It's happening. 

https://www.theboltonnews.co.uk/sport/17405193.bolton-wanderers-close-to-takeover-from-uk-based-consortium/

Thank fuck

5 minutes ago, JJ10 said:

Howard, if bassini fails. When will we get an annoucment about your lot? Tuesday? 

Will it just be a straight forward sale announced or will there be time from the shares being taken to the sale being completed? 

If they decide to take back the shares it will be announced on Tuesday PM @1630 

Alternatively, Mr Bassini improves his current offer to prevent this scenario and my buyers approve KA’s current request for approval to sell up to the 9th April (this includes pleading no contest to the WU petition). 

If KA has not done a deal by then, the shares will be reclaimed.

Edited March 31, 20197 yr by Howardroark
A

4 minutes ago, Howardroark said:

If they decide to take back the shares it will be announced on Tuesday PM @1630 

Alternatively, Mr Bassini improves his current offer to prevent this scenario and my buyers approve KA’s current request for approval to sell up to the 9th April (this includes pleading no contest to the WU petition). 

If KA has not done a deal by then, the shares will be reclaimed.

So they are considering accepting Bassini’s offer not to take the shares?! Why?!

4 minutes ago, Howardroark said:

If they decide to take back the shares it will be announced on Tuesday PM @1630 

Alternatively, Mr Bassini improves his current offer to prevent this scenario and my buyers approve KA’s current request for approval to sell up to the 9th April (this includes pleading no contest to the WU petition). 

If KA has not done a deal by then, the shares will be reclaimed.

So 9th April it is? I don't think I can take much more of this 

1 minute ago, WestStandUpper said:

So they are considering accepting Bassini’s offer not to take the shares?! Why?!

£2M for doing nothing.....

Can we get a brief summary of the weekends actions @Howardroark just to clear everything up with , whose at the table , who’s looking most likely and what’s gone on ? 

5 minutes ago, Howardroark said:

£2M for doing nothing.....

wait, why would they even be considering taking that, if as you said he has provided no proof of funds, and well, has a very dodgy history of having no money?

3 minutes ago, Howardroark said:

£2M for doing nothing.....

Sounds like they don't really want it then? Going from investing £30/40m+ or whatever it comes to, to taking £2m. Doesn't seem like much in the scale of what the investment levels would suggest they'd want out of it.

3 minutes ago, marcx666 said:

wait, why would they even be considering taking that, if as you said he has provided no proof of funds, and well, has a very dodgy history of having no money?

If he comes up with the money then that’s hard to overlook. It wouldn’t be agreed unless it was paid, tomorrow.

So we finally get down to the nitty gritty, thanks for nothing. We are well and truly fucked 

So they are prepared to accept £2m? 

So it’s a free run for Bassini then if he comes up with the cash.

 Either way we find out tomorrow, if they accept the £2m or he proves his worth to the EFL.. 

fuck sake.

Edited March 31, 20197 yr by WestStandUpper

I’m confused.

1 minute ago, Razaldo9 said:

Sounds like they don't really want it then? Going from investing £30/40m+ or whatever it comes to, to taking £2m. Doesn't seem like much in the scale of what the investment levels would suggest they'd want out of it.

They want it, they agreed a deal nearly 2 weeks ago and then have had to watch this ridiculousness in the press for the last 3 days, it truly does not tie in to their ethos. 

KA has treated highly professional investors like idiots, at the top table, that does not go without consequence 

Just now, WestStandUpper said:

So they are prepared to accept £2m? 

So it’s a free run for Bassini then if he comes up with the cash.

fuck sake.

No, that’s the current offer 

1 minute ago, WestStandUpper said:

So they are prepared to accept £2m? 

So it’s a free run for Bassini then if he comes up with the cash.

fuck sake.

That’s always been the case

hardly nothing, due diligence doesn’t come without costs

3 minutes ago, darrener said:

So we finally get down to the nitty gritty, thanks for nothing. We are well and truly fucked 

This deal has been awaiting a signature for nearly 2 weeks, its solely at the feet of KA if Bassini gets it

1 minute ago, Howardroark said:

No, that’s the current offer 

What will they accept?

i thought they wanted the club though..

Just now, WestStandUpper said:

What will they accept?

i thought they wanted the club though..

They want the club, they don’t want the circus 

1 minute ago, Howardroark said:

They want it, they agreed a deal nearly 2 weeks ago and then have had to watch this ridiculousness in the press for the last 3 days, it truly does not tie in to their ethos. 

KA has treated highly professional investors like idiots, at the top table, that does not go without consequence 

But they're offering £2m as they aren't likely to sort it in time, so if they want it they turn down the offer and call the shares in.

So Bassini's offering £2m to stop H's lot taking back the shares. Meanwhile, Ken's got £12m stashed down the back of the sofa. Maybe he's courting another bidder who he thinks will pay more, can't get it done before Tuesday but thinks he can before 9th April ...

There's bollock all chance of Bassini buying the club.

There's bollock all chance of anyone credible with brass using Bassini to front a deal.

In fact, the only sort of chancer who'd have owt to do with the likes of Bassini would be someone like ...

Just now, Razaldo9 said:

But they're offering £2m as they aren't likely to sort it in time, so if they want it they turn down the offer and call the shares in.

As I’ve said, a higher offer has the potential to change things.

Just now, wakey said:

So Bassini's offering £2m to stop H's lot taking back the shares. Meanwhile, Ken's got £12m stashed down the back of the sofa. Maybe he's courting another bidder who he thinks will pay more, can't get it done before Tuesday but thinks he can before 9th April ...

There's bollock all chance of Bassini buying the club.

There's bollock all chance of anyone credible with brass using Bassini to front a deal.

In fact, the only sort of chancer who'd have owt to do with the likes of Bassini would be someone like ...

Somebody who themselves couldn’t pass FPP and needed £40M laundering.

Just now, Howardroark said:

Somebody who themselves couldn’t pass FPP and needed £40M laundering.

thank fcuk for that ... thought it was Ken scheming for a minute

1 minute ago, Howardroark said:

As I’ve said, a higher offer has the potential to change things.

But things haven’t changed for them, they have waited their 14 days for the club and now it’s nearly here, they’re prepared to accept money to lose the club!? 

KA was always gonna create a circus in the 14 days.

8 minutes ago, Howardroark said:

They want it, they agreed a deal nearly 2 weeks ago and then have had to watch this ridiculousness in the press for the last 3 days, it truly does not tie in to their ethos. 

KA has treated highly professional investors like idiots, at the top table, that does not go without consequence 

They have KA by the balls with the shares... so they win regardless of how he has treated them.