14 minutes ago, enzo gambaro said:

Who said they were fans? 

I thought H said the group aren't fans but he/she is. Could be wrong

10 hours ago, Mantra said:

 

bassini has to show EFL and Bolton lawyers the money on monday. If He pays it then mystery bidders are out of the picture.

however:

Bassini can offer mystery bidders money to not take the shares on Wednesday. But they have no proof of said money as yet. If Bassini succeeds in paying mystery bidders then the takeover can get taken to 9th April - liquidator appointment takes 7 days usually. So from 3rd April court date that’s the 10th.

bidders would be satisfied (for lack of a better word) to take their offer to delay for a few million but think Bassini won’t be able to show funds. So they get a few million and can still buy the club if Bassini comes up short and if Bassini does get the club then they at least got paid off a few mill.

Howard’s implying Bassini is mugging off Dave Richards to give him credibility to get loans to buy the club but not sure how that works as Howard says there’s nothing left to loan against. That or he’s the front man and is backed by a different bidder who has got cash.

so all in all Howard is relatively confident things can still go as planned but the mystery bidders are pissed off at the circus that’s been created.

probably missed the financial points but I’m sure a more financial head like Chris or sluff can explain that...

 

 

Don't think there's much I can add at the mo. It seems to be at a crucial point and I don't want to put anything out that hinders or muddies the waters

Edited April 1, 20197 yr by Chris Custodiet

9 minutes ago, Chris Custodiet said:

Don't think there's much I can add at the mo. It seems to be at a crucial point and I don't want to put anything out that hinders or muddies the waters

Me neither

1 hour ago, Tonge moor green jacket said:

H has made it clear that his lot are unimpressed with KA.

Understandable, however considering how close they are to effectively fucking him off, then why get a bit hot under the collar now?

Additionally, if they're frustrated with dealing with cunts, then why even contemplate accepting some money from Bassini etc al?

£2m is a lot of dough, fair enough, but if they really are fans (H's lot) then surely they won't be swayed by a comparatively small amount, that could leave still more uncertainty around the club.

These were my thoughts while I was pondering the issue this morning. Ok they might not be fans, but surely they’ve got to have an appetite for wanting what is best for the club and the fans which surely is forcing the share take tomorrow and not letting this Bassini group anywhere near this club on the gamble that they won’t be able to raise the funds/pass the necessary tests by the 9th April?

So if Bassini doesnt come up with the cash today, that leaves KA with just over 24 hours to find a new buyer, assuming there are only 2 currently at the table (Bassini and Howards MB) who then has to go through FFP and DD. No chance in my opinion. Look forward to the announcement tomorrow at 16:30

11 minutes ago, desperado said:

These were my thoughts while I was pondering the issue this morning. Ok they might not be fans, but surely they’ve got to have an appetite for wanting what is best for the club and the fans which surely is forcing the share take tomorrow and not letting this Bassini group anywhere near this club on the gamble that they won’t be able to raise the funds/pass the necessary tests by the 9th April?

Not sure them being fans or otherwise matters on this subject. They will have a put a lot of time and effort into this and to risk it in the hope Bassini actually comes up a big chunk of money is probably not what they will want. 

I am quite relaxed about this whole scenario now - confident that Bassini wont be able to provide funds today, or prior to the 4.30pm deadline tomorrow, allowing Howard's team to swoop in as that appears to be the main option right now.

As Howard says, his team have already done their FPP with the league, and have funds and a plan ready to go to pay of debts and take control of the club.

I suppose it's just a waiting game til tomorrow, and then in that time hoping that Bassini doesn't somehow turn up with a chest full of dosh... which seems unlikely.

I'm sure we were told that,once the Basran deal had fallen through - any prospective buyers would be dealing with the Davies family and not directly with KA?

Just now, Burndens Bogs said:

I'm sure we were told that,once the Basran deal had fallen through - any prospective buyers would be dealing with the Davies family and not directly with KA?

They can only deal with Davies family when they get the shares back off Ken and if Ken pays Moonshift 5 million, the Davies family are not in control.

4 minutes ago, Mounts Kipper said:

They can only deal with Davies family when they get the shares back off Ken and if Ken pays Moonshift 5 million, the Davies family are not in control.

ken aint gonna give davies family 5m though

 

31 minutes ago, Mounts Kipper said:

They can only deal with Davies family when they get the shares back off Ken and if Ken pays Moonshift 5 million, the Davies family are not in control.

I think if Howards bidders take the shares tomorrow, they pay Moonshift the £5m for them instead...

1 minute ago, WestStandUpper said:

I think if Howards bidders take the shares tomorrow, they pay Moonshift the £5m for them instead...

Don't they already own the debt from Moonshift?

1 minute ago, Pricey said:

Don't they already own the debt from Moonshift?

They will only pay it once the shares are reclaimed I imagine, because anytime before tomorrow, Ken can do a deal with anyone else..

Edited April 1, 20197 yr by WestStandUpper

1 minute ago, Pricey said:

Don't they already own the debt from Moonshift?

That's what Howard said yesterday. Moonshift out of the picture. Howard has gone radio silent since that post.

6 minutes ago, WestStandUpper said:

They will only pay it once the shares are reclaimed I imagine, because anytime before tomorrow, Ken can do a deal with anyone else..

How can Howard's MB claim the shares if they don't own the debt?

Moonshift claim the shares

Howards men buy them

I think

6 minutes ago, Pricey said:

How can Howard's MB claim the shares if they don't own the debt?

I'm guessing they will have done a deal in principle with Moonshift to pay for the shares tomorrow once they are reclaimed.

They wouldnt have paid in advance as technically they might not get them if Ken does a deal beforehand.

It is a guess, maybe @Howardroark can confirm?

I'm guessing this Bassini crackpot isn't waiting in line at the Yorkshire Building Society waiting to get a CHAPS over to KA right now. He ain't got the money or he'd have done it today already.

Roll on 16.30 tomorrow

Another thing if the deal is delayed for another week we have two home games in that week, Ipswich and Middlesbrough what happens if staff aren't paid and refuse to work? We could struggle to get the games on. This needs sorting this week IMO. 

Pretty mad how the next few days, if not hours, will determine our next 5 years as a club. Kind of worrying.

just waiting on H to come on here and say Bassini has flopped.

fingers crossed 

 

5 minutes ago, darrener said:

Another thing if the deal is delayed for another week we have two home games in that week, Ipswich and Middlesbrough what happens if staff aren't paid and refuse to work? We could struggle to get the games on. This needs sorting this week IMO. 

 

the players are always gonna be paid. no matter what.

9 minutes ago, darrener said:

Another thing if the deal is delayed for another week we have two home games in that week, Ipswich and Middlesbrough what happens if staff aren't paid and refuse to work? We could struggle to get the games on. This needs sorting this week IMO. 

They could all sit in front of the goal, at least we wouldn't lose

2 minutes ago, HomerJay said:

the players are always gonna be paid. no matter what.

Yes but its the staff that are needed to get the games on

i'm fairly sure if H's team take control tomorrow at 5pm then wages, bills and debts all be paid by weekend... 

They seem the type that would steady the ship instantly.

Let's hope they sack the manager just as quick!!!

Just an update, KA has challenged the validity of the share recall.