wakey Posted April 1, 2019 Share Posted April 1, 2019 Just now, Howardroark said: Redemption of a securitised asset comes with all kinds of legal mandates allowing for a challenge if processes are not followed to the letter of the law. KA can and will seek an injunction preventing it. His attempts to buy it have failed. But his basis for injunction is piss weak / non-existant. The claim is the notice was sent to BL, not to ICI. Since KA is director of BL, BL is facing WU petition / attempting to sell (as he told the judge) and is the address for serving KA on anything BL related, any judge would tell him to do one. Has he acted yet or is this just Ken making noise? If he's filed the paperwork, any idea of the sequence of events? Link to comment Share on other sites More sharing options...
Howardroark Posted April 1, 2019 Share Posted April 1, 2019 Just now, Jeebster said: Howard, I sincerely respect everything that you have posted & do not doubt your integrity - however, my personal view is that I don't think that your bidders are that serious. If they seriously have deep pockets & really wanted the club - they would not let anything that KA has done to date affect their bid, surely they should have known that dealing with someone such as Anderson would have been like this....everyone knows the type of despicable person he is, and that he doesn't give a toss about the club, players, staff, fans etc....he's only ever been in this for himself and surely your bidders are not naïve enough to not have known this. My bidders circumvented KA to avoid dealing with him. They then agreed to his demands and put everything in place to acquire the business 9 days ago. All this despite KA refusing to meet them. Since that point they have had to sit and watch as KA has allowed this whole Bassini farce to play out whilst refusing to talk to/meet with them to sign off. They are then told that he is challenging the legality of their claim to security on frankly ridiculous grounds simply to suit his own purpose. These people don’t have the time to be ‘not serious’ but they also don’t have the time to be played publicly by Ken Anderson Link to comment Share on other sites More sharing options...
SilentBob Posted April 1, 2019 Share Posted April 1, 2019 (edited) 6 minutes ago, Howardroark said: What they won’t do is anything detrimental to their reputation. They wouldn’t seek to go through a public court process with Ken Anderson. Firstly, reclaiming debt that is overdue by needing to appear in court is detrimental to someones reputation? How? Especially when the person on the other side has form for being in court due to not paying bills. Secondly, they want it so much, but soon as Ken says he's going public they don't care and will allow him to do whatever he pleases with the club even though he owes them money? Edited April 1, 2019 by SilentBob Link to comment Share on other sites More sharing options...
Howardroark Posted April 1, 2019 Share Posted April 1, 2019 3 minutes ago, wakey said: But his basis for injunction is piss weak / non-existant. The claim is the notice was sent to BL, not to ICI. Since KA is director of BL, BL is facing WU petition / attempting to sell (as he told the judge) and is the address for serving KA on anything BL related, any judge would tell him to do one. Has he acted yet or is this just Ken making noise? If he's filed the paperwork, any idea of the sequence of events? BWFC is under WU, not Burnden Leisure. Link to comment Share on other sites More sharing options...
WestStandUpper Posted April 1, 2019 Share Posted April 1, 2019 Just now, Howardroark said: My bidders circumvented KA to avoid dealing with him. They then agreed to his demands and put everything in place to acquire the business 9 days ago. All this despite KA refusing to meet them. Since that point they have had to sit and watch as KA has allowed this whole Bassini farce to play out whilst refusing to talk to/meet with them to sign off. They are then told that he is challenging the legality of their claim to security on frankly ridiculous grounds simply to suit his own purpose. These people don’t have the time to be ‘not serious’ but they also don’t have the time to be played publicly by Ken Anderson I get all that, I really do. but tomorrow they can get rid of him, stick two fingers up and never have to speak to him again. So why wouldn’t they do that? Link to comment Share on other sites More sharing options...
Howardroark Posted April 1, 2019 Share Posted April 1, 2019 Just now, SilentBob said: Firstly, reclaiming debt that is overdue by needing to appear in court is detrimental to someones reputation? How? Especially when the person on the other side has form for being in court due to not paying bills. Secondly, they want it so much, but soon as Ken says he's going public they don't care and will allow him to do whatever he pleases with the club even though he owes them money. They are guaranteed by a fixed and floating first charge so it’s not a question of the money, it’s a question of what you stand for. Link to comment Share on other sites More sharing options...
Moderators Casino Posted April 1, 2019 Moderators Share Posted April 1, 2019 8 minutes ago, Howardroark said: It’s not about them agreeing, it’s about if KA can get a judge to delay it. So, if Ken doesn't find a judge to agree with him, shares transfer tomorrow? Link to comment Share on other sites More sharing options...
Burndens Bogs Posted April 1, 2019 Share Posted April 1, 2019 (edited) Finding it hard to cope with this rollercoaster, a few weeks ago the talk on here was about the possibility of a new mega bucks owner with deep pockets. Fast forward a couple of weeks and now the word is we could be liquidated within days. Gone. finished. Scary shit. Edited April 1, 2019 by Burndens Bogs Link to comment Share on other sites More sharing options...
Howardroark Posted April 1, 2019 Share Posted April 1, 2019 Just now, WestStandUpper said: I get all that, I really do. but tomorrow they can get rid of him, stick two fingers up and never have to speak to him again. So why wouldn’t they do that? Because he’s not going to simply slink away, he doesn’t respect the law or it’s processes. Dont forget, they offered KA millions of pounds simply to avoid the whole drama of recalling the shares Link to comment Share on other sites More sharing options...
Jeebster Posted April 1, 2019 Share Posted April 1, 2019 3 minutes ago, darrener said: That's why they didn't deal with him personally, they went through Moonshift This still doesn't add up to me, these are so called serious business men they should have foreseen things like this happening in a deal like this - also it sounds like Moonshift obviously don't have the clout they thought they had to force Anderson's hand. I'm really surprised that Howards bidders & Moonshift knowing what KA is like did not envisage this happening, and are now pulling out just because it's got a bit difficult. Link to comment Share on other sites More sharing options...
Howardroark Posted April 1, 2019 Share Posted April 1, 2019 1 minute ago, Casino said: So, if Ken doesn't find a judge to agree with him, shares transfer tomorrow? Yes Link to comment Share on other sites More sharing options...
Razaldo9 Posted April 1, 2019 Share Posted April 1, 2019 I had a quick look at the charge document on the inner circle companies house page and all the paperwork to be sent to ICI was at the club address (although burden leisure). If ken signed this, does this not acknowledge that's where the correspondence will be sent? It mentions in there delivery is complete when received at the address, which is the stadium as far as I can tell. The other address listed was Ken's solicitors in Leeds, so did they potentially get a copy too? This is just a general look, I don't really know anything about how this would be settled. Link to comment Share on other sites More sharing options...
snowball Posted April 1, 2019 Share Posted April 1, 2019 24 minutes ago, jules_darby said: Ah stop being so fucking sensitive; he’s hardly had a load of flack has he. Jesus Twatting wept Oh and I do know Casino in real life.........it’s not a blessing Pretty soon now you are going to have to admit that 'saving' a club in order to destroy it (and making a few million in the process personally) is not a reason to admire sweaty. In fact it shows him clearly to be the utter shithouse we have always known him to be. As someone else said while he was our cunt it was ok.But that was never going to last and looks like we will find out just how rotten he is in next few days. Link to comment Share on other sites More sharing options...
SilentBob Posted April 1, 2019 Share Posted April 1, 2019 Just now, Howardroark said: They are guaranteed by a fixed and floating first charge so it’s not a question of the money, it’s a question of what you stand for. That sort of ties in with my point. It's detrimental to their reputation to pursue him publicly, but they're likely to release a statement if they don't get it from what you've said. I don't understand how pursuing a con artist for debt owed is more detrimental to a reputation than publicly acknowledging you wanted the club but stood back and watched it get liquidated because the owner is a clown. Link to comment Share on other sites More sharing options...
WestStandUpper Posted April 1, 2019 Share Posted April 1, 2019 1 minute ago, Howardroark said: Because he’s not going to simply slink away, he doesn’t respect the law or it’s processes. Dont forget, they offered KA millions of pounds simply to avoid the whole drama of recalling the shares He has no choice to slink away if he doesnt have shares anymore though... he's gazumped, gone, nothing to do with the club. He can try and cry wolf after the event but its too late! Link to comment Share on other sites More sharing options...
Howardroark Posted April 1, 2019 Share Posted April 1, 2019 Just now, Jeebster said: This still doesn't add up to me, these are so called serious business men they should have foreseen things like this happening in a deal like this - also it sounds like Moonshift obviously don't have the clout they thought they had to force Anderson's hand. I'm really surprised that Howards bidders & Moonshift knowing what KA is like did not envisage this happening, and are now pulling out just because it's got a bit difficult. They predicted KA was corrupted by greed and so agreed to his terms to avoid this situation, that still wasn’t enough, they have no appetite for a court battle. Link to comment Share on other sites More sharing options...
wakey Posted April 1, 2019 Share Posted April 1, 2019 4 minutes ago, Howardroark said: BWFC is under WU, not Burnden Leisure. Makes no difference to the point I was making. He's also director of BWFC. Link to comment Share on other sites More sharing options...
WestStandUpper Posted April 1, 2019 Share Posted April 1, 2019 3 minutes ago, Casino said: So, if Ken doesn't find a judge to agree with him, shares transfer tomorrow? 2 minutes ago, Howardroark said: Yes How likely is this and the 4.30pm announcement? Link to comment Share on other sites More sharing options...
Stu123 Posted April 1, 2019 Share Posted April 1, 2019 2 minutes ago, Howardroark said: Because he’s not going to simply slink away, he doesn’t respect the law or it’s processes. Dont forget, they offered KA millions of pounds simply to avoid the whole drama of recalling the shares So why all the drama?? Doing it this way, going via liquidation, does he stand to come out with more?? Link to comment Share on other sites More sharing options...
Moderators Casino Posted April 1, 2019 Moderators Share Posted April 1, 2019 2 minutes ago, Howardroark said: Yes Transfer being to moonshift? Link to comment Share on other sites More sharing options...
Howardroark Posted April 1, 2019 Share Posted April 1, 2019 1 minute ago, Razaldo9 said: I had a quick look at the charge document on the inner circle companies house page and all the paperwork to be sent to ICI was at the club address (although burden leisure). If ken signed this, does this not acknowledge that's where the correspondence will be sent? It mentions in there delivery is complete when received at the address, which is the stadium as far as I can tell. The other address listed was Ken's solicitors in Leeds, so did they potentially get a copy too? This is just a general look, I don't really know anything about how this would be settled. As I have said, I don’t know any particulars of addresses and claims or even if it’s legitimately a reason to delay the share transfer. What I do know is that there are efforts being made to gain a judgement preventing this from occurring and that does not sit well. Link to comment Share on other sites More sharing options...
WestStandUpper Posted April 1, 2019 Share Posted April 1, 2019 Just now, Howardroark said: As I have said, I don’t know any particulars of addresses and claims or even if it’s legitimately a reason to delay the share transfer. What I do know is that there are efforts being made to gain a judgement preventing this from occurring and that does not sit well. he's gonna try anything he can, doesn't mean he's right.... and i suspect he isn't! You boys should just swoop in, and give him the two fingers. Link to comment Share on other sites More sharing options...
Pricey Posted April 1, 2019 Share Posted April 1, 2019 Just now, WestStandUpper said: he's gonna try anything he can, doesn't mean he's right.... and i suspect he isn't! You boys should just swoop in, and give him the two fingers. Or the cactus Link to comment Share on other sites More sharing options...
wakey Posted April 1, 2019 Share Posted April 1, 2019 1 minute ago, Howardroark said: They predicted KA was corrupted by greed and so agreed to his terms to avoid this situation, that still wasn’t enough, they have no appetite for a court battle. They seem very keen to avoid the spotlight. Genuine (admittedly subjective) question - if we knew details of who your lot were would we be generally elated, happy or a bit disappointed Link to comment Share on other sites More sharing options...
Jcookie Posted April 1, 2019 Share Posted April 1, 2019 1 minute ago, Howardroark said: As I have said, I don’t know any particulars of addresses and claims or even if it’s legitimately a reason to delay the share transfer. What I do know is that there are efforts being made to gain a judgement preventing this from occurring and that does not sit well. What your gut feeling on the outcome tomorrow Howard? And surely short notice to get this judge order in place tomorrow morning / early afternoon? Link to comment Share on other sites More sharing options...
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