Tommy Banks Posted August 6, 2019 Posted August 6, 2019 The whole process is tiresome, never anything concrete being said by anyone. I read with interest peoples comments and reasons for the wretched process. Just want the thing sorted .
Escobarp Posted August 6, 2019 Posted August 6, 2019 The problem here is peoples expectations on how long these things take have been set stupidly wrong. This is incredibly complex and the administrators of the club are doing what they can. is it ideal that the preferred bidder needs the hotel as well? Nope. Is it their fault? Nope. Sadly there appears to have been limited interest in the club at an acceptable level previously which led to FV bid being accepted. What people should thus realize is if there was limited interest at times bids were initially invited there will be limited interest now so all these stories in the press about mystery groups etc should be taken as speculative journalism. I do believe the club will be sold from FV control at some point in the not too distant future but at this time they need both club and hotel to allow them to deliver their own objectives
Chris Custodiet Posted August 6, 2019 Posted August 6, 2019 (edited) 1 hour ago, Benny The Ball said: Got this great idea for a new series of Roy of the Rovers ... Melchester Rovers have been taken over and run into the ground by an evil villain of a chairman ( lets call him Ken for now ) Roy Race , his playing days now well behind him , hears of the problems at Melchester ,and decides he will put a consortium together and try and save the club But evil Ken keeps plotting to stop him saving the club and gets his mates in the press , other disgraced ex chairmen and some dodgy professional advisors to set a trap for Roy by keeping putting obstacles in his way and increasing the sale price thereby threatening to destroy the club ... can Roy save the day ? What do you think ? No - on second thoughts forget it , kids reading comics wouldn't fall for such a a far fetched plot line like that I hope you are not besmirching the good name of Roy Race by comparing him to BWFC's Mister Sitter. Edited August 6, 2019 by Chris Custodiet
MickyD Posted August 6, 2019 Posted August 6, 2019 17 hours ago, Sluffy said: Whether you, me or anyone else likes it or not, Anderson stands/stood to lose around £3.5m from the sale of the hotel if the selling price was £5.5m Wording such as this goes on every investment opportunity. Someone with KA's money should know these things. General Risk Warning: The past performance of any investment is not necessarily a guide to future performance. The value of investments or income from them may go down as well as up. As stocks and shares are valued from second to second, their bid and offer value fluctuates sometimes widely.
Guest Posted August 6, 2019 Posted August 6, 2019 This whole thing has started to become embarrassing. Can we just have a normal football club back please? They don't even have to win every week. Just a club to watch and support with owners, some stability and players to slag off and moan about? Is that too much to ask?
Okocha10 Posted August 6, 2019 Posted August 6, 2019 11 minutes ago, gonzo said: Hopefully administrator doesn't get back to them then, why would we want someone who's not interested in the club but in the hotel.
Breightmet Boy Posted August 6, 2019 Posted August 6, 2019 9 minutes ago, bwfcfan5 said: This whole thing has started to become embarrassing. Can we just have a normal football club back please? They don't even have to win every week. Just a club to watch and support with owners, some stability and players to slag off and moan about? Is that too much to ask? Im hoping the slagging off of players is a thing of the past after the weekend, i certainly hate hearing it.
gonzo Posted August 6, 2019 Posted August 6, 2019 5 minutes ago, Okocha10 said: Hopefully administrator doesn't get back to them then, why would we want someone who's not interested in the club but in the hotel. Going off the tweet they’ve simply asked about the situation. As will plenty of others. Someone from probably KA’s mob is feeding Nixon this info without a doubt.
barrycowdrill Posted August 6, 2019 Posted August 6, 2019 Just now, Breightmet Boy said: Im hoping the slagging off of players is a thing of the past after the weekend, i certainly hate hearing it. Magennis is an exception to that rule
Okocha10 Posted August 6, 2019 Posted August 6, 2019 4 minutes ago, gonzo said: Going off the tweet they’ve simply asked about the situation. As will plenty of others. Someone from probably KA’s mob is feeding Nixon this info without a doubt. Just hope Quantuma are not thinking about selling to someone who's just interested solely on the hotel & not the club would be a disaster. Ken's & the other creditor's are probably creating this interested to get extra cash as some of suggested. Hopefully this deadline on friday for the hotel puts an end to it all.
Guest Posted August 6, 2019 Posted August 6, 2019 9 minutes ago, Breightmet Boy said: Im hoping the slagging off of players is a thing of the past after the weekend, i certainly hate hearing it. Me too. And manager and anyone associated with the club. We need to pull together. it was tongue in cheek. But I'd rather we had that to discuss than this circus.
Guest Posted August 6, 2019 Posted August 6, 2019 9 minutes ago, gonzo said: Going off the tweet they’ve simply asked about the situation. As will plenty of others. Someone from probably KA’s mob is feeding Nixon this info without a doubt. Exactly - it is what I suspected yesterday.
Burndens Bogs Posted August 6, 2019 Posted August 6, 2019 18 minutes ago, Breightmet Boy said: Im hoping the slagging off of players is a thing of the past after the weekend, i certainly hate hearing it. Me too - it's embarrassing and counter productive. I've no doubt that the fantastic support our young 'uns got at Wycombe lifted their game by 10 -15%. It would be great if some of the Macron moaners followed suit.
Escobarp Posted August 6, 2019 Posted August 6, 2019 23 minutes ago, Okocha10 said: Just hope Quantuma are not thinking about selling to someone who's just interested solely on the hotel & not the club would be a disaster. Ken's & the other creditor's are probably creating this interested to get extra cash as some of suggested. Hopefully this deadline on friday for the hotel puts an end to it all. Quantuma are not acting in the best interests of the football club and it’s supporters so you need to get used to that concept quickly. They are engaged to act in the best interests of the creditors of the hotel in isolation. If somebody bids a sufficient amount to buy it and intended on turning into a DMB supporters club they would sell it. Silly example but you get my drift. Folk are going to be very disappointed if they keep thinking that Quantuma have any loyalty to our club whatsoever. They have none.
anthonyj Posted August 6, 2019 Posted August 6, 2019 1 hour ago, Burndens Bogs said: To try and create a bit of an exciting story in what is a one horse race. "Takeover to complete soon" "Takeover has hit snags" "New mystery bidder in the mix" It gets him a bit of attention. It's fucking tiresome. True mate
gonzo Posted August 6, 2019 Posted August 6, 2019 48 minutes ago, Escobarp said: Quantuma are not acting in the best interests of the football club and it’s supporters so you need to get used to that concept quickly. They are engaged to act in the best interests of the creditors of the hotel in isolation. If somebody bids a sufficient amount to buy it and intended on turning into a DMB supporters club they would sell it. Silly example but you get my drift. Folk are going to be very disappointed if they keep thinking that Quantuma have any loyalty to our club whatsoever. They have none. Aye but anyone wanting the hotel would need the football club and it’s land would it not? If someone swoops in and buys the hotel but not the club, if that’s possible, That would lead to the collapse of the FV purchase of the club. Therefore rendering it a no go? Or I have I got this wrong?
Escobarp Posted August 6, 2019 Posted August 6, 2019 (edited) 8 minutes ago, gonzo said: Aye but anyone wanting the hotel would need the football club and it’s land would it not? If someone swoops in and buys the hotel but not the club, if that’s possible, That would lead to the collapse of the FV purchase of the club. Therefore rendering it a no go? Or I have I got this wrong? Nope you are spot on mate in terms of if someone other than FV buys the hotel it would appear the club deal collapses as far as FV are concerned But FV have shown their hand clearly that without the hotel it doesn’t work which as we all know the hotel doesn’t make money so this is likely a property play. playing devils advocate here but what if a separate buyer buys the hotel, knowing that the club will likely be liquidated as a result of FV not getting the hotel as well and this then allowing the new hotel owner to acquire the stadium asset out of liquidation with no need to buy the club per se as the club no longer exists l, no need to pay football creditors etc. just a straightforward asset purchase and they then own all the assets?? i hope I am very very wrong and FV are successful but I’ve seen a scenario before where somebody who owned a car park and access road effectively bust a neighboring business and then bought the neighboring asset and developed it and made a lot of money. It’s business to these people no emotion Edited August 6, 2019 by Escobarp
Guest Posted August 6, 2019 Posted August 6, 2019 7 minutes ago, gonzo said: Aye but anyone wanting the hotel would need the football club and it’s land would it not? If someone swoops in and buys the hotel but not the club, if that’s possible, That would lead to the collapse of the FV purchase of the club. Therefore rendering it a no go? Or I have I got this wrong? Yep. And then if that happened the hotel owners would be banking on someone, like Eddie Davies trust keeping club alive...which I'm unconvinced would happen.
Guest Posted August 6, 2019 Posted August 6, 2019 Just now, Escobarp said: Nope you are spot on mate in terms of if someone other than FV buys the hotel it would appear the club deal collapses as far as FV are concerned But FV have shown their hand clearly that without the hotel it doesn’t work which as we all know the hotel doesn’t make money so this is likely a property play. playing devils advocate here but what if a separate buyer buys the hotel, knowing that the club will likely be liquidated as a result of FV not getting the hotel as well and this then allowing the new hotel owner to acquire the stadium asset out of liquidation with no need to buy the club per se as the club no longer exists l, no need to pay football creditors etc. just a straightforward asset purchase and they then own all the assets?? A large part of the hotel's income is from football related activity. Its a hotel in a decent position but its USP is the link to the football activity. Without that its just a hotel and whilst a chain might be interested they don't want to then have to go into a fight for the infrastructure of the building down the line...
Escobarp Posted August 6, 2019 Posted August 6, 2019 2 minutes ago, bwfcfan5 said: Yep. And then if that happened the hotel owners would be banking on someone, like Eddie Davies trust keeping club alive...which I'm unconvinced would happen. Why? Why does the hotel owner need the club to survive? I would be interested in knowing your rationale
Escobarp Posted August 6, 2019 Posted August 6, 2019 1 minute ago, bwfcfan5 said: A large part of the hotel's income is from football related activity. Its a hotel in a decent position but its USP is the link to the football activity. Without that its just a hotel and whilst a chain might be interested they don't want to then have to go into a fight for the infrastructure of the building down the line... What if the same entity purchases the stadium out of liquidation? Surely that’s the prime play here for any developer? They have the whole asset base then again hope im wrong and FV get the hotel
Escobarp Posted August 6, 2019 Posted August 6, 2019 Let’s not forget FV want the hotel. They want to develop the land I think we are all sure of that that’s the angle here. And then owning us keeps the club alive too. They will develop around us. Hence why MJ being a supporter is a massive positive as per casino’s comments. Anyone else getting the hotel knowing that it may well be just that a hotel next to a busy football club must have a plan b unless plan b is plan A. Not ITK by any stretch just using past experience and looking at it subjectively
Damocles Posted August 6, 2019 Posted August 6, 2019 Here’s what puzzles me, how do the 95% of league clubs without a hotel cope? How can we (with 7 seniors) only be financial viable when accompanied by a hotel?
Escobarp Posted August 6, 2019 Posted August 6, 2019 1 minute ago, Damocles said: Here’s what puzzles me, how do the 95% of league clubs without a hotel cope? How can we (with 7 seniors) only be financial viable when accompanied by a hotel? We’re not as you well know Howard. There is a bigger more sinister picture here. Again as I suspect you know
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