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I agree that an equity bid suggests an offer to buy ACL solvently which could potentially take the court out of the equation ie court not willing to pass judgement tomorrow/possible adjournment maybe. Who knows. Taking the stadium on with 35m of bondholder debt attached to it doesn’t really make...

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Agreed. Strange as in surely this could’ve been completed sooner to allow a bid for the stadium prior to preferred bidder status ?! I guess this could possibly influence courts decision tomorrow although depends on what’s being put on the table

Wow. Never a dull moment. Firstly, sounds like fantastic news. Very strange timing though. Negotiations would’ve been going on for ages, if so, why wasn’t it wrapped up in time to get a decent bid in on the stadium ?! Tomorrow becomes even more interesting !

You can’t really blame them, this happened in the middle of missles raining down on them. Whether it was Russia directly or one of Ukraines own missiles trying to protect themselves from the Russian bombardment, it stems from Russia so it’s on them Fair play to NATO and international community...

With their dodgy equipment probably

Id imagine it’s been paid on the understanding that some of it will keep the Arena going in the meantime. I can’t see where else funding would’ve been secured for that. It’s usually non refundable if the bidder/proposed purchaser drops out. Not sure what would happen if the court/bond holders...

Not necessarily. I presume there was a deadline for offers linked to when ACL cash was running out. Parties probably had to submit their offers/declare their interest and potentially pay a non refundable deposit by a certain date to stop the arena being closed. In exchange for a non refundable...

Might not get much mainstream press but for those that are interested, some better news from US inflation data which may indirectly help us. Inflation was lower than anticipated last week. Now their producer prices increased lower than estimated. Hopefully this continues as it means the Fed...

Crazy season with most teams able to beat each other on their day. It’s like the championship !

Is Wentz done there ?

Agree with this but also agree with Shmmeee, the funding wouldn’t have happened. Senior people should walk for even considering it though

It was an absolute disgrace. Bad enough Qatar winning in the first place, the fact they couldn’t then deliver a summer World Cup by magicking up a load of air conditioned stadia, as promised, shouldve meant it reverted to USA or whoever came second The dodgy, greedy fuckers at FIFA (and UEFA...

Nobody knows for sure but SISU know how the process works, they’ve been through it and will know also plenty of lawyers/advisors to give them a steer. They would’ve been aware of the deadlines involved

The administrators are independent and have an obligation to act in creditors interests. Potentially this is their licences/livelihoods on the line. They would’ve weighed up all the pros and cons of the things raised/mentioned previously and made a call An administrators duty is not to gamble...

Agreed. There are trading costs*, wages, professional fees (as trading would have to be overseen by administrators), probably repayment of non refundable deposit as mention earlier, additional legal costs for new sale, potential new/amended lease etc etc. also potential legal actions by CCFC if...

Agree with this. As mentioned on other posts: Have the bondholders got funding to support ACL in administration whilst a higher offer is found ? I doubt it. If not, I think it will be closed/mothballed unless a new buyer is already waiting in the wings Is there already a party willing to...

Yeah, always easier to say with hindsight but I was wondering what they were doing live. Analytics probably told them safest option just looked risky to me. Maybe that punter kicking it into his mates arse the other week put them off. Sure I saw Rams (I think) accept a safety a few weeks back in...

I could watch that video 100 times and I’d be none the wiser as to what he was saying/trying to say. All I could hear was politician speak ie probably bullshit

So, I’d imagine if the lease was forfeited by the council, the bondholders wouldn’t get anything from a future sale ?! The Council could also do an immediate deal with Ashley (or another bidder) I just can’t understand what the bondholders think is going to come from trying to stop the sale...