I also can't see the council opposing Ashley owning the stadium. They'll never risk upsetting someone who's promised to build a multi-million pound development which will create 7500 new jobs in the area, with a lot like to be well-paid and high-level.
Who is there left to oppose the sale?
Has Ashley’s bid actually been accepted? He’s preferred bidder but has it been accepted - surely now another bid has come foreward the administrator will have to consider other bids?Administrator and court
Its already subject to due dil
On what grounds, if MA offers what other bidders are offering (or offers better development of the area) it would be hard for anyone to object.Administrator and court
only hope is that this has spooked Ashley and he pulls out i guess
No, the hope is that King is genuine, and Ashley fancies a quick profit upon buying the stadium.only hope is that this has spooked Ashley and he pulls out i guess
No, the hope is that King is genuine, and Ashley fancies a quick profit upon buying the stadium.
Well yeah, if Ashley is paying £17m including his fee, in theory he could make £8m in 10 minutes.
This all stinks… the eve of the court case.
They just want the bond holders to say no don’t accept the bid from Ashley let’s get the other offer on the table… Ashley’s exclusivity expires and then they say nah we will offer a much smaller amount now we can go in play
THIS ALL STINKS!!
Sent from my iPhone using Tapatalk
isn't it up to the judge to decide what's best for all the creditors.
Guess we will find out soon
Is it half time yet?
Yeah 20mins and Doug King is already getting sacked in the morningHas it even kicked off yet
Perhaps King should have offered to refund the period of exclusivity payment as part of the offer. Weakens Administrator argument, no?It's also worth pointing out that Ashley secured a period of exclusivity by paying 1.2 million of his own money to keep the Arena operating during the admin process, this enabled CCFC to fulfil the home fixtures amongst other things.
I didn't see Sisu, Dawkins or king offering such monies (unsecured) upfront!
Well yeah, if Ashley is paying £17m including his fee, in theory he could make £8m in 10 minutes.
That's also why you'd not oppose today's deal though isn't it. As a creditor, it's a ready to roll, as opposed to a maybe if everything goes OK, which given his lack of knowledge of the Arena seems unlikely.25m pre DD though. If he came out and said £18-19m not sure it would have the same impact !
Wonder what Hoffman’s involvement is.
Isn't William Storey that mad bloke with a beard?
Wonder if Hoffman is with Seppala?
Finally gets the chance to call Seppala a cock without consequence?Wonder what Hoffman’s involvement is.
Who is William Storey?
Who is William Storey?
That mentalist with the dodgy energy drink company who apparently wanted Sunderland.
What’s he got to do with it all?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?