If Preston Haskell's bid had been accepted..... (1 Viewer)

Paxman II said:

As I understood the greatest bid was by far Otium's? So beggars the question why the Hoffman/Elloitt backed Haskell bid was so poor? Guilty perhaps of collusion with ACL in attempting to subvert the process and grab the club on the cheap? I always suspect this was their failed attempt personally. that is when everything then got very bitter.

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It's really getting a bit boring having to go through this again.

You can't compare Otium's bid with anyone elses, because they are not comparable.

The vast majority of Otium's bid would have been paid to themselves - what is often referred to as "wooden dollars". Other bids, would actually have involved real money rather than a couple of inter-group journals.

OK?

lordsummerisle said:

Try to distress a company to get it on the cheap?

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If you're referring to CCFC (I'll use the club, as it's tricky to keep up with which legal entity is supposedly trading as it, at any point in time) - exactly how much more distressed do you think it's possible for it to be?

DazzleTommyDazzle said:

It's really getting a bit boring having to go through this again.

You can't compare Otium's bid with anyone elses, because they are not comparable.

The vast majority of Otium's bid would have been paid to themselves - what is often referred to as "wooden dollars". Other bids, would actually have involved real money rather than a couple of inter-group journals.

OK?

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Of course.

In fact had any other bidder outbid them based on a rough guess at it maybe being worth something, you'd (in a general rather than specific sense!) be questioning their sanity and questioning if having such mentalists taking over was really in our interest.

To bid at all pretty insane full stop really IMHO. Win it and you could have been left with a dead dog and puss filled sores.

Doesn't mean nobody is interested however, if nobody bids under those conditions... it just means they're not mentalists.

Keep the discourse open for the white knight to appear from the dark mists, unseen and unknown until he emerges out the shadows.

I think tactics were at play from the Haskell bid all along and it seems they were as bad almost as SISU were in their dealings with ACL and the stadium.
Why Haskell never got round a table beforehand to thrash out a deal with SISU and plot a course to achieve that is beyond me. Clearly they thought in collusion with ACL and the council they could force SISU under. That did not work out.

Why do all these people keep messing around with my football club?

stupot07 said:

OSB has already said they can't submit the group accounts until the fate of Ltd is sorted. The auditors won't sign them off.

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How convenient !!

Paxman II said:

I think tactics were at play from the Haskell bid all along and it seems they were as bad almost as SISU were in their dealings with ACL and the stadium.
Why Haskell never got round a table beforehand to thrash out a deal with SISU and plot a course to achieve that is beyond me. Clearly they thought in collusion with ACL and the council they could force SISU under. That did not work out.

Why do all these people keep messing around with my football club?

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Is that the same SISU who said that the club was not for sale, or a different one?

dazzleTom; It doesn't matter. Like a player he's not for sale then suddenly he's sold. Everything is for sale you just have to find the correct price.

Paxman II said:

dazzleTom; It doesn't matter. Like a player he's not for sale then suddenly he's sold. Everything is for sale you just have to find the correct price.

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I think the truth is that most of the players in the game that is now CCFC have concluded that SISU are not an entity that can be dealt with.

Going back some time, I was posting that the upside of administration would be that potential buyers could deal with an administrator rather than with SiSU - that was of course before we got the SiSU version of administration and the star administrator that was Mr Appleton......

Hence my belief that our only hope is that NOPM will eventually force SISU to negotiate sensibly.