It's amazing really..... (1 Viewer)

dongonzalos · Feb 18, 2016

People are still queuing up to buy championship football clubs before administration, no matter how much debt they have

dongonzalos · Feb 18, 2016

Sky sources understand Bolton owner Eddie Davies is hoping to decide who will be buying the club before the weekend after entering a period of exclusivity with a potential buyer.

The club wants an agreement in place by the end of Friday, before they defend a winding up petition at the High Court in London on Monday

They must pay £3m tax bill owed to HMRC or risk being placed in administration, and face a 12-point deduction. The new ownership would still need to pass the Football League criteria.

stupot07 · Feb 18, 2016

Do they own their own / long lease the ground and benefit from 100% income generated there? According to wiki they own it, makes a difference buying something which owns a number assets , rather than us that has a training ground and sole bibs....

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Brylowes · Feb 18, 2016

stupot07 said:
Do they own their own / long lease the ground and benefit from 100% income generated there?

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Here we go

italiahorse · Feb 18, 2016

We need to get back on the radar

stupot07 · Feb 18, 2016

Brylowes said:
Here we go

Why? That's exactly what Don was fishing for? If you could negotiated down for pence in the pound a company that owns a number of assets including their ground to one that doesn't, which would you choose?

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italiahorse · Feb 18, 2016

The owner is writing off £175M in any deal.
Come on Sisu do the same and let someone else have a go.

SkyBlueZack · Feb 18, 2016

Zzzzzzzzzz

ccfcway · Feb 18, 2016

we have this ?

http://www.ccfc.co.uk/news/article/new-stadium-release-1245942.aspx

must be nearly done now ?

italiahorse · Feb 18, 2016

ccfcway said:
we have this ?

http://www.ccfc.co.uk/news/article/new-stadium-release-1245942.aspx

must be nearly done now ?

If your going to make your fans drool, why go for a 12,500 seater stadium?
Okay, it didn't stop a few.

italiahorse · Feb 18, 2016

SkyBlueZack said:
Zzzzzzzzzz

Sisu board meeting ?

JulianDarbyFTW · Feb 18, 2016

The EPL is a treasure trove nowadays. Multi-millions in the coffers even for abject failure. That's the reason certain people want a football club (along with those who are rich enough to have one as a plaything or those that have a 'look at me' complex). Most of us know that running a club isn't going to make anyone rich - who was the last owner to make a big bunce? - but the potential must be there or every club in the land would be community owned.

Grendel · Feb 18, 2016

dongonzalos said:
People are still queuing up to buy championship football clubs before administration, no matter how much debt they have

I am sure they are.

Are any of the grounds council owned and the council in question would only consider bids from hedge funds who were prepared to purchase without ground ownership.

More trolling - nothing to see here.

torchomatic · Feb 18, 2016

dongonzalos said:
People are still queuing up to buy championship football clubs before administration, no matter how much debt they have

dongonzalos · Feb 18, 2016

it was the before administration bit. I was actually talking about.
I am surprised they don't wait to get it cheaper.
Unless that much debt is getting written off it wouldn't be any cheaper in administration?

SkyBlueCharlie · Feb 18, 2016

Grendel said:
I am sure they are.

Are any of the grounds council owned and the council in question would only consider bids from hedge funds who were prepared to purchase without ground ownership.

More trolling - nothing to see here.

Think Grendel has a thing going for Don cos whenever Don posts Grendel appears He must be in love.

covmark · Feb 18, 2016

SkyBlueCharlie said:
Think Grendel has a thing going for Don cos whenever Don posts Grendel appears He must be in love.

I think it may be the other way round. Put it this way, if Grendel were to leave the forum there's a few posters that would never post again. The obsession with him, by some on here is bordering on the weird.

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Sick Boy · Feb 18, 2016

italiahorse said:
The owner is writing off £175M in any deal.
Come on Sisu do the same and let someone else have a go.

So our business model should be based on someone pumping money into the club and then quietly leaving when their running has run out before repeating the cycle?

italiahorse · Feb 18, 2016

covmark said:
I think it may be the other way round. Put it this way, if Grendel were to leave the forum there's a few posters that would never post again. The obsession with him, by some on here is bordering on the weird.

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There will be no need to respond to the insults he gives you for daring to have an opinion.

Grendel · Feb 18, 2016

covmark said:
I think it may be the other way round. Put it this way, if Grendel were to leave the forum there's a few posters that would never post again. The obsession with him, by some on here is bordering on the weird.

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It's becoming embarrassing.

Sick Boy · Feb 18, 2016

italiahorse said:
There will be no need to respond to the insults he gives you for daring to have an opinion.

To be fair that applies to quite a few posters.

the rumpo kid · Feb 18, 2016

dongonzalos said:
People are still queuing up to buy championship football clubs before administration, no matter how much debt they have

no one wants wolves, been up for sale since October no offers.

torchomatic · Feb 18, 2016

Best not to mention that as it won't "fit".

the rumpo kid said:
no one wants wolves, been up for sale since October no offers.

Deleted member 5849 · Feb 18, 2016

the rumpo kid said:
no one wants wolves, been up for sale since October no offers.

I do wonder why actually. They always seemed a half decently run club with promise.

Overpriced, or things under Morgan not run as well as they should be?

Grendel · Feb 18, 2016

the rumpo kid said:
no one wants wolves, been up for sale since October no offers.

Villa are up for sale as well aren't they?

wingy · Feb 18, 2016

West. brom, blues, no one wants them.

Johnnythespider · Feb 18, 2016

All the clubs nobody wants to buy are in the Midlands

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Grendel · Feb 18, 2016

Thread not going as the OP intended.

stupot07 · Feb 18, 2016

the rumpo kid said:
no one wants wolves, been up for sale since October no offers.

Villa have been up for sale for ages too., and they're in the PL.

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dongonzalos · Feb 18, 2016

I don't think any of those clubs are on the verge of administration.
I am amazed that people buy championship clubs prior to them going into administration. Surely it would make more sense to buy them afterwards?

dongonzalos · Feb 18, 2016

covmark said:
I think it may be the other way round. Put it this way, if Grendel were to leave the forum there's a few posters that would never post again. The obsession with him, by some on here is bordering on the weird.

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I take it Sickboy would still be here

stupot07 · Feb 18, 2016

dongonzalos said:
I don't think any of those clubs are on the verge of administration.
I am amazed that people buy championship clubs prior to them going into administration. Surely it would make more sense to buy them afterwards?

Why? You're almost certainly going to get 2 point deductions and get relegated. Plus you have to pay ?p in a £1, whereas buying beforehand they can just do an "IOU if we ever play on the moon" like sisu did either Robinson et al. Plus you might not win the bidding process through admin process, or may over pay if there's a lot of interested. Lots more reasons too.

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dongonzalos · Feb 18, 2016

stupot07 said:
Why? You're almost certainly going to get 2 points deductions and get relegated. Plus you have to pay ?p in a £1, whereas buying beforehand they can just do an IOU if we ever play ok the moon like sisu did. Plus you might not win the bidding process through admin process, or may over pay if there's a lot of interested. Lots more reasons too.

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So you think lots of people would be interested in clubs in Administration and you may end up paying more than pre administration?

Calista · Feb 18, 2016

This is what we should be worrying about – the Premier League effectively becoming a closed shop for the 20 teams in it, plus about 10 who have been in it.

http://www.bbc.co.uk/sport/football/35587016

The TV money totally overshadows everything else. Some clubs are at least on the pavement outside, enviously looking into the sweet shop and knocking on the door – but we’ve spent the last few years two streets away having an argument

singers_pore · Feb 18, 2016

Grendel said:
More trolling - nothing to see here.

You should put that at the end of all your posts.

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