But it stands to reason there would be more bidders whilst in admin. SISU allegedly would have been in and this American with Dawkins (if he’s real)The bidding war by the sounds of it was the pre-pack admin, between MA and NEC. Any genuine bidders would have come forward then.
But it stands to reason there would be more bidders whilst in admin. SISU allegedly would have been in and this American with Dawkins (if he’s real)
I assume Ashley has bid a significant sum if they think that’s the best offer
For the trustee to say there's not time to contact bondholders is quite a bold claim when bondholders have for weeks, if not months, been requesting the trustee does something as they watched their investment disappear.
Ashley must have offered a sum close to the realistic valuation of the businesses. There's a time factor to getting things done before these businesses run out of money.But it stands to reason there would be more bidders whilst in admin. SISU allegedly would have been in and this American with Dawkins (if he’s real)
I assume Ashley has bid a significant sum if they think that’s the best offer
Not sure how it works but isn’t that down to the administrator, so much in the pound I assume, don’t think it’s just bond holders owed money. I think HMRC is one who I assume will get the lions share.So where is the significant sum going if the debts aren't being paid off?
Like I said, serious bidders.But it stands to reason there would be more bidders whilst in admin. SISU allegedly would have been in and this American with Dawkins (if he’s real)
I assume Ashley has bid a significant sum if they think that’s the best offer
Thought it was Thursday?Let’s wait until Wednesday and see
So where is the significant sum going if the debts aren't being paid off?
Enough to pay off half the bonds would be a significant sum. Part of the problem the bondholders have in accepting a reduced pay back is that they believed the valuations in the accounts, which at the very least didn’t take any dilapidations costs in to account. I don’t think that they grasp that there aren’t all that many potential buyers.So where is the significant sum going if the debts aren't being paid off?
Court case is the 17th, don’t know when the out come will be knownThought it was Thursday?
It will point to magnetic northIt will be interesting to see what Compass do !
So what would that mean for those owed money. There would be a stadium sat there up for grabs wouldn’t there, who would grab it.I think liquidation is a real possibility if the administrators lose the case - not good for CCFC and not necessarily good for bondholders either.
Karate or Judo and my money's on Reeves. A good bit of wrestling though, and Duggins will come into his own.
who would win in a fight between Duggins and Reeves?
Red flag should have been when the Trustee asked them for money to pay for advertising the arena sale. Implication being there wasn't many interested in buying it.Enough to pay off half the bonds would be a significant sum. Part of the problem the bondholders have in accepting a reduced pay back is that they believed the valuations in the accounts, which at the very least didn’t take any dilapidations costs in to account. I don’t think that they grasp that there aren’t all that many potential buyers.
I think liquidation is a real possibility if the administrators lose the case - not good for CCFC and not necessarily good for bondholders either.
Red flag should have been when the Trustee asked them for money to pay for advertising the arena sale. Implication being there wasn't many interested in buying it.
You would never know. It would be behind closed doors.
who would win in a fight between Duggins and Reeves?
Duggins is either a bare faced liar or has so little respect from the senior Council members that they feel they can do as they please.Karate or Judo and my money's on Reeves. A good bit of wrestling though, and Duggins will come into his own.
What was said?
Good look for who ?Duggins is either a bare faced liar or has so little respect from the senior Council members that they feel they can do as they please.
Either way, it’s not a good look.
Who’s pissed on CWRs chips? No way they dig this much publicly 18 months agoJust a repeated of his tweets basically. Council say council didn’t consider it, Reeves did. CWR find it ridiculous Reeves could do it without Duggins knowledge. They’ve asked Reeves for an interview.
Who’s bloody interested ?It's a direct contradiction.
Reeves has literally given direct quotes about it as well.
I guess they are just going to try and play on words to deny it / wriggle out of it.
Who’s bloody interested ?
Only interested in the court result pal nothing else all this Reeves, Duggins, CCC pissing clap trap. Sit back and see what happens Wednesday, might do you good.
ThursdayOnly interested in the court result pal nothing else all this Reeves, Duggins, CCC pissing clap trap. Sit back and see what happens Wednesday, might do you good.
Constant boring talk going on and on about Reeves this, Duggins that Jesus !! Bottom line.You aren't sitting back and seeing what happens though? You are replying to loads of posts saying "Who cares?"
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