The Penguin
Well-Known Member
Ah so that's where I went wrong, I was using pop3.gettheflanoutyounogoodsisubastards.com
Bid Deadline Extended until Thursday (1 Viewer)
- Thread starter Nick
- Start date
Ah so that's where I went wrong, I was using pop3.gettheflanoutyounogoodsisubastards.com
Sky Blue Kid
Well-Known Member
Don't forget SISU have an "Entity" making a bid for "Ltd"...........Could it be Byng?
Bluegloucester
New Member
Byng is a non entity!Don't forget SISU have an "Entity" making a bid for "Ltd"...........Could it be Byng?
Sky Blue Kid
Well-Known Member
Fisher actually said on the Friday night forum that SISU had put in a bid with an entity of their organisation while deliberately not saying it's name!
rupert_bear
Well-Known Member
The more things are pushed backwards nearer to the big kick-off the more likely there will be no sillly ground share. Am i correct by saying once a buyer has been identified by Appleton this then goes before a judge. that will be another delay, it frustrates the signing of much needed new players but also muddles up up any plans to play elsewhere.
JackTaylor
New Member
I wish this sorry episode can be put behind us so that we can concentrate on the important issue, getting out of League 1.
D
Deleted member 5849
Guest
Don't need to worry about that, we'll be out of it this time next year.
I admire your confidence, but the only way we're looking likely to get out of his league is by being relegated!
RegTheDonk
Well-Known Member
Fisher actually said on the Friday night forum that SISU had put in a bid with an entity of their organisation while deliberately not saying it's name!
Well if Byng is going into partnership with sisu, that would surely mean the ricoh is out, ccc said they would not sell to sisu.
I'm pretty sure that's what he was implying......
mattylad
Member
Thursday deadline is only for those who have already placed an indicative offer to make that formal. To me that sounds like further information must have been supplied to those interested with regards to what the administrator believes is in Ltd. Fingers crossed that we could be rid of them soon if the league choose to support a new owner.
Sky Blue Kid
Well-Known Member
@ RegTheDonk.
Another scenario could be....Byng buys the shares then when things settle down, brings in SISU as a partner
Another scenario could be....Byng buys the shares then when things settle down, brings in SISU as a partner
RegTheDonk
Well-Known Member
@ RegTheDonk.
Another scenario could be....Byng buys the shares then when things settle down, brings in SISU as a partner
Kid, its doing my head in, so many possible twists, turns, conspiracy theories, I just cant follow it.
My X-Files box set was easier to digest.
SkyblueBazza
Well-Known Member
Not THAT secret then...& why do you believe it?
SkyblueBazza
Well-Known Member
What do you reckon he put his bid in the 8th carriage & they cut the train down to 7 carriages :-o
Grendel
Well-Known Member
Why on earth would it "go before a judge"?
SkyblueBazza
Well-Known Member
...because he's an Officer of the Court - he has to report back & I think it has to be in public.
@richh87
Member
To be fair the whole process is a bit of a mystery to many of us.
My understanding of it was whoever successfully bids for Ltd, assuming the golden share is returned there, would own the football club; and that it's then SISUs problem that they have players on contracts etc. But I read this morning that the winning bidder would then have to negotiate with SISU, but I'm not sure why that's the case...
dongonzalos
Well-Known Member
I assume the judge bit is the administrator trying to wash his hands of the aftermath.
Ie SISU, the FL and the bid winner battle out who owns the club and the administrator walks away with his half a million.
Sick Boy
Super Moderator
Wouldn't sisu own the naming rights as well?
Grendel
Well-Known Member
Yes but that is formal approval of the decision. It will not delay the process.
Sky blue north east
Member
Find it so strange that the best bid goes missing!!! Then again perhaps not as appleton is a sisu puppet!!! He needs sorting out!!!
SkyblueBazza
Well-Known Member
I think in theory they wouldn't have to negotiate with SISU under normal circumstances - but hey! this is Coventry so they will...via Holdings for some of the stuff to do with running the club. Player contracts (or is it registrations? Lol) & the like I guess...if it's a full buy out
Grendel
Well-Known Member
I assume the negotiation is in the form of them being a creditor and getting an agreed settlement.
Given that one bidder is the main creditor I cannot see how any other buyer can get a look in.
@richh87
Member
Naming rights of the club? I don't know, I mean CCFC Ltd is the football club,despite SISU trying to cheekily move everything to holdings over the las year, so I guess the name is part of that.
SkyblueBazza
Well-Known Member
It probably will - because the best bid other than a SISU one will be conditional & Holdings have indicated they'd be willing to challenge on various things...including the GS
deanocity3
New Member
SkyblueBazza
Well-Known Member
Grendel
Well-Known Member
Mmmm do you really think sisu will not be the preferred bidder? I'd be amazed.
SkyblueBazza
Well-Known Member
If Byng is for real & his backers want that rail-link etc which is worth so much more than CCFC...you never know...
Astute
Well-Known Member
I would like to know how anyone can make a bid for our club when they can't be sure on what they are bidding for.
If it is the golden share part of the club then they will also get the players. Nobody is allowed to be in charge of football contracts if not in charge of a club. Ask West Ham.
If it is the golden share part of the club then they will also get the players. Nobody is allowed to be in charge of football contracts if not in charge of a club. Ask West Ham.
Sky blue north east
Member
My opinion and if you don't like it TOUGH!!!
Grendel
Well-Known Member
No one dislikes it they just laugh that anyone would be dumb enough to say it.
Then again.....
Sky Blue Kid
Well-Known Member
An officer of the court should be impartial, not one who makes recorded comments that are extremely heavily weighted in SISU's favour.