Fit for purpose (1 Viewer)

[Deleted member 5849]

With regards to Gary’s consortium and who’s on it I doubt he has any worries about their lack of funds. For example one of them has made a pretty reasonable investment into the club recently didn’t they?

So that's one all then.

One who's made an investment, one who's a chancing loon.

There's zero evidence for the rest because we don't know, and it has to be taken on trust (no pun intended). I haven't seen any evidence Preston Haskell had the funds either... but I have seen evidence of ACL's preferred administrator casting doubt when he wanted to take over another club.

Forgive my cynicism, but a statement that I'm sure it'll all be fine has been done plenty of times before.

 

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[Captain Dart]

Preston more than had enough funds to cover a takeover at even a vastly inflated price. His old man had significantly more than him and was willing to back him too. They weren’t time wasters and were genuine but when it got down to trying to a deal they realised they couldn’t due to various factors and then backed away.

A high profile investor and owner of football clubs in this country was also interested around 18 months ago. They quickly realised they could not do a deal with who they needed to and once again backed away. This individual is ruthless but has been very successful with a proven track record.

Take from that what you will.

With regards to Gary’s consortium and who’s on it I doubt he has any worries about their lack of funds. For example one of them has made a pretty reasonable investment into the club recently didn’t they?

Blimey to don't mean Milan Mandarić do you?

 

[Nick]

Looks like Hoffman has just been promoted as well

Can't link, but if you Google Gary Hoffman it works.

 

[Deleted member 5849]

Looks like Hoffman has just been promoted as well

Can't link, but if you Google Gary Hoffman it works.

Good for him

 

[Nick]

Good for him

If you are Chairman, does that mean less work than CEO?

One for Boddy / Fisher (not a bad thing).

 

[Covstu]

The Notts County scam was backed up a multi million pound indemnity from a company. They accepted that without checking that the company issuing the indemnity didn’t have any money. Looked safe on paper.

Equally Bolton was an issue (not to the county scale) but Holdsworths consortium didn't have the financial clout to keep that going.