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

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dongonzalos

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

Well-Known Member
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

stupot07

Well-Known Member
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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stupot07

stupot07

Well-Known Member
Brylowes said:
Here we go
Click to expand...

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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JulianDarbyFTW

JulianDarbyFTW

Well-Known Member
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

Grendel

Well-Known Member
dongonzalos said:
People are still queuing up to buy championship football clubs before administration, no matter how much debt they have
Click to expand...

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

torchomatic

Well-Known Member
boat-fishing.jpg


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

Well-Known Member
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?
 
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SkyBlueCharlie

Well-Known Member
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.
Click to expand...

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

covmark

Well-Known Member
SkyBlueCharlie said:
Think Grendel has a thing going for Don cos whenever Don posts Grendel appears He must be in love.:eek:
Click to expand...
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

Sick Boy

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

italiahorse

Well-Known Member
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.

Sent from my HTC One_M8 using Tapatalk
Click to expand...

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

Grendel

Well-Known Member
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.

Sent from my HTC One_M8 using Tapatalk
Click to expand...

It's becoming embarrassing.
 
torchomatic

torchomatic

Well-Known Member
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Deleted member 5849

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

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?
 
Johnnythespider

Johnnythespider

Well-Known Member
All the clubs nobody wants to buy are in the Midlands

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Grendel

Grendel

Well-Known Member
Thread not going as the OP intended.
 
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dongonzalos

Well-Known Member
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?
 
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dongonzalos

Well-Known Member
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.

Sent from my HTC One_M8 using Tapatalk
Click to expand...

I take it Sickboy would still be here
 
stupot07

stupot07

Well-Known Member
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?
Click to expand...

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.


Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors :)
 
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dongonzalos

Well-Known Member
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.


Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors :)
Click to expand...

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

Calista

Well-Known Member
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 :(
 
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