bigrbuk Posted July 30, 2010 Share Posted July 30, 2010 So what do you think oh wise one? I think they have the funds and are structuring their bid for a good reason. Just IMO of course Link to comment Share on other sites More sharing options...
Sonny Posted July 30, 2010 Share Posted July 30, 2010 (edited) I think they have the funds and are structuring their bid for a good reason. Just IMO of course What is this good reason you've thought of all by yourself then? Edited July 30, 2010 by Sonny Link to comment Share on other sites More sharing options...
RobHowe Posted July 30, 2010 Share Posted July 30, 2010 Thats under the assumption that there is a long term... I'll take a long term future of scratching around the lower leagues than selling the soul and control of the club to a bunch of unprofessional individuals who, as Grandad quite rightly pointed out yesterday, don't give a throw about the club. Act in haste, repent at leisure. Link to comment Share on other sites More sharing options...
Sam779 Posted July 30, 2010 Share Posted July 30, 2010 What do Cloud9 have to gain from taking us (and our debts) over, then putting us in administration? Link to comment Share on other sites More sharing options...
senwar Posted July 30, 2010 Share Posted July 30, 2010 I see where your coming from but would you consider not paying the taxman and dragging our name through the mud in public and then having to sell our best player, after stating we don't need to sell! - unprofessional and embarrassing I don't dispute what our current incumbents are like. However - frying pan/fire? I mean drumming up support on Facebook? Come on Link to comment Share on other sites More sharing options...
RobHowe Posted July 30, 2010 Share Posted July 30, 2010 they are trawling the streets for nickles and dimes? Link to comment Share on other sites More sharing options...
vontemp Posted July 30, 2010 Share Posted July 30, 2010 Heard from a very good source this deal looks set to be sealed, also LS to return *****shudders***** Link to comment Share on other sites More sharing options...
Guest BirdonaMaguire Posted July 30, 2010 Share Posted July 30, 2010 I think they have the funds and are structuring their bid for a good reason. Just IMO of course More ambigious statements, if you know summat then share it, personally i'm past caring now, there's nowt I can do but sit and watch, it hurts me that we have fans sniping at each other and we are set to be "taken over" by a company who's record in Sports management matches mine You must have been up all night then? Sorry Simon, I don't get you? Link to comment Share on other sites More sharing options...
RobHowe Posted July 30, 2010 Share Posted July 30, 2010 What is this good reason you've thought of all by yourself then? Link to comment Share on other sites More sharing options...
Dark$ide Posted July 30, 2010 Share Posted July 30, 2010 I know we are now desperate. The tax saga indicates that it will be hand to mouth all season. But the numbers being talked about still do not make sense. Remember that in 1997, Charterhouse effectively gave the club £18m. That got spent and within 5 years we were another £23m in debt. That was £41m gone. There are some noughts missing in the figures I see to make this a proper way forward. Not really we got relegated the same season ITV digitial went boobies up. That had the most effect on us out of any club due tot he stipud wages we were paying on contracts that didn't have relegation clauses in them.. Link to comment Share on other sites More sharing options...
bigrbuk Posted July 30, 2010 Share Posted July 30, 2010 What is this good reason you've thought of all by yourself then? Perhaps adding the £2m at a later date ensures it can be channelled into the footballing side of things, instead of a proportion of it paying off loans? I'm no financial whizz and have never taken over a company, I'm sure there are accountants/businessmen on here that could tell us if this could be how it would work? Link to comment Share on other sites More sharing options...
Russy Posted July 30, 2010 Share Posted July 30, 2010 Heard from a very good source this deal looks set to be sealed, also LS to return I'd be gutted if LS returns. As much as he did good for the club, he also seemed to lose the plot under the pressure by the end. Link to comment Share on other sites More sharing options...
RobHowe Posted July 30, 2010 Share Posted July 30, 2010 I don't dispute what our current incumbents are like. However - frying pan/fire? I mean drumming up support on Facebook? Come on "Fit and Proper" Link to comment Share on other sites More sharing options...
RobHowe Posted July 30, 2010 Share Posted July 30, 2010 Perhaps adding the £2m at a later date ensures it can be channelled into the footballing side of things, instead of a proportion of it paying off loans? I'm no financial whizz and have never taken over a company, I'm sure there are accountants/businessmen on here that could tell us if this could be how it would work? Do they have this additional £2million? Or are they relying on other sources still to be found? Link to comment Share on other sites More sharing options...
Doctor Duran Posted July 30, 2010 Share Posted July 30, 2010 I'd be gutted if LS returns. As much as he did good for the club, he also seemed to lose the plot under the pressure by the end. Also DH being the person he is.. how would this work between them, I'm sure DH would want the chairmanship role.. who as an avid Wednesdayite would not. also would this spell the end for Nick Parker ? Link to comment Share on other sites More sharing options...
theowlsman Posted July 30, 2010 Share Posted July 30, 2010 If there's an agreement with the bank to reduce debts to a more manageable level anyhow, I can't see the point of C9S taking us into admin to be honest. And as for previous suggestions about asset stripping, who gains from that? I thought the bank as main creditor have first dibs, or have I got that wrong aswell? Oh well, sod it, time for work Link to comment Share on other sites More sharing options...
bigrbuk Posted July 30, 2010 Share Posted July 30, 2010 More ambigious statements, if you know summat then share it, personally i'm past caring now, there's nowt I can do but sit and watch, it hurts me that we have fans sniping at each other and we are set to be "taken over" by a company who's record in Sports management matches mine Can't I have an opinion any more? What is NP's background? Link to comment Share on other sites More sharing options...
Furious George Posted July 30, 2010 Share Posted July 30, 2010 "Fit and Proper" To be fair, the current incumbents think Facebook is a term used when BG is looking at the accounts. Link to comment Share on other sites More sharing options...
DesWalker Posted July 30, 2010 Share Posted July 30, 2010 If they have proof of funds and can guarantee the influx of cash and are supported by the bank then it may be difficult for the club to ignore. The fact that they are ignoring them anyway is bad business practice and seems quite arrogant in my opinion. Its the same pigheadedness that got us into this mess in the first place and was epitomised in the whole Di Canio affair. I'm not sure about CS9, but I'm not dead against them either, especially if Hobson is involved. I think we need a change otherwise were either going into admin or treading water. Unless there are serious investors (other than all this alleged flirting that goes on for months on end) then at least some fresh cash and new ideas could be a good thing. I doubt theyd invest 3m quid and then take us into admin surely? Good post - Exactly my feelings as well. Link to comment Share on other sites More sharing options...
bigrbuk Posted July 30, 2010 Share Posted July 30, 2010 Do they have this additional £2million? Or are they relying on other sources still to be found? As far as I'm aware, they have the £2m Link to comment Share on other sites More sharing options...
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