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Post by realtrottersforever on Jan 18, 2016 12:50:18 GMT
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Post by one2many on Jan 18, 2016 13:56:42 GMT
Our situation on the field is still winding me up though.
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Post by Deleted on Jan 18, 2016 13:56:46 GMT
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Post by andyl on Jan 18, 2016 14:00:43 GMT
This is good, I think, although HMRC's line is sinister. However it protracts the current uncertainty and limbo for 35 more days. If the team is to have any chance of catching up lost points we need takeover, investment, FFP settlement and one or two players. That is presumably not now going to happen.
That said in my opinion our goose is pretty much cooked in the league and we may be better to restart next year. Had we changed manager when his scandal broke..just maybe someone could have come in and set us up to get a few more points...but it has to be doubtful. Any manager would be working in a near impossible situation.
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Post by joanna on Jan 18, 2016 16:29:09 GMT
Finally, we agree, Andy L.
Given that Bury are facing a winding-up order too, is there any mileage in merging the two clubs into one, selling one ground etc? Keep the better manager, directors, staff and players? We might finish up with a half-decent club.....
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Post by Deleted on Jan 18, 2016 16:50:05 GMT
Finally, we agree, Andy L. Given that Bury are facing a winding-up order too, is there any mileage in merging the two clubs into one, selling one ground etc? Keep the better manager, directors, staff and players? We might finish up with a half-decent club..... is that right ? not seen anything about it in the BN having said they are slower than any other paper , when is it due ? . we could of course sell gig lane and don't they have a training ground ? , sound like a half decent idea . |
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Post by OohMac on Jan 18, 2016 17:18:58 GMT
Not heard this before? Checked BBC and nothing on it? Know they were in trouble but thought the new guy had come in and stabilised it.
Not sure the extension would do any good. We've been trying to sell for 10 weeks(actively) and think that any new owners are waiting until the clubs at its lowest before they pick up the pieces. Today may have been better with a more drastic conclusion
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Post by realtrottersforever on Jan 18, 2016 17:22:35 GMT
Finally, we agree, Andy L. Given that Bury are facing a winding-up order too, is there any mileage in merging the two clubs into one, selling one ground etc? Keep the better manager, directors, staff and players? We might finish up with a half-decent club..... They were due to go to a hearing on 15th February because they owed £156000.00 to HMRC but it would seem they have now paid off their debt and have applied to have the order annulled. They have quoted they have never been more than a month in arrears and put this down to abandonned matches in December. |
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Post by Deleted on Jan 18, 2016 17:22:33 GMT
Not heard this before? Checked BBC and nothing on it? Know they were in trouble but thought the new guy had come in and stabilised it. Not sure the extension would do any good. We've been trying to sell for 10 weeks(actively) and think that any new owners are waiting until the clubs at its lowest before they pick up the pieces. Today may have been better with a more drastic conclusion Just checked the Bury times ,seems the debt has been paid so a set aside has been applied for . |
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Post by riochforthereebok on Jan 21, 2016 10:44:05 GMT
I see that 'consortium' supposedly bringing Kev Nolan back have gone silent!!! He's now player manager at Orient
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Post by realtrottersforever on Jan 21, 2016 12:24:24 GMT
Very strange comments from "Deano" the other day when he was asked in a radio interview
The former striker, who is heading up one of the consortia looking to buy the club from Eddie Davies, was asked in a radio interview on BBC Five Live if he felt new ownership could be found before Wanderers go back to the High Court on February 22 over a £2.2million tax bill.
“Yes – I think they will,” he said. “I think it’s a fabulous football club and there are a number of reasons to stay positive.
“There are many people working behind the scenes to keep the club alive and I do believe it will stay that way, which will be tremendous for the fans.
The way he phrased it made it sound, to me at least, that maybe his consortium were no longer in the running or am i reading it wrong.
Although we shouldn't have any problems with asset strippers as at the rate we are selling stuff off we won't have any assets to strips
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Post by andyl on Jan 21, 2016 12:43:28 GMT
I think it was possible to take Deano ' s comments that his consortium was close to succeeding. A friend spoke to him at the game and apparently he seemed upbeat if simiarly non-committal
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Post by whitesince63 on Jan 21, 2016 23:00:02 GMT
Can somebody help me out here because I must be missing something really simple. Leaving aside the debt owed to ED which if reports are true he's completely writing off we seem to owe a total of around £10-12m. It costs around £1M a month to run he club so let's say for around £20-25m you can buy and run the club. However, asset wise for your £20M outlay you get a state of the art ground with a huge exhibition area largely unused, other club bars and rooms also largely unused, a top level training ground at Euxton plus academy, the other training at Lostock, a top grade hotel turning in £1M profit a year as well as saleable young players in Clough and Vela reputed to be worth touching £3M. With a ruck of high earning players shortly out of contract the £1M monthly upkeep should soon be significantly less, all positive. With all these assets for such a small outlay why has nobody come forward seriously to buy the club especially given that we have a regular if not spectacular support of 15-20k if the team does anything like ok. What am I missing, with all these assets for your money why aren't buyers queuing up for us? Something isn't right here and I can't figure out what it is.
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Post by Deleted on Jan 22, 2016 10:35:05 GMT
Can somebody help me out here because I must be missing something really simple. Leaving aside the debt owed to ED which if reports are true he's completely writing off we seem to owe a total of around £10-12m. It costs around £1M a month to run he club so let's say for around £20-25m you can buy and run the club. However, asset wise for your £20M outlay you get a state of the art ground with a huge exhibition area largely unused, other club bars and rooms also largely unused, a top level training ground at Euxton plus academy, the other training at Lostock, a top grade hotel turning in £1M profit a year as well as saleable young players in Clough and Vela reputed to be worth touching £3M. With a ruck of high earning players shortly out of contract the £1M monthly upkeep should soon be significantly less, all positive. With all these assets for such a small outlay why has nobody come forward seriously to buy the club especially given that we have a regular if not spectacular support of 15-20k if the team does anything like ok. What am I missing, with all these assets for your money why aren't buyers queuing up for us? Something isn't right here and I can't figure out what it is. It seems to be that ED is putting very strict conditions on the sale ,I don't know exactly what they are but that seems to be the stumbling block and the buyers have to show that they have the cash to complete and run the club for 12 months . |
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Post by thegrud1 on Jan 22, 2016 14:36:02 GMT
Meanwhile morale of the whole staff is plummeting.....the reputation(if we still have any) of the club is damaged...the owners look to be non commital imbeciles and the fans are totally ignored!!!
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