duncanjwitham

Sort of, sort of not.
There was always going to be a void of information filled with conspiracy theories and horse manure, regardless of what Quantuma said or did.
A lot of the criticism of them is based on said horse manure being repeated so many times over that it's become 'truth'; the reality of the situation and any number of mitigating circumstances ignored or forgotten a little bit more with each repetition.
The communication was fine up until people started thinking they had a right to know everything that was going on, even though they absolutely did not have that right, nor were people in possession of that information allowed to reveal it.
There was a constant demand for updates when there was nothing to update, followed by complaints that any updated told them nothing (well, duh).
In an ever-evolving situation where any answer can be out of date 10 minutes after it's left someone's mouth, there was a never-ending demand to know the current plans and timescales.
Any answer received immediately became an absolute deadline to hold people to, to use as ammo against them even though the info may have been 100% true at the time, even if the plans in place at that moment went on to be scuppered by external forces.
People were seeing the press leak things from 'sources' and then getting annoyed because the press were telling the fans things the administrators weren't, showing a complete lack of respect for or understanding of NDAs.
People's frustrations were causing them to believe every bad bit of agenda heavy PR put out against the administrators, who didn't really have much of a right of reply.  If they did attempt to defend themselves they were either ignored or slagged off for 'passing the buck' or even worse 'threatening' the fans (nonsense!)
 
It's all got a bit out of hand, with people egging each other on and/or winding each other up, sometimes trying to come up with the most inventive way of slag off their chosen 'enemy'  to gain a round of applause and laughing reactions, mostly trotting out banal and quite pathetic re-quotes about things moving quickly, imminently, etc. Low hanging fruit.
I don't really blame Quantuma for becoming more and more aloof as time has passed on, I can understand fully why their attitude toward fans may have turned to one of disdain, but this itself only leads to further ill-feeling
....it's quite the situation, and I'd suggest a pretty much unwinnable one from the administrators point of view.

Friday for the Rosenior interview presumably, not the takeover?

Friday for the Rosenior interview presumably, not the takeover?

"Hi Liam, it's Quantuma here, do you happen to have a spare £45m lying around, you know, just in case..."

"Hi Liam, it's Quantuma here, do you happen to have a spare £45m lying around, you know, just in case..."

"Hi Liam, it's Quantuma here, do you happen to have a spare £45m lying around, you know, just in case..."

"Hi Liam, it's Quantuma here, do you happen to have a spare £45m lying around, you know, just in case..."

"Hi Liam, it's Quantuma here, do you happen to have a spare £45m lying around, you know, just in case..."

As others have said I’m keen to move on from discussing Kirchner at length, but I do think those that are keen to bash Quantuma at every opportunity seem to ignore this key point. They weren’t alone in being convinced/fooled by CK; Cook and Stretford were backing him, two experienced football people. Rooney bought into it, likely on his agent’s advice. As well as those in charge at Preston as he got to a point in pursuing ownership there (without Quantuma’s involvement) and not forgetting the EFL also who approved it all and saw proof of funds.
It’s either that he was genuine and something changed last minute or he was very good at hoodwinking a lot of people. Whatever the situation was, it’s done, nothing now will change that.
I’ve said it before, once this takeover is done and if the full facts are shared leading to proof that Quantuma failed in their duties then they should be punished accordingly. They’ve not met our expectations as administrators, they’ve let us down with timeframes, false promises, and ultimately the squad/club was weakened on their watch. But this situation has always been a complex mess with multiple “villains” contributing throughout. The club looks like it’s going to be saved and creditors paid which is what Q we’re appointed to do; I know lots of people hold grudges and still want their pound of flesh, but for me I’m just keen to focus on today and the future, supporting the club and the team on the pitch. ? 

We don't actually know how much of the Kirchner process has just transferred over.  Obviously the stadium work was all done while Kirchner was involved, but it could easily be the case that the agreements with creditors, and a bunch of other stuff, are all just being transferred over too - Clowes has effectively just swooped in and signed the cheque that Kirchner couldn't.  

We don't actually know how much of the Kirchner process has just transferred over.  Obviously the stadium work was all done while Kirchner was involved, but it could easily be the case that the agreements with creditors, and a bunch of other stuff, are all just being transferred over too - Clowes has effectively just swooped in and signed the cheque that Kirchner couldn't.  

Maybe that's the case, but it's basically the same thing - I still think he was genuinely intending to buy the club, and at the last minute he either couldn't get the money over here or changed his mind.  I think certainly if it's the later, you can't attach that much blame to Quantuma, because you can't legislate for people just randomly changing their minds.  Presumably that was the point of the non-refundable deposit, but you have to assume that none of the bidders were willing to pay it, since it was dropped.
He's getting all that celebrity stuff from his Slync golf trips though.  He must have spent a significant amount of money failing to buy us, and the only celebrity stuff he's had is a couple of appearances at Pride Park and few private chats with Wayne Rooney.

We don't actually know how much of the Kirchner process has just transferred over.  Obviously the stadium work was all done while Kirchner was involved, but it could easily be the case that the agreements with creditors, and a bunch of other stuff, are all just being transferred over too - Clowes has effectively just swooped in and signed the cheque that Kirchner couldn't.  

I agree that Quantuma felt Kirchner was basically it, especially if they had had no other viable bids made at that stage (6 months+ into the process).  And it absolutely made sense to give him as much chance as possible to complete the deal.   But I still don't see how it makes sense for Kirchner to be a proper chancer.  I just don't get what's in it for him.  The only thing that makes any sense for me, is that he did intend to buy the club, but either he genuinely had problems transferring the money over or got cold feet at the last minute.  He's convinced so many people that he was genuine (Quantuma, the EFL, Cook, Rooney, Stretford, Preston and so on), burned through a load of his own cash and trashed his reputation over here, for seemingly no gain at all.

I agree that Quantuma felt Kirchner was basically it, especially if they had had no other viable bids made at that stage (6 months+ into the process).  And it absolutely made sense to give him as much chance as possible to complete the deal.   But I still don't see how it makes sense for Kirchner to be a proper chancer.  I just don't get what's in it for him.  The only thing that makes any sense for me, is that he did intend to buy the club, but either he genuinely had problems transferring the money over or got cold feet at the last minute.  He's convinced so many people that he was genuine (Quantuma, the EFL, Cook, Rooney, Stretford, Preston and so on), burned through a load of his own cash and trashed his reputation over here, for seemingly no gain at all.

We don't actually know how much of the Kirchner process has just transferred over.  Obviously the stadium work was all done while Kirchner was involved, but it could easily be the case that the agreements with creditors, and a bunch of other stuff, are all just being transferred over too - Clowes has effectively just swooped in and signed the cheque that Kirchner couldn't.  

I was willing to tolerate it until you put a Theresa May GIF in close proximity to my name tbh...

I agree that Quantuma felt Kirchner was basically it, especially if they had had no other viable bids made at that stage (6 months+ into the process).  And it absolutely made sense to give him as much chance as possible to complete the deal.   But I still don't see how it makes sense for Kirchner to be a proper chancer.  I just don't get what's in it for him.  The only thing that makes any sense for me, is that he did intend to buy the club, but either he genuinely had problems transferring the money over or got cold feet at the last minute.  He's convinced so many people that he was genuine (Quantuma, the EFL, Cook, Rooney, Stretford, Preston and so on), burned through a load of his own cash and trashed his reputation over here, for seemingly no gain at all.

I was willing to tolerate it until you put a Theresa May GIF in close proximity to my name tbh...

Whoever is responsible, they’re factually wrong.  25%, all paid up front, also avoids any points deductions.  It’s only if you are below that (and also below the 35%/3 years) that you get penalised.

Whoever is responsible, they’re factually wrong.  25%, all paid up front, also avoids any points deductions.  It’s only if you are below that (and also below the 35%/3 years) that you get penalised.

I was willing to tolerate it until you put a Theresa May GIF in close proximity to my name tbh...

The number of shares is entirely discretionary. Could issue 1 share for 50m or 50m shares for £1
You're spot on that the reason for issuing more is to make it easy for dc to add investors in the future - he just flogs them a portion of his holding.
The other route makes it much more difficult for dc to get any of his money back out of the club as he would have to issue a new share class then either repay directors loans on his shares, or declare divis either of which would be a ball ache.... ?

I was willing to tolerate it until you put a Theresa May GIF in close proximity to my name tbh...

I was willing to tolerate it until you put a Theresa May GIF in close proximity to my name tbh...