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Ghost of Clough

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  1. Like
    Ghost of Clough got a reaction from Crewton in New signings, who will be first...and next?   
    The important thing for me is he's predominantly left sided so will bring greater balance to the team, since our other options prefer the right (or middle).
  2. COYR
    Ghost of Clough got a reaction from Mimester in Max Bird   
    Sensible decision. Probably a sign that he'll be captaining us to the Championship title next season.
  3. Like
    Ghost of Clough got a reaction from EtoileSportiveDeDerby in Max Bird   
    Sensible decision. Probably a sign that he'll be captaining us to the Championship title next season.
  4. COYR
    Ghost of Clough got a reaction from uttoxram75 in Max Bird   
    Sensible decision. Probably a sign that he'll be captaining us to the Championship title next season.
  5. Cheers
    Ghost of Clough got a reaction from Tyler Durden in Kirchner- A risk or a potential reward   
    No, you were proven right to have your concerns. Your justification was off though.
    You say Kirchner's bid wasn't credible because he was buying a club with only 5 players for £28m. Yet Clowes just bought the club for the same amount. You have no idea what arrangement was in place between Kirchner and Clowes regarding the Stadium. It's more than feasible to say Kirchner was going to buy the stadium for £30m once we're back in the PL.
    You say Kirchner's bid had red flags all over it without actually having the evidence to look at. The administratiors, the EFL, TripleS, and Clowes were all convinced he was legit based on the actual evidence provided to them. Goldman Sachs also invested $60m in Slyncio and wer convinced he was legit. He bought a jet worth $15m...
    What a nonsense analogy. There's a very large list of clubs who pay rent for their stadium.
    A better analogy would be owning a franchise to sell Subway sandwiches. The franchise itself is pretty much worthless without a place to sell food. But, rent somewhere to sell them and suddenly it's a a much better deal. Of course, you could buy a place instead to save on the amount you're paying out on rent, but it's a decent chunk of money to pay upfront.
    Our previous rent of £1.1m, which would be reasonable for a £23m property. An investor could do what they do... invest the remaining £21.9m in something else. They'd only need a 5% return to effectively use the stadium at zero net cost whilst paying nothing upfront. 
    Andy Appleby who struggled to get the investors to raise the cash in the first place, then still bid lower than Kirchner AND Clowes...
  6. Like
    Ghost of Clough got a reaction from LazloW in Kirchner- A risk or a potential reward   
    No, you were proven right to have your concerns. Your justification was off though.
    You say Kirchner's bid wasn't credible because he was buying a club with only 5 players for £28m. Yet Clowes just bought the club for the same amount. You have no idea what arrangement was in place between Kirchner and Clowes regarding the Stadium. It's more than feasible to say Kirchner was going to buy the stadium for £30m once we're back in the PL.
    You say Kirchner's bid had red flags all over it without actually having the evidence to look at. The administratiors, the EFL, TripleS, and Clowes were all convinced he was legit based on the actual evidence provided to them. Goldman Sachs also invested $60m in Slyncio and wer convinced he was legit. He bought a jet worth $15m...
    What a nonsense analogy. There's a very large list of clubs who pay rent for their stadium.
    A better analogy would be owning a franchise to sell Subway sandwiches. The franchise itself is pretty much worthless without a place to sell food. But, rent somewhere to sell them and suddenly it's a a much better deal. Of course, you could buy a place instead to save on the amount you're paying out on rent, but it's a decent chunk of money to pay upfront.
    Our previous rent of £1.1m, which would be reasonable for a £23m property. An investor could do what they do... invest the remaining £21.9m in something else. They'd only need a 5% return to effectively use the stadium at zero net cost whilst paying nothing upfront. 
    Andy Appleby who struggled to get the investors to raise the cash in the first place, then still bid lower than Kirchner AND Clowes...
  7. Clap
    Ghost of Clough got a reaction from ck- in Kirchner- A risk or a potential reward   
    The administrators are legally obliged to accept the best offer for the creditors. The evidence presented to them (the EFL, and other parties) must have shown he had the money. The latest article from Forbes somewhat hints at why the money got held up.
    As I told you several times in the past, the financial difference between 25% and 35% was only about £1m. An investor would have been better off investing Y2 and Y3 money into something else and cash in on those investments when Y2 and Y3 instalments were due. They would have made more than just £1m in interest off those investments.
    And you rightfully got slated by my for the exact reasons I gave.
    Let's not forget well regarded administrators have come out and said they wouldn't have dared touched this case due to the complexities. Sure, Q could have done some things better (a lot better?), but still managed to get us out of admin in around 282 days.
    Wigan, with much lower debt and many more saleable assets took 272 days (and several PBs), yet didn't come under anywhere near as much ridicule.
    Portsmouth were in admin for 427 days (2012-2013). Trevor Birch was the administrator for that one.
  8. Like
    Ghost of Clough got a reaction from jono in Max Bird   
    Sensible decision. Probably a sign that he'll be captaining us to the Championship title next season.
  9. Clap
    Ghost of Clough got a reaction from Chester40 in Kirchner- A risk or a potential reward   
    No, you were proven right to have your concerns. Your justification was off though.
    You say Kirchner's bid wasn't credible because he was buying a club with only 5 players for £28m. Yet Clowes just bought the club for the same amount. You have no idea what arrangement was in place between Kirchner and Clowes regarding the Stadium. It's more than feasible to say Kirchner was going to buy the stadium for £30m once we're back in the PL.
    You say Kirchner's bid had red flags all over it without actually having the evidence to look at. The administratiors, the EFL, TripleS, and Clowes were all convinced he was legit based on the actual evidence provided to them. Goldman Sachs also invested $60m in Slyncio and wer convinced he was legit. He bought a jet worth $15m...
    What a nonsense analogy. There's a very large list of clubs who pay rent for their stadium.
    A better analogy would be owning a franchise to sell Subway sandwiches. The franchise itself is pretty much worthless without a place to sell food. But, rent somewhere to sell them and suddenly it's a a much better deal. Of course, you could buy a place instead to save on the amount you're paying out on rent, but it's a decent chunk of money to pay upfront.
    Our previous rent of £1.1m, which would be reasonable for a £23m property. An investor could do what they do... invest the remaining £21.9m in something else. They'd only need a 5% return to effectively use the stadium at zero net cost whilst paying nothing upfront. 
    Andy Appleby who struggled to get the investors to raise the cash in the first place, then still bid lower than Kirchner AND Clowes...
  10. Like
    Ghost of Clough got a reaction from LazloW in Kirchner- A risk or a potential reward   
    The administrators are legally obliged to accept the best offer for the creditors. The evidence presented to them (the EFL, and other parties) must have shown he had the money. The latest article from Forbes somewhat hints at why the money got held up.
    As I told you several times in the past, the financial difference between 25% and 35% was only about £1m. An investor would have been better off investing Y2 and Y3 money into something else and cash in on those investments when Y2 and Y3 instalments were due. They would have made more than just £1m in interest off those investments.
    And you rightfully got slated by my for the exact reasons I gave.
    Let's not forget well regarded administrators have come out and said they wouldn't have dared touched this case due to the complexities. Sure, Q could have done some things better (a lot better?), but still managed to get us out of admin in around 282 days.
    Wigan, with much lower debt and many more saleable assets took 272 days (and several PBs), yet didn't come under anywhere near as much ridicule.
    Portsmouth were in admin for 427 days (2012-2013). Trevor Birch was the administrator for that one.
  11. COYR
    Ghost of Clough got a reaction from Comrade 86 in Max Bird   
    Sensible decision. Probably a sign that he'll be captaining us to the Championship title next season.
  12. COYR
    Ghost of Clough got a reaction from Zag zig in Max Bird   
    Sensible decision. Probably a sign that he'll be captaining us to the Championship title next season.
  13. COYR
    Ghost of Clough got a reaction from Crewton in Max Bird   
    Sensible decision. Probably a sign that he'll be captaining us to the Championship title next season.
  14. Cheers
    Ghost of Clough got a reaction from Ram-Alf in Kirchner- A risk or a potential reward   
    That's not what I remember
    PNE set the price. Kirchner on further investigation saw a plot of land a million miles away which was of no use to the club. Kirchner reduced his offer on the basis that plot of land was excluded.
  15. COYR
    Ghost of Clough got a reaction from Nishfan in Max Bird   
    Sensible decision. Probably a sign that he'll be captaining us to the Championship title next season.
  16. COYR
    Ghost of Clough got a reaction from PistoldPete in Max Bird   
    Sensible decision. Probably a sign that he'll be captaining us to the Championship title next season.
  17. Clap
    Ghost of Clough got a reaction from duncanjwitham in Kirchner- A risk or a potential reward   
    You're claiming the administrators saw an amount of £1.6m enter the bank account, didn't question where it came from, then used that money to pay the wages? ?
  18. Clap
    Ghost of Clough got a reaction from LeedsCityRam in Max Bird   
    Sensible decision. Probably a sign that he'll be captaining us to the Championship title next season.
  19. COYR
    Ghost of Clough reacted to JuanFloEvraTheCocu'sNesta in Max Bird   
    Rosenior has made Bird vice-captain. He's going nowhere.
  20. Clap
    Ghost of Clough got a reaction from FlyBritishMidland in Kirchner- A risk or a potential reward   
    The administrators are legally obliged to accept the best offer for the creditors. The evidence presented to them (the EFL, and other parties) must have shown he had the money. The latest article from Forbes somewhat hints at why the money got held up.
    As I told you several times in the past, the financial difference between 25% and 35% was only about £1m. An investor would have been better off investing Y2 and Y3 money into something else and cash in on those investments when Y2 and Y3 instalments were due. They would have made more than just £1m in interest off those investments.
    And you rightfully got slated by my for the exact reasons I gave.
    Let's not forget well regarded administrators have come out and said they wouldn't have dared touched this case due to the complexities. Sure, Q could have done some things better (a lot better?), but still managed to get us out of admin in around 282 days.
    Wigan, with much lower debt and many more saleable assets took 272 days (and several PBs), yet didn't come under anywhere near as much ridicule.
    Portsmouth were in admin for 427 days (2012-2013). Trevor Birch was the administrator for that one.
  21. Clap
    Ghost of Clough got a reaction from FlyBritishMidland in Kirchner- A risk or a potential reward   
    No, you were proven right to have your concerns. Your justification was off though.
    You say Kirchner's bid wasn't credible because he was buying a club with only 5 players for £28m. Yet Clowes just bought the club for the same amount. You have no idea what arrangement was in place between Kirchner and Clowes regarding the Stadium. It's more than feasible to say Kirchner was going to buy the stadium for £30m once we're back in the PL.
    You say Kirchner's bid had red flags all over it without actually having the evidence to look at. The administratiors, the EFL, TripleS, and Clowes were all convinced he was legit based on the actual evidence provided to them. Goldman Sachs also invested $60m in Slyncio and wer convinced he was legit. He bought a jet worth $15m...
    What a nonsense analogy. There's a very large list of clubs who pay rent for their stadium.
    A better analogy would be owning a franchise to sell Subway sandwiches. The franchise itself is pretty much worthless without a place to sell food. But, rent somewhere to sell them and suddenly it's a a much better deal. Of course, you could buy a place instead to save on the amount you're paying out on rent, but it's a decent chunk of money to pay upfront.
    Our previous rent of £1.1m, which would be reasonable for a £23m property. An investor could do what they do... invest the remaining £21.9m in something else. They'd only need a 5% return to effectively use the stadium at zero net cost whilst paying nothing upfront. 
    Andy Appleby who struggled to get the investors to raise the cash in the first place, then still bid lower than Kirchner AND Clowes...
  22. Clap
    Ghost of Clough got a reaction from angieram in Kirchner- A risk or a potential reward   
    The administrators are legally obliged to accept the best offer for the creditors. The evidence presented to them (the EFL, and other parties) must have shown he had the money. The latest article from Forbes somewhat hints at why the money got held up.
    As I told you several times in the past, the financial difference between 25% and 35% was only about £1m. An investor would have been better off investing Y2 and Y3 money into something else and cash in on those investments when Y2 and Y3 instalments were due. They would have made more than just £1m in interest off those investments.
    And you rightfully got slated by my for the exact reasons I gave.
    Let's not forget well regarded administrators have come out and said they wouldn't have dared touched this case due to the complexities. Sure, Q could have done some things better (a lot better?), but still managed to get us out of admin in around 282 days.
    Wigan, with much lower debt and many more saleable assets took 272 days (and several PBs), yet didn't come under anywhere near as much ridicule.
    Portsmouth were in admin for 427 days (2012-2013). Trevor Birch was the administrator for that one.
  23. Like
    Ghost of Clough got a reaction from Mostyn6 in Kirchner- A risk or a potential reward   
    The administrators are legally obliged to accept the best offer for the creditors. The evidence presented to them (the EFL, and other parties) must have shown he had the money. The latest article from Forbes somewhat hints at why the money got held up.
    As I told you several times in the past, the financial difference between 25% and 35% was only about £1m. An investor would have been better off investing Y2 and Y3 money into something else and cash in on those investments when Y2 and Y3 instalments were due. They would have made more than just £1m in interest off those investments.
    And you rightfully got slated by my for the exact reasons I gave.
    Let's not forget well regarded administrators have come out and said they wouldn't have dared touched this case due to the complexities. Sure, Q could have done some things better (a lot better?), but still managed to get us out of admin in around 282 days.
    Wigan, with much lower debt and many more saleable assets took 272 days (and several PBs), yet didn't come under anywhere near as much ridicule.
    Portsmouth were in admin for 427 days (2012-2013). Trevor Birch was the administrator for that one.
  24. Like
    Ghost of Clough got a reaction from Crewton in Kirchner- A risk or a potential reward   
    No, you were proven right to have your concerns. Your justification was off though.
    You say Kirchner's bid wasn't credible because he was buying a club with only 5 players for £28m. Yet Clowes just bought the club for the same amount. You have no idea what arrangement was in place between Kirchner and Clowes regarding the Stadium. It's more than feasible to say Kirchner was going to buy the stadium for £30m once we're back in the PL.
    You say Kirchner's bid had red flags all over it without actually having the evidence to look at. The administratiors, the EFL, TripleS, and Clowes were all convinced he was legit based on the actual evidence provided to them. Goldman Sachs also invested $60m in Slyncio and wer convinced he was legit. He bought a jet worth $15m...
    What a nonsense analogy. There's a very large list of clubs who pay rent for their stadium.
    A better analogy would be owning a franchise to sell Subway sandwiches. The franchise itself is pretty much worthless without a place to sell food. But, rent somewhere to sell them and suddenly it's a a much better deal. Of course, you could buy a place instead to save on the amount you're paying out on rent, but it's a decent chunk of money to pay upfront.
    Our previous rent of £1.1m, which would be reasonable for a £23m property. An investor could do what they do... invest the remaining £21.9m in something else. They'd only need a 5% return to effectively use the stadium at zero net cost whilst paying nothing upfront. 
    Andy Appleby who struggled to get the investors to raise the cash in the first place, then still bid lower than Kirchner AND Clowes...
  25. Clap
    Ghost of Clough got a reaction from Mihangel in Kirchner- A risk or a potential reward   
    The administrators are legally obliged to accept the best offer for the creditors. The evidence presented to them (the EFL, and other parties) must have shown he had the money. The latest article from Forbes somewhat hints at why the money got held up.
    As I told you several times in the past, the financial difference between 25% and 35% was only about £1m. An investor would have been better off investing Y2 and Y3 money into something else and cash in on those investments when Y2 and Y3 instalments were due. They would have made more than just £1m in interest off those investments.
    And you rightfully got slated by my for the exact reasons I gave.
    Let's not forget well regarded administrators have come out and said they wouldn't have dared touched this case due to the complexities. Sure, Q could have done some things better (a lot better?), but still managed to get us out of admin in around 282 days.
    Wigan, with much lower debt and many more saleable assets took 272 days (and several PBs), yet didn't come under anywhere near as much ridicule.
    Portsmouth were in admin for 427 days (2012-2013). Trevor Birch was the administrator for that one.
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