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Gaspode got a reaction from RipleyRich in The Administration Thread
Because they'd be foolish not to while there is still a good chance that there will be no deal....
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Gaspode got a reaction from RoyMac5 in The Administration Thread
Because they'd be foolish not to while there is still a good chance that there will be no deal....
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Gaspode got a reaction from Curtains in The Administration Thread
Because they'd be foolish not to while there is still a good chance that there will be no deal....
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Gaspode reacted to BramcoteRam84 in The Administration Thread
Just need @RipleyRich to come and piss on our chips now
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Gaspode got a reaction from Ram-Alf in The Administration Thread
This is true - but if Q and Ashley had an agreement in place and then Q reduced our value without his prior agreement , you can understanding him pulling the plug on any deal - and you can also understand why he'd not want to pay Qs fees from that point onwards if he belives their actions caused the deal to collapse......
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Gaspode got a reaction from Sparkle in The Administration Thread
This is true - but if Q and Ashley had an agreement in place and then Q reduced our value without his prior agreement , you can understanding him pulling the plug on any deal - and you can also understand why he'd not want to pay Qs fees from that point onwards if he belives their actions caused the deal to collapse......
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Gaspode got a reaction from Mucker1884 in The Administration Thread
Would that be a new tattoo or an exisiting one?
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Gaspode got a reaction from Gritstone Tup in The Administration Thread
The bidders will all think the club is worth very little (that's reality). The point I'm trying to make is there ARE minimum amounts to meet each of the scenarios that get us out of administration as a going concern - Q know this and could quite easily set these out - that's not not being disingenuous or breaching their commitments to the creditors, it's simply being realistic about the situation the club is in....without it, we will probably find that any/all bids fall well short of the amount needed to avoid liquidation (as you say, what the bidders "think the club is worth") - that helps no-one as it leaves Q to either keep negotiating or for them to pull the plug....
Ultimately Q want a sale because that is best for the creditors AND for the club AND themselves. We won't get a sale if the bidders offers are too low - and if Q simply keep going back and asking for a bit more, it will drag on for months with the actual value of the club getting lower by the day. It needs pragmatism to resolve the situation, not long-winded negotiation....
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Gaspode got a reaction from EnigmaRam in The Administration Thread
Something has to be done to focus a few minds on the bigger picture here - seems some of the rich folk are still looking for a cut-price deal.....
Can it really be so hard for Q to set out the minimum amount that needs to be paid to meet each of the scenarios (2 years, 3 years, -15 points) and then set a deadline when the amount the potential buyers need to have submitted their final and best bid - whoever bids the largest amount wins. If no-one meets the lowest price (-15 points), then Q will begin liquidation proceedings. The alternative is that this farce staggers on for many more months with the occassional drip-feed of cash to pay the wages.....
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Gaspode got a reaction from jimtastic56 in The Administration Thread
Something has to be done to focus a few minds on the bigger picture here - seems some of the rich folk are still looking for a cut-price deal.....
Can it really be so hard for Q to set out the minimum amount that needs to be paid to meet each of the scenarios (2 years, 3 years, -15 points) and then set a deadline when the amount the potential buyers need to have submitted their final and best bid - whoever bids the largest amount wins. If no-one meets the lowest price (-15 points), then Q will begin liquidation proceedings. The alternative is that this farce staggers on for many more months with the occassional drip-feed of cash to pay the wages.....
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Gaspode got a reaction from S8TY in The Administration Thread
Something has to be done to focus a few minds on the bigger picture here - seems some of the rich folk are still looking for a cut-price deal.....
Can it really be so hard for Q to set out the minimum amount that needs to be paid to meet each of the scenarios (2 years, 3 years, -15 points) and then set a deadline when the amount the potential buyers need to have submitted their final and best bid - whoever bids the largest amount wins. If no-one meets the lowest price (-15 points), then Q will begin liquidation proceedings. The alternative is that this farce staggers on for many more months with the occassional drip-feed of cash to pay the wages.....
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Gaspode got a reaction from maxjam in The Administration Thread
Would that be a new tattoo or an exisiting one?
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Gaspode got a reaction from Boycie in The Administration Thread
Would that be a new tattoo or an exisiting one?
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Gaspode got a reaction from Zag zig in World of crypto
It means you need some athlete’s foot cream….
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Gaspode got a reaction from Indyram in The Administration Thread
I'm now at the point where I don't want any more 'news'/rumours/supposed leaks - I just want a definitive statement saying a buyer is in place and that things are finally moving....
As for Birch/the EFL - clearly just a case of trying to put anyone other than themselves in the cross-hairs if it all goes tits-up. Why would anyone agree to share info with them when they leak like a sieve? - any confidential info passed to them will be on Nixon's twitter feed before the phone call has completed.....utterly detestable organisation.
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Gaspode got a reaction from Ram-Alf in The Administration Thread
I'm now at the point where I don't want any more 'news'/rumours/supposed leaks - I just want a definitive statement saying a buyer is in place and that things are finally moving....
As for Birch/the EFL - clearly just a case of trying to put anyone other than themselves in the cross-hairs if it all goes tits-up. Why would anyone agree to share info with them when they leak like a sieve? - any confidential info passed to them will be on Nixon's twitter feed before the phone call has completed.....utterly detestable organisation.
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Gaspode got a reaction from Turnstile in The Administration Thread
So your main issue is with Ashley potentially screwing the creditors, but you don’t mind if other buyers do the same? Appleby or Morgan (or whoever) won’t be dishing out more money than they absolutely need to - and don’t forget that CK was only basing his bid on the minimum needed to avoid a points deduction, not because he felt particularly benevolent towards the creditors.
Seems you just don’t want Ashley - but it’s probably better to just state that rather than make out his approach to buying us will be any different to anyone else - as far as his practices as a club owner, we’re a completely different proposition to Newcastle - no-one (possibly not even Ashley himself) knows how he will look to run the Rams…..
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Gaspode got a reaction from Turnstile in The Administration Thread
Of course he will - and I honestly expect any buyer to do similar. It’s a strange concept that the new owner should be liable for the debts incurred by the old owner.
Morris overspent yet gets to watch the new owner pick up a big chunk of the tab. Not entirely sure how he can sleep at night having screwed over so many people/organisations and potentially destroyed the club he claimed to love…..
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Gaspode got a reaction from Turnstile in The Administration Thread
It's not Ashley's fault that the businesses are owed money - that blame lies with Morris......
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Gaspode got a reaction from RAM1966 in The Administration Thread
So your main issue is with Ashley potentially screwing the creditors, but you don’t mind if other buyers do the same? Appleby or Morgan (or whoever) won’t be dishing out more money than they absolutely need to - and don’t forget that CK was only basing his bid on the minimum needed to avoid a points deduction, not because he felt particularly benevolent towards the creditors.
Seems you just don’t want Ashley - but it’s probably better to just state that rather than make out his approach to buying us will be any different to anyone else - as far as his practices as a club owner, we’re a completely different proposition to Newcastle - no-one (possibly not even Ashley himself) knows how he will look to run the Rams…..
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Gaspode got a reaction from RAM1966 in The Administration Thread
Of course he will - and I honestly expect any buyer to do similar. It’s a strange concept that the new owner should be liable for the debts incurred by the old owner.
Morris overspent yet gets to watch the new owner pick up a big chunk of the tab. Not entirely sure how he can sleep at night having screwed over so many people/organisations and potentially destroyed the club he claimed to love…..