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atherstoneram

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Posts posted by atherstoneram

  1. 7 hours ago, Bubbles said:

    So, Mike Ashley announced by end of next week, allowing us to extend contracts, and potentially bring in free agents (up to the EFL)

    Happy. very happy.

    And to those who are sceptical about Ashley, he’s only going to invest to get profit on us, and the only way realistically to get a profit is to turn us into a debt-free, sustainable Premier League club.

    Again, Very happy.

    Being named as preferred bidder doesn't alter anything,they still have to satisfy the EFL and come to an agreement with a business plan regarding exiting administration. The administrators are still in charge until someone is actually named as the owner of the club.

  2. 3 hours ago, MackworthRamIsGod said:

    There could be another more positive possibility.

    The interested parties have clearly placed their bids already, the admins have written to the interested parties to ask them to up their offers, should they wish.  The interested parties, Ashley included, think their offers are more than fair and it's a kind of, take it or leave it.

    If the admins are confident of naming a PB by the weekend, they are either stupid, lying, or are aware they do have something to work with already.

     

    The interested parties might think their bids are fair but the administrators think they aren't. The administrators have strict financial regulations they have to work to by law. It is up to the prepared bidders to decide whether to proceed.

  3. 3 minutes ago, alram said:

    we will have to see, later tonight we will know if any bids come in but i am not hopeful to be perfectly honest

     

    i just want to see some progress and it can only happen with a prefered bidder

    But if nobody will offer what the administrators want to satisfy the creditors then you don't get a preferred bidder, it is not a case of sell at any price.

  4. 4 minutes ago, alram said:

    sorry i just dont buy it

     

    i know full well how administrations work. the price of the club has been common knowledge for a long time now.

     

    i just think nobody is willing to pay the asking price for the club and the longer it goes on the more expensive the club gets. not naming a prefered bidder at this stage is extremely irregular, the stumbling block was supposed to be boro, now that is sorted whats the excuse this time? it is all we hear from the admins yet there is almost nothing visible that they have done to make the club an attractive buy. what if no bids come in tonight? what then?

     

    look at every statement the admins have put out, they all contain no information and along the lines of we are making progress. lets see the progress. i dont buy a word of it.

    The simple answer is, if nobody is willing to pay the asking price then the club goes into liquidation. The ball (excuse the pun) is in the bidders hands,take it or leave it.

  5. 20 minutes ago, R@M said:

    Actually…it would be common practice to have a minimum acceptable amount due to administrator’s pre negotiations with creditors…they would then inform the potential bidders of current bids in order to drive the price up with a deadline set for last possible bids. Just like EBay….in fact has anyone checked if we are listed?

    Yes we are but it cost's a grand to access the other bids.

  6. 5 minutes ago, alram said:

    i tell you something i may have made attempts to make it a more attractive club to buy

     

    on the face of it they have done nothing to make us a better club to buy. there is zero clarity about anything and i would bet the admins are making a pretty penny out of this 

    Give them a call and offer your assistance,for free of course,we don't want any more debt.

  7. 5 minutes ago, alram said:

    because the preferred bidder is where negotiations START

    it should be one of the first things they do, as with every administration. It is extremely rare for a preferred bidder not to be in place after a couple of months, never mind what is it now 7 months?

    we can believe that many are competing to buy the club but i think the reality is a bit closer to the administrators are struggling to find someone to buy the club, it is the only logical reason. just ignore all the puff from the media and look at the facts, the admins seem to pluck up a new barrier every time a deadline comes.

    How can they name a preferred bidder in the way you put it, First off they have to work out the amount of debt and who it is owed to. The administrators job is to sort out financial status of the club and try if possible to get the clubs finances in balance, while they are doing that they are not interested in a preferred bidder, there may be no club to bid on if it can't be saved.

  8. 16 minutes ago, YouRams said:

    To be expected Ashley who is renowned for wanting a bargain will likely be waiting to see what the others offer before sweeping in a few quid higher and taking us straight to the Prem.

    He still has to meet the requirements of the creditors,he may be hopeful of a bargain but there is a set amount to be paid so he won't get the club on the cheap,it's not like buying a high street chain who are in trouble.

  9. 1 hour ago, alram said:

    i really hope we hear some positive news friday.

    i am sick to death of the administrators saying one thing and the opposite happening, how many times had it happened? i got banned a few months ago for questing the administrators (crazy but i move on) and everything i said a few months ago that got me banned has not changed at all and has been said multiple times in the meantime by others.

     

    there has been such little progress made since the administrators have taken charge. the only thing resolved has been the boro case and that wasn't settled by the admins it was settled by mel and gibson.

     

    the preferred bidder status should be one of the easiest bits of the process, the fact is it like pulling teeth to get one seriously worries me that none of the bidders are really willing to put up the money to buy the club which is likely why the admins gambled with results on the pitch.

    I would imagine there has been a huge amount of progress made since the administrators walked through the door into a financial minefield. Why would the preferred bidder status be the easiest bit,it is not just a case of selling to the highest bidder. If the bidders don't meet the criteria for taking over the club i.e don't offer enough to buy the club or don't meet the terms for satisfying the creditors then their offer will be turned down.

  10. 2 minutes ago, Unlucky Alf said:

    Most are aware of that on here, It just gives the PB the time to scrutinise the books, See what debt they are taking on and other sundries, Appleby and co i'm sure would have a good idea on what's what as he's an ex joint owner, Binnies on the otherhand are wealthy but stepping into the unknown where English "soccer" is concerned in other words a "god damn minefield" Ashley is a warhorse he'll screw the last bit of blood he can out of this situation, And if he gets it i'll be well pleased, Someone WHO KNOWS what's what in English football

    Somehow i don't think Ashley will be the best option from the creditors and possibly administrators view. Hasn't he just put a company called Studio into liquidation because he couldn't get any backers to help take on the debt and lost £20 odd million in the process.

  11. 40 minutes ago, B4ev6is said:

    Once they been name or named I dont think they can then.

    They can,it is only the administrators who name them as PB because of the best for the creditors, they still have to come to an agreement with the EFL on the plan of exiting administration.

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