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kevinhectoring
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kevinhectoring reacted to duncanjwitham in The Administration Thread
I suspect it's going to depend massively on how similar the deal is to Kirchner's. Every new negotiation with a creditor or a stadium owner/purchaser is going to drag things out further.
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kevinhectoring got a reaction from atherstoneram in The Administration Thread
Stretford’s was in CK’s pocket for the PNE foray. And was to be on our board. And Rooney has been agitating for CK for months. It’s naive in the extreme to think there was not a very clear understanding as to Rooney’s role and terms under CK ownership
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kevinhectoring reacted to May Contain Nuts in The Administration Thread
Yes, I'd much rather just read the stories that people with no connections to anyone make up off then top of their heads and then convince themselves must be true propagate on social media. They may be at best conjecture and at worst complete and utter turd, even libelous, but what does that matter?
It's much better for people who haven't got the first clue what they're talking about to whip themselves and others up into a frenzy based on their emotional reading of a situation than to believe anything Alan Nixon says.
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kevinhectoring reacted to Norman in The Administration Thread
If anyone thinks Mike Ashley is the bloke to buy us in the next 2 weeks, that ain't happening. Whilst he holds the position of not wanting to pay the administrators a penny, and low-balling creditors, he will be bottom of the pile.
The only way Mike Ashley gets us is if the club goes right down to a liquidation deadline and the administrators agree to only taking a percentage of their 'earnings' as part of the rescue deal to stop the club liquidating.
We need someone other than Mike Ashley if we are to start on anything other than - 15 points and have a chance of putting a competitive squad together and keeping Rooney for the coming season.
Mike Ashley is always waiting for that deadline. He does this multiple times a year. He must be thinking Kirchner has pushed the deadline so close that he now stands a chance. I have nothing against his approach. He's a fine contingency plan to have, but we need someone else.
In my opinion, of course.
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kevinhectoring reacted to RamBeauIV in The Administration Thread
Beggars can't be choosers. The Fixture List is published next week (Thursday, June 23rd). If we don't get a deal done inside the next week, then I can't see the EFL letting us go on a month-to-month basis of proving funds - they will kick us out beforehand and replace us. The other L1 clubs also want certainty (and avoid the possibility of losing a prime fixture / 5% of their income / refunding ST holders a game / suing or throwing handbags at EFL).
Step forward ... Mike Ashley. He specialises in doing quick last-minute deals (Look at Missguided earlier this month - went into Administration, but MA bought it within 48 hours). It's ready-made for him now.
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kevinhectoring got a reaction from LERam in The Administration Thread
Either:
- slyncio investors got spooked by the AML problems, called him back to the US and told him to stop endangering their investment or
- he was fronting part of the deal for others and realised he could not clear AML without spilling the beans and showing he’d misled the EFl re ownership
or another reason.
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kevinhectoring got a reaction from Ken Tram in The Administration Thread
Just wish Michael Dell would waltz in and snap us up.
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kevinhectoring got a reaction from Ken Tram in The Administration Thread
Either:
- slyncio investors got spooked by the AML problems, called him back to the US and told him to stop endangering their investment or
- he was fronting part of the deal for others and realised he could not clear AML without spilling the beans and showing he’d misled the EFl re ownership
or another reason.
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kevinhectoring got a reaction from Tamworthram in The Administration Thread
Either:
- slyncio investors got spooked by the AML problems, called him back to the US and told him to stop endangering their investment or
- he was fronting part of the deal for others and realised he could not clear AML without spilling the beans and showing he’d misled the EFl re ownership
or another reason.
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kevinhectoring got a reaction from DarkFruitsRam7 in The Administration Thread
Stretford’s was in CK’s pocket for the PNE foray. And was to be on our board. And Rooney has been agitating for CK for months. It’s naive in the extreme to think there was not a very clear understanding as to Rooney’s role and terms under CK ownership
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kevinhectoring reacted to RoyMac5 in The Administration Thread
“Alice laughed. 'There's no use trying,' she said. 'One can't believe impossible things.'
I daresay you haven't had much practice,' said the Queen. 'When I was your age, I always did it for half-an-hour a day. Why, sometimes I've believed as many as six impossible things before breakfast...”
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kevinhectoring got a reaction from RadioactiveWaste in The Administration Thread
Either:
- slyncio investors got spooked by the AML problems, called him back to the US and told him to stop endangering their investment or
- he was fronting part of the deal for others and realised he could not clear AML without spilling the beans and showing he’d misled the EFl re ownership
or another reason.
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kevinhectoring got a reaction from jimtastic56 in The Administration Thread
Stretford’s was in CK’s pocket for the PNE foray. And was to be on our board. And Rooney has been agitating for CK for months. It’s naive in the extreme to think there was not a very clear understanding as to Rooney’s role and terms under CK ownership
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kevinhectoring got a reaction from David Graham Brown in The Administration Thread
Either:
- slyncio investors got spooked by the AML problems, called him back to the US and told him to stop endangering their investment or
- he was fronting part of the deal for others and realised he could not clear AML without spilling the beans and showing he’d misled the EFl re ownership
or another reason.
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kevinhectoring got a reaction from jimtastic56 in The Administration Thread
Either:
- slyncio investors got spooked by the AML problems, called him back to the US and told him to stop endangering their investment or
- he was fronting part of the deal for others and realised he could not clear AML without spilling the beans and showing he’d misled the EFl re ownership
or another reason.
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kevinhectoring got a reaction from Phuket Ram in The Administration Thread
Stretford’s was in CK’s pocket for the PNE foray. And was to be on our board. And Rooney has been agitating for CK for months. It’s naive in the extreme to think there was not a very clear understanding as to Rooney’s role and terms under CK ownership
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kevinhectoring got a reaction from Phuket Ram in The Administration Thread
Not nonsense Roy, cold hard logic. Rooney and Stretford are too powerful to ignore.
Rooney obviously did some sort of deal with CK (for all we know he or Stretford might have had a piece of the deal) and Rooney is key to assembling next year’s squad. if Rooney won’t replicate the CK deal for other bidders, and if he won’t support those bidders, then those bidders bid less and creditors are worse off
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kevinhectoring got a reaction from RoyMac5 in The Administration Thread
Stretford’s was in CK’s pocket for the PNE foray. And was to be on our board. And Rooney has been agitating for CK for months. It’s naive in the extreme to think there was not a very clear understanding as to Rooney’s role and terms under CK ownership
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kevinhectoring reacted to Scott129 in The Administration Thread
No, the sale of the stadium hasn't gone through.
An agreement was in place under the pretence that CK buys the club.
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kevinhectoring reacted to Gritstone Ram in The Administration Thread
I’m only saying because I had some money laundering check done on me when as a carefree youth I took part in a company sharesave scheme and from the start of the scheme to the end the share price had tripled if not more. I then turn up at the bank with a wad of cash and based upon my previous history the bank didn’t believe where I got the money from and had to go through a series of checks which meant contacting the company and making sure the shares were genuine etc. It felt like it went on forever.
I blew the most of it on fast women and drink. The rest I just wasted.
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kevinhectoring got a reaction from David Graham Brown in The Administration Thread
I know this is taking its toll but have you now woken up and seen what you typed in your sleep ?
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kevinhectoring got a reaction from David Graham Brown in The Administration Thread
Look at it from the point of view of an investor in Slyncio
you've invested 10s of millions in a company that aims to get listed on the most highly regulated securities market in the world
your CEO is jetting around the world pursuing his hobbies and runs into problems with anti-money laundering issues. Anti-money laundering !!
if I was the investor I would confiscate the keys to his plane, and tell him if he doesn’t get back to his desk and stop twattering around he’ll be on the wrong end of a massive legal claim for damaging his investors’ interests
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kevinhectoring got a reaction from cosmic in The Administration Thread
I know this is taking its toll but have you now woken up and seen what you typed in your sleep ?