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kevinhectoring

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  1. Clap
    kevinhectoring got a reaction from jimtastic56 in The Administration Thread   
    Agree - it’s far from clear who paid the May payroll. But what Nixon doesn’t recognise is that the funding probably involved a loan to q - ie a a high ranking claim in a liquidation (and MSD would most likely have supported the funding)
    I think you’re unduly pessimistic in saying ck is/was paying too much - and I still think he might succeed. His offer (for the club only, with MM sharing some pain on the stadium and ?Clowes willing to share the risk/reward) is/was not crazy at all. MSD may well have agreed with him to write off some interest and I’d guess Q’s fee (under the ck deal) is set in stone despite the ongoing ‘work’. It’s all about potential and rightly or wrongly it seems ck’s assessment is that Rooney, Stretford and Cook can turn the football ship round. Valuing football clubs is an art not a science
     
    Agree though that Ashley won’t match the ck deal. But that’s not because ck’s deal was foolish. It’s because Ashley only buys in the bargain basement 
     
  2. Like
    kevinhectoring got a reaction from I know nuffin in The Administration Thread   
    There’s talk Ashley has been in contact with EFL. If so I’d think he’s also talking to MM about the stadium. He trades businesses and after his Newcastle experience he might be happy to see us as a long term play. So if he pitches a bid at a level that keeps us in div 1 on -15, that might just work fine for him.
     
    Personally I think that if he buys us, next season will be a nightmare 
  3. Like
    kevinhectoring got a reaction from Kathcairns in The Administration Thread   
    There’s talk Ashley has been in contact with EFL. If so I’d think he’s also talking to MM about the stadium. He trades businesses and after his Newcastle experience he might be happy to see us as a long term play. So if he pitches a bid at a level that keeps us in div 1 on -15, that might just work fine for him.
     
    Personally I think that if he buys us, next season will be a nightmare 
  4. Like
    kevinhectoring reacted to Bris Vegas in The Administration Thread   
    Chris Kirchner will complete the deal on Monday

  5. Haha
    kevinhectoring reacted to Tamworthram in The Administration Thread   
    I think I’ve been hacked. I didn’t write the post you are responding to.
  6. Like
    kevinhectoring reacted to RadioactiveWaste in The Administration Thread   
    Again, it's not 100% clear what the stadium situation is if CKs deal doesn't go through as I think the stadium deal depended on CKs deal (and CKs deal sepended on the stadium deal). If someone had simply bought PP we'd have heard by now "XX has completed the purchase of Pride Park Stadium, with an agreement in place to lease the ground to the new ownership of DCFC"
  7. COYR
    kevinhectoring got a reaction from RoyMac5 in The Administration Thread   
    Not sure that ck was under any deadline to complete before q set the Friday 5pm deadline   (Tho maybe there was a drop dead date in the spa ?)  But the point of my earlier post was : until ck’s deadline was passed q was not in a position to speak to other bidders because ck was pb. So for them all to complain that q was not speaking to them was daft 
  8. Like
    kevinhectoring reacted to PistoldPete in The Administration Thread   
    I think so. But the deal was basically done. 
  9. Clap
    kevinhectoring got a reaction from EnigmaRam in The Administration Thread   
    But wouldn’t the ground sale have been conditional on the CK deal going through ?
  10. Clap
    kevinhectoring got a reaction from jimtastic56 in The Administration Thread   
    But wouldn’t the ground sale have been conditional on the CK deal going through ?
  11. Like
    kevinhectoring got a reaction from RadioactiveWaste in The Administration Thread   
    But wouldn’t the ground sale have been conditional on the CK deal going through ?
  12. Like
    kevinhectoring got a reaction from r_wilcockson in The Administration Thread   
    No other bidder should have expected a response from Q before the CK deadline expired. 
  13. Clap
    kevinhectoring got a reaction from Woodypecker in The Administration Thread   
    No other bidder should have expected a response from Q before the CK deadline expired. 
  14. Haha
    kevinhectoring got a reaction from Derby4Me in The Administration Thread   
    The athletic article posted above is interesting. It suggests slync.io is late in payment of its sports sponsorship liabilities. CK’s personal affairs are of course a separate issue but it does suggest he might have gone out on a limb when committing Slync.io to so much sponsorship. 
    I made the point a while ago that despite professing to be a full time CEO of a fast growing company, he spends a lot of company time in jet-setting pursuit of his hobbies. Maybe it’s all fine, maybe his investors still support him and this latest issue is just a glitch. Hope so 
  15. Like
    kevinhectoring got a reaction from GB SPORTS in The Administration Thread   
    No other bidder should have expected a response from Q before the CK deadline expired. 
  16. Cheers
    kevinhectoring reacted to Gee SCREAMER !! in The Administration Thread   
    That should have been 17/5
  17. Like
    kevinhectoring got a reaction from RadioactiveWaste in The Administration Thread   
    No other bidder should have expected a response from Q before the CK deadline expired. 
  18. Clap
    kevinhectoring got a reaction from FlyBritishMidland in The Administration Thread   
    No other bidder should have expected a response from Q before the CK deadline expired. 
  19. Sad
    kevinhectoring reacted to StaffsRam in The Administration Thread   
    Have they ever given the slightest indication that they can operate at that level of competence?
  20. Clap
    kevinhectoring got a reaction from Turnstile in The Administration Thread   
    3 willing buyers by January and here we are in June...  
  21. Clap
    kevinhectoring got a reaction from RadioactiveWaste in The Administration Thread   
    an important part of their job is to nail this down: before appointing a pb they have to ensure deliverability. Not least because the appointment will result in other bidding groups moving on to pastures new. 
  22. Sad
    kevinhectoring reacted to I am Ram in The Administration Thread   
    Bermuda triangle.
  23. Clap
    kevinhectoring got a reaction from RoyMac5 in The Administration Thread   
    an important part of their job is to nail this down: before appointing a pb they have to ensure deliverability. Not least because the appointment will result in other bidding groups moving on to pastures new. 
  24. Like
    kevinhectoring got a reaction from Papahet in The Administration Thread   
    3 willing buyers by January and here we are in June...  
  25. Clap
    kevinhectoring got a reaction from RoyMac5 in The Administration Thread   
    3 willing buyers by January and here we are in June...  
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