kevinhectoring
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kevinhectoring reacted to S8TY in The Administration Thread
I agree but no guarantee a local will look after it as history has shown and Cook is not silly enough to leave us in a worse position than now,,,maybe just some minor short term investment to see the ground come out of Morris and MSD ownership
I personally think CK will deal with someone who Cook has got investing rather than give Morris money directly just my thoughts
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kevinhectoring reacted to Half Fan Half Biscuit in The Administration Thread
I may be missing something but surely to come out of administration the MSD debt has to be paid off. It was there as a liability in the statement of affairs.
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kevinhectoring reacted to Alty_Ram in The Administration Thread
Jeez, there he goes again, CK communicating with the fans again to keep us in the picture with what he is able to tell us. Who does he think he is eh with all his fancy 'dialogue with the fans' shenanigans ? ? We enjoy being blanked and starved of info.
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kevinhectoring got a reaction from IslandExile in Ground Sharing Agreement
I was confused by this exchange between you and @angieram I though the list of the club’s creditors filed by Q indicated that MM’s loans were to a holding company not to the club
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kevinhectoring reacted to Wignall12 in The Kirchner-Morris Summit Meeting
And if he was having a drink ....so what ? ....just getting liquidated ! ???
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kevinhectoring got a reaction from jimtastic56 in The Administration Thread
Good point about Q, where are they? And their cash flows must be worse than the clubs’. We should check whether they are in administration
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kevinhectoring reacted to cosmic in The Administration Thread
The contrast between the two options is huge.
Kirchner: We keep Rooney, we keep the majority of the squad, use Rooney's pulling power to sign decent additions, the feel good factor continues and we have a good chance of (eventual) promotion. Rooney gets a statue.
Ashley: Won't pay the creditors enough, we're docked 15 points, Rooney leaves, new manager comes in and somehow tries to recruit a whole squad for what will be a relegation battle and an inevitable descent to League Two. Club crumbles into the abyss.
It's hard to get behind the second scenario, but the opportunity to have a preference is fading fast. We need to forget what we want and concentrate on getting what we desperately need i.e. anyone to save us. Grim, but here we are.
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kevinhectoring reacted to Animal is a Ram in The Administration Thread
Sorry to really hammer this home, but...
Ignore any misgivings for MA as an owner for a moment.
The facts are:
The structure of CK's offer - albeit without the stadium - has been accepted by the admins, and the EFL, and would allow the club to exit administration without incurring the -15(+) points deduction.
With this, you could reasonably say that the CK offer would be the baseline, the cheapest it gets. He's hardly going to pay more than is necessary.
We know that the price for the stadium, unless Mel moves, which seems very unlikely, is £22m.
Given what we know about how MA operates - swoop in at the last possible moment for the cheapest possible price - the thing that puzzles me the most, and thus worries me the most, with MAs 'offer', is he likely to match CK + £22m?
I would say not. So what will budge?
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kevinhectoring reacted to 1977 Ram Raider in The Administration Thread
He's probably had enough and just thought Phuket.
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kevinhectoring got a reaction from RoyMac5 in The Administration Thread
Good point about Q, where are they? And their cash flows must be worse than the clubs’. We should check whether they are in administration
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kevinhectoring got a reaction from Derby4Me in The Administration Thread
Don’t think Dorsett is close to what’s going on.
And I think Rooney and Stretford have the ability to make this very, very difficult for Ashley. Stretford probably pretty hungry for CK’s deal and he’s not a herbivore
So CK still the most likely for me. Would be good if that group of local businessmen could agree a deal with MM, and with CK.
Not going to happen overnight so thank goodness for the KG money
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kevinhectoring got a reaction from WystonRam in The Administration Thread
Yes tho Q later said they had a written agreement with MM about the stadium. Perhaps it wasn’t written very well
MSD could have forced 202 to file. But I’d guess you’re right and that MM agreed to Q’s appointment at the club on the basis that 202 would not file.
Truth is, the bids just aren’t high enough, so would it have made a difference if 202 was in administration ? We’d still be 20m short of avoiding points deductions, maybe worse.
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kevinhectoring reacted to Mostyn6 in The Administration Thread
no, on a recruitment drive. We need some ladyboys, apparently the strength of their tackle is surprising.
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kevinhectoring reacted to nottingram in The Administration Thread
He and Lawrence’s night out seems to have got a bit out of hand
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kevinhectoring reacted to Crewton in The Administration Thread
Simon Jordan said on TalkSport just now, that Kirchner was on his way to Bangkok. Hopefully, on business.
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kevinhectoring reacted to REDCAR in The Administration Thread
Surely Morris would have known the situation about the stadium, coupled with how he dealt with Boro personally wanting to get the deal done, I can’t see why he would now not want to get it over the line… forever the optimist.
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kevinhectoring got a reaction from RoyMac5 in The whole squad wants to stay.
Not yet willing to bet against a 40 year old Jags.
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kevinhectoring reacted to CBRammette in The Kirchner-Morris Summit Meeting
Do we know he was drinking alcohol? Do we know re time? Do we know how long he was there? Do we know if it was an attempt to get to know Byrne/Laurence and perhaps others so they may sign a contract? Do we know he was getting backslaps or perhaps in need of distraction after a totally rubbish day? Do we know if others there such as local businessmen who may help (they're not all old)?
He seems to be the only guy willing to save us so lets round on him shall we?
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kevinhectoring reacted to Tamworthram in The Kirchner-Morris Summit Meeting
OK. I realise I didn’t explain myself very well.
Someone said that they wouldn’t want to deal with Mel either if they were CK.
If we’re expecting Mel or CK to cough up more then CK will definitely have to deal with Mel.
The other options you have mentioned would, I agree, avoid CK having to deal with Mel but, they’ve not happened yet.
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kevinhectoring got a reaction from CBRammette in The Kirchner-Morris Summit Meeting
He’s got jet lag. And he’s young
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kevinhectoring reacted to 1of4 in The Administration Thread
At the moment it feels more like it's completely empty and I've no longer got use of the glass
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kevinhectoring reacted to Rev in The Administration Thread
One of his fights was in Derby.
I knocked him clean out outside the Old Bell once, when he pinched my wife's arse.
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kevinhectoring got a reaction from jimtastic56 in The Administration Thread
Maybe he was just shopping
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kevinhectoring got a reaction from r_wilcockson in The Administration Thread
Q can easily extend his status as preferred bidder
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kevinhectoring got a reaction from Carl Sagan in The Kirchner-Morris Summit Meeting
No. Because MSD is a secured creditor holding a fixed and floating charge. The ‘other creditors’ are unsecured