Alan Nixon Breaks Silence on American Billionaire Bid

[Crewton]

1 hour ago, MackworthRamIsGod said:

Well that Andy Derbyshire bloke has been suggesting one of the interested parties would be able to solve the Gibson thing once takeover is agreed, so it looks like he might have been a bit ITK on this one.

It's Vladimir Putin. 

Does Middlesbrough have a cathedral? 

[RadioactiveWaste]

6 minutes ago, Crewton said:

It's Vladimir Putin. 

Does Middlesbrough have a cathedral? 

I think most smoggies are imune to nerve agents by the time they reach secondry school.

So it'd have to be the polonium.

[Kathcairns]

47 minutes ago, Carnero said:

Why not?!

Gadsby is a safe pair of hands with a proven track record at DCFC.

When they decided to build pride park he came to us and others in the ground to ask what we would like to see in the new ground, he seemed a genuine guy.

[Grumpy Git]

28 minutes ago, Kathcairns said:

When they decided to build pride park he came to us and others in the ground to ask what we would like to see in the new ground, he seemed a genuine guy.

Did you say some decent football?

[Kathcairns]

9 minutes ago, Grumpy Git said:

Did you say some decent football?

We saw decent football with jim smith, did you not go then?

[Crewton]

11 minutes ago, Grumpy Git said:

Did you say some decent football?

Must've done. 

[Kathcairns]

3 minutes ago, Crewton said:

Must've done. 

Not sure if grumpy was being sarcastic.

[Kathcairns]

17 minutes ago, Grumpy Git said:

Did you say some decent football?

Actually we said not sky high prices and they were not to bad in the end, cause we have always sat in the north west corner which were the cheapest seats untill this season.

[Crewton]

41 minutes ago, Kathcairns said:

Not sure if grumpy was being sarcastic.

Or just grumpy ?

[Ram1988]

4 hours ago, StrawHillRam said:

Any of the three contenders would be fine with me

although CK may be just front and no substance

I agree either way we need to get something sorted now asap. If there are multi interested parties its time to see who can get the business done and dusted and seal a deal to take the club forward.

[Crewton]

Thinking about the Boro/Wycombe thing, shouldn't Cowboy Robdog be suing Boro for delaying our Tribunal hearing by trying to join the EFL in their action against us? That delayed the ultimate process by a good 3 months iirc. 

[metalsheep02]

17 hours ago, Mucker1884 said:

 

"14 Dec 2021   Result of meeting of creditors
This document is being processed and will be available in 10 days."

 

https://find-and-update.company-information.service.gov.uk/company/00049139/filing-history

So the document can now be viewed - anyone know what it means?

[G STAR RAM]

9 minutes ago, metalsheep02 said:

So the document can now be viewed - anyone know what it means?

Not a form I'm familiar with but a quick scan would seem to indicate that the creditors have agreed with the administrators proposals.

 

[Mucker1884]

Admins proposals approved (By the creditors?)
A creditors' committee will not be established.
The Joint Administrators will be free from any liabilities in respect of any action undertaken by them, effective from the day they walk away.
All from a (virtual) meeting on 1st Dec.

 

The details of what the proposals were (and therefore what the creditors have agreed) are not stated, so we are 100% non-the-wiser than we were last week!  

 

[Ramos]

30 minutes ago, metalsheep02 said:

So the document can now be viewed - anyone know what it means?

I have no real insight but says ‘deemed approved” - I’m sure someone with better knowledge of these things can confirm but sounds promising? 

[Mucker1884]

Oh... and the administrator's signature is illegible... but it looks suspiciously like "CK2", to me!  ?

[IslandExile]

39 minutes ago, metalsheep02 said:

So the document can now be viewed - anyone know what it means?

If it says it will be available 10 days from the date 14 December, doesn't that mean we can't see it until Chrimbo Eve?

[Crewton]

It's a "deemed consent" decision, meaning that a meeting did not have to be held because less than 10% of the creditors in value objected to the proposed decision/Administrators proposals. 

It was made on 1st December. There's no other indication of what those proposals were. They could be a proposal for payment to the various class of creditors. They could be a decision to appoint a liquidator, although I'm doubtful that that would have passed under the deemed consent option this early in the process - but I stress it's not impossible, just unlikely IMHO. 

[Tamworthram]

15 minutes ago, Mucker1884 said:

Admins proposals approved (By the creditors?)
A creditors' committee will not be established.
The Joint Administrators will be free from any liabilities in respect of any action undertaken by them, effective from the day they walk away.
All from a (virtual) meeting on 1st Dec.

 

The details of what the proposals were (and therefore what the creditors have agreed) are not stated, so we are 100% non-the-wiser than we were last week!  

 

We may be “100% non-the-wiser than we were last week” with regard to the terms of the offer, who the preferred bidder is and if they’re willing/able to meet those terms but at least we know (it would appear) that an agreement has been reached with the creditors which I assume must include HMRC.

[PistoldPete]

22 minutes ago, Ramos said:

I have no real insight but says ‘deemed approved” - I’m sure someone with better knowledge of these things can confirm but sounds promising? 

If no-one dissents (or not enough dissent) then it is approved.