Ram a lamb a ding dong Posted March 14, 2022 Share Posted March 14, 2022 2 hours ago, RAM1966 said: The club is weeks away from possible extintion and your defending the man who has been reckless? We've paid too much for players, Mel should of given the managers the brief, a mixture of experience while blooding the youth talent. Tell me, would you wife be annoyed if your continually splashed out on stuff you couldn't really afford, which ultimately led to you losing your home? I suspect she would and it could mean a marriage break up, akin to liquidation when you think about it! Bang on RAM1966 1 Link to comment Share on other sites More sharing options...
Tyler Durden Posted March 14, 2022 Share Posted March 14, 2022 3 minutes ago, PistoldPete said: If a prospective buyer doesn't offer enough to avoid a 15 point deduction, they cease to be a prospective buyer, as the Binnies have found out. Someone's already beaten me to it but not sure that's a truism. The admins or the creditors really don't give a rats ass whether we get a 15 point deduction or not. They just want their money. The Binnies found out that its stupid to put a lowball offer in when there's other parties sniffing around. Link to comment Share on other sites More sharing options...
Ram a lamb a ding dong Posted March 14, 2022 Share Posted March 14, 2022 Something is only worth what bidders are willing to pay. Looks to me that none of the bids have 'hit' the mark. Under normal circumstances the seller looks in the mirror and reassess' the value. Link to comment Share on other sites More sharing options...
Gee SCREAMER !! Posted March 14, 2022 Share Posted March 14, 2022 Hi Mel, it's the Binnies, its June 2021 and we want to offer you 25 million for the club. Oh no, The debts over 50 with the loan I took. We can't pay that Mel. Tell you what, I'll put into admin and you can get the debt down to about 25 million and give me 5 million a year till the debts cleared for the loan, then have the ground. 4 months later Hi Mel its the Binnies. It appears some loudmouth from this side of the pond and a leo sayer impersonator want a hypothetical 40 million quid, that wasn't part of the deal. Don't worry, the admin team will sort it and in the meantime I'll borrow more against the stadium. Hi Mel it's the Binnies. It appears the capacity to borrow has ran out and your going to have to flog some players to get to the end of the season and you haven't dealt with the parasites. As we've lost 3-4 million quid's worth of players from the squad we now want to pay a few million less. I was looking for a bit more chaps as we now owe another 3 million in loans, tell you what I'll deal with the parasites directly if you increase the bid to 30 million . Alright Mel, shame you didn't do that in October as the clubs about 8 million quid less valuable as it was then but we want ground thrown in for free . 8 million, plus 3 million quid in extra admin fees, plus the extra 5 million needed were putting in to get this done is about what you wanted to clear the loan you took . We'll give you 2 -3 million as the admin period might be another 3 months raking up more costs and by that time all the players are leaving and could be buying a League 1 club which was'nt the idea at the start of this. Hello Binnies it's the admin team. Can we have 50 million to clear the debt and pay off Mel. He's a bit worried he might be 40 million down following his accord. But that's we're we started and we didn't to pay 50 million last year prior to administration and with some players and a nice golden share and less debt. I think 30 millions fair as we offered 28 last month. We don't want to talk to you anymore. Test card Link to comment Share on other sites More sharing options...
Alty_Ram Posted March 14, 2022 Share Posted March 14, 2022 Just now, GboroRam said: I'm not sure that's a definite. If the best offer we get is only enough to warrant a deduction, I think the administrators have a duty to accept it. The only reason I can see they've thrown out the Binnies' offer is they know there's a better one coming. I assume the same because I wouldn't think that you'd be ditching options unless you were very sure that you could do better, possibly several better offers. That's not to say that the offer would avoid 15 point deduction of course... Q want as much pie to go round as possible but if it is still nowhere near enough to avoid a penalty then surely they'll just take that anyway. Fans anguish over another mountain to climb next year is not going to stop admins getting their pound of flesh. GboroRam 1 Link to comment Share on other sites More sharing options...
Tyler Durden Posted March 14, 2022 Share Posted March 14, 2022 2 hours ago, Macintosh said: If you're going to forget all the play-off matches, going to Wembley, breaking the transfer record to bring in Vydra, some wonderful loans and players singed, a youth system bearing fruit and sacking managers because so many fans here said so. Then forget those times, his fortune thrown at this club to chase that dream. But be happy with any new owner and any lack of ambition that may likely follow. Yer but he did all that with money he didn't have and then pissed off when he didn't want to pay the bills he racked up with his stupidity. But let's remember the good times eh S8TY and r_wilcockson 2 Link to comment Share on other sites More sharing options...
PistoldPete Posted March 14, 2022 Share Posted March 14, 2022 11 minutes ago, Tyler Durden said: Someone's already beaten me to it but not sure that's a truism. The admins or the creditors really don't give a rats ass whether we get a 15 point deduction or not. They just want their money. The Binnies found out that its stupid to put a lowball offer in when there's other parties sniffing around. Admin will try and get the best deal for creditors, so they will care quite a lot if there is a 15 point deduction .. that means some creditors getting less than 25%. But yes there is a risk that none of the bids will be enough to avoid a points penalty. Link to comment Share on other sites More sharing options...
Comrade 86 Posted March 14, 2022 Share Posted March 14, 2022 1 hour ago, Tyler Durden said: Link to an article stating Kirchner is going to buy Preston for £40 million please https://www.lep.co.uk/sport/football/preston-north-end/proposed-takeover-of-pne-by-chris-kirchner-remains-on-course-3609222 Tyler Durden 1 Link to comment Share on other sites More sharing options...
StarterForTen Posted March 14, 2022 Share Posted March 14, 2022 What's the betting that Kirchner buys Preston then - knowing the DCFC inside track - sweeps in to pick up our best youngsters for peanuts? RadioactiveWaste and jimtastic56 1 1 Link to comment Share on other sites More sharing options...
Eddie Posted March 14, 2022 Share Posted March 14, 2022 Wake me up when it's over, one way or another. RAM1966, Abu Derby, I know nuffin and 1 other 3 1 Link to comment Share on other sites More sharing options...
GeneralRam Posted March 14, 2022 Share Posted March 14, 2022 We should just play at Burton for a bit. Stadium should come down in price. duck Mel Morris jimtastic56 and RAM1966 1 1 Link to comment Share on other sites More sharing options...
Tyler Durden Posted March 14, 2022 Share Posted March 14, 2022 3 minutes ago, GeneralRam said: We should just play at Burton for a bit. Stadium should come down in price. duck Mel Morris Should play at Meadow Lane, much bigger capacity. And far closer for me ? GB SPORTS, jimtastic56, Derby4Me and 1 other 2 1 1 Link to comment Share on other sites More sharing options...
atherstoneram Posted March 14, 2022 Share Posted March 14, 2022 2 hours ago, GboroRam said: I'm not sure that's a definite. If the best offer we get is only enough to warrant a deduction, I think the administrators have a duty to accept it. The only reason I can see they've thrown out the Binnies' offer is they know there's a better one coming. They don't have a duty to accept any bids, the creditors may have told them the absolute minimum they will accept. If the bids don't reach that then they will be rejected. Link to comment Share on other sites More sharing options...
EnigmaRam Posted March 14, 2022 Share Posted March 14, 2022 15 minutes ago, atherstoneram said: They don't have a duty to accept any bids, the creditors may have told them the absolute minimum they will accept. If the bids don't reach that then they will be rejected. Even if that means liquidation and getting nothing at all? RAM1966 1 Link to comment Share on other sites More sharing options...
atherstoneram Posted March 14, 2022 Share Posted March 14, 2022 5 minutes ago, EnigmaRam said: Even if that means liquidation and getting nothing at all? That will be up to the bidders to meet what the creditors demand,if they aren't prepared to do that then yes. Link to comment Share on other sites More sharing options...
B4ev6is Posted March 14, 2022 Share Posted March 14, 2022 I still think that we shall be taken over. Rammy03 1 Link to comment Share on other sites More sharing options...
Big Trav Posted March 14, 2022 Share Posted March 14, 2022 We won’t hear anything from anyone but the admins. Right now it’s a waiting game and nothing more Link to comment Share on other sites More sharing options...
KBB Posted March 14, 2022 Share Posted March 14, 2022 Rooneys 5 days to hear something quote expires tomorrow I believe. Anyone think we will hear anything? Not losing hope yet, but it is hard to stay positive. 3 points at blackburn will help. jimtastic56 1 Link to comment Share on other sites More sharing options...
Hanny Posted March 14, 2022 Share Posted March 14, 2022 (edited) 21 minutes ago, atherstoneram said: That will be up to the bidders to meet what the creditors demand,if they aren't prepared to do that then yes. Not sure I understand this thinking. You seem to be implying a financial entity is demanding a 'floor' price from a club in administration of monies owed. And will scoff at anything less than this...drawing a line in the sand of what is acceptable to them. But then you imply they will also be fine with getting nothing (on pure principle) of a bidder not reaching the initial 'floor' price set out? That doesn't make much financial sense for the creditors. ?♂️ Edited March 14, 2022 by Hanny spelling RAM1966 1 Link to comment Share on other sites More sharing options...
MackworthRamIsGod Posted March 14, 2022 Share Posted March 14, 2022 7 minutes ago, KBB said: Rooneys 5 days to hear something quote expires tomorrow I believe. Anyone think we will hear anything? Not losing hope yet, but it is hard to stay positive. 3 points at blackburn will help. Not a chance we will hear anything. The admins keep feeding Rooney crap. They tell him bad news but then sprinkle a bit of hope in there because they are probably scared of him. I've said it since Christmas, I'm convinced the admins feed Rooney what they think he wants to hear. Why else did rooney Believe we would be making signings in January and then free signings after January, the admins were feeding him that balony. I can't see a PB being announced before the end of the season. jimtastic56 1 Link to comment Share on other sites More sharing options...
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