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The Administration Thread


Boycie

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1 hour ago, Topram said:

These administrators are absolutely useless !!

No one told them it would turnout to be Pandora’s box - there’s been nothing straightforward 

Edited by Sparkle
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39 minutes ago, IslandExile said:

So...

The Administrators (bless 'em) said they had secured funding to see the season out. That finished yesterday.

Kirchner has said the deal needed to be concluded by 7 May (yesterday) so that he could start writing the cheques. With the "impasse" in place and no solution around the corner, there's every chance CK will pull out.

So..... How is the club currently funded?

Indeed, is it currently funded?

Rooney said this 24-48 hours is critical. Is it fatal? Are we now facing liquidation.

When does Kirchner return to the States?

The "third party" won't be able to purchase the ground before he goes. So I guess that's the end of his bid.

That leaves this supposed late bid from Ashley. But why would he offer more than CK if neither think the club is worth the debt? He wouldn't but he could offer Mel more and the creditors less, which means the 15 point deduction.

This nightmare is about to build into a crescendo.

You don’t have to be correct but you probably are 

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13 minutes ago, Rich3478 said:

How are people still being picky over who buys us?

Could not care less at this point, if not someone soon we won’t even have a team to support!

you’d think Mike Ashley was a nazi the way people go on!

would love it to be kirchner tonight, but really will take anyone at this point! I don’t want to go to stoke or Leicester either, but i will if that’s all that we have.

If it was to turn out that a bid that would have avoided -15, and given us a reasonable shot of keeping some of the squad, were to fall through because of the shenanigans of someone like Mike Ashley trying to get us on the cheap, then I think we have every right to be annoyed. Even if that outcome is better that liquidation.

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2 minutes ago, Millenniumram said:

To be fair, there’s only ever been one obstacle in this takeover. Mel Morris.

Not true. Without the interference from Boro the discussions taking place now could have been taking place back in Jan, Feb, not now while we're on the precipice and it needs to be done within days.

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1 minute ago, Coconut's Beard said:

Not true. Without the interference from Boro the discussions taking place now could have been taking place back in Jan, Feb, not now while we're on the precipice and it needs to be done within days.

And yet who could have sorted that out earlier? Mel. 

Not to belittle the impact that parasite Gibson has had on this mess of course. But Mel sorted it pretty quickly when he talked to Gibson. If he’d have done that earlier, maybe we wouldn’t be where we are now. And, ironically, he might have got his full 20m for the ground. But no, his ego prevented him from doing it.

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1 minute ago, Millenniumram said:

And yet who could have sorted that out earlier? Mel. 

Not to belittle the impact that parasite Gibson has had on this mess of course. But Mel sorted it pretty quickly when he talked to Gibson. If he’d have done that earlier, maybe we wouldn’t be where we are now. And, ironically, he might have got his full 20m for the ground. But no, his ego prevented him from doing it.

If the ridiculous claim doesn't exist in the first place though, Mel doesn't have to sort it out.

Edited by Coconut's Beard
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