The Administration Thread

[WhiteHorseRam]

7 minutes ago, I know nuffin said:

doing something in the background and cannot say.

That's me at work most days.

 

[I know nuffin]

7 minutes ago, RoyMac5 said:

Hiding?

Let's see, then you can tell me I was wrong..

[CBRammette]

12 minutes ago, I know nuffin said:

Correct unless he is doing something in the background and cannot say. Just have that feeling although it often lets me down

Just hope someone is doing something in the background. Actually got some work done yesterday so torn between wanting same today and wanting some news!

[kevinhectoring]

Well hopefully Stretford, Rooney and Morgan have just wrapped up the final details over a cappuccino and are off to dictate terms to the EFL. 

[Red Ram]

5 minutes ago, CBRammette said:

Just hope someone is doing something in the background. Actually got some work done yesterday so torn between wanting same today and wanting some news!

Let's hope he isn't! Don't want him anywhere near the club and certainly don't want him delaying the process even further. We know how the story ends with Kirchner - he's done more or less the same thing three times now.  We've never been closer to liquidation, thanks to the time wasted with the Kirchner bid. I'd like to think Quantuma wouldn't even entertain a resurrected Kirchner bid given the outcome of the previous two but wouldn't want to rely on that. 

[BucksRam]

18 minutes ago, kevinhectoring said:

Well hopefully Stretford, Rooney and Morgan have just wrapped up the final details over a cappuccino and are off to dictate terms to the EFL. 

[Guest]

32 minutes ago, RoyMac5 said:

Hiding?

Quite possibly Roy. Just like Morris when he filed for administration. Perhaps we have had a lucky escape. We couldn’t stomach any more evasiveness.

[The Scarlet Pimpernel]

31 minutes ago, kevinhectoring said:

Well hopefully Stretford, Rooney and Morgan have just wrapped up the final details over a cappuccino and are off to dictate terms to the EFL. 

Wouldn't that be nice!

[Mostyn6]

38 minutes ago, Red Ram said:

he's done more or less the same thing three times now

and what is that exactly?

[Ian Buxton's Bat]

Just a note of caution for those who think a new owner can come in with a dollop of cash and buy the club like an item off ebay and run it from the get go.

It was reported that MA had 'bought Misguided' out of administration last week and I think most of us thought that this was a done deal and he was in charge - but BBC are reporting that the administrators are still running Misguided and that Frasers Group (MA's company) will take over the running of the company in August......minimum of 7 weeks after the deal. No idea why, obviously.

In the meantime misguided are running as per administration (the report is about punters getting no refunds).

We might have Quantuma and admin restrictions around for a little while longer even if we get a buyer this week - as I hope / expect.

[Animal is a Ram]

1 hour ago, Unlucky Alf said:

That's a very technical question, I'll have to put one foot forward and toe the line and hand that back to you, But I don't think there's any arm in it, Failing that I'll shoulder the blame if kneed be ?

Impressive punning, sir. 6 in such a short span.

[Kuskus]

[kevinhectoring]

1 hour ago, I know nuffin said:

Correct unless he is doing something in the background and cannot say. Just have that feeling although it often lets me down

There’s a fair chance CK is busy trying to avoid being removed as CEO of slync

[CBRammette]

41 minutes ago, Red Ram said:

Let's hope he isn't! Don't want him anywhere near the club and certainly don't want him delaying the process even further. We know how the story ends with Kirchner - he's done more or less the same thing three times now.  We've never been closer to liquidation, thanks to the time wasted with the Kirchner bid. I'd like to think Quantuma wouldn't even entertain a resurrected Kirchner bid given the outcome of the previous two but wouldn't want to rely on that. 

I didnt say i hoped Kirchner was doing something in the background. I said I hoped someone was doing something in the background meaning anybody as it is quiet

[Caerphilly Ram]

1 minute ago, Ian Buxton's Bat said:

Just a note of caution for those who think a new owner can come in with a dollop of cash and buy the club like an item off ebay and run it from the get go.

It was reported that MA had 'bought Misguided' out of administration last week and I think most of us thought that this was a done deal and he was in charge - but BBC are reporting that the administrators are still running Misguided and that Frasers Group (MA's company) will take over the running of the company in August......minimum of 7 weeks after the deal. No idea why, obviously.

In the meantime misguided are running as per administration (the report is about punters getting no refunds).

We might have Quantuma and admin restrictions around for a little while longer even if we get a buyer this week - as I hope / expect.

I suspect that will be the case, however with a more reputable buyer in place “pending all the processes and checks” (such as Ashley, Appleby or Morgan) the EFL should let us extend contracts and piece together a squad right? Given they’re so keen to protect the integrity of the competition as per their statement (?). So no splashing the cash immediately but perhaps a cash injection from the prospective buyer for running costs meaning some contract extensions, freebies and loans on sensible, sustainable terms, enough to steady the ship immediately and fulfil fixtures. Then get the takeover finalised and continue the rebuild sensibly through the next year or two. That’s my hope and how I think realistically it plays out.
 

[RoyMac5]

11 minutes ago, Kuskus said:

 

[RoyMac5]

Just waiting for the money to drop!

 

Edited June 15, 2022 by RoyMac5

[TuffLuff]

Per Ed Dawes last night, I would guess the administrators might be doing some media rounds today so we might be getting some clarity on where we stand. Wouldn’t expect anything before midday though possibly later!

[Archied]

18 minutes ago, Mostyn6 said:

and what is that exactly?

BUGGAR ALL

[scout's dad]

4 minutes ago, RoyMac5 said:

 

 

Groovy man