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Club Statement

Jah

Jack Armstrong

incapable hulk

Best served cold
Can't believe we're going to be bought by apple, this is amazing

Maybe they'll sort out finally being able to get a mobile internet signal in the stadium
 
D

Daniel

Guest
You could ask him?
Derek-Acorah-006.jpg
 

Captain Sinister

Senior doom Monger
We dont know though. Doughty said he wouldnt sell the club to anyone who didnt have the clubs best intentions at heart.

We dont know what his family/estates feelings are on this- so i wouldnt just assume they'll take the first, biggest, or only offers.

For all we know they could be committed to making sure the club is taken care of properly.




We have no idea what thier priorities are.

My personal thoughts are id be amazed if his family chose to ignore all the work, effort,money, time and love he poured into the club- purely to just sack it off

Ah but you have 2 big assumptions at the heart of your argument:
1 That it is the family making the decisions - I wonder if that is true.
They have just lost their loved relative and are still in mourning, and also an Estate as sizable and complex as ND's would be probably beyond the grasp of ordinary people, so will be in the hands of hard-headed business people.
2 That the family share Nigel's passion for Forest... after all the vilification being the owner bought Nigel I am not sure they family will feel that sentimental about it.
I hope sincerely your assumptions are born out in the end - this is one time I want to be able to say " I was soooo wrong"
 

incapable hulk

Best served cold
Ah but you have 2 big assumptions at the heart of your argument:
1 That it is the family making the decisions - I wonder if that is true.
They have just lost their loved relative and are still in mourning, and also an Estate as sizable and complex as ND's would be probably beyond the grasp of ordinary people, so will be in the hands of hard-headed business people.
2 That the family share Nigel's passion for Forest... after all the vilification being the owner bought Nigel I am not sure they family will feel that sentimental about it.
I hope sincerely your assumptions are born out in the end - this is one time I want to be able to say " I was soooo wrong"

Ah no, see thats why i said "for all we know"

Im not sure how much influence his family has (though i dont see why they wouldnt have most if not full control), nor do i know how much of his passion they shared for forest.

My point is, thats just as likely as your scenario that they just want shot of the club.

Theres no real evidence so far either way, so all we can do is speculate.

I just dont think people who loved doughty as much as his family did would choose to honour him, by screwing over something he obviously put so much into.
If that makes sense:),
 

the mask of zorro

Geoff Thomas
Ah but you have 2 big assumptions at the heart of your argument:
1 That it is the family making the decisions - I wonder if that is true.
They have just lost their loved relative and are still in mourning, and also an Estate as sizable and complex as ND's would be probably beyond the grasp of ordinary people, so will be in the hands of hard-headed business people.
2 That the family share Nigel's passion for Forest... after all the vilification being the owner bought Nigel I am not sure they family will feel that sentimental about it.
I hope sincerely your assumptions are born out in the end - this is one time I want to be able to say " I was soooo wrong"

3 That the family have any say at all in what happens to Forest. ND's estate will almost certainly involve business partners as well as his family.
 

RRRREDUN

Jack Burkitt
Most of the big clubs are cheating FFP. It seems Man City for instance have got people to give them huge sums and put it down as income (stadium naming rights etc). UEFA are trying to close this loophole and if they do, it really should give all bigger clubs an opportunity to compete. It will come down to
1. increasing income through the turnstile (sorry lads - a new stadium is ESSENTIAL)
2. Getting into the Prem (to tap into the TV money).
As for what we owe Doughty's estate; truthfully we probably owe £40+ million PLUS interest. Anyone who has invested money over the last 5 years will know that real interest rates are rather low. It is likely that the 'estate' would waive this interest and would settle for a cut price amount on the actual money given. Perhaps they will nogotiate for just about 50% and will retain an interest (hoping to get their money back ............
 

Captain Sinister

Senior doom Monger
Ah no, see thats why i said "for all we know"

Im not sure how much influence his family has (though i dont see why they wouldnt have most if not full control), nor do i know how much of his passion they shared for forest.

My point is, thats just as likely as your scenario that they just want shot of the club.

Theres no real evidence so far either way, so all we can do is speculate.

I just dont think people who loved doughty as much as his family did would choose to honour him, by screwing over something he obviously put so much into.
If that makes sense:),

Perfect sense - I would just like for all the uncertainty to be over... I've supported this Club, man and boy for over 50 years and I am simply gutted to see us a) struggling at the wrong end of Division 2 (sorry, I will never accept this Premiership/Championship as anything other than marketing hype!!) and b) in such dire straits financially..
 

SLM92NF

Jack Burkitt
The first I heard the debt had been wiped. Well that was my mate who assumed that was what was meant! Instead we've been given time to get a saviour!

I'm just intrigued to know who these "several interested parties" are that Arthur was telling us about. Why haven't we heard anything about them before? I mean surely you would've thought with several parties declaring an interest a rumour would've cropped up somewhere. On top of that how long have they been interested. I mean who's to say someone hasn't put in a formal offer and Doughtys refused it? And if that is the case will his estate representatives then do the same?

I'm glad in a way that the club have "agreed a deal" to give us till the start of next season to sort out a new owner, I am a bit concerned by the length of time it took to reach that agreement and the fact there is still no clarity on the "debt" situation. I am assuming the estate are wanting to reclaim that money because nobody has said otherwise, and the size on the debt on top of the running costs of the club it is going to require some serious investment from a new owner, and should we fail to get one then what happens?
 

Strummer

Socialismo O Muerte!
LTLF Minion
I tend to think what this actually means is that the estate will make up the losses we make this season - much like Nigel did for the last few seasons.

After that, we are on our own, unless the club changes hands.
 

Lee

Lurker of shadows
Speculating on the outcome of this is like trying to break a brick wall with your mind.

Give it up people.
 

incapable hulk

Best served cold
Perfect sense - I would just like for all the uncertainty to be over... I've supported this Club, man and boy for over 50 years and I am simply gutted to see us a) struggling at the wrong end of Division 2 (sorry, I will never accept this Premiership/Championship as anything other than marketing hype!!) and b) in such dire straits financially..

Fully agree with that. I guess we wont know anything now, till probably the summer as the club has abit of time to speak to potential buyers and doesnt just have to rush it through

It would be great for it to be over, so the club can just move on.
 

MaxiRobriguez

Bob McKinlay
From Times of Nigeria sport page today:

ToN Sport | 12th March said:
Crisis written club Sir Nottingham Forest FC receiving first takeover bid since the death of their emperor Nigel Doughty at his home in Yorkshire.

The English club FC, two times winners of the Euro trophy under former emporer Brian Clough, are estimated to have a debt of NGN17,309,150,000. The club play their football at the Forest ground which can hold up to 25,000 fans and have the nickname The Red Devils.

Sir Nottingham Forest FC have currently won their most recent game against rioting friendly Millwall City, but find still themselves boiled into a relegation battle, hoping to avoid the conquest of League One football.

Sir Nottingham Forest FC have been requested to remain the deal secret whilst in financial negotiations, but the Times of Nigeria can reports that potential buyers are involved in the oil and exporting business and have an combined estimated fortune to rival that of the new queen of England; Cheryl Cole. The buyers would only however be interested in Sir Nottingham Forest FC if the club FC can retain top flight status, something that may become apparent when Sir NFFC Club play host to Derby in their forthcoming friendly match tomorrow night.

ToN confirm the bid will remain inactivity for 30 days until transpiration upon when a negotiator will be required to release the fugitives. Sir Nottingham Forest FC have not been available for comment on this breaking news story.
 

thehockleyhustler

Stuart Pearce
Sounds like one of those Nigerian scams. The takeover consortium is actually a 25 year old black man sat behind a computer in an Internet cafe
 

oz

A. Trialist
Believe it or not we are a very good attraction for someone who needs to diversify -ala sheiks at man city - A well known name; with a reasonable supporter base; relative little debt and a history other clubs like Chelsea dream of! If we stay up we'll be OK
 
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