May not be the best moderator on LTLF, but he's...
Clowes hasn't seen the accounts and financial data yet.
Yeah PB doesn’t mean he will end up paying enough to save them.preferred bidder = best of a bad bunch ?
if he does bail them out fully then Mel should do the right thing and invite him to kick him right up the bollocks at halftime first game of the season as a primitive form of compensation.
many on here have had it right from the get go, either pay in full ( HMRC want what’s due) or down the pan and start as phoenix club.
as for the fans I’ve ordered slippers and a dildo.
The lad from the Athletic got pelters for his Clowes Stadium story a few weeks ago.Interesting how none of the #ITK folk mentioned this guy, but apparently he’s been negotiating the purchase of the ground for the last couple of weeks.
Seems as though this has all been carried out behind the scenes and the leaked information creating the necessary distraction to enable it.
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I'm sure there will be a Scooby-doo-mask ripped-off-to-reveal-Mel Morris meme some clever person from here puts together very soon.
He did, in the same token Ed Dawes got pelters for the Kirchner withdrawal of bid news, which turned out as it did. All the same really, if you happen to know something that turns out right, jealousy of others that can’t and don’t break the story leads to criticism. Cynical perhaps, who knows?The lad from the Athletic got pelters for his Clowes Stadium story a few weeks ago.
That was my first thought. He needs to see the data room before they break out the champagne.Clowes hasn't seen the accounts and financial data yet.
As I understand it, interested parties get an overview of the numbers, in particular the debts. It's not until you are granted preferred bidder that you get into the details and see what can be/has been negotiated with creditors.Why are we thinking that Clowes hasn't been in the data room yet?
I think that changed when they moved to "running a competitive bidding process."As I understand it, interested parties get an overview of the numbers, in particular the debts. It's not until you are granted preferred bidder that you get into the details and see what can be/has been negotiated with creditors.
My assumption is just lazy journos.What's this about preferred bidder? I was under the impression they were going straight to full and final bids. If they have changed to having a preferred bidder again then that is a high risk strategy because if this one falls down again then they are almost certainly finished.
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My assumption is just lazy journos.
At some point, submitting a "deliverable and credible" bid probably grants some exclusivity and I'm guessing that Clowes has got to that stage?
You tease notch
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Which is something nobody* wants to see happen.That's where I was at with it too. Having a preferred bidder would pretty much seal their fate if Clowes pulls out. You would want to be juggling at least 2 or 3 bidders at this point because and any sole exclusivity period would see them run out of time with another failed takeover.
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Correct - during the Alonso debacle, a friend and business associate of mine whom is a corporate financier was approached by Alonso’s team to finance the takeover.
Exactly my first thought when I read the Dorsett piece. And with the 'fortune' he has, it's going to be very difficult to fund the Derby problem and keep any of his money. You need megamoney these days to make any difference in football ownership. The only time you might make money is in the Prem and there is a long climb before they reach that peak.If he is very wealthy and a life long fan, where has he been since last September?
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Proof will be in the purchasing next week.Suspect his motivation isn’t to lead them to glory but try to save them from oblivion. Steady the ship, see where it settles and see if it’s more of a saleable asset to someone who will have the backing to try to drive them on.