Takeover

[SausEggBaton]

I'm at about -10% and every time I come on here it goes down a little further.

I'm in shock that you expect to find some factual ITK information on here...

[Babel]

It does make you pine for the days when there was a local rag with a journo who had a few drinks with the players, and a fanzine that came out once a month or so… takeovers take a few months and given the nature of football there will always be some wrong-uns sniffing.

We have to be thankful that MSD should at least ensure whatever buyer we end up with has sufficient funds to complete the purchase, but that’s about as much as we can expect. I feel safer having them in the equation as had this been left solely to Lai I expect every nut job would have been coming out the woodwork.

As with Lai, the club will continue to exist after whatever owner we end up with… although, it would be nice to just once get someone with a bag of cash.

Hopefully the new owners will throw 30k/a for a dedicated journalist to cover the news. Cheap at the price.

[ColliersWoodBaggie]

To the top.

[Stars n stripes]

A serious question ,if any takeover doesn't happen in the next couple of months how far a we away from administration. I now Lai can't afford to let it get to that stage so surely something must be at an advanced stage .I don't care if our new owner isn't filthy rich I just want Lai and his cronies gone .

[Jacko]

Lai can't afford to maintain the club beyond the end of this season without external funds.

[Woodman scoreboard]

we really need a sale asap its vital

[Tom Joad]

we really need a sale asap its vital

I'm sure that is what Lai wants too. The longer it drags on, the more he will lose. I wonder if HE leaked the Farnell/Hearn letter just to try and put some heat onto the sale.    (Not ITK at all, mind).

[baggiebloke]

The uncertainty is unnerving.

We've been going 146 years and yet here we are waiting on some fucking cunts thousands of miles away to not leave us out of business.

[Fulham Fallout]

Like a good many on here I have no idea  how long these  takeovers  take to conclude , and relise  no matter how much ,money any buyer has it will be a while before we feel the benefit  of it .My concern though is do we have enough to cover the bills and for how long .I know players sales will help but if we don't sell anyone and a new owner how long will it be before we're looking at points deduction and administration,?

Only those who are privy to the forecasted cash flow statements can answer that question accurately. 

We don’t know if 
1) the club means what it says in that they will only sell players if offers match or exceed the club’s valuation.  Or is this a bluff to try to hike up offers?

2) the above (if true and we can wait until the summer) is dependent on the takeover going through and the new owner(s) pumping cash in to the club.

3) the amount of the MSD top up loan. 

What we can have a guess at, is the amount we are spending over and above our income each month and that’s around £2m per month. That clearly isn’t sustainable.

4) if the moneys owed by Lai and Peace’s loans are paid back.

That will be by the new owners (or at least wrapped up in the takeover I’d imagine).  Repaying the loan Lai took out benefits the club in respect to FFP, whereas repaying baldies loan doesn’t benefit FFP. 

Repaying both will obviously help cash flow.

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5) we also don’t know how the MSD loan + interest are to be repaid. I.e.  the amounts to be repaid to MSD and when.

You asked exactly the same question last week Stars n stripes. you giant cock wobble .

The answers people gave on here to the same question hasn’t changed and certainly not within one week FFS sakes.  Ban ‘im Sid.

[wba13]

The uncertainty is unnerving.

We've been going 146 years and yet here we are waiting on some fucking cunts thousands of miles away to not leave us out of business.

Love this quote and so fucking true.