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Posted
Beer Engine doesn't understand how administrators work or the process involved, you are right he is an idiot.

 

Thank you for that intelligently constructed response - keep believing!

Posted
Thank you for that intelligently constructed response - keep believing!

 

you are Jackson and i claim my £5

Posted

Brilliant. Every time I think we've already outed all the thickies another one springs up with some half-baked nonsense.

Posted
Thank you for that intelligently constructed response - keep believing!

 

I have been at the receiving end of two companies calling in the administrators and have knowledge unlike you, keep believing you know what you are talking about, or not as is the case.

Posted
I have been at the receiving end of two companies calling in the administrators and have knowledge unlike you, keep believing you know what you are talking about, or not as is the case.

 

I have advised professionally in numerous administrations and liquidations and, believe me, accountants' habit of always thinking in terms of numbers rather than legal rights often causes last-minute problems that could so easily have been dealt with earlier on.

Posted

I heard the tea lady accidently dropped a glass cup this morning, resulting in it being smashed. TEA LADY OUT FFS!!!

 

Why do we always want everyone out? If Fry goes, that's curtains!

Posted

I agree that the administrators appear to have done a bad job in vetting the Pinnacle group.

 

As for our own "Swiss Tony", he does seem to be in the same mold as Barry the Briefcase and Marky Jackson. Just a bunch of timewasters that end up damaging the fortunes of football clubs.

Posted

Why do we always want everyone out? If Fry goes, that's curtains!

 

Why would it be curtains? BT are a large company a fair few Administrators. Give someone else the job at SMS rather than Fry and see if they can get the deal done. Thats standard business practice, if an employee hasn't performed well enough, you replace them on the "project" with someone else.

Posted
Why would it be curtains? BT are a large company a fair few Administrators. Give someone else the job at SMS rather than Fry and see if they can get the deal done. Thats standard business practice, if an employee hasn't performed well enough, you replace them on the "project" with someone else.

 

I understand this, so yes, I probably exaggerated, but still... it would take time for the new person to maybe settle in to his new role, and such a pressured one at that were he would have to work fast to get the job done. It would be a massive risk, and it would delay things even further - MAYBE too much further.

Posted
I understand this, so yes, I probably exaggerated, but still... it would take time for the new person to maybe settle in to his new role, and such a pressured one at that were he would have to work fast to get the job done. It would be a massive risk, and it would delay things even further - MAYBE too much further.

 

No, this is why BT have had Hudson there the entire time. Again, standard business practice to have a seconder on board top step in if the first guy royally ****s up.

Posted
I have advised professionally in numerous administrations and liquidations and, believe me, accountants' habit of always thinking in terms of numbers rather than legal rights often causes last-minute problems that could so easily have been dealt with earlier on.

 

So you were ITK about last minute problems that could of been averted? Why didn't you do something about it then instead of posting your thoughts on this messageboard.

Posted
And TL has been lying.

 

Well I'm taking my laptop to work again today as I did the day before, but I haven't seen the SSN video from yesterday.

 

I see a lot of people are dismissing the Pinnacle bid as a fiasco and I admit it is extremey worrying in the light of Mr Money man's apparent status but I won't condemn this until I know more. I have no contacts within the club and I'm too far away from the action to hear any info unless it's from here.

 

I would have hoped that due diligence would involve checking the accounts of those involved to see that the funds were in place before entering the exclusivity period etc.

 

If Fry has been taken for a ride then it doesn't show Begbies in a very good light at all.

 

GM was voicing concerns about Pinnacle some weeks ago and got blasted for it by some on here, and I wonder about the old adage "no smoke without fire" (at least until Jacko's funeral anyway)

Posted
Begbies traynor and dla piper have been a total shambles

 

Without doubt.

 

 

I'm sure you 2 are more experienced and would have done a better job than the UK's 15th largest accountancy firm and 5th largest law firm.

 

:lol:

Posted
I'm sure you 2 are more experienced and would have done a better job than the UK's 15th largest accountancy firm and 5th largest law firm.

 

:lol:

 

Well im glad you think the whole thing has been handled proffesionally !

Posted
GM was voicing concerns about Pinnacle some weeks ago and got blasted for it by some on here, and I wonder about the old adage "no smoke without fire" (at least until Jacko's funeral anyway)

 

To be fair GM voices concerns about everyone all of the time! This time is was unjustified as he didn't know who the mystery backer was. All he could do was voice concerns about Pinnacle as a company which was justified given their size.

 

I wonder what GMs take would be now on a retirement homes company taking us over. They haven't got a pot to **** in would be a commonly used phrase. lol.

Posted

Fry mishandled the Grant Thornton investigation that pushed us into the -10 points and he appears to be trying to sell something that, according to Pinnacle, is not exactly as described on the tin, all in my humble opinion, of course.

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