dubai_phil Posted 8 April, 2009 Share Posted 8 April, 2009 Damn, thought I'd got away with it. Got my man in his taxi down to SMS and took the whole proof of funds to a new level and took cash. Unfortunately, it seems that the phrase "proving funds of more than 15 mil" (according to Trousers) wasn't quite correct Seems that showing that me & EoA had 15 mil Vietnamese Dong wasn't quite what they were looking for (with thanks to Topgear of course) it's about 573 quid...... Link to comment Share on other sites More sharing options...
Horley CTFC Saint Posted 8 April, 2009 Share Posted 8 April, 2009 Unitl last week, I'd never 'eard of 'em. You? Mind you I'm baised as my brother in law is a top adminsitrator/receiver for Deloittes... He wasn't asked apparently. They've done a whole string of Football Club CVAs check out their website Wrexham comes to mind Link to comment Share on other sites More sharing options...
EastleighSoulBoy Posted 9 April, 2009 Share Posted 9 April, 2009 Its very comforting that 34 groups, consortia or individauls have intimated a bid for the club. I know there is loads of speculating going on about who is involved. but unlike the previous series of takeover rumours. this latest one could be the real deal. In so much as the real players are doing it with utmost decorum If Leon is involved he is acting very professionally and in a dignified manner. I think now that Rupes has had his say, we will now seeing him fading into the background with no more involvement with the club. I truly hope he has no intention of returning to the boardroom. He had his good points as well as his bad. But he actually does care about the club. Talking about people fading into the background what happened to those esteemed posters Long Shot and Waterloo saint. Long Shot is still on here although she changed her username and now refrains from posting. Link to comment Share on other sites More sharing options...
Master Bates Posted 9 April, 2009 Share Posted 9 April, 2009 Long Shot's a woman?!? knew I should have chatted her up via PM. Link to comment Share on other sites More sharing options...
Legod Third Coming Posted 9 April, 2009 Share Posted 9 April, 2009 They've done a whole string of Football Club CVAs check out their website Wrexham comes to mind Specialists in football then I guess. Link to comment Share on other sites More sharing options...
hughieslastminutegoal Posted 9 April, 2009 Share Posted 9 April, 2009 I imagine they'll do a very high level review of the offers and then shortlist / interview perhaps 3 or 4 that they consider to be goers. At that point, I imagine they'll do an in-depth analysis and due diligence. Of course not. Mr Fry will personally see every single person who expresses interest, in strict order of application, not using any one in his team to assist in carrying out any kind of preliminary assessment, and will personally visit any of them should they be incarcerated in a mental institution and unable to attend St Marys. Link to comment Share on other sites More sharing options...
swastika eyes Posted 9 April, 2009 Share Posted 9 April, 2009 I imagine they'll do a very high level review of the offers and then shortlist / interview perhaps 3 or 4 that they consider to be goers. At that point, I imagine they'll do an in-depth analysis and due diligence. Personally i would prefer to see it cut down to a final 10 and then whittled down one by one in an X Factor style vote, perhaps by poll on here. Far more entertaining and would make the season last a bit longer too. Link to comment Share on other sites More sharing options...
Rational Rich Posted 9 April, 2009 Share Posted 9 April, 2009 That's been bugging the Conspiracy Theorists Society for days now. What's stopping an Administrator excercising 'artistic licence' when it comes to the declaring the number of interested parties? Not that I'm suggesting for one second that the SLH administrators would contemplate this. Purely a hypothetical question. Are Administrators audited? Of course, exagerating the number of potential suitors could be a tactic all administrators deploy in order to keep the competition on their toes and get the best price....Where's Clapham Saint when you need him...? Who knows? Their fees come out of the creditors funds. Administrators are heavily regulated and have to hold a licence to be an insolvency practitioner, any malpractice could result in this being revoked and so it is really not worth their while. Creditors can also challenge administrators' decisions in court if they think that they are not discharging their legal duties properly. These things take time, the fact that there are a lot of interested parties at this stage is much better than just 1 or 2, Begbies will have a feel of who is serious and who are time wasters and will concentrate on that. Also, it will be many more people than just Fry adn Hudson, they will have a team of people working for them, dealing with the day to day running of the club, the statutory requirements of running an administration and the sale of the business. Link to comment Share on other sites More sharing options...
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