Bailey Posted 31 May, 2009 Posted 31 May, 2009 I don't want to sound like a doom merchant, but I was wondering what would happen if this Pinnacle bid fell through for whatever reason. Obviously, I have everything crossed hoping that they seal the deal, but if the worst case scenario becomes a reality, then what? Would there be enough time for another investor to come to the table and make an offer, or would the money have run out by then? Obviously I hope we don't have to worry about the above, but I would be interested to know none the less.
miserableoldgit Posted 31 May, 2009 Posted 31 May, 2009 I don't want to sound like a doom merchant, but I was wondering what would happen if this Pinnacle bid fell through for whatever reason. Obviously, I have everything crossed hoping that they seal the deal, but if the worst case scenario becomes a reality, then what? Would there be enough time for another investor to come to the table and make an offer, or would the money have run out by then? Obviously I hope we don't have to worry about the above, but I would be interested to know none the less. I believe that Fry is still talking to the other bidders should the Pinnacle bid fail.
lee_saint Posted 31 May, 2009 Posted 31 May, 2009 It's that situation that I'm worried about, I'm sure it will all be fine....hopefully.
Andy_Porter Posted 31 May, 2009 Posted 31 May, 2009 I'd imagine the 500k we got from Pinnacle will keep us ticking over for a while if the worst was to happen.
lee_saint Posted 31 May, 2009 Posted 31 May, 2009 I'd imagine the 500k we got from Pinnacle will keep us ticking over for a while if the worst was to happen. 500k is one months wages.
Andy_Porter Posted 31 May, 2009 Posted 31 May, 2009 500k is one months wages. No wonder we're in the **** if our wage bill is 6m a year.
SFC Forever Posted 31 May, 2009 Posted 31 May, 2009 The £500,000 would help in at least two ways in my book. First it gives Pinnacle more time to decide what they are going to do. Secondly it gives us breathing space in which we either get fair prices for the likes of Dyer,Rasiak and co or at least push the price up. Either way we are all hoping the deal is done quickly enough to enable us to have the management team in place with yime to sort out our tsquad of players.
Weston Super Saint Posted 31 May, 2009 Posted 31 May, 2009 Thankfully we've got Wacko Jacko if all else fails
RedAndWhite91 Posted 31 May, 2009 Posted 31 May, 2009 Then the 3 other interested groups may get a chance.
NickG Posted 31 May, 2009 Posted 31 May, 2009 The £500,000 would help in at least two ways in my book. First it gives Pinnacle more time to decide what they are going to do. Secondly it gives us breathing space in which we either get fair prices for the likes of Dyer,Rasiak and co or at least push the price up. Either way we are all hoping the deal is done quickly enough to enable us to have the management team in place with yime to sort out our tsquad of players. pinnacle have decided what they are going to do - buy the club! This time is not for them to have a bit of a think, its to sign contracts, sort out deeds, sort out FA etc. Price agreed, due diligence finished.
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