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by Stranded
28 Mar 2024 16:13
Forum: General Football
Topic: Generic clubs in financial crisis Thread
Replies: 5578
Views: 549588

Re: Generic clubs in financial crisis Thread

Morecombe's owner woes continue as they are the latest to be put under a registration embargo for failure to pay tax on time. The owner there essentially refuses to finance the club sufficiently or sell for a realistric sum. Sounds familiar.
by Stranded
28 Mar 2024 16:11
Forum: The Team
Topic: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge
Replies: 2534
Views: 2080843

Re: Embargos, HMRC Payment defaults, non payment of wages, the usual under Dai Wrongge

With the exclusivity announced, has there been a confirmation from the club that HMRC and players wages will be paid in full and on time for the rest of the season, thus eliminating the possibility of the suspended deduction of a further 2 points being enforced? If we hadn't paid HMRC (due last wee...
by Stranded
28 Mar 2024 16:09
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3098
Views: 1335837

Re: TAKEOVER *NOT* CONFIMRED

Of course, which is what I infer in the last paragraph. We obviously don't know who the other bidders are/were, so it's possible these are the best option atm. I'm concerned by a number of red flags from the limited information we know about this group. And obviously, they may not get EFL approval ...
by Stranded
28 Mar 2024 15:05
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3098
Views: 1335837

Re: TAKEOVER *NOT* CONFIMRED

The sweet spot is rich enough to invest well, but not so rich they can afford to piss it all away and it not matter to them. You want them to need success so they will take their decisions on how to invest seriously. I think we could reasonably argue that our club is indeed in the "sweet spot&...
by Stranded
28 Mar 2024 14:09
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3098
Views: 1335837

Re: TAKEOVER *NOT* CONFIMRED

I've taken a few days to process the situation and I still feel a little uneasy about the group who have supposedly been given exclusivity. I haven't read the past ten or so pages, so some of this may have come up already. If it is Chiron Sports Group, their website notes they're funded by Apeiron ...
by Stranded
28 Mar 2024 11:25
Forum: The Team
Topic: #SellBeforeWeDai (to someone fit and proper)“ supporters action group
Replies: 2658
Views: 1806819

Re: #SellBeforeWeDai (to someone fit and proper)“ supporters action group

The main question to ask is what happens if it doesn't work. The buy low, develop players, use the academy, sell high strategy sounds great. But football is competitive and these strategies are not simple to execute. If we're still in L1 in 5 years and the investors are disappointed, what's their p...
by Stranded
28 Mar 2024 10:52
Forum: The Team
Topic: #SellBeforeWeDai (to someone fit and proper)“ supporters action group
Replies: 2658
Views: 1806819

Re: #SellBeforeWeDai (to someone fit and proper)“ supporters action group

So if the rumours are correct and the prospective new owners are buying us as an Arbitrage play - with funds from various exotic industries (crypto/longevity biotech) - the protests continue or they stop? Do we want sugar daddies who gamble on making money (for themselves) in the prem or not? I was...
by Stranded
28 Mar 2024 09:27
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3098
Views: 1335837

Re: TAKEOVER *NOT* CONFIMRED

Either way, seems quite promising. If they are supposed to be our main owners, I'd not be that encouraged ... hopefully they are acting on someone else's behalf. What doesn't encourage you about them - of the 2 money men, one at least is a billionaire and both seem to have a track record of investi...
by Stranded
28 Mar 2024 09:23
Forum: The Team
Topic: #SellBeforeWeDai (to someone fit and proper)“ supporters action group
Replies: 2658
Views: 1806819

Re: #SellBeforeWeDai (to someone fit and proper)“ supporters action group

So if the rumours are correct and the prospective new owners are buying us as an Arbitrage play - with funds from various exotic industries (crypto/longevity biotech) - the protests continue or they stop? Do we want sugar daddies who gamble on making money (for themselves) in the prem or not? I was...
by Stranded
28 Mar 2024 08:44
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3098
Views: 1335837

Re: TAKEOVER *NOT* CONFIMRED

So if it is Chiron then what we have learnt over the past few days: William Storey potentially put any deal back a couple of months, and could even have scuppered a realistic deal but putting in a phantom 50m deal which put an unrealistic figure in Dai's head. Then Wycombe's interest in the training...
by Stranded
27 Mar 2024 09:58
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3098
Views: 1335837

Re: TAKEOVER *NOT* CONFIMRED

If it was the Wilf brothers then we could have won the owners jackpot. They’ve been transformational for the Vikings, who now have the best facilities, infrastructure and stadium in the NFL. Not going to get excited though until something confirmed. Would love to see football run more like the NFL....
by Stranded
26 Mar 2024 16:27
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3098
Views: 1335837

Re: TAKEOVER *NOT* CONFIMRED

https://www.chironsportsgroup.com/ Charlton fans not keen on Rifkind, but one of the backers is a Billionaire. Also not US based but Swiss based but the reports of an NA group could be wrong unless there are NA investors. We know they "walked away" so wouldn't be a surprise if they have c...
by Stranded
26 Mar 2024 14:23
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3098
Views: 1335837

Re: TAKEOVER *NOT* CONFIMRED

And the ITK accounts are back on Twitter.

A couple confirming it is 100% Generva whilst Jamie Hodder says he has been told it isn't them. :lol:
by Stranded
26 Mar 2024 14:19
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3098
Views: 1335837

Re: TAKEOVER *NOT* CONFIMRED

The big question is who with. I expect a journo will report in the next few days. I expect so, there will be no official confirmation as the EFL rules don't allow it but I would imagine one of the local journos will get a name in the neat future. Wording suggest the process could take up to 2 monts...
by Stranded
26 Mar 2024 14:10
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3098
Views: 1335837

Re: TAKEOVER *NOT* CONFIMRED

Proposed deal includes the club, stadium and Bearwood.

Now on to figuring out who it is - Generva, the Wilf Brothers or someone else entirely.
by Stranded
26 Mar 2024 14:04
Forum: The Team
Topic: Have your go at being ITK
Replies: 60
Views: 3416

Re: Have your go at being ITK

blythspartan Exclusivity announcement expected by 6pm today, or if not today tomorrow.


Wow - you are good.
by Stranded
26 Mar 2024 14:04
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3098
Views: 1335837

Re: TAKEOVER *NOT* CONFIMRED

WE HAVE EXCLUSIVITY.

THIS IS NOT A DRILL. I repeat THIS IS NOT A DRILL.
by Stranded
26 Mar 2024 10:08
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3098
Views: 1335837

Re: TAKEOVER *NOT* CONFIMRED

I really appreciate what SCL and other sponsors have done this year, but it does allow more procrastination. 7 days ago, my working assumption was we'd either have exclusivity and funding, or we'd be in arrears with HMRC which would mean 2 points deducted and a step closer to the endgame. Turns out...
by Stranded
26 Mar 2024 08:48
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3098
Views: 1335837

Re: TAKEOVER *NOT* CONFIMRED

I really appreciate what SCL and other sponsors have done this year, but it does allow more procrastination. 7 days ago, my working assumption was we'd either have exclusivity and funding, or we'd be in arrears with HMRC which would mean 2 points deducted and a step closer to the endgame. Turns out...
by Stranded
26 Mar 2024 08:31
Forum: The Team
Topic: TAKEOVER *NOT* CONFIMRED
Replies: 3098
Views: 1335837

Re: TAKEOVER *NOT* CONFIMRED

I think most of us are expecting any sale to be "dodgy" in some way at best, or complete fraud at worst. The guy has no intention of letting go if he can help it, so if he can flog it to a connection and keep some form of control or exert pressure to get money back down the way, that is li...
It is currently 28 Mar 2024 23:48