Court case tomorrow (Monday)
I personally think it's already been agreed between Anderson, Holdsworth and BM what will happen.
As far as anybody knows the only assets in SSBWFC are Holdsworth's shares in the club.
The loan from BM is to SSBWFC and I don't think Holdsworth as ever made a repayment on it.
Anderson said recently he had bought a wodge of Holdsworth shares for a 'substantial' amount.
I'm guessing he's not bought them without BM being involved in some way.
I think the deal might be something along the lines that the amount Anderson paid for the shares is the same amount BM want to renegotiate the agreement with Anderson - for a better deal - lower interest rates / longer repayment period, etc.
I guess there is no other creditor for SSBWFC so BM can seek compulsory liquidation being the main (or only) creditor - and it takes the cash rather than having to bother about shares in a business it never wanted to part own any way.
Holdsworth walks away with whatever he made on the million pound set up fee he charged for fixing up the loan, Anderson gets most if not all of the shares and BM gets some payment and a direct deal with Anderson and the club.
That's my best guess - I might be miles off the mark though!
I personally think it's already been agreed between Anderson, Holdsworth and BM what will happen.
As far as anybody knows the only assets in SSBWFC are Holdsworth's shares in the club.
The loan from BM is to SSBWFC and I don't think Holdsworth as ever made a repayment on it.
Anderson said recently he had bought a wodge of Holdsworth shares for a 'substantial' amount.
I'm guessing he's not bought them without BM being involved in some way.
I think the deal might be something along the lines that the amount Anderson paid for the shares is the same amount BM want to renegotiate the agreement with Anderson - for a better deal - lower interest rates / longer repayment period, etc.
I guess there is no other creditor for SSBWFC so BM can seek compulsory liquidation being the main (or only) creditor - and it takes the cash rather than having to bother about shares in a business it never wanted to part own any way.
Holdsworth walks away with whatever he made on the million pound set up fee he charged for fixing up the loan, Anderson gets most if not all of the shares and BM gets some payment and a direct deal with Anderson and the club.
That's my best guess - I might be miles off the mark though!