Hipster_Nebula wrote:They don't have the money.
And this was the best option? Questions must be asked about the administrators now.
Administrator said there were no other bids that met the criteria they'd set.
Hobson's choice apparently.
Hipster_Nebula wrote:They don't have the money.
And this was the best option? Questions must be asked about the administrators now.
Sluffy wrote:Hipster_Nebula wrote:They don't have the money.
And this was the best option? Questions must be asked about the administrators now.
Administrator said there were no other bids that met the criteria they'd set.
Hobson's choice apparently.
Hipster_Nebula wrote:Sluffy wrote:Hipster_Nebula wrote:They don't have the money.
And this was the best option? Questions must be asked about the administrators now.
Administrator said there were no other bids that met the criteria they'd set.
Hobson's choice apparently.
How can it have met the criteria when they are requiring loans from the FA to make it work. Genuine question. Surely the administrators must have questioned that, or not known.
And we're so special that 2 sets of administrators are needed.The hotel ones have been here since May but still need another 4- 6 weeks apparantly.I wonder if Ken told them to delay things because some fans booed him for not paying the bills.terenceanne wrote:One group that is being paid......the administrators.......no need to see the books on that one.
None of us knows what might happen in the next few weeks but as it stands today we cannot start the season because we can't fulfil league requirements to play all the games. Therefore on that basis alone we must be liquidated. All other arguments about who owns the hotel and who is on the board or management are irrelevant.
Growler wrote:And we're so special that 2 sets of administrators are needed.The hotel ones have been here since May but still need another 4- 6 weeks apparantly.I wonder if Ken told them to delay things because some fans booed him for not paying the bills.terenceanne wrote:One group that is being paid......the administrators.......no need to see the books on that one.
None of us knows what might happen in the next few weeks but as it stands today we cannot start the season because we can't fulfil league requirements to play all the games. Therefore on that basis alone we must be liquidated. All other arguments about who owns the hotel and who is on the board or management are irrelevant.
My guess is that we will be liquidated the Monday or Tuesday after Wycombe if a philanthropist hasn't appeared by then to pay the backdated players wages and fund this season's wages.It seems that FV can't afford the football club.FV asking the players to accept having their unpaid wages deferred for more months is garbage.
Let's hope for once he is correct.MartinBWFC wrote:Nixon saying FV have a new financial ally on board.
Probably that clown Bassini.MartinBWFC wrote:Nixon saying FV have a new financial ally on board.
Who'd have thought when that photo in your avi was taken that we'd be in this shit now?Cajunboy wrote:Probably that clown Bassini.MartinBWFC wrote:Nixon saying FV have a new financial ally on board.
Cajunboy wrote:There is some talk in another place that Fawaz Al-Hasawi is poised to step into the shoes of FV if their deal collapses.
Surely there isn't the time before the start of the season for a new deal to be completed?
It's FV or bust?
Surely though there are opportunities for someone to buy the club out of liquidation.Sluffy wrote:
He/they would have to 'buy' into FV in someway.
As long as FV has it's name on the tin, the deal can go through.
If the link between FV and the Administrator collapses, so would BWFAC and that would trigger liquidation of assets - which would mean the service the company provided - that of a football club - would be no more.
MartinBWFC wrote:Surely though there are opportunities for someone to buy the club out of liquidation.Sluffy wrote:
He/they would have to 'buy' into FV in someway.
As long as FV has it's name on the tin, the deal can go through.
If the link between FV and the Administrator collapses, so would BWFAC and that would trigger liquidation of assets - which would mean the service the company provided - that of a football club - would be no more.
Thanks Sluffy.Sluffy wrote:Cajunboy wrote:There is some talk in another place that Fawaz Al-Hasawi is poised to step into the shoes of FV if their deal collapses.
Surely there isn't the time before the start of the season for a new deal to be completed?
It's FV or bust?
He/they would have to 'buy' into FV in someway.
As long as FV has it's name on the tin, the deal can go through.
If the link between FV and the Administrator collapses, so would BWFAC and that would trigger liquidation of assets - which would mean the service the company provided - that of a football club - would be no more.
I think you can, as long as all creditors get paid.Boggersbelief wrote:MartinBWFC wrote:Surely though there are opportunities for someone to buy the club out of liquidation.
You can’t buy a business from liquidation
MartinBWFC wrote:Surely though there are opportunities for someone to buy the club out of liquidation.Sluffy wrote:
He/they would have to 'buy' into FV in someway.
As long as FV has it's name on the tin, the deal can go through.
If the link between FV and the Administrator collapses, so would BWFAC and that would trigger liquidation of assets - which would mean the service the company provided - that of a football club - would be no more.
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