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I REALLY DONT BELIEVE ANYONE WILL BUY US OUT RIGHT

Wed Mar 10, 2010 6:04 pm

While We are £30 Million in Debt and PR is still employed by Our Club.

I Believe that Would only happen if We got promoted to the Premier and thats PR's Only chance and what he is Gambling on.

Yet if we go Bust/Admin then I RECKON WE WILL BE INUNDATED WITH POTENTIAL BUYERS.

WHO WOULD BE STUPID ENOUGH TO TAKE PR'S DEBT ON ?

Re: I REALLY DONT BELIEVE ANYONE WILL BUY US OUT RIGHT

Wed Mar 10, 2010 6:08 pm

We are not a viable option at this time, there is too much debt around our club for anyone to buy us, I agree with you it really is PROMOTION OR BUST.


Ridsdale this is the situation you found yourself in at Leeds, except swap promotion for Top 4 finish in Premiership.

Re: I REALLY DONT BELIEVE ANYONE WILL BUY US OUT RIGHT

Wed Mar 10, 2010 6:19 pm

I knew no1 would buy us out right from the start but... theres still time but i really doubt it

Re: I REALLY DONT BELIEVE ANYONE WILL BUY US OUT RIGHT

Wed Mar 10, 2010 6:55 pm

No-one in their right mind is gong to come in and bail out £30 million of debt as well as buying the major shareholders out. If Guy etc were willing to do a deal then it would make it slightly more feasible, but they are hardly going to write off millions of pounds.

Anyone have a breakdown of what percentages of the shares they all hold?

Re: I REALLY DONT BELIEVE ANYONE WILL BUY US OUT RIGHT

Wed Mar 10, 2010 7:08 pm

Forever Blue wrote:While We are £30 Million in Debt and PR is still employed by Our Club.

I Believe that Would only happen if We got promoted to the Premier and thats PR's Only chance and what he is Gambling on.

Yet if we go Bust/Admin then I RECKON WE WILL BE INUNDATED WITH POTENTIAL BUYERS.

WHO WOULD BE STUPID ENOUGH TO TAKE PR'S DEBT ON ?



Of course they wont, only an idiot would buy us. I still believe and hope that admin gets us as I think its our only hope of survival.

Re: I REALLY DONT BELIEVE ANYONE WILL BUY US OUT RIGHT

Wed Mar 10, 2010 7:45 pm

Forever Blue wrote:While We are £30 Million in Debt and PR is still employed by Our Club.

I Believe that Would only happen if We got promoted to the Premier and thats PR's Only chance and what he is Gambling on.

Yet if we go Bust/Admin then I RECKON WE WILL BE INUNDATED WITH POTENTIAL BUYERS.

WHO WOULD BE STUPID ENOUGH TO TAKE PR'S DEBT ON ?



Nor do I, I bet Sam's arse is twitching too, Administration looks a dead cert, unless we make and win the playoffs.

But if McPhail and Joe and Hudson get back quick you never know the tide could turn ?????

Re: I REALLY DONT BELIEVE ANYONE WILL BUY US OUT RIGHT

Wed Mar 10, 2010 9:00 pm

Bluebina wrote:
Forever Blue wrote:While We are £30 Million in Debt and PR is still employed by Our Club.

I Believe that Would only happen if We got promoted to the Premier and thats PR's Only chance and what he is Gambling on.

Yet if we go Bust/Admin then I RECKON WE WILL BE INUNDATED WITH POTENTIAL BUYERS.

WHO WOULD BE STUPID ENOUGH TO TAKE PR'S DEBT ON ?



Nor do I, I bet Sam's arse is twitching too, Administration looks a dead cert, unless we make and win the playoffs.

But if McPhail and Joe and Hudson get back quick you never know the tide could turn ?????



All I will say is Sams been on the phone twice day lately from Lebanon.

Re: I REALLY DONT BELIEVE ANYONE WILL BUY US OUT RIGHT

Wed Mar 10, 2010 9:05 pm

I agree it's either promotion or administration.