Tommy G

I think he's going to be our main man this season and the fans are going to love him.

I agree

I'm afraid non playing staff won't have relegation clauses in their employment contracts Also afraid wages have probably gone up!

New ownership = P45

I think you are getting the facility itself confused with the culture and leadership at the club.

On the flip side a lot of teams have established and settled squads and used to playing in this league - we are also fielding 4/5 youngsters a game, despite their promise they will be very up and down all season and most of them haven't played league football before.

Correct. Give it another few hours and it's a done deal! My take is that we're likely too small scale for him. Having built his career as a multi-billion-dollar dealmaker, he's now in his early 50s, it's hard to imagine him taking on the operational drag of a third-tier football club. He is far better positioned to target a Premier League or top end Championship club, it requires a larger upfront cheque, but it offers a much more turnkey operation than what we have to offer.

If that's true, then that's not a very good strike rate

Why can't people grasp this instead of ahhhhhhhhhhhhh ADMINISTRATION ahhhhhhhhhhhh

Have I missed something where it quotes 2 players are on £30K a week +? It also won't necessarily be the highest bidder either, it could quite easily be someone who bids £10m less but has the financing in place and has a bigger chance of taking it to completion, much quicker.

Same, mine was a stag too. Absolutely nuts few days.

A much more balanced article and a decent read.

Agreed, mental place.

Or the stupidity of our own fanbase.

Absolutely - first round you never have ''access to accounts'' anyway, secondly it's not access to ''accounts'' either, LCFC will have had to engage with Big 4 or similar to provide some Financial and Tax DD reports, which will then be made available.

Yes by Sedulo whoever they are! By the looks if it in his strategic report he's provided a formal letter of support the effectively keep the club liquid, seems this wen't very south very quickly!! This isn't ever a good paragraph to have in your accounts.

After the year end we would also have to do some serious work around going concern for the auditors to sign off the accounts, this is tricky piece of work for even a profitable company with long term agreements. Gone are the days of auditors signing off accounts without some serious reassurances around going concern for 12 months + The audit world has changed massively since covid, PwC aren't going to want their name all over the news if it goes tits up as it will be high profile.

Just because the rumoured asking price is £200m doesn't mean it won't be sold for a lot less - it will all depend on two factors, the amount of serious people interested, and the appetite for KP to sell at a lower price (likely). They might accept £50m? But you wouldn't market it at that, you would market it at the largest number you could get away with, knowing you will be talked down on that number. I don't understand why people can't see or grasp this.

Nothing to do with keeping the lights on, KP are swapping money owed to them for equity, there is no cash changing hands here, its effectively a paper transaction. Given it's money owed to a parent co they won't have typical debt type installments that you get with external lenders.

Clickbait

I don’t think their in the game of asset based lending but they could use seagrave or the training ground as security

I don’t think Citi would of engaged if the market for buying is was that gloomy - they’ll be on a fee on completion which will be a few £m, if they thought it was a dead duck they wouldn’t of invested time or money into it, suspect they would of done a round of (horrific term incoming) coffee chats with a a decent chunk of the potential buying pool ahead of any formal process, it’s not like you whack a “for sale” board up and off you go.

Not until the accounts are published and then it will be 9/10 months out of date.

Both examples you've mentioned would be like trying to put out a house fire with your own piss. 1) could be getting rid of surplus stock of kit and 2) they have woken up to the holiday camp comments and introduced a small charge.

Are you behind the Johnnyhilbrant account on tik tok