Manwell Pablo Posted 6 November 2006 Posted 6 November 2006 yep just like all his fooball and non-football businesses have gone bust. any new owner can get us bankrupt. in which case its best to continue as we are. A couple of his American teams have been wound up.
sackmycook Posted 6 November 2006 Posted 6 November 2006 A couple of his American teams have been wound up. NASL folded. if he owned us and the championship folded you could hardly blame him
Babylon Posted 6 November 2006 Posted 6 November 2006 A couple of his American teams have been wound up. Don't let the actual facts cloud your judgement. On another subject Manwell, I want to buy your house. I have leaked it to the papers that i'm going to offer you £200k for it ... will you sell to me without knowing the exact bid? It'll be a risk but a fun one, go on. I'm a really nice bloke and would never do anything iffy to you.
Daggers Posted 6 November 2006 Posted 6 November 2006 Any new owner could make us bankrupt.... What is so worrying about going bankrupt? Seriously. I can only think of one team that has folded in my lifetime. A couple of his American teams have been wound up. Many US teams were wound up, I don't see that this reflect on him personally or his abilities. If you remember, soccer was never that popular in the States.
sackmycook Posted 6 November 2006 Posted 6 November 2006 For goodness sake... the board could stick as we are now and not go bust. The long term future of the club is at stake and you seem to treat it like a flip of a coin. There is a very real chance that if it all went wrong we could end up in debt for 35m instead of 15m!!! Any new owner could make us bankrupt..... yes obviously they could, which is exactly why the board are going to seek assurances on every tiny point before they accept any deal from prospective owners. Yet you seem willing to accept it now without any knowledge of it or without know the exact risks, just because you fancy a gamble. first and foremost the board knows how rich he is, so they want as much money as possible. how can anyone forsee the future so they can get guarantees?
The Don Posted 6 November 2006 Posted 6 November 2006 Don't let the actual facts cloud your judgement. On another subject Manwell, I want to buy your house. I have leaked it to the papers that i'm going to offer you £200k for it ... will you sell to me without knowing the exact bid? It'll be a risk but a fun one, go on. I'm a really nice bloke and would never do anything iffy to you. Bit ott here and incorrect also. You do know the bid, but everyones else on here knows there is a bid but thinks it is £200K. If you don't sell you're a nutter - especially as its run down and you're not gonna get another bid on the place. You might have to go into a 1 bedroom flat, but its a lot better than a house without a roof, and sh*t all on the floor!
Daggers Posted 6 November 2006 Posted 6 November 2006 how can anyone forsee the future so they can get guarantees?
Babylon Posted 6 November 2006 Posted 6 November 2006 What is so worrying about going bankrupt? Seriously. I can only think of one team that has folded in my lifetime. Are you willing to risk being the 2nd? Or going into admin again, you think people will be out there to help us out again like last time? Especially if they don't get their full investment back. You think we could survive a 10 point deduction. Obviously it sounds ridiculous to you that people are looking at these risks. Well it is equally ridiculous that people are willing to accept an offer they know nothing about.
Swedging Posted 6 November 2006 Posted 6 November 2006 What is so worrying about going bankrupt? Seriously. Really? Chucked out of the league system would be the probable fate - like Aldershot.
Manwell Pablo Posted 6 November 2006 Posted 6 November 2006 NASL folded. if he owned us and the championship folded you could hardly blame him Thats true of his St Louis team but the San Jose Eathquakes folded because of other reasons.
Babylon Posted 6 November 2006 Posted 6 November 2006 Bit ott here and incorrect also. You do know the bid, but everyones else on here knows there is a bid but thinks it is £200K. If you don't sell you're a nutter - especially as its run down and you're not gonna get another bid on the place. You might have to go into a 1 bedroom flat, but its a lot better than a house without a roof, and sh*t all on the floor! Well my offer was only 1p.... and I remortgaged it for 20m in his name. So he is now fooked.
sackmycook Posted 6 November 2006 Posted 6 November 2006 On another subject Manwell, I want to buy your house. I have leaked it to the papers that i'm going to offer you £200k for it ... will you sell to me without knowing the exact bid? It'll be a risk but a fun one, go on. I'm a really nice bloke and would never do anything iffy to you. yes you paid £225k for your house but my mortgage lender has said its only worth £200k you cant afford to pay to run your house, so what do you do? a: keep going, and as you cant afford any home imporvements the value will drop further? b: sell at £200k theres no profit to be made but you've lived almost rent free? c: hope that someone comes in to match your £225k?
Manwell Pablo Posted 6 November 2006 Posted 6 November 2006 Really? Chucked out of the league system would be the probable fate - like Aldershot. Or Maidstone, Or Fiorentina. Not that we are saying this is going to happen. just that... YOU HAVE TO SEE A BID BEFORE YOU BACK IT, IT'S COMMON SENSE.
Ric Flair Posted 6 November 2006 Posted 6 November 2006 Are you willing to risk being the 2nd? Or going into admin again, you think people will be out there to help us out again like last time? Especially if they don't get their full investment back. You think we could survive a 10 point deduction. Obviously it sounds ridiculous to you that people are looking at these risks. Well it is equally ridiculous that people are willing to accept an offer they know nothing about. Your getting like Thracian and his one man crusade to drill in to every fan his thoughts on Sheehan, King, Mattock, Odihambo, Porter and Dodds. Give it up mate, just let them ride this out themselves on any dillusion and fantasy they like. Nobody knows the real facts, well not on here anyway.
Manwell Pablo Posted 6 November 2006 Posted 6 November 2006 yes you paid £225k for your house but my mortgage lender has said its only worth £200k you cant afford to pay to run your house, so what do you do? a: keep going, and as you cant afford any home imporvements the value will drop further? b: sell at £200k theres no profit to be made but you've lived almost rent free? c: hope that someone comes in to match your £225k? A) seeing as no one has guranteed it's 200k he could actually be offering me much less.
sackmycook Posted 6 November 2006 Posted 6 November 2006 YOU HAVE TO SEE A BID BEFORE YOU KNOCK IT, IT'S COMMON SENSE.
Manwell Pablo Posted 6 November 2006 Posted 6 November 2006 YOU HAVE TO SEE A BID BEFORE YOU KNOCK IT, IT'S COMMON SENSE. And that would be why I've not knocked it.
Babylon Posted 6 November 2006 Posted 6 November 2006 first and foremost the board knows how rich he is, so they want as much money as possible. how can anyone forsee the future so they can get guarantees? Maybe you should ask the trust what the board thinks his personal fortune is... they seemed rather dubious as to whether he actually had the money or not. You should check their posts in the last week. Sigh... of course you are not going to get guarantees about EVERYTHING!!!!! You can't guarantee results for a start, even with money. But there are things they will want to know about. Interest rates on any of his loans, when they would be repayable, what happens if he popped his cloggs, if we didn't go up what would his plans be! You don't seem interested in any of that though. You see £Â£Ã‚£Ã‚£Ã‚£Ã‚£Ã‚£Ã‚£'s and think our problems are over.
Daggers Posted 6 November 2006 Posted 6 November 2006 Are you willing to risk being the 2nd? Or going into admin again, you think people will be out there to help us out again like last time? Especially if they don't get their full investment back. You think we could survive a 10 point deduction. Obviously it sounds ridiculous to you that people are looking at these risks. Well it is equally ridiculous that people are willing to accept an offer they know nothing about. Not ridiculous mate, not ridiculous at all. TBH, debt doesn't scare me. How many times has a club like Northampton been in receivership? Three or four I think. The last time they were declared bankrupt saw them come back stronger with a better ground. I'm not saying I want this for City, but I am saying that debt isn't the end of the world. I do not understand how anyone is able to comment on the MM bid either way at the moment as none of us have any facts to go on. We all have feelings about whether we like the 'idea of Mandaric', and no one is going to change them until more details come to light. Me? I just want to see a future that involves investment in the squad, getting the ground back and moving forward. I don't see the current board providing that.
Fez of Mahrez Posted 6 November 2006 Posted 6 November 2006 This is an awful lot of words about nothing.
Daggers Posted 6 November 2006 Posted 6 November 2006 YOU HAVE TO SEE A BID BEFORE YOU KNOCK IT, IT'S COMMON SENSE. Can I knock the use of font?
Daggers Posted 6 November 2006 Posted 6 November 2006 This is an awful lot of words about nothing. FezPost
Manwell Pablo Posted 6 November 2006 Posted 6 November 2006 This is an awful lot of words about nothing. It's been a slow day at the office.
Fez of Mahrez Posted 6 November 2006 Posted 6 November 2006 It's been a slow day at the office. Busiest morning I've ever worked, as you can probably tell from my almost total lack of posting. It's getting ludicrous though, people are arguing against each other when they have virtually the same opinion!
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