Not assuming at all just questioning why this has not been mentioned - the admins should detail both sides not just the down sides in our current predicament IMOHampton, I agree with your point re the release clause value (if that's correct), but who says that there's no wage reduction for relegation.
I'm not saying there is .............. I'm just not assuming there isn't, like you appear to be.
Why when (alledgedly) a number of potential new owners remain engaged.He’s right though, this is worse than Leeds 2004. We’ve got no choice at this point. Anything of any value whether it’s players or facilities, have to go. We have no choice!
With the ownership of the stadium, 2 training grounds and sealable player assets we are absolutely not in the same position as Leeds who owned nothing at the time - they have of course re-purchased Elland Rd and Thorpe Arch.He’s right though, this is worse than Leeds 2004. We’ve got no choice at this point. Anything of any value whether it’s players or facilities, have to go. We have no choice!
“Engaged”. Fact is, no one has put up the cash. Until they do we’re up shit creek. End of story!Why when (alledgedly) a number of potential new owners remain engaged.
Keep afloat in the interim by selling of course, en masse - no need right now - unless we are not being told the truth !
Also - which complete idiot on the former UK club board agreed to allow players to be signed with relegation release clauses at a value less than was paid for them ?
Yes "engaged" in the process as advised by the admins.“Engaged”. Fact is, no one has put up the cash. Until they do we’re up shit creek. End of story!
You make a good point because I’ve not seen anyone ask the question of the Admin about the alleged loan. How much of any sale is going back to the two people who caused this mess? However, if the loan was that much of an issue I would expect it to scare off most potential buyersThe only reason this will be taking so long, and what the administrators are not telling us is its in relation to the loan provided by EIC / NLF / what ever else they decided to call themselves.
So say someone agrees to pay our footballing debts (6m) and also 25p on the pound for our none secured debts with what the administrators tell them and then a few months later EIC/ NLF decide they want their money or it goes to court.
Not only would it mean the new owners are liable for up to 25m, that we as a club could be deducted 15 points for it! We know for sure the EFL will not help us and I believe this alone is what is stopping anyone giving the 100k and actually buying us.
I think they mentioned in an initial presser they couldn’t find evidence of the loan but we haven’t heard much since. There are so many shady elements of what has gone, it would be nice to find out the detail. Perhaps young Mr Whittle could invite Stanley and his chum to join one of his podcasts?Yes but what the administrators HAVE told us is that there is no loan secured against the club.
Now I’m sure they aren’t (indeed can’t) telling us everything but they themselves are under legal obligations and it would look very bad on them if they’ve made a very public statement about there being no loan in force ....if in fact there is ?
Course it is and like Bolton last year Leeds would never be set adrift. Again Leeds are not Wigan, Bury or Macc.He’s right though, this is worse than Leeds 2004. We’ve got no choice at this point. Anything of any value whether it’s players or facilities, have to go. We have no choice!