What’s going on?
- Thread starter Th10
- Start date
king_dezeeuw06
Vital Champions League
At the start of this I thought Jenkins would be potentially interested after previously looking at Charlton - he's got plenty of money after the sale of Swansea and wants back into football so it would make sense.
But after so many rumours didn't pan out i won't believe anything until it happens but I'd be very pleased if that was true as he took Swansea from a terrible position and made them very successful without ever spending excessively.
moonay
Vital Football Legend
Stumping up the £100k isn't a pre-requisite to buying us ............ merely to ensuring exclusivity in negotiating with the Admins.
SwindonLatic
Vital 1st Team Regular
Good piece this on how he wants to get back in to football. We have a lot going for us in terms of the Academy etc. maybe we could be the project he is looking for and you can be sure Bob and Jonesy will have been in his ear if true.
https://www.google.com/amp/s/www.wa...w-jenkins-interview-swansea-city-18314954.amp
https://www.google.com/amp/s/www.wa...w-jenkins-interview-swansea-city-18314954.amp
ZAKKY
Vital Football Hero
I put this on Twitter earlier today Sorry for the other day I was upset no excuse I know
@DonBoardman1
Replying to
@JayWhittle6
The potential buyer he showed round was very experienced and well-educated in the club.
Couldent be a former Owner of a white bird named club could it
10:45 AM · Aug 15, 2020·
Coddenchips
Vital Reserves Team
Please let this be true. I will be shedding tears of relief instead of sadness if this happens.
‘Micawberesque’ simple truth....but despite this careful or miserly or even sensible attitude .....as others have posted he oversaw a magnificent transformation of Swansea City over an extended period of time .....as Exiled might say he’s a course & distance winner at this game ....fingers crossed !
daleks.at.the.monaco
Vital 1st Team Regular
25% payment is about £6m.
You buy the club and all assets for £6m, possibly a bargain.
hindleymonwafc
Vital Champions League
Yes but Micawber ended up in Oz and is the great grand father of craig so don't hang yer hat on that peg.
Come on Wigan
Vital Reserves Team
Catherine Jenkins did a concert at Haigh Hall it was way less than half full
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Come on Wigan
Vital Reserves Team
Micawberesque we lived those days in the recent past, now its time for living within our means
Come on Wigan
Vital Reserves Team
PAUL STANLEY ON AUG 31 DEADLINE: “A couple of buyers dropped out then reappeared with new financiers. We decided to make it more of a contact race because nobody seemed to want to commit to £100k for exclusivity. “We are still very hopeful in finding a buyer.” #wafc 
walgarthjohn
Vital 1st Team Regular
Let’s hope so is it from the horse’s mouth
moonay
Vital Football Legend
I urge everyone to read this. You'll feel better afterwards. Still a little sickly.......but a little better.
https://thepieatnight.co.uk/26130-2
https://thepieatnight.co.uk/26130-2
king_dezeeuw06
Vital Champions League
Due to the estimated cost of the assets appearing to be close to the same as 25p in the pound of the NFL owed money i dont think the news of the loan is as bad as it may have initially felt. We were already talking about the cost of the club being 10m a few weeks ago and as low as 6m last weekend after Nixon's article so I don't think the goal posts have actually moved that much.
It would obviously be better if we weren't liable for any of it but it doesn't appear to drastically change the price we were already hearing quoted.
It would obviously be better if we weren't liable for any of it but it doesn't appear to drastically change the price we were already hearing quoted.
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NorthernSoul
Vital Reserves Team
Remove the 36m figure from the NLF and Wigan holdings and it leave us 9.7m.
That was July 1st. Since then around 4m has been brought in, 2m due from Robinson and 3.8m from incoming transfer fees.
That pays off all creditors in full aside from the owners.
That just needs the resolution of this 25.2m loan. If it has been paid back and we dont need to pay anything we could be debt free very soon and a small fee for a new owner to buy the club. If something has to be paid back then it is around 6m that a new owner would need to cover.
That was July 1st. Since then around 4m has been brought in, 2m due from Robinson and 3.8m from incoming transfer fees.
That pays off all creditors in full aside from the owners.
That just needs the resolution of this 25.2m loan. If it has been paid back and we dont need to pay anything we could be debt free very soon and a small fee for a new owner to buy the club. If something has to be paid back then it is around 6m that a new owner would need to cover.
