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I have mused previously that it seemed fairly certain that Davies was not the sole backer of the club and that maybe the sale of the club was a mechanism for somehow transferring the remaining assets to the others who had invested and had wanted to get their hands on something more tangible for themselves.
It does seem unbelievable on the face of it that Holdsworth's consortium has any conventional business plan to revive the club without seriously risking millions of loss and that asset stripping appeared to be the only sane option available to him to get money from owning the club in the short term.
It did seem a long drawn out sale for a club clearly bust and burdened with player wage debt for at the very least the next season or two, so why then was Holdsworth so keen to get his hands on it?
Clearly the Football League have the concerns over the viability of the business plan, so it seems financially risky to say the least.
A scenario whereby Davies and his fellow investors had a bust up behind the scenes and has led to a somewhat bitter split leading to the transfer of the club from Davies hands to theirs may well seem far fetched but it does explain Holdsworth group doggishness to buy the club even though it looks to be a huge financial risk he is taking on with no apparent money behind him. The links to others who feasibly are linked between Davies and Holdsworth and may have been investors behind both parties (Davies originally, now Holdsworth) - Allardyce, Brown, Reid, Anderson (football agent), etc. The hardball from Davies not to pay the tax bill and face Administration - because he knew Holdsworth would not risk the club entering Admin and risk losing out to others. And the silliness and goalpost moving he apparently carried out even though he clearly wanted to exit the club.
It probably is a load of bollocks but it does sort of fit the facts and gives us a conspiracy theory to chat about!
It does seem unbelievable on the face of it that Holdsworth's consortium has any conventional business plan to revive the club without seriously risking millions of loss and that asset stripping appeared to be the only sane option available to him to get money from owning the club in the short term.
It did seem a long drawn out sale for a club clearly bust and burdened with player wage debt for at the very least the next season or two, so why then was Holdsworth so keen to get his hands on it?
Clearly the Football League have the concerns over the viability of the business plan, so it seems financially risky to say the least.
A scenario whereby Davies and his fellow investors had a bust up behind the scenes and has led to a somewhat bitter split leading to the transfer of the club from Davies hands to theirs may well seem far fetched but it does explain Holdsworth group doggishness to buy the club even though it looks to be a huge financial risk he is taking on with no apparent money behind him. The links to others who feasibly are linked between Davies and Holdsworth and may have been investors behind both parties (Davies originally, now Holdsworth) - Allardyce, Brown, Reid, Anderson (football agent), etc. The hardball from Davies not to pay the tax bill and face Administration - because he knew Holdsworth would not risk the club entering Admin and risk losing out to others. And the silliness and goalpost moving he apparently carried out even though he clearly wanted to exit the club.
It probably is a load of bollocks but it does sort of fit the facts and gives us a conspiracy theory to chat about!
