Club Future - Administration or bust?

As I expected this is a very smooth and professional takeover .

Excited.

Why is Anderson such a cunt?

Sorry for the strong language but it's justified when it comes to Kenocchio. Just what is he playing at?

Ken, my hero.  If it wasn’t for him there’d be no BWFC.  God bless Ken

Didn't the EFL chief Shaun Harvey praise Anderson about a fortnight ago saying there was enough money to see the season through? Whats happened to that money,

What is the point of the EFL if it is to Punish and fine clubs then they are a superb organisation, If they are in existence to protect the member clubs then they are a bag of shit, How in gods name will taking extra measures against the club help this situation.

 I accept rules should not be broken but this is unique set of circumstance, we a founder member in existence before the EFL an organisation that would not exist without the likes of BWFC are in no way helping the situation.

 How the hell did they let a situation arise were by, no one seems to own the club, and all the bank accounts are frozen.

If we do not play these fixtyres it's RIP BWFC so step up EFL or you to are not fit for purpose.

Club NOT sold

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So Bassini turns out to be exactly the same kind of spiv as Anderson! Who would have guessed?

Administration or Liquidation You Decide!!!

MartinBWFC wrote:Club NOT sold

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 I don't believe a word of it, this is basically Kenocchio's column dressed up as club statement. Bassini doesn't yet own the club so how can he pay wages?

Norpig wrote:Why is Anderson such a cunt?

I love how you blame Anderson all the time. Perhaps it's Bassini's fault this time?

I'm not being funny with you by the way!

Igonore my comment.

I simply want to repeat a question I've asked elsewhere on the forum? Can Ken actually transfer a share certificate before the League has ratified the deal? And why would he do so if he hasn't actually been paid for it yet? I certainly wouldn't hand over a certificate and effectively transfer ownership of a business before I'd been paid for it would you?

Also, if as laurence says he's put a million quid into the club to pay the wages etc then surely it would be a simple thing to prove? Show the receipt coonfirming the transfer of funds. To me it seems like there's an awful lot of posturing and egotism going on here from both sides but surely if Bassini had made those funds available then the players would have been paid if only to avoid penalties from the EFL that would take effect next season and make the job of getting back up even harder? Throw in that if the players are not paid on time this month (ie this week in fact) and all our contracted players will automatically become free agents.

None of this posturing and sniping from either Bassini or Anderson is helping, it's making an already dreadful situation worse.

“Unfortunately Inner Circle Investments and Ken Anderson as the only director of the company cannot allow this process to continue and therefore he is now receiving independent advice from his professional advisors."
 
 
'Following recent events Inner Circle Investments sought out independent advice from professional advisors. They stated that it was not possible to continue to run the club with such a negative outlook and therefore, with deep regret, Inner Circle have been left with no alternative but to pursue a liquidation process'

JUST GET ON WIITH IT KEN AND GO FOR ADMIN BECAUSE WE HAVE HAD ENOUGH!!!

Norpig wrote:

MartinBWFC wrote:Club NOT sold

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 I don't believe a word of it, this is basically Kenocchio's column dressed up as club statement. Bassini doesn't yet own the club so how can he pay wages?

There are several ways it could happen. The most common (and used by Mike Ashley when he bought Newcastle and when he tried to buy Rangers) is by advancing the money in the form of a short term loan which would then be repaid on completion of the purchase of the club.

MartinBWFC wrote:“Unfortunately Inner Circle Investments and Ken Anderson as the only director of the company cannot allow this process to continue and therefore he is now receiving independent advice from his professional advisors."
 
 
'Following recent events Inner Circle Investments sought out independent advice from professional advisors. They stated that it was not possible to continue to run the club with such a negative outlook and therefore, with deep regret, Inner Circle have been left with no alternative but to pursue a liquidation process'

Wheres that from Martin?

At Last SOME GOOD NEWS

We have a game in hand !!!

y2johnny wrote:

MartinBWFC wrote:“Unfortunately Inner Circle Investments and Ken Anderson as the only director of the company cannot allow this process to continue and therefore he is now receiving independent advice from his professional advisors."
 
 
'Following recent events Inner Circle Investments sought out independent advice from professional advisors. They stated that it was not possible to continue to run the club with such a negative outlook and therefore, with deep regret, Inner Circle have been left with no alternative but to pursue a liquidation process'

Wheres that from Martin?

That last paragraph was on the official statement on the club's website earlier in the day but it's now been altered to say:

Unfortunately Inner Circle Investments and Ken Anderson as the only director of the company cannot allow this process to continue and therefore he is now receiving independent advice from his professional advisors. 
A further announcement will be made once a final decision has been made.