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25% => The Boardroom => Topic started by: Ardiles on Friday, February 23, 2007, 17:47:51



Title: Radio Swindon
Post by: Ardiles on Friday, February 23, 2007, 17:47:51
I'm stuck at work again this week.  Will anyone be calling in this time to build on Moonraker's fine performance last week?


Title: Radio Swindon
Post by: herthab on Friday, February 23, 2007, 17:55:15
I expect they're gonna break the brilliant news on the radio about the exciting loan signings he's just arranged...................................


Title: Radio Swindon
Post by: Chubbs on Friday, February 23, 2007, 18:17:00
so no loan signings, theres a suprise.


Title: Radio Swindon
Post by: sonic youth on Friday, February 23, 2007, 18:26:10
Paul D and Bob "There is no Consortium" Holt are on soon.

I'd phone in but I have nothing to say.


Title: Radio Swindon
Post by: herthab on Friday, February 23, 2007, 18:43:21
Holt is coming across as a total wanker.


Title: Radio Swindon
Post by: Iffy's Onion Bhaji on Friday, February 23, 2007, 18:44:04
Holt just spouted the same old rubbish again  :-))(


Title: Radio Swindon
Post by: herthab on Friday, February 23, 2007, 18:46:11
They're not looking to sell...........................

Buying a football club is like buying a house.........

He really thinks we're all idiots with the memory of a goldfish...............


Title: Radio Swindon
Post by: pauld on Friday, February 23, 2007, 18:46:56
To be fair, I thought Bob was a lot more constructive than on Wednesday. Still extremely worried about the CVA tho - frankly, the "trust me, I'm a supervisor" line doesn't fill me with confidence


Title: Radio Swindon
Post by: sonic youth on Friday, February 23, 2007, 18:47:51
I just phoned in and left a message, I'm starting to doubt that they'll phone me back.

sigh. I was ready for a rant.


Title: Radio Swindon
Post by: herthab on Friday, February 23, 2007, 18:49:27
Paul. How is comparing the buying of Swindon Town F.C to buying a house (You put in an offer and they get back to you) Constructive?


Title: Radio Swindon
Post by: pauld on Friday, February 23, 2007, 18:57:37
I said more constructive


Title: Radio Swindon
Post by: herthab on Friday, February 23, 2007, 18:59:19
Oh. Apologies :D


Title: Radio Swindon
Post by: Ardiles on Friday, February 23, 2007, 18:59:59
Are the calls as anti-board as they have been recently?


Title: Radio Swindon
Post by: herthab on Friday, February 23, 2007, 19:01:32
Tbh there weren't that many taken.

Most of the time was taken up with Holt and that weird bloke from the Trust :D


Title: Radio Swindon
Post by: Ardiles on Friday, February 23, 2007, 19:03:38
I'm sure Mr Davis did us proud.


Title: Radio Swindon
Post by: sonic youth on Friday, February 23, 2007, 19:06:02
The point I wanted to make was that Bob's saying the Wills family don't want to sell, yet, in a quote attributed to him on 19/9/06 he said:

"If someone came along with an offer that can be substantiated, then the board would be duty bound to put that offer to the shareholders with the appropriate recommendations."

Further to that comment, the Adver reported on 26/9/06 that:

"The director also reiterated the board was deadly serious in terms of listening to offers."

Why have the Wills family changed their mind? Were they playing games and issuing a challenge to see whether the Trust had the balls to put their money where their mouth was?

Lastly, Bob insisted that they want a concrete offer before entering into an NDA in order to do due dilligence. How on earth do you make a concrete offer for something that you're unable to gauge the value of? It'd be similar to me popping into Tesco and buying a big black box, totally unaware of the contents.

The tentative offer to express the interest in buying the club has been made - both parties admit this. The offer outlines what they intend to do and how this will be achieved but does not contain any details of finances.

Surely the logical step would be to enter into an NDA so that the Consortium can value the club and make a concrete offer if they wish. Whatever the outcome, the details of the club's finances will be kept confidential so what's the worst that can happen?

It seems like a stalling tactic to me.


Title: Radio Swindon
Post by: sonic youth on Friday, February 23, 2007, 19:06:41
Quote from: "Ardiles"
I'm sure Mr Davis did us proud.


Scousers have no place on the BBC!


Title: Radio Swindon
Post by: Simon Pieman on Friday, February 23, 2007, 19:26:47
Bob Holt makes me so angry. I've just spent the last 30mins explaining to my mum the politics of the football club. She says that I should be protesting  :D


Title: Radio Swindon
Post by: Ardiles on Friday, February 23, 2007, 19:36:24
Well if your Mum's for it, you've got to protest.  End of story!


Title: Radio Swindon
Post by: fatbury on Friday, February 23, 2007, 19:53:57
It's going to be a match not to miss for one reason or another tomorrow :mrgreen:


Title: Radio Swindon
Post by: ronnie21 on Friday, February 23, 2007, 22:40:43
I thought Paul Davies came over very well, whilst Holt made himself look a right twat! :oops:  :oops:


Title: Radio Swindon
Post by: pauld on Friday, February 23, 2007, 22:58:46
I thought hertha had it about right - I'm getting myself a TShirt made saying "Wierd bloke from the Trust"  :D


Title: Radio Swindon
Post by: WorcesterRed on Saturday, February 24, 2007, 11:30:05
Quote
The tentative offer to express the interest in buying the club has been made - both parties admit this.


.....but the point here is THAT WHEN BUYING A HOUSE, YOU PUT A PRICE ON IT AND NEGOTIATE FROM THERE.

Holt was being clever and making it easy to understand for us 'simple' folk, using the analogy of buying a house. Ed Hadwin then said to him that if you buy a house YOU SET A PRICE THAT YOU WANT AND NEGOTIATE FROM THERE.

Holt is an absolute walking PR disaster - has not got a clue - look at the cock up he made over the Wise staying/going fiasco. :blahblahblah:

Sorry for those that read this forum and thisis - have posted something similar on thisis


Title: Radio Swindon
Post by: genf_stfc on Monday, February 26, 2007, 10:50:12
Quote from: "WorcesterRed"
Quote
The tentative offer to express the interest in buying the club has been made - both parties admit this.


.....but the point here is THAT WHEN BUYING A HOUSE, YOU PUT A PRICE ON IT AND NEGOTIATE FROM THERE.

Holt was being clever and making it easy to understand for us 'simple' folk, using the analogy of buying a house. Ed Hadwin then said to him that if you buy a house YOU SET A PRICE THAT YOU WANT AND NEGOTIATE FROM THERE.

Holt is an absolute walking PR disaster - has not got a clue - look at the cock up he made over the Wise staying/going fiasco. :blahblahblah:

Sorry for those that read this forum and thisis - have posted something similar on thisis



I think the point is that when you buy a house, you go round and have a look at it first, then you get a survey done to see who actually owns the building land and rights of access, whether there are any disputes, if its likely to fall down etc etc.  Then you put an offer on it.

I would equate that to being able to have a look at the f*ing accounts for the club !


Title: Radio Swindon
Post by: Batch on Monday, February 26, 2007, 11:16:00
Actually you do usually make an offer before surveys are udertaken. No point in paying the man to survey a house if they aren't going to sell.

I hate to play devils advocate (actually I don't) but this time Bob Holt came across as quite reasonable in the BBC interview.

When I say reasonable I mean a man who had no exposure to the past boardroom cock ups would think that he had a good point.  Of course if you scratch the surface of what he said you'd see that it was in fact devoid of anything of substance and that comparing buying a house to buying a business is rdiculous.

Personally I dislike the smarmy, "I know better than you", devious, contradictory entity that is Bob Holt.


Title: Radio Swindon
Post by: WorcesterRed on Monday, February 26, 2007, 12:19:51
Quote

I think the point is that when you buy a house, you go round and have a look at it first, then you get a survey done to see who actually owns the building land and rights of access, whether there are any disputes, if its likely to fall down etc etc.  Then you put an offer on it.

I would equate that to being able to have a look at the f*ing accounts for the club !


I appreciate the point that he was TRYING to make but he cocked up - YOU DON'T BUY A HOUSE WITHOUT KNOWING THE VALUE OF IT BEFOREHAND. A seller puts a price on the house and the buyer/seller THEN NEGOTIATE.


Title: Radio Swindon
Post by: Batch on Monday, February 26, 2007, 12:31:27
Quote from: "WorcesterRed"
Quote

I think the point is that when you buy a house, you go round and have a look at it first, then you get a survey done to see who actually owns the building land and rights of access, whether there are any disputes, if its likely to fall down etc etc.  Then you put an offer on it.

I would equate that to being able to have a look at the f*ing accounts for the club !


I appreciate the point that he was TRYING to make but he cocked up - YOU DON'T BUY A HOUSE WITHOUT KNOWING THE VALUE OF IT BEFOREHAND. A seller puts a price on the house and the buyer/seller THEN NEGOTIATE.


That is indeed true!


Title: Radio Swindon
Post by: RobertT on Monday, February 26, 2007, 13:28:43
Actually it would be more like buying a flat than a house, and a flat with a very short lease from a freeholder that didn't like the present leaseholder and was owed money by them.  The Flat may or may not have some extra charges against it, and the current leasholder would be selling it with no guide price, no recent planning consents for the alterations they had made, no documentation at all in fact.  There may be very public suggestions of subsidence at this flat as well.


Title: Radio Swindon
Post by: reeves4england on Monday, February 26, 2007, 14:00:57
Quote from: "RobertT"
Actually it would be more like buying a flat than a house, and a flat with a very short lease from a freeholder that didn't like the present leaseholder and was owed money by them.  The Flat may or may not have some extra charges against it, and the current leasholder would be selling it with no guide price, no recent planning consents for the alterations they had made, no documentation at all in fact.  There may be very public suggestions of subsidence at this flat as well.
:D  I'm liking that agrument!

Listening to Bob Holt is a waste of time. It's pathetic how nobody knows what is going on at this club


Title: Radio Swindon
Post by: pauld on Monday, February 26, 2007, 14:02:59
To be fair to Bob, I think his original metaphor has been slightly overstretched during the course of this discussion :D  I'm sure he was just trying to be helpful in explaining the process to us all.


Title: Radio Swindon
Post by: WorcesterRed on Monday, February 26, 2007, 14:04:17
Quote from: "pauld"
To be fair to Bob, I think his original metaphor has been slightly overstretched during the course of this discussion :D  I'm sure he was just trying to be helpful in explaining the process to us all.


......but conveniently cocked up in doing so.......


Title: Radio Swindon
Post by: RobertT on Monday, February 26, 2007, 14:26:06
Actually, thinking about it some more, I'm guessing the flat would have technically been condemned by now, so you'd get it for a few quid at auction.