Ben Tozer holding up the takeover

[deltaincline]

A very reliable source told me this morning that Fitton is being deliberately fucked around with the takeover because a certain cunt wants to sell off Ben Tozer beforehand. I'll leave you to guess who that might be and what the motives for doing that are..

I trust my contact 100%, by the way.

Can I suggest that those who have reliable contacts get on the phone right now and try to find out if this is true, because if it is, this really could be the final nail.

Lets not fuck about here. If this is true, we need to fucking know. NOW!

[sonic youth]

not only does it make perfect sense in diamandisland but i've heard the same as well.

diamandis has two options:

a) drag this out until january, sell off players like tozer and possibily brez, pocket the cash and give up.
b) use fitton to buy time from the creditors until january, sell any players possible and stave off the demise of the club in anticipation of that last big pay-off just round the corner

[Power to people]

They haven't got until Jan - Fitton will walk if this drags on as he is not going to be messed about by the likes of Diamandis

[Barry Scott]

How though?

Obvioulsy the club can have an "agreement" in place, so whoever wants him gets him in jan, but unless the takeover is postponed until jan, i can't see how, legally speaking,anyone can benefit financially until Jan?

What i mean is, if we agree to sell someone pre-transfer window, then money surel cannot be paid until the window opens as this would be outside football league rules would it not?

I'm only asking questions because i don't know and it appears you aren't sure either.

Anyone?

[Iffy's Onion Bhaji]

Deals can be agreed in principle before Jan i think but i'm not sure about payment etc.

[sonic youth]

i'm not saying it'll happen, just that in the bizzaro-world that is mike diamandis' brain, he think it's a perfectly viable option.

seven days ago i thought we wouldn't be playing brighton today, so it wouldn't surprise me if by some insane fluke of nature we manage to survive until january.

[Barry Scott]

That's a worryingly accurate post sonic.

[deltaincline]

How though?

Obvioulsy the club can have an "agreement" in place, so whoever wants him gets him in jan, but unless the takeover is postponed until jan, i can't see how, legally speaking,anyone can benefit financially until Jan?

What i mean is, if we agree to sell someone pre-transfer window, then money surel cannot be paid until the window opens as this would be outside football league rules would it not?

I'm only asking questions because i don't know and it appears you aren't sure either.

Anyone?

Tozer's value will have been assesed as part of the due diligence process. If some cunt wants to flog him before the takeover goes through, that's a variance to the fucking asset register and a probable deal breaker.

Greedy fucking money-grabbing cunts. Sefton fucking Wills better not show his ugly cunting mug in the townend today.

[wokinghamred]

not only does it make perfect sense in diamandisland but i've heard the same as well.

diamandis has two options:

a) drag this out until january, sell off players like tozer and possibily brez, pocket the cash and give up.
b) use fitton to buy time from the creditors until january, sell any players possible and stave off the demise of the club in anticipation of that last big pay-off just round the corner

If the club goes to liquidation, they cannot sell the players and pocket the cash. They would be prosecuted for defrauding the creditors. One of the roles of the liquidator is to look at cash removed from the company leading up to the liquidation and ensure that it has not been appropriated by the directors when it should have gone to the creditors.

Tozer only has a value to Diamandis if the sale to Fitton goes through. If the rumour is true, again it is just brinksmanship, with the fat Greek trying to maximise his gain, and Fitton trying to pay only a reasonable amount for the club.

Either they will agree or they won't, in which case the club will be liquidated. They will not be able to make it through to January without a feasible plan to payoff the IR and the creditors. Without that it is game over.

[Tails]

Can't help but laugh really.

[RobertT]

not only does it make perfect sense in diamandisland but i've heard the same as well.

diamandis has two options:

a) drag this out until january, sell off players like tozer and possibily brez, pocket the cash and give up.
b) use fitton to buy time from the creditors until january, sell any players possible and stave off the demise of the club in anticipation of that last big pay-off just round the corner

If the club goes to liquidation, they cannot sell the players and pocket the cash. They would be prosecuted for defrauding the creditors. One of the roles of the liquidator is to look at cash removed from the company leading up to the liquidation and ensure that it has not been appropriated by the directors when it should have gone to the creditors.

Tozer only has a value to Diamandis if the sale to Fitton goes through. If the rumour is true, again it is just brinksmanship, with the fat Greek trying to maximise his gain, and Fitton trying to pay only a reasonable amount for the club.

Either they will agree or they won't, in which case the club will be liquidated. They will not be able to make it through to January without a feasible plan to payoff the IR and the creditors. Without that it is game over.

They've managed 15 days into a Month that people claimed we'd never see without a takeover completed.  With Fitton going on holiday tomorrow, you can bet if it is all still in the balance by then it will remain so for another 2 weeks at least.  Why does a club have double digit Chief Scout attendance at a Youth game unless one of the clubs has been racking up the interest?  That to me smacks of a shopping trip arranged for the high and mighty.

The fact that the takeover is stalled by the development rights just goes to pinpoint Dimandis' take on the whole sorry affair that is our club.  Until that future prospect is either paid for or somehow completely removed from his sight, he'll see something to keep the business dribbling along on life support.

[Spencer_White]

The stupidist thing is that Ben Tozer isnt worth anywhere near 500k.

Its just Prem clubs hoovering up any young player good enough to make the first team.

[Phil_S]

not only does it make perfect sense in diamandisland but i've heard the same as well.

diamandis has two options:

a) drag this out until january, sell off players like tozer and possibily brez, pocket the cash and give up.
b) use fitton to buy time from the creditors until january, sell any players possible and stave off the demise of the club in anticipation of that last big pay-off just round the corner

If the club goes to liquidation, they cannot sell the players and pocket the cash. They would be prosecuted for defrauding the creditors. One of the roles of the liquidator is to look at cash removed from the company leading up to the liquidation and ensure that it has not been appropriated by the directors when it should have gone to the creditors.

Tozer only has a value to Diamandis if the sale to Fitton goes through. If the rumour is true, again it is just brinksmanship, with the fat Greek trying to maximise his gain, and Fitton trying to pay only a reasonable amount for the club.

Either they will agree or they won't, in which case the club will be liquidated. They will not be able to make it through to January without a feasible plan to payoff the IR and the creditors. Without that it is game over.

Didn't seem to bother the directors of Farepak, & no ones been called top account for that one. I see the "rape" of STFC to be very similar

[STFC_Gazzza]

This sounds so ridiculous its bound to be true..... Anything is possible at STFC.  

[DV]

I expect he is also trying to drag it out till after the FA Cup 3rd round game with Barnet just incase we draw big in the 4th round if we beat Barnet, which we wont.