23-02-2017, 11:15
As I read it the asking price was always 10mil for the sale but the extra 5mil was to go into the club funds to cover the shortfall created by the losses.
The so called consortium didn't actually make any firm bid, they showed intent with a offer of £10mill based on a series of stage payments and further payments when they raised more income with increased sponsorship deals, eventually paying £10 mill but over an unspecified length of time. All this is stated in the post that started the ball rolling. There is no way Allen would accept that kind of bid - nor would I, he wants to walk with no losses and a clean break. The fact that the so called consortium then just walked and supposedly some of them invested in something else begs the question were they serious or just chancers.
All the woes seem to be down to Allen and him alone with poor leadership/management skills and a very arrogant attitude. Nevertheless we cant argue that he doesn't deserve to walk away without losing money as he gave us a ground and promise. The fact he couldn't delivery and insists on employing numpties around him to take all the flack has been his downfall.
From Saint to Sinner in a couple of years.
Bobs board posters think they are so superior and know everything. They don't seem capable of actually reading what somebody posts. Everything veres off at a tangent making big assumptions and the story then rolls and rolls eventually morphing into something that bears no resemblance to fact.
The so called consortium didn't actually make any firm bid, they showed intent with a offer of £10mill based on a series of stage payments and further payments when they raised more income with increased sponsorship deals, eventually paying £10 mill but over an unspecified length of time. All this is stated in the post that started the ball rolling. There is no way Allen would accept that kind of bid - nor would I, he wants to walk with no losses and a clean break. The fact that the so called consortium then just walked and supposedly some of them invested in something else begs the question were they serious or just chancers.
All the woes seem to be down to Allen and him alone with poor leadership/management skills and a very arrogant attitude. Nevertheless we cant argue that he doesn't deserve to walk away without losing money as he gave us a ground and promise. The fact he couldn't delivery and insists on employing numpties around him to take all the flack has been his downfall.
From Saint to Sinner in a couple of years.
Bobs board posters think they are so superior and know everything. They don't seem capable of actually reading what somebody posts. Everything veres off at a tangent making big assumptions and the story then rolls and rolls eventually morphing into something that bears no resemblance to fact.