SD has decided to sell!!

[O'conner flood]

I'd say you're on the right lines mate.

In my opinion there's no way a different prospective buyer would risk giving Donald £10 million prior to due diligence ...

... that would be madness.

could be Suggs

 

[FulwellBri]

i have a feeling they'll cut and run, we're too toxic to bother with. shame.

There was no more toxic team than Leeds after ridsdale did his damage.
Players sold, training and stadium grounds sold. Creditors not paid etc.
Now they are almost back on their feet and imminent massive investment.
As far as toxicity is concerned we are a bowl of ice cream

 

[FulwellBri]

H

If Donald repays the loan now he'll have to add a big chunk in charges plus any shortfall of money already spent.

He'll then have little or nothing for signings.

He could however allow other buyers to do due diligence but that might go nowhere whilst, at the same time, the club may lose further value.

If he risks going down this route he could go into the summer with more players leaving.

He could end up losing more than if he sells to FPP at the value they put on the club.

He put next to nothing in when he took us on.
He has failed, if he walks away with nowt that's all he deserves

 

[Kittenmittons]

I know who'll blink first.

Like last time? Doesn't look like Donald blinked on his valuation. Not sure things have changed that give him the ability to blink, as selling to FPP only works if he can rearrange his existing debt to the club...

There's also the elephant in the room of Davison and Methven leaving and, seemingly, nothing happening regarding replacing them. That's two key people, both randomly leaving for personal reasons in the middle of a season. To me, that makes it more likely that FPP are still interested and are wanting the decks cleared before they come in. If not I'd at least expect a Davison replacement to have happened by now. They've given a loan, earmarked what it is to be spent on and won't allow Donald to sell while it's in place, board members are suddenly leaving and not being replaced. It just feels like these things might be linked

FPP don't seem incompetent though. You don't 'clear the decks' and not replace key personnel before an important transfer window, and arguably one of the most critical junctures in the club's history.

As for 'won't allow Donald to sell while it's in place', while technically true, what myself and GOM are saying over there is that it's just part of the charge sheet. Yes it could trigger a default, but that would be one of the stupidest things Donald could do given his own stakes. He'd effectively be on the hook for the £20m-30m he owes the club with no compensation. The clause isn't designed to be exercised a month after the negotiations, put it that way. It was likely to protect them from being gazumped by another party if Donald did well and our value went up accordingly.

Also the main thing is that he will not have done any of this without them being fully aware. Their takeover will either happen very quickly or not at all.

 

[Smug in Boots]

Like last time? Doesn't look like Donald blinked on his valuation. Not sure things have changed that give him the ability to blink, as selling to FPP only works if he can rearrange his existing debt to the club...
FPP don't seem incompetent though. You don't 'clear the decks' and not replace key personnel before an important transfer window, and arguably one of the most critical junctures in the club's history.

As for 'won't allow Donald to sell while it's in place', while technically true, what myself and GOM are saying over there is that it's just part of the charge sheet. Yes it could trigger a default, but that would be one of the stupidest things Donald could do given his own stakes. He'd effectively be on the hook for the £20m-30m he owes the club with no compensation. The clause isn't designed to be exercised a month after the negotiations, put it that way. It was likely to protect them from being gazumped by another party if Donald did well and our value went up accordingly.

Also the main thing is that he will not have done any of this without them being fully aware. Their takeover will either happen very quickly or not at all.

You're to be commended in your ability to change horses mid gallop.

You switch from criticism to praise and back whether it's Donald, FPP, GOM, whoever ...

... depending on what you think makes you look best.

You try to make it look as if GOM is agreeing with you, on RTG, whereas you've entirely switched your opinion.

I don't think he has any time for you whereas you seem obsessed with him, he doesn't appear to respect you or your opinions at all. There's only one person who's changed views here and it's not him. You've gone from slagging him off, on both forums, to pretending you're somehow aligned.

Never mind ...

... another day, another horse.

 

[Sunderpitt]

When the 'loan' from FPP happened it took ages to finalise, So perhaps we should not be surprised that if they do finally buy the club, it will take a while as a lot of haggling over price etc will take it's own sweet time.

 

[CoolerKing33]

I'd be very cautious with regards to any statements about signings not being affected by the decision to sell. Trying not to be negative but we have also said previously that we don't need to let big earners go but that if we do we can really strengthen the side with the money we've saved. We then offloaded almost all of them and did nothing in the transfer market that pretty much any other league one side wouldn't have been able to do. I'll very much take Donald's words with a big pinch of salt.

To be honest it's blatantly obvious that summer was the time to strengthen. He had a full year of parachute payments to come, he trusted the manager, we all knew where we'd fallen short and 3 or 4 genuinely top league one players would have seen us with a great chance of winning the league. Instead we arguably got worse. If he didn't strongly back us then I don't see why he suddenly would in a window where it's well acknowledged that you get less value, with a manager that he can't be fully certain of and when we're a long way from top 2 so even a big improvement would likely just see us in the play off lottery. I don't think we were ever going to do much in this window and definitely don't expect much now.

As for FPP, I just hope the timing is right. They were obviously interested and then something stopped them. I'd heard that they were concerned about the risk and how hard it would be to get us into the PL and that has me concerned. The main advantage of them getting involved now is that, in this league, they could gift money. All of a sudden they've basically done that with the loan. I'm worried that they did that in the hopes that Donald could use it well (mainly on staffing structure/ academy) and get us up, making it an easier decision for them to get involved. We'd be in the championship, Donald would have proven that he can run the club and they might then have formally invested, taking shares and leaving him as a minority shareholder running the club day to day.

If Donald now doesn't want to do that, or if they've decided he isn't capable of it then do FPP buy us and get their own people in, or does it simply reinforce their opinion that it's a risky industry and that it would be a massive undertaking to get us competitive so they just get their loan repaid and go off into the sunset. Without knowing their ambitions, or why it initially broke down, we simply don't know. Just hope it's resolved positively soon

Good post.

 

[ROKER REVIEW]

When the 'loan' from FPP happened it took ages to finalise, So perhaps we should not be surprised that if they do finally buy the club, it will take a while as a lot of haggling over price etc will take it's own sweet time.

I'd agree mate. "IF" it is FPP that eventually takeover, can't see it being announced for a long time. Although SD has let everyone know he will sell, I believe between himself & the American lads it will of always been at the end of this season before anything is official. All SD has wanted to get out there is that he is looking to sell, but he's been looking to sell since before last summer. He just thought he could get his price. That is not going to happen.

As supporters we can now only wait & hope the deal can be done with the Americans.

 

[Kittenmittons]

You're to be commended in your ability to change horses mid gallop.

You switch from criticism to praise and back whether it's Donald, FPP, GOM, whoever ...

... depending on what you think makes you look best.

You try to make it look as if GOM is agreeing with you, on RTG, whereas you've entirely switched your opinion.

I don't think he has any time for you whereas you seem obsessed with him, he doesn't appear to respect you or your opinions at all. There's only one person who's changed views here and it's not him. You've gone from slagging him off, on both forums, to pretending you're somehow aligned.

Never mind ...

... another day, another horse.

Wow.

First off, this is an embarrassing ad hominem attack from someone when asked a very simple question. Looking back through most of your responses, this is a pattern. You never answer questions, even asked in good faith, just throw your toys out of the pram.

Where have I criticised FPP? I think they're very savvy. The only thing you don't like is when I point out that being savvy has led them down a path that hasn't yielded a takeover.

And actually, it's GOM who has changed his opinion. He acknowledged that the money I was talking about from April left the club and went to Ellis Short for Donald's shares. This is a complete contradiction to his stance before which was that we couldn't know. He has admitted that he got too close to Donald and co and a number of people on RTG have questioned his impartiality because of it.

I don't give a **** what he thinks of me. Literally none. He has been very wrong about things and like you, is so obsessed by the old 'but I've met person x' mindset that they are suspicious of anyone contradicting their viewpoints. You both have then tried to paint me out as not a fan merely asking questions that are now being confirmed as true. I never had any reason to dislike anyone until they started giving me **** like you did above. GOM did the same in the summer, then sat down in a meeting with Charlie and swallowed the line about that close Bros loan and painted me as a bad egg just because I said that the facts didn't bear out what he was saying.

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Oh, and if you don't believe me...

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That changed which is why I am now saying we agree...

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[Comfy]

Well this post has taken a turn, can we get back to Donald ****ing off.

 

[Blyth_bucaneer]

Wow.

First off, this is an embarrassing ad hominem attack from someone when asked a very simple question. Looking back through most of your responses, this is a pattern. You never answer questions, even asked in good faith, just throw your toys out of the pram.

Where have I criticised FPP? I think they're very savvy. The only thing you don't like is when I point out that being savvy has led them down a path that hasn't yielded a takeover.

And actually, it's GOM who has changed his opinion. He acknowledged that the money I was talking about from April left the club and went to Ellis Short for Donald's shares. This is a complete contradiction to his stance before which was that we couldn't know. He has admitted that he got too close to Donald and co and a number of people on RTG have questioned his impartiality because of it.

I don't give a **** what he thinks of me. Literally none. He has been very wrong about things and like you, is so obsessed by the old 'but I've met person x' mindset that they are suspicious of anyone contradicting their viewpoints. You both have then tried to paint me out as not a fan merely asking questions that are now being confirmed as true. I never had any reason to dislike anyone until they started giving me **** like you did above. GOM did the same in the summer, then sat down in a meeting with Charlie and swallowed the line about that close Bros loan and painted me as a bad egg just because I said that the facts didn't bear out what he was saying.

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Oh, and if you don't believe me...

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That changed which is why I am now saying we agree...

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****ing hell mate, give it a rest man FFS.

 

[Kittenmittons]

****ing hell mate, give it a rest man FFS.

Have you read what smug said about me? And I come back with that and you tell me to give it a rest? No, I was very reasonable, he was the one provocatively attacking my character.

 

[worcestermakem]

Well this post has taken a turn, can we get back to Donald ****ing off.

The lad must suffer from attention deficit disorder by the way he is nitpicking and bitching.
Appropriately named with the catty comments.
We will have new owners soon so it is best to stop the speculations until one of us has ITK information or an announcement is made.

 

[Kittenmittons]

Sorry, are we living in a parallel universe? Have you even read what smug said? the guy has just character assassinated me and all I did was respond. If we all sat down and hammered you, and then jumped on you when you responded, you might feel the same.

 

[Blyth_bucaneer]

Have you read what smug said about me? And I come back with that and you tell me to give it a rest? No, I was very reasonable, he was the one provocatively attacking my character.

Fking hell man it's pixels on a screen, put him on ignore or whatever. You are just clogging the boards over and over with the same tedious ****e, for months and months now.

 

[Kittenmittons]

Fking hell man it's pixels on a screen, put him on ignore or whatever. You are just clogging the boards over and over with the same tedious ****e, for months and months now.

So if someone says all that, and is clearly listened to by the majority of the board here, you would just ignore it?

Like **** you would mate. This guy is literally saying the complete opposite of what has happened, I'm not going to let someone do that without response.

 

[Blyth_bucaneer]

So if someone says all that, and is clearly listened to by the majority of the board here, you would just ignore it?

Like **** you would mate. This guy is literally saying the complete opposite of what has happened, I'm not going to let someone do that without response.

I post on a site that is much less forgiving than this and RTG. I've had loads of ****e and not got precious about it, getting upset about what people say on the Internet is pathetic and weak IMHO.

 

[Kittenmittons]

I just responded with a very factual and reasoned post... you are the one trying to police what people can do.

 

[Blyth_bucaneer]

Your posts make my eyes bleed, take some man the fcuk up pills and crack on. Ignore click.

 

[The Norton Cat]

To be honest, this constant "I'm right", "no, I'm right" is cringeworthy from all parties. Its turned enjoyable speculation about what may happen, seasoned with some ITK and some real-world experience, into a tedious battle of egos.

I'm as guilty as anyone of getting into long-winded debates but this one is getting boring now.