Buzz 306 Posted May 12, 2012 Share Posted May 12, 2012 This is just a post to raise a couple of points here.First of all, Kennedy has always claimed he will be the 'last man standing' in this bidding process. Interpret that as you will, but for me, I believe it means that the bidding process is full of chancers and people who will bail once they see the clubs finances.Secondly, Kennedy is a businessman. He cut his teeth in construction, arguably the hardest of all industries to become successful in. His companies are massive in the construction world, make no mistake about it. I would imagine this guy knows what he's doing when it comes to acquiring companies.Third, his press conference last night. Very much a case of grandstanding, and his whole "We're out of the bidding process" was almost immediately dispelled as he sent an email to D&P last night saying that his phone would be on all night. The fact we haven't had a PB named as expected for me means that something has hit a snag in the CG consortium.All in all, I don't think this saga is anywhere near completion. What I do think however, is that Brian Kennedy and TBK's will eventually become our owners. But we're going to have to wait for it. Quote Link to post Share on other sites More sharing options...
andymcg1986 259 Posted May 12, 2012 Share Posted May 12, 2012 Hope yer right Quote Link to post Share on other sites More sharing options...
WWTC 2,257 Posted May 12, 2012 Share Posted May 12, 2012 This is just a post to raise a couple of points here.First of all, Kennedy has always claimed he will be the 'last man standing' in this bidding process. Interpret that as you will, but for me, I believe it means that the bidding process is full of chancers and people who will bail once they see the clubs finances.Secondly, Kennedy is a businessman. He cut his teeth in construction, arguably the hardest of all industries to become successful in. His companies are massive in the construction world, make no mistake about it. I would imagine this guy knows what he's doing when it comes to acquiring companies.Third, his press conference last night. Very much a case of grandstanding, and his whole "We're out of the bidding process" was almost immediately dispelled as he sent an email to D&P last night saying that his phone would be on all night. The fact we haven't had a PB named as expected for me means that something has hit a snag in the CG consortium.All in all, I don't think this saga is anywhere near completion. What I do think however, is that Brian Kennedy and TBK's will eventually become our owners. But we're going to have to wait for it.Very much agree Quote Link to post Share on other sites More sharing options...
Leeds_Bear 8,166 Posted May 12, 2012 Share Posted May 12, 2012 Tomorrow will be interesting Quote Link to post Share on other sites More sharing options...
pcbear 10,924 Posted May 12, 2012 Share Posted May 12, 2012 Show us your dough BK, duff and phelps are sick of asking. Quote Link to post Share on other sites More sharing options...
Sobatai 70 Posted May 12, 2012 Share Posted May 12, 2012 Trouble is, he said that a CVA was impossible unless his people were in Ibrox at 9:00am this morning. I'm guessing that they weren't. How stupid is he going to look, after his "blood on their hands" rhetoric if he comes back on Monday with a tale about a new bid and a CVA still being possible? Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted May 12, 2012 Share Posted May 12, 2012 might be. I'm not so sure. one things certain the value of the club drops daily. Quote Link to post Share on other sites More sharing options...
allanh91 75 Posted May 12, 2012 Share Posted May 12, 2012 Would love to see BK at our helm, but we would either need further investment from him, or some outside party who would want something in return for said investment. Quote Link to post Share on other sites More sharing options...
ger50champ 300 Posted May 12, 2012 Share Posted May 12, 2012 This is just a post to raise a couple of points here.First of all, Kennedy has always claimed he will be the 'last man standing' in this bidding process. Interpret that as you will, but for me, I believe it means that the bidding process is full of chancers and people who will bail once they see the clubs finances.Secondly, Kennedy is a businessman. He cut his teeth in construction, arguably the hardest of all industries to become successful in. His companies are massive in the construction world, make no mistake about it. I would imagine this guy knows what he's doing when it comes to acquiring companies.Third, his press conference last night. Very much a case of grandstanding, and his whole "We're out of the bidding process" was almost immediately dispelled as he sent an email to D&P last night saying that his phone would be on all night. The fact we haven't had a PB named as expected for me means that something has hit a snag in the CG consortium.All in all, I don't think this saga is anywhere near completion. What I do think however, is that Brian Kennedy and TBK's will eventually become our owners. But we're going to have to wait for it.My thoughts exactly pal and a cracking post .Hope it comes to pass .Ally ,Big hately and Dukebox were there last night and they looked gutted .Met Coisty ,Shook his hand and said stay strong for us all and he said definitely .Couldnt help myself being a tit and saying we love you Ally but I'm sure it was appreciated Quote Link to post Share on other sites More sharing options...
ace1 49 Posted May 12, 2012 Share Posted May 12, 2012 ............What I do think however, is that Brian Kennedy and TBK's will eventually become our owners. But we're going to have to wait for it.Not unless they offer a helluva lot more than just a paultry £2m upfront they wont!! Quote Link to post Share on other sites More sharing options...
ger50champ 300 Posted May 12, 2012 Share Posted May 12, 2012 Trouble is, he said that a CVA was impossible unless his people were in Ibrox at 9:00am this morning. I'm guessing that they weren't. How stupid is he going to look, after his "blood on their hands" rhetoric if he comes back on Monday with a tale about a new bid and a CVA still being possible?Good point but that stupid look will be reserved for the anti TBK brigade on here Quote Link to post Share on other sites More sharing options...
Buzz 306 Posted May 12, 2012 Author Share Posted May 12, 2012 Not unless they offer a helluva lot more than just a paultry £2m upfront they wont!!They are offering 5m up front, according to yesterdays press conference. Quote Link to post Share on other sites More sharing options...
islandblue 366 Posted May 12, 2012 Share Posted May 12, 2012 Hope this is true Quote Link to post Share on other sites More sharing options...
californiadreamin52 339 Posted May 12, 2012 Share Posted May 12, 2012 Timing is everything but you can run out of time and he is not in pole position Quote Link to post Share on other sites More sharing options...
ace1 49 Posted May 12, 2012 Share Posted May 12, 2012 Trouble is, he said that a CVA was impossible unless his people were in Ibrox at 9:00am this morning.A CVA is NOT impossible, despite what he said. A CVA could be arranged at ANY time.What might be a long-shot is getting a CVA in place for the start of the new season. But a CVA is NEVER impossible to arrange any time from now. Quote Link to post Share on other sites More sharing options...
mick1271 532 Posted May 12, 2012 Share Posted May 12, 2012 I wouldn't rule it out . Kennedy has been in and out more times than a hokey cokey .I would like Kennedy to get it but will get behind whoever takes over . Quote Link to post Share on other sites More sharing options...
allanh91 75 Posted May 12, 2012 Share Posted May 12, 2012 Kennedy mentioned a newco before. If TBK come back in it will HAVE to be newco. Considering they don't even have the funding at present to guarantee a CVA. Quote Link to post Share on other sites More sharing options...
ray 105 Posted May 12, 2012 Share Posted May 12, 2012 This is just a post to raise a couple of points here.First of all, Kennedy has always claimed he will be the 'last man standing' in this bidding process. Interpret that as you will, but for me, I believe it means that the bidding process is full of chancers and people who will bail once they see the clubs finances.Secondly, Kennedy is a businessman. He cut his teeth in construction, arguably the hardest of all industries to become successful in. His companies are massive in the construction world, make no mistake about it. I would imagine this guy knows what he's doing when it comes to acquiring companies.Third, his press conference last night. Very much a case of grandstanding, and his whole "We're out of the bidding process" was almost immediately dispelled as he sent an email to D&P last night saying that his phone would be on all night. The fact we haven't had a PB named as expected for me means that something has hit a snag in the CG consortium.All in all, I don't think this saga is anywhere near completion. What I do think however, is that Brian Kennedy and TBK's will eventually become our owners. But we're going to have to wait for it.Show us the money through one of your many broken windows. Quote Link to post Share on other sites More sharing options...
ace1 49 Posted May 12, 2012 Share Posted May 12, 2012 They are offering 5m up front, according to yesterdays press conference.No, they're not. £3.5m of that is from transfer money due in on 1st June from other clubs. Their offer upfront is ONLY £2m. However, even at £5 - £5.5m that's still lower than ANY other bid, or lower than liquidation would raise, hence the reason they were knocked back. Quote Link to post Share on other sites More sharing options...
Sobatai 70 Posted May 12, 2012 Share Posted May 12, 2012 Good point but that stupid look will be reserved for the anti TBK brigade on hereI suppose that would include me. But I've looked stupid before. I just think they're peddling unrealistic fantasies of a New Jerusalem that I don't think can exist. The immediate future has to be pain. To be looking at a Euro-bounty in years two and three is just a fantasy. Quote Link to post Share on other sites More sharing options...
Buzz 306 Posted May 12, 2012 Author Share Posted May 12, 2012 No, they're not. £3.5m of that is from transfer money due in on 1st June from other clubs. Their offer upfront is ONLY £2m. However, even at £5 - £5.5m that's still lower than ANY other bid, or lower than liquidation would raise, hence the reason they were knocked back.No, Kennedy clearly stated that the 3.5m of debtors was separate in the interview. Quote Link to post Share on other sites More sharing options...
mick1271 532 Posted May 12, 2012 Share Posted May 12, 2012 A CVA is NOT impossible, despite what he said. A CVA could be arranged at ANY time.What might be a long-shot is getting a CVA in place for the start of the new season. But a CVA is NEVER impossible to arrange any time from now.I would take a 10 point deduction for next season if it meant a delayed cva and no liquidation . Don't know if it would mean another season of no euro football though Quote Link to post Share on other sites More sharing options...
Sobatai 70 Posted May 12, 2012 Share Posted May 12, 2012 A CVA is NOT impossible, despite what he said. A CVA could be arranged at ANY time.What might be a long-shot is getting a CVA in place for the start of the new season. But a CVA is NEVER impossible to arrange any time from now.So, what you're saying is that he was fibbing? Isn't that the sole preserve of Duff and Phelps? What other fibs might he have come out with in the press conference? Quote Link to post Share on other sites More sharing options...
tommy2212 151 Posted May 12, 2012 Share Posted May 12, 2012 Hope you're right mate i really do cause id stick a 100 quid on this ''green consortium'' being a load of bollocks like the rest. Quote Link to post Share on other sites More sharing options...
gunslinger 270 Posted May 12, 2012 Share Posted May 12, 2012 I would take a 10 point deduction for next season if it meant a delayed cva and no liquidation . Don't know if it would mean another season of no euro football thoughno we have until march before another euro ban kicks in. Quote Link to post Share on other sites More sharing options...
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