[Archived] Rovers STILL not sold.

[tony gale's mic]

Oi!! Damn right their is a difference - I cant spell properly for starters....What was you getting at? (Go on earn yourself some brownie points - you know you want to)

Sorry Hughesy.

[bringdunnback]

I think the main question is why hasn't the swing-o-meter been updated in light of the update, that's what were all waiting for.

[Jim Royle]

That's a novel way of raising transfer funds - multiple Due Diligence fees

The man John Williams is a genius

[Guest Kamy100]

People should also not rule out Saurin Shah, the one thing that he has been is open and honest with the club about the finances that he has etc. The fact that he is still around being talked to by the club says that at the very least they appreciate his honesty.

[Iceman]

i didnt think about it like that, JW is infact a genius. 5 bidders x 250 000 pounds for DD, and we will have about 1.25mill pounds for somebody in January. sweet!

[G Somerset Rover]

People should also not rule out Saurin Shah, the one thing that he has been is open and honest with the club about the finances that he has etc. The fact that he is still around being talked to by the club says that at the very least they appreciate his honesty.

Whilst he is being open and honest the last thing we want is some fella coming in without two pennies to rub together! There's no way that a guy who is hesitant to pay due dilligence fees should own a Premiership club.

[John]

Ah Mr Shah, your one of the honest ones, here's our club, we trust you....

[CrazyIvan]

After a steady course of antibiotics and some valium, I think I have had an epiphany.

Is it possible that the Mr. Ali, stuff has been just and elaborate smoke screen by the secretive Mr. X? I mean he came in banging a drum, howling about how he will be spending the worlds GNP on players and such like. While this is going on, unbeknownst to Batman and Jack Bauer, our evil genius Mr. X pays a landlord to contact a journalist and then gets another Indian buddy to start raising hell about unpaid rent and stolen funds.

Then while there is dust murking the sky, he rides in, war whooping, throws down a wedge and starts his business, while the cavalry is busy trying to track down Mr. Ali's actual home town.

Mr. Ali is nothing more than a high paid member of Mr. X's insidious takeover team and in actual fact Mr. X is the unknown contributor to WGA.

Ahh… hydrocodone I love you.

You are bonkers but very funny!

[Iceman]

i dont think Kamy meant it in that way, think what he means, is that despite not having the financial strength of say Syed or the mystery guys, he could well have a more solid base to work from. He could easily have enough money, to sustain the club over a period of time, without damaging the club with over spending and debt.

[JohnD]

People should also not rule out Saurin Shah, the one thing that he has been is open and honest with the club about the finances that he has etc. The fact that he is still around being talked to by the club says that at the very least they appreciate his honesty.

Yes indeed, honesty is much underrated isn't it?

[Bobby G]

I think this development is HUGE.

Ask yourself this, when a second party starts DD whilst another one is on the verge of supposedly sealing things tells you that they are keen, and hungry, and potentially willing to lose something (if not the whole of the 250k). They havent even made a squeak in the media anywhere. In fact outside the board-room of the club/Trust, no one definitively knows their identity, which is kudos to our club and the way it runs itself (in some aspects).

At the same time, every day that passes without WGA/Syed sealing this deal or attempting to brings others into play including the second bidder.

With the transfer window done and dusted, I dont think the club is in the rush to decide over things even if an offer is put towards it. We shouldnt be either, despite the frustration.

[rebelmswar]

Yes indeed, honesty is much underrated isn't it?

Honesty no, substance yes.

Rovers fans are very astute when it comes to owners, players, etc. and for the most case pretty well grounded. When it comes to takeovers however, we are gold diggers – we would rather jump into bed with a glitzy rich person rather than a safe homebody.

How are Preston fans when it come to these things?

[67splitscreen]

After a steady course of antibiotics and some valium, I think I have had an epiphany.

Is it possible that the Mr. Ali, stuff has been just and elaborate smoke screen by the secretive Mr. X? I mean he came in banging a drum, howling about how he will be spending the worlds GNP on players and such like. While this is going on, unbeknownst to Batman and Jack Bauer, our evil genius Mr. X pays a landlord to contact a journalist and then gets another Indian buddy to start raising hell about unpaid rent and stolen funds.

Then while there is dust murking the sky, he rides in, war whooping, throws down a wedge and starts his business, while the cavalry is busy trying to track down Mr. Ali's actual home town.

Mr. Ali is nothing more than a high paid member of Mr. X's insidious takeover team and in actual fact Mr. X is the unknown contributor to WGA.

Ahh… hydrocodone I love you.

The plot thickens at the last pau-wau.

[bluebruce]

i didnt think about it like that, JW is infact a genius. 5 bidders x 250 000 pounds for DD, and we will have about 1.25mill pounds for somebody in January. sweet!

I've been wondering about this since I read Kamy's article. This 250k, does it purely cover our costs, or is there some kind of profit we can expect to see each time it is paid? As a sort of recompense for our time and the risk of exposing our books?

Also, perhaps more crucially, do you have any idea what level of due dilligence this one is at, Kamy? I assume that this one doesn't include an exclusivity period like Syed's, or he would get rather annoyed?

[SouthAussieRover]

Well fack me sideways.

What a total anticlimax...now we have to look forward to 500 pages of drivel and 3 or 4 new threads before next weekend.

[Bobby G]

With Shah still being "in it", its one of two things.

1) The club like him as a character, and think he can make things happen with us but possibly not take us as far ahead as others might. They may be thinking Shah's character with the others clout. They may be waiting to see what happens with the others and have him as a fall back option.

2) They want to maintain a cordial respectful relationship with him and not dismiss him, even though they wont sell the club to him, cause its clear as daylight that someone else will pip Shah to it. Therefore letting time take care of the situation.

I am leaning towards 1.

[MikeB]

I would have thought that the news about a second 'serious' bidder [not Shah] was a major development.

Everybody got excited about Syed because of his PR-inspired entrance.

I have said since I first heard a whisper on the 'new' group that the fact they have said nothing, but apparently done a lot, is far more significant than we realise.

I'll say it again - they made an approach, had their meeting, went away to think about it...and are now seemingly are keen to deal.

This is a secretive bunch, which is why I have called them mystery. As many around here know from PMs I have been through about five or six potential names. One does seem the most likely. But there is no point in naming them until [a] I know for sure and I have half an idea what their intentions are.

Nicko, aap kaisey hain ?

Making progress, I hope - can you please share with us who your preferred buyer would be based upon what you know ie Uncle Ali or the one you refer to as being the most likely mystery man.

Dhan-yae-vaed.

Hindi as pronounced rather than the written spider!

[Iceman]

in other words, we are still where we are. oh well, there are still about another 8 months before the end of the season, so plenty of time to find a new buyer. And we will have more things to talk about

[67splitscreen]

I'd assume exclusivity cost 250k up front for Syed, not paying upfront suggest to me that Rovers have a bid they are relatively happy with and will give no guarantee to the new bidders that a decision will not be given before the new party completes their due diligence, hence why Shah is reluctant to commit.

[47er]

i didnt think about it like that, JW is infact a genius. 5 bidders x 250 000 pounds for DD, and we will have about 1.25mill pounds for somebody in January. sweet!

But we still won't spend it!!

[rebelmswar]

Nicko, aap kaisey hain ?

Making progress, I hope - can you please share with us who your preferred buyer would be based upon what you know ie Uncle Ali or the one you refer to as being the most likely mystery man.

Dhan-yae-vaed.

Hindi as pronounced rather than the written spider!

Mike,

What the hell are you on about?

I wonder as I swing from wondering if you are for real to are you making stuff up daily.

P.S. आपकी पत्नी कैसी है

[Hughesy]

One does seem the most likely. But there is no point in naming them until [a] I know for sure and I have half an idea what their intentions are.

The one your thinking of - is it still the name who is more like Abu Dhabi level than Syed's level?? Or has that one since been ruled out??

[T4E]

It IS big news Rev.

Another party moving significantly forwards is great news. They have obviously had enough encouragement to believe they have a real chance of doing this. Shah is struggling to compete, so these latest guys must be strong candidates IMO.

Agreed den - and the timing of the news makes it even more significant. Things have been happening this week - immediately after the period of exclusivity expired. That means other groups are out there, closely monitoring what is happening and acting swiftly when given opportunity to. To my mind this suggests they are serious bidders.

Is it possible the info released during the exclusivity period regarding Syed could have come from a rival group try to discredit his bid? This sort of rivalry amongst interested parties can only be a good thing for BRFC.

[RibbleValleyRover]

With this information coming to light about another potential bidder getting to the DD stage it has definitely increased my optimism that a deal will be done to sell the club. I am one of those that believe investment is badly needed and that a period of serious stagnation (likely under our current owners) will eventually lead to our downfall.

I am more optimistic about this mystery party than Syed to be honest. They seem to have come under the radar as they have been totally silent on the whole issue about looking to buy the club. To get this far they must also have had to show they have the funds to be a serious contender.

If I recall we didn’t hear much about Abramovich until Chelsea was on the verge of being sold. I’m not saying we will get an owner with that sort of wealth, but the lack of information coming out before a possible deal might actually turn out to be a good thing. Some people prefer to prove their intentions by actions rather than words.

[PAFELL]

Whilst he is being open and honest the last thing we want is some fella coming in without two pennies to rub together! There's no way that a guy who is hesitant to pay due dilligence fees should own a Premiership club.

I don't understand your post. The reasson Shah does not want to pay for DD is common sense. Why pay for DD if it is more likly that Syed would beat him to the purchase. What is does show is both honesty and financial prudence.