CONFRIMATION of the CONFIMRED

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Sutekh
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Re: TAKEOVER *NOT* CONFIMRED

by Sutekh » 14 Mar 2024 09:02

Right, ready for the fall out of flogging off Bearwood? How many prospective buyers will now walk away from negotiations? Stuck with Dai for another 12 months+ maybe?

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Green
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Re: TAKEOVER *NOT* CONFIMRED

by Green » 14 Mar 2024 09:06

Winston Biscuit I generally stay pretty positive on things and have always just thought it would all work out fine for us in the end (in either L2 or at worst the Conf), but this does feel pretty desperate now.

Yeh this is the first moment I've thought there may not be a way out of this.

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Green
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Re: TAKEOVER *NOT* CONFIMRED

by Green » 14 Mar 2024 09:07

I'd like a commitment from hobnob that whatever happens he will at least keep this forum going.

It may be all we have left.

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Re: TAKEOVER *NOT* CONFIMRED

by Hound » 14 Mar 2024 09:08

Interested to know how Wycombe can afford the facility and upkeep. Doesn’t that much sense to me really. They don’t have a proper academy or a women’s teams. Or an u21 team at any sort of level afaik

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Re: TAKEOVER *NOT* CONFIMRED

by Green » 14 Mar 2024 09:10

Hound Interested to know how Wycombe can afford the facility and upkeep. Doesn’t that much sense to me really. They don’t have a proper academy or a women’s teams. Or an u21 team at any sort of level afaik

Well they've bought it at a knock down price for a start. From a purely commercial viewpoint that can't be a bad deal for them.


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Winston Biscuit
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Re: TAKEOVER *NOT* CONFIMRED

by Winston Biscuit » 14 Mar 2024 09:10

Green I'd like a commitment from hobnob that whatever happens he will at least keep this forum going.

It may be all we have left.


plot twist - HNA was bought by Dai as part of the RFC purchase, he has it registered in another company name and its been the stumbling block in the negotiations. prospective new owners have said they are happy taking on AE & General Football, but no way are they paying all that for Classified and Meeting Up

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Re: TAKEOVER *NOT* CONFIMRED

by Hound » 14 Mar 2024 09:13

Green
Hound Interested to know how Wycombe can afford the facility and upkeep. Doesn’t that much sense to me really. They don’t have a proper academy or a women’s teams. Or an u21 team at any sort of level afaik

Well they've bought it at a knock down price for a start. From a purely commercial viewpoint that can't be a bad deal for them.


Yep indeed. Though again it’s resell value can’t be high so maybe paid more like a market rate for it

Think they must surely be looking at either reducing the size of it and selling some off or commercial agreements with other teams (possibly us)
Last edited by Hound on 14 Mar 2024 09:14, edited 1 time in total.

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Green
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Re: TAKEOVER *NOT* CONFIMRED

by Green » 14 Mar 2024 09:14

Winston Biscuit
Green I'd like a commitment from hobnob that whatever happens he will at least keep this forum going.

It may be all we have left.


plot twist - HNA was bought by Dai as part of the RFC purchase, he has it registered in another company name and its been the stumbling block in the negotiations. prospective new owners have said they are happy taking on AE & General Football, but no way are they paying all that for Classified and Meeting Up

All hinges on the moderator lineup for me, will they be bringing in their own staff?

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Re: TAKEOVER *NOT* CONFIMRED

by PieEater » 14 Mar 2024 09:17

Do the club own the training ground or is it another company linked to Dai? ie if he sells the training ground for £20m presumably that money goes to him not to the club.

It's still up to him if he gives any of these funds to the club to complete the season.

There was a useful picture someone posted of the company structures that would probably explain it best.


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Winston Biscuit
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Re: TAKEOVER *NOT* CONFIMRED

by Winston Biscuit » 14 Mar 2024 09:17

Green
Winston Biscuit
Green I'd like a commitment from hobnob that whatever happens he will at least keep this forum going.

It may be all we have left.


plot twist - HNA was bought by Dai as part of the RFC purchase, he has it registered in another company name and its been the stumbling block in the negotiations. prospective new owners have said they are happy taking on AE & General Football, but no way are they paying all that for Classified and Meeting Up

All hinges on the moderator lineup for me, will they be bringing in their own staff?


no 2024 mongtage, no sale.

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Re: TAKEOVER *NOT* CONFIMRED

by Clyde1998 » 14 Mar 2024 09:18

PieEater Do the club own the training ground or is it another company linked to Dai? ie if he sells the training ground for £20m presumably that money goes to him not to the club.

It's still up to him if he gives any of these funds to the club to complete the season.

There was a useful picture someone posted of the company structures that would probably explain it best.

The club owns it through a subsidiary.

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Re: TAKEOVER *NOT* CONFIMRED

by Stranded » 14 Mar 2024 09:19

Hound Interested to know how Wycombe can afford the facility and upkeep. Doesn’t that much sense to me really. They don’t have a proper academy or a women’s teams. Or an u21 team at any sort of level afaik


I would imagine it isn't being bought by Wycombe but the owner via one of his investment companies. He is on record as saying he wants to sell Wycombe in 3 or 4 years, and having a state of the art training ground bought under market value will boost the value he could get - esp if it helps them get into the Champ and stay there.

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Re: TAKEOVER *NOT* CONFIMRED

by Stranded » 14 Mar 2024 09:22

Bucks Free Press reporting a statement due shortly - so yeah, all done, as unlikely to be a "we don't what you are talking about" type of statement.


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Re: TAKEOVER *NOT* CONFIMRED

by Hound » 14 Mar 2024 09:23

Stranded
Hound Interested to know how Wycombe can afford the facility and upkeep. Doesn’t that much sense to me really. They don’t have a proper academy or a women’s teams. Or an u21 team at any sort of level afaik


I would imagine it isn't being bought by Wycombe but the owner via one of his investment companies. He is on record as saying he wants to sell Wycombe in 3 or 4 years, and having a state of the art training ground bought under market value will boost the value he could get - esp if it helps them get into the Champ and stay there.


Potentially; though can see it actually making them harder to sell - it’s not a big club and might make them unaffordable

Guess in another lifetime we might even end up buying it back

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 14 Mar 2024 09:30

Hound
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Hound Interested to know how Wycombe can afford the facility and upkeep. Doesn’t that much sense to me really. They don’t have a proper academy or a women’s teams. Or an u21 team at any sort of level afaik


I would imagine it isn't being bought by Wycombe but the owner via one of his investment companies. He is on record as saying he wants to sell Wycombe in 3 or 4 years, and having a state of the art training ground bought under market value will boost the value he could get - esp if it helps them get into the Champ and stay there.


Potentially; though can see it actually making them harder to sell - it’s not a big club and might make them unaffordable

Guess in another lifetime we might even end up buying it back

They must be viewing the possibility of selling to property developers. It didn't make sense for us to maintain such a massive training ground, let alone Wycombe with their 5k attendances.

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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 14 Mar 2024 09:38

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blythspartan That’s it for me we’re dead.

The only shed of light I can see is we share the training ground with Wycombe and maybe Dai sells the club and stadium for next to nothing. I want to hear something official from the club and there needs to be an announcement today.

Hasn't the main interested party just walked?

We're done, we've been done since we were lied to about a sale in October. The one thing of genuine value is gone, with no alternative training ground. Not just the value of the club just plummeted, but the costs of buying now include building a nee training ground or being beholden to Wycombe.


Athletic reported a group has walked. We have no idea if they were the "one in the lead" Howe refers to, or one of the other interested parties.

Either way, if one group has walked - quite likely others have or will too - unless they spy a better deal on the stadium. Who knows, club may appeal more to someone like a Mike Ashley now given he was most interested in the stadium.

May have misinterpreted a post from you.

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Re: TAKEOVER *NOT* CONFIMRED

by Stranded » 14 Mar 2024 09:38

WestYorksRoyal
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I would imagine it isn't being bought by Wycombe but the owner via one of his investment companies. He is on record as saying he wants to sell Wycombe in 3 or 4 years, and having a state of the art training ground bought under market value will boost the value he could get - esp if it helps them get into the Champ and stay there.


Potentially; though can see it actually making them harder to sell - it’s not a big club and might make them unaffordable

Guess in another lifetime we might even end up buying it back

They must be viewing the possibility of selling to property developers. It didn't make sense for us to maintain such a massive training ground, let alone Wycombe with their 5k attendances.


More likely they will try and lease back a lot of it to us - they get the pick of the facilities and we work around them.

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Winston Biscuit
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Re: TAKEOVER *NOT* CONFIMRED

by Winston Biscuit » 14 Mar 2024 09:39

can we share a training ground with Wycombe? pay them rent and continue using it

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 14 Mar 2024 09:40

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Hound
Potentially; though can see it actually making them harder to sell - it’s not a big club and might make them unaffordable

Guess in another lifetime we might even end up buying it back

They must be viewing the possibility of selling to property developers. It didn't make sense for us to maintain such a massive training ground, let alone Wycombe with their 5k attendances.


More likely they will try and lease back a lot of it to us - they get the pick of the facilities and we work around them.

I would suggest agreeing a lease back deal with us in our current situation is not smart business.

It would be objectively funny if this causes Wycombe financial distress in a couple of years.

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MouldyRoyal
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Re: TAKEOVER *NOT* CONFIMRED

by MouldyRoyal » 14 Mar 2024 09:40

SLBs are a pretty common way of securing finance at the cost of weakening the balance sheet.

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