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I think we circled Bolton when they were in bother and got their training ground. Natural behaviour to grab a bargain when u can. But if we need 6m to get to the end of the season to survive then why not sell geldhart
But will we get pre administration market value ?….Fire sale?…Or can we hope for a bidding auction?….Boro will wallop Qpr today(pray I’m wrong)just like the others hovering around last relegation spot have suddenly started to find wins (Huddersfield, Stoke, Hull) Imperative we get enough pts to stay out bottom 3 so avoiding-12in league Only hope of Efl rescinding the -12pts is a serious legal challenge…….the tosspots certainly will dig their heels in. Like Qpr and their humongous fair play overspending……dragged on forever then a slap on the wrist. Small northern club….no hesitation in penalising us. Hope lawyers rip Efl a new rectum.
The 12 point penalty will only come into play at the end of the season. If we avoid the bottom 3 the 12 points will be deducted.
If we have more than 12 points/goal difference we survive. If we finish in the bottom 3 without any points deducted the 12 points will be deducted next season.
This can not go on forever and ever. We need lawyers to postpone the 12 points regardless were we finish. Things then will have to move super quick because this will have a major bearing on another club who will no doubt counter sue if they go down because the 12 points deduction is revoked.
For me a major fraud took place and the EFL the guardian of the Championship failed in its checks. I personally think we should take the drop and go again. It would be far easier financially to restructure from League One
And
Sell
Robinson
Geldhart
Moore
Wier
And Euxton if needed
This will go along long way to sorting this mess out. This might turn out to be a blessing in disguise. I never ever trusted these cnuts.Take the drop and go again?
Not without a massive legal challenge. There’s so much to challenge on I don’t see how the 12 points could be upheld.
I think this affair will get very complicated and time is a huge factor. The legal wrangling will drag on and if the 12 pt deduction turned round then other teams will certainly start their legal appeals. I hope it does get publicly messy to show the total ineptitude of the Efl. I can see a mini series on Netflix if this is gambling related.
There was legal wrangling over the Tevez affair, but it didn’t stop Sheffield utd from starting the next season in the 2nd tier.
Owning a dodgy player not quite same as your club being sold to faceless gangsters, immediately placing club in admin and potentially gambling money on our downfall.
Depend who you are……World Cup winners…bomb proof. I personally can’t see the deduction changing. There will be lots of noise,reassessment of the fit and proper process,investigation into the owners possible corruption…….then we’ll still get dicked and its the club and supporters who take the hit. I hope everything that’s gone on is made public….the more publicity the better as this is not administration due to mismanagement……this is far more sinister.
I personally think we have a better chance of overturning the deduction on the force majeur clause. That way the EFL avoid any scrutiny. Also saves them the inevitable deduction for the clubs that will follow soon
Taking the drop means far less of a wage bill and outgoings. If we do get new owners in they can spend less while restructuring.
I know its sh1t granted but having a club in League One is a far better option than no sale and no club at all.This is about saving our club which financially should be paramount no what Division.
The administrators know what it will take to find new owners. They will want minimum debt and a bargain. With no sugar daddy we need new owners yesterday.Never did I ever think I would see the blanket coming round like Springfield Park but this time online
Better to have a club than no cub atoll all I’m hearing is rumour here rumour there with no concrete proof I’m pretty sure if their was a concrete story here the national press will have their far Eastern contacts on it as we all argue about how hard done by we’ve been so hopefully the stories will grow but I doubt it and the 12pts will stand at the end of the day we still need a buyer or we’re doomed.
No way will we not get a buyer. Club have many assets including around 30 million pounds worth of players.
Blackpool fan here.
I feel for you and your predicament, as most fans will. We know only too well how you will be feeling. The reason for the post is to just share a few thoughts about Gerald Krasner.
GK gave evidence at the Belon v Oyston case, as an expert valuation witness for the Oystons.
It was an interesting session. He was greeted with the equivalent of a slap with a wet fish by Counsel for Mr. Belokon, who asked him why the judge in a past case (Hopkins v Dallas) has cast doubt upon the quality of his evidence. And further asked if Begbie’s past professional dealings with the Oyston family caused him any potential conflicts of interest.
He was very old school in his approach – he said (more or less) that running a football club was more art than science and that no two clubs were alike. Nevertheless he thought the value of L1 and L2 clubs fell within a fairly narrow band and thus put the value of Blackpool at (from memory) around £5-6m.
This seemed an odd conclusion, given that the club’s balance sheet showed outstanding loans to the Oystons amounting to well over £20m. Under cross-examination, he seemed completely blind-sided by this, and at the very least did not seem to know anything about what the status of those loans were. From an “expert” witness, it was a deeply unconvincing performance. Of course, if you are cynical about these things you could argue that his assessment of value was realistic, given who the loanees were. But he wasn’t in court to give evidence about that.
Anyway, having listened to him for a couple of hours, and faithfully recorded what he said, I was not at all impressed. And, as a matter of personal taste, I think he has been saying rather too much about the work he and his colleagues are doing, over the weekend. That was not the approach followed by the Receivers at Blackpool, who said very little publicly until they had something concrete to say. By contrast, Mr Krasner seems to enjoy being in the public eye.
Make of this what you will. I just thought some of you would be interested by an outside view.
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