SA you get my vote.

SA - "That will sort the enshriners from the majority." Yep, it sure will. Their politics probably mean they want others to pay for their pleasure and would be the least likely to put their hands in their pockets. Actually, thinking about it, they may contribute enough to run a poor CCL club but at least they would be able to have a beer with their mates.

I'm with Laurence of 9am, but I'm not sure we'll ever really know.

You have to feel for Ryan Bertrand, having to watch our shit matches then the deal falls through!

It may just be a case of the Club and SSC better preparing the investor(s) around the scrutiny (both our fans & EFL) that their interest would attract

Anyone who thinks we must remain fan-owned at all costs should ask the each of the 6000 or so DT members for £40k every year to cover the losses as this is what club owners are expected to do. That will sort the enshriners from the majority.

Yep, I mentioned Mir and his AI interests as soon as the deal collapse was announced/rumoured on here - it seems a far more likely reason than hurty words on Discord or Facebook or something… Anyway, that’s all speculation, but what else do we have…? His reasons don’t really matter - it’s over, so we have to move on…

I am afraid I second all that OI says below, even if you're right Trig. Bert and Meadow don't need the aggravation and I was surprised how bereft I felt during that WUPless period. I imagine others were too.

Trigger you are right, I was thinking of a CVA, which the creditors get to vote on (although some clubs have done a CVA rather than administration).

I suppose for the DT/club, the question is whether we look for another investor- knowing that our internal saboteurs will be on the case whoever comes forward, or just wait it out for administration- presumably they will try the former, but if I had been involved in setting up the previous deal I would be terminally frustrated with certain elements of the fanbase and strongly inclined to just let things play out.

Quite simply Bert has put up with a lot in providing this space for us. He doesn't need even the threat of legal action, whether such action would occur or not and be successful or not. We may all have our opinions about various groups and people in the club and Trust but if you want a space like this, you have to consider the people who bear ultimate responsibility for what appears in it.

as for being a mentor on Prince's or as now King's Trust. I was asked a number of years ago to apply, but declined, since I was mentoring elsewhere (still do), and they request a six month commitment, but it clashed with a scheduled procedure, so declined.

That thought did cross my mind a4e

[Link] Not sure if link will work!

$2 trillion was wiped off tech stocks last week. I suspect Omar Mir was well exposed, since he is heavily involved in AI.

Fair comments - just thought it was worth considering. As you say, we’ve got our own malign disrupters it seems… :(

We need a full detailed update from the club ideally today and certainly this week

I think we are more than capable of handling our own demise 😞

Don't think any other clubs are interested in our demise including the franchise.

Is there any possibility that the scuppering of this deal may have been instigated from a malign influence outside of the fan base rather than from within - I only say this because we all know of one specific town where hatred of us runs in their veins….?

Administrators decide the new owners. Bond holders would be lucky to get anything and have no say in it either way. The bonds are unprotected. That’s why people like our financial director types might sell the club’s soul rather than go into administration.

Nick I agree with that - an outside investor (even Baron Mir) would be better to wait until the club goes into administration and then take full control rather than having to continually pay service to the DT. If we wished to find a good owner post administration the best thing we could do is go into administration with the bond holders being the main creditors as they would vote on any takeover and would generally have our interests at heart.

I must have read a different Sun article. I can't see anything in it about remaining fan owned at all costs. It does dramatically talk about the club now being in disarray and with £7.5m debts plus £2.4m annual losses and without this takeover the club will crumble. Are our finances really the worst of all ELF clubs? I'm more inclined to agree with SW19army and Mr Mir pulling out is due to AI stocks.

Nice to know it’s registered btw. Who was it who told you to post that?

No meadow. They lied. People on the DTB at the time substantiated that the DTB had lied. If you want to say that they didn’t lie then that’s fine. I will disagree with you. If the DTB want to shut Wup down they will have to prove that they didn’t lie.