A Little Fairy Story - Page 4

Doug · 21-09-2010, 13:51

If the club took the admin route the Administrators would look to achieve the highest price possible to secure the funds needed to satisfy the creditors. Ilyas, I would expect would have all the bases covered; nullifying any benefit to the current ownership. I hope.

Doug · 21-09-2010, 13:54

Quote:

Originally Posted by Stanleymad

True, He sends Don to do it instead

Is it not legally binding when you send a proxy to do your work......

Or is that a Pixie....

Stanleymad · 21-09-2010, 13:58

Quote:

Originally Posted by Doug

Is it not legally binding when you send a proxy to do your work......

Or is that a Pixie....

LOL I beleive so, which is what happened when the share issue was agreed earlier this year at the shareholders meeting, don was acting on behalf of the 51% [whether his or EW's]

This is now the pinnacle point thats sweating now

yonmon · 21-09-2010, 14:24

Quote:

Originally Posted by Doug

I would agree that not many would really cares what the other side may want to say; but that doesn’t mean that they shouldn’t have the opportunity to be heard. If they do block the share issue they would have to justify it, if not to us, then certainly the board. Can’t see why anyone, even Eric would want to go back to being non-league, there would be no money or kudos in it for anyone.

We could be a season or more away from all this being settled; both sides should at least try and work things through if only to support what the lads are doing on the pitch….Higher league football would bring in sponsors and money (possibly) but only if the club (broad) can be taken seriously by those other than Ilyas parting with their money. Both sides should take something like this as an opportunity to be open and transparent

And I am pleased to see that this thread has turned full circle and has now returned to it's original remit....viz..'a little Fairy Story '.

JEFF · 21-09-2010, 15:36

Quote:

Originally Posted by Doug

If the club took the admin route the Administrators would look to achieve the highest price possible to secure the funds needed to satisfy the creditors. Ilyas, I would expect would have all the bases covered; nullifying any benefit to the current ownership. I hope.

If the club took the admin route we would be docked at least 10 points

Doug · 21-09-2010, 15:39

Quote:

Originally Posted by JEFF

If the club took the admin route we would be docked at least 10 points

I know Jeff, so why would either side let it happen.

JEFF · 21-09-2010, 16:14

Quote:

Originally Posted by Doug

I know Jeff, so why would either side let it happen.

Believe me EW does not care. If he cared anything he would have been at court last year helping to save Stanley instead of sitting in the office at the Crown. He cannot afford to run a Football League club, so if it's admin and EW gets the club it will be back to non-league where, once again, he can act the big man. He has said before that he would rather see the club die than be run by Ilyas (except Ilyas wasn't the word he used)

yerself · 21-09-2010, 18:19

I never could get into fairy tales. Wasn't the character Jeff calls 'Knight in Shining Armour' once referred to as 'Fairy Godmother' in 'Cheating Clitheroe's' version of the story? It's all very confusing.