KopDweller

Casper the friendly ghost?

I take it you haven't been following The Ashes then...

The very last thing he says in the vid is, "When we're in a position to act, we'll act". From the text Kogan, "has told Sky they will seek powers". The article is from 9th October. It says what is going to happen when the IFR is up and running but events overtook the IFR because we entered Administration before that happened. 1. The IFR can't act until it actually starts operations - scheduled for November or December. 2. We went into Administration late Oct, taking care of the DC situation. Did you think the IFR should take control out of the hands of Begbies Traynor?

We were in admin before the IFR started operations. Please explain how they could get involved with the club already in admin and Chansiri out of the picture.

They didn't start operations until the start of November. The powers they needed to take action hadn't been passed through Parliament. The IFR said Wednesday were first on their list when they were up and running but we went into admin first. The IFR wasn't involved because they couldn't be.

Just make sure we win the t-o-s-s and kick downhill first half. And hope that opposition are too knackered for second half.

No, the far less talented Wilder. The subject of "Springtime For Shitler".

If they even try to claim a Blades victory would avenge Boxing Day it would be laughable. My football memory is shocking but I'm pretty sure they were top heading into that match and we were lower top half - 6th? We absolutely thrashed them against the odds. As you pointed out, our (footballing) situation is so dire atm that anything other than a home loss would be a surprise. Trying to claim equivalence to Boxing Day, if they win, would just be ridiculous.

I used to live near Winterburn. I often wondered how he'd react if I told him I was a Wednesday supporter when I bumped into him walking the dog?

Not wanting to weight in on your debate with Theoz, does this mean NAP will only get 25p in the pound on the loan debt?

Thanks for that. Your second paragraph was the bit I was missing - that anything over the loan figure + costs would go back to S3. Everything follows on from that, especially admin being the easiest path for them to get their money back. Don't blush tho. Knowledge, and gaining more of it, is something I really value as I get older.

Hi @Theoz. You seem to be very clued up on these things so could you explain something which has been bugging me since we went into admin. If NAP could enforce the charge, as highlighted above, why did they threaten to put Sheffield 3 into admin, instead of just taking possession of the property? Unless they viewed it as being too risky, based on the negative press surrounding the condition of the ground, they could have realised a higher price by simply selling to the new owners.

Don't get me wrong, I'm not against Ashley becoming our new owner, just I think there are (hopefully) better options on the table - 4/5 "real deals" according to Kris. But it's the sell-on that I have a problem with. Mandaric sold us to DC. Not saying MM did anything wrong, DC passed the EFL fitness tests, but we ended up in our current position. If Ashley is only interested in making the biggest profit from a resale he might not be too concerned about who he sells to. On the other hand the new IFR owner rules, and their ongoing sustainability tests, might stop us getting into such a bad situation in the first place.

Sorry, quoted text was just supposed to be Deluded Owl's post.

I'm hopeful that this is exactly the situation. Why (would the Administrator..) bother with the middle man when the "real deal" is in the running as well.