McCabe wants to sell Blades

[Flatulent_Bob]

I have no idea but I would hazard a guess that he is far richer than McCabe.

Based on what exactly? It’s been highlighted many many times that their worth is within similar lines?
What makes you think he’s far richer?

 

[bladeinspaceandtime]

Back in the mists of time, Kevin Blackwell got the boot three games into the 2010-11 season. There was a rumour McCabe wanted to appear billy big bollocks in front of a prospective investor/owner. Instead, that inspired piece of leadership instigated the clusterfuck of relegation to League 1 (if he wanted shut of Blackwell, why not get rid before the summer (or the playoff final non appearance))? Next he manages to come up with a co-ownership deal (didn’t sound good when it was announced) with a (relatively) potless Saudi. Should we have any confidence that, if he has found a buyer, they would be any good?

 

[GRUMPY BLADE]

I’m concerned tbh about the idea of McCabe winning the case and immediately selling sole ownership to an “international owner” we know absolutely nothing about. PA hasn’t been particularly visible/vocal this since, but McCabe hasn’t either in fairness. And while I think there are genuine concerns about PA, I think these are overall less than getting someone in that is unfamiliar with the club, hasn’t crucially experienced this club pre-Wilder (so if times get tough next season will be less aware of how good a job Wilder’s done taking us so rapidly from that situation in League 1), and will be more likely to want to reshape the structure at the club. People were horrified by the idea of bringing a DoF in, but realistically the role exists in some form at most PL clubs, and it’s likely a new owner would want something similar.

If we have two co-owners, one of whom is now on record as desperate to get out, one of whom hasn’t shown any indication they’re desperate to get out, why is everyone wanting the former to win this case and immediately sell on to someone we’ve no idea about?

He picks owners like he picks managers.

 

[Rodley]

Don't get it

If that's the case why are they bothering going to the High Court just to hand over half a million to the lawyers?

Well until someone has come to the table with a proposal they carry on.

If they both make a reasonable receipt, why spend the money to buy the other out only to sell on. Saves them money on abortive legal fees (will be £100,000s) and both get half out of market value. Saves any purchaser the buggeration of not getting control and putting any cash in quicker. It might be a new development.

Think of all the big money that has piled into Championship clubs trying to get into the Prem. We’re there already and with at least one motivated seller.

 

[Rodley]

According to #localhack

Probably knows more than the average joe.

 

[Flatulent_Bob]

So are Prince and talking McCabe talking. Seems to me Prince will buy and will get Saudi backing

What Saudi backing?
Have some of you just continued drinking from Saturday?

Edit: sorry Paddy, that was a touch harsh. But just making shit up based on bollocks just causes more fan frustration later on when it doesn’t happen.

 

[BigBed]

So why the interview at all then? Why state that he wants to sell up before a court battle to keep the club? I’m not sure you’ve thought about it either.

Nothing in the interview suggests he’s got a buyer lined up, as you suggest.

So why not just hand it over to the Prince then?

 

[LJBlade]

So why not just hand it over to the Prince then?

The Prince doesn’t want the stadium or academy does he? I thought that was the issue. I could be wrong though

 

[Barney]

Based on what exactly? It’s been highlighted many many times that their worth is within similar lines?
What makes you think he’s far richer?

As I said, I have no idea who is richer and neither do you.

It's my guess based on their respective business involvements.

 

[blade67]

I think there are only 4 premier league teams who make a profit, so basically the only way to make a profit is to sell the club, exit stage left Kev and stage right Prince.

Neither have the wealth to gamble us going down again. This is the optimum time to get out

Au contraire

in 2016/2017 only 2 premier league teams posted a loss. Chelsea & Sunderland

palace - hadn't filed accounts by mid 2018

Man city broke even

It's a gold mine if you get yourself organised

The Championship is where the losses are made

 

[Blade58]

Well until someone has come to the table with a proposal they carry on. If they both make a reasonable receipt, why spend the money to buy the other out only to sell on. Saves them money on abortive legal fees (will be £100,000s) and both get half out of market value. Saves any purchaser the buggeration of not getting control and putting any cash in quicker.

If the rumours are true that McCabe has a buyer lined up and adding the fact he said in his interview that he wants to pass the baton to new owners and be a supporter next season suggests someone has come to the table with an offer

These types of deals can take many months to come to fruition. With McCabe suggesting being just a supporter next season, I reckon the groundwork has already been laid.

However, I don't get the High Court scenario. That bit for me shouldn't be happening

 

[Barney]

Where's Chinese Dave when you need him stringjunior?

 

[blade67]

The Prince doesn’t want the stadium or academy does he? I thought that was the issue. I could be wrong though

that was he issue. I would think if he can he should snatch mcabes hand off for the land at market prices if he gets the club for 5 mill.

perhaps that is the answer now

 

[GRUMPY BLADE]

But does he know how to run a football club?

Does any fucker?

 

[Flatulent_Bob]

As I said, I have no idea who is richer and neither do you.

It's my guess based on their respective business involvements.

I do have an idea, they roughly have the same net worth according to all the available data. But good to see you’re just making it up based on where he was born.

 

[LJBlade]

that was he issue. I would think if he can he should snatch mcabes hand off for the land at market prices if he gets the club for 5 mill.

perhaps that is the answer now

The land the stadium is on? For what purpose?

 

[Barney]

I do have an idea, they roughly have the same net worth according to all the available data. But good to see you’re just making it up based on where he was born.

I said my guess is that the prince is richer based on both of their business involvements, I made absolutely no mention of birthplace.

 

[BigBed]

The Prince doesn’t want the stadium or academy does he? I thought that was the issue. I could be wrong though

So why would that bother McCabe if he's so eager to get shut?

 

[Rodley]

If the rumours are true that McCabe has a buyer lined up and adding the fact he said in his interview that he wants to pass the baton to new owners and be a supporter next season suggests someone has come to the table with an offer

These types of deals can take many months to come to fruition. With McCabe suggesting being just a supporter next season, I reckon the groundwork has already been laid.

However, I don't get the High Court scenario. That bit for me shouldn't be happening

The High Court is the next step in a long process. Both are contesting the ownership so if one pulls out they lose their claim. The process will keep running until a sale to a third party is agreed or the High Court rules in favour of Kev or Prince.

 

[Sharrow Snuff Mill]

If the rumours are true that McCabe has a buyer lined up and adding the fact he said in his interview that he wants to pass the baton to new owners and be a supporter next season suggests someone has come to the table with an offer

These types of deals can take many months to come to fruition. With McCabe suggesting being just a supporter next season, I reckon the groundwork has already been laid.

However, I don't get the High Court scenario. That bit for me shouldn't be happening

Agree with most of that. The fact that KM wants the club in good hands suggests it wouldn`t be the Prince. If KM has someone else lined up then the court case may be to get clarity on who is entitled do what. My concern is that KM, having boxed himself into a corner with his 50/50 deal, might , in his haste to get rid, make another iffy decision to the long term detriment of the club. The idea of pocketing Premier League cash is very likely to attract all sorts of rogues, con men, cowboys and fraudsters.

 

[Blade58]

I said my guess is that the prince is richer based on both of their business involvements, I made absolutely no mention of birthplace.

The Prince sold his business Barney

The Paper Mill went a couple of years back

I think he's now chucked a few bob into a property investment portfolio company and the rest of his time is spent doing the Sun Dream team fantasy football

 

[Snowman]

So why not just hand it over to the Prince then?

Cos it might just be a bad idea and not in the best interests of the club! FFS

 

[Cerberus Blade]

If the rumours are true that McCabe has a buyer lined up and adding the fact he said in his interview that he wants to pass the baton to new owners and be a supporter next season suggests someone has come to the table with an offer

These types of deals can take many months to come to fruition. With McCabe suggesting being just a supporter next season, I reckon the groundwork has already been laid.

However, I don't get the High Court scenario. That bit for me shouldn't be happening

I’m no lawyer, but I can explain it to you.

When he sold half the club to the Prince. for a £1, the Prince seemed to assume that this gave him rights over the related properties, it doesn’t.

So they’ve fell out over that bit.

I’ve said now for the past 2 years plus, that the solution is for both parties to settle and sell to a third party.

Let’s see what happens.

 

[blade67]

The land the stadium is on? For what purpose?

it was my understanding that PA, moved some shares around to avoid having to buy the stadium and training ground. that is what I meant by land

that offer looks like a steal now

 

[LJBlade]

So why would that bother McCabe if he's so eager to get shut?

I don’t know, you’d have to ask him.

 

[Snowman]

As I said, I have no idea who is richer and neither do you.

It's my guess based on their respective business involvements.

What respective business involvements? Please enlighten us Barney as to your studious analysis of both sets of accounts of the various interrelated businesses over the last five years for instance.

 

[BigBed]

The Prince doesn’t want the stadium or academy does he? I thought that was the issue. I could be wrong though

Cos it might just be a bad idea and not in the best interests of the club! FFS

But he wants rid of the club.
He climbed into bed with the Prince, he might aswell get fucked by him.

 

[LJBlade]

it was my understanding that PA, moved some shares around to avoid having to buy the stadium and training ground. that is what I meant by land

that offer looks like a steal now

Yeah that’s my understanding as well. What was the offer? I just assumed he didn’t want them

 

[BigBed]

I don’t know, you’d have to ask him.

I would, but the lights are off and his range isn't ont drive, so he must be out?

 

[Barney]

What respective business involvements? Please enlighten us Barney as to your studious analysis of both sets of accounts of the various interrelated businesses over the last five years for instance.

Why? Unlike some I'm not pretending to be an expert.