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Post by Detective Boyle on Mar 24, 2023 10:44:06 GMT 1
It seems DH finally manouvered himself into a corner. He had 2 choices in the end...put the club in Adminstation and lose all his money, or strike a deal with this US consortium by writing off his loans...either way he was a bust flush but the latter option makes him look better . That’s incorrect DH could have opted for Liquidation option,and not had to bother with all the additional grief. Thank the lord our merciless saviour didn’t opt for liquidation, we really do have so much to be thankful for
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Post by runner76 on Mar 24, 2023 10:48:44 GMT 1
More twists and turns than Ryan Giggs in his prime this story. From the relief yesterday alarm bells are ringing again that we somehow have ended up with a 3rd choice option, whoever that might be. The clues tell us they attended the Coventry game but bizarrely we don’t know who attended. Why are alarm bells ringing as the only facts we know are the club has been 100% sold?……surely you need to wait and see who the group are before any bells ring?…..
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Post by mooythegoat on Mar 24, 2023 10:48:47 GMT 1
That’s incorrect DH could have opted for Liquidation option,and not had to bother with all the additional grief. Thank the lord our merciless saviour didn’t opt for liquidation, we really do have so much to be thankful for Imagine buying a football club and expecting to not have to fund it with your own money.... The Hoylebots really are a special bunch.
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Post by artysid on Mar 24, 2023 11:14:49 GMT 1
I’m guessing Dean has probably lost around 10 to 15% of his wealth (maybe 1% for every year in charge) as a consequence of having the opportunity to run the Club. I’d have taken that if it had been offered.
His time in charge has provide me, others (and I hope himself) with some glorious memories and fantastic days out. Thank you Dean.
However IMO he’s made mistakes. Had he not he’d probably have left with his debt repaid and the Club, the fans, and himself in a happier place than they all are now.
It would appear he structured the first sell off of the Club to Phil in such a way as to enable the debt to him to be repaid. Not only did this not work but it resulted in him pumping even more money into the Club.
I hear the clamour for apologies now a new deal is done, but I know sod all about the deal. Were there more than one deal on the table? Did one favour Dean more than the Club or vice versa? Was one most favourable to both? Which did he chose? I don’t know and probably never will.
I hear the clamour for apologies now it appears he’s written off his debt, but did he have any other option other than administration? I can’t see he did.
However we should thank him for pumping more money into the Club after Phil went bust. He didn’t have to, and if he hadn’t we’d be in a far darker place than we are now. Whether or not he did it because of his love for the Club or because he was clinging to a belief that he might still get his money back we’ll probably never know, but in a sense it doesn’t matter. He saved the Club.
Moving forward I hope he still continues to support the Team and shares with us all the good times and the bad times that lie ahead. From one (albeit a bit older) Hecky lad to another I’d happily buy him a pint if I ever get the opportunity, and share our memories of past times.
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Post by portugalterrier on Mar 24, 2023 11:17:50 GMT 1
Thank the lord our merciless saviour didn’t opt for liquidation, we really do have so much to be thankful for Imagine buying a football club and expecting to not have to fund it with your own money.... The Hoylebots really are a special bunch. And the entitlement of spending other peoples money, and criticising when they don’t spend enough to satisfy the entitleds requirements goes on.Be careful what you wish for, it may not meet your demanding requirements.
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Post by Mastercracker on Mar 24, 2023 11:18:52 GMT 1
Could have liquidated us, fuck me. Fan owner liquidates his own football club, a likely tale.
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prepare
Darren Bullock Terrier
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Post by prepare on Mar 24, 2023 11:42:18 GMT 1
More twists and turns than Ryan Giggs in his prime this story. From the relief yesterday alarm bells are ringing again that we somehow have ended up with a 3rd choice option, whoever that might be. The clues tell us they attended the Coventry game but bizarrely we don’t know who attended. Why are alarm bells ringing as the only facts we know are the club has been 100% sold?……surely you need to wait and see who the group are before any bells ring?….. panic full stop dear me let’s wait eh!! Some chance of that on here
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prepare
Darren Bullock Terrier
Posts: 952
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Post by prepare on Mar 24, 2023 11:43:00 GMT 1
More twists and turns than Ryan Giggs in his prime this story. From the relief yesterday alarm bells are ringing again that we somehow have ended up with a 3rd choice option, whoever that might be. The clues tell us they attended the Coventry game but bizarrely we don’t know who attended. Why are alarm bells ringing as the only facts we know are the club has been 100% sold?……surely you need to wait and see who the group are before any bells ring?….. panic full stop dear me let’s wait eh!! Some chance of that on here
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prepare
Darren Bullock Terrier
Posts: 952
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Post by prepare on Mar 24, 2023 11:43:39 GMT 1
Why are alarm bells ringing as the only facts we know are the club has been 100% sold?……surely you need to wait and see who the group are before any bells ring?…..
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Post by Big Ern on Mar 24, 2023 11:52:29 GMT 1
I must admit, the cloak and dagger stuff about who actually owns us does concern me a little. Why is it shrouded in secrecy?
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Post by mooythegoat on Mar 24, 2023 11:59:43 GMT 1
Imagine buying a football club and expecting to not have to fund it with your own money.... The Hoylebots really are a special bunch. And the entitlement of spending other peoples money, and criticising when they don’t spend enough to satisfy the entitleds requirements goes on.Be careful what you wish for, it may not meet your demanding requirements. If you have the ego big enough to buy a football club, have the wallet deep enough to fund it. Simple, no entitlement here.
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Post by The Sheriff Strikes Back on Mar 24, 2023 12:00:41 GMT 1
No, I'm stating a fact. 'Wrongdoing' does not exclusively imply 'criminal activity'. Well I’ll give you a chance instead of Rockall, please post a list of all the “wrong doings” DH has managed to commit during his expensive spell as custodian ( expensive to DH) of our mighty Terriers, I’m waiting for that list ! Where did I say he had commited any 'wrongdoings'?
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DuffMan
Iain Dunn Terrier
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Post by DuffMan on Mar 24, 2023 12:08:30 GMT 1
Tbf he's not selling to the fans preferred option, he's selling to an anonymous 3rd option. Also we don't know the time frame on selling 100%. Some of that could be dependent on meeting certain future payments. I'm clearly speculating just to emphasise that we need to wait for more details before we can judge either way. which one was the fans preferred option?
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Maynardblue
Jimmy Nicholson Terrier
Enter your message here...
Posts: 1,574
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Post by Maynardblue on Mar 24, 2023 12:11:09 GMT 1
Tbf he's not selling to the fans preferred option, he's selling to an anonymous 3rd option. Also we don't know the time frame on selling 100%. Some of that could be dependent on meeting certain future payments. I'm clearly speculating just to emphasise that we need to wait for more details before we can judge either way. which one was the fans preferred option? Certainly not the anonymous one cos we didn't know about it
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Post by jqhtfc on Mar 24, 2023 12:12:28 GMT 1
Do you know/ have an idea, on who the are involved in the takeover? No I dont Nixon saying some bloke called Mellor involved in the deal
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DuffMan
Iain Dunn Terrier
Posts: 541
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Post by DuffMan on Mar 24, 2023 12:15:23 GMT 1
which one was the fans preferred option? Certainly not the anonymous one cos we didn't know about it we didn't know much about any of them 😂
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Post by Porrohman on Mar 24, 2023 12:16:39 GMT 1
Nixon saying some bloke called Mellor involved in the deal Ex Preston striker, Chelsea strip wearing foot sucker or "Who's up Mellors wife" Mellor ?
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Post by portugalterrier on Mar 24, 2023 12:28:38 GMT 1
which one was the fans preferred option? Certainly not the anonymous one cos we didn't know about it Luckily DH knew about it, they have visited the stadium and canalside, appointed English based advisors , and several others so certainly not anonymous , many people were more than aware of their interest.
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Post by terrierinyork on Mar 24, 2023 12:37:41 GMT 1
Certainly not the anonymous one cos we didn't know about it Luckily DH knew about it, they have visited the stadium and canalside, appointed English based advisors , and several others so certainly not anonymous , many people were more than aware of their interest. Portugal from what I've read you seem to have some knowledge of who these new investors are. I understand that you aren't able to tell us names but could you say if they have a history of sports club ownership?
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Post by Walton-on-the-Hill Terrier on Mar 24, 2023 12:42:45 GMT 1
Nixon saying some bloke called Mellor involved in the deal Doesn’t he support Chelsea?
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Post by jqhtfc on Mar 24, 2023 12:47:51 GMT 1
Nixon saying some bloke called Mellor involved in the deal Doesn’t he support Chelsea? Think it’s some sports lawyer bloke
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Post by Mastercracker on Mar 24, 2023 12:54:24 GMT 1
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Post by Up the Duff. on Mar 24, 2023 13:32:26 GMT 1
Your are so naive, if you want to know all the details of a confidential takeover buy it yourself, you have no right to know these details, buy it yourself if you want to know the details . ” Kept in the dark during this entire process”, this is a transaction of a private company involving confidential details and private individuals conducting their private buisness you have no right to know anything, to me you just come across as a complete entitled clown living in a world where you think you should know everyone’s private affairs.imo. Wrong. The 'naivety' is in believing that DH wrote off £40mil out of the goodness of his own heart, when it was quite clearly out of necessity, a necessity that was the sum of his relentlessly bad decision making. So, the widespread criticism was, and still is justified. Exactly.. written off as the value wasn't there for it to be repaid as a part of the sale. If he wanted out of the loss-making business, he had to write it off as no one would buy the club otherwise. It's not some final gesture by Hoyle. Hopefully, he will be getting some money back in other ways plus some tax relief on the losses. A new chapter begins, which is better for us and Hoyle.
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Post by themanfromatlantis on Mar 24, 2023 13:36:55 GMT 1
More twists and turns than Ryan Giggs in his prime this story. From the relief yesterday alarm bells are ringing again that we somehow have ended up with a 3rd choice option, whoever that might be. The clues tell us they attended the Coventry game but bizarrely we don’t know who attended. Why are alarm bells ringing as the only facts we know are the club has been 100% sold?……surely you need to wait and see who the group are before any bells ring?….. Will the bells ring, or will they toll? ☠️☠️
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Post by Porrohman on Mar 24, 2023 13:40:49 GMT 1
Wrong. The 'naivety' is in believing that DH wrote off £40mil out of the goodness of his own heart, when it was quite clearly out of necessity, a necessity that was the sum of his relentlessly bad decision making. So the widespread criticism was, and still is justified. Exactly.. written off as the value wasn't there for it to be repaid as a part of the sale. If he wanted out of the loss making business he had to write it off as no one would buy the club otherwise. It's not some final gesture by Hoyle. Hopefully he will be getting some money back in other ways plus some tax relief on the losses. A new chapter begins, which is better for us and Hoyle. And it shows his PR machine is still in full working order
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Post by space hardware on Mar 24, 2023 13:49:51 GMT 1
Exactly.. written off as the value wasn't there for it to be repaid as a part of the sale. If he wanted out of the loss making business he had to write it off as no one would buy the club otherwise. It's not some final gesture by Hoyle. Hopefully he will be getting some money back in other ways plus some tax relief on the losses. A new chapter begins, which is better for us and Hoyle. And it shows his PR machine is still in full working order Oh yeah, the bots have had an upgrade and been rebooted 🤖
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Post by detox on Mar 24, 2023 13:56:55 GMT 1
It seems DH finally manouvered himself into a corner. He had 2 choices in the end...put the club in Adminstation and lose all his money, or strike a deal with this US consortium by writing off his loans...either way he was a bust flush but the latter option makes him look better . That’s incorrect DH could have opted for Liquidation option,and not had to bother with all the additional grief. ...but my point was he ended up losing his investments...liquidating the club what would he have gained being as he was the main creditor ? As he is now, whatever he spends he's getting back from new owners, so no grief there...his reputation has been salvaged by most fans..so that's eased the pressure..he's already handed over daily running of the club..all he has to do is write the cheques and keep count of what he's now spending.. I reckon he'll be pretty chilled to know it's all over...(subject to the checks on this consortium)...
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Post by detox on Mar 24, 2023 14:01:17 GMT 1
I’m guessing Dean has probably lost around 10 to 15% of his wealth (maybe 1% for every year in charge) as a consequence of having the opportunity to run the Club. I’d have taken that if it had been offered. His time in charge has provide me, others (and I hope himself) with some glorious memories and fantastic days out. Thank you Dean. However IMO he’s made mistakes. Had he not he’d probably have left with his debt repaid and the Club, the fans, and himself in a happier place than they all are now. It would appear he structured the first sell off of the Club to Phil in such a way as to enable the debt to him to be repaid. Not only did this not work but it resulted in him pumping even more money into the Club. I hear the clamour for apologies now a new deal is done, but I know sod all about the deal. Were there more than one deal on the table? Did one favour Dean more than the Club or vice versa? Was one most favourable to both? Which did he chose? I don’t know and probably never will. I hear the clamour for apologies now it appears he’s written off his debt, but did he have any other option other than administration? I can’t see he did. However we should thank him for pumping more money into the Club after Phil went bust. He didn’t have to, and if he hadn’t we’d be in a far darker place than we are now. Whether or not he did it because of his love for the Club or because he was clinging to a belief that he might still get his money back we’ll probably never know, but in a sense it doesn’t matter. He saved the Club. Moving forward I hope he still continues to support the Team and shares with us all the good times and the bad times that lie ahead. From one (albeit a bit older) Hecky lad to another I’d happily buy him a pint if I ever get the opportunity, and share our memories of past times. Don't forget the benefits he's enjoyed...free seat at home and away games...lunch/drinks/ guests with him...that must be a tidy sum... bit nit picky I know, but there were fringe benefits along the way...
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Post by Stewpot on Mar 24, 2023 14:02:21 GMT 1
That’s incorrect DH could have opted for Liquidation option,and not had to bother with all the additional grief. ...but my point was he ended up losing his investments...liquidating the club what would he have gained being as he was the main creditor ? As he is now, whatever he spends he's getting back from new owners, so no grief there...his reputation has been salvaged by most fans..so that's eased the pressure..he's already handed over daily running of the club..all he has to do is write the cheques and keep count of what he's now spending.. I reckon he'll be pretty chilled to know it's all over...(subject to the checks on this consortium)... So, sorry if already covered elsewhere...how long is the anticipated timescale to get the green light from the EFL? portugalterrier
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Post by portugalterrier on Mar 24, 2023 14:07:39 GMT 1
That’s incorrect DH could have opted for Liquidation option,and not had to bother with all the additional grief. ...but my point was he ended up losing his investments...liquidating the club what would he have gained being as he was the main creditor ? As he is now, whatever he spends he's getting back from new owners, so no grief there...his reputation has been salvaged by most fans..so that's eased the pressure..he's already handed over daily running of the club..all he has to do is write the cheques and keep count of what he's now spending.. I reckon he'll be pretty chilled to know it's all over...(subject to the checks on this consortium)... I believe he’s very chilled, disappointed by what’s happened after the collapse of PH deal, but looking forward to being just a supporter. The people I know who are connected to the deal were very impressed by DH and the manner he dealt with the sale. Hopefully we can return to normality and the new owners , after the ownership tests fulfill their stated commitments.UTT
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