Hove Owl

No one’s gonna bid at the moment. I’m sure they’re circling though, waiting to see how this all pans out.

Honestly, who knows why he won’t sell; pride at not wanting to be seen to have lost a tonne of cash, a gamblers belief he can turn it around, inability to let things go, fear that he’s being ripped-off - the list goes on. All we really know is that our future is being held hostage by one man’s ego.

Think OP made a typo with his user name - how far apart are D and T on a keyboard….?

For the love of suffering Jesus….

Very true. I think this is his only hope of recouping his money - effectively sell a % stake to a wealthy investor and let them do all the heavy lifting to get us back to the prem, and then sell us. Will he be able to find an investor who is willing to go along with this while also accepting that DC has no more money to put in himself? Highly unlikely.

So, which option, or combination of options do you think is most likely? 1) His pride won't let him sell for anything less than £Xm, so as to avoid being see as an utter failure. 2) The financial hole he's dug himself into means he can't sell for less the £Xm, otherwise he will be personally ruined. 3) His advisors have looked at the powers of the new IFR and confirmed to him that there is nothing they can do to remove him, so he's going to stumble on. 4) His advisors have looked at the powers of the new IFR and confirmed that he'd better sell by end of Oct or he'll have the club taken off him, and this is all a ploy to get prospective buyers to up their offer. 5) The prospective buyer has a deep connection with the club and would desperately love to own it, DC knows this and is using this as way to up the bid by saying "if you want to make sure you own the club you'll need to pay £Xm, otherwise it'll likely be sold to the highest bidder, and given the resources of the other interested parties you'll be outbid" 6) He's already agreed that the loan on the stadium will be rolled over, he thinks that with ST sales and match day income (plus a next-to-nothing wage bill) he can run us as a L1 club until he can convince someone to invest in us. He will almost certainly have to give up control of the club in this scenario though, as no credible investor will pump, conservatively, £75m into the club and allow DC to retain operational control of it given the mess he's already made. 7) Something else. This whole scenario has a definite 'last days of Ceausescu' air about it, where he was completely unable / unwilling to comprehend the reality of the situation he was facing. It feels like the whole house of cards is so precariously balanced that even a minor issue could cause the whole thing to collapse. I don't want him to secure a takeover now. I want it ripped from him in the most humiliating, degrading and financially ruinous way possible.

I doubt we’ll even hear from him - he couldn’t give a monkey’s throw about us.

Can we sue the Chansiri family for deliberately saddling us with a known colossal fcukwit?

I really think if that was his plan we’d have heard from him by now, some statement about how he’s moving heaven and earth to get more funding in to the club, how we all need to come together during this hour of need, and promising he’ll make things right. But we haven’t heard a thing for ages - he’s washed his hands, checked out. And what would his legacy be? Turning Championship promotion contenders into a barely surviving L2 joke? That isn’t going to do his narcissistic pride any good at all.

He’s a monstrously deluded, pea-brained berk. He aint doing sh!t.

He probably knows his goose is cooked but just stalling on accepting an offer until it’s too close to deadline day for new owners to do anything about it. He’ll be absolutely desperate for us to get relegated under a new owner - he’ll probably try to spin it in his favour somehow.

No chance.

Yep - “sell it now, or we’ll completely destroy the value of your asset.”

I don’t think any potential new owner would forward any money at all, I’m sure there will be zero trust where DC is concerned. also, FWIW - and I am not even remotely ITK. But something tells me it isn’t going to be Textor. I think someone else (as yet unknown) is the money.

The odds, I would say, are very much against it but who would have thought Leicester would win the prem…