NoFinChansiri

Would make a mockery of his Uber Eats adverts.

I think they’ve got enough to stay up, but they’re very unlikely to go up and rumours suggest that’ll be very significant for them financially.

It is. A skilled operator could also find a way of aligning the interests of the creditors, club and the administrators themselves. For instance, a £10m bonus for getting to the PL in the next 5 years is worthless with an owner of the calibre of Chansiri, but has value with an owner with significant resources, willingness to invest and experience in sport. The best for the creditors suddenly aligns with what is best for the club.

My comment is getting on for two weeks old so was written at a much different time, you may be right.

It’s a moot point at the moment as there have been zero formal offers for the club. It seems likely that there will be soon and if all those who prove funds then either make an offer or inform the admins that they won’t then they could close early. Unless that happens though, the best thing for the creditors is to keep the process ongoing.

Also, if one of the administrators turns up as CEO, working for a company who has just been announced as the preferred/chosen bidders, some may cry foul.

There’s often rules around recruiting the staff of a company you’re working with, which might make such a move more difficult.

There’s the cautionary tale of Birmingham though, they tried it and it was a disaster. I doubt that will have gone unnoticed.

Even if the takeover is not complete by the start of January, it’ll probably be close enough that the prospective new owners be consulted on financial decisions. Which means that if any player leaves, it won’t be for a knockdown price. If Rangers are going to bid for anyone it’s surely Valery anyway.

Unfortunately, as South Park taught us, Pig and Elephant DNA just won’t splice.

The current inventory is very likely already paid for, so all money that the club get for it goes straight into the bank. With future stock it needs to be paid for to be sold so will be effectively less profitable for the administrators.

If he’s bidding against the sort of people who he’ll be looking to sell to, then I think he gets outbid, because the price matters more to him. It matters less if you’ve got a 10-20 year plan if you pay a little more than if you are looking at sale margin.

He wanted to do a deal the same way that he did with Milan, because if he could do that, it would mean that he wasn’t conned by someone smarter.

It depends on the terms of the original agreement, which aren’t public. It feels like it just should go with the unsecured creditors, but if it was still only payable on promotion to the PL (maybe it is on sale too), perhaps they’ll accept less to have it settled now.

As much as the amount of revenue that’s gone into the club this weekend is great, significantly more will be needed. If the process takes a couple of months then the club will probably need to bring in £3m-4m over that period, so we’re probably only about 10% of the way there.