CONFRIMED: Latest rumours Confrimed as Unconfrimed

[Uke]

Former Canadian international Marc Bircham, fronting a joint US/Saudi bid?

Allahu Akbar indeed.

[WestYorksRoyal]

Isn't HMRC due on Friday? Definitely short term issues caused by this, but hopefully a longer term win. Just adds to uncertainty right now.

[Snowflake Royal]

On the plus side, we may not have the 2 suspended points hanging over our head by next Monday.

We'd at least know for certain where we stand on magic number.

[Whore Jackie]

Wycombe have just tweeted that they are putting on hold provision for funding to RFC and the acquistion of Bearwood.

"Wycombe Wanderers Football Club and Feliciana have to put on hold the discussions and ongoing due diligence due to seeming planning limitations allowing only Reading FC to use the training grounds."

https://twitter.com/james_e1871/status/1769703563599454555

Be (morbidly) funny if the planning permission for Bearwood, presumably got under Dai's ownership scuppered the deal, which in turn scuppered tge club being bought and our survival.

The Bearwood deal was done back in 2013 I believe, well before Dai. That's not to say he hasn't sunk an awful lot of money in and made significant changes to the Thais' development plans. But, yes, a delicious irony in him switching ownership of it from RFC to himself, and only now realising that it's just RFC that can actually use it.

[Esteban]

Isn't HMRC due on Friday? Definitely short term issues caused by this, but hopefully a longer term win. Just adds to uncertainty right now.

Possibly, but I doubt money would have been transferred by Friday this week anyway. Their statement said they'd only just entered due diligence.

There's something very strange about the whole thing and another chapter in this sad little soap opera.

[windermereROYAL]

Just guesswork that it could potentially baulk the sale, nobody outside of the clubs knows, stop panicking.

[Snowflake Royal]

Just guesswork that it could potentially baulk the sale, nobody outside of the clubs knows, stop panicking.

No one is panicking

[Hound]

Just guesswork that it could potentially baulk the sale, nobody outside of the clubs knows, stop panicking.

It’s a bit more than guesswork. It’s there in writing that it was for RFC use and Wycombe have said it’s on hold

It may still go through of course but there’s obviously concern that it may well not do so now

[WestYorksRoyal]

The hyper optimist in me hopes this is because they've been gazumped by another party buying the club.

I know this is an unlikely scenario before anyone comments.

[Stranded]

It shouldn't block any sale of the club/stadium to any potential owner as the club don't own the training ground any more due to Dai's shiftiness, so club is just a name.

Now Dai could try and throw that in and muck things up with the alleged deal but if this is all as people expect, Dai has a very weak hand now with the training ground.

He can only sell it to someone wanting to be RFC's landlord and this planning permission means that the club can be pretty tough when it comes to any rental agreement etc as they know the owner can't simply go and offer it to Wycombe or anyone else.

Of course, he could get in a strop and decide to mothball the whole thing but we are all pretty much expecting that anyway.

[WestYorksRoyal]

It shouldn't block any sale of the club/stadium to any potential owner as the club don't own the training ground any more due to Dai's shiftiness, so club is just a name.

Now Dai could try and throw that in and muck things up with the alleged deal but if this is all as people expect, Dai has a very weak hand now with the training ground.

He can only sell it to someone wanting to be RFC's landlord and this planning permission means that the club can be pretty tough when it comes to any rental agreement etc as they know the owner can't simply go and offer it to Wycombe or anyone else.

Of course, he could get in a strop and decide to mothball the whole thing but we are all pretty much expecting that anyway.

But I thought Dai and Pang wouldn't let emotions cloud business decisions?

[Sutekh]

SJM says the sale is very close and buyers with deep pockets.

However the buyers have very short arms. But then that's probably what we need now!

[WestYorksRoyal]

This is a really bad development from Dai's perspective. He can try smoke and mirrors with potential buyers and threaten to sell assets separately, but everyone will now know it's all bollocks.

Accept what's on offer and fcuk off Dai.

[Winston Biscuit]

my concern would be that these rumoured prospective buyers only want the club at the lower price without the training ground, and the trainig ground being back in the total deal means they are no longer interested and we are back where we were, with no one looking to buy as as Dai values it all too high

[windermereROYAL]

Just guesswork that it could potentially baulk the sale, nobody outside of the clubs knows, stop panicking.

It’s a bit more than guesswork. It’s there in writing that it was for RFC use and Wycombe have said it’s on hold

It may still go through of course but there’s obviously concern that it may well not do so now

I was talking about the takeover.

[Pepe the Horseman]

Posh are down to 10 men.

Lol

[Stranded]

my concern would be that these rumoured prospective buyers only want the club at the lower price without the training ground, and the trainig ground being back in the total deal means they are no longer interested and we are back where we were, with no one looking to buy as as Dai values it all too high

The rumour seemed to be there were not fussed about owning it, not that they absolutely didn't want to.

If the planning permission issue is pretty watertight and it precludes anyone but us using it, then the purchasers have the upper hand in negotiations. Dai either sells to them at a price they are willing to pay or he has to find someone willing to pay a higher fee to be the landlord.

But also the landlord to the only tennant that can use the place, a tennant who can essentially say we will be no more than X or we will leave you with an empty, realtively worthless piece of land.

The only currentl concern here is who now covers the shortfall becoming due on Friday if things don't move quickly this week - Dai was probably feeling comfortable that the shortfall is covered and he can play hardball - now there is a relative level of speed required (though Dai won't care about 2 more points).

[WestYorksRoyal]

my concern would be that these rumoured prospective buyers only want the club at the lower price without the training ground, and the trainig ground being back in the total deal means they are no longer interested and we are back where we were, with no one looking to buy as as Dai values it all too high

It's an interesting one. Dai's hand is undoubtedly weakened, but equally the club is definitely worth more with Bearwood than without. I suspect it will delay negotiations, but equally it sounds like we’re reaching the crunch with several parties, and these things can move quickly.

[Mr Sitter]

I’m keeping my celebrations over the Bearwood news ‘on hold’ until we know the wider effects on Dai’s behaviour. A pity the news didn’t come out a week later as the sale of the club might have got over the line. I have fears Dai will stop talks on the takeover now.

[Winston Biscuit]