Hardy statement/So called new owners

[jonnyt1]

We face a winding up petition NOT administration. That means our assets will be liquidated and we will cease to exist unless we agree a deal with our creditors.

If the takeover doesn’t happen shortly it’s good night Havana.

At this moment I think it’s 50:50 whether we have a club next season to support.

It really is that bad.

[mark45]

We face a winding up petition NOT administration. That means our assets will be liquidated and we will cease to exist unless we agree a deal with our creditors.

If the takeover doesn’t happen shortly it’s good night Havana.

At this moment I think it’s 50:50 whether we have a club next season to support.

It really is that bad.

It is all about the S African guy now. Does he want a non league club or not and if so does he want to fork out the Debts currently owed to HMRC? If the answer is no then Hardy will place into Admin soon.

[Gubbie]

The judge also says the deal should be completed by may 7th

[legs77]

It is all about the S African guy now. Does he want a non league club or not and if so does he want to fork out the Debts currently owed to HMRC? If the answer is no then Hardy will place into Admin soon.

This South African guy ?! He sounds just like that Arab with lots of monies we had before Mr Russell King.

[Oldstripy]

You have to wonder why this is dragging on so long. What is stopping them from inking the pen?

Could be that Hardy wants too much money for the club.

[nw6pie]

It is all about the S African guy now. Does he want a non league club or not and if so does he want to fork out the Debts currently owed to HMRC? If the answer is no then Hardy will place into Admin soon.

I don’t understand this whole “League/non-league” thing. We’ve been odds-on to go down for months, so this situation can’t come as a shock to anyone - after all, we’ve been in the bottom two since November 17 or something; we didn’t slip into the bottom two towards the end (that was Yeovil’s fate). Any serious businessman would have two offer prices: one to buy a league team; the other to buy a non-league team.

Pure speculation, but maybe the second price is very unattractive to Hardy and he’s now hoping there are other alternatives. Any shrewd business is going to want to pay the bare minimum to gain control of the club (although why a shrewd person would want to own a football club like Notts is another question), with as little debt as possible - and I assume that is through administration?

By the way, aren’t the debts to HMRC quite small in the greater scheme of things - £250,000, or something? If the new owner can’t clear a debt like that, they should not be the new owner.

[optipez]

The silence is deafening.
The only concrete assertion I took from Hardy blubbing away yesterday was that he wouldn't be the owner for much longer.
As to any new owners , that just sounded like a possibility, admin or winding up order sounded at least as possible.

Ardley more or less confirmed it hinting that it's a rudderless mess and he had pretty much no-one to answer to, just been left to get on with it.

[ForeignLegion]

Now really would be a good time to go read the press release from the court case a few weeks ago. Was speaking to a former employee of the club yesterday at the ground and he says "Well that will be the end of both Hardy and any thought of the takeover happening now" Expect Admin to be announced by the end of next week unless something changes big time between now and then.

https://www.nottinghampost.com/sport...athing-2743792



Counsel added that the club was in discussions and there were different offers to be considered.

“If one of the offers is higher, it will pay the debt in full. If lower, [the position] is unclear,” she said.

So, this former employee, a cleaner, or someone that might actually know something factual?

[TSANHO]

Probably that guy from port vale....doesn’t want to be the ‘face’ so asks Alan hardy to stay on, thus keeping away from the eventual abuse and blame for the further demise of the club......if indeed there is anyone at all the anting to take over.

[nw6pie]

Probably that guy from port vale....doesn’t want to be the ‘face’ so asks Alan hardy to stay on, thus keeping away from the eventual abuse and blame for the further demise of the club......if indeed there is anyone at all the anting to take over.

That’s not how these successful small businessmen work, though, is it - owning a club gives them an ego boost and visibility they would never get down at their Masonic lodge, golf club, etc. The problem comes when the sh** hits the fans.