Alan replies official statement

[Gubbie]

And if he hadn't mentioned anything about the takeover people on here would be going on. Like swale said he can't win.

[Dunce]

Suppose theres not a lot us loyal supporters can do about this sorry episode. Just got to hope that when the dust has settled theres some remnants of a club that we can turn up to on a saturday afternoon. 🤞🤞

[slack_pie]

Suppose theres not a lot us loyal supporters can do about this sorry episode. Just got to hope that when the dust has settled theres some remnants of a club that we can turn up to on a saturday afternoon. ����

Yeah, we just have to sit and watch it all fall apart. Hopefully a deal will come through in the coming weeks and we'll have new owners. But at this point, I have no reason to suspect that new owners will put an end to the seemingly endless spiral of **** we have to put up with. It'll probably just be a different flavour of ****.

It's probably best if we all just focus on Saturday and getting behind the team. Lose that and we're as good as down.

[Simon the Pieman]

Old Pie is quite correct. Administrators have no feelings for history or loyalty. Particularly where debt is concerned. Whilst I have tried, like many, to see the better side of Hardy and have some sympathy he hasn't helped himself. I do wonder how he managed to build what allegedly was a successful business. Many businesses borrow but eventually they have to pay those borrowings back. Running your own business is very rewarding but a constant worry and those who haven't done so will never understand. A bit like never having played football but having opinions about the game. Great but if you haven't done it you'll never really know.
It hurts me to state it but if Notts don't go into administration I will be very surprised.

[optipez]

I don't see how we pay the staff until the end of the season. All loans and continual borrowing were to a company that is now in administration, the banks won't lend the club a penny without a guaranteed backer of last resort and Hardy just doesn't have the required liquidity to fund us.
At best the loans never get paid back because Hardy has cleverly put a wall between us and Paragon. Maybe all we have to do is make regular fixed already agreed payments. If so , as long as we don't break the contract we may keep things going. If he hasn't we're screwed. Although we haven't a hope of paying £7 million off the administrators will want anything they can get even if it liquidated us for peanuts.
Unlike Ray Trew who if necessary could fund the club, Hardy can't. I've a horrible feeling we've only got a few weeks left to save ourselves from a Darlington / Scarborough style oblivion without an immediate takeover.
Hopefully I'm talking out my arse but I'm struggling to see where the cash flow to break even until May comes from.

[Braddpie]

This is my first time on and I’ve read all the s##t you have put on for years I will say that you make good points as well so I’m not biased anyway having been a Notts supporter for 50 + years I put down a challenge to you all and your readers I will donate £1000 to a fund just see if you can get another 7999 to do the same and we might get our club out of the s**t

[Elite_Pie]

This is my first time on and I’ve read all the s##t you have put on for years I will say that you make good points as well so I’m not biased.

Out of interest, is that comment addressed to an individual or the board in general?

[forwardmagpie]

Out of interest, is that comment addressed to an individual or the board in general?

You need to ask

[Elite_Pie]

You need to ask

Yes. If you know the answer, please enlighten me.

[SwalePie]

I don't see how we pay the staff until the end of the season. All loans and continual borrowing were to a company that is now in administration, the banks won't lend the club a penny without a guaranteed backer of last resort and Hardy just doesn't have the required liquidity to fund us.

Has Paragon been put into administration now? Haven't seen that anywhere else yet?