Alan replies official statement

[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

[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?

[countygump]

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

Not yet, but I fear it won't be too long. Apparently, Al was desperate to save his 'baby' but it looks like that won't be possible now. Will we be affected? Alan insists we won't but who knows?

[SwalePie]

Not yet, but I fear it won't be too long. Apparently, Al was desperate to save his 'baby' but it looks like that won't be possible now. Will we be affected? Alan insists we won't but who knows?

Agreed, the poster I quoted mentioned that the company was now in administration, hence my query to him/her.

[Old_pie]

Agreed, the poster I quoted mentioned that the company was now in administration, hence my query to him/her.

Just found this:

https://www.insidermedia.com/insider...-turnover-rise

"The business, which counts Jaguar Land Rover, Adidas and 02 among its clients, made the prediction in newly filed accounts for the 15 months to 30 June 2017, during which it turned over £62m."

"Nottingham-headquartered Paragon Interiors Group, which is led by the owner of Notts County FC, has predicted turnover will top £75m at the end of its current financial year."

Is this like Championship in 5yrs predictions? Something is not adding up.

[optipez]

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

Yesterday I had an email from business recovery and insolvency experts Smith & Cooper offering for sale a Midlands based interior design company with a turnover of £50 million and orders of around £11 million as a going concern.
However they're wanting sealed bid offers by March 1st. That isn't long to get a bid together to buy any business.
Paragon weren't named but what are the odds of a similar size Midlands based company doing the same thing coming up for a very quick sale on the same day numerous sources are saying Paragon is in trouble.
As I said I could be talking out my arse, I hope I am and that all is well but that looks like a fire sale to me. The act of sending me an email, ( I am not in any way able or in the market for buying any business) seems hopeful if I'm being charitable.

[apieandpint]

Just found this:

https://www.insidermedia.com/insider...-turnover-rise

"The business, which counts Jaguar Land Rover, Adidas and 02 among its clients, made the prediction in newly filed accounts for the 15 months to 30 June 2017, during which it turned over £62m."

"Nottingham-headquartered Paragon Interiors Group, which is led by the owner of Notts County FC, has predicted turnover will top £75m at the end of its current financial year."

Is this like Championship in 5yrs predictions? Something is not adding up.

Of the £62m turnover in 2017, they posted an overall loss didn't they? I read somewhere is was just over -250k.

If they've predicted £75m turnover this year, how much will be profit, considering the loss the previous year?

[LaxtonLad]

"Nottingham-headquartered Paragon Interiors Group, which is led by the owner of Notts County FC, has predicted turnover will top £75m at the end of its current financial year."

Is this like Championship in 5yrs predictions? Something is not adding up.

I think you're reading something that hasn't been written, Old_pie. Paragon's prediction isn't some wild guess for it's future financial situation, it must be based on facts, whereas Alan Hardy's five-year plan was not a fact but a hope he shared with the fans, little dreaming it would be held against him a year and a half later. Too late has AH realised not everyone on facebook is his friend.