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Another interested party???


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slightly slimplistic pete as the tax case wasn't a forgone conclusion and it still doesn't answer question I mnade in another thread about what they're intentions are

 

While the tax case wasn't a foregone conclusion, it was still an unknown. The fact that a new buy COULD find themselves with a bill for £49m put everyone off.

 

However from my understanding, the tax case can be included within a CVA agreement with HMRC. Therefore, it is much more controllable and less of an unknown or concern once the CVA is agreed.

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Guest Dutchy

Still all seems rather a rather speculative way of running things. The more I hear about all these other bidders, or don't hear more to the point, the more interested I am in the Murray bid.

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The immediate problem for the club was that we weren't able to run till the end of the season. This horror scenario has been averted due to the players and management agreeing to pay-cuts. Now, while they (IMHO) sure want us out of administration sooner (hence the "deadline") rather than later, they have more time to do it. The HMRC tribunal results are due in April, so I would expect nothing to happen before that, i.e. the club changing owners. For I do not expect that anyone will take the club as it is.

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The immediate problem for the club was that we weren't able to run till the end of the season. This horror scenario has been averted due to the players and management agreeing to pay-cuts. Now, while they (IMHO) sure want us out of administration sooner (hence the "deadline") rather than later, they have more time to do it. The HMRC tribunal results are due in April, so I would expect nothing to happen before that, i.e. the club changing owners. For I do not expect that anyone will take the club as it is.

 

I'm sure I read in one of D&P's statements that the big tax case can be included in any CVA. I believe the plan is to get a preferred bidder then get them in discussions with HMRC in order to agree a way forward - before an actual takeover is completed.

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