Usual Raj and his board about lack of funds just clear off out of OUR club and let people
who have the club as the main priority get on with it.

Thats what i read here too. Show me you have more money again after showing me you had the money first asked. An exact repeat of last years consortium offers. Raj trying to make it as hard as he can and using the process to see what more a buyer has and push for more of it in the sale. The moving of the goal posts to grab more and more cash for himself.

I’ll be surprised if we get hew owners ……… very surprised, …it’s the hope that kills you …..so expect the worst case scenario and anything else is a bonus.

Sounds a bit like they want a bidding war at this stage? The 2 parties are clearly being forced to try and outbid each other, if neither of them have provided proof of funds how come they passed through the initial stages quickly, Raj has always said the first stage of anyone buying the club is initial proof of funds. The key parts showing that in the statement are 'required proof of funds not DEPOSITED' and 'usable funds'.
We've heard this statement before multiple times from Raj in his programme notes etc.

Proof of funds...that old chestnut.

Show me the money!
Could be promising if there's a couple of interested parties that have offered an agreeable price and terms. But very strange that they've do it if access to the books for due diligence was only after proof of funds were lodged last time around.
Disappointing there's no real progress, but good that there's serious interest. Might keep the Administrators at bay yet.

Cynicim is a reasonable reaction where Raj is concerned, but the truth is a takeover can't take place without proof of funds - to the National League, never mind the current owner.

THe EFL's regulations (the NL's won't be much different) state:

"Prospective owners are required by the League to provide evidence as to the ultimate source and sufficiency of funds.

In terms of sufficiency of funding, the prospective owner must prove that they have access to sufficient cash to both acquire their proposed shareholding in the Club and fund the operations in-line with the disclosed business plan, as set out within the Future Financial Information.

An example of how this is expected to be provided includes sight of clear unrestricted funds in a UK clearing bank account in excess of the Cash Requirement.

In terms of the source of funding, the new owner needs to demonstrate the ultimate source of funding which they propose to use in order to acquire control and fund the Club."

Thats exactly right. The reality seems to be that Raj has the money to continue if needed unless someone can pay him what he wants. are the two parties the lad from america and shelly h? If so werent they part of the same consortium last time but not this and now trying to outbid each other.

Is it mandatory to show proof of funds, how did Coxhall manage that, are the board making sure who ever comes on board has the interest of the club at heart ?

Coxhall didn't buy from Raj, and besides Mr Hogan has posted the NL requirements which include a business plan (wasn't that a stumbling block with the Consortium according to Raj) and proof of funds to buy, and run the club.

Jeff Bezos could come knocking on the door at the Vic, saying I'm buy the club, I'm officially offering £6 million and our current board will say one of three things

1- this guy doesn't have the interest in the town, club or area.

Or

2- this guy hasn't shown the funds and I think he doesn't have that much money.

Or

3- I'm now asking for £7 million, then reject the offer by saying they haven't met my price.

Coxhall had the funds when he was in partnership with Peter Goldberg. When Peter Goldberg walked away from Gary, that's when the problems started.

The financial regulations were tightened up in 2023.

Could be more chapters in this takeover than the ones written when Harold Hornsey took over!

It's in the balance.
Closer to A than a takeover with a shit load of stipulations.

He's hanging back for 6 wins n a shit load of favours.

It's still in the balance for sure.

I might be wrong but is it the first time Raj has actually said there’s an agreeable offer on the table? That’s actually big news. Not sure why someone would make an offer, with agreeable terms when they haven’t got the money.
Something about this whole process is more serious than previous and that statement just comes across as a holding statement, a bit of deflection.
I’d put money on Raj going now.

I think it is but that’s probably more the fact that Raj hasn’t actually wanted to agree a deal before.
Feels like the ‘proof of funds’ line is wheeled out every time he’s talking about a sale so let’s wait and see. I think he’ll be going one way or another, let’s hope its with new owners in place

May be Raj IS one of the parties, With counter offers.
Put NOWT past him.

I thought that too. Previous offers have always fallen short of his valuation - now two are acceptable.

See it's all gone quiet on the Gateshead takeover - maybe the Nigerians have jumped ship and are looking to buy Pools instead

Massive pinch of salt needed as ever.

Would a take over party not have to show funds so they could either take over the loans of Clarence 18 or pay the loan up ?

I dont get the hatred of John Walter Mitty Shithead, go to any pools game home or away in the last 30 odd years and you would probably see John, the bloke bleeds blue and white. Plenty of other ‘massive pools fans’ go no further than a £40 dodgy box and moaning on here, still it’s all about opinions eh?

Off course it's about opinions.
Thats how the Bunker n other message boards operate.

Don't understand a few posters dummies get spit out the pram syndrome.

It's only wordage.
Health first.

Anyhow it's 3 in row today and Me n Mr Ds play off Army grows in numbers.

Remember kids n oaps.

It's only Wordage

A bit farfetched but you certainly can't rule it out.

I wudent rule out a handbrake U Turn when obviously the high asking price isent met.

My take he stays or A
And I'm legally entitled to my Opinion

Ye

Todays game would've of been an ideal game to lower the admission prices, the Mags and Boro not playing, Sunderland away. Ideal opportunity to bring a friend for a £10 etc. #clueless

Agree H
Our kid mentioned some kind of ticket offer when we had those 3 home games in a row.
Maybe a few Xtra fans in might of returned more than 2 pts.

By the way are you still bikerideable fitness wise.

Haven't been on a bike since the last time we went cycling. Also to compound matters, my bike is in a steel container shed, that I've lost the key for, so I'm without a bike currently, prefer walking these days anyway, though I always did , cycling always gave me numb bollocks for a week afterwards

could have advertised the game as bring a friend to make a new enemy.

think many would rather the club be sold down to river to a crook without a penny to his name as long as the present board and raj are gone. things are far from ideal but actually could be worse.

Thought the asking price had been met.

OS
"with acceptable offers and proposed terms for a takeover"

You never know with raj very unpredictable. All we ever here is proof of funds I'd take it all with a pinch of salt. It wouldn't surprise Id the chairman next season was raj Singh. Anyway let's get 3 wins on the bounce and then beat dagenham

If he says proof of funds is a necessary term of the sale, it's down to the prospective buyers to meet the terms. Could be just time-wasters or just fishing otherwise.
No different to selling a house say, at some point the buyer has to prove to the sellers solicitors that they've got the funds.

The way I see it- Raj is serious this time, which is why 2 offers have been acceptable though he is stalling until the season is officially dead.

The last thing he wants is Pools to win the Playoffs and the new regime come in after the Forest Green game and take all the plaudits, instead of him!

its hard to knock him for that as most people love the plaudits and the limelight for even the short time it will happen. all it would do is to make his time in charge seem far better than it actually was with fans having either a short or a selective memory if the new owner is having problems of there own down the line.

I appreciate your opinion but it is based on what is coming out of the club NOT being BS smoke and mirrors. We all know the problem with that, we are all a victim of that. We all too are subject to human nature and we WANT to believe what is being said but there isn't a very good track record to go on.

I think what we can do is go off the well publicised HUST bid. He wanted proof of funds before even discussing terms which sounds like a fairly sensible way of doing it. So either he’s changed how he handles takeover enquiries entirely or he’s seen proof of funds in way X but wants it in way Y for some reason and that’s what he’s referring to.

"If a chairman sacks the manager he initially appointed, he should go as well."

Too many bad decisions by Raj over the years.

Won't come out of it well, people will look back at his time at Darlington and Hartlepool, and say he tried but in the end, he failed.

I want the new owners to sit in the background, let the manager and the players do the talking on the pitch.

https://www.youtube.com/watch?v=JTrcaPaJPdM

How many managers did Hodcroft sack, should he have went as well ?

therefore a manager should be sacked if he signs a player who does not come off. over the years we have had more managers who failed us who we expected more of them the ones we did not want anywhere near the club in the first place.

According to Cloughie, then yes. But I am sure there was a touch of humour in the way it was said.

As what usually applies at Pools…..I’ll believe it when I see it!

Whst pub is that Stocksfield_Poolie It looks like one nr University in Durham.

Dr Syntax, New Ridley, Stocksfield.

Owners who are all talk and no money are far worse. Gary Coxall almost destroyed the club. The Monkey Hangers shysters who went to gaol certainly would have done. For all the talk of Raj putting the club into administration - that have gone on for years now - Pools are still here and the bills are still getting paid.

On the footballing side he's run the club into a non-league cul-de-sac and it's time for him to go. If he's got the sense to go in a decent fashion he'll be a long way from the worst owner Pools have ever had.

I don't think we can go off anything with Raj but I suppose it's all we've got.

I love those old pubs.