Takeover

Useless Joe monks · **Joined:** Wed Jun 04, 2025 9:28 am **Posts:** 1

Two offers of 1 million on singh’s table.

My names Joe and I’m useless.

Grayhoundend · **Joined:** Tue Aug 19, 2014 12:13 pm **Posts:** 7186

Don,t take it personally when you receive the usual Bunker welcome!

accrington fan · **Joined:** Wed Jan 20, 2016 3:22 pm **Posts:** 19429

but your user name might give you a get out of jail card.

mugsy · **Joined:** Sun Aug 24, 2014 8:17 pm **Posts:** 67

Shame the owner doesn't want to sell

Jamie1952 · **Joined:** Fri Jul 15, 2011 3:56 pm **Posts:** 7276

Do we know how much IOR sold Pools for, they left Pools debt free, how can you put a valuation of a million pounds on Pools, what assets do they have, certainly no where near a million pound as the fella said on Tees Pools aren’t worth a £1. There is rumoured to be a million pounds of debt from where ever, if a buyer bought Pools for a million would that debt be cleared ?

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 37122

Useless Joe monks wrote:

Two offers of 1 million on singh’s table.

My names Joe and I’m useless.

Fuck right off….formalities over, welcome aboard.

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 37122

mugsy wrote:

Shame the owner doesn't want to sell

Doesn’t want to do anything it would appear…we have in inert owner.

Smokin Joe · **Joined:** Sun Apr 14, 2013 7:13 pm **Posts:** 1105

mugsy wrote:

Shame the owner doesn't want to sell

Maybe he wants both of them?

Jamie1952 · **Joined:** Fri Jul 15, 2011 3:56 pm **Posts:** 7276

Did Sigh actually pay any money for Pools or did he just guarantee the loans against the club ?

Flying Hogans · **Joined:** Tue Nov 05, 2019 10:29 pm **Posts:** 5481

Useless Joe monks wrote:

Two offers of 1 million on singh’s table.

My names Joe and I’m useless.

A takeover being just around the corner would be a rational explanation for the news blackout and inactivity.

As if! :obscene-moneypiss:

Smokin Joe · **Joined:** Sun Apr 14, 2013 7:13 pm **Posts:** 1105

Could it be that he is covering his tracks, maneuvering finances, ducking and diving, burying skeletons etc before handing over the keys of paradise to the new owners? Highly unlikely but the ongoing news blackout is inexplicable even given Singh's previous antics.

Grayhoundend · **Joined:** Tue Aug 19, 2014 12:13 pm **Posts:** 7186

Jamie1952 wrote:

Do we know how much IOR sold Pools for, they left Pools debt free, how can you put a valuation of a million pounds on Pools, what assets do they have, certainly no where near a million pound as the fella said on Tees Pools aren’t worth a £1. There is rumoured to be a million pounds of debt from where ever, if a buyer bought Pools for a million would that debt be cleared ?

FFS Jamie can you see Raj writing anything off, He will say speak to the tax man.

Jamie1952 · **Joined:** Fri Jul 15, 2011 3:56 pm **Posts:** 7276

Grayhoundend wrote:

Jamie1952 wrote:

Do we know how much IOR sold Pools for, they left Pools debt free, how can you put a valuation of a million pounds on Pools, what assets do they have, certainly no where near a million pound as the fella said on Tees Pools aren’t worth a £1. There is rumoured to be a million pounds of debt from where ever, if a buyer bought Pools for a million would that debt be cleared ?

FFS Jamie can you see Raj writing anything off, He will say speak to the tax man.

He won’t write anything off, according to a Mail report he bought Pools from John Blackledge for a £1 with stage payments to follow, how much has been paid back and surely the repayments would have come from income from the club not from Singh himself. TBH it’s a minefield and I can fully understand why it’s taking so long unraveling all the finances involved.
If money is still owed then Blackledge will want to know that a new owner can continue to pay the balance of what is owed.

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 37122

Jamie1952 wrote:

Did Sigh actually pay any money for Pools or did he just guarantee the loans against the club ?

Jamie, you mispelt Singh as Sigh…but it seems more appropriate given the circumstances we’re in…we’re all sighing. sadx

kevin pooles gloves · **Joined:** Tue Oct 07, 2014 2:28 pm **Posts:** 9278

According to one of his care home workers he's a right greedy bastad and loves docking the wages.

While charging up to £700 a week for his residents

What a lovely guy.
refred

Kettering Poolie · **Posted:** Wed Jun 04, 2025 5:33 pm

Smokin Joe wrote:

Could it be that he is covering his tracks, maneuvering finances, ducking and diving, burying skeletons etc before handing over the keys of paradise to the new owners? Highly unlikely but the ongoing news blackout is inexplicable even given Singh's previous antics.

He should have got Fred West in- he had his critics did old Fred- but that man could dig, and never felt he got the credit his construction skills deserved! bbolt

Kettering Poolie · **Posted:** Wed Jun 04, 2025 5:35 pm

Jamie1952 wrote:

Grayhoundend wrote:

Jamie1952 wrote:

Do we know how much IOR sold Pools for, they left Pools debt free, how can you put a valuation of a million pounds on Pools, what assets do they have, certainly no where near a million pound as the fella said on Tees Pools aren’t worth a £1. There is rumoured to be a million pounds of debt from where ever, if a buyer bought Pools for a million would that debt be cleared ?

FFS Jamie can you see Raj writing anything off, He will say speak to the tax man.

He won’t write anything off, according to a Mail report he bought Pools from John Blackledge for a £1 with stage payments to follow, how much has been paid back and surely the repayments would have come from income from the club not from Singh himself. TBH it’s a minefield and I can fully understand why it’s taking so long unraveling all the finances involved.
If money is still owed then Blackledge will want to know that a new owner can continue to pay the balance of what is owed.

A quid? I've got 57 pence in change- surely that will cover most of it! bbolt

PTID · **Joined:** Wed Apr 26, 2023 3:07 pm **Posts:** 4066

According to most reports at the time a figure of around £1.2m was invested by Raj and Jeff when they rescued the club. No idea where the £1 valuation has come from.
For certain all this dicking around isn't over a f*cking quid is it?

Grayhoundend · **Joined:** Tue Aug 19, 2014 12:13 pm **Posts:** 7186

Jamie1952 wrote:

Grayhoundend wrote:

Jamie1952 wrote:

Do we know how much IOR sold Pools for, they left Pools debt free, how can you put a valuation of a million pounds on Pools, what assets do they have, certainly no where near a million pound as the fella said on Tees Pools aren’t worth a £1. There is rumoured to be a million pounds of debt from where ever, if a buyer bought Pools for a million would that debt be cleared ?

FFS Jamie can you see Raj writing anything off, He will say speak to the tax man.

He won’t write anything off, according to a Mail report he bought Pools from John Blackledge for a £1 with stage payments to follow, how much has been paid back and surely the repayments would have come from income from the club not from Singh himself. TBH it’s a minefield and I can fully understand why it’s taking so long unraveling all the finances involved.
If money is still owed then Blackledge will want to know that a new owner can continue to pay the balance of what is owed.

Yes.

billinghampoolie1908 · **Joined:** Thu Feb 05, 2015 5:52 pm **Posts:** 4420

While fans continue to buy season tickets he will go nowhere. Why would he? Best pocketing it all then leaving before the first home game.

Grayhoundend · **Joined:** Tue Aug 19, 2014 12:13 pm **Posts:** 7186

billinghampoolie1908 wrote:

While fans continue to buy season tickets he will go nowhere. Why would he? Best pocketing it all then leaving before the first home game.

Thats fine by me.

billinghampoolie1908 · **Joined:** Thu Feb 05, 2015 5:52 pm **Posts:** 4420

Grayhoundend wrote:

billinghampoolie1908 wrote:

While fans continue to buy season tickets he will go nowhere. Why would he? Best pocketing it all then leaving before the first home game.

Thats fine by me.

I think we would all take that now but he knows he can run us on a shoestring, not only that rumours are flying about that raj strings is hiding a few things. Who would of thought that?

Kettering Poolie · **Posted:** Wed Jun 04, 2025 7:35 pm

Useless Joe monks wrote:

Two offers of 1 million on singh’s table.

My names Joe and I’m useless.

Are you the next reincarnation of Porter n Boyd/ Crazy bird- spreading more malicious bollocks?

As he would start a thread with a hand grenade before fucking off sharpish too

Edit- I'm obviously not expecting you to reply

MutleyRules · **Joined:** Mon Nov 29, 2021 7:38 am **Posts:** 1196

Kettering Poolie wrote:

Smokin Joe wrote:

Could it be that he is covering his tracks, maneuvering finances, ducking and diving, burying skeletons etc before handing over the keys of paradise to the new owners? Highly unlikely but the ongoing news blackout is inexplicable even given Singh's previous antics.

He should have got Fred West in- he had his critics did old Fred- but that man could dig, and never felt he got the credit his construction skills deserved! bbolt

Mandy Jordache was better at digging.

Kettering Poolie · **Posted:** Wed Jun 04, 2025 8:03 pm

I don't know- she didn't go deep enough - remember when Trevor's hand was poking out the ground, (think it was Eddie the cabbie and Jimmy Corkhill) when they found him, after they dug the patio up! Her slab work wasn't bad though! clappp

Takeover

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