A restructured and improved offer to be answered by Friday lunchtime has been sent to Raj but they added that they're willing to talk. What is there to talk about if there is no intention to change their offer. I hope Raj is in a good mood when he reads it.
There appear to be three parties owed money by the club, Sage, Prestige and the football authorities. As we have no details of the deal being discussed other than a six figure sum has been offered and debt arrangements suggested. A six figure sum is anything between £100k and £999k, which is a substantial gap, and doesn't tell us very much. As for the debt restructuring, what that exercise tells us is that the consortium either haven't got the money to cover at least the Prestige debt or they are confident they can cover it in instalments over an, as yet, undisclosed period. The loan merchant within the ranks of the consortium surely should be able to step in and keep the debt in house as it were, so why not.
The biggest things I have sold, as is with most of us, are the houses I have owned. Whatever they were valued at I always add 10%, based on the fact buyers, whatever the price, will try and knock a bit off and the theory is you can always come down if you deem it prudent.
In this case I think it all hinges how desperate Raj is to sell. Knowing what we know about him he doesn't appear the type that you threaten or give ultimatums too. So, unless he is desperate to get rid, flexibility on his part might be at a minimum. People say he blames everybody and anybody except himself, apart from the fact that he took responsibility for the Hartley fiasco and apologised for it, so I think the answer will be sod off and use the ultimatum as his get out route. I hope I'm wrong but I do think the ultimatum is less than necessary. A better way, in my opinion, would have been to present the revised offer across a table and witness the reaction, which may have given the consortium an idea of whether the new offer was getting there or not If the new offer was then rejected however the option would be there to request a recess, decide there and then to say the offer was final and is on the table. Raj would either say no or discuss the time limit for his final answer. Then no party would feel aggrieved by the issue of ultimatums.

Absolutely but I was answering Jamie's point

Raj handed out the ultimatum Saturday night and said its gone on for 9 months, its affected the club, the response was we have met every deadline. While we are at it here is an ultimatum back friday take it or leave it.

Like you say if he wakes up in a bad mood, be see you later consortium. Basically the guy you have defended to the hilt your saying is a loose cannon depending on what side of the bed he gets out of.

Bottom line:

Accept: And get Money up front and loans back over time.

Reject: Very risky, Could end up with next to nowt.
And money thats been offered, Spent on restructering a new club.

In simple terms.

I took the willing to talk thing as 'this is the most money we will offer but if you want to discuss changing things around that keep within this money then we can do that'.
Haggling on the level of debt owed to the current owner will happen in any business, Raj wants out and the consortium may not want to pay him the total amount he has loaned the club as they don't think it's worth it. They very well could have the money to pay him the entirety of his loans up front but I know for sure if I was buying something which was worth say £500,000 and the current owner wanted an up front fee as well as the £1 million he'd put in but hadn't improved the value of the business I would not be paying him £1.5 million for it.
I also find this loan shark/merchant talk very disturbing. Someone who has a track record of investment in distressed companies is not a loan shark. They are someone who see's the value of a struggling company and thinks they can turn it around using their skills and knowledge. They will either then invest in or take over this company and try to turn it around in the hopes they can make a profit on the company later down the line. The way they lose money on this is if the company fails, so loaning the company money and then calling in your debt is a good way to lose most of your money quickly. This is why Raj has not put the club into admin as he will lose most of the money he has tied up within the club. I find the use of the term loan shark in this scenario is only coming from people who either don't understand what they're talking about or actively oppose the takeover.
He didn't take ownership of the Hartley appointment he said 'I take full responsibility BUT it was the job of someone else etc.' and threw Adrian Bevington under the bus.
The Consortium have given Raj an ultimatum because he made everything public on Saturday. They had made an offer, it had been rejected on the Friday and then had a further meeting planned on Monday. This was all done in private and along the lines of what you have suggested be the correct way to do things until Raj decided to release a statement saying you're taking too long etc without saying offers had been made to try and get the fans on his side.

I think what you clearly dont understand is raj can do no wrong. He can do and say when it pleases him apparently, but say something back to put the ball back in his court and thats just going to get his back up.

Raj thought he could say what he liked Saturday night in the hope he turns out to be the good guy again, it took about an hour for that to be put right.

Sometimes you have to bite your lip, And be cute.
Theres more than one way to skin a cat.

Certainly is but they probobly know he is looking for a way out of selling, so somtimes the double bluff works. If you are going to come out with the consortium is dragging their heals, then you should expect a reply when clearly they havent.

If the offer was decent wouldn’t he have left the decision on a new manager and players to the new owners?

I don't like the words loan shark either which is why I didn't use them.
Nobody is suggesting that Raj can do no wrong, nobody can lay claim to that accolade, however the ball is firmly in his court or, if you like, he holds all the cards. The deal is down to him, he is the only person that can say yeah or nay to the offer
He may well be playing games or even tricks but the smart move is not to fall for or remotely retaliate to his antics.
If the consortium are seriously desperate to take over as their passion demonstrates they shouldn't be getting into or allowing themselves to be dragged into, a tit for tat brawl. I have done years of negotiating one way or the another and I avoided that scenario like the plague and I am suggesting the consortium take that stance at least until they get what they want.
Just stick to the point and don't allow yourself to be side tracked.
As I hinted at earlier, if the other side is looking for a way out don't hand it to them on a plate, unless of course you also want a way out, In that case goading him would be a decent shot.
You can't portray somebody as a scheming, conniving, penny pinching, ruthless nasty bastard and then whinge when he proves you right can you.
Still hoping for a successful result.

thought exactly the same especially when LL didn,t expect to be around for long in the job. actually thought it might just be the case of a few little points to iron out before pen came to paper.

If you bought a house, left it to become problematic. Needing a rewire, new roof etc

Then tried to sell it. It was worth £200k but to get back into shape would cost £75k, you wouldn't pay £200k at all


And that's the issue

Pools has lost value.and if we drop a league, will be worth even less

The only one struggling to grasp that is Raj

Does anyone really know what debt, if any, and to whom and likely timescale to repay?

Until that's known you cannot put a realistic value on the worth of the Club.

Raj knows the value, in his eyes, the consortium must have seen the "books" and have valued their offer on that and now it is a question whether any mediation can resolve the problem.

I've just thought, along with others, that the appointment of a new Manager, Raj is now deciding to keep ownership with the belief that KP can both keep the Club in the National and be successful next season of getting the Club back in the EFL.

Maybe Raj grasps exactly that and it might explain why more and more people are saying he's going nowhere. He appears to be reigniting his interest. If that's true and he starts trying to move the club forward that will increase it's value and maybe it'll be worth something nearer to what he wants.
Even more ifs. Who knows.

No this is Raj.

KP was suspended, Otherwise i think LL would have steeped back.

No matter which way you look at it Raj is still going to lose money, To get this club sorted its going to COST, And thats before thinking of rising up.

False economy

Some simple advice for Raj

1. Accept the offer cut your losses, leave on good terms = Good Plan
2. Change your mind, radically change the way the club is run because...... it's really not working = OKish Plan
3. Change your mind, continue to run the club as it has been hoping KP is the new DC = Terrible plan
4. Change your mind hoping to get more money from the consortium or some other poor souls = Plain lunacy

It's very easy to advise someone to take a hit when it's not your money. If you know the size of the hit you are advising then tell us.
Why should a hit be necessary. By now the consortium should know what raj will accept or at least have a damn good idea. If they can't afford it best say so now, and stop building the fans hopes up.
We can hope that Raj is willing to write a chunk off but we have no right to expect it.
If people had refrained from continually attacking the man then there might have been a good chance. Who knows there still might be but I won't bet on it.
To ask a man who has been told by the fans to get out and then suggest he leaves the club with what could be hundreds of thousands of pounds as a parting gift is a bit cheeky even by your standards Mr Imp.

Got anything to back up that statement that one of them is a loan shark? You cant just make shit like that up when you have no clue who is involved or what the deal they’ve offered Singh looks like

If everything written on here had to be backed up my friend there would be empty spaces but you do make a good point.

Amen

This alleged takeover is turning into a soap opera.
Everyone can find a reason to back their option, yet…..Friday May be a day of delight or despair depending upon your point of view….trouble is it just doesn’t feel right, can’t put my finger on it but……..
That I should care, I’m just gonna be sanguine about the whole business and pull up a chair to watch..

So Raj turns down the consortium offer can you imagine what the atmosphere will be like on Saturday, the trust and consortium have been made to look like scapegoats by him when no one was interested in dealing directly with him due to his reputation in business.

[/quote]

Maybe Raj grasps exactly that and it might explain why more and more people are saying he's going nowhere. He appears to be reigniting his interest. If that's true and he starts trying to move the club forward that will increase it's value and maybe it'll be worth something nearer to what he wants.
Even more ifs. Who knows.[/quote]

I think that is exactly right. The hiring of KP i think signals he intends to have another crack at it. He has made a few mistakes but overal there is no way he doesnt have good intentions.

Gordon Ramsay new programme, Football Clubs from HELL, featuring Southend United, Manchester United, Reading, Everton and Hartlepool United. He has to rebuild the stadium and rekindle the owners fire and passion of why they brought the club, plus sorts out the match day catering.....

Can it be done at us! The catering services will be impossible at Pools

I think Raj wants the consortium to put money into Pools but for him to still have overall control. Cannot see him accepting the final offer, he is very stubborn and very arrogant, he will think it will make him look weak if he accepts the offer. I pray Im wrong but that is the impression I get from this fellow.

Lots of different scenarios.
But if the offer gets accepted and progress on the pitch I sent superfast.
The deciples of Singh will be ecstatic saying the grass is never greener on the other side and this is what you wished for. Then go into boycott mode till boneyard time.

Or we make good progress and Sing gets the plaudits for relaying the reborn foundations.

See we all capable of wordtwisteryBS.

Life is a gamble.
A very short visit on Earth.

But let's debate in peace brothers / sisters of Bunkerworld.
UTP.

well there might be a bit of truth in that. didn,t he ask a few years back for people to come forth with funds to help him in his task. problem with that is people like to have a say in where their money goes and trust and money make bad bed fellows.

Maybe Raj grasps exactly that and it might explain why more and more people are saying he's going nowhere. He appears to be reigniting his interest. If that's true and he starts trying to move the club forward that will increase it's value and maybe it'll be worth something nearer to what he wants.
Even more ifs. Who knows.[/quote]

I think that is exactly right. The hiring of KP i think signals he intends to have another crack at it. He has made a few mistakes but overal there is no way he doesnt have good intentions.[/quote]

The hiring of a manager that got promotion at the second attempt i believe from the NPL, with a budget that dwarfed his competitors, but who left because a £1m budget at NLN level wasn't good enough for him to believe he could mount a challenge, is seen as evidence Raj is going for it? It will be really interesting to see how well backed KP is, and how well he does if it's only moderately. To me the way it ended at Shields suggested a manager who doesn't quite trust in his abilities without the safety net of a never ending cash supply, and who didn't want to tarnish his "successful" CV, only to find clubs weren't beating down his door with offers, hence him landing at The Vic. Time will tell..

Well if he didn't want to tarnish his managerial CV then he's taking a huge gamble taking the job here isn't he?
Or, he may have great confidence in his abilities and assurances that he'll get what he needs when he needs it from the chairman.

Howling at the Moon.
This is the new reality, get used to it.
I have already.

I need to.

Some on facebook saying that the amount offered was a mere 350k

Great source.

350k of chocolate gold coins

Didn't Raj's statement say he didn't want money up front, he wanted payment of debt from windfalls such as cup runs or promotion?

According to bunker sources all the debt was gone about 10 days ago.
Now it's magically come back.
Strange place at times.

Must be all bullshit.
A bit of confirmation would be nice.

Oh proper fans don't need to know.
I almost forgot about that.

Oh dear a statement by hust saying the only problem with the deal is raj. Who would of thought it

Be Careful there, you may upset something or someone

Nothing to see here.

2 different statements.
Looks like KPs getting the usual promotion budget in the summer.

What the promotion budget and the marquee signings? We've been promised so many of those perhaps there is a paperwork backlog and we'll sign them all at once! Imagine that!

Which is Free Agents, isn't it

Once that paperwork backlog has been sorted, im sure the full accounts will be published.

Then we can sign this beauty

League of Ireland Wales or that country near Bangladesh.

Myanmar or Bhutan