Come on raj, if you or your friend apparently reads this board then produce the full accounts, stop the uncertainty.

If you are serious about selling the club and have nothing to hide get them out there. Whats to lose?

Isn't that a pretty reasonable step for someone to do selling a business?

Yeh Raj sort it out !!!

Should work both ways then.. Consortium show your funds... cmon lets get's it all out in the open

Never going to sell the club without showing the accounts though are you? No matter if its the saudis or some polish shop owner wanting to biy it.

So why have the consortium made an offer?

thought that would be the starting point of any negociations. if it was a corner shop you,d want to se the books before making an offer. pools is just a business like any other.

Showing good will despite none being made on the other side? Taking a risk because someone is threatening to pull the plug on a club they care about? I think the questions need to be aimed at Raj. Nice deflecting though.

hiring playing staff and managers on two year deals does not show he's pulling the plug

Those were his words not mine.

But they weren't showing good will were they? They stated a "serious offer" has been made, and " an improved offer has been made". That's not showing good will.

Both statements are contradictory in some respects, but it's glaringly naive business to offer to buy the club without knowing what financial obligations you'd be taking on.

An offer and an improved offer are not good will? Then you contradict yourself saying itv was naive to make an offer. Isn't it naive to ask for an offer without submitting accounts to the offerer. Credit to the consortium they humoured him.

You really are scrabbling around now. If Raj has an issue about potential business naivety then hw should look at the state of HUFC and ask who is being naive here.

O dear you are really struggling to understand aren't you? Making an offer for a business without having seen the state of that business is just gambling.

Raj says they didn't convince him they had a viable business plan to safeguard the future and progress the club.
HUST say they didn't see the full accounts.

He said / she said - the truth of the matter is we take a view and form an opinion. Some are supportive of either side, some are against either side, I like to think I'm taking a balanced view. And I fully accept that others are entitled to theirs.

I'm neither a so called happy clapper, or a member of the Raj out club. Just someone who's seen 60 years of the club being run by shysters and good owners at times.

The ideal next owner for me would be a single businessman/woman/other identity from the town who is a genuine supporter in the mould of Harold Hornsey but with more cash.

Consortia are a worry as they individuals will not always agree on the way forward or when and where to invest. As evidenced by the fact that the consortium that made the offer were not the same as the one that started the process due to a couple dropping out.

Oh dear I don't think you understand. Offering a club up for sale then not showing accounts is nothing more then posturing and time wasting. I think its pretty rich to express doubt on the consortiums ability to run HUFC when the club has currently hit lows undreamed of. I don't think the current custodian nor his supporters are in a position to throw stones from their glass houses. You say you prefer a single owner, well we currently have one, he makes the decisions. That's going tremendously well isn't it??

So if not showing accounts is posturing and time wasting why did these astute businessmen waste their time and make 2 offers? As I said before, due diligence is an absolute obligation before offering to buy a business, you can't do due diligence without full access to the full accounts. Without being able to complete due diligence most prospective e buyers would walk away. Think about it without the Raj out at any cost mindset.

I don't know why you are still trying to pull at this obtuse dangling thread. Well I do really its called deflection. If you keep deflecting you might keep the argument away from the myriad of elements that completely undermine your position. Its a really funny old positron to take as well, are you another one of the deluded Rajettes or are you not precisely who you claim to be? Not exactly as impartial as you make out because your zeal said otherwise.

Because these are Hartlepool fans. Raj Singh had told them he would be walking away in February which would lead to administration. As fans of the club they realised this would be awful for the town and decided to try and save the club from admin. Raj then rejected their offer and has had a sudden change of heart that he now wants to run the club.
You're right that due diligence is an obligation but when you can't exactly perform it due to the information provided and you've been told that the thing you're buying will cease to exist soon there's not a lot you can do other than attempt to help no?

If I was buying a car or a house I,d want to know the price before even viewing maybe it's different when it comes to a football club as there is always undisclosed stuff going on like transfer fees.

Raj singh would not tell a porkie that he is walking away in february, no way, not our raj.

Maybe the abuse that he has received wasnt quite as bad as made out by some and he now loves us all again.

No never he's always true to his words. Just look at the excellent contract offer he made Dave Challinor that took 3 months for him to sign, all of the playoff budgets he's given to those excellent managers he appointed despite not knowing who they were months later. Even the stadium redevelopment that he agreed to but unfortunately the council dragged their feet and he couldn't make that happen. He's even apologised multiple times and said he has made lots of mistakes BUT not just him and that the buck stops with him BUT his advisors shouldn't have advised him.

I don't go to all the home games, but the only time I've heard any anti Raj chanting was after Crawleys second hit the back of the net and our relegation was all but confirmed.

There are plenty on the Bunker who think hes taken us far as he can and would love a new owner (but nothing offensive/threatening to the guy himself).

Maybe facebook is different, but surely thats the same for anyone remotely in the public gaze. (refuse to use it).

Yeah yeah......but but.... the consortium, they're baddies and might have us fighting relegation to NLN and burn through managers and make hollow promises and refuse to reveal accounts and dick around potential investors and give unsuitable managers permanent contracts on the day a club is visiting whose manager they previously dicked around just to make a point (then get tortured 5-0). What if they did all of that? Shouldnt we run a mile from that kind of thing?

If Raj Singh really wants Pools of his hands he wouldn’t be bothered about the club’s future as he says.

more the money has come into the game more is this air of secrecy around in the football businesses. are clubs trying to hide stuff or making things more rosy than they actually are in the game. for me there are iwo many clubs built on sand who are only surviving because of their owners and would be in a worse position than us if those owners all walked away and took what they could with them that they legally could. for me the game is in a real mess and we are just part of it at pools. fans can take some blame for this even if small. this constant demand for success is feeding the animal that could eat the game up if everyone is not careful.

only a lifelong fan would be bothered and like them all they are not ones.

So because aware if how business deals are conducted and I've pointed out basic warning flags based on BOTH official statements, and bearing in mind the International Investment Company mentioned may or may not be headed by a Hartlepool United fan, they will have shareholders to satisfy, so reckless spending without due diligence wouldn't happen.

And just because you have no answers thar make business sense I must be affiliated to Raj. Well I'll say it again, I've never met the man, have no wish to, and the only affiliation I have is to the TEAM I support Pools, couldn't give a toss who the owner is. The fact is I'll be there tomorrow as ever, if the consortium come back and take over I'll be there, if someone else co.es I'm I'll be there, supporting my TEAM regardless.

You’ve been running from it since Bristol.

Request them from the freedom of information act. Anyone can...

Lets be honest Raj only asked for the trusts help because no one would deal with him because of his business
reputation and also to give him a scapegoat, if you listen to him it is always someone other than hie fault, the manager, the players, the supporters even the local press. He never blames himself, Lee rust or Rose stoker for doing what? The buck stops with the Chairman/Owner so please at the very least be honest to the supporter who are your paying customers!

Hit him where it hurts the most, in his pocket, he's a typical businessman, all about the money.

The most telling remark in this whole thread was by Mr PTID:

If there were no accounts shown then how did the consortium feel able to make any offer at all?

Have you bought a house before? I suspect if you did you put in an offer before searvhes/survey. The offet was subject to those. There is data about the clubs accounts in the public domain. I expect if Raj wanted to see more details of the consortiums finances then it wasn't very sensible to deny access to further details about the club, especially when there was an NDA in force.

When Marc Bridge Wilkinson committed to a 2 year deal following his loan spell with us, one question he asked Singh was about the future of the club financially as he was aware of the previous issues. Singh told him he had nothing to worry about. 4 months later MBW was one of the players Singh withheld wages from. Tells you all you need to know about his promises.

How can you state that ..’the offer was subject to those’ without access to the terms….did you mean ‘assumed’..?

Its pretty safe to say it was as thats the way millions of businesses change hands across the country, the offer comes first.

How on earth can you value a business and make any offer, even conditionally without having done due dilligence?

Besides which, on what did they base their publicly stated improved offer - it's even after to suggest they would. Yet they went ahead and announced the improved offer (not the improved conditional offer).

And let's not forget Raj pulled the plug stating they didn't have an acceptable business plan, the consortium didn't pull the plug stating they hadn't seen the full accounts, their statement ref the accounts smacks of retaliation.

Now I dont know who's telling the truth, but it's worrying that we are now in limbo as to what the future holds.

I've been involved in a few takeovers in my working life. The usual process is: enquiry - NDA - business info - assessment/DD - offer or decline. You would never get to offer stage without the full info as you simply cannot make a judgement.

I thought the consortium had given Raj an ultimatum, so the plug would have been pulled even if Raj did nothing. He pulled it earlier to try and control the narrative.

To be fair to you, I just googled it. Nothing like experiencing it first hand.

What ‘reputation’ is that, please enlighten me.

Common sense, That will do for me.

Incomplete and unaudited basics were shown, read the statements

Apart from Graeme Lee getting his son beat up.
Well Aye that's about it.
He's had nothing on the Bunker.
Maybe a missconseption of a bit of constructive criticism which Is plausible as the last 2.5 years ain't been to good.