I am afraid I second all that OI says below, even if you're right Trig. Bert and Meadow don't need the aggravation and I was surprised how bereft I felt during that WUPless period. I imagine others were too.

Trigger you are right, I was thinking of a CVA, which the creditors get to vote on (although some clubs have done a CVA rather than administration).

I suppose for the DT/club, the question is whether we look for another investor- knowing that our internal saboteurs will be on the case whoever comes forward, or just wait it out for administration- presumably they will try the former, but if I had been involved in setting up the previous deal I would be terminally frustrated with certain elements of the fanbase and strongly inclined to just let things play out.

Quite simply Bert has put up with a lot in providing this space for us. He doesn't need even the threat of legal action, whether such action would occur or not and be successful or not. We may all have our opinions about various groups and people in the club and Trust but if you want a space like this, you have to consider the people who bear ultimate responsibility for what appears in it.

as for being a mentor on Prince's or as now King's Trust. I was asked a number of years ago to apply, but declined, since I was mentoring elsewhere (still do), and they request a six month commitment, but it clashed with a scheduled procedure, so declined.

That thought did cross my mind a4e

[Link] Not sure if link will work!

$2 trillion was wiped off tech stocks last week. I suspect Omar Mir was well exposed, since he is heavily involved in AI.

Fair comments - just thought it was worth considering. As you say, we’ve got our own malign disrupters it seems… :(

We need a full detailed update from the club ideally today and certainly this week

I think we are more than capable of handling our own demise 😞

Don't think any other clubs are interested in our demise including the franchise.

Is there any possibility that the scuppering of this deal may have been instigated from a malign influence outside of the fan base rather than from within - I only say this because we all know of one specific town where hatred of us runs in their veins….?

Administrators decide the new owners. Bond holders would be lucky to get anything and have no say in it either way. The bonds are unprotected. That’s why people like our financial director types might sell the club’s soul rather than go into administration.

Nick I agree with that - an outside investor (even Baron Mir) would be better to wait until the club goes into administration and then take full control rather than having to continually pay service to the DT. If we wished to find a good owner post administration the best thing we could do is go into administration with the bond holders being the main creditors as they would vote on any takeover and would generally have our interests at heart.

I must have read a different Sun article. I can't see anything in it about remaining fan owned at all costs. It does dramatically talk about the club now being in disarray and with £7.5m debts plus £2.4m annual losses and without this takeover the club will crumble. Are our finances really the worst of all ELF clubs? I'm more inclined to agree with SW19army and Mr Mir pulling out is due to AI stocks.

Nice to know it’s registered btw. Who was it who told you to post that?

No meadow. They lied. People on the DTB at the time substantiated that the DTB had lied. If you want to say that they didn’t lie then that’s fine. I will disagree with you. If the DTB want to shut Wup down they will have to prove that they didn’t lie.

If I were a potential investor in the club, my takeaway from this would be that there is a group within the fanbase who will stop at nothing to thwart any outside investment- therefore any approach involving co-operation with the DT and requiring fan approval is likely to fail, therefore the best strategy for the buyer would be to await administration and buy the club from the administrator who won’t need to waste time getting fan approval (and equally won’t have any interest in inserting conditions of sake involving the fans keeping control over the ground etc). The fan-owned brigade are doubtless feeling very pleased with themselves tonight, but I would imagine that this will prove to be the ultimate pyrrhic victory for them.

Trig, will you please desist from accusing the DTB of lying? Such accusations could lead to WUP's Closure. I don't have any confidence in the DTB but I don't believe that they're liars.

How has this not made the news? Like proper news not the clique network of WhatsApp groups and that weird discord thing where the new ESG Chair shares information before anywhere else.

I find it hard to argue with you Oxford. I find it inconceivable that somebody from our own fanbase seems to have gone to such lengths to stop the investment. With people like this as yet unknown person on our fanbase nobody will ever invest in our club. I believe there are a minority of fans that are so against investment of any kind they would rather we fell back into non league. I do not see outside investment as an ideal scenario. In an ideal world we would remain 100% fan owned and be totally self funding. But anyone who thinks like this is quite frankly living in cloud cuckoo land. We need investment to survive those are the facts and the fact there are people so petty as to seek to sabotage any investment I ask this question. Will you still think your actions are in our clubs best interests when we fall into administration or worse ? This person or persons may well be responsible for landing us in a place where we end up losing complete control of our clubs because administrators won’t give a damn about our desire to stay fan owned when they flog us on the cheap to whoever will pay. Not only will we no longer be fan owned our club and stadium will no longer belong to us.

Nobody reads The Sun anymore people haven’t done since the early 90s. We’ll never know why Mir decided to pull his £86m from the deal straight after he met Buckley and Fox.

Oxford Don that’s twice today you have summed things up so well

What rubbish news today. Is there a fee due to us for them pulling out?