fears for the future...Notts

[Piethagoram 𝕏 @piethagoram]

https://www.nottinghampost.com/news/business/statement-expected-uncertainty-surrounds-notts-2580667

[cheeky~k8]

https://www.bbc.co.uk/sport/amp/football/47359872?fbclid=IwAR10yWN-j5yJ9QVj-pBsE5CHeLcwxm4IkVuu-oR5C4H-5giFT3CwzG8Wy3c

The bbc posted this aswell.

On it Alan Hardy said Notts County won't be affected if his interior design company went into administration and assured fans.

[eighteensixtytwo]

Notts should be fine, I am sure the club will be sold before any trouble happens and if the worst happens it will just rush the takeover. An extension might be granted too.

[Chris Website URL Visit Site 𝕏 fmcj10 Instagram fmcj10]

It's just scare mongering, someone will come forward and I believe this is more to do with Alan Hardy's separation from his wife. His company seemed to financially find before that, but even if it does start to spill towards Notts - it will just mean someone else will get their hands on the club for cheaper than expected.

Like when Hardy purchased off the Trews, that silly figure was branded around the media, but I was told it was nowhere that level due to the debt.

Funny how more was found, at least the next owner won't have this issue.

[BESTpie]

It's a worry but why concern ourselves with something we know little about. Pin more hopes on the clubs sale.

[DangerousSausage]

A 300k loss for a company with a turnover of over 60 million pounds is not much at all. AH has confirmed that they're in difficulties though

If it's true that Alan Hardy has been loaning the club money through Paragon, in theory Paragon's administrator will come knocking for that money. The statement didn't reassure me much - I took it as meaning that it won't affect Notts as the club will be sold by then. But what if it isn't?

[super_pie]

Its not looking good but we still have time

[cheeky~k8]

We still have time, i think id be more worried about the relegation.

[CliftonMagpie]

I am not panicking at this stage, I will wait for the courts to come knocking.

[SouthwestPIE]

It's a concern but just like talks of the takeover nobody yet knows the ins and outs. I won't worry just yet.

[BromPie]

Fans just need to hope for the best, this season will be remembered as one of the worst in the clubs history.

[allardyces tash]

Older fans like me will be quite immune to this news and if needs be, I am sure football fans would help to secure the clubs future as it did last time. If only Notts could become supporter owned like Portsmouth but clear of the trust.

[cheeky~k8]

It most definetly will be remembered as the worst for notts.

[liampie]

a buyer will hopefully come in before any issues occur to the club i wished the fl would do more to protect teams. not just notts but these issues are too common and there are things in place that are supposed to help but dont.

[cheeky~k8]

We can all hope that @liampie

[Piethagoram 𝕏 @piethagoram]

On 25/02/2019 at 20:46, DangerousSausage said:

A 300k loss for a company with a turnover of over 60 million pounds is not much at all. AH has confirmed that they're in difficulties though

If it's true that Alan Hardy has been loaning the club money through Paragon, in theory Paragon's administrator will come knocking for that money. The statement didn't reassure me much - I took it as meaning that it won't affect Notts as the club will be sold by then. But what if it isn't?

@DangerousSausage rightly identifies the real risk....If Paragon appoints an administrator, Notts will be in deep trouble...and administration could be the only answer,,, Unless a buyer can be found PDQ,  actual survival of our club is at stake

[ARLukomski 𝕏 ARLukomski Instagram declanweliczko_arlki]

When Trew knew he was in financial trouble at that court case in December 2016, he binned off Notts to Hardy. Hardy needs to do the same to that overseas consortium or whoever is prepared to make a bid for Notts. If we do go into admin, then relegation is a certainty 

[cheeky~k8]

When the trews were involved they stopped paying bills where as alan hasnt been taken to court over notts finances so hes at the least sticking to those. We usually manage to get a buyer in the end aslong as he doesnt advertise how much money notts has cost him.

[Fozzy]

Reported by Sky that Paragon are now in admin. I think we all know what that means, even if AH says differently.

[cheeky~k8]

1 hour ago, Fozzy said:

Reported by Sky that Paragon are now in admin. I think we all know what that means, even if AH says differently.

I was going to say that. He hasn't been able to pay his other companies wages this month so i hope Notts arn't next. We need to find a new owner very soon.

[Fozzy]

Flip of a coin now. Either it will trigger a bid from someone with the hope of keeping us in the league, or they will wait to buy us out of admin.

[Piethagoram 𝕏 @piethagoram]

Why risk buying at a perceived higher price.... relegation threat meaning they are likely to hang on and buy at the lowest point..though difficult to get out of Vanarama

[batonncfc]

22 minutes ago, Piethagoram said:

Why risk buying at a perceived higher price.... relegation threat meaning they are likely to hang on and buy at the lowest point..though difficult to get out of Vanarama

The price would be more suitable if sold with the debt, assuming Alan Hardy sold for that alone and not to recoup the money he put in.

East Midlands News suggested that Paragon are happy to wait for the takeover to be concluded.

[Fozzy]

And now the HMRC have come a calling, but Notts are saying that it will be dealt with. It's all going rather pear shaped.

[Super_Danny_Allsopp]

44 minutes ago, Fozzy said:

And now the HMRC have come a calling, but Notts are saying that it will be dealt with. It's all going rather pear shaped.

Russel King will sort it.