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Post by bubba on Jul 19, 2022 14:16:21 GMT
I looked up Maxco Capital on the Companies House records when Team Lopez first got mentioned . At that time there were 3 “ active persons with significant control “ ( a Companies House term for shareholders ) Paul Richardson Maxi Lopez Christian Codoma ( * ) (*) Companies House show he ceased being active on 23 May 2022 So now there are 2 . It appears that Team Lopez are going to use Maxco as their vehicle to purchase BCFC ( although that is not yet confirmed ) . Christian Codoma has been described on these pages as an “ Argentinian billionaire “ . I don’t know the source of this or what he is a billionaire in but if it’s the Argentinian peso that makes him worth just over £7 million ( 1,000,000,000 divided by 139 pesos to the £1 ) . I have conducted quite a few searches but non indicate that he is a US dollar or U.K. pound billionaire . So unless more information is released about him I don’t think we should rely on him funding BCFC at billionaire levels .
Codoma apparently mostly deals in property, fairly successfully, but no football experience, hmmm.
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Post by bubba on Jul 19, 2022 14:23:39 GMT
Exactly
Shite deal for a buyer, but if your intentions are nefarious it matters less.
Gives BSH what they want (and likely need sooner rather than later)
And that's why i would have waited a little longer
Indeed but it wasn't yours or ours to sell.
Only a fool or a crook would be a buyer in such a poor deal which again Southall has history for, paying an inflated price to gain control of a club. Funnily enough just as Carson (another crook) did.
Normally this would be fooliish in the extreme, but if your intentions aern't to run the business well but use it to launder money or run up debts that will never be paid whilst sellng off stock or assets and pocketing bonuses for yourself, it can still be personally profitable, the mafia have been doing it for a century.
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Post by choc on Jul 19, 2022 14:33:23 GMT
And that's why i would have waited a little longer
Indeed but it wasn't yours or ours to sell.
Only a fool or a crook would be a buyer in such a poor deal which again Southall has history for, paying an inflated price to gain control of a club. Funnily enough just as Carson (another crook) did.
Normally this would be fooliish in the extreme, but if your intentions aern't to run the business well but use it to launder money or run up debts that will never be paid whilst sellng off stock or assets and pocketing bonuses for yourself, it can still be personally profitable, the mafia have been doing it for a century.
I was giving my opinion as a Blues fan. Some are so desperate they will take anyone which IMO is foolish. I think we have jumped from one shite ownership to another. Then again, typical Blues. Push the bus back in the garage |
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Post by stevo on Jul 19, 2022 14:39:57 GMT
I wonder what happens to Ian Dutton if Southall comes in ?
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Post by expatjohn on Jul 19, 2022 14:44:45 GMT
I wonder what happens to Ian Dutton if Southall comes in ? I had the same thought. I suspect, unfortunately, that his face won't fit. |
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Post by ramsey on Jul 19, 2022 14:51:47 GMT
I wonder what happens to Ian Dutton if Southall comes in ? I had the same thought. I suspect, unfortunately, that his face won't fit. Isn't he part of this, along with Yu? |
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Post by ramsey on Jul 19, 2022 14:53:58 GMT
See the BBC not reporting anything. They are all interested though🥱 Neither have the club nor the HKSE. Makes you wonder. |
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Post by stevo on Jul 19, 2022 15:02:00 GMT
See the BBC not reporting anything. They are all interested though🥱 Neither have the club nor the HKSE. Makes you wonder. They've only paid the deposit to do DD haven't they ? Richardson a couple of weeks for confirmation. Isn't that when the HKSE will make an announcement ? |
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Post by bubba on Jul 19, 2022 15:02:01 GMT
Indeed but it wasn't yours or ours to sell.
Only a fool or a crook would be a buyer in such a poor deal which again Southall has history for, paying an inflated price to gain control of a club. Funnily enough just as Carson (another crook) did.
Normally this would be fooliish in the extreme, but if your intentions aern't to run the business well but use it to launder money or run up debts that will never be paid whilst sellng off stock or assets and pocketing bonuses for yourself, it can still be personally profitable, the mafia have been doing it for a century.
. Some are so desperate they will take anyone which IMO is foolish. I think we have jumped from one shite ownership to another. Then again, typical Blues. Push the bus back in the garage
I know, I wasn't being funny, just agreeing with you that if it was up to us, us being the fans then yeah most of us wouldn't have, not to these.
As for these being better, like you I'm extremely dubious they'll even be viewed as good in the fullness of time. The two things that stick out are the deal itself and Southall, they're huge red flags.
Best case scenario they're not as crooked as feared and they fluke a promotion and sell us on for a fat profit and go away, it's a bigger pay off than running us into the ground. I'm just not convnced Southall is one of them leopards that changes his spots and there's other clubs they could have got for less money (including the next 2 year's running costs) that would have made that long shot more realistic.
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Post by bubba on Jul 19, 2022 15:03:34 GMT
I wonder what happens to Ian Dutton if Southall comes in ?
Dutton was wanting them to come in allegedly with Gardner wanting Bassni.
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Post by bubba on Jul 19, 2022 15:04:26 GMT
I had the same thought. I suspect, unfortunately, that his face won't fit. Isn't he part of this, along with Yu?
Allegedly yes.
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Post by gammo on Jul 19, 2022 15:32:23 GMT
Have we signed Diego Costa yet? 😅
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Post by honkybluenose on Jul 19, 2022 15:37:07 GMT
Neither have the club nor the HKSE. Makes you wonder. They've only paid the deposit to do DD haven't they ? Richardson a couple of weeks for confirmation. Isn't that when the HKSE will make an announcement ? Yes it has not completed yet and won’t until EFLapproval is given and any outstanding DD is completed. Nevertheless if a contract has been exchanged that is anything like the one glosbigblue has reported they surely need to announce it to the HKSE on exchange of contracts (I.e.now) and I would be surprised if an EGM of BSHL shareholders is not required for their approval. |
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Post by blueandtrue on Jul 19, 2022 15:39:35 GMT
Paul is a very astute businessman, I have known him from a very early age in business, from when him and is dad worked together, he has a good track record at building things up, and then selling them on, you would need to get up early to pull the wool over his eyes, and up to now he has not made many mistakes, but time will tell on this one.
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Post by gammo on Jul 19, 2022 15:44:38 GMT
The thing I look at the most with this deal is that Richardson is a life long Blues fan - surely he'd never live with himself if he's bought/buying the club knowing he could screw it all up from the very start.
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Post by waggy on Jul 19, 2022 16:06:07 GMT
Richardson doesn't worry me at all. He's clearly a successful bloke and seems like his intentions are honest. It's the people who He's surrounded himself with....
It also all just feels a bit off, the press conference in the car park. The announcement that they've done the deal when they haven't even looked at the books yet. Too many things just seem a bit strange.
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Post by royalblue on Jul 19, 2022 16:39:35 GMT
Richardson doesn't worry me at all. He's clearly a successful bloke and seems like his intentions are honest. It's the people who He's surrounded himself with.... It also all just feels a bit off, the press conference in the car park. The announcement that they've done the deal when they haven't even looked at the books yet. Too many things just seem a bit strange. I was just thinking the same thing. Something is off in all this and whilst stating that contracts may been signed and a deposit made they still have DD to complete. This makes me wonder if the deposit is the £1m to look at the books and the contract is to do just that with the prospect of a deal being done subject to DD. There is nothing on the HKSE, the official site or from the ELF supporting their claims. Now, I am not saying they are lying but with out DD having been done there maybe a lot of hidden costs relating to ground repairs and player contracts that could hijack this sale yet. Like others it does not reassure me if true. If it is we can only hope that PR is the shrewd businessman and devoted Blues fan some say he is. I will of course give any new owners the chance to prove themselves but my current impression is this deal is not cut and dried yet. |
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Post by tonyhancock on Jul 19, 2022 16:55:51 GMT
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Post by bluescharlie on Jul 19, 2022 17:12:21 GMT
Just cause he’s blues doesn’t mean he’ll be good. Mel Morris is a derby fan but look what he done to the club. I don’t care who they support as long as they do a good job
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Post by choc on Jul 19, 2022 18:02:57 GMT
So BBC Midlands Today absolutely zero report on what happened today. So who's going to come on here and tell me it would be the same if the same news was announced about the vile.
What a joke.
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Post by ramsey on Jul 19, 2022 18:33:43 GMT
So BBC Midlands Today absolutely zero report on what happened today. So who's going to come on here and tell me it would be the same if the same news was announced about the vile. What a joke. Birmingham City Football Club. Absolutely no report on what happened today. Tell me it would be the same if it was Vile. Can you blame them if the club is not even interested. Maybe there is nothing much to report in reality and the whole thing is being hyped at the moment? What are you doing watching the BBC anyway? |
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Post by westheathen on Jul 19, 2022 18:36:28 GMT
Nothing on central news either. Both useless tbh and normally 24 hours behind.
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Post by BluenoseB on Jul 19, 2022 18:43:09 GMT
Radio wm had it on there news during daytime.
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Post by choc on Jul 19, 2022 18:45:35 GMT
So BBC Midlands Today absolutely zero report on what happened today. So who's going to come on here and tell me it would be the same if the same news was announced about the vile. What a joke. Birmingham City Football Club. Absolutely no report on what happened today. Tell me it would be the same if it was Vile. Maybe there is nothing much to report? What are you doing watching the BBC anyway? Does anything ever come out of Birmingham City FC. When vile were in the shite things were reported every day. They should have spared us all at least 60 seconds of their time tonight to report on what is going on at the football club that carries the name of the City of Birmingham. I can't believe you are defending them. Or is it that you have come to accept that anything related to Blues is just shit. |
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Post by ramsey on Jul 19, 2022 18:46:08 GMT
To be fair, these programmes cover a huge area with many football clubs. Nothing has been confirmed. Just some fashion bloke most have never heard of taking a look at the books. According to him. If I was an editor, I wouldn't bother either until everything was confirmed and completed. There are bigger stories out there I'm sure.
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Post by royalblue on Jul 19, 2022 18:48:35 GMT
The lack of TV coverage might be reflecting the crying wolf over recent weeks about the club being bought. There is nothing official to support these claims as there was not with Bassini. For that reason I could understand them wanting more definite evidence before reporting on it. I may be getting this wrong but they have paid a deposit, have exclusive access, are doing DD and are looking to buy 21.6% of the club in 2-3 weeks with an agreement to acquire the rest in 2 years. When they have actually bought the 21.6 %, signed an official contract to buy the club in 2 years and these things have been confirmed by official sources we may see the local TV show an interest. Until then I would not blame them for not reporting it given the whole pantomime of recent weeks.
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Post by choc on Jul 19, 2022 19:13:23 GMT
The lack of TV coverage might be reflecting the crying wolf over recent weeks about the club being bought. There is nothing official to support these claims as there was not with Bassini. For that reason I could understand them wanting more definite evidence before reporting on it. I may be getting this wrong but they have paid a deposit, have exclusive access, are doing DD and are looking to buy 21.6% of the club in 2-3 weeks with an agreement to acquire the rest in 2 years. When they have actually bought the 21.6 %, signed an official contract to buy the club in 2 years and these things have been confirmed by official sources we may see the local TV show an interest. Until then I would not blame them for not reporting it given the whole pantomime of recent weeks. I hear you but you and I know it would be different if it was the vile 😉 |
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Post by stevo on Jul 20, 2022 4:48:21 GMT
Nothing to report really. Two blokes looking at books hoping to buy the club. Nothing different to Bassini atm.
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Post by bubba on Jul 20, 2022 15:03:51 GMT
Nothing to report really. Two blokes looking at books hoping to buy the club. Nothing different to Bassini atm.
Sadly that's not true.
Bassini didn't tour the stadium and meet wth bcfc's Chinese directors
Bassini didn't apply to the EFL for approval
Bassini never actually had any money
Bassini is nuts with either a mental illness or drug problem in all probability
Bassini had form for shouting his mouth off and not following through
Bassini never lodged a deposit
I desperately do not want this deal to go through, but have no reason to suspect anything PR has said the last 24 hours isn't true.
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Post by charltonfaninpeace on Jul 23, 2022 10:26:51 GMT
Matt Southall to be CEO. LOL. It's all bullshit. Charlton fan in peace here... You guys need to stop Mouthall AT ALL COSTS! The article with your prospective owner saying he's been mates for about 10 years... Wrong'uns attract wrong'uns! He beloved he was unfairly blamed for sticking in exorbitant consultancy fees? Unfairly blamed for presenting and / or signing off an invoice for £85k on behalf of his partner for work that never took place? (If it did, where and what on?) Unfairly blamed for giving himself a salary that anyone could see was above the threshold for a club like Charlton to service for someone in that role. Unfairly blamed for wracking up ridiculous amounts in expenses and credit card bills? Unfairly blamed for putting the rent for a £12.5k a month flat through the clubs books? Unfairly blamed for telling everyone we'd be out of business by Christmas, after going out his way to spunk the funds that were left in place as a float, on the above? Then there's the small matter of a £1.2m debt, owed to the rival in the race to own BCFC coincidentally (Bassini), that he allegedly tried to pass on to Charlton. Even if a neutral wanted to give him the benefit of doubt for each of the above, it doesn't take an expert to see there is a level of wrong doing involved somewhere. Still can't believe there's been no charges for using those funds or falsely presenting an invoice. He will bleed you dry with dodgy deals! |
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