The Mem / The BOD etc (merged)

Yes it could make them idiots just like many accused Nick Higgs of being. But you hit on a good point in that of course they don’t want to be perceived as making a bad investment. They would obviously want the world to think that it’s not for that reason that UWE is binned. It suits their interests for everyone to believe that UWE are greedy, inflexible or difficult.

However Higgs seemed to have no difficulty progressing with them. Does that mean he’s a bumpkin idiot who was being taken for a ride and was on course to destroy the club?

UWE might not be viable (for them) but if they had done proper due diligence when buying their investment they would have known that before buying it wouldn’t they. On the other hand they might have changed their minds, had buyers regret and decided not to invest more because they already regret what’s been invested so far.

So given that these are professional people and you’d think would never invest in anything before doing thorough due diligence especially on the viability of the major project that the “investment” was involved in, especially on the one thing that would cause the “investment” to not realise it’s so say potential. The reasons they’ve given for scrapping that project don’t make sense either do they?

Couple this also with the lack of action on the training ground build, or the lack of any real investment in the playing squad, or lack of any detail for stadium plan B or lack of any communication with their loyal fan base when it is most needed because of the above and it looks suspiciously like they don’t want to or can’t invest what’s necessary to take their “investment’ forwards.

If this was an Agatha Christie novel called “Death of the UWE” Poirot would be closing in on the real villains right now, but where will he find them? They’ve disappeared!

Your explanation takes them at face value that they have always told us the truth. I am challenging that because I do not think it likely that they would have bought the club unless they were completely happy with the situation with UWE. Sure they might have wanted to renegotiate some things but I don’t believe that such professional people would have invested on the whim that they might be able to renegotiate crucial points that would otherwise make it unviable.

If you go back to the beginning of their ownership. There was massive positivity around what they were saying. Wael in his first interview told how they had met UWE many times before they decided to buy the club. Hamer said that the Sainsburys case was not crucial to UWE, he told us that they needed to revisit some points but that we may have to accept some compromise. He told us the landing lights were on. Then we had a year a silence, maybe this was because something had changed with UWEs position from that held when they did their thorough due diligence or maybe something changed in their own position. More likely the second I suggest when everything known is taken into account.

So its not at all inconceivable that we are again victims of this for a third time, but this time it's the people who own the club who decided that we were a great investment and then decided we weren't. The world has changed since they bought the club. The BREXIT vote for one. It's quite conceivable that that could have changed their position. It more or less coincides with their silence on the matter.

So its not at all inconceivable that we are again victims of this for a third time, but this time it's the people who own the club who decided that we were a great investment and then decided we weren't. The world has changed since they bought the club. The BREXIT vote for one. It's quite conceivable that that could have changed their position. It more or less coincides with their silence on the matter.

I am not making any stuff up. I’m saying I don’t trust that our owners have been truthful in why UWE has fallen through I don’t want to repeat myself either but no one even half competent would complete to invest in something that meant serious negotiation remained outstanding to effect the value of that investment.

Yeah, I'm not suggesting you're making stuff up, in a bullshitting sense. I'm suggesting, in order to interpret things in the way you are, we have to supply info we don't know about. Whereas in my interpretation, all the info is there.

And fwiw carcrash takeovers (not suggesting this is one) happen all the time in business. ( eg gizmodo.com/5962107/company-hp-bought-for-10-billion-just-cost-hp-9-billion)