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    Tranmere Rovers have appointed Darrell Clarke as the club’s new manager.
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So next season

Rockford's Love Child said:
I have just read the chairman's responses to the questions that were allegedly put to him, which are a load of nothing as expected.

I asked what the consequences would be for the club if the debt due in November 2026 was not repaid. This was rephrased, either by TROSC or Palios himself, as 'Would the completion of the takeover include clearing any outstanding debts ?'. I specifically asked how the debt would be repaid if the takeover was not completed in the next six months.

He answered a question I did not ask.

Deceitful and pointless.
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Hadn’t realised it was your own personal Q&A! Perhaps the question they used was to better reflect what was asked by various other members of TROSC.
 
Ian said:
Typical. I think for now we just have to focus on getting a manager in who can start shaping the squad.
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Yes it's unlikely to be "imminent" and we need a manager, coaching team and relevant staff in place urgently to try and shape a squad
 
Maybe RLC's question was deemed not "constructive" enough, though I and most Rovers' fans would like to know the answer! One or two nuggets of information in the 13 answers, but no real surprise that our knowledge of the current state of affairs hasn't been significantly improved.
 
I’m almost forgetting about the takeover now and assuming its business as usual.

New manager should be in place by early next week and then recruitment will begin. If the takeover happens then it’s almost a bonus as it’s dragged on for so long.

We just have to hope that Palios finds the right person to turn the sinking ship around.
 
Sparky said:
I’m almost forgetting about the takeover now and assuming its business as usual.

New manager should be in place by early next week and then recruitment will begin. If the takeover happens then it’s almost a bonus as it’s dragged on for so long.

We just have to hope that Palios finds the right person to turn the sinking ship around.
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Its not just the manager, we need an entire new coaching set up. I'm sure Parkinson will remain but no idea why
 
Rockford's Love Child said:
I have just read the chairman's responses to the questions that were allegedly put to him, which are a load of nothing as expected.

I asked what the consequences would be for the club if the debt due in November 2026 was not repaid. This was rephrased, either by TROSC or Palios himself, as 'Would the completion of the takeover include clearing any outstanding debts ?'. I specifically asked how the debt would be repaid if the takeover was not completed in the next six months.

He answered a question I did not ask.

Deceitful and pointless.
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Your question is covered by others and the answers in both scenarios are clear and concise, you seem to be being deliberately obtuse unsurprisingly.
A take over clears all debts over time. Without, Palios funds the near term which of course includes any role over credit lines.
 
dollar'sbloke said:
Your question is covered by others and the answers in both scenarios are clear and concise, you seem to be being deliberately obtuse unsurprisingly.
A take over clears all debts over time. Without, Palios funds the near term which of course includes any role over credit lines.
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In any case the independent auditor has already addressed the going concern issue. Worth reiterating that the auditor can’t just assume the sale is a done deal when it isn’t, plus they have to satisfy themselves how the club would meet its obligations if the sale doesn’t complete. Their report is clean in that regard, they don’t even consider it a material uncertainty.
 
Auditors provide an opinion based on the available facts, they can't divine the future. They may believe a deal is probable and provide a clean audit report on that basis, but that still doesn't answer the question of what happens re. the debt if the deal does not complete.

Auditors give clean audit reports to businesses that subsequently go bust on a fairly frequent basis, cf Carillion and others.

If the debt can easily be settled without a takeover, why did not Palios directly answer the question that I and doubtless a number of others asked him ?
 
Rockford's Love Child said:
Auditors provide an opinion based on the available facts, they can't divine the future. They may believe a deal is probable and provide a clean audit report on that basis, but that still doesn't answer the question of what happens re. the debt if the deal does not complete.

Auditors give clean audit reports to businesses that subsequently go bust on a fairly frequent basis, cf Carillion and others.

If the debt can easily be settled without a takeover, why did not Palios directly answer the question that I and doubtless a number of others asked him ?
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He didn't answer every individual question. They clearly covered the collection of topics.
You clearly don't begin to understand what auditors or anybody else to do with businesses do, but still harp back to your half baked criticisms.
Palios clearly states 'no takeover' financing is on him, which is a prospect the auditors accept as viable. We have no insight ourselves.
The least onerous part of that would be refinancing an existing loan, a far greater task would be financing the new daily debts including those caused by some who not buying season tickets will hurt MP.
For those with any business sense, it is clear we are wholly reliant on whoever owns us. They either keep throwing money at us or grow the business so they can make a profit later. Opposing that would be brave
 
Rockford's Love Child said:
Auditors provide an opinion based on the available facts, they can't divine the future. They may believe a deal is probable and provide a clean audit report on that basis, but that still doesn't answer the question of what happens re. the debt if the deal does not complete.

Auditors give clean audit reports to businesses that subsequently go bust on a fairly frequent basis, cf Carillion and others.

If the debt can easily be settled without a takeover, why did not Palios directly answer the question that I and doubtless a number of others asked him ?
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You don’t understand the work the auditor needs to do on going concern. They certainly need to dig deeper than you hypothesise. Have a read of ISA 570.

Heaven knows why you believe your question deserved to be published verbatim. And why you believe your exact question was ‘doubtless’ asked by others. Or is the very question on the tongue tips of ‘most Tranmere fans’. But I’ve already answered the question you’re asking me, an answer informed by how questions from a mass audience are normally distilled as a basis for a published Q&A, which, for whatever reason, only tickled both you and your mate. :rolleyes::lol: :laugh:

We have independent assurance that the debt due in November does not pose a going concern issue, even absent a takeover. We do not need to know the exact mechanics of how that debt would be dealt with absent a takeover, and it may not even be appropriate for such detail to be made public right now, e.g commercial sensitivity, etc. There might even be multiple options available should that situation arise. But the independent auditor should have examined all that.
 
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