Membership is FREE, giving all registered users unlimited access to every DNForum feature, resource, and tool! Optional membership upgrades unlock exclusive benefits like profile signatures with links, banner placements, appearances in the weekly newsletter, and much more - customized to your membership level!

XL.com

Status
Not open for further replies.

Theo

Account Terminated
Joined
Feb 28, 2004
Messages
30,306
Reaction score
2,216
What's the asset liquidation process like in the UK?
 

bensd

Level 7
Legacy Platinum Member
Joined
Jan 15, 2007
Messages
783
Reaction score
0
This wont drop or get sold. XL are still going to trade in France and Germany.

-Ben
 

Creature

Level 8
Legacy Exclusive Member
Joined
Mar 12, 2006
Messages
1,462
Reaction score
0
Don't bother, I spoke to the administrators and it's definitely not for sale........ plus I've already put in an offer. :)
 

Theo

Account Terminated
Joined
Feb 28, 2004
Messages
30,306
Reaction score
2,216
So the company is only shutting down its UK operations?
 

katherine

Country hopper
Legacy Exclusive Member
Joined
Jul 9, 2005
Messages
8,427
Reaction score
1,291
Don't bother, I spoke to the administrators and it's definitely not for sale........ plus I've already put in an offer. :)
I came first ! I came first ! :yes:
 

DNP

Trust & Reliability
Legacy Exclusive Member
Joined
Nov 16, 2006
Messages
7,441
Reaction score
7
I've offered them 200k a month ago :)
 

thejosh

DNF Member
Legacy Exclusive Member
Joined
Sep 4, 2005
Messages
818
Reaction score
11
I have had communication with someone from the Corporate Advisory & Restructuring and regarding the name they said "Josh - the name has already been sold with the French business."

End of story everyone.... move on.
 

rover

Level 2
Legacy Platinum Member
Joined
Jul 9, 2008
Messages
29
Reaction score
0
I have had communication with someone from the Corporate Advisory & Restructuring and regarding the name they said "Josh - the name has already been sold with the French business."

End of story everyone.... move on.

Whats to say the french company will be succesful for long the brand will be badly tarnished by the chaos they have caused .If I was in France I wouldn't be trading with this company.Maybe it will re brand and ditch XL or follow the same route in 6 months time
 
Last edited:

jasdon11

DNF Addict
Legacy Exclusive Member
Joined
Jan 11, 2006
Messages
3,623
Reaction score
29
I have had communication with someone from the Corporate Advisory & Restructuring and regarding the name they said "Josh - the name has already been sold with the French business."

End of story everyone.... move on.

That doesn't sound right given the administration process in the UK. The assets are to be sold to the highest bidder in order to gain the best value for the creditors. As the company only went into administration yesterday, if the have 'sold' assets already there would be an outcry from the creditors. The only exception is if the buyers guaranteed the old companies debts, and that's never going to happen.
 

Creature

Level 8
Legacy Exclusive Member
Joined
Mar 12, 2006
Messages
1,462
Reaction score
0
I have had communication with someone from the Corporate Advisory & Restructuring and regarding the name they said "Josh - the name has already been sold with the French business."

End of story everyone.... move on.

XL.com whois is in the name of Excel Airways Limited, Explorer House, Fleming Way, UK. Excel Airways Limited is a ' Dormant' UK company (number 6013246, companieshouse.gov.uk). No accounts filed, not trading and that company is not listed with the group of companies at XL.com. I emailed Companies House in the UK and they said I could have the domain for nothing. "yes we will definitely give you the domain name" - Game over. :)
 

ezimedia

DNF Member
Legacy Exclusive Member
Joined
Jan 23, 2004
Messages
948
Reaction score
0
HI

I wonder if and when it go up for sale and for how much... very interesting.

Tom
 

domaingenius

Level 8
Legacy Platinum Member
Joined
Mar 6, 2006
Messages
1,281
Reaction score
10
They will probably TRY to siphon it off for £0 to the French and German company, but I will ensure they dont as far as I can. I wrote to them today to express my interest, before I can across this thread. By the looks of the thread I have no chance though.

DG
 

Theo

Account Terminated
Joined
Feb 28, 2004
Messages
30,306
Reaction score
2,216
Already sold to a mysterious person; the email started with "Hey bro, wanna sell xl.com and what is your bin? I can do escrow, seller pays fees".
 

Stian

www.bitweb.no
Legacy Exclusive Member
Joined
Jan 19, 2007
Messages
7,608
Reaction score
292
I just sent them this one:

Hi.

We are interested in the domain name in the subject.

2,000,000 USD. Ok.

Do you sell the name only without web site? I'm interested in the name so web site is not so important.

Do you have an appraisal certificate for your domain name?

Domain name is an investment for me. In other words I'm going to sell your name later and make a profit. If I overpay I won't be able to make a profit in the future. It's very important for you and me to know the current market value of your domain.

Of course, we must be sure that you are engaging a reputable appraisal company. I heard many appraisal companies often made inaccurate appraisals. I will only accept appraisals from independent sources I trust. To avoid mistakes I asked domain experts about reputable appraisal companies in a forum http://**********.ourplace.com/Archive/296814.htm

Just check this posting.

If the appraisal comes higher you can adjust your asking price accordingly. I also hope you can give me 10% - 15% discount of the appraised value.

After I get an appraisal from you we'll continue our negotiations.

How do you prefer to get paid: www.escrow.com, www.PayPal.com check or wire?

Hope we can come to an agreement fast.

Looking forward to your reply.

:lol:
 

Theo

Account Terminated
Joined
Feb 28, 2004
Messages
30,306
Reaction score
2,216
Iron Maiden to the rescue :D

Hundreds of British holidaymakers were stranded on Corfu, Kos and other islands yesterday as authorities struggled to arrange their return following Friday’s collapse of the XL tour operator.

British and Greek authorities clashed over who was to blame for tourists sleeping in island airports in rising temperatures. Britain’s Consulate on Corfu said it had been told by Greek authorities that there were no passengers in need of help, but airport staff said they had told the UK Consulate about the tourists stuck there.

British authorities said repatriation flights – from Greece, Egypt and other destinations – were due today.

On Saturday, tourists stranded in Sharm el Sheikh, Egypt, got an unexpected helping hand: The singer of the rock group Iron Maiden, chartered a jet to fly them home. A qualified pilot, Bruce Dickinson has rescued stranded tourists in the past.
 
Status
Not open for further replies.

Who has viewed this thread (Total: 1) View details

Who has watched this thread (Total: 5) View details

The Rule #1

Do not insult any other member. Be polite and do business. Thank you!

Members Online

Premium Members

Upcoming events

Our Mods' Businesses

*the exceptional businesses of our esteemed moderators

Top Bottom