Takeover question

[ThatJa]

TBH he's had two failed takeovers in the past which turned out to be fraudsters. Do you blame him for keeping this under wraps this time, incase the same outcome happens?

I certainly don't.

 

[Flatulent_Bob]

Arse licker just like Bettis and Wilder

 

[Snowflake]

Arse licker just like Bettis and Wilder

…but correct nevertheless !!

 

[Houston_Blade]

I am getting that feeling too. It is a month since the news broke of supposed Silicon Valley takeover and no credible leaks of who is involved. I think that the Prince does want to sell but his price is likely still too high.

Having been involved in the sale of 2 businesses (albeit both in seven figures and not the much larger transaction here) the whole process from initial enquiries from the buyers in to the sale, took 18 months the first time and 15 months the 2nd time.

None of us how far through the process we are now or when it was first reported.

The timescales don’t concern me at all apart from if we are under an obligation where we can’t buy, sell or sign players. In both cases I was involved in the business wasn’t allowed to buy or sell assets over a certain value during the process as it can substantially change the value of the business post sale.

This made it hard to do business, we were also providing monthly financial details and bank balances, again so that the value of the business wasn’t seen to be changing during the process.

I’d imagine that part of any Share Purchase Agreement would include a target ‘net asset value’ for the takeover date and that the club will have to operate with this in mind.

Given that we’re in a transfer window it would be nice to know what restrictions are being imposed be it from a buyer or the regulator (EFL), if we are under pressure not to sign players then it’s seriously hampering the ability of the business to operate next season!

 

[Jim Mcdonald]

Let’s be honest here it’s a mess so it is, we can’t do any business until these scoundrels take us over. We have no squad and I don’t think the manager knows if he’s staying or going so he doesn’t, by the time this goes through we could be in early august and we’d have hell on so we might.

 

[CarlMcBlade]

I bloody hate sequels…

 

[tyke1889]

Saying nothing is better than lying. I do agree that PR is not our clubs forte and the silence from the club since relegation is deafening.

At minimal I'd have expected a club statement to address the shambles of last season and an apology to the fans and season ticket holders who paid hard earned cash to watch that complete rabble.

But no, nothing. Just arrogance knowing that our fans will always pay out the money no matter what they serve up to us.

"What's the chef's special starter today?"

"It's shit soup Sir. £10 a bowl."

"I'll have a bowl of shit soup then please."

"How was your soup Sir?"

"Quite frankly it was shit and tasted like shit. What is the main course?"

"It's a shit kebab with souteed shit on the side, with a shit salad. £15 a plate."

"II'll have a shit kebab with all the trimmings please."

"How was your kebab Sir?"

"Again, it was shit. That was literally just a turd in a pitta with a fried turd next to it."

"Would Sir like to see the dessert menu?"

"Do bears shit in the woods? Absolutely. Take my money!"

You've been to Slaughters then?

 

[BangorBlade]

View attachment 185499

Fingers crossed he gets this deal done soon so we can get a squad sorted before the season runs away from us (again).

IF there is to be a take over, I hope that PA insistence of having to retain some shares doesn't scupper the "deal"

 

[Kizmet]

There is no takeover

There is no tomorrow

 

[DannyRotten]

IF there is to be a take over, I hope that PA insistence of having to retain some shares doesn't scupper the "deal"

People keep saying he wants to retain a %, but is this true? Where dit that come from....I'd have thought he'd want a break and find some other club to dab his hand at, not like he has any allegiance.

 

[Hanauer]

It's all an excuse to not sell the club and when we have no signings at the beginning of the season that's what he'll blame. Sound familiar.

 

[Tony_Kaufman]

People keep saying he wants to retain a %, but is this true? Where dit that come from....I'd have thought he'd want a break and find some other club to dab his hand at, not like he has any allegiance.

He's said it in interviews in the past.

 

[reedy63]

I hope waiting for any takeover does not delay the incoming transfers. otherwise, we will be in deep shit again.

 

[CarlMcBlade]

Saying nothing is better than lying. I do agree that PR is not our clubs forte and the silence from the club since relegation is deafening.

At minimal I'd have expected a club statement to address the shambles of last season and an apology to the fans and season ticket holders who paid hard earned cash to watch that complete rabble.

But no, nothing. Just arrogance knowing that our fans will always pay out the money no matter what they serve up to us.

"What's the chef's special starter today?"

"It's shit soup Sir. £10 a bowl."

"I'll have a bowl of shit soup then please."

"How was your soup Sir?"

"Quite frankly it was shit and tasted like shit. What is the main course?"

"It's a shit kebab with souteed shit on the side, with a shit salad. £15 a plate."

"II'll have a shit kebab with all the trimmings please."

"How was your kebab Sir?"

"Again, it was shit. That was literally just a turd in a pitta with a fried turd next to it."

"Would Sir like to see the dessert menu?"

"Do bears shit in the woods? Absolutely. Take my money!"

It’s not just the lack of information coming out of the club that concerns me. Why has no journalist got wind of who the possible new owners are…Could it be because they don’t exist?

 

[Hanauer]

It’s not just the lack of information coming out of the club that concerns me. Why has no journalist got wind of who the possible new owners are…Could it be because they don’t exist?

THEY DON'T EXIST!

 

[NerdyBlade]

THEY DON'T EXIST!

Please tell me we're not still saying the takeover isn't real?
I'm too tired to scroll up

 

[CarlMcBlade]

Our American “takeover” is being masterminded from Area 51.

 

[raul]

THEY DON'T EXIST!

But they DO exist!!

 

[Bladesman]

I hope waiting for any takeover does not delay the incoming transfers. otherwise, we will be in deep shit again.

 

[Flatulent_Bob]

How is this not understood? Its hardly a complex narrative that in June the new owners aren’t going to sanction multi million pound commitments.

 

[Bl4desutd]

I’d hate to be in a real major incident /disaster zone with some people on here……talk about panic panic panic and even total delirium from some. Be patient, let time takes its course, and enjoy the Euro’s and your summer

 

[Tom Bott]

I hope that PA insistence of having to retain some shares doesn't scupper the "deal"

So some details have been revealed then.
Or is it just a rumour.

It would be nice to be given some information. That's all.

See above.

Correct,I’m in business and if someone was buying my business off me,I would not tell a soul until it was signed,sealed and delivered.Otherwise shit can happen.

Which is why most of the forum members on here should never think of starting their own business, because they would be blubbing out all their 'secrets', thinking that it was the 'fair' thing to do.

Next we will all be wanting to know how much we are offering for potential new players and how much we are offering them in wages so all our competitors can see and steal a deal..

 

[Tezza1889]

TBH he's had two failed takeovers in the past which turned out to be fraudsters. Do you blame him for keeping this under wraps this time, incase the same outcome happens?

I certainly don't.

Letting the fans know about Doozy was the biggest slice of luck he's had in years, without us calling him out as being potless he might have fell for the bullshit.

If EFL wasn't involved he could have got control...

If I was him I'd say who it is now so we can vet them again for him..

 

[Alex Cheeseright]

I’d hate to be in a real major incident /disaster zone with some people on here……talk about panic panic panic and even total delirium from some. Be patient, let time takes its course, and enjoy the Euro’s and your summer

Which is kind of the reason for this thread. How patient are our targets? Are they in the loop somewhat and being told offers will be made once the takeover is complete? I, like others, just don't what it to be the usual missed out on some very good players because of, for example, a fax machine!! (Yes, it is a example of past excuses/errors etc.)
P.s I am enjoying the Euros. I don't have cable so have to steam it in Spanish. Boy those guys get excited when someone scores.

 

[Davalon]

It's all an excuse to not sell the club and when we have no signings at the beginning of the season that's what he'll blame. Sound familiar.

Why does he not want to sell? What is to be gained by not selling?

 

[Russtheblade]

Saying nothing is better than lying. I do agree that PR is not our clubs forte and the silence from the club since relegation is deafening.

At minimal I'd have expected a club statement to address the shambles of last season and an apology to the fans and season ticket holders who paid hard earned cash to watch that complete rabble.

But no, nothing. Just arrogance knowing that our fans will always pay out the money no matter what they serve up to us.

"What's the chef's special starter today?"

"It's shit soup Sir. £10 a bowl."

"I'll have a bowl of shit soup then please."

"How was your soup Sir?"

"Quite frankly it was shit and tasted like shit. What is the main course?"

"It's a shit kebab with souteed shit on the side, with a shit salad. £15 a plate."

"II'll have a shit kebab with all the trimmings please."

"How was your kebab Sir?"

"Again, it was shit. That was literally just a turd in a pitta with a fried turd next to it."

"Would Sir like to see the dessert menu?"

"Do bears shit in the woods? Absolutely. Take my money!"

Thing is,you're not a customer, you're a 'supporter' .You don't have a product to take back because it's substandard or not fit for purpose do you ? It's just your opinion that the football wasn't up to scratch, now if you bought a shirt from the club shop with a hole in it,or a stale pie at half time, then you're covered by the trades descriptions act & would be able to ask for a refund, sorry fella

 

[Torrix1889]

Saying nothing is better than lying. I do agree that PR is not our clubs forte and the silence from the club since relegation is deafening.

At minimal I'd have expected a club statement to address the shambles of last season and an apology to the fans and season ticket holders who paid hard earned cash to watch that complete rabble.

But no, nothing. Just arrogance knowing that our fans will always pay out the money no matter what they serve up to us.

"What's the chef's special starter today?"

"It's shit soup Sir. £10 a bowl."

"I'll have a bowl of shit soup then please."

"How was your soup Sir?"

"Quite frankly it was shit and tasted like shit. What is the main course?"

"It's a shit kebab with souteed shit on the side, with a shit salad. £15 a plate."

"II'll have a shit kebab with all the trimmings please."

"How was your kebab Sir?"

"Again, it was shit. That was literally just a turd in a pitta with a fried turd next to it."

"Would Sir like to see the dessert menu?"

"Do bears shit in the woods? Absolutely. Take my money!"

And the weird post of the year goes to.....

 

[Sean Thornton]

He's said it in interviews in the past.

But nothing in this scenario?

 

[Tom Bott]

So everyone in football knows about this "takeover" situation

Because it's all on the main takeover thread.

183 pages and counting.

https://www.s24su.com/forum/threads/yee-haa-american-takeover-bid.99801/page-182#post-5185875

 

[Tom Bott]

And the weird post of the year goes to.....

Would have been if he said we should all have free season tickets for this year.