loudmouthblue
Vital Football Hero
Let's be fair ........ they were all ( definitely mostly ) well deserved.
As you know you won't get an argument from me there.
NEW THREAD FOR ALL THINGS TAKEOVER
- Thread starter ZAKKY
- Start date
- Status
As you know you won't get an argument from me there.
E
exiled tic
Guest
Sounds a lot more promising tonight!You can only judge people breaking news by the quality of news they break and in LMB we have someone who has an excellent record all through this takeover and that will do for me!Be a better sleep tonight!!
B
Bickymon1
Guest
Has long as new owner owns the stadium and does not sell it on to lenegan than im happy with this deal who ever they are
jocklatic
Vital 1st Team Regular
springy-park
Vital 1st Team Regular
If we win more matches than bids, we will end up in the play-offs
jeffs right
Vital Football Hero
Have you not heard anything from the horses mouth?
I see what you did there!
Arthur_Itis
Vital Squad Member
I think we all hope that Moonay, but just curious, what exactly do you think should be involved in the Admins "due diligence" ?
Clearly need to see proof of funds, but are they also expected to verify the origins and legitimacy of those funds ?
Clearly need to establish the "worthiness" of the principle participants but would that be a quick google search or a more forensic deep dive background check ?
It's been debated as to whether the EFL are "interested" in the way the club is intended to be run, do the admins need to verify all this as part of their due diligence ?
Would you be happy and accept the admins word that they've done their due diligence and decided to reject the bid on the grounds of some "grey area" in the bidders past or an inability to legitimise the source of the funding ?
How long should this take ?
Rock and a hard place, don't trust the admins but got to trust the admins to do a proper job, and a proper job will take time, but we don't have any time.
It's great news from LMB but it may drag on for quite a bit yet, unless the bidder is a well know, well respected, multi millionaire with masses of immediately available and disposable cash reserves. Wonder if GSM's lottery ticket came in ?
moonay
Vital Football Legend
I'll be honest, I don't know what it entails, I'm just going off what they said:
We have received written offers which are subject to certain conditions and further due diligence which we are looking at.
No, and quick ........ if any. These blokes aren't here for that. Let's face it, they weren't bothered about the background of those in the Spanish bid.
Absolutely not.
I don't think these guys will officially reject anything, for whatever reason. If they did, then they'd be open to possible legal action if they weren't absolutely spot on.
The Admins' task here should be fairly quick I'd have thought. They don't appear to have taken ages previously.
Again, the job of the Admins hasn't taken the time (other than agreeing the deal). The checking of the EFL has been the long pole.
I suppose it helps if there are no allegations of fraud against anyone in the bidding party (like there was against Cristo). If there aren't, then hopefully, this might go a little quick than the previous assessment.
SwindonLatic
Vital 1st Team Regular
Does this tally with your info LMB?
Arthur_Itis
Vital Squad Member
I'd agree with all of that Moonay, Admin should just get the basics out of the way ASAP and let the EFL do the deep dive stuff, it's just that the Admins have come under fire "after the fact" regarding their lack of due diligence over the Spanish bid so was interested to know what folks expectations are this time around IF we've had a bid accepted.
Nottingham
Vital Squad Member
If is a big word!
E
exiled tic
Guest
To be honest I think Nixon is just stirring things up with this article hoping to get a reaction from another bidder! Ludicrous to suggest a banned company director would be acceptable to the EFL! I would ignore this one
moonay
Vital Football Legend
I'm not saying that LMB is wrong at all, (as given other "chatter", something does seem to be happening) but as I quite often say on here, language is important.
Whether the offer has been "accepted" or simply "acknowledged" is maybe the issue. It was reported previously (last Autumn) that other parties (RRR and Frampton ?) had made offers, but they weren't acknowledged by the Admins, as they were already too deeply entrenched with the Spanish bid.
Even if it's just been acknowledged, then that's summat to be celebrated.
Hopefully, all will come clear this week.
jocklatic
Vital 1st Team Regular
Rangers. Lining up a move for Kyle Joseph at Wigan. Scotland under-21 striker. Free in summer if goes cross border. Spurs keen. Blackpool made an inquiry and quoted high fee.
This sort of thing ain't going to help with any potential buyer....more assets poss being flogged.
This sort of thing ain't going to help with any potential buyer....more assets poss being flogged.
Dudestalker
Vital Reserves Team
Can anyone remember: did the Spanish bid/acceptance last time come out of nowhere, or was there social media chatter beforehand ?
loudmouthblue
Vital Football Hero
In a reply to both of you, I don't think scrutinising the proposals from any bidder is a problem, looking at what has transpired recently I think, and to their credit, the supporters club and their advisors are all over that, and if they see anything they don't like they have LN to fire the gun they have loaded.
moonay
Vital Football Legend
Definite chatter Dude. I remember the speculation on here about Cristo's past.
loudmouthblue
Vital Football Hero
The fact that today is Sunday would not tally if nixon had published it, he knows nothing as nobody is talking to him, he has even pissed beggbies off who were drip feeding him info.
- Status
