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When will the takeover go through? The Waiting Game...

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Paddypel said:
How long do we expect the legals to take ? Last time lawyers were instructed under Kimura we never heard anything after that
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See this post
Yorkshire Blue said:
As expected.

How long the next stage takes will depend on what exactly was agreed.

The lawyers should turn around the document overnight.

The questions will be:

1) what third party approvals required (the Council, Citizen, CBRE)? A best case scenario would be these would be obtained tomorrow, potentially allowing for completion Thursday. The best case scenario almost never happens: in practice someone who needs to approve has a meeting on another matter, has a kid off ill, is acting as en election officer etc. They won’t drop everything to assist on your urgent matter.

2) what security is being taken (if any)? This will likely take a day or two if this is a new development. The Consortium did list this as a requirement previously.

3) what points still need to be agreed? They’ve agreed the terms but those terms need may still need to be fleshed out. With Ron you can never take it for granted.

I think we’re likely looking at the end of the week if no set backs but that’s just a guess from afar and I suspect a lot can still go wrong.

So good news but still work to be done.

Signs to look for are now Ron and/or Justin annd Jason emerging from their bunkers and appearing in public and/or engaging with fans.
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All those concerned about Cllr Cowan making it back ok on the train and the walk home, fear not. I have it on good authority that Ron leant our esteemed council head honcho his helicopter for the return journey and a chauffeur driven ride to his door in the Bentley.
 
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annie1954 said:
Many councillors are season ticket holders so the answer is no they can watch the mighty blues as many times as they like
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I think they can attend as many as they want but if it is over 6 games they are not allowed to vote on anything that involves the club directly or indirectly as seen as a conflict of interest
 
Boreham Blue said:
I think the key for people’s mental health will be to expect the rest of the week to be required to get legal sign off and transfer of cash etc. any sooner will be a bonus but let’s not check every minute and by the end of day assume it’s all gone wrong if no announcement.
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Transfer of cash - aren't they paying £1.00 for the club?

I hope that pay it all in 1p's
 
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