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

[Yorkshire Blue]

Still no announcement.

We’re now at the stage where if everything was just procedural we should have been in a position to have completed by now.

The things that you may have held up announcing for that were non-deal related such as season ticket announcements, press releases etc there will have had enough time since Monday to have teed up ready to hit publish. You wouldn’t plan to announce this evening as it goes up against Spain v Germany and France v Portugal and you’d lose the impact of your announcement (and your season ticket sales). You wouldn’t plan for Saturday as that’s the England game and Sunday no doubt the aftermath.

That means things must still be being negotiated.

That’s not altogether a surprise as Monday’s announcement had a touch of being about appeasing the NL.

Does anyone have any inside info on what issues (as opposed to who is the issue, which I think we can all guess) are causing the hold up?

 

[Shrimper95]

Still no announcement.

We’re now at the stage where if everything was just procedural we should have been in a position to have completed by now.

The things that you may have held up announcing for that were non-deal related such as season ticket announcements, press releases etc there will have had enough time since Monday to have teed up ready to hit publish. You wouldn’t plan to announce this evening as it goes up against Spain v Germany and France v Portugal and you’d lose the impact of your announcement (and your season ticket sales). You wouldn’t plan for Saturday as that’s the England game and Sunday no doubt the aftermath.

That means things must still be being negotiated.

That’s not altogether a surprise as Monday’s announcement had a touch of being about appeasing the NL.

Does anyone have any inside info on what issues (as opposed to who is the issue, which I think we can all guess) are causing the hold up?

Surely everything is agreed now? If not I think we’re pretty ****ed if we need to get it all signed off and completed by Monday.

 

[Yorkshire Blue]

Surely everything is agreed now? If not I think we’re pretty ****ed if we need to get it all signed off and completed by Monday.

I think it is a fair assumption that if everything had been agreed it would have been announced by now.

(For context I was saying it wouldn’t complete last Monday as they’d need more time to dot the i’s and cross the t’s)

That doesn’t automatically mean the deal is at risk or it can’t be finalised by Monday.

 

[Hadleigh-shrimper]

Really thought be done by now

 

[Shrimper1985]

Still no announcement.

We’re now at the stage where if everything was just procedural we should have been in a position to have completed by now.

The things that you may have held up announcing for that were non-deal related such as season ticket announcements, press releases etc there will have had enough time since Monday to have teed up ready to hit publish. You wouldn’t plan to announce this evening as it goes up against Spain v Germany and France v Portugal and you’d lose the impact of your announcement (and your season ticket sales). You wouldn’t plan for Saturday as that’s the England game and Sunday no doubt the aftermath.

That means things must still be being negotiated.

That’s not altogether a surprise as Monday’s announcement had a touch of being about appeasing the NL.

Does anyone have any inside info on what issues (as opposed to who is the issue, which I think we can all guess) are causing the hold up?

Have you got any news to back up this theory, or just scaremongering, like many others on here?

 

[Shrimper95]

I think it is a fair assumption that if everything had been agreed it would have been announced by now.

(For context I was saying it wouldn’t complete last Monday as they’d need more time to dot the i’s and cross the t’s)

That doesn’t automatically mean the deal is at risk or it can’t be finalised by Monday.

I thought the point of @CllrDanielCowan going up to London to have a drink with COSU was because a deal had been agreed?

 

[leeblue]

Many more pages backing up my theory.
Only
@Tribal Chief
@Medway Blue
Should be allowed to post in this thread

 

[overseas shrimper]

View attachment 32641

Title of your biography?

 

[Cricko]

Title of your biography?

Mark spent the rest of his life wondering why he was ever banned permanently from SZ.

 

[Yorkshire Blue]

Have you got any news to back up this theory, or just scaremongering, like many others on here?

I’m basing this off of my experience of deals I’ve worked on.

I thought the point of @CllrDanielCowan going up to London to have a drink with COSU was because a deal had been agreed?

The outlines of a deal was struck but the devil is in the detail and there was (is?) still detail to be worked out.

 

[Shrimper1985]

I’m basing this off of my experience of deals I’ve worked on.



The outlines of a deal was struck but the devil is in the detail and there was (is?) still detail to be worked out.

Sorry I didn't realise you had experienced selling a football club, in a complex deal like this

 

[Chrisb]

Does anyone on here definitely know that the NL have given us a deadline of Monday ?

 

[TJC]

Things taking longer than anticipated. Now there is a surprise

 

[BoyWonder2]

Does anyone on here definitely know that the NL have given us a deadline of Monday ?

Not 100% sure.

We 100% did have a deadline of last Monday, which we appealed, and then had the announcement that things are all good to go and waiting on the lawyers, so don’t know where that all fits in with the appeal process etc.

 

[Hadleigh Blue]

I’m basing this off of my experience of deals I’ve worked on.



The outlines of a deal was struck but the devil is in the detail and there was (is?) still detail to be worked out.

I agree, I sold a secondhand lawnmower on eBay and whilst the initial process was a bit tricky it got a lot worse when I had to get paid and ship the mower, so I guess I experienced exactly the same scenario as the consortium. So I’m positive that the purchase of a football club along with the intertwined companies, land, loans and property deals is the same and we should expect a slightly longer wait.

 

[Cricko]

Does anyone on here definitely know that the NL have given us a deadline of Monday ?

Yes that is what we were told.

 

[meerkat54]

Both seem confident it's just a matter of time (think Chief said Monday more likely than today), but people are missing that it's the Martins involved here so nothing is set in stone til it's fully over the line. Maybe we should switch off this weekend and enjoy the great weather and the England match - oh hang on .....

Great weather ️ in Devon

 

[SUBBlue]

Yes that is what we were told.

 

[borientater]

Yes that is what we were told.

By who ?

 

[Kenny]

Mark spent the rest of his life wondering why he was ever banned permanently from SZ.

View attachment 32643

Looking good Cricko!