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

[Mark Corrigan]

I think they're just waiting to announce it tomorrow on my birthday.

Very decent of you chaps.

When's your birthday, June?

 

[tommy tucker]

The long and winding road ISNTit just Its a never ending story .

 

[danbowen]

So where are we?

1. Deal all signed by Martin's and COSU - just needs rubber stamping by FA/NL or another entity
2. Lawyers still checking - then paperwork can be signed
3. Something else

????

Wasnt it commented on here over the weekend that it is with the NL for sign off at the moment?

 

[GNH]

When's your birthday, June?

My birthday should have been weeks ago but it's been put back until the new date of 16th July, to allow it to be signed off by the legal teams involved.

 

[Medway Blue]

It’s just Kev that seems really unhappy with it all ..

He is desperate for the new training facility to be ready, at least for the pitches to be used, as he doesn't feel he can get the players properly physically ready until then. Reading between the lines, he blames the ground at B&L for the niggles that ruled 4 players out of the Wakering friendly.

But the new training facility needs a bit of money spent to do the final few bits and bobs needed for it to be ready to train on, and Justin Rees quite rightly won't drop more money until he owns the club.

 

[SunSea&Shrimpers]

I’m feeling confident the takeover deal wil be done by the end of this year

 

[Ozzer]

When's your birthday, June?

He's only June at the weekends.

 

[kentblues]

He is desperate for the new training facility to be ready, at least for the pitches to be used, as he doesn't feel he can get the players properly physically ready until then. Reading between the lines, he blames the ground at B&L for the niggles that ruled 4 players out of the Wakering friendly.

But the new training facility needs a bit of money spent to do the final few bits and bobs needed for it to be ready to train on, and Justin Rees quite rightly won't drop more money until he owns the club.

Which begs the question why didn't we spend a bit more expediting the lawyers to get it over the line quicker...nothing it seems is cost free....btw I think its more than betweem the lines, he is being fairly explicit about it and the fact its mucking up another pre-season...

 

[HUMBLEPIE]

I’m feeling confident the takeover deal wil be done by the end of this year

So you’re the person who knows how longs a piece of string.

 

[Mr Browns Ghost]

So where are we?

1. Deal all signed by Martin's and COSU - just needs rubber stamping by FA/NL or another entity
2. Lawyers still checking - then paperwork can be signed
3. Something else

????

I’d suggest it’s not at that stage yet

 

[londonblue]

Which begs the question why didn't we spend a bit more expediting the lawyers to get it over the line quicker...nothing it seems is cost free....btw I think its more than betweem the lines, he is being fairly explicit about it and the fact its mucking up another pre-season...

Because it probably wouldn't have been "a bit more".

 

[Medway Blue]

Which begs the question why didn't we spend a bit more expediting the lawyers to get it over the line quicker...nothing it seems is cost free....btw I think its more than betweem the lines, he is being fairly explicit about it and the fact its mucking up another pre-season...

I think that's an easy question to ask when we're not the party that is £3.5m in, unsecured, on something they don't yet own, and when we don't know what the difference in cost would be in this specific scenario.

I suspect it has been Level 1 expedited (in that, by the time it completes soon, it should have taken longer given the complexity) but not Level 2 expedited (overnight and weekend working), but can't say for sure.

 

[Paddypel]

I think that's an easy question to ask when we're not the party that is £3.5m in, unsecured, on something they don't yet own, and when we don't know what the difference in cost would be in this specific scenario.

I suspect it has been Level 1 expedited (in that, by the time it completes soon, it should have taken longer given the complexity) but not Level 2 expedited (overnight and weekend working), but can't say for sure.

thanks for the level of detail, do you think there's reason to be on edge here or d you still expect it to go through asap ?

 

[Medway Blue]

thanks for the level of detail, do you think there's reason to be on edge here or d you still expect it to go through asap ?

I'm hearing no reason to be on edge at the moment. Last time I checked in was yesterday afternoon. As far as I'm aware, it's just a waiting game.

 

[Yorkshire Blue]

I'm hearing no reason to be on edge at the moment. Last time I checked in was yesterday afternoon. As far as I'm aware, it's just a waiting game.

A waiting for who game though?

 

[Sparte]

The consortium must have the patience of saints! Most businessmen would have walked long ago…

 

[Medway Blue]

A waiting for who game though?

For everybody who wants the deal to complete?

 

[Paddypel]

The consortium must have the patience of saints! Most businessmen would have walked long ago…

they're emotionally and financially invested, a football club acquisition isn't like any other

 

[Shrimper]

A waiting for who game though?

The supporters it seems

It's getting a bit stupid now. I wouldn't be surprised if Ron is holding things up. Just get the feeling the longer it goes on the more likely it falls apart.

 

[Holy Joe]

I’d suggest it’s not at that stage yet

So option 3 - Care to expand - it's neither signed, nor with lawyers to prepare paperwork?