looking forward to October19th

Discussion in 'Bulletin Board' started by Dragon Tyke, Oct 16, 2017.

  1. Dan

    DannyWilsonLovechild Well-Known Member

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    Because Non Disclosure Agreements prevent either side discussing it?
     
  2. Met

    Metatarsal Well-Known Member

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    This most likely I think.
     
  3. Young Nudger

    Young Nudger Well-Known Member

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    No - Again
    What's wrong with saying .....
    'talks remain ongoing and we hope to conclude if everything goes to plan in the next 2 weeks or so'.

    What's wrong with a simple brief statement like that ???
     
  4. Young Nudger

    Young Nudger Well-Known Member

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    Is that in last fridays Chronicle???
    Because I haven't seen it.
     
  5. Con

    Conan Troutman Well-Known Member

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    Of course it matters. Needs to 31st December at the very latest.
     
  6. Sta

    Stahlrost Well-Known Member

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    Because it's private. All such deals are and always have been. The potential purchasers will insist on privacy and will need a signed Non-Disclosure Agreement before they will discuss the slightest details of any deal. If the selling party will not provide such an NDA there will be no deal.

    It's laughable to expect BFC to release the slightest, tiniest scrap of information about discussions which may be in progress. If they did, the deal would collapse and there would be substantial claims for damages. People on here may not like it, but that's the way it is.
     
  7. Red

    Red CB Well-Known Member

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    The point I am making is that it is not like when we went into admin & urgency was paramount, this is about an owner concluding some business & whist you are eluding to the transfer window , I am saying that the club will continue in business irrespective of the conclusion of the take over
     
  8. Wayne

    Wayne Well-Known Member

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    No, week before
     
  9. Sta

    Stahlrost Well-Known Member

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    One highly interesting point about non-disclosure agreements is that a typical NDA has a clause which says that the existence (or not) of the NDA is itself non-disclosable. In other words, neither of the parties to a potential transaction are allowed to say that they can't say anything.
     
    Duntpasstome likes this.
  10. e-red

    e-red Well-Known Member

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    It is approaching the time when the buyers need to s*** or get off the pot. If they are wasting our time it could be costly to us and if not they should conclude the business.
     
  11. DSLRed

    DSLRed Well-Known Member

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    On the balance of things I would hope the takeover goes through, nervous as I am about what it will mean for the club in the long term, simply because given the terminal nature of PCs illness, I don't see any other option.

    But bloody hell, I can't say I am obsessing about it like you suggest you are. I have far more important things in life to occupy my waking thoughts.

    We'll hear about it when its done. And not before. Until then, it will 100% be subject to a non disclosure agreement. That means non disclosure of ANY information. That's just how it is. If you don't like it, there's nowt anyone can do about it from the club's side. Unless you want to risk the whole thing falling apart just for the sake of an update.

    In the meantime, I would suggest you just get on with your life.
     
  12. Red

    Redsnut Well-Known Member

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    Your a sad ******* then,get a life go out worry about things that really matter.
     
  13. tobyornottoby

    tobyornottoby Well-Known Member

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    Why do we all know about Billy Bean then? And how much he's supposed to be in on it?

    Plus why is it the case that "to release the slightest, tiniest scrap of information about discussions which may be in progress" would mean the deal would "collapse"?

    This is ********.

    They can hold their talks for as long as they like for me. But to dramatize it as though we all might suddenly know the secret formula for Irn Bru if anyone creeps out of the meeting room with a half filled bottle of piss, is errrrr...... laughable.

    I think that the club do owe the faithful - their lifeblood - the decency of a statement every now and then saying what might be happening at the helm of the club they love.

    They're keen on contacting us, when they want our money and support.
     
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  14. Sta

    Stahlrost Well-Known Member

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    It's not ********, it's standard practice, whether you like it or not. Obviously you do not, and neither do one or two others.
     
  15. tobyornottoby

    tobyornottoby Well-Known Member

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    It's not "laughable" as you suggest to keep the club's supporters somewhat even slightly abreast of how things might be going from time to time.

    But it is "laughable" to suggest that the deal would collapse if they did.
     
  16. Sta

    Stahlrost Well-Known Member

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    Google NDA and see what you find. I'm not really arguing with you, in fact I do agree that it's frustrating to have no idea what's going on. But the fact is that normally when a business is sold, the staff, customers and suppliers haven't got a clue what is happening until the new owners turn up on a Monday morning.

    Maybe "laughable" is a bad choice of word, but the club simply cannot say anything without breaking a contract which they've signed. Probably.
     
  17. churtonred

    churtonred Well-Known Member

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    1. You are abreast. Talks are either ongoing or they're not. Currently they're ongoing. Unless you're wanting a seat at the table I don't see what else there is to say.
      To be honest the more they tell us at the moment the greater opportunity for some to put 2 and 2 together and make 5 like they usually do.

     
  18. tobyornottoby

    tobyornottoby Well-Known Member

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    I'm not abreast. Even if "abreast" only means talks are "ongoing". Even "ongoing" would be nice. When were we last "ongoing"?

    Anyway, to suggest that your interested supporter should get no significant information at all, and to suggest that for him to be kept "even slightly abreast" is the equivalent of "wanting a seat at the table", then there is no wonder that 2 + 2 will equal 5.
     
  19. DSLRed

    DSLRed Well-Known Member

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    But its a football club so people expect normal rules of business don't apply because we have a right to know, right?

    The company I work for was bought out over the christmas holiday last year. The first anyone knew about it was the email we all got on 2nd January, from one of the 2 directors who has turned up that morning in a new merc. The 3rd one was nowhere to be seen - he had just pissed off on a 3 month cruise.

    Its an NDA. NON disclosure agreement.

    Its not a OATDPSTKFSA - only allowed to disclose periodic snippets to keep fans sweet agreement.

    Like it or lump it folks. It is what it is.
     
  20. shed131

    shed131 Well-Known Member

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    Anybody thought that what is taking time is the fact the council will be making sure that safe guarding is in place and will be seeking assurances regarding the future of the club. Before they turn over their share of the club...many will see this as the thorn in the side but it could be our safe guard to still having a club to support in town in the future
     

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