It's looking like they didn't contribute during the transfer window. Which means: The takeover is further away than what many of us thought. Or They are not willing to contribute until they have finally taken over the club - which means of course the survival of the club again drops onto the narrow shoulders of a certain Mr Paul Heckingbottom in his ability to get the best out of what he's got. Either way - it signals a potential high risk for the season up until January - when things can be changed if need be.
It may also mean that we had our plans in place and the potential owners didn't want to disrupt that. Ie due diligence we do on any potential signing. It may take a few weeks to rip up that spreadsheet and create a database instead. I'd be more worried if we approached January and still the same. And we have a mass sale again. Then I can expect posts to take a down turn. Just enjoy a few months now eh?
Or......by piping money into the club BEFORE they takeover is possibly considered an illegal manouvere
When I lived in Donny I bought our family home from my Mum who had moved to live with my Sis in the South. Her Solicitor would not let me have the keys to the property until the cheque from our Building Society had cleared my Mums Bank. Similarly Messrs Lee and Conway will not have any input into the Club until the ink is dry on the Contract, just in case there are any last minute unplanned hitches. The Mc Burnie deal took patience. The takeover is no different. International break gives time for our injured players to get fit and hopefully thereafter we can settle down to watch what for me is a now half decent squad play some good football. Young McBurnie seems particularly pleased to have joined us. Gets the chance to team up with his buddy Ryan Hedges. Always good when you have true friendships in a team, it rubs off on others.
I bought a derelict house some years ago. I needed a mortgage back then. The mortgage provider would not give me a mortgage until I had secured certain aspects of the house. Hecky has said - during this transfer window they have missed out on some 'first choice' signings - some of these to 1st Division clubs.
This post makes 0 sense. Explain to us why, if you were in the new owners shoes, you would put money into the club before you officially take over. If you answer anything other than "I wouldn't" you're either stupid or lying.
How would they put money into a company that they don't own ? How would BarnsleyFC account for it ? To satisfy HMRC if nothing else.
According to some on here the deal is more or less done. If it is ??? Then if it is - then if I was the person in negotiations to take over the club - I would say to Hecky 'if there are players out there that I can help you secure then let me know'. We have got a decent squad IMO - a squad that I'm sure Hecky will do wonders with. But it's all on Heckys shoulders to turn these UNTESTED Championship players into Championship players. There is still a reasonable high risk in appointing these players that they won't be able to adapt to Championship football and we could see ourselves around the bottom of the league come Christmas. I don't think this will happen with what I've seen so far - but there still remains that risk when dealing with untested players at this level. An injection of funds, not massive, could have greatly reduced that risk - and in doing so enable the new owners to give themselves a better chance of taking over a Championship side next season. Dust tha see mi point nar ?
This thread is like reading one flew over the cuckoos nest with 2 pencils stuck up your nose, upside down, with a dwarf feeding you skittles through your sphincter.
I once went to look at a house. It was nice, but could have done with a new roof and kitchen. So I paid for a new roof and kitchen before anything was agreed, and the owners added ten grand to the asking price and sold it to someone else. Best thing was there wasn't that much wrong with the old kitchen, and the roof wasn't leaking or anything. It was just perceived to not be good enough. Had it been left to get through the winter it would very likely have been absolutely solid. Oh well.
I sold a business about 3 years ago. The negotiations took about 9 months. During that time I posted regular updates on here, with copies of all the draft contract documents, so that BBSers could read them and suggest improvements. All offers and counter offers had to be ratified by the "clique" on here, before they could be put to the other party. There were several clauses in the final contract of sale that were only there because BBSers had suggested them, as obviously the teams of lawyers, accountants and corporate brokers on both sides would never have thought of them on their own. The sale went through in the end and both sides were happy. Thank God for the BBS, otherwise it may never have happened.
And why would the current owner agree to a loan? If the deal would fall through, they're stuck with a loan they didn't really want. Until the papers are signed, neither side will invest towards the other. That's simply how a busienss works.
Earlier I couldn't decide whether to get a bacon and sausage, sausage and mushroom or go leet and get all 3 on the same sandwich. In the end in a state of confusion I just put my conkers on the van exhaust pipe. This took 2 minutes and in hindsight if I'd have taken the time to think things through before entering the shop I wouldn't have a set of burnt plums and I wouldn't be starving. Just goes to show