Takeover deal collapse

Discussion in 'Bulletin Board' started by Brian Mahoneys Waist, Oct 12, 2017.

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  1. Bri

    Brian Mahoneys Waist Well-Known Member

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    According to the Daily Mail
     
    Brian Mahoneys Waist, Oct 12, 2017
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  2. Jimmy viz

    Jimmy viz Well-Known Member

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    Jimmy viz, Oct 12, 2017
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  3. Gordon Owen

    Gordon Owen Well-Known Member

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    Wouldn't read too much into that
     
    Gordon Owen, Oct 12, 2017
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  4. Sta

    Stahlrost Well-Known Member

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    Get ready for the dragon to breathe fire all over the BBS.
     
    Stahlrost, Oct 12, 2017
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  5. Merde Tete

    Merde Tete Well-Known Member

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    Looks like a bit of a non-story during the international break to me.
     
    Merde Tete, Oct 12, 2017
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  6. MarioKempes

    MarioKempes Well-Known Member

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    No quotes or sources and some quite ambiguous wording. It all sounds like speculation to me.
     
    MarioKempes, Oct 12, 2017
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  7. Gordon Owen

    Gordon Owen Well-Known Member

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    So because it wasn't completed in September, when most media outlets were speculating it would be it's apparently collapsed. PC's met with two of the consortium over recent weeks.
     
    Gordon Owen, Oct 12, 2017
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  8. Jimmy viz

    Jimmy viz Well-Known Member

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    I wouldn’t believe the Daily Fail if it told me the earth was round.
     
    Jimmy viz, Oct 12, 2017
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  9. Red

    Reds Fan Well-Known Member

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    Surely proof of funds would be asked about pretty early in the negotiations. You wouldn't get to the verge of completing and only then ask "so you do actually have some cash don't you?"
     
    Reds Fan, Oct 12, 2017
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  10. Sta

    Stahlrost Well-Known Member

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    So the deal has fallen flat then?
     
    Stahlrost, Oct 12, 2017
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  11. Jimmy viz

    Jimmy viz Well-Known Member

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    Sean Lewis and chums got quite far down the road but I can’t see Mr Cryne being quite so daft.
     
    Jimmy viz, Oct 12, 2017
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  12. Gordon Owen

    Gordon Owen Well-Known Member

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    Must have bought Nice for a bag of gobstoppers
     
    Gordon Owen, Oct 12, 2017
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  13. Donny Red

    Donny Red Well-Known Member

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    Wasn't the latest understanding that the deal has been agreed and was now with the EFL
    for sign off.? Would they have gone as far as initiating a new shares deal and putting Patrick's
    wife and son on the board if proof of funds has not already have been forthcoming.?
    Seems a strange way of doing business if all the " legwork" has been done then calling for proof
    that the Consortium has the cash to fund the deal as one of the final parts of the process.?
     
    Donny Red, Oct 12, 2017
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  14. Jay

    Jay Well-Known Member

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    I have absolutely no idea one way or another, but that article appears to be based on passing a deadline that never was, which they probably made up in the first place. Doesn't mean they're wrong, deals fail all the the time, but equally it doesn't seem to have any substance at all. The most telling line being the final one: "Jarvis, Barnsley and a spokesman for Beane all declined to comment." Unspecified sources is newspaper shorthand for 'we've made all this s.hit up.'
     
    Jay, Oct 12, 2017
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  15. andytyke

    andytyke Administrator Staff Member Admin

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    worst thing ever Beane getting involved from a media reporting point of view. its all they go on about now. no mention in that report of the actual main guys taking over. If Beane wasn't supposedly involved that report would have been 5 lines long
     
    andytyke, Oct 13, 2017
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  16. Young Nudger

    Young Nudger Well-Known Member

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    If this deal fails - then the club will still be sold - no matter who it gets sold to - it's going to be sold.

    Bit like Brexit really - no matter what the EU comes up with to stall the agreement - the U.K. Is leaving the EU.

    So my advice would be to the EU to take it seriously - and same applies to Billy Beane and co - it's going to happen one way or another.
     
    Young Nudger, Oct 13, 2017
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  17. shed131

    shed131 Well-Known Member

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    Some lazy 2hat sat behind a desk in idiot citywhos been sat reading this board....no doubt....
     
    shed131, Oct 13, 2017
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  18. pon

    pontyender Well-Known Member

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    Sean Lewis got away with it for a while.
     
    pontyender, Oct 13, 2017
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  19. pon

    pontyender Well-Known Member

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    The EFL will be asking for proof of funds I would have thought.
     
    pontyender, Oct 13, 2017
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  20. Young Nudger

    Young Nudger Well-Known Member

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    The drip drip drip from Dragons fangs has fallen on the sleeping forehead of a sports writer at the Daily Mail.
     
    Young Nudger, Oct 13, 2017
    #20
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