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Takeover Update

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Iknowyoursecret
February 5, 2021, 10:01pm
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Why is the club making comments on a sale of Fenty’s shares they should be impartial not predudiced.The club should have nothing to do with the sale of his shares,who’s going to pay the legal fees for the sale THE CLUB or mr Fenty.
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AussieMariner
February 5, 2021, 11:19pm
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Quoted from DB


Nothing new really. Does anybody have any idea how much longer it's just dragging on and on



Nothing new?
FFS
Due diligence was the one stage where the whole thing could have gone t1ts up
Due diligence completed means that the consortium have discovered no reason not to proceed
I know you’re the authority on fat ladies DB but I can assure that this news means we’re a lot closer to this particular one singing
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DB
February 5, 2021, 11:31pm
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Quoted from AussieMariner


Nothing new?
FFS
Due diligence was the one stage where the whole thing could have gone t1ts up
Due diligence completed means that the consortium have discovered no reason not to proceed
I know you’re the authority on fat ladies DB but I can assure that this news means we’re a lot closer to this particular one singing


Hope this explains it for you, taken from a later post

Quoted from Kris2


Not sure what people were expecting. The only reason they had to release this non update is because people kept demanding to know what's going on and speculating. They don't have to update us about every boring phase of this takeover, it'll take however long it takes. There is no time frame on these sorts of things and putting one on it will only lead to more speculation if there are delays in completing everything.


Thank you Kris. I only wondered if someone knew of timescales from any other previous taker overs.


You can please some of the forumites some of the time but not all the forumites all of the time
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Northbank Mariner
February 6, 2021, 11:21am
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https://twitter.com/JamieFin_/status/1357746331767431168?s=19


Latest from Jason Stockwood, it's on the way but won't be next week..
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KingstonMariner
February 6, 2021, 11:27am
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Quoted from DB


Hope this explains it for you, taken from a later post

Quoted from Kris2


Not sure what people were expecting. The only reason they had to release this non update is because people kept demanding to know what's going on and speculating. They don't have to update us about every boring phase of this takeover, it'll take however long it takes. There is no time frame on these sorts of things and putting one on it will only lead to more speculation if there are delays in completing everything.


Thank you Kris. I only wondered if someone knew of timescales from any other previous taker overs.


It’s been said several times on this board that takeovers of this kind take several weeks. There can be no precise timetable - as you pointed out in another post DB, many different things can occur during contract negotiations, due diligence (by the buyer about the company they’re buying), due diligence by the League, transfer of funds etc.


Through the door there came familiar laughter,
I saw your face and heard you call my name.
Oh my friend we're older but no wiser,
For in our hearts the dreams are still the same.
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Bigdog
February 6, 2021, 11:49am
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After patiently waiting ten years for concrete positive news on new stadium plans at Great Coates, five years for positive news re Peaks Parkway, three years for Philip Day's plans to make us a Championship club and six months and counting for the club to announce the signing of Luke Spokes, I'm sure we can wait a day or two longer for the incoming owners' plans..

Can't wait for the wannabe football club owners to become actual football club owners and the tyrekickers no longer having to kick tyres. Then GTFC will no longer be kicked around like an old tyre as it has been for the past sixteen years and the spineless gobshite wannabe football manager/director will finally be able to see what a well run football club actually looks like..

Not expecting too much too soon, EFL survival takes precedence and plenty of work to do to repair our beaten up old club, but I've got a feeling we're going to see the beginnings of a new golden era for GTFC..
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realist
February 6, 2021, 12:12pm
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Quoted from LocalLadGTFC


Do you own multiple million pound companies and run the day to day duties of those companies? Thought not, probably sit in your mums spare box room touching yourself over being edgy and getting red crosses on the fishy. Everything they've done points to them being pro active, maybe you've seen too many TV programs and think you know how business negotiations work but in the real world, they take a long time and the fact it's been a couple years since they first approached for a take over and have been publicly slandered in the media by the current owner of the football club, watched the current owner of the football club enter negotiations with a convicted fraudster and watched the on field events be even more embarrassing than the off field antics they are still paying 2 million pounds of there money to take us over. Now please be a ' realist ' and take your fenty tinted glasses off which i'd assume are brown in color because your nose is so far up his behind and look at the real picture.


Oh dear, this really shows how the school closures are affecting pupils, although I expect you were near to the bottom of the class anyway.

If you had taken the trouble to read any of my posts thoroughly, you would know I am Fentys number one enemy, although the few big word would have confused you. I would love to be in my mothers box room but unfortunately she passed some time ago.  Although not owning a company I am a director of one and am at work running it today. Since midnight we have made 1.7 million pounds gross. Not bad for a masturbating mummies boy.  I am nothing but fair though, if you can give me five examples of how the three amigos have been proactive, then I will happy to admit that I am wrong.
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DB
February 6, 2021, 12:28pm
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Quoted from Northbank Mariner
https://twitter.com/JamieFin_/status/1357746331767431168?s=19


Latest from Jason Stockwood, it's on the way but won't be next week..


Thank you Northbank  for a bit of info, so hopefully the week after.



You can please some of the forumites some of the time but not all the forumites all of the time
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Northbank Mariner
February 6, 2021, 12:33pm
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Quoted from DB


Thank you Northbank  for a bit of info, so hopefully the week after.



It's not like Stockwood to comment on these sort of things on Twitter so I'm expecting things to happen before the end of the month at the very latest, fingers crossed it's before then...
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moosey_club
February 6, 2021, 12:39pm
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Quoted from Kris2


Not sure what people were expecting. The only reason they had to release this non update is because people kept demanding to know what's going on and speculating. They don't have to update us about every boring phase of this takeover, it'll take however long it takes. There is no time frame on these sorts of things and putting one on it will only lead to more speculation if there are delays in completing everything.


So we can add "the takeover negotiations" to the long list of things the Fishy is in control of ? 🤣


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