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Poojah |
February 26, 2021, 12:16pm |
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Incidentally Poojah I was once involved with mortgages and the quickest I knew of was 12 hours. Everything in place and ready to execute.
Without wanting to go off on a tangent, are you suggesting that the full conveyancing process was completed in 12 hours? Depending on your circumstances, there are aspects of that process that you can opt not to do, but then more fool you should you get sold a pup.
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| A smooth sea never made a skillful mariner. |
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TownSNAFU5 |
February 26, 2021, 12:36pm |
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When the checks and balances are complete we will have the Club with good captains at the helm and all sailing calmly on the same course. No one shouting “shut up!” To the crew or breaking ships flags.
We will feel confident in their decisions and trust them. Well, hopefully we will.
Ironic that when May was going to join the Board/be the new owner, it was going to happen very quickly. Thank God it did not happen. (You see, God does watch over GTFC - this comment links to another thread today).
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ska face |
February 26, 2021, 12:40pm |
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Not sure if anyone’s mentioned this, but in his Humberside interview Hurst said his understanding is that the takeover is all going as planned and it will be “weeks, not months” until completion.
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KingstonMariner |
February 26, 2021, 1:17pm |
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It’s not a question of being impatient Poojah, and I do understand it’s not a straightforward issue, but 3 weeks ago someone said we were at the EFL DD stage having got everything else sorted.
And DHM appreciate that it isn’t going to mean extra resources for the team in the short term either. I never said it was.
All I’m doing is asking if anyone has any information. You don’t need to read anything into it like I’m a kid wanting his Christmas presents early. If you don’t have any information then don’t say anything or a simple ‘I don’t know’.
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| 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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Poojah |
February 26, 2021, 1:42pm |
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It’s not a question of being impatient Poojah, and I do understand it’s not a straightforward issue, but 3 weeks ago someone said we were at the EFL DD stage having got everything else sorted.
And DHM appreciate that it isn’t going to mean extra resources for the team in the short term either. I never said it was.
All I’m doing is asking if anyone has any information. You don’t need to read anything into it like I’m a kid wanting his Christmas presents early. If you don’t have any information then don’t say anything or a simple ‘I don’t know’.
Easy now, I wasn't responding directly to you or anyone particular, nor was there any intent to patronise. I was just making a general point that there is no cause for concern at this stage because it's most likely simply a case of due procedure being followed. Sometimes we hear of deals going through in the Premier League etc. that appear as if some oligarch rocked up at the club's front door with a briefcase full of rubles, did the deal and held a photoshoot with a club scarf around this neck. The reality is that there will have been just as much if not more due diligence and legal red tape as there is in our case, only most of it will have been done before any deal became public knowledge. Our takeover isn't quite the same. This was a deal struck quickly and opportunistically thanks to Fenty stitching himself up through his relationship with Alex May, and so it's been in the public domain right from the very beginning. For that reason, it might seem as though things are moving slowly, but in reality that's not the case. That's the point I was trying to make - absolutely no offence intended to you or anyone else. Apologies if any caused.
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| A smooth sea never made a skillful mariner. |
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golfer |
February 26, 2021, 1:56pm |
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[quote=1541]. (You see, God does watch over GTFC.
I will always be there for you my son
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KingstonMariner |
February 27, 2021, 12:26am |
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Easy now, I wasn't responding directly to you or anyone particular, nor was there any intent to patronise. I was just making a general point that there is no cause for concern at this stage because it's most likely simply a case of due procedure being followed.
Sometimes we hear of deals going through in the Premier League etc. that appear as if some oligarch rocked up at the club's front door with a briefcase full of rubles, did the deal and held a photoshoot with a club scarf around this neck. The reality is that there will have been just as much if not more due diligence and legal red tape as there is in our case, only most of it will have been done before any deal became public knowledge.
Our takeover isn't quite the same. This was a deal struck quickly and opportunistically thanks to Fenty stitching himself up through his relationship with Alex May, and so it's been in the public domain right from the very beginning. For that reason, it might seem as though things are moving slowly, but in reality that's not the case.
That's the point I was trying to make - absolutely no offence intended to you or anyone else. Apologies if any caused.
No worries. Obviously I was a bit narked but no real damage to my fragile sensibilities. I did wonder if should ask It Gripes what to do about being bullied. 😉
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| 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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DB |
February 27, 2021, 5:55am |
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Without wanting to go off on a tangent, are you suggesting that the full conveyancing process was completed in 12 hours? Depending on your circumstances, there are aspects of that process that you can opt not to do, but then more fool you should you get sold a pup.
Absolutely done 12 hours. Everything in place documents money people to sign, only new of it once and never again.
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supertown |
February 27, 2021, 7:22am |
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Absolutely done 12 hours. Everything in place documents money people to sign, only new of it once and never again.
No, surveys or searches then . Surprised at a mortgage lender agreeing to that , could just about understand it if it was a cash buy
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HertsGTFC |
February 27, 2021, 9:09am |
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Part of my job is to find buyers for A shares in businesses which takes 6 - 8 weeks but the valuations are relatively simple and the only people we need to satisfy are the lawyers and HMRC, no but jobs like the EFL.
On the odd occasion we’ve sold B shares it takes a lot longer as you have to do a lot of extra work around the fixer assets etc...
I’d imagine for this to be done from HOT till completion would be up to 3 months.
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| "Crombie you would have got to that if you weren't such a fat ba%$@rd" - George Kerr, inspiration from the dug out 70s style |
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