Time for club to make a statement on takeover

As long as the takeover goes through before late June does it actually matter when?

SSP cannot change much now.

It could be argued that they won’t be able to change much in Year 1 anyway. It will take a long time to turn the club around so we will all require patience.

The takeover is not a silver bullet.

Quoted from Knut Anders Fosters Voles

As long as the takeover goes through before late June does it actually matter when?

SSP cannot change much now.

It could be argued that they won’t be able to change much in Year 1 anyway. It will take a long time to turn the club around so we will all require patience.

The takeover is not a silver bullet.

Not necessarily. A vision and timeline for club infrastructure, new stadium and training ground could be presented. A clear direction of the club's medium term aims. This will provide the fanbase a vision of the future, something to look forward to. We haven't had that for a very long time. That could be done by the summer along with many other instant changes around fan engagement. The consortium have had enough time these past eighteen months or so to get a broad strategy together.

Secondly, if we get relegated, we could be bold and set about the season with the ambition and conviction of only staying down there for one season rather than the Hurst-like approach of incremental building. Plenty of clubs in the National League have been severely hit financially. We've got to go with the attitude of brushing them all aside, even the likes of Notts County. There will be nothing to lose by taking that mental approach and we're all grown up enough to take it on the chin if it doesn't work first time.

We've had too many cold doses of pragmatic realism the past couple of decades, and it just doesn't work..

Were I involved in the takeover I would delay until we are mathematically down and so the relegation is pinned totally to the existing owners. There is no sugar coating the relegation and so if I were them I would prefer to talk only about the future utm

Quoted from Zmariner

Were I involved in the takeover I would delay until we are mathematically down and so the relegation is pinned totally to the existing owners. There is no sugar coating the relegation and so if I were them I would prefer to talk only about the future utm

I think they're clever enough to know that they won't be blamed for any of this mess even if they took the club over tomorrow.. No point in wasting time avoiding getting their feet under the table to sort the wheat from the chaff and plan for the future over blame that's nigh on unanimously been apportioned already..

It's a takeover, not a makeover. We won't be sailing off in the sunset either, it will the coach to King's Lynn.

Take over . what take over ,  It does not take 4 months to buy something . Everything  seems to have been done except one vital thing ..... Handing over the cash . Have they got it ?  are they hanging on for a better price while the fans suffer , Something does not seem right to me . Buying a non league club for 2.5 mill is well over the top  + it will need another 3 mill on players to get us anywhere near a promotion team . Add to that better training ground  and then there is the new ground at what ever price . They are men that are used to making a profit in there line of work  not to lose money.. IMO we are going to be stuck with fenty for a good while yet  and another drop down the leagues will be well on the cards

Quoted from denni266

Take over . what take over ,  It does not take 4 months to buy something . Everything  seems to have been done except one vital thing ..... Handing over the cash

Apologies if you are actually an expert on corporate finance but why do you think a transaction should complete in four months?

What are you basing that on?

Have you ever purchased a football club?

Have you ever purchased a company?

I’ve had house purchases that have taken longer. Less money and less complicated than this transaction.

Quoted from KingstonMariner

I’ve had house purchases that have taken longer. Less money and less complicated than this transaction.

I agree. I’ve just had an offer accepted on a house and there’s little chance of me completing by 30 June.

Quoted from KingstonMariner

I’ve had house purchases that have taken longer. Less money and less complicated than this transaction.

I recall a house purchase that had a problem on the day of completion. Mortgage duly approved and signed, funds allocated, everything going along fine until a solicitor forgot to ask for the money from the  loan source.

In the paperwork the solicitor should have applied for the money from the lender a week prior to completion and forgot. Fortunately everybody in the chain were friends, or known to each other, so the moves went ahead for the paperwork and cash to be completed the next week.

So problems can happen.