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Sale is close - Barnsey

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Pepe said:
Never understood why the bars don’t sell bottled beer/cans only, quicker, more choice etc.

Presumably it is cheaper to buy piss water to sell to the masses.
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It should have happened more in the past i agree.
Could cans not being Plastic these days be a problem?
Safety wise.
 
Boris Bear said:
Just don't give any money to the incumbent owners. You can't force them out, all you can do is make a decision for yourself.

I can't help feeling that all of the social media posturing and protest is just oxygen to the current regime. Withholding your patronage and radio silence will see an end to them.
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.THAT above............. is the best route to take. Give these ****s not one penny more.
 
Just to add a bit of first hand experience in buying and selling businesses, I agreed Heads of Terms to buy a business back in March - way advanced of a period of exclusivity. Much smaller and simpler deal than SAFC. Six months later we are still passing paperwork backwards and forwards between lawyers.

I sold a business in 2013 that took almost a year to complete after entering exclusivity with a buyer.

These things can take ages.
 
Hank Silver said:
Just to add a bit of first hand experience in buying and selling businesses, I agreed Heads of Terms to buy a business back in March - way advanced of a period of exclusivity. Much smaller and simpler deal than SAFC. Six months later we are still passing paperwork backwards and forwards between lawyers.

I sold a business in 2013 that took almost a year to complete after entering exclusivity with a buyer.

These things can take ages.
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i had a similar experience on a much smaller business (£1.2 mill). Due diligence was fine, price was fine but all the legal stuff took forever - about a year probably all in to completion
 
Hank Silver said:
Just to add a bit of first hand experience in buying and selling businesses, I agreed Heads of Terms to buy a business back in March - way advanced of a period of exclusivity. Much smaller and simpler deal than SAFC. Six months later we are still passing paperwork backwards and forwards between lawyers.

I sold a business in 2013 that took almost a year to complete after entering exclusivity with a buyer.

These things can take ages.
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Glad you got it over the line, I'm dreading the day I have to hold on for months on end wondering, getting to the point where you are comfortable that you're letting go, and then having it potentially whipped away. Hopefully it wasn't that bad!

I remember a very prominent local entrepreneur wanted to invest in us shortly after he sold his company in 2017/18. I asked him about the selling process and he was traumatised by the whole process. He'd had 3 potential buyers come in, get 80-90% of the way through and bail when he thought it was all done. Eventually after about 18 months he sold the business and it looked like a weight off his shoulders.

I think a football club is a bit different to your average business in some respects, because the principle buyer is generally so enamoured and involved with the purchase that it's almost an emotional decision? But equally, I guess to back up what you're saying, it is bloody hard work selling even profitable, stable businesses, let alone volatile, risky ones like football clubs.
 
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KittenMittens said:
Glad you got it over the line, I'm dreading the day I have to hold on for months on end wondering, getting to the point where you are comfortable that you're letting go, and then having it potentially whipped away. Hopefully it wasn't that bad!

I remember a very prominent local entrepreneur wanted to invest in us shortly after he sold his company in 2017/18. I asked him about the selling process and he was traumatised by the whole process. He'd had 3 potential buyers come in, get 80-90% of the way through and bail when he thought it was all done. Eventually after about 18 months he sold the business and it looked like a weight off his shoulders.

I think a football club is a bit different to your average business in some respects, because the principle buyer is generally so enamoured and involved with the purchase that it's almost an emotional decision? But equally, I guess to back up what you're saying, it is bloody hard work selling even profitable, stable businesses, let alone volatile, risky ones like football clubs.
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the one i was involved in (not my business) had a deal lined up initially that went right through to the morning the contracts/paperwork were being signed and they backed out 2 hrs before completion.

It was horrific for the owners, all the work and costs to get that close and that happens. Thankfully someone else took it later, but the stress was horrible for me never mind how the owners felt.

just shows its never done until the signature is there
 
So nowt is happening, what has happened to the ITK’s who have told us share structures and who is involved and when the actual meetings are. Have they all crawled away again?
 
Guinness Guzzler said:
I do wonder why the product is so shit mind. I know many hate all lagers but I normally quite like Coors in a pub. Can't imagine they give them normal kegs and we get given some out of date stuff meant for the bin. Presumably it's something to do with how we store it or the lines or something. He could at least try and sort that out, might make people a bit more prepared to arrive early if the beer wasn't shit as well as expensive
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Turning the taps on one day fortnight doesn't help mind
 
The Ghost of Arca said:
The lad off 606 who you are talking about was on again today saying nothing has changed and he is still sticking with what he has been told
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I wasn’t talking about anyone in particular but I know there are a few who seem to know probably more than Donald does. I don’t know what they get out of it i really don’t
 
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