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Takeover News/Rumours

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Realistically what do people think is possible under the circumstances and given the valuation and missing money (and vague explanations and assurances associated to it ) within the club ??
 
G Force said:
What’s meant to be happening tomorrow? An announcement? Surely if there was something would have leaked by now?
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Backtracking isn't the right word, but people who have pushed tomorrow as a date for something happening have definitely distanced themselves from it in recent days (calling it an "internal date" or whatever). Just need to get it sorted so that hopefully more competent people are making the decisions from top to bottom hopefully - starting with appointing a new manager.
 
GBSAFC said:
If there is a deal of sort percolating then a redistribution is probably the most likely ... however there are obvious issues if that's happening as its drawing on. On the flip side iirc Rodwell suggested that something more substantial might be happening in his recent media round. That might suggest an buyout ..or a takeover.
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GBSAFC said:
Realistically what do people think is possible under the circumstances and given the valuation and missing money (and vague explanations and assurances associated to it ) within the club ??
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To answer see your post above.

The reason I still believe Sartori is the potential buyer they are alluding to, is that he is the only person for whom all of the ITK info could theoretically be true and that would still tick the boxes Rodwell mentioned.

If he took over 50% of the shares in Madrox, it would be both a takeover and a share redistribution. It also would explain how rapidly the situation went from 0-87mph (period of exclusivity 2 weeks after nobody doing DD of any kind) and then seemingly has never reached 88mph and gotten over the line after over 3 months (Great SCOTT!).

Essentially madrox could use Sartori in this way indefinitely in order to drum up external interest and keep us hanging on. They tell everyone (especially FPP) that they intend to do it, and they go through formalities, the NDA/POE and it all looks legit, but they may not have any intention of ever selling to JS or him of buying us. Of course, nobody can ever prove that, which is why he fits the bill perfectly. A willing and plausible shadow/complimentary bidder.

And ultimately, I do not feel confident that it's an external bidder. Frankly, right now I feel less and less confident each week that the bid is genuine.
 
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KittenMittens said:
The NDA could easily be extended, it's a very lightweight 1-2 page doc that is boilerplate.

The period of exclusivity is different - there is leverage and money attached to it. That's a big reason I believe it's more likely to be someone internal.
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Sartori/Methven/new investor(s)...major part.
Will Donald still hang on in there in some form or fashion?
 
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