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Takeover News/Rumours

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KittenMittens said:
Mrs works in M&A for the big 4, it hasn't slowed down most deals. In my case, I had a call two weeks ago that said 'we can do this as fast or as slow as you'd like'.

I said 'fast, because this is an 0898 number love'

My point being, that it's absolutely understandable if things take slightly longer, they don't need to give us blow-by-blow accounts, but we are a massive stakeholder in this transaction and freezing us out entirely after treble the initial estimate is equally bad practice as saying too much.

Oh, and I've heard a lot of people say that this is 'professionalism' because the owners and potential buyers should do everything behind the scenes without our knowledge - bollocks.

FPP, for example, were quite happy to show their faces and have things set up in their names publicly when they were doing DD on us. Are they unprofessional? No.

Donald was unprofessional in jumping the gun in what he thought they would do, but there is a happy medium where fans feel included in our club and this has been an absolute shitshow on that front.
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Do you work in lead advisory / transaction support too, North East based?
 

garyswc said:
I've worked in the sector for circa 30 years, north east based. Always just curious mate, I'm well out of touch with folks in the big 4 up here now though.
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It's an interesting world mate, must be fun... sometimes. Would you be able to find someone to buy SAFC? :D

From my side, I'm lucky to be doing this at a time when it's exploded. That means we have interest from the USA which adds more complications should I sell - which I'm not actually sure I do, but you can probably imagine that once it gets to a certain point, you can't really say no.
 
Hawyatt Earp said:
I don't think anyone should get excited about Charlie Methven leaving. There’s nothing that I’ve seen suggesting it’s anything other than someone/people buying Donald out. No mention of Sartori or Methven going yet..
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If that's the case that flashman and Santi are staying ...........wouldn't they have to invest ,a % to keep up with the investment the new owners are putting in or they would be onto a good deal letting the new owners putting the dosh and reaping the rewards of share growth..... I personally want methy out of our club asap and I'm undecided about Santi but in truth he has been less than useless so far..........let's hope it's a clean slate scenario.....and the three amigos become a long lost distant bad memory like a bad case of the drip in your youth.
 
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