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Takeover News/Rumours - Part 42

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Gadzooks said:
You're right I don't want to believe that people are siding with an attention seeking, COVID denying, absolute weapoin of a man.

Monkeys with typewriters etc etc
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Maybe, but this was sold as a takeover, that it most definitely it’s not, well certainly what I think of a takeover is someone taking over complete power, it looks more like a PR exercise set up by Charlie imo and he’s getting the lead role, even if when it is announced it says he’s head of media.
That’s rubbish and they all know it.
 
Flash Gordon said:
The biggest problem of Donald and Methven was always the on pitch issues. I don't think many people had a problem with them trying to make the club self sustainable. So now that we know Speakman is making all football decisions, I'm not as concerned about the background men as I was. Ideally they would still all fuck off, or at the very least Charlie, but it doesn't concern me that Rodwell is running the business side of things or particularly that Donald is in the background.
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Speakman making the football decisions, if Donald has any involvement don’t be so sure it will be left to Speakman, Jack Ross was employed to make football decisions but the short fatman from Oxford could help himself!
 
Roadhouse said:
Reads to me that Sartori is borrowing money from someone (I’m guessing KLD). Sounds like a load of bullshit anyway.
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Think he just goe's off what he see reported and puts his own spin on it.

One of the most bizarre circumstances of this whole takeover is him popping now and then. Jjst don't get it at all.
 
Lord Potts said:
You do realise that this astute financial observation is being made by someone whose own company was compulsorily wound up by the Court only a couple of weeks a go .
It's a touch of the Pot and Kettle to say the least
:lol: :lol: :lol:
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Like most people I have no time for William Storey, but something isn’t feeling right about this redistribution of shares at the moment that I will say and it’s certainly not a takeover.
 
Wayne The Punk said:
What redistribution of shares?
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What’s been told is it’s another bit for sartori, the French lad Dreyfus gets 38% same as JS in total and Donald then has 18% and Charlie his 6% so that’s redistribution in my eyes anyway.
No one person, company taking over, so it’s not a full takeover, at all.
So that’s a redistribution of shares and one person getting 38%.
 
Red and white TID said:
What’s been told is it’s another bit for sartori, the French lad Dreyfus gets 38% same as JS in total and Donald then has 18% and Charlie his 6% so that’s redistribution in my eyes anyway.
No one person, company taking over, so it’s not a full takeover, at all.
So that’s a redistribution of shares and one person getting 38%.
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Told by who? Who is the source for this?

Its amazing that people just quote the bits they want to believe in, and thats the truth. I will wait and see
 
Red and white TID said:
What’s been told is it’s another bit for sartori, the French lad Dreyfus gets 38% same as JS in total and Donald then has 18% and Charlie his 6% so that’s redistribution in my eyes anyway.
No one person, company taking over, so it’s not a full takeover, at all.
So that’s a redistribution of shares and one person getting 38%.
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But that is a re-distribution share percentage to a newco consortium with a 50/50 stake (between Sartori & KLD) controlling 76% of Madrox/Sunderland...That is a takeover of control
 
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Red and white TID said:
Like most people I have no time for William Storey, but something isn’t feeling right about this redistribution of shares at the moment that I will say and it’s certainly not a takeover.
I am assuming that its not some sort of a charitable "redistribution" of shares and that the people who are going to hold the majority of them will have paid for them. Usually when people take the biggest financial risk in a company they demand the biggest say in how its run - that's just common sense, Under the original arrangement Satori didn't hold a controlling interest in SAFC but he appears to be buying more shares along with this new guy to give themselves a significant controlling interest. So on the basis of what we have heard so far it appears that there's certainly going to be a shift in the balance of power regarding who will be making the final decisions.

I suppose whether people want to think of it as a "Takeover" or not is really up to them. I don't think what seems to be happening here is particularly unusual in the world of business it does happen. There are even things like "Hostile takeovers" where the original owners don't want to sell at all but they find that the majority of the shares have fallen in to the hands of another group and basically they are kicked out of the driving seat. I guess that in football we are just more used to entirely new people buying up the whole of the Club and all the old shareholders moving on.
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Lord Potts said:
I am assuming that its not some sort of a charitable "redistribution" of shares and that the people who are going to hold the majority of them will have paid for them. Usually when people take the biggest financial risk in a company they demand the biggest say in how its run - that's just common sense, Under the original arrangement Satori didn't hold a controlling interest in SAFC but he appears to be buying more shares along with this new guy to give themselves a significant controlling interest. So on the basis of what we have heard so far it appears that there's certainly going to be a shift in the balance of power regarding who will be making the final decisions.

I suppose whether people want to think of it as a "Takeover" or not is really up to them. I don't think what seems to be happening here is particularly unusual in the world of business it does happen. There are even things like "Hostile takeovers" where the original owners don't want to sell at all but they find that the majority of the shares have fallen in to the hands of another group and basically they are kicked out of the driving seat. I guess that in football we are just more used to entirely new people buying up the whole of the Club and all the old shareholders moving on.
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But but but Sartori is SD and Methven’s pal so he’s going to side with them and therefore Donald and Methven are still in control (completely ignoring the fact that KLD is Sartori’s man).
 
Mickdundee said:
But but but Sartori is SD and Methven’s pal so he’s going to side with them and therefore Donald and Methven are still in control (completely ignoring the fact that KLD is Sartori’s man).
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None of us have any clue of the relationships between them, we also don't know who does or doesn't want to be involved and to what extent. Sartori for example has shown absolutely no inclination to be involved in running the club, maybe KLD will be the same, maybe he won't.
 
Mickdundee said:
But but but Sartori is SD and Methven’s pal so he’s going to side with them and therefore Donald and Methven are still in control (completely ignoring the fact that KLD is Sartori’s man).
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Exactly...If Donald was still going to be 'controlling' things....he would have let Sartori buy enough share percentage off him to go 50/50 so himself and Sartori had controlling voting rights over the rest of the Madrox board, that would have kept him in control with his South American mate

Or even re-distributed his share percentage to the newco consortium to give himself, Sartori and Dreyfus 33.3% equal share so they all need to agree rather than just telling SD to sit quiet in the corner and shut up
 
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