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Takeover Rumours

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1322 page thread and a ten minute phone call to the wife this evening and I finally have some genuine information regards takeover and what the delay could be.......those of you that I have revealed my source too previously via PM’s happy to share what I know.
 
AndrewP said:
It may have been completed recently, there is very little chance it was completed ten days ago.
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I was involved in a business takeover that was fully agreed in January pending a few minor legalities / formalities (none if which would ever stop the deal happening). Due to solicitors / 3rd parties it wasn’t announced until 1st April even though both parties were happy and fully agreed in January

So actually, it could have been done 10 days ago waiting for some formalities to be done. Its probably more common than you think
 
Nelson! said:
There are a million possible reasons why it may have been done ten days ago but can't be announced. They haven't even got EFL approval yet have they? That's the obvious one but to assume that once a deal is done there is nothing that could hold up announcement is crazy.
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The deal isn't done until it's done.
 
Papa Smurf said:
1322 page thread and a ten minute phone call to the wife this evening and I finally have some genuine information regards takeover and what the delay could be.......those of you that I have revealed my source too previously via PM’s happy to share what I know.
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I’ll take one, albeit I don’t fit your criteria.
 
AndrewP said:
It may have been completed recently, there is very little chance it was completed ten days ago.
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I think it was done a while ago to be fair. A lad who used to work for the club who a good few on here know has said its done (was mentioned earlier in the thread). He obviously still knows people at the club and isn't normally a bullshitter when it comes to SAFC so i don't have any reason to doubt him. Then there's RR who suggested it was done (well before the podcast where they're talking as if it's done), ALS printing t-shirts which lets be honest will be one of the biggest own goals in fanzine history if it breaks down. There was a time when everyone seemed to think it was done, including Reiver of course. That leads me to think it was done and that we're either waiting on the EFL or they're tidying up some issue that doesn't affect whether they take over or not.

Worth bearing in mind from the EFL side, people are saying about the length of time it's taking to fully confirm the deal, but remember when Donald and Methven came in it took about this long and, crucially, they said they went through the process without Sartori initially because it would have taken a fair bit longer as he was from abroad, their finances were a lot simpler, especially with all tax paid here etc. These lads have all their business (or most of it presumably) abroad which will take longer for the EFL to approve, and there's 4 of them so again it'll take a while. You'd think, bearing in mind the stature and wealth of them, that it would be a formality but they'll want to make sure they've done it without cutting any corners, so no real surprise if it takes a fair bit longer than Donald and Methven took since they admitted they were easy to process
 
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rocky said:
Lads you're having the same (or very similar) argument day after day man. Just chill ya radgie bastards
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Ah but the further we get away from the date it was claimed to be "done" the more right some posters are and the more wrong the others!!!
 
Papa Smurf said:
1322 page thread and a ten minute phone call to the wife this evening and I finally have some genuine information regards takeover and what the delay could be.......those of you that I have revealed my source too previously via PM’s happy to share what I know.
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I'll happily accept one.....
 
Papa Smurf said:
1322 page thread and a ten minute phone call to the wife this evening and I finally have some genuine information regards takeover and what the delay could be.......those of you that I have revealed my source too previously via PM’s happy to share what I know.
Click to expand...
Why don’t you just say without compromising your source ?
 
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