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Takeover Rumours

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Guinness Guzzler said:
If the takeover is agreed in full and the delay is just down to something regarding staffing etc that, regardless of the outcome of the discussions, still sees them take over then I'd say the deal is done, it's just the announcement is being held off on for now. If it's all agreed and just waiting on ELF clearance which ought to be a formality then I'd still say it's done. You're right that it's not done if it can still collapse but, barring the EFL randomly saying they're unfit, I don't believe that's the case
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Staffing or EFL approval? I see mentions of both. Surely they're two very different things.

Staffing would indicate due diligence, which would contradict a done deal. But the same person is saying both things.

Obviously it's already been established as fact that this person is completely reliable.
 
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Guinness Guzzler said:
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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You make far too much sense 😊
 
AC Mack said:
And that will go full circle once it is confirmed.
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If it's confirmed as complete tomorrow, that doesn't mean it was done ten days ago. It wouldn't prove anyone to be right or wrong.

I have no inside info, I hope it is done soon. I suspect it will be.
 
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