Why are we waiting?


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I thought all accountants were constrained by confidentiality clauses around all of their clients.

They are. The only exception is where you become aware of criminal actions (such as tax evasion) by a client, when there is an obligation to inform HMRC or the police. I have heard of cases where an accountant has told his client to shut up before he says too much :)

Other than that, you shouldn't disclose anything relating to a client's business that's not already in the public domain.

In this case, as it's common knowledge that Donald is looking to sell Eastleigh, and a sale had apparently been agreed, commenting on the progress of that sale falls into a pretty grey area. Personally, I wouldn't do it, but it's not a clear cut ethical breach.
 
With the owners the EFL have not rejected over the years, I really wouldn't worry about anything. It's just admin from here on in. Soon you'll all be delighted with the new owners, Bain gone and new, top class CEO with a proven track record of delivering success :cool:

You've said this on a few threads and I have no idea whether you're kosher or a shitehawk so I'm going to choose to hope you're right :D
 
I expected that by now the EFL would have either given the go ahead for this takeover and Stewart Donald would have control, or would have knocked it back, what do you think is holding this up? I thought a week would have been enough time to finalise this.

send Donald a tweet
 
No extra details except that due diligence is not complete yet and it takes around 2 weeks. This is day 8 of that process.

Going to need patience. Should find out a lot more by next weekend.
 
No extra details except that due diligence is not complete yet and it takes around 2 weeks. This is day 8 of that process.

Going to need patience. Should find out a lot more by next weekend.

Thought this was all done. What would happen if something came up?
 
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