Attention: Please take a moment to consider our terms and conditions before posting.

The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

17737747767787792265

Comments

  • It would be ludicrous to have multiple panels for such a specific issue, they would be sat round twiddling their thumbs for months on end when no takeovers are happening, then everyone would say thats whats wrong with English football.....
  • seth plum said:

    The panel should be all women because they are apparently better at multi tasking than men.

    Think of all the woolen jumpers knitted while they were waiting for the next one.
  • Would think the Sunderland one might need a bit more research and due diligence than us...
    After all, Eastleigh chairman taking over Sunderland doesnt fit right in my eyes, whereas Charlton taken over by Billionaire (in Aus dollars) , might be a bit easier to give the nod to. However, with our experience of RD, maybe not so easy.
  • edited May 2018
    The Wigan takeover hasn't happened yet either, I don't know whether they've got to the stage of EFL approval?
  • Would think the Sunderland one might need a bit more research and due diligence than us...
    After all, Eastleigh chairman taking over Sunderland doesnt fit right in my eyes, whereas Charlton taken over by Billionaire (in Aus dollars) , might be a bit easier to give the nod to. However, with our experience of RD, maybe not so easy.

    not if they come on here and read about what racists they are
  • It would be ludicrous to have multiple panels for such a specific issue, they would be sat round twiddling their thumbs for months on end when no takeovers are happening, then everyone would say thats whats wrong with English football.....

    Agree, but if it's just certain criteria they're looking at, surely it can be done by a 3rd party a bit like the conveyancing on a house or business in other industries.

    It may be a rare occurrence, but I think it's important that each one is done without delay.
  • The reason they can only process one takeover at a time:



    Cawley:

    'Only one panel that sits on 'fit and proper' test. So if got more than one to process it slows things down - at least that is what I was told....'
    Seems a little at odds with a line from the Abramovich story yesterday, which stated that the Fit & Proper test is done annually...I take it that this one is even more of a rubber stamp job than the one to welcome in brand new owners!
  • The amount of time we've waited if it takes the EFL an extra 2 weeks then so be it
  • Does anyone know who, or what sort of people (solicitors? / accountants?) sit on this panel? Surely they should have the capability to deal with 2 cases at the same time if ever the need arrises?

    If it's like a lot of advisory panels, it won't be their day job so it will need to be scheduled around that. Also there are probably statutory timescales you need to give them to read the submitted pack. I can't imagine two takeovers pop up at once very often so probably date ordered.

    Having done it for local government in a previous life, panel and committee admin is a ball ache and can lead to delays just because of statutory process. Unlikely they'll call an extraordinary session for little old charlton ;)

    Patience is a virtue!
  • Sponsored links:


  • Does anyone know who, or what sort of people (solicitors? / accountants?) sit on this panel? Surely they should have the capability to deal with 2 cases at the same time if ever the need arrises?

    I only know their first names - Simon, David, Amanda and Alesha.

    I think Simon is the leader.
  • Oh ffs, see all these new posts and think someone's got the new intel and it's all because kangaroo Jack was on a wind up

    Just sell the club

    He won't like you calling him that, and he's a bit feisty, I can foresee a few people being invited to the hallowed tarmac of Mackros car park if he's ever in town again.
  • Redrobo said:

    777

    When the Three Sevens Clash

    @JamesSeed @stonemuse @LoOkOuT
  • I have a question... has anyone ever actually failed a fit and proper persons test?
  • Redrobo said:

    777

    When the Three Sevens Clash

    @JamesSeed @stonemuse @LoOkOuT
    From 1977
    I’ve got a safety pin stuck in my soul
    A badge pinned to my heart
    Says “I can’t be bought or sold”
    Whatever were we thinking of
    When we were shooting our mouths off
    The truth is alive
    From 1977 until the THREE SEVENS CLASH

    I fought for what I believe in
    On the punk rock barricade
    A suburban revolution
    Broadcast on street airwaves
    Whatever were we trying to do
    We are in the pages of ‘Sniffin’ Glue’
    The truth is alive
    From 1977 until THREE SEVENS CLASH
  • Leaving aside the obvious points about the quality of the outcome, it doesn’t seem the fit and proper persons test took any time at all when it was applied to Duchatelet - and that was over Christmas.

    But he was only one person rather than half a dozen people from a convict nation : - )
  • Sponsored links:


  • Phew.
    I can pull my pants up now.
  • HarryLime said:

    Redrobo said:

    777

    When the Three Sevens Clash

    @JamesSeed @stonemuse @LoOkOuT
    From 1977
    I’ve got a safety pin stuck in my soul
    A badge pinned to my heart
    Says “I can’t be bought or sold”
    Whatever were we thinking of
    When we were shooting our mouths off
    The truth is alive
    From 1977 until the THREE SEVENS CLASH

    I fought for what I believe in
    On the punk rock barricade
    A suburban revolution
    Broadcast on street airwaves
    Whatever were we trying to do
    We are in the pages of ‘Sniffin’ Glue’
    The truth is alive
    From 1977 until THREE SEVENS CLASH

    https://www.youtube.com/watch?v=A3PjURr7lb4
  • Does anyone know who, or what sort of people (solicitors? / accountants?) sit on this panel? Surely they should have the capability to deal with 2 cases at the same time if ever the need arrises?

    If it's like a lot of advisory panels, it won't be their day job so it will need to be scheduled around that. Also there are probably statutory timescales you need to give them to read the submitted pack. I can't imagine two takeovers pop up at once very often so probably date ordered.

    Having done it for local government in a previous life, panel and committee admin is a ball ache and can lead to delays just because of statutory process. Unlikely they'll call an extraordinary session for little old charlton ;)

    Patience is a virtue!
    I'd be a bit more sympathetic to this very reasonable POV if anyone had actually failed the process.

  • Henry - it’s Gerard Murphy and the new UK firm would need to acquire Baton 2010 or both its subsidiaries - CAH Ltd and CAFC Ltd.
  • Leaving aside the obvious points about the quality of the outcome, it doesn’t seem the fit and proper persons test took any time at all when it was applied to Duchatelet - and that was over Christmas.

    Possibly because there are multiple individuals being considered in the fit and proper test. For Duchatelet it was just Duchatelet and his mate who owns 10% of staprix.
  • Didn’t the Man City owner before the Arabs have to sell the club because he failed the fit and proper test when it got brought in?
  • Leaving aside the obvious points about the quality of the outcome, it doesn’t seem the fit and proper persons test took any time at all when it was applied to Duchatelet - and that was over Christmas.

    Possibly because there are multiple individuals being considered in the fit and proper test. For Duchatelet it was just Duchatelet and his mate who owns 10% of staprix.
    Imagine when Swansea got bought then - dont they have somethng like 30+ US investors?
  • The end of the old scrote is nigh, rejoice brothers & sisters!

    Like many people on here I will welcome the change of ownership with open arms and honestly just hope for the best that they have the interests of the club at heart.

    Aslong as the toxic old turd has gone that's the main thing.
This discussion has been closed.

Roland Out Forever!