The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
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Exactly. A firm bid can often be the final stage once negotiations have established the proposed terms, conditions and financial parameters of the deal. Then it moves very fast.SDAddick said:
Sorry I've probably missed this, but where are we getting the "no formal bids" from?ShootersHillGuru said:I have to say I still don’t get it.
Three groups still negotiating. No formal bids and yet the information we are getting is that it will be done within four weeks.
Also, do we know how we're defining "formal bid?" Because some numbers must have been mentioned to get to the due diligence phase.
To take an example from really early in in my career, a company I was part of was looking to buy a company we had a relationship with, and it was widely agreed that the figure would be somewhere between $12-15m. So as we got close-ish to closing the deal, their senior people said "oh that $15m figure doesn't include our buyout clauses and stock potentials" or something along those lines. So in the end we made one final "take it or leave it offer," which was the only (or second, can't remember) "formal offer" we made.
Sorry, this is all a long way of saying a "formal offer" may just be the last offer or an offer made very near to the end. As in you agree a ballpark/range, undergo dd and all that, haggle back and forth, and then submit your formal offer.1 -
Well it is February now. Not going to hold my breath though.0
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So @ShootersHillGuru does get it?Airman Brown said:
Because the first part isn’t correct.ShootersHillGuru said:I have to say I still don’t get it.
Three groups still negotiating. No formal bids and yet the information we are getting is that it will be done within four weeks.13 -
HarryLime said:
More unconfirmed sources, I am led to believe the the seller is Duchatelet.grumpyaddick said:Unconfirmed sources report the third bidder is also called Muir.
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On the train and just heard an Aussie bloke wearing a kilt and drinking a can of red bull, talking on his phone about "needing another gross weight of duck tape to get the deal over the line".
Proper confused now. Probably nothing.
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It's February!!! This could be the month. In 4 weeks time we might be rid of Roland Duchatelet forever!!!
Just let that sink in for a little while15 -
Sounds like a manual grafterRodneyCharltonTrotta said:On the train and just heard an Aussie bloke wearing a kilt and drinking a can of red bull, talking on his phone about "needing another gross weight of duck tape to get the deal over the line".
Proper confused now. Probably nothing.1 -
Stopped reading at 'On the train' which is obviously a lie.RodneyCharltonTrotta said:On the train and just heard an Aussie bloke wearing a kilt and drinking a can of red bull, talking on his phone about "needing another gross weight of duck tape to get the deal over the line".
Proper confused now. Probably nothing.3 -
Does this also mean that the 55million thing was a load of bollocks and time was wasted moaning about it.1
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Maybe the 3 bidders will join forces and form a massive consortium.
Then we will be bigger than The Massives.2 - Sponsored links:
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Unlikely mate this was in first class.i_b_b_o_r_g said:
Sounds like a manual grafterRodneyCharltonTrotta said:On the train and just heard an Aussie bloke wearing a kilt and drinking a can of red bull, talking on his phone about "needing another gross weight of duck tape to get the deal over the line".
Proper confused now. Probably nothing.1 -
No one can be bigger than The Massives!sillav nitram said:Maybe the 3 bidders will join forces and form a massive consortium.
Then we will be bigger than The Massives.0 -
So, Lookman is brokering the Red Bull takeover deal?1
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Nah, the takeover will be by Jeff Stelling, Sue "eating the buffet" Parkes and Gareth GatesUboat said:This thread is going to descend into a mass brawl, complete with custard pies, flying furniture and hair pulling, at which point a little known member of the forum will turn up and quietly announce that our take over by Jeff Bezos, Warren Buffett and Bill Gates has just gone through.
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I'd take that.killerandflash said:
Nah, the takeover will be by Jeff Stelling, Sue "eating the buffet" Parkes and Gareth GatesUboat said:This thread is going to descend into a mass brawl, complete with custard pies, flying furniture and hair pulling, at which point a little known member of the forum will turn up and quietly announce that our take over by Jeff Bezos, Warren Buffett and Bill Gates has just gone through.
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Relight my fire?Uboat said:
I'd take that.killerandflash said:
Nah, the takeover will be by Jeff Stelling, Sue "eating the buffet" Parkes and Gareth GatesUboat said:This thread is going to descend into a mass brawl, complete with custard pies, flying furniture and hair pulling, at which point a little known member of the forum will turn up and quietly announce that our take over by Jeff Bezos, Warren Buffett and Bill Gates has just gone through.
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On horseback.hudson-son-son said:So, Lookman is brokering the Red Bull takeover deal?
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With his hampton out?seth plum said:
On horseback.hudson-son-son said:So, Lookman is brokering the Red Bull takeover deal?
2 - Sponsored links:
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Soooo he gets it?Airman Brown said:
Because the first part isn’t correct.ShootersHillGuru said:I have to say I still don’t get it.
Three groups still negotiating. No formal bids and yet the information we are getting is that it will be done within four weeks.0 -
Konsa staying is hopefully an indication that a deal is close5
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No, that only applies to Tottenham.ValleyGary said:
With his hampton out?seth plum said:
On horseback.hudson-son-son said:So, Lookman is brokering the Red Bull takeover deal?
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Or, playing devil's advocate that it isn't close.Swisdom said:Konsa staying is hopefully an indication that a deal is close
Maybe Duchatelet thinks he'll get more for him in the summer or thinks that keeping him gives us more chance of promotion so he can sell the club for more in the summer.
I suspect it is now no longer relevant either way.0 -
Swisdom said:
Konsa staying is hopefully an indication that a deal is close
Henry Irving said:
Or, playing devil's advocate that it isn't close.Swisdom said:Konsa staying is hopefully an indication that a deal is close
Maybe Duchatelet thinks he'll get more for him in the summer or thinks that keeping him gives us more chance of promotion so he can sell the club for more in the summer.
I suspect it is now no longer relevant either way.
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Konsa sold - RD wanted to cash in before he sold the club.
Konsa stays - A sale must be imminent and RD didn't want the club to lose value.
Confirmation bias at work right there.12 -
I’ve heard, apparently, this thread can now be seen from outer space..26
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Now I'm confused. By that definition, the people that said that talked so they don't really know that. Unless those that do know do talk but are saying they don't.Ormiston Addick said:As the Chinese say when discussing the internal machinations of the ruling Communist Party, "Those who talk really don't know and those who really know don't talk."
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