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The Takeover Thread - Duchatelet Finally Sells (Jan 2020)

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Comments

  • Henry Irving
    Henry Irving Posts: 85,231

    What disappointed me was that this statement was given prominence but nothing on the OS about the Bromley Addicks meeting being cancelled.

    Sort your priorities out @Ollywozere

    As it’s not on the os does that mean it’s not cancelled?
    Exactly.
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    They've announce the Maidstone and the Weald meeting is cancelled
  • blackpool72
    blackpool72 Posts: 23,683

    What disappointed me was that this statement was given prominence but nothing on the OS about the Bromley Addicks meeting being cancelled.

    Sort your priorities out @Ollywozere

    The takeover includes taking over the Bromley Addicks.

    As always the Devil is in the detail.
  • Addickted
    Addickted Posts: 19,456
    Surely 'parties' means RD and RB?
  • Dazzler21
    Dazzler21 Posts: 51,360
    image
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948
    I can't believe it's got this far and there's no clue as to who the buyer is
  • SELR_addicks
    SELR_addicks Posts: 15,469
    How do you come to terms with two different parties?

    Are they going to be joint owners or something?
  • Callumcafc
    Callumcafc Posts: 63,782

    Maybe RD has sold it twice so he can get the £77.5 million I was talking about. I am sure the two buyers won't mind.

    One is purchasing the assets and the other purchasing the enterprise value? :-)
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  • barstool
    barstool Posts: 1,352
    An SPA is one legal document negotiated by lawyers for the buyer and seller. Obviously two different lawyers for the buyers and one Mischon for Roland.
  • Dazzler21
    Dazzler21 Posts: 51,360
    edited February 2018
    @kentaddick has been banned for improper support of the RB regime that will be taking over from the RD regime.

    #DOME
    #Banned
    #UserBannedPleaseCarryOn
  • The original legal source info was correct. The same source said last week that what happened was that a serious party which had previously withdrawn had come back to the table and that was why things didn’t get finalised as expected.


    Given the hint above (second serious party come back to the table) is that second party involved with the Scottish Muir maybe?

    Muir or Muir?

    I'd hope for some mega rich blokes but that doesn't happen to us...
    I've been provided with some additional information by another poster on CL who I believe is very clearly ITK but it wasn't one of the usual suspects (Airman, RedHenry or even Doucher!). However, I have promised to keep my mouth shut so out of respect I will not divulge further.

    What I will say is that I don't think the bidder has anything to do with either of the two Muir's.
  • i_b_b_o_r_g
    i_b_b_o_r_g Posts: 18,948

    How do you come to terms with two different parties?

    Are they going to be joint owners or something?

    It's badly worded mate. Read the last paragraph a few times...
  • Fumbluff
    Fumbluff Posts: 10,128
    Earth to @Redhenry , come in @Redhenry whatcha’got’for’us?
  • JWADDICK
    JWADDICK Posts: 846
    Not ITK at all about anything, least of all this fecking takeover but to clarify my post above I think the legal wording would be:

    "Whereas, the party of the first part [RD] has agreed with the party of the second part [the buyer] to sell the asset for the price of [undisclosed]. The party of the second part and the party of the first part hereinafter referred to as the parties shall hereinafter no longer engage with the party of the third part [mysterons] who, being unwilling to pay the sum of [undisclosed] for fourteen chips and a Bovril will be referred to as the party of the second part and that the party of the first part shall hereinafter be referred to as the party of the third part notwithstanding that the party of the second part and the party of the third part be one and the same, hereunto the interested parties shall be known as the parties and that the party of the second part and the party of the first part shall be indistinguishable from the party of the third part.

    Whereunto we have this day set our seal."

    Hope that makes it clearer.
  • RedChaser
    RedChaser Posts: 19,886

    How do you come to terms with two different parties?

    Are they going to be joint owners or something?

    It's badly worded mate. Read the last paragraph a few times...
    I assume you're snowed in across the channel as well mate and whiling away the hours on here, yes / no? :wink:
  • The original legal source info was correct. The same source said last week that what happened was that a serious party which had previously withdrawn had come back to the table and that was why things didn’t get finalised as expected.


    Given the hint above (second serious party come back to the table) is that second party involved with the Scottish Muir maybe?

    Muir or Muir?

    I'd hope for some mega rich blokes but that doesn't happen to us...
    I've been provided with some additional information by another poster on CL who I believe is very clearly ITK but it wasn't one of the usual suspects (Airman, RedHenry or even Doucher!). However, I have promised to keep my mouth shut so out of respect I will not divulge further.

    What I will say is that I don't think the bidder has anything to do with either of the two Muir's.
    Based on the info you've been given, are you optimistic about our future?

  • I swore I wasn't going to get dragged back into the 'it's happening' game but sod it.

    Tentative gif deployment in 3...2...1...

    image
  • To speculate, one bid might be X up front with the rest on attaining promotion. The other might be more cash but retaining a share of Konsa, Aribo and others per Leige.
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  • The original legal source info was correct. The same source said last week that what happened was that a serious party which had previously withdrawn had come back to the table and that was why things didn’t get finalised as expected.


    Given the hint above (second serious party come back to the table) is that second party involved with the Scottish Muir maybe?

    Muir or Muir?

    I'd hope for some mega rich blokes but that doesn't happen to us...
    I've been provided with some additional information by another poster on CL who I believe is very clearly ITK but it wasn't one of the usual suspects (Airman, RedHenry or even Doucher!). However, I have promised to keep my mouth shut so out of respect I will not divulge further.

    What I will say is that I don't think the bidder has anything to do with either of the two Muir's.
    Based on the info you've been given, are you optimistic about our future?

    Yes. Very.
  • Alex Wright
    Alex Wright Posts: 8,214
    For all those wondering about selling to two parties....
    Roly was spotted at a belgian production of The Producers in January.

    Just saying.......
    :)
  • Given the differing interpretations people have arrived at as a result of the latest Richard Murray statement, i.e. are there still 2 potential purchasing parties remaining in the process, or was "parties" simply referring to one bidder and RD (my interpretation)), perhaps @Ollywozere could arrange for some kind of clarification to be issued by the club?
  • carly burn
    carly burn Posts: 19,462
    Can someone please find out who this mystery party is?

    Can't be that hard.
  • Given the differing interpretations people have arrived at as a result of the latest Richard Murray statement, i.e. are there still 2 potential purchasing parties remaining in the process, or was "parties" simply referring to one bidder and RD (my interpretation)), perhaps @Ollywozere could arrange for some kind of clarification to be issued by the club?

    Two purchasing parties remain in the process
    Is that what RM told you then? If so what's your take on it?
  • Given the differing interpretations people have arrived at as a result of the latest Richard Murray statement, i.e. are there still 2 potential purchasing parties remaining in the process, or was "parties" simply referring to one bidder and RD (my interpretation)), perhaps @Ollywozere could arrange for some kind of clarification to be issued by the club?

    Two purchasing parties remain in the process
    Olly speaks!

    First time since Meire took her thumb off his head.

    ;-)
    I hope he's wearing a suit this time.
This discussion has been closed.