The Takeover Thread - Duchatelet Finally Sells (Jan 2020)
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Still to prove funds don’t sound good
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Still have to agree some sort of deal with the ex directors as well0
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Relax it doesn't take five minutes for a Bank to produce a 'To whom it may concern' statement of creditworthiness.ShootersHillGuru said:My guess now is that the bodies that were shown round the training ground and watched the game are just possible investors that the Aussies are trying to get on board. If Jim White is saying that proof of funds are still not provided then I suspect we are still months away if ever with the Aussies.
Going back to disappointment mode.1 -
Either proof of funds are meaning we are months away - as that’s seemingly what you’d do at the start of a bid
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RD is checking one final time that the party have the money to make sure the deal deffo goes through as he wants out!1 -
We're like a baited hook waiting for the big fish with bated breath.
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Any interested party will surely have been working overtime to ensure that all the necessary paperwork is done by early January
It doesn't mean it will happen, but time is of the essence. Once the January transfer deadline has passed, then you might as well wait until the summer
...and repeat...0 -
When I heard the latest rumour I wondered if they were a new bunch ( and therefore with the whole process ahead of them) or existing. If they're new people joining the Aussies a guess they fall into both categories.ShootersHillGuru said:My guess now is that the bodies that were shown round the training ground and watched the game are just possible investors that the Aussies are trying to get on board. If Jim White is saying that proof of funds are still not provided then I suspect we are still months away if ever with the Aussies.
Going back to disappointment mode.
Re: the multiple out of contract players, perhaps Roland is hoping new owners will take the hit, most include wage rises and signing on fees.
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Even proof of funds doesn't mean anything unless Roland has dropped his asking price or they're prepared to pay it.1
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And you haven't had to carry the operating costs for the last 3-6 months.SomervilleAddick said:If you ignore the stupid price, it would be a good time to purchase the club. You can make the additional investment needed to push for promotion knowing that at the end of the season a load of high earners come off the books, giving you a clean slate going forward.
But, part of a clean slate almost certainly will entail tying down salable assets to new contracts--Bauer, Fosu, Aribo, Reeves, Grant, Phillips, others I'm forgetting. It's a good chance to move on the likes of Igor and Ajose, maybe Sarr (though I'd love to keep him), but I don't think you want to lose all 13 on a free.0 -
If it's the same group as before then in theory it would make sense that it's just proof of funds being awaited. It could be based on new investors being roped in who have to prove they're capable of investing the agreed amount, while all other agreements are already in place from previous negotiations. Not pinning my hopes on it though.
(Yeah, I know I said I wasn't' getting involved but it turns out going back to work is even more depressing than make-believe takeovers)5 - Sponsored links:
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I nearly wished you a Happy New Year after your earlier post but I thought give it until after midday and the back to work blues will have subsided a bitGarrymanilow said:If it's the same group as before then in theory it would make sense that it's just proof of funds being awaited. It could be based on new investors being roped in who have to prove they're capable of investing the agreed amount, while all other agreements are already in place from previous negotiations. Not pinning my hopes on it though.
(Yeah, I know I said I wasn't' getting involved but it turns out going back to work is even more depressing than make-believe takeovers)1 -
Could be a very interesting two weeks
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They are waiting for their xmas money cheques to clear first. Also they probably got paid a week or 2 early for xmas last month so I'm guessing they will have to wait until this pay day before they can show that they have the funds available.ShootersHillGuru said:
Still have to show proof of funds !!!!!!!Airman Brown said:
I don't know what you're chasing, but I've had no contact with JW since Christmas. I haven't mentioned 72 hours, on here or elsewhere (for obvious reasons), but I have heard similar.ken_shabby said:Just curious, why would Jim White have 'inside' information. Are we all chasing echoes of the Rick Everitt rumour?
Understand JW said they still have to show proof of funds. Hmmm.
Can’t see this being anything close to 72 hours.0 -
Maybe they are trying to convert Love to Shop vouchers into cash.....SuedeAdidas said:
They are waiting for their xmas money cheques to clear first. Also they probably got paid a week or 2 early for xmas last month so I'm guessing they will have to wait until this pay day before they can show that they have the funds available.ShootersHillGuru said:
Still have to show proof of funds !!!!!!!Airman Brown said:
I don't know what you're chasing, but I've had no contact with JW since Christmas. I haven't mentioned 72 hours, on here or elsewhere (for obvious reasons), but I have heard similar.ken_shabby said:Just curious, why would Jim White have 'inside' information. Are we all chasing echoes of the Rick Everitt rumour?
Understand JW said they still have to show proof of funds. Hmmm.
Can’t see this being anything close to 72 hours.2 -
Jim White just said Aussie takeover expected in the next 48 hours.21
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should I pick up a pot noodle at lunch time or is it too early for that?8
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I suppose they could have made a move and proof of funds is the next step. But we can only speculate and have had so many false dawns that suspecting the worst is now our default position.0
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It’s happening...I told you so ages ago!0
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so its not RedbullFerryman said:Jim White just said Aussie takeover expected in the next 48 hours.
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survey saysbertpalmer said:
so its not RedbullFerryman said:Jim White just said Aussie takeover expected in the next 48 hours.
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Please let it happen, I hate Saturdays ATM.8
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What is the significance of the 72 hour deadline? Who has set this deadline and why? If they prove that they have the funds in a week, month or even a year is Roly going to say that they are too late it's not for sale anymore?0
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What is their exit plan?6
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Surely its a Rexit?SuedeAdidas said:What is their exit plan?
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Have I travelled back in time? I’m sure this has happened before... happy new year! Here’s to a great 2018...4
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agree much prefer little mixGreenie said:Please let it happen, I hate Saturdays ATM.
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