STM

No just our potential new owner is in business with a convicted murderer Can you stop? You've made your point.

No comment from MA is good news!

I work in a multi billion dollar company, it closes one day over Christmas and even then it has employees working. That said, I can see why a large financial transaction might not take place.

Aye, I'm sure Christmas Day has no affect on the stock market. Or Black Friday. Stock market? I'm not so sure the middle eastern stock market will have a barring over emailing some paperwork like.

A religious holiday wont stop a multi billion dollar company doing business, I wouldnt have thought. Even if it is a highly religious part of the world.

Why Friday?

My remaining worry, is that both Kenyon and Staveley seemed under the impression that they had or would have agreements with him, only for him to pull the rug out at the fi stages. I hope they know who they are dealing with.

Good lad, this is to what I was referring.

Hmmm, this is concerning. I was thinking earlier whether all that had been sent to the Premier League was a letter signed by both parties informing them a deal was progressing and to expect further documentation How's it concerning a legal document signed by both parties has been submitted. There is not a cats hell in chance the PL would comment on any documentation received, total bullshit again without any shred of proof. Why don't people understand that there could be legal consequences for fraudulent information being made public. The group named Ashley and stated he has signed legal documentation. If this wasn't true then he would be the first person to come out and dispute this. Honestly man some people :lol: And it’s not the PL they’ve got that info from. It’s sources close to the club. Which tells you everything you need to know :lol: I’m not really sure I follow your whole argument. The group are saying one set of documentation had been submitted (ie the fit and proper test docs) and the club sources are saying they haven’t and that it’s only the agreement on price (ie Heads of agreement) that has been submitted. PL haven’t commented at all and so what is it that you are expecting Ashley to come out and refute? The group haven't claimed to have submitted fit and proper person documents yet. Eh? They have. The ‘so called fit and proper test’ remember? Read it again. They say they have handed in agreement documents and then say that the fit and proper persons test can take a couple of weeks. They dont claim to have given anything. That was my take.

They will settle in nicely. Make Caulkin their head of comms.

Hmmm, this is concerning. I was thinking earlier whether all that had been sent to the Premier League was a letter signed by both parties informing them a deal was progressing and to expect further documentation How's it concerning a legal document signed by both parties has been submitted. There is not a cats hell in chance the PL would comment on any documentation received, total bullshit again without any shred of proof. Why don't people understand that there could be legal consequences for fraudulent information being made public. The group named Ashley and stated he has signed legal documentation. If this wasn't true then he would be the first person to come out and dispute this. Honestly man some people :lol: And it’s not the PL they’ve got that info from. It’s sources close to the club. Which tells you everything you need to know :lol: I’m not really sure I follow your whole argument. The group are saying one set of documentation had been submitted (ie the fit and proper test docs) and the club sources are saying they haven’t and that it’s only the agreement on price (ie Heads of agreement) that has been submitted. PL haven’t commented at all and so what is it that you are expecting Ashley to come out and refute? The group haven't claimed to have submitted fit and proper person documents yet.

Why? How does that benefit Ashley? It's about patterns of behaviour. Hes quashed Staveley (who was genuine), and Kenyon (who he was mates with), why wouldnt he have dumped these lot by now. He will be inundated with questions, he could have responded at any time and hasn't. Not until after the story had served its purpose Which is? Rafa’s contract. Signing players. You have to be a raving lunatic at this stage to believe the conspiracy theory stuff. Theres more holes in it than swiss cheese. Its not really conspiracy stuff though is it? If Mike Ashley sees this group are full of shit and the deal will probably go nowhere, then you would fully expect him to use it to his advantage? It isn't an advantage to Mike Ashley to lose Rafa, piss off our fanbase and when it comes to spending money.. nobody ever thought he would anyway. Besides which, hes spent thousands trying to sell the club by this point.

I work in corporate M&A - heads of terms are not typically understood to be legally binding. It's an understanding of the general agreement between the parties but this can often be one or two pages max with the actual share purchase agreement being 100 pages plus. Often the terms in the HOTs themselves are tweaked slightly as issues arising with the drafting of the SPA. Yeah same here but in the US for a REIT, but an offer to purchase something is never legally binding unless the HOT/HOA/LOI is expressly written as such. But over here in the US, if you submit an LOI to purchase a business/asset, it includes the key terms to consummate a transaction. If both parties agree on it, they move to the contract which can be 100s of pages long. Once that is signed by both parties you work through the stages of DD and Closing and then you're officially closed/sold. I understand that it's different over in the UK and Middle East, so I'm trying to rack my head around the fact that if a heads of term or agreement has been signed by both parties, outlining all the key terms, and whilst still not technically binding, that is an offer to purchase something. What am I missing over in your neck of the woods then in terms of transactions? Well done, you two officially know more than most of the journalists I've been reading all day.

Why? How does that benefit Ashley? It's about patterns of behaviour. Hes quashed Staveley (who was genuine), and Kenyon (who he was mates with), why wouldnt he have dumped these lot by now. He will be inundated with questions, he could have responded at any time and hasn't. Not until after the story had served its purpose Which is? Rafa’s contract. Signing players. You have to be a raving lunatic at this stage to believe the conspiracy theory stuff. Theres more holes in it than swiss cheese.

Absolutely. There has been no official bid, apart from the pieces of paper he has signed saying that they agreed a price. You're agreeing with me right? A heads of agreement, signed by both parties, is as close to official as you can get for an offer to purchase an entity or asset or business. You then move to the official purchase & sale agreement that binds everything legally, which can be enforced by law local custom etc. Yeah I'm agreeing.

Why? How does that benefit Ashley? It's about patterns of behaviour. Hes quashed Staveley (who was genuine), and Kenyon (who he was mates with), why wouldnt he have dumped these lot by now. He will be inundated with questions, he could have responded at any time and hasn't. Not until after the story had served its purpose Which is?

Absolutely. There has been no official bid, apart from the pieces of paper he has signed saying that they agreed a price.

Why? How does that benefit Ashley? It's about patterns of behaviour. Hes quashed Staveley (who was genuine), and Kenyon (who he was mates with), why wouldnt he have dumped these lot by now. He will be inundated with questions, he could have responded at any time and hasn't.

There's no way this Bin Zayed Group would want to lose face with an aborted bid, as the concept of personal dignity, honour and protecting one’s reputation is very important in the Middle East, particularly in the business world. That was always my impression of the culture over there, was quite surprised to hear that anyone with any sort of connections high up would be involved in bullshit like fake bids. well aye but its already happened before with Liverpool They had a "fake bid" for Liverpool? When did this happen? no one has said they made a fake bid? since when did aborted mean fake? Read Trons post. If you cant see the difference between the Liverpool 2bn move and this one... think we have our wires crossed I was talking about what uncle bingo said. I think the bid is real. Ah ok, no worries.

There's no way this Bin Zayed Group would want to lose face with an aborted bid, as the concept of personal dignity, honour and protecting one’s reputation is very important in the Middle East, particularly in the business world. That was always my impression of the culture over there, was quite surprised to hear that anyone with any sort of connections high up would be involved in bullshit like fake bids. well aye but its already happened before with Liverpool Also with their $2billion Telangana investment agreement too. Always full of promise but is there ever actual proof of investment with these lot Ah, and your extensive knowledge on multi billion middle-east investment groups is spell binding. This group makes shit tonnes of money and they dont do it selling knock off sports socks, man.

There's no way this Bin Zayed Group would want to lose face with an aborted bid, as the concept of personal dignity, honour and protecting one’s reputation is very important in the Middle East, particularly in the business world. That was always my impression of the culture over there, was quite surprised to hear that anyone with any sort of connections high up would be involved in bullshit like fake bids. well aye but its already happened before with Liverpool They had a "fake bid" for Liverpool? When did this happen? no one has said they made a fake bid? since when did aborted mean fake? Read Trons post. If you cant see the difference between the Liverpool 2bn move and this one...

There's no way this Bin Zayed Group would want to lose face with an aborted bid, as the concept of personal dignity, honour and protecting one’s reputation is very important in the Middle East, particularly in the business world. That was always my impression of the culture over there, was quite surprised to hear that anyone with any sort of connections high up would be involved in bullshit like fake bids. well aye but its already happened before with Liverpool They had a "fake bid" for Liverpool? When did this happen?

Theres always the possibility that they are acting on behalf of another person but this guy is in a different league to Staveley and Kenyon. Again, no official word from Ashley's team. Given the monumental cunt that he is, he would have quashed this by now.

According to Hope yesterday, nothing had been submitted, yet today something has but it's still not happening...

"Several sources." "Sources close to the club." Tell you what's a good source...that fucking statement by the buying party.