Heake

how do you know about the meeting? i read about it last week,annual pl meeting which all clubs must attend,also any club changing ownership has to inform other clubs at the meeting,reasons to me are unknown ,im not one for digging the ins n outs Surely that cant be right. If you intend to sell the club its no business of any other clubs until its done. If that's true, I find it a bizarre requirement

People generally don't incorporate in these circumstances until they need to. I've worked in plenty of processes where the binding bid document simply refers in general terms to 'a UK limited company, to be incorporated in due course' because it saves the hassle of setting one up and then closing it all back down again if the other conditions of the sale are not fulfilled. I'd disagree with that slightly. I agree that in a normal bid scenario you would establish the company and acquire within a few days. However I've seen clients establish just to reserve the name and then never use the company again. It's really not that much hassle - it costs £40 to incorporate a company (£120 same day) and not much more to terminate. For large corporates that's less than 15 minutes of legal fees. You wouldnt reserve the name of a company if you were a billionaire though? Especially since the name is irrelevant in this case.

People generally don't incorporate in these circumstances until they need to. I've worked in plenty of processes where the binding bid document simply refers in general terms to 'a UK limited company, to be incorporated in due course' because it saves the hassle of setting one up and then closing it all back down again if the other conditions of the sale are not fulfilled. I'd disagree with that slightly. I agree that in a normal bid scenario you would establish the company and acquire within a few days. However I've seen clients establish just to reserve the name and then never use the company again. It's really not that much hassle - it costs £40 to incorporate a company (£120 same day) and not much more to terminate. For large corporates that's less than 15 minutes of legal fees. Would that not be more likely if the wanted to secure the title itself (In that it may have strategic commercial significance)

Putting up a big fucking tent!!

People generally don't incorporate in these circumstances until they need to. I've worked in plenty of processes where the binding bid document simply refers in general terms to 'a UK limited company, to be incorporated in due course' because it saves the hassle of setting one up and then closing it all back down again if the other conditions of the sale are not fulfilled. Given the time lapsed from the (Alleged) agreed / signed bid between the two parties (Middle of April), if one were to register a title to stay dormant till any acquisition was complete, then why didn't they just do that months ago? The timing of this (in relation to last weeks Statement) is surely significant & indicates a deal is imminent?

If we take Caulkins cryptic tweet earlier & the timeline for registering & completing the last purchase, my guess is Tomorow / Friday

Well I was out...but I've considered the recent developments, & for that reason, I`m back in. (Till I`m out again that is)

Im in the mood for love!!!!

Prepare the takeover wank!!

If this is legit...there should be, at the very least, a Twatter avalanche this afternoon / evening

...please no...don't...give...the hope.....

Yes, you can. Allowed via system of Chinese walls internally. Like that one at the top of Stowell st?

Cant use the same lawyers to solicit a deal surely...conflict of interests & that

Whees Alex Taylor like?

You can wash them insitu. Unless there being "upgraded"?

IF...that is the case, then that may be very significant

Why? What requires them to do that?

Assuming the timeline is correct, I read it that having went through DD & all that malarkey over 6 weeks ago, Ashley has stalled & is fucking about (Maybe to court more bids?). The response from BZG to go public would seem to me the response I would expect if one felt the need to stimulate the proposed deal which had lost traction due to Ashleys cuntishnes.

I would love to agree with the sentiment, if it weren't for the FACT that they were submitted to the PL on 17th April!!!...that's nearly two months ago FACT That was proof of funds to Ashley though not to the PL so I'm sorry your statement is NOT FACT FACTS are never my strong point FACT

I would love to agree with the sentiment, if it weren't for the FACT that they were submitted to the PL on 17th April!!!...that's nearly two months ago FACT

other than the odd Oxymoron?

Aye...I think youre right. Ive closed me laptop, packed up me Kleenex & I`m off downstairs for the day....Takeover Wank is just going to have to go on the backburner

Possibly a live stoning tomorrow if the deal is done in time

There is none. It’s literally only come from that fake Midhat account and some fella from Kuwait saying good news on Friday. That’s it. ....& on that basis, I`m out!

I`m still at a loss to where this "Magic Friday" comes from? Other than hearsay & speculative tweets, who has decided that Friday will be the day of reckoning? what's the significance (leaving aside Airport / Ramadam etc. pots in the dark) of that day?