steve_69 Posted October 23, 2017 Share Posted October 23, 2017 It's probably just a handful of dodgy Excel spreadsheets and a few scribbled-on hotel napkins knowing our lot. Link to post Share on other sites More sharing options...
Milburn Posted October 23, 2017 Share Posted October 23, 2017 If things are at “data room” stage, it’s not private jets we should be looking out for, more so geeks in suits from Deloitte or whoever has been tasked to do this. They will arrive in the office at 8am just like everyone else and have a small boardroom taken over with boxes of files coming and going. If this is something that is happening quickly they’ll be there into the night. It will be quite obvious what’s going on to the general level employees so I’m surprised there hasn’t been any leaks from that side yet. Not even one photo on twitter from the guy from the mail room (or whoever). No ship is that tight. Something just doesn’t add up about the whole thing. Pretty sure the ‘data room’ process will be done online. From what I’ve read on it, the club put all the accounting books etc to a 3rd party who keep it all safe. From then on any 3rd party who have signed a NDA will be given a password where they can log on and look at all the documents, so there will be no guys with boxes of files. Correct. All documents are shared online through a highly secured Dropbox type of system. In my former company the data room process were done from the other side of the world by lawyers and accountants from a third party company. Link to post Share on other sites More sharing options...
Wilson Posted October 23, 2017 Share Posted October 23, 2017 I'm reasonably calm about this now tbh. I think it's happening and just a case of waiting for the news. Based on me trying to keep calm. Link to post Share on other sites More sharing options...
Greg Posted October 23, 2017 Share Posted October 23, 2017 If things are at “data room” stage, it’s not private jets we should be looking out for, more so geeks in suits from Deloitte or whoever has been tasked to do this. They will arrive in the office at 8am just like everyone else and have a small boardroom taken over with boxes of files coming and going. If this is something that is happening quickly they’ll be there into the night. It will be quite obvious what’s going on to the general level employees so I’m surprised there hasn’t been any leaks from that side yet. Not even one photo on twitter from the guy from the mail room (or whoever). No ship is that tight. Something just doesn’t add up about the whole thing. Unless it's an online data room. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted October 23, 2017 Share Posted October 23, 2017 I'm reasonably calm about this now tbh. I think it's happening and just a case of waiting for the news. Based on me trying to keep calm. I'm just ignoring it until it's done or goes away. Working well so far! Link to post Share on other sites More sharing options...
1964 Posted October 23, 2017 Share Posted October 23, 2017 I'm reasonably calm about this now tbh. I think it's happening and just a case of waiting for the news. Based on me trying to keep calm. I'm just ignoring it until it's done or goes away. Working well so far! Put it this way I doubt there is going to be anything of substance for a good few weeks yet. Mountains of media speculation to tantalise our clicking fingers but shag all concrete Link to post Share on other sites More sharing options...
Minhosa Posted October 23, 2017 Share Posted October 23, 2017 Absolutely nothing to say they'll offer what Ashley wants though. £350m and it's done imo. He won't get his £380m asking price, but it'll not be far off. He wants away like, he's not messing this time. If he genuinely wants away there's no way he'll let PCP walk away. Even if they won't budge from £300m he's going to more than get his money back, and that's without accounting for the free advertising for Sports Direct for 10 years, Disagree, I think he'd keep it. We're not talking small sums of money here, £50-80m of cash. Agreed. He'll be a cunt of the highest order to do a deal with. As for needing the money for his next venture, when you've got access to billions, drumming up some funding to the tune of £400m shouldn't be very difficult at all so any other deals will unlikely to be depedant on this one. Sadly. His only motivation now will be to get the best deal and he won't give one fuck what the next owner does to/for us. No different to Sir John Hall. He didn't give a fuck either once he'd smelled the money. Link to post Share on other sites More sharing options...
Minhosa Posted October 23, 2017 Share Posted October 23, 2017 If things are at “data room” stage, it’s not private jets we should be looking out for, more so geeks in suits from Deloitte or whoever has been tasked to do this. They will arrive in the office at 8am just like everyone else and have a small boardroom taken over with boxes of files coming and going. If this is something that is happening quickly they’ll be there into the night. It will be quite obvious what’s going on to the general level employees so I’m surprised there hasn’t been any leaks from that side yet. Not even one photo on twitter from the guy from the mail room (or whoever). No ship is that tight. Something just doesn’t add up about the whole thing. Unless it's an online data room. Which it will be. Link to post Share on other sites More sharing options...
Wilson Posted October 23, 2017 Share Posted October 23, 2017 I'm reasonably calm about this now tbh. I think it's happening and just a case of waiting for the news. Based on me trying to keep calm. I'm just ignoring it until it's done or goes away. Working well so far! I'm still constantly reading every article mind Link to post Share on other sites More sharing options...
manorpark Posted October 23, 2017 Share Posted October 23, 2017 If things are at “data room” stage, it’s not private jets we should be looking out for, more so geeks in suits from Deloitte or whoever has been tasked to do this. They will arrive in the office at 8am just like everyone else and have a small boardroom taken over with boxes of files coming and going. If this is something that is happening quickly they’ll be there into the night. It will be quite obvious what’s going on to the general level employees so I’m surprised there hasn’t been any leaks from that side yet. Not even one photo on twitter from the guy from the mail room (or whoever). No ship is that tight. Something just doesn’t add up about the whole thing. Pretty sure the ‘data room’ process will be done online. From what I’ve read on it, the club put all the accounting books etc to a 3rd party who keep it all safe. From then on any 3rd party who have signed a NDA will be given a password where they can log on and look at all the documents, so there will be no guys with boxes of files. That is how I understand it to be also. Online access. Link to post Share on other sites More sharing options...
Anderson Posted October 23, 2017 Share Posted October 23, 2017 If things are at “data room” stage, it’s not private jets we should be looking out for, more so geeks in suits from Deloitte or whoever has been tasked to do this. They will arrive in the office at 8am just like everyone else and have a small boardroom taken over with boxes of files coming and going. If this is something that is happening quickly they’ll be there into the night. It will be quite obvious what’s going on to the general level employees so I’m surprised there hasn’t been any leaks from that side yet. Not even one photo on twitter from the guy from the mail room (or whoever). No ship is that tight. Something just doesn’t add up about the whole thing. Pretty sure the ‘data room’ process will be done online. From what I’ve read on it, the club put all the accounting books etc to a 3rd party who keep it all safe. From then on any 3rd party who have signed a NDA will be given a password where they can log on and look at all the documents, so there will be no guys with boxes of files. I wish the reality of it was this easy. Link to post Share on other sites More sharing options...
NG32 Posted October 23, 2017 Share Posted October 23, 2017 Do we really think Ashley is paperless? :lol: Link to post Share on other sites More sharing options...
Kanj Posted October 23, 2017 Share Posted October 23, 2017 Prob using Merrill Data Site or Intralinks based on nothing but those are the only 2 data rooms I've ever used in M&A work I've done. Link to post Share on other sites More sharing options...
Odear Posted October 23, 2017 Share Posted October 23, 2017 Also considering the HMRC investigation, I’m sure they’re looking for hard copies too. I’d be surprised if the club was fully modernised. Link to post Share on other sites More sharing options...
Guest firetotheworks Posted October 23, 2017 Share Posted October 23, 2017 Do we really think Ashley is paperless? :lol: Anah. A bit of news to go on would be good like, the amateur sleuth stage is always a proper chore. Link to post Share on other sites More sharing options...
NG32 Posted October 23, 2017 Share Posted October 23, 2017 Do we really think Ashley is paperless? :lol: Anah. A bit of news to go on would be good like, the amateur sleuth stage is always a proper chore. The only way I can see Ashley being paperless is he has out sourced the book keeping to a third party. Little Lee Charnley just sends all the bills, invoices etc to the third party and they manage it. They then have the secure on line room for potential buyers to look at. Ashley doesn't strike me as a guy that cares for the environment or employing his own financial staff. Whoever is looking at NUFCs books under Ashley will be very careful and will be wanting to look at everything, given how he is such a reckless business man to deal with. This could takes weeks. Link to post Share on other sites More sharing options...
Tiresias Posted October 23, 2017 Share Posted October 23, 2017 prolly send fake stuff to the 3rd party and charnley has the hand written real books hidden Link to post Share on other sites More sharing options...
midds Posted October 23, 2017 Share Posted October 23, 2017 prolly send fake stuff to the 3rd party and charnley has the hand written real books hidden Bit like the shawshank redemption. Link to post Share on other sites More sharing options...
Kanj Posted October 23, 2017 Share Posted October 23, 2017 We prob didn't do any transfer activity because Charnley was too busy sitting at the scanner scanning and labeling shit for this sale process Link to post Share on other sites More sharing options...
Jimburst Posted October 23, 2017 Share Posted October 23, 2017 Do we really think Ashley is paperless? :lol: Anah. A bit of news to go on would be good like, the amateur sleuth stage is always a proper chore. 100% Link to post Share on other sites More sharing options...
Charlies Posted October 23, 2017 Share Posted October 23, 2017 Just listened to the chron podcast, Ryder says Staveley is the front runner (nothing new there) but there's another 'name' who has signed the NDA that he can't mention yet, that made him "raise his eyebrows, thinking that would be good" Why can't he mention it the gimp Link to post Share on other sites More sharing options...
John P Posted October 23, 2017 Share Posted October 23, 2017 Just listened to the chron podcast, Ryder says Staveley is the front runner (nothing new there) but there's another 'name' who has signed the NDA that he can't mention yet, that made him "raise his eyebrows, thinking that would be good" Why can't he mention it the gimp It's Gordon Sumner Link to post Share on other sites More sharing options...
Altamullan Posted October 23, 2017 Share Posted October 23, 2017 Just listened to the chron podcast, Ryder says Staveley is the front runner (nothing new there) but there's another 'name' who has signed the NDA that he can't mention yet, that made him "raise his eyebrows, thinking that would be good" Why can't he mention it the gimp It's Gordon Sumner Fab. He can’t, he can’t, he can’t stand losing... Link to post Share on other sites More sharing options...
afar Posted October 23, 2017 Share Posted October 23, 2017 Just listened to the chron podcast, Ryder says Staveley is the front runner (nothing new there) but there's another 'name' who has signed the NDA that he can't mention yet, that made him "raise his eyebrows, thinking that would be good" Why can't he mention it the gimp It's Gordon Sumner 100%, probably in tandem with Oz Osbourne Link to post Share on other sites More sharing options...
Kanj Posted October 23, 2017 Share Posted October 23, 2017 Just want the deepest pockets to buy us and one with the ambition to match and get us competing at the very top and who will redevelop the club and back Rafa. Link to post Share on other sites More sharing options...
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