FloydianMag Posted January 21, 2021 Share Posted January 21, 2021 Any significance in this ?? No, it's just an annual filing requirement. It is, however if the takeover was dead in the water then you would expect the company to close. So (and its still clutching a little) the fact that it's still being kept live suggests mileage that once the legal case(s) are through the parties will be back Thats just the confirmation statement that every company has to file every 12 months to state that none of the previously submitted info has changed. Means fuck all other than the company is still 'live'. Question is if the deal is dead in the water as some suggest then why does the company remain live? Link to post Share on other sites More sharing options...
Montey Posted January 21, 2021 Share Posted January 21, 2021 It looks like Amanda's accountant has been busy with paperwork this week. Just standard, uninteresting, reporting stuff; but a few takeover related entities are active on Companies House. Link to post Share on other sites More sharing options...
Scotty66 Posted January 21, 2021 Share Posted January 21, 2021 Any significance in this ?? No, it's just an annual filing requirement. It is, however if the takeover was dead in the water then you would expect the company to close. So (and its still clutching a little) the fact that it's still being kept live suggests mileage that once the legal case(s) are through the parties will be back Thats just the confirmation statement that every company has to file every 12 months to state that none of the previously submitted info has changed. Means fuck all other than the company is still 'live'. Question is if the deal is dead in the water as some suggest then why does the company remain live? Exactly. If the deal died when PIF pulled out these companies would be long gone. Link to post Share on other sites More sharing options...
Joey Linton Posted January 21, 2021 Share Posted January 21, 2021 The takeover itself is dead in the water. The ongoing issue is between the club / owner and the Premier League and that's it. Not what people want to hear, but there it is. Link to post Share on other sites More sharing options...
arnonel Posted January 21, 2021 Share Posted January 21, 2021 The takeover itself is dead in the water. The ongoing issue is between the club / owner and the Premier League and that's it. Not what people want to hear, but there it is. What is arbitration for then? Link to post Share on other sites More sharing options...
Rocker Posted January 21, 2021 Share Posted January 21, 2021 The takeover itself is dead in the water. The ongoing issue is between the club / owner and the Premier League and that's it. Not what people want to hear, but there it is. You're wrong. Link to post Share on other sites More sharing options...
Jinky Jim Posted January 21, 2021 Share Posted January 21, 2021 The takeover itself is dead in the water. The ongoing issue is between the club / owner and the Premier League and that's it. Not what people want to hear, but there it is. You’re a fun contributor? Link to post Share on other sites More sharing options...
Jackie Broon Posted January 21, 2021 Share Posted January 21, 2021 And why is there a £150m loan agreement between PCP and St James Holdings Ltd still in place and not satisfied? Surely if the deal had died that would have been cleared up by now and PCP would have walked away without their £13m deposit that is part of the agreement. https://find-and-update.company-information.service.gov.uk/company/OC311146/charges Link to post Share on other sites More sharing options...
bobbydazzla Posted January 21, 2021 Share Posted January 21, 2021 The takeover itself is dead in the water. The ongoing issue is between the club / owner and the Premier League and that's it. Not what people want to hear, but there it is. That's the equivalent of walking into a primary school assembly and announcing: Santa is dead in the water. The ongoing issues is between your parents and your presents and that's it. Not what you kids want to hear, but there it is. Link to post Share on other sites More sharing options...
Toonjam88 Posted January 21, 2021 Share Posted January 21, 2021 And why is there a £150m loan agreement between PCP and St James Holdings Ltd still in place and not satisfied? Surely if the deal had died that would have been cleared up by now and PCP would have walked away with their £13m deposit that is part of the agreement. https://find-and-update.company-information.service.gov.uk/company/OC311146/charges BOOM Nail Head Mike Drop leaves the room Link to post Share on other sites More sharing options...
Happinesstan Posted January 21, 2021 Share Posted January 21, 2021 The takeover itself is dead in the water. The ongoing issue is between the club / owner and the Premier League and that's it. Not what people want to hear, but there it is. That's the equivalent of walking into a primary school assembly and announcing: Santa is dead in the water. The ongoing issues is between your parents and your presents and that's it. Not what you kids want to hear, but there it is. Except people are meant to be mature on here. Link to post Share on other sites More sharing options...
Awaymag Posted January 21, 2021 Share Posted January 21, 2021 The takeover itself is dead in the water. The ongoing issue is between the club / owner and the Premier League and that's it. Not what people want to hear, but there it is. That's the equivalent of walking into a primary school assembly and announcing: Santa is dead in the water. The ongoing issues is between your parents and your presents and that's it. Not what you kids want to hear, but there it is. Except people are meant to be mature on here. Santa's dead? And it was my parents all along? Life changing news Link to post Share on other sites More sharing options...
manorpark Posted January 21, 2021 Share Posted January 21, 2021 The takeover itself is dead in the water. The ongoing issue is between the club / owner and the Premier League and that's it. Not what people want to hear, but there it is. You forgot to mention . . . "White is Black" "Wet is Dry" "Large is Small" "The Earth is Flat" etc. Please be more comprehensive in future . . . Link to post Share on other sites More sharing options...
Lazarus Posted January 21, 2021 Share Posted January 21, 2021 Any significance in this ?? No, it's just an annual filing requirement. It is, however if the takeover was dead in the water then you would expect the company to close. So (and its still clutching a little) the fact that it's still being kept live suggests mileage that once the legal case(s) are through the parties will be back Thats just the confirmation statement that every company has to file every 12 months to state that none of the previously submitted info has changed. Means f*** all other than the company is still 'live'. Question is if the deal is dead in the water as some suggest then why does the company remain live? Good question. If the deal were truly dead then the company should be wound up and dissolved. Thats assuming it was connected to the takeover in first place. Cant rememebr if JV1 was linked in any of the docs that leaked last year. Link to post Share on other sites More sharing options...
FloydianMag Posted January 21, 2021 Share Posted January 21, 2021 Any significance in this ?? No, it's just an annual filing requirement. It is, however if the takeover was dead in the water then you would expect the company to close. So (and its still clutching a little) the fact that it's still being kept live suggests mileage that once the legal case(s) are through the parties will be back Thats just the confirmation statement that every company has to file every 12 months to state that none of the previously submitted info has changed. Means f*** all other than the company is still 'live'. Question is if the deal is dead in the water as some suggest then why does the company remain live? Good question. If the deal were truly dead then the company should be wound up and dissolved. Thats assuming it was connected to the takeover in first place. Cant rememebr if JV1 was linked in any of the docs that leaked last year. JV1 if I remember is Joint Venture 1 a company set up by PCP/ Reuben Bros to facilitate the purchase of the club. If the deal was/is dead you would have thought the company would be dissolved. Link to post Share on other sites More sharing options...
Lazarus Posted January 21, 2021 Share Posted January 21, 2021 Any significance in this ?? No, it's just an annual filing requirement. It is, however if the takeover was dead in the water then you would expect the company to close. So (and its still clutching a little) the fact that it's still being kept live suggests mileage that once the legal case(s) are through the parties will be back Thats just the confirmation statement that every company has to file every 12 months to state that none of the previously submitted info has changed. Means f*** all other than the company is still 'live'. Question is if the deal is dead in the water as some suggest then why does the company remain live? If the JV1 company was setup for the takeover and the takeover is now dead, then it may still be live for accounting purposes. Once the accounts are filed, the company may then close. Companies can also be made 'dormant' on companies house ie, the company still exists but isnt 'trading'. Of course the takeover could still be ongoing, hence the company is still live and 'trading'. And as i mentioned above, was it ever confirmed that JV1 was directly connected to the takeover? JV1 is owned by Cantervale holding limited which is in turn owned by Cantervale limited which is owned by Stavely. Even if it is and the takeover is dead, JV1 might be able to be used for other purposes by Stavely. But the filing of a confirmation statement in and of itself doesnt mean anything and isnt enough to speculate on the progress/status of the takeover. Link to post Share on other sites More sharing options...
Lazarus Posted January 21, 2021 Share Posted January 21, 2021 Any significance in this ?? No, it's just an annual filing requirement. It is, however if the takeover was dead in the water then you would expect the company to close. So (and its still clutching a little) the fact that it's still being kept live suggests mileage that once the legal case(s) are through the parties will be back Thats just the confirmation statement that every company has to file every 12 months to state that none of the previously submitted info has changed. Means f*** all other than the company is still 'live'. Question is if the deal is dead in the water as some suggest then why does the company remain live? Good question. If the deal were truly dead then the company should be wound up and dissolved. Thats assuming it was connected to the takeover in first place. Cant rememebr if JV1 was linked in any of the docs that leaked last year. JV1 if I remember is Joint Venture 1 a company set up by PCP/ Reuben Bros to facilitate the purchase of the club. If the deal was/is dead you would have thought the company would be dissolved. Aye - that was the theory, but i dont think there was ever a direct link. Link to post Share on other sites More sharing options...
Toonjam88 Posted January 21, 2021 Share Posted January 21, 2021 Any significance in this ?? No, it's just an annual filing requirement. It is, however if the takeover was dead in the water then you would expect the company to close. So (and its still clutching a little) the fact that it's still being kept live suggests mileage that once the legal case(s) are through the parties will be back Thats just the confirmation statement that every company has to file every 12 months to state that none of the previously submitted info has changed. Means f*** all other than the company is still 'live'. Question is if the deal is dead in the water as some suggest then why does the company remain live? If the JV1 company was setup for the takeover and the takeover is now dead, then it may still be live for accounting purposes. Once the accounts are filed, the company may then close. Companies can also be made 'dormant' on companies house ie, the company still exists but isnt 'trading'. Of course the takeover could still be ongoing, hence the company is still live and 'trading'. And as i mentioned above, was it ever confirmed that JV1 was directly connected to the takeover? JV1 is owned by Cantervale holding limited which is in turn owned by Cantervale limited which is owned by Stavely. Even if it is and the takeover is dead, JV1 might be able to be used for other purposes by Stavely. But the filing of a confirmation statement in and of itself doesnt mean anything and isnt enough to speculate on the progress/status of the takeover. Are you just ignoring the charge made against Cantervile holdings by MASH for the £150 million loan and the fact it’s still outstanding. If it was dead it wouldn’t still be outstanding. Link to post Share on other sites More sharing options...
Toonjam88 Posted January 21, 2021 Share Posted January 21, 2021 Any significance in this ?? No, it's just an annual filing requirement. It is, however if the takeover was dead in the water then you would expect the company to close. So (and its still clutching a little) the fact that it's still being kept live suggests mileage that once the legal case(s) are through the parties will be back Thats just the confirmation statement that every company has to file every 12 months to state that none of the previously submitted info has changed. Means f*** all other than the company is still 'live'. Question is if the deal is dead in the water as some suggest then why does the company remain live? If the JV1 company was setup for the takeover and the takeover is now dead, then it may still be live for accounting purposes. Once the accounts are filed, the company may then close. Companies can also be made 'dormant' on companies house ie, the company still exists but isnt 'trading'. Of course the takeover could still be ongoing, hence the company is still live and 'trading'. And as i mentioned above, was it ever confirmed that JV1 was directly connected to the takeover? JV1 is owned by Cantervale holding limited which is in turn owned by Cantervale limited which is owned by Stavely. Even if it is and the takeover is dead, JV1 might be able to be used for other purposes by Stavely. But the filing of a confirmation statement in and of itself doesnt mean anything and isnt enough to speculate on the progress/status of the takeover. Are you just ignoring the charge made against Cantervile holdings by MASH for the £150 million loan and the fact it’s still outstanding. If it was dead it wouldn’t still be outstanding. Link to post Share on other sites More sharing options...
Toonjam88 Posted January 21, 2021 Share Posted January 21, 2021 There is also a charge against Staveleys assets benefitting RB Sports and Media in exchange for 50% share ownership of JV1. JV1 is the company set up to purchase the 20% stake in NUFC. RB Sports is Reuben Brothers. Charge is still there. Link to post Share on other sites More sharing options...
thomas Posted January 21, 2021 Share Posted January 21, 2021 frankly I'm fucking ready for it to be done one way or the other. obv a sale the best outcome but either way i'd like to DDT this thread off the top rope. Link to post Share on other sites More sharing options...
Lazarus Posted January 21, 2021 Share Posted January 21, 2021 Any significance in this ?? No, it's just an annual filing requirement. It is, however if the takeover was dead in the water then you would expect the company to close. So (and its still clutching a little) the fact that it's still being kept live suggests mileage that once the legal case(s) are through the parties will be back Thats just the confirmation statement that every company has to file every 12 months to state that none of the previously submitted info has changed. Means f*** all other than the company is still 'live'. Question is if the deal is dead in the water as some suggest then why does the company remain live? If the JV1 company was setup for the takeover and the takeover is now dead, then it may still be live for accounting purposes. Once the accounts are filed, the company may then close. Companies can also be made 'dormant' on companies house ie, the company still exists but isnt 'trading'. Of course the takeover could still be ongoing, hence the company is still live and 'trading'. And as i mentioned above, was it ever confirmed that JV1 was directly connected to the takeover? JV1 is owned by Cantervale holding limited which is in turn owned by Cantervale limited which is owned by Stavely. Even if it is and the takeover is dead, JV1 might be able to be used for other purposes by Stavely. But the filing of a confirmation statement in and of itself doesnt mean anything and isnt enough to speculate on the progress/status of the takeover. Are you just ignoring the charge made against Cantervile holdings by MASH for the £150 million loan and the fact it’s still outstanding. If it was dead it wouldn’t still be outstanding. Sorry, if thats the case then yes, it would imply the takeover is not entirely dead. Link to post Share on other sites More sharing options...
nbthree3 Posted January 21, 2021 Share Posted January 21, 2021 Monday marks the 1 year anniversary of the WSJ article breaking this takeover. A year out in the public and it's still not done Laugh or you'd cry Link to post Share on other sites More sharing options...
SweMag Posted January 21, 2021 Share Posted January 21, 2021 I think it’s pretty obvious the takeover is still ongoing. Will it go through? Who knows. We will just have to wait and see. They buyers are confident, but they’ve been confident before. I’m hopeful, but I’m not expecting anything. Link to post Share on other sites More sharing options...
Alberto2005 Posted January 21, 2021 Share Posted January 21, 2021 I think it’s pretty obvious the takeover is still ongoing. Will it go through? Who knows. We will just have to wait and see. They buyers are confident, but they’ve been confident before. I’m hopeful, but I’m not expecting anything. No it's 100% done, no other outcome is possible. Don't you dare suggest there's even a 1% it isn't happening, there's no logic to think that. Link to post Share on other sites More sharing options...
Recommended Posts