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Takeover Thread - July 1st statement, Staveley letter to Tracey Crouch (and response) in OP


Yorkie

Will the takeover be complete by this summer?  

312 members have voted

  1. 1. Will the takeover be complete by this summer?

    • Yes
      87
    • No
      183


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If the talk of a timescale for completion is true, I now worry about this deal. To let the PL have wind that there’s any kind of timescale would seem self defeatist, and once again play into their hands.

 

The PL must be convinced this is heading to the law courts, otherwise I don’t see them changing tact. They’ll be doing everything they can behind the scenes to ensure the PL is kept together, and unfortunately upsetting some of the big 6 by granting our takeover won’t be high on their agenda.

 

Would the PL be convinced Ashley would continue with legal action if the consortium walk away, I’m certainly not convinced Ashley would take this all the way to high court and the costs associated with that if PIF have walked away.

 

Still hopeful but far from convinced this gets done.

 

Another way to look at it is its a signal that they aren't willing to keep talking for months with no resolution.  If they believe the PL are just trying to waste time again then serious legal proceedings will start.  At that point the PL lose ultimate control over the timescale and also risk financial loss and also loss of face if some of the s**** they've been pulling is exposed in court.

 

Also I think Ashlety is exactly the kind of person who would take this as far as he can even without the current buyers.  He's offended easily and holds grudges, I'm sure he's never been told he cant sell something he owns before and he's f***ing furious about it.

 

Yep as above. Lawyers don't just get told "wait a bit". They're getting paid a lot of money to get this sorted and they will know exactly what they're doing.

 

Personally I think this is all on the lawyers of the PL. If they say we can give them a realistic fight in court and have a good enough chance of winning, the PL will happily take that route.

 

However if the lawyers advise the PL to look at out of court settlement then they're basically saying you're f***ed. I don't think the PL lawyers would be happily sitting around doing nothing.

 

The legal team of the buyers clearly see a strong case if the info is true and that means the PL need to get the ball rolling as if they don't it will be a very costly mistake.

 

I do agree the PL lawyers are key to this and De Marco’s record with out of court settlements is apparently high, I believe Mark Douglas quoted something like 90%.

 

The hope has got to be that by January some tangible progress has been made, even if it is a formal rejection. Then at least the consortium can see a route to appeal.

 

Ultimately aswell it all comes back to the fact why haven’t they rejected it, if they were that confident of their decision it would have been rejected on insufficient information supplied.

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Mimms[/member] are you confident it'll get done in time? If the PL are going to try and drag it out surely there is something we can do to stop that?

 

From what I’ve been told (and previously said), if this goes to court, the buying side doesn’t lose in a month of Sunday’s. It simply comes down to the timeframe.

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Bit of an update (not much from last time) but the lawyers hired by Ashley now are convinced that if this goes to court there is no way they will lose this case, enough evidence to wipe the floor with the PL.

 

The only thing that stops this now is time.

 

Bruce will also be gone if/when the takeover goes through. They don’t like his football at all and they realise that he’s not good enough. IF this gets done in the timeframe they want then there will be as much spending as possible on players regardless of the position of the club in the January window.

 

For now they have set their sights on competing with Leicester/Everton/Wolves, basically 5th-9th.

 

If you're wrong the whole forum will be saying this to you.

 

 

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Mimms[/member] are you confident it'll get done in time? If the PL are going to try and drag it out surely there is something we can do to stop that?

 

From what I’ve been told (and previously said), if this goes to court, the buying side doesn’t lose in a month of Sunday’s. It simply comes down to the timeframe.

 

That's what I'm asking though, how much confidence is there that it will get done in the timeframe? If the buyers are going to walk away after a set amount of time whats to stop the PL dragging their heels until then?

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Or to get my wooden spoon out and stir the pot a little.......what if fat lad wants to drag it out. He's got his 17mill, it goes to court and he wins a load of damages etc and keeps the club as the other bidders have done off.

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Mimms[/member] are you confident it'll get done in time? If the PL are going to try and drag it out surely there is something we can do to stop that?

 

From what I’ve been told (and previously said), if this goes to court, the buying side doesn’t lose in a month of Sunday’s. It simply comes down to the timeframe.

 

You do realise these people have been claiming all sorts for more than 3 years now, none of which has come to pass. So forgive me for not believing this.

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