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


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White BMW with Kuwait plates spotted on barrack road this afternoon.

Not quite as much fun as watching Flightradar24 tbh

 

That's a canny drive that, with all their money and transport options you would have thought they would just take a plane from Saudi, going to Kuwait to buy a car to drive here shows dedication though.

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"Don't blame the PL blame Saudi Piracy" is the gist of that article..

 

If the PL rejected the takeover citing piracy that point would hold more water.  As it is they didn't, they made other excuses to delay for eternity until the buyers gave up.  They've acted horrendously and deserve blame, as do others of course.

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Any reason behind his excitement?

He's hinted that arbitration is either ongoing right now or imminent (that word again) and that the panel might not be as unfavourable in its makeup as we feared it might.

The Big 6 will be sorting out the brown envelopes as we speak.

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I hope the last line of that Shields article is true; i.e. that Ashley's had a bunch of offers from completely separate entities but he's knocked them back. Hopefully we get some resolution on the Saudi deal asap so we can move on one way or another. Really believe that the door is pretty well open to a change in ownership regardless of what happens with this.

 

He must be pretty confident of selling to the Saudis if he has knocked back other offers because at the end of the day, 350 million is 350 million, it doesn't matter who it's from.

That doesn't necessarily mean the other offers are £350m.  They might just be £250m from chancers who think Ashley must be desperate to sell because of the legal action he has taken.

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Any reason behind his excitement?

 

He's hinted that arbitration is either ongoing right now or imminent (that word again) and that the panel might not be as unfavourable in its makeup as we feared it might.

 

Can't allow myself to get my hope's up again.

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