How long does it take to put a club up for sale, get potential buyers through the door, receive offers, iron out the finer details, agree a price and then get EFL approval ffs.
I can only liken it to buying a house.......
Estimated Time For Normal Club Sale
Make the decision to sell............................................................Instant Prepare sales offer and supporting documentation.....................2 weeks Let it be publicly known that you want to sell.............................2 weeks Preliminary discussions with interested buyers...........................2 weeks Due diligence.............................................................................1 month Negotiation of exact terms.........................................................2 weeks Sort out any remaining financials................................................1 week Seek EFL permissions..................................................................1 week Exchange contracts.....................................................................1 week Finalise sale and bugger off.........................................................1 week
Repeat mantra 'The club is not for sale'.......................................2 years Think about it a bit......................................................................6 months Think about it a bit more.............................................................6 months Get your CEO to tell some lies about it.........................................(ongoing) Do something just to piss someone off........................................1 week Imagine you are a mathematical genius.......................................1 week Engage some top London lawyers................................................1 month Visit The Valley to check that everything's OK..............................20 minutes Celebrate your birthday with some boys from the Belgium 20......1 day Speak with some guy in Australia.................................................2 weeks Decide you like their anthem, because it's about waltzing............1 week Discover that their anthem is Advance Australia Fair....................2 weeks Refuse further contact as their anthem isn't about waltzing.........2 weeks Consult Napa about sale price - £70m (mmm nice).....................1 month Imagine all the duck tape you could buy for £70m.......................2 weeks Get anxious about rumours published about the sale...................1 week Embark on a disinformation programme to flush out the source...3 months Drive Miss Daisy to job interview in Owlerton................................2 days Get hopelessly lost on way home...................................................2 days Read your classic collection of 1970's Hergé comic books.............3 weeks Practice the foxtrot........................................................................4 days Talk to all interested buyers..........................................................1 month Think of a price double it and then add in some extras.................1 month Make a list of reasons not to sell...................................................1 week Sack the team manager.................................................................2 weeks See what happens with some new people in charge.......................2 months Play-offs! the ideal opportunity to get greedy. Double that price....3 weeks Tell everyone that it's on hold........................................................1 month Bugger, no promotion, put club on sale again................................1 week Imagine a scheme to cream-off 10% of all future chip sales...........1 week Watch the Mythbusters duck tape special on repeating loop...........4 days Fill in forms so that you can enter next year's Strictly.....................1 week Imagine your ideal dance partner - Rolanda Duchatelet..................1 week Have a little cry about how much you miss Daisy............................3 months Decide you can't be bothered selling the club.................................2 weeks Give it to some former business associate to do for you.................6 months
TOTAL..............................................................................................262 weeks (if at all)
So here we are, transfer window opens tomorrow, we have no CEO, no CFO, no Manager, 4 loan players have left, JJ has retired and still we wait for RD to sell!! We have no idea who is buying us really, we just hope that people seen at the last two games are. Well if they are then why are they not trying to get the deal done this week? What has happened to RM giving updates, just like he did when the club were hoping to attract supporters to turn up in Feb/March. I smell a large dollop of bullshit and raising of false hopes. I really hope I'm wrong, but I fear this summer break will be no different from the previous ones under RD, and come August we will once again be left wanting. I wonder if we've all be sold a dummy?
Keith Harris, once rumoured to be brokering our takeover, has joined the Everton board.
In 2016...
But he Harris was rumoured this year with the Aussies Murray, Murphy and Muir.
He’s a broker. He’s been linked with various groups.
Believe there will be more to report before the weekend, so let’s see what that is.
I know there will be more to report before the week is out.
Press Release Friday 18 May 2018
Reads:
The Club can officially report that season ticket sales have hit an all-time high and would advise fans to get theirs now or risk missing out. In other news our Chief Operating Officer, Tony Keohane, has confirmed a bulk purchase of vol au vents has been made reducing the unit costs by 5%, with the savings being use to purchase additional bags of McCains 'value' chips (33% potato by volume) enabling the portion sizes to increase to 15 for the coming season. Tony is quoted as saying "I believe this development to be my greatest achievement".
Finally, our esteemed leader and all round good egg, Roland Duchatelet, was delighted that the club secured yet another season in the top league (Ligue Premier) by avoiding a heavy defeat at the hands of reigning European Champions Shrewsbury Town at the weekend. Roland also rushed to quell fears that he intends to sell the club, confirming that he is in for the long run and will be targeting the Johnstone's Paint Trophy in season 2018/19.
So here we are, transfer window opens tomorrow, we have no CEO, no CFO, no Manager, 4 loan players have left, JJ has retired and still we wait for RD to sell!! We have no idea who is buying us really, we just hope that people seen at the last two games are. Well if they are then why are they not trying to get the deal done this week? What has happened to RM giving updates, just like he did when the club were hoping to attract supporters to turn up in Feb/March. I smell a large dollop of bullshit and raising of false hopes. I really hope I'm wrong, but I fear this summer break will be no different from the previous ones under RD, and come August we will once again be left wanting. I wonder if we've all be sold a dummy?
I have put information on another thread, but the transfer window is open
Don't panic, but it's already open!
EFL clubs have been able to sign players since May 7, when the window officially opened for domestic registrations.
If a club wants to register someone from abroad though, this will open on June 9, which is determined by FIFA.
So here we are, transfer window opens tomorrow, we have no CEO, no CFO, no Manager, 4 loan players have left, JJ has retired and still we wait for RD to sell!! We have no idea who is buying us really, we just hope that people seen at the last two games are. Well if they are then why are they not trying to get the deal done this week? What has happened to RM giving updates, just like he did when the club were hoping to attract supporters to turn up in Feb/March. I smell a large dollop of bullshit and raising of false hopes. I really hope I'm wrong, but I fear this summer break will be no different from the previous ones under RD, and come August we will once again be left wanting. I wonder if we've all be sold a dummy?
I have put information on another thread, but the transfer window is open
Don't panic, but it's already open!
EFL clubs have been able to sign players since May 7, when the window officially opened for domestic registrations.
If a club wants to register someone from abroad though, this will open on June 9, which is determined by FIFA.
So here we are, transfer window opens tomorrow, we have no CEO, no CFO, no Manager, 4 loan players have left, JJ has retired and still we wait for RD to sell!! We have no idea who is buying us really, we just hope that people seen at the last two games are. Well if they are then why are they not trying to get the deal done this week? What has happened to RM giving updates, just like he did when the club were hoping to attract supporters to turn up in Feb/March. I smell a large dollop of bullshit and raising of false hopes. I really hope I'm wrong, but I fear this summer break will be no different from the previous ones under RD, and come August we will once again be left wanting. I wonder if we've all be sold a dummy?
I have put information on another thread, but the transfer window is open
Don't panic, but it's already open!
EFL clubs have been able to sign players since May 7, when the window officially opened for domestic registrations.
If a club wants to register someone from abroad though, this will open on June 9, which is determined by FIFA.
How long does it take to put a club up for sale, get potential buyers through the door, receive offers, iron out the finer details, agree a price and then get EFL approval ffs.
I can only liken it to buying a house.......
Estimated Time For Normal Club Sale
Make the decision to sell............................................................Instant Prepare sales offer and supporting documentation.....................2 weeks Let it be publicly known that you want to sell.............................2 weeks Preliminary discussions with interested buyers...........................2 weeks Due diligence.............................................................................1 month Negotiation of exact terms.........................................................2 weeks Sort out any remaining financials................................................1 week Seek EFL permissions..................................................................1 week Exchange contracts.....................................................................1 week Finalise sale and bugger off.........................................................1 week
Repeat mantra 'The club is not for sale'.......................................2 years Think about it a bit......................................................................6 months Think about it a bit more.............................................................6 months Get your CEO to tell some lies about it.........................................(ongoing) Do something just to piss someone off........................................1 week Imagine you are a mathematical genius.......................................1 week Engage some top London lawyers................................................1 month Visit The Valley to check that everything's OK..............................20 minutes Celebrate your birthday with some boys from the Belgium 20......1 day Speak with some guy in Australia.................................................2 weeks Decide you like their anthem, because it's about waltzing............1 week Discover that their anthem is Advance Australia Fair....................2 weeks Refuse further contact as their anthem isn't about waltzing.........2 weeks Consult Napa about sale price - £70m (mmm nice).....................1 month Imagine all the duck tape you could buy for £70m.......................2 weeks Get anxious about rumours published about the sale...................1 week Embark on a disinformation programme to flush out the source...3 months Drive Miss Daisy to job interview in Owlerton................................2 days Get hopelessly lost on way home...................................................2 days Read your classic collection of 1970's Hergé comic books.............3 weeks Practice the foxtrot........................................................................4 days Talk to all interested buyers..........................................................1 month Think of a price double it and then add in some extras.................1 month Make a list of reasons not to sell...................................................1 week Sack the team manager.................................................................2 weeks See what happens with some new people in charge.......................2 months Play-offs! the ideal opportunity to get greedy. Double that price....3 weeks Tell everyone that it's on hold........................................................1 month Bugger, no promotion, put club on sale again................................1 week Imagine a scheme to cream-off 10% of all future chip sales...........1 week Watch the Mythbusters duck tape special on repeating loop...........4 days Fill in forms so that you can enter next year's Strictly.....................1 week Imagine your ideal dance partner - Rolanda Duchatelet..................1 week Have a little cry about how much you miss Daisy............................3 months Decide you can't be bothered selling the club.................................2 weeks Give it to some former business associate to do for you.................6 months
TOTAL..............................................................................................262 weeks (if at all)
I was told a couple of weeks ago the the aussies were highly ambitious, massively unrealistic and needed backers.
Subsequent tweets about hoping a proper backer turns up would seem to echo this sentiment
Well that would explain the current state of play, or should that be no play!! All I keep reading across all forums from ITK people is "its done" "next week" "later this week" or "waiting for EFL approval", or its held up due to past directors loans, or RM is the sticking point. This saga has been running over a year and nothing has happened re change of ownership, absolutely nothing! Buyers have come....and gone, some buyers still around but not enough funds, others waiting in the wings....maybe!! Well we need something to happen soon, but im get more disillusioned by the day! Yes im pissed off that once again we are not in the game and we need to get good experienced bodies in and not be scrapping around just before the season starts. Rant over!
The one thing I really don't get is that why the hell would you be at the games in the box and even go and buy a scarf in the shop if you haven't even got the money to buy the club. Surely you would know being in that box is going to start all the rumours off even going to supporters and asking what they want that's all to much if you wasn't very close to buying it !!
The one thing I really don't get is that why the hell would you be at the games in the box and even go and buy a scarf in the shop if you haven't even got the money to buy the club. Surely you would know being in that box is going to start all the rumours off even going to supporters and asking what they want that's all to much if you wasn't very close to buying it !!
To put pressure on Duchatelet by getting the fans in a frenzy. They've made an offer. It's not ideally what Duchatelet wants but looks like all he's going to get.
To put pressure on Duchatelet by getting the fans in a frenzy. They've made an offer. It's not ideally what Duchatelet wants but looks like all he's going to get.
What I mean is surely you wouldn't be buying club merchandise of it wasn't a done deal
To put pressure on Duchatelet by getting the fans in a frenzy. They've made an offer. It's not ideally what Duchatelet wants but looks like all he's going to get.
What I mean is surely you wouldn't be buying club merchandise of it wasn't a done deal
FFS !
Haven't you heard of the latest offer in the Superstore ?
To put pressure on Duchatelet by getting the fans in a frenzy. They've made an offer. It's not ideally what Duchatelet wants but looks like all he's going to get.
What I mean is surely you wouldn't be buying club merchandise of it wasn't a done deal
It's a ten quid scarf, hardy a major purchase for a multi-millionnaire.
The one phrase that has been said to me all the way through
“ The aussies don’t have the money “
That to me is why there’s a delay
Rumours they wanted to pay some now some later , Roland not happy as he wants collateral on balance. Also heard they preferred a Championship Club , thus the show up at play off time. Time will tell but Ibhave said before I dont believe they have the cash.
The one phrase that has been said to me all the way through
“ The aussies don’t have the money “
That to me is why there’s a delay
We've all heard that, in most cases because people have heard about or read this line from the Mail article when the Australians were first linked:
Australian Football Consortium Ltd (AFC) are currently attempting to raise the capital necessary to buy out the Belgian, who holds 100 per cent of the shares via his holding company Staprix NV.
The one phrase that has been said to me all the way through
“ The aussies don’t have the money “
That to me is why there’s a delay
Rumours they wanted to pay some now some later , Roland not happy as he wants collateral on balance. Also heard they preferred a Championship Club , thus the show up at play off time. Time will tell but Ibhave said before I dont believe they have the cash.
Why would you fly half way round the world to look at buying a football club if you haven't got any money doesn't make any sense !!
To put pressure on Duchatelet by getting the fans in a frenzy. They've made an offer. It's not ideally what Duchatelet wants but looks like all he's going to get.
What I mean is surely you wouldn't be buying club merchandise of it wasn't a done deal
FFS !
Haven't you heard of the latest offer in the Superstore ?
Rentascarfy !
To be fair, anyone can buy a scarf. If he'd bought flaggy there'd be more cause for optimism
The one phrase that has been said to me all the way through
“ The aussies don’t have the money “
That to me is why there’s a delay </blockquote
I am praying the delay is because the Aussie's haven't met his farcical, greedy price and that the old scrote has to take a huge financial hit equivalent in direct scale to the debt he has allowed to accumulate through his shoddy and absent mismanagement of the club. I wouldn't mind in that scenario if he ends up with a few cling-on extras just as long as they time-bound and more about face-saving than actually costing us real money in future and certainly that he won't have any controlling say in what happens to us in the future. The man is a germ and we need rid.
Comments
Believe there will be more to report before the weekend, so let’s see what that is.
Estimated Time For Normal Club Sale
Make the decision to sell............................................................Instant
Prepare sales offer and supporting documentation.....................2 weeks
Let it be publicly known that you want to sell.............................2 weeks
Preliminary discussions with interested buyers...........................2 weeks
Due diligence.............................................................................1 month
Negotiation of exact terms.........................................................2 weeks
Sort out any remaining financials................................................1 week
Seek EFL permissions..................................................................1 week
Exchange contracts.....................................................................1 week
Finalise sale and bugger off.........................................................1 week
TOTAL.........................................................................................16 weeks
Estimated Time For Duchatelet Club Sale
Repeat mantra 'The club is not for sale'.......................................2 years
Think about it a bit......................................................................6 months
Think about it a bit more.............................................................6 months
Get your CEO to tell some lies about it.........................................(ongoing)
Do something just to piss someone off........................................1 week
Imagine you are a mathematical genius.......................................1 week
Engage some top London lawyers................................................1 month
Visit The Valley to check that everything's OK..............................20 minutes
Celebrate your birthday with some boys from the Belgium 20......1 day
Speak with some guy in Australia.................................................2 weeks
Decide you like their anthem, because it's about waltzing............1 week
Discover that their anthem is Advance Australia Fair....................2 weeks
Refuse further contact as their anthem isn't about waltzing.........2 weeks
Consult Napa about sale price - £70m (mmm nice).....................1 month
Imagine all the duck tape you could buy for £70m.......................2 weeks
Get anxious about rumours published about the sale...................1 week
Embark on a disinformation programme to flush out the source...3 months
Drive Miss Daisy to job interview in Owlerton................................2 days
Get hopelessly lost on way home...................................................2 days
Read your classic collection of 1970's Hergé comic books.............3 weeks
Practice the foxtrot........................................................................4 days
Talk to all interested buyers..........................................................1 month
Think of a price double it and then add in some extras.................1 month
Make a list of reasons not to sell...................................................1 week
Sack the team manager.................................................................2 weeks
See what happens with some new people in charge.......................2 months
Play-offs! the ideal opportunity to get greedy. Double that price....3 weeks
Tell everyone that it's on hold........................................................1 month
Bugger, no promotion, put club on sale again................................1 week
Imagine a scheme to cream-off 10% of all future chip sales...........1 week
Watch the Mythbusters duck tape special on repeating loop...........4 days
Fill in forms so that you can enter next year's Strictly.....................1 week
Imagine your ideal dance partner - Rolanda Duchatelet..................1 week
Have a little cry about how much you miss Daisy............................3 months
Decide you can't be bothered selling the club.................................2 weeks
Give it to some former business associate to do for you.................6 months
TOTAL..............................................................................................262 weeks (if at all)
I am here but there’s no need to calm down as what will be will be
I heard it was close and I was told by someone else it was done and signed on Monday (but I think that text done the rounds to numerous people )
My own take on this charade is that it’s all too zabeel for me and I don’t like it one bit
Taking far too long for my liking for something that’s done and dusted or just down to FL approval
If it looks like bullshit smells like bullshit it’s bullshit
And this whole thing has been a load of bullshit from start to finish
Press Release
Friday 18 May 2018
Reads:
The Club can officially report that season ticket sales have hit an all-time high and would advise fans to get theirs now or risk missing out. In other news our Chief Operating Officer, Tony Keohane, has confirmed a bulk purchase of vol au vents has been made reducing the unit costs by 5%, with the savings being use to purchase additional bags of McCains 'value' chips (33% potato by volume) enabling the portion sizes to increase to 15 for the coming season. Tony is quoted as saying "I believe this development to be my greatest achievement".
Finally, our esteemed leader and all round good egg, Roland Duchatelet, was delighted that the club secured yet another season in the top league (Ligue Premier) by avoiding a heavy defeat at the hands of reigning European Champions Shrewsbury Town at the weekend. Roland also rushed to quell fears that he intends to sell the club, confirming that he is in for the long run and will be targeting the Johnstone's Paint Trophy in season 2018/19.
Ends.
“ The aussies don’t have the money “
That to me is why there’s a delay
Don't panic, but it's already open!
EFL clubs have been able to sign players since May 7, when the window officially opened for domestic registrations.
If a club wants to register someone from abroad though, this will open on June 9, which is determined by FIFA.
http://c.newsnow.co.uk/A/938093413?-11197:833
Subsequent tweets about hoping a proper backer turns up would seem to echo this sentiment
Says it all when NLA decides to hide his big balls under a bushel.....
They've made an offer. It's not ideally what Duchatelet wants but looks like all he's going to get.
They've made an offer. It's not ideally what Duchatelet wants but looks like all he's going to get.
What I mean is surely you wouldn't be buying club merchandise of it wasn't a done deal
FFS !
Haven't you heard of the latest offer in the Superstore ?
Rentascarfy !
It's a ten quid scarf, hardy a major purchase for a multi-millionnaire.
WIOTOS
Also heard they preferred a Championship Club , thus the show up at play off time.
Time will tell but Ibhave said before I dont believe they have the cash.
We've also heard Kewell was being appointed yet Powell is their first choice.
Haven't you heard of the latest offer in the Superstore ?
Rentascarfy !
To be fair, anyone can buy a scarf. If he'd bought flaggy there'd be more cause for optimism