Here is the trust's report on the takeover discussion at the fan's forum. It's a more informative read than the OS. I still think the most likely delay is that the Aussies haven't got the funds, albeit that the agreed price, is no doubt too high.
If the Aussie consortium had the cash months ago and had agreed the price (both parties said they had agreed). Why hasn't the sale been completed and why are the Aussies no longer the Aussies, but are Aussies plus others ? https://www.castrust.org/2018/10/takeover-update-2/
My guess is the Aussies and Roland agreed a price. It was gonna go through around play offs time or sooner (done deal), then some of their investors pulled out, perhaps due to lack of promotion prospects due to post Xmas slump and then through the play offs failure?
The Aussies don't want to walk away, as they have already spent loads on their bid. The line about "efl documents" could therefore be a way of buying the Aussies time to get new investors in - it seems sufficiently vague.
If Bowyer and Jackson can maintain a promotion push then I predict it may go through with the Aussies at the end of the season, unless Roland changes his mind and wants another stab at the championship or another buyer comes in (both of which seem unlikely).
All conjecture and probably been said already in here, but that's my guess.
I just hope Roland sees the merit in strengthening the defence in January, as he has most other areas looking strong on the footballing side in my opinion.
My guess is the Aussies and Roland agreed a price. It was gonna go through around play offs time or sooner (done deal), then some of their investors pulled out, perhaps due to lack of promotion prospects due to post Xmas slump and then through the play offs failure?
The Aussies don't want to walk away, as they have already spent loads on their bid. The line about "efl documents" could therefore be a way of buying the Aussies time to get new investors in - it seems sufficiently vague.
If Bowyer and Jackson can maintain a promotion push then I predict it may go through with the Aussies at the end of the season, unless Roland changes his mind and wants another stab at the championship or another buyer comes in (both of which seem unlikely).
All conjecture and probably been said already in here, but that's my guess.
I just hope Roland sees the merit in strengthening the defence in January, as he has most other areas looking strong on the footballing side in my opinion.
but let's also hope nobody comes in for our players
The famous five go to the valley to buy an infamous old football team but they shout lower, lower, but the old shit weasel shouts higher higher. Impasse number 1314.
Here is the trust's report on the takeover discussion at the fan's forum. It's a more informative read than the OS. I still think the most likely delay is that the Aussies haven't got the funds, albeit that the agreed price, is no doubt too high.
If the Aussie consortium had the cash months ago and had agreed the price (both parties said they had agreed). Why hasn't the sale been completed and why are the Aussies no longer the Aussies, but are Aussies plus others ? https://www.castrust.org/2018/10/takeover-update-2/
I thought we more or less knew the answer to that at the time that papers were first submitted to the EFL.
I can't remember who, but a poster on here said that a contact within the EFL had told them that there was a problem with one or two of the 'Aussies' investors having interests in other clubs?
That in itself is obviously worrying as you would expect a group of business people with professional advisers to have been fully familiar with the EFL's regulations and made sure that they met before submitting the takeover for approval - but it does fit with what we've been told since about the Aussies needing to submit some 'additional documents' to the EFL and also why the 'consortium' may now be the 'Aussies plus others'.
Here is the trust's report on the takeover discussion at the fan's forum. It's a more informative read than the OS. I still think the most likely delay is that the Aussies haven't got the funds, albeit that the agreed price, is no doubt too high.
If the Aussie consortium had the cash months ago and had agreed the price (both parties said they had agreed). Why hasn't the sale been completed and why are the Aussies no longer the Aussies, but are Aussies plus others ? https://www.castrust.org/2018/10/takeover-update-2/
I thought we more or less knew the answer to that at the time that papers were first submitted to the EFL.
I can't remember who, but a poster on here said that a contact within the EFL had told them that there was a problem with one or two of the 'Aussies' investors having interests in other clubs?
That in itself is obviously worrying as you would expect a group of business people with professional advisers to have been fully familiar with the EFL's regulations and made sure that they met before submitting the takeover for approval - but it does fit with what we've been told since about the Aussies needing to submit some 'additional documents' to the EFL and also why the 'consortium' may now be the 'Aussies plus others'.
Here is the trust's report on the takeover discussion at the fan's forum. It's a more informative read than the OS. I still think the most likely delay is that the Aussies haven't got the funds, albeit that the agreed price, is no doubt too high.
If the Aussie consortium had the cash months ago and had agreed the price (both parties said they had agreed). Why hasn't the sale been completed and why are the Aussies no longer the Aussies, but are Aussies plus others ? https://www.castrust.org/2018/10/takeover-update-2/
I thought we more or less knew the answer to that at the time that papers were first submitted to the EFL.
I can't remember who, but a poster on here said that a contact within the EFL had told them that there was a problem with one or two of the 'Aussies' investors having interests in other clubs?
That in itself is obviously worrying as you would expect a group of business people with professional advisers to have been fully familiar with the EFL's regulations and made sure that they met before submitting the takeover for approval - but it does fit with what we've been told since about the Aussies needing to submit some 'additional documents' to the EFL and also why the 'consortium' may now be the 'Aussies plus others'.
I don’t believe that to have been the case. My understanding is that the investor/s withdrew because the price didn’t stack up.
Here is the trust's report on the takeover discussion at the fan's forum. It's a more informative read than the OS. I still think the most likely delay is that the Aussies haven't got the funds, albeit that the agreed price, is no doubt too high.
If the Aussie consortium had the cash months ago and had agreed the price (both parties said they had agreed). Why hasn't the sale been completed and why are the Aussies no longer the Aussies, but are Aussies plus others ? https://www.castrust.org/2018/10/takeover-update-2/
I thought we more or less knew the answer to that at the time that papers were first submitted to the EFL.
I can't remember who, but a poster on here said that a contact within the EFL had told them that there was a problem with one or two of the 'Aussies' investors having interests in other clubs?
That in itself is obviously worrying as you would expect a group of business people with professional advisers to have been fully familiar with the EFL's regulations and made sure that they met before submitting the takeover for approval - but it does fit with what we've been told since about the Aussies needing to submit some 'additional documents' to the EFL and also why the 'consortium' may now be the 'Aussies plus others'.
I don’t believe that to have been the case. My understanding is that the investor/s withdrew because the price didn’t stack up.
That would also fit with the Aussies needing to submit some 'additional documents' to the EFL, and also with the suggestion that the 'Aussies' may have been trying to renegotiate the price?
But if, as De Turck claims, the 'consortium' is now the 'Aussies plus others', that suggests that they've found some replacement investors, with the possibility that they may be prepared to meet whatever the originally 'agreed' price was (which must have been 'agreed' at some point otherwise surely the takeover wouldn't have been submitted to the EFL for approval).
Here is the trust's report on the takeover discussion at the fan's forum. It's a more informative read than the OS. I still think the most likely delay is that the Aussies haven't got the funds, albeit that the agreed price, is no doubt too high.
If the Aussie consortium had the cash months ago and had agreed the price (both parties said they had agreed). Why hasn't the sale been completed and why are the Aussies no longer the Aussies, but are Aussies plus others ? https://www.castrust.org/2018/10/takeover-update-2/
I thought we more or less knew the answer to that at the time that papers were first submitted to the EFL.
I can't remember who, but a poster on here said that a contact within the EFL had told them that there was a problem with one or two of the 'Aussies' investors having interests in other clubs?
That in itself is obviously worrying as you would expect a group of business people with professional advisers to have been fully familiar with the EFL's regulations and made sure that they met before submitting the takeover for approval - but it does fit with what we've been told since about the Aussies needing to submit some 'additional documents' to the EFL and also why the 'consortium' may now be the 'Aussies plus others'.
Earlier this season I heard an interview with, I believe, the Eastleigh CEO (?) about their former owner who purchased Sunderland. The EFL were unhappy because, although he had sold the club completely, in order to prevent a difficult financial situation for Eastleigh, he wanted to remain responsible for paying the contracts of recently purchased players. This wasn't a third party ownership issue and he wanted no control over the players or club but the EFL would not allow it.
Maybe 'ownership' is a little more complicated than we imagine.
Here is the trust's report on the takeover discussion at the fan's forum. It's a more informative read than the OS. I still think the most likely delay is that the Aussies haven't got the funds, albeit that the agreed price, is no doubt too high.
If the Aussie consortium had the cash months ago and had agreed the price (both parties said they had agreed). Why hasn't the sale been completed and why are the Aussies no longer the Aussies, but are Aussies plus others ? https://www.castrust.org/2018/10/takeover-update-2/
I thought we more or less knew the answer to that at the time that papers were first submitted to the EFL.
I can't remember who, but a poster on here said that a contact within the EFL had told them that there was a problem with one or two of the 'Aussies' investors having interests in other clubs?
That in itself is obviously worrying as you would expect a group of business people with professional advisers to have been fully familiar with the EFL's regulations and made sure that they met before submitting the takeover for approval - but it does fit with what we've been told since about the Aussies needing to submit some 'additional documents' to the EFL and also why the 'consortium' may now be the 'Aussies plus others'.
I don’t believe that to have been the case. My understanding is that the investor/s withdrew because the price didn’t stack up.
are you saying Airman that the aussies have withdrawn there offer as far as you know ?
Here is the trust's report on the takeover discussion at the fan's forum. It's a more informative read than the OS. I still think the most likely delay is that the Aussies haven't got the funds, albeit that the agreed price, is no doubt too high.
If the Aussie consortium had the cash months ago and had agreed the price (both parties said they had agreed). Why hasn't the sale been completed and why are the Aussies no longer the Aussies, but are Aussies plus others ? https://www.castrust.org/2018/10/takeover-update-2/
I thought we more or less knew the answer to that at the time that papers were first submitted to the EFL.
I can't remember who, but a poster on here said that a contact within the EFL had told them that there was a problem with one or two of the 'Aussies' investors having interests in other clubs?
That in itself is obviously worrying as you would expect a group of business people with professional advisers to have been fully familiar with the EFL's regulations and made sure that they met before submitting the takeover for approval - but it does fit with what we've been told since about the Aussies needing to submit some 'additional documents' to the EFL and also why the 'consortium' may now be the 'Aussies plus others'.
I don’t believe that to have been the case. My understanding is that the investor/s withdrew because the price didn’t stack up.
are you saying Airman that the aussies have withdrawn there offer as far as you know ?
Here is the trust's report on the takeover discussion at the fan's forum. It's a more informative read than the OS. I still think the most likely delay is that the Aussies haven't got the funds, albeit that the agreed price, is no doubt too high.
If the Aussie consortium had the cash months ago and had agreed the price (both parties said they had agreed). Why hasn't the sale been completed and why are the Aussies no longer the Aussies, but are Aussies plus others ? https://www.castrust.org/2018/10/takeover-update-2/
I thought we more or less knew the answer to that at the time that papers were first submitted to the EFL.
I can't remember who, but a poster on here said that a contact within the EFL had told them that there was a problem with one or two of the 'Aussies' investors having interests in other clubs?
That in itself is obviously worrying as you would expect a group of business people with professional advisers to have been fully familiar with the EFL's regulations and made sure that they met before submitting the takeover for approval - but it does fit with what we've been told since about the Aussies needing to submit some 'additional documents' to the EFL and also why the 'consortium' may now be the 'Aussies plus others'.
I don’t believe that to have been the case. My understanding is that the investor/s withdrew because the price didn’t stack up.
are you saying Airman that the aussies have withdrawn there offer as far as you know ?
Here is the trust's report on the takeover discussion at the fan's forum. It's a more informative read than the OS. I still think the most likely delay is that the Aussies haven't got the funds, albeit that the agreed price, is no doubt too high.
If the Aussie consortium had the cash months ago and had agreed the price (both parties said they had agreed). Why hasn't the sale been completed and why are the Aussies no longer the Aussies, but are Aussies plus others ? https://www.castrust.org/2018/10/takeover-update-2/
I thought we more or less knew the answer to that at the time that papers were first submitted to the EFL.
I can't remember who, but a poster on here said that a contact within the EFL had told them that there was a problem with one or two of the 'Aussies' investors having interests in other clubs?
That in itself is obviously worrying as you would expect a group of business people with professional advisers to have been fully familiar with the EFL's regulations and made sure that they met before submitting the takeover for approval - but it does fit with what we've been told since about the Aussies needing to submit some 'additional documents' to the EFL and also why the 'consortium' may now be the 'Aussies plus others'.
I don’t believe that to have been the case. My understanding is that the investor/s withdrew because the price didn’t stack up.
are you saying Airman that the aussies have withdrawn there offer as far as you know ?
I’m saying that an individual or individuals were unwilling to proceed, rather than being disqualified, so the assumption is they needed to be replaced within the consortium.
Here is the trust's report on the takeover discussion at the fan's forum. It's a more informative read than the OS. I still think the most likely delay is that the Aussies haven't got the funds, albeit that the agreed price, is no doubt too high.
If the Aussie consortium had the cash months ago and had agreed the price (both parties said they had agreed). Why hasn't the sale been completed and why are the Aussies no longer the Aussies, but are Aussies plus others ? https://www.castrust.org/2018/10/takeover-update-2/
I thought we more or less knew the answer to that at the time that papers were first submitted to the EFL.
I can't remember who, but a poster on here said that a contact within the EFL had told them that there was a problem with one or two of the 'Aussies' investors having interests in other clubs?
That in itself is obviously worrying as you would expect a group of business people with professional advisers to have been fully familiar with the EFL's regulations and made sure that they met before submitting the takeover for approval - but it does fit with what we've been told since about the Aussies needing to submit some 'additional documents' to the EFL and also why the 'consortium' may now be the 'Aussies plus others'.
I don’t believe that to have been the case. My understanding is that the investor/s withdrew because the price didn’t stack up.
are you saying Airman that the aussies have withdrawn there offer as far as you know ?
I’m saying that an individual or individuals were unwilling to proceed, rather than being disqualified, so the assumption is they needed to be replaced within the consortium.
Or some may say the consortium ain’t got the money
Here is the trust's report on the takeover discussion at the fan's forum. It's a more informative read than the OS. I still think the most likely delay is that the Aussies haven't got the funds, albeit that the agreed price, is no doubt too high.
If the Aussie consortium had the cash months ago and had agreed the price (both parties said they had agreed). Why hasn't the sale been completed and why are the Aussies no longer the Aussies, but are Aussies plus others ? https://www.castrust.org/2018/10/takeover-update-2/
I thought we more or less knew the answer to that at the time that papers were first submitted to the EFL.
I can't remember who, but a poster on here said that a contact within the EFL had told them that there was a problem with one or two of the 'Aussies' investors having interests in other clubs?
That in itself is obviously worrying as you would expect a group of business people with professional advisers to have been fully familiar with the EFL's regulations and made sure that they met before submitting the takeover for approval - but it does fit with what we've been told since about the Aussies needing to submit some 'additional documents' to the EFL and also why the 'consortium' may now be the 'Aussies plus others'.
I don’t believe that to have been the case. My understanding is that the investor/s withdrew because the price didn’t stack up.
are you saying Airman that the aussies have withdrawn there offer as far as you know ?
I’m saying that an individual or individuals were unwilling to proceed, rather than being disqualified, so the assumption is they needed to be replaced within the consortium.
Or some may say the consortium ain’t got the money
Same thing I spose
I will go back and duck for cover
Unwilling to proceed - wouldn’t pay the unrealistic asking price.
So if those members have been replaced maybe they have the money again.
The group could either be negotiating the price or are waiting RD to lower it.
I think there’s more to it than just having or not having the money.
Here is the trust's report on the takeover discussion at the fan's forum. It's a more informative read than the OS. I still think the most likely delay is that the Aussies haven't got the funds, albeit that the agreed price, is no doubt too high.
If the Aussie consortium had the cash months ago and had agreed the price (both parties said they had agreed). Why hasn't the sale been completed and why are the Aussies no longer the Aussies, but are Aussies plus others ? https://www.castrust.org/2018/10/takeover-update-2/
I thought we more or less knew the answer to that at the time that papers were first submitted to the EFL.
I can't remember who, but a poster on here said that a contact within the EFL had told them that there was a problem with one or two of the 'Aussies' investors having interests in other clubs?
That in itself is obviously worrying as you would expect a group of business people with professional advisers to have been fully familiar with the EFL's regulations and made sure that they met before submitting the takeover for approval - but it does fit with what we've been told since about the Aussies needing to submit some 'additional documents' to the EFL and also why the 'consortium' may now be the 'Aussies plus others'.
I don’t believe that to have been the case. My understanding is that the investor/s withdrew because the price didn’t stack up.
are you saying Airman that the aussies have withdrawn there offer as far as you know ?
I’m saying that an individual or individuals were unwilling to proceed, rather than being disqualified, so the assumption is they needed to be replaced within the consortium.
Or some may say the consortium ain’t got the money
Same thing I spose
I will go back and duck for cover
The whole consortium thing has always been a mystery, especially as it now apparently contains non Aussies which somewhat dilutes that whole "Aussie club in England" idea
Here is the trust's report on the takeover discussion at the fan's forum. It's a more informative read than the OS. I still think the most likely delay is that the Aussies haven't got the funds, albeit that the agreed price, is no doubt too high.
If the Aussie consortium had the cash months ago and had agreed the price (both parties said they had agreed). Why hasn't the sale been completed and why are the Aussies no longer the Aussies, but are Aussies plus others ? https://www.castrust.org/2018/10/takeover-update-2/
I thought we more or less knew the answer to that at the time that papers were first submitted to the EFL.
I can't remember who, but a poster on here said that a contact within the EFL had told them that there was a problem with one or two of the 'Aussies' investors having interests in other clubs?
That in itself is obviously worrying as you would expect a group of business people with professional advisers to have been fully familiar with the EFL's regulations and made sure that they met before submitting the takeover for approval - but it does fit with what we've been told since about the Aussies needing to submit some 'additional documents' to the EFL and also why the 'consortium' may now be the 'Aussies plus others'.
I don’t believe that to have been the case. My understanding is that the investor/s withdrew because the price didn’t stack up.
are you saying Airman that the aussies have withdrawn there offer as far as you know ?
I’m saying that an individual or individuals were unwilling to proceed, rather than being disqualified, so the assumption is they needed to be replaced within the consortium.
Or some may say the consortium ain’t got the money
Same thing I spose
I will go back and duck for cover
Unwilling to proceed - wouldn’t pay the unrealistic asking price.
So if those members have been replaced maybe they have the money again.
The group could either be negotiating the price or are waiting RD to lower it.
I think there’s more to it than just having or not having the money.
If "having the money" is roughly the equivalent to "have consortium members who are individually and collectively wealthy enough to buy the club outright", then they clearly, and obviously "have the money".
Here is the trust's report on the takeover discussion at the fan's forum. It's a more informative read than the OS. I still think the most likely delay is that the Aussies haven't got the funds, albeit that the agreed price, is no doubt too high.
If the Aussie consortium had the cash months ago and had agreed the price (both parties said they had agreed). Why hasn't the sale been completed and why are the Aussies no longer the Aussies, but are Aussies plus others ? https://www.castrust.org/2018/10/takeover-update-2/
I thought we more or less knew the answer to that at the time that papers were first submitted to the EFL.
I can't remember who, but a poster on here said that a contact within the EFL had told them that there was a problem with one or two of the 'Aussies' investors having interests in other clubs?
That in itself is obviously worrying as you would expect a group of business people with professional advisers to have been fully familiar with the EFL's regulations and made sure that they met before submitting the takeover for approval - but it does fit with what we've been told since about the Aussies needing to submit some 'additional documents' to the EFL and also why the 'consortium' may now be the 'Aussies plus others'.
I don’t believe that to have been the case. My understanding is that the investor/s withdrew because the price didn’t stack up.
are you saying Airman that the aussies have withdrawn there offer as far as you know ?
I’m saying that an individual or individuals were unwilling to proceed, rather than being disqualified, so the assumption is they needed to be replaced within the consortium.
At what stage in the process do you understand that an individual or individuals were unwilling to proceed because the price didn’t stack up, and so pulled out of the consortium?
As mentioned above, a price must have been 'agreed' within the consortium and with Duchatelet at some point - otherwise surely the takeover wouldn't have been submitted to the EFL for approval in June?
The Club claimed in their July 12th statement:
"Around one month ago, the first document was lodged with the EFL but not all required documents have yet been submitted to the EFL. There are one or two still outstanding. There has been no need for anything to be resubmitted....
"The documents have to be lodged by someone at the club or with the club copied in. The Australians have been sending their documents to the EFL with LDT copied in".
Comments
This is taking so long it's become a joke/tragedy. Not sure which, maybe both.
It's a more informative read than the OS.
I still think the most likely delay is that the Aussies haven't got the funds, albeit that the agreed price, is no doubt too high.
If the Aussie consortium had the cash months ago and had agreed the price (both parties said they had agreed).
Why hasn't the sale been completed and why are the Aussies no longer the Aussies, but are Aussies plus others ?
https://www.castrust.org/2018/10/takeover-update-2/
The Aussies don't want to walk away, as they have already spent loads on their bid. The line about "efl documents" could therefore be a way of buying the Aussies time to get new investors in - it seems sufficiently vague.
If Bowyer and Jackson can maintain a promotion push then I predict it may go through with the Aussies at the end of the season, unless Roland changes his mind and wants another stab at the championship or another buyer comes in (both of which seem unlikely).
All conjecture and probably been said already in here, but that's my guess.
I just hope Roland sees the merit in strengthening the defence in January, as he has most other areas looking strong on the footballing side in my opinion.
He's got some cheek!!
Impasse number 1314.
I can't remember who, but a poster on here said that a contact within the EFL had told them that there was a problem with one or two of the 'Aussies' investors having interests in other clubs?
That in itself is obviously worrying as you would expect a group of business people with professional advisers to have been fully familiar with the EFL's regulations and made sure that they met before submitting the takeover for approval - but it does fit with what we've been told since about the Aussies needing to submit some 'additional documents' to the EFL and also why the 'consortium' may now be the 'Aussies plus others'.
But if, as De Turck claims, the 'consortium' is now the 'Aussies plus others', that suggests that they've found some replacement investors, with the possibility that they may be prepared to meet whatever the originally 'agreed' price was (which must have been 'agreed' at some point otherwise surely the takeover wouldn't have been submitted to the EFL for approval).
Maybe 'ownership' is a little more complicated than we imagine.
Same thing I spose
I will go back and duck for cover
So if those members have been replaced maybe they have the money again.
The group could either be negotiating the price or are waiting RD to lower it.
I think there’s more to it than just having or not having the money.
As mentioned above, a price must have been 'agreed' within the consortium and with Duchatelet at some point - otherwise surely the takeover wouldn't have been submitted to the EFL for approval in June?
The Club claimed in their July 12th statement:
"Around one month ago, the first document was lodged with the EFL but not all required documents have yet been submitted to the EFL. There are one or two still outstanding. There has been no need for anything to be resubmitted....
"The documents have to be lodged by someone at the club or with the club copied in. The Australians have been sending their documents to the EFL with LDT copied in".