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STFC_Gazzza
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« on: Tuesday, July 3, 2007, 10:06:54 » |
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sonic youth
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« Reply #1 on: Tuesday, July 3, 2007, 10:08:59 » |
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oh dear. that doesn't bode well...
"the Wills family and Mike Diamandis have managed to attract significant investment to form a New Consortium"
so nothing's going to change, is it?
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glos_robin
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« Reply #2 on: Tuesday, July 3, 2007, 10:09:53 » |
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Hmmmm does it get rid of Diamandis though, I'll await names before getting too excited
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STFC_Gazzza
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« Reply #3 on: Tuesday, July 3, 2007, 10:11:13 » |
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SOME people are never happy...
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Barry Scott
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« Reply #4 on: Tuesday, July 3, 2007, 10:12:48 » |
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It does say the board will change though. I think it seems very positive, and i'm trying not to read between the lines.
The fact that it mentions MD and Wills Family does not imply they are part of the new board. It's just, as usual, a rather ambiguous statement.
I have a smile on my face, that's all the matters currently.
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sonic youth
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« Reply #5 on: Tuesday, July 3, 2007, 10:13:36 » |
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what's there to be happy about? there is notihng material and it suggests this new consortium will be headed up by the same people, so it's hardly something worth getting excited about.
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Samdy Gray
Dirty sneaky traitor weasel
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« Reply #6 on: Tuesday, July 3, 2007, 10:16:43 » |
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8 weeks until due dilligence?!?!
If they were that serious they'd be in there tomorrow.
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wokinghamred
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Posts: 609
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« Reply #7 on: Tuesday, July 3, 2007, 10:18:22 » |
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It does say that the consortium will 'commence due diligence'.
That implies it is new outside investment, becasue if it was just the current lot it would not be necessary.
But equally it means they have not started looking at the books yet. So once they have, it could fall apart in no time.
It will be a tense 8 weeks!!
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STFC_Gazzza
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« Reply #8 on: Tuesday, July 3, 2007, 10:18:28 » |
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I guess people want proof, names etc... I guess it is another 8 weeks to people to find a new investor....
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Iffy's Onion Bhaji
petulant
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« Reply #9 on: Tuesday, July 3, 2007, 10:19:18 » |
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well im open minded for a while now. lets wait and see what changes are made and who is behind the investment before we start moaning. this could be a good thing who knows?
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Tails
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Git facked
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« Reply #10 on: Tuesday, July 3, 2007, 10:19:23 » |
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Good news for the club no question.
Would be nice if we could all get behind the team and go places.
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glos_robin
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« Reply #11 on: Tuesday, July 3, 2007, 10:19:51 » |
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Didn't notice that eight weeks bit, very strange
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sonic youth
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« Reply #12 on: Tuesday, July 3, 2007, 10:21:14 » |
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I guess people want proof, names etc... I guess it is another 8 weeks to people to find a new investor.... also another eight weeks before the CVA will be paid. |
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OOH! SHAUN TAYLOR
- FACT!
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« Reply #13 on: Tuesday, July 3, 2007, 10:25:34 » |
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The 8 weeks part refers to when the 'new consortium' actually take over which I suppose is roughly how long these things take.
The actual due dilligence procedure I guess will begin almost immediately.
I will refrain from getting overly excited until we're told who these people are and we actually get to see them.
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STFC_Gazzza
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« Reply #14 on: Tuesday, July 3, 2007, 10:26:39 » |
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If true that means the current board will be gone which is what everyone wanted anyway.....
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