Thetownend.com

25% => The Boardroom => Topic started by: sonic youth on Wednesday, May 23, 2007, 11:53:02



Title: today's adver
Post by: sonic youth on Wednesday, May 23, 2007, 11:53:02
http://www.thisisstfc.co.uk/news_headlines_Story.asp?NewsID=6682

Quote
SWINDON Town have dismissed speculation that IT recruitment tycoon Simon Arber is the mystery investor currently in talks with the club.

Negotiations at the County Ground are believed to be close to completion with the club and the mystery investor.

Arber, 48, who is believed to have a personal fortune of around £70m, is a friend of the Wills’ family and the club’s business advisor Mike Diamandis.

But a source close to club confirmed that although Arber has links with the Wills’ family and Diamandis, he is not the mystery man they are in talks with.

The source said: “I can categorically confirm that the club are not in talks with Simon Arber.

“I want to completely dismiss any speculation, there is no truth in these reports.

“The club is in talks with a potential investor and we are at a stage in negotiations where legalities prevent us from talking about specifics.

“I cannot say anymore at this stage.”


is it just me or does that suggest that an NDA has been signed with the "new investors"? Is there any way we can find that out?

It certainly seems odd that the "new investor" is at the stage of 'secret' negotations so soon whereas we've been waiting for the NDA to be signed for what now seems like months.


Title: Re: today's adver
Post by: mattboyslim on Wednesday, May 23, 2007, 11:59:10
Quote from: "sonic youth"
http://www.thisisstfc.co.uk/news_headlines_Story.asp?NewsID=6682

Quote
SWINDON Town have dismissed speculation that IT recruitment tycoon Simon Arber is the mystery investor currently in talks with the club.

Negotiations at the County Ground are believed to be close to completion with the club and the mystery investor.

Arber, 48, who is believed to have a personal fortune of around £70m, is a friend of the Wills’ family and the club’s business advisor Mike Diamandis.

But a source close to club confirmed that although Arber has links with the Wills’ family and Diamandis, he is not the mystery man they are in talks with.

The source said: “I can categorically confirm that the club are not in talks with Simon Arber.

“I want to completely dismiss any speculation, there is no truth in these reports.

“The club is in talks with a potential investor and we are at a stage in negotiations where legalities prevent us from talking about specifics.

“I cannot say anymore at this stage.”


is it just me or does that suggest that an NDA has been signed with the "new investors"? Is there any way we can find that out?

It certainly seems odd that the "new investor" is at the stage of 'secret' negotations so soon whereas we've been waiting for the NDA to be signed for what now seems like months
.


It is that fact alone that angers me - the two-faced board have said they'd 'welcome investment' the best investment in years - perhaps in the clubs history cannot even get it's feet under the table to have a confidential look at the things.  I would even respect the board slightly if they singed the NDA let the consortium assess things and make an offer which they turned down.  The fact that they cannot even get that far is beyond my comprehension.


Title: today's adver
Post by: Samdy Gray on Wednesday, May 23, 2007, 12:31:49
Certainly suggests they've signed an NDA if legalities are preventing them from revealing 'specifics'.

It shouldn't stop them from telling us who it is though, unless our mysterious investor had a clause put into the NDA.


Title: today's adver
Post by: herthab on Wednesday, May 23, 2007, 12:34:53
Maybe Madjeski hasn't told Coppell he's leaving yet? :soapy tit wank:


Title: today's adver
Post by: yeo on Wednesday, May 23, 2007, 14:31:48
Isnt an NDA only needed for a possible takeover or do you need one for investment as well?


Title: today's adver
Post by: Piemonte on Wednesday, May 23, 2007, 14:32:42
Quote from: "Yeovil Red"
Isnt an NDA only needed for a possible takeover or do you need one for investment as well?


Its at the sellers discresion as far as I'm aware.


Title: today's adver
Post by: pauld on Wednesday, May 23, 2007, 14:43:00
Quote from: "Yeovil Red"
Isnt an NDA only needed for a possible takeover or do you need one for investment as well?

You can use NDAs for all sorts of situations - I quite often used to have to sign one at work when discussing new technologies with partners etc.


Title: today's adver
Post by: sonic youth on Wednesday, May 23, 2007, 14:49:38
Quote from: "Yeovil Red"
Isnt an NDA only needed for a possible takeover or do you need one for investment as well?


I'd presume in this case an NDA would be used for the "new investor" to look at the books and see what he/she is investing in.


Title: today's adver
Post by: TalkTalk on Wednesday, May 23, 2007, 14:51:26
Quote from: "sonic youth"
I'd presume in this case an NDA would be used for the "new investor" to look at the books and see what he/she is investing in.

If so I would imagine a copy of Grimms' Fairy Tales would be more encouraging...


Title: today's adver
Post by: Phil_S on Wednesday, May 23, 2007, 14:59:57
Quote from: "sonic youth"
Quote from: "Yeovil Red"
Isnt an NDA only needed for a possible takeover or do you need one for investment as well?


I'd presume in this case an NDA would be used for the "new investor" to look at the books and see what he/she is investing in.


Well what a bugger, it won't happen if he looks at the books will it?


Title: today's adver
Post by: Iffy's Onion Bhaji on Wednesday, May 23, 2007, 15:02:00
i dont think there is an NDA as i dont think there is another investor. why would they deny it if their was? i think it's just an exuse to keep delaying them selling up again  :-))(


Title: today's adver
Post by: TalkTalk on Wednesday, May 23, 2007, 16:49:42
Quote from: "Rich"
i dont think there is an NDA as i dont think there is another investor. why would they deny it if their was? i think it's just an exuse to keep delaying them selling up again  :-))(

On Beeb RS tonight Ed Hadwin was reporting that there is an investor and they are close to agreeing a deal.  :?

He also said something along the lines of "an NDA has not yet been signed, which is the same situation that the consortium of Bill Power and Phil Emmell are in".

Methinks Ed is pissed off enough to start putting the boot in.

Hopefully.


Title: today's adver
Post by: Dazzza on Wednesday, May 23, 2007, 16:51:22
I signed my first NDA today it took our legal department all of 1hr to have it checked out and returned.


Title: today's adver
Post by: DiV on Wednesday, May 23, 2007, 17:01:47
how long is it the club have been sitting on the Fans Consortium NDA now?


Title: today's adver
Post by: hansgruber on Wednesday, May 23, 2007, 17:04:34
Remember: There is no NDA


Title: today's adver
Post by: Summerof69 on Wednesday, May 23, 2007, 17:13:37
Quote from: "DV85"
how long is it the club have been sitting on the Fans Consortium NDA now?


The club sent it on 10th April, so it only 6 weeks now. :shock:


Title: today's adver
Post by: Iffy's Onion Bhaji on Wednesday, May 23, 2007, 17:19:59
Quote from: "TalkTalk"
Quote from: "Rich"
i dont think there is an NDA as i dont think there is another investor. why would they deny it if their was? i think it's just an exuse to keep delaying them selling up again  :-))(

On Beeb RS tonight Ed Hadwin was reporting that there is an investor and they are close to agreeing a deal.  :?

He also said something along the lines of "an NDA has not yet been signed, which is the same situation that the consortium of Bill Power and Phil Emmell are in".

Methinks Ed is pissed off enough to start putting the boot in.

Hopefully.


yup hopefully  :|