Title: Rumblings from SN1... Post by: Tails on Monday, October 29, 2007, 14:45:57 This is proper 'friend of a friend' stuff, but apparently due dilligence has been completed with Fitton & co and everything is all but ready to be announced by the 16th November deadline given...
I'm not believing anything until its 100% confirmed, but it's interesting to hear nonetheless and I was wondering if anyone else had heard anything or knows anything..? Probably a load of bollocks! Title: Rumblings from SN1... Post by: tans on Monday, October 29, 2007, 14:49:20 Quote Probably a load of bollocks! :nod: Title: Rumblings from SN1... Post by: Batch on Monday, October 29, 2007, 15:12:00 Assuming it is true, that was quick. They only started the process last week didn't they? Yes they had all the information to hand following BEST, but even so.
We'll see I guess. Title: Rumblings from SN1... Post by: Summerof69 on Monday, October 29, 2007, 15:30:58 Not saying that we've heard all this before, but....We've heard all this before !!!
Title: Rumblings from SN1... Post by: janaage on Monday, October 29, 2007, 15:38:07 I think the key difference here, is that this is not a takeover. This is an additional investment. The board are not being replaced, they're staying put, so I wouldn't have thought that this would take as long as the "Best" episode.
Title: Rumblings from SN1... Post by: STFC Bart on Monday, October 29, 2007, 15:42:32 It is a takeover
Title: Rumblings from SN1... Post by: Kinky Tom on Monday, October 29, 2007, 15:43:52 Quote from: "STFC Bart" It is a takeover That almost sounded positive... :shock: Title: Rumblings from SN1... Post by: Fred Elliot on Monday, October 29, 2007, 15:51:26 Quote from: "STFC Bart" It is a takeover :nod: Title: Rumblings from SN1... Post by: Matchworn Shirts on Monday, October 29, 2007, 15:54:16 Quote from: "STFC Bart" It is a takeover there is no takeover :wink: Title: Rumblings from SN1... Post by: fatbury on Monday, October 29, 2007, 15:58:47 It looks more positive this time ... heres hoping .. fingers crossed .. and then we can get on with the football again
Title: Rumblings from SN1... Post by: Colin Todd on Monday, October 29, 2007, 16:00:48 Quote from: "Fred Elliot" Quote from: "STFC Bart" It is a takeover :nod: So was Bob Holt talking bollocks (again) when he said the current board would stay? Because why would you want them having paid £xxm for the club? That makes even less sense than the Power statement today. :roll: Title: Rumblings from SN1... Post by: pauld on Monday, October 29, 2007, 16:04:42 Quote from: "Batch" Assuming it is true, that was quick. They only started the process last week didn't they? Yes they had all the information to hand following BEST, but even so. Well, it wasn't due diligence that caused the delays with BEST it was haggling over the terms of the deal. Getting due diligence done is comparatively easy Title: Rumblings from SN1... Post by: sonic youth on Monday, October 29, 2007, 16:07:27 Quote from: "pauld" Getting due diligence done is comparatively easy unless your name is bill power or phil emmellTitle: Rumblings from SN1... Post by: STFC Bart on Monday, October 29, 2007, 16:08:36 Colin- Whilst they are buying the club they are hardly going to say
"You lot are useless- and we want you out ASAP" are they. This will hardly strengthen their hand will it when it comes to finalising any deal. They may stay in the short term, but to be honest with thebuesiness acumen of Fitton if the deal is completed on 16 November i think they would be gone by xmas Title: Rumblings from SN1... Post by: Fred Elliot on Monday, October 29, 2007, 16:15:13 Quote from: "STFC Bart" Colin- Whilst they are buying the club they are hardly going to say "You lot are useless- and we want you out ASAP" are they. This will hardly strengthen their hand will it when it comes to finalising any deal. They may stay in the short term, but to be honest with thebuesiness acumen of Fitton if the deal is completed on 16 November i think they would be gone by xmas ^ ^ ^ ^ ^ What he said Title: Rumblings from SN1... Post by: Colin Todd on Monday, October 29, 2007, 16:15:22 Quote from: "STFC Bart" Colin- Whilst they are buying the club they are hardly going to say "You lot are useless- and we want you out ASAP" are they. This will hardly strengthen their hand will it when it comes to finalising any deal. They may stay in the short term, but to be honest with thebuesiness acumen of Fitton if the deal is completed on 16 November i think they would be gone by xmas Why not? We all know that the actual appointed members of the board have no real power anyway Title: Rumblings from SN1... Post by: DV on Monday, October 29, 2007, 17:37:07 I'll believe it when I see this Fitton guy on the pitch handing out £20 notes....
Title: Rumblings from SN1... Post by: Phil_S on Monday, October 29, 2007, 17:41:01 Quote from: "Colin Todd" Quote from: "STFC Bart" Colin- Whilst they are buying the club they are hardly going to say "You lot are useless- and we want you out ASAP" are they. This will hardly strengthen their hand will it when it comes to finalising any deal. They may stay in the short term, but to be honest with thebuesiness acumen of Fitton if the deal is completed on 16 November i think they would be gone by xmas Why not? We all know that the actual appointed members of the board have no real power anyway Not so true as you'd believe. Remember about 6 yrs ago, we had an appointed board (Donegan & Blatchley). The Wills were the major shareholders & appointed them. Then they couldn't remove them, until they went to court as a result of no accounts being filed. Title: Rumblings from SN1... Post by: Phil_S on Monday, October 29, 2007, 17:46:53 Quote from: "Colin Todd" Quote from: "STFC Bart" Colin- Whilst they are buying the club they are hardly going to say "You lot are useless- and we want you out ASAP" are they. This will hardly strengthen their hand will it when it comes to finalising any deal. They may stay in the short term, but to be honest with thebuesiness acumen of Fitton if the deal is completed on 16 November i think they would be gone by xmas Why not? We all know that the actual appointed members of the board have no real power anyway Not so true as you'd believe. Remember about 6 yrs ago, we had an appointed board (Donegan & Blatchley). The Wills were the major shareholders & appointed them. Then they couldn't remove them, until they went to court as a result of no accounts being filed. Title: Rumblings from SN1... Post by: lebowski on Monday, October 29, 2007, 17:56:16 fitton and wills are mates, so it's probably fair to assume that wills won't be making the same ridiculous demands that he did of BEST.
hence holt saying "this deal isn't as good". Title: Rumblings from SN1... Post by: Iffy's Onion Bhaji on Monday, October 29, 2007, 18:00:57 I hope this is true. The sooner a deal is done the sooner i can actually get back to enjoying football again.
Title: Rumblings from SN1... Post by: STFC_Gazzza on Monday, October 29, 2007, 18:07:47 I heard something similar from someone who is non political and doesnt post on message boards. He said the deal is done however until I see something official I wont beleive it..... remember the best holdings deal... parading on the pitch etc... oh dear.
Title: Rumblings from SN1... Post by: my-velocity on Monday, October 29, 2007, 19:46:42 Quote from: "tans" Quote Probably a load of bollocks! :nod: Seriously shut up, stop being so negative all the fucking time. Title: Rumblings from SN1... Post by: Simon Pieman on Monday, October 29, 2007, 20:18:24 Quote from: "my-velocity" Quote from: "tans" Quote Probably a load of bollocks! :nod: Seriously shut up, stop being so negative all the fucking time. Stop being so positive :wink: Title: Rumblings from SN1... Post by: magic8ball on Tuesday, October 30, 2007, 10:41:07 I had a mega-weird dream the other night.
The head of the consortium was Gary Linekar and Michael Owen (who was going to put some money in, and play for us also). Title: Rumblings from SN1... Post by: magicroundabout on Tuesday, October 30, 2007, 13:07:24 Quote from: "lebowski" fitton and wills are mates, so it's probably fair to assume that wills won't be making the same ridiculous demands that he did of BEST. hence holt saying "this deal isn't as good". i thought Fitton said they weren't friends just acquaintances? Title: Rumblings from SN1... Post by: wheretherealredsare on Tuesday, October 30, 2007, 13:16:30 It is not so much a takeover. More a turnover, or a strudel, possibly an apple charlotte.
In any case someone will get their just desserts. Title: Rumblings from SN1... Post by: tans on Tuesday, October 30, 2007, 13:32:02 Quote from: "my-velocity" Quote from: "tans" Quote Probably a load of bollocks! :nod: Seriously shut up, stop being so negative all the fucking time. Ill believe it when i see it. Remember what happened last time?? Title: Rumblings from SN1... Post by: Iffy's Onion Bhaji on Tuesday, October 30, 2007, 13:35:15 Hence why the board might be keeping it quiet this time until paperwork has fully gone through.
Title: Rumblings from SN1... Post by: pauld on Tuesday, October 30, 2007, 17:16:59 Quote from: "Iffy's Onion Bhaji" Hence why the board might be keeping it quiet this time until paperwork has fully gone through. Yeah, cos they've got a good track record on keeping their traps shut at sensitive times haven't they? :roll: Title: Rumblings from SN1... Post by: Batch on Tuesday, October 30, 2007, 17:35:52 Quote from: "pauld" Yeah, cos they've got a good track record on keeping their traps shut at sensitive times haven't they? :roll: I was going to send Wills and Diamandis a Christmas card until you came along with you negativity. Now you've turned me against them :) Baaaaa. Baaaaaa. Title: Rumblings from SN1... Post by: Iffy's Onion Bhaji on Tuesday, October 30, 2007, 18:13:41 Quote from: "pauld" Quote from: "Iffy's Onion Bhaji" Hence why the board might be keeping it quiet this time until paperwork has fully gone through. Yeah, cos they've got a good track record on keeping their traps shut at sensitive times haven't they? :roll: That was the point i was making Paul. Even the board are not stupid enough to let i happen twice. At least i hope :| |