CONFIMRED - This might be it!!

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Who Moved The Goalposts?
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Re: CONFRIMED: Takeover collapsed; Back to square one

by Who Moved The Goalposts? » 03 Oct 2024 16:26

Let's just hope that the Blue company being mentioned isn't the one we really don't want anywhere near us. There are others with similar sounding names.

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Re: CONFRIMED: Takeover collapsed; Back to square one

by Sutekh » 03 Oct 2024 16:36

Who Moved The Goalposts? Let's just hope that the Blue company being mentioned isn't the one we really don't want anywhere near us. There are others with similar sounding names.


42,380 companies registered at Companies House that begin with the word "Blue".

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Re: CONFRIMED: Takeover collapsed; Back to square one

by WestYorksRoyal » 03 Oct 2024 16:38

Who Moved The Goalposts? Let's just hope that the Blue company being mentioned isn't the one we really don't want anywhere near us. There are others with similar sounding names.

If public records show red flags all over the place it's fine - the EFL can block it or set an impossibly high bar like the PL did for 777.

It's if Dai sells to a crook who's done a decent job of covering up their mess we have a problem.

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Re: CONFRIMED: Takeover collapsed; Back to square one

by morganb » 03 Oct 2024 16:56

Who Moved The Goalposts? Let's just hope that the Blue company being mentioned isn't the one we really don't want anywhere near us. There are others with similar sounding names.


Do you know something we don't?

(We covered 'Blue' companies a few pages back)

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Re: CONFRIMED: Takeover collapsed; Back to square one

by Who Moved The Goalposts? » 03 Oct 2024 17:17

morganb
Who Moved The Goalposts? Let's just hope that the Blue company being mentioned isn't the one we really don't want anywhere near us. There are others with similar sounding names.


Do you know something we don't?

(We covered 'Blue' companies a few pages back)


Heard a small whisper, yes, but absolutely no idea if it's true - so like most of us, I don't know much at all. We will find out eventually - if we are still around as a club, that is. Clock is ticking.


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Re: CONFRIMED: Takeover collapsed; Back to square one

by Lower West » 03 Oct 2024 23:28

Sutekh
Who Moved The Goalposts? Let's just hope that the Blue company being mentioned isn't the one we really don't want anywhere near us. There are others with similar sounding names.


42,380 companies registered at Companies House that begin with the word "Blue".


It's listed on the HK stock exchange.

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Re: CONFRIMED: Takeover collapsed; Back to square one

by Mid Sussex Royal » 04 Oct 2024 09:36

Dellor reporting on radio that Dai is considering 4 bids in next 48 hours, 3 pre Couhig and one new.

The not so good news is that the money runs out mid November.

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Re: CONFRIMED: Takeover collapsed; Back to square one

by WestYorksRoyal » 04 Oct 2024 09:45

Mid Sussex Royal Dellor reporting on radio that Dai is considering 4 bids in next 48 hours, 3 pre Couhig and one new.

The not so good news is that the money runs out mid November.

Very mixed news. Presumably he didn't have anything to comment on this Blue River company, so could be bollocks or they could be the 4th bidder.

The optimist in me sees no reason why it can't be done by mid November when the funding runs out, given all the due diligence is done. EFL checks will be the biggest hurdle.

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Re: CONFRIMED: Takeover collapsed; Back to square one

by Mid Sussex Royal » 04 Oct 2024 09:57

WestYorksRoyal
Mid Sussex Royal Dellor reporting on radio that Dai is considering 4 bids in next 48 hours, 3 pre Couhig and one new.

The not so good news is that the money runs out mid November.

Very mixed news. Presumably he didn't have anything to comment on this Blue River company, so could be bollocks or they could be the 4th bidder.

The optimist in me sees no reason why it can't be done by mid November when the funding runs out, given all the due diligence is done. EFL checks will be the biggest hurdle.


I didn't actually hear it live, just read something on Twitter that The Tilehurst End posted.

I'd hope whoever gets exclusivity will fund the club via loans in the same way Couhig did.


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Re: CONFRIMED: Takeover collapsed; Back to square one

by Forbury Lion » 04 Oct 2024 10:00

The Price of Football expert, Kieran Maguire has suggested the sale to the other HK Businessman might just be a way of getting rid of the problem by including it in with the sale of something else the other guy actually wants, thereby leaving him with the problem club to get rid of.

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Re: CONFRIMED: Takeover collapsed; Back to square one

by Brogue » 04 Oct 2024 10:07

Nigel Howe’s ban starts today

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Re: CONFRIMED: Takeover collapsed; Back to square one

by Snowflake Royal » 04 Oct 2024 10:17

WestYorksRoyal
Mid Sussex Royal Dellor reporting on radio that Dai is considering 4 bids in next 48 hours, 3 pre Couhig and one new.

The not so good news is that the money runs out mid November.

Very mixed news. Presumably he didn't have anything to comment on this Blue River company, so could be bollocks or they could be the 4th bidder.

The optimist in me sees no reason why it can't be done by mid November when the funding runs out, given all the due diligence is done. EFL checks will be the biggest hurdle.

£5 says the new bidder is Dai's mate just trying to push up the price for other bidders.

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Re: CONFRIMED: Takeover collapsed; Back to square one

by Who Moved The Goalposts? » 04 Oct 2024 10:18

Mid Sussex Royal Dellor reporting on radio that Dai is considering 4 bids in next 48 hours, 3 pre Couhig and one new.

The not so good news is that the money runs out mid November.


But presumably, the exclusivity arrangement will include short-term financing in the same way as Couhig's bid. If it goes tits up after that, we could be in administration.


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Re: CONFRIMED: Takeover collapsed; Back to square one

by Sutekh » 04 Oct 2024 11:03

Hoping that this is going to be it this time, and that whoever it is resolves this utter shambles one way or another.

However


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Re: CONFRIMED: Takeover collapsed; Back to square one

by Biscuit goalie » 04 Oct 2024 11:18

Donald Trump has put in a bid of £100m It's the only way he can make himself a life President :wink:

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Re: CONFRIMED: Takeover collapsed; Back to square one

by Sutekh » 04 Oct 2024 11:30

Biscuit goalie Donald Trump has put in a bid of £100m It's the only way he can make himself a life President :wink:




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Re: CONFRIMED: Takeover collapsed; Back to square one

by Clyde1998 » 04 Oct 2024 11:57

Snowflake Royal Football club worth is based mainly around division, because that dictates income. A 24k seater stadium in L1 is worth less than in the Championship, because in L1 its half empty but you've still got to maintain it fully. It doesn't have much inherent value when it's somewhat protected from redevelopment and built on a shit tip of contaminated land. Yes the contamination was cleaned to the level required for sports facilities, but that's lower than tuings like housing.

Likewise a state of the art training ground doesn't really contribute to income. Its value is basically its redevelopment potential.

As a L1 club our facilities are as much burdens as benefits.

I think the value of the stadium when it comes to the value of the club overall is in potential. Hypothetically, a new owner could come in, get back-to-back promotions and nothing (major) would need to be done to the stadium.

A large percentage of clubs in League One would be required to spend a lot on their facilities in order for them to be suitable for regular Championship (or higher) football. An extra £5-10m on the value of the club due to the stadium is probably justified, given a new owner wouldn't have to pay that or more on upgrades or a new ground once they control the club.

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Re: CONFRIMED: Takeover collapsed; Back to square one

by Crusader Royal » 04 Oct 2024 12:21

Snowflake Royal
WestYorksRoyal
Mid Sussex Royal Dellor reporting on radio that Dai is considering 4 bids in next 48 hours, 3 pre Couhig and one new.

The not so good news is that the money runs out mid November.

Very mixed news. Presumably he didn't have anything to comment on this Blue River company, so could be bollocks or they could be the 4th bidder.

The optimist in me sees no reason why it can't be done by mid November when the funding runs out, given all the due diligence is done. EFL checks will be the biggest hurdle.

£5 says the new bidder is Dai's mate just trying to push up the price for other bidders.


I can’t see it becoming an auction.
A fake bidder is more likely to drive other interest away than boost the price.
The danger with having a stooge in the auction room is they might end up being the last person I. The room with their hand raised.
If Dai owes this guy money I could see him trying to pass on the club as part of repaying the debt.
Not sure how pleased I would be if someone who owed me money offered a loss making project as repayment though.

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Re: CONFRIMED: Takeover collapsed; Back to square one

by RoyalBlue » 04 Oct 2024 15:05

WestYorksRoyal
Mid Sussex Royal Dellor reporting on radio that Dai is considering 4 bids in next 48 hours, 3 pre Couhig and one new.

The not so good news is that the money runs out mid November.

Very mixed news. Presumably he didn't have anything to comment on this Blue River company, so could be bollocks or they could be the 4th bidder.

The optimist in me sees no reason why it can't be done by mid November when the funding runs out, given all the due diligence is done. EFL checks will be the biggest hurdle.


The 'only' due diligence that has taken place is that initiated by previous interested parties. That will probably cover off all of the basic stuff. Indeed, if their lawyers and accountants did their job properly, it should. However, potential buyers may well have additional or more detailed questions that haven't been covered off. In fact, given some the the things said by one spurned potential buyer regarding their findings, reported 'very complex company structuring', the problems that arose in the latter stages of the Couhig negotiations and the subsequent collapse of what was pretty much announced as a 'done deal', I would think it highly likely that anyone who might still be interested will want to dig a lot deeper.

I dearly want to be proved wrong but I think it highly likely that a deal, if there ever is one, won't be concluded this year.

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Re: CONFRIMED: Takeover collapsed; Back to square one

by RoyalBlue » 04 Oct 2024 15:06

Biscuit goalie Donald Trump has put in a bid of £100m It's the only way he can make himself a life President :wink:


:lol: :lol: The only funny thing in this whole miserable saga!

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