OFFISHAL CONFRIMATION of the CONFIMRED

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Sutekh
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Re: TAKEOVER *NOT* CONFIMRED

by Sutekh » 22 May 2024 07:16

No news means plenty of random rumours appearing to fill the space as you can't possibly just have nothing to report. :roll:

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SouthDownsRoyal
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Re: TAKEOVER *NOT* CONFIMRED

by SouthDownsRoyal » 22 May 2024 15:27

What’s going on with this takeover

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Re: TAKEOVER *NOT* CONFIMRED

by Brogue » 22 May 2024 15:38

SouthDownsRoyal What’s going on with this takeover


its been put on hold due to the announcement of the general election today

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Re: TAKEOVER *NOT* CONFIMRED

by SouthDownsRoyal » 22 May 2024 15:41

Brogue
SouthDownsRoyal What’s going on with this takeover


its been put on hold due to the announcement of the general election today


Thanks for the update

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Re: TAKEOVER *NOT* CONFIMRED

by Wycombe Royal » 22 May 2024 16:32



andrew1957
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Re: TAKEOVER *NOT* CONFIMRED

by andrew1957 » 22 May 2024 16:52

So if the BBC are right it looks like we are back to square one.

My gut feeling all along is that the Mr Dai will pull out of the deal at the last minute.

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 22 May 2024 17:01

It still feels like Chiron have more leverage due to the debt and charges. They may have found something in DD that they have tried to amend the price for.

Dellor is reliable enough, but his contacts will be Howe and others at the club. Feels to me like they are putting out rumours of other buyers and trying to apply pressure to Chiron to accept whatever they have found in DD without amending the price.

Presumably if Dai walks from this deal, he'll also need a strategy to protect the value of his asset to convince other buyers, meaning putting in necessary funding to keep Selles and the team together. Does anyone seriously believe he has a plan for that?

Have to wait and see how it plays out, like Stranded said earlier I'm too tired of worrying about things beyond out control.

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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 22 May 2024 17:03

How stupid does Dai have to be, to be frustrated that with each new discovery of damage he's done, the prospective buyers are reducing their offer.

Interesting that we seem to be getting a deadline of a week or new talks with someone else. Suggests we should have concrete news within the next 10 days one way or another.

Fear we're gone if the current lot fall through. I just don't see how we start the season without investment. We don't really have many high value saleable players. Azeez and Bindon maybe.

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 22 May 2024 17:14

Snowflake Royal How stupid does Dai have to be, to be frustrated that with each new discovery of damage he's done, the prospective buyers are reducing their offer.

Interesting that we seem to be getting a deadline of a week or new talks with someone else. Suggests we should have concrete news within the next 10 days one way or another.

Fear we're gone if the current lot fall through. I just don't see how we start the season without investment. We don't really have many high value saleable players. Azeez and Bindon maybe.

Olise sell on?

No doubt it's bad news if it falls through, but I'd put decent money on that we'd get through next season somehow.


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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 22 May 2024 17:24

WestYorksRoyal
Snowflake Royal How stupid does Dai have to be, to be frustrated that with each new discovery of damage he's done, the prospective buyers are reducing their offer.

Interesting that we seem to be getting a deadline of a week or new talks with someone else. Suggests we should have concrete news within the next 10 days one way or another.

Fear we're gone if the current lot fall through. I just don't see how we start the season without investment. We don't really have many high value saleable players. Azeez and Bindon maybe.

Olise sell on?

No doubt it's bad news if it falls through, but I'd put decent money on that we'd get through next season somehow.

I'll take that bet. No takeover = no finish 24/25 season.

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Re: TAKEOVER *NOT* CONFIMRED

by Franchise FC » 22 May 2024 18:04

Snowflake Royal
WestYorksRoyal
Snowflake Royal How stupid does Dai have to be, to be frustrated that with each new discovery of damage he's done, the prospective buyers are reducing their offer.

Interesting that we seem to be getting a deadline of a week or new talks with someone else. Suggests we should have concrete news within the next 10 days one way or another.

Fear we're gone if the current lot fall through. I just don't see how we start the season without investment. We don't really have many high value saleable players. Azeez and Bindon maybe.

Olise sell on?

No doubt it's bad news if it falls through, but I'd put decent money on that we'd get through next season somehow.

I'll take that bet. No takeover = no finish 24/25 season.

I hate to have to agree but that’s the way it feels

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Re: TAKEOVER *NOT* CONFIMRED

by Mid Sussex Royal » 22 May 2024 18:06

WestYorksRoyal It still feels like Chiron have more leverage due to the debt and charges. They may have found something in DD that they have tried to amend the price for.

Dellor is reliable enough, but his contacts will be Howe and others at the club. Feels to me like they are putting out rumours of other buyers and trying to apply pressure to Chiron to accept whatever they have found in DD without amending the price.

Presumably if Dai walks from this deal, he'll also need a strategy to protect the value of his asset to convince other buyers, meaning putting in necessary funding to keep Selles and the team together. Does anyone seriously believe he has a plan for that?

Have to wait and see how it plays out, like Stranded said earlier I'm too tired of worrying about things beyond out control.


Dellor is apparently on holiday so this is likely third hand at best. 2 and 2 being put together due to exclusivity ending.

If the buyer does pull out or Dai rejects, we're done for. Loans called in (worst case scenario) but likely more unpaid wages will mean starting next season with more points deductions.

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Re: TAKEOVER *NOT* CONFIMRED

by Clyde1998 » 22 May 2024 18:10

Mid Sussex Royal
WestYorksRoyal It still feels like Chiron have more leverage due to the debt and charges. They may have found something in DD that they have tried to amend the price for.

Dellor is reliable enough, but his contacts will be Howe and others at the club. Feels to me like they are putting out rumours of other buyers and trying to apply pressure to Chiron to accept whatever they have found in DD without amending the price.

Presumably if Dai walks from this deal, he'll also need a strategy to protect the value of his asset to convince other buyers, meaning putting in necessary funding to keep Selles and the team together. Does anyone seriously believe he has a plan for that?

Have to wait and see how it plays out, like Stranded said earlier I'm too tired of worrying about things beyond out control.


Dellor is apparently on holiday so this is likely third hand at best. 2 and 2 being put together due to exclusivity ending.

If the buyer does pull out or Dai rejects, we're done for. Loans called in (worst case scenario) but likely more unpaid wages will mean starting next season with more points deductions.


Would the loans being called in (by Chiron) and the club defaulting not lead to them taking control of the club though?


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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 22 May 2024 18:17

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WestYorksRoyal Olise sell on?

No doubt it's bad news if it falls through, but I'd put decent money on that we'd get through next season somehow.

I'll take that bet. No takeover = no finish 24/25 season.

I hate to have to agree but that’s the way it feels

Sounds reasonably at face value until you think it through.

If Dai genuinely thinks he can get a better price, he needs to keep the club afloat and protect the value of his asset.

If he can't or won't do that, the shares pledged as collateral will be seized by Chiron when he defaults on the debt.

The narrow path to doom would look something like him repaying the debt in an effort to sell again, tries and fails to get a higher price before giving up.

But you have to remember it's massively against his self interest for us to go bust.

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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 22 May 2024 18:23

WestYorksRoyal
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Snowflake Royal I'll take that bet. No takeover = no finish 24/25 season.

I hate to have to agree but that’s the way it feels

Sounds reasonably at face value until you think it through.

If Dai genuinely thinks he can get a better price, he needs to keep the club afloat and protect the value of his asset.

If he can't or won't do that, the shares pledged as collateral will be seized by Chiron when he defaults on the debt.

The narrow path to doom would look something like him repaying the debt in an effort to sell again, tries and fails to get a higher price before giving up.

But you have to remember it's massively against his self interest for us to go bust.

The thing you have to remember, is you can't apply logic to Dai.

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Re: TAKEOVER *NOT* CONFIMRED

by windermereROYAL » 22 May 2024 18:48

Absolutely sick of it, if we have to start the whole process again from square one we`re probably talking September/October.
How much patience does Ruben have?
And what about ST sales? nobody in their right minds are going to pay out without a resolution to the what seems to be a never ending mess. that`s why I`m staggered that so many people have already jumped the gun.
We should know one way are another before the end of the week surely.

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Re: TAKEOVER *NOT* CONFIMRED

by Linden Jones' Tash » 22 May 2024 19:00

If, as suggested, Howe is the source, we know how he deals with negotiations from the FA minutes....

There's nothing that we can do about it at this stage, so no point stressing until there is official news...

Mid Sussex Royal
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Re: TAKEOVER *NOT* CONFIMRED

by Mid Sussex Royal » 22 May 2024 19:08

Chronicle reporting exclusivity has been extended, so there can be no talks with anyone else.

Also saying proposed buyers have covered tax that was due on Monday.

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Re: TAKEOVER *NOT* CONFIMRED

by blythspartan » 22 May 2024 19:41

Snowflake Royal
WestYorksRoyal
Snowflake Royal How stupid does Dai have to be, to be frustrated that with each new discovery of damage he's done, the prospective buyers are reducing their offer.

Interesting that we seem to be getting a deadline of a week or new talks with someone else. Suggests we should have concrete news within the next 10 days one way or another.

Fear we're gone if the current lot fall through. I just don't see how we start the season without investment. We don't really have many high value saleable players. Azeez and Bindon maybe.

Olise sell on?

No doubt it's bad news if it falls through, but I'd put decent money on that we'd get through next season somehow.

I'll take that bet. No takeover = no finish 24/25 season.


At least I lost my shit yesterday. I am just glad to be off to New Zealand tomorrow so I can forget about this for the next 8 weeks. Jamie Hodder looks to be fairly reliable.

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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 22 May 2024 19:49

blythspartan
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WestYorksRoyal Olise sell on?

No doubt it's bad news if it falls through, but I'd put decent money on that we'd get through next season somehow.

I'll take that bet. No takeover = no finish 24/25 season.


At least I lost my shit yesterday. I am just glad to be off to New Zealand tomorrow so I can forget about this for the next 8 weeks. Jamie Hodder looks to be fairly reliable.

The article is mostly speculation

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