Doug King Takeover (35 Viewers)

[Samo]

Certainly interesting times. My question is: what happens, if anything, if the King thing hasn't been approved by the time the transfer window opens?

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A takeover will happen, its just a matter of who and when. I remain positive.

 

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[itsabuzzard]

A takeover will happen, its just a matter of who and when. I remain positive.

Let's hope it does, but what if it doesn't happen by or during the transfer window? Will O'Hare, Hamer and Gyokeres still be with us come the end of January? If not, we're not getting promoted.

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[itsabuzzard]

I was more thinking around the trunk of the tree and the trunk of the body. Good sized rope. Booosh spladoosh, done!

That would certainly work, but are there many trees of substantial girth on the canal side?

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[skyblu3sk]

That would certainly work, but are there many trees of substantial girth on the canal side?

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I think we are golden.

 

[SkyblueDad]

Let's hope it does, but what if it doesn't happen by or during the transfer window? Will O'Hare, Hamer and Gyokeres still be with us come the end of January? If not, we're not getting promoted.

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It will be a refreshing change not to go through the transfer window with Viks going here,COH or Hamer there, finger crossed.

 

[Skybluedownunder]

Maybe he’s put his offer in subject to EFL approval and subject to him ‘doing his own diligence’ the helmet!

Who bids for shit without doing due diligence?

Maybe he’s now done his diligence and pulling back?


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[David O'Day]

Maybe he’s put his offer in subject to EFL approval and subject to him ‘doing his own diligence’ the helmet!

Who bids for shit without doing due diligence?

Maybe he’s now done his diligence and pulling back?


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lot's of companies do dd after the initial agreement?

 

[hill83]

lot's of companies do dd after the initial agreement?

Is that basically like the first exploratory wipe, which will tell you if a second wipe is needed?

 

[Nick]

Is that basically like the first exploratory wipe, which will tell you if a second wipe is needed?

Poo dilligence

 

[Colin Steins Smile]

I can't think of any reason the EFL wouldn't approve anyone

The EFL checklist for approval:

1. Prove you've got the money to buy the club. Yes/No
2. Are you in prison? Yes/No

Hardly stringent!

 

[SkyblueDad]

It’s taken that long for those trying to buy Birmingham City to get EFL approval they have apparently pulled out.

 

[Winny the Bish]

It’s taken that long for those trying to buy Birmingham City to get EFL approval they have apparently pulled out.

What I read this morning said that after their due dilligence they wanted to lower the fee they were paying for the club. Understandable seeing as St Andrews is basically condemned. Current owners were refusing to budge.

 

[Broken Hearted Sky Blue]

The EFL checklist for approval:

1. Prove you've got the money to buy the club. Yes/No
2. Are you in prison? Yes/No

Hardly stringent!

After careful consideration no 2 has been removed

 

[letsallsingtogether]

It’s taken that long for those trying to buy Birmingham City to get EFL approval they have apparently pulled out.

It is safer to pull out tbh

 

[Samo]

It is safer to pull out tbh

Not if its that old and crumbly

 

[itsabuzzard]

It is safer to pull out tbh

It works for 1.3 billion Catholics.

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[SBT]

It’s four weeks and six matches until New Years Day when the window opens and six weeks until the first league match of the second part of the season v Burnley I’m sure Robins will have his ducks in a row, either his up to three with the Hyam money or better hopefully. Could be interesting and exciting times, not selling a star man a big bonus.

We’re also still under a transfer embargo.

 

[itsabuzzard]

We’re also still under a transfer embargo.

Until when?

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[SBT]

Until when?

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Until we pay back HMRC.

 

[itsabuzzard]

Until we pay back HMRC.

Is there a deadline for payment?

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[SkyblueDad]

We’re also still under a transfer embargo.

Thought that had been sorted

 

[MalcSB]

It was said it will be sorted by end of December.

 

[oldfiver]

Until we pay back HMRC.

Paid back weeks ago !

 

[shmmeee]

Paid back weeks ago !

Any insights into what’s going on? King still going ahead as far as you know?

 

[MalcSB]

Paid back weeks ago !

Why hasn’t the embargo been lifted?

EFL need to get their finger out.

Embargoes

The Official home of the English Football League

www.efl.com

 

[oldfiver]

Any insights into what’s going on? King still going ahead as far as you know?

All I know is things still at EFL who are not known for quick decisions

 

[SkyblueDad]

All I know is things still at EFL who are not known for quick decisions

Think the EFL do a lot more digging than we think.

 

[MalcSB]

All I know is things still at EFL who are not known for quick decisions

As I just said, they need to get their finger out especially as we are approaching a potentially crucial part of the season.

 

[Sky Blue Pete]

Thought that had been sorted

And me in fact I’m pretty sure it has

 

[COVKIDSNEVERQUIT]

And me in fact I’m pretty sure it has

Payments paid instalments, December being the last payment.

 

[wingy]

While they don't have to, Gilbert states that they haven't confirmed that a contract has been signed.

 

[letsallsingtogether]

Think the EFL do a lot more digging than we think.

Really? if they dig far enough they may get themselves out of the shit they have around them.

 

[oldfiver]

Payments paid instalments, December being the last payment.

See above!

 

[Sky_Blue_Dreamer]

Payments paid instalments, December being the last payment.

So would that mean the statement during the King takeover that the club was debt-free was not true.

 

[ccfc922]

Is this Storey fella a complete nutcase or what? His Wiki suggests he makes a lot of shit up?