Timeframe for sale completion? (1 Viewer)

spider_ricoh · Oct 7, 2014

Now that council has approved the deal, what is the time frame for this to go through? Presumably contracts have to be signed etc - is there a time window in which SISU could put in a rival bid?

Nick · Oct 7, 2014

You would have thought everything would be ready and lined up for it to be approved wouldn't it?

chiefdave · Oct 7, 2014

Seems a done deal, sounds like Wasps are holding a press conf at the Ricoh tomorrow and announcing JLR as club sponsors, most likely they will be the next stadium sponsors. There were rumours they were looking for finance and didn't have the money yet but it doesn't' come across like that to me.

Skyblueweeman · Oct 7, 2014

Who are JLR?

bigfatronssba · Oct 7, 2014

Skyblueweeman said:
Who are JLR?

Just a little manufacturing company based in Whitley.

spider_ricoh · Oct 7, 2014

I have heard from a source close to the deal that this is dependent on funding from China - proof is in the pudding as their money will be where their mouth is.

At the moment it looks like an offer in principle and can't see anywhere that it's been reported that funding has been proven.

mds · Oct 7, 2014

bigfatronssba said:
Just a little manufacturing company based in Whitley.

Heard a rumour they were growing a little?
Cant believe i replied to a post with lol and nothing else.

Jack Griffin · Oct 7, 2014

Skyblueweeman said:
Who are JLR?

Hint, lol

Timeframe for sale completion? (1 Viewer)

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