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Doug King Takeover (2 Viewers)

  • Thread starter jackdg
  • Start date Nov 16, 2022
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Samo

Well-Known Member
Jul 6, 2012
6,846
3,176
213
  • Dec 2, 2022
  • #2,906
itsabuzzard said:
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.
 
Reactions: Kieranp96

itsabuzzard

Well-Known Member
Jul 16, 2017
3,473
2,574
213
  • Dec 2, 2022
  • #2,907
Samo said:
A takeover will happen, its just a matter of who and when. I remain positive.
Click to expand...
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

Well-Known Member
Jul 16, 2017
3,473
2,574
213
  • Dec 2, 2022
  • #2,908
skyblu3sk said:
I was more thinking around the trunk of the tree and the trunk of the body. Good sized rope. Booosh spladoosh, done!
Click to expand...
That would certainly work, but are there many trees of substantial girth on the canal side?

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Reactions: Greggs
S

skyblu3sk

Well-Known Member
Nov 3, 2010
4,096
2,923
163
  • Dec 2, 2022
  • #2,909
itsabuzzard said:
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.
 

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slowpoke

Well-Known Member
Apr 24, 2015
8,648
5,808
263
  • Dec 2, 2022
  • #2,910
itsabuzzard said:
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.
 
Reactions: Sky Blue Pete

Skybluedownunder

Well-Known Member
Jul 13, 2020
2,670
1,966
213
  • Dec 3, 2022
  • #2,911
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

Well-Known Member
Feb 28, 2015
25,465
15,884
313
  • Dec 3, 2022
  • #2,912
Skybluedownunder said:
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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Click to expand...
lot's of companies do dd after the initial agreement?
 

hill83

Well-Known Member
Sep 15, 2008
21,828
36,691
363
Coventry
  • Dec 3, 2022
  • #2,913
David O'Day said:
lot's of companies do dd after the initial agreement?
Click to expand...

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

Nick

Administrator
Feb 25, 2008
149,597
68,212
1,063
Coventry
  • Dec 3, 2022
  • #2,914
hill83 said:
Is that basically like the first exploratory wipe, which will tell you if a second wipe is needed?
Click to expand...
Poo dilligence
 
Reactions: Sky_Blue_Dreamer, Terry_dactyl, Samo and 4 others

Colin Steins Smile

Well-Known Member
Nov 5, 2015
2,161
2,155
213
  • Dec 3, 2022
  • #2,915
Briles said:
I can't think of any reason the EFL wouldn't approve anyone
Click to expand...
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!
 
Reactions: Briles and Sky Blue Pete

slowpoke

Well-Known Member
Apr 24, 2015
8,648
5,808
263
  • Dec 3, 2022
  • #2,916
It’s taken that long for those trying to buy Birmingham City to get EFL approval they have apparently pulled out.
 
Last edited: Dec 3, 2022

Winny the Bish

Well-Known Member
Mar 26, 2010
3,601
5,098
313
  • Dec 3, 2022
  • #2,917
slowpoke said:
It’s taken that long for those trying to buy Birmingham City to get EFL approval they have apparently pulled out.
Click to expand...
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.
 
B

Broken Hearted Sky Blue

Well-Known Member
Dec 9, 2011
8,977
3,048
163
Coventry
  • Dec 3, 2022
  • #2,918
Colin Steins Smile said:
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!
Click to expand...
After careful consideration no 2 has been removed
 
Reactions: Sky_Blue_Dreamer and Sky Blue Pete

letsallsingtogether

Well-Known Member
Jun 30, 2012
15,283
5,626
313
coventry
  • Dec 3, 2022
  • #2,919
slowpoke said:
It’s taken that long for those trying to buy Birmingham City to get EFL approval they have apparently pulled out.
Click to expand...
It is safer to pull out tbh
 
Reactions: Ricketts

Samo

Well-Known Member
Jul 6, 2012
6,846
3,176
213
  • Dec 3, 2022
  • #2,920
letsallsingtogether said:
It is safer to pull out tbh
Click to expand...

Not if its that old and crumbly
 

itsabuzzard

Well-Known Member
Jul 16, 2017
3,473
2,574
213
  • Dec 3, 2022
  • #2,921
letsallsingtogether said:
It is safer to pull out tbh
Click to expand...
It works for 1.3 billion Catholics.

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S

SBT

Well-Known Member
Sep 14, 2012
12,458
16,483
263
  • Dec 3, 2022
  • #2,922
slowpoke said:
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.
Click to expand...
We’re also still under a transfer embargo.
 

itsabuzzard

Well-Known Member
Jul 16, 2017
3,473
2,574
213
  • Dec 3, 2022
  • #2,923
SBT said:
We’re also still under a transfer embargo.
Click to expand...
Until when?

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S

SBT

Well-Known Member
Sep 14, 2012
12,458
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263
  • Dec 3, 2022
  • #2,924
itsabuzzard said:
Until when?

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Until we pay back HMRC.
 

itsabuzzard

Well-Known Member
Jul 16, 2017
3,473
2,574
213
  • Dec 3, 2022
  • #2,925
SBT said:
Until we pay back HMRC.
Click to expand...
Is there a deadline for payment?

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slowpoke

Well-Known Member
Apr 24, 2015
8,648
5,808
263
  • Dec 3, 2022
  • #2,926
SBT said:
We’re also still under a transfer embargo.
Click to expand...
Thought that had been sorted
 

MalcSB

Well-Known Member
Mar 10, 2012
8,665
5,292
313
  • Dec 3, 2022
  • #2,927
It was said it will be sorted by end of December.
 
O

oldfiver

Well-Known Member
Mar 25, 2011
3,758
1,464
163
  • Dec 3, 2022
  • #2,928
SBT said:
Until we pay back HMRC.
Click to expand...
Paid back weeks ago !
 

shmmeee

Well-Known Member
Jul 11, 2011
70,149
73,220
813
Coventry, United Kingdom, United Kingdom
  • Dec 3, 2022
  • #2,929
oldfiver said:
Paid back weeks ago !
Click to expand...

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

MalcSB

Well-Known Member
Mar 10, 2012
8,665
5,292
313
  • Dec 3, 2022
  • #2,930
oldfiver said:
Paid back weeks ago !
Click to expand...
Why hasn’t the embargo been lifted?

EFL need to get their finger out.

Embargoes and Fee Restrictions

The Official home of the English Football League
www.efl.com
 
O

oldfiver

Well-Known Member
Mar 25, 2011
3,758
1,464
163
  • Dec 3, 2022
  • #2,931
shmmeee said:
Any insights into what’s going on? King still going ahead as far as you know?
Click to expand...
All I know is things still at EFL who are not known for quick decisions
 
Reactions: shmmeee

slowpoke

Well-Known Member
Apr 24, 2015
8,648
5,808
263
  • Dec 3, 2022
  • #2,932
oldfiver said:
All I know is things still at EFL who are not known for quick decisions
Click to expand...
Think the EFL do a lot more digging than we think.
 

MalcSB

Well-Known Member
Mar 10, 2012
8,665
5,292
313
  • Dec 3, 2022
  • #2,933
oldfiver said:
All I know is things still at EFL who are not known for quick decisions
Click to expand...
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

Well-Known Member
Nov 24, 2012
41,101
23,439
313
  • Dec 3, 2022
  • #2,934
slowpoke said:
Thought that had been sorted
Click to expand...
And me in fact I’m pretty sure it has
 

COVKIDSNEVERQUIT

Well-Known Member
May 27, 2016
7,913
5,004
313
The Cayman Islands.
  • Dec 3, 2022
  • #2,935
Sky Blue Pete said:
And me in fact I’m pretty sure it has
Click to expand...

Payments paid instalments, December being the last payment.
 
W

wingy

Well-Known Member
Jul 9, 2011
41,676
11,828
263
  • Dec 3, 2022
  • #2,936
While they don't have to, Gilbert states that they haven't confirmed that a contract has been signed.
 

letsallsingtogether

Well-Known Member
Jun 30, 2012
15,283
5,626
313
coventry
  • Dec 3, 2022
  • #2,937
slowpoke said:
Think the EFL do a lot more digging than we think.
Click to expand...
Really? if they dig far enough they may get themselves out of the shit they have around them.
 
O

oldfiver

Well-Known Member
Mar 25, 2011
3,758
1,464
163
  • Dec 3, 2022
  • #2,938
COVKIDSNEVERQUIT said:
Payments paid instalments, December being the last payment.
Click to expand...
See above!
 

Sky_Blue_Dreamer

Well-Known Member
Aug 16, 2018
19,692
15,195
313
  • Dec 3, 2022
  • #2,939
COVKIDSNEVERQUIT said:
Payments paid instalments, December being the last payment.
Click to expand...
So would that mean the statement during the King takeover that the club was debt-free was not true.
 

ccfc922

Well-Known Member
Mar 5, 2022
2,285
1,136
313
  • Dec 3, 2022
  • #2,940
Is this Storey fella a complete nutcase or what? His Wiki suggests he makes a lot of shit up?
 
Reactions: Paul Anthony
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