65% < 75% - MM on his way!

[Melton Fox]

its p***ed me off with this rival bid now though, shareholders will be split, which will make it harder for MM and he might think its not worth it

To be honest, I'm sickened and appalled by the thought of this.

Wait for somebody to show an interest in the club, let them spend half a mill on due dilligence, wait for an offer showing the true value of the club, gain the inside knowledge, then quit and form a rival bid with all of MMs collated info.

If it's true, it's disgusting tactics. They know all the details of their opponents bid, what the club don't like about it, then tailoring in it to win the club over.

I hope it isn't true

 

[Feriol]

There may not be a rival offer, that was just rumour aswell

Foxes Trust have had a meeting with a potential rival. there has been no conformation of an actual bid though, so it might not materialise.

 

[fcukcov]

Foxes Trust have had a meeting with a potential rival. there has been no conformation of an actual bid though, so it might not materialise.

the whore of lcfc......

 

[Feriol]

To be honest, I'm sickened and appalled by the thought of this.

Wait for somebody to show an interest in the club, let them spend half a mill on due dilligence, wait for an offer showing the true value of the club, gain the inside knowledge, then quit and form a rival bid with all of MMs collated info.

If it's true, it's disgusting tactics. They know all the details of their opponents bid, what the club don't like about it, then tailoring in it to win the club over.

I hope it isn't true

All they will acheive is, dragging this sorry saga on even longer.

 

[newtonfox]

the whore of lcfc......

your dead right leroy

 

[OldGit]

Foxes Trust have had a meeting with a potential rival. there has been no conformation of an actual bid though, so it might not materialise.

Shareholders - not just FT

And a "rival bid" too is supposition. We don't know who it was that called the meeting or what they wanted to talk to the shareholders about. It could just as easily been to discuss "wtf can we do if the MM bid collapses?" meeting. Or whatever.

 

[Melton Fox]

Shareholders - not just FT

And a "rival bid" too is supposition. We don't know who it was that called the meeting or what they wanted to talk to the shareholders about. It could just as easily been to discuss "wtf can we do if the MM bid collapses?" meeting. Or whatever.

That would be the code name for the meeting no doubt

 

[Feriol]

Shareholders - not just FT

And a "rival bid" too is supposition. We don't know who it was that called the meeting or what they wanted to talk to the shareholders about. It could just as easily been to discuss "wtf can we do if the MM bid collapses?" meeting. Or whatever.

i thought the shareholders met wednesday, and the FT had a meeting thursday?

 

[Jimmy Lad]

The 'shareholders will get all their money back' is something from the distant past (in relative terms). Under his last offer they had no chance of getting more than 20% of their money back.

This is not true. There is a chance that the shareholders will get all their money back... under certain circumstances.

Let's also put a little balance to the argument:

1. MM is a very good businessman & has played the media brilliantly without the board or shareholders having any right to reply.
2. Did the board block the Joey deal? Simple answer is no.
3. Despite the popular belief on here, the remaining board & shareholders are not out to line their own pockets. They are out to get the best possible deal for the future of the club.
Is MM a Leicester fan? No.. So why would he be interested in us?
4. Has MM comitted to put £25 million into club. Nothing like it. Someone suggested buying David Dunn for £3 million... that would see most of his commitment spent!

In any event let's just hope that whatever the outcome it is the best for LCFC. The people responsible for our club & the owners of it have it's best possible future at heart. Don't believe any different.

Finally I will add that I personally hope MM does take control but just wanted to try & balance the argument slightly.

 

[BOB HAZELL]

To be honest, I'm sickened and appalled by the thought of this.

Wait for somebody to show an interest in the club, let them spend half a mill on due dilligence, wait for an offer showing the true value of the club, gain the inside knowledge, then quit and form a rival bid with all of MMs collated info.

If it's true, it's disgusting tactics. They know all the details of their opponents bid, what the club don't like about it, then tailoring in it to win the club over.

I hope it isn't true

My sentiments exactly, MF. Absolute disgrace.

 

[Micky]

sorry if i am covering old ground but who is thought to be making the rival bid?? Tim Davies, Greg Clarke.....???

 

[Micky]

My sentiments exactly, MF. Absolute disgrace.

are you privvy to any info that you can share bob?

 

[highland fox]

Look nowhere have I actually officially seen that this deal is off, it is all hearsay and rumour as is everything that has been said so far about this takeover.

Lets all try to take a step back (i know its hard when it is our club at stake) and just let it run its course, whatever we do here is not gonna change what happens in that boardroom.

no offence to Boc or anybody else but I gave up taking any notice of what anyone said on here about thre takeover weeks ago.We are all with one or two exceptions totally in the dark

 

[fcukcov]

no offence to Boc or anybody else but I gave up taking any notice of what anyone said on here about thre takeover weeks ago.We are all with one or two exceptions totally in the dark

I tend to agree even usually "reliable" sources seem to have wilted in this climate.

 

[highland fox]

I tend to agree even usually "reliable" sources seem to have wilted in this climate.

I think the ones who may know things can't post it anyway

 

[fcukcov]

I think the ones who may know things can't post it anyway

it would make sense tbh.

 

[Chrysalis]

i agree, i can't see MM walking away. i think another 10% should be within his reach with an improved offer.

its p***ed me off with this rival bid now though, shareholders will be split, which will make it harder for MM and he might think its not worth it.

Earlier on in proceeding i would have welcomed a rival bid, if for nothing else, as a bargaining tool. but now its just crashing the party and prolonging things.

I agree with you, competition is good but a last minute bid when we already had all these delays is very rogue and I dont like the way its been done. Even if MM ups his offer I think he is now going to struggle to get the votes as the 35% may well be turning him down now unconditionally.

 

[Chrysalis]

My sentiments exactly, MF. Absolute disgrace.

I have the feeling this is exactly whats happened.

 

[drew]

http://boards.rivals.net/default.asp?sid=889&p=16&style=1&forumId=3142&action=1&replytoid=530033232

A glimmer of hope.

 

[Graz]

Guess what? The FT have recieved the bid document from MM!


Foxes Trust Statement
Written by Foxes Trust Board
Saturday, 10 February 2007

The Foxes Trust Board confirms receipt of a document from Leicester FC relating to the takeover bid of Milan Mandaric.

This document has a requirement to give a written commitment to the sale of the Trust’s shares to Milan Mandaric within a limited time frame.

The Trust is currently completing it’s evaluation of the document.

During the last week the Trust Board, as well as holding it’s own board meeting, has attended a further two meetings.

On Wednesday night, LCFC shareholders had the opportunity to listen directly to Milan Mandaric as he outlined his plans for the future of the club and answered questions. Most of the Trust Board attended this meeting and raised several points

On Thursday night, several of the Trust Board along with a number of shareholders attended a meeting at Grace Road where a discussion took place on alternative options to the Mandaric bid, again Trust Board members contributed to the discussions.

Due to the confidential nature of each meeting, as outlined by the organisers in both cases the Trust Board cannot reveal in any greater depth the content of each meeting at this time.

Attendance of both meetings was vital for the Trust Board as the final stages of deciding whether to back the Mandaric bid.

The Trust Board will announce it’s decision within the next 48 hours.






Good stuff, sounds positive to me! Was just read out on RL.