Official Statement - Taylor Steps Down

[PFKAKTF FOX]

I wish I had your optimism (?spelling), I think with the two of them resigning places the deal more jeopardy!!

It depends on who and what they are unhappy with / about

 

[Naughty Fox]

But it doesnt, it was necessary, certainly in the case of Taylor to facilitate the deal.

Fair do's if that is the info you have been told, I just hope the shareholders agree!!

 

[Durham Fox]

Im not posting on this again.

 

[Babylon]

I F'ING HATE THIS CLUB..... ARRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRGH.


Sorry I needed to let that out.

 

[Babylon]

Im not posting on this again.

Phe the plan worked he's off

 

[homer]

Im not posting on this again.

If only others would follow your example

 

[Naughty Fox]

It depends on who and what they are unhappy with / about

As a shareholder would you be told that, I doubt it.
Maybe as Duzza says the deal might not even be going to the shareholders if AT was still there, but shareholders would have had alot more piece of mind IMO if the bid had the backing of everybody, the first one to resign is a blip and could be taken as opinion, but with two more going I feel it raises alot of concern?

 

[Durham Fox]

As a shareholder would you be told that, I doubt it.
Maybe as Duzza says the deal might not even be going to the shareholders if AT was still there, but shareholders would have had alot more piece of mind IMO if the bid had the backing of everybody, the first one to resign is a blip and could be taken as opinion, but with two more going I feel it raises alot of concern?

I never said that!!

 

[PFKAKTF FOX]

Im not posting on this again.

Mardy fecker :icon_lol:

 

[homer]

I never said that!!

Broke your rule already :icon_roll

 

[Durham Fox]

Phe the plan worked he's off

I sought a second opinion from my newly delivered blinking monkey, hes sitting on the fence currently, in a stare off. Until he blinks I will continue :icon_lol:

 

[PFKAKTF FOX]

I sought a second opinion from my newly delivered blinking monkey, hes sitting on the fence currently, in a stare off. Until he blinks I will continue :icon_lol:

And again !!!

 

[bocadillo]

Can anyone shed any light on this:

If they have both resigned due to the fact the offer is poor and they feel they cannot recommend it to the shareholders and therefore are unwilling to sell their shares. Are their combined total of 663,000 shares I think enough to cause any significant problems in MM being able to obtain 90% or 75% of the shares??

Nobody can own more than about 5% of the shares of the Club. Andrew Taylor owns about half of the maximum allowed. There is therefore no way that these two alone could prevent MM from buying 90% of the shares.

 

[Durham Fox]

Nobody can own more than about 5% of the shares of the Club. Andrew Taylor owns about half of the maximum allowed. There is therefore no way that these two alone could prevent MM from buying 90% of the shares.

Let alone the 75% he wants.

 

[Naughty Fox]

Nobody can own more than about 5% of the shares of the Club. Andrew Taylor owns about half of the maximum allowed. There is therefore no way that these two alone could prevent MM from buying 90% of the shares.

But what stake do the three of them hold, plus thier resignations would IMO make a few shareholders think twice, makes it touch and go from where I sit.

 

[homer]

Let alone the 75% he wants.

And yet again he does it :icon_roll

 

[Naughty Fox]

I never said that!!

Sorry Duzza that is how I took your comments.
I will let you go back to your silence now :icon_wink

 

[bocadillo]

But what stake do the three of them hold, plus thier resignations would IMO make a few shareholders think twice, makes it touch and go from where I sit.

The three of them hold more than 10% of the shares, but much less than 25%. MM is only seeking 75% at the moment.

You might also like to rememeber that the FT wants to hang on to their shares. The questions then becomes whether enough of the others would "think again" and join with this group if they attempted to stop MM getting that 75%.

 

[Melton Fox]

The questions then becomes whether enough of the others would join with this group if they attempted to stop MM getting that 75%.

But if they are thinking about the long tem success of the club, then we are worrying about nothing. They will sell.

They are not arrogant enough to think they are the long term successful future

 

[M17TT C]

Nobody can own more than about 5% of the shares of the Club. Andrew Taylor owns about half of the maximum allowed. There is therefore no way that these two alone could prevent MM from buying 90% of the shares.

Cheers Boc, what about James Johnson fella (that other person who quit)? Although I suppose between them they can have a maximum of 15% and as you say AT only has half the max, so we should be OK, as long as these 3s decision to quit doesn't affect other shareholders decision and decide not to accept.