Takeover Latest !

[Durham Fox]

Posted by the FT on Rivals Site :


How many more times do we have to state the Trust is not trying to block the deal.

We have asked some sensible questions, yes.

We have not said, "it's Mandaric he seems a nice bloke with some dosh", no.

But that doesn't mean we would vote against the deal. On the basis it the best way forward for the club and we don't see alternatives that are better currently, then we will back it.

On the same basis, if some existing shareholders wanted to put forward an alternative to MM, we have a list of questions to be answered again particularly focusing on the long term.

In terms of not challenging the present regime over things, we have done that consistently throughout, just not via media channels and message boards. Those questions have been asked face to face, be it in one to one meetings or in the LCFC boardroom via the Observer.

Some ideas we have failed to convince the club at first, eg one year kit deals - although we think a 2 year cycle will return from next season. (We have already raised this topic with MM's rep as well, informing him if you want some quick fan wins, that is one to put in place.)

We also successfully opposed removing the ST's shop discount which was first mooted 3 years ago until this season and that has now been re-instated for this season (albeit with certain conditions). We haven't made a song and dance about protecting this discount previously, just been happy that we persuaded the club to re-think.



Interesting comments, could this mean that there is a possible alternative being discussed

Good news if so IMO, however it means the MM deal is dead as he insisted on exclusivity

 

[PFKAKTF FOX]

Good news if so IMO, however it means the MM deal is dead as he insisted on exclusivity

Not necessarily, bear in mind this is existing shareholders so it could be an alternative that has been discussed behind closed doors, should the Mandaric deal break down.

 

[Durham Fox]

Not necessarily, bear in mind this is existing shareholders so it could be an alternative that has been discussed behind closed doors, should the Mandaric deal break down.

I guess you are right. Cant wait for the news the MM deal is dead and as an alternative the exisiting shareholders have decided to 'pough in' the money to clear our overdraft or similar

 

[PFKAKTF FOX]

I guess you are right. Cant wait for the news the MM deal is dead and as an alternative the exisiting shareholders have decided to 'pough in' the money to clear our overdraft or similar

If the MM deal does fall through, and at present I suppose we must assume it hasn't until told otherwise, then I would not be surprised to see the wealthier shareholders, instead of increasing their existing investment under the current agreement, make an alternative offer to buy the club, with somebody like Martin George returning as Chairman, which would still be my preferred option.

 

[newtonfox]

If the MM deal does fall through, and at present I suppose we must assume it hasn't until told otherwise, then I would not be surprised to see the wealthier shareholders, instead of increasing their existing investment under the current agreement, make an alternative offer to buy the club, with somebody like Martin George returning as Chairman, which would still be my preferred option.

100% agreed

as to your post about the FT they konw nothing as do none of us at this time it would seem as if the walkers has had a roof put on and nothing is getting out

 

[PFKAKTF FOX]

100% agreed

as to your post about the FT they konw nothing as do none of us at this time it would seem as if the walkers has had a roof put on and nothing is getting out

Newts, do you think the MM deal is still a possibility or is it possible that the silence from the club indicates that Plan B is being put into action ???

 

[newtonfox]

Newts, do you think the MM deal is still a possibility or is it possible that the silence from the club indicates that Plan B is being put into action ???

i still believe the deal is on and believe MM's mother is very ill anyone know the phone number of the hospital she's in ,let face it if it was your mother that had fell at the age of 86 you would want to be by her side or move her to a priavte hospital as your son is loaded i know i would :icon_wink

 

[Boy Genius]

If the MM deal does fall through, and at present I suppose we must assume it hasn't until told otherwise, then I would not be surprised to see the wealthier shareholders, instead of increasing their existing investment under the current agreement, make an alternative offer to buy the club, with somebody like Martin George returning as Chairman, which would still be my preferred option.

will never happen.... he has had ample opportunities to do this if he had wanted to.

 

[Redditch Fox]

i still believe the deal is on and believe MM's mother is very ill anyone know the phone number of the hospital she's in ,let face it if it was your mother that had fell at the age of 86 you would want to be by her side or move her to a priavte hospital as your son is loaded i know i would :icon_wink

I don't think that any sensible person ever thought that MM's mother wasn't very ill.

However, that doesn't mean that this is a temporary break in negotiations - instead it has all the appearance of a potential deal that has been wrecked by problems on both sides.

The assurances of the FT above don't carry any conviction with me. The MM initiative represented the best chance of Leicester City moving forward and the posturing by the FT helped to spoil the atmosphere by creating a niggling approach when the bloke possibly needed to be rassured by some enthusiasm. The club itself, of course, is so hopelessly run that it could mess up anything.

 

[Durham Fox]

100% agreed

as to your post about the FT they konw nothing as do none of us at this time it would seem as if the walkers has had a roof put on and nothing is getting out

which suggests to me its fallen through

 

[Real Sharapova]

which suggests to me its fallen through

The roof?! Blimey, things are going from bad to worse!

 

[western road]

I have bad feelings about this, yes his mum is ill, but throughout M.M has had his lawyers and advisors doing his bidding, you dont pay out the sort of money he has spent to do the job himself. After all not many moneymen have the knowledge to make many business arrangements, let alone conduct a takeover without their entourage.

 

[Real Sharapova]

I have bad feelings about this, yes his mum is ill, but throughout M.M has had his lawyers and advisors doing his bidding, you dont pay out the sort of money he has spent to do the job himself. After all not many moneymen have the knowledge to make many business arrangements, let alone conduct a takeover without their entourage.

For what it's worth,I think MM is struggling to come up with the money.

 

[newtonfox]

which suggests to me its fallen through

not yet it has not

The roof?! Blimey, things are going from bad to worse!

:icon_lol:

For what it's worth,I think MM is struggling to come up with the money.

it could be the money he's waiting for from pompy chairperson

 

[OldGit]

it could be the money he's waiting for from pompy chairperson

Which is funding their "miracle" - see the Guardian article you posted in another thread

 

[Feriol]

On the same basis, if some existing shareholders wanted to put forward an alternative to MM, we have a list of questions to be answered again particularly focusing on the long term.

I Dont think the FT are suggesting this as a reality. i think they were just indicating that they would ask questions of anybody, and have not treated MMs takeover any differently to how they would anybody else.

 

[newtonfox]

Which is funding their "miracle" - see the Guardian article you posted in another thread

but the bit i posted was IMO the other is the press :icon_wink

 

[newtonfox]

I Dont think the FT are suggesting this as a reality. i think they were just indicating that they would ask questions of anybody, and have not treated MMs takeover any differently to how they would anybody else.

ferking hell in that case the club will never be took over :icon_roll

 

[1966]

Most of the teams in our divisiion have spent less than us when you take player sales into account.

It always amazes me that the majority of fans fail to understand this.

 

[drew]

FT was getting us relegated in the 'long term' plans of the current board. Did you ask them if this was the aim?