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Take over is OFF
#11
(24-07-2015, 11:26)BC Baggie Wrote: Suspect I may be in a minority, but I'm absolutely delighted !! Smile

You're not in a minority. As I have mentioned before... Thumb up
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#12
I'm not delighted, to be honest I was hoping for great things to happen and us being able to move on to a bigger and better future.

Having said that - JP has done the right thing and his quote says it all:

“I entered into an exclusivity arrangement in good faith after agreeing terms for the sale but it is now clear to me that this potential purchaser is unable to fulfil the terms of that agreement at this time.”


Time to sign some players and boost our appeal to potential buyers Jeremy
I can go a step higher than Aston Villa
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#13
What exactly does that mean ?
They won't give me £150 million for the 88% shares in the club that you the fans have paid me to buy out of my £1.2 million pay per year or...
I am not happy that this sale is in the best interest of the club ?
FFS Jeremy you owe us a bit more of an explanation than that eh ?
Not like we haven't signed anyone and we are all getting a bit twitchy !!!
Angry
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#14
JP doesn't OWE us any explanation.

Fans need to realise that that's what we are....fans. We are no more entitled to be privvi to the inner workings of WBA than we are at our local Vue because we pay to see films there.

...and on the transfer front...Adrian Ramos, Ricky Lambert, Abou Diaby, Stephen Caulker, Vicente Iborra and the lad from Forest are targets we have made bids for.
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#15
Disagree tidy,
As fans we are entitled to know, only thing is he isn't actually saying the deal is off but it has stalled as they will not pay the whole price up front.
Think I've got that about right !
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#16
(25-07-2015, 00:36)Squirrel Regis Wrote: Disagree tidy,
As fans we are entitled to know, only thing is he isn't actually saying the deal is off but it has stalled as they will not pay the whole price up front.
Think I've got that about right !

Shareholders are entitled to know, fans arn't. The club may chose to tell us or it may chose not to.

Supporting and owning a club are two different things. It makes no difference to my life if I know or not, as it stands JP has stated that its not in the best interest of the Club to continue negotiations, so, as far as I am concerned thats that.
I'm not entitled to know any more.

People really need to stop looking for excuses to dig at JP. It's really tedious.
drewks, Stairs, 4evaabaggie And 1 others like this post
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#17
In JP we Trust. DD Thumb up Thumb up
Ubique.
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#18
Putting 2+2 together, it appears that the potential buyers didn't have the cash
so JP decided to stop the deal.

He's a hard businessman and considering he's making money hand over fist
anyway, he's in a position to do so.

Although the positive spin 'looking out for the best interests of the club' made
me laugh. But I guess some people will actually believe that...

Personally I'm undecided what is best because despite JP being a tight arse
who is only interested in making money, he will make a lot more with us
in this division and that's why he's made bold decisions in the last few years.
With a new owner, you can get someone who actually tries to push on, or
someone who just bleeds the club of money and doesn't care if you go
down... so it can go either way.

What is apparent is that we've been going backwards over the last 2-3 years
and we've been very fortunate to stay in this league. Our headway in the
transfer market has been terrible so far this summer and it's time to prove
that the takeover really had 'no baring' on transfers like we were told.
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#19
From what I have read, the Chinese stock market crash has knocked 30% off prices and so the Chinese buyer wants to pay some now and some later or with a stock market crash paying £150-£200 million pound for a football club may not be good business sense at the moment ?
Worrying times but don't think JP will be on the phone explaining all to me even though I am a shareholder....
Only one share mind !
Big Grin
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#20
(25-07-2015, 18:51)Squirrel Regis Wrote: From what I have read, the Chinese stock market crash has knocked 30% off prices and so the Chinese buyer wants to pay some now and some later or with a stock market crash paying £150-£200 million pound for a football club may not be good business sense at the moment ?
Worrying times but don't think JP will be on the phone explaining all to me even though I am a shareholder....
Only one share mind !
Big Grin

Sounds logical.

I reckon all clubs that have a Chinese interest will be suffering the same.

We all know what happens after a 'boom'......
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