[theo_luddite]

https://www.htafc.com/news/2023/march/cl...ownership/

In a nutshell, Deano completed getting the 75% shares off skint Phil then flipped the lot to the Yanks, subject to the usual formalities.

Hopefully that takes Administration off the table.

[SHEP_HTAFC]

Would love to know who these yanks are......do they have money behind them?

[theo_luddite]

Rumoured (on DATM) to be former San Diego Chargers owner Jay John Moores, who failed to take over Nottm Forest a few years back.
So another Forest reject then?
Also rumoured from somewhere DH has walked away from £40 million of "loans".

---

I've since found a reference to that money on The Daily Heil and Grauniad websites.

[theo_luddite]

The Moores rumour appears to be being reined in, no alternatives yet offered that I've stumbled across.

[Lord Snooty]

Is it just coincidence that's we're being bought out by Americans just as the Glazers are selling up at Man Utd?

They obviously love English football. 

[theo_luddite]

Preferable (I think, at the moment anyway) to Chinese and Arabs in my opinion.

[jjamez]

So what do we know about this then?

[theo_luddite]

Most appear to be quoting this article - https://www.dailymail.co.uk/sport/footba...-Town.html

Though how or why the Daily Heil would know Deano is apparently walking away from a significant chunk of his millions and the local lot wouldn't is anyone's guess. Then again ...

A tweet from Alan Nixon of The Scum fame has also been referenced that says they are "football people with money". Not seen that on his Twatter account to be honest but he seems to only have a few tweets loading at a time.

Beyond that, the story goes from "Americans" to "North Americans", which broadens it out to the whole continent these days to anywhere north of South America, though Central America never was a continent that I recall. https://en.wikipedia.org/wiki/List_of_No...population

Take your pick.

[theo_luddite]

PS - as long as the words "Venture Capital" or something similar don't filter out of the woodwork in the near future, I won't be too worried.

Though what Vulture Capitalists would see in a club with next to sod all in assets compared to debts (even if Deano is supposedly swallowing most of his) at this moment in time is beyond me. They normally buy someone asset rich but cash poor, rape them of all their assets and lease them back to them, boost the balance sheet to make them look better than they really are (try a few redundancies in the short term to start with) and sell them on at a profit to some other schmuck about 5 years later on who then discovers the real truth about a year after the "guarantees" have all run out and the next set of accounts come out.

[Devongone]

Even a rescued dog gets introduced to his owners.

When a deal is carried out like some county-lines exchange, you can't help wondering about the deal and the people involved can you? But I suppose Big Capital isn't even surprised - so maybe it's just how things are.