New owner confirmed…

N

 

What's the issue?

 

Who are these people and how the flipping eck do they know?

 

What's with all the need for details Kemps.

He said "a few people" that seems legit to me.

I mean it's not like Woodward and Bernstein got themselves all caught up in details and sources is it.

 

I 'know' absolutely sod all about the actual goings on, but I seem to recall previously, that anyone wanting to look at the books etc, needed to pay a non-returnable deposit first.

If that's correct, I'm not sure 'paying a deposit' would mean much either way, beyond them showing a serious intent to buy, if the books match the asking price.

 

I've got over a thousand books on my tablet so if anyone wants to pay me a non-returnable deposit to look, please feel free.

 

Have you been following this thread at all?

 

You could have those books in paper version, if only you could learn to not eat the crayons.

 

As a seller I'd be more interested in proof of funds over a deposit.
As a buyer with access to a full set of accounts for a company/ies registered at Companies House, should ensure a concise Heads of Terms can be agreed against which I would be prepared to place a nominal non-refundable deposit. This more to show a level of commitment to the seller than for any other reason.
Huddersfield sold recently based on payment of agreed funds over a 5 year term, so not an unusual arrangement were significant debt is being transferred backed by a PG for the seller.
Bottom line is The Allams have demonstrated they drive a hard bargain, so I sincerely hope they do now have a strong intention to sell without which fear we could go back quickly to square one

 

I'd trust anyone's version over mine, I know nothing. I'm simply going by what I think I remember.

 

Same as everyone else on here then.

 

It’s.

 

it's - if you're going to highlight a typo at least get it right

 

So these sources of yours. They came from these pages.

Aye that's concrete then

 

hey now now, this board is better than google.

 

That’s fine, as it won’t make a difference to you, I won’t share anything else. I’ll keep it to myself. Maybe @Howdentiger2 will do the same.

 

We use a Non Disclosure Agreement as a tool to open the door for Due Diligence and that is a two way street. We need proof of funds and will sometimes have to sign an NDA in order to see the proof. A non refundable deposit is used to give exclusivity and/or to weed out time wasters and there is no calculation for the amount.

You are right, DD is only there to give the buyer the ability to test the values already agreed. The buyer asks how much, the seller says this much and the NDA and DD give the buyer the opportunity to see if the values stack up. There is a level of buyer beware in all of this.

 

Utterly bizarre response from him as if I've suddenly made up the information you and Howden have provided.

 

It's the typical response from a couple of posters... If people chose not to believe things posted then that's their choice. I get some stuff right, some stuff wrong and some things in between.