So here’s another take on the takeover and in particular the reason why the accounts have not been published. Let’s say the takeover is blocked which it might be. What’s the next step. Ashley still wants to sell the club and it would be to someone else who has not agreed 350m. The accounts will no doubt he seriously negative and not warrant a valuation anywhere near 350m. So it has a serious impact on any future takeovers. Meaning Ashley will lose an absolute fortune. It really is this takeover or bust.
Nobody will buy the Club without looking at the latest figures including internal figures. If accounts are delayed then Buyer will simply wait for them to be published before proceeding. Any reduction in agreed price with Saudi’s could potentially be a compensation claim by Mikey against the Premier League.
I might be wrong on this one but I think they have agreed the sale price at 350m regardless of the accounts. I’m talking about future offers from non pif involvment. The accounts must be horror show!
Surely that fat man would still claim compo if any takeover regardless of whom they are of it's less than the originally agreed price?
Sorry my response probably not clear but so was I. If new buyer then a) they would want all upto date financial information and b) if new sale price less than what Saudi’s have agreed then Mikey could possibly claim against PL for loss. That all depends upon PL being shown to have acted inappropriately first time round.
Yes indeed. This makes me slightly concerned that MA is not so confident about ARB. If he was. He would release the accounts. It’s squeaky bum time now isn’t it.
