TFT clearly can buy 39% of the club without KLD’s approval. Clearly we are now at the mercy of the EFL who have shown themselves time and time again to be incompetent. We’ve gone from having an exciting investment lined up to this complete **** show. If this goes through that’s me done with football.
There is nothing stopping this group from buying the 39% shares. KLD cant stop that. Regardless of how much he does or doesnt know about it. Being pissed off at the group doesnt stop the sale of the shares.
aye as far as I know, the only way KLD can guarantee these shares don't go to some charlatan is to buy them himself. and for whatever reason he doesn't want to or isn't able to.
They’d save us all a lot of chew if they just bit the bullet and bought the ****ing club outright tho.
What about the other group? The ultra private group (SERIOUS PEOPLE) who have matched the asking price and is also with the EFL?
Exactly, anyone can bid to buy shares and most owners actively looking to sell would accept the highest offer…however any potential investors will then need to pass the fit and proper test. There’s not a chance this would get through surely. Not after the abuse the EFL have had over the last few years with regards to dodgy owners.
Sorry but if this was the case the club would be saying so. We made a statement saying KLD was buying some shares subject to EFL approval, which then came through 4 weeks later. There's no reason why, if a genuine, good buyer was with the EFL, that we wouldn't know it by now. Not saying they don't exist. but if they're with the EFL then it would be getting made clear sharpish
he said no employees. There are no employees at SAFC who can stop a share purchase. Neither of the sellers are employees