FPP to take full control

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Kittenmittons said:
She couldn't think of a good reason. She also said that FPP Ltd wouldn't have been set up as a flyer or by accident, it was deliberately set up for this on the advice of people paid to make sure it was the right way to do it, and she can't think of a reason to close it if that process is still going on. Even if they were adding more companies to their group.

She didn't say but I suspect she'd add that she doesn't know the ins and outs of this particular deal and I'm not bugging her with it now, she has 7 deals including a Premier League club refinancing to handle.
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Kittenmittons said:
I think she agrees with that. I feel like just adding that she's not a US tax specialist, and she hasn't seen the situation in any detail. But she said that the only reason they would advise to close it would be if they weren't going ahead, or if they had taken over ages ago and restructuring their group for tax purposes.
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Does this mean they'd intended to buy the club?
 
FulwellBri said:
I have no doubt we will be taken over, dont know when or who but it will happen.
Football is the new Hollywood and apart from maybe the usa the world cant get enough and especially the british version.
All I ask ( and reasonably expect ) is the EFL does it's due diligence and ensures who ever is poking and prodding around passes the fit and proper person(s) criteria.
I dont want any more flyboy, tyre kicking chancers whose personality and negotiating skills have been honed from the pages of 20th century autotrader.
While it was nice to dream there was never a chance we would end up the ne version of city on steroids.
Even if we got new owners next week I believe it will take at least another 5 years before premier league stability would ever be possible.
Clubs can have short term success ..look at sheff utd at the moment, but I believe it will be short lived.
Bournemouth and WHU are looking very poorly. Watford, Southampton, brighton are all having to punch above their weight to keep their head above water.
In short if you arent part of the big 6 or 7 you are always on the cusp of being dragged into a relegation stoush.
Fans expect money to be spent based upon the Aladdin's cave of EPL television rights.
Fact is you need tv money just to pay things like wages and other operating costs.
People need to get a sense of perspective and reality
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Are you sure you actually like football ...

... that's quite a miserable post tbh.
 
Smug in Boots said:
In which case I don't quite understand what's meant by this, 'the only reason they would advise to close it would be if they weren't going ahead'.
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Because the option on the table now is not to purchase some equity or use a convertible loan that would open that possibility up in future, it's to buy a majority stake only, right now, or someone else will.

This move indicates they will not be taking any equity in the club, unless they are going against the advice of the extremely reputable people they hired to tell them the best way to do it.
 
Kittenmittons said:
Because the option on the table now is not to purchase some equity or use a convertible loan that would open that possibility up in future, it's to buy a majority stake only, right now, or someone else will.

This move indicates they will not be taking any equity in the club, unless they are going against the advice of the extremely reputable people they hired to tell them the best way to do it.
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Ah right.

The reason I'm not understanding is that you've gone from talking about buying the club, in posts, to it etc being 'equity' without making a distinction.

"She said that they wouldn't be buying a UK company with a US company. That's pretty much as good as you're going to get on this one."

"She also said if they were buying us, they'd likely also set up other companies around the holding company rather than just one,"
 

"She also said if they were buying us, they'd likely also set up other companies around the holding company rather than just one"

Maybe they have set up the other companies and, as this one is high profile just dissolved it .. Anything could be happening as SD seems to have learnt to keep stum this time around, and conduct his activities in private rather than have us lot having bun fights over the internet..
 
sad-eyed prophet said:
:emoticon-0102-bigsm :emoticon-0102-bigsm See what I mean.
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So by rebuking you for saying you believe I am miserable and dont like football you feel vindicated??
English literacy is not your strong point.
Basically your sort view that because I am not a sheep and dont pander to smug I am therefore miserable?
I am not allowed views of my own.
I dont like donald, so I don't like football.
That puts me in the same boat as thousands of others .
I dont glorify football violence ..oh dear I must hate football.
Etc etc.
Be brave man, have some ideas of your own. Dont seek approval of others.
You will feel liberated.
I wont put in an emoji to try and add gravitas to my points. Although your sort clearly believe they add something
 
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Smug in Boots said:
Ah right.

The reason I'm not understanding is that you've gone from talking about buying the club, in posts, to it etc being 'equity' without making a distinction.

"She said that they wouldn't be buying a UK company with a US company. That's pretty much as good as you're going to get on this one."

"She also said if they were buying us, they'd likely also set up other companies around the holding company rather than just one,"
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For the purposes of the company involved, it doesn't matter if they take 10% or 100%, they would use an SPV like FPP Ltd to purchase whatever entity they were acquiring a stake in. The latter paragraph refers to the distance people are advised to keep between themselves, their SPV company, and their target acquisition.

Lots of reasons why, some applicable, some probably less so in our case, but from what she said it's pretty basic stuff, not something that would differ between the companies giving the advice.
 
Jme said:
"She also said if they were buying us, they'd likely also set up other companies around the holding company rather than just one"

Maybe they have set up the other companies and, as this one is high profile just dissolved it .. Anything could be happening as SD seems to have learnt to keep stum this time around, and conduct his activities in private rather than have us lot having bun fights over the internet..
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Yeah maybe, but we'd know if they had as they'd appear as directors. There's also zero reason to do so that she can see.
 
FulwellBri said:
So by rebuking you for saying you believe I am miserable and dont like football you feel vindicated??
English literacy is not your strong point.
Basically your sort view that because I am not a sheep and dont pander to smug I am therefore miserable?
I am not allowed views of my own.
I dont like donald, so I don't like football.
That puts me in the same boat as thousands of others .
I dont glorify football violence ..oh dear I must hate football.
Etc etc.
Be brave man, have some ideas of your own. Dont seek approval of others.
You will feel liberated.
I wont put in an emoji to try and add gravitas to my points. Although your sort clearly believe they add something
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I feel vindicated because post after post you make supports my assertion. :emoticon-0103-cool:
I don't use emojis to add gravitas.:emoticon-0142-happy
And,I feel very comfortable with who I am, and I won't be taking any advice from " your sort". :emoticon-0105-wink:
 
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Kittenmittons said:
Yeah maybe, but we'd know if they had as they'd appear as directors. There's also zero reason to do so that she can see.
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You're assuming they are going to be the Named Directors though.. in essence we know nothing apart from SD is trying to sell the club.
I can think of thousands of reasons ... “US LOT”
 
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Somebodys pinched my sombrero said:
What a load of ****e!
Yes, he’s got us financially stable, but the bloke is an absolute car crash. £40m he paid for Joelinton? Aye, right.
Dennis Wise buying players for Keegan?
Sports Direct arena?
Joe Kinnear? (twice)
Too thick to recognise ffs <doh>
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At one point doubled the club debt.
Relegated more times than any previous owner in our history.
Alienated a significant section of the hardcore supporter base.

We’re not financially stable at all, we’re more reliant on him than ever.
 
Every day this place is becoming more like RTG, ****in sad mags posting on this thread now about that nasty man Ashley.

Stick to your own forums you sad acts.
 
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