Guest wilyfox Posted July 22, 2014 Share Posted July 22, 2014 R we ratarsed yet or what? Link to comment Share on other sites More sharing options...
Nookiebear Posted July 22, 2014 Share Posted July 22, 2014 Any one who thinks there isn't something wrong is a bit thick tbh I'm not saying it won't happen but summat isn't right and I don't give a roger how long it took lester to get ratified Link to comment Share on other sites More sharing options...
kobayashi Posted July 22, 2014 Share Posted July 22, 2014 He didn't need to be ratified. He is and was already known to the FL and was owner of Leicester city You sure? His deal to buy SWFC had nothing to do with Leicester, so why would his financial plans forSWFC not need consideration. John Ryan who ran Doncaster for years, and who still owns 25% of the company, had to have his deal ratified. Link to comment Share on other sites More sharing options...
RichieB Posted July 22, 2014 Share Posted July 22, 2014 You sure? His deal to buy SWFC had nothing to do with Leicester, so why would his financial plans forSWFC not need consideration. John Ryan who ran Doncaster for years, and who still owns 25% of the company, had to have his deal ratified. Maybe he did go through a shorter process seeing as they already knew him and he did it in the background after he took us over. Not hard is it. Link to comment Share on other sites More sharing options...
owlse Posted July 22, 2014 Share Posted July 22, 2014 You sure? His deal to buy SWFC had nothing to do with Leicester, so why would his financial plans forSWFC not need consideration. John Ryan who ran Doncaster for years, and who still owns 25% of the company, had to have his deal ratified. positive Link to comment Share on other sites More sharing options...
owlse Posted July 22, 2014 Share Posted July 22, 2014 the thing is the ratification is a simple processes once all relevant documentation is presented, it takes time lots of it as shown by other ratifications Link to comment Share on other sites More sharing options...
kobayashi Posted July 22, 2014 Share Posted July 22, 2014 Maybe he did go through a shorter process seeing as they already knew him and he did it in the background after he took us over. Not hard is it. Funny that because we keep being told that it is hard and always takes months! Link to comment Share on other sites More sharing options...
kobayashi Posted July 22, 2014 Share Posted July 22, 2014 positive Ok...just out of curiousity could you post a link to, or paste a copy of, the FL rule exempting previous club owners from the ratification process. Link to comment Share on other sites More sharing options...
RichieB Posted July 22, 2014 Share Posted July 22, 2014 Funny that because we keep being told that it is hard and always takes months! Use your head, each takeover is different and each one will take the time it needs to take. Milan Mandaric is well known to the football league, hafiz mammadov isn't. It's clearly taken John Ryan the time it's taken because they were scrambling around for funds, when Milan takes over, he already has them there and then. This deal will take as long as it takes. We have seen in the past these things CAN take time and this one clearly is. It's not rocket science. But you believe what you want, I'm just looking forward to championship football very soon. And if this deal doesn't happen, then I'm still looking forward to championship football, that ok for you? Link to comment Share on other sites More sharing options...
Road Runner Posted July 22, 2014 Share Posted July 22, 2014 You sure? His deal to buy SWFC had nothing to do with Leicester, so why would his financial plans forSWFC not need consideration. John Ryan who ran Doncaster for years, and who still owns 25% of the company, had to have his deal ratified. John Ryan owned Donny yes, the one direction lad didn't so the process had to start again. Uk football investments owned Leicester, and went onto own Wednesday with no new investors - no need for ratification. Link to comment Share on other sites More sharing options...
Guest Big Guns Posted July 22, 2014 Share Posted July 22, 2014 The it's all well and good brigade are crackers They can't even answer questions properly Link to comment Share on other sites More sharing options...
owlse Posted July 22, 2014 Share Posted July 22, 2014 (edited) the quickest ratification process was around 4 weeks for Charlton's Roland Duchatelet here is a quote from him on the process “The process was actually quite straightforward, as long as you have the answers to the League’s questions. None of them were particularly difficult. They (the League) just want to understand whether you have got the money to finance the club’s business plan, as they don’t want their clubs to end up in administration a few months after they have approved a takeover as it would be very embarrassing for them. “Nearly all Championship clubs need extra funding to help them balance their books. So, the League doesn’t sign off any takeovers unless you can show them that you have got enough money to meet the club’s financial commitments, as well as showing them where that money has come from. “This meant us providing financial details of all the companies involved in the group so that we could prove that we could meet the financial projects we gave to the League. “We also had to provide letters showing that we could call upon that funding, as and when the club needed it. You have obviously got to meet the fit and proper persons’ test too, but that’s essentially self-certification against published criteria. “As long as you haven’t got anything in your background that would lead to you being disqualified, it is relatively simple. “In our case, we could supply everything the League asked for pretty much straight away and the takeover was approved in around a month.†as was said earlier by someone hows will be a little mit more complicated with the paperwork been from Azerbaijan Edited July 22, 2014 by owlse Link to comment Share on other sites More sharing options...
owlse Posted July 22, 2014 Share Posted July 22, 2014 Ok...just out of curiousity could you post a link to, or paste a copy of, the FL rule exempting previous club owners from the ratification process. the only process i think that would have been needed is the fit and proper persons test and this is a simply self certification document Link to comment Share on other sites More sharing options...
RichieB Posted July 22, 2014 Share Posted July 22, 2014 I'm almost at the point where I'm past caring now. If it happens it happens, if it doesn't it doesn't. I'm not worried though tbh I still think it will go through....eventually. Link to comment Share on other sites More sharing options...
owlse Posted July 22, 2014 Share Posted July 22, 2014 I'm almost at the point where I'm past caring now. If it happens it happens, if it doesn't it doesn't. I'm not worried though tbh I still think it will go through....eventually. see my positivity is rubbing off on you Link to comment Share on other sites More sharing options...
Past Member Posted July 22, 2014 Share Posted July 22, 2014 (edited) as was said earlier by someone hows will be a little mit more complicated with the paperwork been from Azerbaijan I think you're right, I hear that the Azerbaijan Carrier Pigeon Service is very slow. If only the multi millionaire international business men there would learn to use fax machines, email and courier services Edited July 22, 2014 by zzmdu Link to comment Share on other sites More sharing options...
RichieB Posted July 22, 2014 Share Posted July 22, 2014 see my positivity is rubbing off on you Link to comment Share on other sites More sharing options...
owlsincefifties Posted July 22, 2014 Share Posted July 22, 2014 We were in Division 1 when Milan bought us and I do not think these same rules applied at that time. Link to comment Share on other sites More sharing options...
owlse Posted July 22, 2014 Share Posted July 22, 2014 I think you're right, I hear that the Azerbaijan Carrier Pigeon Service is very slow. If only the multi millionaire international business men there would learn to use fax machines, email and courier services its not a case of transfer of them , but the language and the documents them selfs will be new to the FL they wont be English or EU documents that i would think have some kind of standard Link to comment Share on other sites More sharing options...
Past Member Posted July 22, 2014 Share Posted July 22, 2014 its not a case of transfer of them , but the language and the documents them selfs will be new to the FL they wont be English or EU documents that i would think have some kind of standard "What do you mean, the whole of the world doesn't speak Azerbaijani. How can this be, what language do they speak in this country called England?" Link to comment Share on other sites More sharing options...
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