Past Member Posted July 27, 2014 Share Posted July 27, 2014 250 threads of absolute waffle. Link to comment Share on other sites More sharing options...
cross owl Posted July 27, 2014 Share Posted July 27, 2014 01010111011001010010000001100001011100100110010100100000011000010110110001101100001000000101011101100101011001000110111001100101011100110110010001100001011110010010000001100001011100100110010101101110001001110111010000100000011101110110010100111111 ;) Bit sexist mate :-) Link to comment Share on other sites More sharing options...
Guest mkowl Posted July 27, 2014 Share Posted July 27, 2014 I guess we need to know about the FL ratification process. Can you put in prelim docs for example. There does appear to be this additional requirement for the business plan to be scrutinised when a takeover is going through - Link to comment Share on other sites More sharing options...
Guest Steve French Posted July 27, 2014 Share Posted July 27, 2014 250 threads of absolute waffle. Threads of waffle? You'll never sew anything with that. Link to comment Share on other sites More sharing options...
Paul.. Posted July 27, 2014 Share Posted July 27, 2014 But it's still about the money..... it's an old story but unlikley to have gone away .HM 's main business has clearly very significant cash flow issues, and has defauled on contracted payments. You'd suspect that the money will eventually be found from juggling various balls but where SWFC rank in terms of HM's financial priorities none of us can possibly know. You'd have to assume that MM though has had firm assurances to agree to the delay. Of course I'm not trying to imply it's all roses, but Milan's been in international business long enough that like you say he's probably had some kind of assurance even if only verbal and will have a good understanding that even if you're cash light as long as you're asset heavy on something that people are invading other countries for then everything will work out in the long run. Bit sexist mate :-) ;) Link to comment Share on other sites More sharing options...
Guest Steve French Posted July 27, 2014 Share Posted July 27, 2014 01010111011001010010000001100001011100100110010100100000011000010110110001101100001000000101011101100101011001000110111001100101011100110110010001100001011110010010000001100001011100100110010101101110001001110111010000100000011101110110010100111111 ;) There are only 10 types of people in the world, those who understand binary an those who don't. Link to comment Share on other sites More sharing options...
Paul.. Posted July 27, 2014 Share Posted July 27, 2014 There are only 10 types of people in the world, those who understand binary an those who don't. Actually there's 3 (00110011) those who use a binary to English translator ;) Link to comment Share on other sites More sharing options...
Past Member Posted July 27, 2014 Share Posted July 27, 2014 There are only 10 types of people in the world, those who understand binary an those who don't. AZAZAAAZZAZAZZZAAAAZZAZAZAZAZAAZZAZ Link to comment Share on other sites More sharing options...
Guest Steve French Posted July 27, 2014 Share Posted July 27, 2014 Binary jokes tho. Link to comment Share on other sites More sharing options...
Captain Sl-OWL-ly Posted July 27, 2014 Share Posted July 27, 2014 Trying to assess all this and really not sure what to make of it, The sale of a business in very general terms follows stages 1) You put the business up for sale 2) People take an interest but in the main these are timewasters, tyre kickers 3) You get a serious person taking an interest 4) There is preliminary exchange of financial information, basic due diligence, proof of funds, 5) The Heads of Terms are agreed and signed off, an offer price, payment terms etc being part of that 6) The detailed due diligence is undertaken, the sale and purchase agreement document is discussed by the advisory teams, warranties given 7) The agreement is signed off and initial monies possibly put into an escrow account - Exchange of contracts 8) In this case FL ratification will be sought at this stage 9) On FL approval and presumably any other conditional clauses being met then there is Completion The issue here is that on 10th June the inference (and perhaps we all mis-interpreted this) is that we were at or around stage 7 of the process, but it appears that in fact it was only stage 5. The well publicised issues for HM in Azerbaijan and at Lens have inevitably led to a delay in Stage 6. So was Friday's meeting all about stage 7 - not saying to sign off but close to it The fact that there has been a delay is no surprise in the world of business, the process can be a roller coaster. However the communication has not been ideal in this especially with the Wednesday fan base always looking to put 2 and 2 together to make 5 At last a sensible and realistic post ! What the F..k is this doing on Owlstalk ? But seriously, thanks MK... Link to comment Share on other sites More sharing options...
Captain Sl-OWL-ly Posted July 27, 2014 Share Posted July 27, 2014 Is utter tripe the rumen, the reticulum, the omasum or the abomasum? I ain't got the stomach to start answering questions like these ! Link to comment Share on other sites More sharing options...
Past Member Posted July 27, 2014 Share Posted July 27, 2014 Binary jokes tho. They're either absolutley brilliant or absolutlely poo pooe Link to comment Share on other sites More sharing options...
Sam779 Posted July 27, 2014 Share Posted July 27, 2014 At last a sensible and realistic post ! What the F..k is this doing on Owlstalk ? But seriously, thanks MK... He's from Owlsonline. That explains everything we need to know. Link to comment Share on other sites More sharing options...
bigrbuk Posted July 27, 2014 Share Posted July 27, 2014 Trying to assess all this and really not sure what to make of it, The sale of a business in very general terms follows stages 1) You put the business up for sale 2) People take an interest but in the main these are timewasters, tyre kickers 3) You get a serious person taking an interest 4) There is preliminary exchange of financial information, basic due diligence, proof of funds, 5) The Heads of Terms are agreed and signed off, an offer price, payment terms etc being part of that 6) The detailed due diligence is undertaken, the sale and purchase agreement document is discussed by the advisory teams, warranties given 7) The agreement is signed off and initial monies possibly put into an escrow account - Exchange of contracts 8) In this case FL ratification will be sought at this stage 9) On FL approval and presumably any other conditional clauses being met then there is Completion The issue here is that on 10th June the inference (and perhaps we all mis-interpreted this) is that we were at or around stage 7 of the process, but it appears that in fact it was only stage 5. The well publicised issues for HM in Azerbaijan and at Lens have inevitably led to a delay in Stage 6. So was Friday's meeting all about stage 7 - not saying to sign off but close to it The fact that there has been a delay is no surprise in the world of business, the process can be a roller coaster. However the communication has not been ideal in this especially with the Wednesday fan base always looking to put 2 and 2 together to make 5 This should probably be pinned in its own thread - great explanation Link to comment Share on other sites More sharing options...
Bigowl84 Posted July 27, 2014 Share Posted July 27, 2014 Even if the takeover takes another few months worse case scenario we have a bad start to season but then it'll start gettin better once it's been ratified end result remains the same we still have better chances of getting promoted. Bet then I bet ppl complain we don't go season undefeated and then after that ppl complain we don't win every match!!! Link to comment Share on other sites More sharing options...
PremierEngravedGifts Posted July 27, 2014 Share Posted July 27, 2014 We wouldn't have got the land of fire sponsorship if the takeover wasn't nailed on Link to comment Share on other sites More sharing options...
Captain Sl-OWL-ly Posted July 27, 2014 Share Posted July 27, 2014 I don't have concerns the takeover won't happen, but after everything that's happened over the last few weeks with Lens and now reading that statement, I do have concerns about what will happen after it's completed. Stories of money problems, not paying the bills at his Azeri club Baku, the whole lens farce, and now it's on the OS that the takeover is delayed because Mammadov was too busy to finish it. What happens if he's too busy to sort something out for us after he's taken over? He doesn't seem like he will be fully committed. I have serious doubts about him, and I can't understand why he even wants another club, he seems far too busy with his other 2 clubs and his business in Azerbaijan. I'm not convinced by Mammadov and his commitment to the club. I fear for what might happen AFTER he takes over. I fear you might be right Richie but there's sod all we can do about it.... Link to comment Share on other sites More sharing options...
Captain Sl-OWL-ly Posted July 27, 2014 Share Posted July 27, 2014 We wouldn't have got the land of fire sponsorship if the takeover wasn't nailed on Haven't they said the 2 things aren't connected ? That said, I'm sure they are but it does leave an opt out clause.... Link to comment Share on other sites More sharing options...
Mclovin Posted July 27, 2014 Share Posted July 27, 2014 No point getting giddy either way. People will always find facts or statements that suit their own preference or agenda whilst blindly ignoring anything that contradicts their own beliefs. It's easy to take this statement both ways depending on what your looking for. Just wait and see what happens, it's out of our hands Link to comment Share on other sites More sharing options...
Guest tha_knows Posted July 27, 2014 Share Posted July 27, 2014 why do you all worry what the pigs think?, it's so small time... Never said I was worrying what they think, just saying if this shenanigans was happening there we would be p!ssin us sens Link to comment Share on other sites More sharing options...
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