Takeover
Express and star now also saying deal getting closer, Patel the front runner. But have I missed something because who are the Armenian-backed Noah Football Group also retaining a serious interest.
Never heard of them.
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(02-09-2024, 06:25 PM)wba13 Wrote: Express and star now also saying deal getting closer, Patel the front runner.  But have I missed something because who are the Armenian-backed Noah Football Group also retaining a serious interest.
Never heard of them.

Fella who owns Paris FC.
Someone could have been killed
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(02-09-2024, 06:25 PM)wba13 Wrote: Express and star now also saying deal getting closer, Patel the front runner.  But have I missed something because who are the Armenian-backed Noah Football Group also retaining a serious interest.
Never heard of them.

Roman Gevorkyan, same guy that owns Paris FC.
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(02-09-2024, 06:25 PM)wba13 Wrote: Express and star now also saying deal getting closer, Patel the front runner.  But have I missed something because who are the Armenian-backed Noah Football Group also retaining a serious interest.
Never heard of them.

No more stress soon hopefully pal .
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(02-09-2024, 06:25 PM)wba13 Wrote: Express and star now also saying deal getting closer, Patel the front runner. But have I missed something because who are the Armenian-backed Noah Football Group also retaining a serious interest.
Never heard of them.

They were the 3rd party mentioned back when Patel and Farnell/Hearn first leaked.

Written off mostly due to potential proof of funds issues and the significantly smaller size of the clubs in their existing portfolio. They were only worth about £10 million from memory.
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(02-09-2024, 06:26 PM)CaptainFantastico Wrote:
(02-09-2024, 06:25 PM)wba13 Wrote: Express and star now also saying deal getting closer, Patel the front runner.  But have I missed something because who are the Armenian-backed Noah Football Group also retaining a serious interest.
Never heard of them.

Fella who owns Paris FC.

Might be able to get Mbappe and Silva in on loan...
Would rather talk to ChatGPT
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(02-09-2024, 06:40 PM)Jacko Wrote:
(02-09-2024, 06:25 PM)wba13 Wrote: Express and star now also saying deal getting closer, Patel the front runner.  But have I missed something because who are the Armenian-backed Noah Football Group also retaining a serious interest.
Never heard of them.

They were the 3rd party mentioned back when Patel and Farnell/Hearn first leaked.

Written off mostly due to potential proof of funds issues and the significantly smaller size of the clubs in their existing portfolio. They were only worth about £10 million from memory.

That's £9.5 mill more than our squads worth  Big Grin
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(02-09-2024, 06:44 PM)CarlosCorbewrong Wrote:
(02-09-2024, 06:26 PM)CaptainFantastico Wrote:
(02-09-2024, 06:25 PM)wba13 Wrote: Express and star now also saying deal getting closer, Patel the front runner.  But have I missed something because who are the Armenian-backed Noah Football Group also retaining a serious interest.
Never heard of them.

Fella who owns Paris FC.

Might be able to get Mbappe and Silva in on loan...

Got it now, been a while since that name was mentioned.
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(02-09-2024, 06:52 PM)wba13 Wrote:
(02-09-2024, 06:44 PM)CarlosCorbewrong Wrote:
(02-09-2024, 06:26 PM)CaptainFantastico Wrote:
(02-09-2024, 06:25 PM)wba13 Wrote: Express and star now also saying deal getting closer, Patel the front runner.  But have I missed something because who are the Armenian-backed Noah Football Group also retaining a serious interest.
Never heard of them.

Fella who owns Paris FC.

Might be able to get Mbappe and Silva in on loan...

Got it now, been a while since that name was mentioned.

You mean to say that article isn’t in your “takeover” scrap book?  Pfft, I’m disappointed in you.

(02-09-2024, 05:10 PM)Jacko Wrote:
(02-09-2024, 11:01 AM)Fulham Fallout Wrote:
(02-09-2024, 10:32 AM)richbaggie Wrote: Really don't think the Liquidator Podcast is helping fans worries about the club at the moment. Really giving impression that this Warmfront loan is a big issue when it clearly isn't to the club even if it is to Lai.

Absolutely. Baldie naming the company (that owns the majority of the shares) West Bromwich Albion Holdings Ltd has not helped.

If people saw West Bromwich Albion Holdings Ltd as Lai & Sons Ltd, then they'd start to realise it has fuck all to do with WBA FC, other than it owns 88% of the shares.

So Warmfront lending Lai & Sons Ltd money and having secured that loan against shares in Lai & Sons Ltd, does NOT affect WBA FC shares in anyway, shape or form.

If Lai & Sons haven't repaid the loan, then Warmfront can seek to call in the security of the shares in Lai & Sons Ltd.

What isn't clear is if Lai & Sons are selling Lai & Sons Ltd or if they are selling the shares they own in  WBA FC.  Someone on here (may have been KKC) said a new company to hold the shares in WBA group is being formed in Jersey and it's just the shares that are being sold.   A newspaper article stated it was the shares in Lai & Co Ltd that were being sold,

If Lai & Co are just selling the WBA FC shares (and not the shares in Lai & Sons) , then I'd be worried if I were warmfront, as the shares in Lai & sons will be worth next to nothing once the shares in WBA FC have been sold and the cash taken out of Lai & Sons Ltd and shipped to China.

Which is it? Lai & Sons or Lai & Co? Asking for experts and laypersons alike...

I forgot to mention they’d changed trading names during the above Big Grin 

He media haven’t helped with the warmfront loan to Lai’s company as it’s a total red herring and wasn’t even news worthy.
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When do we get our £5m back from Wisdom Smart? Just asking for the non-financially qualified amongst us?
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