Takeover

[Fulham Fallout]

I think I'll wait until Prag gets on his lunch break:

There is no way the HoldCo shares can be sold without lender consent.

The security package in place looks to be very tight. 

This suggests to me that the club is in a locked box process.  Eg due diligence done and now we are at contracts stage.

MSD would be mad to lend more on a hope of better times.  This suggests that deal is near.

It’s a totally different legal entity and not in WBA Group.  It’s the shares that are up for sale owned by Lai & Co and that has nothing to do with MSD who they sell them to.

Utter nonsense as per earlier in this thread.  A material ULTIMATE change of beneficial ownership without MSD’s prior consent would be an event of default under their loan.

Crikey.  As someone later stated, no one on here is privy to the terms of the loan agreement. 

Have a read of the EFL rules Fido.  Those we are privy to.