02-01-2024, 03:12 PM
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Takeover
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02-01-2024, 03:13 PM
(02-01-2024, 03:12 PM)Psalm23 Wrote:(02-01-2024, 03:10 PM)ColliersWoodBaggie Wrote:(02-01-2024, 03:05 PM)Psalm23 Wrote: Who the fuck is Ben Spencer? It is this guy: https://twitter.com/SpencerBen21844/stat...BxCOQ&s=19 See Lepko's response. Worrying. https://twitter.com/chrislepkowski/statu...g5bEA&s=19
02-01-2024, 03:20 PM
(02-01-2024, 03:16 PM)MrFizz Wrote:(02-01-2024, 03:12 PM)Psalm23 Wrote:(02-01-2024, 03:10 PM)ColliersWoodBaggie Wrote:(02-01-2024, 03:05 PM)Psalm23 Wrote: Who the fuck is Ben Spencer? It is, however if it is a due dilligence issue then I would have more confidence if the new owner ended up being Patel. It could also be a way of negotiating. At this point, it's all unoffical rumours so I am fairly relaxed until more credible sources start mentioning it.
02-01-2024, 03:23 PM
Everyone needs to calm right down. No one knows nothing until someone said officially.
We need to wait. A4A have always said and it never will be Hearn and the other bloke. We all need to calm down and wait and see
02-01-2024, 03:27 PM
(02-01-2024, 03:23 PM)Topman Wrote: Everyone needs to calm right down. No one knows nothing until someone said officially. I genuinely don't believe A4A and Jones have any reliable info or insight re ongoing confidential takeover talks.
02-01-2024, 03:32 PM
We will change our name to Inter Administration
02-01-2024, 03:33 PM
(02-01-2024, 03:27 PM)Jacko Wrote:(02-01-2024, 03:23 PM)Topman Wrote: Everyone needs to calm right down. No one knows nothing until someone said officially. And they certainly don’t have any clout in the decision to whom the shares are sold to. Other than arranging for people to put the light on their phones or hold up pieces of paper.
02-01-2024, 03:46 PM
Levels of debt? MSD have all of the security in a "water-tight" package, so they will be the main Creditor. There will be some "football debts" which are mainly fees owed on transfers (such as the monies we still owe on Grant and Grady) but these are disclosed in the accounts. Even the "Warmfront" loan is disclosed (yes I know this is Holdings).
So unless there is a mountain of unsecured debt owed to a third party Creditor - possibly somewhere in China, then it is difficult to know what this would be. MSD would have seen bank statements etc prior to sanctioning their loan(s) so they would be aware of any regular debt repayments from this (unless it was unsecured debt with a bullet repayment accruing interest, which is very hard to believe). I hope this is a negotiating point, otherwise the future looks even bleaker than we imagined, if Lai is flogging off chunks of the share capital to keep the lights on - because Administration would be the only other option.
02-01-2024, 03:51 PM
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