Leicester City For Sale (Ongoing Thread)

[TamuffFox]

1 hour ago, lcfc_forever said:

Offers have to be submitted by this week:

 

 

[winteriscoming]

I hope I’m completely wrong but I can’t see Martin going anywhere while this is happening. 
Plus the fact that Top’s arrogance wouldn’t yet make him look foolish and wrong. 
I know it’s not a new thing with him being wrong. 

[Lionator]

Only a fool would come in with our current position. So we’d be stuck with a fool either way. 

[kingpowerout]

I just hope this starts to gather pace after this week as it's the only way we can escape this rot 

[Steven Paddy]

Is this deadline / ultimatum going to just pass with nothing happening like the 14th September one? Surely the owners can't be holding out for such a high figure given the start we have had....

 

[Gravel]

 

 

 

[Blanchflower78]

New owners aren't putting up with RM's performance and football thats for sure.

[Gazza M]

3 minutes ago, Blanchflower78 said:

New owners aren't putting up with RM's performance and football thats for sure.

The current lot will have us passing sideways to the National League so hope you are right.

[trooky]

42 minutes ago, Steven Paddy said:

Is this deadline / ultimatum going to just pass with nothing happening like the 14th September one? Surely the owners can't be holding out for such a high figure given the start we have had....

 

He's ****ed his own sale by appointing Martin as the manager😂.

[lcfcsnow]

A deal is most likely almost done and that's the real reason Rudkin and McCarron out of nowhere came out for an interview as its an attempt to hold onto their positions

[mazarron fox]

A deal is all but done? Please tell me who why when and how much it’s fantasy . Nobody wants us 

11 minutes ago, lcfcsnow said:

A deal is most likely almost done and that's the real reason Rudkin and McCarron out of nowhere came out for an interview as its an attempt to hold onto their positions

 

[Dames]

I’d genuinely take Putin being our owner and us being the sports washing arm of a genocidal regime over King Power. 
 

Get the sale done. 

[Sly]

Joking aside, I’d buy us for £1m. 
 

We can’t get any worse and I’d be confident I’d at least stop the bloody rot! 

[CosbehFox]

2 hours ago, ClaphamFox said:

"The identity of any serious bidders was unclear on Monday - although one football insider said the deadline had been pushed back to accommodate other parties."

 

So either we didn't have any serious bidders before, or we did but somebody even more serious has come in late...

 

Process was always going to be two stages 

 

Initial interested parties with tentiative offers whom then are granted further access to finances. Then a second deadline. The first deadline has more flexibility but the later you join the party the less time to appropriately assess 

[Tuna]

1 hour ago, lcfcsnow said:

A deal is most likely almost done and that's the real reason Rudkin and McCarron out of nowhere came out for an interview as its an attempt to hold onto their positions

Yeah, really random those interviews. It's happening.

[CosbehFox]

I’d say an even bigger sign of progress is the appointment of a new Financial Director who’s got a background in being at football clubs while taken over 

[KlaaZ]

15 minutes ago, CosbehFox said:

Process was always going to be two stages 

 

Initial interested parties with tentiative offers whom then are granted further access to finances. Then a second deadline. The first deadline has more flexibility but the later you join the party the less time to appropriately assess 

No bid needed for that. OHL fan here who recently visited an open fan meeting with members of the technical staff and the board, where the flow of the takeover process was explained. Interested parties will be required to sign an NDA, and will after that gain access to an online data room where all of the club details are uploaded to. Including the financial details.

[Jacnah]

7 minutes ago, KlaaZ said:

No bid needed for that. OHL fan here who recently visited an open fan meeting with members of the technical staff and the board, where the flow of the takeover process was explained. Interested parties will be required to sign an NDA, and will after that gain access to an online data room where all of the club details are uploaded to. Including the financial details.

Ive been involved, at a senior level, in a number of commercial aquistions, both from a buyer perspective and seller. This is exactly how 'discovery' is undertaken, per my experience and as far as I am aware that experience was the norm. 

[BillyFOX12]

Imagine trying to sell the club for a few quid, then going ahead and employing Russell Martin on a 3-year deal.

 

Idiots..

[The Doctor]

1 hour ago, mazarron fox said:

A deal is all but done? Please tell me who why when and how much it’s fantasy . Nobody wants us 

 

no-one knows that detail unless they're part of the bidding party, the club or Citibank, and they'd all be under the tightest NDA possible. what we can tell is that a notorious tight lipped structure (when was the last time Rudkin did any press work) have a reason to deviate from that 

[Corky]

I hope the singing section are buying us to see if they can do a better job after all the moaning they've done!

[MrSpaM]

Personally think there is zero chance anybody is going submit an offer high enough that the owners are going to accept

[em9999]

2 minutes ago, MrSpaM said:

Personally think there is zero chance anybody is going submit an offer high enough that the owners are going to accept

This 💯 

 

Guaranteed 

[jonny_wright]

 

[AyewJoking]

smokescreen to draw attention away from dreadful league form and rising pressure on inept manager??