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Posted

I'm willing to learn Arabic if that's what it takes.

The only thing missing from our trophy cabinet is the Champions League. Win the FA Cup this season, and we'll be lifting the Champions League as a newly promoted League One side.

Posted
9 minutes ago, MancFox24 said:

Never good when these things are made public before a deal is done. It's a sign that somebody is trying to leverage their position. 

I know what you mean, but at least there’s sign of something happening

Posted
11 minutes ago, MancFox24 said:

Never good when these things are made public before a deal is done. It's a sign that somebody is trying to leverage their position. 

 

1 minute ago, Wasyls Pec Deck said:

I know what you mean, but at least there’s sign of something happening

I just think this is further along than interest and sounding out 

  • Like 1
Posted

Although I don't think we'll be looking at a quick process...

 

 

 

Timelines vary a lot depending on the club and buyer, but here's a rough guide:

Typical stages

Initial talks to signed agreement: weeks to several months — depends on due diligence (finances, legal structure, player contracts, stadium/land ownership), and how many bidders are competing.

Owners' and Directors' Test (fit-and-proper-person check): officially can take as little as 2–4 weeks, but in practice often drags out much longer if the buyer's identity, funding source, or ownership structure is complicated (offshore entities, sovereign wealth funds, etc.).

Full deal from first approach to completion: a clean, straightforward takeover is often around 3 months once a preferred bidder is locked in. But a "standard" full takeover process — from early talks to actually completing — is more commonly cited as taking around 9 months.

Why it drags on

Complex ownership structures or non-UK buyers slow the regulatory test down significantly (Newcastle's 2020 Saudi-backed takeover took years on and off before finally completing in 2021).

Disputes over price, debt treatment, or stadium/land ownership can stall things for months.

Lower-league deals (Championship/League One) tend to move faster than Premier League ones — some have completed in as little as 2 months once terms are agreed, since there's less money and regulatory scrutiny involved.

Extremes

Fastest: a few months for a straightforward, single-bidder lower-league deal.

Slowest: well over a year for high-profile, contested, or geopolitically sensitive takeovers (Chelsea's forced 2022 sale under sanctions pressure was unusually fast — about 2 months — precisely because of the forced-sale deadline; most aren't like that).

For a club like Leicester, given the debt structure, external lenders (Macquarie), and the stadium/training ground potentially being carved out separately, I'd expect something on the longer end — likely 6–12 months from a firm offer to completion, if a serious b uyer emerged

Posted
43 minutes ago, STUHILL said:

I hope the Leeds case doesn't scare away any potential buyers. That could add some millions to the purchase price down the line, athough I still think that is unlikely. 

an amount would be negotiated and held in escrow to cover any potential successful claim  

 

28 minutes ago, Leicesterpool said:

Bet Russell Martin might be edgy about his future, new owners come in and might want their own man.

Maybe it’s the reason he came ……..

  • Like 1
Posted
44 minutes ago, STUHILL said:

I know it is very early days and could just be rumours, but no one can stop me fantasising about a future headline of... 'Rudkin departs Leicester City after sale of the club'  :wub:

More like.

 

AFTER 24HRS NEW OWNERS REALISE WHAT A DICK RUDKIN IS.

Posted
2 minutes ago, st albans fox said:

an amount would be negotiated and held in escrow to cover any potential successful claim  

 

Maybe it’s the reason he came ……..

what other details do you know about the deal? :P

  • Haha 1
Posted
24 minutes ago, MancFox24 said:

Never good when these things are made public before a deal is done. It's a sign that somebody is trying to leverage their position. 

I thought that too. 

We potentially have the interested party leaking that they are in talks to apply some pressure, and/or King Power leaking they are for sale to other interested parties. 

Posted
26 minutes ago, MancFox24 said:

Never good when these things are made public before a deal is done. It's a sign that somebody is trying to leverage their position. 

Pretty much all ownership takeovers end up public before a deal is done don't they?

 

It is way too big a business deal to keep quiet

  • Like 4
Posted

Go on then, I’ll play conspiracy theorist.

 

no interest at all, but Top’s putting it out into news channels so people take it as the reason we don’t spend this summer 

  • Like 1
Posted
1 minute ago, Nolucklcfc said:

We know King Power take an age to do anything so I imagine if they do decide to sell, it won’t be overnight nags for sure. 

I'm sure it's been in conversation for a while.

Posted
4 minutes ago, moore_94 said:

Pretty much all ownership takeovers end up public before a deal is done don't they?

 

It is way too big a business deal to keep quiet

The Newcastle one came out of absolutely nowhere

Posted
1 minute ago, LVFox said:

Go on then, I’ll play conspiracy theorist.

 

no interest at all, but Top’s putting it out into news channels so people take it as the reason we don’t spend this summer 

I can see it now, struggle to get promoted into administration by the end of the season. I wouldn't out it past them. 

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