Babylon Posted 15 December 2006 Share Posted 15 December 2006 FT do you have any more news for us? Has a written bid been received yet? Please leave this here mods so they can see it. Link to comment Share on other sites More sharing options...
Babylon Posted 15 December 2006 Author Share Posted 15 December 2006 Thanks Link to comment Share on other sites More sharing options...
MBK Posted 15 December 2006 Share Posted 15 December 2006 Thanks I really think the whole takeover bid has been screwed. Or else things in leicester happen at slower pace than in Malta Link to comment Share on other sites More sharing options...
Daggers Posted 15 December 2006 Share Posted 15 December 2006 Please leave this here mods so they can see it. I'm more than happy to sticky it until a reply comes Link to comment Share on other sites More sharing options...
Suffolk_fox Posted 15 December 2006 Share Posted 15 December 2006 Still no answer.... Link to comment Share on other sites More sharing options...
lookwhaticando Posted 15 December 2006 Share Posted 15 December 2006 As if you're all expecting an immediate answer. Link to comment Share on other sites More sharing options...
Bert Posted 15 December 2006 Share Posted 15 December 2006 I think the Foxes Trust aren't on the board becasue they're viewing this highly coveted document they've been waiting for. Link to comment Share on other sites More sharing options...
lookwhaticando Posted 15 December 2006 Share Posted 15 December 2006 I think the Foxes Trust aren't on the board becasue they're viewing this highly coveted document they've been waiting for. Wonder what they're doing with it. The theme of the day would suggest they're on the couch with it... Link to comment Share on other sites More sharing options...
Suffolk_fox Posted 15 December 2006 Share Posted 15 December 2006 Probably ordered a few pizzas, a few beers..... Link to comment Share on other sites More sharing options...
lookwhaticando Posted 15 December 2006 Share Posted 15 December 2006 Probably ordered a few pizzas, a few beers..... ... a manual. Link to comment Share on other sites More sharing options...
Suffolk_fox Posted 15 December 2006 Share Posted 15 December 2006 ... a manual. A Pablo Manual? Link to comment Share on other sites More sharing options...
leicesterboys Posted 15 December 2006 Share Posted 15 December 2006 Come on the suspence is killing me!!! Link to comment Share on other sites More sharing options...
SilverFox Posted 15 December 2006 Share Posted 15 December 2006 Posted by the Foxes Trust on talkingballs.co.uk:- -------------------------------------------------------------------------------- We have no new news from the club today and can't say a great deal due to the legal processes in place. It's not about hiding as MadFox has posted, it's about following the legal rules laid out by the takeover panel Our understanding is the talks are still ongoing with the aim of a formal bid document then being put in front of shareholders which is likely to gain approval Given that still hasn't happened, we can't see the deal going ahead in 2006. -------------------------------------------------------------------------------- Link to comment Share on other sites More sharing options...
SilverFox Posted 15 December 2006 Share Posted 15 December 2006 My original question So in a nutshell trust all this talk about dead deals and 3 rebel shareholders is all fairytale... you can say that can't you? FT reply... With any takeover there will be various "issues" that need to be resolved, as each party looks for the best deal for them. The LCFC board have a duty to both act in the long term interests of the club & the interests of the shareholders who appointed them (those 2 interests can both compliment & conflict) Only the shareholders on the actual board would be aware of the current deal on offer, the rest are waiting for the official document, so wouldn't be in a position to oppose or back anything. The shareholders will have received no update since Nov 18th. As we have the Observer at board meetings, Trust representatives are up to speed with developments, but can't reveal anything & would be unwise to do so, as things change as the days progress (slowly). We have heard various stories/theories about which shareholders may oppose the deal and the differing reasons why, but no shareholder has directly told us that they oppose it. Don't forget 2/3 shareholders could not stop the deal if the rest were in favour. Link to comment Share on other sites More sharing options...
SilverFox Posted 15 December 2006 Share Posted 15 December 2006 Originally Posted by Dour Is MM still sounding out options with the board (and via them, shareholders)? FT Response Yes with the board (& therefore the shareholders within the board), but not other shareholders, that has to wait for a formal offer as per the takeover panel rules Quote: Originally Posted by Dour Are some still shareholders seeking clarification of what the bid might be? FT Response Yes, awaiting the official bid Quote: Originally Posted by Dour Why are you in favour of the MM bid? FT Response We can't state we are in favour at this stage, we need the formal document to examine the detail, we have previously explained in our website articles some of the issues we required answers too. At the end of the day each shareholder has to view what is being offered & then compare that with what the club will have to do if the deal doesn't go ahead Link to comment Share on other sites More sharing options...
Foxes_Trust Posted 15 December 2006 Share Posted 15 December 2006 Arrived on this message board now, thanks Silver for posting the responses from TB across. Link to comment Share on other sites More sharing options...
SilverFox Posted 15 December 2006 Share Posted 15 December 2006 Just figured it would save repeating yourself. Link to comment Share on other sites More sharing options...
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