John Textor / Everton Takeover

Full access to Everton's financial information

Prospective buyers (or anyone external - other than Auditors, potentially) dont get FULL access to any information. Financial or otherwise under a Heads of terms or a period of exclusivity.

They get access to a "Data Room" (Basically a secure file sharing site) that Everton will create and agree what data (financial and otherwise) that would be relevant to any buyers that should be added and made available. Everton will have full control over what is shared, buyers can request more info and Everton can decide if its relevant or how to control access or use etc.

(Your talking like we just give them an user account on our ERP and let them wire in with full access to everything!)
 
You said "football is different" and we're claiming this preposterous "exclusivity agreement" was "normal"

It isn't normal

Only Everton and that idiot Moshiri could be trying to sell the club to someone who owns 45% of another club and with no sign of any imminent sale

It isn't normal
To be honest I think you are " titling at windmills".
Exclusivity is normal in business, this is a 1billion business deal.
Football is different, in business it is possible to own shares in multiple competing businesses( albeit there are rules about having to buy a business is your shareholding reaches a specific level). Because of the nature of football you cannot have shares in two clubs.

Nothing sinister, nothing unusual and I think this discussion is going in circles at this point.
 

Prospective buyers (or anyone external - other than Auditors, potentially) dont get FULL access to any information. Financial or otherwise under a Heads of terms or a period of exclusivity.

They get access to a "Data Room" (Basically a secure file sharing site) that Everton will create and agree what data (financial and otherwise) that would be relevant to any buyers that should be added and made available. Everton will have full control over what is shared, buyers can request more info and Everton can decide if its relevant or how to control access or use etc.

(Your talking like we just give them an user account on our ERP and let them wire in with full access to everything!)
Oh god, not someone who actually knows what they’re talking about. This could ruin the whole forum.
 
Prospective buyers (or anyone external - other than Auditors, potentially) dont get FULL access to any information. Financial or otherwise under a Heads of terms or a period of exclusivity.

They get access to a "Data Room" (Basically a secure file sharing site) that Everton will create and agree what data (financial and otherwise) that would be relevant to any buyers that should be added and made available. Everton will have full control over what is shared, buyers can request more info and Everton can decide if its relevant or how to control access or use etc.

(You’re talking like we just give them a user account on our ERP and let them wire in with full access to everything!)
Nah, they’ll have full access to Dyche’s team sheet and tactics for Saturday and someone in the dressing room at half-time. Fortunately they hate Brighton so won’t use the information to harm us.
 
Prospective buyers (or anyone external - other than Auditors, potentially) dont get FULL access to any information. Financial or otherwise under a Heads of terms or a period of exclusivity.

They get access to a "Data Room" (Basically a secure file sharing site) that Everton will create and agree what data (financial and otherwise) that would be relevant to any buyers that should be added and made available. Everton will have full control over what is shared, buyers can request more info and Everton can decide if its relevant or how to control access or use etc.

(Your talking like we just give them an user account on our ERP and let them wire in with full access to everything!)

I'm not happy with it or any sharing of information, with someone or their representatives, when that someone has a 45% shareholding in a competitor (Crystal Palace) with absolutely no imminent sale of that apparent

He needs to sell that shareholding before anything should be disclosed

To be honest I think you are " titling at windmills".
Exclusivity is normal in business, this is a 1billion business deal.
Football is different, in business it is possible to own shares in multiple competing businesses( albeit there are rules about having to buy a business is your shareholding reaches a specific level). Because of the nature of football you cannot have shares in two clubs.

Nothing sinister, nothing unusual and I think this discussion is going in circles at this point.

Yes and he exceeds the 10% mentioned in rule G and/or F.5 (disqualifying events) and/or as mentioned in A.1.235
 
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Won’t the guy just agree to “side pocket” his CP shares until sold and therefore relinquish control ?

Pretty sure he can talk through options with PL who will ultimately want all PL clubs to be stable. Remove the Conflict of Interest issue and get on
 

Won’t the guy just agree to “side pocket” his CP shares until sold and therefore relinquish control ?

Pretty sure he can talk through options with PL who will ultimately want all PL clubs to be stable. Remove the Conflict of Interest issue and get on
Sure, they can do that.

But then the City owners buy half the league and "side pocket" the shares.

No, that wont happen, but theres a reason these rules exist.

Its not a problem, the utter clown just needs to sell his Palace shares and then there is no conflict.
 

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