Latest Takeover Rumour. The Moores / Noell one

[roydo]

Depending on jurisdiction up to 95% needs to be rental mate.

Just seem to recall from a previous existence that there were tons of hoops to satisfy before either converting to a REIT, and/or what they could or couldnt be used for.

"Standalone" wasnt one I recollect. The 95% rental thing was to do with the CGT or something on disposal or something wasnt it?

Please feel free to pipe me right down!

 

[mmmmsnouts]

People smarter than me:

Saw we said exactly how much Niasse cost. Is it unusual for a club to immediately disclose the money spent on a transfer? Does it have anything to do with DD/takeover?

 

[hibbo'sclass]

Just seem to recall from a previous existence that there were tons of hoops to satisfy before either converting to a REIT, and/or what they could or couldnt be used for.

"Standalone" wasnt one I recollect. The 95% rental thing was to do with the CGT or something on disposal or something wasnt it?

Please feel free to pipe me right down!

Wouldn't dare to pipe you down.
The hoops include being listed on a stock exchange if a UK, Irish or US variant of them.
My understanding is that the reasoning behind the % rental income required is to stop property developers using them as an effective tax break, but no expert and will stand to be corrected.

The term standalone came from bizzaro so not guilty on that one haha

 

[bring the ghost on]

People smarter than me:

Saw we said exactly how much Niasse cost. Is it unusual for a club to immediately disclose the money spent on a transfer? Does it have anything to do with DD/takeover?

It's usual to announce the price, and it's not likely to relate to DD/takeover.

Some clubs may not want to announce the price of a transfer because, for example, it doesn't want to attract criticism if the transfer is unsuccessful or, in the case of a selling club, it doesn't want to publicise a loss in value on a player. In Everton's case, when we spend money, Kenwright wants the fans to know about it.

Regardless of the above, a prospective bidder for the club would always have access to the information through DD regardless of whether the public do, so it's not really relevant to a proposed takeover. There would be no requirement that any finances should be made public as part of the DD (in fact, the opposite is more likely to be true).

 

[Moomin]

Has he resurfaced yet?

 

[vagant59]

PLEASE can we have a repeat of last nights chastising. Pretty pretty please

 

[vagant59]

Has he resurfaced yet?

There is a rumour going around that Davek has had to take one of his Poodles to the vets

 

[MrGrumpy]

Anyone know what Elton Welsby tweeting now?
I think we hear 1 way or another tomorrow

 

[blueboy1945]

Pawned.

Prawned.

 

[gaino92]

Has he resurfaced yet?

think Woolly's comment before put the final nail in the coffin

 

[quasi modo]

Anyone know what Elton Welsby tweeting now?
I think we hear 1 way or another tomorrow

Love that song, the original is far better.

 

[zirc]

People smarter than me:

Saw we said exactly how much Niasse cost. Is it unusual for a club to immediately disclose the money spent on a transfer? Does it have anything to do with DD/takeover?

It's unusual yes, but we did it with Lukaku too, probably trying to make people believe we're not skint.

 

[chazzle_dazzle]

Would clubs normally put a hold on transfers if they are in the process of DD or being taken over?

Or have i been playing too much footy manager over the years and gone through too many transfer embargo's for my own good.

 

[Goat]

Would clubs normally put a hold on transfers if they are in the process of DD or being taken over?

Or have i been playing too much footy manager over the years and gone through too many transfer embargo's for my own good.

Clearly not Friend considering we just bought some players.

 

[chazzle_dazzle]

Clearly not Friend considering we just bought some players.

Think what i was trying to ascertain was if this is actually going on and they didn't take one look at our books and operating costs then got on the first plane back to San Diego...!