New Everton Owners: The Friedkin Group

[RomanReigns]

hopefully this takeover is completed soon

The longer this drags on the worse things will get

 

[Rooney_Tunes]

hopefully this takeover is completed soon

The longer this drags on the worse things will get

Not too worry...all the ITK's are in agreement that it will be announced by December.

These are the creme da la creme of GOT.

 

[RomanReigns]

Not too worry...all the ITK's are in agreement that it will be announced by December.

These are the creme da la creme of GOT.

Hopefully Santa sacks dyche

 

[GoldenToffee]

Not too worry...all the ITK's are in agreement that it will be announced by December.

These are the creme da la creme of GOT.

Surely the Premier League will want to drag it out until end of January so we are a shoo-in for relegation and have no opportunity to strengthen the squad.

 

[Rooney_Tunes]

Surely the Premier League will want to drag it out until end of January so we are a shoo-in for relegation and have no opportunity to strengthen the squad.

I would do that if we don't have the knockers to sack the piece of S...

 

[BirkenheadBlue]

CAT also seeing a large reduction in sales too.

US economy isn't great at the moment.

That’s… not really true

 

[Neiler]

 

[kev]

Can anybody explain that in lay mans terms and say what (if any) effect it has on the takeover.

 

[smileychap]

I'm not a lawyer or expert on US finance... what does this mean?

Also (if not related), is our loan repayment to 777 out the window since the (utter shysters) when bust?

 

[Lob]

Not a clue what any of that even means.

 

[kev]

Not a clue what any of that even means.

If only Damo was around to dumb it down for us

 

[Lob]

If only Damo was around to dumb it down for us

Last seen camping outside John Textor's bank.

 

[nsno_traditionally]

 

[toffee66]

Can anybody explain that in lay mans terms and say what (if any) effect it has on the takeover.

It means that any deal between Friedkin and A-Cap to settle/partially settle the debt on takeover remains uncertain on outcome as the court has refused to provide any indication so far on whether it would approve ie refusing to take sides between A-Cap and Leadenhall as to who Friedkins should pay at this stage.

This means Friedkin, A-Cap, Leadenhall either have to reach a negotiated agreement between all parties fast to jointly seek court approval (which you would expect to be granted) or A-Cap/Leadenhall persist with the legal stand-off meaning Friedkin has to either walk away again or proceed with the takeover with the counter-party ownership and repayment schedule for this £200+m debt still unresolved.

 

[Victus]

It means that any deal between Friedkin and A-Cap to settle/partially settle the debt on takeover remains uncertain on outcome as the court has refused to provide any indication so far on whether it would approve ie refusing to take sides between A-Cap and Leadenhall as to who Friedkins should pay at this stage.

This means Friedkin, A-Cap, Leadenhall either have to reach a negotiated agreement between all parties fast to jointly seek court approval (which you would expect to be granted) or A-Cap/Leadenhall persist with the legal stand-off meaning Friedkin has to either walk away again or proceed with the takeover with the counter-party ownership and repayment schedule for this £200+m debt still unresolved.

If he walks away again I swear to god