Latest Takeover Rumour. The Moores / Noell one

[Muggins]

Damn it just wired £100 to H.R.H King Amokachi the great - ruler of the kingdom of Kaduna.....

you as well?

 

[Caolam]

John Moores and Noell going to get us a new stadium for Christmas. We just need to put in a bid for Santa Cazola and the story would be complete.

 

[Screech]

Well that's no good, the stadium needs to be way bigger than one storey.

EDIT: Editing your post to spoil my fun

 

[toffeejack]

That could come back to bite you mate if rumours were true

chang can kiss my a$$

 

[toffeejack]

Wouldn't be covered by the fit and proper person test disqualifiers if he was buying less than 30% of the club but I reckon the FA would step in and make him choose between owning part of Everton or playing for Utd, and given the fact it would cost a small fortune to buy out his contract and not much less for us to buy him off them I feel pretty certain he'd have to go for the latter.

he'll own some part of the club one day, almost certainly. I wouldn't be surprised if we got taken over, he'd be top of the shopping list - purely to raise interest.

 

[paultheblue]

Hahaha 68% mate

So basically Woods ,Kenwright and Earl cant sell without at least 7% backing from the rest of the shareholders, is there one shareholder with that clout to swing the deal ?

 

[kithnou]

chang can kiss my a$$

If a man worth 10 billion were to kiss your derriere...that must be some a$$

 

[GrandOldTeam]

This is much much better.

Someone send him a tweet or something...

 

[Catfish Blues]

So basically Woods ,Kenwright and Earl cant sell without at least 7% backing from the rest of the shareholders, is there one shareholder with that clout to swing the deal ?

Grantchester owns something like 8%

 

[The Esk]

So basically Woods ,Kenwright and Earl cant sell without at least 7% backing from the rest of the shareholders, is there one shareholder with that clout to swing the deal ?

Not quite mate. Any buyer would ideally want a minimum of 90% (this allows them to sweep up any dissenting shareholders). If that's not possible then the next threshold is 75%. If you have over 75% willing to sell to you, you can apply to the High Court to acquire the remaining shares.

No-one will buy just 68% because although you have a majority, most major corporate actions require 75% shareholder approval.

 

[Caolam]

Well that's no good, the stadium needs to be way bigger than one storey.

EDIT: Editing your post to spoil my fun

Sorry

 

[paultheblue]

Grantchester owns something like 8%

I was under the impression that she cant stand Kenwright and if that is the cause may not be willing to help him but of course 16 million for the shares might help.

 

[Dithering Dougie]

I was under the impression that she cant stand Kenwright and if that is the cause may not be willing to help him but of course 16 million for the shares might help.

She's a he Paula.

 

[Axlswhk]

Someone send him a tweet or something...

It might just work, that's how we got Del.

I'm going to spend my Christmas creating Twitter multi....

 

[paultheblue]

She's a he Paula.

I wasnt sure mate did he use to be woman ?