the takeover

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Yes, you will have to sell. The alternative being that you buy the club yourself. Give it another few months and that might be feasible. Start saving your coppers.
 
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Presumably the share holders would be told if a bid had been lodged, seeing as someone is trying to buy their shares :) Whether they hear of every mooted enquiry though I don't know.

You could invest in the club, but to be honest I'm sure there are safer places for your money. Under the mattress for instance.

We (the small shareholders) will only be told when the Board recommends acceptance of any bid, should one be forthcoming.
 
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