| Lee O’Neil actively denying any sort of takeover? 13:51 - Mar 1 with 3393 views | CokeIsKey |
https://t.co/J7TjzZTzF7
 O'Neill: No Offer on Table For Town 1st Mar 2021 14:43General manager of football operations Lee O’Neill says there is no offer currently on the table for the Blues, despite interest from a US-backed consortium, and that owner Marcus Evans’s stance remains unchanged.  43
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| Lee O’Neil actively denying any sort of takeover? on 13:56 - Mar 1 with 2506 views | groovyASH |
No, he's saying there's no bid on the table currently.
Doesn't mean that there hasn't been months of negotiations and it doesn't mean a bid isn't coming imminently. |  |
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| Lee O’Neil actively denying any sort of takeover? on 13:56 - Mar 1 with 2502 views | GeoffSentence |
That is an explicit denial. Cripes. Curb your enthusiasm chaps, might be notihng happening after all. |  |
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| Lee O’Neil actively denying any sort of takeover? on 13:58 - Mar 1 with 2415 views | Kieran_Knows |
Just never any joined up thinking at this club what so ever. One person says one thing, and another person says another.
Hopefully under new ownership everyone will be singing off the same hymn sheet. |  |
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| Lee O’Neil actively denying any sort of takeover? on 13:59 - Mar 1 with 2404 views | BlueySwede |
Even if things were happening I doubt he would be able to say much. Lets wait and see. |  | | |
| Lee O’Neil actively denying any sort of takeover? on 14:01 - Mar 1 with 2345 views | snudge27 |
He would say that, though, wouldn't he.
I wouldn't be at all surprised if, knowing that they're getting the club at a bargain price, the potential new owners have made the current ownership sign a non-disclosure clause until it's all done and dusted.
If the figures are correct, £15m-£20m for a debt-free ITFC is a very very good deal. [Post edited 1 Mar 2021 14:03]
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| Lee O’Neil actively denying any sort of takeover? on 14:04 - Mar 1 with 2263 views | homer_123 |
He's correct to say there isn't.
He's probably bound by a non-disclosure clause that stops him talking about it. |  |
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| Lee O’Neil actively denying any sort of takeover? on 14:05 - Mar 1 with 2218 views | RegencyBlue |
I genuinely doubt he knows one way or the other!
Word is the shareholders other than Evans are as much in the dark as we are about what’s going on. Evans is not the greatest communicator as we know! |  | | |
| Lee O’Neil actively denying any sort of takeover? on 14:05 - Mar 1 with 2210 views | ThatMuhrenCross |
Paul Cook will be the biggest clue.
No way would he come here to have no budget under Evans. He'll only turn down Championship clubs for us if he knows he can really build something here. |  |
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| Lee O’Neil actively denying any sort of takeover? on 14:07 - Mar 1 with 2160 views | BrightonBlue |
| Lee O’Neil actively denying any sort of takeover? on 14:04 - Mar 1 by homer_123 |
He's correct to say there isn't.
He's probably bound by a non-disclosure clause that stops him talking about it. |
Exactly that. They aren't just going to blurt it out. May also be a case of Evans trying to drum up wider interest to expedite the deal. |  | | |
| Lee O’Neil actively denying any sort of takeover? on 14:08 - Mar 1 with 2146 views | Marshalls_Mullet |
I'd be OK with this.
Just pleased Lambert has gone. |  |
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| Lee O’Neil actively denying any sort of takeover? on 14:09 - Mar 1 with 2125 views | wkj |
With takeovers you have to deny it to the hilt until the ink is dry or else you're inviting all sorts of pitfalls and traps.
That is not to say I believe in this takeover as I am very sceptical but remain optimistic. |  |
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| Lee O’Neil actively denying any sort of takeover? on 14:09 - Mar 1 with 2091 views | BryanPlug |
[content removed at owner's request] |  |
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| Lee O’Neil actively denying any sort of takeover? on 14:11 - Mar 1 with 2045 views | Guthrum |
| Lee O’Neil actively denying any sort of takeover? on 14:05 - Mar 1 by RegencyBlue |
I genuinely doubt he knows one way or the other!
Word is the shareholders other than Evans are as much in the dark as we are about what’s going on. Evans is not the greatest communicator as we know! |
If Evans is selling his stake (or most of it), would he have to consult the minority shareholders? |  |
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| I think this is the key line.... on 14:11 - Mar 1 with 2048 views | unstableblue |
... "“He’s not actively looking to sell the football club but, as he’s always said, if there was an offer on the table from anyone who was interested in taking the football club over and they were going to provide SIGNIFICANT INVESTMENT GOING FORWARD then he would always look at that. "
For me this still implies that Marcus feels a duty of care, as Sheepshanks did before him.
Rather than just sell to get out, I think Marcus is going to look at the business plan, put a marker that he is selling based on X... and it the new consortia fails to meet the stated X, then he's got the high ground.
Or am I giving Marcus too much credit? [Post edited 1 Mar 2021 14:16]
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| Lee O’Neil actively denying any sort of takeover? on 14:11 - Mar 1 with 2047 views | FoghornGleghorn |
 O'Neill: Lambert's Job is Safe 1st Dec 2020 10:54Town general manager of football operations Lee O’Neill says owner Marcus Evans has no plans to make a managerial change despite being aware of fans’ frustrations regarding performances and results under boss Paul Lambert. 78
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| Lee O’Neil actively denying any sort of takeover? on 14:13 - Mar 1 with 1969 views | BryanPlug |
| Lee O’Neil actively denying any sort of takeover? on 14:11 - Mar 1 by FoghornGleghorn |
O'Neill: Lambert's Job is Safe 1st Dec 2020 10:54Town general manager of football operations Lee O’Neill says owner Marcus Evans has no plans to make a managerial change despite being aware of fans’ frustrations regarding performances and results under boss Paul Lambert. 78
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| Lee O’Neil actively denying any sort of takeover? on 14:15 - Mar 1 with 1932 views | snudge27 |
| Lee O’Neil actively denying any sort of takeover? on 14:09 - Mar 1 by BryanPlug |
[content removed at owner's request] |
If there's an NDA in place, even something as low-key as 'I can't discuss it right now' might be construed as a breach. | |
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| Lee O’Neil actively denying any sort of takeover? on 14:17 - Mar 1 with 1851 views | Kieran_Knows |
| Lee O’Neil actively denying any sort of takeover? on 14:15 - Mar 1 by snudge27 |
If there's an NDA in place, even something as low-key as 'I can't discuss it right now' might be construed as a breach. |
It's just the way he goes from 'no offer for club' to 'Lambert going is separate issue to that'. Just amateurish. | |
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| Lee O’Neil actively denying any sort of takeover? on 14:17 - Mar 1 with 1852 views | BryanPlug |
| Lee O’Neil actively denying any sort of takeover? on 14:15 - Mar 1 by snudge27 |
If there's an NDA in place, even something as low-key as 'I can't discuss it right now' might be construed as a breach. |
[content removed at owner's request] | |
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| Lee O’Neil actively denying any sort of takeover? on 14:19 - Mar 1 with 1810 views | SamWhiteUK |
Admittedly, it's 3rd hand news, but my brother says his mate works at one of the insurance firms in Ipswich. An employee there says he has been doing the auditing etc, and has known about the takeover "for ages" |  | | |
| Lee O’Neil actively denying any sort of takeover? on 14:19 - Mar 1 with 1795 views | hype313 |
Yep, and there were no tanks entering Baghdad... |  |
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| Lee O’Neil actively denying any sort of takeover? on 14:24 - Mar 1 with 1681 views | MonkeyAlan |
It's way off if there is one. Why would any manager take a job on where he didn't know who his boss was? This smacks of an Evans appointment. He isn't going anywhere yet. |  | | |
| Lee O’Neil actively denying any sort of takeover? on 14:25 - Mar 1 with 1650 views | RonFearonsHair |
Presumably the costs involved with repairing the training ground after the fire have led to a dramatic round of renegotiations. |  | | |
| Lee O’Neil actively denying any sort of takeover? on 14:27 - Mar 1 with 1619 views | George03 |
But can he legally come out and say anything about the takeover until the deal is done? Like an NDA put in place as it involves individual that are currently in work with other clubs. [Post edited 1 Mar 2021 14:28]
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| Lee O’Neil actively denying any sort of takeover? on 14:39 - Mar 1 with 1475 views | RegencyBlue |
| Lee O’Neil actively denying any sort of takeover? on 14:11 - Mar 1 by Guthrum |
If Evans is selling his stake (or most of it), would he have to consult the minority shareholders? |
Legally probably no, as a matter of curtesy at least I would have thought yes. | | | |
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