| The takeover by Gamechanger 20 Ltd - The training ground land 23:56 - Mar 2 with 159626 views | Muncher |
I’ve been doing a bit of digging at HM Land Registry today and what I have seen backs up what Phil has previously mentioned and leads me to believe the takeover is well underway and likely just waiting EFL approval.
The Playford Road site (2 parcels of land) is the subject of a priority search in respect of an intended purchase by Gamechanger 20 Ltd which was lodged on 23 February by law firm Gateley PLC out of their Birmingham office (first instruction by that client).The Bent Lane site is subject to a similar priority search in respect of part of the site only, meaning the Evans group company is retaining part of it.
A priority search is carried out by solicitors to preserve their place in the queue of potential applications for dealing, it confers a priority period of about 45 days. It is a matter of public record and available to view by professionals who have the requisite portal account. It is typically only done in the immediate anticipation of completing a transaction, it can be done slightly ahead of this, but usually is done on the day of exchange of contracts. I’m a commercial property solicitor so carry out these searches on a regular basis. My best guess (based on the timing of the search) is Evans likely entered into a conditional contract last Tuesday for the sale of the land (and club). You would not carry out such a search unless a deal including the detail had either been agreed or was extremely close. The reason such searches are not carried out lightly is because it prevents the proprietor from entering into other transactions while the priority is lodged. If a deal is not happening you should cancel the search, but all 3 remain in place.
There is no corresponding priority search in respect of the stadium lease and I would not expect there to be as the lease is owned by the club as tenant and I would expect Gamechanger 20 Ltd is acquiring the existing share capital owned by Evans.
I am happy to share screenshots if anyone would like to see, but the searches are in relation to the Playford Road site (title number SK219236 & SK203140) and the bent lane site (SK200320) they appear under the “application enquiry” tab.
EDIT:
I have now have a placed a brief article on my firm's website here discussing it:
https://prettys.co.uk/news/takeover-ipswich-town-football-club-could-be-progress
[Post edited 8 Mar 2021 12:59]
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| The takeover by Gamechanger 20 Ltd - The training ground land on 09:40 - Mar 18 with 2204 views | PhilTWTD |
| The takeover by Gamechanger 20 Ltd - The training ground land on 09:26 - Mar 18 by hype313 |
Seems to have gone very quiet, not sure if that is a good sign or bad? |
Still hearing it's as I said the other day, not happening as it stands but not dead. I don't think the matter will drag on particularly as I understand it. |  | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 09:42 - Mar 18 with 2169 views | hype313 |
| The takeover by Gamechanger 20 Ltd - The training ground land on 09:40 - Mar 18 by PhilTWTD |
Still hearing it's as I said the other day, not happening as it stands but not dead. I don't think the matter will drag on particularly as I understand it. |
Cheers Phil, appreciate the update, bit of a shame, but we don't know the full in's and out's. |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 09:45 - Mar 18 with 2139 views | itfcjoe |
| The takeover by Gamechanger 20 Ltd - The training ground land on 09:40 - Mar 18 by PhilTWTD |
Still hearing it's as I said the other day, not happening as it stands but not dead. I don't think the matter will drag on particularly as I understand it. |
SO plug will be pulled shortly if not happening? |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 09:58 - Mar 18 with 2069 views | Kieran_Knows |
| The takeover by Gamechanger 20 Ltd - The training ground land on 09:40 - Mar 18 by PhilTWTD |
Still hearing it's as I said the other day, not happening as it stands but not dead. I don't think the matter will drag on particularly as I understand it. |
Do you know what the sticky point has been then, Phil? Given it's seemed relatively closely and far down the line in recent weeks?
Evans holding out for more cash? |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 09:59 - Mar 18 with 2059 views | PhilTWTD |
| The takeover by Gamechanger 20 Ltd - The training ground land on 09:45 - Mar 18 by itfcjoe |
SO plug will be pulled shortly if not happening? |
That's my understanding. | | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:00 - Mar 18 with 2051 views | PhilTWTD |
| The takeover by Gamechanger 20 Ltd - The training ground land on 09:58 - Mar 18 by Kieran_Knows |
Do you know what the sticky point has been then, Phil? Given it's seemed relatively closely and far down the line in recent weeks?
Evans holding out for more cash? |
Not entirely sure but I've never got the impression Marcus really wants to sell and maybe the chance of something to celebrate in what's really only a few weeks' time may have led to second thoughts about selling now. | | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:08 - Mar 18 with 1991 views | JackSted |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:00 - Mar 18 by PhilTWTD |
Not entirely sure but I've never got the impression Marcus really wants to sell and maybe the chance of something to celebrate in what's really only a few weeks' time may have led to second thoughts about selling now. |
Knew it |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 10:09 - Mar 18 with 1981 views | JackPITFC |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:00 - Mar 18 by PhilTWTD |
Not entirely sure but I've never got the impression Marcus really wants to sell and maybe the chance of something to celebrate in what's really only a few weeks' time may have led to second thoughts about selling now. |
What is the point in Marcus, close to selling then deciding not too, another decade of stagnation awaits... [Post edited 18 Mar 2021 10:10]
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| The takeover by Gamechanger 20 Ltd - The training ground land on 10:10 - Mar 18 with 1977 views | BlueBorn86 |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:00 - Mar 18 by PhilTWTD |
Not entirely sure but I've never got the impression Marcus really wants to sell and maybe the chance of something to celebrate in what's really only a few weeks' time may have led to second thoughts about selling now. |
Well, he’s going to feel a fool when we fall away magnificently in a few weeks or do make the playoffs and spectacularly balls it up. I have no faith in the squad or ownership that anyone has any sort of idea what Is good for this club.
I hate being a fan of this club sometimes. I really do. | | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:12 - Mar 18 with 1951 views | portmanking |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:00 - Mar 18 by PhilTWTD |
Not entirely sure but I've never got the impression Marcus really wants to sell and maybe the chance of something to celebrate in what's really only a few weeks' time may have led to second thoughts about selling now. |
Something to celebrate?! Hahahaha. The bloke is single-handedly suffocating the fans and the club, he really is. | | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:21 - Mar 18 with 1889 views | BlueWorldOrder |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:09 - Mar 18 by JackPITFC |
What is the point in Marcus, close to selling then deciding not too, another decade of stagnation awaits... [Post edited 18 Mar 2021 10:10]
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We have no future under Evans. None. This is the worse news. We're going to end up in League Two. |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 10:27 - Mar 18 with 1855 views | Kieran_Knows |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:00 - Mar 18 by PhilTWTD |
Not entirely sure but I've never got the impression Marcus really wants to sell and maybe the chance of something to celebrate in what's really only a few weeks' time may have led to second thoughts about selling now. |
Bimey. I find that baffling! | |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 10:28 - Mar 18 with 1844 views | BlueWorldOrder |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:27 - Mar 18 by Kieran_Knows |
Bimey. I find that baffling! |
He needs to go. | |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 10:30 - Mar 18 with 1834 views | Keno |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:00 - Mar 18 by PhilTWTD |
Not entirely sure but I've never got the impression Marcus really wants to sell and maybe the chance of something to celebrate in what's really only a few weeks' time may have led to second thoughts about selling now. |
so basically you are saying a some draws and a couple of wins and Evans has changed his mind?
was the fall out with Lambert cos Lambert thought he should sell?? |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 10:34 - Mar 18 with 1803 views | ghostofescobar |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:00 - Mar 18 by PhilTWTD |
Not entirely sure but I've never got the impression Marcus really wants to sell and maybe the chance of something to celebrate in what's really only a few weeks' time may have led to second thoughts about selling now. |
It astounds me that he wouldn’t want to sell, other than if he wasn’t offered enough money. He’s a failure at the job and it’s a constant drain on his resources, he’s widely disliked/despised by many Town fans, plus all the hassle that goes with it. |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 10:35 - Mar 18 with 1802 views | abracaDOBRA_ |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:00 - Mar 18 by PhilTWTD |
Not entirely sure but I've never got the impression Marcus really wants to sell and maybe the chance of something to celebrate in what's really only a few weeks' time may have led to second thoughts about selling now. |
If he didn't want to sell, why did he entertain it anyway? At the time really felt like he was doing the right thing for club, new start, wiping off debt.
Feels like he's massively stubborn. |  | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:40 - Mar 18 with 1767 views | portmanking |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:35 - Mar 18 by abracaDOBRA_ |
If he didn't want to sell, why did he entertain it anyway? At the time really felt like he was doing the right thing for club, new start, wiping off debt.
Feels like he's massively stubborn. |
He IS massively stubborn. It's well-known that he's a total control freak. Hence why he cannot fathom giving an experienced CEO with football credentials a chance to oversee things on Evans' behalf.
My opinion is that Evans enjoys being part of the football circle. He's clearly well-respected among his peers, but this doesn't equate to success on the field, nor does it build bridges with supporters. As Darragh MacAnthony said, it's the right time for him to step aside before things get messy.
Whether Evans' ego could handle swallowing his pride, sell up and accept failure is another matter it seems. | | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:52 - Mar 18 with 1688 views | chrismakin |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:00 - Mar 18 by PhilTWTD |
Not entirely sure but I've never got the impression Marcus really wants to sell and maybe the chance of something to celebrate in what's really only a few weeks' time may have led to second thoughts about selling now. |
I reckon with lockdown ending soon. This has been great PR for the Evans Brand in what has been an awful a year of awful PR for him.
The take over and getting rid of Lambert got rid of Blue Action. The heat was lifted and now hes got hospitality back and perhaps a play off to look forward to. |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 10:58 - Mar 18 with 1653 views | runaround |
I would have no issues with Evans keeping the club IF he puts in place a proper structure to allow the club to grow & compete. It does not even have to be a massive investment just a proper structure so it is not stagnating & drifting. He has shown no sign of wanting to do this in the last 13 years so why would he do it now! Under his regime this club has a glass ceiling which is inexorably getting lower season by season & even with a good manager like Paul Cook in place, it feels like the best we can hope for is being a perennial struggler at bottom of championship before Cook gets a better offer & we then slide further in to the abyss
Shape up or sell up Mr Evans |  | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 11:02 - Mar 18 with 1628 views | PhilTWTD |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:30 - Mar 18 by Keno |
so basically you are saying a some draws and a couple of wins and Evans has changed his mind?
was the fall out with Lambert cos Lambert thought he should sell?? |
I doubt that came into it at all. | | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 11:07 - Mar 18 with 1599 views | WeWereZombies |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:30 - Mar 18 by Keno |
so basically you are saying a some draws and a couple of wins and Evans has changed his mind?
was the fall out with Lambert cos Lambert thought he should sell?? |
Or Lambert wanted Evans to stay but loosen the purse strings? |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 11:18 - Mar 18 with 1543 views | LankHenners |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:27 - Mar 18 by Kieran_Knows |
Bimey. I find that baffling! |
He’s a right plum isn’t he?
Obviously we don’t know exactly what’s gone on but if Evans is calling it off then it’s a real worry as there’s no chance he has an epiphany and completely changes how he operates things. |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 11:19 - Mar 18 with 1539 views | NthQldITFC |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:00 - Mar 18 by PhilTWTD |
Not entirely sure but I've never got the impression Marcus really wants to sell and maybe the chance of something to celebrate in what's really only a few weeks' time may have led to second thoughts about selling now. |
I find it hard to understand a 'successful' businessman fannying around like that. Make a decision, cut your losses and get it done, otherwise you're gonna look like a total Charlie Uniform next Tuesday, when your out-of-date strategy and lack of investment sees it all fall apart again.
If PC doesn't get the right support and we keep going backwards, you'll never have heard Ipswich fans roar so loudly, and the publicity will be ten times worse than you've had so far. |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 11:21 - Mar 18 with 1515 views | SomethingBlue |
| The takeover by Gamechanger 20 Ltd - The training ground land on 11:19 - Mar 18 by NthQldITFC |
I find it hard to understand a 'successful' businessman fannying around like that. Make a decision, cut your losses and get it done, otherwise you're gonna look like a total Charlie Uniform next Tuesday, when your out-of-date strategy and lack of investment sees it all fall apart again.
If PC doesn't get the right support and we keep going backwards, you'll never have heard Ipswich fans roar so loudly, and the publicity will be ten times worse than you've had so far. |
Whichever way this goes, Evans will certainly be kicking himself that it got out — if we neither end up in new hands nor go up, fan sentiment is not going to be especially pretty. | |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 11:22 - Mar 18 with 1513 views | WeWereZombies |
| The takeover by Gamechanger 20 Ltd - The training ground land on 11:19 - Mar 18 by NthQldITFC |
I find it hard to understand a 'successful' businessman fannying around like that. Make a decision, cut your losses and get it done, otherwise you're gonna look like a total Charlie Uniform next Tuesday, when your out-of-date strategy and lack of investment sees it all fall apart again.
If PC doesn't get the right support and we keep going backwards, you'll never have heard Ipswich fans roar so loudly, and the publicity will be ten times worse than you've had so far. |
Let's, if the takeover really is dead in the water, wait and see what funds are available to Paul Cook in the summer and what signings are made - both of which depend upon what division we find ourselves in next season. | |
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