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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:
The takeover by Gamechanger 20 Ltd - The training ground land on 15:16 - Mar 19 by SpruceMoose
Very true.
Anyone who feels this takeover business is impacting their personal life, and is unable to step away themselves, should probably seek professional help.
It's affecting me.
I have to keep reading posts from people whining about it.
You just innocently pop on to see what's going on and get faced with this fecking down beat attitude.
Like the past year hasn't been hard enough!
There are people dying in the world, children being blown up, families starving ffs.
The takeover by Gamechanger 20 Ltd - The training ground land on 15:19 - Mar 19 by jeera
It's affecting me.
I have to keep reading posts from people whining about it.
You just innocently pop on to see what's going on and get faced with this fecking down beat attitude.
Like the past year hasn't been hard enough!
There are people dying in the world, children being blown up, families starving ffs.
I do have to say, anyone supporting us has had twenty years to get used to the fact that we are crap and poorly run. This is not a new sensation!
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"Imagine being a heterosexual white male in Britain at this moment. How bad is that. Everything you say is racist, everything you say is homophobic. The Woke community have really f****d this country."
The takeover by Gamechanger 20 Ltd - The training ground land on 15:19 - Mar 19 by jeera
It's affecting me.
I have to keep reading posts from people whining about it.
You just innocently pop on to see what's going on and get faced with this fecking down beat attitude.
Like the past year hasn't been hard enough!
There are people dying in the world, children being blown up, families starving ffs.
According to this forum it was wrong to get excited about this. It is now wrong to be upset by it. It is wrong to want your team to win and do better. What is right? Constant digging at other posters. I am allowed to support my team with a passion. If you don't care why don't you lot move on instead of picking on me? Bullying is not acceptable.
The takeover by Gamechanger 20 Ltd - The training ground land on 17:16 - Mar 19 by BlueWorldOrder
According to this forum it was wrong to get excited about this. It is now wrong to be upset by it. It is wrong to want your team to win and do better. What is right? Constant digging at other posters. I am allowed to support my team with a passion. If you don't care why don't you lot move on instead of picking on me? Bullying is not acceptable.
Jesus Christ.
No one is bullying you. People are asking you to act like a rational adult and accept the fact that there is nothing you can do about the situation. Chill out. There's no need to get so wound up over a football club.
Posting about it constantly isn't going to change anything either. Sorry, but that's the long and short of it.
Dear old footers KC - Private Counsel to Big Farmer - Liberator of Vichy TWTD
The takeover by Gamechanger 20 Ltd - The training ground land on 17:16 - Mar 19 by BlueWorldOrder
According to this forum it was wrong to get excited about this. It is now wrong to be upset by it. It is wrong to want your team to win and do better. What is right? Constant digging at other posters. I am allowed to support my team with a passion. If you don't care why don't you lot move on instead of picking on me? Bullying is not acceptable.
No one's bullying you, you daft sausage.
Don't start that nonsense. People are just suggesting some perspective.
We all want things to improve dramatically for the club, of course we do.
The takeover by Gamechanger 20 Ltd - The training ground land on 10:23 - Mar 22 by Muncher
No, same as before, still there.
Thanks Muncher, always appreciate the update.
I'm resorting to just checking in once a week on this now, trying to put takeover thoughts way to the back of my head. If it happens, brilliant, if it doesn't, well we are no further forward than we were before but hopefully, we now have the right manager in place for the long run. I just really want to see the team starting to find some kind of consistency over the next couple of weeks to at least make this season end with a little more excitement.
“What is a club in any case? Not the buildings or the directors or the people who are paid to represent it. It’s not the television contracts, get-out clauses, marketing departments or executive boxes.
“It’s the noise, the passion, the feeling of belonging, the pride in your city. It’s a small boy clambering up the stadium steps for the very first time, gripping his father’s hand, gawping at that hallowed stretch of turf beneath him, and without being able to do a thing about it, falling in love.” - Sir Bobby x
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The takeover by Gamechanger 20 Ltd - The training ground land on 11:15 - Mar 22 with 3700 views
The takeover by Gamechanger 20 Ltd - The training ground land on 22:12 - Mar 22 by PhilTWTD
Not sure Marcus really wants to sell and that being the case presumably the deal on offer isn't one he sees as acceptable.
Phil, if Marcus doesn't really want to sell how have we got to a situation where priority searches are in place and the deal is with the EFL for ratification (per your previous info). Muncher has already confirmed that the priority search is highly likely to mean that Evans and Gamechanger have entered into a conditional contract for the sale of the club. Asking for EFL approval also suggests a deal was pretty much done. To get to that stage would suggest Evans had agreed a price. If it does fall through isn't it more likely a funding or ratification issue with the buyer?
We are going nowhere fast under Evans 'leadership' and he needs to sell to someone who has the expertise, time, passion and finance to revitalise our great club. I have it on good authority that Gamechanger still want to do this deal (no I'm not revealing my source!) so until we know it's off, I'm keeping the faith.
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The takeover by Gamechanger 20 Ltd - The training ground land on 23:40 - Mar 22 with 2951 views
The takeover by Gamechanger 20 Ltd - The training ground land on 23:14 - Mar 22 by Hessleblue
Phil, if Marcus doesn't really want to sell how have we got to a situation where priority searches are in place and the deal is with the EFL for ratification (per your previous info). Muncher has already confirmed that the priority search is highly likely to mean that Evans and Gamechanger have entered into a conditional contract for the sale of the club. Asking for EFL approval also suggests a deal was pretty much done. To get to that stage would suggest Evans had agreed a price. If it does fall through isn't it more likely a funding or ratification issue with the buyer?
We are going nowhere fast under Evans 'leadership' and he needs to sell to someone who has the expertise, time, passion and finance to revitalise our great club. I have it on good authority that Gamechanger still want to do this deal (no I'm not revealing my source!) so until we know it's off, I'm keeping the faith.
I'm pretty sure you're right that Gamechanger still want to do the deal, however, I don't think they're going to wait around for too long.
I can only speculate but I think the interest is the nearest anyone's come to an acceptable deal hence it's gone as far as it has, but ME is still not entirely sure he wants to offload the club. The new manager coming in may also have reinvigorated him.
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The takeover by Gamechanger 20 Ltd - The training ground land on 23:41 - Mar 22 with 2948 views
The takeover by Gamechanger 20 Ltd - The training ground land on 22:12 - Mar 22 by PhilTWTD
Not sure Marcus really wants to sell and that being the case presumably the deal on offer isn't one he sees as acceptable.
This is correct.
As fans we need to move on from this one...it was never particularly close. Evans won’t sell us in L1 because his valuation is no where near what any part will pay for a L1 club.
The takeover by Gamechanger 20 Ltd - The training ground land on 23:40 - Mar 22 by PhilTWTD
I'm pretty sure you're right that Gamechanger still want to do the deal, however, I don't think they're going to wait around for too long.
I can only speculate but I think the interest is the nearest anyone's come to an acceptable deal hence it's gone as far as it has, but ME is still not entirely sure he wants to offload the club. The new manager coming in may also have reinvigorated him.
What this club desperately needs is structure, football experienced leaders, investment and an injection of interest and invigoration, not a continuation of part time leadership and investment at a level that barely keeps us afloat, whilst player quality continuously declines, by someone who recently said the structure is in place. News flash Marcus, no it isn’t.
We finally have hired the right manager, but he’ll soon get frustrated when his attempts to rebuild after the cull are hampered by a frees and loans budget, and zero recruitment structure and analysis in place to identify the players that fit his style.
As things stand, under Evans, and the longer he dwells/holds on/doesn’t show anything that he actually does want to give it a go, I have no faith this summer will be anything other than a failure.
[Post edited 23 Mar 2021 7:51]
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The takeover by Gamechanger 20 Ltd - The training ground land on 09:24 - Mar 23 with 2489 views
The takeover by Gamechanger 20 Ltd - The training ground land on 07:50 - Mar 23 by SenatorBlue
This frustrates the hell out of me.
What this club desperately needs is structure, football experienced leaders, investment and an injection of interest and invigoration, not a continuation of part time leadership and investment at a level that barely keeps us afloat, whilst player quality continuously declines, by someone who recently said the structure is in place. News flash Marcus, no it isn’t.
We finally have hired the right manager, but he’ll soon get frustrated when his attempts to rebuild after the cull are hampered by a frees and loans budget, and zero recruitment structure and analysis in place to identify the players that fit his style.
As things stand, under Evans, and the longer he dwells/holds on/doesn’t show anything that he actually does want to give it a go, I have no faith this summer will be anything other than a failure.
[Post edited 23 Mar 2021 7:51]
He needs to sell up, for the good of the club and himself, he's not got the nous to run a successful football club.
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