| The takeover by Gamechanger 20 Ltd - The training ground land 23:56 - Mar 2 with 164276 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 14:57 - Mar 25 with 6561 views | itfcbishop |
| The takeover by Gamechanger 20 Ltd - The training ground land on 14:56 - Mar 25 by Metal_Hacker |
Oh great LinkedIn profile |
Apologies! haha lets connect! |  | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 15:36 - Mar 25 with 6402 views | chrismakin |
| The takeover by Gamechanger 20 Ltd - The training ground land on 15:15 - Mar 25 by JackSted |
He liked a similar comment on that post too. Think a guy commented saying "save some for the Ipswich" which he also liked |
Genuine question.
Could it all be a bit of investment from them rather than an an actual take over of the club?
Part of the investment being the obtainment of training area land etc. |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 16:07 - Mar 25 with 6335 views | itfcbishop |
| The takeover by Gamechanger 20 Ltd - The training ground land on 15:36 - Mar 25 by chrismakin |
Genuine question.
Could it all be a bit of investment from them rather than an an actual take over of the club?
Part of the investment being the obtainment of training area land etc. |
Would you invest in the club with Evans running daily proceedings? | | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 16:11 - Mar 25 with 6307 views | chrismakin |
| The takeover by Gamechanger 20 Ltd - The training ground land on 16:07 - Mar 25 by itfcbishop |
Would you invest in the club with Evans running daily proceedings? |
If my investment meant I could help the club by providing some key people in certain areas yeah. He has kept the club solvent despite financial restraints. For all his failings that's fact.
Perhaps having a hand in the club might work for both parties rather than a full take over.. Evans doesnt lose the club and both can take the positives if the club went forwards etc. | |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 16:55 - Mar 25 with 6240 views | LankHenners |
| The takeover by Gamechanger 20 Ltd - The training ground land on 16:11 - Mar 25 by chrismakin |
If my investment meant I could help the club by providing some key people in certain areas yeah. He has kept the club solvent despite financial restraints. For all his failings that's fact.
Perhaps having a hand in the club might work for both parties rather than a full take over.. Evans doesnt lose the club and both can take the positives if the club went forwards etc. |
Phil (and the EADT) has already said Evans isn't keen to have additional investors as it means he loses some control over the club, but is still involved in some way whereas a clean break means it's someone elses problem.
As for the investors, there's no point at all in them just buying the training ground, for example. |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 12:34 - Mar 26 with 5770 views | Muncher |
The searches are still there today... | | | |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 12:45 - Mar 26 with 5728 views | itfcbishop |
| The takeover by Gamechanger 20 Ltd - The training ground land on 12:34 - Mar 26 by Muncher |
The searches are still there today... |
I think the real indication will be 7th April, if its extended then we can assume the deal is still in motion. [Post edited 29 Mar 2021 11:32]
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| The takeover by Gamechanger 20 Ltd - The training ground land on 15:57 - Mar 29 with 5304 views | Muncher |
The searches are still in place, anything is possible. | | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 16:13 - Mar 29 with 5228 views | jeera |
| The takeover by Gamechanger 20 Ltd - The training ground land on 15:57 - Mar 29 by Muncher |
The searches are still in place, anything is possible. |
Good man.
Keep that hope alive for a bit longer! |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 08:45 - Mar 30 with 4832 views | Muncher |
The deal is likely back on, Gateleys have just lodged further searches 2 minutes ago. [Post edited 30 Mar 2021 8:52]
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| The takeover by Gamechanger 20 Ltd - The training ground land on 08:46 - Mar 30 with 4817 views | saffers12 |
| The takeover by Gamechanger 20 Ltd - The training ground land on 08:45 - Mar 30 by Muncher |
The deal is likely back on, Gateleys have just lodged further searches 2 minutes ago. [Post edited 30 Mar 2021 8:52]
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I want to have your babies!!! |  | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 08:51 - Mar 30 with 4778 views | Metal_Hacker |
| The takeover by Gamechanger 20 Ltd - The training ground land on 08:46 - Mar 30 by saffers12 |
I want to have your babies!!! |
Oh matron !!!!! Here's hoping....it's back on and not you having Muncher's babies obviously |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 08:53 - Mar 30 with 4755 views | Metal_Hacker |
| The takeover by Gamechanger 20 Ltd - The training ground land on 08:45 - Mar 30 by Muncher |
The deal is likely back on, Gateleys have just lodged further searches 2 minutes ago. [Post edited 30 Mar 2021 8:52]
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Two further searches .Further as in new ,extended ,same interested parties or perhaps new ? | |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 08:53 - Mar 30 with 4815 views | Muncher |
On all 3 parcels of land just lodged within minutes of each other. | | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 08:54 - Mar 30 with 4743 views | Metal_Hacker |
| The takeover by Gamechanger 20 Ltd - The training ground land on 08:53 - Mar 30 by Muncher |
On all 3 parcels of land just lodged within minutes of each other. |
So still with Gamechanger - interesting | |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 08:55 - Mar 30 with 4732 views | hype313 |
| The takeover by Gamechanger 20 Ltd - The training ground land on 08:54 - Mar 30 by Metal_Hacker |
So still with Gamechanger - interesting |
This could be a gamechanger..
Sorry, just getting in there before Phil. |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 09:05 - Mar 30 with 4626 views | Herbivore |
| The takeover by Gamechanger 20 Ltd - The training ground land on 08:45 - Mar 30 by Muncher |
The deal is likely back on, Gateleys have just lodged further searches 2 minutes ago. [Post edited 30 Mar 2021 8:52]
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It certainly suggests the deal is not entirely dead. Interesting. |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 09:06 - Mar 30 with 4614 views | portmanking |
| The takeover by Gamechanger 20 Ltd - The training ground land on 08:53 - Mar 30 by Muncher |
On all 3 parcels of land just lodged within minutes of each other. |
Top man, Muncher. Certainly doesn't suggest that it's dead and buried. I wonder if our flagging league fortunes have seen Evans admit defeat? | | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 09:08 - Mar 30 with 4577 views | JackSted |
| The takeover by Gamechanger 20 Ltd - The training ground land on 08:53 - Mar 30 by Muncher |
On all 3 parcels of land just lodged within minutes of each other. |
I always thought the deal could still be on the cards. ME is definitely a shady guy and could've played off the takeover news to everyone around the club except him and Gamechanger, hence why Phil was reporting it was all but dead? |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 09:10 - Mar 30 with 4553 views | Cheltenham_Blue |
| The takeover by Gamechanger 20 Ltd - The training ground land on 08:53 - Mar 30 by Muncher |
On all 3 parcels of land just lodged within minutes of each other. |
Expiring on 13th May.
5 days after our final game of the season. |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 09:31 - Mar 30 with 4643 views | Muncher |
So what can we take from this? At a very basic level the Gamechanger deal is sufficiently "live" from their point of view that they want to preserve their priority position.
The timing of it is interesting, on the one hand you could say they are coming to the end of their period of protection and with Easter in the middle of it they don't want to inadvertently let it lapse over Easter, but it won't lapse until 8 April, a full 2 days after everyone is back working . So to me, that's a little bit on the premature side of things as they are generating a week and half of overlap between their searches, i.e. 25%.
Someone at Gateleys, probably a junior solicitor was up and logged on to the portal to renew the searches at around 8:40am, so fairly early if this was a "routine" extension, so you could perhaps infer that there is some significance about today in particular, i.e. it one of the nice easy things to get out of the way early in the day on your long list of pre-completion tasks... [Post edited 30 Mar 2021 9:37]
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| The takeover by Gamechanger 20 Ltd - The training ground land on 09:39 - Mar 30 with 4419 views | GlasgowBlue |
| The takeover by Gamechanger 20 Ltd - The training ground land on 09:31 - Mar 30 by Muncher |
So what can we take from this? At a very basic level the Gamechanger deal is sufficiently "live" from their point of view that they want to preserve their priority position.
The timing of it is interesting, on the one hand you could say they are coming to the end of their period of protection and with Easter in the middle of it they don't want to inadvertently let it lapse over Easter, but it won't lapse until 8 April, a full 2 days after everyone is back working . So to me, that's a little bit on the premature side of things as they are generating a week and half of overlap between their searches, i.e. 25%.
Someone at Gateleys, probably a junior solicitor was up and logged on to the portal to renew the searches at around 8:40am, so fairly early if this was a "routine" extension, so you could perhaps infer that there is some significance about today in particular, i.e. it one of the nice easy things to get out of the way early in the day on your long list of pre-completion tasks... [Post edited 30 Mar 2021 9:37]
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Could you please offer your services to Marcus Evans to move this deal forward? You seem far more competent than the people he currently employs. |  |
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