| The takeover by Gamechanger 20 Ltd - The training ground land 23:56 - Mar 2 with 161651 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 10:05 - Mar 31 with 5198 views | WeWereZombies |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:02 - Mar 31 by abracaDOBRA_ |
FWIW I thought the same as you, the way he said it made me think of the takeover. Maybe we were just overthinking it, or he was talking as if it was about to happen but obviously things can (and have possibly) changed since then |
I suspect that you are overthinking it, it could just as likely be about a summer of existing players released and four or five new signings. Or bringing in Leam Richardson and other back room staff from Wigan. |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 10:09 - Mar 31 with 5182 views | footers |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:05 - Mar 31 by WeWereZombies |
I suspect that you are overthinking it, it could just as likely be about a summer of existing players released and four or five new signings. Or bringing in Leam Richardson and other back room staff from Wigan. |
It'll be a new five-year contract with Brakes Brothers and the unveiling of an improved Portman Pie. Def info. |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 10:10 - Mar 31 with 5172 views | Herbivore |
| The takeover by Gamechanger 20 Ltd - The training ground land on 09:49 - Mar 31 by JackSted |
What else could he be talking about in that context maybe?
Or maybe he just muddled his words and it wasn't meant to be said like that |
There's loads of things he could be talking about. |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 10:11 - Mar 31 with 5161 views | Herbivore |
| The takeover by Gamechanger 20 Ltd - The training ground land on 09:53 - Mar 31 by RadioOrwell |
Describe a thing that justifies the statement "fans can be very excited about what the club is about to do".
Re painting something doesn't count.
Practicing corners doesn't count.
Judge starting doesn't count.
Finishing 7th doesn't count. |
Bizarre response. | |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 10:19 - Mar 31 with 5099 views | WeWereZombies |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:09 - Mar 31 by footers |
It'll be a new five-year contract with Brakes Brothers and the unveiling of an improved Portman Pie. Def info. |
Brake Brothers?
I can't see Marcus Evans going that upmarket in the current economic climate... | |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 10:34 - Mar 31 with 5024 views | Keno |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:11 - Mar 31 by Herbivore |
Bizarre response. |
even by TWTD standards that was bizarre wasn't it |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 10:51 - Mar 31 with 4937 views | Herbivore |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:34 - Mar 31 by Keno |
even by TWTD standards that was bizarre wasn't it |
It really was. I'm not sure where they got the idea that the four mundane things they listed are the only possible things that Cook might have been referring to. | |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 10:59 - Mar 31 with 4886 views | The_Flashing_Smile |
| The takeover by Gamechanger 20 Ltd - The training ground land on 09:49 - Mar 31 by JackSted |
What else could he be talking about in that context maybe?
Or maybe he just muddled his words and it wasn't meant to be said like that |
The fact that he and his coaches have arrived and it's a new dawn at ITFC? |  |
| Trust the process. Trust Phil. |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 11:34 - Mar 31 with 4749 views | PositivelyPortman |
| The takeover by Gamechanger 20 Ltd - The training ground land on 10:05 - Mar 31 by WeWereZombies |
I suspect that you are overthinking it, it could just as likely be about a summer of existing players released and four or five new signings. Or bringing in Leam Richardson and other back room staff from Wigan. |
Cook’s talking about a tea/coffee machine in the dugout.
That would be exciting wouldn’t it? |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 11:50 - Mar 31 with 4691 views | gordon |
Would guess (with no inside info) that it may be that ME wants to retain some control / involvement in the club, as I think has previously been suggested, and this makes the transaction more complicated in terms of who invests what / is liable for what, and probably makes it less attractive for the potential investors - they are then possibly having a look round to see what other options there are etc. |  | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 11:56 - Mar 31 with 4662 views | hype313 |
| The takeover by Gamechanger 20 Ltd - The training ground land on 11:50 - Mar 31 by gordon |
Would guess (with no inside info) that it may be that ME wants to retain some control / involvement in the club, as I think has previously been suggested, and this makes the transaction more complicated in terms of who invests what / is liable for what, and probably makes it less attractive for the potential investors - they are then possibly having a look round to see what other options there are etc. |
Very bizarre decision by Evans that he want's to stay on in some senior capacity, very Brent Esq, especially considering his time in football has been an unmitigated disaster. |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 13:57 - Mar 31 with 4431 views | Iwasthere |
| The takeover by Gamechanger 20 Ltd - The training ground land on 11:56 - Mar 31 by hype313 |
Very bizarre decision by Evans that he want's to stay on in some senior capacity, very Brent Esq, especially considering his time in football has been an unmitigated disaster. |
I believe that having ITFC on his portfolio of companies suits his ego and he is reluctant to relinquish it. Up until now he has received very little bad publicity from it and being a football club owner sits very comfortably with him
I accept that ownership has cost him a considerable amount of money but I suspect that his personal wealth is secure in the Cayman Islands and the Marcus Evans group are separate from that.
Fans back in the ground, bad publicity and attacks on his incompetence as an owner may be the only way to get rid. Please may it happen, the sooner the better, and give us all some pride and hope. | | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 22:06 - Apr 3 with 3718 views | Muncher |
No changes on the searches, not that I would expect anything at the moment. I did suggest that one explanation for the searches being renewed early was due to staff absences, I no longer think that could be the reason. | | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 22:45 - Apr 3 with 3549 views | BlueBorn86 |
| The takeover by Gamechanger 20 Ltd - The training ground land on 22:06 - Apr 3 by Muncher |
No changes on the searches, not that I would expect anything at the moment. I did suggest that one explanation for the searches being renewed early was due to staff absences, I no longer think that could be the reason. |
In your view Muncher, what is the most likely reason for the renewal of these searches? Have seen on here people saying it’s all completed. That likely? | | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 23:01 - Apr 3 with 3435 views | Muncher |
| The takeover by Gamechanger 20 Ltd - The training ground land on 22:45 - Apr 3 by BlueBorn86 |
In your view Muncher, what is the most likely reason for the renewal of these searches? Have seen on here people saying it’s all completed. That likely? |
It’s certainly possible. The most likely reason for them being renewed is that the buyer believes they are going to go under contract imminently. The seller might have other ideas of course, but that’s why the buyer does it. | | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 23:04 - Apr 3 with 3393 views | jeera |
| The takeover by Gamechanger 20 Ltd - The training ground land on 23:01 - Apr 3 by Muncher |
It’s certainly possible. The most likely reason for them being renewed is that the buyer believes they are going to go under contract imminently. The seller might have other ideas of course, but that’s why the buyer does it. |
Is this a game of Poker at this point maybe Munchers?
To bring this down to its lowest denominator and all that. |  |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 23:10 - Apr 3 with 3356 views | Muncher |
| The takeover by Gamechanger 20 Ltd - The training ground land on 23:04 - Apr 3 by jeera |
Is this a game of Poker at this point maybe Munchers?
To bring this down to its lowest denominator and all that. |
I doubt it, they were lodged on 23 Feb originally as Gamechanger clearly thought they had a deal on, the same again on 30 March. Even though people are now watching I doubt that in itself has any bearing on the deal, it’s not tactical, it’s just a regular part of the legal process that is usually of no interest to anyone whatsoever other than property lawyers. | | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 23:15 - Apr 3 with 3310 views | jeera |
| The takeover by Gamechanger 20 Ltd - The training ground land on 23:10 - Apr 3 by Muncher |
I doubt it, they were lodged on 23 Feb originally as Gamechanger clearly thought they had a deal on, the same again on 30 March. Even though people are now watching I doubt that in itself has any bearing on the deal, it’s not tactical, it’s just a regular part of the legal process that is usually of no interest to anyone whatsoever other than property lawyers. |
Then we look forward to our new American overlords.
And a theme park, cafes, restaurants, pretty walkways, fountains...
And the tarted up ground of course.
And new toilets, and food and drink service.
No more moss on roofs... [Post edited 3 Apr 2021 23:16]
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| The takeover by Gamechanger 20 Ltd - The training ground land on 08:25 - Apr 4 with 2912 views | The_Flashing_Smile |
| The takeover by Gamechanger 20 Ltd - The training ground land on 23:15 - Apr 3 by jeera |
Then we look forward to our new American overlords.
And a theme park, cafes, restaurants, pretty walkways, fountains...
And the tarted up ground of course.
And new toilets, and food and drink service.
No more moss on roofs... [Post edited 3 Apr 2021 23:16]
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I was thinking; for the fountains we could have a row of Suffolk Punch horses squirting water into each other's mouths, like if you've seen those fountains where it looks like the water is bouncing between them. I reckon that would be good. | |
| Trust the process. Trust Phil. |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 08:36 - Apr 4 with 2862 views | Churchman |
| The takeover by Gamechanger 20 Ltd - The training ground land on 08:25 - Apr 4 by The_Flashing_Smile |
I was thinking; for the fountains we could have a row of Suffolk Punch horses squirting water into each other's mouths, like if you've seen those fountains where it looks like the water is bouncing between them. I reckon that would be good. |
Maybe one of the fountains’ horses could be discreetly hosing down a little canary - just to add a little interest. |  | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 09:20 - Apr 4 with 2728 views | The_Flashing_Smile |
| The takeover by Gamechanger 20 Ltd - The training ground land on 08:36 - Apr 4 by Churchman |
Maybe one of the fountains’ horses could be discreetly hosing down a little canary - just to add a little interest. |
Yeah, out of his bum. | |
| Trust the process. Trust Phil. |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 13:39 - Apr 4 with 2490 views | WeWereZombies |
| The takeover by Gamechanger 20 Ltd - The training ground land on 23:15 - Apr 3 by jeera |
Then we look forward to our new American overlords.
And a theme park, cafes, restaurants, pretty walkways, fountains...
And the tarted up ground of course.
And new toilets, and food and drink service.
No more moss on roofs... [Post edited 3 Apr 2021 23:16]
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Steady on, you will be wishing for a team capable of promotion next... | |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 13:40 - Apr 4 with 2478 views | jeera |
| The takeover by Gamechanger 20 Ltd - The training ground land on 13:39 - Apr 4 by WeWereZombies |
Steady on, you will be wishing for a team capable of promotion next... |
A decent cup of coffee would be a start! | |
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| The takeover by Gamechanger 20 Ltd - The training ground land on 13:24 - Apr 6 with 1936 views | itfcbishop |
Confirmation statement have been submitted on IPSWICH TOWN PROPERTY & IPSWICH TOWN STADIUM with no changes. |  | | |
| The takeover by Gamechanger 20 Ltd - The training ground land on 13:27 - Apr 6 with 1895 views | itfcpaul |
| The takeover by Gamechanger 20 Ltd - The training ground land on 13:24 - Apr 6 by itfcbishop |
Confirmation statement have been submitted on IPSWICH TOWN PROPERTY & IPSWICH TOWN STADIUM with no changes. |
And what does that mean? | |
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