The takeover by Gamechanger 20 Ltd - The training ground land 23:56 - Mar 2 with 159574 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 11:31 - Mar 11 with 3243 views | Kieran_Knows |
The takeover by Gamechanger 20 Ltd - The training ground land on 11:28 - Mar 11 by BlueWorldOrder | Or whats being hidden from us? |
I don't really understand what you quite expect? What are you expecting to hear? Who from? As it's been pointed out several times, the deal is in motion, just let it play out. If it happens, great. If not, then it doesn't happen. |  |
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The takeover by Gamechanger 20 Ltd - The training ground land on 11:32 - Mar 11 with 3244 views | SomethingBlue |
The takeover by Gamechanger 20 Ltd - The training ground land on 11:28 - Mar 11 by BlueWorldOrder | Or whats being hidden from us? |
Nah, relax, it's going OK. |  |
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The takeover by Gamechanger 20 Ltd - The training ground land on 11:33 - Mar 11 with 3226 views | WeWereZombies |
The takeover by Gamechanger 20 Ltd - The training ground land on 11:32 - Mar 11 by SomethingBlue | Nah, relax, it's going OK. |
Or not, as the case may be... |  |
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The takeover by Gamechanger 20 Ltd - The training ground land on 12:00 - Mar 11 with 3109 views | ArnieM | Is there a time when a take over , (any take over), would be best being done , in terms of taxation etc . ie is it best done before the end of a tax year, or right at the end of a tax year? |  |
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The takeover by Gamechanger 20 Ltd - The training ground land on 12:09 - Mar 11 with 3066 views | dirtyboy |
The takeover by Gamechanger 20 Ltd - The training ground land on 12:00 - Mar 11 by ArnieM | Is there a time when a take over , (any take over), would be best being done , in terms of taxation etc . ie is it best done before the end of a tax year, or right at the end of a tax year? |
I can answer that question. It depends. |  | |  |
The takeover by Gamechanger 20 Ltd - The training ground land on 12:10 - Mar 11 with 3058 views | ArnieM |
The takeover by Gamechanger 20 Ltd - The training ground land on 12:09 - Mar 11 by dirtyboy | I can answer that question. It depends. |
on? |  |
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The takeover by Gamechanger 20 Ltd - The training ground land on 12:42 - Mar 11 with 2970 views | dirtyboy |
The takeover by Gamechanger 20 Ltd - The training ground land on 12:10 - Mar 11 by ArnieM | on? |
Sorry, I was being awkward. There are literally, so many variables. Simply, you could possibly be right in respect of delaying for fiscal tax year to pass, but it's too difficult to tell. MEG is comprised of multiple companies, various year ends and then the possible details of the actual takeover and impact on Evans as an individual. Who knows, but maybe lol! |  | |  |
The takeover by Gamechanger 20 Ltd - The training ground land on 12:49 - Mar 11 with 2940 views | BlueWorldOrder |
The takeover by Gamechanger 20 Ltd - The training ground land on 11:33 - Mar 11 by WeWereZombies | Or not, as the case may be... |
Seems to be moving very slowly. |  |
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The takeover by Gamechanger 20 Ltd - The training ground land on 12:52 - Mar 11 with 2926 views | DanTheMan |
The takeover by Gamechanger 20 Ltd - The training ground land on 12:49 - Mar 11 by BlueWorldOrder | Seems to be moving very slowly. |
They do move slowly, you just don't usually know about them. They take months. |  |
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The takeover by Gamechanger 20 Ltd - The training ground land on 12:54 - Mar 11 with 2913 views | WeWereZombies |
The takeover by Gamechanger 20 Ltd - The training ground land on 12:52 - Mar 11 by DanTheMan | They do move slowly, you just don't usually know about them. They take months. |
And then three come along at once... |  |
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The takeover by Gamechanger 20 Ltd - The training ground land on 12:54 - Mar 11 with 2915 views | SomethingBlue |
The takeover by Gamechanger 20 Ltd - The training ground land on 12:49 - Mar 11 by BlueWorldOrder | Seems to be moving very slowly. |
It really isn't — honestly. People are too attuned to the need for 24/7 news now now now. Big things like this don't work like that. |  |
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The takeover by Gamechanger 20 Ltd - The training ground land on 12:54 - Mar 11 with 2911 views | JackSted |
The takeover by Gamechanger 20 Ltd - The training ground land on 12:49 - Mar 11 by BlueWorldOrder | Seems to be moving very slowly. |
You do realise this has all been going on for around 7/8 months now.... we only started to hear about this maybe a month ago at best |  |
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The takeover by Gamechanger 20 Ltd - The training ground land on 15:21 - Mar 11 with 2722 views | Muncher |
The takeover by Gamechanger 20 Ltd - The training ground land on 12:54 - Mar 11 by JackSted | You do realise this has all been going on for around 7/8 months now.... we only started to hear about this maybe a month ago at best |
I get the impression that they've kept this under wraps incredibly well, it is likely news of the deal has only leaked once has been agreed. |  | |  |
The takeover by Gamechanger 20 Ltd - The training ground land on 15:32 - Mar 11 with 2671 views | JackSted |
The takeover by Gamechanger 20 Ltd - The training ground land on 15:21 - Mar 11 by Muncher | I get the impression that they've kept this under wraps incredibly well, it is likely news of the deal has only leaked once has been agreed. |
Exactly. I don't see why Brett would've started liking all of ITFC's posts if a deal hasn't already been agreed. |  |
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The takeover by Gamechanger 20 Ltd - The training ground land on 16:58 - Mar 11 with 2509 views | BlueWorldOrder |
The takeover by Gamechanger 20 Ltd - The training ground land on 12:54 - Mar 11 by JackSted | You do realise this has all been going on for around 7/8 months now.... we only started to hear about this maybe a month ago at best |
Where has it been stated that this has been going on 8 months? |  |
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The takeover by Gamechanger 20 Ltd - The training ground land on 17:00 - Mar 11 with 2508 views | SomethingBlue |
The takeover by Gamechanger 20 Ltd - The training ground land on 16:58 - Mar 11 by BlueWorldOrder | Where has it been stated that this has been going on 8 months? |
It's how these things work. It will certainly have been ongoing for many months. |  |
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The takeover by Gamechanger 20 Ltd - The training ground land on 17:03 - Mar 11 with 2485 views | Kieran_Knows |
The takeover by Gamechanger 20 Ltd - The training ground land on 16:58 - Mar 11 by BlueWorldOrder | Where has it been stated that this has been going on 8 months? |
Do you honestly think this takeover just appeared a couple of weeks back and that was the start of it? |  |
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The takeover by Gamechanger 20 Ltd - The training ground land on 17:04 - Mar 11 with 2471 views | Charlie_pl_baxter |
The takeover by Gamechanger 20 Ltd - The training ground land on 17:00 - Mar 11 by SomethingBlue | It's how these things work. It will certainly have been ongoing for many months. |
Maybe not directly relevant but my work involves setting up commercial partnerships and we often work on things that take 12-18 months to complete, and that's just two organisations agreeing to work together let alone an actual takeover. |  |
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The takeover by Gamechanger 20 Ltd - The training ground land on 17:18 - Mar 11 with 2423 views | abracaDOBRA_ | Theres a podcast with Jordan Gardner (associate of Brett) and he talks about how he wasn't keen on being part of game changer 20 as wouldn't make money from us etc. Thought it was interesting as his mate pretty much confirms the takeover |  | |  |
The takeover by Gamechanger 20 Ltd - The training ground land on 17:47 - Mar 11 with 2322 views | BryanPlug |
The takeover by Gamechanger 20 Ltd - The training ground land on 17:18 - Mar 11 by abracaDOBRA_ | Theres a podcast with Jordan Gardner (associate of Brett) and he talks about how he wasn't keen on being part of game changer 20 as wouldn't make money from us etc. Thought it was interesting as his mate pretty much confirms the takeover |
[content removed at owner's request] |  |
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The takeover by Gamechanger 20 Ltd - The training ground land on 10:30 - Mar 12 with 1789 views | Muncher | Daily update, they are still there. |  | |  |
The takeover by Gamechanger 20 Ltd - The training ground land on 10:31 - Mar 12 with 1775 views | Metal_Hacker |
The takeover by Gamechanger 20 Ltd - The training ground land on 10:30 - Mar 12 by Muncher | Daily update, they are still there. |
Cheers Muncher Tell em to pull their finger out |  |
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The takeover by Gamechanger 20 Ltd - The training ground land on 11:15 - Mar 12 with 1671 views | BlueWorldOrder |
Really worrying now. |  |
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The takeover by Gamechanger 20 Ltd - The training ground land on 11:18 - Mar 12 with 1661 views | Keno |
The takeover by Gamechanger 20 Ltd - The training ground land on 11:15 - Mar 12 by BlueWorldOrder | Really worrying now. |
why? |  |
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