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Yes absolutely, in the same way you have sell on clauses for players based on future appearances, you would have similar regarding future performance of the club. It is of course a matter of negotiation at the end of the day.
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Take over question on 13:10 - Mar 30 with 1172 views
Yes absolutely, in the same way you have sell on clauses for players based on future appearances, you would have similar regarding future performance of the club. It is of course a matter of negotiation at the end of the day.
With a pension fund being used to fund the purchase.. could that delay that sort of thing.
I.e you could only effectively use the fund once for original purchase you couldn't use the pot twice? I dont know how those things work.
Cook was told the deal was likely when he took the job, but he's taken it on the basis he'll be backed whether it's done or not, and he wanted reassurances to that effect which he was given. The potential new owners are happy with him in charge and ME had wanted him for months, albeit sounded out alternatives too. ME will continue to share in any success the club has so short term success is still absolutely in his interests whether he's the majority shareholder or not.
Given it's nearly April I think there's going to be some urgency now to get it finalised, especially given the contract situation of a number of players, and looming ST renewal etc. Uncertainty benefits nobody.
Not claiming to have def info but I've been told by a very reputable source the whole time that the deal isn't dead, and was told that again as recently as last week, and have said as much on here. These things always take time and there's always things that can put spanners in the works unfortunately.
Take over question on 13:28 - Mar 30 by clive_baker
They can write into the deal anything they want.
Cook was told the deal was likely when he took the job, but he's taken it on the basis he'll be backed whether it's done or not, and he wanted reassurances to that effect which he was given. The potential new owners are happy with him in charge and ME had wanted him for months, albeit sounded out alternatives too. ME will continue to share in any success the club has so short term success is still absolutely in his interests whether he's the majority shareholder or not.
Given it's nearly April I think there's going to be some urgency now to get it finalised, especially given the contract situation of a number of players, and looming ST renewal etc. Uncertainty benefits nobody.
Not claiming to have def info but I've been told by a very reputable source the whole time that the deal isn't dead, and was told that again as recently as last week, and have said as much on here. These things always take time and there's always things that can put spanners in the works unfortunately.
Time for this...
Marcus with the shovel?
You are the obsolete SRN4 to my Fairey Rotodyne....
I'm just guessing here - but if the deal is being funded by debt, those responsible for providing the funds might be looking for some sort of guarantees about their high interest loan?
Ipswich Town have gone backwards to their worst position in sixty years, allegedly run up debts of £100 million and been the subject of winding up orders by Mr or Mrs Taxman not once, but twice under the canny stewardship of Marcus Evans.
IF I was a steward of a USA pension fund, I might question if there was a slightly more sensible investment closer to home than trust a cabal of vultures with no orevious known interest in a small town, moribund football club in a far off land.
I'm just guessing here - but if the deal is being funded by debt, those responsible for providing the funds might be looking for some sort of guarantees about their high interest loan?
Ipswich Town have gone backwards to their worst position in sixty years, allegedly run up debts of £100 million and been the subject of winding up orders by Mr or Mrs Taxman not once, but twice under the canny stewardship of Marcus Evans.
IF I was a steward of a USA pension fund, I might question if there was a slightly more sensible investment closer to home than trust a cabal of vultures with no orevious known interest in a small town, moribund football club in a far off land.
None of the debt is external and will be written off at the point of disposal, so I don't see the relevance? They won't be inheriting any external debt.
As for the 'winding up orders', it makes for a nice soundbite but really it was much ado about nothing and owing to a clerical error by HMRC. Again, don't see the relevance of that.
I'm just guessing here - but if the deal is being funded by debt, those responsible for providing the funds might be looking for some sort of guarantees about their high interest loan?
Ipswich Town have gone backwards to their worst position in sixty years, allegedly run up debts of £100 million and been the subject of winding up orders by Mr or Mrs Taxman not once, but twice under the canny stewardship of Marcus Evans.
IF I was a steward of a USA pension fund, I might question if there was a slightly more sensible investment closer to home than trust a cabal of vultures with no orevious known interest in a small town, moribund football club in a far off land.
On the last part. pension funds do invest in small high risk investments which can be offset by the larger lower returning investments if all goes wrong. Buying Ipswich now and taking it to the premier league in next few years would make hell of a return for them. Although Ipswich is out on a limb, it’s still on a 1hour and a bit from London, the only professional team in the county and already has good enough infrastructure to be a premier league club.
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Take over question on 15:54 - Mar 30 with 811 views
I'm just guessing here - but if the deal is being funded by debt, those responsible for providing the funds might be looking for some sort of guarantees about their high interest loan?
Ipswich Town have gone backwards to their worst position in sixty years, allegedly run up debts of £100 million and been the subject of winding up orders by Mr or Mrs Taxman not once, but twice under the canny stewardship of Marcus Evans.
IF I was a steward of a USA pension fund, I might question if there was a slightly more sensible investment closer to home than trust a cabal of vultures with no orevious known interest in a small town, moribund football club in a far off land.