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Town Takeover Stalls
Monday, 15th Mar 2021 17:03

TWTD understands that as things stand the proposed US-backed takeover of the Blues is off.

As previously reported, a consortium led by former West Brom chief executive officer and Oxford board member Mike O’Leary and co-owners of USL club Phoenix Rising including Brett Johnson was looking to buy the Blues from current owner Marcus Evans in a £30 million deal.

However, we understand the move, which had made significant progress with the EFL involved and Land Registry priority searches in place regarding the training ground, has now stalled and while not yet dead appears much less likely to go through that it did than when the news first broke in late February.

Owner Marcus Evans, who recently appointed Paul Cook as manager, has played down the prospect of a deal being done saying earlier this month that he has received no offer which is "currently acceptable to me or the club”.

Town's position has improved significantly over the last month, the Blues having climbed from mid-table to sixth in League One.


Photo: Matchday Images



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TractorRoyNo1 added 17:50 - Mar 15
As the man said to the hooker, "I want sex it's just a matter of the price" - Evans believes he is a strong position, and so can wait until May to see what league we will be in; that will decide the final price.
3

Monkey_Blue added 17:59 - Mar 15
Read absolutely nothing that made me feel comfortable with this takeover. Of course some muppets think it's the panacea to all our problems. Evans has shown he's happy to keep the club stable and anyone who thinks the squad and budget isn't good enough to get out of this league knows nothing about football or hasn't looked at who has got out of this league.
5

blueconscience added 18:08 - Mar 15
Oh well, to non league we go
-6

Monkey_Blue added 18:10 - Mar 15
The warnings lights should be flashing to everyone with the words “pension fund”, “American”, “property developer”, “Training Ground search”..... but people who think football is a computer game should realise every club wants success and there is no perfect recipe otherwise the Premier League would be a 10 way tie between all the wealthy clubs every year. Evans won't sell the long term future of the club out to some group who might end up asset stripping for profit and leaving the club screwed.
10

BeattiesBackPocket added 18:12 - Mar 15
I'm interested in anyone supporting evans still to tell us why they think we are better and how we improve under him?? We'll decline because that's all we've done so far under him. As I've said in his 14 years at the club wimbledon have started from isthmian league and now in the same league as us that's what's happened to us in 14 years!
7

brendenward35 added 18:19 - Mar 15
I personally think we now have a manager who really knows what his doing maybe ME has had second thoughts about selling and he has a right too. Buy out by pension funds made me feel uneasy especially when they could cut their loses if we don't get promoted. Better the devil you know as they say. If ME gets the right offer and a new buyer ticks all the boxes that they will move club forward he will sell. Maybe the US consortium didn't tick the boxes.
7

Gforce added 18:20 - Mar 15
Oh well, we'll just have to wait for Mike Ashley to finally sell Newcastle and ride down here on his white horse to save the day.
0

bluelodgeblue added 18:21 - Mar 15
Maybe there's more than one offer?
1

Steve_ITFC_Sweden added 18:23 - Mar 15
Surprise, surprise. This is very much how all these deals seem to progress. Wait for, ”on” - ”off” - ”on” - ”off” until some final decision is reached one way or the other.
4

Europablue added 18:25 - Mar 15
I was never sure about this take over. We have jumped to many a rebound manager and look where that has got us. I would only welcome the right takeover, and an American consortium does not sound great to me. ME has invested a lot of money, the main problem is that he gave it to the wrong managers.
I have a lot of faith in Paul Cook. I really feel like Lambert had unrealistic expectations, like we had to have Dortmund's level of expectations.
There really is no reason to rush a take over with the position we are in the league. Let's just concentrate on the football and see what the summer brings after that.
4

Dolphinblue added 18:27 - Mar 15
Thank god! Evans saviour coyb
-10

Europablue added 18:33 - Mar 15
BeattiesBackPocket
Wimbledon are only one league down from Norwich. What's your point? If we get promoted this year, we are basically where we were when he came in.
I'm not a big supporter of ME. I think he's a public relations disaster, he really should show the fans the passion that people like PC talk about.
I feel like ME's main deficiency has been his recruitment of manager and this time I feel like he has finally got the right man for the club. To be fair MM was a great appointment on the business side, not so much on the entertainment side.
3

BromleyBloo added 18:38 - Mar 15
We do need to get rid of Evans ASAP. Say we get promoted this season - please God! - does anybody really think that after the last 13 years of total incompetence and mismanagement by somebody who clearly hadn't a clue about anything he has done and taken our great club to the lowest level it has been for 60 years, will suddenly turn in to an informed and wise owner who will invest at the level necessary to allow the current squad to stay in the championship??? Dream on........................
2

casanovacrow added 18:38 - Mar 15
If Evans stays he better change his ways. I hate to think where the club will be with another decade of the same.
6

CraigEdwards added 18:45 - Mar 15
Just a smoke screen
0

RegencyBlue added 18:45 - Mar 15
Great shame.

I won't be back until Evans is gone!
3

Safetyfirstmrwark added 18:58 - Mar 15
Evans out! This is like slow death by a thousand disappointments...
4

Dog added 19:03 - Mar 15
BeattiesBackPocket - again no great fan of ME, but until someone does some proper reporting and tell us how much financial strength this consortium had , and how much of THIER
4

Dog added 19:04 - Mar 15
own money they were going to invest, then i am extremely worried about a pension fund taking over the club and for that reason alone i will still stick with the devil i know.
5

dirtydingusmagee added 19:11 - Mar 15
had my doubts it would happen all along,and nothing Evans has said has made me think otherwise.As i said when news of sale broke, too many people were clutching it like a done deal out of desperation. Sadly its just going to be business as usual, no money for players,an under performing over rated squad/team and lge 1 football again next season and maybe beyond, playoffs are a possibility but thats then 3 games against tough opposition to win , imo thats not going to happen .
2

ScottCandage added 19:16 - Mar 15
Well I feel like I got kicked in the head. We'll never get up with Evans. This club is dead.
3

BeattiesBackPocket added 19:19 - Mar 15
@Europablue my point is people that support Evans cannot tell me how we have improved in his 14 years a little like you cant and my point about Wimbledon is showing the timescale in how long Evans has been here and take us from Championship play off challengers whilst another team have climbed 5 divisions from non league to be in the same league as us! Regarding Norwich as you mention well next season theyll be two leagues away YET AGAIN! Norwich as much as its hard for alot of us to admit is run 100 times better than us, yes they yoyo between the championship and Premier league but id swap that in a heart beat for finishing 11th in the third tier. As I say Europablue where do you feel we have improved in his time with us?? Im still waiting as always for one of his supporters to tell me? Its not me calling someone out im honestly interested in the answers as of yet you all seem to avoid??
There is no structure at the club if Lambert got one thing right it was that, even if we went up (Which I hope we do as we all do) we have 4 players of any quality to compete in that League so would need a huge overhaul. 6 managers cant all be that bad surely and if those supporting Evans really feel they were poor choices then again who made those choices? Who employed Clegg and Milne? who gave McCarthy and Lambert the 5th lowest wage budget in the championship last two seasons in there? Who didnt invest when we were top in Murphys freak season? Who gives out a 5 year contract to one of our worst managers in history? Who then also told fans only a few weeks ago 'be careful what you wish for' regarding getting rid of Lambert then when lambert became vocal about behind the scenes issues and we had some form going decided to sack him anyway? Where is the improvement when clubs much smaller than us Brentford, Watford, Bournemouth even Norwich are better run and have structures at their clubs?? Were owned by the 6th richest owner outside the premier league and finish 11th in League One
15

Bluearmy_81 added 19:24 - Mar 15
Awful news. By the looks of some of these comments though 14 years of abject failure upon failure isn't enough for some town fans, they want more!!! 😂😂
8

LonE17Blue added 19:24 - Mar 15
More Misery!
4

leftie1972 added 19:25 - Mar 15
Aaaaaaaaaaaaarrrrrggggggghhhhhhhhhhhhhh!😫
3


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