Please tell me when to stop laughing at SHA

[Amsterdam_Neil_D]

25 minutes ago, HanoiVillan said:

she was somehow 'a thing' for a whole cycle.

I thought she was alight for the 1 day.  She came across quite well,  seemed like she was quite nice and was trying to help them.
It was super funny and everyone else in the meeting was a class A word removed.   Nice diversion for a day I suggest.

[cyrusr]

That interview.... if he was anywhere near Villa let alone looking to buy it I would genuinely be going down protesting. 

Where do you start with the problems (I know some of these have already been touched upon)?

1. Suggests he will be the new owner, yet goes onto to say that there is an issue with a majority share holder but don't know what the situation is. I'm sorry, if you are going to be the new owner, surely you would know everything about your club, especially a majority share holder. To be honest, if he is the owner he would be buying the majority share holder so the fact that there is an issue there is really alarming. 
2. He talks about going through the stands and changing rooms with Gardner and builders. 
3. Then talks about a player Kido Taylor at Arsenal? I mean good to tell everyone your transfer policies before you even own the club. 
4. Only come in for 3 years? Really how can you be so sure? What if no one wants to buy you out in 3 years; are you going to simply shut up shop?
5. Not going on the board? But you're the owner surely you would be on the board?
6. Not all his money, so if it is Sullivan's money surely that is a conflict of interest with him owning West Ham... 
7. Not sure what the money is secure on/what happens if defaults save won't take the club (stadium is owned elsewhere so can't ). 
8. Highly respected person as vice-chair? what about chair? Announce it at a press conference? Sounds delightful, is it going to be like WWE? 
9. Declaring got about £30 million to spend - I know a lot of new owners do this but it is utterly stupid. So how much of the £65 million has been lent to him? Whilst it may have worked for the Glazers, SHA  are not Man Utd (obv.). They will not get that revenue back. 
10. Going to struggle but looking at top 6 in first season? Complete oxymoron. Which is it?
11. Lee Bowyer - doesn't think anything as don't know him. Don't know a lot else but hasn't stopped him from talking utter b**locks about it. 
12. Hates the football business but going in for one last job to prove to himself and to the people who made up lies about him..? That's definitely a good reason to buy a football club. 
13. Keith Harris cant be clarified about the chair. Isn't he still involved with Everton? If so he would need to resign so a conflict of interest; but would he want to deal with Birmingham. 
14. £10 million of his own money - so he is putting in less that 1/6 if including the "transfer budget" yet will have a controlling influence?
15. Fit and proper? Banned from Football for misconduct and dishonesty. it is also using another football owners money to buy the club. It is not going to be easy (and if he does pass, says far more about the test than him)
16. Can't say a completion date but within days? When you look at the announced to the Stock Exchange, it only mentions 1 share holder and doesn't say who the sale was too. It would be incredible if he actually only bought 20 odd% and had no say whatsoever. 

 

And that is just from that interview. You also have him being bankrupt twice (and yet still has managed to get £10 million of his own money together to buy the club); the gloating of Watford after he was kicked for dodgy dealing; the liquidation of companies; failure to repay debts; lack of funds to buy other clubs. 

Should not be near any football club at all and absolutely awful, dodgy man. 

Almost feel sorry for SHA. 

Almost. 

[mottaloo]

51 minutes ago, sidcow said:

Is that Polly ?

[MrSmirch]

Karen Carney or Eni Aluko.

[dubbs]

13 minutes ago, mottaloo said:

Is that Polly ?

No that's JulieB...........

[Demitri_C]

I honestly think jordan feels sorry for him hence why he cuts him off for making himself look a even biggee bafoon and laughing stock

[fightoffyour]

Is “wight” the new “mate”?

I’m going to answer that wight, mate.

[Wurzel]

Well this takeover doesn't sound dodgy at all!

[sidcow]

14 minutes ago, Demitri_C said:

I honestly think jordan feels sorry for him hence why he cuts him off for making himself look a even biggee bafoon and laughing stock

Yes, he definitely cut him off and said he has no idea why he would come and talk about that stuff.  I think he suspected he was a bit pissed / high and really thought he was going into stuff that definitely shouldn't be made public.  I agree I think he felt a bit sorry for him.  It was a complete car crash of an interview.

Edited June 15, 2022 by sidcow

[Davkaus]

36 minutes ago, cyrusr said:

That interview.... if he was anywhere near Villa let alone looking to buy it I would genuinely be going down protesting. 

 

1. Only come in for 3 years? Really how can you be so sure? What if no one wants to buy you out in 3 years; are you going to simply shut up shop?

I do wonder if he's given the game away here and it is as was rumoured; he's the face, until the Gollivan entity can get it of West Ham

As you say, when he's made it public the money is coming from Sullivan, the EFL shouldn't be allowing this to go through.

Somehow, I suspect it might go through and they'll have some promising West Ham players on loan next season

[useless]

That video that's been posted on here apparently isn't the whole thing, some of it had to be cut out for legal reasons as Bassini was making accusations that could have got him or the show in trouble.

[cyrusr]

2 minutes ago, Davkaus said:

I do wonder if he's given the game away here and it is as was rumoured; he's the face, until the Gollivan entity can get it of West Ham

As you say, when he's made it public the money is coming from Sullivan, the EFL shouldn't be allowing this to go through.

Somehow, I suspect it might go through and they'll have some promising West Ham players on loan next season

Shouldn't be allowed full stop if Sullivan is involved (and remains involved with West Ham). I would be surprised they would go back to SHA, I thought Sullivan and Gold were West Ham "fans"... 

[Amsterdam_Neil_D]

49 minutes ago, cyrusr said:

£30 million

Are we 100% sure on the currency in play?

[cyrusr]

1 minute ago, Amsterdam_Neil_D said:

Are we 100% sure on the currency in play?

 

 

[Demitri_C]

19 minutes ago, Davkaus said:

I do wonder if he's given the game away here and it is as was rumoured; he's the face, until the Gollivan entity can get it of West Ham

As you say, when he's made it public the money is coming from Sullivan, the EFL shouldn't be allowing this to go through.

Somehow, I suspect it might go through and they'll have some promising West Ham players on loan next season

This is a good point actually and something that could be a problem. Sullivan wont want them going down if he invested in them (not offically but thats what it is) so he will try help them by loaning them west ham youngsters and fringe players on low fees.

 

[theboyangel]

4 hours ago, sidcow said:

I can't believe they've got a Changing Rooms Ground?  Magnificent.

If it's such a mess as he says I would have thought Laurence Llewelyn-Bowen would be the man to fix that up.

He doesn’t drink in town

 

 

 

 

 

 

mate 

[Zatman]

1 hour ago, cyrusr said:

Shouldn't be allowed full stop if Sullivan is involved (and remains involved with West Ham). I would be surprised they would go back to SHA, I thought Sullivan and Gold were West Ham "fans"... 

Isnt the rule that they cant be in the same competition as a conflict of interest 

[Davkaus]

3 minutes ago, Zatman said:

Isnt the rule that they cant be in the same competition as a conflict of interest 

Nope

 

https://www.efl.com/-more/governance/efl-rules--regulations/efl-regulations/appendix-3-owners-and-directors-test/

Quote

Disqualifying Condition' means all or any of the following:

Associations between clubs:

(a)           either directly or indirectly being involved in, or having the power to determine or influence, the management or administration of another Club or Premier League Club unless a dispensation in respect of the same has been granted by the Board in accordance with Regulation 110;

(b)           either directly or indirectly holding or acquiring any Significant Interest in a Club while at the same time either directly or indirectly holding any interest in any class of shares or securities of another Club unless a dispensation in respect of the same has been granted by the Board in accordance with Regulation 110;

So the crux of it will come down to who is a Relevant Person, bound by this test

Quote

Relevant Person’ means in respect of any Club any individual Person (and not any Entity) operating the powers that are usually associated with the powers of a director of a company incorporated under the 2006 Act (as a Company limited by shares or by guarantee).  Further, and without prejudice to the generality of the foregoing, the following individuals shall in any event be deemed to qualify as a Relevant Person:

(a)   a director as defined by Section 250 of the 2006 Act;

(b)   a shadow director as defined by Section 251 of the 2006 Act;

(c)   a person registered as a director or secretary of the Club with the Registrar of Companies;

(d)   a person for whom a Form AP01 (to be filed with the Registrar of Companies) has been completed in relation to the Club;

(e)   a person who has been elected to become a director of the Club at a meeting of the board of directors of the Club;

(f)    a person who has been elected to become a director of the Club at a meeting of the members of the Club;

(g)   a person in accordance with whose directions or instructions the persons constituting the management of the Club are accustomed to act;

(h)   any Authorised Signatory;

(i)    any duly appointed signatory (as that term is utilised in Regulation 46.1);

(j)    any 'chief executive' officer, 'general manager', 'chief operating officer' or any other person undertaking any duties which would objectively be considered to be equivalent to those roles;

(k)   any person appointed by those with Control over the Club to represent their interests in the management of the Club; and

(l)    a person who has Control over the affairs of the Club,

 

I'm not qualified to have a strong opinion on this, but it seems to me that L is a nice catch all for "a shifty bugger who's funding this venture with 10s of millions of pounds while pretending not to be the real owner."

[Villarcana]

It just doesn't make any sense, he comes on air, announces how they are bending the rules, potential signings, like wtf was that rambling about an Arsenal kid signing. Deffo on some sort of narcotic, 

Is it even allowed to have another chairman fund most of a deal so he can buy it after it's been kept safe by someone else in the future?.

What is happening? Even for the blues, this is next level corrupt and small time. 

Craig Gardner? builders? Orvil the green puppet. ... I just don't know whats real anymore.

Someone at the EFL ...'erm boss, you know that application we just got from Bassini' theres an interview on talk sport.... (plays video) .... deserves a chance right? says he's got a point to prove.

Pass from me...whos with me?

 

[useless]

A few things don't add up about Sullivan's so called involvement,

Not sure why he'd use Bassini of all people as a front

If I've read that Almjair article right then it's a very bad deal for the buyer, they only get twenty-once percent, but will be liable for expenditure and losses of the stadium, first team, and women's team, and bearing in mind as a club they're losing a lot of money, I think I read recently as much as £5m a month.

Seems doubtful to me that if Sullivan or any serious buyer was behind the takeover they would agree to that, especially as their current owners are in so much trouble that it probably won't be long before the club can be picked up much cheaper and on much better terms.

I wouldn't be surprised if Sullivan's only involvement is that he or one of his companies has agreed to borrow Bassini the money, but Bassini is using Sullivan's name in an attempt to give to give his bid more credence.

I suspect we will never find out, as I doubt this will actually go ahead, seems too similar to the situation Bassini was in just before he was supposedly buying Bolton, and he mentioned in his interview issues with their current majority shareholder, I presume he means the EFL investigating Wang, which I'm guessing might complicate things.