Vital Football

More due diligence to begin next week?

More due diligence to begin next week?

A 'proposed' takeover by a consortium fronted by Rob Lloyd had gone 'pretty quiet' - if this was a good or bad thing was down to the interpretation of those thinking about it.

Although sky sports news is today saying that Admin Andy has told them that the due diligence process will begin next week...

It is 'said' this was going to begin today, but for whatever reason - perhaps the upcoming Easter weekend, who knows? - this will now start next week after a £5,000 fee was paid for them to 'look at the books.'

Of course this, if true, and the fact that Lloyd and co are going to undertake due diligence, again if true, means nothing until a takeover goes through, so all we can do is 'wait and see'. Although 'if' this proves the case lets just PRAY that we have finally found something that can be the 'real deal' and offer us some stability after all the months of uncertainty surrounding the club...

PLAY UP POMPEY!


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Writer:pompeyrug
Date:Thursday April 1 2010
Time: 2:21PM

Comments

0
Good, lets just leave him to get on with it now. And hopfuly he'll give us some news soon after.
pompeyfcmad
01/04/2010 14:31:00
0
Really hope so! Something must happen soon surely.
eastneydave
01/04/2010 14:58:00
0
Well at least this went quiet for a couple of weeks, and it seems that the consortium have paid to examine THE DETAILED BOOKS, with the administrators approval. This seems as if it is a genuine approach as nobody will waste time and money for the hell of it, except Pompeys ex owners. It is worth waiting to see if this consortium fits the bill, and I do seem to trust the administrator to protect the clubs interest as best he can. The period of silence is a plus for me, as it lacks people looking for publicity, whether they are qualified to own a club is another matter, let us hope so. PUP Wrinkly
wrinkley
01/04/2010 16:07:00
0
Well at least this went quiet for a couple of weeks, and it seems that the consortium have paid to examine THE DETAILED BOOKS, with the administrators approval. This seems as if it is a genuine approach as nobody will waste time and money for the hell of it, except Pompeys ex owners. It is worth waiting to see if this consortium fits the bill, and I do seem to trust the administrator to protect the clubs interest as best he can. The period of silence is a plus for me, as it lacks people looking for publicity, whether they are qualified to own a club is another matter, let us hope so. PUP Wrinkly
wrinkley
01/04/2010 16:07:00
0
I would have thought that the administraters would have supplied all of the information making "due diligence"unnecessary.
007
01/04/2010 16:14:00
0
Be good to know who Rob Lloyds backers are! From what I have read he is only the front man. Bit like SAF was for Manchester City takeover. Sorry, couldn't help myself. I wonder what happened to the 3 interested parties that were declared when we had to go to Court. According to Chanrai these were serious contenders then. Are they the proverbial Vultures waiting to strike when "camera shy" Andy finishes carving us up.
Mike1954
01/04/2010 16:16:00
0
If he paid £10k, would he see a different set of books?
uktony
01/04/2010 16:18:00
0
The fact things had gone quiet, it means people were doing not talking. I asked Quay and Mudie said it would start next week
russellm
01/04/2010 16:21:00
0
I thought £5k was the payment for a summary set of figures. the detailed data permitting a full disclosure of the books was considerably more expensive? Am I wrong? Wrinkly
wrinkley
01/04/2010 16:32:00
0
Isn't £5k more than our two arab owners paid for the whole club, never mind just a look at the books?
wellyit
01/04/2010 17:03:00
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