Manager for next season...

[WTF11]

I said, having processed a number of similar transactions myself, but I also said they due diligence had to be submitted and audit trails clear.

The fact that the 49's seem to be adding people to the board room is probably delaying things as additional paperwork will be required e.g. updated signatory lists for 1.

What we don't know is how much admin work the EFL had from other clubs prior to Leeds submission.

Most reputable companies have a sla (Service level agreement) of 10 working days (without any prior back logs).

Never said anything different FTW, only that;

1. We have no idea as to how many individuals wiĺ require "validation"

2. None of the 49-ers will have been subject to the EFL process previously because until very recently they weren't ownership candidates, just minority shareholders. Adding board members is irrelevant, all investors have to pass muster.

3. LUFC failed to submit details of all nominated individuals until well after we knew we were relegated

4. The EFL don't publish SLAs for any of their work (Why would they?)

We are at the mercy of 3rd party who have a record of f00king us over and yet have done nothing to minimise the possibility of that being done to us. Boy scouts could do better.

[WTF11]

Not sure there is any point in this or the "Freebies" or "Takeover Imminent" threads having any further contributions because until the EFL announce their decision regarding 49-ers Enterprises acquisition of the majority shareholding, all else is just more hot air, signifying the square foot of f00k all.

Unless and until they (the EFL) give their thumbs up, LUFC is owned by Radrizzani, controlled by Radrizzani and subject whatever he decides to do, or not do, and there is f00k all the 49-er Enterprises or anyone else big or small can do about it.

As said in another thread (I think), Radrizzani makes Ridsdale look like a (flawed) saint and Bates like the god we all hope for. I hope he and his family end up paupers and Sampdoria in whatever the Italian equivalent of the Northern Pub League might be

[hopelesslyoptimistic]

Not sure there is any point in this or the "Freebies" or "Takeover Imminent" threads having any further contributions because until the EFL announce their decision regarding 49-ers Enterprises acquisition of the majority shareholding, all else is just more hot air, signifying the square foot of f00k all.

Unless and until they (the EFL) give their thumbs up, LUFC is owned by Radrizzani, controlled by Radrizzani and subject whatever he decides to do, or not do, and there is f00k all the 49-er Enterprises or anyone else big or small can do about it.

As said in another thread (I think), Radrizzani makes Ridsdale look like a (flawed) saint and Bates like the god we all hope for. I hope he and his family end up paupers and Sampdoria in whatever the Italian equivalent of the Northern Pub League might be

Not true the status quo is 46% already owned by 49ers - again don’t let the facts get in the way of spouting bile though.

Radz played hard ball to get the buyout he wanted so it delayed things - the EFL are just taking time - how do you know what is lined up in the background once that approval comes through? - oh you don’t.

[Billyni]

Not true the status quo is 46% already owned by 49ers - again don’t let the facts get in the way of spouting bile though.

Radz played hard ball to get the buyout he wanted so it delayed things - the EFL are just taking time - how do you know what is lined up in the background once that approval comes through? - oh you don’t.

Well yes, I suppose quite a few have already been checked out, so here's hoping hopey 😊

[ozleeds]

Well yes, I suppose quite a few have already been checked out, so here's hoping hopey ��

I think the hold-up Is me Guilty as they are processing my savings account and having difficulty locating any money. I have assured them my pension goes in fortnightly and the next one is due shortly.

[WTF11]

Well yes, I suppose quite a few have already been checked out, so here's hoping hopey ��

I appreciate that we would all want things to be somewhat different to what they are, but.........

The 49-ers Enterprises own 46% of an asset which is rapidly diminishing in value (the biggest drop in value obviously being as a result of relegation), that's never been a matter of argument. What can they do without the approval/co-operation of the majority shareholder? Not a f00king thing. They can't hire on behalf of LUFC (the chap from Norwich has been hired by 49E, not LUFC), they can't enter into contracts on behalf of LUFC (and let's not forget, it's LUFC that is affiliated with the EFL, NOT the 49-ers Enterprises), nothing, so those who suggest I'm wrong about what 49E can and can't do are blowing out their arses. I may not have any "youth development" experience (something WS was happy to point out and which point I agree with him on), but I know commercial contracts law like the back of my hand and what I'm saying is correct.

The evaluation carried out by the footballing authorities was undertaken by the FA, as the major 49E investment occurred after we were promoted to the PL. It may be that the EFL will take note of anything the FA might have to report or contribute regarding those on board with the 46% investment, but they have no legal duty to do so (and lets not forget, any evaluation undertaken by any organisation up to the most recent announcement of the agreed takeover figure wasn't for ownership, simply a stakeholding, very different criteria would apply). The DO have a legal duty to ensure that all 49E investors who are part of the particular consortium that wishes to acquire the remaining LUFC shareholding are able to pass whatever evaluation they apply to such people.

As I say, I wish it wasn't so, but it is, and all the wishful thinking in the world won't change that.

[bathlad61]

Apologies if this sounds stupid, but with the EFL delay in rubber stamping the 49ers takeover etc, surely Radz must still be the " legal " owner of the club. its a pity, maybe not possible, that some kind of arrangement for player transfers ( in ) couldnt have been in place in the interim period of the club takeover. Maybe life just isnt that simple.

[WTF11]

Apologies if this sounds stupid, but with the EFL delay in rubber stamping the 49ers takeover etc, surely Radz must still be the " legal " owner of the club. its a pity, maybe not possible, that some kind of arrangement for player transfers ( in ) couldnt have been in place in the interim period of the club takeover. Maybe life just isnt that simple.

Yes he is (the current owner). An interim arrangement would only work if there was a "TUPE"-type transfer of contract conditions from current to new owner. There isn't, and developing and implementing one would take longer than waiting for the EFL to give their go-ahead.

[WTF11]

And it wasn't a stupid suggestion at all, just beyond the collective capabilities of the "interested parties" who were/are too selfish to think that far out of the box.

[WTF11]

Not true the status quo is 46% already owned by 49ers - again don’t let the facts get in the way of spouting bile though.

Radz played hard ball to get the buyout he wanted so it delayed things - the EFL are just taking time - how do you know what is lined up in the background once that approval comes through? - oh you don’t.

Won't reply to much of what you post, it's just not worth it, but this? "Bile"? Not bile, I state facts when it comes to the 49E acquisition, those I know and those in the public domain, not hopeless aspirations from those who simply cannot, or will not, see how LUFC have been manipulated by an owner who makes all previous owners look like saints.

Radrizanni could have played "hard ball" behind the scenes during the run up to seasons end, knowing that relegation was a possibility (it ALWAYS IS!), agreed a valuation with 49E and waited until the season was over, then on that very same day announced a deal and had the necessary details submitted to the EFL for validation. He didn't. He and 49E f00ked about for another two weeks before his "hard ball" negotiations concluded, time that means any incoming owner, manager, coach, staff, players etc have even less time to prepare for a season that might just determine the future of LUFC, but hey, let's not let facts get in the way of a crack at me, hmmm?

You're a sh1t, and a first class one at that, hence my reluctance to reply to any of your posts, I'll make an exception on this occasion simply because you're so wide of the mark a reply was necessary.