Am
I alone in being a little confused by Richard Murray’s statement on the
takeover? He said on 20 January, according to the club site, that “I’m aware of
two consortiums and one is further ahead than the other” and that “they are
still in negotiation – they are active”. On 7 February, again stripping from
the club site, we had “as far as I know, and I’m not kept in touch blow by
blow, we still have two interested parties. I still believe one interested
party is far closer to doing a deal because I think they are very close on
price with Roland”.
Today
we had “I said in January that negotiations with two parties on the takeover
were continuing well ... although the takeover has not yet been completed, the
good news is the terms of the deal, including the price, have now been agreed
between the parties and we are now just waiting for their respective lawyers to
finalise the sale and purchase agreement”.
Don’t
get me wrong, I’m delighted that we have had confirmation that the sale has not
fallen through, that is by a distance the most important news. But why the
obvious confusion? If a price has now been agreed between “the parties” that
must be a reference to a buyer and a seller. But it is perfectly clear that
previously Murray when referencing ‘two parties’ was talking of two potential
buyers (with a third party. Roland). We all know since then that Alex McLeish was involved
in a consortium which dropped out (because Duchatelet was asking for too much
money), those reports dated 18 February (ie after Murray’s update earlier in
the month). So was that consortium one of the two potential purchasers and, if
yes, was it the one that in January was considered the front-runner?
Surely Murray wasn’t
trying to gloss over something with his use of words. There would be no point
as everyone can easily see through any such move. And we all appreciate
confidentiality agreements, plus the fact that Murray is not party to ongoing
discussions. But what was wrong with commenting on the known fact that a
consortium pulled out of a deal? If that buyer was the January front-runner, it’s
not unreasonable to infer that the price agreed with buyer number two will be
lower than mooted at the time, unless Duchatelet did manage to engineer a
bidding war until one party backed out.
Hopefully none of
this will matter within a few weeks. I still hope to be doing my dancing in
Lyon before the end of March and a prospective return to London, but if it
drags on (again) I’ll take comfort from the fact that I’d be able to get to The
Valley to celebrate.
Could it be that he's sold the club to one buyer and the grounds to another?
ReplyDeleteNow that's a horrible thought! Murray had I thought ruled that out before, talking of a lock, stock and barrel sale. But who knows? Perhaps that was 'deal A' which is now out of the picture.
ReplyDeleteHoping that's not the case, but seems the only thing that makes sense. Attended my first Premier League match with CAFC vs Fulham back on 26/12/06 while on holiday from the States and have followed them since. Crazy and sad how things have progressed since then. Hope you all get your club back soon.
ReplyDeleteKeep the faith FIBoy84, we will never really lose our club as it is rooted with the supporters (and The Valley). Duchatelet leaving is a necessary condition for our fortunes to improve (which is not to say a sufficient condition). Have to have bad times to appreciate the good ones - but yes, we are due some of those again!
ReplyDelete