brizzle
Lindsay Parsons
No Buy . . . No Sell!
Joined: May 2014
Posts: 4,293 
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Post by brizzle on Aug 26, 2014 15:48:41 GMT
higgs has shut the door on investors.....I know for a FACT, I believe this. But if this is an accepted fact (hypothetically speaking of course), then what is the way forward for the Chairman or the club? As things stand both will go under. |
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mpbrfc
Joined: May 2014
Posts: 59
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Post by mpbrfc on Aug 26, 2014 15:49:11 GMT
I will put a few more details on here when it is completely dead in the water, as you can imagine its subject to a confidentiality agreement, but so very annoying to keep hitting a brick wall. Why would someone getting knocked back in offering investment have confidentiality agreement's? because you need to do due diligence and in doing so you have to sign a non disclosure document |
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GasHeadGaz
Vita Astafjevs
Joined: June 2014
Posts: 518
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Post by GasHeadGaz on Aug 26, 2014 15:52:03 GMT
Why would someone getting knocked back in offering investment have confidentiality agreement's? because you need to do due diligence and in doing so you have to sign a non disclosure document No you don't, due diligence is for when you buy a club, not offering to invest in one. Do shareholders have to go through due diligence when buying shares..? |
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mpbrfc
Joined: May 2014
Posts: 59
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Post by mpbrfc on Aug 26, 2014 15:55:49 GMT
because you need to do due diligence and in doing so you have to sign a non disclosure document No you don't, due diligence is for when you buy a club, not offering to invest in one. Do shareholders have to go through due diligence when buying shares..? its up to you if you don't believe me, I,m not entertaining you anymore .....only to say its 3 interested parties and they are all foreign investors |
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GasHeadGaz
Vita Astafjevs
Joined: June 2014
Posts: 518
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Post by GasHeadGaz on Aug 26, 2014 15:56:19 GMT
Just got a text from Nick Higgs, apparently you do have to do due diligence
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dagnogo
Joined: June 2014
Posts: 872
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Post by dagnogo on Aug 26, 2014 16:15:48 GMT
higgs has shut the door on investors.....I know for a FACT, That issue is public knowledge now, no? Though I wasn't sure it was Higgs doing the refusing... |
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Post by lulworthgas on Aug 26, 2014 16:16:52 GMT
OK cheers, is he a very wealthy man? If so a bad decision. I don't know,but he bought Ox Utd. Working out well for them at the moment. |
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Post by Northville Blue on Aug 26, 2014 16:18:09 GMT
No.The bloke who owns them now.Chairman I think,not sure though. Darryl Eales? Correct. |
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Post by Eclectic Blue on Aug 26, 2014 16:43:31 GMT
He's a slippery character! |
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Post by Northville Blue on Aug 26, 2014 16:47:51 GMT
He's a slippery character! Ouch. |
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Post by Topper Gas on Aug 26, 2014 17:20:26 GMT
Eales is hardly doing a fantastic job at Oxford at the moment?
Regardless of that would he have wanted to invest if he knew the UWE project was now a non starter?
Sent from my GT-I9505 using Tapatalk
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bs5
Joined: June 2014
Posts: 456
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Post by bs5 on Aug 26, 2014 18:16:06 GMT
Don't forget the Texan oil billionaire, another major missed opportunity - f@cked up
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Post by PeterHooper57 on Aug 26, 2014 18:24:45 GMT
"what sort of lunatic are we looking for?" A similar sort of lunatic to the one who invested in Foret Green, Eastleigh, Fleetwood, Morecombe, Barnet, Leyton Orient, Swindon etc. They seem to be able to find these sort of lunatics, trouble is our Board seems to turn them away! Maybe now things are really bad they may move aside and give someone else a chance. "trouble is our Board seems to turn them away!" Who did they turn away? The Lunatics that took on Oxford apparently; even Higgs said he had lost a major investor. It is not breally surprising is it, self made man meets Higgs, first impression, let me get back up the M32 / M4. UTG |
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 26, 2014 18:49:09 GMT
Just got a text from Nick Higgs, apparently you do have to do due diligence Well as you have his number why not ask him for the full list of the many potential investors who have approached him, his words not mine. |
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Post by Mr Pond on Aug 26, 2014 19:24:57 GMT
NH should post the investors on this forum along with their CV's and we could run a poll on them, then it would be our fault if their S**T !
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Post by Raj Gas on Aug 26, 2014 19:37:43 GMT
A lifelong Birmingham City Supporter and Season Ticket Holder - does make you wonder about the longevity of his new arrangement.
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Post by Northville Blue on Aug 26, 2014 19:43:02 GMT
A lifelong Birmingham City Supporter and Season Ticket Holder - does make you wonder about the longevity of his new arrangement. He fronts a long list of backers, he is not alone. |
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Post by Raj Gas on Aug 26, 2014 19:55:09 GMT
A lifelong Birmingham City Supporter and Season Ticket Holder - does make you wonder about the longevity of his new arrangement. He fronts a long list of backers, he is not alone. But doesn't Firoz Kassam still have an interest in what goes on, if so shouldn't imagine it would be completely plain sailing if he is still around. |
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 26, 2014 19:57:09 GMT
He fronts a long list of backers, he is not alone. But doesn't Firoz Kassam still have an interest in what goes on, if so shouldn't imagine it would be completely plain sailing if he is still around. He has no interest at all. he owns the stadium (and everything else minus the club it self) but it is rented out to the football club. |
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Post by Northville Blue on Aug 26, 2014 19:57:58 GMT
He fronts a long list of backers, he is not alone. But doesn't Firoz Kassam still have an interest in what goes on, if so shouldn't imagine it would be completely plain sailing if he is still around. Not sure if Forever Fan is still around to confirm but I don't think that Kassam has been involved in the club for years other than owning the stadium. Edit: Thanks Oxon. |
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