Investment may be days away

[AFII]

And Torres :whatever:

Rafa doesn't want Torres. The spanish striker he want is Villa but we probably can't afford him even if Dubai holdings buy the club.

[Red Chilli]

I'm sure Rafa wouldn't refuse Torres if he was offered him.

Torres or Bellamy, you decide.

Anyway, i still can't see us spending huge amounts on any player. 14 million for Cisse was a big shock to me. We're just not that kind of club.

[Morph]

I'm sure Rafa wouldn't refuse Torres if he was offered him.

Torres or Bellamy, you decide.

Anyway, i still can't see us spending huge amounts on any player. 14 million for Cisse was a big shock to me. We're just not that kind of club.

depends what the size of the kitty is, it's all relative really

[AFII]

depends what the size of the kitty is, it's all relative really

I agree. If Rafa had £50m to spend then he would probably be prepared to pay £20m for the right player. It all comes down to if Rafa thinks that we need that player so much that he would spend £20m on him.

[blacky]

Just seen the above report on Newsnow so it's looking like it is a possibility

[Lecter]

Maybe I'm wrong on this but the last time we reached a significant stage over investment letters were circulated to the shareholders advising them that this was the case and the club issued a Code 2.10 announcement (which details our shareholding and nominal share price)

The Code 2.10 happens when a buyer puts the company under an offer period (ie advises them that they intend to make a bid for major proportion of the shareholding) they are given a certain amount of time to finalise the bid then

So assuming the above is correct, no letters and no Code 2.10 announcement mean no potential bid

[Chris]

Maybe I'm wrong on this but the last time we reached a significant stage over investment letters were circulated to the shareholders advising them that this was the case and the club issued a Code 2.10 announcement (which details our shareholding and nominal share price)

The Code 2.10 happens when a buyer puts the company under an offer period (ie advises them that they intend to make a bid for major proportion of the shareholding) they are given a certain amount of time to finalise the bid then

So assuming the above is correct, no letters and no Code 2.10 announcement mean no potential bid

The article says it was agreed in principale last night, letters will be being typed out today which is why shareholders havent got them yet.

Nah, it will just be another bollocks article like they all are.

[paulcooper4]

Maybe I'm wrong on this but the last time we reached a significant stage over investment letters were circulated to the shareholders advising them that this was the case and the club issued a Code 2.10 announcement (which details our shareholding and nominal share price)

The Code 2.10 happens when a buyer puts the company under an offer period (ie advises them that they intend to make a bid for major proportion of the shareholding) they are given a certain amount of time to finalise the bid then

So assuming the above is correct, no letters and no Code 2.10 announcement mean no potential bid

I think you might be right, kk07 was telling me this last night

[Morph]

Maybe I'm wrong on this but the last time we reached a significant stage over investment letters were circulated to the shareholders advising them that this was the case and the club issued a Code 2.10 announcement (which details our shareholding and nominal share price)

The Code 2.10 happens when a buyer puts the company under an offer period (ie advises them that they intend to make a bid for major proportion of the shareholding) they are given a certain amount of time to finalise the bid then

So assuming the above is correct, no letters and no Code 2.10 announcement mean no potential bid

Yes but there have to be discussions first don't there, things can be all but agreed before he letters are sent out can't they. For all we know they could be in the post.

(Probably not, but it doesn't mean the report is untrue...yet)

[Red_Al_77]

It's irrelevant what the other shareholders think if someone is only buying Moores shares. 2.10 or not.

[Red Chilli]

If someone owns more than 30% of a PLCare they not obliged to inform the stock market?

[AFII]

Maybe I'm wrong on this but the last time we reached a significant stage over investment letters were circulated to the shareholders advising them that this was the case and the club issued a Code 2.10 announcement (which details our shareholding and nominal share price)

The Code 2.10 happens when a buyer puts the company under an offer period (ie advises them that they intend to make a bid for major proportion of the shareholding) they are given a certain amount of time to finalise the bid then

So assuming the above is correct, no letters and no Code 2.10 announcement mean no potential bid

If someone owns more than 30% of a PLCare they not obliged to inform the stock market?

We are not on the stock market.

[Red Chilli]

We are not on the stock market.

Well you are obliged to tell someone if you intend to own more than 30% of a PLC.

[Red Chilli]

It's all a load of Bollocks. This time next week we'll be in exactly the same position.

[AFII]

Well you are obliged to tell someone if you intend to own more than 30% of a PLC.

Not before a deal is done. If you are on the stock market then you must tell the rest of the shareholders and stock market that someone is interested.

Moores doesn't need to tell anyone before a deal is agreed.