WHO Poll
Q: 2020/2021 Where will we finish up this season?
a. Top Four, Champions League here we come
7%
  
b. 5th-7th Europa League is well within our grasp
1%
  
c. 8th to 14th anywhere in mid table is about right
13%
  
d. We're in a dog fight before a ball has been kicked and we'll do well to finish 17th or just above
38%
  
e. GSB have derailed our season before a ball has been kicked, the Championship beckons
41%
  



Johnson 12:44 Tue Sep 15
Sullivan turns down £350m bid...
...but invites the bidders to invest a minority stake.

THE FUCKING CUNT.

https://www.thesun.co.uk/sport/football/12668928/west-ham-reject-takeover-sullivan-gold/

Replies - Newest Posts First (Show In Chronological Order)

Johnson 3:34 Sun Sep 20
Re: Sullivan turns down £350m bid...
If a company like Ann Summers that sells sex aids manages to lose money when the world locks down and people have to stay and home and not date or hook up then you really have to wonder about how that business is managed.

Then you look at a Premierleague football club, who don’t even own their own stadium, that seems to be the ONLY club losing money and not spending money when everyone else is.

Then you look who’s at the head of both companies.

Gold0 the failure.

#GSBOUT

eswing hammer 1:18 Sun Sep 20
Re: Sullivan turns down £350m bid...
The club is valued at only about £280 m , we owe about £87 m in transfer fees , they’ve been offered about £400m ,they want £600 , if we look like getting relegated they will panic pump about £100 m into the team , just sell up now you cunts !

Willtell 6:43 Sat Sep 19
Re: Sullivan turns down £350m bid...
I reckon Gold wants to sell as Ann Summer’s is in financial trouble and that’s a matter of public record that they have lost £millions during Covid shutdowns.

I’m hoping they are in negotiations with whoever it is which unfortunately is stopping player purchases.

Scraper 6:20 Sat Sep 19
Re: Sullivan turns down £350m bid...
I will ask a potentially naive question:
These two personages claim to be pwopa West Ham etc. How come it's still worth being despised by every West Ham fan in the world in the name of "return on investment"? Especially considering they're both basically dead.

Maybe DS will say: "I want it to be part of my heritage. Like, a family dynasty."
That'd only make sense if he actually made his "West Ham project" a success story (or at least tried to). He declined Bielsa but has employed Moyes, twice. Nuff said?

Takashi Miike 10:51 Sat Sep 19
Re: Sullivan turns down £350m bid...
"Sullivan doesn’t want to sell , he sees the club as a cash cow"


Correct

PeterJ 10:51 Sat Sep 19
Re: Sullivan turns down £350m bid...
I don’t know why people keep banging on about this 2023 deadline. It makes them about £8m which on a 3 times profit is nothing.

one iron 10:34 Sat Sep 19
Re: Sullivan turns down £350m bid...
For years the ladys team used to go round with a bucket before 1st team home games,if moneys in it the greedy firms on it.

brundal 10:27 Sat Sep 19
Re: Sullivan turns down £350m bid...
Sullivan doesn’t want to sell , he sees the club as a cash cow for his family, also West Ham didn’t give the ladies team players a penny when at the Boleyn but as soon as Sky stared putting money into Ladies football Sullivan made his son a director.

arsegrapes 2:13 Sat Sep 19
Re: Sullivan turns down £350m bid...
I know GS will want to wait until 2023 to be free of paying off the governments percentage, but there is nothing to stop them from requesting the prospective buyers make an undertaking to pay this as well if they want to buy the club now.

At the end of the day if the offer is high enough they will sell.

Peckham 1:26 Sat Sep 19
Re: Sullivan turns down £350m bid...
Frank Mac has publicly claimed owners are losing touch with reality thinking the fans want them.

Last read in the Guardian the yanks are making a 3rd bid.

For some optimism I believe the article. GSB are too quiet, as is Moyes and the whole circus machine.

goose 1:05 Sat Sep 19
Re: Sullivan turns down £350m bid...
Any more stories today??

Peckham 12:56 Sat Sep 19
Re: Sullivan turns down £350m bid...
There are more stories appearing and without doubt there have been Americans looking at the stadium. All of Tripps contacts are sports experienced.
CAA would be surreal compared to this mob.
The Todd fella after Chelsea for 3 billion, ffs, they are the different level and GSB will be in a corner if they make public an offer.
Those dead men walking and brady will not be able to handle another 2 years of hate and laughing stock.

Balto 12:37 Sat Sep 19
Re: Sullivan turns down £350m bid...
If I read this correctly Sullivan's ideal outcome would be - we finish 17th for two seasons, they spend little or no money on transfers and then sell up in 2023 and make out like bandits.

Meanwhile, we the fans should spend like drunken sailors at the club shop/website, re-new our season tickets and shut the fuck up about everything else.

terry-h 9:25 Fri Sep 18
Re: Sullivan turns down £350m bid...
How many of you want something really nasty to happen to the three cunts running the club?

And something even nastier to that prick White while he moves between the Talksport and Sky studios,dreaming up more excuses for the dildos.

Wham1966 8:56 Fri Sep 18
Re: Sullivan turns down £350m bid...
Thinking like a Dildo .. they want to sell without "tax" in 2023.

How could they give up 51% to Yanks/Chinese/Arabs now and still not pay the sales tax? (and sell up finally in 2023)

ParadiseLost 3:54 Fri Sep 18
Re: Sullivan turns down £350m bid...
that bar investment we get into big trouble

Maybe, or perhaps Sullivan isn't hurting as much financially as we think and believes that selling now, in the times of COVID, is selling at a distressed price. People like Sullivan, given his previous businesses, tend to be more gambler (chancer if you want) than risk adverse. After all in the ‘old days’ one of the risks of his businesses was imprisonment - and he did serve 71 days. So, I’d guess he doesn’t scare easily.

Willtell 3:42 Fri Sep 18
Re: Sullivan turns down £350m bid...
Shareholders do have legal rights and can make things difficult for majority shareholders. I suspect Gold whose Ann Summers business is in serious trouble, may want to sell WH along with his original FA Cup.

I guess if Gold & Tripp want to sell to a buyer life could be made very difficult for Sullivan. Especially if some of his shares are in the names of family members...

1. The Mighty 25%+
Shareholders in this category may hold little more than a quarter of the company's shares, but statute grants them the power to block some of the most important decisions a company might wish to make. This is because the Companies Act 2006 requires a 75% shareholder vote to (among other things):

amend the company's articles of association;
disapply statutory pre-emption rights on a new share issue; and
approve the redemption or purchase of a company's own shares out of capital.
It is likely that any significant structural change (such as a pre-sale corporate reorganisation) will require one or more of these actions so, from a majority shareholder's perspective, it is critical to have this in mind when agreeing the extent and terms of any minority interest.

factory seconds 3:38 Fri Sep 18
Re: Sullivan turns down £350m bid...
perhaps the club is so fucked financially that bar investment we get into big trouble. even a small investment would likely mean sullivan would have to give up some of his 51%, at which point a hostile takeover is on the cards.

goose 3:37 Fri Sep 18
Re: Sullivan turns down £350m bid...
i guess if Tripp & Gold wanna sell it would make things pretty uncomfortable.

the pressure from fans would be immense as well.

Rusta 3:32 Fri Sep 18
Re: Sullivan turns down £350m bid...
If nothing gets done by the end of this transfer window wouldn’t potential buyers sit back and wait a couple months at least?

By the time the next transfer window opens say we were sitting rock bottom or in serious relegation trouble wouldn’t that affect the price?

RichyP 3:31 Fri Sep 18
Re: Sullivan turns down £350m bid...
PeterJ 1:59 Fri Sep 18

David Sullivan 51.1%
David Gold 35.1%
Albert 'Tripp' Smith 10%
Other investors 3.8%

I can't see how anyone could force a hostile takeover while Sullivan owns over 50% Even if Tripp Smith acquired all of Golds an the Other Investors shares, Sullivan could still refuse to budge.

Page 1 - Next




Copyright 2006 WHO.NET | Powered by: