Takeover talk

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Cornelius Beal
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Re: Takeover talk

Post by Cornelius Beal »

Thank you CzechHam for that personal insight into our future leader. All very encouraging and I welcome and look forward to any further input from you, great for you personally to have a connection.
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Diogenes
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Re: Takeover talk

Post by Diogenes »

Cornelius Beal wrote: Tue Nov 16, 2021 11:29 am Thank you CzechHam for that personal insight into our future leader. All very encouraging and I welcome and look forward to any further input from you, great for you personally to have a connection.
Is he our future leader or a savvy investor only?
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Cornelius Beal
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Re: Takeover talk

Post by Cornelius Beal »

Diogenes wrote: Tue Nov 16, 2021 11:46 am Is he our future leader or a savvy investor only?
Purely based on gut instinct and various reports from the Czech press. Logical path ahead to gain overall control from the 27% he has, having control at Sparta Prague, the likelihood of gaining full operation of the stadium......
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LeonRivers
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Re: Takeover talk

Post by LeonRivers »

CzechHam wrote: Tue Nov 16, 2021 11:29 am
It's also important to realize what it means to win that title (which fans were routinely used to) and qualify for Champions League in the competition you so often like to dismiss as a farmers league. Sure, a lot of teams in Czech league suck, but then, of course, you have to beat, say, Slavia, who had little trouble knocking Leicester out of the Europa League, or Sevilla a year earlier, keep a clean sheet at the Camp Nou when Barcelona were still worth something, or score three goals at Stamford Bridge.

But if you fail to finish ahead of such a team, you can forget about the title and the Champions League even in your "farmers league" and your fans get angry.
I’m not sure there’s much disrespect shown to the Czech league over here. The Scottish Premier League, definitely.
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Up the Junction
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Re: Takeover talk

Post by Up the Junction »

Second Sullivan son named as director
https://www.kumb.com/story.php?id=136429
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Wilko1304
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Re: Takeover talk

Post by Wilko1304 »

Up the Junction wrote: Tue Nov 16, 2021 1:48 pm Second Sullivan son named as director
https://www.kumb.com/story.php?id=136429
What does this achieve for his father? I ask completely naively, cos it must be more than just "this'll be nice for the lad." There's always an angle...
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-DL-
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Re: Takeover talk

Post by -DL- »

Hi Daniel! Welcome to the forum! :scarfer:

:hammc:

:kumbnew:
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-DL-
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Re: Takeover talk

Post by -DL- »

Wilko1304 wrote: Tue Nov 16, 2021 1:51 pm What does this achieve for his father? I ask completely naively, cos it must be more than just "this'll be nice for the lad." There's always an angle...
It means he can now go to Vienna...
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Re: Takeover talk

Post by Wilko1304 »

-DL- wrote: Tue Nov 16, 2021 1:53 pm It means he can now go to Vienna...
Would it also mean he could attend games if there was a lockdown again? Say, if our overlord had heard something from the Baroness
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Eggs'n'nuts
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Re: Takeover talk

Post by Eggs'n'nuts »

Wilko1304 wrote: Tue Nov 16, 2021 1:51 pm What does this achieve for his father? I ask completely naively, cos it must be more than just "this'll be nice for the lad." There's always an angle...
It's got to do with the divvy up when he finally sells, surely.
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Albie Beck
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Re: Takeover talk

Post by Albie Beck »

CzechHam wrote: Tue Nov 16, 2021 11:29 am ...
Thanks - very interesting insight and all seems to support the overall favourable first impressions. Let's hope so.

Look forward to further comments. :thup:
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Albie Beck
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Re: Takeover talk

Post by Albie Beck »

Eggs'n'nuts wrote: Tue Nov 16, 2021 2:02 pm It's got to do with the divvy up when he finally sells, surely.
Should't do really - the divvy up will be based on shareholding not seats on the board. It's just giving them a bit of status while he can still dish it out.
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Re: Takeover talk

Post by -DL- »

Wilko1304 wrote: Tue Nov 16, 2021 1:59 pm Would it also mean he could attend games if there was a lockdown again? Say, if our overlord had heard something from the Baroness
Yep.
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Wembley1966
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Re: Takeover talk

Post by Wembley1966 »

Wilko1304 wrote: Tue Nov 16, 2021 1:59 pm Would it also mean he could attend games if there was a lockdown again? Say, if our overlord had heard something from the Baroness
He could have done that by just being appointed a director off the football club - at the same time he's also been appointed a director of the holding company where the actual ownership shares are.
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Wembley1966
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Re: Takeover talk

Post by Wembley1966 »

Wembley1966 wrote: Wed Nov 10, 2021 1:29 pm We will know the share structure fairly soon as the annual Confirmation Statement of shareholders is due for filing at Companies House in the next few days - and the revised Articles of Association within a few weeks which will detail the share structure and any special rights that Kretinsky has in terms of acquisition of shares from existing shareholders.
Confirmation statement filed at Companies House. Only change is the John and Daniel Harris shares are now all under Daniel Harris and 1890S Holding A.S. has the 688 new shares issued.

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Kialos
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Re: Takeover talk

Post by Kialos »

Great to read your posts CzechHam, thank you for taking he time for sharing your knowledge of our (hopefully) new owner.
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Liam
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Re: Takeover talk

Post by Liam »

interesting numbers. These don't add up to the shareholding otherwise stated. Must be some other class of shares?
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Wembley1966
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Re: Takeover talk

Post by Wembley1966 »

^^^ Yes they do. You're probably counting the shares that have been transferred and their current holding is now 0.
Hammers Sturmflut
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Re: Takeover talk

Post by Hammers Sturmflut »

What do these directorships even mean, practically, who decides if there happens to be one more director, and to what extent do they reflect control/leverage?
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Wembley1966
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Re: Takeover talk

Post by Wembley1966 »

^^^ It's all to do with who has control (or not) in the boardroom - where it is 1 vote per director.

As part of the negotiations on buying into the Club, Kretinsky will have wanted to appoint directors to the board. To stop him having too much control, then Sullivan and Gold would then have the option of appointing additional directors.

There will be all sorts of amendments in the Articles of Association about what constitutes a quorum for board meetings, who can nominate a proxy for voting and what sort of veto's certain directors may have. These should all be published in the next few weeks.
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