redrobo wrote:
Probably didn't match the offer made previously by Sarbjot which appears to be dictating Jason's requirement.
Don't think the Trust should refer to an offer that exceeds the Trust's own valuation which was based on what criteria..
Redalert1970 wrote:If it is Mr Johal and his team taking over then let's give them a chance
But no one knows who it is apart from Jason so let's see what happens
marky No.1 wrote:JKM Developers ?
captain sparkle wrote:marky No.1 wrote:JKM Developers ?
Looks like they might have a bob or 2!
Enough to satisfy EFL?
redrobo wrote:vvm wrote:Shrimps Trust update - An interested party has got in touch and let them know they had an above market value offer turned down in late 2023. One of the group had already been approved by the EFL in the past too. No reason given as to why Jason rejected this offer.
Probably didn't match the offer made previously by Sarbjot which appears to be dictating Jason's requirement.
Don't think the Trust should refer to an offer that exceeds the Trust's own valuation which was based on what criteria..
P/T Indie wrote:So Sarb Capital is suddenly worth £9million!!!
In accounts from 2022 JKM developers it says they own 10% shares in the pop company. JKM are only worth £150k
redrobo wrote:Until any sale is confirmed any thoughts about a take over by Sarb Capital are pure speculation.
However assuming that Sarb are the new owners then as much as I have concerns about them we have to give them our backing and only hope that their investment in OUR club proves to be a success going foward.
Other clubs have seen an injection of funds from new owners (Carlisle and Burton Albion for example) and both clubs seem to be benefiting from the change in ownership.
Like others on this forum I have serious concerns about the potential owners for the simple reason as 'why do they want to purchase an EFL2 club in the North West when they are based in the Midlands'...
What is so attractive about Morecambe FC when there are other clubs looking for investment much closer to their base....
This is a question that to date remains a mystery. It's not as though any investment in any football club at our level will be a profitable venture...or am i wrong..
I can understand it if any takeover was undertaken by a local consortium made up in the main of fans of our club as they would be in it for the love of their club who want it to be a success....BUT an organisation based in the Midlands....
As i have said above if it is Sarb Capital then we have to only hope that their interest in owning OUR club is genuine and for that reason we have to give them time to prove that they their reasons for their ownership are genuine...despite our reservatrions.
Wild Bill wrote:You can only guess that if there's significant movement in Sarb Capital's finances, this can only mean that they are the preferred bidder and likely to take over very soon.
Its really hard to know what Sarb's motives are, as I suspect any takeover will likely lead to resignations or removal of the current board and replacements needing to be paid. Then an upward PR battle to claim legitimacy amongst the staff, fanbase, corporate partners etc. There's been no attempt to really counter concerns so far, so doubt that would change if they were in charge.
Worrying times.
Billy bodger wrote:Submission to EFL supposedly early this week, mmmmm. The shop is shutting on Thurs, mmmmm. Sarbjot seemingly has £9M, mmmmmm. JKM director now a director of Sarbjot Capital, mmmmmm. First team friendly Saturday, mmmmmm.
Are we all nervous?
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