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Club Takeover/Investment

Club Takeover/Investment

Well if there's no update inside the next 20 days then we can await a reply to the pissed up FOI request I sent in to the IFR on Saturday night asking if there's any current determinations regarding PNE.

And if people stopped asking them stupid questions they could get on with their actual job…!

I'd been drinking Justin.

Unusual for me, I know.
 
Daniel Farke is an established premier league manager now. Did wonders with leeds last season. Please guys, keep it fucking real!
Farke was being talked about as a candidate for the sack immediately after promotion before taking charge of any PL games for Leeds. Last season was the first time that he didn't take a team down from the PL or get sacked, and I think I'm right in saying he spent about £100m to achieve it. Leeds fans I know constantly bemoaned his in-game decision making last season.

This doesn't scream "established" to me, which is a word I would use to describe Moyes, Frank, Howe, Dyche, etc... and we should agree that THOSE names are stupid shouts.

My comment was more about aspiring to get someone of what I deem his calibre to be - a manager who gets teams up from this division and wants to establish themselves in the one above, similar to what we did by getting Grayson in L1, assuming that is the level of ambition we would have post-takeover.
 
If Zedan has a DoF lined up if might be good if he has experience in French football, over the last few years they seem to have got a very good youth set up going and seem have provided some talented youngsters that have made profits for some EFL clubs.

Could be wrong, but it just seems to have happened quite a lot.
 
Thank you for your request. We received your request on 20 July 2026 and have considered your request under the Freedom of Information Act 2000 (“FOIA”).

Your request 

“Have you ever been asked to make a determination about any individual linked with Preston North End FC?

Are there any determinations for the club currently in process.”

The IFR’s response

The IFR carries out suitability assessments of new owners and senior managers of regulated clubs under Part 4 of the Football Governance Act 2025 (the ‘Act’). Details of the IFR’s rules and guidance relating to the process can be found at: Owners, Directors, and Senior Executives | Independent Football Regulator.

Once determinations are made, these are published on IFR’s website and available at ODSE Determinations.

As at the date of the request, the IFR has not made and published any determinations relating to owners or officers of Preston North End FC.

Please note that details of timescales for carrying out a determination are set out within the guidance documents detailed above.

Part 5 of the Act also imposes several duties upon clubs including obtaining approval from the IFR in relation to certain matters. Once determinations are made, under Part 5 of the Act, these are published and can be found
here. We can confirm that a determination has been made under Part 5 of the Act. Details can be accessed via the link provided. We have interpreted your requests for information relating to the ODSE process under Part 4 of the Act.

We have confirmed above the position in relation to any completed IFR ODSE assessments regarding Preston, which would be published on the IFR’s website. However, we have addressed below your request as far as it relates to ongoing or potential ODSE assessments.

The IFR relies on of the FOIA which states that the duty to confirm or deny holding information under FOIA does not arise if the confirmation or denial would or would be likely to prejudice any of the matters that fall under section 31(1).
This includes under section 31(1)(g) the exercise by any public authority of its functions under section 31(2).

Section 31(1)(1)(g) – Law Enforcement 

In this case, the IFR considers that confirmation or denial of this information would be likely to prejudice the exercise of its functions falling within section 31(2) (c) and (d).

The IFR will engage with clubs and/or individuals regarding the ownership of clubs, potential changes in ownership (including the details, progress and timing of any such changes), and matters relating to the IFR’s assessment of suitability. This includes preliminary discussions that may not necessarily result in a formal application being made. The IFR relies on free and frank engagement with clubs/individuals, and access to timely and complete information. Any confirmation or denial of holding information about engagement with clubs and/or applicants would be likely to deter open and timely engagement with the IFR.

The IFR is alert to the commercially sensitive and highly confidential nature of these transactions. This is acknowledged at paragraph 3.8 of the IFR’s ODSE Guidance, which states:

“The IFR recognises that potential transactions might be commercially sensitive and be subject to confidentiality obligations. The IFR will not publicise or share any details relating to a notification.”

Confirming or denying that a prospective owner has engaged with the IFR would be likely to have significant adverse impact on the willingness of clubs and applicants to engage with the IFR. Any confirmation or denial would be likely to lead to heightened media interest, speculation and potentially incorrect inferences being drawn from any confirmation or denial. This may lead to individuals and clubs being less willing to openly engage with IFR. In turn, this is likely to negatively impact the IFR’s ability to effectively oversee its ODSE functions under Part 4 of the Act.

Whilst statutory mechanisms exist to compel the provision of information from clubs and applicants, this is not always the most effective way for IFR to carry out its functions. As such, the IFR relies heavily on the voluntary provision of information to perform its functions.

This is further supported by the IFR’s Information Gathering and Enforcement Guidance which is applicable to information gathering for ODSE suitability assessments and was developed following public consultation. We refer you in particular to paragraphs 65 and 66. As described, voluntary cooperation is an important part of the IFR’s regime.

The IFR’s functions would be likely to be prejudiced by confirmation or denial of whether it holds information falling within the scope of the request, as it would undermine trust, resulting in clubs and/or individuals being less likely to co-operate with the IFR in a timely, open, and frank manner. Routine public disclosure of whether parties have engaged with the IFR, and of the status or progress of any engagement, would be likely to discourage engagement due to concerns over confidentiality given the inherently private nature of these transactions. This would ultimately have a real and significant impact on the IFR and impede the IFR’s ability to carry out its statutory functions.

This is further supported by the IFR’s Information Gathering and Enforcement Guidance which is applicable to information gathering for ODSE suitability assessments and was developed following public consultation. We refer you in particular to paragraphs 65 and 66. As described, voluntary cooperation is an important part of the IFR’s regime.

The IFR’s functions would be likely to be prejudiced by confirmation or denial of whether it holds information falling within the scope of the request, as it would undermine trust, resulting in clubs and/or individuals being less likely to co-operate with the IFR in a timely, open, and frank manner. Routine public disclosure of whether parties have engaged with the IFR, and of the status or progress of any engagement, would be likely to discourage engagement due to concerns over confidentiality given the inherently private nature of these transactions. This would ultimately have a real and significant impact on the IFR and impede the IFR’s ability to carry out its statutory functions. 

The prospect of disclosure of non-public information by the IFR, including confirmation or denial of such information, could also have an impact on investors’ willingness to take part in the IFR’s process. The IFR’s objectives set out at Section 6 of the Act relate primarily to the financial soundness and resilience of football clubs. The IFR is also required under Section 7 of the Act to avoid adverse effects on financial investment in English football. With these in mind, it is not in the public interest for the IFR to either disclose information or to confirm or deny holding information about corporate transactions which remain subject to regulatory scrutiny. In the IFR’s view, adopting this position (where the IFR is required to review and determine the suitability of every incoming owner across 116 clubs) would be likely to have the impact of deterring investment and thus impact the IFR’s ability to carry out its functions and meet its objectives.

The IFR has robust processes and procedures as outlined in its published documents, enabling the public to have confidence in the way the IFR carries out its functions and engages with clubs and/or individuals. It would, therefore, not be in the public interest to routinely confirm or deny whether applications have been made or status of any such applications which could undermine the IFR’s functions.

The IFR’s conclusion on the public interest test

Having regard to the matters set out above, the IFR considers that the public interest factors support neither confirming nor denying whether it holds the requested information. 

Next steps  

If you are unhappy with the response to your request for information, you can ask the IFR to carry out an internal review of its response. If you would like the IFR to carry out an internal review, please let us know within 40 working days. 

If you remain dissatisfied after an internal review, you have the right to complain to the Information Commissioner’s Office (ICO). The easiest way to lodge a complaint is through the ICO website:
www.ico.org.uk/foicomplaints.
As I said when you made the request - the above is just a long winded way of saying we’re covered by a NDA
 
“Controlling the narrative…”

Whist the statement said they did, not one person at the game yesterday believed that to be true.

Why the sudden dramatic increase in cash injection.. £10m+ on players and a pitch for something you’re selling for a rumoured £25-30m?

Doesn’t make any financial sense as a seller.

I honestly think because of the sale, they've been surprised at just how negatively the Hemmings will be remembered as custodians, and this year are for once investing what they could have done all along within FFP/PSR/SCR rules.
 
I honestly think because of the sale, they've been surprised at just how negatively the Hemmings will be remembered as custodians, and this year are for once investing what they could have done all along within FFP/PSR/SCR rules.
Interesting that PH mentions Ian and Craig but not your "best mate 😂 " yesterday in his post match interview (and interviews around Fridays double signing).
 
IMG_2185.jpeg
I honestly think because of the sale, they've been surprised at just how negatively the Hemmings will be remembered as custodians, and this year are for once investing what they could have done all along within FFP/PSR/SCR rules.
Totally agree
none of us expected this from wolves, but to manage how we have for as long as we have is testament to the operating staff as a whole, in my mind they should be praised (less Peter of course 🙄)
Spending other peoples money is an easy PHD to pass, having a passion and an interest that serves the greater good is a much higher bar - that bar hasn’t been reached for me
 
Interesting that PH mentions Ian and Craig but not your "best mate 😂 " yesterday in his post match interview (and interviews around Fridays double signing).
But he did thank Peter for the Ipswich lad before the game on Talksport.
They also mentioned (Talksport ) they had talked to Ridsdale re Mills
Why are they talking to a Director rather than the Chairman, he still craves the attention
 
Totally agree
none of us expected this from wolves, but to manage how we have for as long as we have is testament to the operating staff as a whole, in my mind they should be praised (less Peter of course 🙄)
Spending other peoples money is an easy PHD to pass, having a passion and an interest that serves the greater good is a much higher bar - that bar hasn’t been reached for me

The bit in bold is ironic, considering that's what the current owners would seem to be doing i.e. committing to first instalments on players, but essentially spending the future/potential owners money. Easy to do that as you say.

No pontificating needed. 2 + 2 = 4
 
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