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Confirmed Statement from Ian Penrose - 26/27

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Confirmed Statement from Ian Penrose - 26/27

I seem to recall Zedan speaking to the press way back as he was frustrated at progress, so he must be utterly fed up by now.

I just don't see how it remains an attractive purchase unless a huge discount is available.
From what’s been said in the summer it sounded like Zedan wanted to bring more people in, so any delays may be down to his decision to do that.
It terms of relegation, if the takeover was to go ahead, it’s possible the payments may be staged and dependent on whether we stay up.
If it isn’t going ahead I can’t see why the club would not confirm that this is the case.
 
From what’s been said in the summer it sounded like Zedan wanted to bring more people in, so any delays may be down to his decision to do that.
It terms of relegation, if the takeover was to go ahead, it’s possible the payments may be staged and dependent on whether we stay up.
If it isn’t going ahead I can’t see why the club would not confirm that this is the case.
i suspect this is exactly what has happened - and the due diligence clock resets, each and every investor will need the money trail thoroughly auditing
 
If I was buying PNE (I'm not!) I wouldn't want to broadcast every step of it to be honest. I've heard nothing from my usual source for about a month now but I think we would know if it had fallen through. Worrying times though on and off the pitch.
Every step? They haven't even announced they've reached the first rung yet
 
Ok Mr Penrose - high time you clarified the position on this ‘supposed’ takeover, which is close approaching the longest courtship in history ( or not) . Ever since the interest has been announced the playing form has plummeted. No one likes to work for a company with a takeover or new ownership suggested given the uncertainty that might bring to you own position. The current radio-silence is deafening to players, staff and supporters alike. In these circumstances you absolutely have the responsibility to clarify the situation . Might I remind you (1) w1 d1 lost8 .
If no one turned up at the next home game with implication of plummeting gate receipts they’d be entirely justified.
Signed
A supporter who feels we have been spoon fed absolute tripe….
Penrose never comes on the forum
 
Penrose and crew are leading us down a garden path. Hiding behind the flag of commercial secrecy/convenience. The stooge guy for deflecting criticism from the games/players and staff from the ineffective Craig Hemmings and entourage. Anywhere here like to tell me what business success is Craig actually accredited with ? Deafening silence….
Why did the Hemmings consortium reject the lower but much more realistic bid from the Brian O’Neill syndicate?
My case rests ….
 
Penrose and crew are leading us down a garden path. Hiding behind the flag of commercial secrecy/convenience. The stooge guy for deflecting criticism from the games/players and staff from the ineffective Craig Hemmings and entourage. Anywhere here like to tell me what business success is Craig actually accredited with ? Deafening silence….
Why did the Hemmings consortium reject the lower but much more realistic bid from the Brian O’Neill syndicate?
My case rests ….
I didn’t know there was a bid from a Brian O’Neil syndicate.
 
I mentioned quite a while back when all the hype of the takeover was new,a familiar face was being touted as club ambassador, I suggested O'Neil, I didn't know that he was involved in a consortium, perhaps they will be announced soon, to everyone's surprise.
 
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