06 Jul 2014 09:14:56
For those moaning about how long the takeover is taking, have any of you bought a house? I did recently and the amount of paperwork to go through and initial and sign was fairly huge. All this needs to be then checked by the two parties solicitors before the sale could be agreed. Ours was an easy sale and went fairly quickly but still took nearly a month. Now think how much extra paperwork is involved with the sale of a football club, plus there is not just MM and Mammadov exchanging paperwork but this has to go through the FA too adding a third party and there solicitors. Add to that some of this paperwork has to go through Azerbaijani bureaucracy which having dealt with them in the past when doing some charity work in the country is not the fastest means that this takeover will take a while to get finalised. But it will happen so stop moaning, there is loads of time to get decent transfers in.

1.) 06 Jul 2014
Fully support above comments, takeovers by someone unknown in this country take 6-8 weeks. The 3 week figure was unrealistic. It sounds as though will be resolved next week which is great news.
Hope it is as Gray needs time to get players shaped into a team which I think is more difficult task than getting hold of Championship winnng standard players.

2.) 06 Jul 2014
First I just want to start that I am very patient about this takeover as long as the club is heading in the right direction. Secondly buying a multi million pound business is NOTHING like buying a house.

3.) 06 Jul 2014
06 Jul 2014 11:35:41
Oh and the FA are not involved it is the Football league mate!! Once it goings through the FL they just need to look at the buyers background and all involved paper work to protect the club intentions

4.) 06 Jul 2014
Here to hoping it happens this week!
Is there anything to stop us getting players in though besides if mammadov hasn't given any money into player budget, I'm meaning some technicality that anyone is aware of.

5.) 06 Jul 2014
06 Jul 2014 23:10:34
Even loans or frees mean signing a contract, and presumably part of the contract means committing money for salary - the player will obviously want paying?
So until the takeover is ratified I can't see how there can there can be any further financial commitment .
Mamma won't fund it until he's confirmed as the new owner, and MM won't fund it because he expects Mamma to be confirmed.

{Ed003's Note - It does HOWler but it has been known for potential buyers to sign players and pay the money before anything is ratified.}

6.) 06 Jul 2014
Totally agree Ed003, but if Mamma agreed the contract for a player, and the takeover wasn't subsequently ratified, MM as owner of SWFC would then own the contract and pick up the tab?
So I would imagine there will be clauses in the sale agreement to prevent Mamma making any financial commitments on behalf of SWFC until he is "legally" the owner.
That is "normal" business practice, though we all know normal business rules aren't always followed in the football world!

{Ed003's Note - Their could always be a 'legal' kop out but a signing before takeover is complete is usually done in good faith HOWler.}

7.) 07 Jul 2014
Wednesday and Proud, Firstly I know buying a business is not like buying a house but it is the closest thing that a lot of people can relate to and gives people an idea of how big a job it is and why it is taking so long. Also yes I made a slight error by putting FA instead of FL but I am sure that the majority of people realised that and knew what I meant without you being pedantic and pointing it out for them.