Well, it's going to be 20c and sunshine. Then again, I'm currently in Yerevan.

Very high winds forecast for kick off time tomorrow Bad Egg. I think the pitch will be fine cos we’ve got these massive drainage tanks under the pitch 😊 but whether there might be a health and safety angle that comes into play in and around the stadium I don’t know.

Weather is atrocious here, what’s it like “back home?” Will the game go ahead??

I suppose it's conceivable that they're using a contractual mechanism rather than a class of shares to give SSC their 90% economic interest. That would be a bit weird though (and would be tantamount to ownership anyway). Let's hope my questions get answered.

Still referring to supporter owned values in that job spec even though the SSC proposal, recommended by the DTB, would mean we no longer would be.

Interesting timing: [Link]

I reckon there ought to be a competition to come up with the best (sensible) name for the holding company. Free pair of tickets for the upstairs lounge at a match as the prize, or something like that.

Best wishes to Terry Skiverton.

On 21 October, "Changing Man" posted - It was explained that SSC was only formed as a company for this specific investment. They made £2mill available for the summer window as a goodwill payment (tempter) but the board has chosen not to touch it. Bet Jacko was pleased

RK issue is we have to return the money if the regulator or EFL decide its a no so we can't spend it until we get the all clear from them

Mark, also would have sent the wrong message to members if we'd already pocketed the £2m prior to the consultation & vote. Would make it seem like a done deal

So, if vote result is confirmed say 18 November and it's YES, then the funds are deposited on 2 December in time for some panic buys in the Jan window

Re the £2m, the pre-meeting email says "SSC pays its £2m deposit, within 14 days of a YES vote", so I deduce that these funds are NOT in our account.

Something along the lines of... they offered the money for use towards B team, but it was too late for this season, and they said it could be used for playing budget. But, since it's conditional on the deal going through (i.e. returnable if it doesn't), we'd have been in a right mess if we used the money and the deal didn't happen. I think that's it anyway.

Football regulator response time to change of control - they have to give an initial response within 90 days but that can be extended to 150 days (ie an extra 60 days) for complex cases, so the maximum time from application to determination is 150 days.

H - likewise

Bob a ha yes. What was that sum and why have we chosen not to use it? I can't remember!

Hash see my post at 15.19

Are we getting interest on the two million ?

There will obviously have to be a proper share register for the new holding compsny, with full details. I would be surprised if you could just transfer the current plc register to NewHold. If that can't be done, they probably need EGMs for both companies and are likely to have to contact individual shareholders to confirm the details. It would be a good opportunity though need some calculations to get rid of having two share classes.

I don’t really understand the value of the £2m deposit if it has to be returned if the deal doesn’t go through. Money in the bank but you can’t touch it otherwise you risk increasing your debt.

Oh to have £400K available in January...

We get a £2 million deposit on signing but we have to return it if the authorities decide Omar is too dodgy. But I seem to remember a separate sum being given to us already which we have chosen not to use or am i making that up?

I think they gave us the option of taking £2m? Not sure though. But I guess they might consider doing similar in January if regulatory approvals is looking positive.

I don't know the last time AFCW PLC communicated with me other than the annual AGM email? I've no idea if they even have any other up to date contact details as if at some point dividends are going to be paid they can't just use an email address.