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.

Are we not already sitting on £2m from SSC?

Let's hope they answer all your questions fully DD. My experience of things being wrapped in a Q&A is they cherry pick the questions to answer and conveniently forget to those that may be uncomfortable. As for others using Google AI to get background on these investors or this deal, Omar Mir has a background in AI so he would be well placed to influence the results of such searches, especially as Google AI just regurgitates anything it finds published on the Internet, however ridiculous it might be. Don't base any decisions on what you read via AI.

Best wishes to Terry for a speedy and complete recovery

That’s a very good point Airsy.

Hash - minimum three months, not up to iirc

Terry Skiverton news[Link]

There's no way my voting link will work but, just for old time's sake, I did try it

One thing with the regulator timeline (in the event of a yes vote), is that it will leave us in limbo with not knowing what funds are available in the January window for any new players and also for potentially offering new contracts to players out of contract at the end of the season (Johnson, Cornick, Hippo, McDonnell, Stevens, Browne, Seddon, Smith, Ogs, Sasu, McCoy-Splatt)

Nick agreed. If he is always banging on about philanthropy etc it would be quite a hit to his reputation if he was to just screw us over like that.

I don't appear to have received the pack in my in-box or spam