General Consortium Takeover - News and Rumours

Status
Not open for further replies.
Finlayson is a business financier out of Singapore. Laksmana head of a Indonesian radio/media organisation. Both directors of new company based at training ground Oxford Park Development Company. Thank you Mr Google
 
Finlayson is a business financier out of Singapore. Laksmana head of a Indonesian radio/media organisation. Both directors of new company based at training ground Oxford Park Development Company. Thank you Mr Google

This Mr Google you mention - is he a tech expert we’ve bought on board?
 
Where’s Erik Thohir

Maybe he is part of one of the other holding companies listed.

PT. EMT Aset Investama increased their share by 2.3%

PT. Brown Sports Management Asia increased their share by 4.2%
 
Oxford Park Developments is the new name on the block. Registered address as above.


What % do OUFC have in this company that is likely to own the new stadium and surroundings?
 
What % do OUFC have in this company that is likely to own the new stadium and surroundings?

OUFC has no assets of its own so its exceptionally unlikely to have any % in the holding company. However, that in itself isn't a major issue. The club will have protected rights to the use of the stadium at a peppercorn rent and with the opportunity to use income from matchdays to help the club become competitive AND sustainable.
 
Err, your post hasn't aged well old chap!!!

So what is the spin? More investors? More complex company arrangements so we lose sight of who owns what?

Simplify it for us plebs who care about what happens to our club.

I might be over cynical but lessons from the past tend to be the cold wind of reality.
 
So what is the spin? More investors? More complex company arrangements so we lose sight of who owns what?

Simplify it for us plebs who care about what happens to our club.

I might be over cynical but lessons from the past tend to be the cold wind of reality.
There's no spin.

Firstly, the "take over" of the Holding Company has now happened, with the shares being re-allocated as per Mark Gelder's post, showing Tiger now only having 13%, compared to the initial 60% he held when first arriving. Secondly, Anindya, Horst, and a proxy of Erick's are now Directors of the Holding Company, whereas previously it was only Tiger. Both of these actions show a clear change in the balance of power and decision making ability.

Lastly, a company has been formed and registered at Companies House, Oxford Park Developments Limited, as the vehicle to build the stadium. It's Directors are the same investors as the Holding Company (minus Tiger) but including OUFC's Finance Director, Tim Davies, and it's address is the club's training ground. It states it's activity as the construction of commercial properties. I really don't know what could be clearer?

Hence my initial post, over a week ago, with the 👀 👀 when somebody suggested it had all gone quiet and nothing was happening. These changes happened two weeks ago at the Holding Company and the Development Company was formed prior to that.
 
There's no spin.

Firstly, the "take over" of the Holding Company has now happened, with the shares being re-allocated as per Mark Gelder's post, showing Tiger now only having 13%, compared to the initial 60% he held when first arriving. Secondly, Anindya, Horst, and a proxy of Erick's are now Directors of the Holding Company, whereas previously it was only Tiger. Both of these actions show a clear change in the balance of power and decision making ability.

Lastly, a company has been formed and registered at Companies House, Oxford Park Developments Limited, as the vehicle to build the stadium. It's Directors are the same investors as the Holding Company (minus Tiger) but including OUFC's Finance Director, Tim Davies, and it's address is the club's training ground. It states it's activity as the construction of commercial properties. I really don't know what could be clearer?

Hence my initial post, over a week ago, with the 👀 👀 when somebody suggested it had all gone quiet and nothing was happening. These changes happened two weeks ago at the Holding Company and the Development Company was formed prior to that.

Well it could be clearer. An official announcement from the club that the takeover has completed would be nice. Who is the chairman now?
 
Yes, and will the boardroom table be made of sustainably sourced teak?

At the risk of over-egging my enthusiasm I expect the board will reveal all in an announcement at a time of their choosing.
 
Status
Not open for further replies.
Back
Top Bottom