Takeover

[Token]

https://www.leytonorient.com/news/2025/ ... nvestment/

Anyone got any info on this?

[PKM]

Yes, Nige is selling out for big bucks $$$$$
That’s why he seriously backed up in the transfer window, knowing he could recoup his investment in a few months.
Nige has stated incoming investment is tied and goes hand in hand with new stadium plans.
Premiership in 5 years.

[gshaw]

Here comes the big money for big ambitions

[PKM]

My money is on Nige to do a better job than Bazza did wrt flogging it on.

[DelightInE10]

can someone explain what period of exclusivity means? Does that mean that we have found investors and they are close to acquiring their stake in the club?

[Token]

From the wording of it, it sounds like a done deal. But who is the group?

[BiggsyMalone]

Interesting NT has called it ‘seeking investment’ and this is essentially a takeover. Its what is needed to take the club to the next level. I think he will stay involved at a minor level and stays on the board.

Hopefully this goes better than the last time the club were knocking on the door of the Championship… Things are about the get a lot more expensive for the fans.

[BiggsyMalone]

can someone explain what period of exclusivity means? Does that mean that we have found investors and they are close to acquiring their stake in the club?

They’re close to a deal and have set aside a period of time to negotiate the full details without the club negotiating with other parties.

[PKM]

can someone explain what period of exclusivity means? Does that mean that we have found investors and they are close to acquiring their stake in the club?

It means yes, we have found investors. We are satisfied they are serious and have the dosh.
Those investors now wish to do their own due diligence on the club safe in the knowledge that someone can’t sneak in and outbid them etc
Due diligence will include the finances of the club, the running of the club, checking there will be no efl hindrance, examining the new ground options, speaking with WF council on the options, speaking with any minority shareholders etc etc

[DaveDunmore]

can someone explain what period of exclusivity means? Does that mean that we have found investors and they are close to acquiring their stake in the club?

An exclusivity period is a length of time (usually 30 to 60 days) during which a seller is prohibited from carrying out or furthering activities that relate to the sale of a firm with parties other than the prospective buyer with whom they have signed a letter of intent. The scope and duration of the exclusivity period varies (as per the decisions of the parties involved), but the specifications and regulations are written in each specific letter of intent.

[KingLes]

I imagine Kent will go too ??? Maybe with other directors

[StillSpike]

I imagine Kent will go too ??? Maybe with other directors

"too" ??

Nothing in the statement indicates that either is "going".

Clearly Nigel & Co will need to do a better job (i.e. some due diligence for a start) that Bazza, and I trust that they will do.

[Hoover Attack]

Kent has pretty much already gone.

This season is giving big 2013/14 vibes. Let’s hop for a happier ending all round.

[Orient Punxx]

The Wife just told me she’s hocked up the holiday home in Camber Sands and she’s buying me a footy club.

[RedDwarf 1881]

Here comes the big money for big ambitions

Let’s hope so, and this time the big money comes with a brain behind it, unlike the previous regime.

[RedDwarf 1881]

Interesting NT has called it ‘seeking investment’ and this is essentially a takeover. Its what is needed to take the club to the next level. I think he will stay involved at a minor level and stays on the board.

Hopefully this goes better than the last time the club were knocking on the door of the Championship… Things are about the get a lot more expensive for the fans.

More expensive, yes, probably but look at the fantastic football we’re watching. if we want to go to the next level we has supporters have to expect to pay more. Personally speaking, I’m willing to pay more if it means we can get into the championship.

[Loyal_Supporter]

It hurts if this is the end of the Nigel Travis and Kent Teague era but if it is, I cannot say thank you both enough times.

[RedDwarf 1881]

It hurts if this is the end of the Nigel Travis and Kent Teague era but if it is, I cannot say thank you both enough times.

I am hoping I am praying that Nigel stays on the board. After what happened to us with the previous regime, I would only be confident if Nigel is still with us.

[Rich Tea Wellin]

We’re all gonna get f*cked again arent we?

[Rich Tea Wellin]

Seriously, I trust the current board not to sell us down the river and we are a good investment for lots of reasons. My guess would be American money but whoever it is please don’t make it be a bunch of people that makes me feel like I’m making an ethical decision every time I buy a ticket

[Scuba Diver]

I imagine Nigel will be on-board still, and as others have opined Kent's role has diminished to a degree

Both, in my opinion, deserve some kind of lifetime recognition from the club for their time and achievements here. I hope that proves to be the case..

[OyinbO]

Nigel will be staying as Chairman for a while longer, you can all calm down. Just like Matt Porter staying on as CEO under Beelzebub.

(that last bit was mischief btw, there's no indication that this new lot are as insane as FB)

[Loyal_Supporter]

We’re all gonna get f*cked again arent we?

No we are not. Nigel would NEVER let it go into the wrong hands. Remember, he is an O's fan and I believe he would NEVER let the club get into trouble while he is owner. He is a top man.

[HackneyO]

We’re all gonna get f*cked again arent we?

No we are not. Nigel would NEVER let it go into the wrong hands. Remember, he is an O's fan and I believe he would NEVER let the club get into trouble while he is owner. He is a top man.

There’s not much Nigel can do beyond due diligence up to the sale. No guarantees a new owner doesn’t turn into a new Balkan based waste management guru after a few failed attempts at getting promotion.

[Real Al]

I imagine Nigel will be on-board still, and as others have opined Kent's role has diminished to a degree

Both, in my opinion, deserve some kind of lifetime recognition from the club for their time and achievements here. I hope that proves to be the case..

The T & T tea bar?