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citizensuburbia.bsky.social
Citizens of Suburbia
@citizensuburbia.bsky.social
Run With The Dogs Tonight
Reposted by Citizens of Suburbia
2/2

3. If yes, did Leadenhall raise objection or not? If not >> what now?

See 2.

4. Or, did Court consider ACap's last appeal?

Not addressed. Do you know what ACap appealed?
November 20, 2024 at 9:12 AM
Reposted by Citizens of Suburbia
You haven't.

1. Has NDA/Confidentiality agreed? (Did TFG consent?) - Not addressed by your article.

2. If yes, did Leadenhall review?
- Your article indicates Leadenhall still needs to be "fully apprised" & A-Cap "not responded to basic requests". Why do you think that is? 🤔

1/2
November 20, 2024 at 9:11 AM
Reposted by Citizens of Suburbia
These are the 4 key questions we need info on if we are to understand where the TFG/ACap deal stands. Seperately, we don't know if TFG could still be willing to complete even if there is an issue. Seperately, the PL might want clarity too as part of their apprpval process.
So:

1. Has NDA/Confidentiality agreed? (Did TFG consent?)
2. If yes, did Leadenhall review?
3. If yes, did Leadenhall raise objection or not? If not >> what now?
4. Or, did Court consider ACap's last appeal?
November 20, 2024 at 9:15 AM
These are the 4 key questions we need info on if we are to understand where the TFG/ACap deal stands. Seperately, we don't know if TFG could still be willing to complete even if there is an issue. Seperately, the PL might want clarity too as part of their apprpval process.
So:

1. Has NDA/Confidentiality agreed? (Did TFG consent?)
2. If yes, did Leadenhall review?
3. If yes, did Leadenhall raise objection or not? If not >> what now?
4. Or, did Court consider ACap's last appeal?
November 20, 2024 at 9:15 AM
Reposted by Citizens of Suburbia
Ok, so - have the terms been disclosed? IE did ACAP resolve confidentiality to reveal?
November 20, 2024 at 1:51 AM
Reposted by Citizens of Suburbia
Again - did they resolve the confidentiality part to enable Leadenhall to review?
November 20, 2024 at 1:52 AM
Reposted by Citizens of Suburbia
Right. Glad we established that. So, the question is: if the NDA dispute has not been resolved (has it?) how will Leadenhall review the terms (have they?).
November 20, 2024 at 1:50 AM
Reposted by Citizens of Suburbia
1. I have characterised the filings, which is public information. Please show me where I have wrongly characterised the filings.

2. As for it not being the full picture - it is the full picture as far what I stated - because of 1). Again, show me where it isn't.
November 19, 2024 at 4:12 PM
Reposted by Citizens of Suburbia
Subsequent filing made by A CAP pleads to the court to expedite matters with a desdline requested of March 2025. So debate centres on was it 1. fair to injunct the deal 2. If terms had to be revealed to court done so under seal 3. Leadenhall needed to sign NDA (all per filings)
November 19, 2024 at 2:37 PM
Reposted by Citizens of Suburbia
See attached filings to that effect (highlighted in yellow). A-CAP & Leadenhall weren't able to agree an NDA. Documents were sent to Court under seal. A further appeal made by A-Cap on an expedited decision on transaction by March 2025 as its causing "harm"
November 19, 2024 at 2:33 PM
Reposted by Citizens of Suburbia
All information above h/t Gregory Cordell on twitter (worth a follow)
November 19, 2024 at 2:38 PM
Reposted by Citizens of Suburbia
If they had agreed an NDA or got the court had sealed the documents, then Leadenhall would be reviewing the terms, no?
November 19, 2024 at 9:14 AM
Reposted by Citizens of Suburbia
Where's the money laundering part? It reads like investigation centres on ACaps investments into 777 & ACap has been cooperative. ML implies laundering the proceeds of crime, but source of cash is policy premiums from ACap (?).

As you know, I worry these guys are over sensationalising
November 18, 2024 at 11:15 AM
Reposted by Citizens of Suburbia
The dispute between ACap & Leadenhall on the Everton deal is over the NDA/having the terms kept under seal. Meanwhile, article reads like the DoJ investigation is over misuse of ACap funds, not money laundering (which is using proceeds of crime)...?
November 18, 2024 at 11:17 AM
"When measured by results and player development during his six games, however, Carsley can reflect on a job very well done, revealing himself to be a coach willing to make bold decisions, giving youth its head while adopting a fearless approach to selection."
November 17, 2024 at 10:48 PM
Those 4 wins out of 5 post the 10pt deduction announcement this time last year (i.e. where the team played with a seige mentality) does some heavy lifting in Dyche's overall record. Either side of it, its 16 wins out of 61 games (26% win ratio) with a ppg of <1.10.
November 17, 2024 at 12:39 PM
Underrated Everton Players #2
Don Hutchison 🔵⚽

Position: Central midfielder
League appearances: 75
League goals: 10
Years: 1998-2000
November 17, 2024 at 3:32 AM
Underrated Everton Players #1
November 17, 2024 at 3:32 AM
Reposted by Citizens of Suburbia
On the point regarding APT/SHL I think Everton have a strong case that the cash was equity. It was treated as equity by auditors, had no fixed repayment date & likely put in as a loan to avoid further dilution of EFCSA. Generally, this APT issue is bad news for all minority shareholders.
@slbsn.bsky.social makes interesting points re City's APT case. Past PSR periods that have closed not likely to re-open if not charged: so Everton's interest recap case could die because they weren't charged on it for 21/22 (which closed). That's the period I worry about. 1/2
November 16, 2024 at 9:45 AM
Reposted by Citizens of Suburbia
2/2 Reason being that Everton's audited accounts in 21/22 were restated in 22/23, i.e. they were changing the prior PSR submission (which had less capitalisation). That's dodgy ground.

22/23 applied capitalisation from the off unlike 21/22. So no change to original PSR calcs were needed.
November 16, 2024 at 9:43 AM
Reposted by Citizens of Suburbia
@slbsn.bsky.social makes interesting points re City's APT case. Past PSR periods that have closed not likely to re-open if not charged: so Everton's interest recap case could die because they weren't charged on it for 21/22 (which closed). That's the period I worry about. 1/2
November 16, 2024 at 9:38 AM
On the point regarding APT/SHL I think Everton have a strong case that the cash was equity. It was treated as equity by auditors, had no fixed repayment date & likely put in as a loan to avoid further dilution of EFCSA. Generally, this APT issue is bad news for all minority shareholders.
@slbsn.bsky.social makes interesting points re City's APT case. Past PSR periods that have closed not likely to re-open if not charged: so Everton's interest recap case could die because they weren't charged on it for 21/22 (which closed). That's the period I worry about. 1/2
November 16, 2024 at 9:45 AM
@slbsn.bsky.social makes interesting points re City's APT case. Past PSR periods that have closed not likely to re-open if not charged: so Everton's interest recap case could die because they weren't charged on it for 21/22 (which closed). That's the period I worry about. 1/2
November 16, 2024 at 9:38 AM
November 15, 2024 at 9:43 PM
Reposted by Citizens of Suburbia
Incredible. Textor was spinning way too many plates because & was plugging too many holes. This is why multi club ownership can be dangerous. And why, IMO, Moshiri did incredibly well after the war to raise cash to finish the stadium & bring TFG in.
November 15, 2024 at 7:47 PM