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Bates takeover doubts as
Bates takeover doubts as "confidentiality" goes out of the window
Wednesday, 24th Oct 2012 00:26

Typically our glorious leader used his programme notes to discuss the disgraceful scenes at Hillsborough, the impact it may have on the takeover and do I detect a little dig at GFH Capital.

"What message does that give to our potential investors, commercial partners, including our club sponsor whose chairman watched the game in Dubai?" Ken asked ahead of the Charlton game re: Friday night's disgraceful events at Hillsborough.

Having paid a quick mention to our "Kick it Out" night and name dropping a certain E Cantona at a conference in Monaco, Bates then moved back to the takeover or rather "proposed investment" again mentioning the "confidentiality clause" but claiming it was in tatters due to the Bahraini Regulatory Authority forcing GFH to "make a statement clarifying the situation".

Bates argued this in turn has led to "widespread repercussions" and unfavourable articles written about GFH, however he adds "what they (GFH) must be thinking after watching Friday nights events unfold." He acknowledges the £2m received from GFH as an "upfront payment" on or around June 15th however goes on to slate the Yorkshire Evening Post for quoting a figure treble that and challenged the editor to either print his source or issue an apology, accusing them of "low standards"

Yorkshire Radio meanwhile confirmed last night that takeover talks are "ongoing"

Business as usual then!

Photo: Action Images



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TimWhelan added 13:52 - Oct 24
So if the proposed takeover eventually falls through because Bates and GFH decide they don't like the look of each other, Bates will use Aaron Cawley as the scapegoat, and try to pretend that it was only due to him that the takeover dodn't happen.
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