Failed Hostile Takeover - Questions 13:27 - Jan 9 with 5746 views | UpTheDaleNotForSale | Following on from the confirmation on Friday that faceless payroll company Morton House are looking to take legal action against the club board of directors and trust (& so by proxy our fans and community), we want to remind the public of some of the key questions related to the failed hostile takeover of RAFC by Morton House Management & First Form Construction Limited. We started last night by asking: - Why did Andy Curran / Darrell Rose (Morton House) PRIVATELY pay 3x market value for shares in #RAFC? - Why was Matt Southall seen with Morton House at the Crown Oil arena in APRIL? The purpose of this thread is to find out what outstanding questions you have. There have been loads asked on various threads (that can be found on the Hostile Takeover thread) and we know there are lots that haven't been mentioned yet. Post your questions below and we will collate them from here / FB / Insta / Twitter, and ask them publicly across all of our platforms - tagging in the EFL, HMRC, SRA and any other relevant people / bodies to questions that are related to them. We want to keep our club fan owned, at the heart of the community, so any questions we have that can be kept in the public conscience (and potentially be asked by the multiple press agencies that are again taking an interest) can only be a good thing. #UpTheDaleNotForSale | |
| Twitter : @DaleNotForSale
Facebook : facebook.com/upthedalenotforsale |
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Failed Hostile Takeover - Questions on 15:05 - Jan 9 with 5592 views | TomRAFC | On what grounds do an organisation with no shares in our club, who attempted to acquire some contrary to EFL rules, intend to mount a legal challenge? Are they feeling a bit seasick yet still docked, if they're down the docks for any reason. | |
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Failed Hostile Takeover - Questions on 15:14 - Jan 9 with 5556 views | James1980 | Who was present in April including participants over conference/video call? Were any minutes taken during the April meeting? Were Curran et al told if the EGM vote didn't go their way they could purchase The Infamous fives shares plus Andrew Kelly's to gain control of the club? | |
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Failed Hostile Takeover - Questions on 15:32 - Jan 9 with 5484 views | 49thseason | Who is Faical Safouane? Does he actually exist? He owns MH and keeps Courtnell as a Director... but who is pulling the strings? If Safouane does not exist none of what has happened is legal anyway. Who has signed the High Court order on behalf of MH? Why isnt the MH owner pursuing former Directors for wasting company money on buying a minority shareholding in a football club at highly inflated prices? | | | |
Failed Hostile Takeover - Questions on 15:40 - Jan 9 with 5432 views | boromat | How do Morton House make their money? Who are their customers? And how do their customers feel about Morton Houses attack on the community of Rochdale? | |
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Failed Hostile Takeover - Questions on 15:43 - Jan 9 with 5409 views | blackdogblue | Who legally owns the shares in question? | |
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Failed Hostile Takeover - Questions on 15:58 - Jan 9 with 5341 views | 49thseason | A good question. I would suggest asking those who sold their shares...Who signed the cheques or where was the cash transferred from? And if it came from the MH Solicitors, who told them to transfer the cash? [Post edited 9 Jan 2022 16:00]
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Failed Hostile Takeover - Questions on 16:15 - Jan 9 with 5283 views | Toffeemanc | When will the EFL actually step up and conclude their investigations. They are just kicking the can down the road hoping they won’t need to get involved and the problem will just go away. And when will the results of these investigations be made public? There is currently more than enough information available in the public domain for them to declare all parties involved in MH as unable to pass the “fit and proper tests” which bars them from having anything to do with the club. Make public the fact they are all barred from having any ownership and nullify any shareholding they think they have. [Post edited 10 Jan 2022 12:42]
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Failed Hostile Takeover - Questions on 17:11 - Jan 9 with 5184 views | D_Alien | Apart from time, effort and just sheer annoyance, how much actual money has it cost (is it still costing) the club to fight off the hostiles? That, to my mind, would be the basis of a claim for compensation for the failure to act by the EFL | |
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Failed Hostile Takeover - Questions on 20:28 - Jan 9 with 4925 views | wozzrafc | On what grounds are they suing the trust and club? They bought the shares through a private transaction with certain individuals. The only part the club could have played is to carry out the share transfer, however A) they didn’t present them B) they were advised by the EFL not to sit them. Also what direct interaction with the trust have Morton house had that could be subject to legal proceedings? [Post edited 9 Jan 2022 20:29]
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Failed Hostile Takeover - Questions on 22:38 - Jan 9 with 4747 views | boromat | If anyone has any questions for Alex Jarvis he's currently back on Twitter trolling Dale fans as @EdCase007. May be deleted by the time you've read this. | |
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Failed Hostile Takeover - Questions on 00:20 - Jan 10 with 4679 views | Alan_ADale | so morton house tell the efl they will "divest" their shares because they screwed up their "hostile" (alexander jarvis's words) takeover last august. they wanted out, because they were shite scared of an efl investigation, (wonder why?, there's a question) so why the high court action now when they clearly wanted to get out? no buyer? aw diddums. that's business. grow up and deal with it. football nomark alexander jarvis told football nomark matt southall about a deal that had "gone wrong" at rafc. neither of them are listed as past or present shareholders or directors at morton house. what has it got to do with them? the judge will want to know. morton house is a 78 year old woman with a criminal record and a bloke who works for argos who "claim" to hold shares in rafc, but went about the transaction the wrong way in breach of efl rules. not one person in the game of football trusts morton house, a shell company, no more. any judge will see that. so my question is, morton house, what are you up to? what's the beef of the 78 year old woman with a criminal record and a bloke who works for argos who have never legitimately owned a share or shown any interest in the club? are they a front for criminals, jarvis, southall, bottomley, curran, rose et al or two irrelevant people with bad intentions? the judge will want to know. my legal eagle says we'll have to wait for the precise written details of the action to be revealed to know what they are really up to, but the solicitors and (he guesses) the qc behind it are going to look a right set of balloons at the end of it! reputational damage and all that. | | | |
Failed Hostile Takeover - Questions on 07:02 - Jan 10 with 4522 views | James1980 | What checks took place to ensure the 1.2 million pounds paid for shares came from legitimate sources? | |
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Failed Hostile Takeover - Questions on 13:42 - Jan 10 with 4322 views | HullDale | Are the EFL aware that, when a director of Morton House, Mr Rose spells his name as Darrell Rose? But when linked to his 'day job' business at LKC Motors, Mr Rose spells his name Darrel Rose? 2 names, one person. Why? | | | |
Failed Hostile Takeover - Questions on 14:12 - Jan 10 with 4255 views | AtThePeake | From where did Morton House get the contact information of the Dale shareholders? | |
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Failed Hostile Takeover - Questions on 14:22 - Jan 10 with 4220 views | TomRAFC |
Failed Hostile Takeover - Questions on 13:42 - Jan 10 by HullDale | Are the EFL aware that, when a director of Morton House, Mr Rose spells his name as Darrell Rose? But when linked to his 'day job' business at LKC Motors, Mr Rose spells his name Darrel Rose? 2 names, one person. Why? |
Along with Valarie and Faical... | |
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Failed Hostile Takeover - Questions on 14:50 - Jan 10 with 4172 views | ceme_ender |
Failed Hostile Takeover - Questions on 17:11 - Jan 9 by D_Alien | Apart from time, effort and just sheer annoyance, how much actual money has it cost (is it still costing) the club to fight off the hostiles? That, to my mind, would be the basis of a claim for compensation for the failure to act by the EFL |
EFL are pretty useless and only generally get involved in sporting matters,they were completely powerless to stop Stewart Day transferring ownership of Bury to Steve Dale for £1, he failed the fit and proper test yet they did nothing and only got involved at very last minute when it was too late. Don't expect anything from the efl. | | | |
Failed Hostile Takeover - Questions on 15:04 - Jan 10 with 4137 views | D_Alien |
Failed Hostile Takeover - Questions on 14:50 - Jan 10 by ceme_ender | EFL are pretty useless and only generally get involved in sporting matters,they were completely powerless to stop Stewart Day transferring ownership of Bury to Steve Dale for £1, he failed the fit and proper test yet they did nothing and only got involved at very last minute when it was too late. Don't expect anything from the efl. |
FWIW, i referenced their failure to act in the Bury saga in my email to them I don't expect them to act now, either, but i do expect repercussions for the EFL at some stage. We can only keep on their case; we're pretty good at that | |
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Failed Hostile Takeover - Questions on 21:26 - Jan 10 with 3902 views | Cruckle | Since Darrell Rose has stepped away from Morton House, and Andrew Curran was never a director of Morton House, why are Faical Soufane (who now owns the company but also works at Argos (go figure)) and Valarie Courtnell who is now 78 years old, interested in taking a northern League Two football club and its supporters trust, with whom they personally have never had any dealings, to court? Surely Morton House, if it is trying to recover losses due to incredibly bad and ill advised share purchases, it should be persuing former directors and advisors. | | | |
Failed Hostile Takeover - Questions on 21:48 - Jan 10 with 3843 views | RAFCBLUE |
Failed Hostile Takeover - Questions on 21:26 - Jan 10 by Cruckle | Since Darrell Rose has stepped away from Morton House, and Andrew Curran was never a director of Morton House, why are Faical Soufane (who now owns the company but also works at Argos (go figure)) and Valarie Courtnell who is now 78 years old, interested in taking a northern League Two football club and its supporters trust, with whom they personally have never had any dealings, to court? Surely Morton House, if it is trying to recover losses due to incredibly bad and ill advised share purchases, it should be persuing former directors and advisors. |
Sham (noun) - a thing that is not what it is purported to be. Morton House doesn't have any public facing Directors it seems: Andrew Curran - NEVER a director. Links to Morton House unclear. Darrell Rose - The 111 day director. Owned shares between 28 July 2021 and 20 August 2021. Denise Courtnell - Born in May 1943, this glamorous grandmother is more likely to be found in an Essex residential care home than the London corporate office of a payroll company. Faical Safouane - 100% owner (since 20th August) and the driving force taking legal action against little Rochdale, its supporters trust and the fans. Says he lives in Slough but doesn't. If you go to Flat 3 Eton Walk, 2 Upton Park, Slough, England, SL1 2DP (as listed at Companies House for his 2nd company with Denise Courtnell called Coleman Management Services Limited), they have never heard of him. https://find-and-update.company-information.service.gov.uk/company/12528490 Can anyone find a picture of any of these people? | |
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Failed Hostile Takeover - Questions on 22:14 - Jan 10 with 3778 views | James1980 | Why did the former ceo want to keep the identity of the prospective new buyers a secret. | |
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Failed Hostile Takeover - Questions on 22:28 - Jan 10 with 3720 views | judd |
Failed Hostile Takeover - Questions on 21:48 - Jan 10 by RAFCBLUE | Sham (noun) - a thing that is not what it is purported to be. Morton House doesn't have any public facing Directors it seems: Andrew Curran - NEVER a director. Links to Morton House unclear. Darrell Rose - The 111 day director. Owned shares between 28 July 2021 and 20 August 2021. Denise Courtnell - Born in May 1943, this glamorous grandmother is more likely to be found in an Essex residential care home than the London corporate office of a payroll company. Faical Safouane - 100% owner (since 20th August) and the driving force taking legal action against little Rochdale, its supporters trust and the fans. Says he lives in Slough but doesn't. If you go to Flat 3 Eton Walk, 2 Upton Park, Slough, England, SL1 2DP (as listed at Companies House for his 2nd company with Denise Courtnell called Coleman Management Services Limited), they have never heard of him. https://find-and-update.company-information.service.gov.uk/company/12528490 Can anyone find a picture of any of these people? |
Was it 2 x £1 shares issued? (Not sure if paid for) | |
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Failed Hostile Takeover - Questions on 22:35 - Jan 10 with 3701 views | 49thseason | MH has 100 X£1 shares in issue. All owned by Mr Cellophane | | | |
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