He is....just means the paperwork can't be done til then. Much like the trialists, a pre sale agreement can be done, voting rights assigned etc. Chucky ain't gone, still taking money from the club even now.
The shares are going up as two factions try to outbid each other for control, it has zero to do with what the company is worth.
Anyhoo, back to laffs. Similar to the champions league thread on the swamp, there is an spfl one, and this still has me chuckling.