SUFC: The Future Consortium and Ron exchange contracts... so when will they be signed??

[Boreham Shrimper]

Imagine being Ron now watching on as someone else runs the club you technically still own (just) and in the space of a week they have exchanged contracts, signed up Kev and Co, got the embargo lifted and now signed up JD, Ralph and Bridgey, must be cringing pretty hard

I honestly don't think the Rat gives a crap. If he did he would have done the right thing by the club months, if not years ago. He may have allowed himself to believe as though he cared once upon a time but he's so deep in the mire and dependent on the Fossetts development override any feelings he may have had for the club.

In any case, this isn't about him any more. Hopefully the final Is can be dotted and Ts crossed before too much longer and he really will be a thing of the past (apart from the £20m of course!).

 

[Smiffy]

Nice touch. This is all very unreal.

https://twitter.com/x/status/1740708744894275673

 

[Evening Echo]

ECHOSPORT asks Southend United fans what they want the consortium taking charge of the club to sort out at Roots Hall.

Read more on this story


Help with Echo links

 

[Jmayhew32]

Does anyone know how early in 2024 the takeover will be completed?

 

[Cricko]

Does anyone know how early in 2024 the takeover will be completed?

After the council ratify thats its ok to move the houses fron RH to FF subject to planning approval at a later date..
No idea when the council meet though to sort this i thought it was in January, anybody else know?

 

[Jai]

After the council ratify thats its ok to move the houses fron RH to FF subject to planning approval at a later date..
No idea when the council meet though to sort this i thought it was in January, anybody else know?

There are two Cabinet meetings in Jan, so presumably it will be discussed at one of those. 11th and 17th I think.

 

[Holy Joe]

There are two Cabinet meetings in Jan, so presumably it will be discussed at one of those. 11th and 17th I think.

It's not on the agenda for 11th.

If it needs full council meeting approval - there isn't a meeting scheduled until March

 

[Rattus Norvegicus]

And suddenly it has all gone quiet.

Nice not to have the abusive comments & continually repeated insults of course - Shrimperzone is getting back to being a nicer place I think and we all have our fingers crossed for the "right" outcome but the deal isn't completed yet, is it?

 

[ColinMorrisWalksOnWater]

Matt Slater in the forefront of football club news again, also makes me glad that our consortium is made up of successful businessmen that are fans too, except Justin of course.

Dagenham & Redbridge's American owners putting shares up for sale

Dagenham & Redbridge’s American owners, a group which includes former USMNT goalkeeper Tim Howard, are putting their shares in the National League club up for sale. Led by New York Yankees minority shareholder Peter B. Freund, the seven-strong consortium effectively rescued the east London-based...

theathletic.com

 

[Blue Yonder]

Does anyone know how this strange no mans land we’re in works ? We’ve paid off debts, signed players so on the other side is all income now for the new owners ? Will their accounts start December 2023 or from when the sale is completed ? If the East Stand burnt down tonight would it be the new owners responsibility to have it insured ?

 

[kentblues]

It's not on the agenda for 11th.

If it needs full council meeting approval - there isn't a meeting scheduled until March

I know councils are amateur hour personified (literally), but I don’t think it can be beyond the wit of SBC to call one earlier, if necessary, to approve a specific item.

 

[Holy Joe]

I know councils are amateur hour personified (literally), but I don’t think it can be beyond the wit of SBC to call one earlier, if necessary, to approve a specific item.

Quite. I was optimistic for the 'special' meeting this week - but that appears to be about the a127

 

[PIERS]

If J Watson is involved. It’s screwed down tight .. just a matter of time

 

[THE SEVENTIES NORTH BANK]

If J Watson is involved. It’s screwed down tight .. just a matter of time

Can you elaborate?

 

[Holy Joe]

Does anyone know how this strange no mans land we’re in works ? We’ve paid off debts, signed players so on the other side is all income now for the new owners ? Will their accounts start December 2023 or from when the sale is completed ? If the East Stand burnt down tonight would it be the new owners responsibility to have it insured ?

I think the clubs accounts just continue - there's no start and stop date. The club will insure the East stand - not the shareholders

 

[Rattus Norvegicus]

And here we are. Thought this could do with bumping up to the top again as a reminder that there is still very important unfinished business.

 

[Holy Joe]

And here we are. Thought this could do with bumping up to the top again as a reminder that there is still very important unfinished business.

Yep - I checked the council meeting agendas again last night - no meetings on the calendar in the next 7 days with agendas that include us/FF

 

[Holy Joe]

And here we are. Thought this could do with bumping up to the top again as a reminder that there is still very important unfinished business.

I suspect I won't be the only one, but one of my questions that I submitted for the consortium q&a was around when will they complete and what they need to happen for completion - so hopefully more info on Thursday night

 

[tommy tucker]

Dont hang around like a bad smell Martin just sod off .

 

[Rattus Norvegicus]

I suspect I won't be the only one, but one of my questions that I submitted for the consortium q&a was around when will they complete and what they need to happen for completion - so hopefully more info on Thursday night.

Absolutely.