• Welcome to the ShrimperZone forums.
    You are currently viewing our boards as a guest which only gives you limited access.

    Existing Users:.
    Please log-in using your existing username and password. If you have any problems, please see below.

    New Users:
    Join our free community now and gain access to post topics, communicate privately with other members, respond to polls, upload content and access many other special features. Registration is fast, simple and free. Click here to join.

    Fans from other clubs
    We welcome and appreciate supporters from other clubs who wish to engage in sensible discussion. Please feel free to join as above but understand that this is a moderated site and those who cannot play nicely will be quickly removed.

    Assistance Required
    For help with the registration process or accessing your account, please send a note using the Contact us link in the footer, please include your account name. We can then provide you with a new password and verification to get you on the site.

Convoluted!

Forums New posts
so looking at this tangled web Ron obviously has some backers with deep pockets that he has convinced to invest in his project, these people are going to want something out of this, at the moment that is all tied into the property side.

it seems like there are two options, either we get planning permission and everyone gets their payday or the club gets spun out as a separate entity with all the losses.

mind you there is a third option, one of Rons backers thinks they can do a better job and we become the next Bournemouth. or Orient.
 
BriggBlue said:
so looking at this tangled web Ron obviously has some backers with deep pockets that he has convinced to invest in his project, these people are going to want something out of this, at the moment that is all tied into the property side.

it seems like there are two options, either we get planning permission and everyone gets their payday or the club gets spun out as a separate entity with all the losses.

mind you there is a third option, one of Rons backers thinks they can do a better job and we become the next Bournemouth. or Orient.
Click to expand...

This.

Great post.
 
www.shrimperzone.com

Convoluted!

Just trying to unravel some of the threads here Thames Plaza PLC (TP) has 3 charges against them. Two of these are from Citizen Housing (Southend) CH(S). (One other was fromTopland Jupiter (TJ)). Two of these were on the on same day in May 2019). TP has two directors, Ron and Jack. Patrick van...
www.shrimperzone.com www.shrimperzone.com

Napster at his finest
 
Napster said:
bump
Click to expand...

Ron was very quick to point out in the radio interview that SUFC Ltd owns next to nothing and that all the real assets such as Roots Hall, Boots and Laces and Fossetts Farm are owned by his other companies.

Is there a restrictive covenant on Roots Hall preventing redevelopment without a replacement ground being provided first?
The Fossets Farm development needs a viable football club to pay him rent. He has continually waived the rent on Roots Hall and his companies have “lent“ the club millions.
 
LBBlue said:
Ron was very quick to point out in the radio interview that SUFC Ltd owns next to nothing and that all the real assets such as Roots Hall, Boots and Laces and Fossetts Farm are owned by his other companies.

Is there a restrictive covenant on Roots Hall preventing redevelopment without a replacement ground being provided first?
The Fossets Farm development needs a viable football club to pay him rent. He has continually waived the rent on Roots Hall and his companies have “lent“ the club millions.
Click to expand...

Covenant or not Sports England are one of the mandatory organisations that are consulted into the schemes such as this

In reality and development would as a minimum have to replace on a pitch for pitch basis or based on something called the green book the facilities replacing Roots hall would have to be equal to or better than those already in situ.

That requirement only remains in place if the facilities are being used or I think have been in the past ( I think that is within the last 2 years)
 
Napster said:
So Allied Housing have loaned Citizen Housing 7m quid
Click to expand...
Which they won't ask for back within the next 12 months if doing so will put Citizen out of business. It would be interesting when that money came through compared to the embargo being lifted
 
brigg blue said:
Which they won't ask for back within the next 12 months if doing so will put Citizen out of business. It would be interesting when that money came through compared to the embargo being lifted
Click to expand...

Given that those figures were for period ended March, I wouldn't expect a correlation.
 
You must log in or register to reply here.

.



Club News
Fixtures and Results
League Table
SUFC Ticket Stats
Shrimpers Trust
SoccerBase
SUEPA (Ex Players)
Shrimperzone on Facebook
Shrimperzone on Twitter
Shrimperzone on Instagram


ShrimperZone Sponsors

FFM MSPFX Foreign Exchange Services
Estuary MFF2
Zone Advertisers Zone Advertisers

ShrimperZone - SUFC Player Sponsorship

Southend United Away Travel


All At Sea Fanzine


Back
Top