COSU Statement - Friday 7th June

[Holy Joe]

Ron said he emailed his agreement to the councils new terms yesterday. We’ll find out if that is true I’m sure early next week. If true I imagine it’s because he does believe the developments could crash and burn without the club and the sale of it being concluded.

That will only satisfy 1 of the 3 conditions.

The one I'm concerned about is the granting of security for any additional cash COSU puts in prior to completing the purchase.

Maybe the best case scenario (assuming no one blinks) is now that Ron and council have agreement, with estimated completion mid July. WUP grants an adjournment. Sale completes mid July and transfer embargo etc lifted.

 

[tommy tucker]

Ok so we all know what pokies ron say when he is in a jam . But if he says he has emailed the council with his agreement .How can someone find out if this true And is it in line with what the coiuncil wants ???.

 

[jphfitz]

Ok so we all know what pokies ron say when he is in a jam . But if he says he has emailed the council with his agreement .How can someone find out if this true And is it in line with what the coiuncil wants ???.

I believe to be true from other sources. What we don’t know if it’s games or actual concessions in the revised offer and we likely won’t have any indication until early next week.

 

[kentblues]

That will only satisfy 1 of the 3 conditions.

The one I'm concerned about is the granting of security for any additional cash COSU puts in prior to completing the purchase.

Maybe the best case scenario (assuming no one blinks) is now that Ron and council have agreement, with estimated completion mid July. WUP grants an adjournment. Sale completes mid July and transfer embargo etc lifted.

I think the point of COSU condition 3 is that they want the WUP gone and that means settling some if not all historic debt, and ST can’t wait any longer either…

 

[Crowstone Crevette]

I think the point of COSU condition 3 is that they want the WUP gone and that means settling some if not all historic debt, and ST can’t wait any longer either…

Well I'm sorry but Shrimpers Trust will just have to wait like the rest of us!

 

[Holy Joe]

I think the point of COSU condition 3 is that they want the WUP gone and that means settling some if not all historic debt, and ST can’t wait any longer either…

Yeah I get that, but if no one is putting up security nor paying off Stewart's law and Pg then we need an adjournment. That's what I'm speculating is our best case at the moment, assuming condition 3 isn't settled

 

[meerkat54]

That will only satisfy 1 of the 3 conditions.

The one I'm concerned about is the granting of security for any additional cash COSU puts in prior to completing the purchase.

Maybe the best case scenario (assuming no one blinks) is now that Ron and council have agreement, with estimated completion mid July. WUP grants an adjournment. Sale completes mid July and transfer embargo etc lifted.

Like your analysis HJ, but this would be too simple and straightforward for the . All his plan’s have a cunning twist.
BTW I do hope you are right

 

[SeaSideDoughnut]

Ron said he emailed his agreement to the councils new terms yesterday. We’ll find out if that is true I’m sure early next week. If true I imagine it’s because he does believe the developments could crash and burn without the club and the sale of it being concluded.

Not a religious person but I'll be preying this to be true.

 

[londonblue]

Not a religious person but I'll be preying this to be true.

Talk about a Freudian slip.

 

[tommy tucker]

If there is a God Iwill pray to him the the deal goes through in the end

 

[Crowstone Crevette]

If there is a God Iwill pray to him the the deal goes through in the end

Don't want to get into a theological debate, but are you sure?

 

[40yearsafan]

At least the National League AGM has confirmed we can compete next season.

Vanarama National League 2024/25 Line-Up Confirmed - The Vanarama National League

The National League line-up has been confirmed for the 2024/25 season.

www.thenationalleague.org.uk

 

[tommy tucker]

At least the national league must believe we will complet the season .We must hope it's true that we can

 

[GIBBO]

The main, stumbling point Is this money being owed? Can't we set up a gofundme page. We have a week to pimp this fabulous club out?

All it takes it one donation from a shrimper who we don't know about.

 

[OldBlueLady]

The main, stumbling point Is this money being owed? Can't we set up a gofundme page. We have a week to pimp this fabulous club out?

All it takes it one donation from a shrimper who we don't know about.

Or one that we do but might like to remain anonymous. It was certainly good seeing such a large individual donation on the Morecambe Go Fund Me page.

 

[Booma]

At least the national league must believe we will complet the season .We must hope it's true that we can

But at what cost? Do we have to play in kit found in lost property?

Have the NL imposed any penalties on us?

 

[GIBBO]

Or one that we do but might like to remain anonymous. It was certainly good seeing such a large individual donation on the Morecambe Go Fund Me page.

Why, don't the trust set up such a page? What have we got to lose? Maybe,Clutching at straws.

We can all give one final push. Even, if we didn't hit target it be used by the club.

 

[OldBlueLady]

Why, don't the trust set up such a page? What have we got to lose? Maybe,Clutching at straws.

We can all give one final push. Even, if we didn't hit target it be used by the club.

We have a meeting tomorrow night, I'll mention it at your suggestion. I must be honest, I'm not part of the working group on this so not fully "in the picture", there may be plans already in place.

 

[tommy tucker]

But at what cost? Do we have to play in kit found in lost property?

Have the NL imposed any penalties on us?

Not as yet I don't think so

 

[Dave Smiths Love Child]

When is the next HMRC payment due, that will be a tester ?