Question Countdown to Armageddon? What’s your prediction for 4th October.

[Mad Cyril]

I predict Ron will pay up.

 

[hlane17]

Part of me still thinks a last minute deal will be struck, because it makes sense for everyone involved to avoid administration.

But another part of me expects administration sometime later this week/early next week if there is no breakthrough.

 

[Whispering Bob]

For those intending to attend the court hearing, there is a tube strike that day.

 

[WestStandBlue]

We will not fold.

 

[Jon h]

For any one that knows what’s the latest point we can enter administration or can it be the day before the court hearing.

 

[LeedsSUFC]

according to someone on X Rees has a box at Arsenal.
Assume Ron and Jack were his guests

Some Blues fans are dishing out more lies than Ron himself!

 

[leeblue]

For any one that knows what’s the latest point we can enter administration or can it be the day before the court hearing.

We need the courts permission to enter administration.

 

[dusterman]

I feel he’ll pay iff HMRC part but not the others. Not sure if that’s even applicable? And we’ll limp on.

 

[northlincsshrimper1]

With Martin at the Arsenal ground yesterday, it will only inflate his image of grandeur. His thoughts would be "this is what I want at Southend". "I would be King of all I survey". What a plonker that man is!

 

[SUBBlue]

I feel he’ll pay iff HMRC part but not the others. Not sure if that’s even applicable? And we’ll limp on.

Even if he does the club will still get stuffed with another 10 point deduction if we remain in arrears/in debt on other bills.

The moron had the power to get the club sale well on the way to being completed by accepting an offer but his little man ego intervened.

Ron Martin would have been a good fit as a non league referee, his sh!tty attitude reminds me of that copper we had officiating vs York

 

[dusterman]

Even if he does the club will still get stuffed with another 10 point deduction if we remain in arrears/in debt on other bills.

The moron had the power to get the club sale well on the way to being completed by accepting an offer but his little man ego intervened.

Ron Martin would have been a good fit as a non league referee, his sh!tty attitude reminds me of that copper we had officiating vs York

I thought the penalty would only apply to HMRC and football creditors not businesses like Emersons?

 

[GrumpyBlue]

I have no faith in RM and have no idea what he will do - I fear the worst

 

[Callum]

Ron is a ****er everywhere we go

 

[West Stand]

I thought the penalty would only apply to HMRC and football creditors not businesses like Emersons?

The NL stipulated all HMRC debt and football creditors included debt had to be paid on time

Then if the WUP still in place ( if they , Emerson’s, haven’t withdrawn) then that really doesn’t make any difference because those 10 points have already happened but potentially other credit ors could join and that undoubtedly would tip matters

It’s the linked HMRC money and any Football Creditors that have to be cleared to avoid sanctions

 

[Hampshire Shrimp]

I think the council and powers to be should seize Roots Hall as a community asset. The current owner has failed, under the fit & proper owners test.

Ron Martin should be FULLY investigated as to money in and out with regards to SUFC!?

He gains from FF and we get back the stadium that rightly belongs to the community and club.
The new owners can then come in and progress the club forward and run it how it should be run.

If Martin does opt for Administration, he will be fully investigated which I don`t think he would want. His tangled net of companies and debt will be his downfall, I believe they would find underhand goings on with money siphoned from SUFC to other Martin assets.

The talk of another adjournment will not happen, the judge was pretty clear on that last time, and unlike Martin doesn`t LIE.

We do not need the can kicking down the road, the rat is cornered this time, time to either sell up or go into administration?

#MartinOut

 

[Thundersley Blue]

I reckon The Rat's best option is to pay HMRC and EON . He will find the money from somewhere even though it is something he hasn't wanted to do.

At least this option may get the embargo lifted. Administration would without doubt see us relegated. Another 10 point deduction and a continuation of the Embargo, will test Kevin's loyalty to the absolute limit.

 

[palexander]

Thought admin was a complete non-starter for... reasons?

But anyways, I'm going last second deal, prob Justin. Ron will just need to get out so will probably accept whats finally on the table before the 4th.

 

[palexander]

We need the courts permission to enter administration.

Yea dont think you can get the trial, Judge says - "you havent paid, so we are going to wind you up"

Then we go "in that case, we'll have Admin then please!"

I suspect will have to be done well in advance. Also... and this was a few years back I was at a company in admin, dont the debting companies have to "agree" to the admin offer too?

I assume most probably do, as the result is "something" in the £ paid back, rather than £0 if company goes bust... but just a thought. Assume HMRC accept admin, probably happens a lot.

 

[Chris Powell's mate]

RM has to have something to sell if he's haggling over a price.
No club, and everyone walks away.
Judging by noises off, the chances of getting any approval on FF will be vetoed for whatever reason.
A councils likes its area to have prestige: a football club helps to bring that.
He must be aware the current powers-that-be will help him with FF not one little bit...

 

[MountainDrew]

I personally believe Justin is just a smoke screen that has no intention of purchasing us, he brought Ron time with the “Story of buying the club” but him and Ron are in the same bed chasing the dream of a property empire.

Both in it together.