National League statement - 24 June 2024

[kentblues]

@CllrDanielCowan Ron Martin, Julie Martin, Jack Martin and Tom Martin will pay for this. Thanks to them I’m in tears!!!! TIME TO RIOT AT THEIR OWN HOUSE GUYS!

Forget CllrCowan- he has done more in days than the previous lot did in months- they spent months and months agreeing a deal that couldn’t fly, a festival of incompetence on a biblical scale

 

[rootshall rambler]

There WAS a time when there were quite a few on the ‘zone who seemed strangely supportive of Mr Martin.

I wonder what they’re thinking tonight. ??

I wonder if karma will ever repay him for all he’s done to our club. ??

I doubt it…….. life is too unfair.

 

[The Original Tribal Chief]

Something doesn't smell quite right about this, particularly with no mention of a deadline or any penalty for non-compliance.

I wonder if the consortium have got the NL onside and have requested they give the rats a bit of a hurry-up.

Nice thought but I’m almost certain that’s not the case.

 

[kentblues]

We really need the WUP to be withdrawn.

It being withdrawn or settled would be by far the best option- at the same time that become less likely…

 

[Boreham Blue]

At least it is a repayable and Ron has such a good credit rating that people will be queueing up to lend him money

 

[Shrimper]

We really need the WUP to be withdrawn.

Which it won't be

 

[Avl1983]

I think the timing was done in purpose by the NL. They will know that the consortium are considering paying £500k of Ron’s debt. If they go ahead and pay that and then issue this statement the consortium are in an even harder position. By timing it now they’re giving them advance warning that IF you choose to clear the WUP then you will also have to pay a £1 million bond.

I wouldn’t want to see anyone pay off Ron’s debt but we all want to see the club survive. The consortium have been brilliant so far so at least they know what they’re walking into.

We’ll have an answer by Wednesday, if they pay the £500k we’ll know they’re willing to pay the £1 million.

 

[kentblues]

I feel the National League are very clear in their message to RM and Co "The bond shall remain in place until the sooner of (i) an ownership agreement with the consortium currently in talks with the Club being successfully concluded, to the satisfaction of the National League and the FA; or (ii) the Club demonstrating, to the satisfaction of the National League, that is has sufficient financial resources within its own means to meet its financial obligations for the forthcoming Season" So, the consortium take over to the satisfactory requirements of the League, the bond is released back to the Club,

The release is drafted to the same standard as their rules- does it say when the bond has to be paid? Is it just before the season starts? In which case deal goes through by then and never paid. Or does it mean paid now? If that then it’s outrageous, if the former would almost be helpful if only the WUP didn’t exist. At best it poor timing.

 

[Smiffy]

https://twitter.com/x/status/1805325981277995380

 

[bazzashrimper]

I’d love to see them ask one of the small clubs in the league for £1m. Absurd.

 

[Jack_23]

https://twitter.com/x/status/1805325981277995380

and there you have your excuse for when this takeover falls through

 

[AlfaShrimper]

This is probably the worse news we have had in this sorry saga.. and yet. Completely numb. I just hope if the club goes Ron and his family get what they deserve

 

[Ricey]

https://twitter.com/x/status/1805325981277995380

bUt It wAs DoNe To PuT pReSsUrE oN

 

[Harry Bullocks]

Protest group light up your
Proceed at pace,
Show Those words are banned to adjacent properties

 

[AlfaShrimper]

Protest group light up your
Proceed at pace,
Show Those words are banned to adjacent properties

They should have been given the green light weeks ago.. yet with 36 hours to go we expect the world from them?

 

[Spaceman Spiff]

bUt It wAs DoNe To PuT pReSsUrE oN

Meow. We don’t know the ins and outs, no matter what various press releases are saying. Folks determined to believe the worst will do that, others of us prefer to retain a smidge of hope until it is proven that there is none.

 

[wildheart]

This is a tragedy, been a fan all my life and now aged 66 it feels like the end.

 

[Ron Manager]

I’ve always throughout the whole saga just about thought it would be ok, that we’d get through somehow.

But not now. We are done for, I’m certain of it.

And I totally understand the call for protests, if I were there and not the other side of the world I’d be marching on Benfleet as we speak. Ultimately though I think that’s just satisfying a need and desire to do SOMETHING but don’t think it will make any difference.

 

[Colblue]

Just as importantly what advancements have been made with the since Fridays update that he had moved closer to the red lines.
The million, the 500k all mean nothing if he’s reverted to type and started stalling again

 

[Avl1983]

If by some miracle the consortium have received security from the Martins then we have no issue. I can dream!