Sale of Southend United to Justin Rees and his consortium

[Billy Bests boot laces]

.I have read that martin may not attened court due to the tube strike .What i say is if he can afford to ride around in a Bentley .Then he can get to london and pay for a taxi to get to court .

He got to the Emirate stadium last Sunday, & i very much doubt he drove his ( leased? ) Bentley there?.
Possibly drove to junior Rat Jack's home in nearby Camden, & travelled from there. He can do that again next Weds.

 

[tommy tucker]

He got to the Emirate stadium last Sunday, & i very much doubt he drove his ( leased? ) Bentley there?.
Possibly drove to junior Rat Jack's home in nearby Camden, & travelled from there. He can do that again next Weds.

Hear hear

 

[shrimperjon]

Anyone going to Chelmsford or london? Wonder if Justin Rees will be there as well. He could turn up to prove he’s buying the club and provide proof.

I see Lord Football (Kerry fairness) has tweeted saying court on Tuesday is no more, the issue has been resolved. If true that’s massive news and gives me confidence things are moving in the right direction

 

[Leeboy]

I see Lord Football (Kerry fairness) has tweeted saying court on Tuesday is no more, the issue has been resolved. If true that’s massive news and gives me confidence things are moving in the right direction

when did he tweet that Jon? Can’t see it on his timeline?

 

[dusterman]

when did he tweet that Jon? Can’t see it on his timeline?

Check his replies

 

[shrimperjon]

when did he tweet that Jon? Can’t see it on his timeline?

About 20:24 tonight

 

[Leeboy]

cheers chaps

 

[shrimperjon]

 

[Leeboy]

hmmm the plot thickens ….

 

[SHRIMPERPETER]

Where did Kerry hear that from?

 

[hlane17]

View attachment 29141

I hope Tuesday is resolved, same for Wednesday, but how is the big question.

Payment up front is improbable as that would mean RM finding a substantial sum of money.

Agreement of a payment plan perhaps, but that would mean the club is closer to a takeover?

The third option that comes to mind, administration stopping any legal action... I really hope not.

For the first time in a while regarding SUFC I feel a bit sick heading into the coming week. What will it be? A horrible mixture of hope, fear, anticipation and a degree of resignation as our fate is out of our control.

Every bit of passion and effort shown by the fans in our campaign to save the club has led us to this week. I wouldn't wish how I'm feeling tonight on anyone, I'm sure some of you lot feel the same.

 

[danbowen]

I hope Tuesday is resolved, same for Wednesday, but how is the big question.

Payment up front is improbable as that would mean RM finding a substantial sum of money.

Agreement of a payment plan perhaps, but that would mean the club is closer to a takeover?

The third option that comes to mind, administration stopping any legal action... I really hope not.

For the first time in a while regarding SUFC I feel a bit sick heading into the coming week. What will it be? A horrible mixture of hope, fear, anticipation and a degree of resignation as our fate is out of our control.

Every bit of passion and effort shown by the fans in our campaign to save the club has led us to this week. I wouldn't wish how I'm feeling tonight on anyone, I'm sure some of you lot feel the same.

Hasn’t it been reported Justin Rees is putting half the money in via escrow and Jack Martin is covering Ron’s half?

 

[hlane17]

Hasn’t it been reported Justin Rees is putting half the money in via escrow and Jack Martin is covering Ron’s half?

Allegedly that's what will happen, but we still have the question of administration looming while we don't know what's happening with other creditors.

If Kerry is correct and Tuesday is resolved, my question is how?

 

[Paddypel]

Allegedly that's what will happen, but we still have the question of administration looming while we don't know what's happening with other creditors.

If Kerry is correct and Tuesday is resolved, my question is how?

Well Justin and the consortium will have agreed new terms re the length of time to discharge the debt. One that will satisfy both parties.

 

[hlane17]

Well Justin and the consortium will have agreed new terms re the length of time to discharge the debt. One that will satisfy both parties.

I hope this is the case, but again we don't know. Admin is still yet to be officially ruled out.

 

[Leeboy]

Hasn’t it been reported Justin Rees is putting half the money in via escrow and Jack Martin is covering Ron’s half?

that is only for the HMRC debt

 

[Jai]

I hope this is the case, but again we don't know. Admin is still yet to be officially ruled out.

If Npower have agreed a payment plan that will mean the court case on Tuesday is not necessary. However, even if HMRC and Npower are sorted, there are others that need to be satisfied if we are to avoid a very bad week.

 

[leeblue]

If Npower have agreed a payment plan that will mean the court case on Tuesday is not necessary. However, even if HMRC and Npower are sorted, there are others that need to be satisfied if we are to avoid a very bad week.

As stated Friday we need the creditors on the WUP to agree payment deals

 

[Billy Bests boot laces]

I see Lord Football (Kerry fairness) has tweeted saying court on Tuesday is no more, the issue has been resolved. If true that’s massive news and gives me confidence things are moving in the right direction

I heard that at yesterdays protest, didn't post it as you know what the rumour mill is like!.

 

[hlane17]

If Npower have agreed a payment plan that will mean the court case on Tuesday is not necessary. However, even if HMRC and Npower are sorted, there are others that need to be satisfied if we are to avoid a very bad week.

This is exactly my concern. I don't want to hit the panic button on here but we've got major hoops to jump through for this week to be remotely pleasant.

Sorry to be on a downer everyone but it's really hitting home tonight how this situation is sitting on a knife edge.