SUFC: The Future SUFC up for sale

[BEERMONSTER]

If the Aussie deal, is what I’ve been told it is. It involves RM stepping down as Chairman but owning a % of the club still and future developments whilst the investors fund the club and footballing operations!

Yeah that would be a favoured option for him no doubt. My concern apart from not getting rid of him completely is what % he would hold ?

 

[leeblue]

The important thing is getting Martin away from affecting the football club, so if the Aussie deal is for real then and Martin has a percentage of the club, but is in a minority position and cannot black ball any decision by the owners or majority shareholders that is a minimum for me, but acceptable.

Agree

 

[leeblue]

Yeah that would be a favoured option for him no doubt. My concern apart from not getting rid of him completely is what % he would hold ?

Good question

 

[SPALDINGBLUE]

Margot please.

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Dear dear i need a lie down in a dark ron

 

[South Bucks Shrimper]

@Cricko Kylie?

 

[Uncle_Rons_Teapot]

If the Aussie deal, is what I’ve been told it is. It involves RM stepping down as Chairman but owning a % of the club still and future developments whilst the investors fund the club and footballing operations!

Given the alternative I think I'd take it

 

[Mr Browns Ghost]

Positive for me he would have stepped down as chairman and no longer in control. Negative he is still hanging around in the background

I think you are naive if you thing not being the chairman stops you being in control … he will totally be in control this will be a short win for the fans in their battle to be a credible football club once again. This will be the worst outcome possible and clearly the one Ron was always waiting for … basically he never goes away

 

[Barry.C]

I was hoping that when I clicked on the pic I got a full picture... I feel let down

Sorry to disappoint she is wearing shorts sponsored by PG Site Services

 

[Mr Browns Ghost]

There’s still time .. but if it means us not going bust .. I mean ideally Martin would be totally out the picture. If it means the embargo getting shifted and us having half a chance yeah. For now. Should the protests continue? Yes ..

But it’s still Ron’s club … everything that’s made the past 18 months so terrible is still there put in a bag on the side we are just kicking it down the road for abit …

 

[Jack_23]

I think you are naive if you thing not being the chairman stops you being in control … he will totally be in control this will be a short win for the fans in their battle to be a credible football club once again. This will be the worst outcome possible and clearly the one Ron was always waiting for … basically he never goes away

This is you just guessing tho. None of us know what % he will still have in the club etc. so instead of being as negative as you can possibly get let’s just wait until more details come out ( if they come out)

 

[Mr Browns Ghost]

This is you just guessing tho. None of us know what % he will still have in the club etc. so instead of being as negative as you can possibly get let’s just wait until more details come out ( if they come out)

Sorry you’re right … good news follows Southend round like a shadow … silly old me . Let’s see how my guess plays out

 

[Leeboy]

Dear dear i need a lie down in a dark ron

urgh! a dark Ron?

 

[Leigh_Seasider]

But it’s still Ron’s club … everything that’s made the past 18 months so terrible is still there put in a bag on the side we are just kicking it down the road for abit …

Don’t get me wrong I want the ****er gone .. but I also want the club to survive. Pressure needs to keep coming from all quarters. Obviously.. ideally .. someone else will step in with a last minute offer he can’t refuse.

 

[BEERMONSTER]

Good question

Another thing to consider is if the Club going forward is prosperous under new investment and the shares actually became worth more than the paper their printed on RM potentially gains again if he offloads them down the line.

 

[Yorkshire Blue]

If the Aussie deal, is what I’ve been told it is. It involves RM stepping down as Chairman but owning a % of the club still and future developments whilst the investors fund the club and footballing operations!

Ron only owns 70% of the club. Any deal for SUFC is likely to take his shareholding below 50%. At that point he can be overruled. As everyone who brought shares can attest being a minority shareholder doesn’t confer many rights.

I suspect the investment is therefore more likely in one of the parent companies.

I am automatically sceptical of how much someone investing for its development potential will want to invest in the club and footballing operations. That seems like a recipe for being asset stripped.

 

[basilrobbie]

why not stop screwing around and open a bank account and start collecting the
money and buy the effing thing -

i think we could prob have the dollars in a week ..

do a share offer thing ...

Just for interest, in 2018 I did some DD on the possibility of us doing a Community Share Offer of the kind created by Pompey fans.

It didn't eventually lead to anything, as our circumstances changed while we were considering it. But I can tell you that merely scoping what needed to be done, briefing my Committee and preparing a draft Prospectus was three months work.

 

[GNH]

That seems like a recipe for being asset stripped.

Well unless they have a penchant for partially working, outdated scoreboards bolted to ageing asbestos roofing, they’re gonna be **** out of luck with us!

 

[Chrisb]

Time for the Famous Five to step forward.

 

[Thor1]

It's Margot Robbie. That's why our 3rd kit will

Margot please.

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If only they could flash thus on the score board every time we scored.

 

[Shrimper95]

I think most people would prefer the five local businessmen however I don’t think we’ve really heard anything that makes it seem likely that they’re near putting in an offer for the club let alone completing a purchase and outing Ron once and for all (unless someone can tell me differently). If the Aussies are a serious alternative, which we don’t know for sure yet (unless someone can tell me differently), then I think we need to take what we can get and keep up the pressure on Ron in the form of protests until he, or his family, decide they’ve had enough.