SUFC: The Future SUFC up for sale

Barry.C · May 4, 2023

Just wondering what the Trusts position will be now, in terms of attempting some clarity about HMRC and our future?

Target man · May 4, 2023

Barry.C said:
Just wondering what the Trusts position will be now, in terms of attempting some clarity about HMRC and our future?

In the dark .....

Ricky Otto · May 4, 2023

Just watching the aftermath of the Napoli game tonight after they landed the scudetto and Aurelio De Laurentis, the napoli chairman gave an interview. He was speaking about the club when he took over in 2004, bankrupt and relegated to serie C. Now the champions of Italy where only 3 clubs have won the league in the previous 22 years. Big things can happen from dire circumstances, things can turn around. #UpTheShrimpers #ForzaNapoliSempre

fbm · May 4, 2023

Just a thought... is anyone actually surprised that a WUP was issued? I mean, it's not like it hasn't happened before, is it?

Things do feel different this time however. Ron may be playing fast and loose again with HMRC and cobbling together as much money as he can to ensure that it's paid on or before May 17.

Or he may well be truly in the brown stuff and we have 2 weeks to live... I doubt it though. I think there will be enough to get us at least an adjournment (buys more time). But I am seriously worried that if a buyer doesn't materialise in a serious way before June then we are in deep do-do's.

Danshrimper · May 4, 2023

BluBayou said:
One of the three "opportunities" Ron is offering is a combined sale of the club and the FF stadium. Why is it considered feasible for a buyer to purchase the club and fund the building of FF stadium but considered impossible for a buyer to purchase the club and fund a new stadium at Roots Hall?.

Because a buyer would have to purchase the land at Roots Hall, which I’m assuming Ron would want a considerable amount for to make up for the loss of housing at Roots Hall and further delays to FF housing AND then spend £30 million knocking RH down and rebuilding it themselves.

What makes you think somebody with no connection to SUFC is going to come in and spend such a ridiculous amount of money when they are unlikely to ever recoup any of it?

Rayleigh boy · May 4, 2023

It is a great shame we dont have an active fans consortium up and running.....

with a fund of GBP 2 million we would have a chance of getting the club

danbowen · May 4, 2023

Rayleigh boy said:
It is a great shame we dont have an active fans consortium up and running.....

with a fund of GBP 2 million we would have a chance of getting the club

I think you could get the club for £1 however £2m ain’t gonna make a dent in clearing the debts required to be cleared and provide a solid foundation. Even once the club is purchased how do you fund it out of interest?

THE SEVENTIES NORTH BANK · May 4, 2023

danbowen said:
I think you could get the club for £1 however £2m ain’t gonna make a dent in clearing the debts required to be cleared and provide a solid foundation. Even once the club is purchased how do you fund it out of interest?

Yep. The debts, and then you have to find another million a year that it apparently loses.

Shrimper · May 4, 2023

Rayleigh boy said:
It is a great shame we dont have an active fans consortium up and running.....

with a fund of GBP 2 million we would have a chance of getting the club

And the other, possible, £38m ?

The Late One · May 4, 2023

THE SEVENTIES NORTH BANK said:
Yep. The debts, and then you have to find another million a year that it apparently loses.

Maybe the losses wouldn't be as high if we didn't keep going to court against the HMRC or changing stadium plans on a regular basis

Holy Joe · May 5, 2023

Rayleigh boy said:
It is a great shame we dont have an active fans consortium up and running.....

with a fund of GBP 2 million we would have a chance of getting the club

How do you know the Trust isn't one of the interested parties - NDA's and all that

superblue24 · May 5, 2023

Steve Nash net worth is 94 million. Why does that underwhelm me given how much investment is needed at SUFC…? How would this compare to other chairmen in the league (not including the 350 million of Ryan Reynolds and whatever McElheny is worth)?

Strykr · May 5, 2023

superblue24 said:
Steve Nash net worth is 94 million. Why does that underwhelm me given how much investment is needed at SUFC…? How would this compare to other chairmen in the league (not including the 350 million of Ryan Reynolds and whatever McElheny is worth)?

Says a lot about the state of the game when 94 million isnt enough to run a non league club

.

Smiffy · May 5, 2023

superblue24 said:
Steve Nash net worth is 94 million. Why does that underwhelm me given how much investment is needed at SUFC…? How would this compare to other chairmen in the league (not including the 350 million of Ryan Reynolds and whatever McElheny is worth)?

He is worth significantly more than what Google says.

Plus, his mates aren't short of a few quid. One being worth around £8 billion.

There would be zero issues financially if a Nash consortium were to takeover and the publicity and contact book he could provide would be off the scale. If he is even interested of course. I've heard from good people he is, but I've also heard he isn't. So who knows.

BALDY · May 5, 2023

superblue24 said:
Steve Nash net worth is 94 million. Why does that underwhelm me given how much investment is needed at SUFC…? How would this compare to other chairmen in the league (not including the 350 million of Ryan Reynolds and whatever McElheny is worth)?

At a guess how much would he need to invest in the club?

* ORM * · May 5, 2023

Find me another straw to clutch

Rayleigh boy · May 5, 2023

MattE said:
How do you know the Trust isn't one of the interested parties - NDA's and all that

it would be great if they were ... and of course vital that they were communicating with the supporters who would be funding it ..

5000x400 = 2 million

Rayleigh boy · May 5, 2023

Shrimper said:
And the other, possible, £38m ?

what for ?

RM fantasy debt ? or the fantasy stadium ?

You don't pay money for things that dont exist -

Tommy2holes · May 5, 2023

Smiffy said:
He is worth significantly more than what Google says.

Plus, his mates aren't short of a few quid. One being worth around £8 billion.

There would be zero issues financially if a Nash consortium were to takeover and the publicity and contact book he could provide would be off the scale. If he is even interested of course. I've heard from good people he is, but I've also heard he isn't. So who knows.

I've also heard that he is interested. The level of interest is unknown.

Rayleigh boy · May 5, 2023

superblue24 said:
Steve Nash net worth is 94 million. Why does that underwhelm me given how much investment is needed at SUFC…? How would this compare to other chairmen in the league (not including the 350 million of Ryan Reynolds and whatever McElheny is worth)?

with our crowds this club is completely sustainable -

(ffs - Dorking Wanderers are in this league !!!!!!!!!!!!!!!!)

our only problem has been having an owner leeching off us and mugging us off with fancy drawings and dreams ..

get rid of RM - stop the FF nonsense and we have a strong viable football club ...