SUFC: The Future SUFC up for sale

[Andy_S]

Oh dear ray winstone on talksport just now saying no truth in the rumours..”don’t believe everything you read in the papers” only club he will get is a golf club he said

That means absolutely zero as we already know that Winstone would be a very, very small cog in this. He’s never been “buying” the club.

 

[Shrimper]

Even if he was involved. If he's under NDA, he can't say

 

[fredheim_holm]

Even if he was involved. If he's under NDA, he can't say

Pretty odd to come out saying he’s not involved if he is, unless he was on the show for other reasons and was asked and decided to play it cool.

 

[Yer Blues]

Anyone got the clip of the show?

 

[tommy tucker]

The longer this drags on the more the rumours will spread like a wild fire .The only people who know what is going on is Ron his solicitors and the potental buters .Untill the news comes out that the club has been sold or not We all just have to wait for answers .

 

[Tommy2holes]

Anyone in the know, know if things are progressing smoothly?

That would probably stop a lot of the panicking.

 

[AlfaShrimper]

Just remember this... Before we all start panicking

 

[kentblues]

Worth remembering, it's not actually him who runs the company looking to take over the club

Quite he was never buying the club. That was Kimura. Did he say he's not involved at all (e,g. in any way including say re a documentary/media/PR) or just that he's not buying the club? I guess at some point the audio clip will get posted...

 

[Spaceman Spiff]

I understand there are conversations ongoing about the bid this week, but I don’t know how those are going.

I’d be really keen to hear the whole clip with Ray Winstone. If he was asked whether he is part of a takeover, then technically he isn’t as I understand it - he won’t hold shares - so there is no truth in his being part of the takeover.

If he was asked whether he is connected to / aware of a takeover then from what I understand he absolutely has played a crucial role, whether or not he will going forward.

 

[Andy_S]

I mean though if Winstone being involved means that Laura Woods might pop down to a game then fingers crossed he is telling fibs.

 

[kentblues]

Just remember this... Before we all start panicking

Quite. And what would "involved" actually mean if he were. I think he probably is "involved" in some way but not as a buyer. Was it ever actually suggested he was by anyone ITK? TBH so many things get picked up from different sources and are elevated to fact /near fact status with nothing but rumour to support them.

 

[shrimperjon]

Oh dear ray winstone on talksport just now saying no truth in the rumours..”don’t believe everything you read in the papers” only club he will get is a golf club he said

assume he has signed a NDA so cant say anything else anyway

 

[Paulie Walnuts]

He is never in a million years going to give anything away during the final stages (please god) of our clubs buyout.

If you really want to delve into his comments I would say the fact he didn't outright deny it should give us a clue.

 

[Bratislava Blue]

Pretty odd to come out saying he’s not involved if he is, unless he was on the show for other reasons and was asked and decided to play it cool.

He was on the show to talk about West Ham being in Europe. It was the a parting question at the end of the interview.

 

[Bratislava Blue]

Anyone got the clip of the show?

It was all about West Ham and David Moyes. Oh and the fact that he's on holiday next week. The clip isn't worth the making an effort to upload.

 

[Jai]

It is a bit quiet from the club and bidders, but that’s to be expected and could be a sign that a deal is close.

Most of the negativity is on here though and reflects people’s concerns and worries rather than any intel. I suspect it will continue in a similar way until some real news breaks.

Fingers crossed we may not have long to wait now.

I doubt we will be getting too many updates now. I think some on social media assumed the story breaking last week meant a deal was closer than it actually is. But it will be a frustrating couple of months while we wait for any deal to be completed. Hopefully Ron won't move the goalposts.

 

[basilrobbie]

What's to stop another wimbledon scenario? A move away with a franchise.

I very much doubt that the NL would sanction that without reference to the FA. And the FA got their fingers badly burned with Wimbledon.

Hopefully, in 12-15 months time your fans will have the legal power of veto over any such proposal anyway.

 

[Shrimper]

I doubt we will be getting too many updates now. I think some on social media assumed the story breaking last week meant a deal was closer than it actually is. But it will be a frustrating couple of months while we wait for any deal to be completed. Hopefully Ron won't move the goalposts.

If it takes months to complete the sale then there's a real risk of a relegation battle

 

[TrevorFitzpatrickHattrick]

It's incredibly tough for us supporters because of our emotional investment, but I really think people need to try and be realistic in their expectations over the progress of the sale and forthcoming (concrete) information over the next few weeks. If there's more than one interested party vying for the club/training ground/future stadium, Ron will be doing all he can to use competition as leverage. With multiple parties involved, the fact that it's a relatively complex transaction and the depth of DD that both parties will rightly need to undertake, this will take time.

As of now, I have prepared myself for our best out of contract players (and maybe even the three amigos) walking in the absence of an expedited resolution. I can also see next year initially being a struggle, with any thoughts of bettering last season evaporating as another rebuild takes place instead. However, if it means the club continues to exist, is transferred to the best new ownership and gives us all cause for hope and a platform to repair this great old club, so be it.

 

[kentblues]

It's incredibly tough for us supporters because of our emotional investment, but I really think people need to try and be realistic in their expectations over the progress of the sale and forthcoming (concrete) information over the next few weeks. If there's more than one interested party vying for the club/training ground/future stadium, Ron will be doing all he can to use competition as leverage. With multiple parties involved, the fact that it's a relatively complex transaction and the depth of DD that both parties will rightly need to undertake, this will take time.

As of now, I have prepared myself for our best out of contract players (and maybe even the three amigos) walking in the absence of an expedited resolution. I can also see next year initially being a struggle, with any thoughts of bettering last season evaporating as another rebuild takes place instead. However, if it means the club continues to exist, is transferred to best new ownership and gives us all cause for hope and a platform to repair this great old club, so be it.

All true except add to this is the fact that further delays may well see buyer(s) walk as well.

And I think the idea that there are three buyers all truly interested is somewhat "manufactured" shall we say. I think we under estimate the cost to, and disincentive for, a new buyer to write off next season before it starts, begin again and cover all the associated costs. If Ron can put in the money for wages to be paid then maybe it can be stretched out- if he can't then the situation will become unsustainable IMO. And writing off next season any buyer will, or should, see as an unnecessary and avoidable £2m cost. I would at best be looking to knock that off the purchase price.

We shall see..