SUFC: The Future SUFC up for sale

[Westcliff DGS]

Players won’t be paid

If they dont get paid i think we could be in trouble with the NL or FA or both as i thought there were rules about that

 

[Westcliff DGS]

I do feel if a sale isn't agreed/purchase agreed in the next two weeks then they will chuck us out

Sadly I have that feeling too.

Worth respect to the ITK’s i do only think there is one offer and the other 2 in the clubs statement are a smokescreen, I have no info just a gut feel.

Sadly I do not believe any statement RM makes, or those in his that are being paid by him, such as the agents for the sale or his solicitors etc, he is paying them so surely they will say what fits that mantra.

Those within the club will have info for sure, but is it what they know or what they have been told by RM or others. I am sure the loyalty is at its end but they still work and are hopeful of getting something so maybe the cant / wont say anything to rock that boat. Awful situation for those employees and I feel for them.

Let’s hope that there is some good news soon.

 

[Westcliff DGS]

I can see another sol Campbell type of team under Kev Maher if this sale don’t go through full of youth players and still under the embargo

I can see us not having a team if this sale doesnt go through

 

[Westcliff DGS]

But the debt is primarily to him. He knows he won't get back what he's put in, it's damage limitation as far as SUFC goes for him now. But he isn't wrong when he says he is selling an opportunity.

Hasnt he transferred 16 million of debt to the club? Thought Chris Philips reported that. If true 16 million is a lot of debt for a NL club i would think

 

[fbm]

Hasnt he transferred 16 million of debt to the club? Thought Chris Philips reported that. If true 16 million is a lot of debt for a NL club i would think

Yes, maybe... but isn't he the majority shareholder of SEL who is the majority shareholder of SUFC?

All roads lead to Ron...

 

[Westcliff DGS]

Yes, maybe... but isn't he the majority shareholder of SEL who is the majority shareholder of SUFC?

All roads lead to Ron...

Very true but the debt at Man Utd is basically the same but on a grander scale and that debt stays with the club to be cleared by perspective buyers if sold as a whole as I read it. So my assumption (and only an assumption) is that the same applies here

Found it strange that it was transferred given it hadn’t been before and it was done after the club was put up for sale, maybe even after the first tentative offer?

 

[Hadleigh-shrimper]

Heard today it’s not going well looking like will collapse can one of the more itk confirm if they have heard similar? I’d true think this could be the end

 

[Sunnyshrimper]

I fear we are very much in ‘hit’ or ‘bust’ territory now with the takeover, time running out and Ron’s 3 offers is 1 solid and 2 that have walked away from / never truly at the negotiation table

 

[Linda Loan Shark]

Heard today it’s not going well looking like will collapse can one of the more itk confirm if they have heard similar? I’d true think this could be the end

But we have three potential buyers. If one has gone we have two more

 

[Sunnyshrimper]

But we have three potential buyers. If one has gone we have two more

If there ever was a third, from those I’ve spoken to there have been two serious bids listened to in recent month. It is in Ron’s interest to create a perception there is more competition than there is in reality.

 

[Booma]

Heard today it’s not going well looking like will collapse can one of the more itk confirm if they have heard similar? I’d true think this could be the end

I hope your source is unreliable!

 

[kentblues]

Very true but the debt at Man Utd is basically the same but on a gander scale and that debt stays with the club to be cleared by perspective buyers if sold as a whole as I read it. So my assumption (and only an assumption) is that the same applies here

Found it strange that it was transferred given it hadn’t been before and it was done after the club was put up for sale, maybe even after the first tentative offer?

It wasn’t transferred. There was a question asked about this borne of either misinformation or misunderstanding. It was always there. He just registered floating charges in respect of the debt. Didn’t change the balance sheet.

 

[kentblues]

If they dont get paid i think we could be in trouble with the NL or FA or both as i thought there were rules about that

We were a month late previously and that didn’t result in any action. But if they aren’t paid on time again this month I don’t think there is any way he, or the club, could afford it to become a second month…

 

[Shrimper]

Heard today it’s not going well looking like will collapse can one of the more itk confirm if they have heard similar? I’d true think this could be the end

I choose to ignore this post

 

[Gt Yarmouth Shrimper]

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 .

No we won't. What we'll do is come on here, speculate like mad, moan at others who do not share our viewpoint and make the same brain numbing point time and time again in the hope that we ( and others) will believe it.
Next day, rinse and repeat!

 

[Shrimper]

Thing is, Ron needs to sell. So failing to sell is a dreadful outcome for him

 

[TUMBO]

Can't wait for this all to be over so I can scroll through over 200 pages of waffle and see who actually belongs at Fossetts Farm and who belongs at a Cuckoo Farm

 

[Westcliff DGS]

It wasn’t transferred. There was a question asked about this borne of either misinformation or misunderstanding. It was always there. He just registered floating charges in respect of the debt. Didn’t change the balance sheet.

So what CP reported was mis information then, thats where i got the info from

 

[Westcliff DGS]

We were a month late previously and that didn’t result in any action. But if they aren’t paid on time again this month I don’t think there is any way he, or the club, could afford it to become a second month…

So we’re Wigan the first time but on subsequent occasions they got punished i believed. I hope we dont, but things dont look good, with rumours of one of the alleged 3 (alleged in the clubs statement) walking away options are diminishing sadly and it is a worrying time

 

[Murkey_Mouse]

Heard today it’s not going well looking like will collapse can one of the more itk confirm if they have heard similar? I’d true think this could be the end

Prove it, if your “friend” is telling the truth or stirring the pot