SUFC: The Future SUFC up for sale

[sufc4life21]

95% takeover will happen was quoted last week...... so in theory the takeover should be completed within couple of weeks! Has actual bid been made by kimura?

 

[fbm]

95% takeover will happen was quoted last week...... so in theory the takeover should be completed within couple of weeks! Has actual bid been made by kimura?

I very much doubt the missing 5% will be the price...

 

[tommy tucker]

As per normal it seems the fly in the ointment is one Ron martin .Is he trying to put any bidders off Uesing his delaying way of doing things .I for one do not Ron martin to stay in charge of oir club .Because it does not matter how much money he has or has not .With hin still in charge its only going to end in tears .

 

[sufc4life21]

I very much doubt the missing 5% will be the price...

I agree...... all I'm reading is there's interest and talks continue. I haven't read anywhere a bid has been made. Admittedly I'm not ITK.

 

[gpd]

I agree...... all I'm reading is there's interest and talks continue. I haven't read anywhere a bid has been made. Admittedly I'm not ITK.

I doubt the club would want to mislead a judge and from what we do know....
"Judge Sebastian Prentis, who considered Southend’s plight in the latest in a series of court hearings on Monday, said he has been told there is “genuine interest” from a potential buyer. He said the development is “significant and encouraging”.
The judge was given details of Southend’s financial position at an Insolvency and Companies Court hearing in London on Monday.
He said it is possible that the bankruptcy petition will be dismissed.

So we do know what a judge has said. I find this encouraging...but it isn't finished yet.

 

[sufc4life21]

I doubt the club would want to mislead a judge and from what we do know....
"Judge Sebastian Prentis, who considered Southend’s plight in the latest in a series of court hearings on Monday, said he has been told there is “genuine interest” from a potential buyer. He said the development is “significant and encouraging”.
The judge was given details of Southend’s financial position at an Insolvency and Companies Court hearing in London on Monday.
He said it is possible that the bankruptcy petition will be dismissed.

So we do know what a judge has said. I find this encouraging...but it isn't finished yet.

Yeah the does sound encouraging...... lets hope something happens soon! Can't be going into another season with uncertainty and frustration.

 

[Hadleigh-shrimper]

I agree...... all I'm reading is there's interest and talks continue. I haven't read anywhere a bid has been made. Admittedly I'm not ITK.

Yeah Matt slater even said a bid was made over a week ago now the lawyers are in it and DD

 

[Jasrod]

2 facts that I can see

Genuinely interested party

Or RM has funds to pay HMRC

to me looks like the former is In the lead

 

[fbm]

2 facts that I can see

Genuinely interested party

Or RM has funds to pay HMRC

to me looks like the former is In the lead

I think it's an "and" rather than an "or". Ron must show he can pay even if the sale doesn't progress.

 

[Benfleet A1]

'D Day' 6th June. I wonder.

 

[gpd]

'D Day' 6th June. I wonder.

That would be really symbolic, wouldn't it?

 

[Gt Yarmouth Shrimper]

As per normal it seems the fly in the ointment is one Ron martin .Is he trying to put any bidders off Uesing his delaying way of doing things .I for one do not Ron martin to stay in charge of oir club .Because it does not matter how much money he has or has not .With hin still in charge its only going to end in tears .

You seem obsessed with him , are you alright hun?

 

[RHB]

You seem obsessed with him , are you alright hun?

He's not German you know, time to move on?

 

[Murkey_Mouse]

2 facts that I can see

Genuinely interested party

Or RM has funds to pay HMRC

to me looks like the former is In the lead

If RM have the money, he would pay it by now.

 

[Che's Left Foot]

You seem obsessed with him , are you alright hun?

I get their point to be fair - Ron's ability to snatch defeat from the jaws of victory is unparalleled

 

[Booma]

If RM have the money, he would pay it by now.

If he’s got it he’ll pull his usual trick and pay at the last minute.

Or would he plead poverty and try to saddle the new owners with the debt instead?

 

[stewart]

He's a Germ an you know ,broke time to move on?

thought i would correct it for you ,!

 

[Barling Magna]

He's not German you know, time to move on?

By Jove Biggles, beware the Hun in the sun.

 

[Leeboy]

anything on Simon Jackson's Insta? As we know from last Thursday he likes to get excited

 

[Booma]

anything on Simon Jackson's Insta? As we know from last Thursday he likes to get excited

Nothing of note