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SUFC: The Future SUFC up for sale

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defender05 said:
We will have to wait and see won't we.

As it stands it looks like they will be borrowing the money to do anything and we have no idea if or when it would need to be repaid. That needs to be cleared up first.
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The club doesn’t need £100m pumped into it day 1. It’s small potatoes in comparison, but every penny is very much needed to revive the clubs balance sheet and give a platform for the future. I would bet they aren’t going to need to go outside their existing equity from shareholders in the first instance. What comes later, will remain to be seen, but given the groups transactional history (circa $20bn worth of deals funded), I’m glad to see them in contentention to become the new owners.
 
Awooga said:
The club doesn’t need £100m pumped into it day 1. It’s small potatoes in comparison, but every penny is very much needed to revive the clubs balance sheet and give a platform for the future. I would bet they aren’t going to need to go outside their existing equity from shareholders in the first instance. What comes later, will remain to be seen, but given the groups transactional history (circa $20bn worth of deals funded), I’m glad to see them in contentention to become the new owners.
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This week? next week? end of June? Whats your thoughts?
 
Medway Blue said:
Not directly I suppose, since he removed Martin Dawn as a person of significant control in RHL and SEL. Probably wouldn't be too far wide of the mark though to assume that those changes were made because he knew these problems lay ahead, and all four of these companies are still parts of the web of companies that he has woven the club into. If they go like MD (Leckhampton) did (which I was told was a trigger for him putting the club up for sale), then it will be further collapse of the house of cards and potentially even more of a sign that the end is nigh for him here. All about tightening that vice grip IMO.


This isn't small time Ron Martin trying to borrow a couple of million with his destroyed financial and business reputation and his fried credit lines. This is a company whose parent is a worldwide venture capitalist and private equity investment firm. They have access to funds and a reputation that the rat could only ever dream of. They invest in risky/depressed businesses with high growth potential and seem to be successful in achieving that growth and increasing value in businesses much more often than not.

I know we've been burned by Martin, but not every "borrowing" situation is equal and we shouldn't always wince at the mere mention of it just because Martin has shown that he can't do it properly.
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He should actually be in court for the attempted murder of a football club.
 
Medway Blue said:
Not directly I suppose, since he removed Martin Dawn as a person of significant control in RHL and SEL. Probably wouldn't be too far wide of the mark though to assume that those changes were made because he knew these problems lay ahead, and all four of these companies are still parts of the web of companies that he has woven the club into. If they go like MD (Leckhampton) did (which I was told was a trigger for him putting the club up for sale), then it will be further collapse of the house of cards and potentially even more of a sign that the end is nigh for him here. All about tightening that vice grip IMO.


This isn't small time Ron Martin trying to borrow a couple of million with his destroyed financial and business reputation and his fried credit lines. This is a company whose parent is a worldwide venture capitalist and private equity investment firm. They have access to funds and a reputation that the rat could only ever dream of. They invest in risky/depressed businesses with high growth potential and seem to be successful in achieving that growth and increasing value in businesses much more often than not.

I know we've been burned by Martin, but not every "borrowing" situation is equal and we shouldn't always wince at the mere mention of it just because Martin has shown that he can't do it properly.
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I understand that Mezcal are now the sole owner of SEL. Presumably as soon as the sale completes the funds will be offshore in the BVI rather than Benfleet Road?
 
Awooga said:
The club doesn’t need £100m pumped into it day 1. It’s small potatoes in comparison, but every penny is very much needed to revive the clubs balance sheet and give a platform for the future. I would bet they aren’t going to need to go outside their existing equity from shareholders in the first instance. What comes later, will remain to be seen, but given the groups transactional history (circa $20bn worth of deals funded), I’m glad to see them in contentention to become the new owners.
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They might have done before for large figures but the doesn't answer if we will have to pay the money back or not.
 
Tribal Chief said:
You've lost me there Tom.
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well as far as i read the sale was allmost complet .I know when i sold my house the contracts was going back and forth to both partys solisitors .Before the contacts were signed .Anew party tryed to up the offer .which i refused .I was only hoping the same did not happen to the sale of the club .
 
If ever there was a wolf in sheeps clothing Ron martin fits the bill .What all the fans want is to see the back of him .The sooner the better .
 
Cricko said:
**** knows what is going on atm...I think we can only believe it when we see it....Talk is cheap..let's see some action. All i am hearing is bravado and chatter.
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A little less conversation, a little more action, please
All this aggravation ain't satisfying me
A little more bite and a little less bark
A little less fight and a little more spark
Close your mouth and open up your heart Ron, and satisfy me.
 
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