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SUFC: The Future SUFC up for sale

Our hopes and visions for the rebirth of Southend United, plus any plans published by the consortium for discussion
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Wingnut said:
Also I know lord football he's be knows s lot of people around the club unlike you
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I’m not sure where that has come from, I never said nor did I dispute that Lords sources weren’t accurate. All I was saying was that he said he felt more positive, which is great, all I’m asking is about what part.

It’s not bleeding competition of who knows how many people at the club. So take a little breather and chill out. This is the point of a forum, to discuss the different opinions and information that is available.

All I am asking for is a little sign of what exactly the positive news that Lord has suggested points to, sale of the club, wages paid, debts cleared. Doesn’t even have to be specific but a sign to suggest what it may be about. Positive news is very broad in its nature, of course good news and much needed. But some clarity or hints wouldn’t hurt.
 
rowe23 said:
All I am asking for is a little sign of what exactly the positive news that Lord has suggested points to, sale of the club, wages paid, debts cleared. Doesn’t even have to be specific but a sign to suggest what it may be about. Positive news is very broad in its nature, of course good news and much needed. But some clarity or hints wouldn’t hurt.
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What he is alluding to appears to be to do with the sale of the club and, more specifically, what has been holding it up.
 
BoyWonder2 said:
From what I gather, from a bit of digging around last night, one of the issues that have caused an impasse has been resolved. Big positive sign, however there are still hurdles to overcome, but things are moving in the right direction again.
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It’s more than we’ve had in the last few weeks something to cling on to before 12th July
 
BoyWonder2 said:
From what I gather, from a bit of digging around last night, one of the issues that have caused an impasse has been resolved. Big positive sign, however there are still hurdles to overcome, but things are moving in the right direction again.
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The biggest one overcome at least do we think?

Be impressed if they’ll ever get over RM being a massive ____.
 
Not only is there a lack of understanding of NDA on here but there also seems to be an assumption that DD is a simple process. Perhaps reading the below might help to relax some people

www.midstreet.com

What is Due Diligence in a Business Acquisition?

Are you unsure of what the term DD means in relation to selling your business? If you’re curious about what DD is and when it comes up when selling your business, we can help. We will cover how long it takes, what's included, and other details of the process.
www.midstreet.com www.midstreet.com
 
* ORM * said:
Not only is there a lack of understanding of NDA on here but there also seems to be an assumption that DD is a simple process. Perhaps reading the below might help to relax some people

www.midstreet.com

What is Due Diligence in a Business Acquisition?

Are you unsure of what the term DD means in relation to selling your business? If you’re curious about what DD is and when it comes up when selling your business, we can help. We will cover how long it takes, what's included, and other details of the process.
www.midstreet.com www.midstreet.com
Click to expand...
I think we’d be more relaxed if not for the impending deadline and embargo scuppering and casting a worrying shadow over our near future. If we had none of that the Zone would be a far quieter place.
 
So, it sounds like we are closer to realising a new chapter in SUFC history.
If rumours are correct, the process of DD has uncovered hidden debt which was talked about yesterday, you cannot make it up!? I hope that by the end of this takeover that ALL parties are paid up what they are rightfully owed, including the trust, also staff and players need to be applauded for their loyalty towards the club.
I like the news that they want Martin completely out of it, this is the only option to keep everybody happy and the lift the club and City will get from this news will be awesome.

Up The Blues
 
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