SUFC: The Future SUFC up for sale

[edwardss2]

Has there been a whispers today....

Nearing midday

And no noise at all

So stressed out to the max It's unreal

I cycled past RH on my way home from work this morning at about 08.45, and there was a man in a suit, with a briefcase leaving RH.

Unfortunately I needed to go to bed because I am working again tonight so I have no idea who he was, or where he was going - but I am taking it as a good sign.

 

[palexander]

If PG have been paid I would imagine everyone else either has too or is just about to be, otherwise Ron is creating a preference. He can't favour one creditor over another at this stage.

Certainly not at HMRCs expense...

 

[West Stand]

On a technicality the Club/Company cannot be sold while it is under a Winding Up Petition (WUP). The WUP cannot be removed until the court case on Wednesday morning. So the Club cannot be sold before Wednesday - but all the paperwork can be in place.

What Is A Winding Up Petition By HMRC or Other Creditor

A winding up petition is a legal notice put forward to the court by a creditor. The creditor petitions to the court if they are owed more than £750 and it has not been paid for more than 21 days. The application, in effect, asks the court to liquidate the company as they believe the company is...

www.companyrescue.co.uk

"Once your company receives a petition you have fewer options available;

It is almost impossible to put the company into creditors voluntary liquidation.

• You CANNOT sell the company or the assets, as this sale may be reversed by the Court
• You cannot issue a Notice of Intention (NOI) to appoint an administrator
• You cannot issue new securities or charges
• You cannot put the company into pre-pack administration"

I have been thinking about this for a while and whilst we all make comment about RM selling the club I actually don’t think that is a true description of what’s going on here

The majority shareholder ( South Eastern Leisure) own 70.62% of the shares so what is being sold is SE Leisure’s shares not the company.

 

[Supershrimper]

I cycled past RH on my way home from work this morning at about 08.45, and there was a man in a suit, with a briefcase leaving RH.

Unfortunately I needed to go to bed because I am working again tonight so I have no idea who he was, or where he was going - but I am taking it as a good sign.

Surely he would have parked in the car park at Roots Hall or got a taxi right to the entrance to the stadium (not viewable from the road) rather than walk suited and booted holding a briefcase

 

[archibald]

Surely he would have parked in the car park at Roots Hall or got a taxi right to the entrance to the stadium (not viewable from the road) rather than walk suited and booted holding a briefcase

Walking to the Train Station or Ron charging to park at RH :D

 

[stewart]

I fully agree with you. Why is he doing this? I honestly don’t know, nothing Ron does is logical or makes sense. I’m just letting you know what I’ve been told.

Have a listen to the video from last night again. Ron said, “If Kimura or SOMEONE ELSE want to buy the club, they are welcome to it”

Why would he say someone else if a deal with Kimura was almost finalised?

If some fans don’t want to believe me, I’ll respect their opinion, that’s your choice, this is an open forum after all and we aren’t always going to agree and everyone is entitled to their own opinions, but I fully trust the person who told me this information.

Can you ask that person who the someone else is,im sure every supporter would love to know, After all everyone was told who the two parties were bidding for Man Utd, so why not the two parties bidding for SUFC ,

 

[FarmdogSUFC]

It will be as dry as the pond over at the training ground.

View attachment 27224

That’s one of the saddest photos I’ve ever seen

 

[Liam AAS]

I think we will seek a short adjournment tomorrow and it will hopefully be granted. We're probably in for another few weeks of this.

 

[SUFC2008]

All RM has to do is say ‘yes’ and it’s sorted. Think about that for a minute…

 

[Smiffy]

I think we will seek a short adjournment tomorrow and it will hopefully be granted. We're probably in for another few weeks of this.

Yep. As I said yesterday, we are probably going back into Sturrock territory, with Kev having to bolster a squad days before the season begins.

 

[dusterman]

I think we will seek a short adjournment tomorrow and it will hopefully be granted. We're probably in for another few weeks of this.

Ah man.

 

[SUFC2008]

how would you all react to an adjournment?

 

[dusterman]

how would you all react to an adjournment?

Cry.

 

[Avl1983]

Yep. As I said yesterday, we are probably going back into Sturrock territory, with Kev having to bolster a squad days before the season begins.

But hopefully this time at least he'll be gone

 

[Smiffy]

how would you all react to an adjournment?

It would be a ****ing disaster for next seasons prospects to be quite honest. But that's been the case for weeks now. Next season is gone, it's about staying up.

Would Bridge, Ralph etc hang around?

Embargo would remain. Staff would remain unpaid.

Would we even be able to play friendlies or train properly?

It would just prolong the agony and mess further for everyone.

But, if at the end of July it meant Ron was gone for good?....A few more weeks of torture to finally be rid of the ****?

 

[Shrimper]

I think we will seek a short adjournment tomorrow and it will hopefully be granted. We're probably in for another few weeks of this.

Relegation then

 

[Boreham Shrimper]

Yep. As I said yesterday, we are probably going back into Sturrock territory, with Kev having to bolster a squad days before the season begins.

That's where my money is going. I don't think Ron is committed to the Kimura bid so is probably holding out for the "third bid" (assuming they still exist, but several people seem to believe they do) and will test Kimura's resolve to walk away as they have said they would.

 

[Mad Cyril]

All RM has to do is say ‘yes’ and it’s sorted. Think about that for a minute…

He's not The Man From Del Monte.

 

[AlfaShrimper]

I cycled past RH on my way home from work this morning at about 08.45, and there was a man in a suit, with a briefcase leaving RH.

Unfortunately I needed to go to bed because I am working again tonight so I have no idea who he was, or where he was going - but I am taking it as a good sign.

THE WAR CHEST

 

[danbowen]

Every hour this goes on gets more painful and stressful. Are there any ITKs who can give us some insight around what is happening?