SUFC: The Future SUFC up for sale

[Hampshire Shrimp]

i am not suggesting anyone occupies Roots Hall (because I cannot man the barricades} but for how much longer we have the **** taken out of us ??

WHERE IS THE SEASON TICKET MONEY ????

the supporters could run the club - and the way its going will end up running the club -

You mean people purchased season tickets with all this going on
I thought the message was to hold back, knowing how many were owed money?

 

[Thundersley Blue]

So am I going to Billericay on Saturday and if I am do I need to take my Boots?

Tells us nothing!

Well the Billericay website states opposition for this Saturday to be confirmed.

 

[Shrimper]

The new bidders are going to be connected to Ron in some way

 

[GDM]

CLUB STATEMENT

At a hearing earlier today Southend United were given 42 days to settle the petition debt.

www.southendunited.co.uk

Probably the worst deal in the history or worst deals…no wonder there isn’t anyone buying.
For your £1 you get a £100k a month loss making business with no way to make it not a loss making business.
For your £1 you have to take on £4M? In debt and find a way to pay that back.
For your £1 you get to play in one of the worst and dilapidated stadiums in the country
For your £1, while you get said **** stadium rent free for 3 years, if you magically get promoted you have to pay for it.
For your £1 after 3 years you have to pay rent on a stadium that will undoubtedly in a worst state that it was 3 years earlier.

**** me!!!

 

[CRATE]

The new bidders are going to be connected to Ron in some way

There is no new bidders. We sell to Kimura or we're in trouble!

 

[Fitz]

Isn’t this thread now a complete waste of time and the sales process largely irrelevant. The club is now in a position where I don’t see how we can fulfil our fixture obligations and surely the National League is going expel us from the league, I can only see it being a matter of time.

Would love to be proved wrong, but after over 35 years of following the Blues, 80 odd grounds, 700 odd games, I have now reached the point this is all getting too much and too sad and genuinely feel we all need to be put out of our misery and our life support machine switched off. Beyond depressing!

14 players, no medical team, no pre season, nobody is going to want to come, no friendlies, is the game on Saturday going ahead?

I have now reached the point of past caring and just want to be put out of this abject misery.

Just enjoying Wimbledon and the Ashes for now, welcome distraction

 

[LeedsSUFC]

Doesn't issuing figures breach the NDA?

The sale number for the club itself was always going to be £1.

The real negotiation is in the housing, which isn't mentioned at all.

 

[Smiffy]

If you haven’t read Matt Slater’s tweets this evening please do. Cuts through the bull**** and says it exactly as it is.

 

[Leeboy]

didn’t Ken Bates sell Chelsea or Leeds for a nominal £1 ?

 

[JD]

When he was looking for season ticket money?

That’ll be the fans fault then

 

[sufcfed]

Great video mate

What a vile vile vile block he is

 

[LeedsSUFC]

didn’t Ken Bates sell Chelsea or Leeds for a nominal £1 ?

From Google Bard:


Here is a list of football clubs that have been sold or bought for £1:

Chelsea (1982)
Portsmouth (1997)
Hull City (2010)
Swansea City (2001)
Wrexham (2011)
Notts County (2009)

Chelsea: Ken Bates bought Chelsea for £1 in 1982, but he also took on debts of £1.5 million. He eventually sold the club to Roman Abramovich in 2003 for £140 million.

Portsmouth: Terry Venables bought a controlling interest in Portsmouth for £1 in February 1997. He eventually sold the club to Milan Mandaric in 2003 for £50 million.

Hull City: Russell Bartlett sold Hull City for £1 in 2010. The club was eventually sold again in 2014 for £50 million.

Swansea City: Mike Lewis acquired a 99.15% share in Swansea City for £1 in 2001. He eventually sold the club to Huw Jenkins in 2005 for £20 million.

Wrexham: Wrexham FC fetched the same price 10 years later. The club was eventually sold again in 2021 for £2 million.

Notts County: England's oldest league club Notts County was purchased for £1 back in 2009 at a time when another former England boss, Sven Goran-Erikkson, was manager. But within just a year the then League 2 outfit were sold on again for the same amount.

 

[JAL]

He had you running mate!

 

[sufcfed]

There is no new bidders. We sell to Kimura or we're in trouble!

I do believe there are other bidders tbh

Sometimes he says “confidential”

Then he name drops kimura at times. It’s all odd

 

[THE SEVENTIES NORTH BANK]

I've not been your biggest supporter CRATE, but fair play to you mate.

 

[CRATE]

He had you running mate!

No other way I was getting to him. We got blocked on the stairs on the way out! Glad I did tho! Blokes a bellend!

 

[Boreham Shrimper]

I had to laugh when he struggled to open the door to the court building. He's been there enough times, surely the **** knows how to get in the building!

 

[Yorkshire Blue]

From Google Bard:


Here is a list of football clubs that have been sold or bought for £1:

Chelsea (1982)
Portsmouth (1997)
Hull City (2010)
Swansea City (2001)
Wrexham (2011)
Notts County (2009)

Chelsea: Ken Bates bought Chelsea for £1 in 1982, but he also took on debts of £1.5 million. He eventually sold the club to Roman Abramovich in 2003 for £140 million.

Portsmouth: Terry Venables bought a controlling interest in Portsmouth for £1 in February 1997. He eventually sold the club to Milan Mandaric in 2003 for £50 million.

Hull City: Russell Bartlett sold Hull City for £1 in 2010. The club was eventually sold again in 2014 for £50 million.

Swansea City: Mike Lewis acquired a 99.15% share in Swansea City for £1 in 2001. He eventually sold the club to Huw Jenkins in 2005 for £20 million.

Wrexham: Wrexham FC fetched the same price 10 years later. The club was eventually sold again in 2021 for £2 million.

Notts County: England's oldest league club Notts County was purchased for £1 back in 2009 at a time when another former England boss, Sven Goran-Erikkson, was manager. But within just a year the then League 2 outfit were sold on again for the same amount.

Most distressed companies will be sold for a quid.

 

[Rayleigh boy]

Has the trust put its offer in ? GBP1.19p ...... and we will onboard enough partners to run a properly financed professional football club ..

we will create the appropriate corporate structures to create an attractive proposition for inward investors - including board level

hey ho - just a thought

 

[JAL]

Has the trust put its offer in ? GBP1.19p ...... and we will onboard enough partners to run a properly financed professional football club ..

we will create the appropriate corporate structures to create an attractive proposition for inward investors - including board level

hey ho - just a thought

The Trust will not have the kind of money need to run this club.