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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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Listening to AF on BBC was just so sad and pathetic. Why should any public pot pay that 🐀’s bills. Unreal. Take some responsibility you ****.
 
shrimperjon said:
Just been on the phone to Jack @CRATE he certainly has had an interesting day. Not sure how much of what he told me he can share tonight but he might be able to share some. He has shown me proof of some of his communications also. There is some thing positive going on and he is hoping to have a football finance expert on the twitter chat tonight. Things appear to be moving forward but slowly.
Click to expand...
I’m not sure things could move any slower..
 
shrimperjon said:
Just been on the phone to Jack @CRATE he certainly has had an interesting day. Not sure how much of what he told me he can share tonight but he might be able to share some. He has shown me proof of some of his communications also. There is some thing positive going on and he is hoping to have a football finance expert on the twitter chat tonight. Things appear to be moving forward but slowly.
Click to expand...
Come on then @CRATE, what can you share with us tonight ?
 
shrimperjon said:
Just been on the phone to Jack @CRATE he certainly has had an interesting day. Not sure how much of what he told me he can share tonight but he might be able to share some. He has shown me proof of some of his communications also. There is some thing positive going on and he is hoping to have a football finance expert on the twitter chat tonight. Things appear to be moving forward but slowly.
Click to expand...
Hi shrimperjon, I am not on twitter but the session you had last night and the one tonight seems to bring out some usefull facts. Would it be possible for someone to post a summary on Shrimperzone after these Twitter sessions for those of us not on Twitter...many thanks
 
Having spoken to a chartered accountant with previous experience in running a football club as a fit and proper qualified owner and then a finance specialist in football.

They both say, it would be so much more beneficial for Southend United to go into administration under new ownership. It would yes cause a points deduction of course, but would also come with benefits for instance writing off a large sum of debt meaning initial investment is not wasted on historical debt.

THE ABOVE IS THE OPINION OF OTHERS, and I’m just sharing their expertise and experience.

KIMURA brought in top level, advisors and legals to deal with RM. The team have previously been involved Newcastle and PIF, Chelsea and Abramovich, United & Glaziers to name a few.

Reading between the lines, my understanding is RM has a buyer waiting in the wings (that is not KIMURA)… my understand is the new terms offered on the clubs website have up until now not been communicated with interested parties by RM except the website statement. Great negotiating skills pal!

I would however come back to this with, saying to my knowledge (as recent as phone calls this afternoon) people previously mentioned behind the KIMURA bid are very keen to get it done (I know there are contrary reports on here) but with the right assets and terms in place (standard for any purchase weather that’s sweets from a shop of a football club).

FACT James Dudridge is trying to leverage government relationships to help in the sale of Southend United. I think when this is all said and done, James will be very popular within the fan base (if it gets done I should say).

I understand we may see a public statement in the next day or so. Which could be positive of negative news. I don’t know what it is either way. I am 99% sure many will be able to add more to this tonight or tomorrow day time.

I don’t see any good or bad in SJ Instagram going private except for the fact posting Wallop and the SUFC badge when 10 pints deep has the feelings of thousands of fans ready to react. That said I’m told his a top bloke!
 
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CRATE said:
Having spoken to a chartered accountant with previous experience in running a football club as a fit and proper qualified owner and then a finance specialist in football.

They both say, it would be so much more beneficial for Southend United to go into administration under new ownership. It would yes cause a points deduction of course, but would also come with benefits for instance writing off a large sum of debt meaning initial investment is not wasted on historical debt.

THE ABOVE IS THE OPINION OF OTHERS, and I’m just sharing their expertise and experience.

KIMURA brought in top level, advisors and legals to deal with RM. The team have previously been involved Newcastle and PIF, Chelsea and Abramovich, United & Glaziers to name a few.

Reading between the lines, my understanding is RM has a buyer waiting in the wings (that is not KIMURA)… my understand is the new terms offered on the clubs website have up until now not been communicated with RM.

I would however come back to this with, saying to my knowledge (as recent as phone calls this afternoon) people previously mentioned behind the KIMURA bid are very keen to get it done (I know there are contrary reports on here) but with the right assets and terms in place (standard for any purchase weather that’s sweets from a shop of a football club).

FACT James Dudridge is trying to leverage government relationships to help in the sale of Southend United. I think when this is all said and done, James will be very popular within the fan base (if it gets done I should say).

I understand we may see a public statement in the next day or so. Which could be positive of negative news. I don’t know what it is either way. I am 99% sure many will be able to add more to this tonight or tomorrow day time.

I don’t see any good or bad in SJ Instagram going private except for the fact posting Wallop and the SUFC badge when 10 pints deep has the feelings of thousands of fans ready to react. That said I’m told his a top bloke!
Click to expand...
What time is the twitter space?
 
CRATE said:
Having spoken to a chartered accountant with previous experience in running a football club as a fit and proper qualified owner and then a finance specialist in football.

They both say, it would be so much more beneficial for Southend United to go into administration under new ownership. It would yes cause a points deduction of course, but would also come with benefits for instance writing off a large sum of debt meaning initial investment is not wasted on historical debt.

THE ABOVE IS THE OPINION OF OTHERS, and I’m just sharing their expertise and experience.

KIMURA brought in top level, advisors and legals to deal with RM. The team have previously been involved Newcastle and PIF, Chelsea and Abramovich, United & Glaziers to name a few.

Reading between the lines, my understanding is RM has a buyer waiting in the wings (that is not KIMURA)… my understand is the new terms offered on the clubs website have up until now not been communicated with RM.

I would however come back to this with, saying to my knowledge (as recent as phone calls this afternoon) people previously mentioned behind the KIMURA bid are very keen to get it done (I know there are contrary reports on here) but with the right assets and terms in place (standard for any purchase weather that’s sweets from a shop of a football club).

FACT James Dudridge is trying to leverage government relationships to help in the sale of Southend United. I think when this is all said and done, James will be very popular within the fan base (if it gets done I should say).

I understand we may see a public statement in the next day or so. Which could be positive of negative news. I don’t know what it is either way. I am 99% sure many will be able to add more to this tonight or tomorrow day time.

I don’t see any good or bad in SJ Instagram going private except for the fact posting Wallop and the SUFC badge when 10 pints deep has the feelings of thousands of fans ready to react. That said I’m told his a top bloke!
Click to expand...
You’re saying that Ron wasn’t aware of the terms in the club statement? Or is that a typo? I’ve heard different things than you have obviously about Kimura but I hope you are right and I’m wrong.
 
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