SUFC: The Future SUFC up for sale

[BEERMONSTER]

I posted that Kimura had backed away and effectively were at he back door some weeks ago, but this was met by the seemingly ITKs firmly assuring the complete opposite and look where are we now. It may be they might still be re positioning as stated , given Rons latest plan, but I wont hold my breath

I think as you indicated sometime back Kimura as the Company have been pushed further and further away from a deal by RM twists and turns, but as individuals Simon and Kris still want to do something but would need to financially be part of a Consortium to achieve anything.

 

[Cricko]

The audited accounts for 1999 say otherwise:

View attachment 27489

That's why i asked and thank you.

 

[LeedsSUFC]

I honestly dont know why people are getting on Jack's case. I dont know the guy personally, but my initial observations are:

1. He's never claimed to be the saviour
2. He doesn't appear to have an an agenda
3. He's a conduit of information from the current interested consortium to minimse rumours.
4. He is not a spokesman, he just wants to stop the constant multiple rumours and is investigating what truly is happening.

I don’t want to knock his efforts because he is doing much more than most people and it could end up finding a decent buyer.. but…

To give out rumours like ‘there will be a statement in the next 48 hours’ and replying to posts with ‘Kimura are definitely in this still’ and then telling everyone ‘We got 9,500 on twitter spaces last night!! Tune into talksport at midday tomorrow!’

For it just to be the same **** that is posted on here (which is near to pointless rumours for weeks on end).

It just seems like endless drivel from someone trying to feed their self importance…

 

[LBBlue]

That's why i asked and thank you.

Deloitte & Touche were the auditors then.


A couple of other snippets from those accounts



Receipts from sale of tangible fixed assets:

 

[Silver]

Wrong quote and can't fully remove. <<<<Sorry. >>>>>>

TalkSport have just called me. The comment by Sam Mattaface at the end, relates to the conversations he has had with people who had meetings yesterday. Hope this helps!

Crate could I ask if you expected to speak on TalkSport today or did the original guest, somebody who was a potential buyer/ possible consortium member, needed more time and backed out so you went in their place?

 

[hlane17]

attached is the relevant page from the 97/98 accountsView attachment 27492

Thanks, actually didn't occur to me to check the accounts for any potential info.

So Roots Hall Limited paid c. £4m for the Hall back in 1999.

Here's the title plan attached for the land sold (EX121122)

I think it would be worth quite a lot more than Ron's quoted price in 2023.

 

[kentblues]

Not sure it helps going back as not sure it changes anything.

You had the share purchase that delivered a club with a load of debt. RH stadium had a big mortgage (Lloyds?). SEL bought ground from club for £4.5m so club could clear debts incl. Lloyds. You could say the cost of buying the club is just the cost of the shares and pretend taking on the debts doesn't count as cost.

That is no more valid then than it is now. Probably he can say he paid £4.5m for the stadium I'm afraid - just like now a buyer isn't buying the club for £1, they are buying the shares for £1 but paying off the debts is a real cost to, money they have to find as part of the purchase..

The facts are rarely on Ron's side, but here probably they are, so not a fruitful avenue as it will collide with reality.

 

[Whispering Bob]

The audited accounts for 1999 say otherwise:

Were they the last ones produced?

 

[barton west]

If an Australian sailor and his dog can survive 4 months adrift on the ocean, eating raw fish and drinking rain water, we can survive this… don’t give up, keep bailing!

To be fair, Australians and their dogs are used to eating not very good food

 

[tommy tucker]

Just one point I may make .I have seen something that said Bury was give ever chance to save themselves They was allowed to postpone there first 3 games to give them time to raise the funds SOif they do the same for us Its not over yet

 

[LennySUFC]

Just one point I may make .I have seen something that said Bury was give ever chance to save themselves They was allowed to postpone there first 3 games to give them time to raise the funds SOif they do the same for us Its not over yet

That was the EFL. The NL are known for being far more ruthless.

 

[Sparte]

To be fair, Australians and their dogs are used to eating not very good food

Another few weeks and he’d probably have eaten the dog!

 

[Leeboy]

anyone know where this '3.30pm meeting' is being held? Might go there and egg Ron's car, just for a laugh

 

[OldWilliam]

anyone know where this '3.30pm meeting' is being held? Might go there and egg Ron's car, just for a laugh

Ron won’t be there. This will be a meeting about the meeting

 

[CRATE]

I am so confused by the stance of some people. It was confirmed a statement would come out this morning, said statement took place. In the statement, KIMURA confirmed they're not out of a deal, but they want others support. They're is already a collaborative working style in place (which many on here can confirm) and KIMURA have simply informed the fans, they do not plan on buying the club single handedly but will look to, and are working hard, to work together with a group of people to do so. There will be so much to get behind, and there is still NO reason to NOT keep the faith, other than people coming up with nothing statements and comments about what is going on.

 

[Rayleigh boy]

I totally disagree. Business isn't all about revenue. If it was such a good proposition it would have been sold ages ago !

why did RM hold onto it so long ????

just maybe RM held onto it cos he could loot it for loads of quids every year .... and then tell the fans/mugs they owed him 24 million..

 

[Westcliff DGS]

I am so confused by the stance of some people. It was confirmed a statement would come out this morning, said statement took place. In the statement, KIMURA confirmed they're not out of a deal, but they want others support. They're is already a collaborative working style in place (which many on here can confirm) and KIMURA have simply informed the fans, they do not plan on buying the club single handedly but will look to, and are working hard, to work together with a group of people to do so. There will be so much to get behind, and there is still NO reason to keep the faith, other than people coming up with nothing statements and comments about what is going on.

I hope thats an mis type - there is still no reason to keep the faith? I am hoping you meant still no reason not to keep the faith

As in there is hope and have faith a take over will happen.

Time I s the issue, what is the NL deadline as we haven’t heard anything (not even a rumour) on that as yet

 

[RONMARTINOUT]

Guys I've been on holiday since last Wednesday just got home. The last I saw was we got the date adjourned by the judge. Can anyone summarise what has happened since upto today please, so much contrasting information on twitter and here I am losing my mind

 

[rootshall rambler]

I am fed up with "Spokesman for the fans" and ITK people who actually know very little.

Completely lowering the tone and the mood of Zoners.

I will, hopefully, wait for official news ---- before the club dies.

UTB

you have a point..........I've lost a lot of confidence in most of the so called "ITKs" on here. The vast majority of their insider knowledge................has come to nothing.

 

[CRATE]

rubbish .... we can run this club ..

SUFC is a perfectly sustainable professional football club.

It is also a good business proposition and generates good revenues.

The football club does not generate 'good revenues' or simply put we would not be in the position we're in now. Yes it generates turnover, but under the current structure there is no way someone without deep pockets and a plan to get us back into the EFL as fast as possible, could do anything to shorten the revenue shortfall gap.