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SUFC: The Future The Takeover - Very very close.

Our hopes and visions for the rebirth of Southend United, plus any plans published by the consortium for discussion
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Liam AAS said:
There is now a whole different relationship established between The Martins & SCC, on which £20m is contingent.

Everyone will want to see everyone else's paperwork to ensure that, specifically, £20m is coming from somewhere. The council won't want it to be them, The Martins won't want it to be them, JR won't care as long as it's set in stone.

All the new paperwork will want checking by the consortium, even though they are a 3rd party, because there's £20m on the line
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I completely agree with you, but surely that's already pretty much done and in place you would assume? I thought that part was agreed a while ago.
 
Liam AAS said:
There is now a whole different relationship established between The Martins & SCC, on which £20m is contingent.

Everyone will want to see everyone else's paperwork to ensure that, specifically, £20m is coming from somewhere. The council won't want it to be them, The Martins won't want it to be them, JR won't care as long as it's set in stone.

All the new paperwork will want checking by the consortium, even though they are a 3rd party, because there's £20m on the line
Click to expand...
What a mess..well I guess as long as the embargo is lifted now for the sake of Kev and the players it matters not too much. This is the key to how all this is received. But the track record of the parties thus far is that it would take a month to change a light bulb..
 
Liam AAS said:
We are in wait and see mode. The deal is, effectively, done but there is LOTS of paperwork to check and double check. The consortium want the £20m airtight and The Martins want FF airtight.

The money is there to have the club functioning (on the field) as soon as the ink is dry.
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It’s a ****ing result that they have kept you close and in and around the deal for so long thanks for their input
 
Avl1983 said:
I completely agree with you, but surely that's already pretty much done and in place you would assume? I thought that part was agreed a while ago.
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The whole thing is very complicated. The council have to move slower than the other two parties. There is a lot of money at stake and an untrustworthy so-and-so at the middle of all of it.

Everyone will want to make sure that what they're agreeing to is what they want, legal and guaranteed by law.
 
Liam AAS said:
The whole thing is very complicated. The council have to move slower than the other two parties. There is a lot of money at stake and an untrustworthy so-and-so at the middle of all of it.

Everyone will want to make sure that what they're agreeing to is what they want, legal and guaranteed by law.
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It’s amazing if true that they have all only just realised this, given that just a short time ago “near future” completion dates were being given. Indicating it could be completed in days.

It’s like everything is a big surprise- rabbits and headlights come to mind. Hopefully not the case and if the embargo is not lifted completely unacceptable.
 
TJC said:
Bolton Wanderers had faced one of the longest periods under a transfer embargo. They encountered significant financial difficulties that led to a transfer embargo lasting for around two years, starting in 2015 and ending in 2017
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Although the EFL embargo as we know is less “draconian”..
 
kentblues said:
It’s amazing if true that they have all only just realised this, given that just a short time ago “near future” completion dates were being given. Indicating it could be completed in days.

It’s like everything is a big surprise- rabbits and headlights come to mind. Hopefully not the case and if the embargo is not lifted completely unacceptable.
Click to expand...
I don't mean to make it sound like there is a whole new round of DD to do. The deal has been agreed in principle for some time, as you've said.

Everyone will just want to read each others agreements before picking up their respective pens is all.

We are very close. Monday was massive, Ron has been completely cornered.
 
Liam AAS said:
I don't mean to make it sound like there is a whole new round of DD to do. The deal has been agreed in principle for some time, as you've said.

Everyone will just want to read each others agreements before picking up their respective pens is all.

We are very close. Monday was massive, Ron has been completely cornered.
Click to expand...
And that’s what he’ll hate the most. Joyous.
 
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