SUFC: The Future The Takeover - Very very close.

[kentblues]

If npower came to an agreement - I doubt it would've been to hold off until 'takeover complete' - it'd have a date on it - maybe we're passed that date?

They would then agree extension - zero chance of payment without the consortium in place and they would be kept updated.

Suspect these are different creditors not subject to prior agreements.

 

[Holy Joe]

They would then agree extension - zero chance of payment without the consortium in place and they would be kept updated.

Suspect these are different creditors not subject to prior agreements.

Is it possible we're accruing more debt, e.g. not paying enough for the elec that we've used past month or 2 and so they've had enough - at some point they've got to pull the plug. If we're keeping current and its historic debt I'd agree extend and pretend likely.

 

[Chrisb]

NPower? I’m sure that was subject to an agreement with club/consortium re how that would be paid post takeover?

Was the case brought by the water supplier adjourned - could it be that ?

 

[Bearded Shrimper]

Think I’ll have a meltdown if this thread changes to ‘Takeover; not this month but hopefully this year decade’

 

[Leeboy]

I drive past John Watson’s house every Sunday morning on the way to play football- maybe I’ll give him a knock tomorrow and ask how it’s going

 

[Cricko]

I drive past John Watson’s house every Sunday morning on the way to play football- maybe I’ll give him a knock tomorrow and ask how it’s going

Yeah he told me he saw some old bloke stalking him in Hawkwell.

 

[Hawkwell Blue]

Yeah he told me he saw some old bloke stalking him in Hawkwell.

That’s me actually.

 

[BEERMONSTER]

Was the case brought by the water supplier adjourned - could it be that ?

NP apparently and been adjourned as agreement in place with the Consortium, according to Echo

 

[Smiffy]

Why Southend United were listed to appear in court

SOUTHEND United were listed to appear in court on Tuesday – but it is understood the case has been adjourned by mutual agreement.

www.echo-news.co.uk

 

[Evening Echo]

SOUTHEND United were listed to appear in court on Tuesday – but it is understood the case has been adjourned by mutual agreement.

Read more on this story


Help with Echo links

 

[tommy tucker]

NP apparently and been adjourned as agreement in place with the Consortium, according to Echo

I guess if NP has agreed to hold fire until the takeover Then maybe it won't be much longer now Because the consortium or Tom on there behalf has got this agreement

 

[Morty01]

Why Southend United were listed to appear in court

SOUTHEND United were listed to appear in court on Tuesday – but it is understood the case has been adjourned by mutual agreement.

www.echo-news.co.uk

Clear, brief, and concise statement from the club.

 

[Yorkshire Blue]

After the EGM I recall this guy being identified , I think as Ben Jones, who was handling legal aspects for 'both' sides. Just wondering if anyone has any more info about him? ie is he just involved with the share issue or has a wider brief?

Simmons & Simmons

www.simmons-simmons.com

"Ben specialises in corporate restructuring and insolvency. His focus is on situations where businesses are distressed, providing strategic advice to boards and stakeholders."

Isn’t it this Ben Jones rather than the Simmons one?

 

[Bearded Shrimper]

that sounds promising in terms of the takeover, they aren't likely to agree to adjourn without very, very good reason

 

[tommy tucker]

With Justin coming back for the welstone game I guess he will be back a few days before that game .Then hopefully the takeover will go ahead before satadays game .

 

[Morty01]

Has to be between Tuesday and Saturday surely - Tuesday because of the courts and Saturday because of Justin's arrival

 

[tommy tucker]

Has to be between Tuesday and Saturday surely - Tuesday because of the courts and Saturday because of Justin's arrival

Well tuesday is a non started as it had been adjourned .BUT maybe in the country before sataday to meet up with yhe concortium members ready for the takeover .

 

[meerkat54]

Just need it done now. The new owners have had plenty of time to do all their homework.
Think if the is scheming another cunning plan to wrangle a few more sobs out of the deal, they just might walk.

 

[discord]

Just need it done now. The new owners have had plenty of time to do all their homework.
Think if the is scheming another cunning plan to wrangle a few more sobs out of the deal, they just might walk.

Been waiting for the RAT to call a press conference to say something like the last 1% was a hurdle neither side could agree on, so it's back to normal and how he did his best to accommodate their plans.
The hurdle being another unpaid bill he had stuffed down the back of his sofa

 

[Wickford Blue]

I would like to think that Martin will make sure it all goes through okay or else the council will suddenly have a change of heart re Houses at Fossets farm!
I think that the MP getting involved and increased pressure from the council will make sure this deal goes through!