SUFC: The Future The Takeover - Very very close.

Ian Benjamin · Dec 1, 2023

We need reinforcements - please just get it done. Just imagine the relief and the joy when the announcement finally comes.

tommy tucker · Dec 1, 2023

stewart said:
JS apparently has paid half of the electric bill, its be stated RM said he is the new owner now so should pay half , what has been said in FB that a statement will be made prior to the match on Saturday. We live in hope .

ho is J S I KNOW OF A R who is taking over the club.

stewart · Dec 1, 2023

tommy tucker said:
ho is J S I KNOW OF A R who is taking over the club.

sorry should have said JR not JS .

THE SEVENTIES NORTH BANK · Dec 1, 2023

Just a bit more patience guys. The worst period is over. Apparently they are tying up loose ends, and mainly making sure as much as they can that nothing the Martin's have hidden or do in the future can come back to bite them or the club.

Medway Blue · Dec 1, 2023

THE SEVENTIES NORTH BANK said:
Just a bit more patience guys. The worst period is over. Apparently they are tying up loose ends, and mainly making sure as much as they can that nothing the Martin's have hidden or do in the future can come back to bite them or the club.

I am quietly confident, or as much as you can be when it comes to anything involving the Martins, that we are close. Can't put a timescale on it. One good sign is that wages were paid, which I don't think would have happened this month without a frank discussion and some assurances that it will be over the line shortly. Another good sign will be if JR is there tomorrow.

danbowen · Dec 1, 2023

it’s been so long I can’t even remember much about the last court case

ForeverBlue · Dec 1, 2023

Ron’s played yet another blinder.

He’s managed to get someone else to pay the wages every month, a large chunk of the tax bill and god knows what else, yet he still owns the club and lands.

He also doesn’t have the added worry of protests outside his house anymore every week. He must be rubbing his hands together right now.

He wouldn’t give a second thought to pulling the plug on the deal, blaming it on the other side and not paying a penny back to the consortium.

You won’t find a more ruthless and dishonest pair of men to do business with than Ron and Jack Martin!

As I said previously, I would be shocked if the sale was completed and FA approved before next year.

tommy tucker · Dec 1, 2023

It has been stated the rat man has said J R has paid half the bill to EDF .as he is the new owner Does justin know of this .Or is it more smoke and mirrors by Rat man to deflect the fans of his case . o nce again he has opened his mouth is it more lies .

gatecrasher · Dec 1, 2023

To be fair, as crippling to the playing side with the embargo is concerned, I'd rather them take the time to make sure the deal is done without any nasties in the background to crop up in the future.

We need a complete clean break from Ron and his rat meddling of the past, if it means we only have a bare 11 for a few more weeks then so be it. Its really about the future now and hopefully a bright new one. Completely get how everyone is frustrated, myself included because its an absolute miracle that Kev has managed to make us competitive with his hands tied, blindfolded and regularly winded by lycra rat.

E for B and Billy Best · Dec 1, 2023

Apparently, the £20m has led to some ratshyte family game playing; whether, it has been or can be resolved seems to revolve around ratshyte jr.

Tommy2holes · Dec 1, 2023

E for B and Billy Best said:
Apparently, the £20m has led to some ratshyte family game playing; whether, it has been or can be resolved seems to revolve around ratshyte jr.

Exactly this. With Jack Martin now the issue

tommy tucker · Dec 1, 2023

As i have been lead to beleve Justin has ment to have sayd the 20 millons is not an issue And what the hell is Rat jr getting his snottie nose pocked into all this .

Firestorm · Dec 1, 2023

tommy tucker said:
As i have been lead to beleve Justin has ment to have sayd the 20 millons is not an issue And what the hell is Rat jr getting his snottie nose pocked into all this .

Because he is the owner of the Roots Hall site (via Estuary Housng)

tommy tucker · Dec 1, 2023

iF rat jr has got involved Cant daddy speak for him self Od does he need the little boy to hold his hand Sad little man .

Medway Blue · Dec 1, 2023

Firestorm said:
Because he is the owner of the Roots Hall site (via Estuary Housng)

And he is a PSC of the companies (Thames Plaza being the main one) which will be paying the £20m.

BEERMONSTER · Dec 1, 2023

Cricko said:
The Rat pays sweet FA these days, but i am sure he has a say with his son's dealings . He may be hiding cloak and dagger behind the scences but he was the one to originally set up the deals with the Dellals and borrowed money on land at the time when he was a director of certain companies. Jack was hardly out of nappies then it was so long ago.
£39 mill of debt has taken years to rack up.

His name might be off the paperwork but have no doubt he still controls things. It isn't anybody else making statements.

As Cricko posted yesterday there is still only one King

controlling the mischief, ironic that this word is also used to describe a group of

x

don't you think? Yes the name might be off the paperwork but his

still all over it!

meerkat54 · Dec 1, 2023

ForeverBlue said:
Ron’s played yet another blinder.

He’s managed to get someone else to pay the wages every month, a large chunk of the tax bill and god knows what else, yet he still owns the club and lands.

He also doesn’t have the added worry of protests outside his house anymore every week. He must be rubbing his hands together right now.

He wouldn’t give a second thought to pulling the plug on the deal, blaming it on the other side and not paying a penny back to the consortium.

You won’t find a more ruthless and dishonest pair of men to do business with than Ron and Jack Martin!

As I said previously, I would be shocked if the sale was completed and FA approved before next year.

Fully agree, with the consortium having already kept the club afloat.
There is just no urgency on the

part to rush to part with the club. Although the buyers are trying to burrow through the

**** to identify any potential

nests.
I personally can’t see anything being concluded this year and there will be more money needed.
when will the consortium say enough is enough now.
I know they have already heavily invested in our club, but the time can’t be far away before they walk. And in all honesty who could blame them.

northlincsshrimper1 · Dec 1, 2023

I see that Scunthorpe United have now brought their ground from their previous owner. The company who have purchased Glanford Park, is a "non for profit" organisation. Why is everything connected with Southend such hard work? Yes I know, Martin, Martin and all shades of Martin!

GIBBO · Dec 1, 2023

northlincsshrimper1 said:
I see that Scunthorpe United have now brought their ground from their previous owner. The company who have purchased Glanford Park, is a "non for profit" organisation. Why is everything connected with Southend such hard work? Yes I know, Martin, Martin and all shades of Martin!

Answered your own question fella

Medway Blue · Dec 1, 2023

meerkat54 said:
There is just no urgency on the part to rush to part with the club.

This has always been the case. He's dragged his feet the whole way through. It was the first sign to me that he doesn't particularly want to sell, and likely wouldn't have done without his family and Jack's associated companies applying the pressure.

Second sign was use of the royal "we" when talking to shareholders at the EGM. "We're hoping to sign 3 players", "we're going to have a temporary fanzone at Roots Hall", etc. He believes that it's a partnership, despite the fact that he won't own SUFC anymore, and he honestly believes he's done us and the new owners a favour and "gifted" the club. Delusional. Almost like he's trying to convince himself that it's not really happening and that he hasn't lost.