• Welcome to the ShrimperZone forums.
    You are currently viewing our boards as a guest which only gives you limited access.

    Existing Users:.
    Please log-in using your existing username and password. If you have any problems, please see below.

    New Users:
    Join our free community now and gain access to post topics, communicate privately with other members, respond to polls, upload content and access many other special features. Registration is fast, simple and free. Click here to join.

    Fans from other clubs
    We welcome and appreciate supporters from other clubs who wish to engage in sensible discussion. Please feel free to join as above but understand that this is a moderated site and those who cannot play nicely will be quickly removed.

    Assistance Required
    For help with the registration process or accessing your account, please send a note using the Contact us link in the footer, please include your account name. We can then provide you with a new password and verification to get you on the site.

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
Status
Not open for further replies.
Just do the right thing and let the consortium buy your shares rather than give them away .what is your point I hope your dad is turning in his grace You are not working in his name
 
No judgement, no right or wrong stance from me on this, just a simple observation, would you really want to be, at this late stage, seen as being responsible for causing further delay or indeed possibly jeopardising the takeover? I thought it would be near on impossible for anyone to eclipse the 🐀 in the unpopularity stakes, but that might just make him a contender!
I think there is a wrong stance. He’s had 25 years to get the third of the shares that his Dad’s estate is supposedly owed. If he was that bothered about them he’d already have done something about it. Why try and ruin things now.
 
I think there is a wrong stance. He’s had 25 years to get the third of the shares that his Dad’s estate is supposedly owed. If he was that bothered about them he’d already have done something about it. Why try and ruin things now.
Don't disagree at all! My comments were more aimed at the potential damage his actions could bring as an outcome, but if you address the cause why on earth would you wait all these years? Maybe wants a moment in the limelight then plays the "for the sake of the Club I have decided not to pursue" Maybe another one with a touch of narcissistic nature!
 
Feels like the trust need to talk to him directly (if they’re not already). Maybe one of our new trust board members can update us? @hlane17 @Liam AAS
Pretty sure the Trust have already spoken to him in connection with this in the past.

Personally, I think it's just a bit of bluster but who knows? As has been said, if he'd wanted to do anything about this he's had plenty of time to do so.
 
If anyone can talk to either Justin or one of the consortium member who sits in the west As to has this stupid bloke delayed the agreement already set out .
 
So he wants to give his late fathers shares that Ron stole from him to the trust?

Surely the consortium will own those shares upon the takeover, so he may just need to agree that the consortium hand those shares over to the trust instead?

It seems he doesn’t want any of the money Ron owes on them?
 
So he wants to give his late fathers shares that Ron stole from him to the trust?

Surely the consortium will own those shares upon the takeover, so he may just need to agree that the consortium hand those shares over to the trust instead?

It seems he doesn’t want any of the money Ron owes on them?
Then what is it, exactly, that he does want? Notoriety on SZ?
 
Jobson jn you want to get at ron causing problems for the take over is not the way to go about it .All you will do is make problems Yoyu have had plenty of time before this take over But you decided to not chase your farthers shres untill now .If you was so keen to get these shares back why did you not take ron martin to court for them years ago For the sake of a few piddling amount of shares .Talk to the new owners when they are in power .
 
Then what is it, exactly, that he does want? Notoriety on SZ?
To get one over on Ron Martin, who he intensely dislikes.

On this occasion though, pursuing it would not be in anybody's best interests, especially if it involves an injunction on the sale. Deep down, I think he knows that and so is unlikely to do so.

I think the time has passed, anyway. Whatever the reason was for that final installment not being paid, it's been 25 years. A judge would rightly be asking why it's taken him this long to do anything about it and will likely see those shares as RM's by default due to the amount of money (leveraged debt) that he has put into the club since then.
 
Feels like the trust need to talk to him directly (if they’re not already). Maybe one of our new trust board members can update us? @hlane17 @Liam AAS
I've spoken to him on & off over the last 9 months. It's his belief that he is entitled to 1/3rd of the shares bought by Ron from Vic Jobson as it is alleged that Ron never paid the final installment when taking ownership of the club.

He says he wants to take hold of the shares and donate them to the Trust.

I don't know what legal advice he has been given (and what paperwork he has to support his claim) but our legal team (of 1 brilliant law partner specialising in M&As) has suggested that it's unlikely to be successful in court and that he/the Jobson estate *might* be able to pursue a debt claim.

All the relevant parties in the deal are aware of the situation and seem to be carrying on regardless.
 
I've spoken to him on & off over the last 9 months. It's his belief that he is entitled to 1/3rd of the shares bought by Ron from Vic Jobson as it is alleged that Ron never paid the final installment when taking ownership of the club.

He says he wants to take hold of the shares and donate them to the Trust.

I don't know what legal advice he has been given (and what paperwork he has to support his claim) but our legal team (of 1 brilliant law partner specialising in M&As) has suggested that it's unlikely to be successful in court and that he/the Jobson estate *might* be able to pursue a debt claim.

All the relevant parties in the deal are aware of the situation and seem to be carrying on regardless.
With how thorough the consortium are being, I did think that they would be fully aware of any mishaps and this is a rather large mishap. I totally get his stance and understand the ill feeling towards Ron (we can all empathise) but bringing down the potential sale is not going to help his dad's legacy, especially if his intention is to donate the shares to the trust anyway. That donation suggests he wants the best for the club, hindering the sale is most definitely not helping that cause. The best thing to do, and the biggest two fingers up to Ron, is to let the sale go through and let our club flourish without him.
 
As always, there is a balance between long-term & short-term gain.

The question in this instance is: will there be any gain at all?
 
Feels like the trust need to talk to him directly (if they’re not already). Maybe one of our new trust board members can update us? @hlane17 @Liam AAS
I'll add my piece on top of what @OldBlueLady @Liam AAS and @Medway Blue have said.

DISCLAIMER: what follows is my opinion only and not the official position of the Trust...

It is unlikely he would be able to pursue this in court. As said earlier in the thread, 25 years is a long time and the evidence may not be as clear anymore.

I also doubt any judge would be pleased to see something from 25 years ago come across his desk, especially since most courts are very busy nowadays with recent matters.

RJ is behaving very much like Ron Martin here, putting himself into a situation where nobody really wants him there, just to be relevant for a bit longer.

It may have been helpful about 10-15 years ago to get us a seat at the table, but it's of little help to the Trust now if he ruined the takeover.

My mind is focused upon holding new ownership to account on their promising talk of 'custodianship', which to me implies fans can have a real stake in the future of SUFC.
 
Status
Not open for further replies.
Back
Top