Breaking News When will the takeover go through? Council / Citizen Housing agree new Heads of Terms 26 June

[tommy tucker]

Normally late on a Friday Ron tries to renegotiate something that was agreed on Thursday.

It would not be ron uless he can make a drama out of a crisis That is Ron all over im afaid

 

[Tangled up in Blue]

Blues boss Maher relishing start of pre-season training

SOUTHEND United head coach Kevin Maher cannot wait to finally focus on football today.

www.echo-news.co.uk

Pre-season training starts today!

 

[kentblues]

It's slipping - wed afternoon it was expected on Friday.

Thing is this is just the original single interview we already knew about where he mentions by Monday now published as a news story. Same original source. So to coin a phrase nothing has changed at all. Surprised therefore the article generates any change of opinion in any direction..

 

[kentblues]

Now we all know Ron was never going to pay the 1 millon bond was he That was going to be down to COSU to pay it then

No-one will be paying it. It either goes away on takeover or gets appealed to buy some more time. I think the former (with fingers crossed)

 

[kentblues]

@CllrDanielCowan said it needed to be by Monday to avoid the sanctions (assuming COSU aren’t going to pay the bond)

Eaxctly. Nothing has changed and everything is a rehash of this original comment in an interview.

 

[annie1954]

What more talks less of the talking we need action Please sort this bloody mess out

Typical Ron we think we’re nearly there but the blues saga rolls on into another week with chairman Ron still holding the keys

 

[Che's Left Foot]

As others have alluded, it makes you wonder how much of this is about the business transaction itself, and how much it's about staying in the public eye.

No doubt Ratman and Jack are loving the attention. Once this is over they are yesterday's news.

 

[bazzashrimper]

As others have alluded, it makes you wonder how much of this is about the business transaction itself, and how much it's about staying in the public eye.

No doubt Ratman and Jack are loving the attention. Once this is over they are yesterday's news.

They will be in the public eye until the £20m is paid over to Cosu.

 

[Westcliff DGS]

They will be in the public eye until the £20m is paid over to Cosu.

Is the 20 million still in the deal, just curios as now they are decoupling the deal does that still form part of the deal. Not much is known about the new deal that I have seen

 

[Flinty]

Rolls Court March 15 2027 southend United football club v Citizen Housing ….you heard it hear first !!

 

[kentblues]

As others have alluded, it makes you wonder how much of this is about the business transaction itself, and how much it's about staying in the public eye.

No doubt Ratman and Jack are loving the attention. Once this is over they are yesterday's news.

I think they could always sell the club separately, from their side its less about the attention (= notoriety) and more about the leverage.

(the other side, of course, is at the same time a buyer would find the club on its own somewhat unattractive given the effective price due to clearing external creditors)

 

[AlfaShrimper]

I can't see why the consortium paid or settled the debts this week if Ron hadn't agreed to separate the deal. But the longer this goes on the more I'm starting to worry he has gone back on his word

 

[Jon h]

I can't see why the consortium paid or settled the debts this week if Ron hadn't agreed to separate the deal. But the longer this goes on the more I'm starting to worry he has gone back on his word

That’s my thoughts to why agree hots with the council if he wasn’t letting cosu takeover but then again this is Ron

 

[tommy tucker]

Ron would not know the truth if it hit him He has told so many lies the truth is beyond him And also his son as well

 

[tommy tucker]

So the head of the council said the take over should be on monday He really did not beleve this as Ron said so It must have been a lie as Rons lips were moving

 

[leeblue]

COSU will want cast iron legally binding contracts in place. Therein lies the problem for Ratty. He hates having to actually be held to anything. 100% sure he's currently trying to weasel something here or there.
NOTHING IS SURE AT THIS POINT.

 

[dusterman]

Excellent. Happy Friday.

 

[JB Shrimper]

As expected

 

[rowe23]

As expected

What’s as expected? Sorry maybe I have overlooked something or join conversation mid flow.

 

[Spaceman Spiff]

What’s as expected? Sorry maybe I have overlooked something or join conversation mid flow.

Ron and Jack being bellends, dragging things out forever in the hope of a few more pence for their grubby mitts. It must be frustrating the hell out of COSU.