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

[Tribal Chief]

Who needs to give way? I assume Ron, but is he asking for too much or COSU offering too little (in his mind)?

I assume Ron too. But I don’t know the details.

 

[Medway Blue]

I assume Ron too. But I don’t know the details.

"Lowball"

 

[tommy tucker]

Ron would always think someone is trying to shaft him .When we all know it's Ron's greed that is holding things up .

 

[davewebbsbrain]

Indeed he is. Probably a 14 year old Spam sperm fan.

Edited for accuracy

 

[tommy tucker]

Edited for accuracy

Something tells me that COSU can talk till the cows come home Rattie is not going to see that the deal offered is a good deal for both sides .

 

[Liam AAS]

I'm pretty sure Ron should expect a few emails this evening letting him know what happens if he doesn't let he club go.. as a fanbase anything we can do

If he puts the club into admin we have sourced legal support to pursue him through the appointed insolvency practitioner.

Insolvent Company Investigations: what we do

www.gov.uk

 

[kentblues]

Was Ron still funding the club, albeit insufficiently with the WUP? Players went unpaid after preseason didn't they? And i have a vague memory we were asked for a bond?

I don’t think we were asked for a bond? Yes, he had totally proved an inability to fund the club, pay the players, the staff, over the prior season- then produced accounts to demonstrate how much he would need for the following season, that he patently didn’t have, and actually then didn’t have.

Thing is I suspect the NL committee, comprising as it does our promotion revivals, want and wanted us sanctioned with points penalties to assist themselves, but not kick out the league because they want the money we bring through their turnstiles…

Which is why it would be madness to test them on this bond payment…

 

[Shrimper]

If he puts the club into admin we have sourced legal support to pursue him through the appointed insolvency practitioner.

Insolvent Company Investigations: what we do

www.gov.uk

Would he benefit from putting in admin?

 

[Chrisb]

If he puts the club into admin we have sourced legal support to pursue him through the appointed insolvency practitioner.

Insolvent Company Investigations: what we do

www.gov.uk

Do you think it is likely that he will do that ? Silly question I guess as we never know what he might do !

 

[Holy Joe]

I don’t think we were asked for a bond? Yes, he had totally proved an inability to fund the club, pay the players, the staff, over the prior season- then produced accounts to demonstrate how much he would need for the following season, that he patently didn’t have, and actually then didn’t have.

Thing is I suspect the NL committee, comprising as it does our promotion revivals, want and wanted us sanctioned with points penalties to assist themselves, but not kick out the league because they want the money we bring through their turnstiles…

Which is why it would be madness to test them on this bond payment…

Could well be right on the motivations of the committee.

I'd still maintain the difference is this year we've had a public statement from funders putting doubt on their commitment for the season ahead. Ron last season was still saying he'll get the cash from somewhere.

 

[SunSea&Shrimpers]

Can I just say, Lydia Hyde is a gem of a politician. She definitely knows where the back of the net is when it comes to putting pressure on.

 

[SunSea&Shrimpers]

Can I just say, Lydia Hyde is a gem of a politician. She definitely knows where the back of the net is when it comes to putting pressure on.

Back to the takeover fiasco, Monday can’t come soon enough and I hate Mondays.

 

[Booma]

"Lowball"

By who? I suspect it’s by RM

 

[WestyReturns]

The only way to deal with Ron is real consequences. COSU need to put a take it or leave it deal to him and walk out the room and every hour he takes the deal becomes less favourable to him financially ie he's time wasting at his own expense.

 

[Liam AAS]

Would he benefit from putting in admin?

If COSU walk, I don't see an alternative.

 

[Booma]

If COSU walk, I don't see an alternative.

Can you see that happening? I appreciate no one really knows other than the members of COSU

 

[discord]

Seems like the National League are trying to give themselves a pay day by hoping the bond is paid and is sitting in their account earning interest until the team go out of business or sold, the sort of thing that is right out of Sepp Blatter's book of getting back handers?

 

[danbowen]

Rather than speculating what is going to happen why dont we all just wait and see what happens over the weekend or Monday. The fact CP is taking his laptop on his fundraiser tomorrow suggests he thinks something could possibly happen and numerous others have said Monday. At this stage everything suggests it will be completed shortly plus I doubt admin is even an option when there is nothing for the administrators to work with if it does go tits up.

Enjoy the weekend before the boring England game brings you crashing back down to earth anyway

 

[SunSea&Shrimpers]

Rather than speculating what is going to happen why dont we all just wait and see what happens over the weekend or Monday. The fact CP is taking his laptop on his fundraiser tomorrow suggests he thinks something could possibly happen and numerous others have said Monday. At this stage everything suggests it will be completed shortly plus I doubt admin is even an option when there is nothing for the administrators to work with if it does go tits up.

Enjoy the weekend before the boring England game brings you crashing back down to earth anyway

0-0 100%

 

[tommy tucker]

Sadly im feeling very defated IVE had one heart break one week ago
And i hoped for some good news to lift my sprits only for them to be dash again The love of my family is = to the love of my club I lost the last member of my family I really need some good news to chear me up Mr Martin please dont take away my boy hood club