When will the takeover go through? The Waiting Game...

[Dave Smiths Love Child]

You have to remember 7 k is top end, what happens when have mid table mediocrity and support drops, the revenue has to come via different streams, obviously a cup run or a decent transfer fee will help but that’s all ifs and buts
If it was that easy to make a profit running a football club we would have a queue of potential buyers .
Look at clubs like Salford, big names investing and still not much further up the ladder and be interested to see if breaking even

 

[wildheart]

A painful listen, but a must do

‘Ryan Reynolds never had to deal with this’: the slow death and (possible) rebirth of Southend United – podcast

In 20 years, this Essex club has tumbled down the leagues and seen its ground fall apart. Is a revival finally coming – or will hopes be dashed again? By Tim Burrows

www.theguardian.com

 

[dusterman]

A painful listen, but a must do

‘Ryan Reynolds never had to deal with this’: the slow death and (possible) rebirth of Southend United – podcast

In 20 years, this Essex club has tumbled down the leagues and seen its ground fall apart. Is a revival finally coming – or will hopes be dashed again? By Tim Burrows

www.theguardian.com

Martin’s a ****er everywhere he goes.

 

[Paulie Walnuts]

You have to remember 7 k is top end, what happens when have mid table mediocrity and support drops, the revenue has to come via different streams, obviously a cup run or a decent transfer fee will help but that’s all ifs and buts
If it was that easy to make a profit running a football club we would have a queue of potential buyers .
Look at clubs like Salford, big names investing and still not much further up the ladder and be interested to see if breaking even

My points were we have enough people going through the door each week, quality background staff and bundles of opportunity the rat missed/didn't care/have the money for to make it a profit running business.

 

[leeblue]

If Rat cant/won't give the necessary assurance to COSU, When they walk he will finally put us into administration.

 

[Booma]

A painful listen, but a must do

‘Ryan Reynolds never had to deal with this’: the slow death and (possible) rebirth of Southend United – podcast

In 20 years, this Essex club has tumbled down the leagues and seen its ground fall apart. Is a revival finally coming – or will hopes be dashed again? By Tim Burrows

www.theguardian.com

That’ll be a cheery podcast to listen to on the flight back from holiday

 

[dusterman]

That’ll be a cheery podcast to listen to on the flight back from holiday

It’s just the article read out but it does hit home more strongly I think.

 

[SeldomSeenShrimper]

A painful listen, but a must do

‘Ryan Reynolds never had to deal with this’: the slow death and (possible) rebirth of Southend United – podcast

In 20 years, this Essex club has tumbled down the leagues and seen its ground fall apart. Is a revival finally coming – or will hopes be dashed again? By Tim Burrows

www.theguardian.com

Good old "Kevin Mar"

 

[Supa Shrimpa]

Good old "Kevin Mar"

Johnny Marr's brother ? lol

 

[Barling Magna]

If Rat cant/won't give the necessary assurance to COSU, When they walk he will finally put us into administration.

That would be a better option than liquidation following the WUP. Administration would have to be entered before the WUP hearing.

 

[SeldomSeenShrimper]

Johnny Marr's brother ? lol

Lets hope the light doesn't go out

 

[Fairport]

A painful listen, but a must do

‘Ryan Reynolds never had to deal with this’: the slow death and (possible) rebirth of Southend United – podcast

In 20 years, this Essex club has tumbled down the leagues and seen its ground fall apart. Is a revival finally coming – or will hopes be dashed again? By Tim Burrows

www.theguardian.com

A mainly accurate analysis of the whole sad story. Listening to that reminded me that we will require a safety certificate for the new season, not a certainty y by any means.

 

[southendkid]

It seems a bit odd to me that COSU didn't get security for their loan, no wonder Ron's been happy to drag his heels. Was no security the only way Ron would agree to the sale?

 

[dannypav]

Lets hope the light doesn't go out

It never does.

 

[TUMBO]

If Rat cant/won't give the necessary assurance to COSU, When they walk he will finally put us into administration.

What happens once in administration? Ignoring the 10/15 point deduction, what happens then onwards?

 

[dusterman]

What happens once in administration? Ignoring the 10/15 point deduction, what happens then onwards?

Thought it was more like 20/25 points in NL?

 

[Liam AAS]

If the club goes into admin there is a 12pt deduction (I think) and the administrator comes in to run the club on Ron's half with a view to selling it on.

 

[Maldon Blues]

Torquay were deduced 10.

 

[Exiled Shrimper]

If the club goes into admin there is a 12pt deduction (I think) and the administrator comes in to run the club on Ron's half with a view to selling it on.

It’s a ten-point deduction for suffering an insolvency event (Rule 13 of the National League Rules), as imposed on Torquay United last season in National League South.

 

[dusterman]

So we got ten points for similar to an admin event? That’s pretty shocking really. I know we are immensely poorly ‘run’ but still.