• 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.

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

Forums New posts
Status
Not open for further replies.
dusterman said:
Somewhere for us to play 5 a side at least.
Click to expand...
Quite. The point is the best outcome for all is agreement. Ron is potless, borrowed up the hilt, interest charges on huge borrowing accruing, he cant afford a huge mess where it takes another 2-3 years to sort out.
 
kentblues said:
Quite. The point is the best outcome for all is agreement. Ron is potless, borrowed up the hilt, interest charges on huge borrowing accruing, he cant afford a huge mess where it takes another 2-3 years to sort out.
Click to expand...
Shame that his tiny little mind can’t admit that to himself. The man’s a moron and will always think he has the ascendancy.

Problem with common sense is it’s not all that common.
 
kentblues said:
Quite. The point is the best outcome for all is agreement. Ron is potless, borrowed up the hilt, interest charges on huge borrowing accruing, he cant afford a huge mess where it takes another 2-3 years to sort out.
Click to expand...
I think you are probably right. He has been able to borrow more and kick that can further, but it does feel like he is struggling to borrow now so perhaps he’s finally gonna have to pick the can up.
 
C'mon you Shrimpers said:
Do you know I've had enough about "transparency". God what a crap word. Maybe I'm too old. Do your negotiations. Get it sorted and announce it together. These statements are so open to interpretation that they have limited value. And no I don't trust any of them, Justin excluded of course.
Click to expand...
Transparency has clearly had its day!
 
A reminder of where we are and what we need to see happening this week, as a minimum:

For COSU to continue funding the Club and complete the takeover, including reaching payment agreements with the creditors on the winding up petition, we have communicated to the Council and the Martins that we require the following three things:

1. A revised set of terms for the property contract that all parties are committed to closing.

2. An updated scope and realistic timeline for the remaining council Those words are banned work.

3. An agreement with the Martins to provide security for the further funds COSU will need to inject prior to the takeover.

We see no reason why these criteria cannot be met next week (this week) if all parties act reasonably and with focus.

If we reach an agreement, COSU will work with creditors and the league to lift the embargo and release season tickets.
 
Status
Not open for further replies.

.



Club News
Fixtures and Results
League Table
SUFC Ticket Stats
Shrimpers Trust
SoccerBase
SUEPA (Ex Players)
Shrimperzone on Facebook
Shrimperzone on Twitter
Shrimperzone on Instagram
SUFC Exiles


ShrimperZone Sponsors

FFM MSPFX Foreign Exchange Services
Estuary MFF2
Zone Advertisers Zone Advertisers

ShrimperZone - SUFC Player Sponsorship

Southend United Away Travel


All At Sea Fanzine


Back
Top