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

[Holy Joe]

It will be hard to sell season tickets if Ron is still in charge hundreds of supporters will still not part with their money until he is history

So that'll be just a few thousand sold then.

 

[Tinks]

Let’s all hope for a Good Friday news day today

Personally - I am literally worn out by it all

 

[Yer Blues]

That's so strange. He has never mentioned it. He hasn't mentioned the esimated value of the charges, he hasn't mentioned the additional charges from CBRE on Thames Plaza ltd and other entities owned by Jack Martin and he certainly hasn't drafted a letter to go to Tim Perkin, CBRE's head of loan recovery.

I wonder if that is enough sarcasm now

Apologies. It was late and I didn't read your post as sarcasm. That's on me.

Still good to know the appropriate response from a trust representative was sarcasm in this instance.

 

[overseas shrimper]

Apologies. It was late and I didn't read your post as sarcasm. That's on me.

Still good to know the appropriate response from a trust representative was sarcasm in this instance.

Bit sarcastic.

 

[kentblues]

There seems some confusion about what was expected by the end of this week. It wasn’t just items 1 and 2. Significant positive results re 1 and 2 may allow a little leeway on 3 but what was said is below:

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 DD 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 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.

While the situation is outside of our control, COSU wants to assure Southend fans that we are doing as much as possible to prepare for the new season in parallel so that if the deal does complete, we will hit the ground running.

 

[AlfaShrimper]

We all know what's coming.. "the council and Ron haven't yet come to and agreement"

 

[SunSea&Shrimpers]

I wonder what will actually be in this Statement/Update from the council. Could be an interesting one especially if it’s a little bit positive.

 

[Yer Blues]

Bit sarcastic.

I'm not a representative of the shrimpers trust though.

 

[E for B and Billy Best]

Isn't he in Scotland?

No. He works down the chip shop.

 

[overseas shrimper]

We all know what's coming.. "the council and Ron haven't yet come to and agreement but we have made progress behind the scenes."

Corrected that for you.

 

[Billy Bests boot laces]

No. He works down the chip shop.

That's probably why my chips were ' all shook up' !!.

 

[Shrimper1985]

That's probably why my chips were ' all shook up' !!.

He aint nothing but a hound dog, frying all the time

 

[* ORM *]

He aint nothing but a hound dog, frying all the time

Uh huh ha

 

[Rattus Norvegicus]

Treat me nice, treat me good
Treat me like you really should
'Cause I'm not made of wood
And I don't have a wooden heart ..........

 

[Booma]

If we’re going down the Elvis route, we could do with a little less conversation, and a little more action from RM and the council.

I’ll get my coat

 

[TUMBO]

My pet mouse named Elvis died recently, he was caught in a trap.

 

[Firestorm]

If we’re going down the Elvis route, we could do with a little less conversation, and a little more action from RM and the council.

I’ll get my coat

I don't want to change the world I am just looking for a new chairman

 

[Strykr]

Yeah last week we were ****ed this week ok!!

Precisely why you cant really believe anything you read on here. Its up and down more times then a yoyo

 

[SunSea&Shrimpers]

6pm is my guess when the statement from SCC comes out. That way IF it is positive we can all have a nice relaxing weekend and start looking forward to going to that first game of the season. May I just add with the squad we have atm we’re HMS p**s the league anyway. Danny Waldron will be banging in goals for us 25+ imo.

 

[Shrimper]

6pm is my guess when the statement from SCC comes out. That way IF it is positive we can all have a nice relaxing weekend and start looking forward to going to that first game of the season. May I just add with the squad we have atm we’re HMS p**s the league anyway. Danny Waldron will be banging in goals for us 25+ imo.

I wouldn't be surprised if we don't hear anything until Monday