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

[AlfaShrimper]

Shock it's that **** family holding this all up.. (don't mention protests don't mention protests) the life of our club all gambled for his back pocket.

 

[londonblue]

I really hope the consortium stick to their guns and walk away if their demands aren't met. Then the council must also walk away.

 

[Cricko]

The below are made up numbers so forgive my ignorance, as a non SUFC fan I don’t know all the exact figures. But is there a chance that Ron Martin has the scenario of he has £20million debts and a known outlay of £20million to COSU plus say £30million build costs at FF

The housing mix he wants returns £100million so is in pocket nicely.
However the red line housing mix SCC want and the revised lease terms etc only return him £60million so he would be out of pocket and therefore literally unable to accept the revised terms.

The above question makes sense in my head lol, apologies if it’s gobbledygook to everyone else

The Rat owes 45 mill, he will never build FF, it's his son's project.. The 20 mill will only come back in stages when building FF.

The man is 1000000% bankrupt but on paper he is maneuvering debts and land value/planning permission between companies to try to show a balance.

This is a house of Cards!

 

[sufcfed]

The Rat owes 45 mill, he will never build FF, it's his son's project.. The 20 mill will only come back in stages when building FF.

The man is 1000000% bankrupt but on paper he is maneuvering debts and land value/planning permission between companies to try to show a balance.

This is a house of Cards!

So good at ''business'' he has debts like that christ almighty

 

[Cricko]

So good at ''business'' he has debts like that christ almighty

All borrowed against assets that were once the clubs.

 

[Jon h]

 

[Jon h]

Ron’s dicking about what a ****

 

[AlfaShrimper]

Should be ****ing massive riots at this ****s house. Makes my ****ing blood boil

 

[Che's Left Foot]

Is anyone * really * surprised?

Brinkmanship is all he knows. It's all he's ever known.

 

[rayleighblue22]

Shocked?? Not at all !!! we all knew it would be like this when the deadlines/red lines were alluded to by Cllr Cowan last week.
This is the Martins we are dealing with here, experience tells us what they are and what they are capable of.
At this point its obvious that after agreeing to terms the Martins have backtracked .
COSU now have to call his bluff along with the council too.
In the end its gotta come down to an ultimatum by the Council/COSU "this is the deal Ron either take it or kiss the whole development goodbye (and in the councils case mean it), the time for negotiation is well overdue.

 

[Cricko]

Shocked?? Not at all !!! we all knew it would be like this when the deadlines/red lines were alluded to by Cllr Cowan last week.
This is the Martins we are dealing with here, experience tells us what they are and what they are capable of.
At this point its obvious that after agreeing to terms the Martins have backtracked .
COSU now have to call his bluff along with the council too.
In the end its gotta come down to an ultimatum by the Council/COSU "this is the deal Ron either take it or kiss the whole development goodbye (and in the councils case mean it), the time for negotiation is well overdue.

I really don't understand that the ultimatum was put down by the council a week ago and we now seem to be back in negotiations.

Take it or leave it Rat and **** off,

 

[Leeboy]

Live footage from SCC as Ron holds his ground

 

[rayleighblue22]

Criko, your right cant disgree, its ok issuing ultimatums but youve gotta have the balls to back them up , thats the point i was trying to get across , if you dont then an ultimatum isnt an ultimatum. Thats what COSU and SCC have to do now show some balls!!!

 

[tommy tucker]

So what happened to the agreement between citizens housing and the council then Let me guess the **** Rat happened

 

[Colblue]

If he doesn’t take it today and SCC and COSU both walk away then not only he is left with land that now won’t get PP for years assuming he finds another partner to lease the houses, he will also have a months salaries to find next week and 500k for the WUP.

Surely he has no option but to buckle and sign today

 

[Smiffy]

Ultimatums are pointless if they are not adhered to. As scary as it may be, if the terms that SCC set out have not been agreed by Citizen, then they and COSU should have the balls to walk. If they don’t, Rat and Jr win again and this merry go round of **** taking continues.

Enough now. It must end.

 

[THE SEVENTIES NORTH BANK]

The signs have been there for over a decade. I called him out on his asset stripping of the club, the setting up of shell companies, the changing ownership of things to members of his family, and of course the continual non payment to all sorts of people and firms that supplied a service. His lies, false promises and deflections. Even at this late stage, no one will be surprised if he Fs this up by demanding more from the deal than they can give him.

 

[Cricko]

If he doesn’t take it today and SCC and COSU both walk away then not only he is left with land that now won’t get PP for years assuming he finds another partner to lease the houses, he will also have a months salaries to find next week and 500k for the WUP.

Surely he has no option but to buckle and sign today

If that were to happen he would never pay it, We would fold.

 

[Paulie Walnuts]

I hope they just close their suitcases and tell him he has until 6pm to agree or there is no deal whatsoever.

Let's hope they also do it Walter Sobchak in the Big Lebowski film when he resorts to plan B (but around the rats head).

 

[Shrimper]

As much as it might pain us, COSU have to stick to the Ultimatum