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

[Medway Blue]

Tomorrow after the fixtures or more likely Thursday or Friday ?

Probably the latter

 

[Cricko]

 

[kentblues]

God- this is progressing at a funereal pace- glacial in fact. I assume to the extent that the lack of urgency is on COSU side means they are extremely confident it will all close. But for the fans who are largely in the dark it is mental torture- which hopefully will illicit a hurry up…

 

[TJC]

Are we expecting just the club is transferred over and Roots Hall later still?
If the latter, I dread to think how long it will be before Roots Hall is owned by COSU (if ever!)

 

[Harry_Constable]

right whats happened since 8pm last night?

Will we be taken over tonight before fixture release day?

 

[Shrimper]

I think if we don't hear anything by Friday people are rightly going to be a little concerned and/or frustrated

 

[SUFCJK]

I think if we don't hear anything by Friday people are rightly going to be a little concerned and/or frustrated

Agreed, more frustrated than anything… it’ll be done but we have little time to the season starts and we need Season tickets etc

 

[Barry.C]

I think if we don't hear anything by Friday people are rightly going to be a little concerned and/or frustrated

Perhaps even a tad miffed ?

 

[WillMay333]

LondonShrimper tweeted last night that theres more good news to come, and he is probably the most reliable source, so I'm confident it'll be announced this week

 

[The Original Tribal Chief]

Nothing to be concerned about. You think COSU would be signing off on player acquisitions if they had any doubts?

 

[It'sGrimUpNorth]

Of course it matters, season tickets need to be on sale very soon for all to renew seats or make choices. There are numerous things that need urgently put in place before the season starts.

Time is running out fast.

Take a Valium dude.

 

[SeldomSeenShrimper]

Nothing to be concerned about. You think COSU would be signing off on player acquisitions if they had any doubts?

Well ... Actually, I think they would

For what they've already put in, Signing a couple of players is a drop in the ocean.

They are simply being proactive to give the club it's best chance of success on the pitch.

They are very much gambling still

 

[The Original Tribal Chief]

Well ... Actually, I think they would

For what they've already put in, Signing a couple of players is a drop in the ocean.

They are simply being proactive to give the club it's best chance of success on the pitch.

They are very much gambling still

I can assure you they are not gambling at this stage. If you don't believe me, ask the National League.

 

[ms brush]

Well ... Actually, I think they would

For what they've already put in, Signing a couple of players is a drop in the ocean.

They are simply being proactive to give the club it's best chance of success on the pitch.

They are very much gambling still

Agree. It is a risk, a calculated risk, but one they clearly feel is worth taking.
Our key way back to sustainability is on the pitch, so that is where they are investing first. Makes total sense to me - as a better team means better results. Better results means more people through the door and a better chance of promotion. More through the door = more money coming in!

 

[SHRIMPERPETER]

Agree. It is a risk, a calculated risk, but one they clearly feel is worth taking.
Our key way back to sustainability is on the pitch, so that is where they are investing first. Makes total sense to me - as a better team means better results. Better results means more people through the door and a better chance of promotion. More through the door = more money coming in!

I acknowledge the Tribal Chief

 

[Cricko]

I can assure you they are not gambling at this stage. If you don't believe me, ask the National League.

Hello National league
Yes how can i help you.
I have been told by this guy in the USA that Southend United are not gambling with their future at this stage.
What's his name.
Tribal Chief.
Nobody messes with the Chief.
Click.

 

[Holy Joe]

Nothing to be concerned about. You think COSU would be signing off on player acquisitions if they had any doubts?

I take your point, but there's little cash needed upfront for signings right? So let's say, hypothetically, deal falls apart next week, they probably haven't put any cash in for the new signings, or the cash amount will be low relative to what's already gone in. So relatively low risk, financially, to make some signings whilst awaiting deal signing.


On the national league lifting embargo - no idea, statement from the club appeared to imply it's been lifted because WUP been removed. Based on their requirements for £1m bond, it's not clear why it's no longer required. And there's been a lack of public statements from anyone on that

 

[The Original Tribal Chief]

LondonShrimper tweeted last night that theres more good news to come, and he is probably the most reliable source, so I'm confident it'll be announced this week

Respectfully, and I say this after talking to @LondonShrimper and burying the hatchet with him, I would say that he is the best source (along with @BoyWonder2 and @GBJ ) for transfer news and on the pitch happenings, and @Medway Blue is your man for off the pitch and takeover business. There's also another guy who's quite good but I forget his name.

 

[The Original Tribal Chief]

I take your point, but there's little cash needed upfront for signings right? So let's say, hypothetically, deal falls apart next week, they probably haven't put any cash in for the new signings, or the cash amount will be low relative to what's already gone in. So relatively low risk, financially, to make some signings whilst awaiting deal signing.


On the national league lifting embargo - no idea, statement from the club appeared to imply it's been lifted because WUP been removed. Based on their requirements for £1m bond, it's not clear why it's no longer required. And there's been a lack of public statements from anyone on that

You don't enter into binding two year contracts if you're worried that you won't own the club. The NL lifted the embargo because they were satisfied that the club was for all intents and purposes under new ownership.

 

[WillMay333]

Respectfully, and I say this after talking to @LondonShrimper and burying the hatchet with him, I would say that he is the best source (along with @BoyWonder2 and @GBJ ) for transfer news and on the pitch happenings, and @Medway Blue is your man for off the pitch and takeover business. There's also another guy who's quite good but I forget his name.

I hear you. Not been on the fourm for long so naturally I havent seen many posts from Medway Blue but am already noticing you guys are the go-to. Been on twitter for years so always followed LondonShrimper as he's almost always correct with what he tweets