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

[TheSouthendUnitedRunner]

One minute the deal is done, then delays. I’ve lost count of the can kicking exercises this year.
Perhaps all this protracted sale of the club hasn’t affected you much BW. But there’s many posters on here that have been affected, it’s been pure torture for some of us.
As I previously said I do expect the sale to go through soon.

I just don’t understand how this is the worst it’s been, in your eyes, when a deal has been agreed, with lawyers checking all the details and signing off on it, and various ITK are stating it’s a done deal.

Yet, we’ve had court cases marked “final”, we’ve had a judge said they’d have wound us up if it wasn’t for the fans, we were minutes away from being booted out of the NL last summer (only kept in by filing our accounts with minutes to spare). We stopped pre-season last time around due to unpaid wages, stage of the training ground, water cut off etc. we’ve had 1/2 subs on numerous occasions.

In my eyes, this bit is a walk in the park compared to some of those days.

 

[meerkat54]

You think the last 10 days has been the most difficult, really?

This is probably the most calm it’s been.

We’ve got the embargo lifted, not had to pay the bond to the national league, will have our fixtures in 45 minutes and brought in two of our top summer transfer targets.

I’d suggest we’ve had a lot worse times than these last 10 days.

I’d listen to the likes of @Medway Blue and @Tribal Chief with news on this.

Gear yourself up for the England game tonight, and if you are into it, watch a bit of Jimmy Anderson’s last test match for England rather than constantly refreshing ShrimperZone & Twitter.

Yes the footy would be nice, but I’m In work unfortunately

 

[defender05]

For those who are still concerned it may collapse... please ask why COSU would commit to new players, wages, whatever guarantee they have had to give the NL and everything else they are doing and have done if they had ANY DOUBT AT ALL that it would not collapse.

For us supporters who have no inside knowledge, it is a painful waiting process, granted. But when we had thought it had been done before, there were plenty of ITK's giving us cause for doubt and concern that the club might fold. COSU were asking us not to protest; Phoenix club plans were being discussed. MP's and local councillors were involved, SZ was being updated and things were changing by the hour.

Nothing like that is happening now. I would think COSU more than anyone are itching for this to be as done as it can be so it can be formally announced and the season ticket sales launched.

No-one is panicking apart from nervous supporters.

The time to worry is when COSU and the ITK's start to worry.

In the meantime, let's relax and enjoy the Euros.

Let's not forget they did this last season as the deal was as good as done.

People will worry because while the deal may be all agreed but until it is back from the lawyers and signed off it can still collapse and let's not forget who they are dealing with.

 

[Holy Joe]

For those who are still concerned it may collapse... please ask why COSU would commit to new players, wages, whatever guarantee they have had to give the NL and everything else they are doing and have done if they had ANY DOUBT AT ALL that it would not collapse.

I'll answer as I think there is a logical reason to sign players even if you're not 100% sure you'll own the club - NB it's not what I think they're doing.


Firstly COSU aren't committing to new players, wages etc - the club is. If they don't own the club when the next wages are due - they could choose to walk away then.

Secondly - if they do acquire the club they want it in as a 'good/current' condition as possible on the playing side as if we're much further behind other clubs could easily dent any promotion chances - so get players in now, if acquire club brilliant, if not then it's not COSU problem.

So to sum up, very low (financial) risk to assure the asset you want to buy is in as good a position on the pitch as possible.

 

[Stan33]

https://twitter.com/x/status/1811013314719162862

Surprise ,surprise !

 

[TheSouthendUnitedRunner]

https://twitter.com/x/status/1811013314719162862

That’s what so many of us have been saying for weeks and weeks.

 

[Banksy]

Surprise ,surprise !

 

[Tommy2holes]

I fully understand not putting season cards on sale until it's complete but with record sales predicted, it's going to be very difficult to actually get cards processed in time for York.

 

[Stuart W]

I fully understand not putting season cards on sale until it's complete but with record sales predicted, it's going to be very difficult to actually get cards processed in time for York.

Presumably there will be no need to reissue season cards for current ST holders? That might speed up the process

 

[Shrimper]

Presumably there will be no need to reissue season cards for current ST holders? That might speed up the process

Think we've had new cards every year?

 

[Avl1983]

You can currently get a ticket via email for home games, they may choose to issue one for a game or two while they get things sorted, I don't see it being a major issue but it is definitely important to get Ron out of the club first. It'll be fine.

 

[It'sGrimUpNorth]

That is very positive. They can't leave it any longer really for logistical reasons. Announcement wont be far away now....

This feels like I’m stuck in a constant loop.

 

[Stuart W]

Think we've had new cards every year?

Not true

 

[Boreham Blue]

I assume that a large element will choose the phone download and so a physical card won’t be needed for everyone

 

[MilkeySUFC]

Okay I’m 55 today. Could the never ending saga finally conclude on my birthday? Would be the best pressie ever. Even better than that Atari VCS I got as a kid. C’mon COSU!! Make it happen…..

Happy Birthday.

A fine day to be 55 years old, if I do say so myself.

 

[Smiffy]

I fully understand not putting season cards on sale until it's complete but with record sales predicted, it's going to be very difficult to actually get cards processed in time for York.

What's new?

It's been like that for the last 20 years.

It wouldn't be SUFC if your card failed to arrive, or not work at the turnstile first game.

We will all miss these little irritations, once we are a properly functioning club. Won't we?

 

[damien]

Also don’t forget that if something had gone wrong I’m sure we would know about it from the proper ITK cru 1-2 pretty quickly.

Come on England

 

[South Bank Hank]

Don't know why the club didn't do an option to hold your current seat for £1 a while a go. This would have put a few people as ease that they won't lose there current seat.

Nothing changed. Your current seat is being held right now for £0. How do you lose your current seat when they’re not currently for sale? When they do, the assumption will be that’ll you have a certain window to complete your purchase whether you paid a mythical £1 or you didn’t.

Nothing to worry about here.

 

[united we stand]

Season tickets don’t ‘have’ to go on sale before season starts.

Obviously not ideal but you could issue them at a later date and have a process where the price of tickets bought to date is subtracted from the season ticket price so no one looses out.

Worst case someone buys ‘ your seat’ for the first couple of games

 

[tommy tucker]

k so how much longer is the fiaco going to continue Either the deal has been done or it has not .Which is it .