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

[blues exile]

Come on, keep the post to updating about take over by COSU only

Quite right If this thread was comprised of hard facts about the takeover it would not amount to 76 posts still
less 7600!

 

[JD]

The current owner can’t fund the season as he has clearly stated that without a new buyer in weeks the club will go into administration. That speaks for itself. The gymnastics the league go through regarding when to apply their tests or not, or when to request bonds, or not is entirely unclear.

Expect an NL announcement with days then.
“New owner in place that we are happy with, or funding evidence from current owner, or bond ……please.”

 

[Maldon Blues]

I must say, this whole narrative that the NL is out to get us is farcical.

There is a fair argument that if any authority outside of the current ownership is to blame, it's the EFL for allowing us to operate in the manner we have for so long.

 

[tommy tucker]

How long does the checks take Rattie does not have the fundsto run the club .But our new owners do Surly that all they need to know

 

[Callumturner22]

Any chance of tomorrow?

 

[BoyWonder2]

There is a fair argument that if any authority outside of the current ownership is to blame, it's the EFL for allowing us to operate in the manner we have for so long.

No, the current ownership (not for much longer) are 100% to blame. Not the EFL, not the NL, not Stan, Tom Lawrence, Crate, ITKs, Wolfy (actually he is part of the problem), the council and anyone else who has been blamed…

 

[kentblues]

Expect an NL announcement with days then.
“New owner in place that we are happy with, or funding evidence from current owner, or bond ……please.”

All we know is that Woking's accounts are up to date and posted in Feb this year
They would be a red flag if reviewed by anyone competent and supplying accounts to the league is apparently a requirement
Beyond that we know nothing and as I say the process is entirely opaque.
Impossible to expect or not expect anything on that basis. Hence, we may as well move on.

 

[BoyWonder2]

I get, and agree with, all that. In fact I've argued the same. But why is a fit and proper persons test taking so long? I'm sure if they really wanted they could do it quicker.

All I know is it’s with the NL for final ratification. I was under the impression the fit and proper purpose tests had already been done, but can’t definitely confirm that.

It’s only been with the NL for the last few days I believe…

 

[Shrimper]

Any chance of tomorrow?

Would guess it'll drag to next week now. Don't see why the fans can't be updated though

 

[Callumturner22]

Would guess it'll drag to next week now. Don't see why the fans can't be updated though

Would be nice for update once in a while that for sure

 

[Maldon Blues]

No, the current ownership (not for much longer) are 100% to blame. Not the EFL, not the NL, not Stan, Tom Lawrence, Crate, ITKs, Wolfy (actually he is part of the problem), the council and anyone else who has been blamed…

There's no doubt a league with far more scrutiny on its clubs and regulations has come as something of a surprise to the current ownership.

 

[Jack_23]

Would be nice for update once in a while that for sure

If it’s as close as ITK’s are saying and it could be any day now then there’s no point of COSU to give an update until it’s finalised

 

[Cricko]

Would be nice for update once in a while that for sure

There have been updates from several people @Medway Blue is the closest person to all that is happening and he has kept us all up to date. There is very little point anything else coming from the club as all it would say is "things are on track and we are awaiting confirmations"

They have already made the decision that they no longer wish to make any more statements until the deal is 100% done because there have been to many false dawns before.

 

[Shrimper]

There have been updates from several people @Medway Blue is the closest person to all that is happening and he has kept us all up to date. There is very little point anything else coming from the club as all it would say is "things are on track and we are awaiting confirmations"

They have already made the decision that they no longer wish to make any more statements until the deal is 100% done because there have been to many false dawns before.

They wouldn't need to put any dates on it so I don't see why an update isn't possible. If it's been completed by lawyers and awaiting NL approval then I don't see why that couldn't be said just to keep those who don't come on here up to date. They talked about wanting better communication with fans and I feel like they're missing a trick here.

 

[kentblues]

There's no doubt a league with far more scrutiny on its clubs and regulations has come as something of a surprise to the current ownership.

If what you said were true then we would not have the Woking scenario. They have a number of clubs they know, or should know, are heavily loss making, and I see no evidence they do any more than say the EFL in policing owners and their ability or willingness to continue funding. The months, and years, of mismanagement by Ron, and endless WUPs, brought everything in the end to a point where it was impossible ignore or accommodate any longer…which is somewhat different…

 

[Spaceman Spiff]

How do you spell INCOMPETENCY ?

R O N M A R T I N

 

[Cricko]

To add, after "shirtgate" yesterday you can be sure as eggs are eggs that any information is on lockdown. The club have plans for when it does happen and it is their right to do it as they wish.

 

[Callumturner22]

They wouldn't need to put any dates on it so I don't see why an update isn't possible. If it's been completed by lawyers and awaiting NL approval then I don't see why that couldn't be said just to keep those who don't come on here up to date. They talked about wanting better communication with fans and I feel like they're missing a trick here.

They talked about wanting better communication with fans and I feel like they're missing a trick here.

Well said and i appreciate the ones ie Medway and boy wonder for all the solid updates it much appreciated for sure and we’re lucky to have them to give us that bit more of a update at times

But it wouldn’t hurt from the club too imo but understand they can’t say anything until it officially which is fair enough like everyone else we didn’t expect it to take this long ..

 

[Banksy]

R O N M A R T I N

And SBC !

 

[kentblues]

No, the current ownership (not for much longer) are 100% to blame. Not the EFL, not the NL, not Stan, Tom Lawrence, Crate, ITKs, Wolfy (actually he is part of the problem), the council and anyone else who has been blamed…

The Romans?