dusterman
Nello
Can but hope
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When will the takeover go through? The Waiting Game...
- Thread starter fbm
- Start date
- Status
THE SEVENTIES NORTH BANK
Life President⭐⭐🦐
I've just been sent a text asking who are these five companies? As surely it's better done by one. Not really, I replied, as it's 4 different categories.
Market/Property=Cortland and Cushman Wakefield.
Financial=31Ten.
Legal=Gowling WLG.
External Audit=The Council's external auditors.
Barling Magna
President⭐🦐
Quote of the week,some bloke called wingnut.
Perhaps we should listen to him; Wingnut is likely to have big sticking out ears....
Unfortunately a CPO would take as long as Ron takes to get things done. The Council would also have to pay market value and the mortgagee would probably sue if they weren’t going to get their money back.
This is part of what held up DD. It took two months to provide the undertaking. If the undertaking was coming from Ron’s solicitors they would want to be in funds first before agreeing to provide the undertaking.
Napster
No ⭐
31Ten have worked with Southend before
Housing Strategy – Pipeline of Development Opportunities - 31ten Consulting
www.31tenconsulting.co.uk
fbm
Blue tinted optimist⭐🦐
Not the same at all... my option 2 was for the Consortium to just pay it (without the deal going through).
3hrs 11mins in a chat with new Council leader Cllr Cowan.
www.bbc.co.uk
"We want to get this done before the club has to go back to court"
"Whether it costs us (SCC) money or not, it doesn't excuse the time it is taking. We do need to expediate (expedite) this"
Sonia Watson - 21/05/2024 - BBC Sounds
Trusted breakfast news, information and advice, plus great music with Sonia.
www.bbc.co.uk
"We want to get this done before the club has to go back to court"
"Whether it costs us (SCC) money or not, it doesn't excuse the time it is taking. We do need to expediate (expedite) this"
TSG
exiledessexboy⭐🦐
I was determined to leave SZ until this got sorted one way or another for the sake of my health, but like the cars that slow down on a motorway when they see an accident, here I am, back again, every morning for an update, and like some others, I reached the conclusion that I just wanted it to end, let's go bust if it has to be, get rid of the Martins and rise again, and in a few years time we'd be AFC Wimbledon, back in the EFL, or not!
However, the interview with Justin and Tom the other day gave me a boost and I believe while they keep the faith, as well as Kevin and the rest of the long suffering coaches and staff, so should we.
Let's give it at least to the National League AGM and see where we stand, and hopefully, we'll still be standing! (With no embargo and no threatened ten point deductions hanging over us, again!)
The one phrase that's annoying me, sorry Smithy et al, is, 'the rat has played a blinder'. While accepting the logic, it looks on paper as if he has, I refuse to give him any credit at all!
Martin, and now his son it seems, are the ones that have created this complex mess over many years, trying to keep all their financial balls in the air, using the club as their personal plaything. The present York chairman saw through it and said, 'no thanks', and I'm sure Justin was well aware of the problems but carried on, for that I will be eternally grateful, especially, of course, if the club is finally sold to the consortium that he helped put together.
Its far easier to get into credit and let other people get yourself out of it, than actually try and sort it out on your own, the taxpayer did that for the banks that led to the last financial crisis, and guess what, there still doing the same but under other names, just look at the water companies at the moment.
These people, like the Martins, never learn, and know exactly what their doing, it's not 'playing a blinder', it's simply believing there's one rule for them, and one for the little people, and where SUFC is involved, that's us!
What the Martin's are doing is as natural to them as breathing, 'it's what we do', to paraphrase a certain scorpion!
To quote a Liverpool supporter this morning re Klopp leaving; "It's an exhausting experience being a football fan, and I cannot even begin to imagine being a manager who cares so sincerely for his club, the fans and the city they represent"
However, the interview with Justin and Tom the other day gave me a boost and I believe while they keep the faith, as well as Kevin and the rest of the long suffering coaches and staff, so should we.
Let's give it at least to the National League AGM and see where we stand, and hopefully, we'll still be standing! (With no embargo and no threatened ten point deductions hanging over us, again!)
The one phrase that's annoying me, sorry Smithy et al, is, 'the rat has played a blinder'. While accepting the logic, it looks on paper as if he has, I refuse to give him any credit at all!
Martin, and now his son it seems, are the ones that have created this complex mess over many years, trying to keep all their financial balls in the air, using the club as their personal plaything. The present York chairman saw through it and said, 'no thanks', and I'm sure Justin was well aware of the problems but carried on, for that I will be eternally grateful, especially, of course, if the club is finally sold to the consortium that he helped put together.
Its far easier to get into credit and let other people get yourself out of it, than actually try and sort it out on your own, the taxpayer did that for the banks that led to the last financial crisis, and guess what, there still doing the same but under other names, just look at the water companies at the moment.
These people, like the Martins, never learn, and know exactly what their doing, it's not 'playing a blinder', it's simply believing there's one rule for them, and one for the little people, and where SUFC is involved, that's us!
What the Martin's are doing is as natural to them as breathing, 'it's what we do', to paraphrase a certain scorpion!
To quote a Liverpool supporter this morning re Klopp leaving; "It's an exhausting experience being a football fan, and I cannot even begin to imagine being a manager who cares so sincerely for his club, the fans and the city they represent"
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Supershrimper
First XI⭐
Its 5
4 companies completing Those words are banned on the specific areas within the proposal on their areas of specialism
- Cortland (https://cortland.co.uk/)
- Cusman & Wakefield (https://www.cushmanwakefield.com/en/united-kingdom)
- 31Ten (https://www.31tenconsulting.co.uk/)
- Gowling WLG (https://gowlingwlg.com/en/)
Going by who their current auditor is it could well be Deloitte.
3hrs 11mins in a chat with new Council leader Cllr Cowan.
Sonia Watson - 21/05/2024 - BBC Sounds
Trusted breakfast news, information and advice, plus great music with Sonia.
"We want to get this done before the club has to go back to court"
"We want" unfortunately is not the same as "We will".
Only good thing though is fresh leader, wants to make a mark pretty quickly. Could be quite a nice big "look what i've done already for the city" statement by getting it all completed.
THE SEVENTIES NORTH BANK
Life President⭐⭐🦐
If you read again, I said five companies in four categories.
bazzashrimper
Director
If the rat really had played a blinder we wouldn’t be in the current mess, the deal would make him bundles and not just repay the loan and he’d have had 5 years living in Barbados by now.
The rat has been squeezed and squeezed. He’s hopeful that a deal can go through to keep him afloat.
Ozzer
Coach⭐⭐🦐
A main concern is our future is being decided by local residents (Councillors) who likely have no expertise in a complicated transaction such as ours and are out of their depth. They are relying on outside experts to give their views and then they have to make a decision. The easiest thing to do is delay a decision until the outcome is taken out of their hands, which is what we should be most worried about.
tommy tucker
Manager
Ron martin should be struck off from owning RH due to the debts he has gathered .And has no meens of paying it back The man is not fit to be called a chairman And should be removed from that post ASAP .
tommy tucker
Manager
Fot thoes who rember ANTON JOHNSON was a crook RON MARTIN is as bad if not worse Johnson got a prison term Ron martin should have the same fate for attempting murder of oyr club .
londonblue
Topgun Pilot
I think it's important to make the distinction between elected councillors and employed council officers because it seems that a lot of people on here don't really take that into account when they have a go at the councillors for being slow and incompetent.
The councillors are not carrying out the DD. (They wouldn't have the expertise to do so.) The council officers are, along with the 3rd parties they have instructed. It is them that are being slow. They will then report back to the councillors who will decide.
So, whilst many people on here are blaming the councillors, they can't really do much other than put pressure on the officers to speed up. What they can do, however, is ensure that any decisions they need to make are made in a timely manner, which it seems to me they have done, particularly since they have delegated authority to their officers.
That said, I am hopeful that a change in council leadership will help, but I don't really see how it can. On the flip side, I don't really see it hindering the process either.
Whilst I'm having a go at the council officers for being slow, it's also worth bearing in mind who they are dealing with. I do have some sympathy for them in that they are having to deal with ratman who has always worked at a snail's pace. The chances are that the current lack of progress is partly the rat family and partly the council officers/external consultants.
However, going back further, the reason the DD is taking so long is almost certainly partly down to the tangled web of companies and charges/loans/mortgages that ratman has allowed to evolve over time.
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Barry.C
Manager⭐⭐🦐
Its not really right to paint all local Councillors as poor in some way or even on the take. Its the standard Mythology. Of course there may be some not up to the task and others who are devoted to the job, doing it well and serving there Communitiess to a high standard, and Ive met a good number of them ( alongside a few less able )
Ive even stood as one and doubled the vote but mainly because my surname was high up on the alphabetic list which may say more about how votes cast! !
However In a time when I was more involved with local authorities, I can say in the vast majority of circumstances, the advise they receive from the professionals was excellent ,and of course they can call upon many different types of internal and external expert and well qualified professionals
Pace may however be something of an issue unless it is well set and constantly monitored to ensure ACTION takes place in proper timescales
Ive even stood as one and doubled the vote but mainly because my surname was high up on the alphabetic list which may say more about how votes cast! !
However In a time when I was more involved with local authorities, I can say in the vast majority of circumstances, the advise they receive from the professionals was excellent ,and of course they can call upon many different types of internal and external expert and well qualified professionals
Pace may however be something of an issue unless it is well set and constantly monitored to ensure ACTION takes place in proper timescales
Supa Shrimpa
Director⭐
Do we actually know who the DD is being carried out on ?
It's not a "who" it's a "what" - the deal on the table for the rental of the units at FF.
For a fuller understanding, read section 7 in the Council report
To save you reading through the whole thing, this is part of the explanation:
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Barry.C
Manager⭐⭐🦐
Take an initial look at post 1026 ( Napster ) as a starting point
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