Doug King Takeover (6 Viewers)

[NorthernWisdom]

She became more humanist toward the end.

Started reading more Bertrand Russell?

 

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[kingfield park skyblues]

Sisu wanted the stadium for nothing.At one point the city council were giving it away.Now Ashley will charge the going rate rent for the cbs.Happy stressing,big fish eats small fish

 

[Senior Vick from Alicante]

King is being used by Joy to drive the price up for the club, thats all this is about again. Who can piss the highest and SIsu dont give a shit about the club. King has dropped a bit of a clanger by saying they Sisu cant afford to run the club though as MA could drive the price down if Sisu sell. Kings not been approved by the league yet either so he wont have any say in it other than he is willing to take 85% of the manufactured debt, but its only intent. MA could say i will pay you a cash amount which is what they are after rather than a debt swap. Just an opinion.

 

[HuckerbyDublinWhelan]

What would be the point though? You push this narrative that he's utterly desperate for the club when there's been very little evidence of that.

To be fair - this was said about our previous landlords, so I understands Nick’s scepticism

 

[NorthernWisdom]

Kings not been approved by the league yet either

Let's face it, they'd approve Dale Evans if he popped up.

 

[Sky Blue Pete]

To be fair - this was said about our previous landlords, so I understands Nick’s scepticism

Poor pitch
Lack of access on the days needed
Friday night kick offs not Saturday

To name 3

 

[nicksar]

Hopefully Mike Ashley will make some sort of statement shorty that will give some clarification on the position of CCFC as tenants .
To the best of my knowledge he's said absolutely nothing throughout the process so far.

 

[The Philosopher]

What would be the point though? You push this narrative that he's utterly desperate for the club when there's been very little evidence of that.

I’m believing in the Piggy.

 

[Flying Fokker]

if I were Ashley I’d be breathing down SISU’s neck. Or King’s. King likes the sound of money. He’s likely to go for a quick profit.

 

[SBT]

Nobody has said that, he literally said them himself in his interview.

There were various people looking to downplay any links with SISU last night (when you and various others were raising a glass to Doug King).

 

[tisza]

Sisu will NEVER see a full return on that debt

best you might get is they waive the interest (that's not a small number) but doubtful

 

[Speedie's Head]

I wonder what the Council has offered Ashley to get it out of its Wasps mess. Ashley threatening the judge that he'd walk away if admin not granted today - not a good look. I think this is a disaster waiting to happen and another stand off between club and stadium owner, with the council on the wrong side again!

 

[olderskyblue]

How do we know that SISU are not already aware of MA's potential interest and are therefore creating an artificial competition?

This…

 

[The Philosopher]

It clearly wasn't worth that, as nobody, but nobody bid that!

That it’s not worth that and nobody bid that are two different things.

As I said. Let’s see if DK ups his bid.

 

[GIMOC]

Ever since sisu arrived at the city they’ve messed up when it’s come to big decisions. All the court cases, all the ground sharing and look where they are now. The amount of money wasted over the years is scary.

One final throw of the dice with Doug King, back fired again.
If only they took the offer of half the ground all them years ago

 

[Nick]

Sisu wanted the stadium for nothing.At one point the city council were giving it away.Now Ashley will charge the going rate rent for the cbs.Happy stressing,big fish eats small fish

Yeah don't get this.
You are happy for the club to suffer?

 

[tisza]

To think, they could have bought the Higgs 50% for about £7m and would have been in a much better position. Sorry for the little people? Absolutely Sorry for Joy? Not fucking likely.

think the real buyback option was even less than that

 

[NorthernWisdom]

That it’s not worth that and nobody bid that are two different things.

It was not worth that. Even in the unlikely event somebody did offer that now, it still wouldn't have been worth that.

This is not a challenging thing! And it's you who are arguing the value of it...

 

[KenilworthSkyBlue]

To be fair - this was said about our previous landlords, so I understands Nick’s scepticism

But the two scenarios are completely different?

Wasps never wanted us there from the get-go as ultimately they wanted to be the only show in town. That feeling of ill-will never subsided throughout our entire tenancy. The only reason why we returned was out of financial necessity (for both clubs) post-Covid as they were losing money hand over fist and we brought in a reasonable amount of revenue per year and staying at St Andrews for us was completely unsustainable beyond that season.

 

[SHUNT31]

King has just said that the deal with Sisu is done, just needs EFL approval.

Where was this?

 

[The Philosopher]

Ever since sisu arrived at the city they’ve messed up when it’s come to big decisions. All the court cases, all the ground sharing and look where they are now. The amount of money wasted over the years is scary.

One final throw of the dice with Doug King, back fired again.
If only they took the offer of half the ground all them years ago

Hindsight.

It’s the Ranson and Ken and Ogwe characters that I hold responsible. They come in and act clever with other peoples money than scarper when they get it wrong. Poor Joy was backstage then but was left holding a poor hand.

 

[Flying Fokker]

I wonder what the Council has offered Ashley to get it out of its Wasps mess. Ashley threatening the judge that he'd walk away if admin not granted today - not a good look. I think this is a disaster waiting to happen and another stand off between club and stadium owner, with the council on the wrong side again!

There’s nothing wrong with brinkmanship providing you know you may lose.

 

[olderskyblue]

Where was this?

King has been interviewed on CWR post judges decision

 

[NorthernWisdom]

Hindsight.

It’s the Ranson and Ken and Ogwe characters that I hold responsible. They come in and act clever with other peoples money than scarper when they get it wrong. Poor Joy was backstage then but was left holding a poor hand.

Poor Joy? She decided to go in with them all! She gave them authiority to act on her behalf with her clients' money!

 

[MalcSB]

This morning or just now just now

After the court decision.

 

[Nick]

King has been interviewed on CWR post judges decision

What was said?

 

[NorthernWisdom]

What was said?

The deal with Sisu is done, just needs EFL approval, I think.

 

[Nick]

 

[SHUNT31]

The interesting part says, IN PARTICULAR working with Coventry City FC.

That is reassuring. Does it maybe hint at more of an interest in CCFC than we are led to believe, or am I clutching?

 

[fernandopartridge]

I’m believing in the Piggy.

But the point stands that he does not need to actively distress the club

 

[Nick]

The deal with Sisu is done, just needs EFL approval, I think.

Bullshit, not even a super?

 

[GIMOC]

Hindsight.

It’s the Ranson and Ken and Ogwe characters that I hold responsible. They come in and act clever with other peoples money than scarper when they get it wrong. Poor Joy was backstage then but was left holding a poor hand.

Poor Joy? Really? She’s messed up herself using the club as a chess piece moving us to Northampton which instigated all this in the first place. No sympathy for her whatsoever

 

[The Philosopher]

Poor Joy? She decided to go in with them all! She gave them authiority to act on her behalf with her clients' money!

Not saying she’s blameless but I’m allowed to feel sorry for her.

Get back in your box.

 

[The Philosopher]

Poor Joy? Really? She’s messed up herself using the club as a chess piece moving us to Northampton which instigated all this in the first place. No sympathy for her whatsoever

Alright then, she’s totally played the game wrong and deserves nothing.

Better? You win the internet points.

 

[shepardo01]

What does this mean???.. anyone??