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  1. The Philosopher

    Doug King Takeover

    I’m believing in the Piggy.
  2. The Philosopher

    Doug King Takeover

    True. Looks like she had some bad advice from those around her. She learned to late. I still feel sorry for her. She became more humanist toward the end.
  3. The Philosopher

    Doug King Takeover

    That it would be £35m. Yep. Got that wrong. Clearly worth that and surprised that underhand tactics combined with gross ineptitude meant MA nicked it. I’ll own my hubris. You’ve owned me chief. However, if DK ups his £25m to £35m…..(unlikely)
  4. The Philosopher

    Doug King Takeover

    I said SISU couldn’t afford to sell for less than £60m and the club wasn’t necessarily worth that and they couldn’t crystallise their losses. I’m not sure that was wrong.
  5. The Philosopher

    Doug King Takeover

    Yep, I’ve said that a couple of times. You might be right.
  6. The Philosopher

    Doug King Takeover

    That there is a problem. There was a chance they could have. £17m for the stadium and then sell the lot for £75m Stadium could be worth £35m, Squad etc. £40m (….waits for some asshole to argue figures for sake of looking a c**t - you know who you are) They had a real chance. Totally blew it...
  7. The Philosopher

    Doug King Takeover

    Sounds like a last minute patsy. A mechanism to try to get the CBS last minute and split the ownership structure of CCFC. Maybe he (DK) has deeper pockets than JS and is less likely to be bullied into selling for a tin of beans. That’s how it comes over.
  8. The Philosopher

    Doug King Takeover

    Long shot. Problem is that if MA starts bringing his empire to the City and buying a few lunches and tracksuits for the “squeaky clean” City Council chumps then getting things done in this City will be down to MA. Corrupt. Lot of them.
  9. The Philosopher

    Doug King Takeover

    Lot of hot air gets spouted - obvs.
  10. The Philosopher

    Doug King Takeover

    I’m going to suggest some form of ITK as I said. There today, looks like has access to confidential documents. Some hint financial nouse. One to watch……
  11. The Philosopher

    Doug King Takeover

    It’s not beyond potential.
  12. The Philosopher

    Doug King Takeover

    Standing back: It cost £1m (plus vat) to buy a stadium that cost £115m for £15m. Argue the value all you like - £30m whatever, don’t care but we will never build another CBS for £15m. It’s a steal. It’s the worst £1m Joy never spent.
  13. The Philosopher

    Doug King Takeover

    Maybe he’s a mechanism whereby someone can buy ownership and Joy can park her 15% waiting for a jackpot.
  14. The Philosopher

    Doug King Takeover

    Just too late to the party. As I said elsewhere, critical points of divergence were missed such as open bidding deadline. Today we were told by DK that Joy didn’t have the resources. It makes sense that she just could get her ducks lined up and has missed the boat.
  15. The Philosopher

    Doug King Takeover

    He might not want to add another appearance fee to the costs. Shrewd.
  16. The Philosopher

    Wasps going into admin & the impact on CCFC

    In full, and after the Revenue have.
  17. The Philosopher

    Doug King Takeover

    Might be enough for a 20% deposit to build a new stadium.
  18. The Philosopher

    Doug King Takeover

    This feels like that bit of time where some people know but haven’t got on to Twitter yet whilst we are in the dark.
  19. The Philosopher

    Doug King Takeover

    This is the account people told me write in green crayons, right?
  20. The Philosopher

    Doug King Takeover

    Yep, so buy out the bondholder legal position (assume their position) and get a potential £9m back later.
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