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Doug King Takeover (3 Viewers)

  • Thread starter jackdg
  • Start date Nov 16, 2022
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shmmeee

Well-Known Member
  • Dec 27, 2022
  • #3,606
rexo87 said:
I'm sure that will make all the difference rather than actually give them what they've asked for

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Click to expand...

They have haven’t they?

The claim is the EFL have rejected the takeover.
 

Sky Blue Pete

Well-Known Member
  • Dec 27, 2022
  • #3,607
Grendel said:
You said the club were involved until Ashley came along?
Click to expand...
In what? Ah yep they were
 

Sky Blue Pete

Well-Known Member
  • Dec 27, 2022
  • #3,608
Grendel said:
You said the club were involved until Ashley came along?
Click to expand...
I said I’d been told they were wanting to rather than they were
 
R

rexo87

Well-Known Member
  • Dec 27, 2022
  • #3,609
shmmeee said:
They have haven’t they?

The claim is the EFL have rejected the takeover.
Click to expand...
I don't think anyone's said its been rejected, otherwise we'd have heard officially. The claim is that POF have not been sufficiently provided and/or the source of the funds is under question. It's hard to see how it can then be accepted going forward

Sent from my SM-G991B using Tapatalk
 

shmmeee

Well-Known Member
  • Dec 27, 2022
  • #3,610
shmmeee said:
So are you saying the EFL have rejected King? Sorry but it’s very hard to work out what you’re actually claiming.
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GIMOC said:
As it stands, yes.
Click to expand...

rexo87 said:
I don't think anyone's said its been rejected, otherwise we'd have heard officially. The claim is that POF have not been sufficiently provided and/or the source of the funds is under question. It's hard to see how it can then be accepted going forward

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Fucking quote system. Read bottom to top
 
Reactions: Sky Blue Pete
R

rexo87

Well-Known Member
  • Dec 27, 2022
  • #3,611
shmmeee said:
Fucking quote system. Read bottom to top
Click to expand...
I don't see how something can be rejected, as it stands. It's either rejected, still in progress or accepted. I think it's still in progress but not looking promising. So I think we agree about the stage it's at lol

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Reactions: shmmeee

You'll Never Beat McPake

Well-Known Member
  • Dec 27, 2022
  • #3,612
I'm not convinced by King, arrives at 11th hour with apparently funds for stadium and team investment. Judge calls them out and Ashley bags stadium (and £M's to rectify issues with stadium). King has 48 hours of fame and bravado then ..... nothing. Turns up at 2 home games ..... nothing said, no updates. Buddy still SISU mouthpiece says its all imminent. Week later .... nothing. EFL may be paying special attention to CCFC due to 14 years of SISU shenanigans. They will not permit further embarrassment and now FG own stadium will be seeking assurance of Kings funds and commitment to stay at CBS.
 
Reactions: Londonccfcfan, BrisbaneBronco and Saddlebrains

shmmeee

Well-Known Member
  • Dec 27, 2022
  • #3,613
You'll Never Beat McPake said:
I'm not convinced by King, arrives at 11th hour with apparently funds for stadium and team investment. Judge calls them out and Ashley bags stadium (and £M's to rectify issues with stadium). King has 48 hours of fame and bravado then ..... nothing. Turns up at 2 home games ..... nothing said, no updates. Buddy still SISU mouthpiece says its all imminent. Week later .... nothing. EFL may be paying special attention to CCFC due to 14 years of SISU shenanigans. They will not permit further embarrassment and now FG own stadium will be seeking assurance of Kings funds and commitment to stay at CBS.
Click to expand...

Judge didn’t call him out. Ashley had exclusivity and had done due dil but Kings offer was subject to due dil. The arena couldn’t keep going while due dil was done and afterwards no guarantees the bid would have matched Ashley’s so Ashley’s was best for the creditors.
 
Reactions: nicksar and bulko

Samo

Well-Known Member
  • Dec 27, 2022
  • #3,614
Can anyone see Ashley buying the club from King/SISU before the ink is even dry on the EFL King approval.
 

Saddlebrains

Well-Known Member
  • Dec 27, 2022
  • #3,615
Samo said:
Can anyone see Ashley buying the club from King/SISU before the ink is even dry on the EFL King approval.
Click to expand...


No because King isnt buying us
 
Reactions: Bad Boy

fernandopartridge

Well-Known Member
  • Dec 27, 2022
  • #3,616
Sky Blue Pete said:
Frustration at it taking the time it has. And I’ve not asked the club direct just on how they’ve acted and soon hopefully
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It's always a third party isn't it? Always events out of their control
 

Samo

Well-Known Member
  • Dec 27, 2022
  • #3,617
Saddlebrains said:
No because King isnt buying us
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Well you better hope someone is.
 
Reactions: Saddlebrains
S

skyblu3sk

Well-Known Member
  • Dec 27, 2022
  • #3,618
Saddlebrains said:
No because King isnt buying us
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I hope you know this rather than stating opinion as fact otherwise you are going to look a complete bell end...
 

Grendel

Well-Known Member
  • Dec 27, 2022
  • #3,619
shmmeee said:
Judge didn’t call him out. Ashley had exclusivity and had done due dil but Kings offer was subject to due dil. The arena couldn’t keep going while due dil was done and afterwards no guarantees the bid would have matched Ashley’s so Ashley’s was best for the creditors.
Click to expand...

We don’t even know what kings offer actually is and what he’s buying and what Sisu are retaining
 

Saddlebrains

Well-Known Member
  • Dec 27, 2022
  • #3,620
Samo said:
Well you better hope someone is.
Click to expand...


I hope someone is. Otherwise its sayonarra Vik
 
Reactions: PUSB-We_are_going_up

Matt smith

Well-Known Member
  • Dec 27, 2022
  • #3,621
‘Takeover imminent’

2/3 weeks later nothing

But yeah of course everything is still really on track isn’t it
 
Reactions: Saddlebrains

Sky Blue Pete

Well-Known Member
  • Dec 27, 2022
  • #3,622
Samo said:
Can anyone see Ashley buying the club from King/SISU before the ink is even dry on the EFL King approval.
Click to expand...
No absolutely no reason to be interested
 

shepardo01

Well-Known Member
  • Dec 27, 2022
  • #3,623
So now Smith is gone and there seem to be issues around the takeover, do we think this will be a test of Robins resolve!?....
 

Sky Blue Pete

Well-Known Member
  • Dec 27, 2022
  • #3,624
fernandopartridge said:
It's always a third party isn't it? Always events out of their control
Click to expand...
I suppose when it is it is. Our annoyance should be when it is in their control
 

Grendel

Well-Known Member
  • Dec 27, 2022
  • #3,625
Sky Blue Pete said:
I suppose when it is it is. Our annoyance should be when it is in their control
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Whose to blame for that?
 

Sky Blue Pete

Well-Known Member
  • Dec 27, 2022
  • #3,626
Grendel said:
Whose to blame for that?
Click to expand...
For???? When it’s sisu it’s sisu
 

shmmeee

Well-Known Member
  • Dec 27, 2022
  • #3,627
Grendel said:
We don’t even know what kings offer actually is and what he’s buying and what Sisu are retaining
Click to expand...

This is about the arena, we do know what that offer was cos it was in the admin report.
 
Reactions: Sky Blue Pete

COVKIDSNEVERQUIT

Well-Known Member
  • Dec 27, 2022
  • #3,628
Matt smith said:
‘Takeover imminent’

2/3 weeks later nothing

But yeah of course everything is still really on track isn’t it
Click to expand...


I seem to remember a Mr Fisher saying something similar when we returned the Ricoh.
 
Reactions: skybluepm2

Bad Boy

Well-Known Member
  • Dec 27, 2022
  • #3,629
Tis the pantomime season isn't it
 

David O'Day

Well-Known Member
  • Dec 27, 2022
  • #3,630
bad boy said:
Tis the pantomime season isn't it
Click to expand...
why?


as per the other teams being taken over the efl now take a fair bit of time
 

Bad Boy

Well-Known Member
  • Dec 27, 2022
  • #3,631
Come on D o D when you've been around as long as I have you know when things ain't what they appear.
 
Reactions: Sky Blue Pete

Sky Blue Harry H

Well-Known Member
  • Dec 27, 2022
  • #3,632
Grendel said:
Whose to blame for that?
Click to expand...
Your English teacher?
 
Last edited: Dec 27, 2022
Reactions: Skyblueweeman and mark82

slowpoke

Well-Known Member
  • Dec 27, 2022
  • #3,633
Sounds like we might be grateful for Mr Storey yet.
 
Reactions: Skyblueweeman, vow and Deleted member 5849

Sky Blue Pete

Well-Known Member
  • Dec 27, 2022
  • #3,634
slowpoke said:
Sounds like we might be grateful for Mr Storey yet.
Click to expand...
Y
 

slowpoke

Well-Known Member
  • Dec 27, 2022
  • #3,635
That’s the trouble and possibly a danger anything and anyone to get that woman as far away from ccfc as possible.
 
D

Deleted member 5849

Guest
  • Dec 27, 2022
  • #3,636
Storey would be CCFC's Truss to Seppala's Johnson
 
Reactions: PUSB-We_are_going_up

Grendel

Well-Known Member
  • Dec 27, 2022
  • #3,637
shmmeee said:
This is about the arena, we do know what that offer was cos it was in the admin report.
Click to expand...

Well we don’t really. It seems very strange someone decides to lodge a bid a day before the takeover - it was clearly an attempt to cause mischief
 
Reactions: skybluepm2
S

skyblu3sk

Well-Known Member
  • Dec 27, 2022
  • #3,638
Matt smith said:
Why is he? For having an opinion?

if he was it would have been done by now
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As I say he came across as ITK and now puts his opinion forward as fact in my eyes that would make him look like a bell end as if you are ITK unless you have hard facts you should clarify it's an opinion.
 
Reactions: Skyblueweeman and Sky Blue Pete

Matt smith

Well-Known Member
  • Dec 27, 2022
  • #3,639
skyblu3sk said:
As I say he came across as ITK and now puts his opinion forward as fact in my eyes that would make him look like a bell end as if you are ITK unless you have hard facts you should clarify it's an opinion.
Click to expand...
Yeah I agree with this
 

shmmeee

Well-Known Member
  • Dec 27, 2022
  • #3,640
Grendel said:
Well we don’t really. It seems very strange someone decides to lodge a bid a day before the takeover - it was clearly an attempt to cause mischief
Click to expand...

The offer was £25m subject to due dil.

If it was an attempt to cause mischief it didn’t work very well. I imagine when the bondholders decided to drop charges any hopes were dashed anyway.

Ashley was seemingly the only serious bidder once NEC dropped out. Sisus mistake seems to have been pissing around with Storey and wasting the clubs chance to bid.
 
Reactions: PUSB-We_are_going_up, Skyblueweeman, CCFCSteve and 1 other person
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