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Doug King Takeover (4 Viewers)

  • Thread starter jackdg
  • Start date Nov 16, 2022
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Sky Blue Pete

Well-Known Member
  • Nov 17, 2022
  • #911
fatso said:
He will be a part owner WITH Sisu if this deal goes ahead.
Click to expand...
That’s not part of sisu
What do we know?
Sisu joy and Martin reeves were never going to work together and this was a detriment to ccfc
A preferred bidder was about and maybe still about to take acl lease on leaving ccfc with a lease and no future
We were all worried we would lose yok and Ohare and Hamer in January for not what they are worth to us, is that now less likely
Even if this is an underhand way of sisu getting a chance of purchasing the long lease then so be it
If it’s more and Mr King can work with Martin Reeves and talk the language of regeneration then there’s a real chance this will benefit ccfc
It’s probably sensible to take the announcement on face value until we know otherwise
And efl approval still coming
Fundamentally as a fan I’m more hopeful that we can keep the squad together and maybe invest a little bit
Great players great manager great momentum
Key thing to get the stadium
 
Reactions: Londonccfcfan

mark82

Super Moderator
  • Nov 17, 2022
  • #912
Deleted member 5849 said:
Seems a very round figure to pay for the stadium (£25mil), as though plucked out the air.

Being a city fan makes me cynical!
Click to expand...

I would imagine quoting figures is maybe for the benefit of bondholders.
 
Reactions: GaryMabbuttsLeftKnee, torchomatic, djr8369 and 2 others

Mild-Mannered Janitor

Kindest Bloke on CCFC / Maker of CCFC Dreams
  • Nov 17, 2022
  • #913
One thing we need is the same group, be it King, Ashley or SISU owning the club and the ground, all want a return but at least if it’s owned by one group, they should act and can act in the right interests to maximise the returns and invest in those using the stadium.
The worst position has to be one owning the ground and the club being separate and the same shenanigans we had with Wasps where the landlord and tenant don’t always align.
 
Reactions: Bertola, djr8369, eastwoodsdustman and 1 other person
D

Dhinsa's_Millions

Well-Known Member
  • Nov 17, 2022
  • #914
Coventry Siddy
 
Reactions: RegiswasGod, andrew.roberts and eastwoodsdustman
D

Dhinsa's_Millions

Well-Known Member
  • Nov 17, 2022
  • #915
Absolute chancer this guy.
 

Skybluefaz

Well-Known Member
  • Nov 17, 2022
  • #916
King talks like Dave Clifton
 
Reactions: AOM, OtiumForTheMasses, skybluetony176 and 4 others

Gynnsthetonic

Well-Known Member
  • Nov 17, 2022
  • #917
Sky Blue Pete said:
Well I think it clear he’s not a part of sisu but expect cynics to see it that way

On cwr in 5 mins
Click to expand...
Go on then Pete on CWR
 

ajsccfc

Well-Known Member
  • Nov 17, 2022
  • #918
A bizarre amount of told you sos already in this thread considering nobody had heard of this guy not even a day ago and still none of us actually know fuck all about what's going on.
 
Reactions: Tommo1993, Skyblueweeman, chiefdave and 3 others

fatso

Well-Known Member
  • Nov 17, 2022
  • #919
Sky Blue Pete said:
That’s not part of sisu
What do we know?
Sisu joy and Martin reeves were never going to work together and this was a detriment to ccfc
A preferred bidder was about and maybe still about to take acl lease on leaving ccfc with a lease and no future
We were all worried we would lose yok and Ohare and Hamer in January for not what they are worth to us, is that now less likely
Even if this is an underhand way of sisu getting a chance of purchasing the long lease then so be it
If it’s more and Mr King can work with Martin Reeves and talk the language of regeneration then there’s a real chance this will benefit ccfc
It’s probably sensible to take the announcement on face value until we know otherwise
And efl approval still coming
Fundamentally as a fan I’m more hopeful that we can keep the squad together and maybe invest a little bit
Great players great manager great momentum
Key thing to get the stadium
Click to expand...
True, but big business is more interested in the Arena, rather than CCFC. Big business are not CCFC fans, none of the investors putting up the money are CCFC fans. This is purely about the Arena at this moment in time.

Doug King could buy the Arena and then just sell it to Sisu, that may already be agreed between the 2 parties, why else would Sisu retain a 15% holding?

Sisu may not have the funds available at short notice, and may know that the current Arena operators won't deal directly with them, so Doug King becomes a middle man, supplying the funds and a creditable name that the sellers can do business with.

It's very odd that Doug King who has no known involvement or ever supported CCFC should suddenly appear as if by magic waving 25+ million pounds around,
But does mysteriously share an office with Sisu and admits to knowing Dermot Coleman of Sisu.

Time will tell.
 
Last edited: Nov 17, 2022
Reactions: Sky Blue Pete
M

Macca

Well-Known Member
  • Nov 17, 2022
  • #920
Dhinsa's_Millions said:
Absolute chancer this guy.
Click to expand...

Yep Dhinsa 2
 

robbiekeane

Well-Known Member
  • Nov 17, 2022
  • #921
SBT said:
Well yeah, obviously you have to close your position to realise the gains - I just think it’s striking that his two periods of success happened to coincide with extremely low oil prices, whereas the year when oil prices hit a modern record saw him be named “the worst hedge fund manager in the world”.

And then you have this price prediction from six months ago, and I have to wonder how our new owner’s portfolio is looking as we head into a global recession:
View attachment 27309
Click to expand...
Whut

Yes I’m sure he only makes money when oil prices fall
 

Nick

Administrator
  • Nov 17, 2022
  • #922
Interesting he claims no sales
 
Reactions: Sky Blue Pete
D

Dhinsa's_Millions

Well-Known Member
  • Nov 17, 2022
  • #923
Macca said:
Yep Dhinsa 2
Click to expand...
Couldn't agree more!
 
H

HuckerbyDublinWhelan

Well-Known Member
  • Nov 17, 2022
  • #924
fatso said:
True, but big business is more interested in the Arena, rather than CCFC. Big business are not CCFC fans, none of the investors putting up the money are CCFC fans. This is purely about the Arena at this moment in time.

Doug King could buy the Arena and then just sell it to Sisu, that may already be agreed between the 2 parties, why else would Sisu retain a 15% holding?

Sisu may not have the funds available at short notice, and may know that the current Arena operators won't deal directly with them, so Doug King becomes a middle man, supplying the funds and a creditable name that the sellers can do business with.

Time will tell.
Click to expand...
And I don’t see why SISU owning both is a problem?

we want the stadium and club linked. We’re much more likely to attract investment
 
Reactions: Skyblueweeman, MAFF, eastwoodsdustman and 2 others
H

HuckerbyDublinWhelan

Well-Known Member
  • Nov 17, 2022
  • #925
Nick said:
Interesting he claims no sales
Click to expand...
So Gyokeres gone January 1st?
 
Reactions: Sky Blue Pete

mark82

Super Moderator
  • Nov 17, 2022
  • #926
HuckerbyDublinWhelan said:
And I don’t see why SISU owning both is a problem?

we want the stadium and club linked. We’re much more likely to attract investment
Click to expand...

Although when we do attract investment it'll just be a clever Sisu ploy to buy handbags.
 
Reactions: Sky Blue Pete

Sick Boy

Super Moderator
  • Nov 17, 2022
  • #927
ajsccfc said:
A bizarre amount of told you sos already in this thread considering nobody had heard of this guy not even a day ago and still none of us actually know fuck all about what's going on.
Click to expand...
The forum had managed to convince itself that MA’s main end game and interest was ownership of CCFC and talks must have been taken place…there was zero evidence.
 
Reactions: Skyblueweeman, AOM, Hullinho87 and 5 others
D

Dhinsa's_Millions

Well-Known Member
  • Nov 17, 2022
  • #928
Doug 'We offer 25 million without doing any due diligence' ....Seems really legit.
 
Reactions: djr8369

Nick

Administrator
  • Nov 17, 2022
  • #929
Dhinsa's_Millions said:
Doug 'We offer 25 million without doing any due diligence' ....Seems really legit.
Click to expand...
He says dependant on due diligence.
 
Reactions: Grendel and mark82
H

HuckerbyDublinWhelan

Well-Known Member
  • Nov 17, 2022
  • #930
mark82 said:
Although when we do attract investment it'll just be a clever Sisu ploy to buy handbags.
Click to expand...
Moving up from Gucci to Versace?
 
D

Deleted member 5849

Guest
  • Nov 17, 2022
  • #931
Nick said:
He says dependant on due diligence.
Click to expand...
So offer £2.5mil after that then.
 

shepardo01

Well-Known Member
  • Nov 17, 2022
  • #932
Surely this is already closed.
Saw hints of a contract with Ashley floating around on twitter last night.
Court hearing just a vehicle to announce no admin as sale already agreed????
 

Nick

Administrator
  • Nov 17, 2022
  • #933
Says he is happy to pay to keep ACL ticking over while a deal with him is done.

Pretty clear the timing is to try and get the Ashley deal to collapse.

Also says ccfc were a creditor hence they can go to court today.
 
Reactions: skybluepm2 and mark82

fatso

Well-Known Member
  • Nov 17, 2022
  • #934
HuckerbyDublinWhelan said:
And I don’t see why SISU owning both is a problem?

we want the stadium and club linked. We’re much more likely to attract investment
Click to expand...
It's not a problem to CCFC fans, but I'm sure CCC and ACL will have a massive problem.
 
H

HuckerbyDublinWhelan

Well-Known Member
  • Nov 17, 2022
  • #935
fatso said:
It's not a problem to CCFC fans, but I'm sure CCC and ACL will have a massive problem.
Click to expand...
Fuck them - I’d love a stitch up against them to work
 
Reactions: Skyblueweeman, Dions Dong, MAFF and 3 others
C

CCFCSteve

Well-Known Member
  • Nov 17, 2022
  • #936
Nick said:
He says dependant on due diligence.
Click to expand...

Suddenly after finding £15m of repairs, Doug reduces offer to £10m…cue bondholders meltdown ‘why didn’t you sell to Ashley’
 
Reactions: wingy, Skyblueweeman, skybluetony176 and 1 other person

Sky Blue Pete

Well-Known Member
  • Nov 17, 2022
  • #937
Dhinsa's_Millions said:
Doug 'We offer 25 million without doing any due diligence' ....Seems really legit.
Click to expand...
Hopefully made sense
Thought he said they have £25m ready and w team to do due diligence
 
O

OyJimmy

Member
  • Nov 17, 2022
  • #938
Feels like a bud to try and for MA’s hand
 

Evo1883

Well-Known Member
  • Nov 17, 2022
  • #939
OK , I listened to the interview with Simon and he is SUPER excited isn't he
 
Reactions: ccfcmad1

torchomatic

Well-Known Member
  • Nov 17, 2022
  • #940
GIMOC said:
after sleeping on it. Even more convinced after hearing Doug this deal is just one last roll of the dice from sisu. No mention of robins or the team in his statement. Just all about the ground. 12 hours before court case starts for it.

the amount of naive and gullible posters on here is scary.
Click to expand...

Oh, the irony.
 
Reactions: Skyblueweeman and Telfer85

fatso

Well-Known Member
  • Nov 17, 2022
  • #941
HuckerbyDublinWhelan said:
Fuck them - I’d love a stitch up against them to work
Click to expand...
You have a point.
 

Nick

Administrator
  • Nov 17, 2022
  • #942
Evo1883 said:
OK , I listened to the interview with Simon and he is SUPER excited isn't he
Click to expand...
Super super
Maybe he's trying to get a song going

Super, super doug
 
Reactions: CCFCSteve and Evo1883
D

Deleted member 5849

Guest
  • Nov 17, 2022
  • #943
CCFCSteve said:
Suddenly after finding £15m of repairs, Doug reduces offer to £10m…cue bondholders meltdown ‘why didn’t you sell to Ashley’
Click to expand...
tbh it's exactly why I wouldn't be 100% confident that Ashley's deal would go through either. Every chance he could get difficult after finding out the true state of affairs, isn't there.

But yeah '£25 mil, look at me with my £25 mil!'
 

Evo1883

Well-Known Member
  • Nov 17, 2022
  • #944
Look il be honest I have no idea what to think .

I'm just going to see what happens today in court , a place where sisu smash people
 
Reactions: duffer, Tommo1993, Skyblueweeman and 2 others

ajsccfc

Well-Known Member
  • Nov 17, 2022
  • #945
Has he said anything about a brown kit? That's where the real focus should be, none of this stadium and squad fluff.
 
Reactions: regis...4-3!! and torchomatic
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