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Doug King Takeover (3 Viewers)

  • Thread starter jackdg
  • Start date Nov 16, 2022
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jordan210

Well-Known Member
  • Nov 17, 2022
  • #1,191
shmmeee said:
What’s he got to do with it all?
Click to expand...

No idea. Sunderland fans did claim he was now buying us......
 

Nick

Administrator
  • Nov 17, 2022
  • #1,192

Interesting, that's somebody who has a sports agency.
 

shmmeee

Well-Known Member
  • Nov 17, 2022
  • #1,193
We do we attract all the crazy?
 
Reactions: Otis, Gibbo, jordan210 and 1 other person
C

CCFCSteve

Well-Known Member
  • Nov 17, 2022
  • #1,194
IMissMAF said:
Click to expand...

Quite the line up indeed.

Doug king warming up on the sidelines trying to catch Judges eye. Judge not keen on subs at this late stage, would rather Ashley finish the game

Joy starts chant ‘Super, Super Doug’
 
Reactions: Brylowes, AOM, Gibbo and 4 others

The Philosopher

Well-Known Member
  • Nov 17, 2022
  • #1,195
Lined up together?

Is Hoff on behalf of MA or Joy-King
 

Paul Anthony

Well-Known Member
  • Nov 17, 2022
  • #1,196
If Storey is involved, that's a disaster. Anyone who knows what malarkey he got upto with the Haas F1 team will know why. He's a bloody fraud, and a nut.
 
Reactions: wingy, Deleted member 5849, TwistAndShoutCCFC1987 and 3 others

jordan210

Well-Known Member
  • Nov 17, 2022
  • #1,197
 

The Philosopher

Well-Known Member
  • Nov 17, 2022
  • #1,198
Paul Anthony said:
If Storey is involved, that's a disaster. Anyone who knows what malarkey he got upto with the Haas F1 team will know why. He's a bloody fraud, and a nut.
Click to expand...
I read about him when it was first mentioned, looked at his accounts and any evidence of this huge sports drink he was selling. Empty.

Looks like a publicity seeking Walt.
 
Reactions: Senior Vick from Alicante and Paul Anthony

Evo1883

Well-Known Member
  • Nov 17, 2022
  • #1,199
Nick said:

Interesting, that's somebody who has a sports agency.
Click to expand...

Please god no , we've been through enough FFS
 

robbiekeane

Well-Known Member
  • Nov 17, 2022
  • #1,200
Nick said:

Interesting, that's somebody who has a sports agency.
Click to expand...
Fuck all these people I just want to see gyokeres score a hat trick and moan about Hamer getting sent off while having a few stubbies
 
Reactions: Skyblueweeman, torchomatic, TwistAndShoutCCFC1987 and 4 others
H

HuckerbyDublinWhelan

Well-Known Member
  • Nov 17, 2022
  • #1,201
We’re going to end up going bust by Xmas ain’t we
 
Reactions: Saddlebrains
C

CCFCSteve

Well-Known Member
  • Nov 17, 2022
  • #1,202
Any sign of Dinsah ?
 

The Philosopher

Well-Known Member
  • Nov 17, 2022
  • #1,203
shmmeee said:
We do we attract all the crazy?
Click to expand...
I think when you stand back and assess the potential if this is all unpicked:

Someone might end up with a stadium that cost £100m plus for a fraction of that and have a SISU who is holding debt at the beginning of a recession over a barrel. King or no King, this could be an opportunity for a bargain.
 

Paul Anthony

Well-Known Member
  • Nov 17, 2022
  • #1,204
The Philosopher said:
I read about him when it was first mentioned, looked at his accounts and any evidence of this huge sports drink he was selling. Empty.

Looks like a publicity seeking Walt.
Click to expand...

Yep, promised a substantial sum, it simply didn't exist. Then spent several months on social media going off on some deranged lunacy about it.
 
Reactions: The Philosopher

standupforcity

Well-Known Member
  • Nov 17, 2022
  • #1,205
Where's this happening? I'm in London
 

duffer

Well-Known Member
  • Nov 17, 2022
  • #1,206
Christ this is bizarre. The bondholders crowd fund a legal campaign and then don't turn up in court, and the club is apparently sold twice in a day.

Coventry City, the legal and financial soap opera for those with a passing interest in football. We'd make a much better Netflix series than those northern or Welsh lot!
 
Reactions: skybluetony176, Skyblueweeman, skybluepm2 and 2 others
R

robbiethemole

Well-Known Member
  • Nov 17, 2022
  • #1,207
When does it all start?
 

shepardo01

Well-Known Member
  • Nov 17, 2022
  • #1,208
CCFCSteve said:
Any sign of Dinsah ?
Click to expand...
He's still queuing up at the free bar on James Raffles boat on the Thames...
They'll be there soon...
 
Reactions: Philosoraptor, duffer and CCFCSteve

Gibbo

Well-Known Member
  • Nov 17, 2022
  • #1,209
sotvtoday said:
Isn't MA the preferred bidder because he put up a non-refundable 1.2 million to keep ACL going in the interim? No other bidder was prepared to do that were they? Or have I missed something (again)!
Click to expand...
1. Do we know for certain it is non-refundable? For instance were King to get the ground would he have to pay MA? Or was the non-refundable clause a price for exclusivity, and exclusivity enabled MA to drive down the price?

2. Also I remain unconvinced that the poor relationship between SISU and CCC is sufficient to trump hard cash, If SISU come up with the money, CCC wll,be obliged to accept them. That has been my personal experience in business.

3. Ultimtely the odds are King is either some kind of sophisticated front for SISU or else he has paid top dollar for the Club because Joy would accept nothing less.

4. In a 'devil or thedeep blue sea' situation, I prefer the devil of MA to the deep blue sea of SISU or King as the possibility of some investment is there with MA but non-existent with SISU and an entirely unknown quantity with King. Has King got more backers to see the club grow in the future?

Gibbo remains deeply confused,
.
 
Reactions: Macca1987

The Philosopher

Well-Known Member
  • Nov 17, 2022
  • #1,210
duffer said:
Christ this is bizarre. The bondholders crowd fund a legal campaign and then don't turn up in court, and the club is apparently sold twice in a day.

Coventry City, the legal and financial soap opera for those with a passing interest in football. We'd make a much better Netflix series than those northern or Welsh lot!
Click to expand...
As I’ve said before, once all the documentation and real stories about the last few weeks come out: Wasps demise, Richardson, Bonds, Council, King etc., Gilbert could easily write a book.

(There’s a book called “Too Big To Fail” about the Financial crisis and every leading up to Leeman’s and Gordon Brown bailing out the banks. For a geeky subject it’s fascinating)

This would be far more interesting.
 
Reactions: duffer

jordan210

Well-Known Member
  • Nov 17, 2022
  • #1,211
 
Reactions: MacReady, Gynnsthetonic and CCFCSteve

Tommo1993

Well-Known Member
  • Nov 17, 2022
  • #1,212
Evo1883 said:
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
Click to expand...

Refreshing honesty as opposed to the continuous “pretending to know what’s going on” that’s floating around.
 

Bugsy

Well-Known Member
  • Nov 17, 2022
  • #1,213
what the fuck is going on. why it is never fucking easy
 
Reactions: the rumpo kid, duffer and Razzle Dazzle Dean Gordon

shmmeee

Well-Known Member
  • Nov 17, 2022
  • #1,214
Gibbo said:
1. Do we know for certain it is non-refundable? For instance were King to get the ground would he have to pay MA? Or was the non-refundable clause a price for exclusivity, and exclusivity enabled MA to drive down the price?

2. Also I remain unconvinced that the poor relationship between SISU and CCC is sufficient to trump hard cash, If SISU come up with the money, CCC wll,be obliged to accept them. That has been my personal experience in business.

3. Ultimtely the odds are King is either some kind of sophisticated front for SISU or else he has paid top dollar for the Club because Joy would accept nothing less.

4. In a 'devil or thedeep blue sea' situation, I prefer the devil of MA to the deep blue sea of SISU or King as the possibility of some investment is there with MA but non-existent with SISU and an entirely unknown quantity with King. Has King got more backers to see the club grow in the future?

Gibbo remains deeply confused,
.
Click to expand...

On 1. Exclusivity payments either go towards the final payment or are lost if Ashley pulls out.
 
Reactions: CCFCSteve

duffer

Well-Known Member
  • Nov 17, 2022
  • #1,215
The Philosopher said:
As I’ve said before, once all the documentation and real stories about the last few weeks come out: Wasps demise, Richardson, Bonds, Council, King etc., Gilbert could easily write a book.
Click to expand...

More like a trilogy!
 

slowpoke

Well-Known Member
  • Nov 17, 2022
  • #1,216
Paul Anthony said:
If Storey is involved, that's a disaster. Anyone who knows what malarkey he got upto with the Haas F1 team will know why. He's a bloody fraud, and a nut.
Click to expand...
Glad he is a good reason for the EFL to rule not fit & proper
 
Reactions: Gibbo and evac

duffer

Well-Known Member
  • Nov 17, 2022
  • #1,217
Paul Anthony said:
Yep, promised a substantial sum, it simply didn't exist. Then spent several months on social media going off on some deranged lunacy about it.
Click to expand...

Sounds like a perfect fit!
 
Reactions: Paul Anthony
K

Kieranp96

Well-Known Member
  • Nov 17, 2022
  • #1,218
I will return in a week I don’t know what the fuxk is happening, no one has said anything clear apart from claiming he is a sisu puppet and loads of flat earth conspiracy theory’s so I will wait until news is official.
 

shmmeee

Well-Known Member
  • Nov 17, 2022
  • #1,219
The Philosopher said:
As I’ve said before, once all the documentation and real stories about the last few weeks come out: Wasps demise, Richardson, Bonds, Council, King etc., Gilbert could easily write a book.
Click to expand...

A sequel…

Amazon product ASIN B08HBGYQQ5
 
Reactions: The Philosopher

Evo1883

Well-Known Member
  • Nov 17, 2022
  • #1,220
Probably just turned up because people can and he's fuxking nuts
 
C

CCFCSteve

Well-Known Member
  • Nov 17, 2022
  • #1,221
shmmeee said:
On 1. Exclusivity payments either go towards the final payment or are lost if Ashley pulls out.
Click to expand...

It would be interesting to know what repayment terms are if stadium can’t be sold to Ashley
 
H

HuckerbyDublinWhelan

Well-Known Member
  • Nov 17, 2022
  • #1,222
There’s got to be an
Evo1883 said:
Probably just turned up because people can and he's fuxking nuts
Click to expand...
Is he sat by Doug King?
 

hill83

Well-Known Member
  • Nov 17, 2022
  • #1,223
Bugsy said:
what the fuck is going on. why it is never fucking easy
Click to expand...

You are logged onto skybluestalk on the internet buddy
 
Reactions: AStonesThrow, robbiethemole and duffer

Paul Anthony

Well-Known Member
  • Nov 17, 2022
  • #1,224
slowpoke said:
Glad he is a good reason for the EFL to rule not fit & proper
Click to expand...

Well, if anyone is ever going to fail said test, he'd be a good contender.
 

The Philosopher

Well-Known Member
  • Nov 17, 2022
  • #1,225
Still don’t understand why King didn’t bid “£35m to satisfy the bondholders claim in exchange for their charge including the £9m P Share charge”

King gets the Bonds pays off, assumes the rights of the Bondholder and charge holder might get £9m back meaning it’s all cost £26m not £25m and he occupies a stadium which he has a charge over.

I’m sure I must have missed something
 
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