Doug King Takeover (4 Viewers)

shmmeee · Nov 28, 2022

King not answering his phone doesn’t fill me with confidence. This joker turning up doesn’t fill me with confidence. Frankly I don’t have much confidence.

From the sounds of it this exclusivity deal is what stopped any serious bidder from getting the club in time to get the stadium.

Why is nothing ever easy at this club?

HuckerbyDublinWhelan · Nov 28, 2022

Steve Dudman and Keith Mills seem legit - they may be alright if Storey is miles away…

Deleted member 5849 · Nov 28, 2022

HuckerbyDublinWhelan said:
Steve Dudman and Keith Mills seem legit - they may be alright if Storey is miles away…

Would they even want it if the stadium's not on offer, though?

Deleted member 5849 · Nov 28, 2022

shmmeee said:
King not answering his phone doesn’t fill me with confidence. This joker turning up doesn’t fill me with confidence. Frankly I don’t have much confidence.

From the sounds of it this exclusivity deal is what stopped any serious bidder from getting the club in time to get the stadium.

Why is nothing ever easy at this club?

For somebody who does, tbf to her, seem to be a relatively successful businesswoman, Seppala's judgement on who to get involved with is pretty terrible more often than not.

jordan210 · Nov 28, 2022

Can we skip to the bit where a billionaire Sheikh with questionable human rights buys us please

AFCCOVENTRY · Nov 28, 2022

Deleted member 5849 said:
Would they even want it if the stadium's not on offer, though?

They are not going to get anything. Regardless of the exclusivity agreement they didn’t complete by the set date.

AFCCOVENTRY · Nov 28, 2022

shmmeee said:
King not answering his phone doesn’t fill me with confidence. This joker turning up doesn’t fill me with confidence. Frankly I don’t have much confidence.

From the sounds of it this exclusivity deal is what stopped any serious bidder from getting the club in time to get the stadium.

Why is nothing ever easy at this club?

Sitting on the fence, King may not have known about this exclusivity agreement Storey had. The answers can only come from Sisu.

HuckerbyDublinWhelan · Nov 28, 2022

Deleted member 5849 said:
Would they even want it if the stadium's not on offer, though?

If he’s trying to prevent the sale to King - I’m guessing they still do. Steve Dudman is in construction….. maybe building the stadium at Warwick

HuckerbyDublinWhelan · Nov 28, 2022

jordan210 said:
Can we skip to the bit where a billionaire Sheikh with questionable human rights buys us please

I’d definitely look more favourably on the Qatar World Cup if that happens

shmmeee · Nov 28, 2022

AFCCOVENTRY said:
Sitting on the fence, King may not have known about this exclusivity agreement Storey had. The answers can only come from Sisu.

Most positive spin I can give: Kings “couple of weeks” wasn’t literally 14 days and no one talks during potential court action.

But it doesn’t look good, especially if EFL processes have been stopped/delayed. Did Gilbert say that cos I missed it if so?

Esoterica · Nov 28, 2022

If you'd got the money to be doing these kind of deals, why the fuck would you let a mad man like Storey front it all?

AFCCOVENTRY · Nov 28, 2022

shmmeee said:
Most positive spin I can give: Kings “couple of weeks” wasn’t literally 14 days and no one talks during potential court action.

But it doesn’t look good, especially if EFL processes have been stopped/delayed. Did Gilbert say that cos I missed it if so?

I think he said King has told his legal team to stop talking to the EFL.

Esoterica · Nov 28, 2022

Sick of our club being a clown show off the pitch. Thank fuck for Robin’s miracles on the pitch.

Terry Gibson's perm · Nov 28, 2022

All the time Mike Ashley is just sitting waiting.

skybluetony176 · Nov 28, 2022

If it wasn’t for the fact that the club is in the middle of this I’d find it funny that someone was trying to out SISU SISU. This just about sums up SISU’s ownership though, they can’t even leave quietly without destabilising the club. What ever possessed them to get involved with Storey in the first place, it’s not like he doesn’t have history.

Esoterica · Nov 28, 2022

Terry Gibson's perm said:
All the time Mike Ashley is just sitting waiting.

I was convinced the Doug King thing was just SISU trying to get Ashley to cough up a few more million for the club than he was prepared to. I don’t see how SISU granting Storey an exclusivity period fits with that though unless they were going to use him for the same purpose and then realised he was a complete chancer, so got King in at the last minute themselves.

slowpoke · Nov 28, 2022

Could only happen here at ccfc, waited years to get rid of sisu & especially Joy Sepalla, well I have, apparently Doug King has bought 85% so he says and just waiting for that to be rubber stamped by the EFL. or is he now, is he a lone wolf, ? doubtful imo, talks what fans like to hear, no sales in January, incoming transfers etc, has apparently spoken to Mark Robins, now there’s this William Storey not looked at on here very favourably but apparently fronts serious backers or does he, then perhaps in the back gone quiet there’s City fan John Dawkins’s also dismissed by some on here and his Americans, and of course perhaps waiting in the wings like a preying mantis could be Mr. Ashley, you couldn’t make all this up.

Saddlebrains · Nov 28, 2022

Imagine my utter shock.

Been calling this since 'Doug' popped up out of nowhere

fernandopartridge · Nov 28, 2022

Saddlebrains said:
Imagine my utter shock.

Been calling this since 'Doug' popped up out of nowhere

What you've been calling that there was an exclusivity deal with somebody else?

CDK · Nov 28, 2022

Another day in the life of a city fan,who knows what today holds.pusb

skybluetony176 · Nov 28, 2022

Esoterica said:
I was convinced the Doug King thing was just SISU trying to get Ashley to cough up a few more million for the club than he was prepared to. I don’t see how SISU granting Storey an exclusivity period fits with that though unless they were going to use him for the same purpose and then realised he was a complete chancer, so got King in at the last minute themselves.

It is possible that they were trying to create the image of the club being in demand triggering a phoney bidding war to leverage more money out of MA, assuming that MA is interested in the club which personally I still think is the only logical reason for him buying ACL. I think in that case SISU has greatly underestimated exactly who Storey is and it could actually leave MA the only show in town, strengthening MA’s position while weakening SISU’s.

Whatever happens, whatever whoever’s plan/tactics are I think the only thing we can safely assume at this point is that the situation has now been complicated and a takeover before the championship resumes is highly unlikely regardless of who ends up owning us, I’m not even confident that a takeover can be completed before the end of the January transfer window.

alexccfc99 · Nov 28, 2022

Don’t be suckered in by the ‘serious backers’ line - If he had the serious backers he says he does he would currently be involved in Sunderland

The blokes a loon and bad news and I can’t believe SISU even got involved with him in the first place

SkyB · Nov 28, 2022

If anyone wants to learn more about our potential new overlord. He did a podcast about his F1 sponsorship debacle. Gives some good insight into him as well.

TomRad85 · Nov 28, 2022

If they were talking to this Storey buffoon, who frankly is a laughable character who needs to fuck off, but ultimately went with King, surely that indicates that King isn't just a SISU plant? But then what the fuck do I know, the whole thing is batshit.

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Brighton Sky Blue · Nov 28, 2022

alexccfc99 said:
Don’t be suckered in by the ‘serious backers’ line - If he had the serious backers he says he does he would currently be involved in Sunderland

The blokes a loon and bad news and I can’t believe SISU even got involved with him in the first place

Shows how desperate they must be. If she never got on the phone to Ashley but did with this character I don’t really know what to say

Skyblue_CP · Nov 28, 2022

Ahh, a day in the life of a Coventry City Supporter.

SBT · Nov 28, 2022

Saddlebrains said:
Imagine my utter shock.

Been calling this since 'Doug' popped up out of nowhere

Can you direct us to the post where you predicted that William Storey was going to somehow torpedo the deal?

shmmeee · Nov 28, 2022

TomRad85 said:
If they were talking to this Storey buffoon, who frankly is a laughable character who needs to fuck off, but ultimately went with King, surely that indicates that King isn't just a SISU plant? But then what the fuck do I know, the whole thing is batshit.

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It sounds like they’d agreed with Storey and Storey just didn’t complete in time so she went to King. Sounds like she just wanted out TBH. I forget now, when did Ashley come on the scene? I’d assume any exclusivity would be at least a month to complete which suggests early to mid October was when she sold, was he about then?

shmmeee · Nov 28, 2022

I bet the Sunderland fans are loving this…

slowpoke · Nov 28, 2022

alexccfc99 said:
Don’t be suckered in by the ‘serious backers’ line - If he had the serious backers he says he does he would currently be involved in Sunderland

The blokes a loon and bad news and I can’t believe SISU even got involved with him in the first place

Is he a loon ? certainly for me has a strange fashion sense and had an odd relationship with the Haas formula one team but sounds if true he is t a lone wolf and fronts serious financial backers. Did he/they lose out to others at Sunderland or just kicked onto touch. Loon or not he exists as do others. Apparently Gilbert has an interview with him at 11am, bound to present himself as a real deal as Doug King has done.

AFCCOVENTRY · Nov 28, 2022

Correction here.

Storey has asked EFL to block Kings takeover.

fernandopartridge · Nov 28, 2022

Thanks for that summary of the recent posts on this thread

AFCCOVENTRY · Nov 28, 2022

AFCCOVENTRY · Nov 28, 2022

TomRad85 · Nov 28, 2022

shmmeee said:
It sounds like they’d agreed with Storey and Storey just didn’t complete in time so she went to King. Sounds like she just wanted out TBH. I forget now, when did Ashley come on the scene? I’d assume any exclusivity would be at least a month to complete which suggests early to mid October was when she sold, was he about then?

I don't quite understand what Storey thinks his case is to be honest. I think Ashley had been sniffing around longer than that, but just the stadium for the moment unfortunately.

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Doug King Takeover (4 Viewers)

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