Doug King Takeover (4 Viewers)

shmmeee · Dec 5, 2022

Terry_dactyl said:
I mean, I don’t pretend to understand it all but the timing of the King ‘purchase’ and that he came from nowhere (apart from seemingly Sisu’s office) seems suspicious right?

I don’t know. Taking things at face value Joy is left looking for an owner on Nov 7th with ACLs NOI out and a deadline of a couple of weeks and needs someone close she can work quickly with, maybe who has expressed an interest before. He needs to go public before the court case for reasons (I’m guessing the bondholders backing off scuppered any real chance but that happened after he’d gone public). Joy is clearly skint and needs shot of us. Storey turns out to be a joke. Ashley isn’t biting.

I’m not saying that’s what happened but it seems more likely than King being Ashley in disguise for reasons or King buying 85% of the club somehow making it more valuable for reasons but he doesn’t want the club.

Matt smith · Dec 5, 2022

The only way we’re gonna be sustainable long term is if Mike owns us

sisu and Doug out

Matt smith · Dec 5, 2022

Sky Blue Pete said:
Love how things like become gospel

It’s obvious isn’t it?????

You honestly think he’s gonna be our new owner

hasn’t said anything for ages

Deleted member 5849 · Dec 5, 2022

shmmeee said:
I don’t know. Taking things at face value Joy is left looking for an owner on Nov 7th with ACLs NOI out and a deadline of a couple of weeks and needs someone close she can work quickly with, maybe who has expressed an interest before. He needs to go public before the court case for reasons (I’m guessing the bondholders backing off scuppered any real chance but that happened after he’d gone public). Joy is clearly skint and needs shot of us. Storey turns out to be a joke. Ashley isn’t biting.

I’m not saying that’s what happened but it seems more likely than King being Ashley in disguise for reasons or King buying 85% of the club somehow making it more valuable for reasons but he doesn’t want the club.

Isn't the only logical conspiracy the one where he pops up to stall Ashley's CBS takeover, Ashley pulls out as a result, so then CCC take back lease and club can get stadium nice and cheap?

Matt smith · Dec 5, 2022

Deleted member 5849 said:
Isn't the only logical conspiracy the one where he pops up to stall Ashley's CBS takeover, Ashley pulls out as a result, so then CCC take back lease and club can get stadium nice and cheap?

OyJimmy · Dec 5, 2022

Ashley is hard balling SISU. He’s driving down the value of the club by serving an eviction notice.

The Philosopher · Dec 5, 2022

I think that King blocking Simon Gilbert’s number is a bit of a giveaway.

As a club owner you’d want to keep reasonable relationships with the local Beeb, no?

A generic iPhone “Sorry can’t…. Later” would be better than a block. A block sound like “I’m outta here”.

Amcoventry · Dec 6, 2022

Pretty obvious nobody cares about the team, its all about the money! Sad!

shmmeee · Dec 6, 2022

The Philosopher said:
I think that King blocking Simon Gilbert’s number is a bit of a giveaway.

As a club owner you’d want to keep reasonable relationships with the local Beeb, no?

A generic iPhone “Sorry can’t…. Later” would be better than a block. A block sound like “I’m outta here”.

Where did you see that?

Nick · Dec 6, 2022

shmmeee said:
Where did you see that?

On his phone's block list.

shepardo01 · Dec 6, 2022

shmmeee said:
Where did you see that?

Gilbert mentioned it on the radio last night. Something along the lines of "when I tried contacting him yesterday(?) it appears he could have blocked my number" (after having talked to him previously)

MalcSB · Dec 6, 2022

shepardo01 said:
Gilbert mentioned it on the radio last night. Something along the lines of "when I tried contacting him yesterday(?) it appears he could have blocked my number" (after having talked to him previously)

The way he said it, I’m not sure it was an entirely serious comment.

Nick · Dec 6, 2022

Nick · Dec 6, 2022

His brother is bigging him up as well.

Saddlebrains · Dec 6, 2022

Nick said:
His brother is bigging him up as well.

Seems a cock aswell

shmmeee · Dec 6, 2022

Saddlebrains said:
Seems a cock aswell

As opposed to Ashley, Storey or Seppala?

Anyway I thought your whole thing was you were upset Sisu didn’t get a chance at the ground because Ashley came in? Why the change of heart?

Saddlebrains · Dec 6, 2022

At what point did i ever state that Duggins?

shmmeee · Dec 6, 2022

Saddlebrains said:
At what point did i ever state that Duggins?

Im guessing that’s me? Great bants.

When Ashley’s exclusivity deal was announced you were on here with your inside knowledge saying it had fucked Sisu over.

Saddlebrains · Dec 6, 2022

Well yes it had hadnt it

It never went to an open admin. Which was meant to happen on the Monday, we all sat here waiting for confirmation.

Only for it to be 48 hours later while we were Mid Blackburn game

shmmeee · Dec 6, 2022

Saddlebrains said:
Well yes it had hadnt it

It never went to an open admin. Which was meant to happen on the Monday, we all sat here waiting for confirmation.

Only for it to be 48 hours later while we were Mid Blackburn game

So do you want Ashley as owner or not?

coop · Dec 6, 2022

RFU rejects appeals from Wasps over relegation from Premiership

The club can now appeal to an independent panel

www.coventrytelegraph.net

At last some good news today.

alexccfc99 · Dec 6, 2022

shmmeee said:
So do you want Ashley as owner or not?

It’s a sad indication of the whole situation that him owning the football club is a good outcome

HuckerbyDublinWhelan · Dec 6, 2022

alexccfc99 said:
It’s a sad indication of the whole situation that him owning the football club is a good outcome

I don’t think he’s in it to be around long 2bh - Ashley could easily get the club for penuts, he’s bought the ground for 17m - could easily flip the lot for double that in quick time

Sky Blue Pete · Dec 6, 2022

Matt smith said:
It’s obvious isn’t it?????

You honestly think he’s gonna be our new owner

hasn’t said anything for ages

Why would he the deal is still to be ratified. What’s happened to peoples ability to just take some things as face value until you have more information

alexccfc99 · Dec 6, 2022

Sky Blue Pete said:
Why would he the deal is still to be ratified. What’s happened to peoples ability to just take some things as face value until you have more information

Too many people are too easily pleased and want sound bites all the time - I’d be happy to have an owner who just sits silently in the background, keeps the club ticking over and leaves the running of it to a competent CEO and MR/Adi

alexccfc99 · Dec 6, 2022

HuckerbyDublinWhelan said:
I don’t think he’s in it to be around long 2bh - Ashley could easily get the club for penuts, he’s bought the ground for 17m - could easily flip the lot for double that in quick time

Christ knows, but to me it looks like in the short term he’s trying to rip the club off as much as possible

AFCCOVENTRY · Dec 6, 2022

Sky Blue Pete said:
Why would he the deal is still to be ratified. What’s happened to peoples ability to just take some things as face value until you have more information

In classic style a lot of fans are hysterical here. This is just basic business protocol going on.

This is a timeline of how this is probably going to pan out:

1) King takeover ratified by EFL in next week or so.

2) Sisu aren’t engaging with Ashley as they wait for King ratification.

3) King is in place and his first task is to agree to end of season license at CBS. We won’t be leaving.

4) Then King can start negotiations with FG on a longer term lease at the CBS. Hopefully this is a lease rather than another license. Lessons should be learned.

clint van damme · Dec 6, 2022

AFCCOVENTRY said:
In classic style a lot of fans are hysterical here. This is just basic business protocol going on.

This is a timeline of how this is probably going to pan out:

1) King takeover ratified by EFL in next week or so.

2) Sisu aren’t engaging with Ashley as they wait for King ratification.

3) King is in place and his first task is to agree to end of season license at CBS. We won’t be leaving.

4) Then King can start negotiations with FG on a longer term lease at the CBS. Hopefully this is a lease rather than another license. Lessons should be learned.

If there's one thing that hasn't been happening throughout this whole sage, it's lesson learning.

hill83 · Dec 6, 2022

coop said:
RFU rejects appeals from Wasps over relegation from Premiership

The club can now appeal to an independent panel

www.coventrytelegraph.net

At last some good news today.

alexccfc99 · Dec 6, 2022

To be honest I don’t think Doug’s brother is helping things… Wish he’s just keep schtum

Nick · Dec 6, 2022

Is he using it to promote his business?

Sky Blue Pete · Dec 6, 2022

Nick said:
Is he using it to promote his business?

Yes

Nick · Dec 6, 2022

Trying to get listeners or announcement expected?

ccfctommy · Dec 6, 2022

Who the fuck is Coventry CC Finance Piggy and how does he think he know anything and everything?

Sky Blue Pete · Dec 6, 2022

ccfctommy said:
Who the fuck is Coventry CC Finance Piggy and how does he think he know anything and everything?

Cos people lap it up and no one goes back to check on what he gets wrong after the event. Social media means everyone thinks they’re an expert

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