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Doug King Takeover (4 Viewers)

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

Well-Known Member
  • Nov 16, 2022
  • #246
Maybe Dougs doing a Robert Jarni. Buy the club so council will deal with him re the stadium, then sell the club back to sisu at a profit
 
Reactions: Happy_Martian and covcity4life

covcity4life

Well-Known Member
  • Nov 16, 2022
  • #247
Liquid Gold said:
It's a step in the right direction which is always worth celebrating.

We all want sisu out of the club and for us to own the arena. we've got one of them now.

It's like saying "I won't celebrate L1 promotion because I want to be in the EPL"
Click to expand...
Sisu saved us. Forever grateful

3 cheers for sisu!
 

Nick

Administrator
  • Nov 16, 2022
  • #248
Some of the strange council accounts on Twitter aren't happy.

It's strange as most people seem over the moon.
 

BackRoomRummermill

Well-Known Member
  • Nov 16, 2022
  • #249
jordan210 said:
Doug King - Duggins

he's done us like kippers
Click to expand...

Ah ha
 

Alkhen

Well-Known Member
  • Nov 16, 2022
  • #250
AFCCOVENTRY said:
From one hedge fund to another…
Click to expand...

Is it though? Says Doug King not the Hedge fund he leads. Fingers crossed he's just a rich fecker who wants a new hobby
 
Reactions: PUSB-We_are_going_up

Nick

Administrator
  • Nov 16, 2022
  • #251
shepardo01 said:
"Hard to see how Mr King can be successful at this point"....
Click to expand...

Who said that?
 

skybluegod

Well-Known Member
  • Nov 16, 2022
  • #252
covcity4life said:
Sisu saved us. Forever grateful

3 cheers for sisu!
Click to expand...

Tbf ultimately, sisu might have ended up leaving us in a better place than they found us, albeit with a whole load of shit in the interim. Potentially owning the stadium, debt free and a competitive championship squad
 
Reactions: PUSB-We_are_going_up and covcity4life

hill83

Well-Known Member
  • Nov 16, 2022
  • #253
Broken Hearted Sky Blue said:
Who the fuck are you c**t I’m no mate of yours
Click to expand...

 
Reactions: SleepyGinger, PUSB-We_are_going_up, Earlsdon_Skyblue1 and 4 others

Sky Blue Harry H

Well-Known Member
  • Nov 16, 2022
  • #254
Evo1883 said:
Can flap it all day but I've a feeling that no contract we can offer will keep the lad here , we need to cash in as soon as an acceptable offer comes in
Click to expand...

Worth the gamble to hold until the summer don't you think? Burnley aside, it's an average league this season. If we keep the team intact (maybe a signing or two?_ and we'd have a fighting chance of a tilt for the play offs, and the second place isn't impossible.
 

shepardo01

Well-Known Member
  • Nov 16, 2022
  • #255
Nick said:
Who said that?
Click to expand...
In Gilbert's tweet I added a couple of posts above that quote...
 
Reactions: Nick
B

Broken Hearted Sky Blue

Well-Known Member
  • Nov 16, 2022
  • #256
hill83 said:
View attachment 27286
Click to expand...
Too mild
 

Sky Blue Harry H

Well-Known Member
  • Nov 16, 2022
  • #257
Vik just put a header over in the 44th minute. Mexican commentary just said something like Covenree

Update: Vik just subbed (fit and well) Happy days !!
 
Last edited: Nov 16, 2022
Reactions: duffer, Finham, wingy and 1 other person

The Philosopher

Well-Known Member
  • Nov 16, 2022
  • #258
Brighton Sky Blue said:
Maybe we've just blown the chance to be owned by a billionaire who also owns the stadium, instead of continuing to rent from said billionaire.
Click to expand...
Yeah,

When you put it like that.

(puts beer back in fridge).
 

torchomatic

Well-Known Member
  • Nov 16, 2022
  • #259
CCFC54321 said:
7 mate
Click to expand...

You don't WFH then?
 
Reactions: GaryMabbuttsLeftKnee and Jamesimus

BackRoomRummermill

Well-Known Member
  • Nov 16, 2022
  • #260
There is nothing left to do but light on of my own farts with a lighter
 
Reactions: Gynnsthetonic
S

SAJ

Well-Known Member
  • Nov 16, 2022
  • #261
SBT said:
So is this Joy bringing in someone to be the acceptable face of a SISU play for the arena?

I have serious doubts that this guy is either a) independently wealthy enough to do everything needed here at CCFC or b) fully independent of SISU.
Click to expand...
Based on
 
B

Brighton Sky Blue

Well-Known Member
  • Nov 16, 2022
  • #262
Sky Blue Harry H said:
Worth the gamble to hold until the summer don't you think? Burnley aside, it's an average league this season. If we keep the team intact (maybe a signing or two?_ and we'd have a fighting chance of a tilt for the play offs, and the second place isn't impossible.
Click to expand...

I suppose in his mind he'll worry about staying here till the summer then getting some kind of injury or loss of form that costs him a move. Looking at it from his perspective, it wouldn't make much sense to stay if you were getting the right offers already.
 

no_loyalty

Well-Known Member
  • Nov 16, 2022
  • #263
KenilworthSkyBlue said:
Yeah it feels like this is just a move to force hands and call bluffs. If the stadium does end up in MA's hands will the talks regarding the takeover suddenly 'break down.'
Click to expand...

This is a worry that Sisu are just using this guy, probably already mates with Joy.
 

Nick

Administrator
  • Nov 16, 2022
  • #264
My thinking is that they knew Ashley was going to be in for the club after the stadium with the council standing behind him.

They have taken the club option away from him so it means Ashley is going to be buying a stadium with potentially no football club. I wouldn't be surprised if they have said the club will be moved if Ashley takes over it.

Leaves Ashley with an empty stadium.

They then hope Ashley pulls out or cuts them in.
 
Reactions: SBQuin, ccfcchris, duffer and 3 others

Robinshio

Well-Known Member
  • Nov 16, 2022
  • #265
Just on cwr now. Eakin Bit of background long term fan etc. a new start securing home in Coventry.
 

David O'Day

Well-Known Member
  • Nov 16, 2022
  • #266
Alkhen said:
Is it though? Says Doug King not the Hedge fund he leads. Fingers crossed he's just a rich fecker who wants a new hobby
Click to expand...

The reports talk more of his other businesses so it does sound like it's a personal deal and not a deal via his fund
 
Reactions: Alkhen

slowpoke

Well-Known Member
  • Nov 16, 2022
  • #267
ccfc922 said:
So, this is 100% that he has 85% regardless of the stadium situation?
Click to expand...
Subject to EFL approval.
 

Liquid Gold

Well-Known Member
  • Nov 16, 2022
  • #268
Sky Blue Harry H said:
Vik just put a header over in the 44th minute. Mexican commentary just said something like Covenree
Click to expand...
Mackems are massive, turn up everywhere.
 
B

Brighton Sky Blue

Well-Known Member
  • Nov 16, 2022
  • #269
The Philosopher said:
Yeah,

When you put it like that.

(puts beer back in fridge).
Click to expand...

It leads me to think one of a few things

1. Ashley really was never interested in the club

2. He was, but SISU didn't want to relinquish all control or wanted more than he thought it was worth.

Even when they're finally pissing off they still can't do it right.
 

Perryccfc

Well-Known Member
  • Nov 16, 2022
  • #270

RCMA Group's King on the Commodity Challenges for a Global Recovery

RCMA Group Chairman Doug King speaks with Bloomberg's Alix Steel and Guy Johnson about the massive increase in global food prices and the reduced stock of oil on "Bloomberg Markets:". (Source: Bloomberg)
www.bloomberg.com

Don’t know why, just don’t like the fibre of his fabric
 

Nick

Administrator
  • Nov 16, 2022
  • #271
slowpoke said:
Subject to EFL approval.
Click to expand...

What is Big Mike now thinking?
 
Reactions: Skyblueweeman

ccfc922

Well-Known Member
  • Nov 16, 2022
  • #272
slowpoke said:
Subject to EFL approval.
Click to expand...

Yeah, but they won't reject, SISU will sue them.
 
K

KenilworthSkyBlue

Well-Known Member
  • Nov 16, 2022
  • #273
Nick said:
My thinking is that they knew Ashley was going to be in for the club after the stadium with the council standing behind him.

They have taken the club option away from him so it means Ashley is going to be buying a stadium with potentially no football club. I wouldn't be surprised if they have said the club will be moved if Ashley takes over it.

Leaves Ashley with an empty stadium.

They then hope Ashley pulls out or cuts them in.
Click to expand...

This is what concerns me also.
 
Reactions: no_loyalty

Liquid Gold

Well-Known Member
  • Nov 16, 2022
  • #274
Nick said:
What is Big Mike now thinking?
Click to expand...
"I wonder how many curries I can fit in a helicopter"?
 
Reactions: duffer, Skyblueweeman, SBT and 1 other person

Mcbean

Well-Known Member
  • Nov 16, 2022
  • #275
Deleted member 5849 said:
Waiting to find out that Doug King's company basically owns a field in Fenny Compton
Click to expand...

It’s a field just south of Stratford with a green factory - all sustainable food to come in cardboard boxes
 

Sky Blue Pete

Well-Known Member
  • Nov 16, 2022
  • #276
Happy_Martian said:
Similar quotes from both parties. This one that I paraphrased was from Joy

" The sale of the CBS Arena does provide short term uncertainty and with Doug on board we intend to set out a robust bid for the stadium which, if successful, will provide a platform for long-term success. "
Click to expand...
Yeah 15% sisu and 85% non sisu
 
Reactions: the rumpo kid

Flying Fokker

Well-Known Member
  • Nov 16, 2022
  • #277
BackRoomRummermill said:
All the experts bullshite on the other thread -you know who you are
Click to expand...
BackRoomRummermill said:

NEWS: Local businessman to acquire majority stake in Coventry City Football Club

SISU Capital Ltd, the owners of Coventry City Football Club, has agreed – subject to EFL approval – to sell a majority stake in the football club to local businessman, Doug King, who will take an 85% share.
t.co
Click to expand...
That is an encouraging press release.
 
B

Brighton Sky Blue

Well-Known Member
  • Nov 16, 2022
  • #278
Nick said:
My thinking is that they knew Ashley was going to be in for the club after the stadium with the council standing behind him.

They have taken the club option away from him so it means Ashley is going to be buying a stadium with potentially no football club. I wouldn't be surprised if they have said the club will be moved if Ashley takes over it.

Leaves Ashley with an empty stadium.

They then hope Ashley pulls out or cuts them in.
Click to expand...

He would surely have offered them whatever the Oil King has? Just looks like a massive open goal missed.
 

slowpoke

Well-Known Member
  • Nov 16, 2022
  • #279
Deleted member 5849 said:
Waiting to find out that Doug King's company basically owns a field in Fenny Compton
Click to expand...
Well at least there’s somewhere to build our new stadium.
 

GIMOC

Well-Known Member
  • Nov 16, 2022
  • #280
RMCA same address as SISU. More I think about it, the more this is not as good as first thought
 
Reactions: CV22SBA and no_loyalty
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