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Doug King Takeover (6 Viewers)

  • Thread starter jackdg
  • Start date Nov 16, 2022
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mark82

Super Moderator
  • Nov 16, 2022
  • #281
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...

You're full of joy tonight.
 

no_loyalty

Well-Known Member
  • Nov 16, 2022
  • #282
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...

I agree, Sisu won’t just disappear.
 

Liquid Gold

Well-Known Member
  • Nov 16, 2022
  • #283
Maybe Mike wants to wait and see if he can deal with his brother Burger
 

Briles

Well-Known Member
  • Nov 16, 2022
  • #284
Liquid Gold said:
"I wonder how many curries I can fit in a helicopter"?
Click to expand...

Insert inappropriate basketball related helicopter joke
 
Reactions: ccfcrob

Balli001

Well-Known Member
  • Nov 16, 2022
  • #285
slowpoke said:
Subject to EFL approval.
Click to expand...
I imagine they will be delighted to get rid of SISU!
 

WestEndAgro

Well-Known Member
  • Nov 16, 2022
  • #286
 

SHUNT31

Well-Known Member
  • Nov 16, 2022
  • #287
I’m sure an equity bid will mean having a share of the arena. For instance they will acquire 50% equity. That’s how I read it.
 

Robinshio

Well-Known Member
  • Nov 16, 2022
  • #288
no_loyalty said:
I agree, Sisu won’t just disappear.
Click to expand...
Keeping minority share for when we are sold for £500m
 
Reactions: Londonccfcfan

SHUNT31

Well-Known Member
  • Nov 16, 2022
  • #289
Liquid Gold said:
my reading of 'equity bid' is that they are trying to get a portion of the stadium in tandem without someone else. Could still be Ashley.
Click to expand...

Just posted the same and then saw this. I read it as that also.
 

Perryccfc

Well-Known Member
  • Nov 16, 2022
  • #290
 
B

Brighton Sky Blue

Well-Known Member
  • Nov 16, 2022
  • #291
mark82 said:
You're full of joy tonight.
Click to expand...

So's the King
 
E

ericagradus

Member
  • Nov 16, 2022
  • #292
Looking at Doug King in more detail, there is lots of reference to him being Director and Chief exec. And his professional role has been fund manager. So the guy 'knows what he is doing with investment' but what is more encouraging is his personal situation, a quick look on companies house and he is not just director of the King of Shaves, but the shareholder. So the guy has ££££ and I haven't even looked at his interest in other companies
 
Reactions: Sky Blue Pete

Nick

Administrator
  • Nov 16, 2022
  • #293
GIMOC said:
RMCA same address as SISU. More I think about it, the more this is not as good as first thought
Click to expand...
Which address?
 
W

wingy

Well-Known Member
  • Nov 16, 2022
  • #294
How does an equity bid work .
Is it basically a share of the asset?
 

SHUNT31

Well-Known Member
  • Nov 16, 2022
  • #295
Nick said:
Some of the strange council accounts on Twitter aren't happy.

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

Is Chris Hatfield a real person?
 

Bernie Rhodes Nose

Well-Known Member
  • Nov 16, 2022
  • #296
Skyblueweeman said:
Fucking.

Hell.

I've been worried about my concentration levels at work the last couple of weeks. As I'm playing football tonight, I'm going to have about 50 pages to catch up on tomorrow!

Is it 1st April???
Click to expand...
It will when you get through those pages.
 
Reactions: Skyblueweeman and Sky Blue Harry H

Gynnsthetonic

Well-Known Member
  • Nov 16, 2022
  • #297
SHUNT31 said:
Is Chris Hatfield a real person?
Click to expand...
No he's a c**t
 
Reactions: Saddlebrains

Nick

Administrator
  • Nov 16, 2022
  • #298
ericagradus said:
Looking at Doug King in more detail, there is lots of reference to him being Director and Chief exec. And his professional role has been fund manager. So the guy 'knows what he is doing with investment' but what is more encouraging is his personal situation, a quick look on companies house and he is not just director of the King of Shaves, but the shareholder. So the guy has ££££ and I haven't even looked at his interest in other companies
Click to expand...

Yeah says this

Ownership of shares – More than 25% but not more than 50%
 
W

wingy

Well-Known Member
  • Nov 16, 2022
  • #299
ericagradus said:
Looking at Doug King in more detail, there is lots of reference to him being Director and Chief exec. And his professional role has been fund manager. So the guy 'knows what he is doing with investment' but what is more encouraging is his personal situation, a quick look on companies house and he is not just director of the King of Shaves, but the shareholder. So the guy has ££££ and I haven't even looked at his interest in other companies
Click to expand...
And he was the founder of the LLP fund management.
 

covcity4life

Well-Known Member
  • Nov 16, 2022
  • #300
Apparently Doug king changed his name from Joe dhinsa 10 years ago
 
Reactions: pusbccfc, Tile Hill Phil, SkyBlue_Bear83 and 2 others

Nick

Administrator
  • Nov 16, 2022
  • #301
SHUNT31 said:
Is Chris Hatfield a real person?
Click to expand...
Fuming isn't he.
Wasps fan.
Mouth breather.
 
Reactions: AStonesThrow
S

Super Graham Withey

Well-Known Member
  • Nov 16, 2022
  • #302
'If the bid is successful, it would ensure the Sky Blues remain able to play home games in the city and is the only bid which can make this long-term guarantee'

I hope the EFL are taking note of this threat
 
Reactions: djr8369, SkyBlue_Bear83, wingy and 1 other person
R

rexo87

Well-Known Member
  • Nov 16, 2022
  • #303
GIMOC said:
RMCA same address as SISU. More I think about it, the more this is not as good as first thought
Click to expand...
A lot of Co's have their registered address as their accountants I believe

Sent from my SM-G991B using Tapatalk
 
Reactions: Happy_Martian and GIMOC

GIMOC

Well-Known Member
  • Nov 16, 2022
  • #304
Nick said:
Which address?
Click to expand...
 

Attachments

  • 43B69252-1639-4A87-A691-0802BBC2E388.jpeg
    276.3 KB · Views: 86

Nick

Administrator
  • Nov 16, 2022
  • #305
Super Graham Withey said:
'If the bid is successful, it would ensure the Sky Blues remain able to play home games in the city and is the only bid which can make this long-term guarantee'

I hope the EFL are taking note of this threat
Click to expand...

What threat?
 

skybluepm2

Well-Known Member
  • Nov 16, 2022
  • #306
Gobsmacked! The murmurings and snippets we’ve had in the past couple of months on here and in the media, actually had credibility it’s only ever so slightly annoying that SISU are still hanging around like a corpse’s fart, but with only 15% control I’d imagine they will have very little say in how the club is run moving forward.

I’m surprised how King’s name hasn’t once been mentioned, which is undoubtedly a good thing whilst the negotiations have taken place behind closed doors. No more Joy, hopefully no more from that sniveling ratbag, Fisher, and allegedly clear of debt. Those points alone make this a monumental day in our proud history.

Irrespective of the ground situation, I hope the takeover can be rubber stamped in the near future, to enable the feel good factor to continue when we get back up and running again, before moving on to January where he sploshes £50m of intent and ties down Vik, Gus and O’Hare on 7 year deals. Details of personal wealth will arise soon and will give us an indication as to whether or not he’s able to mix it with the big boys. Here’s hoping!

The timing of the announcement is deliberate without doubt, and I’m sure is aligned to ruffling a few feathers and throwing a curve ball in Ashley’s direction tomorrow.

They say good things come in 3’s; new ownership today, stadium tomorrow, promotion in May

Looking forward to reading each and every one of the posts and Hill’s GIF’s on another 300+ thread. We deserve this moment, enjoy it you bloody legends!!

Long live the King! PUSB
 
Reactions: AStonesThrow, Finham, Hutch11 and 2 others

Nick

Administrator
  • Nov 16, 2022
  • #307

It says Pall Mall on all the ones I can see, like Monopoly.
 
W

wingy

Well-Known Member
  • Nov 16, 2022
  • #308
wingy said:
How does an equity bid work .
Is it basically a share of the asset?
Click to expand...
Does that mean he'd be hooking up with Ashley to win it tomorrow?
 
E

ericagradus

Member
  • Nov 16, 2022
  • #309
Perryccfc said:
View attachment 27288
Click to expand...
247 companies use this serviced office as a registered address for companies house
 
Reactions: Sky Blue Pete and Happy_Martian

skybluetony176

Well-Known Member
  • Nov 16, 2022
  • #310
What a night to get in late from work.

Also. WTAF!
 
Reactions: djr8369, Skyblueweeman, Sky Blue Pete and 5 others

Liquid Gold

Well-Known Member
  • Nov 16, 2022
  • #311
SHUNT31 said:
Just posted the same and then saw this. I read it as that also.
Click to expand...
Could easily be

"we want 50% stake, the bowl of the arena, ownership of an office and club shop and use of all corporate and hospitality on match days, you get the exhibition hall the casino and the hotel plus concerts in the summer and regeneration of additional businesses."

Could work for them and another party and as it's under the same ownership structure then the complex being all joined up doesn't't affect things.

I still think Big Mike ends up owning it though as I don't think he gives up easily - although he did give up at Derby when they eventually made it too difficult.
 
Reactions: ccfcrob
C

CCFCSteve

Well-Known Member
  • Nov 16, 2022
  • #312
SHUNT31 said:
I’m sure an equity bid will mean having a share of the arena. For instance they will acquire 50% equity. That’s how I read it.
Click to expand...

I agree that an equity bid suggests an offer to buy ACL solvently which could potentially take the court out of the equation ie court not willing to pass judgement tomorrow/possible adjournment maybe. Who knows. Taking the stadium on with 35m of bondholder debt attached to it doesn’t really make sense though

Let’s see how tomorrow plays out…interesting times
 
Reactions: wingy
C

coop

Well-Known Member
  • Nov 16, 2022
  • #313

RCMA Capital LLP - Company Profile - Endole

RCMA Capital LLP is an active company located in London, Greater London. View company profile, shareholders, contacts, financials, industry and description.
suite.endole.co.uk
 

David O'Day

Well-Known Member
  • Nov 16, 2022
  • #314
RCMA are in Pall Mall according to this and not Kensington High Street

RCMA CAPITAL LLP overview - Find and update company information - GOV.UK

RCMA CAPITAL LLP - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity
find-and-update.company-information.service.gov.uk
 
B

Brighton Sky Blue

Well-Known Member
  • Nov 16, 2022
  • #315
Super Graham Withey said:
'If the bid is successful, it would ensure the Sky Blues remain able to play home games in the city and is the only bid which can make this long-term guarantee'

I hope the EFL are taking note of this threat
Click to expand...

If Ashley gets the stadium they pull the club out again?
 
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