I can think of viable reasons to retain a minority share - none of them suspicious
And why should anyone outside of the parties involved be made aware of "what money is changing hands"
And why should anyone outside of the parties involved be made aware of "what money is changing hands"
Not much really
Saying he can bring 2 in but waiting on green light for takeover to know about more.
The same reason our friends in the NE still have Stewart Donald as a minority shareholder. Doesn't cost a great deal, but great financial rewards if the share is sold following promotion.
The King deal has always seemed a little bit fishy to me. Why now? Why not 6 months ago? I still think Sisu are trying to push the price up and hoping Ashley bites. But like everything they touch it’s all falling apart. I could be wrong but something doesn’t stack up
Well they presumably wanted to see if they had any chance of bagging the stadium on the cheap and once a billionaire arrived on the scene, that disappeared
It's unlikely that he'd have the ultimate say on.player sales. Possibly more a line in the sand so that if SISU decide to cash in, he's off-ski.
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Yeah, there's zero chance of us moving to Northampton. Zero chance of me getting a decent Christmas present or a pay rise, zero chance of this board being half-sane.
It's a turn of phrase is all, not an absolute this is what will happen!
What you would hope is that Doug King will have an 'agreement' with SISU that our 'stars' stay put in the interim.
a tenant to a group that could be potentially buying a rival club
Missed that bit - which club is that?
Edit: just saw the Sheff Utd comments.
Would be a bit weird - arguably a conflict of interest, in that he could be accused of distressing us deliberately to the advantage of Sheff Utd.
a tenant to a group that could be potentially buying a rival club
Missed that bit - which club is that?
Edit: just saw the Sheff Utd comments.
Would be a bit weird - arguably a conflict of interest, in that he could be accused of distressing us deliberately to the advantage of Sheff Utd.
Read the proposed buyer is known and it’s going to the EFL for their fit and proper investigation, get in the queue.
Ashley could use one of his other entities to buy Sheff Utd. He could also do the same with us and then have us pay an exorbitant amount of rent to Fraser Group. My hope is that there is some truth in his interest in Sheff Utd and that a successful purchase would see him agree to Fraser Group selling stadium to Doug King for a profit.
Its hard knowing who to believe but surely King easily has funds for the club if he was also going to throw 26 mil at the stadium.
I'm sure this has been done this is now beginning to look like he's a bit of a bull shitter but hope I'm wrong.
Outstanding tax bill paid, wrists have been slapped for the postponements of our three home matches, Doug King at match again Tuesday night looking “glad all over” can’t see anything left to stall this EFL decision and approval any longer so I am looking forward to a happy Christmas once again.
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Always felt to me that the King “deal” is about trying to frame the selling price of the club. This guy is willing to clear the debt for a majority share in the club so that’s the value if anyone else wants to buy it. I’ll believe the King deal is legit if and when the EFL ratify it. Until then I’ll remain sceptical.
paid weeks ago apparently
Doug King Takeover
Certainly interesting times. My question is: what happens, if anything, if the King thing hasn't been approved by the time the transfer window opens? Sent from my MAR-LX1A using Tapatalk A takeover will happen, its just a matter of who and when. I remain positive.
www.skybluestalk.co.uk
Paid yesterday according to the club.paid weeks ago apparently
Doug King Takeover
Certainly interesting times. My question is: what happens, if anything, if the King thing hasn't been approved by the time the transfer window opens? Sent from my MAR-LX1A using Tapatalk A takeover will happen, its just a matter of who and when. I remain positive.
NEWS: Coventry City complete 'Time To Pay' agreement, exiting transfer embargo
Coventry City can confirm that it has completed its ‘Time To Pay’ agreement with HMRC and will be able to exit transfer embargo.
www.ccfc.co.uk
I notice we’re still on the EFL embargo website, now joined by Cardiff. I’m guessing EFL admin doesn’t work particularly quickly, especially at this time of year.
