Doug King Takeover (39 Viewers)

[shepardo01]

 

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[eastwoodsdustman]

How about now?

Nearly. Another 5 minutes

 

[Senior Vick from Alicante]

Timing is very curious.

Could be SISU playing mind games to try and force MA hand?

 

[Sky Blue Pete]

CCFC statement quotes Joy saying he's going for 85% stake so that frees up SiSu to bid for the stadium

Mmmmm not sure it does

“We have made it a priority – and one of our first acts as majority owners – to submit a bid to acquire the CBS Arena. We are keen to meet with Coventry City Council representatives and others as soon as possible to set out our vision – which includes the regeneration of the area

Might be 2 weeks too late but @shmmee using the language you’ve wanted

 

[CovLis86]

Don't know whether to be excited, terrified, furious, horny, laughing, crying.

When does the plain English of what is happening to our club actually come out.

 

[EalingSB]

Isn’t Richard Overson based over Stratford way? Wonder if he is involved too.

 

[Happy_Martian]

Put CWR on for the inevitable wall to wall, in depth coverage. The fucking Beegees playing.

Gilbo will be on the morning show around 7.30ish I guess. That's where he's appeared for every other step of this journey.

 

[chiefdave]

CCFC statement quotes Joy saying he's going for 85% stake so that frees up SiSu to bid for the stadium

Doesn't the 'we' mean Coventry City rather than SISU?

 

[shmmeee]

Is doug king the guy that’s actually behind the Ricoh takeover - Ashley is only thought to be the guy

No. Because he says he hasn’t made a bid yet.

This club man. Who needs any other entertainment?

 

[Robinshio]

Wasps gone. Sisu gone. Council on thin ice. Surely villa next

 

[AOM]

Trying to work out if Doug King is an anagram of Dale Evans...

 

[BackRoomRummermill]

Don't know whether to be excited, terrified, furious, horny, laughing, crying.

When does the plain English of what is happening to our club actually come out.
[/QUOT

All the above - Cov going to the prem SHIT ON THE VILLA !

 

[The Philosopher]

I wonder if he’ll rename the stadium?

Something fitting with it being an old power station?

King Power? Oh. Hang on.

 

[Yorkshire SB]

Beers lads. Debt free, he’s a Cov fan. Can’t be any worse

 

[nicksig]

It says the club is in a late bid to buy the stadium. I thought Ashley was the preferred bidder? I have to admit to not understanding wtf is going on

 

[torchomatic]

Put CWR on for the inevitable wall to wall, in depth coverage. The fucking Beegees playing.

Tragedy.

 

[chiefdave]

Will be interesting to see the council response, this pretty much removes SISU (is the minority stake retained on the basis the new owner will buy them out on promotion as a means of them getting a return?), removes any we're building a new stadium rubbish and promises regeneration in the area if the club gets ownership of the stadium.

That's pretty much every reason that has been given for the council not being exactly cooperative with the club removed isn't it?

 

[torchomatic]

I'm defo WFH tomorrow now.

 

[lordy_87]

To soon to crack a beer?

Hahahaha the avatar

 

[torchomatic]

Presumably Fisher will be off?

 

[ceetee]

Put CWR on for the inevitable wall to wall, in depth coverage. The fucking Beegees playing.

They appeal to their regular listeners, not CCFC fans who only tune in once in a sky blue moon

 

[HuckerbyDublinWhelan]

No. Because he says he hasn’t made a bid yet.

This club man. Who needs any other entertainment?

i wonder if Ashley has been spooked by the bond holders

 

[Happy_Martian]

Mmmmm not sure it does

“We have made it a priority – and one of our first acts as majority owners – to submit a bid to acquire the CBS Arena. We are keen to meet with Coventry City Council representatives and others as soon as possible to set out our vision – which includes the regeneration of the area

Might be 2 weeks too late but @shmmee using the language you’ve wanted

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. "

 

[wingy]

How many billions has he got?

Cleaned up on shorting oil just as the pandemic hit don't know what value.

 

[BackRoomRummermill]

 

[clint van damme]

Thought you were taking the piss

Douglas Richard John KING personal appointments - Find and update company information - GOV.UK

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

You'd have thought he would have bid for the blades

 

[Macca1987]

So my thoughts
The day before the court case SISU sell the club (or majority share) this scuppers any way of Ashley getting the club, he then pulls out of the CBS Arena leaving it open for SISU to pick it up

 

[Covkid1968#]

He is giving Joy credit for the upturn in fortunes… and Joy seems very pleased to be handing it over…

The Queen is dead…. Long live the King!!

Completely out the Sky Blue !!!

 

[Robinshio]

Debt free. Who needs to sell ? Eieieio

 

[shepardo01]

Will be interesting to see the council response, this pretty much removes SISU (is the minority stake retained on the basis the new owner will buy them out on promotion as a means of them getting a return?), removes any we're building a new stadium rubbish and promises regeneration in the are if the club gets ownership of the stadium.

That's pretty much every reason that has been given for the council not being exactly cooperative with the club removed isn't it?

....there is still a 15% chance for hell not to freeze over
That us probably still enough for CCC I worry...
This HAS blindsided CCC by the way

 

[Evo1883]

What the fuck

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.

www.ccfc.co.uk

Do basically we have a new owner , is it finally over ?

 

[Broken Hearted Sky Blue]

How about now?

Not yet……,go on then

 

[Pezza]

Timing is VERY interesting, if Ashley ever had a plan to buy the club then this puts the kibosh on that... he may even pull out of stadium purchase?

 

[lordy_87]

Eieieio up the football league we go when we get promotion this is what we'll sing we are city we are city doug king is our king

 

[Liquid Gold]

TELL US WHAT ROBINS' TRANSFER BUDGET IS