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Doug King Takeover

25mill baby


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Look il be honest I have no idea what to think .

I'm just going to see what happens today in court , a place where sisu smash people
Yeah this could easily all be over by the end of the morning and this bid dead in the water. I don’t really care who gets it if they can unite club and stadium.
 
I mean it all seems surreal, yet pretty clear they can buy the stadium and at a better cost than what ashely has bid too ..won't look good on the administator or the council (who let's be honest have a finger in it ) if they flat out say no



.......and sell Gyo, Hamer and O'Hare to pay for it
 
I also don't want to point out the painful obvious as it's probably not the best time , but I'm going to .


This proves the new stadium was a load of shit , which we all knew
They can get out of that though, as it's a new owner who decides they want CBS, not SISU.

SISU would still head for the new stadium, right?
 
He

hasn't paid anything as yet, he's just reached an agreement. (That's my understanding)
My guess is the agreement "could" depend on him securing the Arena. If he fails to secure the Arena then all bets may be off.
Can’t help but feel that’s the actual plan. MA is successful in court today, buys ACL straight out of admin, Doug pulls out, SISU blame council, back to court.
 
Maybe Sisu will keep Ryton as part of the deal and sell it for houses.
 
The best case scenario is that the bid is unsuccessful, and the £25m is used as a January warchest to get us to the Prem... right... Doug... why you running away???
 
tbh it's exactly why I wouldn't be 100% confident that Ashley's deal would go through either. Every chance he could get difficult after finding out the true state of affairs, isn't there.

But yeah '£25 mil, look at me with my £25 mil!'

I might be wrong but I got the impression from comments on here /Gilbert that Ashley’s deal would be immediate if (and it’s now a big IF) court sanctions administration/sale today
 
I might be wrong but I got the impression from comments on here /Gilbert that Ashley’s deal would be immediate if (and it’s now a big IF) court sanctions administration/sale today
Alright, let's go back to the Doug King's offer reduced to £10mil after due dilligence ;)
 
I think this could be the 2nd offer to the bondholders. Can't see any reason why ACL should be put into liquidation.

Trustee has enough time now to arrange a proper sale of ACL being the secured creditor over everyone else.

I believe that's correct.
 
I also don't want to point out the painful obvious as it's probably not the best time , but I'm going to .


This proves the new stadium was a load of shit , which we all knew

We all knew, and were all delighted

 
Super super
Maybe he's trying to get a song going

Super, super doug
Super, super, super Doug
You'll be first to pull the rug
You say you've the money, oh King of Shaves
You must think we live in caves

Super, super, super Doug
We roll our eyes and give a shrug
Sounds more like you're a SISU puppet
So go jog on, you super f*cking super Muppet. 🤪

Something like that?
 

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