Doug King Takeover (64 Viewers)

[MalcSB]

That’s how I see it. Absorption of the debts that SISU have ascribed to CCFC into his portfolio. Possibly then using own funds to clear HMRC.

OSB / @MalcSB is that how you see it?

I would take a simple view. Who is buying the stake, is it DK or his company? Everybody says it is MA who has bought the arena, but it is actually House of Fraser. Who was the over whelming majority of the football clubs debt owed to? Sisu - in years of added interest on a relatively small amount of initial investment.

I don’t see it as needing to be any more complicated than DK or his company paying Sisu a sum of money sufficient to erase the “internal” debt, or 85% of it, in return for an 85% share of the football club. Sisu hang on to 15% so they can get some reward if the club ever gets to the Premiership. Sisu’s investors get some money back now, the club doesn’t continually paying interest on debt predominantly made up of previous years interest. Wouldn’t that alone improve their on paper financial position?

DK or his company will want a return on the investment which would be pretty significant if we get to the PL. That’s what any business would want. There are some non tangible benefits of being associated with a well performing football club.

I will probably get shot down in flames for being simplistic, but I genuinely don’t things always have to be over complicated or conspiratorial.

 

---

[MalcSB]

Brighton and Ho...

Ah forget it!

That a three way share, don’t forget Albion

 

[SkyblueDad]

I wonder how much media work he has done before - it’s not easy. I didn’t see any problems with what he said, or the way he delivered it. Give the guy a break and the benefit of the doubt. We all wanted Sisu to sell, which on the face of it they have done, and still we aren’t satisfied. Who were we hoping for, Jeff Bezos or Elon Musk?

Well Bezos is giving away most of his £250 billion so you never know.

 

[MalcSB]

Sisu have sold to Sisu, at least Joy knew to keep her nose out of the playing side, i get the impression this guy is gong to be far too involved.

I doubt he will sit in the dugout.

 

[Otis]

I doubt he will sit in the dugout.

I thought it was supposed to be Doug in?

 

[SkyblueDad]

I would take a simple view. Who is buying the stake, is it DK or his company? Everybody says it is MA who has bought the arena, but it is actually House of Fraser. Who was the over whelming majority of the football clubs debt owed to? Sisu - in years of added interest on a relatively small amount of initial investment.

I don’t see it as needing to be any more complicated than DK or his company paying Sisu a sum of money sufficient to erase the “internal” debt, or 85% of it, in return for an 85% share of the football club. Sisu hang on to 15% so they can get some reward if the club ever gets to the Premiership. Sisu’s investors get some money back now, the club doesn’t continually paying interest on debt predominantly made up of previous years interest. Wouldn’t that alone improve their on paper financial position?

DK or his company will want a return on the investment which would be pretty significant if we get to the PL. That’s what any business would want. There are some non tangible benefits of being associated with a well performing football club.

I will probably get shot down in flames for being simplistic, but I genuinely don’t things always have to be over complicated or conspiratorial.

They do say though the quickest way to become a millionaire is for a multi-millionaire to buy a football club.

 

[MalcSB]

They do say though the quickest way to become a millionaire is to buy a football club for a few million.

Michael Knighton would have made a fortune if he could have completed his Man Utd buyout, so there could be exceptions to the rule. All a question of timing.

 

[shmmeee]

I doubt he will sit in the dugout.

The headlines would write themselves.

 

[Covkid1968#]

I would take a simple view. Who is buying the stake, is it DK or his company? Everybody says it is MA who has bought the arena, but it is actually House of Fraser. Who was the over whelming majority of the football clubs debt owed to? Sisu - in years of added interest on a relatively small amount of initial investment.

I don’t see it as needing to be any more complicated than DK or his company paying Sisu a sum of money sufficient to erase the “internal” debt, or 85% of it, in return for an 85% share of the football club. Sisu hang on to 15% so they can get some reward if the club ever gets to the Premiership. Sisu’s investors get some money back now, the club doesn’t continually paying interest on debt predominantly made up of previous years interest. Wouldn’t that alone improve their on paper financial position?

DK or his company will want a return on the investment which would be pretty significant if we get to the PL. That’s what any business would want. There are some non tangible benefits of being associated with a well performing football club.

I will probably get shot down in flames for being simplistic, but I genuinely don’t things always have to be over complicated or conspiratorial.

Stop that now… you will scare off all the creative conspiracy theorists!!!

 

[hill83]

I’m not celebrating this yet. Need to see more first. But equally I’m not instantly going straight into “he’s Sisu” etc.
Lets see what happens, it’s Groundhog Day on here, same thing on every conceivable topic.

If I was going to stick my neck out though, the EFL won’t approve the bid and he’ll skip off into the night, hair flowing.

 

[Deleted member 5849]

Who were we hoping for, Jeff Bezos or Elon Musk?

Elon Musk would have sacked Robins and co. as inefficiencies, and then insisted the players played 150 minutes per game.

 

[Grendel]

Where is Ashley based?

In the pub mostly

 

[mark82]

I’m not celebrating this yet. Need to see more first. But equally I’m not instantly going straight into “he’s Sisu” etc.
Lets see what happens, it’s Groundhog Day on here, same thing on every conceivable topic.

If I was going to stick my neck out though, the EFL won’t approve the bid and he’ll skip off into the night, hair flowing.

EFL will approve. Not sure what grounds they could reject on.

 

[thekidfromstrettoncamp]

For the attention of Doug King .Thanks for the takeover . There are a few things i would like to see happen one is far better marketing of the club starting from the shop (always shortages ). The advertising of games would help bet nine out ten people living in Coventry could not tell you when the next home game is.There are two big boards either side of the r/o one electronic by the ground and one Wasps used to use on the otherside not once have i ever seen an advert in all the time Sisu have been here.
The second is get rid of the insane gap between the two group of supporters and make the great atmospere even better.Third reduce the price of the A grade games we are in the championship we don't have M U or the Pool rolling up so why charge £33 for Bristol City.
Why not if possible offer a deal for the two Christmas games for £50? Let get the CBS rocking even more.

 

[Nick]

For the attention of Doug King .Thanks for the takeover . There are a few things i would like to see happen one is far better marketing of the club starting from the shop (always shortages ). The advertising of games would help bet nine out ten people living in Coventry could not tell you when the next home game is.There are two big boards either side of the r/o one electronic by the ground and one Wasps used to use on the otherside not once have i ever seen an advert in all the time Sisu have been here.
The second is get rid of the insane gap between the two group of supporters and make the great atmospere even better.Third reduce the price of the A grade games we are in the championship we don't have M U or the Pool rolling up so why charge £33 for Bristol City.
Why not if possible offer a deal for the two Christmas games for £50? Let get the CBS rocking even more.

Wrong, there has been an advert,.

 

[hill83]

EFL will approve. Not sure what grounds they could reject on.

I was thinking more along the lines of a conspiracy theory that he doesn't want the club now he hasn't got the ground, so will go in and shit on their desk or something.

 

[ccfc922]

EFL will approve. Not sure what grounds they could reject on.

Have they said when the EFL approval meeting will be?

 

[The Philosopher]

Have they said when the EFL approval meeting will be?

If there’s a deadline he’ll turn up 2 weeks late and be shocked he hasn’t been successful

 

[itsabuzzard]

I was thinking more along the lines of a conspiracy theory that he doesn't want the club now he hasn't got the ground, so will go in and shit on their desk or something.

That'll learn them.

Sent from my MAR-LX1A using Tapatalk

 

[clint van damme]

I was thinking more along the lines of a conspiracy theory that he doesn't want the club now he hasn't got the ground, so will go in and shit on their desk or something.

No pillowcase in the hotel is safe

 

[thekidfromstrettoncamp]

Wrong, there has been an advert,.

Come by quite often never seen one. Point still stands we don't sell ourselves enough.

 

[Johnnythespider]

What must the rest of football think when they see the mad hatters at the front of a video lol

Probably the same as us, "they look like they'd argue with a kid if he sat in their bus seat"

 

[Speedies_Chips]

For the attention of Doug King .Thanks for the takeover . There are a few things i would like to see happen one is far better marketing of the club starting from the shop (always shortages ). The advertising of games would help bet nine out ten people living in Coventry could not tell you when the next home game is.There are two big boards either side of the r/o one electronic by the ground and one Wasps used to use on the otherside not once have i ever seen an advert in all the time Sisu have been here.
The second is get rid of the insane gap between the two group of supporters and make the great atmospere even better.Third reduce the price of the A grade games we are in the championship we don't have M U or the Pool rolling up so why charge £33 for Bristol City.
Why not if possible offer a deal for the two Christmas games for £50? Let get the CBS rocking even more.

Did you write that in the belief that he is going to read it or are you just using this thread to tell us what you'd like to see happen?

 

[COVKIDSNEVERQUIT]

One of the first things Doug King should do is get rid of that buffoon Tim Fisher.

 

[Deleted member 5849]

One of the first things Doug King should do is get rid of that buffoon Tim Fisher.

He's one of our most successful chairmen ever.

And also a big draw for Robins being here.

 

[SkyblueDad]

One of the first things Doug King should do is get rid of that buffoon Tim Fisher.

He might be a significant part in all this takeover business.

 

[covcity4life]

What's Doug said that's so wrong?

 

[skybluetony176]

Where is Ashley based?

He has shops in Coventry and Warwickshire so clearly he’s a local business man

 

[Deleted member 5849]

What's Doug said that's so wrong?

He's a massive fan of fox hunting and other blood sports, has an enormous collection of Nazi memorabilia, and is building up framed photos of Villa players to dot around the training ground as inspiration.

 

[Matt smith]

What's Doug said that's so wrong?

Being heavily involved in recruitment latest article In cet

fine line that is

leave that to badlan and MR

 

[TomS91]

Where is Ashley based?

He certainly used to live in Totteridge in North London a few years ago and a regular in the Orange Tree pub. Not sure if he's moved since then though.

 

[Hobo]

Sisu have sold to Sisu, at least Joy knew to keep her nose out of the playing side, i get the impression this guy is gong to be far too involved.

He will be the only one allowed to text for a sub

 

[shmmeee]

Being heavily involved in recruitment latest article In cet

fine line that is

leave that to badlan and MR

Not read the CT article but the ITV interview it sounded more like he was saying that’s something we do well so hopefully he’ll let them crack on and just have an interest as an “analytics guy”

 

[thekidfromstrettoncamp]

Did you write that in the belief that he is going to read it or are you just using this thread to tell us what you'd like to see happen?

I would hope in trying to get to grips with the club he would want to know the views of fans and where better.Some of these things i have aired before on other threads

 

[covcity4life]

He's a massive fan of fox hunting and other blood sports, has an enormous collection of Nazi memorabilia, and is building up framed photos of Villa players to dot around the training ground as inspiration.

But other than that?