Doug King Takeover (7 Viewers)

[GIMOC]

I still don't see why the timescales are a disaster!

the club assumed as per the telegraph article that the deal was getting approved mid december. That wasn’t the case. Boddy then states ‘imminent’ for approval. Not sure what your understanding of ‘imminent’ is?

 

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[Sky Blue Pete]

means it’s looking less likely than it did 2 weeks ago. EFL asking for further details into POF. As of Wednesday. Haven’t heard anything since

We’ve heard nothing since 21/12 mmmmm

 

[shmmeee]

I was told the deal stalled post Swansea game. In essence, the info provided didn’t convince EFL to approve. Hence the ‘imminent’ approval has yet to be announced

So are you saying the EFL have rejected King? Sorry but it’s very hard to work out what you’re actually claiming.

 

[clint van damme]

I was told the deal stalled post Swansea game. In essence, the info provided didn’t convince EFL to approve. Hence the ‘imminent’ approval has yet to be announced

I have heard the issue isn't the amount of funds but the source.

 

[GIMOC]

We’ve heard nothing since 21/12 mmmmm

we’ve heard nothing since the 17th from the club unless you heard something different?

 

[GIMOC]

So are you saying the EFL have rejected King? Sorry but it’s very hard to work out what you’re actually claiming.

As it stands, yes.

 

[Grendel]

We’ve heard nothing since 21/12 mmmmm

Boddy said the deal was imminent on tbe 17th didn’t he?

 

[Ccfc1979]

Seems odd to me that no one heard ANYTHING AT ALL about King until the club’s press release the night before the ground court case. No ITK knew anything. So, why would they now know the intricate deadlines and requests of the EFL and whether the club is hiding something or not with regard to it?

 

[Grendel]

Seems odd to me that no one heard ANYTHING AT ALL about King until the club’s press release the night before the ground court case. No ITK knew anything. So, why would they now know the intricate deadlines and requests of the EFL and whether the club is hiding something or not with regard to it?

To be fair you’ve sort of answered your own question there

 

[GIMOC]

Couple of lines which people need to take into account. Robins stating before Swansea that the takeover would be announced before Christmas

 

[Saddlebrains]

I have heard the issue isn't the amount of funds but the source.

Probably because its the same source we've been funded from before just a different front

 

[rexo87]

Robins said the day before the Reading game in the long press conference on Ifollow that approval was expected on that same day (9th) or the Monday or Tuesday after. Since then we've heard nothing but 'imminent' whenever Robins or Boddy have been asked about it.

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[Sky Blue Pete]

The thing that pricked my suspicion at the very start was him being described in the press release as a local businessman. Can’t see anything anywhere to suggest that he is local. One of his business interests is based in Stratford, but that is a stretch to label him a local business man. Mike Ashley has stores all around Coventry and Warwickshire long before he purchased ACL but you wouldn’t describe him as a local businessman. As soon as I read that in the press release I smelled BS. Nothing that’s happened since has changed my mind, if anything the opposite. Until the EFL approves it he hasn’t bought jack and that has hit a rocky patch. It might happen, I really don’t know. SISU has a history of creating fog for misdirection so based on that I’ll believe it when it’s approved.

lol - so date of joining = how long of a fan I’ve been? very good. didn’t realise when joining this forum dictates how long someone been a fan for? Brilliant

Just trying to work it out, no need to take offence and no wasn’t about how long was why you joined and therefore who your source might be or why (more likely) you changed your name. Whats gimoc an anagram of?

 

[skybluetony176]

I still don't see why the timescales are a disaster!

I don’t know if disaster is the correct word but when you consider that the Gillingham takeover was announced almost two weeks after ours, was complicated from the start because it required the stadium to be used as security to obtain the necessary funding to complete the takeover and that takeover was completed just before Christmas it doesn’t point to our takeover going smoothly. Considering that the timescale at least on the surface has some relevance.

 

[Sky Blue Pete]

we’ve heard nothing since the 17th from the club unless you heard something different?

You said before West Brom game

 

[Grendel]

You said before West Brom game

he said Swansea didn’t he?

 

[Sky Blue Pete]

Robins said the day before the Reading game in the long press conference on Ifollow that approval was expected on that same day (9th) or the Monday or Tuesday after. Since then we've heard nothing but 'imminent' whenever Robins or Boddy have been asked about it.

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And they are annoyed and have asked efl to hurry up please

 

[Sky Blue Pete]

he said Swansea didn’t he?

He’s said both which is fine

 

[Sky Blue Pete]

I don’t know if disaster is the correct word but when you consider that the Gillingham takeover was announced almost two weeks after ours, was complicated from the start because it required the stadium to be used as security to obtain the necessary funding to complete the takeover and that takeover was completed just before Christmas it doesn’t point to our takeover going smoothly. Considering that the timescale at least on the surface has some relevance.

It’s definitely relevant if not resolved by January

 

[Deleted member 5849]

the club assumed as per the telegraph article that the deal was getting approved mid december. That wasn’t the case. Boddy then states ‘imminent’ for approval. Not sure what your understanding of ‘imminent’ is?

Well, 'imminent' could be any time from now until June, July, August, couldn't it.

 

[Sky Blue Pete]

Well, 'imminent' could be any time from now until June, July, August, couldn't it.

10 years

 

[Deleted member 5849]

10 years

Which came first, the new stadium or the takeover?

 

[Deleted member 5849]

I have heard the issue isn't the amount of funds but the source.

Ah, so the arms dealing and paedophile rings turned out to be an issue after all!

 

[GIMOC]

You said before West Brom game

I heard that the deal had stalled at the baggies game. which seems true considering before Swansea game it was a matter of days accordingly to robins and ‘imminent’ according to boddy

 

[Matt smith]

I heard that the deal had stalled at the baggies game. which seems true considering before Swansea game it was a matter of days accordingly to robins and ‘imminent’ according to boddy

Extremely hard to disagree with this comment here.

think the fans deserve some clarity going into the January window

 

[Sky Blue Pete]

Extremely hard to disagree with this comment here.

think the fans deserve some clarity going into the January window

From whom?
club and owners are waiting and frustrated at the delqy
Gimoc is saying he’s heard they can’t prove funds
Clint is saying not funds but where they are from (if Saudi blood money ok then don’t know wat that means)
So I’m somewhere between delay and why delay

 

[chiefdave]

I heard that the deal had stalled at the baggies game. which seems true considering before Swansea game it was a matter of days accordingly to robins and ‘imminent’ according to boddy

I've read pages of this and I still have no clue what is being claimed. From what various people at the club have said approval of the deal was expected but more information has been asked for which has now been provided

Isn't that essentially the same thing you're claiming? Has your source said the EFL have rejected the takeover or it has collapsed for any other reason

Not really something the club is going to be issuing daily updates on is it? Nobody has even heard of King until the initial statement

 

[Matt smith]

I don’t know what to believe I just want millions spunking into the team so we can bring on a substitute that is of championship level

that’s the dream

 

[Grendel]

From whom?
club and owners are waiting and frustrated at the delqy
Gimoc is saying he’s heard they can’t prove funds
Clint is saying not funds but where they are from (if Saudi blood money ok then don’t know wat that means)
So I’m somewhere between delay and why delay

Didn’t you when Ashley was having preferred bid status that the club and the owners were looking to buy the stadium and frustrated that they couldn’t see the accounts?

 

[GIMOC]

This is me thinking out loud and nothing concrete but my gut feeling reading between the lines is that POF and source is interlinked and goes back to sisu. Could be way of the mark. Only time will tell. I’m off to the pub anyway.

 

[Sky Blue Pete]

Didn’t you when Ashley was having preferred bid status that the club and the owners were looking to buy the stadium and frustrated that they couldn’t see the accounts?

Didn’t I??

 

[Grendel]

I've read pages of this and I still have no clue what is being claimed. From what various people at the club have said approval of the deal was expected but more information has been asked for which has now been provided

Isn't that essentially the same thing you're claiming? Has your source said the EFL have rejected the takeover or it has collapsed for any other reason

Not really something the club is going to be issuing daily updates on is it? Nobody has even heard of King until the initial statement

no he’s not saying that

 

[Brighton Sky Blue]

From whom?
club and owners are waiting and frustrated at the delqy
Gimoc is saying he’s heard they can’t prove funds
Clint is saying not funds but where they are from (if Saudi blood money ok then don’t know wat that means)
So I’m somewhere between delay and why delay

Well because he’s a hedge fund man the money he’s using wouldn’t be his own but that of investors-perhaps he’s had to show there’s enough to be granted over x timeframe.

 

[Grendel]

Didn’t I??

You said the club were involved until Ashley came along?

 

[rexo87]

And they are annoyed and have asked efl to hurry up please

I'm sure that will make all the difference rather than actually give them what they've asked for

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