Doug King Takeover (4 Viewers)

[shmmeee]

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

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They have haven’t they?

The claim is the EFL have rejected the takeover.

 

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[Sky Blue Pete]

You said the club were involved until Ashley came along?

In what? Ah yep they were

 

[Sky Blue Pete]

You said the club were involved until Ashley came along?

I said I’d been told they were wanting to rather than they were

 

[rexo87]

They have haven’t they?

The claim is the EFL have rejected the takeover.

I don't think anyone's said its been rejected, otherwise we'd have heard officially. The claim is that POF have not been sufficiently provided and/or the source of the funds is under question. It's hard to see how it can then be accepted going forward

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[shmmeee]

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.

I don't think anyone's said its been rejected, otherwise we'd have heard officially. The claim is that POF have not been sufficiently provided and/or the source of the funds is under question. It's hard to see how it can then be accepted going forward

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Fucking quote system. Read bottom to top

 

[rexo87]

Fucking quote system. Read bottom to top

I don't see how something can be rejected, as it stands. It's either rejected, still in progress or accepted. I think it's still in progress but not looking promising. So I think we agree about the stage it's at lol

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[You'll Never Beat McPake]

I'm not convinced by King, arrives at 11th hour with apparently funds for stadium and team investment. Judge calls them out and Ashley bags stadium (and £M's to rectify issues with stadium). King has 48 hours of fame and bravado then ..... nothing. Turns up at 2 home games ..... nothing said, no updates. Buddy still SISU mouthpiece says its all imminent. Week later .... nothing. EFL may be paying special attention to CCFC due to 14 years of SISU shenanigans. They will not permit further embarrassment and now FG own stadium will be seeking assurance of Kings funds and commitment to stay at CBS.

 

[shmmeee]

I'm not convinced by King, arrives at 11th hour with apparently funds for stadium and team investment. Judge calls them out and Ashley bags stadium (and £M's to rectify issues with stadium). King has 48 hours of fame and bravado then ..... nothing. Turns up at 2 home games ..... nothing said, no updates. Buddy still SISU mouthpiece says its all imminent. Week later .... nothing. EFL may be paying special attention to CCFC due to 14 years of SISU shenanigans. They will not permit further embarrassment and now FG own stadium will be seeking assurance of Kings funds and commitment to stay at CBS.

Judge didn’t call him out. Ashley had exclusivity and had done due dil but Kings offer was subject to due dil. The arena couldn’t keep going while due dil was done and afterwards no guarantees the bid would have matched Ashley’s so Ashley’s was best for the creditors.

 

[Samo]

Can anyone see Ashley buying the club from King/SISU before the ink is even dry on the EFL King approval.

 

[Saddlebrains]

Can anyone see Ashley buying the club from King/SISU before the ink is even dry on the EFL King approval.

No because King isnt buying us

 

[fernandopartridge]

Frustration at it taking the time it has. And I’ve not asked the club direct just on how they’ve acted and soon hopefully

It's always a third party isn't it? Always events out of their control

 

[Samo]

No because King isnt buying us

Well you better hope someone is.

 

[skyblu3sk]

No because King isnt buying us

I hope you know this rather than stating opinion as fact otherwise you are going to look a complete bell end...

 

[Grendel]

Judge didn’t call him out. Ashley had exclusivity and had done due dil but Kings offer was subject to due dil. The arena couldn’t keep going while due dil was done and afterwards no guarantees the bid would have matched Ashley’s so Ashley’s was best for the creditors.

We don’t even know what kings offer actually is and what he’s buying and what Sisu are retaining

 

[Saddlebrains]

Well you better hope someone is.

I hope someone is. Otherwise its sayonarra Vik

 

[Matt smith]

‘Takeover imminent’

2/3 weeks later nothing

But yeah of course everything is still really on track isn’t it

 

[Sky Blue Pete]

Can anyone see Ashley buying the club from King/SISU before the ink is even dry on the EFL King approval.

No absolutely no reason to be interested

 

[shepardo01]

So now Smith is gone and there seem to be issues around the takeover, do we think this will be a test of Robins resolve!?....

 

[Sky Blue Pete]

It's always a third party isn't it? Always events out of their control

I suppose when it is it is. Our annoyance should be when it is in their control

 

[Grendel]

I suppose when it is it is. Our annoyance should be when it is in their control

Whose to blame for that?

 

[Sky Blue Pete]

Whose to blame for that?

For???? When it’s sisu it’s sisu

 

[shmmeee]

We don’t even know what kings offer actually is and what he’s buying and what Sisu are retaining

This is about the arena, we do know what that offer was cos it was in the admin report.

 

[COVKIDSNEVERQUIT]

‘Takeover imminent’

2/3 weeks later nothing

But yeah of course everything is still really on track isn’t it

I seem to remember a Mr Fisher saying something similar when we returned the Ricoh.

 

[Bad Boy]

Tis the pantomime season isn't it

 

[David O'Day]

Tis the pantomime season isn't it

why?


as per the other teams being taken over the efl now take a fair bit of time

 

[Bad Boy]

Come on D o D when you've been around as long as I have you know when things ain't what they appear.

 

[Sky Blue Harry H]

Whose to blame for that?

Your English teacher?

 

[SkyblueDad]

Sounds like we might be grateful for Mr Storey yet.

 

[Sky Blue Pete]

Sounds like we might be grateful for Mr Storey yet.

Y

 

[SkyblueDad]

That’s the trouble and possibly a danger anything and anyone to get that woman as far away from ccfc as possible.

 

[Deleted member 5849]

Storey would be CCFC's Truss to Seppala's Johnson

 

[Grendel]

This is about the arena, we do know what that offer was cos it was in the admin report.

Well we don’t really. It seems very strange someone decides to lodge a bid a day before the takeover - it was clearly an attempt to cause mischief

 

[skyblu3sk]

Why is he? For having an opinion?

if he was it would have been done by now

As I say he came across as ITK and now puts his opinion forward as fact in my eyes that would make him look like a bell end as if you are ITK unless you have hard facts you should clarify it's an opinion.

 

[Matt smith]

As I say he came across as ITK and now puts his opinion forward as fact in my eyes that would make him look like a bell end as if you are ITK unless you have hard facts you should clarify it's an opinion.

Yeah I agree with this

 

[shmmeee]

Well we don’t really. It seems very strange someone decides to lodge a bid a day before the takeover - it was clearly an attempt to cause mischief

The offer was £25m subject to due dil.

If it was an attempt to cause mischief it didn’t work very well. I imagine when the bondholders decided to drop charges any hopes were dashed anyway.

Ashley was seemingly the only serious bidder once NEC dropped out. Sisus mistake seems to have been pissing around with Storey and wasting the clubs chance to bid.