Doug King Takeover (41 Viewers)

[Grendel]

This squad is on its arse, he better invest sharpish and stop fucking about.

Seems to be on the case already

 

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[Deleted member 5849]

League table is also a good judge of where the club is at.

League trend is a good judge, table not. Every team can have a freak season either way.

 

[COVKIDSNEVERQUIT]

That didn't work out too well for the previous owner

Yeah because you two corrupt business.

 

[sotvtoday]

Exactly, why buy the club with all the costs that are involved, just sit back and collect the money from the rent.

Because if he gets the club into the Premier League and stable he can sell for literally 100s of millions.

 

[COVKIDSNEVERQUIT]

Because if he gets the club into the Premier League and stable he can sell for literally 100s of millions.

I like your optimism, we all have dreams.

 

[coop]

I don't think he realised how much money it costs to run a football team and seems out of his depth already. Even Joy put her hand in her handbag not long after taking charge to buy Dan and Fox.

 

[itsabuzzard]

I don't think he realised how much money it costs to run a football team and seems out of his depth already. Even Joy put her hand in her handbag not long after taking charge to buy Dan and Fox.

Then he was guilty of gross negligence in his due diligence and can hardly be described as a businessman.

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[shy_tall_knight]

he put in a conditional £25m stadium bid and I doubt he had performed any due diligence on that hence the "conditional" bid. That was back in mid-nov. Not sure the vision he talked about for the club would survive a decent grilling by Dragon's Den lots of aspirations but maybe there is a master plan and we will know in time.

 

[coop]

Ashley spending a lot of money on the stadium I still think he might come for the club eventually.

 

[Speedies_Chips]

Ashley spending a lot of money on the stadium I still think he might come for the club eventually.

How about Ashley buys the club, builds a smaller stadium at Warwick Uni which then allows him to demolish the CBS Arena and use the land for what he really wants it for?

 

[skyblueelephant76]

I don't think he realised how much money it costs to run a football team and seems out of his depth already. Even Joy put her hand in her handbag not long after taking charge to buy Dan and Fox.

Dann and Fox signed on deadline day 6 weeks after SISU came in.

Is he just out of his depth because he hasn't spent eleventy billion on players in the first two weeks?

It's too early to have any idea what it's going to be like so far and I don't think we'll be any clearer until we see what happens in the summer.

 

[chiefdave]

Ashley spending a lot of money on the stadium I still think he might come for the club eventually.

what's being done, is it just the maintenance that's been neglected for years or is there more work underway? first thing they need to do is get the wasps signs gone

 

[Greggs]

This has to be one of the most boring and uneventful takeovers in history. At least Callum Best got his new team a training kit.

 

[Danceswithhorses]

he put in a conditional £25m stadium bid and I doubt he had performed any due diligence on that hence the "conditional" bid. That was back in mid-nov. Not sure the vision he talked about for the club would survive a decent grilling by Dragon's Den lots of aspirations but maybe there is a master plan and we will know in time.

I'm sure he confirmed in his interview, that he hadn't done any due diligence, due to the lateness of the deal with SISU.
Looking back, what was the point of the bid..it was never a runner ?

 

[pipkin73]

I'm sure he confirmed in his interview, that he hadn't done any due diligence, due to the lateness of the deal with SISU.
Looking back, what was the point of the bid..it was never a runner ?

Not saying it was genuine but due to coming to the party late he had no choice, William Storey DID have the rights (thanks SISU).
.
No due diligence was because he never had the time to do it (thanks again William Storey), once he got the go-ahead to bid the figures wanted (only SISU Know the real figures) , ( it was too late) Willam Storey/sisu had made him bid to late.

Im not saying he has the money, but to beat him otherwise is wrong. He needs a chance to prove himself, he has said money is available for the right purchase, he just won't throw money around.

 

[Robinshio]

I think it’s very clear the plan is maintenance this year with a big push next. Both he and robins have indicated the same

 

[Sky Blue Harry H]

What it does mean is that when, his tenure comes to an end, he will be easier to dislodge than SISU (unless they have some sort of first dibs on buy back - please God, no) so hopefully, should he be out of his depth, a 'better'. more affluent owner may be able to be found. Hopefully King Doug does well for us.

 

[Deleted member 5849]

I'm sure he confirmed in his interview, that he hadn't done any due diligence, due to the lateness of the deal with SISU.
Looking back, what was the point of the bid..it was never a runner ?

More worryingly, he said he hadn't really thought about the stadium!

 

[Grendel]

Not saying it was genuine but due to coming to the party late he had no choice, William Storey DID have the rights (thanks SISU).
.
No due diligence was because he never had the time to do it (thanks again William Storey), once he got the go-ahead to bid the figures wanted (only SISU Know the real figures) , ( it was too late) Willam Storey/sisu had made him bid to late.

Im not saying he has the money, but to beat him otherwise is wrong. He needs a chance to prove himself, he has said money is available for the right purchase, he just won't throw money around.

Due diligence on the stadium would have had nothing to do with Sisu

 

[DazzleTommyDazzle]

More worryingly, he said he hadn't really thought about the stadium!

Didn't worry me. I took it to be an "I don't want to talk about that" answer.

If he'd said he was going ahead with the new stadium, it sets a short (ish) term for negotiations with Fraser Group, where they may be less inclined to give us a deal that works for both parties.

If he'd said the project was dead, it takes away any (admittedly small) leverage that it might provide in those same negotiations.

 

[Deleted member 5849]

Didn't worry me. I took it to be an "I don't want to talk about that" answer.

If he'd said he was going ahead with the new stadium, it sets a short (ish) term for negotiations with Fraser Group, where they may be less inclined to give us a deal that works for both parties.

If he'd said the project was dead, it takes away any (admittedly small) leverage that it might provide in those same negotiations.

I wasn't meaning the new stadium 'plan' at Warwick. When quizzed about the late bidding for CBS, he said he hadn't really thought about it before - give me long enough I'll find you the spot in his interview, but I do have to do *some* work now and again.

I mean, if I was buying a football club, I'd think about their home a little bit.

 

[DazzleTommyDazzle]

I wasn't meaning the new stadium 'plan' at Warwick. When quizzed about the late bidding for CBS, he said he hadn't really thought about it before - give me long enough I'll find you the spot in his interview, but I do have to do *some* work now and again.

I mean, if I was buying a football club, I'd think about their home a little bit.

Fair enough.

Apologies for my misinterpretation.

I'm not trying to defend him against all-comers, but given the timescales involved with the takeover, I'm not sure what more he could have practically done with the CBS.

 

[Sky_Blue_Dreamer]

I wasn't meaning the new stadium 'plan' at Warwick. When quizzed about the late bidding for CBS, he said he hadn't really thought about it before - give me long enough I'll find you the spot in his interview, but I do have to do *some* work now and again.

I mean, if I was buying a football club, I'd think about their home a little bit.

Would seem a bit weird to have not thought about a place you've just bid £25m for.

 

[Macca]

Use shud no ees a SISU poppet lork Ransums and Robbings

 

[Sky_Blue_Dreamer]

Use shud no ees a SISU poppet lork Ransums and Robbings

I genuinely for a second there tried to work out what language that was, and why on earth you were using it

 

[itsabuzzard]

I wasn't meaning the new stadium 'plan' at Warwick. When quizzed about the late bidding for CBS, he said he hadn't really thought about it before - give me long enough I'll find you the spot in his interview, but I do have to do *some* work now and again.

I mean, if I was buying a football club, I'd think about their home a little bit.

It's a ridiculous carry-on.

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[Nuskyblue]

I genuinely for a second there tried to work out what language that was, and why on earth you were using it

Jaja Binks stole his phone.

 

[AiS86]

bye bye Sisu

 

[SBT]

Huh - so long SISU, this is now 100% The Doug Show (supposedly)

NEWS: Doug King completes full purchase of Coventry City, alongside company name change

Doug King has today completed the full purchase of Coventry City Football Club.

www.ccfc.co.uk

 

[Sky_Blue_Dreamer]

bye bye Sisu

So....they're gone!

 

[Evo1883]

bye bye Sisu

OK that's interesting

 

[shmmeee]

Let the conspiracy theories commence.

 

[alexccfc99]

Can’t be true, SISU are still pulling the strings from behind the scenes the ITKs told us!!!!!!!!!!

 

[shmmeee]

Can’t be true, SISU are still pulling the strings from behind the scenes the ITKs told us!!!!!!!!!!

All ready to sell to Mike Ashley

 

[MusicDating]

So he's an Ashley stooge!!!