Doug King Takeover (40 Viewers)

[BackRoomRummermill]

Thank fuck that other thread was like getting piles reading it

 

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[Sky Blue Harry H]

If this happens, then surely there is a better chance that we can hold onto the big 3 beyond January.
Regardless, it can be nothing but good news.

 

[Liquid Gold]

What's this supposed to be saying? I thought we already knew council were talking to Ashley?

 

[Covcraig@bury]

Not liking all this positivity… it’s just not a sky blue thing we do … saying that … GOD SAVE THE KING

 

[hill83]

Hang on, can we celebrate

 

[Broken Hearted Sky Blue]

Hang on, can we celebrate

No

 

[no_loyalty]

To soon to crack a beer?

Forget the beer, get the Champers out.

 

[hill83]

No

Sound

 

[CanadianCCFC]

How could the deal leave the club debt-free?
Also does anyone know anything about Doug King?

 

[BornSlippySkyBlue]

What the actual fuck!!

 

[Johnnythespider]

This at any other time would have made me very happy, but the timing of this the day before the court rules on the preferred bid reeks of sisu's usual tactics. Nothing is ever straight forward is it.

 

[Skyblueweeman]

I'm genuinely shocked.

Sisu, albeit not gone, but a local person buying 85% stake and making us debt free. How?

So many questions but first thoughts are to be ecstatic.

 

[Greggs]

How many billions has he got?

 

[Woodster]

This doesn’t 100% add up to me. I don’t even know if this is possible but could this be some form of posturing to try and get Ashley to bid for the club?

It’s all bonkers.

 

[no_loyalty]

Nothing on CET site, so can’t be true

 

[BackRoomRummermill]

NEWS: Local businessman to acquire majority stake in Coventry City Football Club

SISU Capital Ltd, the owners of Coventry City Football Club, has agreed – subject to EFL approval – to sell a majority stake in the football club to local businessman, Doug King, who will take an 85% share.

t.co

 

[Sky Blue Pete]

Definitely genuine and a real opportunity. Glad sisu and joy have seen this is the way to progress the club in a way that maybe they couldn’t and certainly gives us an opportunity to work with the council who’s main protagonist was never going to work with sisu

 

[Oggysstarjumps]

A hedge fund oil trader with an incredible passion for football? How Doug King’s hedge fund made a killing shorting oil: ‘Investors don’t really get bear markets’

 

[Skyblueweeman]

Hang on, can we celebrate

I thought you'd have two posts...

1. BRILLIANT news

2. SHITE news

 

[Robinshio]

If true. Sisus promise of leaving us in a better position than when they acquired us is true

 

[David O'Day]

85% as against 50/50 makes me think no stadium move

Now whether he's a vehicle for others who knows?

That guys further tweets say we are going for the stadium as well

 

[shepardo01]

MASH exclusivity ends tomorrow (apparently)... statement reads as if he hast spoken to council... screenshot above hints at contract with Ashley/Fraser (Mash holdings) ....is this new move too late....??

 

[BackRoomRummermill]

Fuck it Woo hoo ! Even if I am not sure it’s good news !

 

[AOM]

Why do I feel something is still going to go wrong?

 

[ajsccfc]

He's director of king of shaves which is in all the supermarkets so he may be both legit and smooth as a baby's bottom, double whammy

 

[wince]

Ray Ranson said we were Debt free when Sisu took over ,

 

[eastwoodsdustman]

A hedge fund oil trader with an incredible passion for football? How Doug King’s hedge fund made a killing shorting oil: ‘Investors don’t really get bear markets’

So like being owned by arabs but without the human rights abuses . Win win

 

[chiefdave]

I log off for a couple of hours and it all goes off. Never heard of the bloke which is a surprise if there's a local businessman with enough cash to buy a football club.

Lots of questions of course, not least the timing. How does it effect the situation in court when there is now two groups publicly saying they want the stadium, assuming this is nothing to do with Dawkins (was he just the American chap or a consortium).

Someone taking over the club and stadium and at that point us being debt free seems too good to be true.

He's also invested in the local area which some were claiming was the reason Ashely was the only option for the stadium.

As its us suspect this won't be straightforward.

 

[Jamesimus]

How many billions has he got?

Yes this. Stop talking everyone and tell me how big his wallet is!

 

[Happy_Martian]

85% as against 50/50 makes me think no stadium move

Now whether he's a vehicle for others who knows?

CCFC statement quotes Joy saying he's going for 85% stake so that frees up SiSu to bid for the stadium

 

[covmark]

Bbc and Sky saying club have made late bid for the stadium.

 

[shepardo01]

View attachment 27279

Why do I feel something is still going to go wrong?

Nothing happend so far.... something has to go wrong (with Ashley - contract already on table) for this to go right.. I think...

 

[stay_up_skyblues]

Put CWR on for the inevitable wall to wall, in depth coverage. The fucking Beegees playing.

 

[hill83]

Hang on, can we celebrate

How about now?

 

[jordan210]

MASH exclusivity ends tomorrow (apparently)... statement reads as if he hast spoken to council... screenshot above hints at contract with Ashley/Fraser (Mash holdings) ....is this new move too late....??

Looks like a redacted email. Maybe its something proving the council in the wrong or something juicy