jordan210
Well-Known Member
No idea. Sunderland fans did claim he was now buying us......
Doug King Takeover (7 Viewers)
- Thread starter jackdg
- Start date
No idea. Sunderland fans did claim he was now buying us......
Quite the line up indeed.
Doug king warming up on the sidelines trying to catch Judges eye. Judge not keen on subs at this late stage, would rather Ashley finish the game
Joy starts chant ‘Super, Super Doug’
The Philosopher
Well-Known Member
Lined up together?
Is Hoff on behalf of MA or Joy-King
Is Hoff on behalf of MA or Joy-King
Paul Anthony
Well-Known Member
If Storey is involved, that's a disaster. Anyone who knows what malarkey he got upto with the Haas F1 team will know why. He's a bloody fraud, and a nut.
The Philosopher
Well-Known Member
I read about him when it was first mentioned, looked at his accounts and any evidence of this huge sports drink he was selling. Empty.
Looks like a publicity seeking Walt.
Evo1883
Well-Known Member
robbiekeane
Well-Known Member
Fuck all these people I just want to see gyokeres score a hat trick and moan about Hamer getting sent off while having a few stubbies
HuckerbyDublinWhelan
Well-Known Member
We’re going to end up going bust by Xmas ain’t we
The Philosopher
Well-Known Member
I think when you stand back and assess the potential if this is all unpicked:
Someone might end up with a stadium that cost £100m plus for a fraction of that and have a SISU who is holding debt at the beginning of a recession over a barrel. King or no King, this could be an opportunity for a bargain.
Paul Anthony
Well-Known Member
Yep, promised a substantial sum, it simply didn't exist. Then spent several months on social media going off on some deranged lunacy about it.
standupforcity
Well-Known Member
Where's this happening? I'm in London
duffer
Well-Known Member
Christ this is bizarre. The bondholders crowd fund a legal campaign and then don't turn up in court, and the club is apparently sold twice in a day.
Coventry City, the legal and financial soap opera for those with a passing interest in football. We'd make a much better Netflix series than those northern or Welsh lot!
Coventry City, the legal and financial soap opera for those with a passing interest in football. We'd make a much better Netflix series than those northern or Welsh lot!
robbiethemole
Well-Known Member
When does it all start?
shepardo01
Well-Known Member
He's still queuing up at the free bar on James Raffles boat on the Thames...
They'll be there soon...
Gibbo
Well-Known Member
1. Do we know for certain it is non-refundable? For instance were King to get the ground would he have to pay MA? Or was the non-refundable clause a price for exclusivity, and exclusivity enabled MA to drive down the price?
2. Also I remain unconvinced that the poor relationship between SISU and CCC is sufficient to trump hard cash, If SISU come up with the money, CCC wll,be obliged to accept them. That has been my personal experience in business.
3. Ultimtely the odds are King is either some kind of sophisticated front for SISU or else he has paid top dollar for the Club because Joy would accept nothing less.
4. In a 'devil or thedeep blue sea' situation, I prefer the devil of MA to the deep blue sea of SISU or King as the possibility of some investment is there with MA but non-existent with SISU and an entirely unknown quantity with King. Has King got more backers to see the club grow in the future?
Gibbo remains deeply confused,
.
The Philosopher
Well-Known Member
As I’ve said before, once all the documentation and real stories about the last few weeks come out: Wasps demise, Richardson, Bonds, Council, King etc., Gilbert could easily write a book.Christ this is bizarre. The bondholders crowd fund a legal campaign and then don't turn up in court, and the club is apparently sold twice in a day.
Coventry City, the legal and financial soap opera for those with a passing interest in football. We'd make a much better Netflix series than those northern or Welsh lot!
(There’s a book called “Too Big To Fail” about the Financial crisis and every leading up to Leeman’s and Gordon Brown bailing out the banks. For a geeky subject it’s fascinating)
This would be far more interesting.
Tommo1993
Well-Known Member
Refreshing honesty as opposed to the continuous “pretending to know what’s going on” that’s floating around.
shmmeee
Well-Known Member
On 1. Exclusivity payments either go towards the final payment or are lost if Ashley pulls out.
duffer
Well-Known Member
slowpoke
Well-Known Member
Glad he is a good reason for the EFL to rule not fit & proper
duffer
Well-Known Member
Sounds like a perfect fit!
shmmeee
Well-Known Member
It would be interesting to know what repayment terms are if stadium can’t be sold to Ashley
HuckerbyDublinWhelan
Well-Known Member
There’s got to be an
Is he sat by Doug King?
hill83
Well-Known Member
You are logged onto skybluestalk on the internet buddy
Paul Anthony
Well-Known Member
Well, if anyone is ever going to fail said test, he'd be a good contender.
The Philosopher
Well-Known Member
Still don’t understand why King didn’t bid “£35m to satisfy the bondholders claim in exchange for their charge including the £9m P Share charge”
King gets the Bonds pays off, assumes the rights of the Bondholder and charge holder might get £9m back meaning it’s all cost £26m not £25m and he occupies a stadium which he has a charge over.
I’m sure I must have missed something
King gets the Bonds pays off, assumes the rights of the Bondholder and charge holder might get £9m back meaning it’s all cost £26m not £25m and he occupies a stadium which he has a charge over.
I’m sure I must have missed something