Doug King Takeover (47 Viewers)

MalcSB · Nov 18, 2022

The Philosopher said:
That’s how I see it. Absorption of the debts that SISU have ascribed to CCFC into his portfolio. Possibly then using own funds to clear HMRC.

OSB / @MalcSB is that how you see it?

I would take a simple view. Who is buying the stake, is it DK or his company? Everybody says it is MA who has bought the arena, but it is actually House of Fraser. Who was the over whelming majority of the football clubs debt owed to? Sisu - in years of added interest on a relatively small amount of initial investment.

I don’t see it as needing to be any more complicated than DK or his company paying Sisu a sum of money sufficient to erase the “internal” debt, or 85% of it, in return for an 85% share of the football club. Sisu hang on to 15% so they can get some reward if the club ever gets to the Premiership. Sisu’s investors get some money back now, the club doesn’t continually paying interest on debt predominantly made up of previous years interest. Wouldn’t that alone improve their on paper financial position?

DK or his company will want a return on the investment which would be pretty significant if we get to the PL. That’s what any business would want. There are some non tangible benefits of being associated with a well performing football club.

I will probably get shot down in flames for being simplistic, but I genuinely don’t things always have to be over complicated or conspiratorial.

MalcSB · Nov 18, 2022

Skyblueweeman said:
Brighton and Ho...

Ah forget it!

That a three way share, don’t forget Albion

SkyblueDad · Nov 18, 2022

MalcSB said:
I wonder how much media work he has done before - it’s not easy. I didn’t see any problems with what he said, or the way he delivered it. Give the guy a break and the benefit of the doubt. We all wanted Sisu to sell, which on the face of it they have done, and still we aren’t satisfied. Who were we hoping for, Jeff Bezos or Elon Musk?

Well Bezos is giving away most of his £250 billion so you never know.

MalcSB · Nov 18, 2022

Greggs said:
Sisu have sold to Sisu, at least Joy knew to keep her nose out of the playing side, i get the impression this guy is gong to be far too involved.

I doubt he will sit in the dugout.

Otis · Nov 18, 2022

MalcSB said:
I doubt he will sit in the dugout.

I thought it was supposed to be Doug in?

SkyblueDad · Nov 18, 2022

MalcSB said:
I would take a simple view. Who is buying the stake, is it DK or his company? Everybody says it is MA who has bought the arena, but it is actually House of Fraser. Who was the over whelming majority of the football clubs debt owed to? Sisu - in years of added interest on a relatively small amount of initial investment.

I don’t see it as needing to be any more complicated than DK or his company paying Sisu a sum of money sufficient to erase the “internal” debt, or 85% of it, in return for an 85% share of the football club. Sisu hang on to 15% so they can get some reward if the club ever gets to the Premiership. Sisu’s investors get some money back now, the club doesn’t continually paying interest on debt predominantly made up of previous years interest. Wouldn’t that alone improve their on paper financial position?

DK or his company will want a return on the investment which would be pretty significant if we get to the PL. That’s what any business would want. There are some non tangible benefits of being associated with a well performing football club.

I will probably get shot down in flames for being simplistic, but I genuinely don’t things always have to be over complicated or conspiratorial.

They do say though the quickest way to become a millionaire is for a multi-millionaire to buy a football club.

MalcSB · Nov 18, 2022

slowpoke said:
They do say though the quickest way to become a millionaire is to buy a football club for a few million.

Michael Knighton would have made a fortune if he could have completed his Man Utd buyout, so there could be exceptions to the rule. All a question of timing.

shmmeee · Nov 18, 2022

MalcSB said:
I doubt he will sit in the dugout.

The headlines would write themselves.

Covkid1968# · Nov 18, 2022

MalcSB said:
I would take a simple view. Who is buying the stake, is it DK or his company? Everybody says it is MA who has bought the arena, but it is actually House of Fraser. Who was the over whelming majority of the football clubs debt owed to? Sisu - in years of added interest on a relatively small amount of initial investment.

I don’t see it as needing to be any more complicated than DK or his company paying Sisu a sum of money sufficient to erase the “internal” debt, or 85% of it, in return for an 85% share of the football club. Sisu hang on to 15% so they can get some reward if the club ever gets to the Premiership. Sisu’s investors get some money back now, the club doesn’t continually paying interest on debt predominantly made up of previous years interest. Wouldn’t that alone improve their on paper financial position?

DK or his company will want a return on the investment which would be pretty significant if we get to the PL. That’s what any business would want. There are some non tangible benefits of being associated with a well performing football club.

I will probably get shot down in flames for being simplistic, but I genuinely don’t things always have to be over complicated or conspiratorial.

Stop that now… you will scare off all the creative conspiracy theorists!!!

hill83 · Nov 18, 2022

I’m not celebrating this yet. Need to see more first. But equally I’m not instantly going straight into “he’s Sisu” etc.
Lets see what happens, it’s Groundhog Day on here, same thing on every conceivable topic.

If I was going to stick my neck out though, the EFL won’t approve the bid and he’ll skip off into the night, hair flowing.

Deleted member 5849 · Nov 18, 2022

MalcSB said:
Who were we hoping for, Jeff Bezos or Elon Musk?

Elon Musk would have sacked Robins and co. as inefficiencies, and then insisted the players played 150 minutes per game.

Grendel · Nov 18, 2022

MalcSB said:
Where is Ashley based?

In the pub mostly

mark82 · Nov 18, 2022

hill83 said:
I’m not celebrating this yet. Need to see more first. But equally I’m not instantly going straight into “he’s Sisu” etc.
Lets see what happens, it’s Groundhog Day on here, same thing on every conceivable topic.

If I was going to stick my neck out though, the EFL won’t approve the bid and he’ll skip off into the night, hair flowing.

EFL will approve. Not sure what grounds they could reject on.

thekidfromstrettoncamp · Nov 18, 2022

For the attention of Doug King .Thanks for the takeover . There are a few things i would like to see happen one is far better marketing of the club starting from the shop (always shortages ). The advertising of games would help bet nine out ten people living in Coventry could not tell you when the next home game is.There are two big boards either side of the r/o one electronic by the ground and one Wasps used to use on the otherside not once have i ever seen an advert in all the time Sisu have been here.
The second is get rid of the insane gap between the two group of supporters and make the great atmospere even better.Third reduce the price of the A grade games we are in the championship we don't have M U or the Pool rolling up so why charge £33 for Bristol City.
Why not if possible offer a deal for the two Christmas games for £50? Let get the CBS rocking even more.

Nick · Nov 18, 2022

thekidfromstrettoncamp said:
For the attention of Doug King .Thanks for the takeover . There are a few things i would like to see happen one is far better marketing of the club starting from the shop (always shortages ). The advertising of games would help bet nine out ten people living in Coventry could not tell you when the next home game is.There are two big boards either side of the r/o one electronic by the ground and one Wasps used to use on the otherside not once have i ever seen an advert in all the time Sisu have been here.
The second is get rid of the insane gap between the two group of supporters and make the great atmospere even better.Third reduce the price of the A grade games we are in the championship we don't have M U or the Pool rolling up so why charge £33 for Bristol City.
Why not if possible offer a deal for the two Christmas games for £50? Let get the CBS rocking even more.

Wrong, there has been an advert,.

hill83 · Nov 18, 2022

mark82 said:
EFL will approve. Not sure what grounds they could reject on.

I was thinking more along the lines of a conspiracy theory that he doesn't want the club now he hasn't got the ground, so will go in and shit on their desk or something.

ccfc922 · Nov 18, 2022

mark82 said:
EFL will approve. Not sure what grounds they could reject on.

Have they said when the EFL approval meeting will be?

The Philosopher · Nov 18, 2022

ccfc922 said:
Have they said when the EFL approval meeting will be?

If there’s a deadline he’ll turn up 2 weeks late and be shocked he hasn’t been successful

itsabuzzard · Nov 18, 2022

hill83 said:
I was thinking more along the lines of a conspiracy theory that he doesn't want the club now he hasn't got the ground, so will go in and shit on their desk or something.

That'll learn them.

Sent from my MAR-LX1A using Tapatalk

clint van damme · Nov 18, 2022

hill83 said:
I was thinking more along the lines of a conspiracy theory that he doesn't want the club now he hasn't got the ground, so will go in and shit on their desk or something.

No pillowcase in the hotel is safe

thekidfromstrettoncamp · Nov 18, 2022

Nick said:
Wrong, there has been an advert,.

Come by quite often never seen one. Point still stands we don't sell ourselves enough.

Johnnythespider · Nov 18, 2022

Macca1987 said:
What must the rest of football think when they see the mad hatters at the front of a video lol

Probably the same as us, "they look like they'd argue with a kid if he sat in their bus seat"

Speedies_Chips · Nov 18, 2022

thekidfromstrettoncamp said:
For the attention of Doug King .Thanks for the takeover . There are a few things i would like to see happen one is far better marketing of the club starting from the shop (always shortages ). The advertising of games would help bet nine out ten people living in Coventry could not tell you when the next home game is.There are two big boards either side of the r/o one electronic by the ground and one Wasps used to use on the otherside not once have i ever seen an advert in all the time Sisu have been here.
The second is get rid of the insane gap between the two group of supporters and make the great atmospere even better.Third reduce the price of the A grade games we are in the championship we don't have M U or the Pool rolling up so why charge £33 for Bristol City.
Why not if possible offer a deal for the two Christmas games for £50? Let get the CBS rocking even more.

Did you write that in the belief that he is going to read it or are you just using this thread to tell us what you'd like to see happen?

COVKIDSNEVERQUIT · Nov 18, 2022

One of the first things Doug King should do is get rid of that buffoon Tim Fisher.

Deleted member 5849 · Nov 18, 2022

COVKIDSNEVERQUIT said:
One of the first things Doug King should do is get rid of that buffoon Tim Fisher.

He's one of our most successful chairmen ever.

And also a big draw for Robins being here.

SkyblueDad · Nov 18, 2022

COVKIDSNEVERQUIT said:
One of the first things Doug King should do is get rid of that buffoon Tim Fisher.

He might be a significant part in all this takeover business.

covcity4life · Nov 18, 2022

What's Doug said that's so wrong?

skybluetony176 · Nov 18, 2022

MalcSB said:
Where is Ashley based?

He has shops in Coventry and Warwickshire so clearly he’s a local business man

Deleted member 5849 · Nov 18, 2022

covcity4life said:
What's Doug said that's so wrong?

He's a massive fan of fox hunting and other blood sports, has an enormous collection of Nazi memorabilia, and is building up framed photos of Villa players to dot around the training ground as inspiration.

Matt smith · Nov 18, 2022

covcity4life said:
What's Doug said that's so wrong?

Being heavily involved in recruitment latest article In cet

fine line that is

leave that to badlan and MR

TomS91 · Nov 18, 2022

MalcSB said:
Where is Ashley based?

He certainly used to live in Totteridge in North London a few years ago and a regular in the Orange Tree pub. Not sure if he's moved since then though.

Hobo · Nov 18, 2022

Greggs said:
Sisu have sold to Sisu, at least Joy knew to keep her nose out of the playing side, i get the impression this guy is gong to be far too involved.

He will be the only one allowed to text for a sub

shmmeee · Nov 18, 2022

Matt smith said:
Being heavily involved in recruitment latest article In cet

fine line that is

leave that to badlan and MR

Not read the CT article but the ITV interview it sounded more like he was saying that’s something we do well so hopefully he’ll let them crack on and just have an interest as an “analytics guy”

thekidfromstrettoncamp · Nov 18, 2022

Speedies_Chips said:
Did you write that in the belief that he is going to read it or are you just using this thread to tell us what you'd like to see happen?

I would hope in trying to get to grips with the club he would want to know the views of fans and where better.Some of these things i have aired before on other threads

covcity4life · Nov 18, 2022

Deleted member 5849 said:
He's a massive fan of fox hunting and other blood sports, has an enormous collection of Nazi memorabilia, and is building up framed photos of Villa players to dot around the training ground as inspiration.

But other than that?

Doug King Takeover (47 Viewers)

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