shmmeee
Well-Known Member
I asked him that specifically. He said he’s double and triple checked it, said similar in the radio interview.
Sisu have released a statement saying it’s nonsense.
Who at the club could actually verify something like that and be worth verifying it with? All sounded to me like the only info he’s had is from Storey himself, who appears very much a self publicist and limelight lover, hence the willingness to be interviewed. Doug King has vanished, SISU won’t talk because of NDAs. We’ve had almost nothing from the club apart from what they want us to hear.
It is quite funny seeing this poacher turned gamekeeper act
So is the Doug King proposed takeover still on , in the balance, postponed or off ?
Just going throughSo is the Doug King proposed takeover still on , in the balance, postponed or off ?
Knew what ?I thought you knew?
"Big" Mike?Knew what ?
A good analysis. I agree efl would want to be sure the deal couldn’t be overturned by a court. If this is easy enough to prove or Sisu have clear evidence contrary to the allegations by storey I imagine it shouldn’t hold it up too much.why is it anything SISU does cannot be done without legal challenges getting involved
Not sure that Storey or his lawyers will get much traction from the EFL or courts
To do any deal with SISU the first thing they ask for is proof of funds - i assume this was done (not a betting slip but real bank confirmation)
That gets you to the negotiating table
Heads of terms are fine but have been proven in court time and again NOT to be legally binding.
Exclusivity periods have defined dates and are not open ended, they can be extended if both parties agree
the Storey exclusivity ran out on the 7th King deal announced 16th. Now i am not sure there is anything stopping King making contact before that and so long as SISU said no we cannot talk because of exclusivity agreement in place, (and didn't) .........then on the 8th they could. Is it possible to get a deal in that 7 days ready for the 16th? The problem for SISU is whether there is any evidence that they let the Storey deal die because of the King interest. The remedy if proven though would seem to be against SISU and most likely for the costs involved in the bid not the ownership of CCFC because SISU were not acting in good faith.
I would think it will delay the EFL process as they will want to be sure, and given CCFC past history who could blame them but ultimately will not change it.
Just wondering if this is something that gives King the excuse to walk away, not sure it will. Not really for him to answer though really, he wasn't part of the Storey/SISU exclusivity agreement
The only thing that irks me other than that was the whining that went on because they were not allowed to bid for the stadium......... because of an exclusivity agreement. Somewhat disingenuous really.
Been said on here earlier Doug King has instructed his legal team to stop talking to the EFL, if true why would he do that.why is it anything SISU does cannot be done without legal challenges getting involved
Not sure that Storey or his lawyers will get much traction from the EFL or courts
To do any deal with SISU the first thing they ask for is proof of funds - i assume this was done (not a betting slip but real bank confirmation)
That gets you to the negotiating table
Heads of terms are fine but have been proven time and again NOT to be legally binding.
Exclusivity periods have defined dates and are not open ended, they can be extended if both parties agree
the Storey exclusivity ran out on the 7th King deal announced 16th. Now i am not sure there is anything stopping King making contact before that and so long as SISU said no we cannot talk because of exclusivity agreement in place, (and didn't) .........then on the 8th they could. Is it possible to get a deal in that 7 days ready for the 16th? The problem for SISU is whether there is any evidence that they let the Storey deal die because of the King interest. The remedy if proven though would seem to be against SISU and most likely for the costs involved in the bid not the ownership of CCFC
I would think it will delay the EFL process as they will want to be sure, and given CCFC past history who could blame them but ultimately will not change it.
Just wondering if this is something that gives King the excuse to walk away, not sure it will. Not really for him to answer though really, he wasn't part of the Storey/SISU exclusivity agreement
It was correctedBeen said on here earlier Doug King has instructed his legal team to stop talking to the EFL, if true why would he do that.
Been said on here earlier Doug King has instructed his legal team to stop talking to the EFL, if true why would he do that.
A good analysis. I agree efl would want to be sure the deal couldn’t be overturned by a court. If this is easy enough to prove or Sisu have clear evidence contrary to the allegations by storey I imagine it shouldn’t hold it up too much.
However, if a court could rule Sisu deliberately held up the deal to sell to king cos it was better for them and they have to proceed with terms agreed with storey then that’s a different ball game and the efl I imagine would have to let it play out before ratifying anything.
This would be bad for us moving towards jan transfer window.
Yes - they haven’t done anything to legally stop them from owning a company - people hang too much on the fit and proper testIn that event would sisu pass the fit & proper EFL test ?
King hasn’t suggested at any time he’s going to step away that’s just sbt bollocks isn’t itwhy is it anything SISU does cannot be done without legal challenges getting involved
Not sure that Storey or his lawyers will get much traction from the EFL or courts
To do any deal with SISU the first thing they ask for is proof of funds - i assume this was done (not a betting slip but real bank confirmation)
That gets you to the negotiating table
Heads of terms are fine but have been proven in court time and again NOT to be legally binding.
Exclusivity periods have defined dates and are not open ended, they can be extended if both parties agree
the Storey exclusivity ran out on the 7th King deal announced 16th. Now i am not sure there is anything stopping King making contact before that and so long as SISU said no we cannot talk because of exclusivity agreement in place, (and didn't) .........then on the 8th they could. Is it possible to get a deal in that 7 days ready for the 16th? The problem for SISU is whether there is any evidence that they let the Storey deal die because of the King interest or in any way encouraged the King bid before 8th. The remedy if proven though would seem to be against SISU and most likely for the costs involved in the Storey bid, not the ownership of CCFC, because SISU were not acting in good faith.
I would think it will delay the EFL process as they will want to be sure, and given CCFC past history who could blame them but ultimately will not change it.
Just wondering if this is something that gives King the excuse to walk away, not sure it will. Not really for him to answer though really, he wasn't part of the Storey/SISU exclusivity agreement
The only thing that irks me other than that was the whining that went on because they were not allowed to bid for the stadium......... because of an exclusivity agreement. Somewhat disingenuous really.
Did I hear right that Gilbert said King has instructed his lawyers to stop talks with the EFL?
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.
They do have previous though administrations, HMRC debt, numerous transfer embargoes, in one now.Yes - they haven’t done anything to legally stop them from owning a company - people hang too much on the fit and proper test
That won't make any difference.They do have previous though administrations, HMRC debt, numerous transfer embargoes, in one now.
OK this is slightly better
Nothing more satisfying than a swiftly corrected “apologies incoming for me” smug post.
I hope you are correct because if it does we could be right up shitcteek.That won't make any difference.
King hasn’t suggested at any time he’s going to step away that’s just sbt bollocks isn’t it
Told you it would delay things but you said not in your post to me in replySo is the Doug King proposed takeover still on , in the balance, postponed or off ?
We were up shit creek before any of this having to sell Hyam to cover short fall in cash flowI hope you are correct because if it does we could be right up shitcteek.
Well it shouldn’t IF King is just waiting for this EFL ratification formality but there’s been a curve ball thrown in so who knows what might happen.Told you it would delay things but you said not in your post to me in reply
It does sound like Storey is the front for bigger dogs.
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