Doug King Takeover (6 Viewers)

[Briles]

Maybe Dougs doing a Robert Jarni. Buy the club so council will deal with him re the stadium, then sell the club back to sisu at a profit

 

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[covcity4life]

It's a step in the right direction which is always worth celebrating.

We all want sisu out of the club and for us to own the arena. we've got one of them now.

It's like saying "I won't celebrate L1 promotion because I want to be in the EPL"

Sisu saved us. Forever grateful

3 cheers for sisu!

 

[Nick]

Some of the strange council accounts on Twitter aren't happy.

It's strange as most people seem over the moon.

 

[BackRoomRummermill]

Doug King - Duggins

he's done us like kippers

Ah ha

 

[Alkhen]

From one hedge fund to another…

Is it though? Says Doug King not the Hedge fund he leads. Fingers crossed he's just a rich fecker who wants a new hobby

 

[Nick]

"Hard to see how Mr King can be successful at this point"....

Who said that?

 

[skybluegod]

Sisu saved us. Forever grateful

3 cheers for sisu!

Tbf ultimately, sisu might have ended up leaving us in a better place than they found us, albeit with a whole load of shit in the interim. Potentially owning the stadium, debt free and a competitive championship squad

 

[hill83]

Who the fuck are you c**t I’m no mate of yours

 

[Sky Blue Harry H]

Can flap it all day but I've a feeling that no contract we can offer will keep the lad here , we need to cash in as soon as an acceptable offer comes in

Worth the gamble to hold until the summer don't you think? Burnley aside, it's an average league this season. If we keep the team intact (maybe a signing or two?_ and we'd have a fighting chance of a tilt for the play offs, and the second place isn't impossible.

 

[shepardo01]

Who said that?

In Gilbert's tweet I added a couple of posts above that quote...

 

[Broken Hearted Sky Blue]

View attachment 27286

Too mild

 

[Sky Blue Harry H]

Vik just put a header over in the 44th minute. Mexican commentary just said something like Covenree

Update: Vik just subbed (fit and well) Happy days !!

 

[The Philosopher]

Maybe we've just blown the chance to be owned by a billionaire who also owns the stadium, instead of continuing to rent from said billionaire.

Yeah,

When you put it like that.

(puts beer back in fridge).

 

[torchomatic]

7 mate

You don't WFH then?

 

[BackRoomRummermill]

There is nothing left to do but light on of my own farts with a lighter

 

[SAJ]

So is this Joy bringing in someone to be the acceptable face of a SISU play for the arena?

I have serious doubts that this guy is either a) independently wealthy enough to do everything needed here at CCFC or b) fully independent of SISU.

Based on

 

[Brighton Sky Blue]

Worth the gamble to hold until the summer don't you think? Burnley aside, it's an average league this season. If we keep the team intact (maybe a signing or two?_ and we'd have a fighting chance of a tilt for the play offs, and the second place isn't impossible.

I suppose in his mind he'll worry about staying here till the summer then getting some kind of injury or loss of form that costs him a move. Looking at it from his perspective, it wouldn't make much sense to stay if you were getting the right offers already.

 

[no_loyalty]

Yeah it feels like this is just a move to force hands and call bluffs. If the stadium does end up in MA's hands will the talks regarding the takeover suddenly 'break down.'

This is a worry that Sisu are just using this guy, probably already mates with Joy.

 

[Nick]

My thinking is that they knew Ashley was going to be in for the club after the stadium with the council standing behind him.

They have taken the club option away from him so it means Ashley is going to be buying a stadium with potentially no football club. I wouldn't be surprised if they have said the club will be moved if Ashley takes over it.

Leaves Ashley with an empty stadium.

They then hope Ashley pulls out or cuts them in.

 

[Robinshio]

Just on cwr now. Eakin Bit of background long term fan etc. a new start securing home in Coventry.

 

[David O'Day]

Is it though? Says Doug King not the Hedge fund he leads. Fingers crossed he's just a rich fecker who wants a new hobby

The reports talk more of his other businesses so it does sound like it's a personal deal and not a deal via his fund

 

[SkyblueDad]

So, this is 100% that he has 85% regardless of the stadium situation?

Subject to EFL approval.

 

[Liquid Gold]

Vik just put a header over in the 44th minute. Mexican commentary just said something like Covenree

Mackems are massive, turn up everywhere.

 

[Brighton Sky Blue]

Yeah,

When you put it like that.

(puts beer back in fridge).

It leads me to think one of a few things

1. Ashley really was never interested in the club

2. He was, but SISU didn't want to relinquish all control or wanted more than he thought it was worth.

Even when they're finally pissing off they still can't do it right.

 

[Perryccfc]

RCMA Group's King on the Commodity Challenges for a Global Recovery

RCMA Group Chairman Doug King speaks with Bloomberg's Alix Steel and Guy Johnson about the massive increase in global food prices and the reduced stock of oil on "Bloomberg Markets:". (Source: Bloomberg)

www.bloomberg.com

Don’t know why, just don’t like the fibre of his fabric

 

[Nick]

Subject to EFL approval.

What is Big Mike now thinking?

 

[ccfc922]

Subject to EFL approval.

Yeah, but they won't reject, SISU will sue them.

 

[KenilworthSkyBlue]

My thinking is that they knew Ashley was going to be in for the club after the stadium with the council standing behind him.

They have taken the club option away from him so it means Ashley is going to be buying a stadium with potentially no football club. I wouldn't be surprised if they have said the club will be moved if Ashley takes over it.

Leaves Ashley with an empty stadium.

They then hope Ashley pulls out or cuts them in.

This is what concerns me also.

 

[Liquid Gold]

What is Big Mike now thinking?

"I wonder how many curries I can fit in a helicopter"?

 

[Mcbean]

Waiting to find out that Doug King's company basically owns a field in Fenny Compton

It’s a field just south of Stratford with a green factory - all sustainable food to come in cardboard boxes

 

[Sky Blue Pete]

Similar quotes from both parties. This one that I paraphrased was from Joy

" The sale of the CBS Arena does provide short term uncertainty and with Doug on board we intend to set out a robust bid for the stadium which, if successful, will provide a platform for long-term success. "

Yeah 15% sisu and 85% non sisu

 

[Flying Fokker]

All the experts bullshite on the other thread -you know who you are

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

That is an encouraging press release.

 

[Brighton Sky Blue]

My thinking is that they knew Ashley was going to be in for the club after the stadium with the council standing behind him.

They have taken the club option away from him so it means Ashley is going to be buying a stadium with potentially no football club. I wouldn't be surprised if they have said the club will be moved if Ashley takes over it.

Leaves Ashley with an empty stadium.

They then hope Ashley pulls out or cuts them in.

He would surely have offered them whatever the Oil King has? Just looks like a massive open goal missed.

 

[SkyblueDad]

Waiting to find out that Doug King's company basically owns a field in Fenny Compton

Well at least there’s somewhere to build our new stadium.

 

[GIMOC]

RMCA same address as SISU. More I think about it, the more this is not as good as first thought