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Supporters Group News New Group Statement 28/02/23

Forums New posts
Rayleigh boy said:
the most important thing is having a credible functioning alternative organisation to the current owner.

We need a supporters group that can say to the courts, to the NL, to the FA to the council, the current owner is a grifter - deal with us.

Until we get off our knees and get organised people who want to help SUFC have no-one to deal with.

You need a few good men to step forward - form a commitee or action group - get a constitution drawn up and start getting our sh+t together.

Then we can call upon the fans to take action... and then we can get our club back.
Click to expand...
And how do you propose to fund this?


Ron won't sell and the supporters group cannot afford it
 
I’m pretty sure that if RM has received this 5m bridging loan then it would have been on the understanding that it was not to be totally wasted on keeping SUFC afloat. Whatever way you want to look at it SUFC is not a viable business .
 
Shrimper said:
And how do you propose to fund this?


Ron won't sell and the supporters group cannot afford it
Click to expand...

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz .........

RM cannot afford the football club ......thats why no-one s getting paid.

The club is bust.

A bust football club costs about 2 quid.
 
Rayleigh boy said:
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz .........

RM cannot afford the football club ......thats why no-one s getting paid.

The club is bust.

A bust football club costs about 2 quid.
Click to expand...

Dip your hand in your pocket then.

Don’t forget the football club own nothing other than the players contracts. You’d be paying rent, not just on paper, to RM for Roots Hall, Boots & Laces, new training facility and FF as and when.

Don’t forget the £24m RM has “lent” the Club, which he’d want back.

So, for you to buy the football club, not anything else worth any note, you’d be looking at about £24,000,002…
 
BoyWonder2 said:
Dip your hand in your pocket then.

Don’t forget the football club own nothing other than the players contracts. You’d be paying rent, not just on paper, to RM for Roots Hall, Boots & Laces, new training facility and FF as and when.

Don’t forget the £24m RM has “lent” the Club, which he’d want back.

So, for you to buy the football club, not anything else worth any note, you’d be looking at about £24,000,002…
Click to expand...

"Don’t forget the £24m RM has “lent” the Club"

yep - thats a pig flying across the room --

he has never lent the club anything apart from a load of debt ...

wakey wakey - you have been mugged
 
Rayleigh boy said:
"Don’t forget the £24m RM has “lent” the Club"

yep - thats a pig flying across the room --

he has never lent the club anything apart from a load of debt ...

wakey wakey - you have been mugged
Click to expand...

That’s why I put “lent”.

Whatever the story with that is, he’ll want that money from someone buying the Club at the moment…
 
Danshrimper said:
Unfortunately the selling price is what RM wants for it, not how much you think it’s worth.
Click to expand...

unfortunately if you own an asset that you cannot afford you have to take what you can get ...

and if that asset is declining in value by the month the sooner you sell the better ..

I think SUFC as an asset is declining in value really quickly - a bit more aggro from the fan base and you are in the minus 2 quid bracket ..

its like a Bentley car that you cant afford to tax, or service, or get repaired, or the bodywork fixed, or the tyres replaced, the RAC membership paid... suddenly that lovely thing is just a big drain on you ..
 
Rayleigh boy said:
That is really rude ...

and clearly you know zilch about the realities of business ...

but in simple terms I am not in debt - he is .

Tough to think that you believe all that guff ? And those pretty drawings ??
Click to expand...
I clearly have more grasp on the reality of it as you seem to think that you can buy a debt ridden club for £2 😂😂😂
 
Rayleigh boy said:
unfortunately if you own an asset that you cannot afford you have to take what you can get ...

and if that asset is declining in value by the month the sooner you sell the better ..

I think SUFC as an asset is declining in value really quickly - a bit more aggro from the fan base and you are in the minus 2 quid bracket ..

its like a Bentley car that you cant afford to tax, or service, or get repaired, or the bodywork fixed, or the tyres replaced, the RAC membership paid... suddenly that lovely thing is just a big drain on you ..
Click to expand...
He knows that he will get the best deal for the football club when it comes with a long lease on the stadium, and that stadium is ready for use. At that point the new owner will have the opportunity for maximum revenue streams without the cost of maintaining a falling down stadium. Probably the option of running the club sustainably, but not actually doing so, as we no doubt hope as they will have loads of money that they want to spend on players and wages to keep us happy.

Also at this point the funds from the development will enable him to take the hit writing off the the money the club owes him (minus the sale proceeds) without causing existential threat to the companies holding the debt.

Meantime we are lead to believe he might be exploring attracting an "investor"- he would retain 50.1% and control which would leave an investor holding just over 20%. The basis on which the investor would find this an attractive proposition I don't know.

But this is where we are I think. Regrettably in many ways..

PS I think he said he would be open to selling the stadium as well for the right price..but is aware that is then 10s of millions and requires deep pockets..
 
BoyWonder2 said:
Dip your hand in your pocket then.

Don’t forget the football club own nothing other than the players contracts. You’d be paying rent, not just on paper, to RM for Roots Hall, Boots & Laces, new training facility and FF as and when.

Don’t forget the £24m RM has “lent” the Club, which he’d want back.

So, for you to buy the football club, not anything else worth any note, you’d be looking at about £24,000,002…
Click to expand...
Ffs 🤦‍♂️
 
Last edited by a moderator:
Mr Browns Ghost said:
Ffs 🤦‍♂️
Click to expand...

Nice.

Obviously people are choosing not to read the speech marks because it doesn’t fit in with what people want to believe.

I’m obviously an RM “fanboy” and believe everything he says. But, I believe what he says about as much as the next person. The truth is normally in what RM doesn’t say, not what he does.

The fact is, he has claimed he has put that money into the Club, and has stated he would want that back.
 
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