Crowd funding to save Southend?

[WESTY_SUFC]

Doesn’t it worry you who may come in, in that scenario though?

Ron wouldn’t sell the club without Roots Hall, B&L and probably FF too. There’s a lot of money to be made off of us right there, and whilst Ron might not be a great chairman, (understatement) at least we can see he’s not intent on liquidating the club. Well, not yet anyway.

I’d be very wary of someone coming in and doing just that

Of course it's a worry, its an awful situation created by Ron.

 

[jackj13]

Never, People forget RM and the club are the same thing..You might aswell go and stick tenners in his pocket. Whatever money has ever come into the club has been used by RM as he sees fit whether it be for the odd helicopter ride to actually do something for the club or to finance something else. For sure the end of the rainbow when all the housing is built is where he makes his money,, but ask yourself this..

How has he survived so long with just the club and the very occasional small land deal. The assets that were previoulsy owned by the fans are being used to gain capital from outside sources. add fans money, sponsors, EFL money, dealing in the transfer market etc etc provided the rest....Anybody who thinks he personally digs his hand in his pocket to pay off debts is off their rocker. It may seem that way when he shouts out the parent company has stepped in once more (heroes to the end) but its all smoke and mirrors. He is waiting for more money to come in from outside investment against the housing developments to pay the debt simple as that and without the huge old assets of the club none of his rainbow would be happening at all. Add to that he has saddled us with 12 mill debt to.

Up to you guys if you wish to line his pockets once more, where would the guarantee be that the money raised would not just join the RM fund of rob peter to pay paul.

Of course I am glad we are still in existence, but today does not help anything, especially on the playing side.

Thats my pennies worth, up to you what you guys think.

Ah yes must have completely imagined it when he re-mortgaged his own house and it was public knowledge.

Ron Martin remortgaged his mansion to bail out Southend United

SOUTHEND United chairman Ron Martin remortgaged his home to stop the football club going bust, the Echo can reveal.

www.echo-news.co.uk

 

[MilkeySUFC]

Never, People forget RM and the club are the same thing..You might aswell go and stick tenners in his pocket. Whatever money has ever come into the club has been used by RM as he sees fit whether it be for the odd helicopter ride to actually do something for the club or to finance something else. For sure the end of the rainbow when all the housing is built is where he makes his money,, but ask yourself this..

How has he survived so long with just the club and the very occasional small land deal. The assets that were previoulsy owned by the fans are being used to gain capital from outside sources. add fans money, sponsors, EFL money, dealing in the transfer market etc etc provided the rest....Anybody who thinks he personally digs his hand in his pocket to pay off debts is off their rocker. It may seem that way when he shouts out the parent company has stepped in once more (heroes to the end) but its all smoke and mirrors. He is waiting for more money to come in from outside investment against the housing developments to pay the debt simple as that and without the huge old assets of the club none of his rainbow would be happening at all. Add to that he has saddled us with 12 mill debt to.

Up to you guys if you wish to line his pockets once more, where would the guarantee be that the money raised would not just join the RM fund of rob peter to pay paul.

Of course I am glad we are still in existence, but today does not help anything, especially on the playing side.

Thats my pennies worth, up to you what you guys think.

Ah yes must have completely imagined it when he re-mortgaged his own house and it was public knowledge.

Ron Martin remortgaged his mansion to bail out Southend United

SOUTHEND United chairman Ron Martin remortgaged his home to stop the football club going bust, the Echo can reveal.

www.echo-news.co.uk

Well, if RM and the club are the same thing, he did personally dig his hand into his own pocket to write off £6.87M debt just last year.

Chairman Ron Martin writes off £6.87million to Southend United

SOUTHEND United chairman Ron Martin has written off £6.87million of the club’s debts.

www.echo-news.co.uk

 

[Supershrimper]

If a crowd-funding page is set up, is should surely only be set up by the Shrimpers Trust. A quick search on GoFundMe has revealed 4 funding options for Southend United.

 

[Chapperz]

Well, if RM and the club are the same thing, he did personally dig his hand into his own pocket to write off £6.87M debt just last year.

Chairman Ron Martin writes off £6.87million to Southend United

SOUTHEND United chairman Ron Martin has written off £6.87million of the club’s debts.

www.echo-news.co.uk

Money doesn't physically have to change hands for this to happen. Similar to the way SUFC Ltd can owe Ron's companies more money without any cash moving.

 

[hlane17]

If a crowd-funding page is set up, is should surely only be set up by the Shrimpers Trust. A quick search on GoFundMe has revealed 4 funding options for Southend United.

I believe Jack Lawrence's GoFundMe is being looked at by the Trust. Like you say, we will await something from them.