Question Genuine Question?

[hindle_666]

As we are all aware Sufc has no assets as they are all owned by Ron Martins companies.
So does us going into administration give Ron the perfect chance to cut his loses and admit that the fossetts farm dream is over and not attempt to re buy the club?
After all would still leave him with a tidy profit from the Sainsbury deal wouldnt it?
Would that also explain why the club is againts fundraising?????

 

[class]

Probably me doing 2+2 = 5, but looking at Companies House, Geoff King was appointed a director of Martin Dawn Plc in July 2009, I thought Geoff was nothing to do with Martin Dawn??

 

[hindle_666]

Can a mod merge my post with

"The is this more worrying"
as along exactly same lines

thanks

 

[Jam_Man]

As we are all aware Sufc has no assets as they are all owned by Ron Martins companies.
So does us going into administration give Ron the perfect chance to cut his loses and admit that the fossetts farm dream is over and not attempt to re buy the club?
After all would still leave him with a tidy profit from the Sainsbury deal wouldnt it?
Would that also explain why the club is againts fundraising?????

I very much doubt that would leave him with a tidy profit after propping up the club for years and spending 2 million on getting the stadium agreed.

I see no reason why Ron Martin would want out, he has far too much to lose.

 

[hindle_666]

i hope your right but i think the sainsbury deals worth 12 million +

 

[Moody Blues]

If Ron doesn't agree to buy the club back but someone else does then Ron is screwed with the Sainsburys deal. He needs the new stadium for the Sainsburys money. As long as we exist then nothing can happen to Roots Hall

 

[TrueBlue]

Is there not a caluse somewhere saying the sale of roots hall is only viable till SUFC are found a sutible home?

 

[Moody Blues]

Is there not a caluse somewhere saying the sale of roots hall is only viable till SUFC are found a sutible home?

There is indeed. As long as we are around, we are at Roots Hall.

 

[BrettieAngell]

Is there not a caluse somewhere saying the sale of roots hall is only viable till SUFC are found a sutible home?

There is a covenent 9sp?)on Roots Hall which says exactly that.

 

[Cricko]

I think the whole plan is hinged by the council on SUFC moving to FF....no move no plan anywhere.

 

[Moridin]

There is a covenent 9sp?)on Roots Hall which says exactly that.

I believe that is also in the Planning permission as well.

No redevelopment at Roots Hall until Fossets Farm is ready for use.

As Godber said, as long as there is a SUFC....

 

[Mick]

Is there not a caluse somewhere saying the sale of roots hall is only viable till SUFC are found a sutible home?

I rather imagine that covenant would lapse if SUFC were not to be around.