Echo News 'You could make it £40 million and I still wouldn't sell' - Ron Martin again confirms he will not not quit Southend United

[onceknownasrab]

pay off the 20 million debts, pay 25 lease/rental @ 500k pa fixed in advance , add 2.5m to guarantee 4th side of stadium is built (with purchase price of 10m + inflation fixed at the end of the period). for 35m you get a club with guaranteed tenancy at no future cost for 25 years . RM gets his debts paid ,rental up front and a bit of cash to assist with the cash flow to start the build, no where’s that euro lotto ticket

Ron is involved in a housing project that will have and end portfolio value of 300m plus. Then there is the continued rental revenue stream. Ron can hold onto the stadium without it denting the small change in his pocket and not bother disposing of it until he is so inclined.

Why, with all else he has going on. Would he want to get bogged down in the the legals involving a sale now? Even if a consortium came in, history tells us with football, it can end up in a no sale and a lot of wasted time. I suspect his best bet is to soldier on and then work out what he wants to do when his arse is firmly planted on a deckchair on a sun kissed beach.

 

[Firestorm]

Hit him in the pocket, object to everything he puts before the council, petition your local councillors not to support this man. If the council make it clear that the residets dont trust him , and they will not back anything proposed by him, he won’t get his pot of gold, Sure it will probable be the end of the club, but RM won’t get his profit