Suit direct

thornleypoolie · **Joined:** Wed Jan 02, 2008 7:10 pm **Posts:** 1101

Been told this morning that Raj has accepted an offer for the club, and that it's going to be announced in the next few days.

Not sure how reliable the source is though, has anyone on here heard anything similar?

Grayhoundend · **Joined:** Tue Aug 19, 2014 12:13 pm **Posts:** 6689

Tell us the source and we will tell you how reliable it is.

derwent · **Joined:** Wed Jun 24, 2009 7:59 pm **Posts:** 12320

Sounds like a decent fit. Did their bid measure up to Raj's expectations. If so I expect a deal to be tied up. I don't want Kenny Jacket to be manager, although his credentials do measure up.

ToTheHartlepool2-0 · **Joined:** Sat Jan 31, 2015 6:08 pm **Posts:** 1333

Or that American guy Chuck Blazer either.

Jamie1952 · **Joined:** Fri Jul 15, 2011 3:56 pm **Posts:** 7084

Parent company is Egyptian, Arafa Holdings, https://www.arafaholding.com/production-facilities/ can’t there being many Pools fans in Egypt.

dykey · **Posted:** Tue Jan 17, 2023 4:25 pm

Practice walking like an Egyptian, courtesy of Betty n Keppel

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 36416

New management team in place…Wilson, Keppel and Betty.

derwent · **Joined:** Wed Jun 24, 2009 7:59 pm **Posts:** 12320

Does it mean we'll be climbing up the football pyramid.

Eiphos_3 · **Posted:** Tue Jan 17, 2023 5:15 pm

Raj has been in Dubai ... this adds weight to maybe a business meeting of such and the sale of the club.

the only solid rumour i was hearing that sounded good as of late was that he had come to an agreement with the council to buy the ground.

still i have not heard anything else on the matter and thought over the weekend there may have been more coming out especially with so much folk in the council - although it may be under and NDA ?

but like all good business dealings - if the ground has potentially been given the green light for ownership by Pools id imagine the suit direct deal having impact on this... either being a reason to aid in the sale or Suits direct having some say and should they buy the club they want the ground as part of the deal

all adds up for me but tbh...heard shite like this before and it couldnt of been further from the truth

Grayhoundend · **Joined:** Tue Aug 19, 2014 12:13 pm **Posts:** 6689

Snowy wrote:

New management team in place…Wilson, Keppel and Betty.

Any more of that and you will be doing the sand dance my boy.

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 36416

If only we could get a picture of them in action :laugh:

derwent · **Joined:** Wed Jun 24, 2009 7:59 pm **Posts:** 12320

First signing......Mo Salah.

Bluestreak · **Posted:** Tue Jan 17, 2023 5:59 pm

Mummies get free entry with any child.

thebigdog · **Joined:** Sat Aug 10, 2013 6:49 pm **Posts:** 1271

I've heard (allegedly) that a deal isn't close & stories of news breaking within days far from the truth. Apparently, they have been in talks & some at SD are advising against, the EFL have also supposedly been involved in possible takeover proposals up to this point.

The amount that would need writing off or covered (i.e Raj's current loan/investment) to start from scratch is the rumoured sticking point (no shock here obviously...)

Wilson84 · **Joined:** Tue Jan 17, 2023 6:19 pm **Posts:** 1

thebigdog wrote:

I've heard (allegedly) that a deal isn't close & stories of news breaking within days far from the truth. Apparently, they have been in talks & some at SD are advising against, the EFL have also supposedly been involved in possible takeover proposals up to this point.

The amount that would need writing off or covered (i.e Raj's current loan/investment) to start from scratch is the rumoured sticking point (no shock here obviously...)

That doesn't make sense surely he loses more if we go down? rather than cutting losses But this is Raj afterall..

Herr Flick · **Joined:** Wed Jul 28, 2021 9:46 am **Posts:** 113

Do not want ground taken out of council hands. That is our one safeguard.

Ozzy Saltburn · **Joined:** Mon Nov 01, 2021 11:34 pm **Posts:** 3711

Jamie1952 wrote:

Parent company is Egyptian, Arafa Holdings, https://www.arafaholding.com/production-facilities/ can’t there being many Pools fans in Egypt.

I am sure the Egyptian take over story was doing the rounds last season and proved to be nothing but a story.

Grayhoundend · **Joined:** Tue Aug 19, 2014 12:13 pm **Posts:** 6689

Wilson84 wrote:

thebigdog wrote:

I've heard (allegedly) that a deal isn't close & stories of news breaking within days far from the truth. Apparently, they have been in talks & some at SD are advising against, the EFL have also supposedly been involved in possible takeover proposals up to this point.

The amount that would need writing off or covered (i.e Raj's current loan/investment) to start from scratch is the rumoured sticking point (no shock here obviously...)

That doesn't make sense surely he loses more if we go down? rather than cutting losses But this is Raj afterall..

Raj would lose an absolute fortune if we lose our EFL standing.
Unless of course he already has most of it back.

Sussex UK · **Joined:** Wed Dec 28, 2016 10:34 pm **Posts:** 3459

Night Boat To Cairo was a decent tune..

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 36416

Believe it when I see it.
Who’s next ii the queue of potential benefactors..Ziggy Sawdust…. Bing Hitler, ….. The South Durham Steel and Iron Company… Terry Plywood and his All Girl Harmony Hussars.?
We should be told…. :angry-tappingfoot:

thedno · **Posted:** Wed Jan 18, 2023 8:15 am

Grayhoundend wrote:

Wilson84 wrote:

thebigdog wrote:

I've heard (allegedly) that a deal isn't close & stories of news breaking within days far from the truth. Apparently, they have been in talks & some at SD are advising against, the EFL have also supposedly been involved in possible takeover proposals up to this point.

The amount that would need writing off or covered (i.e Raj's current loan/investment) to start from scratch is the rumoured sticking point (no shock here obviously...)

That doesn't make sense surely he loses more if we go down? rather than cutting losses But this is Raj afterall..

Raj would lose an absolute fortune if we lose our EFL standing.

Do they still have parachute payments for relegated teams..
I have a figure of £500K , over 2 years but could be wrong?

kevin pooles gloves · **Joined:** Tue Oct 07, 2014 2:28 pm **Posts:** 8933

Theres been allsorts of Rumours flying about since pre season to now.
My take is Sing will of clawed back his original investment plus a bit more.
Did hear a rumour months back that he stands to make money if we go down.
Parachute payments!
A betting syndicate to cover relegation!
One final ST Sales pitch of the summer budget will get us back in the league then bail out.!

All rumours n speculation but what do you expect the Ammount of shit some cranks put on social media.
New owner is the only way upwards for me.
I reckon Dave Chall will back me up on this as well as the shitload of former employees of HUFC.
Who knows WTF will happen.
UTP

accrington fan · **Joined:** Wed Jan 20, 2016 3:22 pm **Posts:** 18947

could be a case of all mouth and no trousers.

Grayhoundend · **Joined:** Tue Aug 19, 2014 12:13 pm **Posts:** 6689

thedno wrote:

Grayhoundend wrote:

Wilson84 wrote:

thebigdog wrote:

I've heard (allegedly) that a deal isn't close & stories of news breaking within days far from the truth. Apparently, they have been in talks & some at SD are advising against, the EFL have also supposedly been involved in possible takeover proposals up to this point.

The amount that would need writing off or covered (i.e Raj's current loan/investment) to start from scratch is the rumoured sticking point (no shock here obviously...)

That doesn't make sense surely he loses more if we go down? rather than cutting losses But this is Raj afterall..

Raj would lose an absolute fortune if we lose our EFL standing.

Do they still have parachute payments for relegated teams..

I have a figure of £500K , over 2 years but could be wrong?

Think thats way less that staying in the EFL.

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 36416

It’s a bit late for the mythical Moneybags Sheikh of Arabique, even if he turned up, to throw money at us.

Flying Hogans · **Joined:** Tue Nov 05, 2019 10:29 pm **Posts:** 5388

Ozzy Saltburn wrote:

Jamie1952 wrote:

Parent company is Egyptian, Arafa Holdings, https://www.arafaholding.com/production-facilities/ can’t there being many Pools fans in Egypt.

I am sure the Egyptian take over story was doing the rounds last season and proved to be nothing but a story.

There's nothing in it. The whole thing is a pyramid scheme.

Brian Honour's Left Foot · **Posted:** Fri Jan 20, 2023 10:37 am

Does the company behind Suit Direct have any money? Sufficient to fund a football club? Sufficient to pay the current owner? And as Mr Snowy says, is it too late even if they have the monies?

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 36416

We have four options

1. A miracle…… Forget it!

2. Three up from the Conference….. comes under miracles…forget that too!

3. Sheikh of Arabique turns up and throws money at club…….. Miracle territory.

4. Kev wins lottery and shows his credentials at reception……… Arrested.

Jamie1952 · **Joined:** Fri Jul 15, 2011 3:56 pm **Posts:** 7084

Brian Honour's Left Foot wrote:

Does the company behind Suit Direct have any money? Sufficient to fund a football club? Sufficient to pay the current owner? And as Mr Snowy says, is it too late even if they have the monies?

This the company behind Suit Direct, they do have money but why would they want to buy Pools ?
https://www.arafaholding.com/production-facilities/

Grayhoundend · **Joined:** Tue Aug 19, 2014 12:13 pm **Posts:** 6689

Attachment:

news_bettya-3389229377.jpg

Your wish

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 36416

Ah Wilson, Keppel and Betty..they’ll sort the club out.

ziggysawdust · **Joined:** Wed Mar 09, 2011 12:03 am **Posts:** 295

Snowy wrote:

Believe it when I see it.
Who’s next ii the queue of potential benefactors..Ziggy Sawdust…. Bing Hitler, ….. The South Durham Steel and Iron Company… Terry Plywood and his All Girl Harmony Hussars.?
We should be told…. :angry-tappingfoot:

I just want what I'm owed lad. Nothing more.

Flying Hogans · **Joined:** Tue Nov 05, 2019 10:29 pm **Posts:** 5388

Snowy wrote:

Believe it when I see it.
Who’s next ii the queue of potential benefactors..Ziggy Sawdust…. Bing Hitler, ….. The South Durham Steel and Iron Company… Terry Plywood and his All Girl Harmony Hussars.?
We should be told…. :angry-tappingfoot:

On behalf of SDSIC, I can confirm that there will be no further comment at this time.

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 36416

Jamie1952 wrote:

Brian Honour's Left Foot wrote:

Does the company behind Suit Direct have any money? Sufficient to fund a football club? Sufficient to pay the current owner? And as Mr Snowy says, is it too late even if they have the monies?

This the company behind Suit Direct, they do have money but why would they want to buy Pools ?
https://www.arafaholding.com/production-facilities/

Why did IOR want to buy pools, but they did.

Jamie1952 · **Joined:** Fri Jul 15, 2011 3:56 pm **Posts:** 7084

Snowy wrote:

Jamie1952 wrote:

Brian Honour's Left Foot wrote:

Does the company behind Suit Direct have any money? Sufficient to fund a football club? Sufficient to pay the current owner? And as Mr Snowy says, is it too late even if they have the monies?

This the company behind Suit Direct, they do have money but why would they want to buy Pools ?
https://www.arafaholding.com/production-facilities/

Why did IOR want to buy pools, but they did.

Watch this video, Hodcroft explains why IOR bought Pools, 14 minutes in, basically tax reasons,
https://www.youtube.com/watch?v=mliugJG0tZk

thebigdog · **Joined:** Sat Aug 10, 2013 6:49 pm **Posts:** 1271

Anybody heard anything about a proposed takeover being rebuffed by Mr Raj?

Brian Honour's Left Foot · **Posted:** Fri Jan 27, 2023 6:38 pm

Heard some rumours about an offer being rejected as recently as Wednesday: heard some names too and, frankly, the word 'b*ll*cks' came to mind. Hope I'm wrong.

kevin pooles gloves · **Joined:** Tue Oct 07, 2014 2:28 pm **Posts:** 8933

thebigdog wrote:

Anybody heard anything about a proposed takeover being rebuffed by Mr Raj?

Saw it today.
Turned down a £4 million offer from suit direct n Cosgrove.
Shoot the messenger if u want.
Past careing anymore.
:angry-tappingfoot:

billygoatblue · **Joined:** Fri Dec 12, 2014 11:30 am **Posts:** 606

Seriously £4 million would be a fantastic offer.

We do not own the ground and there is no way you would get 4 million if you sold off all the players. If true what the fuck is Raj basing his asking price on.

loyal_fan · **Joined:** Mon Aug 15, 2022 7:15 pm **Posts:** 3689

why would he turn down 4 mil if 'only in it for the money' ?

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 36416

Jamie1952 wrote:

Snowy wrote:

Jamie1952 wrote:

Brian Honour's Left Foot wrote:

Does the company behind Suit Direct have any money? Sufficient to fund a football club? Sufficient to pay the current owner? And as Mr Snowy says, is it too late even if they have the monies?

This the company behind Suit Direct, they do have money but why would they want to buy Pools ?
https://www.arafaholding.com/production-facilities/

Why did IOR want to buy pools, but they did.

Watch this video, Hodcroft explains why IOR bought Pools, 14 minutes in, basically tax reasons,
https://www.youtube.com/watch?v=mliugJG0tZk

We’ll just maybe the have similar reasons why they want to buy Pools…if the do want to buy Pools.

Grayhoundend · **Joined:** Tue Aug 19, 2014 12:13 pm **Posts:** 6689

billygoatblue wrote:

Seriously £4 million would be a fantastic offer.

We do not own the ground and there is no way you would get 4 million if you sold off all the players. If true what the fuck is Raj basing his asking price on.

He,s basing it on, wait for it..................."Value for Money"

And people will still be buying tickets, Even tomorrow.
When you get to the ground ask to see Raj and just say Value for money.

Anyone wanting to buy pools should wait till May and get it for way less.

Flying Hogans · **Joined:** Tue Nov 05, 2019 10:29 pm **Posts:** 5388

On the Real EFL website: "Hartlepool United have rejected a takeover attempt by an unknown party in the last few days according to journalist Alan Nixon on his Patreon.
According to the transfer guru, a local consortium approached the club with the intention of buying it to inject new cash and ideas into the struggling club. The group however saw the approach rejected outright after consultations with owner Raj Singh and other board members."

No mention of how much was offered or who is behind the bid. Let's hope the bidders go public with their offer so no-one can get away with smoke and mirrors.

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 36416

An offer in the middle of the transfer window is likely to put a spanner in the works regarding signings I‘d imagine. sadx

kevin pooles gloves · **Joined:** Tue Oct 07, 2014 2:28 pm **Posts:** 8933

Snowy wrote:

An offer in the middle of the transfer window is likely to put a spanner in the works regarding signings I‘d imagine. sadx

Probably explains the disappointing TW.

kevin pooles gloves · **Joined:** Tue Oct 07, 2014 2:28 pm **Posts:** 8933

Flying Hogans wrote:

On the Real EFL website: "Hartlepool United have rejected a takeover attempt by an unknown party in the last few days according to journalist Alan Nixon on his Patreon.
According to the transfer guru, a local consortium approached the club with the intention of buying it to inject new cash and ideas into the struggling club. The group however saw the approach rejected outright after consultations with owner Raj Singh and other board members."

No mention of how much was offered or who is behind the bid. Let's hope the bidders go public with their offer so no-one can get away with smoke and mirrors.

So maybe there was something truth in the £7 million asking price sending the Americans to Wrexham.
What could of been and where we are now.

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 36416

kevin pooles gloves wrote:

Snowy wrote:

An offer in the middle of the transfer window is likely to put a spanner in the works regarding signings I‘d imagine. sadx

Probably explains the disappointing TW.

I’d say it’s a nailed on cert….feck knows where that leaves us now.
Surely they must have known that negotiations at this point in the season would cause absolute chaos putting everything up in the air for it inevitably to come crashing down to Earth, this was not the time to be focusing on takeovers, because if we have to carry on with what we’ve got, the club is shafted…. we needed the team sorting out first…..SAFETY FIRST.
I really do despair.

kevin pooles gloves · **Joined:** Tue Oct 07, 2014 2:28 pm **Posts:** 8933

Snowy wrote:

kevin pooles gloves wrote:

Snowy wrote:

An offer in the middle of the transfer window is likely to put a spanner in the works regarding signings I‘d imagine. sadx

Probably explains the disappointing TW.

I’d say it’s a nailed on cert….feck knows where that leaves us now.
Surely they must have known that negotiations at this point in the season would cause absolute chaos putting everything up in the air for it inevitably to come crashing down to Earth, this was not the time to be focusing on takeovers, because if we have to carry on with what we’ve got, the club is shafted…. we needed the team sorting out first…..SAFETY FIRST.
I really do despair.

There was also a rumored takeover bid in the summer.
This could be the reason for the cheap n nasty existence of HUFC.
Or the sing is just a complete and utter greedy bullshiting nice person.
Id say about 99% of our fan base can see the full picture now.
Some of his biggest fans have now turned full circle.
Football is a fast moving buisness and you have to go with the flo to compete.
Promotion n Saviourship.
A classic case of that was then but this is here now.
Almost Oblivion. :angry-tappingfoot:

billinghampoolie1908 · **Joined:** Thu Feb 05, 2015 5:52 pm **Posts:** 4376

Snowy wrote:

kevin pooles gloves wrote:

Snowy wrote:

An offer in the middle of the transfer window is likely to put a spanner in the works regarding signings I‘d imagine. sadx

Probably explains the disappointing TW.

I’d say it’s a nailed on cert….feck knows where that leaves us now.
Surely they must have known that negotiations at this point in the season would cause absolute chaos putting everything up in the air for it inevitably to come crashing down to Earth, this was not the time to be focusing on takeovers, because if we have to carry on with what we’ve got, the club is shafted…. we needed the team sorting out first…..SAFETY FIRST.
I really do despair.

He still wouldn't of spent anything on the team, since we signed Armstrong on loan, his managing the club has been piss poor. Let us not use this as another excuse.

Snowy · **Joined:** Fri Aug 18, 2006 12:18 pm **Posts:** 36416

It’s not an excuse, it’s obvious we’re up a creek without a paddle, but highlighting the madness of allegedly indulging in takeover negotiations during the transfer window, would be a massive distraction and totally chaotic.
I see no signings of any consequence and frankly didn’t see any coming in the first place, my disillusion is complete.

Suit direct

Gadgies online