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Post by foreverblue on Nov 14, 2019 12:45:59 GMT
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Angas
Joined: May 2014
Posts: 2,068
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Post by Angas on Nov 14, 2019 13:48:07 GMT
Actually doesn't remind me of us at all. Sad to say. I'd be more than happy for our chairman to come out with as positive a statement as that. In fact, anything would be better than the absolute silence we've had for months and years.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Nov 14, 2019 13:59:07 GMT
Actually doesn't remind me of us at all. Sad to say. I'd be more than happy for our chairman to come out with as positive a statement as that. In fact, anything would be better than the absolute silence we've had for months and years. I would be terrified if our owners got into a position where, during takeover negotiations, players' wages went unpaid and the entire first team squad went on strike, as they did at Macclesfield. If following that, the owner said that everything was cool and all parties responsible for allowing the club to get into that position were still running the show, I would be thinking that the end wasn't far away.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Nov 14, 2019 18:05:10 GMT
3,000 and 1,000 home attendances will not pay the bills. Watch this space.
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Deleted
Joined: January 1970
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Post by Deleted on Nov 14, 2019 19:04:20 GMT
3,000 and 1,000 home attendances will not pay the bills. Watch this space. If you're that worried, just ping Hamer an email and ask what League gates the budget was forecast against. People say that he always replies. Early round FA and MM cup attendances are meaningless in terms of how they impact budget.
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Angas
Joined: May 2014
Posts: 2,068
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Post by Angas on Nov 14, 2019 20:51:47 GMT
Actually doesn't remind me of us at all. Sad to say. I'd be more than happy for our chairman to come out with as positive a statement as that. In fact, anything would be better than the absolute silence we've had for months and years. I would be terrified if our owners got into a position where, during takeover negotiations, players' wages went unpaid and the entire first team squad went on strike, as they did at Macclesfield. If following that, the owner said that everything was cool and all parties responsible for allowing the club to get into that position were still running the show, I would be thinking that the end wasn't far away. Ah, didn't know the back story. I guessed I was probably on a wrong 'un. Still would like to hear something from our chairman though, even if only so everyone could pull it apart.
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Rex
Predictions League
Joined: June 2014
Posts: 3,287
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Post by Rex on Nov 14, 2019 20:54:44 GMT
I used to go out with the sister of one of the blokes involved in the attempted take over. He's a wrong un
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irishrover
Global Moderator
Joined: June 2014
Posts: 3,372
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Post by irishrover on Nov 14, 2019 20:56:59 GMT
Another small struggling North West club who have circled the drain several times before. People used to have a false confidence that football clubs would not be allowed to go bust - the Bury situation blew that part and showed that if you play Russian roulette for long enough eventually you find the bullet and nearly all clubs in the football league have been playing it for a long time now. People up here tell me that Oldham will probably be the next to go about this time next year. Despite everything we have a lot more going for us than those clubs but we've been playing the same dangerous game for quite some time now going way back before the AQ's took over.
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warehamgas
Predictions League
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Posts: 3,558
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Post by warehamgas on Nov 14, 2019 22:25:50 GMT
Sorry but I’m a bit confused by this article. We know that Macclesfield are in trouble and have been for some time but this article is from June 2014, over 5 years old so it’s well out of date. All it does is confirm that 5 years ago they were in trouble and they still are. Alkadhi is still there I think and if he thought in 2014 that it was getting better then he’s obviously slightly deluded! UTG!
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Nov 14, 2019 23:15:38 GMT
I would be terrified if our owners got into a position where, during takeover negotiations, players' wages went unpaid and the entire first team squad went on strike, as they did at Macclesfield. If following that, the owner said that everything was cool and all parties responsible for allowing the club to get into that position were still running the show, I would be thinking that the end wasn't far away. Ah, didn't know the back story. I guessed I was probably on a wrong 'un. Still would like to hear something from our chairman though, even if only so everyone could pull it apart. I've not been following it, in fact, I knew nothing about it until Sunday when a story popped up on-line saying that their first team weren't turning out for their FA cup match. That club has had more than it's fair share of problems hasn't it. Wasn't there something about 10 years ago about irregularities with funding for building a new stand? Edit. Just found this, dated today. I think they may be in a spot of bother unfortunately; Police investigation Macclesfield.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Nov 14, 2019 23:24:07 GMT
Another small struggling North West club who have circled the drain several times before. People used to have a false confidence that football clubs would not be allowed to go bust - the Bury situation blew that part and showed that if you play Russian roulette for long enough eventually you find the bullet and nearly all clubs in the football league have been playing it for a long time now. People up here tell me that Oldham will probably be the next to go about this time next year. Despite everything we have a lot more going for us than those clubs but we've been playing the same dangerous game for quite some time now going way back before the AQ's took over.
Do we? We don't know what happens when debt exceeds the value of The Mem. From memory, debt is circa £15m, all we can do is guess what the stadium is worth, people keep saying £17m, I think it's a little higher than that, but either way, unless the trading performance improves, debt will soon exceed the value of the only significant asset. What then?
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irishrover
Global Moderator
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Posts: 3,372
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Post by irishrover on Nov 15, 2019 0:02:29 GMT
Another small struggling North West club who have circled the drain several times before. People used to have a false confidence that football clubs would not be allowed to go bust - the Bury situation blew that part and showed that if you play Russian roulette for long enough eventually you find the bullet and nearly all clubs in the football league have been playing it for a long time now. People up here tell me that Oldham will probably be the next to go about this time next year. Despite everything we have a lot more going for us than those clubs but we've been playing the same dangerous game for quite some time now going way back before the AQ's took over.
Do we? We don't know what happens when debt exceeds the value of The Mem. From memory, debt is circa £15m, all we can do is guess what the stadium is worth, people keep saying £17m, I think it's a little higher than that, but either way, unless the trading performance improves, debt will soon exceed the value of the only significant asset. What then? I agree with you - current situation looks somewhere between deeply concerning and dire without obvious investment coming over the hill.
What I meant by 'a lot more going for us' is largely contextual. We have a lot more fans and we play in a wealthy expanding city with relatively little immediate local competiton compared with teams in the North West. Bury and Oldham are clubs in long term decline because their fanbase is largely dying out - the financial mismanagement was compounded (possibly even caused) by this problem and it's not likely to change even if someone did plough serious money in. Arguably this makes our struggles more embarrassing of course, but in theory at least we should have more potential. Not that it's much of a straw to clutch at right now of course.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Nov 15, 2019 0:24:31 GMT
Do we? We don't know what happens when debt exceeds the value of The Mem. From memory, debt is circa £15m, all we can do is guess what the stadium is worth, people keep saying £17m, I think it's a little higher than that, but either way, unless the trading performance improves, debt will soon exceed the value of the only significant asset. What then? I agree with you - current situation looks somewhere between deeply concerning and dire without obvious investment coming over the hill.
What I meant by 'a lot more going for us' is largely contextual. We have a lot more fans and we play in a wealthy expanding city with relatively little immediate local competiton compared with teams in the North West. Bury and Oldham are clubs in long term decline because their fanbase is largely dying out - the financial mismanagement was compounded (possibly even caused) by this problem and it's not likely to change even if someone did plough serious money in. Arguably this makes our struggles more embarrassing of course, but in theory at least we should have more potential. Not that it's much of a straw to clutch at right now of course.
Potential won't put bums on seats, especially when there's a PL club in waiting in BS3. We had a stadium in place, one day the truth will surface about why UWE wasn't built.
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Post by chelt_gas on Nov 15, 2019 2:29:35 GMT
I agree with you - current situation looks somewhere between deeply concerning and dire without obvious investment coming over the hill.
What I meant by 'a lot more going for us' is largely contextual. We have a lot more fans and we play in a wealthy expanding city with relatively little immediate local competiton compared with teams in the North West. Bury and Oldham are clubs in long term decline because their fanbase is largely dying out - the financial mismanagement was compounded (possibly even caused) by this problem and it's not likely to change even if someone did plough serious money in. Arguably this makes our struggles more embarrassing of course, but in theory at least we should have more potential. Not that it's much of a straw to clutch at right now of course.
Potential won't put bums on seats, especially when there's a PL club in waiting in BS3. We had a stadium in place, one day the truth will surface about why UWE wasn't built. Consistent annual losses, compounding at whatever interest is charged on debt, simply means clubs need a new sugar daddy, transfer fees and Cup runs. Clubs don’t need relegation, unnecessary overheads and losses of income. Rovers are like so many other clubs; I don’t even think a new stadium is the/a silver bullet. The football industry at lower league is unsustainable so long as clubs incur debts to artificially keep afloat whilst, in reality, compete in a race to the bottom.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Nov 15, 2019 10:03:02 GMT
Potential won't put bums on seats, especially when there's a PL club in waiting in BS3. We had a stadium in place, one day the truth will surface about why UWE wasn't built. Consistent annual losses, compounding at whatever interest is charged on debt, simply means clubs need a new sugar daddy, transfer fees and Cup runs. Clubs don’t need relegation, unnecessary overheads and losses of income. Rovers are like so many other clubs; I don’t even think a new stadium is the/a silver bullet. The football industry at lower league is unsustainable so long as clubs incur debts to artificially keep afloat whilst, in reality, compete in a race to the bottom. That stadium was supposed to have additional income streams attached. Not sure what deal these guys signed up to with Higgs, but it does make you wonder, when they would rather walk away from it and sit in Tent Village losing £2m a year.
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kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,353
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Post by kingswood Polak on Nov 15, 2019 10:44:47 GMT
3,000 and 1,000 home attendances will not pay the bills. Watch this space. If you're that worried, just ping Hamer an email and ask what League gates the budget was forecast against. People say that he always replies. Early round FA and MM cup attendances are meaningless in terms of how they impact budget. He has always replied to me but he and Ken (SC) have been blackballed and if what I’ve been told is true then the owners have instructed the influential folk not to divulge any information to either of them. It’s a strange situation if so as I was led to believe the SH was the one tasked with brokering the sale of the club. This had been a problem that was thought to have been dealt with in that there were no leaks but even GC alluded to there being someine talking. Personally, my own experience of SH is one where he was always quick to reply and actually sorted 2 things for me. It now looks like he is there, as a spare part with MS & TG effectively doing what he did or much of it in any case. It would seem he is on the naughty step now.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Nov 15, 2019 11:04:56 GMT
If you're that worried, just ping Hamer an email and ask what League gates the budget was forecast against. People say that he always replies. Early round FA and MM cup attendances are meaningless in terms of how they impact budget. He has always replied to me but he and Ken (SC) have been blackballed and if what I’ve been told is true then the owners have instructed the influential folk not to divulge any information to either of them. It’s a strange situation if so as I was led to believe the SH was the one tasked with brokering the sale of the club. This had been a problem that was thought to have been dealt with in that there were no leaks but even GC alluded to there being someine talking. Personally, my own experience of SH is one where he was always quick to reply and actually sorted 2 things for me. It now looks like he is there, as a spare part with MS & TG effectively doing what he did or much of it in any case. It would seem he is on the naughty step now. Truth is KP, if either Masters or BSS brought any particular skill set to the Boardroom, they would have been given jobs to do. When I've sold companies in the past I've always handed over all of the staff so that the new people can pay to dispose of the dead wood
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Nov 15, 2019 12:02:17 GMT
If you're that worried, just ping Hamer an email and ask what League gates the budget was forecast against. People say that he always replies. Early round FA and MM cup attendances are meaningless in terms of how they impact budget. He has always replied to me but he and Ken (SC) have been blackballed and if what I’ve been told is true then the owners have instructed the influential folk not to divulge any information to either of them. It’s a strange situation if so as I was led to believe the SH was the one tasked with brokering the sale of the club. This had been a problem that was thought to have been dealt with in that there were no leaks but even GC alluded to there being someine talking. Personally, my own experience of SH is one where he was always quick to reply and actually sorted 2 things for me. It now looks like he is there, as a spare part with MS & TG effectively doing what he did or much of it in any case. It would seem he is on the naughty step now. I think you will find that Mr Hamer is on the Hani side of the divide and yes you are correct his current role is to broker a deal so that Hani can get the family their cash back. Wael, Mr Gorringe and the CEO are on the other side.
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kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,353
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Post by kingswood Polak on Nov 15, 2019 12:10:56 GMT
He has always replied to me but he and Ken (SC) have been blackballed and if what I’ve been told is true then the owners have instructed the influential folk not to divulge any information to either of them. It’s a strange situation if so as I was led to believe the SH was the one tasked with brokering the sale of the club. This had been a problem that was thought to have been dealt with in that there were no leaks but even GC alluded to there being someine talking. Personally, my own experience of SH is one where he was always quick to reply and actually sorted 2 things for me. It now looks like he is there, as a spare part with MS & TG effectively doing what he did or much of it in any case. It would seem he is on the naughty step now. Truth is KP, if either Masters or BSS brought any particular skill set to the Boardroom, they would have been given jobs to do. When I've sold companies in the past I've always handed over all of the staff so that the new people can pay to dispose of the dead wood I guess now that Brian is no longer a director , I can divulge what he said. He was always telling me, and others who bothered asking, that he was rarely invited to any board meetings and that trying to get things done whilst NH was in charge was a fools errand but that he was staying as he had wind of new owners and hoped things would change. I have to be careful with the next part, he had said that the then new owners gave him hope of better communication and of being included but alleged that, if anything, things were worse and my reading of what was said was that he was genuinely worried of the clubs future under the AQ family. I know he has taken a lot of stick over the period he was the SC rep but he sorted several things for me and got permission for my ex to take photos. He did tell me that he feared that the club would split away from the SC and that there really was no point in him being there as he was taking dogs abuse that should have been directed higher up. I always thought highly of Brian, his heart was in the right place and you would always see him, all over different areas of the ground and he would always make time to talk but he made the right decision in leaving as his position was only ever a director in name and , unlike Ken, he was not prepared to carry on when nothing he said was listened to and, again, both SC reps were never privy to anything other than what we get. If I remember correctly he said there were no board meeting as such now as the owners had 92% so didn’t need to hold them. I guess we will only get people from the club at the clubs AGM now. Seems no one from the club was at the SC meeting.
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Post by a more piratey game on Nov 15, 2019 12:24:19 GMT
He has always replied to me but he and Ken (SC) have been blackballed and if what I’ve been told is true then the owners have instructed the influential folk not to divulge any information to either of them. It’s a strange situation if so as I was led to believe the SH was the one tasked with brokering the sale of the club. This had been a problem that was thought to have been dealt with in that there were no leaks but even GC alluded to there being someine talking. Personally, my own experience of SH is one where he was always quick to reply and actually sorted 2 things for me. It now looks like he is there, as a spare part with MS & TG effectively doing what he did or much of it in any case. It would seem he is on the naughty step now. I think you will find that Mr Hamer is on the Hani side of the divide and yes you are correct his current role is to broker a deal so that Hani can get the family their cash back. Wael, Mr Gorringe and the CEO are on the other side. that makes sense, and is aligned with public statements - SH takes care of 'board matters' (the sale), whereas MS/TG/WAQ deal with the day-to-day the basis of rumours of a 'split' in the board implies to me that the split is about more than a (logical) division of roles
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