I don't want to piss on anyones chips, but surely if the CVA was due in June, when we had cash in the bank, slagging off Diamandis for failiing to pay it is a bit fucking rich.
I know you're all completely up his arse, and from his posts on here he seems a genuine bloke, but we had a CE, Mark D, in post at that time. If important stuff didn't get done surely the buck has to stop there?
Erm, actually I think you'll find that Mark D was not allowed to engage in "important stuff" to do with the overall financial structure of the club - read the club statements slagging him off, it's quite clear he was expected to stay on a tight leash. Those matters would be dealt with by Mike D and Sandy Gray. Or in this case not dealt with.
There are two payments that we seem to have overlooked during that period this year. The CVA and the one to the revenue. ANYONE in business will tell ou these are the two you pay FIRST, as there the ones most likely to get you wound up. If, as it seems, they didn't get paid through an oversight, then that's almost unforgiveable.
Were did you get this oversight business from? They chose not to pay the CVA deliberately. This was admitted in the statement the club put out, according to that they decided not to pay the amount due because they were going to try and renegotiate next year's payment (the 900k). Whether you believe that or not there was no oversight, just a deliberate reckless gamble with a CVA that could force the club into liquidation.
And I'm curious that you're talking about two payments - one to the CVA and one to the revenue. No-one's said we've missed a payment to the revenue outside the CVA. And Sandy Gray assured everyone at the AGM and in subsquent fans' meetings that payments to the revenue were up to the date, at the same time as she was assuring us that CVA payments were. Oh.....
Seriously, is this stuff about a second missed payment just you getting the wrong end of the stick or is there something else we don't know about?
Erm....
That sounds like a load of shite to me I'm afraid.
The Chief Executive of a limited company is exactly that. The person charged with running the day to day operations of the company on behalf of the board.
All the statements I've seen from the board seem to say is that those operations were supposed to be within strict financial budgets, that Mark wasn't allowed to exceed without reference to the board, which isn't at all unusual.
If, as you're suggesting, the CE of STFC wasn't expected to take responsvbility for something as "important" as making sure the bills got paid, then it begs the question what the fuck was he responsible for?
The revenue payment being missed? Check back on this forum a couple of months ago. Everyone got out of their tree 'cause we missed a the end of year VAT payment. I'd find a link but I can't be arsed. It got sorted months back, but shouldn't have happened at all. Suprised you don't remember it?
As for the choosing not to pay the CVA thing and including it in the renegotiation of the final payment.
Frankly using that as an argument is fucking bizarre! If you believe that statement then I don't see why there's a problem. No-one's to blame because it was a chosen course of action. It could even be argued that the statements to the AGM and SC were technically accurate, as payments that were due were up to date, the June one having been renegotiated and therefore not due.
However, the statement posted by Arthur H (on behalf of the Trust?), suggests that the failure to pay had been "uncovered by due diligence procedures" and would other wise have been not known about threatening the future of the club. That, I thought was the position most people on here had adopted, not taking that statement at face value, but seeing it as a way of dressing up a mistake.
If we've now decided the board are telling the truth then you can all fucking shut up about it and talk about something else.
I fucking knew this would get this reaction. It's absolutely fucking typical of the completely partisan way you lot have started to approach every issue at the club.
"Mark D and Bill P are perfect and totally blameless, the other lot are wankers" sums it up.
Even when Billl promised major investment in the club, then
completely understanderbly as a result of his accident and health chose not to pursue it, leaving us financially a bit fucked, it had to be Mike D's fault.
Even when Bill pulled the, "I want my money back" thing, he was still a saint. When it was thought he might be able to get his money back because the terms of his investment hadn't been documented, ....still no criticism of either of them.
I've never seen a bunch of football fans be so one eyed.
