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Author Topic: Everything's gonna be OK!!!!  (Read 13467 times)
horlock07

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« Reply #75 on: Saturday, June 30, 2007, 08:56:45 »

Can we just have a commitment from whoever ends up owning the club that they will continue with the Friday Statement, its fucking ace and makes my weekend!

Personally I think they have got some cash sorted and we will survive, that is the positive, the negative is that you could give these tossers £100m and they still would fuck it up!
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RobertT

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« Reply #76 on: Saturday, June 30, 2007, 09:08:51 »

If they do manage to get a loan sorted, then we have to remember it will end-up leaving the business in more debt (include the interest).

Regardless of any income, even the Board have been sensible enough to admit they have no long term strategy other than developing a ground.  Seems highly unlikely they'll get anything like what they need at the CG.

STFCere - well structured your post was, but bollocks I'm afraid.  You are essentially saying we should respect the Board's efforts and judge them decision by decision, or statement by statement. Unfortunately you need to earn respect, and they;ve managed to do the complete opposite.  They actually got 4 years of very little questioning and loads of accepting their efforts at face value.  It is by their own actions that they now have lost that respect and people now want them gone regardless of whatever they may do.  Redemption would probably involve a 5 year period to balance off the previous one, one where they manage to run the business professionally, manage to produce timely financial reports, manage to work in tandem with the "stakeholders", manage to get costs under control, manage to pay debts on time, manage to bring in outward investment and then keep it etc.

They are being judged by 5 years of incompetence (at best), 5 years of blatant mismanagement (at worst), not by a few statements sent out in the past few weeks.

It's too late.  The club will suffer with them here, even if they bring off a financial miracle, simply because you cannot have a club running well when so many are so angry.
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red macca

« Reply #77 on: Saturday, June 30, 2007, 09:16:08 »

Quote from: "dell boy"
I don't know what a lot of you really expected to hear from the board on the Friday statement.

The majority of fans on here are Trust/Consortium supporters, you have all clearly shown how pissed off you are, but the bottom line is simple, The Consortium have lost the war.

Whatever get out of jail option the current board have taken will almost certainly not be the best option for the long-term future of this club it will just keep us afloat for another season, it will be the only option left to the current board of directors and advisers to obtain the highest return on their money from relocation and development of a new ground.
well spotted, i can now see why you became the success you did
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dell boy

« Reply #78 on: Saturday, June 30, 2007, 09:19:37 »

Great post Red Macca, well thought out. :-))(
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lebowski

« Reply #79 on: Saturday, June 30, 2007, 09:25:49 »

the consortium haven't lost the war at all. the key factor in the takeover is not the CVA, it's the £1.2million loan that BP wants back.

that can be paid in cash, or football club.
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WorcesterRed

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« Reply #80 on: Saturday, June 30, 2007, 09:31:44 »

Quote from: "RobertT"
If they do manage to get a loan sorted, then we have to remember it will end-up leaving the business in more debt (include the interest).

Regardless of any income, even the Board have been sensible enough to admit they have no long term strategy other than developing a ground.  Seems highly unlikely they'll get anything like what they need at the CG.

STFCere - well structured your post was, but bollocks I'm afraid.  You are essentially saying we should respect the Board's efforts and judge them decision by decision, or statement by statement. Unfortunately you need to earn respect, and they;ve managed to do the complete opposite.  They actually got 4 years of very little questioning and loads of accepting their efforts at face value.  It is by their own actions that they now have lost that respect and people now want them gone regardless of whatever they may do.  Redemption would probably involve a 5 year period to balance off the previous one, one where they manage to run the business professionally, manage to produce timely financial reports, manage to work in tandem with the "stakeholders", manage to get costs under control, manage to pay debts on time, manage to bring in outward investment and then keep it etc.

They are being judged by 5 years of incompetence (at best), 5 years of blatant mismanagement (at worst), not by a few statements sent out in the past few weeks.

It's too late.  The club will suffer with them here, even if they bring off a financial miracle, simply because you cannot have a club running well when so many are so angry.


 :goodpost:

Some people don't seem to realise exactly what you are saying Rob - most people are reasonable and patient and can understand the difficulties of running a football club in the lower leagues.

However, a lot of people, myself included, have been ground down by the incompetence, mismanagement, lies and lack of respect that the current ** enter your choice of expletive here ** (my personal preference is  :wanker:  :wanker: ) have shown to the fan base over the last five years.

I think that some people think that we are picking up on only the latest couple of statements and having a moan when in reality, they have slowly knocked the stuffing out of any goodwill that we may have had during the past five years.

To BE respected, you have to EARN respect, not ride roughshod over your Customers.
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Fred Elliot
I REST MY FUCKING CASE

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« Reply #81 on: Saturday, June 30, 2007, 09:33:27 »

Quote from: "lebowski"
the consortium haven't lost the war at all. the key factor in the takeover is not the CVA, it's the £1.2million loan that BP wants back.

that can be paid in cash, or football club.



 Yes  :thumbs:
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Simon Pieman
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« Reply #82 on: Saturday, June 30, 2007, 09:37:50 »

The 'us vs. them' has worn me down. It'll just be great if the club can go on for another 125(127?) years.
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WorcesterRed

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« Reply #83 on: Saturday, June 30, 2007, 09:39:49 »

Quote from: "Si Pie"
The 'us vs. them' has worn me down. It'll just be great if the club can go on for another 125(127?) years.


Couldn't have put it better myself - exactly what I was alluding to in my last past above.
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herthab
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« Reply #84 on: Saturday, June 30, 2007, 10:12:00 »

I don't think any fan can still be supporting the Board.

It's just that a lot of supporters (Myself included) feel that it's out of our control.

I corresponded with Ben Lambert and voiced my concerns and he replied, with the usual "Don't worry, everything's cushty!" line, which he may well believe.

Fair play to all of you who are actively engaged in ousting the board, but for the majority of us (I think!) we're helpless.

The Board know that the vast majority of suporters think they're fucking useless at best, corrupt at worst, but they're still here.

Protests didn't work, Orange didn't work, what next?

My first loyalty is to STFC, I would rather have these cunts in charge than have no club to support at all and they know that a lot of people feel the same way.

I couldn't boycott matches, I understand those that can, but I just couldn't do it.

What else can we do?
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It's All Good..............
dell boy

« Reply #85 on: Saturday, June 30, 2007, 10:21:18 »

Quote from: "herthab"
I don't think any fan can still be supporting the Board.

It's just that a lot of supporters (Myself included) feel that it's out of our control.

I corresponded with Ben Lambert and voiced my concerns and he replied, with the usual "Don't worry, everything's cushty!" line, which he may well believe.

Fair play to all of you who are actively engaged in ousting the board, but for the majority of us (I think!) we're helpless.

The Board know that the vast majority of suporters think they're fucking useless at best, corrupt at worst, but they're still here.

Protests didn't work, Orange didn't work, what next?

My first loyalty is to STFC, I would rather have these cunts in charge than have no club to support at all and they know that a lot of people feel the same way.

I couldn't boycott matches, I understand those that can, but I just couldn't do it.

What else can we do?

100% agreement with that.
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ronnie21

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« Reply #86 on: Saturday, June 30, 2007, 10:40:07 »

Cannot believe you guys!!!  Poor old Mikey D spent all day at his computer preparing his usual Friday "State of the Nation" statement and you are all moaning (except Dell Boy who probably did the spell check for him)!!  Get a life guys, we've now got another on Monday afternoon/Tuesday morning statement to look forward to!!
PS Anybody hear the interview John Cullum (Jamie's old man) gave on the radio this morning.  Touched on the issue, and (if you read between the lines) seemed to know something about a 2-day concert set for the CG that did not come off this year, but he hopes it will next!! Beers
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Phil_S

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« Reply #87 on: Saturday, June 30, 2007, 10:42:05 »

Can't diagree with what you are saying, & that would've been my exact sentiment until 9 months ago.
The only thing I will pick up on is the statement

"My first loyalty is to STFC, I would rather have these cunts in charge than have no club to support at all and they know that a lot of people feel the same way."

Unfortunately, the way I see it is that they will kill this club for us........ Diamandis has already said that he will do that rather than go...
Leaving them in charge will leave us with no club in the medium to long term.

So why am I so sure of this.......

In the last 5 years under their mis- management the financial situation has got much worse.
If they continue mis-managing in the next 5 years as they have in the last 5 we will be in an even worse state.
I believe that we have already reached the point where the style of management is unsustainable.
The club has recently seen, unbudgetted income of well in excess of £3,000,000, yet still have reported losses of approaching a million per yr. These are exacerbated by "Admin expenses" of 1.5 million, & interest charges of 300k.
So next year, with out any additional unbudgetted income, it is a good bet that the losses will exceed £3,000,000 PLUS they need 900k for the CVA PLUS £1,200,000 to repay the money they owe Bill P.
Hence any new "Investment" will swallow up £5,000,000 in year one with NO CHANGE. This time next year we will be back to where we belong, BUT OWING MORE MONEY, AND PAYING MORE INTEREST.
The ONLY solution is a full TAKEOVER, and overhaul of the club, backed by an eventual ground redevelopment. This as has been pointed out is NOT going to happen with the current board as they have now destroyed all of any goodwill they had.
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From the Dark Side
sonic youth

« Reply #88 on: Saturday, June 30, 2007, 12:34:39 »

this is ridiculous, today's the day and we've heard nothing other than a vague "don't panic" type statement.

do you think they'll even offer us the courtesy of telling us how they've averted disaster or if they haven't? first we'll probably hear about it is when someone sees the winding up petition in the london papers.
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glos_robin

« Reply #89 on: Saturday, June 30, 2007, 12:41:31 »

Quote from: "sonic youth"
this is ridiculous, today's the day and we've heard nothing other than a vague "don't panic" type statement.

do you think they'll even offer us the courtesy of telling us how they've averted disaster or if they haven't? first we'll probably hear about it is when someone sees the winding up petition in the london papers.


Thats what happened with the VAT winding up order wasn't it, someone read about it in a London papar. What really annoyed me was we had a fans forum a couple of days before and they made no mention of the VAT problem.
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