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Post by Deleted on May 16, 2017 21:52:31 GMT
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Post by Deleted on May 16, 2017 23:31:11 GMT
Excellent read - thanks Dave.
This should be compulsory reading for anyone who is about to criticise a manager.
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Post by Deleted on May 17, 2017 8:01:42 GMT
I knew he'd been paying players out of his own money but I hadn't realised quite how badly he'd been stitched up. Hopefully he's learnt from it and if it happens again he'll bail out at the first opportunity.
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Post by Deleted on May 22, 2017 9:26:31 GMT
What a great read. The worries over money men is said time and time again but football clubs just don't seem to heed it. I can remember some heated forum debates in Carlisle because people were slating Fred Storey (the new owner) because he wanted to introduce business principles to the club. I went to the first meeting and he said that he would not put any of his own money into the club but he was taking a loan for a new stand (that was currently running at 17% interest)and putting it through his company so it was 6% interest. People moaned about that. He had great connections and got lots of local advertisers involved. He was a builder so he got The - previously shut - Waterworks (pronounced Watterworks) end of the ground sorted out. Still people moaned. There was even someone moaning because he decided - from his own personal finances - to put a statue of Hugh Mcilmoyle outside the ground. When he left he left the club in a much better state and - if memory serves me right - two leagues higher than where he found it.
Incidentally, if you want to draw a comparison between Mr Storey at Carlisle and something closer to home please do. He ran things on good business principles, he got local advertisers/businesses involved, he spoke openly with supporters and never tried to go beyond sensible limits. He also wrote off a £1.1m loan after he left.
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Post by applesnstones on May 27, 2017 17:32:42 GMT
What a great read. The worries over money men is said time and time again but football clubs just don't seem to heed it. I can remember some heated forum debates in Carlisle because people were slating Fred Storey (the new owner) because he wanted to introduce business principles to the club. I went to the first meeting and he said that he would not put any of his own money into the club but he was taking a loan for a new stand (that was currently running at 17% interest)and putting it through his company so it was 6% interest. People moaned about that. He had great connections and got lots of local advertisers involved. He was a builder so he got The - previously shut - Waterworks (pronounced Watterworks) end of the ground sorted out. Still people moaned. There was even someone moaning because he decided - from his own personal finances - to put a statue of Hugh Mcilmoyle outside the ground. When he left he left the club in a much better state and - if memory serves me right - two leagues higher than where he found it. Incidentally, if you want to draw a comparison between Mr Storey at Carlisle and something closer to home please do. He ran things on good business principles, he got local advertisers/businesses involved, he spoke openly with supporters and never tried to go beyond sensible limits. He also wrote off a £1.1m loan after he left. It's a circular story, they now somehow have the money for a 3G pitch... |
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Post by Deleted on May 28, 2017 7:02:23 GMT
What a great read. The worries over money men is said time and time again but football clubs just don't seem to heed it. I can remember some heated forum debates in Carlisle because people were slating Fred Storey (the new owner) because he wanted to introduce business principles to the club. I went to the first meeting and he said that he would not put any of his own money into the club but he was taking a loan for a new stand (that was currently running at 17% interest)and putting it through his company so it was 6% interest. People moaned about that. He had great connections and got lots of local advertisers involved. He was a builder so he got The - previously shut - Waterworks (pronounced Watterworks) end of the ground sorted out. Still people moaned. There was even someone moaning because he decided - from his own personal finances - to put a statue of Hugh Mcilmoyle outside the ground. When he left he left the club in a much better state and - if memory serves me right - two leagues higher than where he found it. Incidentally, if you want to draw a comparison between Mr Storey at Carlisle and something closer to home please do. He ran things on good business principles, he got local advertisers/businesses involved, he spoke openly with supporters and never tried to go beyond sensible limits. He also wrote off a £1.1m loan after he left. It's a circular story, they now somehow have the money for a 3G pitch... At least the new owner seems to want to fund the infrastructure rather than just chucking money at the playing side. |
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Post by Deleted on May 28, 2017 9:19:45 GMT
This is Nikki Bull's story. It is not the full Margate story. So from Nikki's perspective it's not a circular one.
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Post by applesnstones on May 28, 2017 14:58:53 GMT
It's a circular story, they now somehow have the money for a 3G pitch... At least the new owner seems to want to fund the infrastructure rather than just chucking money at the playing side. True, but in the event he "Lasletts" and all the money is gone once more, the same problems will return. |
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Post by Deleted on May 29, 2017 19:39:46 GMT
I don't follow? The investment in the pitch makes the club potentially profitable to future investors.
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Post by Deleted on Jun 10, 2017 13:59:24 GMT
Nikkis version is very biased. All propaganda is. New owners seem to want to invest in margates future which is about tome and has been a long time coming.
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