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Post by swampy on Jan 11, 2023 14:20:58 GMT
I have been told a figure and it is not as hight as that Mick. Unless he has bought a chunk of the ground holding company it can't possibly be anywhere near that figure. The club taken as a business on its own wouldn't be worth a million quid and remember, he has purchased a 51% share, not the whole thing. the purchase of shares from Oliver and Terry puts money in their pocket, not the club (i.e. he is purchasing shares from the directors, not the club). His capital investment in the actual business will be a separate amount. Given how keen Oliver and Terry were to move on my guess - and it is a guess - would be that he hasn't actually paid that much for the club shares but the agreement would have likely been that he puts x amount of capital into the club. The ground assets in the Holding Company are I think worth something like 3 million so that would be a higher figure but again, if he buys into that he is purchasing shares from the existing directors and the money paid is theirs and not the club's. In summary we all need to remember there are two separate businesses: one is the club, the other is the ground so it's not straightforward and that, when you buy a business you are purchasing shares from the owners and not the club itself. Do we know for sure that he has only purchased 51% of shares. That's only what has been reported on this fourm. My understanding from a source close to the club is that he's purchased the club lock, stock & barrel. I guess time will tell.
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Post by daveu on Jan 11, 2023 14:34:11 GMT
Unless he has bought a chunk of the ground holding company it can't possibly be anywhere near that figure. The club taken as a business on its own wouldn't be worth a million quid and remember, he has purchased a 51% share, not the whole thing. the purchase of shares from Oliver and Terry puts money in their pocket, not the club (i.e. he is purchasing shares from the directors, not the club). His capital investment in the actual business will be a separate amount. Given how keen Oliver and Terry were to move on my guess - and it is a guess - would be that he hasn't actually paid that much for the club shares but the agreement would have likely been that he puts x amount of capital into the club. The ground assets in the Holding Company are I think worth something like 3 million so that would be a higher figure but again, if he buys into that he is purchasing shares from the existing directors and the money paid is theirs and not the club's. In summary we all need to remember there are two separate businesses: one is the club, the other is the ground so it's not straightforward and that, when you buy a business you are purchasing shares from the owners and not the club itself. Do we know for sure that he has only purchased 51% of shares. That's only what has been reported on this fourm. My understanding from a source close to the club is that he's purchased the club lock, stock & barrel. I guess time will tell. The article on the club website said a controlling interest so 51% sound plausible.
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Post by jdl on Jan 11, 2023 17:05:42 GMT
Oliver gives that impression in his RK interview. But nothing is tied up legally at the moment, so no one can say anything with absolute certainty.
On the other hand, this guy's (apparently) already had a hand in Hak's sacking and has paid for a free coach, so I assume he's serious!
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Post by 61666 on Jan 28, 2023 17:47:36 GMT
So, just where do we go from here? Lose every game from now to the end of season and then start again? Or be aim to get someone new in soon, to start the rebuilding process? George Elokobi is already showing he is out of his depth at this level, even accepting he doesn't have any sort of team to work with. As said elsewhere, how can we play well against the top two teams, then be rubbish against Aldershot and Torquay? The only reason I can think of is that the club accepts we are already down, George has been given the nod for next season and with it the freedom to experiment. If so, we are in deeper shite than I thought... Have felt this for some time, but not said anything, but am afraid that the root cause of our problems could well be:
Bill Williams
I have every respect for what he has done for the club, but if he is behind managerial appointments over the last few years, then his choices since Jay Saunders was sacked are poor. Maybe it is not just down to him, but however we choose our managers must now come under serious scrutiny. We don't just need a new management and coaching team, we need to reflect long and hard about HOW we choose. We have had one good season since Jay's promotion days and that reflects poor recruitment at all levels. I think it is now time for Bill to retire gracefully, so somebody new with football knowledge can be brought in to start rebuilding. Sorry Bill...
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Post by Bernie on Jan 28, 2023 17:53:03 GMT
The players who underperformed under Hakan are now underperforming under George. All that tells us is that the players aren’t very good. You can’t polish a turd. Let George begin planning for the next season in the NLS. Complete clear out and recruit the best part timers.
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Post by jdl on Jan 28, 2023 18:01:12 GMT
So, just where do we go from here? Lose every game from now to the end of season and then start again? Or be aim to get someone new in soon, to start the rebuilding process? George Elokobi is already showing he is out of his depth at this level, even accepting he doesn't have any sort of team to work with. As said elsewhere, how can we play well against the top two teams, then be rubbish against Aldershot and Torquay? The only reason I can think of is that the club accepts we are already down, George has been given the nod for next season and with it the freedom to experiment. If so, we are in deeper shite than I thought... Have felt this for some time, but not said anything, but am afraid that the root cause of our problems could well be: Bill Williams I have every respect for what he has done for the club, but if he is behind managerial appointments over the last few years, then his choices since Jay Saunders was sacked are poor. Maybe it is not just down to him, but however we choose our managers must now come under serious scrutiny. We don't just need a new management and coaching team, we need to reflect long and hard about HOW we choose. We have had one good season since Jay's promotion days and that reflects poor recruitment at all levels. I think it is now time for Bill to retire gracefully, so somebody new with football knowledge can be brought in to start rebuilding. Sorry Bill... Sadly - VERY sadly - this is something I've been thinking (but not daring to say) for some time. T&O are fans, they don't (appear) to know any more about running a football club than I do. They were lucky with Jay's appointment, and consequently didn't have to much more for the next few seasons than sit back and enjoy the ride. Then the realities of NL came home and they didn't know what to do. But that was OK, because they had Bill to take the football decisions. But that hasdn't exactly worked out too well...
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Post by jdl on Jan 28, 2023 18:03:27 GMT
The players who underperformed under Hakan are now underperforming under George. All that tells us is that the players aren’t very good. You can’t polish a turd. Let George begin planning for the next season in the NLS. Complete clear out and recruit the best part timers. They have proven several times that they ARE good enough to stay up. But to succeed, you need a manager who can get the best out of his players - all the time. Hak clearly couldn't do that at NL level.
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Post by steveh21 on Jan 28, 2023 18:09:47 GMT
The players who underperformed under Hakan are now underperforming under George. All that tells us is that the players aren’t very good. You can’t polish a turd. Let George begin planning for the next season in the NLS. Complete clear out and recruit the best part timers. On what basis do u think George is the right person for the manager's post? He has yet to win a game in 90mins.. four matches down.. I'd like him to prove he has what it takes before the owners make an appointment based on emotion. But u are right..even King George cannot polish a turd 😀😀😀
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Post by jdl on Jan 28, 2023 18:12:44 GMT
The players who underperformed under Hakan are now underperforming under George. All that tells us is that the players aren’t very good. You can’t polish a turd. Let George begin planning for the next season in the NLS. Complete clear out and recruit the best part timers. On what basis do u think George is the right person for the manager's post? He has yet to win a game in 90mins.. four matches down.. I'd like him to prove he has what it takes before the owners make an appointment based on emotion. But u are right..even King George cannot polish a turd 😀😀😀 He'd make a good coach, but, sadly (at least not yet) he doesn't seem to have what it takes to manage. He's a nice guy - perhaps that's his problem?
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Post by pwoodstone on Jan 28, 2023 18:13:30 GMT
The players who underperformed under Hakan are now underperforming under George. All that tells us is that the players aren’t very good. You can’t polish a turd. Let George begin planning for the next season in the NLS. Complete clear out and recruit the best part timers. They have proven several times that they ARE good enough to stay up. But to succeed, you need a manager who can get the best out of his players - all the time. Hak clearly couldn't do that at NL level. When did they prove they are good enough to stay up?
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Deleted
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Post by Deleted on Jan 28, 2023 18:17:57 GMT
So, just where do we go from here? Lose every game from now to the end of season and then start again? Or be aim to get someone new in soon, to start the rebuilding process? George Elokobi is already showing he is out of his depth at this level, even accepting he doesn't have any sort of team to work with. As said elsewhere, how can we play well against the top two teams, then be rubbish against Aldershot and Torquay? The only reason I can think of is that the club accepts we are already down, George has been given the nod for next season and with it the freedom to experiment. If so, we are in deeper shite than I thought... Have felt this for some time, but not said anything, but am afraid that the root cause of our problems could well be: Bill Williams I have every respect for what he has done for the club, but if he is behind managerial appointments over the last few years, then his choices since Jay Saunders was sacked are poor. Maybe it is not just down to him, but however we choose our managers must now come under serious scrutiny. We don't just need a new management and coaching team, we need to reflect long and hard about HOW we choose. We have had one good season since Jay's promotion days and that reflects poor recruitment at all levels. I think it is now time for Bill to retire gracefully, so somebody new with football knowledge can be brought in to start rebuilding. Sorry Bill... Sadly - VERY sadly - this is something I've been thinking (but not daring to say) for some time. T&O are fans, they don't (appear) to know any more about running a football club than I do. They were lucky with Jay's appointment, and consequently didn't have to much more for the next few seasons than sit back and enjoy the ride. Then the realities of NL came home and they didn't know what to do. But that was OK, because they had Bill to take the football decisions. But that hasdn't exactly worked out too well... There's no one at the club who knows more about the game than Bill. I suspect the issue comes more from the owners overuling or going against sound advice as they did when they hired Wheeler
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Post by pwoodstone on Jan 28, 2023 18:34:52 GMT
Sadly - VERY sadly - this is something I've been thinking (but not daring to say) for some time. T&O are fans, they don't (appear) to know any more about running a football club than I do. They were lucky with Jay's appointment, and consequently didn't have to much more for the next few seasons than sit back and enjoy the ride. Then the realities of NL came home and they didn't know what to do. But that was OK, because they had Bill to take the football decisions. But that hasdn't exactly worked out too well... There's no one at the club who knows more about the game than Bill. I suspect the issue comes more from the owners overuling or going against sound advice as they did when they hired Wheeler This is the problem. Bill is the one who knows most. He is great. He has been great. He should still have a place at the club as I reckon he has a lot to offer but he shouldn’t be the person at the club who knows most about football. We need a new person, new direction, new recruitment plan.
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Post by Bernie on Jan 28, 2023 19:05:04 GMT
The players who underperformed under Hakan are now underperforming under George. All that tells us is that the players aren’t very good. You can’t polish a turd. Let George begin planning for the next season in the NLS. Complete clear out and recruit the best part timers. On what basis do u think George is the right person for the manager's post? He has yet to win a game in 90mins.. four matches down.. I'd like him to prove he has what it takes before the owners make an appointment based on emotion. But u are right..even King George cannot polish a turd 😀😀😀 I don’t care right now. Just chatting shit because, what else is there to do?
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Post by scooby on Jan 28, 2023 19:15:39 GMT
Can we not just turn up, wave, chant, bounce, enjoy ourselves knowing we are complete and utter dogs and anything other than that is a bonus. Sing when we're losing and we don't care.
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Post by sword65 on Jan 28, 2023 19:38:44 GMT
Can we not just turn up, wave, chant, bounce, enjoy ourselves knowing we are complete and utter dogs and anything other than that is a bonus. Sing when we're losing and we don't care. Sounds good to me,I may even come to a game before the end of the season and do some bouncing😁
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