Breaking News Chairman's Statement - OS

[Yorkshire Blue]

so why isnt every other league one and two club in the same situation? ones who havent had such lucrative cup fixtures, sold a fairly decent amounts worth of asset players

Because their working capital wasn't being provided by a property development company?

 

[sufcfed]

Because they weren in the middle of getting a new stadium built.

(Oh and some are struggling, just look at the points deducted!)

stop trying to make excuses, the stadium shouldv been left then if this is were it gets us!

 

[seany t]

so why isnt every other league one and two club in the same situation? ones who havent had such lucrative cup fixtures, sold a fairly decent amounts worth of asset players

Because they weren't in the middle of moving grounds using loans that were there 3 years ago and now aren't. We don't own Roots Hall. Or the land it's on. Or the farm we're moving to (yet).

So essentially we're just a brand with some players on it's books, as opposed to a viable business enterprise.

I believe...?

 

[cfozzie]

so why isnt every other league one and two club in the same situation? ones who havent had such lucrative cup fixtures, sold a fairly decent amounts worth of asset players

coz different chairmans of clubs have different busnisses some which have been affected by the recession some which havn't unfortuentely we have so that answers that.

 

[GBJ]

Now he can say he did all he could but HMRC decided to put us in Administration.

I'm still confused on the whole points deduction caper. 10 points for VOLUNTARILY going into admin, but for actually being PUT in it means what? I know i keep banging on about the 30 points deduction, but i'm still not 100% clear on it :dim:

 

[sufcfed]

Because their working capital wasn't being provided by a property development company?

so whos to blame for that then

 

[sufcfed]

coz different chairmans of clubs have different busnisses some which have been affected by the recession some which havn't unfortuentely we have so that answers that.

exactly so its the chairmans fault!?

 

[yogi bear up the cagire]

One of the things that's thrown me a bit was that the HMRC want to put us into administration because they clearly don't believe that they are going to get their money. Is there any difference between us voluntarily puting ourselves into administration.............and the HMRC doing it for us?

 

[palexander]

Not read all 7 pages, but my take is;

Ron being very much out of order and as usual twists things around so that he doesnt look like the bad guy.

How stupid to say that HMRC are being 'aggressive' and are trying to 'rip the club away' - how dramatic.

Fact is, as I do - as any business does, you HAVE to pay HMRC. They give you a deadline, you pay it. They are only seeking what is rightfully theirs and what is now long overdue.

I hope everyone can see through this. Yes, this isnt the time for finger pointing and we all have to stick together etc, but there will be a time for finger pointing and at the end of the day the buck stops with Ron. He has put us on the brink and its all his own doing - recession or no recession, 99% of the other league clubs are not in this state.

Financially you can have some sympathy with him, but by god he loves to ham it up.

 

[Jam_Man]

stop trying to make excuses, the stadium shouldv been left then if this is were it gets us!

Oh yeah because everyone could read the future and nobody was happy when the stadium was agreed.

 

[GBJ]

The recession.

TBH though, there are 91 other clubs in the football league, and i can only see us in this kind of trouble at the moment

 

[Yorkshire Blue]

so whos to blame for that then

Vic Jobson.

He left us saddled with debts and not owning our own stadium.

Ron Martin bought a club in crisis and that crisis has never really been resolved.

In fact, it probably even pre-dates Jobson, although he certainly exacerbated it.

 

[jamesmut2000]

It does , however, take the responsibility for putting us into administration out of Rons hands....

As it stood yesterday Ron would be the one putting us into administration and that would have reflected badly on him and also would have looked a bit dodgy were he to be involved with any buying out .
Now he can say he did all he could but HMRC decided to put us in Administration.

Unless he seriously has ideas that he can get the money required in a week, it just becomes a Ron Martin face saving exercise

Nail.Head.Hit.

That was exactly my thought!

 

[sufcfed]

Oh yeah because everyone could read the future and nobody was happy when the stadium was agreed.

Plenty on here could see what was happening? they just got flamed down when they spoke

 

[Yorkshire Blue]

Not read all 7 pages, but my take is;

Ron being very much out of order and as usual twists things around so that he doesnt look like the bad guy.

How stupid to say that HMRC are being 'aggressive' and are trying to 'rip the club away' - how dramatic.

Fact is, as I do - as any business does, you HAVE to pay HMRC. They give you a deadline, you pay it. They are only seeking what is rightfully theirs and what is now long overdue.

I hope everyone can see through this. Yes, this isnt the time for finger pointing and we all have to stick together etc, but there will be a time for finger pointing and at the end of the day the buck stops with Ron. He has put us on the brink and its all his own doing - recession or no recession, 99% of the other league clubs are not in this state.

Financially you can have some sympathy with him, but by god he loves to ham it up.

Ron hasn't put us on the brink, we were already on the brink.

The club he purchased was not a viable business. The only way it might have survived was if the stadium development made everyone loads of money.

Ron isn't a saint, the sun doesn't shine out of his backside (he uses that mainly for talking), but this isn't his doing.

 

[Stanbridge]

Ron Martin has been taking your club up the backside from Day 1.As an 'outsider' it has been fascinating to watch over the past few years as the penny finally dropped with more and more of you. I find it remarkable that there are still some deluded individuals on here, who want to defend him.You know where he lives. I think the fans of most clubs would have long since got together and gone round there and let him know what they thought of him, and what he was doing to their football club.

 

[cfozzie]

has anyone ever thought that actually administartion is the way foward as even though we might get relegated clubs like gillingham, brentford, rotherham and bournemouth have benifited from it as we would get a new chairman more money and no debt which means tilly can finally do his job properly.

 

[TJC]

You’re going down, you’re going down, you’re going, you’re going to league 2.

To the theme of “Three lions”

700k says we won't.
Just for safety, just deposit you're wager with HMRC and tell them its the Southend money.

 

[palexander]

Ron hasn't put us on the brink, we were already on the brink.

The club he purchased was not a viable business. The only way it might have survived was if the stadium development made everyone loads of money.

Ron isn't a saint, the sun doesn't shine out of his backside (he uses that mainly for talking), but this isn't his doing.

Either way, its his PR that has ruined his reputation with me.

Constant lies, treating fans like idiots. He is a very own "comical"-Ali... 'nothing to see here, all is fine'.

I fail to see how its not his fault though. If he brought a club on the brink and subsidised debt, fair play - but that was what 5 years ago? In that time, we've had back to back promotions, 2 cup finals, big cup games, sold players - yadda, yadda - everyone knows the spiel.

Bad financial management is surely the bottom line of Rons reign?

 

[Angell Delight]

has anyone ever thought that actually administartion is the way foward as even though we might get relegated clubs like gillingham, brentford, rotherham and bournemouth have benifited from it as we would get a new chairman more money and no debt which means tilly can finally do his job properly.

Exactly what me and my Uncle were talking about. A lot of the time when clubs go into administration they seem to come out of it in a far better position (be it from a wealthy benefactor if they're lucky or via a solid take-over). The likes of Hull, Peterborough, Notts County etc have all been in deep financial difficulties in recent years and look at them now.

I'm not saying we would be that lucky, but I certainly don't see the chances of the club going (or being allowed to go) bust as anything more than very, very remote. If the situation was that dire we live in an age and a society where someone would come along and save us - it's very fashionable for wealthy businessmen to own football clubs nowadays be it domestic-based or a rich Arab.

On another note does anyone have David Sullivan's phone number?