| Forum Reply | Trust Update on Shares at 21:44 2 Sep 2021
Key to all this is getting the Trust to have control of 50.1% of the shareholding. So pledging/proxy your shareholding to the Trust could privecrucial This could potentially give us the chance to go for an EGM and push through a resolution to issue shares without pre emption. Im no guru so would like others with more experience to comment. (RAFC ? ) Guesswork is no good at this stage. Hopefully the new board will have a plan in place. Still need to be wary of the snakes |
| Forum Reply | Further Q&As at 00:11 11 Jun 2020
There certainly seems to be a charm offensive going on here. giving all the 'right answers' to the questions posed. I have a couple of concerns around the answers. i'm no expert but here's my observations for what they are worth Holding a Controlling Interest but saying the current Board are doing a fine job and if they want us (them) to join then all they need to do is ask.... Really ?? If I held 51% of the shares i'd damn well want to be Chairman. "In the event of NO INTEREST LOANS then there would be no security required". What about LOANS WITH INTEREST ? These investors are not putting their money into Little Old Rochdale for the love of the Club or in memory our Our Gracie. They are going to want a return. These types of Loans could be taken out visa vie SD1@bURY with potentially the same 'introductory fees' and higher than normal repayment terms. Also would the NEW Commercial Staff really be an investment or just a costly overhead ?. Just like a signatory signing on too high a wage that breaks down in training after a week never to be seen again. I, personally, am very sceptical about the whole approach AND the End Game behind it from our new 'as Supporters' Beware the wolf in sheep's clothing |
| Forum Reply | New shares at 15:00 12 Mar 2020
Here’s a thought If the Club ‘needs’ a more up to date training facility then they have at their fingertips a base to start from. If it was me, and i know its not, i would be approaching Rochdale Cricket Club to form some form of partnership and start looking at ways to develop Redbrook into a ‘Centre for Sport’ in Rochdale. There is an agreement of some sort at the moment and this could possibly be expanded on. Grants both from various sources could be available. There is sufficient land for a 4/5G football pitch and the ‘lacrosse pitch’ also could be upgraded to 4/5G. I think there may be enough room for a couple of Hockey pitches as well. All of which could be available outside a normal training schedule for the use of Schools and local clubs etc. The clubhouse has changing facilities and a kitchen to provide meals for the staff and players. There is space for Team/tactical talks etc both down and upstairs The Cricket Club would benefit from extra footfall with the extra benefits of more food and bar sales Whether this would be owned by RCC or RAFC or a Joint Venture i don’t know but i think its worth exploring |
| Forum Reply | tomorrow can't come quick enough at 20:43 12 Oct 2019
I am Chalky White and i claim your prize Seriously though. When i first posted the initial comments. I only thought it would last at best a week. Little was i to know that it was going to be the key that opened a full can of pilchards |
| Forum Reply | tomorrow can't come quick enough at 23:13 27 Aug 2019
Well here we are at the end ofthe rainbow. Like i said previously I’m not 100% anti bury. Just how most of their fans. Well what is now ‘ex fans’ WOULDN’T see the wood for the trees. Ive followed the time line of SD1 since my original post and at each turn it had filled me with more fear for the future of bfc as each loan (taken out) was lodged at Company House. Not just around bfc but all of the ‘Mederco’ incarnations. Default after default followed default. All this whilst ‘stellar’ signings (at lower league levels) were made. Only a few questioned this and to those of you that did I respect you. Those of you that shouted down these supporters should hang your heads in shame and if you had a single ounce of self respect you should be big enough to go on your board and apologise. That i doubt will happen. SD2 came along and again most with half a brain could see his modus operandi. He’s done OK for his ‘quid’. He’d only have to pay himself a tenner and he’d be enjoying a ROI us mere mortals could dream of. I suspect he’s been able to squirrel away a considerable amount more. Its not hard to hide cash from the authorities if you are the one doing the counting and reporting. He’ll not be worried about what any investigation unearths as he can claim, it wasn’t me Gov but that geezer before me. do you know he’s left a trail of devastation amounting to Tens of Millions. Its him you should be looking to clamp in irons. What next for our near neighbours ? I suspect Years and years in the wilderness. They won’t play at Gigg of that I’m fairly certain SD2 may want to rent it out to the Phoenix club but if anyone involved in the reincarnation lines this odious mans pockets then they surely are more deluded than most of us think. It will, however, be a long road back. Just ask any Halifax fan, but, the Shaymen are now eventually ‘nearly’ there. The recent offer from C+N was unlikely to get the go ahead due to their involvement with gambling and the ‘new’ offer as i suspected was smoke screen by Dale to buy more time to find someone/anyone stupid enough to pay him what he (my arse) deserves Ill miss the derby days as most of the banter with real fans was good humoured and was give and take. I doubt I’ll still be inhabiting this world by the time the next derby takes place but, IF i am, i hope that Its on a level playing/financial field |
| Forum Reply | tomorrow can't come quick enough at 22:28 21 Aug 2019
I’m certainly no legend In fact I didn’t renew my season ticket LAST year Got fed up with the football being played under Hill So I ‘did one’. Seems by all accounts of the style of play under BBM I may just be back (near) my old seat. Hopefully I’ll be welcomed back by my old muckers In retrospect, what brought me to Spotland was, apart from other things I won’t go in to. Was the camaraderie amongst the fans. That i do miss. The people (hopefully you know who you are); who I sat amongst for many a year brightened my Saturday afternoons. Not least the exchanges of various home made cakes, parkin and Mince pies (mine were the best ) and tales of which of us were unfortunate enough to witness the worst ever players to wear a Dale shirt. I’m originally from Huddersfield and am, probably, to the chagrin of a lot more of the posters a ‘heathan’ in footballing terms by deserting my home town club. Well if that is the case then I’m proud to be one UTD |
| Forum Reply | tomorrow can't come quick enough at 17:39 21 Aug 2019
Hi All I’ve been lurking around the thread since it’s conception without much comment. I was going to pen something at work today but was too busy to do so. I’m flattered 🤓 that it has caused much amusement on This board and equal consternation on t’other board. With regards to any financial rewards (not that there bloody is any) I’m not bothered about. If it’s helped in anyway to keep THIS board ticking over with ‘clicks’ then I’m happy When I get a minute I’ll give my two penneth on this on this sorry affair, but as my opening post alluded to, I along with many many of my fellow Daley’s could see what was happening before our eyes and unfortunately but for the few Shakers that could also see this, the rest could not. The rest just bought into the 2SD’s vision of a pot at the end of the rainbow They couldn’t see it was just a ‘piss pot’ and now they don’t even have that left to piss in to. |
| Forum Reply | Worried! at 11:38 7 Dec 2018
There has always been an orderly transition from Chairman to Chairman with the incoming being 'schooled' in the way the club (has had to) operate. Budgets were always tight as income was virtually non existent. This appears to be not The Rochdale Way Perhaps the new Chairman has money to invest. His father was very successful and if he has enjoyed similar success he may fancy investing in RAFC. The coming months/years could be interesting to say the least |
| Forum Reply | tomorrow can't come quick enough at 08:16 21 Sep 2018
troubles mount for Stewie Mederco ( is it or is it not the vehicle that funds BFC) has had the following lodged at Companies House ''First Gazette notice for compulsory strike-off This document is being processed and will be available in 5 days.'' this will probably be challenged by HMRC and withdrawn as they (HMRC) try to recover VAT etc |
| Forum Reply | tomorrow can't come quick enough at 13:21 13 Jul 2018
Lets hope Chester got their money up front. just had notification of yet another CCJ. Only £210.00 short of reaching £100k of outstanding CCJ's now |
| Forum Reply | tomorrow can't come quick enough at 11:23 6 Jul 2018
The debt isn't to Mederco BFC though, according to the Accounts lodged at Co House its to Mederco Ltd There is no record on either of the above two 'Mederco's of any related party transactions and Bury FC Stewie appears not only to be good at playing with words for the benefit of the Bury supporters (who I do feel for) but also very good at manipulating (non) funds as far as Balance Sheets are concerned. |
| Forum Reply | tomorrow can't come quick enough at 16:44 4 Jul 2018
Another CCJ lodged today for £43659 making 11 now outstanding for a grand total of £95525 Stewie needs to sell his £60mill of assets pretty damn quick before one of his Creditors sends the Bailiffs in |
| Forum Reply | tomorrow can't come quick enough at 20:05 11 Jun 2018
Something he alluded to at their fans forum. Sale of some of his student accommodation apparently |
| Forum Reply | tomorrow can't come quick enough at 14:00 11 Jun 2018
Two more CCJ's lodged 25/5 - £882 6/6 - £772 coming to something when you can't/won't pay even your smaller creditors, who probably need the money more than most. This despite the Chur saying he was due to receive £60 million |
| Forum Reply | tomorrow can't come quick enough at 16:58 16 Apr 2018
The meltdown is probably akin to the polar caps melting rather than being thrown into a blast furnace. SD seems quite astute at teaming and ladelling the debts across his Co's. and manipulating Balance Sheets. One of his recent moves was to shorten the accounting period by 'one day' to 30th May. now it may be purely coincidental that there are 1.4 million shares of £1.00 due to be paid by 31.5.2017. These are showing as 'paid' but i would suggest that they are only 'paid on paper' and not in hard cash. that is pure guesswork but i don't think i'll be far off the mark. by doing this the £1.4 will be shown as an amount due within 12 months in the accounts and as such an asset also Medrco BFC, Bury's major shareholder has an outstanding CCJ OF £29711 against it's name and at the last posting of its accounts had shareholder funds of only £91115. i'm no accountant, but have a small business, so have a minor knowledge of how things should work. but am willing to stand corrected if my supposition is wrong |
| Forum Reply | Down at #buryfc whilst we hogged all the limelight in the FA Cup media...... at 21:19 2 Mar 2018
Now all this is in all likelihood just a coincidence, but Stewie is the sole director of Mederco (Plymouth) ltd I’m guessing this is another of Stewie’s vehicles to build Student accommodation Now Moneything P2P lending Platform, Lend some £2.8million to a property developer to build Student Accomodation in, yes you’ve guessed it Plymouth. Loan is now defaulted on and liquidators appointed. Now I could be adding 2+2 together and getting 5 and it has nothing at all to do with Mederco (Plymouth) ltd The coming weeks may prove that the answer should have been 4 |
| Forum Reply | Wembley tickets on sale tomorrow (Thursday) at 09:25 23 Feb 2018
If it helps anyone that might need seats together I have an Adult + Child S/T spare. I was planning to go with my son but work commitments have got in the way. I could meet someone at the club circa 4.30 today |
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