| tomorrow can't come quick enough 14:17 - Oct 16 with 2263334 views | batman |
Not for us, but for Bury.
i was credit checking a potential customer and decided to nosey onto
BFC's file and was (or maybe not) supprised to see a new CCJ for circa £22k lodged
only Wednesday this week.
looks like they are in need of a bumper crowd tomorrow to settle some bills |  | | |  |
| tomorrow can't come quick enough on 07:48 - Aug 24 with 3937 views | RAFCBLUE |
| tomorrow can't come quick enough on 07:13 - Aug 24 by ColDale |
My guess from what I've googled is that they are looking at following the moneyball approach. Both Newman and Campbell (despite the gambling background) seem well thouight of. Read an article in the telegraph which spoke of Campbell's history of scouting at West Ham, and Newman's time associated with Barnet comes recommended. Purely speculative, but I reckon they see an opportunity to bring in cheap players (mostly from abroad) and profit from selling them on.
Ive got no issue with the EFL extending the deadline over this. If it takes a few more days, then so be it. What I would have issue is this company suggests they've been looking into this for a ten week period which would suggest they've been lurking in the background since before the start of the CVA process. The admin / cva process still remains too easy a get out for any club to act recklessly for several years in exchange for a few months of hardship.
I reckon there's still a long way to go to get this over the line even if the EFL extend the deadline. I doubt very much that the books are all as they should be and there seems to be such a tangled web of who owes what and to whom. An above board organisation would be put off if they felt there were illegalities that had taken place or the books were in such a mess. Am I right in thinking their accounts for 2018 have still not been published? |
Yes, you are right Col - no 2018 accounts and none for the foreseeable future based on these incomplete records.
Re Moneyball - only works if you have money and in which case satisfying the EFL would be a piece of cake.
C&N will be playing on the fringes of acquiring a distressed business. There would be nothing to stop them taking this model into a non-league setting.
Like Day and Dale bury fans should ask "Who are these people?" |  |
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| tomorrow can't come quick enough on 07:58 - Aug 24 with 3857 views | James1980 |
Also what about the players, have they been in proper training all this time? Are they able to play bounce games? Match fitness? | |
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| tomorrow can't come quick enough on 08:08 - Aug 24 with 3784 views | dingdangblue |
Is there still a loan/mortgage on Gigg Lane or has that disappeared? |  |
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| tomorrow can't come quick enough on 08:17 - Aug 24 with 3717 views | smaclad1 |
| tomorrow can't come quick enough on 08:08 - Aug 24 by dingdangblue |
Is there still a loan/mortgage on Gigg Lane or has that disappeared? |
The ground and the social club mortgages/loan charges were not included in the CVA so presumably are still there. | | | |
| tomorrow can't come quick enough on 08:25 - Aug 24 with 3659 views | Cedar_Room |
This new company has known about the 23rd August deadline for as long as they’ve been ‘interested’ in buying the club. So if they haven’t been able to sort through the finances by now after 10 weeks of deliberations then tough shit. Enough games have been postponed - this should have been resolved before the season started. EFL show some integrity and end this farce. |  | | |
| tomorrow can't come quick enough on 08:27 - Aug 24 with 3648 views | smaclad1 |
| tomorrow can't come quick enough on 07:45 - Aug 24 by 1907 |
“carrington is critical to us, in the medium term, we can easily cover the £700k/pa rent/costs (inc our staff/utils), just in the winter months, allowing local semi and pro teams to train“
I have nothing to say. |
Nothing like a gigglers ignorance is there?
They don't/didn't pay rent - for once in bury's business it was legitimate as the agreement was that they maintained the facility. They didn't maintain the facility, so why should they think that City's notice to end the lease should now be withdrawn. They couldn't meet the costs before - for example, the CVA included business rates owed to Trafford Council - so why should there be any confidence that they can make it work now. | | | |
| tomorrow can't come quick enough on 08:36 - Aug 24 with 3562 views | dale4ever |
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| tomorrow can't come quick enough on 08:43 - Aug 24 with 3519 views | jonahwhereru |
So potentially (Bolton’s false start on financial commitments is a reminder that this is far from a done deal) the good people of Bury still have a football club. However they have no team. It is a bank holiday this Monday, and no player from anywhere in the world would be likely to contract to them until the change of ownership is completed.
Where does that leave the new Rochdale division as a functioning competition. Can’t see Bury playing for the next two saturday’s at least and who know when Bolton will decide to postpone more games. The EFL’s credibility is at an all time low. This is their last chance to show they are fit for office. Both Bolton any Bury must commit to playing every game laid down in the calendar or they have to go.
Otherwise the clubs should take steps to remove the board members from the EFL and get people in who understand the damage done to the game and have a tough love plan to fix it. | | | |
| tomorrow can't come quick enough on 08:47 - Aug 24 with 3481 views | DaleiLama |
| tomorrow can't come quick enough on 08:43 - Aug 24 by jonahwhereru |
So potentially (Bolton’s false start on financial commitments is a reminder that this is far from a done deal) the good people of Bury still have a football club. However they have no team. It is a bank holiday this Monday, and no player from anywhere in the world would be likely to contract to them until the change of ownership is completed.
Where does that leave the new Rochdale division as a functioning competition. Can’t see Bury playing for the next two saturday’s at least and who know when Bolton will decide to postpone more games. The EFL’s credibility is at an all time low. This is their last chance to show they are fit for office. Both Bolton any Bury must commit to playing every game laid down in the calendar or they have to go.
Otherwise the clubs should take steps to remove the board members from the EFL and get people in who understand the damage done to the game and have a tough love plan to fix it. |
Saw in the paper this morning that the vacant post ( <-nothing to do with CW1, btw ) that DJ is currently filling in at, is attracting a salary of £418k. Ought to get someone decent for that. Conditional tense used deliberately. |  |
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| tomorrow can't come quick enough on 09:22 - Aug 24 with 3249 views | TVOS1907 |
| tomorrow can't come quick enough on 07:58 - Aug 24 by James1980 |
Also what about the players, have they been in proper training all this time? Are they able to play bounce games? Match fitness? |
What players? |  |
| When I was your age, I used to enjoy the odd game of tennis. Or was it golf? |
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| tomorrow can't come quick enough on 09:34 - Aug 24 with 3128 views | dingdangblue |
| tomorrow can't come quick enough on 09:22 - Aug 24 by TVOS1907 |
What players? |
There are a few 5 a side leagues looking for teams to join. | |
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| tomorrow can't come quick enough on 09:38 - Aug 24 with 3099 views | kel |
I see some of them are already claiming these new guys must have backers.
It must be Peel Holdings. |  | | |
| tomorrow can't come quick enough on 09:39 - Aug 24 with 3092 views | Dalenet |
I am still a bit lost. So they applied for a CVA and agreed a 25p in the pound deal. Debts were reported to be £12m. But Dale is waffling on about how it wasn't his fault that the club had £40m of debt? Does that mean there are loans and ground mortgages to the tune of £28m or is he bullshiting it again?
As for the EFL.......no amount of money paid to a CEO or Board matters if they are not focussed and disciplined. Who is policing the 60% salary cap rule. Clearly bury have been spending more than 100% for years. And who thinks its okay that the combined debt for the championship clubs is more than £1bn? | | | |
| tomorrow can't come quick enough on 09:41 - Aug 24 with 3067 views | 442Dale |
| tomorrow can't come quick enough on 09:38 - Aug 24 by kel |
I see some of them are already claiming these new guys must have backers.
It must be Peel Holdings. |
But whatever you do. Don’t start digging yet.
They’ve done it, remember. |  |
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| tomorrow can't come quick enough on 09:43 - Aug 24 with 3043 views | kel |
| tomorrow can't come quick enough on 09:41 - Aug 24 by 442Dale |
But whatever you do. Don’t start digging yet.
They’ve done it, remember. |
Looks like that bullockbalamos bloke has learnt sweet fook all. | | | |
| tomorrow can't come quick enough on 09:44 - Aug 24 with 3013 views | TVOS1907 |
| tomorrow can't come quick enough on 09:43 - Aug 24 by kel |
Looks like that bullockbalamos bloke has learnt sweet fook all. |
Just him? | |
| When I was your age, I used to enjoy the odd game of tennis. Or was it golf? |
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| tomorrow can't come quick enough on 09:45 - Aug 24 with 2993 views | DaleiLama |
| tomorrow can't come quick enough on 09:44 - Aug 24 by TVOS1907 |
Just him? |
No | |
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| tomorrow can't come quick enough on 09:45 - Aug 24 with 2991 views | Cleedale |
| tomorrow can't come quick enough on 08:25 - Aug 24 by Cedar_Room |
This new company has known about the 23rd August deadline for as long as they’ve been ‘interested’ in buying the club. So if they haven’t been able to sort through the finances by now after 10 weeks of deliberations then tough shit. Enough games have been postponed - this should have been resolved before the season started. EFL show some integrity and end this farce. |
So true Cedar.
This whole sage has gone on so long and would probably not outside of football.
The EFL made a stance and gave numerous opportunities and improved deadlines throughout.
They now NEED to stand by their guns and eliminate bury from the League.
Sure, if a takeover is potentially going through - then fair enough; let the buyers proceed BUT without the potential for future EFL funding. That is what they are all hankering over as they are basically getting money for nothing (being a member of the League.
Come on EFL - is there anyone there left with any clout?!! | | | |
| tomorrow can't come quick enough on 09:46 - Aug 24 with 2964 views | kel |
| tomorrow can't come quick enough on 09:44 - Aug 24 by TVOS1907 |
Just him? |
I’ve only had a quick glance. I’m sure I’ll have lots to entertain me when I have a proper look.
It’s fairly clear though that most have reverted to type. Just as we knew they would. | | | |
| tomorrow can't come quick enough on 09:48 - Aug 24 with 2944 views | TVOS1907 |
| tomorrow can't come quick enough on 09:46 - Aug 24 by kel |
I’ve only had a quick glance. I’m sure I’ll have lots to entertain me when I have a proper look.
It’s fairly clear though that most have reverted to type. Just as we knew they would. |
I particularly like the "we can easily find £700K to run Carrington" line, which has gone with very little challenge. | |
| When I was your age, I used to enjoy the odd game of tennis. Or was it golf? |
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| tomorrow can't come quick enough on 09:49 - Aug 24 with 2910 views | Scunnydale |
As others have mentioned, the fact C&N have been reported to have been sniffing around for 10 weeks and chose to put their bid in 16mins before the deadline sounds dodgy as hell. Where was the news of this potential takeover the other day/week/month?
Couple that with the reported lack of funds in the company account or whatever it was (I'm not into finances, so excuse the vagueness), and alarm bells should be ringing.
But no, let's talk about buying top-class players and pushing for promotion. It's going to happen again, isn't it? |  | | |
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