| tomorrow can't come quick enough 14:17 - Oct 16 with 2296354 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 09:48 - Jul 12 with 8866 views | TheFatController |
| tomorrow can't come quick enough on 23:41 - Jul 10 by RAFCBLUE |
Interesting move this by buryfc both for the action and the timing.
The recently (29th June) filed accounted for 2016/17 showed a company with 8.9m shares.
Now there are 9.9m in the 2018/19 season.
There is no cash benefit of doing this and the shares are worthless so why bother?
The only conclusion you can make is that to get the accounts signed off - the other side to bury’s creditor has to show a debtor which can’t be recovered in under a year has had to say its an investment.
In that case someone somewhere is sitting with bury as a cost of investment not as a debt owed to them.
Pure accounting management.
They must be in deep trouble with creditors further up the lending chain. |
To get the accounts signed off is one conclusion.
Another is to meet FFP. | | | |
| tomorrow can't come quick enough on 11:17 - Jul 12 with 8745 views | BigKindo |
| tomorrow can't come quick enough on 09:48 - Jul 12 by TheFatController |
To get the accounts signed off is one conclusion.
Another is to meet FFP. |
If, after the so-called due diligence, the football authorities allow ex football agents et al to take over football clubs in England then I would consider that the monitoring of Financial Fair Play is of no interest to them and, perhaps, is therefore not policed in a proper manner. The massive debts run up by some clubs, which renders them to be trading insolvently, (in itself illegal) does not appear to ring any alarm bells whatsoever so why should FFP. [Post edited 12 Jul 2018 11:19]
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| tomorrow can't come quick enough on 07:39 - Jul 13 with 8409 views | BigDaveMyCock |
| tomorrow can't come quick enough on 23:41 - Jul 10 by RAFCBLUE |
Interesting move this by buryfc both for the action and the timing.
The recently (29th June) filed accounted for 2016/17 showed a company with 8.9m shares.
Now there are 9.9m in the 2018/19 season.
There is no cash benefit of doing this and the shares are worthless so why bother?
The only conclusion you can make is that to get the accounts signed off - the other side to bury’s creditor has to show a debtor which can’t be recovered in under a year has had to say its an investment.
In that case someone somewhere is sitting with bury as a cost of investment not as a debt owed to them.
Pure accounting management.
They must be in deep trouble with creditors further up the lending chain. |
Yet they have signed Jordan Archer from Chester for an undisclosed fee described as substantial by Chester. If you’re one of those pursuing payment via these CCJs you must be livid. As far as I can see, bridging finance, often used by property developers (short term high interest), is finding it’s way to Bury via Day’s companies. It’s not his money, it’s money his companies are borrowing to develop properties with Gigg as security. | |
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| tomorrow can't come quick enough on 08:13 - Jul 13 with 8366 views | BigDaveMyCock |
Had to chuckle on the Jordan Archer Bury Forum thread. A poster said that if this exciting young hungry striker was a Keith Hill signing they would all be saying he’d unearthed another gem. Whilst it’s certainly flattering that they’re admiringly looking to us again, even a modicum of knowledge would tell them that our attempts at unearthing hidden gem forwards from non-league has been far from successful, in fact it’s probably the area that we’ve incurred most transfer losses. I won’t count Hogan in this because he’d originally played for us and we didn’t unearth him so to speak.
We lost £20k on Shaw, similar on Muldoon and are currently unlikely to get much back on the £100k we spent on Williams, a lot for a club that rarely pays transfer fees. | |
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| tomorrow can't come quick enough on 08:57 - Jul 13 with 8312 views | EllDale |
Going back a bit further, don't forget Boardman!
I suppose Craig Dawson balances that one out though! | | | |
| tomorrow can't come quick enough on 10:57 - Jul 13 with 8178 views | dawlishdale |
| tomorrow can't come quick enough on 08:13 - Jul 13 by BigDaveMyCock |
Had to chuckle on the Jordan Archer Bury Forum thread. A poster said that if this exciting young hungry striker was a Keith Hill signing they would all be saying he’d unearthed another gem. Whilst it’s certainly flattering that they’re admiringly looking to us again, even a modicum of knowledge would tell them that our attempts at unearthing hidden gem forwards from non-league has been far from successful, in fact it’s probably the area that we’ve incurred most transfer losses. I won’t count Hogan in this because he’d originally played for us and we didn’t unearth him so to speak.
We lost £20k on Shaw, similar on Muldoon and are currently unlikely to get much back on the £100k we spent on Williams, a lot for a club that rarely pays transfer fees. |
Have to disagree.
Whilst it's true that we have signed plenty of lemons from local or non league football, its been the ones who have flourished with us that have kept the club going and allowed it to take the odd gamble on a Jordan Williams. we almost certainly wouldn't have signed him had it not been for the Hogan money.
Hogan has earned the club more than we have ever earned from any player. It was Dale who took a chance on him and gave him a second chance, following his release from Hyde.
Dawson has earned us the second highest amount from any player in our history, and could well yet overtake Hogan if he moves from West Brom.
I'm sure there are several other examples. | | | |
| tomorrow can't come quick enough on 13:21 - Jul 13 with 8042 views | batman |
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 | | | |
| tomorrow can't come quick enough on 13:36 - Jul 13 with 8015 views | BigDaveMyCock |
| tomorrow can't come quick enough on 10:57 - Jul 13 by dawlishdale |
Have to disagree.
Whilst it's true that we have signed plenty of lemons from local or non league football, its been the ones who have flourished with us that have kept the club going and allowed it to take the odd gamble on a Jordan Williams. we almost certainly wouldn't have signed him had it not been for the Hogan money.
Hogan has earned the club more than we have ever earned from any player. It was Dale who took a chance on him and gave him a second chance, following his release from Hyde.
Dawson has earned us the second highest amount from any player in our history, and could well yet overtake Hogan if he moves from West Brom.
I'm sure there are several other examples. |
The point was more in terms of if Hill had made the signing of Archer I think most of us would say ‘let’s wait and see’. He was saying Bury fans would say he’s unearthed another gem. The truth is not all are gems, only a few are.
An example of premature Bury optimism if you will. [Post edited 13 Jul 2018 13:39]
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| tomorrow can't come quick enough on 13:38 - Jul 13 with 8004 views | judd |
| tomorrow can't come quick enough on 13:36 - Jul 13 by BigDaveMyCock |
The point was more in terms of if Hill had made the signing of Archer I think most of us would say ‘let’s wait and see’. He was saying Bury fans would say he’s unearthed another gem. The truth is not all are gems, only a few are.
An example of premature Bury optimism if you will. [Post edited 13 Jul 2018 13:39]
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...especially the midgets.
Can I say that? |  |
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| tomorrow can't come quick enough on 13:44 - Jul 13 with 7987 views | BigDaveMyCock |
| tomorrow can't come quick enough on 13:38 - Jul 13 by judd |
...especially the midgets.
Can I say that? |
I wish I had midget thumbs, just voted you down by accident. I quite like hitchhiking though and if drivers can’t see your thumbs it looks like you’re doing the vvanker sign to them. | |
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| tomorrow can't come quick enough on 15:04 - Jul 13 with 7870 views | BigDaveMyCock |
| tomorrow can't come quick enough on 13:38 - Jul 13 by judd |
...especially the midgets.
Can I say that? |
TTNyear, is he alright saying this?
I know you lot can a little (sorry) funny about that. [Post edited 13 Jul 2018 15:23]
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| tomorrow can't come quick enough on 15:34 - Jul 13 with 7810 views | JimmyRustler |
| tomorrow can't come quick enough on 08:13 - Jul 13 by BigDaveMyCock |
Had to chuckle on the Jordan Archer Bury Forum thread. A poster said that if this exciting young hungry striker was a Keith Hill signing they would all be saying he’d unearthed another gem. Whilst it’s certainly flattering that they’re admiringly looking to us again, even a modicum of knowledge would tell them that our attempts at unearthing hidden gem forwards from non-league has been far from successful, in fact it’s probably the area that we’ve incurred most transfer losses. I won’t count Hogan in this because he’d originally played for us and we didn’t unearth him so to speak.
We lost £20k on Shaw, similar on Muldoon and are currently unlikely to get much back on the £100k we spent on Williams, a lot for a club that rarely pays transfer fees. |
I'd hardly class spending a significant amount of money on a player as 'unearthing a gem' anyway. We are/have been in the business of polishing rough diamonds and Jordan Williams aside, we are tighter than a Nun when it comes to spending the dough [Post edited 13 Jul 2018 15:35]
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| tomorrow can't come quick enough on 17:08 - Jul 13 with 7678 views | Tommy |
| tomorrow can't come quick enough on 13:21 - Jul 13 by batman |
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 |
A notification about another clubs CCJ's? You must be fun at parties. | | | |
| tomorrow can't come quick enough on 17:20 - Jul 13 with 7636 views | judd |
| tomorrow can't come quick enough on 17:08 - Jul 13 by Tommy |
A notification about another clubs CCJ's? You must be fun at parties. |
Depends who has organised them and if they actually happen. | |
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| tomorrow can't come quick enough on 12:08 - Jul 14 with 7354 views | RAFCBLUE |
| tomorrow can't come quick enough on 07:39 - Jul 13 by BigDaveMyCock |
Yet they have signed Jordan Archer from Chester for an undisclosed fee described as substantial by Chester. If you’re one of those pursuing payment via these CCJs you must be livid. As far as I can see, bridging finance, often used by property developers (short term high interest), is finding it’s way to Bury via Day’s companies. It’s not his money, it’s money his companies are borrowing to develop properties with Gigg as security. |
That is, if there is any money BDMC.
I'd be surprised if any immediate money has been paid by bury to Chester for Jordan Archer or for Gold Omotayo.
Recruiting from National League North (Chester) and National League South (Whitehawk) is all very well but these are sixth tier clubs.
Jordan Archer scored 4 goals in 19 for Chester in the sixth tier. His strike rate is lower than Andy Morris' was here!
It tells me that bury don't have even enough money to sign a journeyman desperate to play in the league.
And if they are not careful that mix of old expensive crocks and not good enough non-leaguers will sink them out of the fourth tier and into the fifth! |  |
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| tomorrow can't come quick enough on 07:53 - Jul 24 with 6588 views | EllDale |
Have I missed something but since when has Gigg Lane been called the Energy Check Stadium?
To be accurate it should be the Bounced Cheque Stadium? | | | |
| tomorrow can't come quick enough on 20:30 - Jul 24 with 6306 views | pnc4eva1 |
According to Oldham's unofficial twitter feed they've also been given another ccj and players are waiting for their wages to clear from an offshore account. |  |
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| tomorrow can't come quick enough on 20:52 - Jul 24 with 6255 views | SuddenLad |
| tomorrow can't come quick enough on 20:30 - Jul 24 by pnc4eva1 |
According to Oldham's unofficial twitter feed they've also been given another ccj and players are waiting for their wages to clear from an offshore account. |
That was the story 2 weeks ago. Methinks something amiss if that's still the case.. |  |
| “It is easier to fool people, than to convince them that they have been fooled†|
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| tomorrow can't come quick enough on 11:51 - Jul 26 with 5831 views | Hopwoodblue |
Would anyone like to guess on what page of this thread it will be declared that bUry have finally gone into administration ? [Post edited 26 Jul 2018 11:54]
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| tomorrow can't come quick enough on 12:21 - Jul 26 with 5777 views | James1980 |
| tomorrow can't come quick enough on 11:51 - Jul 26 by Hopwoodblue |
Would anyone like to guess on what page of this thread it will be declared that bUry have finally gone into administration ? [Post edited 26 Jul 2018 11:54]
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| tomorrow can't come quick enough on 00:37 - Jul 28 with 5288 views | Tommy |
| tomorrow can't come quick enough on 11:51 - Jul 26 by Hopwoodblue |
Would anyone like to guess on what page of this thread it will be declared that bUry have finally gone into administration ? [Post edited 26 Jul 2018 11:54]
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Get the Champagne out lads. This threads anniversary coming up soon. | | | |
| tomorrow can't come quick enough on 20:49 - Sep 19 with 4596 views | MoonyDale |
Unless you were being paid up front why would any company do business with these clowns? |  |
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