| tomorrow can't come quick enough 14:17 - Oct 16 with 2263281 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 21:37 - Dec 19 with 11645 views | ceme_ender |
| tomorrow can't come quick enough on 21:12 - Dec 19 by 49thseason |
Interesting development at Bury Football Club yesterday:
Two new related companies were registered:
Bury FC Heritage Ltd and Bury FC Leisure Ltd.
The Directors are Mr Steven Derek Dale and Mr Christian Dale (son?)
Christian Dale is not a Director of Bury Football Club, which now only has Jill Neville as a surviving Director from 2002.
There are two other Bury FC Directors, Matthew McCarthy and Steven Derek Dale who were appointed on 7th December. |
What is it that interests you there? | | | |
| tomorrow can't come quick enough on 21:44 - Dec 19 with 11621 views | SuddenLad |
| tomorrow can't come quick enough on 21:37 - Dec 19 by ceme_ender |
What is it that interests you there? |
What is it that interest you on this board. ? Should have thought that the setting up of 'other companies' in relation to BFC was planty to stimulate interest given recent events.
If you're not interested, disappear over the horizon. |  |
| “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 21:51 - Dec 19 with 11590 views | judd |
Heard that the new owner has changed his forename to Upthe |  |
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| tomorrow can't come quick enough on 00:01 - Dec 20 with 11469 views | Sandyman |
Dale owns bury.
Twas ever thus. |  | | |
| tomorrow can't come quick enough on 16:59 - Feb 6 with 10859 views | aleanddale |
Bury have been losing close on £2 million every year for the last 5 years.
This year will be no different ( they will owe over £12 million next financial year ).
I thought the same, this last transfer window was a chance for Mr Dale ( great surname ) to make his mark and start the near impossible and untangle the web.
Get a pair of scissors at least!
what did he do?
Fook all - chasing the dream of league 1 football all in the name of vanity.
Lucky? You bet we are - already in their promised land with some amazing people in charge. | | | |
| tomorrow can't come quick enough on 17:07 - Feb 6 with 10835 views | SuddenLad |
..........and the saga rumbles on............all aboard......destination unknown. | |
| “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 09:21 - Feb 7 with 10435 views | D_BFC |
| tomorrow can't come quick enough on 16:59 - Feb 6 by aleanddale |
Bury have been losing close on £2 million every year for the last 5 years.
This year will be no different ( they will owe over £12 million next financial year ).
I thought the same, this last transfer window was a chance for Mr Dale ( great surname ) to make his mark and start the near impossible and untangle the web.
Get a pair of scissors at least!
what did he do?
Fook all - chasing the dream of league 1 football all in the name of vanity.
Lucky? You bet we are - already in their promised land with some amazing people in charge. |
Dawson was lined up to go to Salford but got injured a few weeks ago so couldn't be offloaded. They've been trying to agree a pay-off with Beckford but nothing doing at the moment. Bunn & Aldred are big earners out on loan but still have time on their contracts and we'll be saddled again in the summer.
Culling these players isn't as easy as it looks. Why would teams higher up the pyramid take them if they can't get in our side? Why would sides lower down take them if they're on big money and long contracts? Why would the players themselves leave if they're on decent money (assuming they're getting paid!)
The obvious point is to sell the high performers from the First XI - Mayor, O'Shea etc. Mayor is out of contract in the summer so clubs happy to wait. I believe the new SD promised Lowe no-one would be sold and put in £3million - probably to get us through the season & pay off the pressing creditors and then a concerted effort at a squad cull will happen in the summer.
As it happens I don't think we will go up anyway - we won't score 3 every week and we just cannot keep clean sheets. Play-offs at best but I suspect a late season drop down.
The question remains why a bloke with no obvious connection to Bury or football in general would take this sh!tstorm on. | | | |
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| tomorrow can't come quick enough on 11:46 - Feb 7 with 10308 views | kel |
| tomorrow can't come quick enough on 09:21 - Feb 7 by D_BFC |
Dawson was lined up to go to Salford but got injured a few weeks ago so couldn't be offloaded. They've been trying to agree a pay-off with Beckford but nothing doing at the moment. Bunn & Aldred are big earners out on loan but still have time on their contracts and we'll be saddled again in the summer.
Culling these players isn't as easy as it looks. Why would teams higher up the pyramid take them if they can't get in our side? Why would sides lower down take them if they're on big money and long contracts? Why would the players themselves leave if they're on decent money (assuming they're getting paid!)
The obvious point is to sell the high performers from the First XI - Mayor, O'Shea etc. Mayor is out of contract in the summer so clubs happy to wait. I believe the new SD promised Lowe no-one would be sold and put in £3million - probably to get us through the season & pay off the pressing creditors and then a concerted effort at a squad cull will happen in the summer.
As it happens I don't think we will go up anyway - we won't score 3 every week and we just cannot keep clean sheets. Play-offs at best but I suspect a late season drop down.
The question remains why a bloke with no obvious connection to Bury or football in general would take this sh!tstorm on. |
Excellent post and your last line shows you’re one of the more sensible bury fans that pop(s) in. It’s bizarre that after what happened to you lot under Day that the majority on the bury forum are lapping up anything the new guy says. Sure I read somewhere that he said he would update bury fans in mid Jan about finances but it’s all rosy because the Women’s team are now playing at Gigg. That’s obviously more important. |  | | |
| tomorrow can't come quick enough on 17:23 - Feb 7 with 10040 views | aleanddale |
| tomorrow can't come quick enough on 09:21 - Feb 7 by D_BFC |
Dawson was lined up to go to Salford but got injured a few weeks ago so couldn't be offloaded. They've been trying to agree a pay-off with Beckford but nothing doing at the moment. Bunn & Aldred are big earners out on loan but still have time on their contracts and we'll be saddled again in the summer.
Culling these players isn't as easy as it looks. Why would teams higher up the pyramid take them if they can't get in our side? Why would sides lower down take them if they're on big money and long contracts? Why would the players themselves leave if they're on decent money (assuming they're getting paid!)
The obvious point is to sell the high performers from the First XI - Mayor, O'Shea etc. Mayor is out of contract in the summer so clubs happy to wait. I believe the new SD promised Lowe no-one would be sold and put in £3million - probably to get us through the season & pay off the pressing creditors and then a concerted effort at a squad cull will happen in the summer.
As it happens I don't think we will go up anyway - we won't score 3 every week and we just cannot keep clean sheets. Play-offs at best but I suspect a late season drop down.
The question remains why a bloke with no obvious connection to Bury or football in general would take this sh!tstorm on. |
Some fair points and a level headed response.
Almost certainly its not his money more likely borrowed but I get your point.
The new SD cannot be ANY worse than the milky bar kid who was one of the most delusional characters that I have ever listened too.
If it goes bad then the writing is on the wall for the shakers it will be Very very bad indeed!.
For the record I think you will get promoted this year but ironically the expectation levels of a promotion to league 1 could compound burys huge issues not resolve them. | | | |
| tomorrow can't come quick enough on 16:01 - Mar 14 with 9340 views | BartRowou |
Please can someone explain this tweet in layman's terms. I'm going off the comments underneath which suggest something dodgy is afoot.
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| tomorrow can't come quick enough on 17:59 - Mar 14 with 9169 views | scooby |
| tomorrow can't come quick enough on 16:01 - Mar 14 by BartRowou |
Please can someone explain this tweet in layman's terms. I'm going off the comments underneath which suggest something dodgy is afoot.
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I know loads of companies with only a laptop and no office. in fact the majority of IT contractors and Actors etc are set up this way. its a great way to work, that is obviously someone who has money and is charging to lend it and with zero overheads is maximising income. | | | |
| tomorrow can't come quick enough on 18:45 - Mar 14 with 9099 views | macro |
| tomorrow can't come quick enough on 17:59 - Mar 14 by scooby |
I know loads of companies with only a laptop and no office. in fact the majority of IT contractors and Actors etc are set up this way. its a great way to work, that is obviously someone who has money and is charging to lend it and with zero overheads is maximising income. |
Borrowing against future TV money though is not good! Promotion bonuses and the like are going to make difficult finances even more difficult etc etc |  | | |
| tomorrow can't come quick enough on 18:48 - Mar 14 with 9083 views | Molly |
The Company, Broadoak Private Finance Ltd was incorporated four and a half years ago and has a registered office address in Central Manchester. | | | |
| tomorrow can't come quick enough on 18:51 - Mar 14 with 9064 views | James1980 |
| tomorrow can't come quick enough on 18:48 - Mar 14 by Molly |
The Company, Broadoak Private Finance Ltd was incorporated four and a half years ago and has a registered office address in Central Manchester. |
Do any of the directors have a connection with Bury? | |
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| tomorrow can't come quick enough on 19:55 - Mar 14 with 8985 views | 49thseason |
The link is Moneything...
Benjamin Richard Gilbert resigned from Moneything (see above) in August 2017 after 6 months as a Director He has been a Director of Broadoak Private Finance since December 2015.
There seem to be personnel linkages from Cash4assets to Moneything to now to Broadoak Private Finance. this is what was written about 30 pages ago by BigKindo:
"Moneything (Security Trustee) Ltd. is a Private Limited Company with no shares which was incorporated on 31 December 2015. Quote 'The Nature of the Business will be provided on the next Annual Return.' A bit strange that. If you start a business surely you will know what is to be the nature of the business. The two Directors guarantee the debts of the Company to the sum of £ 10-00 each. The two Directors are David Martin Monroe and Edward Marc Angus Pearce, the latter being resident in the Isle of Man. Interestingly neither of the two charge documents have been signed by the borrower i.e. Stuart Day. they simply have been witnessed by the Solicitor Giselle Alberici of Ratio Law, Manchester, who is also a Director of Bury Football Club Co. Ltd (The) but do not show her signature.
On 15-05-2014 and 09-06-2014 two loans were taken out by B.F.C. Co. Ltd (The) and charges raised with Cash4Assets Ltd. On 12-06-2014 Edward Marc Angus Pearce was appointed a Director of Cash4Assets Ltd.He resigned on 11-09-2014. On 21-04-2015 the Company received notice from Companies House that at the expiration of three months the Company would be struck off the Register and dissolved. The Company was finally dissolved on 04-08-2015. The two charges were satisfied in full by B.F.C. Co.Ltd. (The) on 18-01-2016. But by this time Cash4Assets Ltd no longer existed so to whom did the monies go"? |  | | |
| tomorrow can't come quick enough on 20:17 - Mar 14 with 8954 views | Ancoats_Blue |
| tomorrow can't come quick enough on 19:55 - Mar 14 by 49thseason |
The link is Moneything...
Benjamin Richard Gilbert resigned from Moneything (see above) in August 2017 after 6 months as a Director He has been a Director of Broadoak Private Finance since December 2015.
There seem to be personnel linkages from Cash4assets to Moneything to now to Broadoak Private Finance. this is what was written about 30 pages ago by BigKindo:
"Moneything (Security Trustee) Ltd. is a Private Limited Company with no shares which was incorporated on 31 December 2015. Quote 'The Nature of the Business will be provided on the next Annual Return.' A bit strange that. If you start a business surely you will know what is to be the nature of the business. The two Directors guarantee the debts of the Company to the sum of £ 10-00 each. The two Directors are David Martin Monroe and Edward Marc Angus Pearce, the latter being resident in the Isle of Man. Interestingly neither of the two charge documents have been signed by the borrower i.e. Stuart Day. they simply have been witnessed by the Solicitor Giselle Alberici of Ratio Law, Manchester, who is also a Director of Bury Football Club Co. Ltd (The) but do not show her signature.
On 15-05-2014 and 09-06-2014 two loans were taken out by B.F.C. Co. Ltd (The) and charges raised with Cash4Assets Ltd. On 12-06-2014 Edward Marc Angus Pearce was appointed a Director of Cash4Assets Ltd.He resigned on 11-09-2014. On 21-04-2015 the Company received notice from Companies House that at the expiration of three months the Company would be struck off the Register and dissolved. The Company was finally dissolved on 04-08-2015. The two charges were satisfied in full by B.F.C. Co.Ltd. (The) on 18-01-2016. But by this time Cash4Assets Ltd no longer existed so to whom did the monies go"? |
Moneything are a peer-to-peer lending platform. What that means is lots of private investors use a website to fund loans to Bury and other business. It’s a bank in all but name. But one where there’s increased risk for investor and therefore a fairly high interest rate. If investors are getting say 8%pa then bury are likely paying 10%pa+ and fees on top.
Bury have used this route before, look up a firm called Lendy. I don’t know much about Moneything In fairness but Lendy’s name is mud in the industry. They’re known for some very ropey lends with a poor default and loss record of their book...
I haven’t got time or the Interest to sift through companies house but I’d guess that Moneything is set up something like this...
A company for the trading platform , the thing that customers use as a shop window. Let’s call that Moneything Ltd
A separate company used to ring fence all client monies that are not lent and to apply for charges. Moneything Trustees. The investors will be trustees of this co by right of investing.
This set up means that funds are properly ring fenced and not disappearing in wages, drawings and other overheads. It also means that if the platform goes tits up the securiry is still registered to an active entity and “someone” (probably a big 4 accountancy firm) can run the loan book down on behalf of investors. This rather than the platform failing and the loan book disappearing with it. [Post edited 14 Mar 2019 20:25]
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| tomorrow can't come quick enough on 20:00 - Apr 1 with 8485 views | 442Dale |
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| tomorrow can't come quick enough on 20:11 - Apr 1 with 8452 views | kel |
Oh dear, the Bolton thread on the mong board gets funnier by the second.
Tick tock indeed. [Post edited 1 Apr 2019 20:13]
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| tomorrow can't come quick enough on 20:27 - Apr 1 with 8399 views | TVOS1907 |
| tomorrow can't come quick enough on 20:00 - Apr 1 by 442Dale |
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Surprised Barry Strange hasn't been on here to tell us all about it. |  |
| 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 23:10 - Apr 1 with 8181 views | Yorkshire_Dale |
| tomorrow can't come quick enough on 20:27 - Apr 1 by TVOS1907 |
Surprised Barry Strange hasn't been on here to tell us all about it. |
As the Beatles sang...."Very Strange" | | | |
| tomorrow can't come quick enough on 08:33 - Apr 2 with 7956 views | aleanddale |
Joke of a club...
They had every chance to cut some cloth in January and made ZERO attempt to do so.
Still chasing a dream of league 1 football.
The tangled web that SD1 has left will haunt them for years to come. | | | |
| tomorrow can't come quick enough on 10:34 - Apr 2 with 7837 views | aleanddale |
The car park scheme that needs to pay investors £232k per annum currently has a £190k deficit.
Not looking good at all over at Giggle.
Hope they have plenty of wipes for the white chocolate smeared covered faces!!
High profile players on high profile wages with next to no income taking the club into an abyss. | | | |
| tomorrow can't come quick enough on 15:52 - Apr 2 with 7592 views | kel |
| tomorrow can't come quick enough on 10:34 - Apr 2 by aleanddale |
The car park scheme that needs to pay investors £232k per annum currently has a £190k deficit.
Not looking good at all over at Giggle.
Hope they have plenty of wipes for the white chocolate smeared covered faces!!
High profile players on high profile wages with next to no income taking the club into an abyss. |
But our mate shakerbhoy said all that was sorted
😂
I know it’s hard to believe a bury fan would believe any old shit they were told... | | | |
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