Diego_Sideburns Posted January 13, 2015 Share Posted January 13, 2015 The Chron have tweeted that Corney is ready to sell up and walk away. No story so not actually sure what this means in relation to the past 'for sale'. Readers of the Chron were told Corney quit last week. In reply to a question from BB80 in November 2013, Corney said on BBC Radio Manc: Whoever comes along, if they want to buy the land, of course it’s for sale and, no offence to Oldham but it’s a piece of land in Oldham is not where myself and my partners are based, of course we’d give it up, but, at the same time, we’re in for a lot of money and we’d like to get a fair price for it. We’ll never recoup the money we’ve put into it. Quote Link to comment Share on other sites More sharing options...
oafc0000 Posted January 13, 2015 Share Posted January 13, 2015 The issue will be finding anyone (fit and proper) to come in and take on a loss making L1 club with a reputation destroyed after last weeks debacle. Are we still "loss" making and if so who or what is plugging the short fall... In all these years I still don't really know... I have been told in the past the only money we owe is to Blitz... So I am guessing we are not borrowing money from banks etc, Blitz stepped back years ago and stopped putting in money... So surely we are being run to the money we come in ?? Anyone know ? Quote Link to comment Share on other sites More sharing options...
Lags Posted January 13, 2015 Share Posted January 13, 2015 Good :censored:ing riddance.... So not one scrap of any credit? harsh. Quote Link to comment Share on other sites More sharing options...
oafc1955 Posted January 13, 2015 Share Posted January 13, 2015 As far as the team goes I'll be happy now with 19th place. I can see at least one transfer out in the window and maybe more with no additions. Quote Link to comment Share on other sites More sharing options...
longtimeblue Posted January 13, 2015 Share Posted January 13, 2015 Thanks to who ? Thanks to the guys that "saved us"... That's the point. We were in severe trouble when they took over; but we were an asset. There's nothing left to work with. Quote Link to comment Share on other sites More sharing options...
blueatheart Posted January 13, 2015 Share Posted January 13, 2015 So not one scrap of any credit? harsh. This is one of those times where everyone need not bite at those comments... Quote Link to comment Share on other sites More sharing options...
oafc1955 Posted January 13, 2015 Share Posted January 13, 2015 Are we still "loss" making and if so who or what is plugging the short fall... In all these years I still don't really know... I have been told in the past the only money we owe is to Blitz... So I am guessing we are not borrowing money from banks etc, Blitz stepped back years ago and stopped putting in money... So surely we are being run to the money we come in ?? Anyone know ? Who is paying for the stand? Quote Link to comment Share on other sites More sharing options...
ChaddySmoker Posted January 13, 2015 Share Posted January 13, 2015 Are we still "loss" making and if so who or what is plugging the short fall... In all these years I still don't really know... I have been told in the past the only money we owe is to Blitz... So I am guessing we are not borrowing money from banks etc, Blitz stepped back years ago and stopped putting in money... So surely we are being run to the money we come in ?? Anyone know ? The Accounts for the Year to 30th June 2014 will be due at Companies House by 31st March 2015 but will probably be delivered late, as they were last year! Those Accounts will show, I believe, a substantial loss so we are not running at break-even Quote Link to comment Share on other sites More sharing options...
oafc0000 Posted January 13, 2015 Share Posted January 13, 2015 (edited) So not one scrap of any credit? harsh. Are we in a better position now... 12 years later.... Or is the land gone, in the same league, we owe more than we did under Moores (£6 million?), and we have a half built stand ? I don't know mate... What credit do you speak of ? Edited January 13, 2015 by oafc0000 Quote Link to comment Share on other sites More sharing options...
deyres42 Posted January 13, 2015 Share Posted January 13, 2015 The chickens are coming home to roost now. We'll see how things pan out, he has spat the dummy out before only to put it back in. Quote Link to comment Share on other sites More sharing options...
oafc0000 Posted January 13, 2015 Share Posted January 13, 2015 Who is paying for the stand? You tell me ? Quote Link to comment Share on other sites More sharing options...
oafc0000 Posted January 13, 2015 Share Posted January 13, 2015 The Accounts for the Year to 30th June 2014 will be due at Companies House by 31st March 2015 but will probably be delivered late, as they were last year! Those Accounts will show, I believe, a substantial loss so we are not running at break-even So are we operating an overdraft, taking bank loans ? I don't know mate... I would ask Barry but.... Quote Link to comment Share on other sites More sharing options...
oafc0000 Posted January 13, 2015 Share Posted January 13, 2015 Who is paying for the stand? You could ask Barry... Oh wait... Quote Link to comment Share on other sites More sharing options...
Diego_Sideburns Posted January 13, 2015 Share Posted January 13, 2015 Are we still "loss" making and if so who or what is plugging the short fall... In all these years I still don't really know... I have been told in the past the only money we owe is to Blitz... So I am guessing we are not borrowing money from banks etc, Blitz stepped back years ago and stopped putting in money... So surely we are being run to the money we come in ?? Anyone know ? I don't know what the current position is. Corney has said previously: “The Club doesn’t have a burden of debt, it’s all personal and that’s a pretty good safeguard to have." Quote Link to comment Share on other sites More sharing options...
oafc0000 Posted January 13, 2015 Share Posted January 13, 2015 (edited) I don't know what the current position is. Corney has said previously: “The Club doesn’t have a burden of debt, it’s all personal and that’s a pretty good safeguard to have." And that is what I was referring too above... Cheers Diego... We have also been told Blitz walked away a while back. So we are either being run to the money coming in or we have a mystery backer.... Edited January 13, 2015 by oafc0000 Quote Link to comment Share on other sites More sharing options...
100milesaway Posted January 13, 2015 Share Posted January 13, 2015 We will take the pain, ride the storm and come out of it better.... No we wont As long as people like you keep papping on about every single issue at the club, yet never set foot near the place, we will struggle. The town does not back It's own team, and has not done for a long time. Quote Link to comment Share on other sites More sharing options...
oafc0000 Posted January 13, 2015 Share Posted January 13, 2015 yet never set foot near the place This won't be the case in the future... I couldn't keep throwing money into something I couldn't get behind... That won't always be the case.. Quote Link to comment Share on other sites More sharing options...
ChaddySmoker Posted January 13, 2015 Share Posted January 13, 2015 (edited) And that is what I was referring too above... Cheers Diego... We have also been told Blitz walked away a while back. So we are either being run to the money coming in or we have a mystery backer.... 'The Company had at 30 June 2013 net liabilities of £5,132,341 and the shareholders have indicated their present intention to provide adequate finance to enable the Company to continue in operational existence' Edited January 13, 2015 by ChaddySmoker Quote Link to comment Share on other sites More sharing options...
Lags Posted January 13, 2015 Share Posted January 13, 2015 Are we in a better position now... 12 years later.... Or is the land gone, in the same league, we owe more than we did under Moores (£6 million?), and we have a half built stand ? I don't know mate... What credit do you speak of ? Of course it's not a garden with rows of roses in it....am the first to say so. But come on...no credit at all? You have a downer on every single issue at the club. Quote Link to comment Share on other sites More sharing options...
oafc0000 Posted January 13, 2015 Share Posted January 13, 2015 'The Company had at 30 June 2013 net liabilities of £5,132,341 and the shareholders have indicated their present intention to provide adequate finance to enable the Company to continue in operational existence' Interesting... Does that mean they are just saying we are basically solvent ... or is it saying money is still being pumped in from outside people ? I would love to know... Its why we bought 3% and a place on the board so we would know... 12 years on, we don't know really know do we.... Quote Link to comment Share on other sites More sharing options...
oafc0000 Posted January 13, 2015 Share Posted January 13, 2015 You have a downer on every single issue at the club. Not true.... Its clear we have a good manager... Its nice not to have a three sided wind swept stadium... I bet the pies are still nice... Quote Link to comment Share on other sites More sharing options...
blueatheart Posted January 13, 2015 Share Posted January 13, 2015 I bet the pies are still nice... You really do need to visit.... Quote Link to comment Share on other sites More sharing options...
deyres42 Posted January 13, 2015 Share Posted January 13, 2015 Not true.... Its clear we have a good manager... Its nice not to have a three sided wind swept stadium... I bet the pies are still nice... Negative on the pies too I'm afraid. Quote Link to comment Share on other sites More sharing options...
oafc0000 Posted January 13, 2015 Share Posted January 13, 2015 (edited) You really do need to visit.... Negative on the pies too I'm afraid. Ah :censored:... Edited January 13, 2015 by oafc0000 Quote Link to comment Share on other sites More sharing options...
ChaddySmoker Posted January 13, 2015 Share Posted January 13, 2015 Interesting... Does that mean they are just saying we are basically solvent ... or is it saying money is still being pumped in from outside people ? I would love to know... Its why we bought 3% and a place on the board so we would know... 12 years on, we don't know really know do we.... The terminology used in the Accounts means that Shareholders have covered the losses and give the impression that they 'intend' to continue doing so! I do not really know what the Trust have found out about current losses but I bet that losses are still occuring Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.