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1 minute ago, underdog said:

Copied over from NNN fans meeting notes in January, in attendance SC, MM and AG. This is quote with regards to the scoreboard| 

He has been trying to source a scoreboard from China. He was very grateful for the £21k but he is also aware that for £21k (even excluding installation costs) you will get a very small screen. He is looking at options, one being perimeter boards, that would cost significantly more but may allow the club to generate revenue from sponsorship/advertising etc. He is still working on it and hopes to have something in place for the start of next season. The visitors from China are involved in that industry and he added they were being courted as potential investors too although he wanted to keep it quiet and low key at the request of the potential investors. He also said that if anyone who has donated towards the scoreboard wants their money back he is happy to refund.

Very clear to me. I'm struggling to see the problem here. 

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48 minutes ago, rosa said:

From the minutes of the February Trust board meeting. Seems like the sensible thing would have been to say that the Tifosy money wasn't being used for the perimeter boards when asked.

20170330_202934.png

If I signed up to an agreement in my job, without a forecast and financial model to back it up, I'd be putting my belongings in a cardboard box fairly shortly after.

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Just now, Stevie_J said:

If I signed up to an agreement in my job, without a forecast and financial model to back it up, I'd be putting my belongings in a cardboard box fairly shortly after.

 

What you've quoted doesn't say that whoever signed such an agreement didn't have that. 

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1 hour ago, josh_latics said:

I can't wait to have 90 minutes of alternating SportsDirect and OEC adverts burned into my brain. 

If that black dog comes on, I'm going to kick it...

Edited by underdog
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I don't understand why people are having a go at the Trust here. For years we have been calling out for the Trust to look after the interests of the fans and communicate to us when there is something they feel we should be aware of.

 

The Trust took up the role of representing those who had donated to the Tifosy scheme at an early stage and say that they had an agreement with the old CEO regarding access to details of the ring-fenced funds. Following a change in CFO, this access seems to have been lost. Subsequently, following a lack of visible progress with the scoreboard, the Chairman linked this fund to the purchase of advertising boards in a meeting with a group of supporters (the NNN meeting). It was not specifically stated that the fund was to be used but that was the intimation.

 

According to the minutes of the Trust meeting with Mark Moisley, he also linked the purchase of LED hoardings to the Scoreboard fund cash. The Trust attempted (based upon their statement yesterday) to get direct confirmation as to what was happening from the Chairman and this was not forthcoming. When they discovered that the advertising had arrived and was ready to be installed they chose to make a statement expressing their concerns and frustrations.

 

We may never know whether there was never an intention to utilise the fund or if plans changed following the Trust's statement. Either way, I believe that the Trust have done what the Trust should be doing. It is sad that the relationship between the Trust and Club appears to be somewhat broken but I would rather have them challenging those in charge than the situation we had previously where there appeared to be little or no challenge.

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2 hours ago, kowenicki said:

Same old same old. 

 

Priceless timing.

 

I'll be humble and say nowt.  Great work by the club again. On a roll this last week or two.

 

 Must be great being stupid enough to believe the lies and deceit.

 

Carry on in la la land.

Edited by blueatheart
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2 minutes ago, blueatheart said:

 

 Must be great being stupid enough to believe the lies and deceit.

 

Carry on in la la land.

Nobody knows if that is deceitful or a lie. That's just your opinion. We've had a good week I would say. If you've nowt to moan about it must be hard for a lot on here

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11 minutes ago, PlayItLivo said:

So where did Corney say the scoreboard funds would be used for the perimeter boardings?

 

It appears that a few conclusions have been jumped to here.

You think he'd have talked about offering refunds if he wasn't planning to use the money raised? 

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i have watched this thread with great interest to see where it may end up. At the same time there is another thread running about the winding up status of the club. 

 

Now it seems that the trust knew there was a sum of money from the scoreboard fund but at the same time it has increasing concerns about the financial status of the club. Based upon this would it not have been prudent to firstly know how much money there was. Secondly who has access to the money and controls its release? Why gift the money to the club, were no questions asked before transfer of funds?

If it is for a scoreboard then it should be used for one and the club should have to come to you with an estimate for spec and purchase. As it stands you have put the monies into a pot you no longer have any control over which seems a gross mismanagement to me 

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5 minutes ago, whittles left foot said:

i have watched this thread with great interest to see where it may end up. At the same time there is another thread running about the winding up status of the club. 

 

Now it seems that the trust knew there was a sum of money from the scoreboard fund but at the same time it has increasing concerns about the financial status of the club. Based upon this would it not have been prudent to firstly know how much money there was. Secondly who has access to the money and controls its release? Why gift the money to the club, were no questions asked before transfer of funds?

If it is for a scoreboard then it should be used for one and the club should have to come to you with an estimate for spec and purchase. As it stands you have put the monies into a pot you no longer have any control over which seems a gross mismanagement to me 

So trusting the word of the club is now gross mis- management? That seems to scupper your position re he club

Edited by Magister
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2 minutes ago, whittles left foot said:

No, releasing monies that were raised for a particular project to a club you fear has severe financial problems without any controls I consider mismanagement. I take that you would have taken the clubs word as good enough from your reply?

Keep up. I thought you said that that the club's financial mis management was my specialist subject?  Now I am naive about it. Oh dear . Sort your apostrophe out

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9 minutes ago, whittles left foot said:

No, releasing monies that were raised for a particular project to a club you fear has severe financial problems without any controls I consider mismanagement. I take that you would have taken the clubs word as good enough from your reply?

It's standard Tifosy process for them to send the money to the club. How is that mismanagement? 

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6 hours ago, PlayItLivo said:

So where did Corney say the scoreboard funds would be used for the perimeter boardings?

 

It appears that a few conclusions have been jumped to here.

 

JANUARY:

 

"Simon, what's the latest on the scoreboard?"

"Well I've got some Chinese blokes coming over who sell perimeter hoardings."

 

"But Simon, that's not what people paid for."

"Well if they're not happy they can ask for their money back."

---

FEBRUARY:

 

"Simon, what's the latest on the scoreboard?"

<CLICK> <DIALLING TONE>

"Simon, are you there?"

<SILENCE>

 

Registered Post:

 

Dear Simon, please can you talk to us about the scoreboard as we're bit concerned.  PS: When is this month's board meeting?

 

NO REPLY

---

MARCH:

 

Blls go unpaid.  Winding up petition in place from HMRC.  Still no reply to phone calls and letters.

 

Official statement:. "We've paid the taxman.  They've messed up.  Honest guv.  They'll issue a full retraction in the London Gazette one day, maybe, perhaps.

 

Trust statement: "Simon's gone quiet and we are getting a bit worried about the scoreboard fund.  It would be lovely if he'd chat to us, but it keeps going to answerphone".

 

CLUB:. "We've bought some perimeter advertising hoardings with different money to the scoreboard money.  But we're not going to give you any clue as to when you're going to get the scoreboard installed.  It's only been a year or so, what's the hurry?  Christ it's taken nearly a decade to finish the stand off.  Well, nearly finish it."

 

---

 

My conclusion is that the club is skint.  Money is fluid and while the scoreboard money has been received its been used to pay tax bills, advertising hoarding installation costs there's a post it note on the wall somewhere with the words "Scoreboard £27k" written on it.  Alongside other notes such as "PFA pensions £260k", "Remember to pay £125k to players and staff on Friday", "2017/18 budget £1.5m.  Starts August, fuck the need to pay people pre-season" and stuff like that.

 

 

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Coming in to this mess late it seems massive communication breakdown has got fans at each others throat.  With many fans probably less willing to donate to a future 'trust' run fund - though a detailed look at the known facts show they have done nothing wrong and in fact deserve credit for its actions.

 

Only SC could preside over the good news of investment into the club being turned into a shambles with people being upset.

 

Circus de latique    :clown:

 

 

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You know I have either had a revelation or I have gone mad...

 

these boards must be free....yes free, no deposit taken, no additional costing/pay them off, no maintenance fees too.

 

because if they the board of directors of OAFC approved this they have done so without consulting  of one of it's own board members, Simon Brooke.

 

Now correct me if I am wrong but if you are a director of a company then you have obliged to know the financial well being of that company. Do you think Simon Brooke would have approved of a scheme that has placed extra fiananical burden on our club? Bearing in mind for the last two months minimum, we have asked those questions with regards to costing and even planned revenue on these boards and been no met with no answers. As well as, where is the £27k? Is it wrong for a board of a company to go ahead without consultating one of it's directors?

 

no I must have lost the plot, it was just going to be a nice free of charge surprise for Simon, Trust and fans.

 

taxi for underdog you nice padded cell awaits....

Edited by underdog
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22 minutes ago, underdog said:

You know I have either had a revelation or I have gone mad...

 

these boards must be free....yes free, no deposit taken, no additional costing/pay them off, no maintenance fees too.

 

because if they the board of directors of OAFC approved this they have done so without consulting  of one of it's own board members, Simon Brooke.

 

Now correct me if I am wrong but if you are a director of a company then you have obliged to know the financial well being of that company. Do you think Simon Brooke would have approved of a scheme that has placed extra fiananical burden on our club? Bearing in mind for the last two months minimum, we have asked those questions with regards to costing and even planned revenue on these boards and been no met with no answers. As well as, where is the £27k? Is it wrong for a board of a company to go ahead without consultating one of it's directors?

 

no I must have lost the plot, it was just going to be a nice free of charge surprise for Simon, Trust and fans.

 

taxi for underdog you nice padded cell awaits....

 

Can of worms well and truly open! I suspect Mr Lee has funded them but if not, then this is a whole other level of shit from our board and serious serious questions will be asked.

 

As I've said previously, I like the perimeter boards and think they'll do us good, but the way they've gone about it is frankly appalling and has caused a divide with the fans.

 

I know you have ended up getting grief on Facebook and with everything you have done and continue to do for the club, that's not right.

 

Keep asking the questions underdog or we'll be the next Blackpool.

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48 minutes ago, underdog said:

You know I have either had a revelation or I have gone mad...

 

these boards must be free....yes free, no deposit taken, no additional costing/pay them off, no maintenance fees too.

 

because if they the board of directors of OAFC approved this they have done so without consulting  of one of it's own board members, Simon Brooke.

 

Now correct me if I am wrong but if you are a director of a company then you have obliged to know the financial well being of that company. Do you think Simon Brooke would have approved of a scheme that has placed extra fiananical burden on our club? Bearing in mind for the last two months minimum, we have asked those questions with regards to costing and even planned revenue on these boards and been no met with no answers. As well as, where is the £27k? Is it wrong for a board of a company to go ahead without consultating one of it's directors?

 

no I must have lost the plot, it was just going to be a nice free of charge surprise for Simon, Trust and fans.

 

taxi for underdog you nice padded cell awaits....

 

There will be club officials authorised to spend money without the need to gain board approval for every decision.

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