underdog Posted April 20, 2017 Share Posted April 20, 2017 Just now, LightDN123 said: Even if a new business was set up by corney for the ownership of the boards, this does not mean that the revenue is not being put into back into the club. Given the financial situation of the club, corney may well be protecting the boards by putting them under a new business name. This meaning the assets are secure whilst putting the revenue generated from them into OAFC. Aren't you bothered that Corney has taken your money/fans money to possibly fund a new business adventure without consultation and why all the secrecy too if it weren't for clubs benefit? thanks for the £22k, it's been on the clubs bank account for several months at least since the previous CEO moved it/ringfenced it and we have gained a bit of interest. Can we please have a bit of clarity Mr Corney? Link to comment Share on other sites More sharing options...
LightDN123 Posted April 20, 2017 Share Posted April 20, 2017 (edited) 7 minutes ago, underdog said: Aren't you bothered that Corney has taken your money/fans money to possibly fund a new business adventure without consultation and why all the secrecy too if it weren't for clubs benefit? thanks for the £22k, it's been on the clubs bank account for several months at least since the previous CEO moved it/ringfenced it and we have gained a bit of interest. Can we please have a bit of clarity Mr Corney? Well it's not a new business adventure if he has set up this new business to secure the perimeter asset and all the revenue being put into oafc Edited April 20, 2017 by LightDN123 Link to comment Share on other sites More sharing options...
whittles left foot Posted April 20, 2017 Share Posted April 20, 2017 (edited) Can a member of the trust confirm that the sum of £22,835.00 was the amount passed over to the club from the trust collection? Seem to recall the figure being bandied about earlier was higher than this. Edited April 20, 2017 by whittles left foot spelling Link to comment Share on other sites More sharing options...
deyres42 Posted April 20, 2017 Share Posted April 20, 2017 25 minutes ago, yarddog73 said: Like I said let's get clarification of who owns the boards, if they are owned by this new shoot off company you wouldn't see a problem with how the scoreboard funds have been used? Tifosy seem happy enough with the outcome going from their comments so where does the illegal bit come in? Link to comment Share on other sites More sharing options...
underdog Posted April 20, 2017 Share Posted April 20, 2017 28 minutes ago, whittles left foot said: Can a member of the trust confirm that the sum of £22,835.00 was the amount passed over to the club from the trust collection? Seem to recall the figure being bandied about earlier was higher than this. Hello whittle, the Tifosy site has stated the amount above but I think they deducted a fee, which might be the amount the club said of about £21k. There was also a previous scoreboard kitty of about £1,250.00 I think off the top off my head that fans made the trust aware off and the club agreed to honour. I don't think the other trust members would mind me saying this now but via the trust, we had negotiated a scoreboard sponsor, that would have brought the kitty up to just shy of £27k. i will see if I can get get a more definite answer over how much Tifosy handed over...tba Link to comment Share on other sites More sharing options...
Crusoe Posted April 20, 2017 Share Posted April 20, 2017 I don't know whether it's illegal or not. I suspect it probably isn't. It just smacks of a lack of respect for the fans that has been increasingly apparent the last few years. Link to comment Share on other sites More sharing options...
opinions4u Posted April 20, 2017 Share Posted April 20, 2017 8 minutes ago, deyres42 said: Tifosy seem happy enough with the outcome going from their comments so where does the illegal bit come in? Crowdfunding exercises are governed by charitable trust law, even if they're made on behalf of a "for profit" business such as OAFC 2004. When the club announced that fans could have their money back within a 48 hour window i was advised by a solicitor and accountant (who specialises in charity law) that this would be mighty close to a criminal act by those responsible for attributing the funds (based on my explanation of what was going on they said well over the line). The deadline extension and relatively wide "advertising" of the extension brought things back to reasonable and legal. You then have the question of were these funds used to buy the pretty advertising hoardings. The club gives an unequivocal no. Tifosy says yes. If the answer is yes, and £20k plus of fans money has gone to buy something that isn't owned by the club (and isn't generating income for the trust, despite a promise that it would) then I'm intrigued to understand how such a payment can be in any way legal. Now if Simon Corney has paid for the hoardings with his own cash and they're owned by his own company then it doesn't matter (although it does raise the questions of where the advertising revenue from the hoardings go and are Latics paying Corney rent for them). If he's used the fans cash (or other OAFC funds) to buy them for another company then it stinks. At this point in time the Trust is needed more than ever and needs to keep asking questions and making things awkward until they're answered coherently and completely. As should the local media. I can see a scenario where Simon Brooke has to resign his seat on the board and call in the police because that's preferable to burying your head in the sand and thinking "everything must be ok because that nice Mr Corney says so" when basic financial transactions genuinely seem to be dodgy. It's a shame that nice NNN chap didn't go back for his follow up meetings. Link to comment Share on other sites More sharing options...
leeslover Posted April 20, 2017 Share Posted April 20, 2017 It's a year to the day since I was reposting #bythefansforthefans in support of the fundraising across social media Link to comment Share on other sites More sharing options...
drphibes Posted April 20, 2017 Share Posted April 20, 2017 The club board of directors seem to be yes men. It appears the only person who is prepared to question the goings on at the club is Simon Brooke and it seems he is not very welcome at board meetings anymore. The scoreboard story is yet another example of a weak board of directors allowing the owner to do whatever he wants. The pr is a disaster and after some promising words from Mark Moisley about the need to connect with the fans it's just the same old display of contempt. The club read what is said on here and that is why they did a u turn ridiculous time limit for getting a refund for scoreboard donations. I suggest they get a grip and announce the details of who owns these advertising boards, who gets the revenue generated and who paid for them. Link to comment Share on other sites More sharing options...
Latics and England Posted April 20, 2017 Share Posted April 20, 2017 5 hours ago, underdog said: Quote from today's chron and Tifosy "The company also confirmed to the Chronicle it is their understanding that the £22,835 raised for a new scoreboard - short of what was needed for the cost of buying and installing a big screen - has been used to help purchase the club's new perimeter LED advertising boards. "We understand that the money has been used to acquire perimeter LED advertising boards, one of whose functions is actually to display the score and time in the manner of a scoreboard," Tifosy's statement reads. the Club have used the fans money for the deposit on these boards, without consulting the Fans first on what to do with your contribution, or trust Now, I will presume these boards had to be ordered and shipped in from wherever (china?) so the money was used as deposit several weeks if not, months beforehand. your kind donation was not only to help the club, but your trust and future fan funded schemes. There has been no confirmation that any will go ahead. There's is time to get your refund How does this not contradict the statement the club put out here? http://mobile.oldhamathletic.co.uk/news/article/2016-17/breaking-news-led-perimeter-boards-installed-3650171.aspx Link to comment Share on other sites More sharing options...
underdog Posted April 20, 2017 Share Posted April 20, 2017 8 minutes ago, Latics and England said: How does this not contradict the statement the club put out here? http://mobile.oldhamathletic.co.uk/news/article/2016-17/breaking-news-led-perimeter-boards-installed-3650171.aspx Cheers latics.....Stevie J posted the same link too. I have no idea how to explain it. Error on club or chron side? Or is this me being diplomatic. Link to comment Share on other sites More sharing options...
oafc_lover Posted April 20, 2017 Share Posted April 20, 2017 3 hours ago, deyres42 said: Illegal in what way? I'm no Judge Rinder but spending money raised for one cause on something different and putting it in your company's name is most definitely illegal. It wasn't LED Media's money to spend on these boards. It was the club's money. Therefore we need clarification and potentially proof that the club owns these boards and the club will take 100% of any income from them. Then and only then will I be able to make an informed decision on whether to seek my refund or not. Whatever happens, this is yet another avoidable mess created by the incompetent pricks that run our precious club. Link to comment Share on other sites More sharing options...
deyres42 Posted April 20, 2017 Share Posted April 20, 2017 1 minute ago, oafc_lover said: I'm no Judge Rinder but spending money raised for one cause on something different and putting it in your company's name is most definitely illegal. It wasn't LED Media's money to spend on these boards. It was the club's money. Therefore we need clarification and potentially proof that the club owns these boards and the club will take 100% of any income from them. Then and only then will I be able to make an informed decision on whether to seek my refund or not. Whatever happens, this is yet another avoidable mess created by the incompetent pricks that run our precious club. Shady yes, can't believe it is illegal though. We don't need clarification as the owner can do what he wants with the income in the same way he/his partners can profit from any player/land sales. Link to comment Share on other sites More sharing options...
leeslover Posted April 20, 2017 Share Posted April 20, 2017 That Tifosi statement reads like it's been around a lawyers office a few times before it was sent. Link to comment Share on other sites More sharing options...
oafc_lover Posted April 20, 2017 Share Posted April 20, 2017 1 minute ago, deyres42 said: Shady yes, can't believe it is illegal though. We don't need clarification as the owner can do what he wants with the income in the same way he/his partners can profit from any player/land sales. May least try and explain why you would believe it isn't illegal... Of course we need clarification. As I've previously posted, businesses pay good money to sponsor the club, not his side company. If the club are getting the money from these boards, I'm not arsed about a refund. If he's pocketing the income, I want a refund. If we get an answer before Saturday and he's getting the money, I'm sure plenty will give them a good kicking during the mandatory pitch invasion. Link to comment Share on other sites More sharing options...
deyres42 Posted April 20, 2017 Share Posted April 20, 2017 2 minutes ago, oafc_lover said: May least try and explain why you would believe it isn't illegal... Of course we need clarification. As I've previously posted, businesses pay good money to sponsor the club, not his side company. If the club are getting the money from these boards, I'm not arsed about a refund. If he's pocketing the income, I want a refund. If we get an answer before Saturday and he's getting the money, I'm sure plenty will give them a good kicking during the mandatory pitch invasion. Can't imagine sponsors caring too much above making sure their name is there in lights. The club is Corney, it's a sweet idea that every penny generated goes back in but not a realistic one. Link to comment Share on other sites More sharing options...
yarddog73 Posted April 20, 2017 Share Posted April 20, 2017 5 minutes ago, deyres42 said: Can't imagine sponsors caring too much above making sure their name is there in lights. The club is Corney, it's a sweet idea that every penny generated goes back in but not a realistic one. Are you after a seat on the board by any chance, you'd fit in just fine with this rhetoric. Link to comment Share on other sites More sharing options...
underdog Posted April 20, 2017 Share Posted April 20, 2017 But it's fans money to generate money in a three way split Club, trust and other agreed fan funded schemes...Frizzell signage maybe? Better match day experiences? Facebook fans have suggested a mini bus....it's your money Not to be absorbed by Corney/club to do what them seem fit. My original family donation was for investment in t three way split. something to be owned by the fans for the fans. Link to comment Share on other sites More sharing options...
deyres42 Posted April 20, 2017 Share Posted April 20, 2017 The refund offer makes any notion that it is 'ours' null and void though. It's shit and people have every right to be angry about it but it's done now. Link to comment Share on other sites More sharing options...
simplythemostimportantkick Posted April 20, 2017 Share Posted April 20, 2017 Can't believe I keep reading this thread. Maybe it's easy for me to say as I've not contributed to it. But if you want your money back you can get it back no ? Am I missing something ? I think they look great they display the score, they even flash up goal when we score. What was going to be so great about a scoreboard that these don't do ? If the club would have asked for donations to get a quality player I would have been more inclined to get involved Link to comment Share on other sites More sharing options...
oafc_lover Posted April 20, 2017 Share Posted April 20, 2017 1 minute ago, simplythemostimportantkick said: Can't believe I keep reading this thread. Maybe it's easy for me to say as I've not contributed to it. But if you want your money back you can get it back no ? Am I missing something ? I think they look great they display the score, they even flash up goal when we score. What was going to be so great about a scoreboard that these don't do ? If the club would have asked for donations to get a quality player I would have been more inclined to get involved You say you keep reading it. You must have stopped 8 pages ago because no one is questioning the quality of the boards. What is being questioned is the legality of using the funds raised by fans for them, where is the income from them going and who owns them. Sick of repeating it but this was a fan funded initiative for something to be owned by the club not Corney and for money generated to be pumped back into the club not Corney. The perimeter boards look class. That isn't in question. Link to comment Share on other sites More sharing options...
leeslover Posted April 20, 2017 Share Posted April 20, 2017 13 minutes ago, simplythemostimportantkick said: Can't believe I keep reading this If the club would have asked for donations to get a quality player I would have been more inclined to get involved How would you feel if they'd asked for money for a quality player and spent it on a display model at a local car garage? Link to comment Share on other sites More sharing options...
NewBlue Posted April 20, 2017 Share Posted April 20, 2017 1 minute ago, simplythemostimportantkick said: Can't believe I keep reading this thread. Maybe it's easy for me to say as I've not contributed to it. But if you want your money back you can get it back no ? Am I missing something ? I think they look great they display the score, they even flash up goal when we score. What was going to be so great about a scoreboard that these don't do ? If the club would have asked for donations to get a quality player I would have been more inclined to get involved One last time: Obstacle for me contributing was knowing the money scoreboard advertisement could go straight into Corney's back pocket. Then the club announced that it was going to pass possession of the scoreboard to the Trust. Great, the money is guaranteed to go to benefit the club in some way or another. Long, long afterwards: 'scoreboard' now owned by some affiliate business, having used our money they took under another pretence. I don't want to get a refund really. It doesn't particularly appeal to me taking money from the club and I wasn't bothered about having some kind of flashy scoreboard in the first place - these perimeter advertising hoardings do the trick fine. However I'd rather they'd have done the right thing, i.e. ask fans what they thought before spending their own money, and then put the hoardings in the hands of the Trust, as they said they'd do with the scoreboard. It was never opt out, it was opt in. Then to have the gall to give fans just two days to get a refund - despicable behaviour, only extended when people took a stand. If you can't see what the issue with that whole story is then there's no point in trying to simplify it more. Clearly just have different views on what is right and wrong. Link to comment Share on other sites More sharing options...
adamoafc Posted April 20, 2017 Share Posted April 20, 2017 (edited) 9 minutes ago, leeslover said: How would you feel if they'd asked for money for a quality player and spent it on a display model at a local car garage? But offered you a refund instead as they got something you didn't ask for? Edited April 20, 2017 by adamoafc Link to comment Share on other sites More sharing options...
underdog Posted April 20, 2017 Share Posted April 20, 2017 (edited) 26 minutes ago, adamoafc said: But offered you a refund instead as they got something you didn't ask for? But you shouldn't then have to ask for it back either then should you? It should automatically be refunded but that's not possible via Tifosy account as your paid them direct and they are not allowed to give your personal details out I'd hope anyway. However the season ticket kickback they would have documentation off as I remember having to sign a form at the club to do this. Should be more of an automatic opt out. Again relying on fans good will that they won't ask for the pennies back and the pennies makes pounds. Like a previous poster has said think it's New blue, we are going round in circles with sets of fans on opposite sides, when it could have been dealt with in a better way by the club Edited April 20, 2017 by underdog Link to comment Share on other sites More sharing options...
Recommended Posts