Danbright12

Your not bothered about protecting our family club image Mcfluff?

 

'family club' went out of the window seasons back when we had FA warning coming out of our ears. A 'family club' isn't a family club if its supporters keep being reminded it's on it's last warning.

Not to assume to much, but it is slowly becoming very plausible that these 'Chinese investors' may actually bought a % in a club. Although I know Clarke's wages are high and that will cover the arrival of Stokes and Taylor, Matt Chambers stated on twitter that we are attempting to keep hold of Clarke still, so I have no idea how we can afford Clarke, Taylor and Stokes wages on our budget. Here's praying!!!!

30% of the club, which equates to what? Or 30% of the land/stadium owned by Brassbank i.e. Paying Blitz 30% of their c£10m so £4m?!

 

I'm getting confused now over who owns what and how much is owed. Can whoever attended the meeting last week construct a "Janet & John" overview of the books?

 

The club and land i.e. stadium etc... are separate entities. SC owns the club, SB/DG own the land which is held under Brass Bank. As for as I am aware we got told last week. The amount we owe to Blitz is capped at 4m, which will only be repaid if we ever reach the premiership. Effectively, if someone was to buy us, they would have to buy the club, as in OAFC, and then separately negotiate a deal for the stadium/surrounding land.

On the unlikely event the Chinese investors have bought 30%, I am inclined to assume this would be 30% of the club, not the land/stadium.

If a buy-out of the entirety arouse (i.e. everything) I would assume the whole cost would be around 8m, going from figures and land worth.

So Corney pumps £1.3 million a year of his own money year on year - sorry that's just bull:censored: and even if it's true it's a price he's paying for running us like a :censored:ing circus, he doesn't even acknowledge any of this and only really admits that the appointment of Darren Kelly was a wrong one, in any other walk of life if you ran a company so badly you'd either have no company or be asked to step aside, for me he can't keep going on claiming he has the best interests of the club at heart but then going on to make monumental :censored: up after :censored: up, he seems to be so far out of his depth it's actually frightening and if he is hemorrhaging 1.3 million of his hard earned every year where does it all end?

He promised we could see the statements, so on the next meeting we'll put pressure on to see proof, just to confirm it

Hopefully in the next meeting these chaps will drill further down into what needs answering. As I expected, they've been offered packaged half truths. And in the way of who owns Brassbank, contradictory information. Corney certainly hasn't the money to be putting in (isn't his wife divorcing him also at present?) and to make it out like he has (whether that's himself or these chaps who went to the meeting) is nothing more than more spin and BS that is going to get people's backs up. And discredit what are good efforts to obtain answers from he who sidesteps answers at all costs.

To be fair, he had the club accountant on the phone who went though the numbers, it appesrs he is currently funding our deficit

A fan questioned the accountability of Corney wriggling out of a filmed meeting with fans armed with questions by the fans and got a - stop being so negative and contribute if you want your say - response.

 

I am grateful to all that attended the meeting and the notes were a decent read. But our self-elected representatives must be willing to face scrutiny if things don't quite go to plan. If they're not up for the scrutiny, then I think they need to reconsider whether they're up for the next meeting, if it ever happens.

Face scrunity for what exactly?

A good start NNN. Some good answers. Obviously you've seen paperwork as well. Curious as to whether any people that attended who have hammered Corney in the past have changed their minds?

Slightly, still got a lot to answer for in relation to communication/mistakes etc...

7,224

Wow, that is pretty terrible that we can't fill the ground when it's free

Number may look poor, but considering Chaddy End was 3/4 empty, only leaves 3,000 spare seats in home ends, could be worse

Train tickets to Shrewbury booked, anyone else going on train, if so what time?

Good to meet the lads today.

Aye, i second this!

Although background issues are in need of urgent attention and can't just be forgotten for another 6 months, lets get behind Sheridan and finally have something to cheer for. Hoping for a big turnout at Shrewsbury now and an upping in home attendances!!

I've lost what your point was.

 

The deal was £5.0m for the Lancaster Club, + 700k grant, use not specified and re-negotiate the lease at Chapel Rd. The stipulation was "some" money be spent on the new stand, but it was not specified how much it was to be.

 

It was not 5.7m + 700k on Chapel Road though.

 

Considering the cost of the stand, and over run, it's not a great leap of faith to assume some of the money was used, but on the other hand, not unreasonable to assume much of the £700k was to cover fees purchasing. Either way, we got a new stand, and the relative sums are small.

My bad, i read it as 5.7 + 700k. Apologies. Everythings become very off the point, my point was, although they may have owed us the money as a technicality (which i concede now after comments) the money was intended to be used as an investment for re-development of Boundary Park for a new North Stand.

I was disputing the comment about it wasnt an investment but that it was owed.

You've come on the scene telling us stuff that we either already know or is bollocks, up your game man.

You're entitled to your opinion, i havent got any more time to waste replying in a dead-end argument

On a further point, its all well and good being 'fly' behind an account name (no disrespect to anyone else that hasn't used their actual name), but I am stating things that I have read on the internet, papers and heard and my take on the matter which I'm entitled to do, as it is a forum. I'm not ashamed to say what my take on the club is using my real name (in which I am mistaken from time to time on facts), yet you can very easily give grief sat behind an account and from the looks of it, are being a passive member in the crisis that are club is in. At least I'm actually trying to do something.

Not quite true. The money was in lieu of being sued by TTA, which would have almost certainly won on the OMBC Advice given, and the money was a negotiated settlement. A win win as quicker recoup for TTA, and less outlay for OMBC, and therefore taxpayer.

Im just stating it was a redevelopment fund, which is on the internet to see, thats all im saying. The money was to fund the new stand.

Oscar and DanNotSoBright must be there, absolute scenes guaranteed.

Just embarassing for you, if you cant prove yourself you automatically go on the defensive. My point on redevelopment fund is based on evidence, yours is based on speculation.

Forum has turned into a slagging contest if someone has an alternative view.

Not true.

We paid £5m for the lancaster on the basis we could build a stadium. We couldn't build a stadium so they bought it back for £5m.

The costs incurred were around £700k so they rather generously gave us a 'grant' of £700k.

All hail oldham :censored:in council ✌️

To clarify, the 5.7m, as ive already said, was a redevelopment fund for the New Stand because the new stadium fell through. I know the absolute shambles Oldham Council are, but we are very lucky they bought it back of us so that we could redevelopment elsewhere, if they hadnt, i dont know where we'd currently be, playing on avros pitches?

The council didn't invest, they owed us money for Failsworth.

They didnt 'owe' us money, they bought the Lancaster club with a redevelopment fund meant to be used for the New Stand. Also, they gave us a 700k grant on top of the 5.7m and renewed chapel road licence. If anything, the way the deal panned out, they did us a big favour taking the Lancaster club off our hands. Redevelopment fund screams INVESTMENT

Oh the irony !

 

BBC Manchester doing a phone in on Monday. On twitter it's advertised with Crisis at Oldham? It's being discussed on the football phone in show. I imagine you've been in touch already to tell that what a waste of time it is and everything is fine.

I am worried very worried the steady decline is looking like this may be the year we go down. I see people saying we don't need to sign players yet as no game for x amount of days. oh so we don't want them to train together then these players we may have coming in has anybody not learnt at the club what happens when you leave it to the last min? Like we did at the summer. We failed to plan properly for this season and as the saying goes fail to plan, plan to fail and we are failing.

The facts are this club is in serious decline and serious questions need to be asked. Mr.corney himself clearly states when we signed the sports direct deal that we now attached ourselves to the bigger budgets in the league. Since then we have sold players and managers for decent money and all we hear isn't we have the lowest budget. So why is this?

The scoreboard again nearly a year onwards and I appreciate what the trust are saying but seriously people look and think it's been a year wtf is going on where is the bloody thing. It feels as though it's been nothing but disappointment after disappointment recently.

I would love it in a year or two your turning round to me saying I told you so because I want what's best for the club as we all do.

But seriously guys what's it going to take for action to be taken? What is going to have to happen for people to wake up and actually see the truth of what's going on. The football club despite apprantly having a bigger budget is being run on a shoe string whilst in the chief executive's words the OEC is flourishing. Isn't it funny how the OEC is up and running in the new stand and the two who want sod all to do with OAFC and Mr.corney are taking the profits from that. People say yes they will be paying OAFC rent. Let me ask you this if you had both businesses and the OEC is flourishing and your clearly neglecting the football side of things why would you pay a decent rent and skim off the OEC profits I can't say for certain course I can't but I suspect it will be minimal rental income OAFC gets from the OEC and whatever does come goes towards the building cost. It's just funny how the supporters bar isn't done yet coz I'd presume again I can't say for certain but with that being for the fans the money would go solely to OAFC.

I really hope the session that NNN is doing with Corney gets true and honest answers and no that does not mean answers I want to hear it will certainly be interesting.

What hurts the most is all the infighting between fans and the lack of any real passion or challenge to change anything.

Mcfluff rip this apart feel free on any spelling or whatever am done with the childish debates if you want to debate things let's do it like the adults we should be. Please don't throw out the gonand find a buyer argument either that's not my job and I think the bloke we have now is doing a poor job and could do a better job that's what frustrates me. I genuinely feel he is choosing to neglect us am not saying he should be pumping millions in but I do think it's a choice for us to be run on such a strict budget and that choice is to maximise the OEC at the expense of OAFC.

 

Absolutely spot on - the fans forum was eye opening to have it confirmed and kind of rubbed in that the OEC is flourishing, and even more eye-opening that not one person on the panel knew anything proper about the Sports Direct promise. I for one, hope all us 'corney-sceptics' get proven wrong for the reasons you said, do I think we will be? very unsure.

For me, the fact that OEC and Brassbank exist suggests the football club and more importantly things on the pitch isn't SC's or the other two's first priority......

 

Making profit on the land and stand etc, taking that money from the club is......which to me feels like not the dealings of a true fan.......(whether or not any of us fans thinks it's fair game that the owners wanna do that is another conversation).

 

If any of us fans came into life changing money and bought the club, the stand, the land, everything, do you think PR would be non-existent until something stinking has hit the fan!?

 

And why does whether a fan attends a certain amount of matches have anything to do with whether or not he / she believes SC is an oldham fan or not....it's just adding to divide and conquer which seems to be the retorhic for OAFC....shame

 

I wonder what our wage budget would be if the owners of OAFC put everything related to us (land, stand, everything that has a tie to the football club) would be. Surely not as poor as it is now....

 

Until TTA officially leave we're going to continue in this downward spiral. Unfortunately no one with more than x2 brain cells that isn't an Oldham fan will buy us....Who would buy a football club with no stadium, stand, land, just the name? Who? Crazy!! So annoying!!

Hang on Dan. You've been good enough to put yourself forward, which is great and appreciated.

However, some have criticised you, and now you have hit back complaining about the criticism rather than listening to what has been said. You are fobbing of the critics.

Surely that is no different to the criticisms you have levelled at Simon Corney's responses?

If you go on the offensive, he'll react in the same way as you have dismissing everything.

He's only human, does not have to do this, and it is rare for a Chairman to do so.

Criticism about spelling and miss naming on an informal forum is hardly something major, obviously im going to dismiss comments about gripes over spelling. As for other critisms i havent dismissed them, ive justified my position which was required of me. I've already said i won't be on the offensive but i won't be fooled if we start getting politician answers.

 

I can't agree Dan. If you want Corney to take this meeting seriously it helps to appear professional and factually accurate. In my experience misspelling a guy's name is often a sure way to irritate him and there is no point in doing that.

Were on an informal forum. Jesus, myself and every other person arent going to make these mistakes when s*** gets real.

Danbright has to be there just for calling Mark Moisley 'Mike' and Gazal 'Gazelle'

 

DWild has Corney Out in his Twitter bio so he's a must.

 

And Real has to be there so we can finally nail down those Trust membership numbers.

Nothing constructive will ever proceed on these forums with boring childish critisms about mispellings and a mistaken name, christ

You have a great memory...

 

Thank you.

If you are taking part in this you really need to go in with an open mind

 

I will be doing, I'm just stating stuff that has already been confirmed and justifying myself to people who just wanted clarification. I am more than willing to listen to him, I just won't be fooled, I hope more than anything he proves me wrong and takes us forward, do I think this will happen? Unsure.

As far as we know, all club related income goes to the club. So that's matchday income and any club related events. You're correct (to my knowledge) that we don't see much of anything else, though i suspect that the OEC pays some sort of rent to the club that's then used to pay off debt. Though really none of us know.

 

Club related events do not fully go to our club 100% of the time, e.g. Fans forum, Christmas players meals, another thing that was confirmed, as Mike Moisley had to shout over to the bar manager to ask 'is this tonight going to the club', in which the answer was 'I don't know, ill have to check'. Make of that what you will.