tGWB

I dont think your comment is correct. My understanding is that Brassbank are selling land to develop housing that allows them to reduce the price to the FLG to £7m to buy the North Stand, the land which is the footprint of the stadium and car park

tbf Pete said our players got bullied and he said a number of managers had told him after games that they saw that as our weakness

Yep, that sounds like what PW said tonight

Aspirations Which do make sense if the North Stand can be bought and better relations with the club owner be developed For me, reading between the lines, to buy a stand, the land footprint of the stadium and the car park, if all went well, its a natural objective to buy the club (but thats just my opinion)

tbh a diagram did go up on the screen but a didnt take much notice as it was being presented as a longer term objective. I was still thinking through their short term objectivesv

PW stated Little Wembley was not in the plans

Expected that tbf

Brief notes from tonights meeting: Paul Whitehead (PW)was the main presenter Simon Brooke (SB) in attendance PW stated Simon Wood was also part of the FLG There are 3-4 other members who prefer at this time to remain anonymous due to business commitments It was confirmed that Simon Corney was not part of the FLG Negotiations have taken place on numerous occasions with Brassbank (Blitz & Gazal) to purchase parts of the ground. Short term intentions: to purchase the North Stand, the land that is the footprint of the stadium and the car park for c£7m Intentions are to further develop the North Stand to try and maximise potential £revenue streams to help sustain the club. It was suggested that the ticket office, marketing dept etc be moved into the. North Stand to enhance the image of the club. Pretty sure changing rooms being moved was also mentioned as well Both PW & SB advised fans will be offered the opportunity to invest and details will be released when available Medium/Long term: develop a hotel attached to the ground, again to help generate £revenue for the club PW & SB answered a good number of questions from supporters ( but am not a secretary ) I would think the FLG will publish their own meeting notes Hope this helps Oh n dont bombard me I’ve done my best to provide an accurate and unbiased overviw

Exactly

The FLG ‘reveal’ this weekend should provide some answers and hopefully the main characters have the personal finances to invest in the club infrastructure. Am struggling though to get my head round how two Limited Companies, Brassbank and the OEC are going to risk putting their profitability at further risk by positively contributing to the finances of the club. Fingers crossed

Singe The Directors of Brassbank, being Blitz & Gazal, are the Directors of the OEC, so whilst its legally a separate trading entity it is owned by the very same people My understanding is that the FLG have taken on the day to day management of the OEC. There has been no announcement at Companies House of any change to Directors

Article is on the current plight of Englands oldest football league club Notts County but the writers thoughts on lower league club owners struck a chord https://www.thetimes.co.uk/article/bailing-out-notts-county-makes-no-financial-sense-but-one-can-only-hope-rg5pz9zfj

Only Latics, Bury and Notts County still to file their accounts for the Season 2017/2018

Thanks for confirming jorvik, I wasnt sure

Kowenicki, I have just noted what I could find from either Companies House or announcements from the official social media sites of the different parties.

No sides taken or opinion offered, just a simple overview Information available in the public domain (as at 18/07/19) Oldham Athletic 2004 Ltd Director: Abdallah Lemsagam Accounts overdue - accounts for up to 26//06/18 due by 27/06/2019 are still outstanding (source: Companies House) bought 97% shares in the club off Simon Corney. 3% shares owned by Trust Oldham The Land is owned by Brassbank Ltd who lease it to the club The North Stand is owned by Brassbank Ltd who lease it to the club Brassbank Ltd Directors: Simon Blitz / Daniel Gazal Accounts overdue - accounts for up to 27/03/18 due by 14/06/19 are still outstanding (source: Companies House) Oldham Event Centre Ltd (OEC) Directors: Simon Blitz / Daniel Gazal / Anna Kocheran Accounts overdue - accounts for up to 29/03/2018 due by 14/07/2019 are still outstanding (source: Companies House) The OEC is an event catering business based within the North Stand Trust Oldham Directors: Darren Ratcliffe (Trust elected board representative to Oldham Athletic) / Tracy Wright (Chair) / Kenny Hopwood (Vice Chair) / Mark Harrington / Elaine Ganderton / Mike Green Accounts - cannot find if/how the Trust is registered with Companies House However this is: Oldham Athletic Supporters Foundation Ltd Directors: Darren Ratcliffe / Tracy Wright / Kenny Hopwood / Mark Harrington / Philippa Rosemary Accounts - last accounts up to 31/01/2018 - accounts up to 31/01/19 due 31/10/19 Fans Led Group (FLG) Directors: unknown Recent announcements / events: 13/02/19 Trust Oldham announce they have been invited by a FLG to join talks with Brassbank to purchase the stadium and a 'period of exclusivity' has been agreed 20/03/19 Trust Oldham advise a deal has been agreed with the current landlords to purchase (a) the freehold of the stadium (b) the North Stand in its entirety and the car parking space. 10/05/19 The FLG advise that part of their purchase agreement is to take over the operation of the OEC as from 20/05/19 which allows them to bring forward plans to complete the 2nd floor and other developments within the North Stand. Next phase will be, in conjunction with the current landowners, to provide the club with a commercial agreement to provide matchday hospitality for the 19/20 season. The agreement includes; the executive boxes, the 100 club hospitality and other matchday operations 17/05/19 FLG announce Simon Brooke (ex Director of Oldham Athletic 2004 Ltd) as Operations Manager to oversee the day to day running of the OEC 25/05/19 FLG advise that following the completion of the purchase of Boundary Park that fans will be offered the chance to become co-owners through shares, likely in the form of both equity and/or investment bonds 19/06/19 FLG advise the outstanding matchday operation agreement is awaiting sign off by the club 13/07/19 FLG announce they will be opening the North Stand hospitality area as a supporters bar for the upcoming pre-season friendlies v Rochdale and Bolton 17/06/19 Club Statement advises that fans will be unable to watch the two pre-season friendlies from the North Stand. The clubs position is that the OEC have failed to honour existing liabilities towards the club from previous seasons and that commercial terms for the friendlies are unreasonable and would lead to financial loss. 17/06/19 FLG announcement in response to club statement advises despite contacting senior club officials to request a meeting to agree the details of a Service Level Agreement (SLA) for the Joe Royle Stand for the 19/20 season and ongoing annual agreement, that the club has failed to reply to these requests. The FLG advise that the SLA has the same commercial terms as the previous 18/19 season with a 4% increase to cover a rise in wages and food costs (it is worth noting that inflation for 2019 is currently c1.9%) 17/06/19 FLG invite supporters to attend a meeting on 27/07/19 for an update on the full vision of the FLG. Hopefully some fairly obvious voids can be bridged in the best interests of our club

For me, people who have already bought a season ticket are amongst our most ardent fans and open to moving stands if AL closes the JoeRoyle Stand saying the Club would be losing money if we used it. Some ill feeling granted but the vast majority just want to support the team

I think the Club got all revenue from the NorthStand on match days but surely the Club had to pay to rent tbr stand Not 100% sure but why would Blitz give it to us for free

This is were I am at the moment tbh Picking games to watch this season from the JimmyFrizzellStand

So after a 5min think: If the FLG cant agree a deal with AL, he could simlpy: 1. Decide not to use the JoeRoyleStand 2. Relocate current JoeRoyleStand season ticket holders into either the MainStand or JimmyFrizzellStand (its not like we fill 3 stands in League2) 3. Save the Club £s by not paying any rent for the pitch facing JoeRoyleStand 4. The FLG continue to run the OEC with little/no matchday £revenue 5. Corporate entertainment packages £revenue for the Club would obviously take a hit by retreating back into the MainStand maybe Hopefully a mutually beneficial deal can be struck between the FLG and the.Club

Baffling this !! If the Club / AL doesnt own the NorthStand/JimmyFrizzellStand why would we want to put fans in it if it wasnt financially beneficial to our Club The FLG dont own any part of the ground and have simply taken over the day to day running of the OEC (Oldham Event Centre). Or have I missed something

Personally I dont see it like that. If AL has anything like a decent accountant he will clear the decks, throw everything he can into losses for the year up to June 2018, including the kitchen sink and blame it on the previous owner.

due by 27th June

seriously though, we need an update, interesting thing for me will be how transparent they are, or not fingers crossed

accounts for Oldham Athletic (2004) Ltd for the year up to 26th June 2018 should be out tomorrow