oafc1012 Posted January 13, 2015 Share Posted January 13, 2015 we all know that the club has been up for sale (for the right price/person) for years. my guess is Corney is using the increased media attention from the last week or so, to draw attention to that fact. does anything actually change in the meantime? dont know Quote Link to comment Share on other sites More sharing options...
Senor_Coconut Posted January 13, 2015 Share Posted January 13, 2015 Yeah would also like to know... Don't know much about him... Think Vincent Tan. Quote Link to comment Share on other sites More sharing options...
Senor_Coconut Posted January 13, 2015 Share Posted January 13, 2015 we all know that the club has been up for sale (for the right price/person) for years. my guess is Corney is using the increased media attention from the last week or so, to draw attention to that fact. does anything actually change in the meantime? dont know Yeah, no new players. Quote Link to comment Share on other sites More sharing options...
jimsleftfoot Posted January 13, 2015 Author Share Posted January 13, 2015 We do have debt and it has increased year on year, its not with the banks its purely with the directors in the form of Directors loans. The accounts I downloaded last year showed a directors loan totalling £6m It is not debt that needs to be repaid like a loan. It's shareholders funds (different to a loan) and it hasn't grown for a few years now. Quote Link to comment Share on other sites More sharing options...
oafc0000 Posted January 13, 2015 Share Posted January 13, 2015 and it hasn't grown for a few years now. Which is the important bit... Quote Link to comment Share on other sites More sharing options...
deyres42 Posted January 13, 2015 Share Posted January 13, 2015 Don't know if there are any actual rules in place but I doubt you'll see any more clubs being allowed to move so far away from thelr borough. Quote Link to comment Share on other sites More sharing options...
robboman Posted January 13, 2015 Share Posted January 13, 2015 £5m between 3000 fans - £1667 each Do'able! Quote Link to comment Share on other sites More sharing options...
oafc0000 Posted January 13, 2015 Share Posted January 13, 2015 £5m between 3000 fans - £1667 each Do'able! Do I get some shares Quote Link to comment Share on other sites More sharing options...
HarryBosch Posted January 13, 2015 Share Posted January 13, 2015 Joking aside, how did other clubs that have become fan owned go about getting the money together? Quote Link to comment Share on other sites More sharing options...
singe Posted January 13, 2015 Share Posted January 13, 2015 (edited) I hope he doesn't go, but he better not blame the Evans situation. He needs to look in the mirror for that. He could have stopped it at any time. Corney, Joy, Owen, and Johnson are all to blame, but he has the purse strings. It was his judgement to carry it through. Edited January 13, 2015 by singe Quote Link to comment Share on other sites More sharing options...
ghostofcecere Posted January 13, 2015 Share Posted January 13, 2015 The guy is a lose cannon and complains at attendances more than Barry. If you follow rugby you will see hes a complete knob who would make us move to SalfordThis Quote Link to comment Share on other sites More sharing options...
singe Posted January 13, 2015 Share Posted January 13, 2015 I assume Corney could walk away with the £6m to Blitz still being owed. Quote Link to comment Share on other sites More sharing options...
singe Posted January 13, 2015 Share Posted January 13, 2015 The only people sniffing to buy the club after last weeks debacle, will be those wanting a cut price bargain. Quote Link to comment Share on other sites More sharing options...
robboman Posted January 13, 2015 Share Posted January 13, 2015 Article now on the chron website Quote Link to comment Share on other sites More sharing options...
deyres42 Posted January 13, 2015 Share Posted January 13, 2015 This A bit of refreshing honesty would make a pleasant change from the current regime. Quote Link to comment Share on other sites More sharing options...
Chaddy_Ender Posted January 13, 2015 Share Posted January 13, 2015 Wonder if Barry Blatter has is eyes on the top job :laught30: Quote Link to comment Share on other sites More sharing options...
4froale Posted January 13, 2015 Share Posted January 13, 2015 do we actually still owe £6m? every time weve had money from cup runs and players there is talk of the money going 'over the water', so surely we cant still owe £6m? Quote Link to comment Share on other sites More sharing options...
jsslatic Posted January 13, 2015 Share Posted January 13, 2015 When he says 'I was here' does he mean in the UK? Because I'm sure the JC report and everything else said he was in NY. He certainly wasn't in the press going into and out of BP... Quote Link to comment Share on other sites More sharing options...
jimsleftfoot Posted January 13, 2015 Author Share Posted January 13, 2015 So Blitz is still pumping money in ? The notes to the last 3 sets of accounts (and a set from 2008 state): At 31/12/08 Net liab: £3.1m Loss: £414k At 31/12/10 Net liab: £5.4m Loss: £784k As at 31/12/11 Net liab £5.4m As at 30/6/13 Net liab £5.1m Quote Link to comment Share on other sites More sharing options...
oafc0000 Posted January 13, 2015 Share Posted January 13, 2015 do we actually still owe £6m? every time weve had money from cup runs and players there is talk of the money going 'over the water', so surely we cant still owe £6m? I think that talk isn't founded in reality... I think it goes on the gas bill... Quote Link to comment Share on other sites More sharing options...
Hands on Posted January 13, 2015 Share Posted January 13, 2015 (edited) Simon Corney has operated this club on a break even basis and finally this season got us into a position where a playoff place was possible. The fragility of our position was demonstrated when Kelly got injured and we were knocked out of the cups. Our position now doesn't look so hopeful although if LJ can do some magic deals we are still in a position to make sixth place. The club, the board and the moderate majority have however taken stick over the attempt to sign Ched. I am all in favour of a robust debate but the abuse, threats and ill informed comments from the immoderate minority stopped the signing. Whatever those people think the motivation in signing Ched was to help my football club. My hope is that the understandable desire to sell will mean that LJ will be allowed to attempt to bring some players in and we won't be selling everyone that has a price on their heads. No one should be in any doubt how precarious our position is. It is possible that the new stand is the only thing that will save our club. Without that stand the most sensible thing, in order to get their money back, would have been to demolish the football ground and sell the land to the NHS or for housing. OAFC could be put into administration tomorrow so best not to continue with anymore abuse, threats and ill informed comments about a man, Simon Corney, who has kept this club alive. Edited January 13, 2015 by Hands on Quote Link to comment Share on other sites More sharing options...
oafc0000 Posted January 13, 2015 Share Posted January 13, 2015 The notes to the last 3 sets of accounts (and a set from 2008 state): At 31/12/08 Net liab: £3.1m Loss: £414k At 31/12/10 Net liab: £5.4m Loss: £784k As at 31/12/11 Net liab £5.4m As at 30/6/13 Net liab £5.1m Blitz stepped down in 2010.... Quote Link to comment Share on other sites More sharing options...
oafc0000 Posted January 13, 2015 Share Posted January 13, 2015 (edited) "We underestimated the attention and fury" Jesus wept... Corney doesn't believe impending doom awaits us... I see nothing to suggest why it would either... Just a different head running the show will be the only change. There is a mindset in some fans that without SC we are :censored:ed. I don't see anything to support it. Edited January 13, 2015 by oafc0000 Quote Link to comment Share on other sites More sharing options...
leeslover Posted January 13, 2015 Share Posted January 13, 2015 Joking aside, how did other clubs that have become fan owned go about getting the money together?Quite often they don't. Quote Link to comment Share on other sites More sharing options...
oafc0000 Posted January 13, 2015 Share Posted January 13, 2015 Quite often they don't. Bought the clubs for 1p etc ? Quote Link to comment Share on other sites More sharing options...
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