singe Posted January 22, 2016 Share Posted January 22, 2016 (edited) There may or may not be inaccuracies in there with regards to the detail but the fundamental point being made is 100 percent accurate. The division that oafc is in has very little impact on OEC profits so why wouldn't corney run the football club a shoe string? Why do you think the OEC has so little OAFC branding on it. Look at the website - no real reference to latics to speak of. This disassociation is a conscious decision. The less connection between OEC and oafc from a branding point point the better for the success of OEC. It means OEC as a business isnt associated with a failing brand and so when oafc declines it doesnt drag OEC down with it. The fundamental point, it's the title, is that the focus is the land not the club. It's hardly an exclusive, The TTA have stated it often enough, they elicits stated it on Day 1, 10 years ago and a number if times since. The fundamental point of the article is that a manager cannot possibly work in those financial constraints. Conditions that are similar for half the Football League. So why would someone want that story of financial restrictions, to be exposed, someone who wants their managerial record to be explained away, that's who. Understanding the motivation sheds a whole new light on the article if you eyes are open. Oh, and there are tax benefits for operating separately. As well as a comparatively small income stream for some people getting 0% interest of £6m for 10 years. Edited January 22, 2016 by singe Quote Link to comment Share on other sites More sharing options...
Magister Posted January 22, 2016 Share Posted January 22, 2016 (edited) Harry I have no idea but the implication is that the club has been ripped off , that the owners have no interest in the football and that the relationship between Hill Ryder and Dutton and the 3 owners and is at best shady....is the Independent correspondent right? Edited January 22, 2016 by Magister Quote Link to comment Share on other sites More sharing options...
Andy b Posted January 22, 2016 Share Posted January 22, 2016 Land and any profitable development that can be realised from it - eg oec Quote Link to comment Share on other sites More sharing options...
Magister Posted January 22, 2016 Share Posted January 22, 2016 The fundamental point, it's the title, is that the focus is the land not the club. It's hardly an exclusive, The TTA have stated it often enough, they elicits stated it on Day 1, 10 years ago and a number if times since. The fundamental point of the article is that a manager cannot possibly work in those financial constraints. Conditions that are similar for half the Football League. So why would someone want that story of financial restrictions, to be exposed, someone who wants their managerial record to be explained away, that's who. Understanding the motivation sheds a whole new light on the article if you eyes are open. Oh, and there are tax benefits for operating separately. As well as a comparatively small income stream for some people getting 0% interest of £6m for 10 years. Careful Singe. Close to libel that Quote Link to comment Share on other sites More sharing options...
singe Posted January 22, 2016 Share Posted January 22, 2016 Harry I have no idea but the implication is that the club has been ripped off , that the owners have no interest in the football and that the relationship between Hill Ryder and Dutton and the 3 owners and is at best shady....is the Independent correspondent right? The building deal was very transparent. Hill was bought on board to specifically realise that asset and sell those houses. It's hardly news at all. Look at the details from that time. And that was when it was going to be hundreds more dwellings before the crash and the housing plan collapsed. Quote Link to comment Share on other sites More sharing options...
singe Posted January 22, 2016 Share Posted January 22, 2016 All this talk diverts attention away from the managerial performances if the previous managerial team. Remarkable coincidence. Quote Link to comment Share on other sites More sharing options...
LaticsPete Posted January 22, 2016 Share Posted January 22, 2016 David Dunn has just tweeted that he has neither spoken to or met the journalist Not to say there couldn't have been an intermediary Quote Link to comment Share on other sites More sharing options...
Magister Posted January 22, 2016 Share Posted January 22, 2016 So being offered a directorship of a client company is not a conflict of interest Quote Link to comment Share on other sites More sharing options...
HarryBosch Posted January 22, 2016 Share Posted January 22, 2016 Harry I have no idea but the implication is that the club has been ripped off , that the owners have no interest in the football and that the relationship between Hill Ryder and Dutton and the 3 owners and is at best shady....is the Independent correspondent right? I doubt the average half intelligent person reading the piece would find a director of a football club who's also an estate agent selling some houses on behalf of fellow directors/colleagues "shady". Also, was the Clayton Arms not owned by Lees's meaning we made nothing from it once they went? Quote Link to comment Share on other sites More sharing options...
Magister Posted January 22, 2016 Share Posted January 22, 2016 David Dunn has just tweeted that he has neither spoken to or met the journalist Not to say there couldn't have been an intermediary As I said to Singe ..be careful Quote Link to comment Share on other sites More sharing options...
NewBlue Posted January 22, 2016 Author Share Posted January 22, 2016 Without any fans they'd have :censored: all The whole point of the article is that they have... Quote Link to comment Share on other sites More sharing options...
LaticsPete Posted January 22, 2016 Share Posted January 22, 2016 As I said to Singe ..be careful I am And there's nothing to be careful about in what I wrote Quote Link to comment Share on other sites More sharing options...
leeslover Posted January 22, 2016 Share Posted January 22, 2016 There may or may not be inaccuracies in there with regards to the detail but the fundamental point being made is 100 percent accurate. The division that oafc is in has very little impact on OEC profits so why wouldn't corney run the football club a shoe string? Why do you think the OEC has so little OAFC branding on it. Look at the website - no real reference to latics to speak of. This disassociation is a conscious decision. The less connection between OEC and oafc from a branding point point the better for the success of OEC. It means OEC as a business isnt associated with a failing brand and so when oafc declines it doesnt drag OEC down with it. Why on Earth would you splash OAFC over stuff selling business, wedding conference facilities? Everyone who cares, knows. Anyone who doesn't care isn't more likely to buy if you did. I wouldn't hire a place because it had Bolton or Leeds Rhinos :censored: all over a brochure Quote Link to comment Share on other sites More sharing options...
rosa Posted January 22, 2016 Share Posted January 22, 2016 Wonder if the council made public how much the hospital trust paid for the land the new car park was built on, or if the company who run the hospital car parking make public how much the hospital pay them. Seeing as making a full breakdown of your accounts fully public is standard practice. Apparently. Quote Link to comment Share on other sites More sharing options...
Magister Posted January 22, 2016 Share Posted January 22, 2016 I am And there's nothing to be careful about in what I wrote Suggesting Mr Dunn might have used an intermediary is certainly libellous if he did not Quote Link to comment Share on other sites More sharing options...
LaticsPete Posted January 22, 2016 Share Posted January 22, 2016 No it's not - please do some more internet research on what libel actually is and how difficult it is to prove Quote Link to comment Share on other sites More sharing options...
Andy b Posted January 22, 2016 Share Posted January 22, 2016 Leeslover, the point is if Oafc was a positive brand to be associated with then OEC would make more of the fact that OEC is part of Oafc - it would be a selling point of the OEC. Do a quick comparison of facilities at other clubs. The fact that it has, in my view, actively sought to disassociate itself from oafc tells you everything about the owners priorities. Quote Link to comment Share on other sites More sharing options...
Stevie_J Posted January 22, 2016 Share Posted January 22, 2016 They bought the club in its entirety. The bit that was going to need supporting financially, the football team, was split from the assets of value (the land). The money used to keep the football team is put in as a loan and is all repayable to the owners (despite much of it arguably being misspent by them). The profits from the assets, the property development, car parks and now the stand and events all go to the owners and nowhere near the club. They played at running a football club for a bit and got bored when it turned out not to be piss easy. Then they walked away from that, saddling the club with a debt that will scare off any would-be owner. Their attention has for a long time been almost entirely focused on making money out of the other pieces of the business, whilst leaving the football club component to look after itself and brainwashing the likes of Barry into thinking we're better off not striving for promotion from this division. Since rescuing us and having a brief run at trying to win promotion, they haven't done us many favours. Quote Link to comment Share on other sites More sharing options...
deyres42 Posted January 22, 2016 Share Posted January 22, 2016 Curtis Dockray @Curtis_dockray 1h1 hour ago Blitz gazel and corney own all the land said it months ago and facts there now, ruining our club. #corneyout #oafc Quote Link to comment Share on other sites More sharing options...
Magister Posted January 22, 2016 Share Posted January 22, 2016 No it's not - please do some more internet research on what libel actually is and how difficult it is to prove Don't need to mate. I am quite familiar with Torts. ......I was just advising caution not criticising or judging but still... Quote Link to comment Share on other sites More sharing options...
leeslover Posted January 22, 2016 Share Posted January 22, 2016 Leeslover, the point is if Oafc was a positive brand to be associated with then OEC would make more of the fact that OEC is part of Oafc - it would be a selling point of the OEC. Do a quick comparison of facilities at other clubs. The fact that it has, in my view, actively sought to disassociate itself from oafc tells you everything about the owners priorities.But which other clubs? Comparison to the Red Soxx is absurd. Lancs have a real draw to Lancastrians and cricket fans worldwide. Would the OEC be a bigger draw if we were 14th in the Championship? I don't think so. Quote Link to comment Share on other sites More sharing options...
LaticsPete Posted January 22, 2016 Share Posted January 22, 2016 Don't need to mate. I am quite familiar with Torts. ......I was just advising caution not criticising or judging but still... Well thank you for your concern but don't be offended if I choose to discount it Quote Link to comment Share on other sites More sharing options...
HarryBosch Posted January 22, 2016 Share Posted January 22, 2016 Curtis Dockray @Curtis_dockray 1h1 hour ago Blitz gazel and corney own all the land said it months ago and facts there now, ruining our club. #corneyout #oafc Not one single fly has ever been near him..... Quote Link to comment Share on other sites More sharing options...
Magister Posted January 22, 2016 Share Posted January 22, 2016 Well thank you for your concern but don't be offended if I choose to discount it I don't take offence ...much more fun causing it Quote Link to comment Share on other sites More sharing options...
Twisbrogan Posted January 22, 2016 Share Posted January 22, 2016 There is/ was a new mortgage/ charge document lodged with Companies House during December between Brassbank & OAFC. Sadly, I'm not knowledgeable enough about these things to understand the implications but it's publicly available for anyone who does. Would be interesting to know. Quote Link to comment Share on other sites More sharing options...
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