Aarondo Westy Posted January 7, 2017 Share Posted January 7, 2017 Just had an inbox on Facebook and again am not saying this is true it may be complete toss but it said we are going into administration and are begging people for investment. Now am not saying it's true by any means so don't be hating on me but the person who sent it I know for a fact has regular dealings with people at the club. Again just passing on the message Quote Link to comment Share on other sites More sharing options...
mcfluff1985 Posted January 7, 2017 Share Posted January 7, 2017 Not had that rumour for about 6 months. It's overdue Quote Link to comment Share on other sites More sharing options...
Aarondo Westy Posted January 7, 2017 Share Posted January 7, 2017 (edited) Not had that rumour for about 6 months. It's overdue Like I say could be bollocks of course it could but the lack of transfers activity could be linked to this. Then again there was a agent on twitter last week or week before saying he'd been doing transfer negotiations with the club so who knows Edited January 7, 2017 by Aarondo Westy Quote Link to comment Share on other sites More sharing options...
mcfluff1985 Posted January 8, 2017 Share Posted January 8, 2017 Like I say could be bollocks of course it could but the lack of transfers activity could be linked to this. Then again there was a agent on twitter last week or week before saying he'd been doing transfer negotiations with the club so who knows Who knows. Guy on twitter saying embargo be lifted no earlier than 14th Quote Link to comment Share on other sites More sharing options...
Aarondo Westy Posted January 8, 2017 Share Posted January 8, 2017 Who knows. Guy on twitter saying embargo be lifted no earlier than 14th Guess time will tell. Not scaremongering here was just passing it on. I hope it's bollocks as much as the next man. Quote Link to comment Share on other sites More sharing options...
youngen Posted January 8, 2017 Share Posted January 8, 2017 The best thing is about this thread is people think that if Corney sells up, it won't be to an investor who's also hell bent on trying to make a profit out of our :censored:ty little club. This board has just become the Mcfluff vs Yarddog in a who can nibble the most battle Quote Link to comment Share on other sites More sharing options...
yarddogs Posted January 8, 2017 Share Posted January 8, 2017 This rumour come from the shirtless lad in the Rocky wouldn't take it as gospel Quote Link to comment Share on other sites More sharing options...
chris_ktf Posted January 8, 2017 Share Posted January 8, 2017 For the 633rd time. Business first. Football second. Quote Link to comment Share on other sites More sharing options...
chris_ktf Posted January 8, 2017 Share Posted January 8, 2017 I can't think of another business or sector that only invests to make itself more asset rich, while utterly and totally neglecting its core business or reason for existing. Quote Link to comment Share on other sites More sharing options...
oafc1955 Posted January 8, 2017 Share Posted January 8, 2017 Just had an inbox on Facebook and again am not saying this is true it may be complete toss but it said we are going into administration and are begging people for investment. Now am not saying it's true by any means so don't be hating on me but the person who sent it I know for a fact has regular dealings with people at the club. Again just passing on the message It's no secret we are living hand to mouth and with only two league games at BP in the last 9 weeks and at reduced price too, money has not exactly been rolling in. However, I would like to think that if Administration was imminent the Trust would already be aware of it and would have acted accordingly. Quote Link to comment Share on other sites More sharing options...
Monty Burns Posted January 8, 2017 Share Posted January 8, 2017 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. Great post, well said. Quote Link to comment Share on other sites More sharing options...
opinions4u Posted January 8, 2017 Share Posted January 8, 2017 If administration is on the cards Corney is screwing over Blitz and Gazal big time as they're the ones who'll lose £millions. I can see the football club remaining cash starved but I'd be gobsmacked if we end up in administration while these guys have such a financial interest in it not happening. Quote Link to comment Share on other sites More sharing options...
Crusoe Posted January 8, 2017 Share Posted January 8, 2017 It's no secret we are living hand to mouth and with only two league games at BP in the last 9 weeks and at reduced price too, money has not exactly been rolling in. However, I would like to think that if Administration was imminent the Trust would already be aware of it and would have acted accordingly. Call me cynical but I don't believe the club would tell the Trust, and even if they did I don't believe there's a damn thing the Trust could meaningfully do. Quote Link to comment Share on other sites More sharing options...
oafc1955 Posted January 8, 2017 Share Posted January 8, 2017 (edited) Don't think B&G would be too bothered if we entered admin anyway, they haven't a hope in hell of getting back their original investment even if the club is sold. It's the club that have the debt isn't it so it could fold leaving them with the land to develop and the OEC could become a stand alone structure with the seats and terracing taken out and a few alterations. The fact that they were building houses a stones throw from the Chaddy had already fuelled my suspicions. Edited January 8, 2017 by oafc1955 Quote Link to comment Share on other sites More sharing options...
oafc1955 Posted January 8, 2017 Share Posted January 8, 2017 Call me cynical but I don't believe the club would tell the Trust, and even if they did I don't believe there's a damn thing the Trust could meaningfully do. If the trust as a shareholder was doing what it was supposed to do ie. looking after the interests of the fans, it should be well aware of the club's financial state. Quote Link to comment Share on other sites More sharing options...
mcfluff1985 Posted January 8, 2017 Share Posted January 8, 2017 If the trust as a shareholder was doing what it was supposed to do ie. looking after the interests of the fans, it should be well aware of the club's financial state. The trust links in with what I was saying about if he walked. May have already been answered bit how much is in the kitty for running the club in an emergency? Or am I way off what the trust is there for? Quote Link to comment Share on other sites More sharing options...
deyres42 Posted January 8, 2017 Share Posted January 8, 2017 Don't think B&G would be too bothered if we entered admin anyway, they haven't a hope in hell of getting back their original investment even if the club is sold. It's the club that have the debt isn't it so it could fold leaving them with the land to develop and the OEC could become a stand alone structure with the seats and terracing taken out and a few alterations. The fact that they were building houses a stones throw from the Chaddy had already fuelled my suspicions. The authorities wouldn't allow a club like us to simply fold, use your brain a bit more. Quote Link to comment Share on other sites More sharing options...
oafc1955 Posted January 8, 2017 Share Posted January 8, 2017 Why not Einstein? Quote Link to comment Share on other sites More sharing options...
deyres42 Posted January 8, 2017 Share Posted January 8, 2017 Because with all the money sloshing around in the game they wouldn't allow it. Quote Link to comment Share on other sites More sharing options...
oafc1955 Posted January 8, 2017 Share Posted January 8, 2017 Football clubs are not immune to insolvency, they would obviously get assistance from the FL but don't think it can't happen! Quote Link to comment Share on other sites More sharing options...
Crusoe Posted January 8, 2017 Share Posted January 8, 2017 Not sure which authorities you're talking about but I think the FA would love a League One club to go bust. Big enough and with enough history to support their warnings on financial probity and ownership, small enough to not rock the boat with TV deals. Quote Link to comment Share on other sites More sharing options...
adamoafc Posted January 8, 2017 Share Posted January 8, 2017 If you honestly think blitz and gazal would want to lose out on potential investment / payoffs by putting us in admin you are mad. Too much for them to lose. Quote Link to comment Share on other sites More sharing options...
deyres42 Posted January 8, 2017 Share Posted January 8, 2017 Not sure which authorities you're talking about but I think the FA would love a League One club to go bust. Big enough and with enough history to support their warnings on financial probity and ownership, small enough to not rock the boat with TV deals. An ex Premier League club with proud history going to the wall? No chance. Quote Link to comment Share on other sites More sharing options...
deyres42 Posted January 8, 2017 Share Posted January 8, 2017 (edited) If you honestly think blitz and gazal would want to lose out on potential investment / payoffs by putting us in admin you are mad. Too much for them to lose. People come out with this nonsense without understanding what it means. Edited January 8, 2017 by deyres42 Quote Link to comment Share on other sites More sharing options...
adamoafc Posted January 8, 2017 Share Posted January 8, 2017 People come out with this nonsense without understanding what it means. It's ridiculous people genuinely believe stuff like this isn't it! Quote Link to comment Share on other sites More sharing options...
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