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-   -   Quote from Lazarus (https://www.accringtonweb.com/forum/f93/quote-from-lazarus-49844.html)

Billy Casper 09-10-2009 10:14

Quote from Lazarus
 
"we’re still quite hopeful that we’ll find the money.". Lazarus LET 9th Oct 09.

Is this the best she can up with???.

I am "hopeful" they will find the money as well.
Does not fill me with a lot of confidence though.:(

Div3North 09-10-2009 10:54

Re: Quote from Lazarus
 
Quote:

Originally Posted by Billy Casper (Post 751875)
quite hopeful

WHAT is THAT about?

"QUITE HOPEFUL" ?????????????????

:(

Also from LET today:-

"Accounts published this week showed the club made a loss of £153,455 between May 2007 and May 2008. Net assets were worth £18,351 in May 2008, down from £256,820 the year before, while creditors totalled £740,986 – up from £368,037."

This isn't very pretty, is it ...................?

JEFF 09-10-2009 11:17

Re: Quote from Lazarus
 
Quote:

Originally Posted by Div3North (Post 751882)
"Accounts published this week showed the club made a loss of £153,455 between May 2007 and May 2008. Net assets were worth £18,351 in May 2008, down from £256,820 the year before, while creditors totalled £740,986 – up from £368,037."

This isn't very pretty, is it ...................?


Those figures are at 31st May 2008, well over a year ago, things will have changed by now. Remember in August 2008 we sold Craney to Huddersfield for £250,000.

Redraine 09-10-2009 11:25

Re: Quote from Lazarus
 
Quote:

Originally Posted by Billy Casper (Post 751875)
"we’re still quite hopeful that we’ll find the money.". Lazarus LET 9th Oct 09.

Is this the best she can up with???.

I am "hopeful" they will find the money as well.
Does not fill me with a lot of confidence though.:(

Well that's plunged me back into despair again after being boyed up (hoodwinked?) by the DON in the Observer.http://www.accringtonweb.com/forum/i...cons/icon9.gif

Exile on Spencer St 09-10-2009 11:26

Re: Quote from Lazarus
 
Bringing in someone with the surname of Lazarus to raise Stanley from its finacial deathbed is surely a joke too far. Especially when, just a few days after Ilyas Khan finally ran out of cheeks to turn, our Marcelle asks if there's anyone out there with a spare £200K.

Local Red 09-10-2009 11:40

Re: Quote from Lazarus
 
Quote:

Originally Posted by Billy Casper (Post 751875)
"we’re still quite hopeful that we’ll find the money.". Lazarus LET 9th Oct 09.

Is this the best she can up with???.

I am "hopeful" they will find the money as well.
Does not fill me with a lot of confidence though.:(


Wonder if she's checked behind the cushions on her sette, there's always a couple of quid on mine?

Wynonie Harris 09-10-2009 11:52

Re: Quote from Lazarus
 
Quote:

Originally Posted by Redraine (Post 751888)
Well that's plunged me back into despair again after being boyed up (hoodwinked?) by the DON in the Observer.http://www.accringtonweb.com/forum/i...cons/icon9.gif

Me too, Redraine. I read the Don's stuff in the Obs and kidded myself for a few minutes that he did have some sort of masterplan that he was keeping under wraps.

Then I read Marcelle's outpourings in the LET and realised what I'd suspected all along - that the club are just whistling in the wind, stumbling along and hoping "something" will turn up. The ironic thing is that she's responsible for the public image of the club, yet she's just scored a huge Google Page Ranking own goal. After the board willfully slammed the door on someone who was prepared to put money into the club, it's not the wisest move, just a few days later to start twittering about the need for investment. In fact, I would say it's guaranteed to rub ordinary, hard-working East Lancastrians up the wrong way. I really do despair. :(

yerself 09-10-2009 14:03

Re: Quote from Lazarus
 
Quote:

Originally Posted by Wynonie Harris.
he did have some sort of masterplan that he was keeping under wraps.

Perhaps he's hanging back. He could have plenty stashed away. Maybe he's just waiting to see how much is raised by SOS before committing himself to a figure. This would then minimise the cost to himself.:confused::confused:

maccawozzagod 09-10-2009 14:16

Re: Quote from Lazarus
 
that's what everybody has expected to happen and because of that people have been reluctant to chip in. He should have started the fund with £50k. He should then have added the monthly 'budgeted' figures of £18k (certainly for September and October), he should have ...

If these things had have happened then we would more than likely have topped £200k by now, be well on track and we would have avoided much of the teeth gnashing that has gone on. The Ultras and OSC would still be onside and the ASSF would still be on the outside looking in.

As it is now though very few people have any faith or trust in the management because NOTHING is being said or done by the club about anything. The only stuff we hear is regurgitated nothingness rubbish about how much money he has put in - in the past.

Revived Red 09-10-2009 14:19

Re: Quote from Lazarus
 
Quote:

Originally Posted by yerself (Post 751925)
Perhaps he's hanging back. He could have plenty stashed away. Maybe he's just waiting to see how much is raised by SOS before committing himself to a figure. This would then minimise the cost to himself.:confused::confused:


But the cost to the club has already been enormous, as I've noted elsewhere.
  • the loss of a respected vice-chairman;
  • the loss of a backer who would continue to offer financial support to the club after this initial crisis has passed;
  • the huge damage done to the club's reputation locally and nationally.
Furthermore, it has already been said that he had no more money to put into the club. So this makes his statement that he will not see the club fold once more even more mysterious.

He has just about two weeks to solve the problem. I fervently hope I am proved wrong but I cannot see how he will do it. I would rather he admitted failure, walked away now (with co-chairperson), and allowed the directors who have the club's interests at heart to take over and call on Ilyas Khan.

lancsdave 09-10-2009 18:39

Re: Quote from Lazarus
 
Talk about fickle football fans. You can't win with you lot.

Earlier in the week you demanded explanations as to why the ASSF offer was turned down. A spokesman ( lady ) for the club now explains it was because the offer was too much and they wanted 50k less, and you lot still whinge !!:rolleyes:

DAV007 09-10-2009 19:52

Re: Quote from Lazarus
 
Has no one considered - O'neill/Whalley are waiting until the week before the deadline to see how many points are on the board and if its worth risking 10 less?
10 points less and a promise to JC to recruit once out of administration may be considered a calculated risk (by them and them alone!).

IMO, there only hope now is the SOS or maybe they will throw good money after bad?

Pride comes before a fall.
But I always though it was better To get a penny than to lose a pound?

shakermaker 09-10-2009 19:59

Re: Quote from Lazarus
 
Quote:

Originally Posted by DAV007 (Post 751986)
Has no one considered - O'neill/Whalley are waiting until the week before the deadline to see how many points are on the board and if its worth risking 10 less?
10 points less and a promise to JC to recruit once out of administration may be considered a calculated risk (by them and them alone!).

IMO, there only hope now is the SOS or maybe they will throw good money after bad?

Pride comes before a fall.
But I always though it was better To get a penny than to lose a pound?

The consensus seems to be that we couldn't go into administration. Just liquidised. Gone. Do not pass go. Do not collect £200.

madkev 09-10-2009 20:02

Re: Quote from Lazarus
 
[quote=shakermaker;751990 Do not collect £200.[/quote]

Or 200,000 should that read
:rolleyes:

Doug 09-10-2009 22:00

Re: Quote from Lazarus
 
Open Post for Mr. O’Neil…

Incredulous; that’s the only word I could come up with for this diabolical episode. Mr. O’Neil you had me practically convinced with your statement in the Observer; obviously your have listened and acted on advice and got your media act together; so why have you allowed Ms. Lazarus to go off half cocked and produce this dribble; even if it was a prelude to something else happening to move the situation forward she’s dropped one hell of a bullock, so much so it as undermined the good attempt that you have made this weekend in the Observer to reconcile yourself with the fan base of Accrington Stanley.

For god sake keep her off the phone and if you do have to let her near a computer make sure the bloody internet is disconnected and don’t give her a pen. If this false enchantress is to stay and blossom and produce good work with the club then at least apprentice her to one of the active Directors and get her disciplined in the art of communication and public relations.

ukcowboy 09-10-2009 22:04

Re: Quote from Lazarus
 
Quote:

Originally Posted by Doug (Post 752025)
Open Post for Mr. O’Neil…

Incredulous; that’s the only word I could come up with for this diabolical episode. Mr. O’Neil you had me practically convinced with your statement in the Observer; obviously your have listened and acted on advice and got your media act together; so why have you allowed Ms. Lazarus to go off half cocked and produce this dribble; even if it was a prelude to something else happening to move the situation forward she’s dropped one hell of a bullock, so much so it as undermined the good attempt that you have made this weekend in the Observer to reconcile yourself with the fan base of Accrington Stanley.

For god sake keep her off the phone and if you do have to let her near a computer make sure the bloody internet is disconnected and don’t give her a pen. If this false enchantress is to stay and blossom and produce good work with the club then at least apprentice her to one of the active Directors and get her disciplined in the art of communication and public relations.



Either that, or send Her to the same 'School of Transparency' that you attended :mad::mad: (aimed at O Neil not you Doug!)

Kiwi John 09-10-2009 22:34

Re: Quote from Lazarus
 
:D I have just read that article from the telephone salesperson and I seriously burst out in laughter. What a joke she is.God I really feel for all you die hards, I love STANLEY, but I know its in your veins... I really REALLY do fear for the club after reading her 'comic strip'. Don't you Brittish have a "gentlemans' agreement thingy where people in high positions who 'stuff-up' do the honourable thing and 'terminate' ?

UNBELIEVEABLE.

Doug 09-10-2009 22:40

Re: Quote from Lazarus
 
Quote:

Originally Posted by Kiwi John (Post 752035)
:D I have just read that article from the telephone salesperson and I seriously burst out in laughter. What a joke she is.God I really feel for all you die hards, I love STANLEY, but I know its in your veins... I really REALLY do fear for the club after reading her 'comic strip'. Don't you Brittish have a "gentlemans' agreement thingy where people in high positions who 'stuff-up' do the honourable thing and 'terminate' ?

UNBELIEVEABLE.


:eek: We don't terminate people over here John; if we did we would have terminated Mr. Brown years ago :D.....I don't know if you notice or not; but she's not a gentleman and if she was the sharpest thing she could fall on is her mobile phone..:rolleyes:

Doug 09-10-2009 22:45

Re: Quote from Lazarus
 
Quote:

Originally Posted by ukcowboy (Post 752028)
Either that, or send Her to the same 'School of Transparency' that you attended :mad::mad: (aimed at O Neil not you Doug!)

I should hope not good Sir :p :D

yonmon 10-10-2009 07:06

Re: Quote from Lazarus
 
Quote:

Originally Posted by Doug (Post 752025)
Open Post for Mr. O’Neil…
If this false enchantress is to stay and blossom and produce good work with the club then at least apprentice her to one of the active Directors and get her disciplined in the art of communication and public relations.

So, go on Cowboy!....Which Director 'skilled in the art of Communication and
Public Relations had you in mind ??....The D o'N himself ?....either one of the two who were alleged to have made such disparaging remarks about Ilyas last Saturday ?...Our CEO whose recent utterances have bordered on a level similar to the one containing the unfortunately chosen platitudes so merrily wittered away by Ms.Lazarus ?.
Had there been such a paragon of the Art of Google Page Ranking existing within the skilled ranks of Management experts in whose hands Mr o'N sees the future of Accrington Stanley being perfectly safe!...then perhaps we would never have got to the stage where we would have to spend so much of our valuable time pondering over, and commenting upon the trivial, inaccurate (some would say UNTRUE !)...and damaging information emanating from the corridors of power at 'The Crown'...and in particular from the mouth of an individual who unfortunately appears to be in a position of influence which could well determine the very outcome of Accrington Stanley as a Football League Club!!...This being the most scary facet within the whole equation!.

Goodness knows I am no Misogynist !!..my Mother was a woman!!....as are some of my dearest friends !!...but where 'The Reds' are concerned both Alfred.E. and myself feel that this well-meaning but apparently inept specimen of the Female of the species should withdraw gracefully from the scenario of coping with the salvation of Accrington Stanley...and devote her entire life to Tatting ?...Crochet work?...Playing the Bagpipes ?...or just good works amongst the poor!...(Although 'the deserving poor' might send her back after a day or two!!)...

Good posting Cowboy...keep 'em coming!!!...and FINALLY...

IT IS MATCHDAY !...10th of OCTOBER !!!!!....and HE did say ..did he not ?..

"I assure you that I will not let Accrington Stanley fold again.".

'LEST WE FORGET !!'

mab 10-10-2009 07:12

Re: Quote from Lazarus
 
:) Cracking post :)

Doug 10-10-2009 08:28

Re: Quote from Lazarus
 
Quote:

Originally Posted by yonmon (Post 752072)
So, go on Cowboy!....Which Director 'skilled in the art of Communication and
Public Relations had you in mind ??....The D o'N himself ?....either one of the two who were alleged to have made such disparaging remarks about Ilyas last Saturday ?...Our CEO whose recent utterances have bordered on a level similar to the one containing the unfortunately chosen platitudes so merrily wittered away by Ms.Lazarus ?.
Had there been such a paragon of the Art of Google Page Ranking existing within the skilled ranks of Management experts in whose hands Mr o'N sees the future of Accrington Stanley being perfectly safe!...then perhaps we would never have got to the stage where we would have to spend so much of our valuable time pondering over, and commenting upon the trivial, inaccurate (some would say UNTRUE !)...and damaging information emanating from the corridors of power at 'The Crown'...and in particular from the mouth of an individual who unfortunately appears to be in a position of influence which could well determine the very outcome of Accrington Stanley as a Football League Club!!...This being the most scary facet within the whole equation!.

Goodness knows I am no Misogynist !!..my Mother was a woman!!....as are some of my dearest friends !!...but where 'The Reds' are concerned both Alfred.E. and myself feel that this well-meaning but apparently inept specimen of the Female of the species should withdraw gracefully from the scenario of coping with the salvation of Accrington Stanley...and devote her entire life to Tatting ?...Crochet work?...Playing the Bagpipes ?...or just good works amongst the poor!...(Although 'the deserving poor' might send her back after a day or two!!)...

Good posting Cowboy...keep 'em coming!!!...and FINALLY...

IT IS MATCHDAY !...10th of OCTOBER !!!!!....and HE did say ..did he not ?..

"I assure you that I will not let Accrington Stanley fold again.".

'LEST WE FORGET !!'


With the exception of Mr. O’Neil and Ms Lazarus the existing team and those no longer active have managed to keep the club going one way or another for the last 40 odd years; I think we may have some form of obligation to give them some CREDIT. :)

I wasn’t aware that anyone within the club had said anything about Mr. Khan directly; alleged or other wise. It would appear that someone is trying there utmost to discredit the club or individuals within it in some way. I you ever thought that a rejection of Mr. Khan’s offer my be linked to the fact people are nervous about putting the future of the club in the hands of a group of people who have no experience of running a League club; other than being committed and fantastic fans. Under the ASSF/Khan deal they the ASSF would hold a controlling interest; I think I’d be concerned let alone the directors. Recapitalise by all means and it is the best way forward but not under the conditions laid down by the ASSF. :)

Wynonie Harris 10-10-2009 08:47

Re: Quote from Lazarus
 
Quote:

Originally Posted by Doug (Post 752092)
you ever thought that a rejection of Mr. Khan’s offer my be linked to the fact people are nervous about putting the future of the club in the hands of a group of people who have no experience of running a League club; other than being committed and fantastic fans. Under the ASSF/Khan deal they the ASSF would hold a controlling interest; I think I’d be concerned let alone the directors. Recapitalise by all means and it is the best way forward but not under the conditions laid down by the ASSF. :)

Total disagree. Obviously, our two co-chairpersons have no experience of running a football club in any way, shape or form. However, the other directors only have three years' experience (apart from Mr T who has experience from his time at Bury). Ilyas is not stupid and if he had assumed control of the club, he would have brought people in who do have the ability to run a league football club. To my mind, accepting the Ilyas/ASSF offer represented the only chance for Stanley to survive and progress. Even if Mr ONeill manages to meet the HMRC demand (and there are grave doubts that he will), then what of the longterm future? Mr O'Neill keeps telling us that he has "plans" but he never says what they are.

simon 10-10-2009 08:58

Re: Quote from Lazarus
 
Quote:

Originally Posted by Doug (Post 752092)

Recapitalise by all means and it is the best way forward but not under the conditions laid down by the ASSF. :)

Doug ? Which conditions do you have a problem with ??

Doug 10-10-2009 09:05

Re: Quote from Lazarus
 
Quote:

Originally Posted by Wynonie Harris (Post 752100)
Total disagree. Obviously, our two co-chairpersons have no experience of running a football club in any way, shape or form. However, the other directors only have three years' experience (apart from Mr T who has experience from his time at Bury). Ilyas is not stupid and if he had assumed control of the club, he would have brought people in who do have the ability to run a league football club. To my mind, accepting the Ilyas/ASSF offer represented the only chance for Stanley to survive and progress. Even if Mr ONeill manages to meet the HMRC demand (and there are grave doubts that he will), then what of the longterm future? Mr O'Neill keeps telling us that he has "plans" but he never says what they are.


Totally disagree. In the first instance it wasn’t Mr. Khan’s stated aim to take control and secondly why would he need the ASSF to front him if he was going to bring people in with the ability to run a league club, why not simply invest directly into the club, buy a directorship and put your own man in with the ability to run a league club who is acceptable to the board, Simple.

I do agree that Messrs O’Neil and Lazarus have little or no experience at running a league club and I do concur that there is a grave danger of all this going tits up but if we are going to debate the all issue over and over again then at least recognise that the ASSF route was not perhaps the best solution and BOTH PARTIES should have worked closer together and been more understanding other each others needs and taken a more flexible approach to resolving the situation instead of the fixed Conditions apparently applied by the ASSF.

Don’t get me wrong; I like those people in the ASSF who are known to me, I know they have the best interest of the club at heart and would not want to do anything to hurt the club…but where is there long term plan, lets get it published on here that why we might have a clearer idea.

Doug 10-10-2009 09:18

Re: Quote from Lazarus
 
Quote:

Originally Posted by simon (Post 752102)
Doug ? Which conditions do you have a problem with ??



From my understanding of what I've read on here, the condition which I have a problem with is with the ASSF taking the controlling interest of the club manly because of their collective inexperience and the soul financier would be via Mr. Khan.

I have nothing against Mr. Khan or the ASSF and I DO AGREE that the real solution to this long term is concise management and controlled investment and it’s obvious even to me that Mr. Khan’s love of the club, the town and his financial clout should and must play a major role...

That said, I would like to have seen Mr. Khan keep to his offer to match the directors input and then work with them to find further financial backers like Mr. Marsden to negotiate a long term solution, that would have been Job Done in respect of the Tax issue and would have allowed a clear run at long term survival. What we have now is division, doubt and despair.

simon 10-10-2009 09:22

Re: Quote from Lazarus
 
Quote:

Originally Posted by Doug (Post 752103)
why not simply invest directly into the club, buy a directorship and put your own man in with the ability to run a league club who is acceptable to the board, Simple.


?????????????????????????????????????????????????? ????????????????


…but where is there long term plan, lets get it published on here that why we might have a clearer idea.


My simple understanding of the plan of the ASSF is to Get transparency, see where we stand, clear the debts then run the club in a business like manner...

Pretty long term to me

Ps with NO mention of getting rid of the DON or anyone else, just adding to the party...

Some falling out has clouded the last point maybe but that was not the caseto start with... IMHO

simon 10-10-2009 09:29

Re: Quote from Lazarus
 
Quote:

Originally Posted by Doug (Post 752110)


That said, I would like to have seen Mr. Khan keep to his offer to match the directors input and then work with them to find further financial backers like Mr. Marsden to negotiate a long term solution, that would have been Job Done in respect of the Tax issue and would have allowed a clear run at long term survival. What we have now is division, doubt and despair.

Problem with matching the money other directors put in is,

1 We still have NO idea of the real trouble the club MAY be in ?
2 Any hope or choice of the direction and way the club moves on from now...
3 We only pay the taxman(fantastic that looks right now) BUT we need to KNOW this problem is sorted from the bottom up.

yonmon 10-10-2009 09:33

Re: Quote from Lazarus
 
]

Don’t get me wrong; I like those people in the ASSF who are known to me, I know they have the best interest of the club at heart and would not want to do anything to hurt the club…but where is there long term plan, lets get it published on here that why we might have a clearer idea.[/QUOTE]

And so the wheel revolves Doug !..and we return to my original premise, which was not one relating to the ASFC/ASSF/Ilyas Khan scenario....but attempted to say in a somewhat cynical way, that there is , when it comes to Google Page Ranking..Community Relations...and PUBLISHING a lot left to be desired as far as those who are charged with this responsibility at Accrington Stanley FC !.

The hidden innuendos and double speak leave me bewildered at times...that's if I can actually derive a true concept of what is being written or reported in the first place!..but that's just me !!...and I would always support your impassioned pleas for a total 'openness' on the part of ALL Concerned!!..
Although, as I'm sure you will agree, time is running too fast and too short for much more talking...and only definate and defining action will suffice where the EMERGENCY is concerned !!..

Allow me my little indulgency.....

"I assure you that I will not let Accrington Stanley fold again.".

'LEST WE FORGET 'l

Revived Red 10-10-2009 09:47

Re: Quote from Lazarus
 
Quote:

Originally Posted by Doug (Post 752110)

their collective inexperience and the soul financier would be via Mr. Khan.

I was under the impression that the ASSF would be a focal point for fundraising. Money such as that raised for the seeming black hole of the SOS Fund would have gone to the ASSF - and would, I suspect, have been much more clearly accounted for. So Ilyas Khan would certainly not have been the sole financier (although maybe the "soul" of the organisation!)

As an aside, can I ask who is in actually charge of the SOS Fund and what is the experience of that person?

As for collective inexperience, one has only to look at the current regime!! A good chairman is a good chairman - in any company. Good chairmen have skills that can be applied in any walk of life. The same applies to good managers. It matters not if they are in hospitals, schools, or even banks.

Doug 10-10-2009 09:51

Re: Quote from Lazarus
 
Quote:

Allow me my little indulgency.....
Sir; you may have your little indulgency and play with it all you like….:);)

I agree that time is all but run out and there is doubt in my eye’s in both parties solutions; so again I would ask the pride be put aside and either party get in touch with the other and work out a consensus to take us forward.

Simon; if I’m not mistaken someone from the club had posted of here a week or two back that new Directors with investment to put into the club were welcome; if this is the case and it was me and I had the means I would have matched the figure required to pay the tax man and worked from the inside to move matter forward; being a major investor would have opened doors on the inside would it not….:)

simon 10-10-2009 10:18

Re: Quote from Lazarus
 
Quote:

Originally Posted by Doug (Post 752121)

1 Simon; if I’m not mistaken someone from the club had posted of here a week or two back that new Directors with investment to put into the club were welcome; if this is the case and it was me and I had the means I would have matched the figure required to pay the tax man and worked from the inside to move matter forward;

2 being a major investor would have opened doors on the inside would it not….:)

DOUG.......
point 1.... you are telling me that someone from the club has posted on here that, someone willing to invest in the club will be appointed a director ?? Could you draw my attention to such an offer ?

point 2.... investor or director does not give you any say in the way a company is run WHILE someone has 51% shareholding, his(51%) word is final and king....

Revived Red 10-10-2009 10:27

Re: Quote from Lazarus
 
Quote:

Originally Posted by Doug (Post 752103)
I like those people in the ASSF who are known to me, I know they have the best interest of the club at heart and would not want to do anything to hurt the club…

This, of course, being in direct contrast to some of the present directors who have a stated wish to see the club close down in certain circumstances.

Quote:

Originally Posted by Doug (Post 752103)
but where is there long term plan, lets get it published on here that why we might have a clearer idea.

And where is the long term plan of the current incumbents? Or medium term plan? Or even short term plan? The evidence is that they lurch from day to day in the hope that there may be someone out there with £200,000 to give away, and being "quite hopeful". Individuals within the ASSF have been awash with ideas for fundraising and generating revenue long before it came into being, and look at what they have achieved for the SOS Fund in recent weeks. Compare that to the inertia at the Crown Ground.

Haggis316 10-10-2009 10:58

Re: Quote from Lazarus
 
Quote:

Originally Posted by simon (Post 752133)
point 2.... investor or director does not give you any say in the way a company is run WHILE someone has 51% shareholding, his(51%) word is final and king....

No. If any shareholder or creditor disagrees with any shareholder's position that position could possibly be subject to legal review in the English civil courts who apply the principles of company or (as applicable) insolvency law to the situation and may rule against the majority shareholder.

Of course in the absence of such a challenge you are right.

simon 10-10-2009 11:10

Re: Quote from Lazarus
 
Quote:

Originally Posted by Haggis316 (Post 752148)
No. If any shareholder or creditor disagrees with any shareholder's position that position could possibly be subject to legal review in the English civil courts who apply the principles of company or (as applicable) insolvency law to the situation and may rule against the majority shareholder.

Of course in the absence of such a challenge you are right.

Thanks for the insight Haggis, But if this is a civil matter and subject to quite high costs and possibilty of failure of such a challange, could this be a rarely successful challenge ?

And once you have challenged a fellow director in court I bet relations would never be same again.

Doug 10-10-2009 12:29

Re: Quote from Lazarus
 
Quote:

point 1.... you are telling me that someone from the club has posted on here that, someone willing to invest in the club will be appointed a director ?? Could you draw my attention to such an offer ?
Defiantly read it somewhere on here Simon; is it not customary for someone making a major investment into a business to become a Director

Quote:

point 2.... investor or director does not give you any say in the way a company is run WHILE someone has 51% shareholding, his(51%) word is final and king
But that does not appear to have deterred the two Directors opposing Mr. Khan’s offer via the ASSF at the Directors meeting held at chesterfield.

Simon I understand that and I not trying to belittle the ASSF are be a clever T***; but an individaul with a 17% holding plus a directorship via a substantial investment who might have had the backing of Mr. Marsden’s 10% holding plus others could have put up a bloody good fight. All I’m trying to say is there other ways this could have been done; if Mr. Khan is true to is word and does totally withdraw support from the ASSF and his offers to the club then its all been for nothing.

Doug 10-10-2009 12:34

Re: Quote from Lazarus
 
Quote:

Originally Posted by Revived Red (Post 752137)
This, of course, being in direct contrast to some of the present directors who have a stated wish to see the club close down in certain circumstances.

And where is the long term plan of the current incumbents? Or medium term plan? Or even short term plan? The evidence is that they lurch from day to day in the hope that there may be someone out there with £200,000 to give away, and being "quite hopeful". Individuals within the ASSF have been awash with ideas for fundraising and generating revenue long before it came into being, and look at what they have achieved for the SOS Fund in recent weeks. Compare that to the inertia at the Crown Ground.

I don't whole heartedly disagree; but there are two sides to a coin and we aren’t seeing a great deal of clarity from either side.

simon 10-10-2009 12:53

Re: Quote from Lazarus
 
Quote:

Originally Posted by Doug (Post 752164)
but an individaul with a 17% holding plus a directorship via a substantial investment who might have had the backing of Mr. Marsden’s 10% holding plus others could have put up a bloody good fight..

They have the arena to voice there opinions but the 51% has the final say.

Just like we can say what we want on here...... But we aint got No power to implament ?????

Mr O'Neil was not at the meeting at Chesterfield. So we must presume he agreed with the voice to reject a share issue, because he has not changed the current standing which his vote would.

Doug 10-10-2009 12:57

Re: Quote from Lazarus
 
Quote:

=simon;752133]DOUG.......
point 1.... you are telling me that someone from the club has posted on here that, someone willing to invest in the club will be appointed a director ?? Could you draw my attention to such an offer ?
This is what I saw; maybe I read this wrong but I have taken it to mean that if you have the cash you can be a member of the board.

Quote:

=Mr T;746574]"To my knowledge the directors including the DON have already put in in excess of £200K." (posted on this thread some time ago)

My opinion again, what more can the board do??

The directors aren't mega rich folk, they are supporters just like all of you

We're always looking for new members, but unfortunatley so are every other Football Club!!

If you've any ideas please let the Club know!!

Doug 10-10-2009 12:59

Re: Quote from Lazarus
 
Quote:

Originally Posted by simon (Post 752166)
They have the arena to voice there opinions but the 51% has the final say.

Just like we can say what we want on here...... But we aint got No power to implament ?????

Mr O'Neil was not at the meeting at Chesterfield. So we must presume he agreed with the voice to reject a share issue, because he has not changed the current standing which his vote would.

I accept that....

simon 10-10-2009 13:15

Re: Quote from Lazarus
 
Ok Doug, but that is a very wishy washy quote really. (who is Mr t ?)

I would have thought that if the club were serious about investment they would have made a far more definative request on a better media than this forum ??? ASFC website for starters..

simon 10-10-2009 13:17

Re: Quote from Lazarus
 
Anyway.... from this moment on I am 100% positive I have a game to watch and a team to support

COME ON STANLEY................

Doug 10-10-2009 13:19

Re: Quote from Lazarus
 
Quote:

Originally Posted by simon (Post 752176)
Anyway.... from this moment on I am 100% positive I have a game to watch and a team to support

COME ON STANLEY................


Lucky * *; have a good game Simon. :)

On Stanley On......

maccawozzagod 10-10-2009 18:36

Re: Quote from Lazarus
 
Quote:

Originally Posted by Doug (Post 752165)
and we aren’t seeing a great deal of clarity from either side.


I dont see how ASSF could be clearer. :confused:

Issue new share capital and we'll clear the debts


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