Official club statement
 

What happened to the statement re. the Don's situation promised for the end of the week (last week). Have I missed something, or is it the usual guff?

Re: Official club statement
 

Yep i was told an official statement would be made by end of last week :rolleyes:

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Bank Holiday could be a good excuse, but they don't usually even give them.:rolleyes:

Re: Official club statement
 

next week perhaps??

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I thought Ilyas was going to make a Statement about the board meeting a week following the Newcastle Game; David O'Neil also said he would be making a Statement regarding his Not resigning by the end of the week (last).

I expect the issues surrounding the end of the Newcastle Game and a busy fixture list over the last week have delayed things a little as well as Mr. O'Neil's non- resignation for the Club.

I would hope for the sake of all surrounding Accrington Stanley that these issues are put to bed permanently, it's a good team this year and if these lads are average in coley's eyes; how good are they going to be mid season. It all needs to stop now, resolve the ownership situation and then maybe people will start to invest in our future League One/Championship Team.

On, Stanley On!

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Doug, Ilyas made His statement in public and I dont recall Him saying that there was a further statement to come.........As for DoN, well lets be honest its par for the course, infact I had to stop myself from laughing when He said He would make a statement at the end of the week.........as He didnt say which week!!!

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Just out of interest, EW was at Oxford on Saturday, went on the team coach I believe, as a guest of Bill Holden

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Terrific! :confused:

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Hi Pete, no disrespect to Ilyas or yourself but I wasn’t in the pub to hear Ilyas, nor was I at the board meeting. Will all future momentous occasions for all things Accrington Stanley be announced at the Crown Public House too a narrow margin of the club’s supporters to be fed back to the rest of us; not really the way I envisaged the new era of openness and transparency. :)

I am not having a go at Ilyas, you or David O’Neil but not every Accrington Stanley supporter drinks in the crown or reads Accyweb, but every single Accrington Stanley supporter wherever they are in the world are a member of the Accrington Stanley Community. :)

These are big issues at the end of the day…..:)

Re: Official club statement
 

We know because you kept closing threads on the strength of it;):rolleyes:

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We need all contact with this guy removed before we can move forward, on the team coach, frequently spotted week days in the Crown Grounds offices, lording it on Saturday matchdays in the suite shows to me he still thinks he's the man or he could be doing it just to have a pop at Ilyas.;):rolleyes:

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Baggy, rumor has it that part of the deal he struck with DoN was that he could use the presidents lounge for 5 yrs. I reiterate that's the rumor. However I think you may be on to something with your last sentence!!

Re: Official club statement
 

Strong Leadership

Working together/ as individuals and as part of a Team

Clarity

Heads aglow with strong ideas

Implementation of strong ideas

Bringing strong Ideas to Fruition

Togetherness and all embracing for everyone

Probably detracted away from the thread but that's my wish list anyway:)

Re: Official club statement
 

Re: Official club statement
 

Maybe so, but I don't think that it was part of the deal that he is allowed to travel on the team coach and sit in the Directors' box at away games. He was at Tranmere last night. The opposition probably think he is still a Director when in fact he is only a shareholder. Are all shareholders allowed to travel on the team coach and sit in the away Directors' box ? I don't think so, so why should he ?

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Is it any wonder there is mistrust amongst folk of these people? this statement will NOT be released until there is no choice.IMHO.:(

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Aren't we still waiting for a statement regarding the internal investigation into the Scouse betting ring? :D:rolleyes::rolleyes:

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I must be his charm.

Re: Official club statement
 

To be fair to the cardboard millionaire, he probably isn't acting a if he owns the place, as far as he's concerned, he probably still does.

Which is why, I'm afraid, despite Ilyas' fine words and good intentions, the issue of EW's shareholding is crucial. As long as he's still involved in any way, the club won't be able to get the community and business support that is crucial for te grand plan to come to fruition.

Thanks for the good times, Eric, but you've long since outstayed your welcome.

Re: Official club statement
 

You've got it in one, simple Whalley = No future.:mad:

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Amen to that, Beds.
Stanley's only chance of business support is from a barge pole manufacturer so long as the cardboard millionaire remains.

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I don't know how he has the cheek to show his face at Stanley, after all, he was the one sitting around waiting for the winding up order and doing nothing, and now, when Stanley appear to be on a sound footing he wants a piece of the action again. He is the one who should have a BANNING ORDER against him and not the SU2.

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Yeh aint alone in those sentiments Jeff.:(

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It's probably because he doesn't have the cheek to show his face in Chester that we remain blessed with his presence.

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Maybe we should get Lord Saville to make the statement. Afterall, it only took him 12 years to produce the bloody sunday report, which is a hell of a lot quicker than 'owt we can expect from the current regime.

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I'd almost forgotten that. Damn near killed two clubs last season and still I suspect he'd pass a fit and proper person test. Perhaps it's a care in the community thing were doing - save him doing the hat-trick (although part of me would love MK Dons to be the third club to benefit from his "talents").

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The so called new broom that swept in nearly two weeks ago have missed a great opportunity to start as they mean to go on. You only get one chance to make a first impression and Rob and co. in my view have lost it with the way this has been handled this.

I'm afraid there's no wind of change blowing around the people it really needs to

Re: Official club statement
 

the wind of changed hasn't been allowed to happen though has it? or has it?

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Well if it has, its better n owt David Nixon ever produced.:rolleyes:

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omg who is this???

Do I have a clone?

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Confusing! One for the mods, methinks.

PS One's enough, innit? :D

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It must have been that bag of genetically modified crisps you had.

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Still Nowt.:(

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Of course he NOW wants a piece of the action. When the winding up order took place he owned 51% of nothing, now he owns 51% of a debt-free football league club. As majority share holder he can basically do what he wants and go where he pleases. In my opinion he still owns the club.

Or am I mistaken? :confused:

Re: Official club statement
 

The whole episode just drags on & on, why can't they all sit down round a table and sort it out behind closed doors on a one to one basis?

Either all work together or part the ways what is so difficult?

There surely has to be an amicable solution for everyone concerned?

Nobody is Bigger than the Club itself or shouldn't be

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Yeah, you are mistaken, Owd Bob - although you are correct in saying that he owned 51% of nowt a year or so ago. The club is still technically debt ridden but these days the debts are owed to IK, PM and the like - as well possibly to EW himself - and no longer to HMRC and various trade creditors.

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Thanks for clearing that up Tealeaf. So if his 51% shareholding is worth very little now, he must be so in love with the club that he just can't let go!!!! :rolleyes:

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This is something that as been bugging me, I read that IK & PM where donating the funds that they had committed therefore there can only be a debt of gratitude to them, not I fiscal one.

DON & EW are aledeged to have put their own funds in as loans; so if the club is owned by the debtors then these two are in the running; it also looks to me that this as been a clever blind to get IK & PM to put up the funds to bail the club out.

DON also stated that the club was almost free of debt; so it makes EW's 51% worth something.

Just thoughts T.

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Unlikely, Doug. If IK & PM had donated the money, it would have to go through the revenue accounts ( i.e. hit the P & L statements). That is highly unlikely because it would then leave them with no leverage whatsoever.

I suspect DON's statement was made after Ilyas said he would not be calling in his loans but in any case we all now know from hard experiance that we treat any statements (or non-statements) by DON with the contempt they deserve.

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Statement now on fishy site

Accrington Stanley

Re: Official club statement
 

No wiser then! Why can't they issue a detailed statement giving the situation as it now stands, never mind when all legal issues are resolved.
Deja vu.

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it dont actually say when legal issues are resolved? you call it deja vu, i call it one of them "Next Weeks":D:rolleyes:

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Has anyone ever met a solicitor/lawyer who can tell you when something will be done? For Stanley's fans patience is more a necessity than a virtue. Keep the faith, let's hope the soap-opera is reaching a conclusion.

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Exactly, we've waited over a fortnight for this statment & even when it's come it says nowt - don't know why they bothered :confused: - although maybe that's the reason none of them turned up last night, they were still drafting it :rolleyes:

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Surely they will have to sort out this share ownership issue sooner rather than later in particular DONs position with his share purchase from EW. I can't understand how the club can be restructered if the actual majority shareholder issue is up in the air.

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Who owns theses shares really doesn't matter any more!!! Legaly Eric is still the registered owner which is 51%.But in fact the owner of the club because of the det which was cleared is Ilyas him self and when their is this forth coming share issue of roughly 200k Eric/Davids 51% will be only around the 17% mark.so like i said who cares:)

Re: Official club statement
 

Soon, that will neither be true, or an issue ;) :)

Re: Official club statement
 

So was it a condition of Illyas's loan that if it wasn't repaid in time he could take over the club similar to RBS with Liverpool?

Given the loans took place when DON was on watch how does that effect EWs shareholding?

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What was said last night was that the club is still lossing money so any shares are worthless at the moment!! so what value would you put on worthless shares:rolleyes: me a big fat ZERO

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It is not loans, it is debts owed!!! Owed to a man that loves Stanley more than words can say!! He helped to save the club and will help to re-build the club. All debts will disappear, but the whole debt/equity/loans/shares thing, means nothing other than, we the FANs, will benifit and the club - that we all love so much - will survive and prosper!!!!!!

ON STANLEY ON

:) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :) :)

Re: Official club statement
 

I was a bit perplexed last evening when Ilyas said a £200,000 share issue had been sanctioned by the board why Eric had not blocked it, and what could be done to prevent him calling an EGM to overturn the decision.

Lo and behold that's what's happened.

For the majority shareholder to allow his shareholding to be diluted to such an extent that he loses his majority would be like Turkeys voting for Xmas.

To say who owns the shares doesn't matter is rubbish. Whoever owns the shares owns the company and is quite within their rights to shut it down. Whoever owns the debt can do likewise. What they can't do is force the owner to hand over a going concern. Try to do that and Ilyas runs the risk of having to force the company into administration if not liquidation. And then where's that leave his community club then?

Re: Official club statement
 

:eek: Thin Monkey are you saying that Eric is behind whats on the fishy site,and a share holders meeting has been called by him.

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I don’t really want to get in to this and the fact that the club talks of Legal Processes ongoing suggests that not everything is cut and dry for anyone.

I understood from the writings on here and in the press that the money Ilyas put in was with no strings, be it a gift, a bail out or a donation. At the end of the day this is no further on than it was last year.

There are a couple of things that bothers me:

If Ilyas just bought the club and put a trustee in place to run it and the give it to the community as a stable concern, the outcome would be the same, why do have to run the risk of splitting the fan base or worst; the club.

Why after all this time there is still no officially published action plan and time table by Ilyas’s camp. A constitution is not an action plan.

How is this going to work in the real world; having read the telegraph article online, I can’t see how realistic it would be to build a new stadium when the community can’t fill the existing one.

The share issue is all fine and dandy, but they have to sell. Now and the next few years are going to be the hardest that common supporters and local businesses will have faced in generations.

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If it is multi purpose then it becomes more viable. Just one example is the club's community team, ( who are constantly expanding the areas of the community they get involved with) , they currently beg steal or borrow facilites all over town at the moment.

Football stadiums are there 7 days a week, 365 and a quarter days a year, plenty of potential with the right facilties :)

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It's like an Agatha Christie novel, trying to figure out who has who tied up in knots :eek:

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[quote=lancsdave;845201]If it is multi purpose then it becomes more viable. Just one example is the club's community team, ( who are constantly expanding the areas of the community they get involved with) , they currently beg steal or borrow facilites all over town at the moment.

Football stadiums are there 7 days a week, 365 and a quarter days a year, plenty of potential with the right facilties :)[/quote


I know Dave, I understand how it works,:) but this is Accrington even if it becomes a centre of excellence for the community it will have one hell of upkeep, both in terms of day to day running and in long term legal and maintenance costs.

Is it affordable? Many community organisations have now’t to start with and will still in some cases want to beg, steal or borrow in order to afford to use it.:)

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There are 100'000 shares at the mo,, Ilyas stated that there would be an additional 200'000 shares - no talk of £££££'sss :confused: :) :)

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[quote=Doug;845205]They could always offer it's use a 5 day market, that way the current market traders can leave the imposed 6 day market and everyone's happy :D

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But this will surprise many....

It is the club’s full intention to issue a detailed press release outlining the situation in its entirety, as soon as all outstanding matters have been legally resolved...don't you think Mab ???.

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Just what I suspected all along. They had nothing to lose by letting the club die, but knew that Ilyas wouldn't let that happen. It stinks to high heaven.

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I hope someone's taking notes, the events over the past eighteen months would make for a cracking thriller. After Professor Coleman's theatrical critique earlier in the week perhaps John Le Carre will be appointed as the club's official author in residence.
Although in the right hands it could easily be a comedy.

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[quote=Exile on Spencer St;845402]I hope someone's taking notes, the events over the past eighteen months would make for a cracking thriller. After Professor Coleman's theatrical critique earlier in the week perhaps John Le Carre will be appointed as the club's official author in residence.
Although in the right hands it could easily be a comedy.

Or even a Bedroo.....Ooops !... I actually meant 'Boardroom' Farce ??

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Latest news from the Lancashire Evening Telegraph

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These latest utterings just serve to confirm what a lot of us have thought for a while - the man's a complete tool - simples!
At the last shareholders meeting in January, he (again) declared himself to be the majority shareholder & claimed he had the certificates to prove that was so & that he had paid money to EW for them.
At the same meeting, he as a director along with Ilyas, Peter Marsden & other shareholders who had been able to attend at short notice voted that a new share issue could be implemented at a future date.
Now he says that he's not sure the share issue can happen without the approval of other shareholders & in particular the majority shareholder - maybe he was just an apparition at that meeting back in January or maybe he's just told so many lies & back-tracked so many times that he can't remember what he's said, to who & at what time??
Face it O'Neil - your times up - sod off!

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Quote
"we are aiming to break even. With the money from the Newcastle game we should make a healthy profit."
"The club isn’t financially viable enough for Rob to do everything on his own."

Doh!?!?!?!?

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Well then will they please tell us were the newcastle money has been designated too?:rolleyes:

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Enough is enough, both EW and Don must go now and allow Ilyas to take this club forward.......................and for those of you who STILL doubt Ilays's commitment etc I say that his actions have spoken way more than the continual lies we have had to endure from O Neil, time to wake up and smell the coffee :(:(

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Quote:

"pay them £50,000 a year to do the job that I’m already doing"

Cool, 50 grand a year for sitting around doing sod all except letting everything go tits up and lying to people! I'm sure I could do that! Who do I need to send my CV to??

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After all this week's happenings around ASFC the question arises,

"Will Mr. Whalley and Mr. O'Neill guarantee to underpin the club's finances and provide the club with a new stadium free of charge?"

Ilyas Khan says he will.

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HOW much longer do we have to put up with these fools???

Im sick to death of the *******.

GET THEM OUT, AND NOW

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"well said that man"

And once they're gone, I'll send in my CV................"next week"!

See, I'm getting the hang of this already!!

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Hopefully his latest antics are losing him the few allies he has left and will serve to make his position ever more untenable and his departure more of a reality. Get ye gone, O'Neill!

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well i know which way i'd love him to go.:gooddog:

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And don't you think that this exhortation from the 'Fishy' proclamation was a tad patronising, if not a device to deflect everyone from equally important factors in the life of Accrington Stanley ?.


"The club asks all of our supporters to remain focussed on events on the field and continue to give the fabulous support to John Coleman and his team on what is our best start to date to a new season."

As if we wouldn't !!!..

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very patronising imho, support fer the lads is compulsory, its the ******* that get none.:rolleyes:

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I think that this battle for the club will end up depending on what written agreements exist for the repayment of debts to Ilyas and how this relates to conversion of this into equity. My main concern would be as to whether the increased shareholding would technically need the agreement of EW to issue new shares.

On another note the club is not self-sufficient and will not be for a number of years, so for DON to suggest otherwise smacks of arrogance and lack of business knowledge. Whilst it is admiral of Ilyas to want to include EW and DON in future agreements I think it is slightly naive to think that this would be workable alongside a fans ownership scheme. I think that the ownership issue is a monkey that we have needed off the back for sometime so if this ends up clearing up the mess then so be it. I just hope that it doesn't drag on and effect the players or manager. I think that if it is to become a fans owned club then action needs to be taken swiftly to prevent off the field actions becoming distractions.

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I would imagine that the technicality there would be whether EW actually was the majority shareholder and that O'Neil hadn't acted in good faith when HE AGREED to the equity thingie. But if it could be proved that sufficient notice had been given for ALL shareholders to attend the meeting then it wouldn't matter a pop whether he was there or not. If any credence given to Cashy's claim that he was on the premises at the time then T.S.B :tongueout
but to be honest it's not worth debating from our point of view, because what will be will be and the ball is rolling.

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Macca: Would you know what the accounts show as money that it is owing to Ilyas?

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ain't got a clue sorry. Probably about 50p

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On Tuesday night, Ilyas did say to somebody - in a replyish to a question - that if they were to think of a number, double it, then they might be somewhere near the amount, but it did not matter, as he would never be asking for the money back!!!!

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Whilst researching some Limericks, I came across the following....


"A smiling young Man from Niger,
Once went for a ride on a tiger.
They returned from the ride,
With the young Man inside,
And a smile on the face of the tiger.".


Further research revealed the Traditional story upon which this Limerick is based, a paragraph of which reads ........


"......and each day as the Tiger slept in the heat of the noonday sun, two stupid boys from the nearby village would
creep up on him and tweak his tail until he stirred in his slumbers, then they would run away laughing at their daring exploits. But one day, as they were pulling on his tail, the Tiger became wide awake and, with one snap of his mighty jaws, he swallowed them both alive !...later as he chewed on the remnants of their bodies....there was a smile on the face of the Tiger !...


Which started me a-thinking !!.

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think that find may be very appropriate, certainly hope so.;)

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Agree with BDC

Iylas needs to get rid of Oneill and Whalley once and for all from the club, in any capacity.

With them hanging around we will never move on.

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“Why go away from something that is working and do something that has failed at other clubs?
“If it is right for the club, I will consider stepping down. But I need to see it in black and white.”


Can you believe this has come out of the mouth of a man that went to court with nothing to save ASFC........ About a man that turned up to save ASFC ??

BE GONE YOU FOOL...

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It is now over two weeks that a statement was placed on the club website that it was their intention to call an AGM in October. Given that under company law, 21 days notification has to be made prior to that AGM and given that many signed up to the share package a year ago, has anyone yet received formal word of an AGM?

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No.

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OK...here's something else to ponder over:

Companies Act 2006

How many of you think O'Neil is fulfilling this part of his directors duties?

especially 172(1)d

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its £82 million on the euromillions tomorrow nite ..

Home | The National Lottery - home of Lotto, EuroMillions and Instant Wins

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So if any one wins enough they buy the club and put all info that has avoided the shreader to the fans then I take it.

There is something going on and you can bet your last breath it aint good. I dont think it is a case of no news is good news here.

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Re: Official club statement
 

It's also over two weeks since Ilyas said, at the public meeting, he'd post his draft constitution for the community trust on this forum in about a week.

Is that an O'Neil week?

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would that be official?:D

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That's the norm for any articles of association and the repective directors and shareholders roles....I'm just trying to follow up from the posting on the club website a couple of weeks ago.

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I appreciate that Tealeaf but part of the club statement read:

"The club has been instructed by its shareholders to call an AGM as early as possible in October and will announce this to all shareholders once the date is set."

So which 95% of shareholders have instructed ASFC Ltd. - not the club?

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Well Ilyas has spoken to the observer

Plans for a community club ongoing - Accrington Observer

interesting :rolleyes:

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No change then.....;:rolleyes:

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the Newspaper article states that Mr Khan paid off the majority of the £306K Tax Bill.
Did he?, I thought he made up the short fall, after we:
Put our hands into our pockets( I know wrote out a cheque as did others) or did bucket collections and so on.
How much did he actually put in?
My money was given without stipulations.

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From memory the SOS appeal reached about 95K. Assuming Ilyas & Peter Marsden paid the rest that sounds like the majority to me. Unless of course he only put a fiver in and the rest was made up by the then owners :rolleyes:

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In particular....."There is a deadline though and, while I wish to follow due process, I will not hesitate to protect my interests and the club’s interests by recourse to the clear laws that govern such situations."

and he will !!