View Full Version : Things looking bad for Wednesday
SYorksDeano 07-09-2010, 08:53 http://www.yorkshirepost.co.uk/news/Exclusive-Debtridden-Owls-seek-lifeline.6516214.jp
Gone begging to the bank.... certainly won't do Sheffield's and England's bid for the World Cup any favours
mj.scuba 07-09-2010, 08:55 Duh, I thought something bad was going to be happening tomorrow.
BigTeeOwls 07-09-2010, 09:08 The trolls have crawled from the rock!
alex3659 07-09-2010, 09:16 The trolls have crawled from the rock!
Yeh lets have a really serious thread about hot dogs.:rolleyes:.
This subject is reported in at least two newspapers so how can it be trolling.
You have also started a thread on the same subject yourself so was that trolling?.
2tjohnston 07-09-2010, 09:26 Its just been on radio sheffield now that they could go bust tomorrow
alex3659 07-09-2010, 09:29 Its just been on radio sheffield now that they could go bust tomorrow
I think the best thing to do is just wait and see mate, if reporting in this city is anything to go by they will probably have a £50m investment instead::rolleyes:..
PARK REG 07-09-2010, 09:32 http://www.yorkshirepost.co.uk/news/Exclusive-Debtridden-Owls-seek-lifeline.6516214.jp
Gone begging to the bank.... certainly won't do Sheffield's and England's bid for the World Cup any favours
PUT SOME PICS OF TUCKER UP(off his phone) INSTEAD OF SPREADING BAD NEWS
Radio Sheffield not said anything about them going Bust im pretty sure they will still be here on Thursday!
They are reporting though that they could go in to Administration if the bank dont lend them 1.1m.
Grandad.Malky 07-09-2010, 09:54 :|:|:|:|
I am saying nothing ..................
http://www.youtube.com/watch?v=zCfyOXJf3ZM&feature=related
Cyclecar 07-09-2010, 10:19 From the newspaper item............."But the club does not have enough revenue to meet its outgoings and has quickly found itself owing a further £300,000 in PAYE – roughly equivalent to one month's liability............."
Only a ghoul can be happy at the present state of affairs (and I guess that there are some ghouls posting....), but this is commercial reality. Fish Shop, Fun Fair, Football Club, same rules apply.
Come on Hillsborough, pull through.
BLADES-EELA 07-09-2010, 10:37 If they dont pay up £1.1m
http://news.bbc.co.uk/sport1/hi/football/teams/s/sheff_wed/8976096.stm
BLADES-EELA 07-09-2010, 10:40 Didn't see other thread
bladesufc1 07-09-2010, 10:42 itt wont happen. However i.ve been saying for a few seasons that this is possibly the best way for them to carry on
Grandad.Malky 07-09-2010, 10:42 Good job they’ve got a few points in the bag isn’t it.
BLADES-EELA 07-09-2010, 10:45 They wont have tommorw lol
Blue Day 07-09-2010, 10:47 itt wont happen. However i.ve been saying for a few seasons that this is possibly the best way for them to carry on
You know what really ****es me off?? Having gone through the last 10 years of turmoil with 3 relegations and constantly struggling with this debt round our necks - then JUST as there seems to be some light i.e. a bloody good squad of players getting some results for once and it seems it could all be for nothing.
We should have gone the admin route bloody years ago.
Im pretty confident we wont go in to administration, but i think we should have a good few years ago.
The Manager 07-09-2010, 11:09 You know what really ****es me off?? Having gone through the last 10 years of turmoil with 3 relegations and constantly struggling with this debt round our necks - then JUST as there seems to be some light i.e. a bloody good squad of players getting some results for once and it seems it could all be for nothing.
We should have gone the admin route bloody years ago.
Agree with you . Not that much shocks us owls fans these days !!
It appears more desparate this time as the CO-OP bank have pulled the plug,
Blue Day 07-09-2010, 11:26 It appears more desparate this time as the CO-OP bank have pulled the plug,
Well discussions are ongoing.... but it doesn't look good.
sheffgrow 07-09-2010, 11:37 http://www.yorkshirepost.co.uk/news/Exclusive-Debtridden-Owls-seek-lifeline.6516214.jp
Gone begging to the bank....
hahahahahahahahahahahahahahahahaha:hihi::hihi::hih i::hihi::hihi::hihi::hihi::hihi:
BigTeeOwls 07-09-2010, 11:42 It appears more desparate this time as the CO-OP bank have pulled the plug,
The Co-op have been in talks with the board members every day since last Monday, the Co-op are saying they will not fund the 1.1m tax bill and to wait and see what the court rules tomorrow.
The Co-op was the ones who suggested playing hard ball with the HMRC in the first place and now they still display this stance.
I reckon the bank is gambling on one of these so called interested parties putting the money up.
The co-op have been more patient with the club, all the spin and rumours of takeovers, the "pull out" of the bank, up to now a loyal if unprofessional backer to the club, would suggest no takeover or investment is expected in the near future.
The open statement of the board telling the nation the bank told them to delay payment to the taxman, despite severe arrangements on delayed payments already in force, could not have helped relations.
The club informed the courts of a close takeover and the court a delayed hearing.
Well cant use that old chesnut this again !!
You know what really ****es me off?? Having gone through the last 10 years of turmoil with 3 relegations and constantly struggling with this debt round our necks - then JUST as there seems to be some light i.e. a bloody good squad of players getting some results for once and it seems it could all be for nothing.
We should have gone the admin route bloody years ago.
A good squad in a lower division, a rebuild will be needed if promotion was to be gained..
Unfortunatly, most clubs bank on gate money for their income, no matter how good the S6 gates are, the overheads are massive.
In the coming years the fall in gate money, less season ticket holders, more offers and a possible reduction in prices. many clubs like the Owls(and many others) will suffer as they are "one trick ponys"
The blades have a head start on many clubs and in the coming years the outside investments and interests will pay dividends big time.
The World cup links offered a life line to the Owls, but even the bank have seen past that one th situation is that serious. How could the Owls tell the F.A they were a viable, solvent option with backing and grants to take on that commitment? the club has been run by muppets for decades.
And now its time to pay.
miaowwoof 07-09-2010, 12:42 Rotherham pulled through, if it happens to owls, im sure they will too. Administration seems to be part of the course with being a supporter these days, its just another hurdle to overcome. Hope it never happens to us!
Rotherham are in division 4 club, renting a ground and playing in front of 3000 fans. !! thats no role model. For A massive club!!
Luton..now non league also hardly a role model. Leeds 5 years in the wilderness !!
Jazzybmzoo 07-09-2010, 12:51 A good squad in a lower division, a rebuild will be needed if promotion was to be gained..
Unfortunatly, most clubs bank on gate money for their income, no matter how good the S6 gates are, the overheads are massive.
In the coming years the fall in gate money, less season ticket holders, more offers and a possible reduction in prices. many clubs like the Owls(and many others) will suffer as they are "one trick ponys"
The blades have a head start on many clubs and in the coming years the outside investments and interests will pay dividends big time.
The World cup links offered a life line to the Owls, but even the bank have seen past that one th situation is that serious. How could the Owls tell the F.A they were a viable, solvent option with backing and grants to take on that commitment? the club has been run by muppets for decades.
And now its time to pay.
Oooooo! Dramatic.
What exactly has been said here? What conclusions have been drawn as yet? It's all hearsay; your raison d'etre, LB. The court hearing isn't until tomorrow.
Let's all not wet our knickers in excitment just yet my little piggy friend. Who knows, something may happen down at United for you to shout about - FANCY THAT?!
There may be some positives to come out of all this yet...
And at the end of the day, even when the taxman's finished raping us, i'm still Wednesday and always will be! UP THE OWLS! :love: :love: :love:
A good squad in a lower division, a rebuild will be needed if promotion was to be gained..
Unfortunatly, most clubs bank on gate money for their income, no matter how good the S6 gates are, the overheads are massive.
In the coming years the fall in gate money, less season ticket holders, more offers and a possible reduction in prices. many clubs like the Owls(and many others) will suffer as they are "one trick ponys"
The blades have a head start on many clubs and in the coming years the outside investments and interests will pay dividends big time.
The World cup links offered a life line to the Owls, but even the bank have seen past that one th situation is that serious. How could the Owls tell the F.A they were a viable, solvent option with backing and grants to take on that commitment? the club has been run by muppets for decades.
And now its time to pay.
I have to disagree about the squad it is plain to see that with the signings that have been made we have a squad good enough now to finish mid table in the Championship, if only we had the squad last year!
As for the blades having a head start this will only last a certain amount of time if McCabe pulls the plug then there is big trouble he has already stated he wont put anymore money in and with the crowds being down on last year i dont think things look rosey there.
I still believe the bank would be crazy not to give Wednesday the additional funds as if the club do go in to admin the bank will lose millions. If they dont back them that will state investment is a million miles away which i dont believe it is.
Oooooo! Dramatic.
What exactly has been said here? What conclusions have been drawn as yet? It's all hearsay; your raison d'etre, LB. The court hearing isn't until tomorrow.
Let's all not wet our knickers in excitment just yet my little piggy friend. Who knows, something may happen down at United for you to shout about - FANCY THAT?!
There may be some positives to come out of all this yet...
And at the end of the day, even when the taxman's finished raping us, i'm still Wednesday and always will be! UP THE OWLS! :love: :love: :love:
Now you are being silly something exciting happen down at the lane :hihi:
Jazzybmzoo 07-09-2010, 13:05 I have to disagree about the squad it is plain to see that with the signings that have been made we have a squad good enough now to finish mid table in the Championship, if only we had the squad last year!
As for the blades having a head start this will only last a certain amount of time if McCabe pulls the plug then there is big trouble he has already stated he wont put anymore money in and with the crowds being down on last year i dont think things look rosey there.
I still believe the bank would be crazy not to give Wednesday the additional funds as if the club do go in to admin the bank will lose millions. If they dont back them that will state investment is a million miles away which i dont believe it is.
True dat. Good post.
things looking bad for wednesday-its a right shame isnt it- not
HeadingNorth 07-09-2010, 13:14 I still believe the bank would be crazy not to give Wednesday the additional funds as if the club do go in to admin the bank will lose millions.
At this point, it looks like the alternative is to back them, keep the club afloat for a while longer and then lose even more millions when administration takes place further down the line. If that is the alternative, better to pull the plug now; there's no sense throwing good money after bad.
Grandad.Malky 07-09-2010, 13:16 If they dont back them that will state investment is a million miles away which i dont believe it is.
Don’t fool yourself the investors will be hovering like vultures if the chance of a bargain looks on the cards, it’ll be like a repossessed house going to an auction, someone will make a killing.
BigTeeOwls 07-09-2010, 13:27 Rotherham are in division 4 club, renting a ground and playing in front of 3000 fans. !! thats no role model. For A massive club!!
Luton..now non league also hardly a role model. Leeds 5 years in the wilderness !!
Charlton 1984
Middlesbrough 1986
Tranmere 1987
Newport County 1989
Walsall 1990
Northampton 1992
Kettering 1992
Aldershot 1992
Maidstone 1992
Hartlepool 1994
Barnet 1994
Exeter 1994, 2003
Gillingham 1995
Doncaster 1997
Millwall 1997
Bournemouth 1997, 2008
Darlington 1997, 2009
Chester 1998, 2009
Hereford 1998
Portsmouth 1999, 2010
Crystal Palace 1999, 2010
Oxford Utd 1999
Barrow 1999
Swindon 2000, 2002
Scarborough 2000
Hull 2001
QPR 2001
Chesterfield 2001
Leicester 2002
Barnsley 2002
Carlisle 2002
Notts County 2002
Bury 2002
Bradford 2002
Port Vale 2002
Lincoln City 2002
Swansea City 2002
York 2002
Halifax Town 2002, 2008
Derby 2003
Ipswich 2003
Huddersfield 2003
Oldham 2003
MK Dons 2003
Wimbledon 2003
Wrexham 2004
Cambridge 2005
Crawley Town 2006
Rotherham 2006, 2008
Leeds United 2007
Boston United 2007
Southampton 2008
Luton 2008
Stockport 2009
Salisbury 2009
More than i thought tbh
i will put in an offer to buy the club
50p and a mars bar-final offer
Grandad.Malky 07-09-2010, 13:33 50p and a mars bar-final offer
Is that a normal Mars bar or one of those humongous ones?
Grappler 07-09-2010, 13:33 I have to disagree about the squad it is plain to see that with the signings that have been made we have a squad good enough now to finish mid table in the Championship, if only we had the squad last year!
As for the blades having a head start this will only last a certain amount of time if McCabe pulls the plug then there is big trouble he has already stated he wont put anymore money in and with the crowds being down on last year i dont think things look rosey there.
I still believe the bank would be crazy not to give Wednesday the additional funds as if the club do go in to admin the bank will lose millions. If they dont back them that will state investment is a million miles away which i dont believe it is.
The thing is, we are all just guessing aren't we? Let's wait a few days and see what really happens. Two things stick out in my mind that seem a little odd; First, the tax man agreed a repayment plan with SWFC, which the taxman obviously found to be reasonable, so why the change (unless I have missed something obvious, in which case I apologise), and second, while having a pint with my nephew last week (a lifelong SWFC supporter) he said something which I had not thought of before when he said something like "...I can't believe we have pulled this sort of team together on less wages than last year, if the wage bill is lower of course.." which set me thinking, are SWFC actually paying out more than they can afford, in the hope that the investment comes in, or the bank bankroll them, or the taxman is lenient?
Stranger things have happened.
Anyway, I know enough SWFC fans who will be gutted by this news, good working class lads who spend money at the turnstiles week in and week out and deserve better treatment, as do most of the (sensible) posters on here.
BigTeeOwls 07-09-2010, 13:34 i will put in an offer to buy the club
50p and a mars bar-final offer
Offer declined, now start scratching about of a few more pence and throw in a couple of bags of M&M's and you have a deal
Well that's it, int it? The day they start posting stuff about their own club, on their own threads, then perhaps they may collectively acheive something. As it stands, their covetous, little piggy eyes and inferiority complexes about their bigger neighbour blinds all. Despite us being in the state we are in now!
...god that felt good, writing that. :hihi:
Now come back to the real world ! 3rd tier footy, insolvent and a club run by muppets.
Heaven
Offer declined, now start scratching about of a few more pence and throw in a couple of bags of M&M's and you have a deal
oh alright then, very final offer 75pence, one mars bar and three packs of M&Ms
Little_Ron 07-09-2010, 13:39 The rumour mill has started again, Wednesday about to go into Administration.
What would this mean for the 2018 bid. Would it switch to Bramall Lane? What would this mean for Sheffield as a city, personally if we can get World Cup matches here that would be a great thing.
Surely someone can bail them out.
BigTeeOwls 07-09-2010, 13:41 Now come back to the real world ! 3rd tier footy, insolvent and a club run by muppets.
Heaven
Well that's what the Wednesdayites was saying to you lot our 4th division rivals 28 years ago, and look at you now, 1 win in 4 games in the championship.
We can only dream of that return from our team cant we? :loopy:
crookesey 07-09-2010, 13:45 Just been thinking, prior to posting, certain blades would do well to do similar. What taxes are the club obliged to pay? I'll answer this for you, National Insurance and VAT, if the club is going bust it can't be making a trading profit, therefore no other form of profit based taxation can apply. However it is required to pay salary deducted income tax to HMRC.
HMRC are currently on a very sticky wicket, what with them just discovering that their state of the art computer is not fit for purpose, infact if they were a business they would have gone bust years ago. SWFC are likely to be very low on their arse kicking list this week.
I will do what I normally do when news of our imminent demise starts to excite some of our red and white friends, that is nothing, I will wait for an announcement from someone a little more important than a billy blunt.
get the wednesday rag (sheffield star) to have a save our pigs collection like they did in the 70s
I have to disagree about the squad it is plain to see that with the signings that have been made we have a squad good enough now to finish mid table in the Championship, if only we had the squad last year!
As for the blades having a head start this will only last a certain amount of time if McCabe pulls the plug then there is big trouble he has already stated he wont put anymore money in and with the crowds being down on last year i dont think things look rosey there.
I still believe the bank would be crazy not to give Wednesday the additional funds as if the club do go in to admin the bank will lose millions. If they dont back them that will state investment is a million miles away which i dont believe it is.
A reasonable post, but even the most loyal blue tinted poster would doubt that Mc Cabe would leave United in mess st !
He would sell to a suitable buyer, or walk away leaving money in the club. Not only that the club would certainly be left in a far healthier position than he found it.
New assets, a superb academy and additional club self sufficient fundings.
The envy of many clubs, if only we could reflect this on the pitch eh ;)
Well that's what the Wednesdayites was saying to you lot our 4th division rivals 28 years ago, and look at you now, 1 win in 4 games in the championship.
We can only dream of that return from our team cant we? :loopy:
Shall i go back to 1925 ? of course not 1991 the sheffield double ? of course not ? WE ARE WHERE WE ARE !
And your in court!
Jazzybmzoo 07-09-2010, 14:02 Just been thinking, prior to posting, certain blades would do well to do similar. What taxes are the club obliged to pay? I'll answer this for you, National Insurance and VAT, if the club is going bust it can't be making a trading profit, therefore no other form of profit based taxation can apply. However it is required to pay salary deducted income tax to HMRC.
HMRC are currently on a very sticky wicket, what with them just discovering that their state of the art computer is not fit for purpose, infact if they were a business they would have gone bust years ago. SWFC are likely to be very low on their arse kicking list this week.
I will do what I normally do when news of our imminent demise starts to excite some of our red and white friends, that is nothing, I will wait for an announcement from someone a little more important than a billy blunt.
Post of the day.
Grappler 07-09-2010, 14:10 The rumour mill has started again, Wednesday about to go into Administration.
What would this mean for the 2018 bid. Would it switch to Bramall Lane? What would this mean for Sheffield as a city, personally if we can get World Cup matches here that would be a great thing.
Surely someone can bail them out.
My gut feeling has always been that it will go to Leeds anyway.
sheffsand 07-09-2010, 14:39 my sister works at SWFC, she may not have a job tomorrow - i dont think that is funny!!!
The thing is, we are all just guessing aren't we? Let's wait a few days and see what really happens. Two things stick out in my mind that seem a little odd; First, the tax man agreed a repayment plan with SWFC, which the taxman obviously found to be reasonable, so why the change (unless I have missed something obvious, in which case I apologise), and second, while having a pint with my nephew last week (a lifelong SWFC supporter) he said something which I had not thought of before when he said something like "...I can't believe we have pulled this sort of team together on less wages than last year, if the wage bill is lower of course.." which set me thinking, are SWFC actually paying out more than they can afford, in the hope that the investment comes in, or the bank bankroll them, or the taxman is lenient?
Stranger things have happened.
Anyway, I know enough SWFC fans who will be gutted by this news, good working class lads who spend money at the turnstiles week in and week out and deserve better treatment, as do most of the (sensible) posters on here.
I know what your saying about this but i very much doubt the players will be on higher wages - we have freed up in the region of 40k+ i would etismate that the new players are earning around 25k tops.
A reasonable post, but even the most loyal blue tinted poster would doubt that Mc Cabe would leave United in mess st !
He would sell to a suitable buyer, or walk away leaving money in the club. Not only that the club would certainly be left in a far healthier position than he found it.
New assets, a superb academy and additional club self sufficient fundings.
The envy of many clubs, if only we could reflect this on the pitch eh ;)
Very true i would love Wednesdays academy to be like the one at the United and i know a hell of alot of time has gone in to establishing this. Im 100% certain if Wednesday had an academy producing quality players like the one at Shirecliffe we wouldn't find oursleves in the financial state that we are in. Unfortunatley the man who has established the academy is no longer at United lets hope it continues doing what it has been doing for the good of the English game.
I doubt McCabe would walk away and lose money true because he is a business man and unfortunatly we dont have any of them on the Wednesday board.
CorkerSWFC 07-09-2010, 14:54 Im not even getting into this any more we knew it was coming sooner or later ive been saying it for a few months now, ok my timing might have been out but some people have been right in what they have told me.
Whatever happens happens, as the saying goes im Wednesday till i die !!!
Grappler 07-09-2010, 15:01 I know what your saying about this but i very much doubt the players will be on higher wages - we have freed up in the region of 40k+ i would etismate that the new players are earning around 25k tops.
You could be right Reidy mate, I don't see the wage bill obviously, so can't argue one way or the other, I just thought it was an interesting comment and wondered if there was anything behind it.
You could be right Reidy mate, I don't see the wage bill obviously, so can't argue one way or the other, I just thought it was an interesting comment and wondered if there was anything behind it.
I know what you mean but when we released Jeffers (10k) Gray (9k told he was 2nd top earner at club) Simek (6k he signed a new contract when Everton were interested) Clarke 5k (signed for a fee will be on decent money), Grant (5k or 6k), Esejas (4k/5k), Macca (1k). Id be very suprised if any of the new players are on more than 4k/5k, with Jones and Ostombor being on 1k each, Coke 2k.
All figures are a estimate and are not correct just what i think.
Please don't resort to name calling and off topic bickering, or the thread will be removed and people will be getting compulsory holidays. Thanks.
crookesey 07-09-2010, 15:38 I know what you mean but when we released Jeffers (10k) Gray (9k told he was 2nd top earner at club) Simek (6k he signed a new contract when Everton were interested) Clarke 5k (signed for a fee will be on decent money), Grant (5k or 6k), Esejas (4k/5k), Macca (1k). Id be very suprised if any of the new players are on more than 4k/5k, with Jones and Ostombor being on 1k each, Coke 2k.
All figures are a estimate and are not correct just what i think.
You won't be far away mate, AI has brought common sense into the equasion. My best ever year grossed me just under £1200 per week, third division footballers would be having a whip round for me on poverty grounds. :huh:
Ousetunes 07-09-2010, 15:46 Chin up fellas.
There might be a big juicy cheque in the post from HMRC for over payment of PAYE.
Admittedly, it might only be a couple of grand, but 'every little helps' dunnit?
SYorksDeano 07-09-2010, 15:51 ok I may not be a Wednesday fan but here are my thoughts.
Everyone has known that Wednesday have been deep in the **** for a while now and haven't really hidden behind that fact. What they have hidden behind is the amount, and I get the feeling that it is a lot more than the board are letting on.
The club should have filed for administration after the Palace game. It was obvious by that time the club had serious problems with cash flow, but they have decided to leave it till now.
The club have let the fans down for a long time, and are continuing to do so. It's obvious that if they go into administration all these so called grants the club would get for the ground to be a World Cup Venue will disappear. The club gave the courts some cock and bull story about a take over due. How many times have the fans heard that story?
Cyclecar 07-09-2010, 15:58 .................Two things stick out in my mind that seem a little odd; First, the tax man agreed a repayment plan with SWFC, which the taxman obviously found to be reasonable, so why the change (unless I have missed something obvious, in which case I apologise)...............................
Are they sticking to the plan...........?
OK, so Administration may see the Bank losing the money they loaned to the Club. But what have the Bank taken as collateral? If they 'own' the ground and other fixtures, they will have to sell them............
Let's hope they can pull through.
SYorksDeano 07-09-2010, 16:01 Can't see them not entering administration somehow. If the stories going around at the moment about the debt and the threat of administration are untrue how come the club haven't released a statement saying so?
I know some of my fellow Blades would wish that our neighbours were going out of business, but that just isn't going to happen, is it?
I've said all season that I am surprised that the Owls can afford their wage bill this season, what with the basically Championship standard squad of players that they have.
However, the worst that is going to happen is that they will go into admin. This will mean that the wage bill at the club will have to be cut, firstly by cutting the non-playing staff back as much as possible and then looking to off load some players.
I don't think that admin will mean that the promotion dream is over, perhaps just through the playoffs instead. However, we don't know what is going on behind the scenes and they may be able to avoid admin and go all out for promotion to solve the money situation.
I know what your saying about this but i very much doubt the players will be on higher wages - we have freed up in the region of 40k+ i would etismate that the new players are earning around 25k tops.
Very true i would love Wednesdays academy to be like the one at the United and i know a hell of alot of time has gone in to establishing this. Im 100% certain if Wednesday had an academy producing quality players like the one at Shirecliffe we wouldn't find oursleves in the financial state that we are in. Unfortunatley the man who has established the academy is no longer at United lets hope it continues doing what it has been doing for the good of the English game.
I doubt McCabe would walk away and lose money true because he is a business man and unfortunatly we dont have any of them on the Wednesday board.
The academy has had a quiet couple years, but this season 3 products of that acadamy have made the first team squad, Reid has left but his no2 Fogg is still there. Pemberton is now in charge having come from Forest where he blooded many a star. The facilities and the aid to the local community is a fine achievement. An establishment to be proud off.
eastbank 07-09-2010, 16:11 Shall i go back to 1925 ? of course not 1991 the sheffield double ? of course not ? WE ARE WHERE WE ARE !
And your in court!
so we owe the tax and customs a small wedge...big deal....some tart from india has just rang to say that the government are running a scheme to write off your debts....gave her greasy bob's number...and said we want 30 million in a big brown envelope....
bet thi one thing though...we kick off at 3pm this saturday v carlisle...
and if easty makes enough this season with his trips he may write off all our debts...happy days
£1.1m is not a small wedge !! Greasy Bob, is on holiday ! lol cant make it up can you lol
eastbank 07-09-2010, 16:20 £1.1m is not a small wedge !! Greasy Bob, is on holiday ! lol cant make it up can you lol
1 million....is that all....if i was in charge i'd bang 1 million on carlisle to win saturday....and rest a few ahead of our cup tie with chesterfield....happy days
A certain snooker player may be able to help as well :)
SYorksDeano 07-09-2010, 16:39 Apparently Sheffield Wednesday have just received a text message from HMRC saying: Only joking sheffield wednesday, We're just winding you up!
eastbank 07-09-2010, 16:45 A certain snooker player may be able to help as well :)
that makes a nice 4-timer....soon get our debt wiped off...to pay is to fail...happy days
NERVY-OWL 07-09-2010, 16:47 makes me laugh when i heard some blades thinking we are going out of buisiness, not going to happen. admin is a definate possibility by looks of it, if it happens then so be it. i would love to know how the tax bill went from 500k to over 1 million:huh: also nice to see the grant money going to good use aswell.
eastbank 07-09-2010, 16:52 makes me laugh when i heard some blades thinking we are going out of buisiness, not going to happen. admin is a definate possibility by looks of it, if it happens then so be it. i would love to know how the tax bill went from 500k to over 1 million:huh: also nice to see the grant money going to good use aswell.
why has that paid for greasy bob's holiday....don't you love living on thi edge
Seems the co-op have bailed the Owls out again ! until next time anyway.
Seems the co-op have bailed the Owls out again ! until next time anyway.
An extra million we owe to the bank. The board are an absolute disgrace!
Titanic99 07-09-2010, 17:26 Seems the co-op have bailed the Owls out again ! until next time anyway.
Quite, this seems like delaying the problem for a while.
The thing I don't understand is what happens if the investment doesn't come, are the club able to finance their day-to-running costs from within the income they receive?
An extra million we owe to the bank. The board are an absolute disgrace!
With interest and another tax bill soon!! its complete madness.
No transfer window left, whats the answer?
NERVY-OWL 07-09-2010, 17:37 An extra million we owe to the bank. The board are an absolute disgrace!
agreed. seems selling players now doesn't even sort it, even though the board said it would:mad:
With interest and another tax bill soon!! its complete madness.
No transfer window left, whats the answer?
I just hope this forces the directors hands in terms of investment. This hopefully rings alarm bells, because they'll get hardly owt if we did go into admin.
agreed. seems selling players now doesn't even sort it, even though the board said it would:mad:
The board are a disgrace and even Parker has become their puppet.
NERVY-OWL 07-09-2010, 17:44 The board are a disgrace and even Parker has become their puppet.
yea, i thought he seemed trustworthy at first but now he is looking as bad as the rest of them. the sooner some kind of investment comes the better
if the club could not pay its present obligations how can they justify taking on another £1.1m debt plus interest ?
The co-op bank tried to pull the plug, and understandably so.
The supporters must be at a loss, get your shoes off in the car park and show you care!
Grappler 07-09-2010, 18:04 Quite, this seems like delaying the problem for a while.
The thing I don't understand is what happens if the investment doesn't come, are the club able to finance their day-to-running costs from within the income they receive?
At a guess (and it is only a guess), no, hence the situation they are in, as the club does not appear to be able to settle its tax bills from the income it receives.
Not sure how SWFC (or any club for that matter) got into this situation and maybe we will never know. Basic economics says that if you sell something for, say, 20 quid, then 17.5% of that would be VAT, so 3.50, so you make a provision to pay the VAT man 3.50 and pocket whatever the profit is on the remainder. Again, I wonder if the reality is that wages promised to players are causing the club to pay the players and worry about the tax man later.
I know that Reidy and others are convinced the wages bill is down, but if that really is the case, how can the club be unable to pay it's tax bill?
if the club could not pay its present obligations how can they justify taking on another £1.1m debt plus interest ?
The co-op bank tried to pull the plug, and understandably so.
The supporters must be at a loss, get your shoes off in the car park and show you care!im told a protest is planned for saturday at 5pm, not that it will do a lot of good:roll:
crookesey 07-09-2010, 18:09 yea, i thought he seemed trustworthy at first but now he is looking as bad as the rest of them. the sooner some kind of investment comes the better
David, gird your loins lad, we are neck deep in the brown stuff, I don't have a clue what is going to happen mate. If we are actually broke then administration is on it's way. I just don't want to be a supporter of a club that shafts local businesses, SWFC do the right thing.
Its going to be difficult to get any investment in with the the bank being owed so much money.Would you buy in to a company knowing that the money you put in would go in to paying off a debt racked up by the previous owners?
No you would wait for the company to go bust then hopefully pick it up for next to nothing.
If Wednesday went in to admin tomorrow the investment would be there next week.
NERVY-OWL 07-09-2010, 18:14 if the club could not pay its present obligations how can they justify taking on another £1.1m debt plus interest ?
The co-op bank tried to pull the plug, and understandably so.
The supporters must be at a loss, get your shoes off in the car park and show you care!
it's a completely different thing to protest against a board than a manager. taking our shoes off wont get the board to shift without a payoff, aswell as allen. i agree about the debt though, if we can't afford it now how the hell can we afford another million plus.
NERVY-OWL 07-09-2010, 18:16 David, gird your loins lad, we are neck deep in the brown stuff, I don't have a clue what is going to happen mate. If we are actually broke then administration is on it's way. I just don't want to be a supporter of a club that shafts local businesses, SWFC do the right thing.
if we do go into admin at least we managed to hold it off for 10 yeaqs, alot of clubs would of took the easy route out a long time ago, still is very annoying though:mad:
Grappler 07-09-2010, 18:18 David, gird your loins lad, we are neck deep in the brown stuff, I don't have a clue what is going to happen mate. If we are actually broke then administration is on it's way. I just don't want to be a supporter of a club that shafts local businesses, SWFC do the right thing.
Surely the bank would have picked up on that if it is really true? They must have access to the books being the biggest single creditor? Or am I being naive? after all, this is football, a law unto itself!
While your all prepared to be keyboard warriors, and sat on your arses accepting all this, nowt will change.
Block the directors car park, the directors entrances, boycott their private buisness" block the S6 telephone lines, get your shoes off !!
phoning radio Sheffield and posting on here is not going to change a thing.
eastbank 07-09-2010, 18:20 im told a protest is planned for saturday at 5pm, not that it will do a lot of good:roll:
poor old bert had his windows put through every other week...made him go out and recruit big jack charlton...has greasy bob got any windows....happy days
crookesey 07-09-2010, 18:21 if we do go into admin at least we managed to hold it off for 10 yeaqs, alot of clubs would of took the easy route out a long time ago, still is very annoying though:mad:
I always thought that you were a proper person, now I know, god bless flower. :thumbsup:
CorkerSWFC 07-09-2010, 18:22 While your all prepared to be keyboard warriors, and sat on your arses accepting all this, nowt will change.
Block the directors car park, the directors entrances, boycott their private buisness" block the S6 telephone lines, get your shoes off !!
phoning radio Sheffield and posting on here is not going to change a thing.
Who's all ?
eastbank 07-09-2010, 18:22 While your all prepared to be keyboard warriors, and sat on your arses accepting all this, nowt will change.
Block the directors car park, the directors entrances, boycott their private buisness" block the S6 telephone lines, get your shoes off !!
phoning radio Sheffield and posting on here is not going to change a thing.
why not just string them all up on the five arches and leave them there....wednesday aggro hello hello
CorkerSWFC 07-09-2010, 18:24 I'll be honest Wednesday are in a complete bloody mess and have been for years, any Wednesday fan who thinks the future could be bright are either deluded or brainwashed.
Two r8 teams i support, Wednesday and England, could it get any worse, total embarrassment.
poor old bert had his windows put through every other week...made him go out and recruit big jack charlton...has greasy bob got any windows....happy daysi cant see bob walkin away without a golden handshake or any of the board for that matter
pathebladela 07-09-2010, 18:33 Its just been on radio sheffield now that they could go bust tomorrow
yippee... no pig fans in town, no hisllborough to sadden my eye
CorkerSWFC 07-09-2010, 18:36 yippee... no pig fans in town, no hisllborough to sadden my eye
I thought you said black my eye :hihi:
At a guess (and it is only a guess), no, hence the situation they are in, as the club does not appear to be able to settle its tax bills from the income it receives.
Not sure how SWFC (or any club for that matter) got into this situation and maybe we will never know. Basic economics says that if you sell something for, say, 20 quid, then 17.5% of that would be VAT, so 3.50, so you make a provision to pay the VAT man 3.50 and pocket whatever the profit is on the remainder. Again, I wonder if the reality is that wages promised to players are causing the club to pay the players and worry about the tax man later.
I know that Reidy and others are convinced the wages bill is down, but if that really is the case, how can the club be unable to pay it's tax bill?
May be the season ticket money went on paying last seasons outstanding bills. And the clubs had banked on a buyer by now ? All speculation on my part.
eastbank 07-09-2010, 18:39 i cant see bob walkin away without a golden handshake or any of the board for that matter
could be that old bob is running scared...rumour has it he may have been putting his greasy fingers in the clubs pies...happy days
May be the season ticket money went on paying last seasons outstanding bills. And the clubs had banked on a buyer by now ? All speculation on my part.
I reckon there might be more than a little truth to that.
NERVY-OWL 07-09-2010, 18:43 May be the season ticket money went on paying last seasons outstanding bills. And the clubs had banked on a buyer by now ? All speculation on my part.
it's all speculation but you could be right. i wouldn't trust much the club say anyway at the moment, it just seems like lies
hithere08 07-09-2010, 18:46 bank have stumped up.
only a short term solution, but at least it staves them off for time being
CorkerSWFC 07-09-2010, 18:53 Maybe the Blades what only come on for a slag will bugger off now and we can talk about footy instead of banks and finance, which probably most haven't even got a clue on.
miaowwoof 07-09-2010, 19:22 Maybe the Blades what only come on for a slag will bugger off now and we can talk about footy instead of banks and finance, which probably most haven't even got a clue on.
Oh dear, i would ammend that statement because it comes across like childish behaviour. You sound very VERY pathetic!!
hithere08 07-09-2010, 19:26 Oh dear, i would ammend that statement because it comes across like childish behaviour. You sound very VERY pathetic!!
Here we go!!!!!!!!! Fight fight
Titanic99 07-09-2010, 19:26 At a guess (and it is only a guess), no, hence the situation they are in, as the club does not appear to be able to settle its tax bills from the income it receives.
Not sure how SWFC (or any club for that matter) got into this situation and maybe we will never know. Basic economics says that if you sell something for, say, 20 quid, then 17.5% of that would be VAT, so 3.50, so you make a provision to pay the VAT man 3.50 and pocket whatever the profit is on the remainder. Again, I wonder if the reality is that wages promised to players are causing the club to pay the players and worry about the tax man later.
I know that Reidy and others are convinced the wages bill is down, but if that really is the case, how can the club be unable to pay it's tax bill?
On the Owlstalk website they are stating our turnover is £15 million and we have a wage bill of £5 million.
Now I know there's an awful lot of other expenditure involved in running a football club, but is it really as much as £10 million.
Something doesn't seem right here, other clubs seems to function with considerably less income than this.
CorkerSWFC 07-09-2010, 19:30 Oh dear, i would ammend that statement because it comes across like childish behaviour. You sound very VERY pathetic!!
Id say your more pathetic biting lmao :hihi:
Oh dear, i would ammend that statement because it comes across like childish behaviour. You sound very VERY pathetic!!
How ironic, someone with that username calling somebody else childish and pathetic... :loopy:
miaowwoof 07-09-2010, 19:38 Id say your more pathetic biting lmao :hihi:
It would appear not.
Something doesn't seem right here, other clubs seems to function with considerably less income than this.
Because these other clubs function within their means and don't pay silly money in wages to get themselves into massive debt
miaowwoof 07-09-2010, 19:39 How ironic, someone with that username calling somebody else childish and pathetic... :loopy:
And using a emoticon to reflect ones need for lack of words is really mature.
Paul Blade 07-09-2010, 19:44 And using a emoticon to reflect ones need for lack of words is really mature.
Advantage Miaowwoof
May be the season ticket money went on paying last seasons outstanding bills. And the clubs had banked on a buyer by now ? All speculation on my part.
I think you are spot on Ladybirds. ST sales started in January, allegedly to "set the player budget". More likely, to pay the underperforming jessies that we had on the payroll at the time.
The really interesting question is why have the Co op decided to pour yet another million into the seemingly never ending black hole? What is in it for them?
I think you are spot on Ladybirds. ST sales started in January, allegedly to "set the player budget". More likely, to pay the underperforming jessies that we had on the payroll at the time.
The really interesting question is why have the Co op decided to pour yet another million into the seemingly never ending black hole? What is in it for them?yet more money in interest payments?
Titanic99 07-09-2010, 19:50 Because these other clubs function within their means and don't pay silly money in wages to get themselves into massive debt
Allegedly this isn't the case now with a wage bill of £5 million and turnover of £15 million.
And using a emoticon to reflect ones need for lack of words is really mature.
The emoticon was merely an addendum, and was really quite superfluous. The sentence before that was accurate though.
p.s. it's an emoticon - to us mature types [;)]
You know what really ****es me off?? Having gone through the last 10 years of turmoil with 3 relegations and constantly struggling with this debt round our necks - then JUST as there seems to be some light i.e. a bloody good squad of players getting some results for once and it seems it could all be for nothing.
We should have gone the admin route bloody years ago.
You had to drop a league to gain anything to be fair. Not like you'd be anywhere near promotion favourites in the championship.
A good squad in a lower division, a rebuild will be needed if promotion was to be gained..
Unfortunatly, most clubs bank on gate money for their income, no matter how good the S6 gates are, the overheads are massive.
In the coming years the fall in gate money, less season ticket holders, more offers and a possible reduction in prices. many clubs like the Owls(and many others) will suffer as they are "one trick ponys"
The blades have a head start on many clubs and in the coming years the outside investments and interests will pay dividends big time.
The World cup links offered a life line to the Owls, but even the bank have seen past that one th situation is that serious. How could the Owls tell the F.A they were a viable, solvent option with backing and grants to take on that commitment? the club has been run by muppets for decades.
And now its time to pay.
Obviously not. The bank has decided to stick by us.
You blunts are bigger spin doctors than the general media.
Now get back to the dramatic events at your <removed> of a club..... oh, sorry, there aren't any.
The academy has had a quiet couple years, but this season 3 products of that acadamy have made the first team squad, Reid has left but his no2 Fogg is still there. Pemberton is now in charge having come from Forest where he blooded many a star. The facilities and the aid to the local community is a fine achievement. An establishment to be proud off.
I hope he does but not sure, Reid hey wonder if hes any relation of mine? It is something to be proud of. As for players Walker and Naughton from season before last didnt do bad for the club.
Keep a eye out for McFadzean!!!
Obviously not. The bank has decided to stick by us.
You blunts are bigger spin doctors than the general media.
Now get back to the dramatic events at your <removed> of a club..... oh, sorry, there aren't any.
THE BANK WERE CLOSE TO PULLING THE PLUG FACT !
no spin involved ask your fellow supporters. your right though nowt happening at our club...no scandals, winding up orders, court cases , tax trouble , investment faliure .:loopy:
General Sale 4 days before the game thats strange is it to do with all the loyalty points stuff?
Yep loyalty points were in force for this one, we waited to get 10 together. but yea its short notice for the supporter working during the week etc makes it difficult to collect the ticket.
CorkerSWFC 07-09-2010, 21:26 THE BANK WERE CLOSE TO PULLING THE PLUG FACT !
Oh well the Blades are gutted, Wednesday live to fight another day.
Can you remember who you support?:hihi:
Oh well the Blades are gutted, Wednesday live to fight another day.
Can you remember who you support?:hihi:
Not gutted at all, you want to get the gutted feeling have just been e mailed a post on Lee Straffords facebook, (can be viewed on his page too). The loon is having a right old rant. to many shameful details to go in to on here!
CorkerSWFC 07-09-2010, 21:41 Not gutted at all, you want to get the gutted feeling have just been e mailed a post on Lee Straffords facebook, (can be viewed on his page too). The loon is having a right old rant. to many shameful details to go in to on here!
He's a fool he's not even worth reading, sour grapes spring to mind, hes on the defence cause he failed, no one likes failure.
The reason im on the defence is United are not exactly smelling of roses.
But as you say whats the point really getting into it ?
Just read it hes a first class clown wish he would keep his gob shout and stay away from the club. All he is is a fan with a small insight. Wined a dined some Americans for 6 months wasted thousands of pounds in the mean time and got a terrible offer. 1st Class Clown.
THE BANK WERE CLOSE TO PULLING THE PLUG FACT !
no spin involved ask your fellow supporters. your right though nowt happening at our club...no scandals, winding up orders, court cases , tax trouble , investment faliure .:loopy:
IT MUST BE FACT IF YOU'VE TYPED IT IN CAPITALS!
By the way, you forgot - 'football being played' in your list.
CorkerSWFC 07-09-2010, 21:48 Lets see how many Blades are on here at the weekend even if we both draw, its laughable.
He's a fool he's not even worth reading, sour grapes spring to mind, hes on the defence cause he failed, no one likes failure.
The reason im on the defence is United are not exactly smelling of roses.
But as you say whats the point really getting into it ?
We agree, when he claims bills even the childrens hospital have not been paid their dues, its disgraceful.
BigTeeOwls 07-09-2010, 22:14 Not gutted at all, you want to get the gutted feeling have just been e mailed a post on Lee Straffords facebook, (can be viewed on his page too). The loon is having a right old rant. to many shameful details to go in to on here!
Jeez LB! Haven't you got nothing better to do with you're time? You seem to be turning into something of a Wednesday stalker. Lee Straffords faceache! Owlstalk! you obviously take too much interest in the badly run, third division team.
The main aim as a blades fan reads like the Zhuge Liang Thrice Enraged Zhou Yu
CorkerSWFC 07-09-2010, 22:23 The main aim as a blades fan reads like the Zhuge Liang Thrice Enraged Zhou Yu
LMAO where did that come from :hihi:
I bet you have just had a number 34 from Wang Bao :help:
BigTeeOwls 07-09-2010, 22:41 LMAO where did that come from :hihi:
I bet you have just had a number 34 from Wang Bao :help:
SSSSShhhhhh! It's all gone quiet all of a sudden, while all the little sours google it.
Panthera 07-09-2010, 23:07 sad thing is no owl even bothered to check if LS said anything about this latest story, im not even bothered by all this tax stuff we either go into admin or get taken over and untill its official frankly my friends i dont give a toss about any rumours
lee straffords rants have become embarrassing ,even Owlstalk have barred him ,he has become a bigger joke than joe ashton
as for the administration saga it was completely blown out of proportion by the media ,particularily the local media that now relies solely on the rumour, gossip and utter garbage that are on the fans web blogs
Panthera 07-09-2010, 23:12 lee straffords rants have become embarrassing ,even Owlstalk have barred him ,he has become a bigger joke than joe ashtonToo true, when he quit as chairman he should have just kept his gob shut about OWLS affairs he no longer had anything to do with, if we can get rid of the 3 dead wieghts on the current board then i reckon we'll turn the corner
well we all know the sheff star stalk the forums for stories
CorkerSWFC 07-09-2010, 23:17 well we all know the sheff star stalk the forums for stories
Too true M8 !
And been caught out big time in the process.
wednesday have agreed a deal with coop bank so they will not go into administration or have points deducted.
Wednesday til I die .....
Grappler 07-09-2010, 23:25 lee straffords rants have become embarrassing ,even Owlstalk have barred him ,he has become a bigger joke than joe ashton
as for the administration saga it was completely blown out of proportion by the media ,particularily the local media that now relies solely on the rumour, gossip and utter garbage that are on the fans web blogs
I think this was yet another "Yorkshire Post Exclusive", not the Sheffield Star, often wonder who feeds them the info, and now wondering if it is someone at Co-Op Bank?
Panthera 07-09-2010, 23:43 I think this was yet another "Yorkshire Post Exclusive", not the Sheffield Star, often wonder who feeds them the info, and now wondering if it is someone at Co-Op Bank?yorkshire post and sheff star are part of same company, cos when i used to phone up to pay my star bill they always asked if i was paying for yorkshire post or sheffield star
Grappler 07-09-2010, 23:46 yorkshire post and sheff star are part of same company, cos when i used to phone up to pay my star bill they always asked if i was paying for yorkshire post or sheffield star
Really? So how come the story didn't make todays Star?
Grappler 07-09-2010, 23:48 Really? So how come the story didn't make todays Star?
Actually, no need to answer that, half the "news" in the Star is about 3 days old anyway, no doubt it will be in the Star on Friday or something!
Jeez LB! Haven't you got nothing better to do with you're time? You seem to be turning into something of a Wednesday stalker. Lee Straffords faceache! Owlstalk! you obviously take too much interest in the badly run, third division team.
The main aim as a blades fan reads like the Zhuge Liang Thrice Enraged Zhou Yu
But the SF Owls keep telling us your a first division club ! coming from the man who posted about a Utd hot dog van !!! you also really do take the mick.
And as for the Owls you do entertain us, one cock up after another.
Please feel free to put me on ignore. please please
aaron1867 08-09-2010, 01:26 No doubt about it, the board of Sheffield Wednesday just has to go and I'm also sick of Strafford's rantings. He is clinging onto the last piece of Sheffield Wednesday he has left. Just leave it and move on.
I personally like every other SW fan, have no idea where the money is going. We have sold a decent amount of ST's, not gone massively overbudget with players and sold Lee Grant for £1m, plus the £3m from the bank already.
There is a blackhole somewhere and it's becoming a joke.
No doubt about it, the board of Sheffield Wednesday just has to go and I'm also sick of Strafford's rantings. He is clinging onto the last piece of Sheffield Wednesday he has left. Just leave it and move on.
I personally like every other SW fan, have no idea where the money is going. We have sold a decent amount of ST's, not gone massively overbudget with players and sold Lee Grant for £1m, plus the £3m from the bank already.
There is a blackhole somewhere and it's becoming a joke.
To be fair to Strafford, he's just showing up the board for what they are and I'm all for that, surely you are too as a fan? The board are a complete disgrace. Hulley, Cooke and Grierson have been hiding in that boardroom for years, whilst the debt has risen and risen. We need people like Strafford (who has 'inside' info) to help rid them.
crookesey 08-09-2010, 07:45 Will someone sort this thread out? Some clown had transported old posts into the present day, apparantly Lee Strafford is still charman. :gag:
the first part of an alternative version to "lazin on a sunny afternoon" by the kinks
the taxmans after a lot of dough
its threatening our clapped out home
we are watching owls on saturday afternoon
we had offers for our club
its run just like our local pub
all we got is saturday afternoon
help us help us help us pay our way
the co-op might come and stop their funding one day
and we hate to live so perilously
the board got us in to this misery
watchin on saturday afternoon
in the wintertime, in the wintertime
If you have a question regarding moderation please address it to the helpdesk.
To the tune of money money money by abba
I watch the owls on saturday, it helps them with their tax to pay.
aint it sad
and still there never seems to be no freedom from our misery
thats too bad
lee strafford he had a plan
to get our club a wealthy man
and tho he search for neer three years
theres still nobody that appears
money, money money its not funny in the wednesday world
money money money, never funny in the wednesday world
ah ah all the debts we owe
if we had a little money for the wednesday world
wilkinson works hard and irvine too to try and keep our club alive
aint it sad
our ground is poor and falling down and painted by the dulux five
thats so bad
so i will pay what i can afford
and hope that we get rid of our board
and if i pray right to the max
the co-op will pay all our tax
money money money never plenty in the wednesday world
money money money, the coffers are empty in the wednesday world
Ah Ah ah all the things we could do
if only we were debt free-in our wednesday world
leggy_lydz 09-09-2010, 12:26 No doubt about it, the board of Sheffield Wednesday just has to go and I'm also sick of Strafford's rantings. He is clinging onto the last piece of Sheffield Wednesday he has left. Just leave it and move on.
I personally like every other SW fan, have no idea where the money is going. We have sold a decent amount of ST's, not gone massively overbudget with players and sold Lee Grant for £1m, plus the £3m from the bank already.
There is a blackhole somewhere and it's becoming a joke.
If you really think that, go give support on this thread (http://www.sheffieldforum.co.uk/showthread.php?t=640523)
I have more than a little sympathy for NECL Ilkeston town, who have had the plug pulled on them for an unpaid bill of 50K, by HMRC
aaron1867 11-09-2010, 05:22 To be fair to Strafford, he's just showing up the board for what they are and I'm all for that, surely you are too as a fan? The board are a complete disgrace. Hulley, Cooke and Grierson have been hiding in that boardroom for years, whilst the debt has risen and risen. We need people like Strafford (who has 'inside' info) to help rid them.
He's not though.
He isn't telling us what is happening. He is just telling of boardroom unrest, but doesn't explain why.
He could go on to tell us why... X did this and Y did that, which lead to XX situation and that is why XXXXX.
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