Hodgie1978 wrote:It does make you wonder what others things they could do to save money if we enter non league.
Could we invest in a 4g pitch and hire it out.
Loads of non league clubs do it such as Tamworth.
Keith wrote:I'm not sure exactly how it differs, but I'm sure that the funding for Football League academies is substantially more than National League. Perhaps someone knows for sure?
If I'm correct, then I'd expect the academy would probably close, to save money.
Without a 'Not a Penny More' campaign...
Whittingham will continue to take money out of the club, bleeding it dry.
We will have a squad that is barely capable of mid-table, at best. Most likely, we'd face another relegation battle.
All available income will go towards paying the interest on the debt, or, the debt itself.
Income substantially down due to lower crowds generally, cheaper tickets, no TV money, no Carabao Cup, no Bristol Street Motors. Parachute payments won't go anywhere near covering this reduction in cash.
We may have options on players for another season, and a couple of two year contracts, BUT, what if they have relegation release clauses? I've no idea if they do, but any sensible agent would have got one in place. So we may have no players to start next season.
We will at best, just about survive in National League. But, I think the likelihood is, we will be relegated again.
Once in National League North, there is no way back. Income would not cover loans and interest, let alone a squad.
At this point, we go under.
With a 'Not a Penny More' campaign...
We force the issue. Whittingham either accepts we're serious, and then becomes motivated to sell at a reasonable price, while he can still get something for his asset, or, he clings on to the bitter end, pulling cash out as much as he can, until we go into Administration. Administration would most likely come if we can't pay HMRC. If we go under, the Administrator would sell for whatever they can get, with HMRC being the primary debt. Whittingham may get something back, but at least he's gone. We can hope, he'd see the writing on the wall, and bail out. But, if he forces the issue, then we go under a season earlier.
If we get to National League North, we're screwed, there is no way back, as the debt will simply be too big to furnish, and even interest payments wouldn't happen.
Obviously, some people may convince themselves that Whittinham is not going to take an extortionate amount of interest out of the club, he's adding it to the price of the club and he has interested parties who are willing to pay that amount, so there is no need to worry...
Other people may look at the evidence and conclude that Whittingham is a lying bullshitter who only cares about how much money he can get out before we inevitably go under, one way or another.
The first group of people will be there to watch Morecambe get thrashed at home to Solihull Moors.
The second group will exercise the only power they have.
Either way, we face an existential crisis. One I expect us to lose, unless something massive changes soon. So, I'd rather not give any more of my money to Whittingham.
BerlinWaller wrote:Makes me feel a bit sick and is a sign of the times but very well put Keith.
redrobo wrote:DA is operating without a contract so could have 'walked' at any time this season.
He knows that we re-employed him when nobody else would despite there being vacant managerial positions elsewhere.
The National League is not that much different from EFL2 so a step down for him might not be that important...![]()
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It could well be that he needs to be involved in management so an opportunity to rebuild our club could be just what he needs. BUT as has been suggested it all depends on the finances available to him which hopefully may become clearer in the near future..![]()
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redrobo wrote:DA is operating without a contract so could have 'walked' at any time this season.
He knows that we re-employed him when nobody else would despite there being vacant managerial positions elsewhere.
The National League is not that much different from EFL2 so a step down for him might not be that important...![]()
![]()
![]()
It could well be that he needs to be involved in management so an opportunity to rebuild our club could be just what he needs. BUT as has been suggested it all depends on the finances available to him which hopefully may become clearer in the near future..![]()
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Billy bodger wrote:So after reading all these posts should we have done the ‘not a penny more’ protest when we were in League One? With the safety net of League Two to fall back on.??
Now because of Whittingham we are going down, (unless??), even further and if the ‘not a penny more’ protest leads to administration next season because of points deductions there is a possibility we will end up in National League North.
redrobo wrote:I'm sure the entire forum would appreciate an update from the BoDs.....PLEASE...or is it a case of nowt to say.....![]()
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lancaster shrimp wrote:Is anyone or has anyone boycotted home matches? Or going to from next season if this rat is still here
Redalert1970 wrote:I might get slated for it but I will be buying a season ticket plus both home and away shirts as usual plus going to lots of away games
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