Jason Whittingham

[Keith]

No one knows what the budget will be next season so yet again its all speculation

Speculation perhaps, but there is zero logical reason why the playing budget would increase, when income decreases. If Whittingham was going to invest, then surely he'd have done it this season, to maintain EFL status? Pointless him putting money in next season, if we're in the National League, as it won't be enough to bounce back. And if he does chuck money at us, I'd worry about the interest rate that we'd be paying.

Is it administration what is behind the ‘not a penny more’ protest in the hope it rapidly gets rid of Whittingham? That seems to be the likelihood whether it gets rid of Whittingham or with him still at the realm. I’m still convinced because of Company Law he won’t take too much of a financial hit. Please feel free to correct me.

My hope would be, with a 'Not a Penny More' campaign is, Whittingham would see the only way he could get out with a decent pay-off, would be to accept a sensible offer to sell. He'd get out and the campaign would then return to supporting the club and new owner ASAP. If he doesn't sell, then clearly, he won't be the one moving us into Administration, it would be another party that is owed money. Ultimately, it would probably be HMRC, who don't mess about. They would then be the primary creditor. The Administrator would sell for whatever they can get, but with paying HMRC the primary goal. Whatever is left, would get split between remaining creditors, such as utilities. What they'd get, I've no idea, but it certainly won't be everything he is owed.

In short, hopefully Whittingham will become motivated to sell quickly, if he sees the protest is serious.
If not, then Administration would still be better than Whittingham remaining any longer, and we could at least start planning for the future, even if it is as a phoenix club.

People doing differently, that's fine, we're in uncharted waters and supporters need to do what they believe is right.

[BerlinWaller]

Let's suppose we are in a promotion place in the National throughout the season and Jason is still lurking in the background will fans still stay away or support the clubs push for promotion by attending home games?

Needless to say I'll still be there wherever we are in the league.

Don't you dare imply that I am being disloyal to the football club

[redrobo]

I wouldn't suggest that of anybody least of all long term fans like you and others. Everybody is entitled to do what they wish but if on field circumstances could involve promotion would some fans still support the campaign?

[Keith]

...if on field circumstances could involve promotion would some fans still support the campaign?

If we're at Christmas, and [say] top three, then I bet the 'Not a Penny More' would fizzle out for many.

HOWEVER... If Whittingham is still here, full of crap, and milking the club dry, then I don't see how we can possibly be competitive. Therefore, if we were top three at Christmas, then I'd expect something will have changed at the club, suggesting the campaign had been successful in the first place.

So, now flip the question, how long would those who oppose the campaign give it before they too say, 'enough is enough' and join the 'Not a Penny More' campaign? Would [say] being in the relegation zone by October indicate the writing is on the wall in lettering large enough?

[Billy bodger]

When I wrote to the EFL about Owners being made to sell their shares in a Club, I was quoted that though the EFL can disqualify a Director or Owner under their own rules, the EFL cannot under Company Law force a sale on a Director or Owner, so I’m very puzzled when I herd what happing at Reading FC.

Morecambe FC are really not in the same league when it comes to bad ownership as Reading, but God knows it’s bad enough.

I have been reading about Reading and their owner Dai Yongge, the EFL disqualified Readings Owner under the EFL’s Owner and Directors Test. The EFL gave Readings Owner a deadline of April 4th to sell the Royals. If indeed the Royals are not sold by the 4th April they will be told they cannot play any more games while Dai Yongge (the Owner), is still at the helm.

So is this what Keith said was maybe a life line if Morecambe finish in 23rd spot, (the relegated bottom two). Reading FC will still have 7 games to play after 4th of April and if they are not allowed to play them by the EFL, what then? The article doesn’t say!!

Reading is in the process of being sold and in a Club statement 4 days ago, a Judge gave a clear indication that all parties should find a solution to the current impasse impacting on the sale of the Club. Whatever is holding up the sale, WELL THEY HAVE 11 DAYS TO SORT IT OUT.

[lancaster shrimp]

There's absolutely no way with this rat in charge we'll be near the playoffs next season in national league. We're more likely to do a Scunthorpe. That's just my opinion. If he is still here next season. It's away games only for me.

[Hodgie1978]

I think with the Trusts latest minutes with the phone call from Jason and the heartfelt statement from 1920 Union tonight.
You can see the NAPM campaign for next season gathering momentum.

[Andy D]

I think with the Trusts latest minutes with the phone call from Jason and the heartfelt statement from 1920 Union tonight.
You can see the NAPM campaign for next season gathering momentum.

100%

[black morse]

I've read the 1920 Union statement but I haven't received anything from The Trust yet.

[Hodgie1978]

https://www.facebook.com/share/p/156uEzYsR1/

[black morse]

Thanks Hodgie. My take on all this is that we must be ready to proceed with Not a penny more as soon as it is numerically impossible for us to stay in the EFL. Jason must be in no doubt that the income from ticket sales will be a lot less when we drop to the National League.

[redrobo]

Thanks as always to the Trust for their latest update.

As per usual Jason glosses over certain issues and provides very little news for anybody to be confident about an impending sale.

The only point I have agreement with him is with regard to any form of action by the fans will effectively hurt the club but this forum is well aware of my views on that subject. I respect those who will support any boycott but ii and others will not support such action.

[Hodgie1978]

Without fans
Football is nothing!

[BerlinWaller]

Thanks as always to the Trust for their latest update.

As per usual Jason glosses over certain issues and provides very little news for anybody to be confident about an impending sale.

The only point I have agreement with him is with regard to any form of action by the fans will effectively hurt the club but this forum is well aware of my views on that subject. I respect those who will support any boycott but ii and others will not support such action.

You have got to ask yourself what will hurt the club more?

[redrobo]

Thanks as always to the Trust for their latest update.

As per usual Jason glosses over certain issues and provides very little news for anybody to be confident about an impending sale.

The only point I have agreement with him is with regard to any form of action by the fans will effectively hurt the club but this forum is well aware of my views on that subject. I respect those who will support any boycott but ii and others will not support such action.

You have got to ask yourself what will hurt the club more?

Unfortunately I suspect it will hurt our club more than it will hurt Jason himself...who I doubt could give a toss about the thoughts of the fans.

The loss in revenue from the fans will have to be made up somehow.

The BoDs are in no position financially to cover the losses....so it will be down to Jason to continue to drip feed the club and for the club to be charged exorbitant interest fees as has been proved in numerous year end financial statements in the Annual Reports.

At the end of the day EVERYBODY wants to see an end of this saga and more importantly an end of the current ownership. What alarms me and no doubt others is..'who in terms of ownership follows ....and in the stature of our club'......

[BerlinWaller]

You sort of explained why a boycott would hurt Whittingham whilst explaining why you won't be doing it.

If you aren't doing it then that is totally up to you

[Hodgie1978]

Does everyone believe Jason when he says that the money owed will be written off or turned into worthless shares?
What so called business man would do that especially someone who claims to have no money?
Or is he trying to buy more time.

[redrobo]

Does everyone believe Jason when he says that the money owed will be written off or turned into worthless shares?
What so called business man would do that especially someone who claims to have no money?
Or is he trying to buy more time.

He is first and foremost a financier who simply makes money out of the loans he makes to our club...and others in the past.

He gets his money to loan out from another financier ( by his own admission) who will charge him interest which in our case he back charges to our club. No financier would ever give up this road to easy money irrespective of any flack that may come his way.

Jason I'm afraid is like any financier he will not give up this cash cow whatever hostilities may come his way. Quite simply we are saddled with him no matter what fans do until he sells the club for a sum way above its actual value....which looks more and more unlikely.

As for writing any loan off or converting it into shares.....ABSOLUTE BOLLOCKS.

He is an out and out LIAR....who will no doubt be laughing at us and the action some are prepared to take.

[Billy bodger]

A a couple of years at the going rate.

[Old Man Kensey]

...who will no doubt be laughing at us and the action some are prepared to take.

The logic behind the NAPM protest is that it will take matters of Jason's hands.
Once bills cannot be paid we will soon end up in administration.
For example the HMRC would be very quick to call them in if we can't pay them.

It could all go wrong and we end up like Bury and is a big risk.

Or we do nothing and go round in circles until the club is no longer viable anyway.

Its a tough choice but I'd rather do something rather than do nothing....

[Hodgie1978]

Neil I know you're not gonna change your mind on buying a season ticket but could you please think about the Trust email they will send asking about who is boycotting?
A little porkie never hurt anyone

[Keith]

He gets his money to loan out from another financier ( by his own admission) who will charge him interest which in our case he back charges to our club. No financier would ever give up this road to easy money irrespective of any flack that may come his way.

A financier most certainly will give up on "this road to easy money" if they are concerned that they may not get repaid. If the club ultimately went into Administration, then Whittingham may not get the full loan back, and therefore be unable to repay the financier. If the financier decides it is too risky, and withholds further financing, then what happens? Whittingham's 'investment' becomes near worthless.

My hope is, Whittingham will see this unfolding, and become 'motivated' to get out while he's ahead. What we do know is, doing nothing will only take us in one direction.

[KenH]

Jason is in too deep to sell now. He's desperately hoping some mug will come in and pay silly money for it as that's his only way out. The asking price will have gone up by a million between 23 and 24 which is the loss the club made, which he had to finance by advancing more loans. We'll have just made another million loss this current year, so that's another million some mug buyer will have to stump up to clear the debts and interest. In a year's time, it'll be another million loss, so another million added to the purchase price. He screwed up by not selling when the club was at it's recent height, the L1 season when we made a million profit. He could have sold up then for a relatively low amount and still made a killing. For every year since, he's digging himself deeper in the doo-doo and increasing his asking price expecting some mug buyer to finance previous year losses. It's not going to happen. Well, not to an honest person with clean money anyway, but no doubt some criminal with dirty money will come along soon - that's what he's hoping!

[Billy bodger]

...who will no doubt be laughing at us and the action some are prepared to take.

The logic behind the NAPM protest is that it will take matters of Jason's hands.
Once bills cannot be paid we will soon end up in administration.
For example the HMRC would be very quick to call them in if we can't pay them.

It could all go wrong and we end up like Bury and is a big risk.

Or we do nothing and go round in circles until the club is no longer viable anyway.

Its a tough choice but I'd rather do something rather than do nothing....

First of all, if that’s the two scenarios we are facing there is very high risk in both of them and we will at some point probably end up in administration and in both situations it could all go completely wrong.

The only way out of our current situation is a sale!! Will Panjab Warriors bid come through? Well I don’t have any faith in that bid one bit.

One thing for sure is if things go completely wrong because of fans staying away it will be easy for him to point the finger at the fans.

A way forward perhaps fans may consider is to hold off renewing their season tickets for next season, to see what effect that has on Whittingham, as in if it will move him towards changing his thought process of him being in control of the sale being taken away from him by going into administration.

I am at the moment not going to renew and I will keep that and whether I will join the NAPM protest under review.

For the rest of the season I will continue going to all our home games and I hope everyone dies right to the last home game against Harrogate.

After that it’s about showing Whittingham that Morecambe fans are serious about doing something to show we have had a belly full of him as our owner. We want him gone and holding off renewing season tickets can be the start of that. If people do that in any good number all well and good, it will show the strength of feeling. It’s up to you as an individual, I lot of soul searching will be going on, I know I’ve not come to that deduction lightly.

[Billy bodger]

So very sorry, it should be DOES not dies, apologies to everyone.