Sale soon

[BerlinWaller]

.....only with the BoDs approval can he touch any monies in the clubs accounts.

He doesn't need to put his hand in the till, he has the club tied in knots. He is a loan shark.

[al1]

So what happened to the FA cup money after it went into the clubs account?

[Billy bodger]

.....only with the BoDs approval can he touch any monies in the clubs accounts.

That sounds good redrobo until you look a bit closer, the BOD’s do approve payments all the time, it’s part of their job.

Now who have they paid monies too?

Redrobo have you ever asked if the BOD’s have ever approved payment to someone who has loaned the Club money? Have you also asked if Interest has been paid on any of those loans?

Now, you might not get to find out who they were, but an honest question should receive an honest answer and if I have read the accounts over the last few years right, loan repayments have been approved. So then it’s if there has been interest paid on them and if that’s yes I wonder who it could have been and how much it was?

Those are the things that have contributed towards having a deficit in our accounts along with lack of funding, could it be the same person?

Why When we are told two signatures are needed from the BOD’s to sign of payments we are placated? It only raises more question and goes towards the evidence of how our owner has used us.

[KenH]

So what happened to the FA cup money after it went into the clubs account?

It was used to pay wages, taxes and other bills. It just meant that Jason didn't need to put as much money into the club to cover it's costs/losses. Clearly Derek saw nothing of it, or very little, given the signings he made and the players he shipped out in January.

[BerlinWaller]

So what happened to the FA cup money after it went into the clubs account?

It was used to pay wages, taxes and other bills. It just meant that Jason didn't need to put as much money into the club to cover it's costs/losses. Clearly Derek saw nothing of it, or very little, given the signings he made and the players he shipped out in January.

If this is true and the money was spent on what you say it was, why did Graham Howse say that it would be made available for transfers when he was asked at the fans forum? Derek also said that it was used to pay off debts.

[Hodgie1978]

Graham also said HIGH interest loans are crippling the club.
Who do we owe high interest loans to?

[Billy bodger]

Who indeed and if the loans are not re-paid would that person put us into administration?

That is how we have been operating now for years. The BOD’s are trying to keep the Club going so they approve the repayments when they are due. So we are in a vicious circle of underfunding, interest loaning, initial loan with interest approved re-payments and if we are not sold it will be repeated.

Though to be fair can we be sure the preferred bidder will be any better if they do indeed buy us.

And yet if the Club does go into administration those who support the NAPM campaign will be in the firing line to get the blame.

[redrobo]

Whoever buys the club will surely want a return on their investment.

So we could be sleep walking into another nightmare.

Can't see any investor being prepared to own the club and invest just for the fun of it

Even with the multi millions pumped into Carliske a day of pay back will eventually come around.

[Keith]

As I've said before, in my opinion, we have two options.

1: Carry on as before, supporting the club financially.
2: Do 'something'. The only 'something' I can see, is withholding finances.

We know 'carry on as before' doesn't work. We're drowning in debt and sinking down the pyramid. Why will next season be different to those that have gone before? 'The definition of madness is doing the same thing over again, expecting a different result'.

I genuinely believe, if we are relegated again, to National League North, we will go out of business. The debt and the infrastructure are both too large for the club to finance it. With four sides relegated, this is a real concern.

Withholding finances is a crappy position too. It may well damage the club. It could bring about our demise even sooner. If we are unable to pay wages [for example], we may end up with a points deduction that in-itself guarantees the relegation that I fear. However, it MIGHT force Whittingham's hand. If he sees income slashed, he MIGHT want to get out, knowing he will lose a lot more if he's the one holding the baby when it drowns. I may be mixing metaphors there, but somehow it feels appropriate.

I do not believe Whittingham isn't taking any money from the club, in any form. If, as he appears to have suggested, he's borrowed from other sources, to lend to the club, then it is inconceivable to me, that the 'other sources' are not wanting repayments, and are happy to let the debt mount up. They must want their return on their investment. I simply don't believe Whittingham has an unlimited line of credit, that doesn't require repayment. If such a situation existed, then surely the original lender would have come in by now, and cut out the middleman?

We're faced with a choice between two shitty options. Neither are 'good'. Both could result in the death of the club. As fans, we have to make our own choice. Carry on as before in the wild hope that a saviour comes to our rescue before the point of no return? Or, do 'something', knowing that it may actually cause the club to fold before the knight in shining armour arrives?

Personally, I don't want to get to this time next season, with the club going out of business, and thinking to myself "I wish I'd done something when I could". But, I don't object to anyone who believes the 'carry on as before' option is the least shitty one to take.

[Keith]

I don't share criticism of The Trust & The Board for not supporting the NaPM campaign.

The Trust can only follow the direction of the majority of its members. At the moment, that majority if 'carry on as before'. If The Trust took a different approach, then that would be undemocratic, and the majority would rightly have cause for complaint.

Similarly, The Board. They have a legal obligation to the company. They can't support a boycott, even if they privately share the views of NaPM campaign. They are completely stuck. Their only option is to resign their position, but what would that achieve? Who would replace them? Whittingham puts his own Board in place, and they asset strip the club even quicker, leading to the club going out of business, but with everyone blaming The Board for resigning? They are between a rock and a hard place.

[Andy D]

I don't share criticism of The Trust & The Board for not supporting the NaPM campaign.

The Trust can only follow the direction of the majority of its members. At the moment, that majority if 'carry on as before'. If The Trust took a different approach, then that would be undemocratic, and the majority would rightly have cause for complaint.

Similarly, The Board. They have a legal obligation to the company. They can't support a boycott, even if they privately share the views of NaPM campaign. They are completely stuck. Their only option is to resign their position, but what would that achieve? Who would replace them? Whittingham puts his own Board in place, and they asset strip the club even quicker, leading to the club going out of business, but with everyone blaming The Board for resigning? They are between a rock and a hard place.

but it was only a small percentage of member’s who could actually be arsed voting, many who voted i guess are older fans who were watching Morecambe FC in the 70s, 80s, 90s and will just go with what Rod says

and be quite happy to watch us play the likes of Cockleshell Bay and away trips to Button Moon.

[BerlinWaller]

Anybody who attended the Trust meeting will tell you how half arsed Trust members are about things.

[Redalert1970]

Sorry Andy D I don't follow people like sheep

I make my own decisions and always will

[Keith]

but it was only a small percentage of member’s who could actually be arsed voting...

That's who the Trust are representing, then. If people who want something radical, can't even be bothered voting, then really, how interested are they? The Trust has to represent those older members too.

[Andy D]

but it was only a small percentage of member’s who could actually be arsed voting...

That's who the Trust are representing, then. If people who want something radical, can't even be bothered voting, then really, how interested are they? The Trust has to represent those older members too.

not saying that, just making the point of different mindsets and outlooks.

Our younger fans have only ever known Morecambe playing in the EFL, and will be a massive loss if things dont change.

The older one’s will be more laid back and philosophical being back in non league football, and just go with the flow, and remember the 70s, 80s, 90s with Rose Tinted Spectacle's.

[Billy bodger]

Andy D you Could be right on how different generations are looking at things, younger fans may well be more inclined to try and do something like being part of the NAPM campaign.

Though I’m definitely an oldie I’m supporting the NAPM camp, but I’m really hoping for a sale before the new season, I’m holding back I suppose!!

The seating early bird season tickets sales have reached about 1/3rd of last years sales, but there is no way of knowing from the website how well standing ticket sales are going and that is were many young adult fans go, so it would be interesting if anyone can find out how well they are selling.

Just everyone in their own way try to influence getting the club sold and I’m sure the fan base will hold up very very well and if we are performing on the pitch fans will come back.

Just to point out I’m not part of the 1920 union in any way, it’s a decision I’ve come to with myself, which is surprising because up to mid Feb I was totally against it.

So it’s U18 football and some away days, Oh that’s still supporting the Club! without putting coffers in Whittingham pockets.
In fact there has been no announcement about our budget has there yet? or have I somehow missed that announcement??

Latest info ‘Sale Soon’ :

[black morse]

I don't share criticism of The Trust & The Board for not supporting the NaPM campaign.

The Trust can only follow the direction of the majority of its members. At the moment, that majority if 'carry on as before'. If The Trust took a different approach, then that would be undemocratic, and the majority would rightly have cause for complaint.

Similarly, The Board. They have a legal obligation to the company. They can't support a boycott, even if they privately share the views of NaPM campaign. They are completely stuck. Their only option is to resign their position, but what would that achieve? Who would replace them? Whittingham puts his own Board in place, and they asset strip the club even quicker, leading to the club going out of business, but with everyone blaming The Board for resigning? They are between a rock and a hard place.

but it was only a small percentage of member’s who could actually be arsed voting, many who voted i guess are older fans who were watching Morecambe FC in the 70s, 80s, 90s and will just go with what Rod says

and be quite happy to watch us play the likes of Cockleshell Bay and away trips to Button Moon.

At least they would be 2 new grounds for the tick list

[Billy bodger]

When it comes to Morecambe FC “Somethings not right!” You can continue playing the game being played by those who control it or you have come to the point where you begin to think “thats it I’m out”, till the situation has changed and you walk.

From what I’ve read on here and conversations with others I think it’s apparent that there is a collective agreement that “Something is not right” it’s been apparent for a long time, it really has hasn’t it? So till the situation has changed fans are coming round to thinking “Thats it I’m out” and some are walking and that’s a shame but it’s right thing for those who do it

Those that continue playing the game and you and the Club is controlled by its owner, it’s your choice, but you cannot take away that “Somethings not right”.

[Hodgie1978]

This not not a go at the board before Neil has a little drama again but James, Rod and Graham have been very careful with the way they have talked in their interviews.
All have used the sentence "the closest we've been to a sale"
That really doesn't mean the sale is any closer does it?

[mrpotatohead]

I saw a man in a turban on Westgate today ,walking a dog, any updates on the sale?

[Redalert1970]

Probably in 2 weeks lol

[Brian Sheldon]

This not not a go at the board before Neil has a little drama again but James, Rod and Graham have been very careful with the way they have talked in their interviews.
All have used the sentence "the closest we've been to a sale"
That really doesn't mean the sale is any closer does it?

They have to be careful because there's rules they are bound to adhere to as company directors. It's often forgotten in the heat of discussion that the club is a Limited company, players are employees and supporters are clients.

[Billy bodger]

Probably in 2 weeks lol

Or, or “Sale soon”

(the original topic was first posted on March 29th), take your pick one might be right one day, or it might still be déjà vu in another six weeks!

[Redalert1970]

Another day and more silence

Will this ever come to an end

[Born again Bill]

2nd of September 2022 I was enjoying a well earned break in Scotland with some good friends . Sat in Wetherspoons in Oban my mate while looking at his phone suddenly announced “ our club had been put up for sale “. Who would have thought after all this time we would be no further on!. Sad times !!!