[metallilad]

So how do we get to the point that we've ended up with one man owning such a majority when I (just like many others) chucked money into a club that was dead on its feet to keep it going? What happened to give Dave Allen the keys to the ground and for me not to see any return on my money?

In all honesty, I'm not bothered about any money back but I just can't understand how Dave Allen can be the owner when the supporters owned the club.

This post has been edited by metallilad: 29 October 2016 - 06:07 PM

[jonnythespireite]

metallilad, on 29 October 2016 - 06:06 PM, said:

So how do we get to the point that we've ended up with one man owning such a majority when I (just like many others) chucked money into a club that was dead on its feet to keep it going? What happened to give Dave Allen the keys to the ground and for me not to see any return on my money?

In all honesty, I'm not bothered about any money back but I just can't understand how Dave Allen can be the owner when the supporters owned the club.

There was the very small matter of the supporters being several million quid short when it came to paying for the new ground.

[azul]

metallilad, on 29 October 2016 - 06:06 PM, said:

So how do we get to the point that we've ended up with one man owning such a majority when I (just like many others) chucked money into a club that was dead on its feet to keep it going? What happened to give Dave Allen the keys to the ground and for me not to see any return on my money?

In all honesty, I'm not bothered about any money back but I just can't understand how Dave Allen can be the owner when the supporters owned the club.

You seem to be lacking a basic knowledge of history which is surprising as you seem to have been around for ages

CFFS relinquished control to the likes of Hubbard because we couldn't fund/run the club at Saltergate

Hubbard got DA involved so he could finance the stadium. After becoming the majority shareholder, DA then blackmailed CFSS into reliquishing its minority shareholding so he could have > 80% of the club and do away with any pesky opposition. If my memory is clear, over 75% of CFSS's 1000 or so members voted for the sale to DA, I did not

And here we are

This post has been edited by azul: 29 October 2016 - 06:29 PM

[metallilad]

azul, on 29 October 2016 - 06:26 PM, said:

You seem to be lacking a basic knowledge of history which is surprising as you seem to have been around for ages

CFFS relinquished control to the likes of Hubbard because we couldn't fund/run the club at Saltergate

Hubbard got DA involved so he could finance the stadium. After becoming the majority shareholder, DA then blackmailed CFSS into reliquish its minority shareholding so he could have > 80% of the club and do away with any pesky opposition. If my memory is clear, over 75% of CFSS's 1000 or so members voted for the sale to DA, I did not

And here we are

Fair enough.

[azul]

metallilad, on 29 October 2016 - 06:29 PM, said:

Fair enough.

And another thing that irritates me is all the people who say, where would we be if we had stayed at Saltergate.

My guess, struggling, a perennial yo-yo team between 3rd and 4th tier football but with less debt

[Ernie Ernie Ernie]

azul, on 29 October 2016 - 06:39 PM, said:

And another thing that irritates me is all the people who say, where would we be if we had stayed at Saltergate.

My guess, struggling, a perennial yo-yo team between 3rd and 4th tier football but with less debt

I don't think we would have seen much of league 1

[azul]

Ernie Ernie Ernie, on 29 October 2016 - 06:43 PM, said:

I don't think we would have seen much of league 1

We'll never know about that one but one thing for sure is we'd never has seen this £8M plus debt with year upon year of > £1M losses

[The Black Triangle]

azul, on 29 October 2016 - 06:39 PM, said:

And another thing that irritates me is all the people who say, where would we be if we had stayed at Saltergate.

My guess, struggling, a perennial yo-yo team between 3rd and 4th tier football but with less debt

In a similar position to Hereford Utd I'd wager.

[azul]

The Gimp, on 29 October 2016 - 07:50 PM, said:

In a similar position to Hereford Utd I'd wager.

I guess thinking that way makes people feel better, bless

[whittman]

azul, on 29 October 2016 - 06:26 PM, said:

You seem to be lacking a basic knowledge of history which is surprising as you seem to have been around for ages

CFFS relinquished control to the likes of Hubbard because we couldn't fund/run the club at Saltergate

Hubbard got DA involved so he could finance the stadium. After becoming the majority shareholder, DA then blackmailed CFSS into reliquishing its minority shareholding so he could have > 80% of the club and do away with any pesky opposition. If my memory is clear, over 75% of CFSS's 1000 or so members voted for the sale to DA, I did not

And here we are

Also when Allen was involved at Wednesday he allowed the Owls supporters group to own some shares which he later found out was an hindrance to him when he was trying to alter how the club was run

Hence one of the first things he did here was to make sure CFSS did not have the power to cause him a similar problems

This post has been edited by whittman: 29 October 2016 - 08:00 PM

[Snowflake McBedwetter]

Ernie Ernie Ernie, on 29 October 2016 - 06:43 PM, said:

I don't think we would have seen much of league 1

Hold the memories dear. The way we're going, we'll not be seeing league 2 for long.

[Forever a Spireite]

azul, on 29 October 2016 - 07:47 PM, said:

We'll never know about that one but one thing for sure is we'd never has seen this £8M plus debt with year upon year of > £1M losses

Thanks to our esteemed CEO. Wen will town fans realise where the problem lies. Then go up the ladder and hold somebody accountable TURNER OUT

[Misnomer]

Forever a Spireite, on 29 October 2016 - 08:53 PM, said:

Thanks to our esteemed CEO. Wen will town fans realise where the problem lies. Then go up the ladder and hold somebody accountable TURNER OUT

Personally, I prefer to use the most logical view: Allen employs Turner. Allen has witnessed what Turner has done, yet still employs him; tells its own story.

[Forever a Spireite]

Can you explain your logic. Turnipe is as far as you can go with paid(inc 5% skim) employees. As CEO he runs the club day to day. Apparently quite badly looking at the club accounts over the last 5 years.

[Goku]

How can you not understand the logic in his post?