[moondog]

Darcy Sarto, on 14 January 2019 - 10:42 PM, said:

I'm sure I heard another managerial exit has cost the club £150k.

You did, albeit for the 3 of them

[Nivo]

MDCCCLXVI, on 14 January 2019 - 09:45 PM, said:

Okay, a quick resume off the top of my head.

Well very quick, as an old lad at the front summed things up pretty well when he said the whole event was more or less pointless.

Top table was the ass' d' called Alison (who to her credit admitted she'd had a very low profile to that point), John Croot, Mike Warner, Ashley Carson (reports of his exit are clearly premature), the Shorts bloke (who looked as uncomfortable as anyone else), Steve Coe, Lesley Brentnall and Graham Bean.

Chairman Warner began with an apology. An admission of how embarrassing and desperate everything is. But I'm not sure why he was apologising when he, like the rest of 'em, was a powerless bystander to a large degree.

We then had a discussion of the finances, including an admission by Carson CFC is on course to lose another million and a half this year. There was bewildered exasperation from the floor alongside questions why it was being allowed to happen? Again? After everything that'd happened before? 'Dave Allen' was the answer that invariably came back. His club, his decisions, his money. And the Board couldn't really do anything except what they were told.

And that's kinda how it went all evening. Shareholders questioned, they criticised, they got angry. Yet the only bloke who could properly reply wasn't there. Infact there might as well have been a replay of the last two or three AGM's for all the difference it made.

Apparently Town's available for six million. Debt free. They'd rather sell to fans, too. Supposedly. There've also been bids of a quid. Not a quid per share, but a quid for the whole lot. Which by the way it is, no splitting of the (profitable) C&B facilities from the football side. Oh, and if there's no longer football played there the site reverts back to Wilson Bowden. Which means Dave Allen can't redevelop himself.

There was a challenge to Bean about the contradiction of proposing a re-engagement with fans whilst at the same time pursuing them for an understandable protest. He said he'd no choice as Chesterfield FC was on the authorities' radar for far too many pitch invasions. Though he didn't say how many were by Town fans, how many by visiting fans or how many were merely celebratory.

Anyway, that's about it. Hopefully someone else will offer a more comprehensive, perhaps accurate account. 'Cos all I feel right now is a sense of enormous futility...

The body language of the chap from Shorts gave a lot away. He looked decidedly uncomfortable.

[Bankrobber]

Re the pitch invasions...GB was at pains to mention that any bans dished out can be appealed within 14 days. The impression I got from that was that the club simply have to be seen to be doing something punitive, but might privately not be so harsh.

[martatcross]

moondog, on 14 January 2019 - 09:49 PM, said:

What worries me with the land reverting to Wilson Bowden is there appears to be nothing to stop them doing a deal to sell it to DA

Or to Lidl

[azul]

moondog, on 14 January 2019 - 09:49 PM, said:

What worries me with the land reverting to Wilson Bowden is there appears to be nothing to stop them doing a deal to sell it to DA

It’ll go to the highest bidder presumably?

Let’s face it after the manuevering DA did with the charge on the ground a few years back, many of us thought, as the major creditor, it would go straight to him if he decided to liquidate the club.

If he has to buy it back, even for peppercorn, it is at least an unwanted complication for him.

As always it will be the town council who decides any change of use. Call me a cynic but that was never likely to be an obstical for a determined developer.

[born in 1866]

calvin plummers socks, on 14 January 2019 - 09:29 PM, said:

FL requirement (maybe dropped now were non-league.

It's actually quite cheap and big discount through PFA for clubs.

We were a league club when COG was injured so you say insurance is a requirement but the club says we paid a fortune in medical expenses.
I'm confused.

[Nivo]

Mr. Carson did make one interesting, and perhaps insightful comment last night, the owner does realise he will never get all of his money back.

Yet Mr. Allen continues to pump money into the club on this basis.

[calvin plummers socks]

born in 1866, on 15 January 2019 - 01:55 AM, said:

We were a league club when COG was injured so you say insurance is a requirement but the club says we paid a fortune in medical expenses.
I'm confused.

Oh yes that's true he was- Gawd knows what they were spending money on then

[Bankrobber]

calvin plummers socks, on 15 January 2019 - 07:08 AM, said:

Oh yes that's true he was- Gawd knows what they were spending money on then

Unfortunately an example of the lack of control over spending being the re-signing of injury prone Drew

This post has been edited by Bankrobber: 15 January 2019 - 07:43 AM

[Tha Knows...]

azul, on 15 January 2019 - 12:12 AM, said:

It’ll go to the highest bidder presumably?

Let’s face it after the manuevering DA did with the charge on the ground a few years back, many of us thought, as the major creditor, it would go straight to him if he decided to liquidate the club.

If he has to buy it back, even for peppercorn, it is at least an unwanted complication for him.

As always it will be the town council who decides any change of use. Call me a cynic but that was never likely to be an obstical for a determined developer.

It's not cynicism it's simply incorrect to suggest changing the use of the stadium land would be a feasible objective.

[dtp]

calvin plummers socks, on 14 January 2019 - 09:29 PM, said:

FL requirement (maybe dropped now were non-league.

It's actually quite cheap and big discount through PFA for clubs.

Well, we were in the FL last season, so if you are correct then we would have had insurance cover.

But, as most of us will have discovered, insurance isn't a blank cheque and there will be certain costs which are not covered, excesses applicable, limitations on certain claims etc. Also, in view of our terrible track record with injuries over the last few seasons, even though we have employed some of the best physios in the game, is it possible premiums will have increased because there is no way we've kept any form of no claims bonus?

[The Earl of Chesterfield]

Focussing on injury costs skips over other areas that were/are controllable, though.

Take the energy bill, for example. Up significantly - yet have any efforts been made to address that? Any efforts to seek better deals? Okay, small time in the overall scheme of things, but it puts Carson's 'looking at all areas to make savings' claims at previous AGM's - claims which Bean and the ass' d's repeated mantra-like last night - into perspective.

As does his decision to hire the scandal associated Andrea Hooley without advertising any position.

Infact never has the term 'talk is cheap' seemed more ironic...

[jack bauer]

firedodger, on 14 January 2019 - 08:21 PM, said:

Just had a read through, very good. Nice to see the £6 million price tag for a debt free club, at least I know how much I need on the euromillions now.

so is this the actual price of purchasing cfc then? personally i'm just short of £6million short but for anyone interested can they take it that this is the sale price?

[erniemossity]

jack bauer, on 15 January 2019 - 09:15 AM, said:

so is this the actual price of purchasing cfc then? personally i'm just short of £6million short but for anyone interested can they take it that this is the sale price?

Yes. AC was questioned further on this a few times, and it’s 6 mill lock stock and barrel. Includes the stadium, the conferencing and all DAs shares (83% ish) and all debt is written off.
However, add into the equation that DA has said he’s not selling now until back in the league, so no doubt that figure will increase if that happens.

This post has been edited by erniemossity: 15 January 2019 - 09:21 AM

[Tha Knows...]

Anybody's guess how much extra he would have to put in to fund a promotion drive, 1 - 2m ?

[Mr Mercury]

erniemossity, on 15 January 2019 - 09:20 AM, said:

Yes. AC was questioned further on this a few times, and it’s 6 mill lock stock and barrel. Includes the stadium, the conferencing and all DAs shares (83% ish) and all debt is written off.
However, add into the equation that DA has said he’s not selling now until back in the league, so no doubt that figure will increase if that happens.

That’s a good point re selling price now and selling back in the league. One or two of us pondered last night that let’s say our multi millionaire uncle passed away leaving us millions and we knocked on Dave’s door with a £6m cheque to buy the club, would he accept it and walk away?
I’ve got my doubts!

This post has been edited by Mr Mercury: 15 January 2019 - 09:40 AM

[Security66]

Mr Mercury, on 15 January 2019 - 09:39 AM, said:

That’s a good point re selling price now and selling back in the league. One or two of us pondered last night that let’s say our multi millionaire uncle passed away leaving us millions and we knocked on Dave’s door with a £6m cheque to buy the club, would he accept it and walk away?
I’ve got my doubts!

No,he'd want 7,if you offered 7 he'd want 8 etc.

[whittman]

Nivo, on 14 January 2019 - 10:55 PM, said:

The body language of the chap from Shorts gave a lot away. He looked decidedly uncomfortable.

Yes it looked as though he did not want to answer many questions

[JonB]

whittman, on 15 January 2019 - 09:48 AM, said:

Yes it looked as though he did not want to answer many questions

I suspect sitting in front of a fair amount of very unhappy football fans wanting answers to questions is not a place he usually finds himself in!!

[Blue5]

erniemossity, on 15 January 2019 - 09:20 AM, said:

Yes. AC was questioned further on this a few times, and it’s 6 mill lock stock and barrel. Includes the stadium, the conferencing and all DAs shares (83% ish) and all debt is written off.
However, add into the equation that DA has said he’s not selling now until back in the league, so no doubt that figure will increase if that happens.

Lucas Cominelli's group had agreed a purchase price of £5.1M. Since then there has been further deterioration both in terms of our league status and the company's net worth, but Ashley has confirmed despite this, the owner now wants £6M.

When someone finds the goalposts, if they could concrete them down it would be appreciated!

This post has been edited by Blue5: 15 January 2019 - 10:01 AM