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ONE LAST BID FOR SURVIVAL
TOUGH DECISIONS: Jeff Mostyn
TOUGH DECISIONS: Jeff Mostyn

ADMINISTRATION now looks almost certain for Cherries after yesterday's explosive revelations.

And while the club could still technically avoid falling to the same fate as Luton Town and Leeds United before them, miracle' and Cherries' are two words long-suffering supporters are not used to seeing in the same sentence.

Next Monday's expiry of the 10-day period of protection gleaned from the club's submission of a notice of intention to Bristol County Court last week would appear to be Cherries' latest D-Day'.

The club could still opt NOT to appoint an administrator and submit a second notice of intention, but with time very much of the essence, chairman Jeff Mostyn will be well aware of another date that could be key to AFC Bournemouth's future.

After the Leeds United situation last season, when the Yorkshire outfit fell into administration AFTER they had been relegated from the Championship, the Football League moved quickly to ensure other ailing clubs could not follow the same path.

So Cherries effectively have until the Football League's March 27 cut-off to make the biggest decision in the club's history - or, should they miss it, start next season in League Two with a 10-point deficit from the off.

The Echo understands several of the club's more pressing creditors have upped the pressure in recent weeks - possibly forcing Mostyn's hand sooner than he would have liked.

It is believed one creditor, former president Stanley Cohen, is owed in excess of £150,000 - a pretty substantial single figure when looking at the club's overall debt of around £4.5m.

And with Mostyn yesterday describing the club's creditors as "aggressive" and "unhelpful", their looming presence is unlikely to disappear any time soon.

The club is certain to press for a percentage' agreement with the creditors should it fall into administration, meaning they would only receive a fraction of the money owed - leaving some of the more generous in that group severely out of pocket.

Of course, it is no secret that Mostyn and co-owner Steve Sly have undertaken a painstaking search for additional investment since they took over the club in March last year.

Mostyn revealed back in December that four potential investors were deep in negotiations with himself and Sly and it would now appear that that consortium's most likely role would be as a potential bidder for the club as a going concern from the administrators, should the directors choose to follow that path.

But that outcome is far from a certainty, with the creditors' agreement required to sanction any potential offer for the club prior to the sale's completion.

In a statement issued to the Echo yesterday, a club spokesperson said: "BDO Stoy Hayward (accountancy firm) is currently dealing with the directors of AFC Bournemouth in an advisory capacity only.

"At this stage there has been no formal appointment of administrators.

"The chairman, Jeff Mostyn, commented that this action was taken to prevent our current negotiations being frustrated by aggressive and unhelpful creditors. We were professionally advised to serve a notice of intention to appoint an administrator which we have done.

"However, the chairman stressed that the club is not in administration and it is not a forgone conclusion that it will be."

  • The Echo was unable to contact Mostyn for a further comment last night.

    7:00am Wednesday 16th January 2008

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    Posted by: alasdair, windsor/kosovo on 7:27am Wed 16 Jan 08
    as posted in the news section we need to take the points deduction NOW as there are still sufficient games left to pull of the great escape AGAIN if we are relegated and start on minus ten points after this seasons dismal preformance thus far all i can see in the future is conference football so come on lets take the deduction now and see if our players manager can prove there worth and bounce back and pull off the great escape
    Posted by: lp, christchurch on 9:01am Wed 16 Jan 08
    Well said, do it now weve nothing to lose ! we were heading down that way anyway.
    Posted by: Whodidyounickabolloc kov, Bournemouth on 9:24am Wed 16 Jan 08
    Yep I agree the sooner the better! Also if I was looking to buy AFCB I wouldn't do it until they were in Administration anyway as I would have to pay far less for the club, why would I want a club with £4mil debt instead of just £2mil for example it doesn't take a genius to work that out! So the sooner we take it the sooner we will get a new investor and some money in the club to spend on wages!
    Posted by: Hugh, Wimborne on 9:55am Wed 16 Jan 08
    If we go into administration many helpfull people in the past will loose their money, or most of it. The big question is will someone come in for the club when in Administration, if not we are dead. Had we been better placed in the league it would be more hopefull.
    Posted by: clarmcherry, London on 10:06am Wed 16 Jan 08
    Is it possible we can sack Bond on Sunday, go into administration on Monday thus not having to pay him off which in my opinion is what he deserves for refusing to walk this season?

    Although we're down this season either way, we need to install someone, whether it be Eddie, Tindall or Fletch, who has passion for the club and can motivate the players
    Posted by: irishcherry, ireland on 10:17am Wed 16 Jan 08
    Well cohen can afford it but the smaller ones are my worry they have been coned
    Posted by: smhinto, Lincoln on 10:20am Wed 16 Jan 08
    I am now of the firm belief that there is a conspiracy theory that the board of AFCB are deliberatly plotting to take this club down to league two. Just imagine the lower wages they then can pay the playing staff. The running of an even smaller squad!! The binning of the reserve team. the scrapping of the youth set-up. Yes I can see the return of the John Benson days afoot!!

    Just imagine it now: The season kicking off with just over two thousand in the ground, the scattered 'pitter patter' of clapping as the players take the field on their way to YET anaother defeat!!. Some burke sat behind the goal wearing a silly pair of sun glasses and a copy of the daily Echo under his arm. Kids running up and down the isles of the seats playing as there is plenty of room. The shortage of matchday programmes because they have only printed so many!!. A couple of twits singing "come on Bournemouth"!!!. The Council are thrillled to bits because there is no trouble or complaints from local residents. All the 'blue-rinse' old biddies will be happy as we now have a nice little football club on the edge of town that does not disrupt any official feathers!!!! The Council can now concentrate on the building of a new bowls club for all the local 'ponces' who seem to think that losing out football club is of no consequence. THIS IS SO TYPICALLY BOURNEMOUTH ISN'T IT??
    Posted by: mike park, dorchester on 10:22am Wed 16 Jan 08
    I thought we had freed ourselves from the likes of multi millionaire Stanley Cohen and others who forced the club to sale the ground.Who really got paid off under the sale and leaseback deal?
    Posted by: FletcherTheCat, The Sexy Beast on 10:23am Wed 16 Jan 08
    I don't think league position has anything to do with it. Reading between the lines of what has been said about the potential new investors it has always been my opinion that they wanted to buy the club from an administrator. Why would they want to spend millions clearing debts that have been accrued by past regimes?

    If that is the case then this is the best thing for the football club and we could be looking at finally getting this burden of debt off of our backs.
    Posted by: brock_and_roll, Brock on 10:24am Wed 16 Jan 08
    Anyone else find it ironic that today's "agressive creditors" were previously helpful investors.

    Football is by and large a mug's game for football club "investors" - today's heros and saviours almost inevitably become tomorrow's pariahs.

    Much as I love the club, I am still intrigued as to why anyone would want to buy it given that it no longer has any real assets.

    David Pearl is a very shrewd and tough businessman and there is no way if there were any development potential for the land that he would let someone get away with bargain.


    Posted by: alasdair, windsor/kosovo on 10:26am Wed 16 Jan 08
    Hugh wrote:
    If we go into administration many helpfull people in the past will loose their money, or most of it. The big question is will someone come in for the club when in Administration, if not we are dead. Had we been better placed in the league it would be more hopefull.
    i feel this what the potential investors want prior to putting there money in at the end of the day it will be cheaper for them if we are in administration as regards other comments we are not automatically down the chance of survival is still there lets not **** foot around lets go into administration now and take the points hit sooner rather than later yes it will be a huge mountain for the players to climb but this could be the turning point we could see some fight and passion from the players and manager
    Posted by: FletcherTheCat, The Sexy Beast on 10:27am Wed 16 Jan 08
    brock_and_roll wrote:
    Anyone else find it ironic that today's "agressive creditors" were previously helpful investors.

    Football is by and large a mug's game for football club "investors" - today's heros and saviours almost inevitably become tomorrow's pariahs.

    Much as I love the club, I am still intrigued as to why anyone would want to buy it given that it no longer has any real assets.

    David Pearl is a very shrewd and tough businessman and there is no way if there were any development potential for the land that he would let someone get away with bargain.


    David Pearl is the landlord. The club haven't defaulted on the rent to my knowledge and so it's really very little to do with him.
    Posted by: brock_and_roll, Brock on 10:36am Wed 16 Jan 08
    When asdministration comes (and it is inevitable), Bond will have his contract terminated and will effectively become a creditor in the queue for his payoff. As with the case of Luton, the Administrator has a duty to get the best deal for the creditors. It is not a simple matter of the debts being wiped out and the new investors walking in. The Administrator will have to balalance what they are offering compared with what he can get from realising assets (i.e. selling players). As it the case with Luton recently, a number of players had to go - I think that if Mostyn can get away with it (and I am not sure about this), he should delay adminstration till just after the end of the January transfer window as this will strengthen his hand and help the club hang onto players.
    Posted by: brock_and_roll, Brock on 10:39am Wed 16 Jan 08
    FletcherTheCat wrote:
    brock_and_roll wrote: Anyone else find it ironic that today's "agressive creditors" were previously helpful investors. Football is by and large a mug's game for football club "investors" - today's heros and saviours almost inevitably become tomorrow's pariahs. Much as I love the club, I am still intrigued as to why anyone would want to buy it given that it no longer has any real assets. David Pearl is a very shrewd and tough businessman and there is no way if there were any development potential for the land that he would let someone get away with bargain.
    David Pearl is the landlord. The club haven't defaulted on the rent to my knowledge and so it's really very little to do with him.
    Yes but Bournemouth is a property play - and he holds all the cards!

    What does the investor get apart from a loss making club, a 3 sided stadium and a large rent bill? Its not on the face of it the most exciting investment opportunity!
    Posted by: alasdair, windsor/kosovo on 10:39am Wed 16 Jan 08
    from what i understand luton have had to sell players and the investment is only up until the end feb (source sky sports web site)
    Posted by: stevedavies, New Forest on 10:44am Wed 16 Jan 08
    clarmcherry wrote:
    Is it possible we can sack Bond on Sunday, go into administration on Monday thus not having to pay him off which in my opinion is what he deserves for refusing to walk this season? Although we're down this season either way, we need to install someone, whether it be Eddie, Tindall or Fletch, who has passion for the club and can motivate the players
    Spot on with that post, it should be a no-brainer and i'm amazed that you're the first to mention it.

    This seasons a write off and you need to plan for the next and the only way that you can hit the ground running is to dump the excess baggage NOW.

    Does not matter if you start in divi 2 or the Conference you'll need to have a big time clear out to even begin to appeal to any future investors and the ideal time to do that would be the week before admin.........tosser as he is what would Ken Bates do?

    As a Bashley fan i'm sure i speak for the majority of us when i say we wish you well & every success in finding a way out of this. There will always be a Bournemouth, maybe not not in it's current incarnation but you will always have your team.
    Posted by: Garyt, Daventry on 11:14am Wed 16 Jan 08
    Most people seem to be of the opinion 'go into administration now, take a ten point hit, then build for next year with new investors'.

    While this is one scenario and maybe our best hope, let's not lose sight of the fact that, if no new investment was forthcoming, then the next step will not be building for next year, but no club!
    Posted by: clinkers, Alton on 11:21am Wed 16 Jan 08
    Don't feel too secure on the question of the lease. It probably contains a clause enabling the landlord to forfeit it (i.e. chuck the club out) if the club goes into administration. You may think that the landlord would be daft to dump a tenant, after all who else would want a football ground? The conspiracy theorists will say that the landlord will have an opportunity to redevelop. No ground, no club, its that simple.
    Posted by: FletcherTheCat, The Sexy Beast on 11:23am Wed 16 Jan 08
    brock_and_roll wrote:
    FletcherTheCat wrote:
    brock_and_roll wrote: Anyone else find it ironic that today's "agressive creditors" were previously helpful investors. Football is by and large a mug's game for football club "investors" - today's heros and saviours almost inevitably become tomorrow's pariahs. Much as I love the club, I am still intrigued as to why anyone would want to buy it given that it no longer has any real assets. David Pearl is a very shrewd and tough businessman and there is no way if there were any development potential for the land that he would let someone get away with bargain.
    David Pearl is the landlord. The club haven't defaulted on the rent to my knowledge and so it's really very little to do with him.
    Yes but Bournemouth is a property play - and he holds all the cards!

    What does the investor get apart from a loss making club, a 3 sided stadium and a large rent bill? Its not on the face of it the most exciting investment opportunity!
    The club, free of £4m of debt, is less likely to be loss-making as it won't have to service those debts... but no-one 'invests' in lower league football clubs to make a profit - unless they are mad enough to think that they can gamble and get them into the Premier League. It's something to do for fun or as a contribution to the local community.
    Posted by: Vernon Crepe, Littlehampton on 11:29am Wed 16 Jan 08
    While it is sad for the football club. How about the small businesses owed money or hundreds of fans who have loaned thousands, they will be the big losers if they see their kind loans lost forever. The Council I believe waved a huge loan payment given when the ground was built for use of facilities or something I seem to remember. So will the local tax payers also lose out when these facilities no longer are owned by AFC?

    Posted by: alumchineboy, Alumchine on 11:40am Wed 16 Jan 08
    Adminstration, 10 point deduction, sackings or whatever.......I shall be going on saturday and taking my 8 year old boy with me. He doesnt care about the financial situation or even being bottom of the table. He just loves his local club and if we let the club fold then we will be letting down all these future supporters. Relegation isn't too bad a option - at least we get to go to some new places next year ?
    Posted by: clinkers, Alton on 11:42am Wed 16 Jan 08
    Vernon Crepe wrote:
    While it is sad for the football club. How about the small businesses owed money or hundreds of fans who have loaned thousands, they will be the big losers if they see their kind loans lost forever. The Council I believe waved a huge loan payment given when the ground was built for use of facilities or something I seem to remember. So will the local tax payers also lose out when these facilities no longer are owned by AFC?
    We are all losers here, but there is nothing that we can do from now on apart from turn up in greater numbers at every home match. If support dwindles, the administrator is far more likely to sell every half decent player on the spot. However the more money there is coming via the gate, the more cash there will be for creditors, and the more potential there is for him to hang onto the better players. We need those thousands who turned up at Wembley and Cardiff. If every supporter could bring a friend to the next home game it would make a huge difference to the administrators perception of the state of affairs.
    Posted by: CherriesBearsFatHead, Poole on 12:55pm Wed 16 Jan 08
    I for one have been waiting for the day - administration is the welcome move the supporters have been yearning for.
    Finally the albatros around the clubs neck can be cast aside - questions remain whether the club will free fall into non league oblivion and also whether a buyer could still be found after the dust has settled? Potentially, we could go bust and that would be that - i for one believe that this course of events is our ONLY option (and has been for years) only time will tell if we can recover....UTCIAD
    Posted by: CherriesBearsFatHead, Poole on 12:59pm Wed 16 Jan 08
    We are all losers here, but there is nothing that we can do from now on apart from turn up in greater numbers at every home match. If support dwindles, the administrator is far more likely to sell every half decent player on the spot. However the more money there is coming via the gate, the more cash there will be for creditors, and the more potential there is for him to hang onto the better players. We need those thousands who turned up at Wembley and Cardiff. If every supporter could bring a friend to the next home game it would make a huge difference to the administrators perception of the state of affairs.


    That's all very well and good, but how many times has this been asked of the fan base and how many times have the wembley/cardiff brigade failed us?? its a sad fact but one our club is used to
    Posted by: alasdair, windsor/kosovo on 1:10pm Wed 16 Jan 08
    CherriesBearsFatHead wrote:
    We are all losers here, but there is nothing that we can do from now on apart from turn up in greater numbers at every home match. If support dwindles, the administrator is far more likely to sell every half decent player on the spot. However the more money there is coming via the gate, the more cash there will be for creditors, and the more potential there is for him to hang onto the better players. We need those thousands who turned up at Wembley and Cardiff. If every supporter could bring a friend to the next home game it would make a huge difference to the administrators perception of the state of affairs.
    That's all very well and good, but how many times has this been asked of the fan base and how many times have the wembley/cardiff brigade failed us?? its a sad fact but one our club is used to
    that is the problem with the residents of the town and surrounding areas 30000 people claimed to be attending every home game when we went to cardiff our seasons average is 5700 so where are the other 24300 ???
    Posted by: Simon, London on 1:16pm Wed 16 Jan 08
    well said - unfortunately its the 'Not the 8502' syndrome. Too many armchair premiership fans and not enough through the turnstiles will always be the problem with AFCB
    Posted by: brock_and_roll, Brock on 1:26pm Wed 16 Jan 08
    clinkers wrote:
    Don't feel too secure on the question of the lease. It probably contains a clause enabling the landlord to forfeit it (i.e. chuck the club out) if the club goes into administration. You may think that the landlord would be daft to dump a tenant, after all who else would want a football ground? The conspiracy theorists will say that the landlord will have an opportunity to redevelop. No ground, no club, its that simple.
    Quite right clinkers, the lease almost certainly contains such a clause. It is ironic that up until now it has been the restrictions that prevent the development of DC that has probabaly saved the club, otherwise it would be Wimpey Homes by now.

    If Structadene think they even have a sniff of a chance of redevlopment, then the club will be out on its ear as soon as breach occurs.

    Hence the real key to the who situation remains as always the planning rules and the interpreatation thereof.


    Posted by: brock_and_roll, Brock on 1:33pm Wed 16 Jan 08
    Its not as simple as blaming the armchair fans. After all, its not the same 5,500 that go every week - perhaps 10,000+ including myself attend games as and when they are able to, or afford it.

    The real reason why AFCB is in this mess is that they have continually spent more than they earn - a common football diseases whereby clubs, under pressure to success, put the cart before the horse.

    If the club survives (which it will in some form) it must set up a new constitution that prevents it from ever having an overdraft or any other form of debt. Secondly the club must make a budget based on Div 2 gates and only pay wages and expenses that are covered by these gates. Only then will the club have the stability to build success instead of lurching from one saviour to another - over the years we have had more "saviours" than they had in the Life of Brian!
    Posted by: Noel, Bournemouth on 1:35pm Wed 16 Jan 08
    clinkers wrote:
    Don't feel too secure on the question of the lease. It probably contains a clause enabling the landlord to forfeit it (i.e. chuck the club out) if the club goes into administration. You may think that the landlord would be daft to dump a tenant, after all who else would want a football ground? The conspiracy theorists will say that the landlord will have an opportunity to redevelop. No ground, no club, its that simple.
    At one point Bournemouth Council had a covenant on the ground saying it could only be used as a sporting venue. I presume that still applies.

    Mind you, with Bond as manager are we in breach of that covenant anyway?
    Posted by: hobbzi, bath on 1:46pm Wed 16 Jan 08
    I do recall the potential investors that were in DEEP discussions were looking at the ground and surrounding land. No one will buy the club with 4m plus of debt so administration is the only option. Like everyone has said you must be mad to buy a club with no assets. So have these investors either gone running or have they a plan to buy the ground first then the club at a very cheap price. Any business man with a bit of sence will only touch the club if they have the deeds for the land and stadium. I find it hard and sad that the attraction of buying a business that looses money week in week out is not looking good. I do hope that there is someone with the money to put the club back where it belongs. Climbing the Football League and keep the red flag flying high
    Posted by: CherriesBearsFatHead, Poole on 2:06pm Wed 16 Jan 08
    In the words of Han Solo - "i have a bad feeling about this!"
    This could very well be the final nail in Boscombe's coffin, and these thoughts are mirrored by a couple of season tickets holders that i work with before anyone complains! The football club can not go on like this, money problems and bad financial decisions have been ever present since i first started being a supporter back in '88 - i thought all clubs were like us!!
    I am keeping everything crossed but just like the weather, the black clouds are looming....UTCIAD
    Posted by: john coombes, Tiverton on 2:37pm Wed 16 Jan 08
    after reading the postings on this site, we seem to be blaming everyone from the 24000 extras who went to Wembley and Cardiff to the tea lady who uses tetleys tea bags instead of safeways own brand, the blame lays firmly in on direction only all the directors of the past who have continually allowed this debt to rise with no effort to solve the problem, we are now left a club with no assets no ground and no players worth anything, if this was any other business it would go into liquidation, directors have never understood what the club means to the fans and only want us to be involved when things get so bad they do not know what to do next, as with most fans I hope the club survives but at what cost, no investor will ever get planning consent from our council to develop the ground and why would they want to develop a ground that does not belong to the club.
    Posted by: clinkers, Alton on 2:54pm Wed 16 Jan 08
    Noel wrote:
    clinkers wrote: Don't feel too secure on the question of the lease. It probably contains a clause enabling the landlord to forfeit it (i.e. chuck the club out) if the club goes into administration. You may think that the landlord would be daft to dump a tenant, after all who else would want a football ground? The conspiracy theorists will say that the landlord will have an opportunity to redevelop. No ground, no club, its that simple.
    At one point Bournemouth Council had a covenant on the ground saying it could only be used as a sporting venue. I presume that still applies. Mind you, with Bond as manager are we in breach of that covenant anyway?
    Covenants mean nothing in the property development world. You can always buy your way out of a covenant for a price. It all depends on the difference in value between land with a sporting use and land with a housing use. That's a no brainer. The Council have to look after taxpayers' interests, so there has to be a price at which they would waive the covenant.
    Posted by: Andy, Bournemouth on 3:02pm Wed 16 Jan 08
    as one of the 24000 that went to the wembley/cardiff game - i have tried to get into watching AFCB but each time i have gone the football has been diabolical. It is more fun playing it myself, watching a local non-league game or seeing a premiership match on the box.
    The other gripe is that you see the players out in town thinking they are all goldenballs...
    going into administration will buck the whole clubs ideas up and help return the professional image the club had in the 80's under Harry.
    Posted by: Richard, Bournemouth on 3:04pm Wed 16 Jan 08
    For all the comments about the missing 24,000, those contributors seem to miss the fact that they would'nt all fit in the ground!

    I agree with the poster who said that many people are restricted by affordability and if they are, it does'nt make them any less of a fan, it just means that they have other priorities for their income. I regularly read stuff about who's a better fan than who and it's all rubbish.

    I go to as many home games as I can, but my job demands that I
    work many weekends and then I'm left with Radio Solent's coverage and shouting at the radio.

    Most football clubs have an unsatisfactory business model, that's why the game depends on Sky and wealthy foreiners to bail it out all the time.
    Posted by: formula, Bournemouth on 3:18pm Wed 16 Jan 08
    As a life long Bolton fan i can sympathise with all your post here ,this all reminds me of when we was in the old 4th div and going into administration. unfortunatley bolton has been miss managed over the last 8yrs or so and a chairman more intrested in taking out of the club more then ivesting it back in the team, i live just round the corner from BAFC and would of come to see the cherries but what put me off was the 15 quid ticket price, when just over a year ago i was watching premiership football for an extra tenner at the reebok ... anyway just like to say Hi and keep the faith ... i hope somethings sorted out soon
    Posted by: Kevvo on 3:20pm Wed 16 Jan 08
    Andy wrote:
    as one of the 24000 that went to the wembley/cardiff game - i have tried to get into watching AFCB but each time i have gone the football has been diabolical. It is more fun playing it myself, watching a local non-league game or seeing a premiership match on the box. The other gripe is that you see the players out in town thinking they are all goldenballs... going into administration will buck the whole clubs ideas up and help return the professional image the club had in the 80's under Harry.
    So why did you go to Cardiff but you are right thing where better a few Years ago but the Club has to do something now and try to manage on its low attendances
    Posted by: stevedavies, New Forest on 4:36pm Wed 16 Jan 08
    According to the Chippenham Town forum Rob Newman was up there scouting last night scouting the Chippenham Bromsgrove game, can't think that he's in any great peril if he was out on a night like last night scouting can he?
    Posted by: PeterA, Hindhead on 4:39pm Wed 16 Jan 08
    The key matter now is that the club survivies and if administration can secure this, a big IF I know, this has to be the way to go. It does not matter to me if we are in the Conference next season as long as we are playing competitive football and I can still have my Saturday fix (a beer or two, meeting my mates and having a shout!).

    Surely AFCB are not the only club drifting into this situation, how od clubs with lower attendances etc. survive, is our financial maamngement worse than other clubs.

    Ultimately this all ocmes down to money in football gravitiating to the top where it is not needed and largely wasted on inflated salaries. THe Premier league is the worst thing to ever happen to English football, does anybody agree?
    Posted by: brock_and_roll, Brock on 4:56pm Wed 16 Jan 08
    The covenant was originally from the Cooper-Dean family that gifted the land on the understanding that it would be used for recreation & leisure. The land remains zoned as such by Bournemouth Council.

    Could it be developed? - possibly - never say never in the world of property; but as I said previously David Pearl is very shrewd - he is not going to sell to an investor for a "bargain" price if there is a chance of a big payday.

    However, I think a lot of us picked up on Mostyn's quote where he said that investors had toured the stadium AND SURROUNDING LAND...hint hint hint.

    As it happens I do no one lifelong cherries fan is the City who can well afford to buy the club. He said he would buy the club when it was down to its last blad of grass -perhaps this is the time (presuming of course that we still own the grass!!)

    Posted by: Kevvo on 5:22pm Wed 16 Jan 08
    stevedavies wrote:
    According to the Chippenham Town forum Rob Newman was up there scouting last night scouting the Chippenham Bromsgrove game, can't think that he's in any great peril if he was out on a night like last night scouting can he?
    Scouting to get a new job I expect
    Posted by: Kevvo on 5:26pm Wed 16 Jan 08
    PeterA wrote:
    The key matter now is that the club survivies and if administration can secure this, a big IF I know, this has to be the way to go. It does not matter to me if we are in the Conference next season as long as we are playing competitive football and I can still have my Saturday fix (a beer or two, meeting my mates and having a shout!). Surely AFCB are not the only club drifting into this situation, how od clubs with lower attendances etc. survive, is our financial maamngement worse than other clubs. Ultimately this all ocmes down to money in football gravitiating to the top where it is not needed and largely wasted on inflated salaries. THe Premier league is the worst thing to ever happen to English football, does anybody agree?
    I must apologise to you PeterA I could never understand why you were sick of us complaining about the abilitie or rather lack of it of Bond Now I realise that it doesnt matter to you if we are in the Conferance as you put it so of course it would not matter how bad the Manager was, Personally I hope we dont go any lower than we have to to get out of this mess.
    Posted by: PETE WOODLEY on 5:33pm Wed 16 Jan 08
    clinkers wrote:
    Noel wrote:
    clinkers wrote: Don't feel too secure on the question of the lease. It probably contains a clause enabling the landlord to forfeit it (i.e. chuck the club out) if the club goes into administration. You may think that the landlord would be daft to dump a tenant, after all who else would want a football ground? The conspiracy theorists will say that the landlord will have an opportunity to redevelop. No ground, no club, its that simple.
    At one point Bournemouth Council had a covenant on the ground saying it could only be used as a sporting venue. I presume that still applies. Mind you, with Bond as manager are we in breach of that covenant anyway?
    Covenants mean nothing in the property development world. You can always buy your way out of a covenant for a price. It all depends on the difference in value between land with a sporting use and land with a housing use. That's a no brainer. The Council have to look after taxpayers' interests, so there has to be a price at which they would waive the covenant.
    every time i have said this idiots like Fergie have a go he knows best,you are right.
    Posted by: alasdair, windsor/kosovo on 5:39pm Wed 16 Jan 08
    Richard wrote:
    For all the comments about the missing 24,000, those contributors seem to miss the fact that they would'nt all fit in the ground! I agree with the poster who said that many people are restricted by affordability and if they are, it does'nt make them any less of a fan, it just means that they have other priorities for their income. I regularly read stuff about who's a better fan than who and it's all rubbish. I go to as many home games as I can, but my job demands that I work many weekends and then I'm left with Radio Solent's coverage and shouting at the radio. Most football clubs have an unsatisfactory business model, that's why the game depends on Sky and wealthy foreiners to bail it out all the time.
    im not doubting that they could not all fit in the ground at the same time all im saying is they are glory day supporters i dont see 30000 standing in a line waiting to buy tickets for a mid week jan game as i said seasons average 5700 leaving more than enough tickets for the missing 24000 if the ground where to be full week in week out then we would not be in as much debt as we are ,no matter what league your side is in you need the support of the fans as stated by many a manager the fans where like a 12th man !
    Posted by: Kevvo on 5:54pm Wed 16 Jan 08
    alasdair wrote:
    Richard wrote: For all the comments about the missing 24,000, those contributors seem to miss the fact that they would'nt all fit in the ground! I agree with the poster who said that many people are restricted by affordability and if they are, it does'nt make them any less of a fan, it just means that they have other priorities for their income. I regularly read stuff about who's a better fan than who and it's all rubbish. I go to as many home games as I can, but my job demands that I work many weekends and then I'm left with Radio Solent's coverage and shouting at the radio. Most football clubs have an unsatisfactory business model, that's why the game depends on Sky and wealthy foreiners to bail it out all the time.
    im not doubting that they could not all fit in the ground at the same time all im saying is they are glory day supporters i dont see 30000 standing in a line waiting to buy tickets for a mid week jan game as i said seasons average 5700 leaving more than enough tickets for the missing 24000 if the ground where to be full week in week out then we would not be in as much debt as we are ,no matter what league your side is in you need the support of the fans as stated by many a manager the fans where like a 12th man !
    dead right
    Posted by: alasdair, windsor/kosovo on 6:44pm Wed 16 Jan 08
    lets be positive afcb have 22 games left to play this season thats 66 points to play for potential of 76 points !(if we do go into administration now(and win every game left) )
    Posted by: Vernon Crepe, Littlehampton on 7:41pm Wed 16 Jan 08
    well at the ging rate with 22 odd games to play, about 15 points max. The manager is obviously after the worst record in the history of the game. Also most people are more worried about things close to home to fret about some people who purporte to run the local team.
    Posted by: richard.board, southampton on 8:31pm Wed 16 Jan 08
    very bad stuff on here tonight.the feeling that the club must survive,it is my opinion that there are no investors at all. is it possible
    to get out of this. we will but god knows.
    Cohen swept through our front door and gave us money. sad thing is he is supposed to be loaded-and could write the debt off-he is not on his uppers-all at once.forget the money-we all said that when we sold the stadium-they sold the fans down the river.
    the people i blame most is the managing director and his board who built the stadium.did they ever tthey would ever get paid.surely we had to tart up dean court- but the stadium is and has killed us. the stadium was sanctioned by a board who knew they could not afford it.they have put us in mess.
    Posted by: Nixtrix_afcb, Sheffield on 8:43pm Wed 16 Jan 08
    Interesting suggestion that the administrator will sell the assets to pay off the creditors, i.e. the players, that'll cover o/s debts of what, £500!!
    Posted by: Kevvo on 9:47pm Wed 16 Jan 08
    Nixtrix_afcb wrote:
    Interesting suggestion that the administrator will sell the assets to pay off the creditors, i.e. the players, that'll cover o/s debts of what, £500!!
    Get Bond Newman all the Players we have paid to sit on their arses all season out and save the wage bill Your right the rest aint worth washers but drastic as it is this is the best excuse to get shot of the parasites that should have gone on their own accord
    Posted by: PeterA, Hindhead on 6:41am Thu 17 Jan 08
    Kevvo wrote:
    PeterA wrote: The key matter now is that the club survivies and if administration can secure this, a big IF I know, this has to be the way to go. It does not matter to me if we are in the Conference next season as long as we are playing competitive football and I can still have my Saturday fix (a beer or two, meeting my mates and having a shout!). Surely AFCB are not the only club drifting into this situation, how od clubs with lower attendances etc. survive, is our financial maamngement worse than other clubs. Ultimately this all ocmes down to money in football gravitiating to the top where it is not needed and largely wasted on inflated salaries. THe Premier league is the worst thing to ever happen to English football, does anybody agree?
    I must apologise to you PeterA I could never understand why you were sick of us complaining about the abilitie or rather lack of it of Bond Now I realise that it doesnt matter to you if we are in the Conferance as you put it so of course it would not matter how bad the Manager was, Personally I hope we dont go any lower than we have to to get out of this mess.
    Kevvo - You completly miss the point here. What I am saying is the key thing is the the clubs survivies. If I take your apparent view you would rather the club folds than survives but in a lower league. Are you saying that? Our predicament this season has little to do with the manager, it is all about money. The team started the season with an arm tied behinds its back. If fault lies anywhere (and I doubt it does) this is just a culmination of circumstances) it is in years of financial mismanagement.
    Posted by: Vernon Crepe, Littlehampton on 9:21am Thu 17 Jan 08
    It annoys me when people like Lawrence Jones sits on a nice little job with the club after he supported sale and lease back so publically. These people should have the grace to go, they have quite obviously failed our club.
    Posted by: Ian, Moordown on 9:52am Thu 17 Jan 08
    Just get on with it and out them into administration. Football is no longer “the beautiful game” and the less teams there are the better!
    Posted by: stevedavies, New Forest on 10:37am Thu 17 Jan 08
    Ian wrote:
    Just get on with it and out them into administration. Football is no longer “the beautiful game” and the less teams there are the better!
    Think you'll find it's still the same game mate, the people that run it have always been ugly - so what would you prefer lots of local teams or just have Mank Utd playing the Arse on a weekly basis.

    Strange viewpoint that you've got there
    Posted by: Kevvo on 11:07am Thu 17 Jan 08
    PeterA wrote:
    Kevvo wrote:
    PeterA wrote: The key matter now is that the club survivies and if administration can secure this, a big IF I know, this has to be the way to go. It does not matter to me if we are in the Conference next season as long as we are playing competitive football and I can still have my Saturday fix (a beer or two, meeting my mates and having a shout!). Surely AFCB are not the only club drifting into this situation, how od clubs with lower attendances etc. survive, is our financial maamngement worse than other clubs. Ultimately this all ocmes down to money in football gravitiating to the top where it is not needed and largely wasted on inflated salaries. THe Premier league is the worst thing to ever happen to English football, does anybody agree?
    I must apologise to you PeterA I could never understand why you were sick of us complaining about the abilitie or rather lack of it of Bond Now I realise that it doesnt matter to you if we are in the Conferance as you put it so of course it would not matter how bad the Manager was, Personally I hope we dont go any lower than we have to to get out of this mess.
    Kevvo - You completly miss the point here. What I am saying is the key thing is the the clubs survivies. If I take your apparent view you would rather the club folds than survives but in a lower league. Are you saying that? Our predicament this season has little to do with the manager, it is all about money. The team started the season with an arm tied behinds its back. If fault lies anywhere (and I doubt it does) this is just a culmination of circumstances) it is in years of financial mismanagement.
    Tut Tut naughty
    I am clearly saying that I hope we dont have to go as low as that to get out of this mess so of course I am not saing I would rather the Club folds You are right its not just this Chairman its been going on for Years but I have a sneaking suspicion that Good Old Jeff has something up his sleeve for the benifit of all especially himself.
    Posted by: PeterA, Hindhead on 6:32pm Thu 17 Jan 08
    You may be right Kevvo, is Jeff such a shining knight or is he in it for himself, However, even getting hold of the club post admin and "debt free" does not really represent a good investment does it?
    Posted by: Kevvo on 8:15pm Thu 17 Jan 08
    PeterA wrote:
    You may be right Kevvo, is Jeff such a shining knight or is he in it for himself, However, even getting hold of the club post admin and "debt free" does not really represent a good investment does it?
    No its not a good investment on Paper but the bit I cant understand is Good Old Jeff must have known the state the Clubs finances where in But he still wanted it now he is openly saying that he doesnt want any other offers for the Club so he can keep control of it. Now if (and I believe he is) the shrewd Businessman that everyone says he is why would he want to do that if he didnt think he would get a return and dont say because he loves the Club because shrewd Businessmen dont act with their Heart and he of course is a Man City Supporter so its all very interesting and maybe I am an optimist but I think we will get out of this
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