Cherries: Mitchell confirms 850 season ticket sales (From Thisisdorset)

I'm often accused of taking any chance I can get to have a go at the board and I'm sure this time will be no different, but can someone please tell me how we will get through the summer? This is a serious question, not some attempt to belittle the efforts to raise money, but I genuinely do not see how this club can survive by spending this money now, even if it is an attempt to have the embargo. I don't understand how we will pay the rent, wages, bills and other costs for three months without this money. If someone can tell me why I'm wrong I'll be happy to listen but in my view this idea is more dangerous to the clubs fututre than the embargo will ever be.

Halve an outstanding tax debt??

But aren't the new rules if you owe HMRC you get an embargo?? Where did this tax debt come from have we not be paying them either this year?? Replacing legacy debt with new debt??

Maybe the board are collecting embargoes like they are CCJs, some sort of medal of "honour". We owe more in CCJs now than when Sport 6 were in charge.

I have a slightly different question. If we can't sign anyone because the transfer window is now closed why do we need to move hell and high water to lift the embargo?

so if we dont sell the tickets and people buy them in say july how do we get through the summer? i would have thought paying off the debt now means a hell of alot less interest to mount up, meaning we dont need as much cash to survive. i suggest give it a go and pay off the debt, couple of loan players in place and go up. by the way do we get money depending on where we finish in the league, if so how much? i know this happens in the prem, but i have to be honest and say i dont know about our league. maybe finishing top/second means alot more than say 8!!

I'm affraid that's the inevitible consequence of buying a loss making buisness that is drowning in historical debt and refusing to invest any money in it.

3231brian wrote:
I have a slightly different question. If we can't sign anyone because the transfer window is now closed why do we need to move hell and high water to lift the embargo?

The window being closed means we can't sign permanent players but loanees are allowed again now if we didn't have an embargo - until the end of March i think.

tricky1007 wrote:
so if we dont sell the tickets and people buy them in say july how do we get through the summer? i would have thought paying off the debt now means a hell of alot less interest to mount up, meaning we dont need as much cash to survive. i suggest give it a go and pay off the debt, couple of loan players in place and go up. by the way do we get money depending on where we finish in the league, if so how much? i know this happens in the prem, but i have to be honest and say i dont know about our league. maybe finishing top/second means alot more than say 8!!

I'm assuming your question is serious so here is the answer. You pay Julys wage bill with the money you receive in July. Using your logic, how will the July wage bill now be paid?

it a risk but in business you have to take risks. I presume they are selling conferance space etc throughout the summer which must help a little with the cash flow. The days of football clubs surviving of gate receipts are long gone.

daveeleven wrote:
I'm often accused of taking any chance I can get to have a go at the board and I'm sure this time will be no different, but can someone please tell me how we will get through the summer? This is a serious question, not some attempt to belittle the efforts to raise money, but I genuinely do not see how this club can survive by spending this money now, even if it is an attempt to have the embargo. I don't understand how we will pay the rent, wages, bills and other costs for three months without this money. If someone can tell me why I'm wrong I'll be happy to listen but in my view this idea is more dangerous to the clubs fututre than the embargo will ever be.

I'd like to disagree but can't. It seems like madness to me. Dave 11 has said it all.
There are two possibilities.
1. Eddie M has lined up some investors for the summer, so is not particularly worried about no income in the summer. (Very unlikely).
2. Prefer not even to address that one.

i urge as many supporters to go and
buy one. if finances allow.
c o y r

Whilst I dont doubt EM'sefforts to keep the club going, these "spend now, worry later"arrangments are a very dangerous game.

Legally, it is no use the directors saying that they will worry about how to pay the bills in the close season "when they get there", having spent the season ticket income now.

As I am sure EM is aware, continuing to trade whilst insolvent is a serious offence that may well end up making the directors personally liable for debts.

Obviously, we dont have access to all the details but the club sounds pretty close to insolvent by any standards I have seen in 25 years in finance!

Doing some rough maths, if we say 850 tickets have been sold at an average of 300.00 and another 150 do the same, the total amount will be 300K. You can adjust this either way but the total will almost certainly fall between 250K and 350K and coincidentally, that figure is exactly the amount this club needs to pay the bills through the summer. The problem I have with this is EM is on record as saying he'll worry about the summer when we get there, so it's almost deception to ask for an up-front payment now for a service that he freely admits might not even be here next year. As for worrying about the summer when it comes, the only thing we know for absolute certainty is we're spending June, July and Augusts income now. It's the economics of the madhouse, especially when you consider some of this money will be used to pay Neil Blake. At least they pay for their sausage rolls though.

Will Mitchell guarantee our money back if we buy our tickets now and then there aint no football next year? Nope!!!
Just being realistic and taking consideration of the board we have.

Brock and Roll is totally correct about trading insolvently and i would imagine that a certain goverment office will soon be in touch. It appears that once again our club has not been paying HMRC and Mitchell again is getting the fans to pay his debts, i say his debts because it is his business. The spin about lifting the Embargo is just that spin and i can not believe a word Mitchell says. How many times has he gone bust ? Was there a winding up petition being prepared by HMRC hence the rush to sell S/T . ? Could someone please explain how we are going to pay wages , rent etc from May to August with very little income. Mitchells economics are a total joke and like a certain guy at Cardiff City he should be kicked out of Football, ask the fans at Dorchester Town ? I fear Administration ! Just a opinion .

8 home winning games =bigger crowd
football lge 1 payments=more money
larger away support =more money
try and be positive.

Mitchell also said the club would be taking no further action after Notts County goalkeeper Kasper Schmeichel allegedly damaged the away dressing room door at Dean Court on Tuesday.

He described the incident as “a young man letting off steam” before adding that, in his younger days, he had sustained a broken ankle after kicking a wall at his local squash club!


Sorry Neil for going for subject,but i would not agree with this statement.If Kasper Schmeichel is allowed to get away with his outbust,then this would mean that all the other players would be allowed to let off steam and kick door in ect,ect,i dont accept this???He should have at least offer to pay for the door and said sorry but maybe to you and other its just a small fuss over nothing.

god im glad you dont sit next to me
at home games.

Keith, sorry Ken,

You are only having a go at Eddie Mitchell, because he is doing is damndest to keep the club going and importantly, he is stopping you getting your slipperly hands on the club.
You snipe, but what is your solution?
Still looking to put the club into administration?
Perhaps you could meet the supporterers face-to-face btommorrow at Dagenham and explain your evil plans.

daveeleven wrote:

tricky1007 wrote:
so if we dont sell the tickets and people buy them in say july how do we get through the summer? i would have thought paying off the debt now means a hell of alot less interest to mount up, meaning we dont need as much cash to survive. i suggest give it a go and pay off the debt, couple of loan players in place and go up. by the way do we get money depending on where we finish in the league, if so how much? i know this happens in the prem, but i have to be honest and say i dont know about our league. maybe finishing top/second means alot more than say 8!!

I'm assuming your question is serious so here is the answer. You pay Julys wage bill with the money you receive in July. Using your logic, how will the July wage bill now be paid?

You appear to be assuming the club will get no income in July at all, there will be the rest of the season ticket sales, the friendly games and any other ways to bring in funds, it's not like there is no revenue stream for all of the three months.
I agree that spending the money now is not the best way to go but if it is the only way to ensure the club makes it to the summer wouldn't you rather that??
In the event the club does gain promotion there will also be the prize money from that, we will need the embargo out of the way if we are to have a strong enough squad for next season, also don't you think a promotion will increase the season ticket sales over the summer??
Not having a go dave11 we are well past that I am giving you what I think are valid points.

With all of these comments saying we won't make it through the summer...it's fairly well known that without these historical debt payments we are at least breaking even month on month. Therefore the little extra the club makes between now and the summer, should cover wages etc. EM is a straight talking guy, who I really do think will lead us to bigger and better things by running the club as he would any of his other businesses.
UTCIAD

Why do the fans have to bail out a millionaire board? They are taking the micky.

tricky1007 wrote:
so if we dont sell the tickets and people buy them in say july how do we get through the summer? i would have thought paying off the debt now means a hell of alot less interest to mount up, meaning we dont need as much cash to survive. i suggest give it a go and pay off the debt, couple of loan players in place and go up. by the way do we get money depending on where we finish in the league, if so how much? i know this happens in the prem, but i have to be honest and say i dont know about our league. maybe finishing top/second means alot more than say 8!!

I believe finishing top only gets you 20K. It is worrying how we will survive the summer, i'm hoping that EM has something up his sleeve, but not selling a player or two when the window reopens.

A smiling picture of EM might be more positive :-)

Why do you assume that the board should pay out for past misdemeanors?

Do you pay out for other peoples debts?

As many other have said before EM is at least addressing the problems in a fashion that is realistic to most albeit long winded.

At least EM is making an effort and trying to be honest with everyone. Perhaps that is something we are not used to from the previous boards, but must we tar all of them with the same brush ????

daley15 wrote:

tricky1007 wrote: so if we dont sell the tickets and people buy them in say july how do we get through the summer? i would have thought paying off the debt now means a hell of alot less interest to mount up, meaning we dont need as much cash to survive. i suggest give it a go and pay off the debt, couple of loan players in place and go up. by the way do we get money depending on where we finish in the league, if so how much? i know this happens in the prem, but i have to be honest and say i dont know about our league. maybe finishing top/second means alot more than say 8!!

I believe finishing top only gets you 20K. It is worrying how we will survive the summer, i'm hoping that EM has something up his sleeve, but not selling a player or two when the window reopens.

As I said above, I for one am hoping he has something up his sleeve.
As for selling players, I'm sure a couple will go in any event. After Tuesday's performance I hope I'm wrong on that score.

Lets be positive. If we are able to secure promotion we will get better gates due to the proximity of the teams in league one plus the size of the clubs. In addition we might just get new season ticket holders

I think EM hs thinking more along the lines that promotion might make it easier to tempt in new "investors"

You have to remember that the increase in gates and tv money you will get will be mostly offset by higher player wages - c'est la vie in football.

In any event, HMRC are not going to accept the argument "we will pay you next year when we get promoted". I think their response will be along the lines of "Jimmy Hill you will!!"

I find it difficult to believe EM could not find the necessary funds once and for all to wipe out the club's debt if he really wanted to. EM was interviewed not to long ago by Piers Morgan on TV whilst staying in the world's most exclusive hotel in Dubai. You need to be "mega" well off to qualify for the treatment he is regularly accustomed to, and with suites there costing upwards of £10,000 a night, I don't think AFCB is at the top of his priority list.

This must have been said before, but I do not understand why clubs like AFCB do not sell shares in the club ( say £50 or £100 a share ). These don't need to give any voting rights, but they encourage the locals to support the club and feel part of it.

There's no point in keeping this going, he has denied he even did the dirty deed and to carry it on further can only damage the relationship between the two clubs.
We all know what he did, and he behaved like a spoilt brat when thins don't go his way.
We know Shawn Jalal is a better keeper than he will ever be....end of conversation.

I too saw EM on Piers Morgan on Sandbanks and how Eddie Mitchell is treated like a King in Dubai. If he can spend £10,000 a night for a hotel, then surely the debt that is now left would be just a spit in the ocean for him. Yet he does seem very reluctant to help, although I am certainly not questioning what a good job he has done already. I think we could do a 3-0 win tomorrow over Daggers. Come on you reds.

Share's in what? AFCB have massive "negative equity". We might as well just hand over some cash.

In fairness to EM, he is, or at least was a wealthy man. However, why the hell should he pour his money down the drain - I would be much happy if he got the club to stand on its own two feet.

Also we need to bear in mind that his wealth or at least his access to cash will have been very negatively affected by the recession - I reckon the next set of accounts for Seven Developments wont make pretty reading!

Deejaycee wrote:
I find it difficult to believe EM could not find the necessary funds once and for all to wipe out the club's debt if he really wanted to. EM was interviewed not to long ago by Piers Morgan on TV whilst staying in the world's most exclusive hotel in Dubai. You need to be "mega" well off to qualify for the treatment he is regularly accustomed to, and with suites there costing upwards of £10,000 a night, I don't think AFCB is at the top of his priority list.

I fully agree and said this all along.One question to the echo,please can you ask EM why he has put any of his own money into the club?????Its very,very unfair to expect the supporters to put their own hands in their own pockets to help the club out while times are very hard,not may true supporters can afford to buy a season ticket.Lets be honest,its ok that i dont have a problem with someone having alot of wealth but i do find it very hard to take in why if someone is so fond of the club he is not willing to dip more of hos own money in his own pocket.If i had a million pound or more,i would give it to the club even if it is a pass debt being carried forward.

djd wrote:
At least EM is making an effort and trying to be honest with everyone. Perhaps that is something we are not used to from the previous boards, but must we tar all of them with the same brush ????

What proof do you have that EM is being honest with everyone? Please enlighten us all.

Julian1966 wrote:

Deejaycee wrote: I find it difficult to believe EM could not find the necessary funds once and for all to wipe out the club's debt if he really wanted to. EM was interviewed not to long ago by Piers Morgan on TV whilst staying in the world's most exclusive hotel in Dubai. You need to be "mega" well off to qualify for the treatment he is regularly accustomed to, and with suites there costing upwards of £10,000 a night, I don't think AFCB is at the top of his priority list.

I fully agree and said this all along.One question to the echo,please can you ask EM why he has put any of his own money into the club?????Its very,very unfair to expect the supporters to put their own hands in their own pockets to help the club out while times are very hard,not may true supporters can afford to buy a season ticket.Lets be honest,its ok that i dont have a problem with someone having alot of wealth but i do find it very hard to take in why if someone is so fond of the club he is not willing to dip more of hos own money in his own pocket.If i had a million pound or more,i would give it to the club even if it is a pass debt being carried forward.

Lets all buy a Euro Lottery ticket today

Julian1966 wrote:

Deejaycee wrote: I find it difficult to believe EM could not find the necessary funds once and for all to wipe out the club's debt if he really wanted to. EM was interviewed not to long ago by Piers Morgan on TV whilst staying in the world's most exclusive hotel in Dubai. You need to be "mega" well off to qualify for the treatment he is regularly accustomed to, and with suites there costing upwards of £10,000 a night, I don't think AFCB is at the top of his priority list.

I fully agree and said this all along.One question to the echo,please can you ask EM why he has put any of his own money into the club?????Its very,very unfair to expect the supporters to put their own hands in their own pockets to help the club out while times are very hard,not may true supporters can afford to buy a season ticket.Lets be honest,its ok that i dont have a problem with someone having alot of wealth but i do find it very hard to take in why if someone is so fond of the club he is not willing to dip more of hos own money in his own pocket.If i had a million pound or more,i would give it to the club even if it is a pass debt being carried forward.

Lets all buy a Euro Lottery ticket today

Brock_and_Roll wrote:
Share's in what? AFCB have massive "negative equity". We might as well just hand over some cash. In fairness to EM, he is, or at least was a wealthy man. However, why the hell should he pour his money down the drain - I would be much happy if he got the club to stand on its own two feet. Also we need to bear in mind that his wealth or at least his access to cash will have been very negatively affected by the recession - I reckon the next set of accounts for Seven Developments wont make pretty reading!

Thats his company - what about EM personal wealth. If I had spare - I would give to the club

THE 2 EDDIES R DOING A FANTASTIC JOB,COME ON U CHERRIES--AAAAAAAAAH
HHHHHHHHHHHHHH

CJR wrote:
Why do you assume that the board should pay out for past misdemeanors? Do you pay out for other peoples debts? As many other have said before EM is at least addressing the problems in a fashion that is realistic to most albeit long winded.

Because he knew of the debts when he got involved and without sorting those debts out we'll go bust?

lymocherry wrote:

daveeleven wrote:

tricky1007 wrote: so if we dont sell the tickets and people buy them in say july how do we get through the summer? i would have thought paying off the debt now means a hell of alot less interest to mount up, meaning we dont need as much cash to survive. i suggest give it a go and pay off the debt, couple of loan players in place and go up. by the way do we get money depending on where we finish in the league, if so how much? i know this happens in the prem, but i have to be honest and say i dont know about our league. maybe finishing top/second means alot more than say 8!!

I'm assuming your question is serious so here is the answer. You pay Julys wage bill with the money you receive in July. Using your logic, how will the July wage bill now be paid?

You appear to be assuming the club will get no income in July at all, there will be the rest of the season ticket sales, the friendly games and any other ways to bring in funds, it's not like there is no revenue stream for all of the three months. I agree that spending the money now is not the best way to go but if it is the only way to ensure the club makes it to the summer wouldn't you rather that?? In the event the club does gain promotion there will also be the prize money from that, we will need the embargo out of the way if we are to have a strong enough squad for next season, also don't you think a promotion will increase the season ticket sales over the summer?? Not having a go dave11 we are well past that I am giving you what I think are valid points.

I wouldn't mind if EM actually said this money was to keep us going until the summer but he doesn't, he says it's for the embargo. If he just came out and said; 'If we don't do this we'll die,' i'd have more respect but as usual there's no detail and the reality of whatever it is he's doing is wrapped up in lies, i.e. having the embargo lifted.

KENETHOMEROD wrote:
Brock and Roll is totally correct about trading insolvently and i would imagine that a certain goverment office will soon be in touch. It appears that once again our club has not been paying HMRC and Mitchell again is getting the fans to pay his debts, i say his debts because it is his business. The spin about lifting the Embargo is just that spin and i can not believe a word Mitchell says. How many times has he gone bust ? Was there a winding up petition being prepared by HMRC hence the rush to sell S/T . ? Could someone please explain how we are going to pay wages , rent etc from May to August with very little income. Mitchells economics are a total joke and like a certain guy at Cardiff City he should be kicked out of Football, ask the fans at Dorchester Town ? I fear Administration ! Just a opinion .

Your comments are close to being libellous and I would suggest that you should be careful. Mitchell has never been bankrupt, though it is true that one of his Companies, failed some years ago. But you learn more from failure than success and it is to be hoped that he has. It would seem that roughly the same number of fans have brought next years Season Tickets as responded to Savi's appeal and we have managed to survive without that money. It is a matter of concern though that we are again in arrears with the tax payments, this in spite of an assurance given some weeks ago that we were up to date. Particularly since the HMRC have adopted a very aggressive approach to Football Clubs of late. In fairness to Mr Mitchell he has been constant from the start, in maintaining that the Club had to work within it's revenue stream and that the Board would not bail it out, though we know that they have put in some £600,000 to date. There does need to be some transparency re the Club's financial position, relying on commercial confindentiality when a football club is concerned to keep supporters in the dark , is unwise. It merely provokes, rumour, gossip ( much of it malicious) and unrest. Be honest and open with us, you might find the response benificial.

daveeleven wrote:

lymocherry wrote:

daveeleven wrote:

tricky1007 wrote: so if we dont sell the tickets and people buy them in say july how do we get through the summer? i would have thought paying off the debt now means a hell of alot less interest to mount up, meaning we dont need as much cash to survive. i suggest give it a go and pay off the debt, couple of loan players in place and go up. by the way do we get money depending on where we finish in the league, if so how much? i know this happens in the prem, but i have to be honest and say i dont know about our league. maybe finishing top/second means alot more than say 8!!

I'm assuming your question is serious so here is the answer. You pay Julys wage bill with the money you receive in July. Using your logic, how will the July wage bill now be paid?

You appear to be assuming the club will get no income in July at all, there will be the rest of the season ticket sales, the friendly games and any other ways to bring in funds, it's not like there is no revenue stream for all of the three months. I agree that spending the money now is not the best way to go but if it is the only way to ensure the club makes it to the summer wouldn't you rather that?? In the event the club does gain promotion there will also be the prize money from that, we will need the embargo out of the way if we are to have a strong enough squad for next season, also don't you think a promotion will increase the season ticket sales over the summer?? Not having a go dave11 we are well past that I am giving you what I think are valid points.

I wouldn't mind if EM actually said this money was to keep us going until the summer but he doesn't, he says it's for the embargo. If he just came out and said; 'If we don't do this we'll die,' i'd have more respect but as usual there's no detail and the reality of whatever it is he's doing is wrapped up in lies, i.e. having the embargo lifted.

We all can read between the lines and let's be honest there is no other choice, If you are selling the future you are not going to say it's to save the club are you? a salesman will give you what you want to hear and then dress it up.
If it is for the embargo brilliant if it's to keep the club going then so be it, I have yet to see an alternative in the past few seasons, plenty of supposed money men but none actually coming forward, so I feel it's better to give the support to who we have, after all look at Notts County and what has happened to them, who's in the better position I wonder??

Square Old Codger wrote:

KENETHOMEROD wrote:
Brock and Roll is totally correct about trading insolvently and i would imagine that a certain goverment office will soon be in touch. It appears that once again our club has not been paying HMRC and Mitchell again is getting the fans to pay his debts, i say his debts because it is his business. The spin about lifting the Embargo is just that spin and i can not believe a word Mitchell says. How many times has he gone bust ? Was there a winding up petition being prepared by HMRC hence the rush to sell S/T . ? Could someone please explain how we are going to pay wages , rent etc from May to August with very little income. Mitchells economics are a total joke and like a certain guy at Cardiff City he should be kicked out of Football, ask the fans at Dorchester Town ? I fear Administration ! Just a opinion .

Your comments are close to being libellous and I would suggest that you should be careful. Mitchell has never been bankrupt, though it is true that one of his Companies, failed some years ago. But you learn more from failure than success and it is to be hoped that he has. It would seem that roughly the same number of fans have brought next years Season Tickets as responded to Savi's appeal and we have managed to survive without that money. It is a matter of concern though that we are again in arrears with the tax payments, this in spite of an assurance given some weeks ago that we were up to date. Particularly since the HMRC have adopted a very aggressive approach to Football Clubs of late. In fairness to Mr Mitchell he has been constant from the start, in maintaining that the Club had to work within it's revenue stream and that the Board would not bail it out, though we know that they have put in some £600,000 to date. There does need to be some transparency re the Club's financial position, relying on commercial confindentiality when a football club is concerned to keep supporters in the dark , is unwise. It merely provokes, rumour, gossip ( much of it malicious) and unrest. Be honest and open with us, you might find the response benificial.

Alan Sugar failed in business as did Gordon Ramsey and even Richard Branson before they made their very successful careers.
How anyone can make these comments Ken, without getting taken to court or at least be warned by the paper is amazing.
Ken I said what I thought would sustain the club through the summer, you please tell us where you get your information from so we can all make an infromed decision as to whom we should believe!!

leave the chairman alone he is doing a great job just like the management team and the players

once again you doom and gloom merchants i offer what alternatives do we have. do you really want eddie mitchell to walk away right now. where would we be then. dave eleven, ken etc you really dont like this man its clear but go away if you cant come up with a solution. there is nothing to stop you getting a consortium yourselves. its only 600k as some of you say and you expect EM to use his own money to pay debts off, would you do it, i doubt it.i for one have been to a lot of games this season simply because of the possibility of going bust. i hope we dont but until someone else can come up with a better solution than EM ,stop whining about him and put your wasted energy into either getting behind him or solving the problems with your brilliant plans.

wickerman wrote:
once again you doom and gloom merchants i offer what alternatives do we have. do you really want eddie mitchell to walk away right now. where would we be then. dave eleven, ken etc you really dont like this man its clear but go away if you cant come up with a solution. there is nothing to stop you getting a consortium yourselves. its only 600k as some of you say and you expect EM to use his own money to pay debts off, would you do it, i doubt it.i for one have been to a lot of games this season simply because of the possibility of going bust. i hope we dont but until someone else can come up with a better solution than EM ,stop whining about him and put your wasted energy into either getting behind him or solving the problems with your brilliant plans.

well said sir

is anyone as cold as me this weather, glad when it warms up a bit

wickerman wrote:
once again you doom and gloom merchants i offer what alternatives do we have. do you really want eddie mitchell to walk away right now. where would we be then. dave eleven, ken etc you really dont like this man its clear but go away if you cant come up with a solution. there is nothing to stop you getting a consortium yourselves. its only 600k as some of you say and you expect EM to use his own money to pay debts off, would you do it, i doubt it.i for one have been to a lot of games this season simply because of the possibility of going bust. i hope we dont but until someone else can come up with a better solution than EM ,stop whining about him and put your wasted energy into either getting behind him or solving the problems with your brilliant plans.

Why would I need any money to get involed? Everyone else who gets involved with the club has no money, why should I be any different and that's my whole point. Why get involved at all if you have to borrow next years income? Maybe the people waiting in the wings with money would have done a better job had mostyn not blocked them.

Julian1966 wrote:
Mitchell also said the club would be taking no further action after Notts County goalkeeper Kasper Schmeichel allegedly damaged the away dressing room door at Dean Court on Tuesday. He described the incident as “a young man letting off steam” before adding that, in his younger days, he had sustained a broken ankle after kicking a wall at his local squash club! Sorry Neil for going for subject,but i would not agree with this statement.If Kasper Schmeichel is allowed to get away with his outbust,then this would mean that all the other players would be allowed to let off steam and kick door in ect,ect,i dont accept this???He should have at least offer to pay for the door and said sorry but maybe to you and other its just a small fuss over nothing.

One has to ask the question what would happen if an angry young man let of steam by smashing up Kaspers Home or Car would he be let off I think not. I suspect that EM didnt want to pay for a stamp to send the bill to Notts County who seem to be in a bigger financial mess than us

Like most clubs the fans seem to be split down the middle regarding this. Given the previous issues surrounding AFCB financial position over the last few years I can understand why certain fans are worried about this plan. As an accountant, I have to say it can hardly be deemed as prudent to borrow future income to pay off legacy debt (though I notice Gordon Brown just borrowed!) That said, if EM thinks this is the only way he club can get through to the summer then that's the way he's chosen to manage the club.

Unfortunately this would lead me to be seriously worried about the next few months because;
A) If this money is being used to pay off the embargo, EM has already said that it may not be enough and also that it may not work,

B) Falling behind with the tax payments at this particular time is very dangerous given that HMRC are currently taking such a hard stance on football clubs at present and this scheme would only enhance their believe that AFCB are trading insolvently and

C) My main worry would be what message this is sending to the FL regarding how the club is being run?

The embargo is in place because of financial mismangement by previous owners and this will hardly improve their confidence or belief that the current set-up is any better.

I indeed hope that EM has something lined up for the summer months otherwise I fear another summer spent worrying about the clubs existence rather than looking forward to the new season (in league 1 hopefully!)

Very good post.

Square Old Codger wrote:

KENETHOMEROD wrote:
Brock and Roll is totally correct about trading insolvently and i would imagine that a certain goverment office will soon be in touch. It appears that once again our club has not been paying HMRC and Mitchell again is getting the fans to pay his debts, i say his debts because it is his business. The spin about lifting the Embargo is just that spin and i can not believe a word Mitchell says. How many times has he gone bust ? Was there a winding up petition being prepared by HMRC hence the rush to sell S/T . ? Could someone please explain how we are going to pay wages , rent etc from May to August with very little income. Mitchells economics are a total joke and like a certain guy at Cardiff City he should be kicked out of Football, ask the fans at Dorchester Town ? I fear Administration ! Just a opinion .

Your comments are close to being libellous and I would suggest that you should be careful. Mitchell has never been bankrupt, though it is true that one of his Companies, failed some years ago. But you learn more from failure than success and it is to be hoped that he has. It would seem that roughly the same number of fans have brought next years Season Tickets as responded to Savi's appeal and we have managed to survive without that money. It is a matter of concern though that we are again in arrears with the tax payments, this in spite of an assurance given some weeks ago that we were up to date. Particularly since the HMRC have adopted a very aggressive approach to Football Clubs of late. In fairness to Mr Mitchell he has been constant from the start, in maintaining that the Club had to work within it's revenue stream and that the Board would not bail it out, though we know that they have put in some £600,000 to date. There does need to be some transparency re the Club's financial position, relying on commercial confindentiality when a football club is concerned to keep supporters in the dark , is unwise. It merely provokes, rumour, gossip ( much of it malicious) and unrest. Be honest and open with us, you might find the response benificial.

I wish to correct you. Mr Mitchell has in the past been declared personally bankrupt.

I thought he'd taken 4 companies bankrupt but nothing in his name.

daveeleven wrote:

tricky1007 wrote: so if we dont sell the tickets and people buy them in say july how do we get through the summer? i would have thought paying off the debt now means a hell of alot less interest to mount up, meaning we dont need as much cash to survive. i suggest give it a go and pay off the debt, couple of loan players in place and go up. by the way do we get money depending on where we finish in the league, if so how much? i know this happens in the prem, but i have to be honest and say i dont know about our league. maybe finishing top/second means alot more than say 8!!

I'm assuming your question is serious so here is the answer. You pay Julys wage bill with the money you receive in July. Using your logic, how will the July wage bill now be paid?

you are presuming season tickets will be bought in july. what happens if people wait until mid august to buy them? all i am saying is if we dont have the money now will it really help us in the summer? maybe i am being to positive, but i prefer to be that way! we finish playing at the beginning of may so however you look at money coming in will not be great, and like i said surley if you pay off debts now it limits alot of interest that will mount up in the next 6 months

wickerman wrote:
once again you doom and gloom merchants i offer what alternatives do we have. do you really want eddie mitchell to walk away right now. where would we be then. dave eleven, ken etc you really dont like this man its clear but go away if you cant come up with a solution. there is nothing to stop you getting a consortium yourselves. its only 600k as some of you say and you expect EM to use his own money to pay debts off, would you do it, i doubt it.i for one have been to a lot of games this season simply because of the possibility of going bust. i hope we dont but until someone else can come up with a better solution than EM ,stop whining about him and put your wasted energy into either getting behind him or solving the problems with your brilliant plans.

Perfect, well said

afcblee wrote:

wickerman wrote: once again you doom and gloom merchants i offer what alternatives do we have. do you really want eddie mitchell to walk away right now. where would we be then. dave eleven, ken etc you really dont like this man its clear but go away if you cant come up with a solution. there is nothing to stop you getting a consortium yourselves. its only 600k as some of you say and you expect EM to use his own money to pay debts off, would you do it, i doubt it.i for one have been to a lot of games this season simply because of the possibility of going bust. i hope we dont but until someone else can come up with a better solution than EM ,stop whining about him and put your wasted energy into either getting behind him or solving the problems with your brilliant plans.

Perfect, well said

agreed well said

wickerman wrote:
once again you doom and gloom merchants i offer what alternatives do we have. do you really want eddie mitchell to walk away right now. where would we be then. dave eleven, ken etc you really dont like this man its clear but go away if you cant come up with a solution. there is nothing to stop you getting a consortium yourselves. its only 600k as some of you say and you expect EM to use his own money to pay debts off, would you do it, i doubt it.i for one have been to a lot of games this season simply because of the possibility of going bust. i hope we dont but until someone else can come up with a better solution than EM ,stop whining about him and put your wasted energy into either getting behind him or solving the problems with your brilliant plans.

Disagree. Without getting into the politics of Mitchell only being here because Mostyn blocked at least two interested investors last year, nobody would want anyone to walk away. But it is a fair question to ask why he came in in the first place if he has no intention of investing any money. I think its already been pointed out, Gordon The Tramp could do that. It makes no business sense and if he's that naive from a business standpoint how is he at planning a summer budget?

gbzpto wrote:

afcblee wrote:

wickerman wrote: once again you doom and gloom merchants i offer what alternatives do we have. do you really want eddie mitchell to walk away right now. where would we be then. dave eleven, ken etc you really dont like this man its clear but go away if you cant come up with a solution. there is nothing to stop you getting a consortium yourselves. its only 600k as some of you say and you expect EM to use his own money to pay debts off, would you do it, i doubt it.i for one have been to a lot of games this season simply because of the possibility of going bust. i hope we dont but until someone else can come up with a better solution than EM ,stop whining about him and put your wasted energy into either getting behind him or solving the problems with your brilliant plans.

Perfect, well said

agreed well said

i think thats a bit harsh, without moaning all the time, these guys would have nothing to get up for in the morning!!!! eddie mitchell is not a multi millionaire like some owners of other clubs, and he is trying to get the club to stand on ts own 2 feet. and as he has stated he has put his own money in to this club already. all the best for today guys, bring back another 3 points, and 1 step nearer the most amazing promotion by any team ever!!!! UP THE MIGHTY CHERRIES

tricky1007 wrote:

daveeleven wrote:

tricky1007 wrote: so if we dont sell the tickets and people buy them in say july how do we get through the summer? i would have thought paying off the debt now means a hell of alot less interest to mount up, meaning we dont need as much cash to survive. i suggest give it a go and pay off the debt, couple of loan players in place and go up. by the way do we get money depending on where we finish in the league, if so how much? i know this happens in the prem, but i have to be honest and say i dont know about our league. maybe finishing top/second means alot more than say 8!!

I'm assuming your question is serious so here is the answer. You pay Julys wage bill with the money you receive in July. Using your logic, how will the July wage bill now be paid?

you are presuming season tickets will be bought in july. what happens if people wait until mid august to buy them? all i am saying is if we dont have the money now will it really help us in the summer? maybe i am being to positive, but i prefer to be that way! we finish playing at the beginning of may so however you look at money coming in will not be great, and like i said surley if you pay off debts now it limits alot of interest that will mount up in the next 6 months

Using the argument "If we don't have the money now will it really help us in the summer" is a ridiculous answer when you consider Mitchell has just removed a member of staff from his personal payroll and put it on ours.

tricky1007 wrote:

gbzpto wrote:

afcblee wrote:

wickerman wrote: once again you doom and gloom merchants i offer what alternatives do we have. do you really want eddie mitchell to walk away right now. where would we be then. dave eleven, ken etc you really dont like this man its clear but go away if you cant come up with a solution. there is nothing to stop you getting a consortium yourselves. its only 600k as some of you say and you expect EM to use his own money to pay debts off, would you do it, i doubt it.i for one have been to a lot of games this season simply because of the possibility of going bust. i hope we dont but until someone else can come up with a better solution than EM ,stop whining about him and put your wasted energy into either getting behind him or solving the problems with your brilliant plans.

Perfect, well said

agreed well said

i think thats a bit harsh, without moaning all the time, these guys would have nothing to get up for in the morning!!!! eddie mitchell is not a multi millionaire like some owners of other clubs, and he is trying to get the club to stand on ts own 2 feet. and as he has stated he has put his own money in to this club already. all the best for today guys, bring back another 3 points, and 1 step nearer the most amazing promotion by any team ever!!!! UP THE MIGHTY CHERRIES

I thought he'd repeated over and over again he wasn't investing any of his own money?

daveeleven wrote:
I thought he'd taken 4 companies bankrupt but nothing in his name.

He went personally bankrupt in 1990 or 1991 when his development company went bust

daveeleven wrote:

wickerman wrote:
once again you doom and gloom merchants i offer what alternatives do we have. do you really want eddie mitchell to walk away right now. where would we be then. dave eleven, ken etc you really dont like this man its clear but go away if you cant come up with a solution. there is nothing to stop you getting a consortium yourselves. its only 600k as some of you say and you expect EM to use his own money to pay debts off, would you do it, i doubt it.i for one have been to a lot of games this season simply because of the possibility of going bust. i hope we dont but until someone else can come up with a better solution than EM ,stop whining about him and put your wasted energy into either getting behind him or solving the problems with your brilliant plans.

Why would I need any money to get involed? Everyone else who gets involved with the club has no money, why should I be any different and that's my whole point. Why get involved at all if you have to borrow next years income? Maybe the people waiting in the wings with money would have done a better job had mostyn not blocked them.

Not the infamous people wating in the wings again. How come that's the argument you guys turn to when the positve posters give you answers as to what they think is going to happen, it's great these people in the wings, if they really wanted the club they would have the club if not then surely by now with the HMRC sorted etc, I have yet to see inspite of all these claims of money men waiting in the wings any of them come forward, Mostyn wanted the club so he got it, he actually put his neck on the line. Mitchell is another who did the same, no promises he actually took the club on, these others are nothing they promise much but to date have delivered nothing!!

lymocherry wrote:

daveeleven wrote:

wickerman wrote: once again you doom and gloom merchants i offer what alternatives do we have. do you really want eddie mitchell to walk away right now. where would we be then. dave eleven, ken etc you really dont like this man its clear but go away if you cant come up with a solution. there is nothing to stop you getting a consortium yourselves. its only 600k as some of you say and you expect EM to use his own money to pay debts off, would you do it, i doubt it.i for one have been to a lot of games this season simply because of the possibility of going bust. i hope we dont but until someone else can come up with a better solution than EM ,stop whining about him and put your wasted energy into either getting behind him or solving the problems with your brilliant plans.

Why would I need any money to get involed? Everyone else who gets involved with the club has no money, why should I be any different and that's my whole point. Why get involved at all if you have to borrow next years income? Maybe the people waiting in the wings with money would have done a better job had mostyn not blocked them.

Not the infamous people wating in the wings again. How come that's the argument you guys turn to when the positve posters give you answers as to what they think is going to happen, it's great these people in the wings, if they really wanted the club they would have the club if not then surely by now with the HMRC sorted etc, I have yet to see inspite of all these claims of money men waiting in the wings any of them come forward, Mostyn wanted the club so he got it, he actually put his neck on the line. Mitchell is another who did the same, no promises he actually took the club on, these others are nothing they promise much but to date have delivered nothing!!

Lymocherry, it's going back a bit now so my memory might not be right but I think daveeleven is referring to when PB sold the club to AM ahead of another consortium, (with proof of funds for investment and debt repayment) and who to my knowledge have never been publicly named, because Mostyn blocked it, preferring AM's bid as it protected his 'investment'.

As I said I may be wrong on this so apologies if I am and I'm sure somenone will correct me.

northstandmick wrote:

tricky1007 wrote:

gbzpto wrote:

afcblee wrote:

wickerman wrote: once again you doom and gloom merchants i offer what alternatives do we have. do you really want eddie mitchell to walk away right now. where would we be then. dave eleven, ken etc you really dont like this man its clear but go away if you cant come up with a solution. there is nothing to stop you getting a consortium yourselves. its only 600k as some of you say and you expect EM to use his own money to pay debts off, would you do it, i doubt it.i for one have been to a lot of games this season simply because of the possibility of going bust. i hope we dont but until someone else can come up with a better solution than EM ,stop whining about him and put your wasted energy into either getting behind him or solving the problems with your brilliant plans.

Perfect, well said

agreed well said

i think thats a bit harsh, without moaning all the time, these guys would have nothing to get up for in the morning!!!! eddie mitchell is not a multi millionaire like some owners of other clubs, and he is trying to get the club to stand on ts own 2 feet. and as he has stated he has put his own money in to this club already. all the best for today guys, bring back another 3 points, and 1 step nearer the most amazing promotion by any team ever!!!! UP THE MIGHTY CHERRIES

I thought he'd repeated over and over again he wasn't investing any of his own money?

Northstandmick, You are quite correct, from day 1 when EM bought the club he has reiterated time and time again that the club has to be run on a self sufficent basis and that he would not invest any of his money in the club, hence the reason why so many posters on here complain about the lack of his cash going into AFCB.

However, that said, I noticed at the recent fans forum, EM stated that he had invested upwards of £400-500K in the club, a statement which I found interesting on 2 accounts.

Firstly, EM has always said he would be straight with the fans given the lack of communication from previous owners, and to a point I think he has succeded. But this statement does contradict all his previous references to not investing any money into the club so does this mean that he's actually only 'loaned' it to the club? And how 'honest' is he being with the fans on everything else he's stated????

Secondly, it would help to balance the equation of how EM has manged to pay off so much legacy debt whilst not having any additional funding to do so. I couldn't work out how the HMRC debt and other football related debts were cleared so quickly based on just the gate receipts and match day income which due to the weather, hasn't exactly been a consitent income stream for the club.

Whilst I agree that EM has earn't his money and therefore there is no god given right for AFCB fans to expect him to put his own money into the club I would ask this;

A business is run to make money (and loathe it or not, football is now a business) an ethos EM would be well aware of. Therefore, how does EM expect AFCB to make money without investment? Surely if the club was able to do that, then AFCB would have had a string of suitors/consortiums willing to take it over during the last few years......

Good luck today at the daggers, password is goal-none, lets hope thats not the case!

Millionaire businessmen beg from fans to buy their business.

elvispresleysking wrote:

lymocherry wrote:

daveeleven wrote:

wickerman wrote: once again you doom and gloom merchants i offer what alternatives do we have. do you really want eddie mitchell to walk away right now. where would we be then. dave eleven, ken etc you really dont like this man its clear but go away if you cant come up with a solution. there is nothing to stop you getting a consortium yourselves. its only 600k as some of you say and you expect EM to use his own money to pay debts off, would you do it, i doubt it.i for one have been to a lot of games this season simply because of the possibility of going bust. i hope we dont but until someone else can come up with a better solution than EM ,stop whining about him and put your wasted energy into either getting behind him or solving the problems with your brilliant plans.

Why would I need any money to get involed? Everyone else who gets involved with the club has no money, why should I be any different and that's my whole point. Why get involved at all if you have to borrow next years income? Maybe the people waiting in the wings with money would have done a better job had mostyn not blocked them.

Not the infamous people wating in the wings again. How come that's the argument you guys turn to when the positve posters give you answers as to what they think is going to happen, it's great these people in the wings, if they really wanted the club they would have the club if not then surely by now with the HMRC sorted etc, I have yet to see inspite of all these claims of money men waiting in the wings any of them come forward, Mostyn wanted the club so he got it, he actually put his neck on the line. Mitchell is another who did the same, no promises he actually took the club on, these others are nothing they promise much but to date have delivered nothing!!

Lymocherry, it's going back a bit now so my memory might not be right but I think daveeleven is referring to when PB sold the club to AM ahead of another consortium, (with proof of funds for investment and debt repayment) and who to my knowledge have never been publicly named, because Mostyn blocked it, preferring AM's bid as it protected his 'investment'.

As I said I may be wrong on this so apologies if I am and I'm sure somenone will correct me.

This is what get's my goat, it's all reported that these people had this and that but are never named and have never taken over the club, why not?? if someone wants something enough then they will buy it, so if they ever did exist and it wasn't a casr of cold feet and Mitchell being drafted in at the eleventh hour then what's happened to them?? surely the club would be a better proposition now than it was with an HMRC court hearing in the pipeline, sorry but these stories of money men who were blocked from buying for me are nothing more than that stories, I say again ehy have they not paid their money and taken the club over?? don't tell me it's because of Mostyn, sorry but if you want the club that much you will buy it !!

lymocherry wrote:

elvispresleysking wrote:

lymocherry wrote:

daveeleven wrote:

wickerman wrote: once again you doom and gloom merchants i offer what alternatives do we have. do you really want eddie mitchell to walk away right now. where would we be then. dave eleven, ken etc you really dont like this man its clear but go away if you cant come up with a solution. there is nothing to stop you getting a consortium yourselves. its only 600k as some of you say and you expect EM to use his own money to pay debts off, would you do it, i doubt it.i for one have been to a lot of games this season simply because of the possibility of going bust. i hope we dont but until someone else can come up with a better solution than EM ,stop whining about him and put your wasted energy into either getting behind him or solving the problems with your brilliant plans.

Why would I need any money to get involed? Everyone else who gets involved with the club has no money, why should I be any different and that's my whole point. Why get involved at all if you have to borrow next years income? Maybe the people waiting in the wings with money would have done a better job had mostyn not blocked them.

Not the infamous people wating in the wings again. How come that's the argument you guys turn to when the positve posters give you answers as to what they think is going to happen, it's great these people in the wings, if they really wanted the club they would have the club if not then surely by now with the HMRC sorted etc, I have yet to see inspite of all these claims of money men waiting in the wings any of them come forward, Mostyn wanted the club so he got it, he actually put his neck on the line. Mitchell is another who did the same, no promises he actually took the club on, these others are nothing they promise much but to date have delivered nothing!!

Lymocherry, it's going back a bit now so my memory might not be right but I think daveeleven is referring to when PB sold the club to AM ahead of another consortium, (with proof of funds for investment and debt repayment) and who to my knowledge have never been publicly named, because Mostyn blocked it, preferring AM's bid as it protected his 'investment'. As I said I may be wrong on this so apologies if I am and I'm sure somenone will correct me.

This is what get's my goat, it's all reported that these people had this and that but are never named and have never taken over the club, why not?? if someone wants something enough then they will buy it, so if they ever did exist and it wasn't a casr of cold feet and Mitchell being drafted in at the eleventh hour then what's happened to them?? surely the club would be a better proposition now than it was with an HMRC court hearing in the pipeline, sorry but these stories of money men who were blocked from buying for me are nothing more than that stories, I say again ehy have they not paid their money and taken the club over?? don't tell me it's because of Mostyn, sorry but if you want the club that much you will buy it !!

Cherries: Murry hot favourite to win race for club
7:00am Friday 12th June 2009
lymocherry, Lymington says...
7:53am Fri 12 Jun 09
We have the same names coming up time after time and yet they never take it all the way so we are left with the one group who have declared they have no money to take the club forward. How is it that this keeps going round and round, I fear that if as is looking likely Murry takes over we will be back in trouble within weeks and will begin another round of who wants a go for a while.
I am also amazed how every time one of these new names are in the frame the deal always falls through at the eleventh hour, it's not just once it's happened and it's always Murry or Mostyn who come in with the 11th hour rescue bid, how stupid do these men think we are??


Lymocherry, I've done some checking and have to admit I was wrong, the consortium was named. It was being led by Ian Mathison and PB had agreed to sell the club to him, the echo even reporting the previous day the club had been sold. The above was your response at the time. They had the money but Mostyn blocked it, not because he put his neck on the line as you say but because it protected his 'investment'. I admit it would be interesting to see if EM wanted to sell the club now whether Ian Matison would still be interested or even if EM wanted additional investment in the club, given that the rest of the board have none of their own.

I don't think the truth will ever come out about what has gone on at the club over the last few years but one thing still remains, AFCB need additional investment otherwise the financial problems will continue for the foreseable future.

daveeleven wrote:

tricky1007 wrote: so if we dont sell the tickets and people buy them in say july how do we get through the summer? i would have thought paying off the debt now means a hell of alot less interest to mount up, meaning we dont need as much cash to survive. i suggest give it a go and pay off the debt, couple of loan players in place and go up. by the way do we get money depending on where we finish in the league, if so how much? i know this happens in the prem, but i have to be honest and say i dont know about our league. maybe finishing top/second means alot more than say 8!!

I'm assuming your question is serious so here is the answer. You pay Julys wage bill with the money you receive in July. Using your logic, how will the July wage bill now be paid?

using your logic how will the june bills be paid?,these idiots buying next seasons tickets in advance, how do they know there will be a next season?,so when next years money has been spent in advance, logicaly next august the board will be asking fans to buy the following years season ticket,

Ha Ha, I nearly spat my cornflakes out when I read Lymos contradictions where he was saying a year ago its no good for people with no money to take the club forward but when other people say it now he says we're all disloyal lol
The other point you make that is wrong is that if someone wants something bad enough they should buy it. As has already been pointed out, the Mathison bid fell through at the last minute and the reason for that was Mostyns insistence that he was paid a six figure sum (300K from recollection) for his 'debenture' that he kindly bolted onto the club. As soon as that became apparent the bid was withdrawn, or as I said before 'blocked.'

daveeleven wrote:
Ha Ha, I nearly spat my cornflakes out when I read Lymos contradictions where he was saying a year ago its no good for people with no money to take the club forward but when other people say it now he says we're all disloyal lol
The other point you make that is wrong is that if someone wants something bad enough they should buy it. As has already been pointed out, the Mathison bid fell through at the last minute and the reason for that was Mostyns insistence that he was paid a six figure sum (300K from recollection) for his 'debenture' that he kindly bolted onto the club. As soon as that became apparent the bid was withdrawn, or as I said before 'blocked.'

What are you on about???
The same point applies now as it did then!!!
Where have I called anyone disloyal either??
as for the Mostyn point whatever the reason, as I said if the mystical Mathison wanted the club he would have paid Mostyn off if indeed that was ever the real reason!!
I say again the only people who have ever taken the club on are the ones who have admitted to not having the money, I was also right that within weeks we were in trouble, so again I was right, you keep on about these mystery investors with their big money and yet we have never seen any of them, so where exactly do you see a contradicition on what I have said???

elvispresleysking wrote:

lymocherry wrote:

elvispresleysking wrote:

lymocherry wrote:

daveeleven wrote:

wickerman wrote: once again you doom and gloom merchants i offer what alternatives do we have. do you really want eddie mitchell to walk away right now. where would we be then. dave eleven, ken etc you really dont like this man its clear but go away if you cant come up with a solution. there is nothing to stop you getting a consortium yourselves. its only 600k as some of you say and you expect EM to use his own money to pay debts off, would you do it, i doubt it.i for one have been to a lot of games this season simply because of the possibility of going bust. i hope we dont but until someone else can come up with a better solution than EM ,stop whining about him and put your wasted energy into either getting behind him or solving the problems with your brilliant plans.

Why would I need any money to get involed? Everyone else who gets involved with the club has no money, why should I be any different and that's my whole point. Why get involved at all if you have to borrow next years income? Maybe the people waiting in the wings with money would have done a better job had mostyn not blocked them.

Not the infamous people wating in the wings again. How come that's the argument you guys turn to when the positve posters give you answers as to what they think is going to happen, it's great these people in the wings, if they really wanted the club they would have the club if not then surely by now with the HMRC sorted etc, I have yet to see inspite of all these claims of money men waiting in the wings any of them come forward, Mostyn wanted the club so he got it, he actually put his neck on the line. Mitchell is another who did the same, no promises he actually took the club on, these others are nothing they promise much but to date have delivered nothing!!

Lymocherry, it's going back a bit now so my memory might not be right but I think daveeleven is referring to when PB sold the club to AM ahead of another consortium, (with proof of funds for investment and debt repayment) and who to my knowledge have never been publicly named, because Mostyn blocked it, preferring AM's bid as it protected his 'investment'. As I said I may be wrong on this so apologies if I am and I'm sure somenone will correct me.

This is what get's my goat, it's all reported that these people had this and that but are never named and have never taken over the club, why not?? if someone wants something enough then they will buy it, so if they ever did exist and it wasn't a casr of cold feet and Mitchell being drafted in at the eleventh hour then what's happened to them?? surely the club would be a better proposition now than it was with an HMRC court hearing in the pipeline, sorry but these stories of money men who were blocked from buying for me are nothing more than that stories, I say again ehy have they not paid their money and taken the club over?? don't tell me it's because of Mostyn, sorry but if you want the club that much you will buy it !!

Cherries: Murry hot favourite to win race for club
7:00am Friday 12th June 2009
lymocherry, Lymington says...
7:53am Fri 12 Jun 09
We have the same names coming up time after time and yet they never take it all the way so we are left with the one group who have declared they have no money to take the club forward. How is it that this keeps going round and round, I fear that if as is looking likely Murry takes over we will be back in trouble within weeks and will begin another round of who wants a go for a while.
I am also amazed how every time one of these new names are in the frame the deal always falls through at the eleventh hour, it's not just once it's happened and it's always Murry or Mostyn who come in with the 11th hour rescue bid, how stupid do these men think we are??


Lymocherry, I've done some checking and have to admit I was wrong, the consortium was named. It was being led by Ian Mathison and PB had agreed to sell the club to him, the echo even reporting the previous day the club had been sold. The above was your response at the time. They had the money but Mostyn blocked it, not because he put his neck on the line as you say but because it protected his 'investment'. I admit it would be interesting to see if EM wanted to sell the club now whether Ian Matison would still be interested or even if EM wanted additional investment in the club, given that the rest of the board have none of their own.

I don't think the truth will ever come out about what has gone on at the club over the last few years but one thing still remains, AFCB need additional investment otherwise the financial problems will continue for the foreseable future.

Sorry but blocked the deal, so he took over the club with the debts etc in place rather than write his money off, whichever way you cut it he put his neck on the line, and I really don't believe the Mathison deal was ever a real one, why haven't we heard a peep out of them since, after all the biggest problems then are out of the way now aren't they??
I am still waiting to see one of these big money men appear out of the etha, as I said it's only ever those who want to run it as a business and not throw money into the hole that have come in, them and those who have taken us all for a ride. I would love to see one of these so called white knights but let's be realistic that is never going to be an option for the Cherries is it??

It amazes me the number of supposedly finacially adept people who can't ,won't or refuse to grasp the root cause of this clubs constant financial shambles. AFCB HAS HARDLY ANY REAL FANS OR SUPPORTERS. Typical attendence seems to be around 3,000 at least some must be supporters for the visiting team. Even a special offer on season tickes sells as paltry 850. It is a small local footie team with a small band of local supporters.They seem to want to spend money on players and stands and directors as if they where a proper big time football club.

When I was at school (not that long ago) local teams got players who had played for the school then the town then the county and took them on as appentices. The lads where expected to do other jobs around the club for their pay as well as playing. Now all clubs seem to want is to buy ready to go players off the shelf at high costs and high wages and employ companies to do all the work at the ground.

Afcb and others you need to get real and treat it as a commercial enterprise. Which means you are BANKRUPT file the petition let the liquidator sell the club to someone who will invest and build it. No sensible commercial operator is going to buy a business with all the historic and unservicable debts and unworkable/unafforda
ble contracts the club currently is stuck with honouring.

The time has come to start again with a clean sheet.

.

rotcoddam wrote:
It amazes me the number of supposedly finacially adept people who can't ,won't or refuse to grasp the root cause of this clubs constant financial shambles. AFCB HAS HARDLY ANY REAL FANS OR SUPPORTERS. Typical attendence seems to be around 3,000 at least some must be supporters for the visiting team. Even a special offer on season tickes sells as paltry 850. It is a small local footie team with a small band of local supporters.They seem to want to spend money on players and stands and directors as if they where a proper big time football club.

When I was at school (not that long ago) local teams got players who had played for the school then the town then the county and took them on as appentices. The lads where expected to do other jobs around the club for their pay as well as playing. Now all clubs seem to want is to buy ready to go players off the shelf at high costs and high wages and employ companies to do all the work at the ground.

Afcb and others you need to get real and treat it as a commercial enterprise. Which means you are BANKRUPT file the petition let the liquidator sell the club to someone who will invest and build it. No sensible commercial operator is going to buy a business with all the historic and unservicable debts and unworkable/unafforda

ble contracts the club currently is stuck with honouring.

The time has come to start again with a clean sheet.

.

Totally agree. All you have to do is look at the flash cars that are parked outside during the week. Who pays for these i wonder. If the club struggle to pay the wages and EM has had to pay the managers wages according to his statement then how can it afford Mr Blake wages now? How much does he earn?
If these so called millionaires have this much money and own the business, then it is they that should put their hands in their pockets to fund it, after all it is their business. To keep begging and asking fans to commit more and more money is outrageous to fund a business to enable the directors to buy more Bentleys and have dinners with Piers Morgan.

It is the first time in my life that I have ever seen or heard of a business who thinks that getting next years takings (TAKINGS MIND .. NOT PROFITS) collected in to pay a small part of the year before the year before lasts (yes three years ago) bills is a sound idea.

So what sort of moron do the directors think is gong to invest in or purchase a business where the current owners have already had the bulk of next years takings and spent them. Without I might add significantly reduceing the businesses debt mountain