Cherries: Mitchell insists club is not in financial difficulty

CHAIRMAN Eddie Mitchell last night defended Cherries’ staff “restructuring” and insisted there were no financial problems at Dean Court.

Mitchell was speaking after seven members of non-playing personnel were understood to have been made redundant by the League One outfit.

The Cherries chief refused to reveal the number of job losses but Daily Echo sources suggest seven employees departed the club on Monday.

Supporters reacted angrily to the news that long-serving programme editor and photographer Mick Cunningham was among the casualties.

Commercial executive Tom Jeffes confirmed he had also left, with the further job losses believed to include people from commercial, accounts, ground staff, Black Label Events and Hot Radio.

Mitchell told the Daily Echo: “We have done a certain amount of restructuring within the club.

“We have got our aims set high. To reach the goals which we believe are best to secure the future of the club, which is to try to get ourselves playing at a higher level of football, we have to remain hungry, not just on the pitch but off the pitch.

“There were a certain amount of adjustments to be done to do that.”

Cherries invested heavily in players during January and some sections of the Dean Court faithful have raised concerns about the club’s finances.

But Mitchell dismissed that talk and said: “There are no financial problems with the club whatsoever.”

Asked whether he had any regrets over the job losses, Mitchell said: “Of course I have. Some of them are friends of mine.

“I have been here three-and-a-half, nearly four, years and you can’t ignore the fact that you get to know people, get to respect their strengths and weaknesses and become involved with them.

“It is not something which I take lightly whatsoever but, on the other hand, I am here to do a job and that job is to secure the club’s future and to play the best football we can for the fans. I won’t shy away from making difficult decisions.”

Mitchell stressed that his vision for Cherries remained long-term and added: “I have been here three-and-a-half to four years and I don’t see any reason why I won’t repeat that.

“Since I have been here, I have had to make tough decisions and some of the decisions I have made have not been popular. But while it is my job to do what I think is best for the club, I will do that.”

At the time of the Echo going to print, there had been no official statement from Cherries on their website.

Comments(43)

RammsteinUK says...
7:13am Wed 6 Mar 13

I believe you eddie lol ... hahahahahhahahah .

PeterFrance says...
7:30am Wed 6 Mar 13

Sadly, for the past 2 years I have been telling you that this would end in tears!

tricky1007 says...
7:34am Wed 6 Mar 13

as i said before if there was financial problems at the club i dont think letting the lowest paid go would solve the problem. Players would be leaving on loan to get them off the wage bill, or is that a silly thing to suggest? Maybe people should not always look at the club as a glass half empty on every single thing they do.

ging999 says...
7:35am Wed 6 Mar 13

This statement totally contradicts what seems to be actually happening.

Question1......Mr.Mi
tchell, would you say you have a good working relationship with Mr.Demin ?
Question2.....Will there be further people leaving the club, including players.
Question3......Is Mr.Demin's funding of the club coming to an end ? Answers please.

RammsteinUK says...
7:52am Wed 6 Mar 13

Peter the Blind Deaf and Dumb will never listen until the club has gone ! Those people REALLY think you can spend what Bournemouth are spending and somehow it will be ok !!
mitchell is getting his boys thro a recession for a long as he can and the rest is bluff !! All this cunningham stuff by supporters makes me sick ! Give them 3 points on sat and he will be history in their minds

cjfoot says...
8:06am Wed 6 Mar 13

I have tolerated from afar your antics and behaviour over the past years. I have supported your moves to advance the club both on and off the field. You have now done what I consider a gross act of stupidity. There are far better ways of saving expenditure than suddenly cull loyal staff. Mick Cunningham is a legend at AFCB who has done more for the Club than you can ever know. Reinstate him before it is too late.

alasdair1967 says...
8:16am Wed 6 Mar 13

In the past Mitchell has insisted that players won't be sold !

bobsworthforever says...
8:38am Wed 6 Mar 13

Come on boys after last nights results every chance of promotion.As for the finances havent got a clue anyone who can work out clubs finances must be a genius unfortunately none on here.Lets not worry about it just want a decent win on Saturday.As for Mr Cunningham and his mates very sad that anyone should be made redundant at this time hope things improve for them all soon.

N Smith says...
8:44am Wed 6 Mar 13

Questions for EM is Tom Mitchell still on the pay roll and how much is he being paid and why ?

Roband65 says...
9:08am Wed 6 Mar 13

Wages of £700,000 pa on EH ,£300,000 pa JT 30 players in the squad average £1500 per week per player £ 2.3 million per annum plus Mitchell and his motley crew does making people on possibly normal average wages redundant make sense or even scratch the overheads !

Brock_and_Roll says...
9:13am Wed 6 Mar 13

You have to hand it to Mitchell.....

Not only has AFCB seen his building firm through the worst downturn in the building industry on record, but he has even been able to find lucrative McJobs for his relatives.

Those that moan about this are wrong - AFCB IS A BUSINESS THAT BELONGS TO ITS SHAREHOLDERS AND NOONE ELSE. We are just "customers". Like Reggie Perrin, if EM wants to run the business badly with incompetants at the helm, that is entirely his decision. For example, I would love to know how many flash motors the Mitchell's have on lease via the club - but I doubt I will find out as its a private matter for the company.

The only thing us fans can do if we are unhappy about the direction of the club is to take our customer elsewhere - which of course we are loathe to do.

lionheart says...
9:13am Wed 6 Mar 13

What a load of tosh from Edmund. Mick is an AFCB legend and great ambassador for the club.

About time the Mitchell's were loaned out to get them off our payroll. Nobody would have them though.All past there sell by date.

Hope the Echo are providing translations of these posts to Maxim Demin and his two Russian directors.

Frankiesbackfromhollywood says...
9:19am Wed 6 Mar 13

It appears the assumption a lot are making is that this is a cost cutting exercise, really these people are not being let go on a cost cutting exercise, for one they are not earning big wages, and secondly they will have to be paid a redundancy package which in Micks case will be substantial as he's been at the club a long time. This may not be a popular move and I don't like it either but I am not going to read this as the club in financial trouble. We have been in trouble in the past I think we know the signs and signing Howe, signing Ritchie with cash up front just weeks ago are not signs we are in financial trouble, more like there are going to be changes at board level and the new board have their own ideas of how to run the commercial sector of the business, it's not like our previous models have worked to well is it? It is never good to see redundancies and I wish all those that have gone every success in their futures but sometimes these things have to happen, harsh I know but that's the world today.

ging999 says...
9:20am Wed 6 Mar 13

These questions won't be answered by Mitchell. Maybe we should all be careful before 'The Echo', gets banned again. Nothing to hide though, is there ?

STEADY EDDIE 1 for the road says...
9:26am Wed 6 Mar 13

RammsteinUK wrote:
Peter the Blind Deaf and Dumb will never listen until the club has gone ! Those people REALLY think you can spend what Bournemouth are spending and somehow it will be ok !!
mitchell is getting his boys thro a recession for a long as he can and the rest is bluff !! All this cunningham stuff by supporters makes me sick ! Give them 3 points on sat and he will be history in their minds
Oh dear, did you get Skanked by Mitchell as well ar some point. So bitter and twisted.!!!!!!.

devon fan says...
9:53am Wed 6 Mar 13

whatever the reasons behind these redundancies the one thing that is certain is we will never be told the truth, it is a shame when at a time when we are told that the club has never been in better shape that this should happen, and to people who have been loyal to the club and done an excellent job, all Mr Mitchell has done is to open the door for rumours and suspicion and give the knockers of the club the chance to post their biased criticism, it does make you wonder if the players current form is a result of affairs going on behind the scenes, and I feel it is about time the club were more open and honest, a statement showing the reason for these moves and the way that the board see the improvements to the clubs structure by these moves would be appreciated and would help people to understand

LeGod says...
10:23am Wed 6 Mar 13

For all the flack that has gone our two clubs over the last few weeks and for all your fans coming on our forum revelling in the fact that our previous owner wanted out otherwise he was prepared to put us into administration even though we had no debt i hope that Bournemouth dont go through the same scenario we have just been through as lets face it none of us really know the truth of what goes on inside a club and the financial situations its all guess work.

I do however not being a Bournemouth fan but i know a fair view i wouldnt trust Mitchell as far as i could see him as in business with his building company he has a bad reputation of being a bit of a villain and it would not surprise me in the slightest if he is covering more up that you fans know. Ok you have the russian with all his money but i can still see him and Mitchell falling out in the not too distant future.
The problem with football in this country is all the foreign owners we have let in to run our clubs and i believe the majority are not all they are made out to be and lets face it Birmingham.Man City, Notts County plus a few more have all fallen victim.
The rules they have in Germany to me are the right way football should be in this country with no foreign owner and all clubs showing their finances must be in the black before the season starts otherwise they can start. There is alot to be said for the way the germans have it structured but i think now in this country there are so many clubs in financial diarray that it will never happen.

Brock_and_Roll says...
11:18am Wed 6 Mar 13

LeGod wrote:
For all the flack that has gone our two clubs over the last few weeks and for all your fans coming on our forum revelling in the fact that our previous owner wanted out otherwise he was prepared to put us into administration even though we had no debt i hope that Bournemouth dont go through the same scenario we have just been through as lets face it none of us really know the truth of what goes on inside a club and the financial situations its all guess work. I do however not being a Bournemouth fan but i know a fair view i wouldnt trust Mitchell as far as i could see him as in business with his building company he has a bad reputation of being a bit of a villain and it would not surprise me in the slightest if he is covering more up that you fans know. Ok you have the russian with all his money but i can still see him and Mitchell falling out in the not too distant future. The problem with football in this country is all the foreign owners we have let in to run our clubs and i believe the majority are not all they are made out to be and lets face it Birmingham.Man City, Notts County plus a few more have all fallen victim. The rules they have in Germany to me are the right way football should be in this country with no foreign owner and all clubs showing their finances must be in the black before the season starts otherwise they can start. There is alot to be said for the way the germans have it structured but i think now in this country there are so many clubs in financial diarray that it will never happen.
Good points - of course common sense will never prevail in the UK. For starters there is no way the big clubs would ever agree to anything that would have the effect of limiting their financial freedom and levelling the playing field with other clubs.

RammsteinUK says...
1:15pm Wed 6 Mar 13

Eddie Mitch and all the little Mitches dont care about YOU the fan at all ONE BIT ! Do you think it matters to him whether 3000 or 5000 or 9000 come into the ground on 26 Match days a year !! The money from the Turnstile is TOTALLY IRRELEVANT ! it covers NOTHING .Wait for next set of Figures !.. I repeat NO club could go on like this and the whole thing is a BLUFF to get a living for 20/30/40 people thro a DREADFUL RECESSION and the football club will be the cost of this

coops1965 says...
2:10pm Wed 6 Mar 13

I cannot believe the negative comments on this site, you need to look at the state of the club when Mitchell took over, just look at where we are now and look at the revenue generated at the stadium. I have supported this club for 40 years as well but I am not blinkered and nor stupid either. I have seen the likes of Eddy Mitchell before and they have come and gone as well, but none of them have brought the wealth that he has to the club.
Look at the bigger picture people, for sure it's a real shame about Mick Cunningham, I worked with him a long time ago and yes he is a legend but things change and time moves on. We would not be in the position we are in now if Mr Mitchell had not taken over.
I do not believe every word he says either but I can see what is in front of me every week at Dean Court, we are going places especially with People like Max Denim on board, who would not be with us save foe Eddie Mitchell.

U T C I A D.

Phil McG (Italy) says...
2:10pm Wed 6 Mar 13

RammsteinUK wrote:
Peter the Blind Deaf and Dumb will never listen until the club has gone ! Those people REALLY think you can spend what Bournemouth are spending and somehow it will be ok !!
mitchell is getting his boys thro a recession for a long as he can and the rest is bluff !! All this cunningham stuff by supporters makes me sick ! Give them 3 points on sat and he will be history in their minds
RammsteinUK wrote:

'All this cunningham stuff by supporters makes me sick ! Give them 3 points on sat and he will be history in their minds.'

True Bournemouth supporters are not as fickle as you suggest. Of course we want The Cherries to win, get promoted and so on but that has no bearing on how we feel about the way Mick has been treated. Your ignorance speaks volumes.

RammsteinUK says...
3:45pm Wed 6 Mar 13

Coops1965 what WEALTH ????????????????????
???????????????? You are back in 1980s and Early 2000s !! This WEALTH Is now in 2013 called DEBT !! NO WEALTH !! THE club is Millions in DEBT !! IT loses MONEY apart from what the guys on the tarmac get instead of being on the dole !! Have you not learnt a thing !

lockandload says...
4:03pm Wed 6 Mar 13

Demin writes a cheque out when asked, for £500,000 for Richie just weeks ago. He didnt even blink when he did it and people here think that he is leaving AFCB.

We have 3 Russians on the board , if anything they are getting more involved.

I am of the opinion if AFCB went into the Championship then they would move to buy out Mitchell , something I am sure is in their agreement already.
Mitchell would walk away with a suitcase of money . End of story!

coops1965 says...
4:12pm Wed 6 Mar 13

RammsteinUK wrote:
Coops1965 what WEALTH ????????????????????

???????????????? You are back in 1980s and Early 2000s !! This WEALTH Is now in 2013 called DEBT !! NO WEALTH !! THE club is Millions in DEBT !! IT loses MONEY apart from what the guys on the tarmac get instead of being on the dole !! Have you not learnt a thing !
I wish I was back in the eighties but there you go, what with dead turn styles crumbling terraces violence at most games, oh mate it sounds like heaven.

Seriously tho' the club is in a much better overall state now than it was three years ago I mean you cannot compare the debt against the overall level of success or the general health and turnover of the business because otherwise Man Utd would be bankrupt along with all the high street banks !

We are a much better club now than we were three years ago even with the debt but that debt is not a problem with uncle Max in tow is it.

I suppose if he were to call it in then yes there may be a problem but our turn over is the envy of most clubs in our division and that cannot be ignored, I appreciate that there is debt but managed properly it can still be sustained within a healthy business.

coops1965 says...
4:16pm Wed 6 Mar 13

lockandload wrote:
Demin writes a cheque out when asked, for £500,000 for Richie just weeks ago. He didnt even blink when he did it and people here think that he is leaving AFCB.

We have 3 Russians on the board , if anything they are getting more involved.

I am of the opinion if AFCB went into the Championship then they would move to buy out Mitchell , something I am sure is in their agreement already.
Mitchell would walk away with a suitcase of money . End of story!
Hey Mr Lock and Load, now there is a much more advised and leveled opinion than some of the other negative views.
As far as I can make out Mr Denim is a proper fan of this club and is in for the long haul, so buckle up people and enjoy the ride we are going places, God I am sick and tired of the doom and gloom merchants, for F**k sake enjoy it and embrace the success.

ging999 says...
4:22pm Wed 6 Mar 13

coops1965 wrote:
I cannot believe the negative comments on this site, you need to look at the state of the club when Mitchell took over, just look at where we are now and look at the revenue generated at the stadium. I have supported this club for 40 years as well but I am not blinkered and nor stupid either. I have seen the likes of Eddy Mitchell before and they have come and gone as well, but none of them have brought the wealth that he has to the club.
Look at the bigger picture people, for sure it's a real shame about Mick Cunningham, I worked with him a long time ago and yes he is a legend but things change and time moves on. We would not be in the position we are in now if Mr Mitchell had not taken over.
I do not believe every word he says either but I can see what is in front of me every week at Dean Court, we are going places especially with People like Max Denim on board, who would not be with us save foe Eddie Mitchell.

U T C I A D.
And we all know whose pocket you are in don't we.
We are not going anywhere until the FUTURE finances of this club are sorted out.
Also, on l&l's point, why would Demin buy out Mitchell for total control ? We are a small club, with gates hovering between 8-9000. Surely someone with his wealth has to be looking at a premiership club, which would mean him having to dispose of us.

coops1965 says...
4:34pm Wed 6 Mar 13

ging999 wrote:
coops1965 wrote:
I cannot believe the negative comments on this site, you need to look at the state of the club when Mitchell took over, just look at where we are now and look at the revenue generated at the stadium. I have supported this club for 40 years as well but I am not blinkered and nor stupid either. I have seen the likes of Eddy Mitchell before and they have come and gone as well, but none of them have brought the wealth that he has to the club.
Look at the bigger picture people, for sure it's a real shame about Mick Cunningham, I worked with him a long time ago and yes he is a legend but things change and time moves on. We would not be in the position we are in now if Mr Mitchell had not taken over.
I do not believe every word he says either but I can see what is in front of me every week at Dean Court, we are going places especially with People like Max Denim on board, who would not be with us save foe Eddie Mitchell.

U T C I A D.
And we all know whose pocket you are in don't we.
We are not going anywhere until the FUTURE finances of this club are sorted out.
Also, on l&l's point, why would Demin buy out Mitchell for total control ? We are a small club, with gates hovering between 8-9000. Surely someone with his wealth has to be looking at a premiership club, which would mean him having to dispose of us.
Once again Mr Ging or whatever your name is, completely miss guided and miss appropriated information that just happens to suit your narrow minded view.
I am certainly not in anyone's pocket I work for a living mate and for a company that is as far removed from anything related to Mr Mitchell as you can get.
I am a real supporter who gets behind the team and will at the same time slate and barrack the board if I feel it necessary, the point is I have not just jumped on the band wagon of Mitchell bashers because that wagon is already full of single viewed people who cannot or will not see the light because it suits them not to.
Finally if Max Denim was interested in any other club he would have already gone, there have been enough up for sale over the last couple of years, our club has real potential and he wants part of it. Read between the lines people he is here because he loves the club why would you put that much money in otherwise, please I do not want an answer to that.
Like I said narrow minded views and negativity from people when it is easier to be positive.
U T C I A D.

dustbindanny says...
4:35pm Wed 6 Mar 13

Coop,s 1965' well said, I couldn't,t agree more with you! People don't seem to realise that if the club had gone bust when Mitchell took over there would have been more than just seven people losing their jobs ?

Red & Black Stripes says...
5:07pm Wed 6 Mar 13

The Timing of this is very strange.I don't know why these people have been made redundant?I feel very sad for them and wish them all the best in the hunt for work they will need it.Why now ? I don't agree with it but if i wanted to get rid of staff ( sorry Restructure )would you not think about doing it in the summer when you could hope allot of fans would here about it.with the team loosing the last four games to drop this on us well BAD TIMING!!

Red & Black Stripes says...
5:07pm Wed 6 Mar 13

The Timing of this is very strange.I don't know why these people have been made redundant?I feel very sad for them and wish them all the best in the hunt for work they will need it.Why now ? I don't agree with it but if i wanted to get rid of staff ( sorry Restructure )would you not think about doing it in the summer when you could hope allot of fans would here about it.with the team loosing the last four games to drop this on us well BAD TIMING!!

smhinto says...
5:11pm Wed 6 Mar 13

Has anybody considered that the reason for these redundancies is to pay off Bradbury after his High Court claim for 375k.
.
Just a thought.
.
Regards

ging999 says...
5:24pm Wed 6 Mar 13

Can someone please tell me of any benefit we gain by wiping out the youth team coaches.
I'm trying not to be negative but I can't see any positives at all.

ging999 says...
5:25pm Wed 6 Mar 13

Can someone please tell me of any benefit we gain by wiping out the youth team coaches.
I'm trying not to be negative but I can't see any positives at all.

STEADY EDDIE 1 for the road says...
6:03pm Wed 6 Mar 13

ging999 wrote:
coops1965 wrote:
I cannot believe the negative comments on this site, you need to look at the state of the club when Mitchell took over, just look at where we are now and look at the revenue generated at the stadium. I have supported this club for 40 years as well but I am not blinkered and nor stupid either. I have seen the likes of Eddy Mitchell before and they have come and gone as well, but none of them have brought the wealth that he has to the club.
Look at the bigger picture people, for sure it's a real shame about Mick Cunningham, I worked with him a long time ago and yes he is a legend but things change and time moves on. We would not be in the position we are in now if Mr Mitchell had not taken over.
I do not believe every word he says either but I can see what is in front of me every week at Dean Court, we are going places especially with People like Max Denim on board, who would not be with us save foe Eddie Mitchell.

U T C I A D.
And we all know whose pocket you are in don't we.
We are not going anywhere until the FUTURE finances of this club are sorted out.
Also, on l&l's point, why would Demin buy out Mitchell for total control ? We are a small club, with gates hovering between 8-9000. Surely someone with his wealth has to be looking at a premiership club, which would mean him having to dispose of us.
What's with the we & us. I think it is pretty obvious that you are not an Afcb supporter at all. I bet if i go on the Swindon or Scummer sites i will find you posting on one of the, so stop posting crap and behave yourself......

STEADY EDDIE 1 for the road says...
6:07pm Wed 6 Mar 13

coops1965 wrote:
ging999 wrote:
coops1965 wrote:
I cannot believe the negative comments on this site, you need to look at the state of the club when Mitchell took over, just look at where we are now and look at the revenue generated at the stadium. I have supported this club for 40 years as well but I am not blinkered and nor stupid either. I have seen the likes of Eddy Mitchell before and they have come and gone as well, but none of them have brought the wealth that he has to the club.
Look at the bigger picture people, for sure it's a real shame about Mick Cunningham, I worked with him a long time ago and yes he is a legend but things change and time moves on. We would not be in the position we are in now if Mr Mitchell had not taken over.
I do not believe every word he says either but I can see what is in front of me every week at Dean Court, we are going places especially with People like Max Denim on board, who would not be with us save foe Eddie Mitchell.

U T C I A D.
And we all know whose pocket you are in don't we.
We are not going anywhere until the FUTURE finances of this club are sorted out.
Also, on l&l's point, why would Demin buy out Mitchell for total control ? We are a small club, with gates hovering between 8-9000. Surely someone with his wealth has to be looking at a premiership club, which would mean him having to dispose of us.
Once again Mr Ging or whatever your name is, completely miss guided and miss appropriated information that just happens to suit your narrow minded view.
I am certainly not in anyone's pocket I work for a living mate and for a company that is as far removed from anything related to Mr Mitchell as you can get.
I am a real supporter who gets behind the team and will at the same time slate and barrack the board if I feel it necessary, the point is I have not just jumped on the band wagon of Mitchell bashers because that wagon is already full of single viewed people who cannot or will not see the light because it suits them not to.
Finally if Max Denim was interested in any other club he would have already gone, there have been enough up for sale over the last couple of years, our club has real potential and he wants part of it. Read between the lines people he is here because he loves the club why would you put that much money in otherwise, please I do not want an answer to that.
Like I said narrow minded views and negativity from people when it is easier to be positive.
U T C I A D.
Forget him/her/it mate, just a retarded wum, not worth responding to them.

ging999 says...
6:31pm Wed 6 Mar 13

STEADY EDDIE 1 for the road wrote:
coops1965 wrote:
ging999 wrote:
coops1965 wrote:
I cannot believe the negative comments on this site, you need to look at the state of the club when Mitchell took over, just look at where we are now and look at the revenue generated at the stadium. I have supported this club for 40 years as well but I am not blinkered and nor stupid either. I have seen the likes of Eddy Mitchell before and they have come and gone as well, but none of them have brought the wealth that he has to the club.
Look at the bigger picture people, for sure it's a real shame about Mick Cunningham, I worked with him a long time ago and yes he is a legend but things change and time moves on. We would not be in the position we are in now if Mr Mitchell had not taken over.
I do not believe every word he says either but I can see what is in front of me every week at Dean Court, we are going places especially with People like Max Denim on board, who would not be with us save foe Eddie Mitchell.

U T C I A D.
And we all know whose pocket you are in don't we.
We are not going anywhere until the FUTURE finances of this club are sorted out.
Also, on l&l's point, why would Demin buy out Mitchell for total control ? We are a small club, with gates hovering between 8-9000. Surely someone with his wealth has to be looking at a premiership club, which would mean him having to dispose of us.
Once again Mr Ging or whatever your name is, completely miss guided and miss appropriated information that just happens to suit your narrow minded view.
I am certainly not in anyone's pocket I work for a living mate and for a company that is as far removed from anything related to Mr Mitchell as you can get.
I am a real supporter who gets behind the team and will at the same time slate and barrack the board if I feel it necessary, the point is I have not just jumped on the band wagon of Mitchell bashers because that wagon is already full of single viewed people who cannot or will not see the light because it suits them not to.
Finally if Max Denim was interested in any other club he would have already gone, there have been enough up for sale over the last couple of years, our club has real potential and he wants part of it. Read between the lines people he is here because he loves the club why would you put that much money in otherwise, please I do not want an answer to that.
Like I said narrow minded views and negativity from people when it is easier to be positive.
U T C I A D.
Forget him/her/it mate, just a retarded wum, not worth responding to them.
A fellow fan but with a different point of view and out come the insults. Typical for someone who is losing the debate.
Open your eyes(and mind). There is something seriously wrong here with the club.
Redundancies are NOT good news, especially the ones that have been made. Mark my words......players next.

BournemouthRobin says...
6:37pm Wed 6 Mar 13

lockandload wrote:
Demin writes a cheque out when asked, for £500,000 for Richie just weeks ago. He didnt even blink when he did it and people here think that he is leaving AFCB.

We have 3 Russians on the board , if anything they are getting more involved.

I am of the opinion if AFCB went into the Championship then they would move to buy out Mitchell , something I am sure is in their agreement already.
Mitchell would walk away with a suitcase of money . End of story!
Andrew Black wrote a cheque for circa £350,000 for us, then less than two months later we were up for sale and hip deep in it.....

I do hope this doesn't happen to you and am only saying to make the point that nobody really knows how their club is being run - whatever team is supported.

Good luck against Donny on saturday

nonnogeppetto says...
6:41pm Wed 6 Mar 13

smhinto wrote:
Has anybody considered that the reason for these redundancies is to pay off Bradbury after his High Court claim for 375k.
.
Just a thought.
.
Regards
Maybe to pay for the VODKA!!!

What did you think about that awful decision last night (awful in my view anyway!) I think it cost Man U the game

dustbindanny says...
6:59pm Wed 6 Mar 13

Max demin is a director of afc bournemouth,he,appar
ently has ' Loaned' the club £6 million ? All director,s of business,s do this because if the club goes bust or t--t,s up anybody could buy the club for ,let,s say £1' , but the club will still owe the £6million debt to the loaner, that is where bankruptcy and arbitration come in. You might not get all your money back ,but at least you won't loose it all?

dustbindanny says...
7:01pm Wed 6 Mar 13

Should have said look at Portsmouth as an example.

goatty says...
9:34pm Wed 6 Mar 13

N Smith wrote:
Questions for EM is Tom Mitchell still on the pay roll and how much is he being paid and why ?
Yes he is and £85,000 plus perks

jakeysredd says...
10:37pm Wed 6 Mar 13

coops1965 wrote:
I cannot believe the negative comments on this site, you need to look at the state of the club when Mitchell took over, just look at where we are now and look at the revenue generated at the stadium. I have supported this club for 40 years as well but I am not blinkered and nor stupid either. I have seen the likes of Eddy Mitchell before and they have come and gone as well, but none of them have brought the wealth that he has to the club.
Look at the bigger picture people, for sure it's a real shame about Mick Cunningham, I worked with him a long time ago and yes he is a legend but things change and time moves on. We would not be in the position we are in now if Mr Mitchell had not taken over.
I do not believe every word he says either but I can see what is in front of me every week at Dean Court, we are going places especially with People like Max Denim on board, who would not be with us save foe Eddie Mitchell.

U T C I A D.
Hi been a supporter for over forty years myself, I have noticed we will never know the full story, that comes from previous owners as well, The niggle in my mind, is Max Demin just funding the club on a loan basis, or is he genuinely 49%- 50% club owner, he is not named in the club program like the other directors, including the other Russians, if it is just a loan are we heading in the same direction of Pompey etc, Mitchel has done a fair job getting the club where we are today even though its been a rocky ride, feel sorry for any job losses especially in the economic climate we are in at the moment, my biggest fear is we dont go up this season which looks very much in the balance, what happens next season on our huge budget, as you and I know our fans dont turn up when the team is not winning as seen earlier this season,

gameon says...
10:55pm Wed 6 Mar 13

ging999 wrote:
This statement totally contradicts what seems to be actually happening.

Question1......Mr.Mi

tchell, would you say you have a good working relationship with Mr.Demin ?
Question2.....Will there be further people leaving the club, including players.
Question3......Is Mr.Demin's funding of the club coming to an end ? Answers please.
Very good questions ging999 which deserve a truthfull answer.And you know our honest upright Chairman will answer your questions truthfully and sincerely as his record shows ????????.

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