Cherries: Mitchell insists club is not in financial difficulty (From Thisisdorset)
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Cherries: Mitchell insists club is not in financial difficulty
7:00am Wednesday 6th March 2013 in Latest Sport
By Ian Wadley
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)
PeterFrance
says...
7:30am Wed 6 Mar 13
tricky1007
says...
7:34am Wed 6 Mar 13
ging999
says...
7:35am Wed 6 Mar 13
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
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
alasdair1967
says...
8:16am Wed 6 Mar 13
bobsworthforever
says...
8:38am Wed 6 Mar 13
N Smith
says...
8:44am Wed 6 Mar 13
Roband65
says...
9:08am Wed 6 Mar 13
Brock_and_Roll
says...
9:13am Wed 6 Mar 13
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
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
ging999
says...
9:20am Wed 6 Mar 13
STEADY EDDIE 1 for the road
says...
9:26am Wed 6 Mar 13
RammsteinUK wrote:Oh dear, did you get Skanked by Mitchell as well ar some point. So bitter and twisted.!!!!!!.
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
devon fan
says...
9:53am Wed 6 Mar 13
LeGod
says...
10:23am Wed 6 Mar 13
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: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.
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.
RammsteinUK
says...
1:15pm Wed 6 Mar 13
coops1965
says...
2:10pm Wed 6 Mar 13
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: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
'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
???????????????? 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
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: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.
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 !
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:Hey Mr Lock and Load, now there is a much more advised and leveled opinion than some of the other negative views.
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!
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:And we all know whose pocket you are in don't we.
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.
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: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.
coops1965 wrote:And we all know whose pocket you are in don't we.
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.
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.
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
Red & Black Stripes
says...
5:07pm Wed 6 Mar 13
Red & Black Stripes
says...
5:07pm Wed 6 Mar 13
smhinto
says...
5:11pm Wed 6 Mar 13
.
Just a thought.
.
Regards
ging999
says...
5:24pm Wed 6 Mar 13
I'm trying not to be negative but I can't see any positives at all.
ging999
says...
5:25pm Wed 6 Mar 13
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: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......
coops1965 wrote:And we all know whose pocket you are in don't we.
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.
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.
STEADY EDDIE 1 for the road
says...
6:07pm Wed 6 Mar 13
coops1965 wrote:Forget him/her/it mate, just a retarded wum, not worth responding to them.
ging999 wrote: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.
coops1965 wrote:And we all know whose pocket you are in don't we.
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.
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.
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.
ging999
says...
6:31pm Wed 6 Mar 13
STEADY EDDIE 1 for the road wrote:A fellow fan but with a different point of view and out come the insults. Typical for someone who is losing the debate.
coops1965 wrote:Forget him/her/it mate, just a retarded wum, not worth responding to them.
ging999 wrote: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.
coops1965 wrote:And we all know whose pocket you are in don't we.
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.
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.
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.
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: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.....
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!
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:Maybe to pay for the VODKA!!!
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
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
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
goatty
says...
9:34pm Wed 6 Mar 13
N Smith wrote:Yes he is and £85,000 plus perks
Questions for EM is Tom Mitchell still on the pay roll and how much is he being paid and why ?
jakeysredd
says...
10:37pm Wed 6 Mar 13
coops1965 wrote: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,
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.
gameon
says...
10:55pm Wed 6 Mar 13
ging999 wrote: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 ????????.
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...
7:13am Wed 6 Mar 13