|
Post by Henbury Gas on May 16, 2016 13:18:58 GMT
Ron did well, but spent a HELL of a lot of money doing it, more than we could afford at times and that was thanks to LL, who himself was on a pretty penny. If your memory serves you correctly, you will recall that the back end of the 09 season was spent in awful form. We kept Lambo that summer (who was on circa 10k per week on his "new" contract) before selling him to So'ton. We couldnt reinvest it as we had a massive playing budget but a small squad. So LL left in 2010 once he had spent all of our budget and Trolls had the reigns. But Trolls kept faith with the old guard that hasd struggled for form the previous year and we were found out. Campbell should have gone that summer, his legs had gone or at least signed a new first choice CM to partner Lines. Wright, Regan, Coles, Anthoney were all a disruptive influence on good money. Penny, was a good appointment made slightly too late IMO. Reason for that was that the board wanted Mick Harford and Geraint Williams in a dual role but they both wanted 100k a year and no deal could be done. Sadly for Penny the dressing room ruled, we couldnt sign anyone and nothing Penny could do would influence the change, Higgs had no choice but to sack Penny and give it to Cams, even though the football was equally as poor. Verdict: Top to bottom it was a mess and everyone was equally culpable. As I said, Buckle should have been a nailed on appointment, he was given a good budget and signed some good players, Smudge, Brown, Muzzy but it just wasnt clicking on the pitch for some reason and then he lost the fans with his comments, there wasnt much more the board could do. Verdict: Good appointment, didnt work out. MM talked a good game, had a good pedigree and Higgs fell for the silver tongue, instead perhaps we should have gone for Richard Money who I sat next to 2 games in a row and was dead keen on the job. The promise was there after he dragged us up the league. He suffered a bit from having to put up with Buckles squad on long contracts, but again his own recruitment let him down. He was backed by the board (what more could they do) and then lost the plot. Verdict: Questionable appointment that went horribly wrong - Board must carry 50% of the blame. Ward only wanted a 6 month deal then a DOF role, Higgs persauded him otherwise, which was a mistake as his heart wasnt in it. Poor recruitment, poor tactics, poor football. Verdict: Terrible appointment. Board must share 40% of the blame for relegation but also it was Wards fault for the terrible football we played. We were also unlucky to go down on our points total and GD. The only silver lining was appointing DC. However, in all of the appointments, what other candidates were realistically available and did they want to come if offered the role? Other ones we were linked to in that period were Paul Ince, Sean O'Driscoll, Danny Wilson, Richard Money just to name a few and have they faired any better? The one that got away IMO was Gary Johnson. Regarding the Stadium, well the watertight contract was well and truly fecked up by our lawyers and nothing to do with the club. We acted in accordance with everything we were told to do from stage 1. Simply put, if Higgs and the board allowed Sainsburys to walk away in 2013 for £2m then we wouldnt still have the chance of the stadium, and we wouldnt have the Al'Quadi's to build it. They wouldnt have even been interested in us. The club couldnt say anything because of the legal implications. The rest is history. The Wonga loan, well there was no alternative as in bank lending, when you lose £1m a year from the off and your income doesnt cover it, not many banks will lend you finance, Higgs had propped us up enough and wanted out and had the Jordanians and a few others on the table. Why would he another million in and only get a £1 back? If the debts will be cleared then take the high interest loan and let the new backers swallow it. Perfectly good business sense to me. As a fan who doesnt know the ins and outs of everything but the reality is that Higgs could still underpin it. You see its easy to run a business from the outside in when it isnt your money. Different story when it is you in the hot seat. I agree, Higgs could have probably done, and if he had the chance to do things a lot differently and also been a bit more PR savvy with the fans, that said, he pumped in an awful lot of money, more than any fan could do in a lifetime and for that its only right he should be thanked and respected. Nobody asked NH to pump any money into the club and TBH we'd probably be in a far better position if he hadn't. He became Chairman when we were just about breaking even in Div 1 but left us in Div 2 with circa £10m debts. Nobody else wanted it
|
|
|
Post by gashead1981 on May 16, 2016 15:29:17 GMT
Nobody asked NH to pump any money into the club and TBH we'd probably be in a far better position if he hadn't. He became Chairman when we were just about breaking even in Div 1 but left us in Div 2 with circa £10m debts. Nobody else wanted it Exactly. Dunford tried to sell us once and no one came in for us then. When NH took over there was nothing to buy apart from the Mem. At least there was a vision in place with planning to do something with the club. That vision is what sold the club. It wasnt the potential of the Mem or the fact we were a mini Man U in the making, it was the fact the club had We were just about breaking even only after writing off shares and injecting money in and that was before the recession hit hard in 2008 and we lost income from the Rugby. We were losing a million a season before we did anything then we had relegations, manager sackings and no cup runs to speak of. How else was the club supported financially if he didnt? We would have been £16m or so in the red.
|
|
|
Post by peterparker on May 16, 2016 16:13:48 GMT
Does having PP for a stadium outweigh everything? That is all NH left us with.
He had a manager he didn't even back going into the conference season unless you count "He has a contract" as a vote of fecking confidence.
But for the grace of a higher power we stumbled a cross a decent young manager who managed to keep moving forward whilst those above were sinking the ship
Do we owe DC or NH more for making us vaguely attractive to a buyer?
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on May 16, 2016 17:27:43 GMT
Ron did well, but spent a HELL of a lot of money doing it, more than we could afford at times and that was thanks to LL, who himself was on a pretty penny. If your memory serves you correctly, you will recall that the back end of the 09 season was spent in awful form. We kept Lambo that summer (who was on circa 10k per week on his "new" contract) before selling him to So'ton. We couldnt reinvest it as we had a massive playing budget but a small squad. So LL left in 2010 once he had spent all of our budget and Trolls had the reigns. But Trolls kept faith with the old guard that hasd struggled for form the previous year and we were found out. Campbell should have gone that summer, his legs had gone or at least signed a new first choice CM to partner Lines. Wright, Regan, Coles, Anthoney were all a disruptive influence on good money. Penny, was a good appointment made slightly too late IMO. Reason for that was that the board wanted Mick Harford and Geraint Williams in a dual role but they both wanted 100k a year and no deal could be done. Sadly for Penny the dressing room ruled, we couldnt sign anyone and nothing Penny could do would influence the change, Higgs had no choice but to sack Penny and give it to Cams, even though the football was equally as poor. Verdict: Top to bottom it was a mess and everyone was equally culpable. As I said, Buckle should have been a nailed on appointment, he was given a good budget and signed some good players, Smudge, Brown, Muzzy but it just wasnt clicking on the pitch for some reason and then he lost the fans with his comments, there wasnt much more the board could do. Verdict: Good appointment, didnt work out. MM talked a good game, had a good pedigree and Higgs fell for the silver tongue, instead perhaps we should have gone for Richard Money who I sat next to 2 games in a row and was dead keen on the job. The promise was there after he dragged us up the league. He suffered a bit from having to put up with Buckles squad on long contracts, but again his own recruitment let him down. He was backed by the board (what more could they do) and then lost the plot. Verdict: Questionable appointment that went horribly wrong - Board must carry 50% of the blame. Ward only wanted a 6 month deal then a DOF role, Higgs persauded him otherwise, which was a mistake as his heart wasnt in it. Poor recruitment, poor tactics, poor football. Verdict: Terrible appointment. Board must share 40% of the blame for relegation but also it was Wards fault for the terrible football we played. We were also unlucky to go down on our points total and GD. The only silver lining was appointing DC. However, in all of the appointments, what other candidates were realistically available and did they want to come if offered the role? Other ones we were linked to in that period were Paul Ince, Sean O'Driscoll, Danny Wilson, Richard Money just to name a few and have they faired any better? The one that got away IMO was Gary Johnson. Regarding the Stadium, well the watertight contract was well and truly fecked up by our lawyers and nothing to do with the club. We acted in accordance with everything we were told to do from stage 1. Simply put, if Higgs and the board allowed Sainsburys to walk away in 2013 for £2m then we wouldnt still have the chance of the stadium, and we wouldnt have the Al'Quadi's to build it. They wouldnt have even been interested in us. The club couldnt say anything because of the legal implications. The rest is history. The Wonga loan, well there was no alternative as in bank lending, when you lose £1m a year from the off and your income doesnt cover it, not many banks will lend you finance, Higgs had propped us up enough and wanted out and had the Jordanians and a few others on the table. Why would he another million in and only get a £1 back? If the debts will be cleared then take the high interest loan and let the new backers swallow it. Perfectly good business sense to me. As a fan who doesnt know the ins and outs of everything but the reality is that Higgs could still underpin it. You see its easy to run a business from the outside in when it isnt your money. Different story when it is you in the hot seat. I agree, Higgs could have probably done, and if he had the chance to do things a lot differently and also been a bit more PR savvy with the fans, that said, he pumped in an awful lot of money, more than any fan could do in a lifetime and for that its only right he should be thanked and respected. Nobody asked NH to pump any money into the club and TBH we'd probably be in a far better position if he hadn't. He became Chairman when we were just about breaking even in Div 1 but left us in Div 2 with circa £10m debts. Tbf Higgs didn't wrack up the entire £10M debt on his watch, we already had a big debt when he took over. Yes, it did go up under him, but saying or implying he single handedly got us £10M in debt is wrong.
|
|
|
Post by Hugo the Elder on May 16, 2016 17:38:29 GMT
Nobody asked NH to pump any money into the club and TBH we'd probably be in a far better position if he hadn't. He became Chairman when we were just about breaking even in Div 1 but left us in Div 2 with circa £10m debts. Tbf Higgs didn't wrack up the entire £10M debt on his watch, we already had a big debt when he took over. Yes, it did go up under him, but saying or implying he single handedly got us £10M in debt is wrong. Aye, it was only 8M. Arise Sir Nick.
|
|
|
Post by Topper Gas on May 16, 2016 18:10:18 GMT
Nobody asked NH to pump any money into the club and TBH we'd probably be in a far better position if he hadn't. He became Chairman when we were just about breaking even in Div 1 but left us in Div 2 with circa £10m debts. Tbf Higgs didn't wrack up the entire £10M debt on his watch, we already had a big debt when he took over. Yes, it did go up under him, but saying or implying he single handedly got us £10M in debt is wrong. The only debt when NH took over was the Mem mortgage, NH then decided we budget on the basis 9,500 fans would turn up each home match knowing full well they wouldn't, so he'd have to put a £1m of his own money into the club each season.
|
|
|
Post by newmarketgas on May 16, 2016 18:16:17 GMT
NH should have let us go bust, it would not have got him any more sh**e. We are the most ungrateful bunch of arses sometimes. Sad times when people want to kick a man for fun on a forum !
|
|
|
Post by newmarketgas on May 16, 2016 18:17:47 GMT
Arise every know all know F all member of a forum. Hip Hip................F this sh**e !
|
|
|
Post by You can call me Al. on May 16, 2016 18:47:35 GMT
Jesus H Christ isn't it soddin time to move on!
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on May 16, 2016 18:48:59 GMT
Jesus H Christ isn't it soddin time to move on! Agreed.
|
|
|
Post by Topper Gas on May 16, 2016 19:49:43 GMT
Jesus H Christ isn't it soddin time to move on! It was a form mod who started the thread?
|
|
|
Post by Hugo the Elder on May 16, 2016 20:39:46 GMT
Yep, I started the thread.
Don't see why we shouldn't be able to discuss it in a civil way to be honest either.
It's pretty obvious what the subject is from the thread title.
If people who support Nick or those that have no good words to say about him can't read an opposing view without being abusive to one another or without getting all butt-hurt then they shouldn't read or contribute to this particular thread.
There are plenty of other threads here or start a new one like I did!
Enjoy YOUR forum. It's got something for everyone!
|
|
|
Post by Henbury Gas on May 17, 2016 6:28:05 GMT
I still think we need a statue for Sir Nick at the new Stadium complex
|
|
|
Post by newmarketgas on May 17, 2016 6:31:51 GMT
Ha
|
|
|
Post by oldgas on May 17, 2016 6:57:52 GMT
Yep, I started the thread. Don't see why we shouldn't be able to discuss it in a civil way to be honest either. It's pretty obvious what the subject is from the thread title. If people who support Nick or those that have no good words to say about him can't read an opposing view without being abusive to one another or without getting all butt-hurt then they shouldn't read or contribute to this particular thread. There are plenty of other threads here or start a new one like I did! Enjoy YOUR forum. It's got something for everyone! Any thread on NH is going to stir up a hornets nest, it's only to be expected. There's been another on Paul Trollope which has generated some fierce debate, all good fun at the end of the day.
|
|
|
Post by Topper Gas on May 17, 2016 7:22:29 GMT
Yep, I started the thread. Don't see why we shouldn't be able to discuss it in a civil way to be honest either. It's pretty obvious what the subject is from the thread title. If people who support Nick or those that have no good words to say about him can't read an opposing view without being abusive to one another or without getting all butt-hurt then they shouldn't read or contribute to this particular thread. There are plenty of other threads here or start a new one like I did! Enjoy YOUR forum. It's got something for everyone! Any thread on NH is going to stir up a hornets nest, it's only to be expected. There's been another on Paul Trollope which has generated some fierce debate, all good fun at the end of the day. Agreed, problem is neither side is going to agree with the other sides point of view, perhaps after the good end to the season we've had, it's time to move on.
|
|
|
Post by Hugo the Elder on May 17, 2016 11:28:44 GMT
Any thread on NH is going to stir up a hornets nest, it's only to be expected. There's been another on Paul Trollope which has generated some fierce debate, all good fun at the end of the day. Agreed, problem is neither side is going to agree with the other sides point of view, perhaps after the good end to the season we've had, it's time to move on. Or time to reassess? I was one of his fiercest critics come the end but maybe, just maybe I was a little too harsh. Beats all the threads about the sh** that were appearing though.
|
|
|
Post by LJG on May 17, 2016 12:56:29 GMT
How do you know that he sold his shares for £1? Genuine question. I'm closely related to a director from the "old regime". There is lots I know which I haven't and never would post on this forum. There is also a lot I don't know too as I wasn't told everything. Hi Emma, send our love to Michael. Do you think he'll rejoin the Gas if Posh let him go?
|
|
|
Post by gasincider on May 17, 2016 13:27:28 GMT
Bit like the fans directors then. They were told feck all as well.
|
|
|
Post by gashead1981 on May 17, 2016 13:30:07 GMT
And from what I've been told, they haven't been told a great deal since either.
|
|