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Post by phillistine on Jul 4, 2023 18:21:13 GMT
I can see massive issues for any assets associated with Piley. The proceeds of crime will be working overtime to seize anything of value associated with this fraud. If they took over the ownership of Fleetwood Town there's not a lot they could do with it apart from selling it on as a going concern to the highest bidder? You do have to wonder if they are a viable concern without Pilley's, illicit, funding. According to the accounts published year ending 2022 the club has tangible assets of just over £3million but overall liabilities of over £27 million which were owed to AJ Pilley or Companies owed by him. There were no loan agreements in place and the loans are payable upon demand. Just because Pilley is imprisoned doesn't mean that he has lost his wealth and so theoretically the club could continue as long as he does not ask for his money back but you just cannot imagine that is a long term proposition as the club will struggle without additional backing. |
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Post by warehamgas on Jul 4, 2023 18:23:52 GMT
13 years is a long sentence and the judge was scathing in his sentencing about Piley. The fraud was a long-standing crime and must have effected hundreds if not thousands of people and businesses. Will they look to reclaim all the proceeds of the fraud? I can’t see how they can if it’s been invested into the football club. They may concentrate on squeezing all they can out of Piley’s personal wealth. I suppose he must have ferreted some of the money away to family and overseas accounts which will be difficult to claim.
Either way a complete mess but at least we now know how Fleetwood have managed to buy some big players for League 1 over the years and achieve over what you would expect for a team with such low attendances. Cheats I think.
UTG!
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Post by phillistine on Jul 4, 2023 18:26:42 GMT
13 years is a long sentence and the judge was scathing in his sentencing about Piley. The fraud was a long-standing crime and must have effected hundreds if not thousands of people and businesses. Will they look to reclaim all the proceeds of the fraud? I can’t see how they can if it’s been invested into the football club. They may concentrate on squeezing all they can out of Piley’s personal wealth. I suppose he must have ferreted some of the money away to family and overseas accounts which will be difficult to claim. Either way a complete mess but at least we now know how Fleetwood have managed to buy some big players for League 1 over the years and achieve over what you would expect for a team with such low attendances. Cheats I think. UTG! The club has £3million of tangible assets and he owns it |
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Post by warehamgas on Jul 4, 2023 18:31:28 GMT
13 years is a long sentence and the judge was scathing in his sentencing about Piley. The fraud was a long-standing crime and must have effected hundreds if not thousands of people and businesses. Will they look to reclaim all the proceeds of the fraud? I can’t see how they can if it’s been invested into the football club. They may concentrate on squeezing all they can out of Piley’s personal wealth. I suppose he must have ferreted some of the money away to family and overseas accounts which will be difficult to claim. Either way a complete mess but at least we now know how Fleetwood have managed to buy some big players for League 1 over the years and achieve over what you would expect for a team with such low attendances. Cheats I think. UTG! The club has £3million of tangible assets and he owns it By that do you mean that the £3m of assets and the football club could be seized by the authorities seeking to reclaim the fraud? UTG! |
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Deleted
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Post by Deleted on Jul 4, 2023 19:03:35 GMT
So much for the FA"s fit and proper person test.
"He told Pilley, who went to prison for four months in 1998 for conspiracy to steal from the Post Office when he was a counter clerk, "yours could have been the remarkable story of redemption".
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Post by greeniebrfc on Jul 4, 2023 19:30:52 GMT
shirly fleetwood should get a massive points deduction ?
Tinpot club who deserve to be playing in the Northon league div 1
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Post by westfieldgas on Sept 8, 2023 10:42:48 GMT
Following Scott Brown's dismissal, I see Karl Robinson has rejected job at Cod Army. I would love Robinson here in the future, class L1 manager. Little Lee Johnson now favourite for the role!
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Post by gashead987 on Sept 8, 2023 11:18:07 GMT
Following Scott Brown's dismissal, I see Karl Robinson has rejected job at Cod Army. I would love Robinson here in the future, class L1 manager. Little Lee Johnson now favourite for the role! Couldn't disagree more about Robinson. In my opinion a truly awful manager. I know he had a few decent seasons at Oxford, but they always fell short in terms of getting promotion, and last season he totally lost the plot, and his post match interviews were absolutely laughable (I live in Oxford, and used to tune in for the entertainment value). Think that 90% of Oxford fans are of the same opinion. |
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Post by warehamgas on Sept 8, 2023 11:38:54 GMT
Following Scott Brown's dismissal, I see Karl Robinson has rejected job at Cod Army. I would love Robinson here in the future, class L1 manager. Little Lee Johnson now favourite for the role! Couldn't disagree more about Robinson. In my opinion a truly awful manager. I know he had a few decent seasons at Oxford, but they always fell short in terms of getting promotion, and last season he totally lost the plot, and his post match interviews were absolutely laughable (I live in Oxford, and used to tune in for the entertainment value). Think that 90% of Oxford fans are of the same opinion. As well as the ‘few decent seasons at Oxford’ he had several very good seasons at MKD. I agree westfield, a decent manager at this level as the stats show. And of course what we should learn is that for managers and players, previous performance is never an indicator of future success or failure. We of all people should know that. I think Karl R is similar to JB, he divides opinion and I’d never use the Oxford fans as a true indicator of what someone is like. Istr they had a pretty low opinion of Chris Wilder!! UTG! |
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Post by gashead987 on Sept 8, 2023 15:05:05 GMT
Couldn't disagree more about Robinson. In my opinion a truly awful manager. I know he had a few decent seasons at Oxford, but they always fell short in terms of getting promotion, and last season he totally lost the plot, and his post match interviews were absolutely laughable (I live in Oxford, and used to tune in for the entertainment value). Think that 90% of Oxford fans are of the same opinion. As well as the ‘few decent seasons at Oxford’ he had several very good seasons at MKD. I agree westfield, a decent manager at this level as the stats show. And of course what we should learn is that for managers and players, previous performance is never an indicator of future success or failure. We of all people should know that. I think Karl R is similar to JB, he divides opinion and I’d never use the Oxford fans as a true indicator of what someone is like. Istr they had a pretty low opinion of Chris Wilder!! UTG! Granted, he did have a pretty good record at MKD, never managed a full season at Charlton, and this posting on the Oxford forum below, sums up his record there, a couple of decent seasons! Wouldn't want him here, there are better managers out there Whilst I don't think this debate will stop by p86 of this thread, the best I can describe KR's time here is a bell curve. Starting from a low base point, we saw struggles turn to gradual improvement from 2018-19, a peak of achievements by making a play-off final in 2019-20, a plateau-to-decline in 2020-21, a further decline 2021-22 and then implosion to liquidation in 2022-23. It follows a bell curve perfectly and where you regard him as 'achieving' something depends on your stopping point. If he'd departed after the Wycombe playoff final, he may have been viewed more favourably. It was weird circumstances that saw us there and we were never ahead in any of the three playoff matches we played so it's hard to judge that 'achievement' overall. Judge him by the train wreck he left here when he was thankfully relieved of his duties (and let's face it, most of us wanted that a lot sooner - before Christmas 2022 and some would argue after his disastrous summer window) and it's not pretty reading. The good times were very much soured by the bad and for all the excitement of the new signings, I still don't expect much from us this season. We have passengers, crocks and bang average players picking up hefty wages on long contracts. It'll take time to shift them such was the panic to make signings for the first eight months of 2022. |
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Post by warehamgas on Sept 8, 2023 16:43:29 GMT
As well as the ‘few decent seasons at Oxford’ he had several very good seasons at MKD. I agree westfield, a decent manager at this level as the stats show. And of course what we should learn is that for managers and players, previous performance is never an indicator of future success or failure. We of all people should know that. I think Karl R is similar to JB, he divides opinion and I’d never use the Oxford fans as a true indicator of what someone is like. Istr they had a pretty low opinion of Chris Wilder!! UTG! Granted, he did have a pretty good record at MKD, never managed a full season at Charlton, and this posting on the Oxford forum below, sums up his record there, a couple of decent seasons! Wouldn't want him here, there are better managers out there Whilst I don't think this debate will stop by p86 of this thread, the best I can describe KR's time here is a bell curve. Starting from a low base point, we saw struggles turn to gradual improvement from 2018-19, a peak of achievements by making a play-off final in 2019-20, a plateau-to-decline in 2020-21, a further decline 2021-22 and then implosion to liquidation in 2022-23. It follows a bell curve perfectly and where you regard him as 'achieving' something depends on your stopping point. If he'd departed after the Wycombe playoff final, he may have been viewed more favourably. It was weird circumstances that saw us there and we were never ahead in any of the three playoff matches we played so it's hard to judge that 'achievement' overall. Judge him by the train wreck he left here when he was thankfully relieved of his duties (and let's face it, most of us wanted that a lot sooner - before Christmas 2022 and some would argue after his disastrous summer window) and it's not pretty reading. The good times were very much soured by the bad and for all the excitement of the new signings, I still don't expect much from us this season. We have passengers, crocks and bang average players picking up hefty wages on long contracts. It'll take time to shift them such was the panic to make signings for the first eight months of 2022. Fair enough, your opinion. But as I said ‘previous performance is never an indication of future success……’ And to use fans forums as a measure!!! UTG! |
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Post by Topper Gas on Sept 8, 2023 17:51:30 GMT
Following Scott Brown's dismissal, I see Karl Robinson has rejected job at Cod Army. I would love Robinson here in the future, class L1 manager. Little Lee Johnson now favourite for the role! Baffling where Fleetwood are still getting their money from and why Pulley, so far anyway, seems to have gotten away without a proceeds of crime order. |
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Post by phillistine on Sept 8, 2023 22:07:14 GMT
Following Scott Brown's dismissal, I see Karl Robinson has rejected job at Cod Army. I would love Robinson here in the future, class L1 manager. Little Lee Johnson now favourite for the role! Baffling where Fleetwood are still getting their money from and why Pulley, so far anyway, seems to have gotten away without a proceeds of crime order. i cant figure how Fleetwood are still able to operate. Regards of proceeds of crime you would expect some of the people who were wronged to start civil proceedings - alleging breach of professional duty |
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Post by readinggas on Sept 9, 2023 6:25:36 GMT
Baffling where Fleetwood are still getting their money from and why Pulley, so far anyway, seems to have gotten away without a proceeds of crime order. i cant figure how Fleetwood are still able to operate. Regards of proceeds of crime you would expect some of the people who were wronged to start civil proceedings - alleging breach of professional duty
They get an average of 3.5k through the gate so matchday revenues are alright and the stadium is modern so minimal dilapidations. Whether they're busy running up a hefty debt on unfunded wages, however...
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Post by gasify on Sept 9, 2023 9:19:00 GMT
It doesn't seem to have existed for years? They've got a Facebook profile "The Cod Army" where most fans seem to be standing by Pilley, they don't seem to appreciate how he made the money he's been spending on their club. Like a gangsters side piece that’s turned the blind eye to the extortion, gangland murders, drive by’s and trafficking, but it’s sound because she’s head to toe in all the latest…. Loose example but you get the angle I was going for😄 Or wife beating or assault. |
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Post by percy on Sept 10, 2023 15:27:20 GMT
Lee Johnson appointed now I think
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Post by matealotblue on Sept 10, 2023 15:37:11 GMT
Lee Johnson appointed now I think Yep….adds a bit more “interest” to the fixture…..  |
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Post by Topper Gas on Sept 15, 2023 15:43:29 GMT
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pirate
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Post by pirate on Jun 1, 2024 8:00:56 GMT
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BS9gas
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Post by BS9gas on Jun 1, 2024 8:09:00 GMT
It says The 52-year-old was found guilty on all the charges, which include two counts of running a business with the intention of defrauding creditors, one count of false representations, and one count of being concerned with the retention of criminal property
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