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Level Of Optimism For The Rest Of Season

Discussion in 'City Talk' started by BSABantam74, Feb 16, 2020.

?

Whats Your Optimism Level ?

  1. Its Over and now all about next season

    31 vote(s)
    24.6%

  2. We're Hanging In There Hell We Can Still Do It !

    57 vote(s)
    45.2%

  3. We're Probably Finishing 9th

    27 vote(s)
    21.4%

  4. Cant Be Arsed Watching Us ?

    11 vote(s)
    8.7%
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Page 14 of 14
  1. Onside

    Onside Squad Player
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    I thought I saw numbers in there compared to other numbers;)
     
    #261 Onside, Feb 26, 2020
  2. Dennis

    Dennis Captain
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    What family money? That was used to buy their shares in the club from GR. What funded the promotion was an investment bank, Singer & Friedlander, and a leasing company which funded the player aquisitions.
     
    #262 Dennis, Feb 26, 2020
  3. Onside

    Onside Squad Player
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    That was when we went into the Prem? Somebody definitely funded our push when we were in Div 1 aka Championship?
     
    #263 Onside, Feb 26, 2020
  4. Fordy117

    Fordy117 Just call me Mr Flip-Flop!
    Bubbles car wash

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    As a person none.

    However, he had plans the issue he couldn't be carry it out on his own which he thought he could.
     
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    #264 Fordy117, Feb 26, 2020
  5. Dennis

    Dennis Captain
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    Yes, JR has said that in the past. But the decision to pay an enormous dividend from a loss making company was not GR's in isolation. The decision to pay the dividend was agreed by the entire board of directors. JR was culpable in that decision.

    In Admin 2, JR chose not to invest further money from the company he and Gibb had set up for that very purpose. That's what forced to club into a default on the original Admin 1 agreement. That was down to JR and not Gibb.
     
    #265 Dennis, Feb 26, 2020
  6. Onside

    Onside Squad Player
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    How can you pay yourself a dividend in a loss making company? Isn’t that illegal?

    Have you looked at the records from that time?
     
    #266 Onside, Feb 26, 2020
  7. Dennis

    Dennis Captain
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    Yes, S&F. It was in the period when we were in what is now the Championship.It's in the accounts for the year in which we gained promotion.
     
    #267 Dennis, Feb 26, 2020
    Onside likes this.
  8. Dennis

    Dennis Captain
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    Is it illegal? These days definitely. In those days, had the auditors done their job properly, they should have qualified the accounts.

    And yes, for my sins, I have a copy of all of the accounts for all of the companies involved in the club from before that time. That's where the facts are for all to see .. for those who know what they're looking for.
     
    #268 Dennis, Feb 26, 2020
    Onside and Interested Bystander like this.
  9. Interested Bystander

    Interested Bystander Important Player
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    Right plan, wrong club
     
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    #269 Interested Bystander, Feb 26, 2020
    Fordy117 likes this.
  10. Bronco

    Bronco Star Player
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter Euro 2020 P.L. 20/21 Top 30

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    Wrong man, wrong plan, and certainly wrong club.
     
    #270 Bronco, Feb 26, 2020
    marshy77 likes this.
  11. Interested Bystander

    Interested Bystander Important Player
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    Right idea, wrong bloke to implement it, and def wrong club
     
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    #271 Interested Bystander, Feb 26, 2020
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  12. Onside

    Onside Squad Player
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    Well I certainly would not know where to look, and would probably need some help to decipher them. Let me get this straight, the money that the Rhodes family paid for shares in the club went straight into GR’s sky rocket, and this company were like some sort of bridging loan? ie they funded the push into the Prem? How did they make their money? What was the arrangement for paying the loan back?

    Then Rhodes and GR paid themselves dividends when our club was literally up to its eyeballs in debt? So not only GR lied to us, but so did the Rhodes family? What your saying is that all these dealings with this company and payment of dividends could not have taken place without them knowing what happened?
     
    #272 Onside, Feb 26, 2020
  13. marshy77

    marshy77 Emergency Backup

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    what was the right idea?
     
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    #273 marshy77, Feb 27, 2020
    Onside likes this.
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