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Mark Lawn

Discussion in 'City Talk' started by Pineapple Salesman, Oct 27, 2018.

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  1. BoingBoing

    BoingBoing Emergency Backup

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    Evidence of this Dennis?
     
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  2. BoingBoing

    BoingBoing Emergency Backup

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    Not when he is challenging everyone that posts a different opinion than him and abusing others and calling them WUMs because they refuse to bow to him.

    He needs to feck off back to Old Trafford and the Prawn Sarnie brigade unless he can back up his claims with some evidence
     
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  3. Dennis

    Dennis Captain
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    It's all included in the charge which Mr & Mrs Lawn placed on the club when they provided the loan. It's in the public record for Bradford City Football Club at Companies House.
     
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  4. Rogered Tart

    Rogered Tart Regular Starter
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    We go back to the old scenario Den, business men don't get rich by giving their money away. Lawn lent the club the money when no one would go near them but lets not kid ourselves about the risk involved. I don't blame him though, i would want as many guarantees as possible to reduce the risk of my money going down the toilet.
     
  5. BoingBoing

    BoingBoing Emergency Backup

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    So why did both Lawn and Rhodes claim that the club needed the money (from the loan) and that he risked losing his family’s legacy? I can see why Lawn would want to lie, but why would Rhodes claim it too?
     
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  6. Rogered Tart

    Rogered Tart Regular Starter
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    Refuse to bow to him? Give over, its a football forum, albeit the softest one on the internet. His angle of posting against what seems to be a love in for Lawn is welcome.
     
  7. HUDDERSSBANTAM

    HUDDERSSBANTAM Squad Player

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    How would the charge work if the club doesn't have a great deal of assets?
     
  8. Dennis

    Dennis Captain
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    Indeed. He provided a loan to the club of which he was joint-chairman and therefore fully conversant with the risks linked to the club. Then he wrapped the loan in further legal protection by way of a charge on the club's assets and revenues in case something untoward happened. I'd have done exactly the same in his situation but let's not pretend he did it for philanthropic reasons.
     
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  9. Dennis

    Dennis Captain
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    The club had more assets and future revenue streams to cover his loan. He would have had first call on those, eg selling a player if he had wanted to call in the loan or if the club had been in danger of becoming insolvent. As it was, it was the LC run which provided the club with more than enough readies to repay him.
     
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  10. Lard Arse

    Lard Arse Impact Sub
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    Fully agree Dennis, but one stand out comment in there is 'Joint-chairman'. He couldn't have done this on his own. In fact the Rhodes family were majority shareholders at this time. Lawn was not culpable as an individual for this.
     
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  11. BoingBoing

    BoingBoing Emergency Backup

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    A love in? Give over. Most comments have criticised Lawn. But his loan did come at a critical time for the club. It was needed and helped take us forward. We may not have had the success without.

    But Simon keeps claiming this and that and hasn’t provided 1 scrap of evidence to back it up. Instead he has balled out a City fan and threatened to get him banned for WUMming. Who is WUMming who though?

    Rahic is allegedly taking a monthly salary of £11k a month (not to mention a similar amount for his wife). Just Rahic’s “expense” alone equates to £121k a year, yet Simon is hammering Lawn for taking nearly £95k? Please!!!!
     
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  12. Rogered Tart

    Rogered Tart Regular Starter
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    I'm glad someone else sees it like this. I for one am not knocking Lawn for putting in the money in. But he is an astute business man and with that comes the need for a return on any investment on any monies put into the various businesses he has a vested interest in.
    For some reason some get all dewy eyed when talk of Lawn and his role of joint chairman pops up. Yes he made a better fist of it than the two current incumbents but if it wasn't for Parky where would we be. Its him that got us to where we were two years ago.
     
  13. Dennis

    Dennis Captain
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    If you recall, the £1mill loan was used to finance McCall's first stint at the club when he assembled the nearly squad - McLaren, Lee, Boulding etc. Unfortunately that little gamble didn't work out. But irrespective of what it was used for, the loan was a charge against the club.
     
  14. BoingBoing

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    But has has been asked, what assets did we have at the time of the loan? No ground, no players worth £50k let alone £1m, no profit streams (hence the need for the loan in the 1st place). So come on, what assets did he secure against?
     
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  15. Rogered Tart

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    He isn't hammering Lawn. Read it with out the Lawn specs on. He's looking at it from a neutral point of view as he has no attachment to our club.
     
  16. Rogered Tart

    Rogered Tart Regular Starter
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    No Dennis, it was sent to the club in used notes in a large cardboard box with a big claret and amber bow on it marked donation.
     
  17. Dennis

    Dennis Captain
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    There was about a million of assets in the BS at the time. You can easily check that. There were also a lot of sell ons for Delph etc and revenue coming into the club from ticket sales, EFL revenues etc in addition to that. His charge covered all of these revenue streams. If these had been imaginary.he wouldn't have gone to the trouble of placing the charge on the company.
     
  18. BoingBoing

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    Nobody is denying he got a healthy return on his loan. The question is how he managed to secure it against ZERO assets. I don’t think anyone is claiming it to be a ‘gift’.

    This is the kind of ‘debate’ I am talking about, where folk make up comments to reinforce their own views.....!
     
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  19. BoingBoing

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    If it’s easy to check, I await you providing the evidence. We had no assets, no players of any value and I’m sure it isn’t possible to place a charge against a ‘what might be’, such as Delph. Look what happened to Cleverly for example. Absolutely no guarantee we would get any money from sell-ons, so I’m not sure you could add hypotheticals to a legal charge?
     
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  20. Dennis

    Dennis Captain
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    Quite possibly! Fortunately, Mr & Mrs Lawn were better advised than that in how to protect themselves from the club going belly up and them losing their loan. Whatever anybody might think of loan, he was and is a canny businessman.
     
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