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Post by myles on Jun 13, 2017 8:39:30 GMT
The comparison with Oyston seems a little bit uncalled for. Personally I'm concerned about certain people connected with the original FOUL (who enabled Firoz Kassam to buy and loot the club without putting sufficient assurances in place to protect the assets ) now attacking the current owner on unspecific grounds and taking every opportunity to drip poison. If you have something specific to say say it. Otherwise pipe down. Pipe down? I've raised some very specific, serious issues over the past few months regarding how the football club is currently being run and financed. If you choose to ignore those, or wish to raise counter arguments, that's fine. One thing I won't do is "pipe down" just because people don't like to hear things. As an aside, the only connection I had with FOUL was as a free, fringe member, the same as several hundred (thousand?) others, and I'm struggling to think who from the FOUL committee back in the day are now on this fourm "dripping poison"?
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Post by myles on Jun 13, 2017 8:44:37 GMT
I don't think IL lost money as DE seems to have bought up his debt, so it would probably be the same with whoever ends up buying the club from DE. A point of order here. IL effectively wrote off his outstanding debt of £4.2m by assigning it to Ensco in return for £1. And OUFCYellows is right - the club is now carrying the biggest level of debt (over £10m) since the pre-Kassam days.
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Post by Toeby on Jun 13, 2017 9:29:39 GMT
I agree with most of what Barts has said. Eales is a legend. Sartori might well be the dogs bollocks and a genuine bloke and I have no reason to think he's not, so this is no slight on him, but he's only talking the talk. Eales is the one who has walked the walk with a promotion, 2 Wembley cup runs, 2 great FA Cup runs and recruiting and keeping faith with Appleton who has given us the best team for a generation. This doesn't mean Eales is beyond reproach....but some of the comments and the tone of the comments being made about him are out of order. The man isn't perfect, but he has done a lot for this club. It's certainly the best time I've ever had watching Oxford. I think people are also forgetting that Eales has ploughed a lot of money into this club, and he may well want a return on it. If we stay where we are, I dare say he'll lose a lot of money but if we get into the Championship then I'm sure he'll lose less. The better the club does, the better Eales does. Will he really? I don't think IL lost money as DE seems to have bought up his debt, so it would probably be the same with whoever ends up buying the club from DE. If we get to the Championship then he will probably end up making quite a bit of money and not losing any... I think that's the reason he hasn't sold to JS at this point in time. You could well be right LJS. The point I was making is that if we get promoted then it's worth much more to Eales, so it's well within his best interests. However, some people don't seem to get this.
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Post by Mark on Jun 13, 2017 9:31:57 GMT
I don't think IL lost money as DE seems to have bought up his debt, so it would probably be the same with whoever ends up buying the club from DE. A point of order here. IL effectively wrote off his outstanding debt of £4.2m by assigning it to Ensco in return for £1. And OUFCYellows is right - the club is now carrying the biggest level of debt (over £10m) since the pre-Kassam days. Perhaps this is what scuppered the Sartori deal. It's one thing to think you are paying a fair price for a club that is not too far from challenging for promotion to the Championship, but to then find you are also buying £10million of historic debt of which £4million was actually written off by the owner before Eales was perhaps too rich.
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Post by oxfordmitch on Jun 13, 2017 9:38:34 GMT
I don't think IL lost money as DE seems to have bought up his debt, so it would probably be the same with whoever ends up buying the club from DE. A point of order here. IL effectively wrote off his outstanding debt of £4.2m by assigning it to Ensco in return for £1. And OUFCYellows is right - the club is now carrying the biggest level of debt (over £10m) since the pre-Kassam days. When you say over 10Mil, is the majority of this soft debt to Eales?
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Post by headingtonutd on Jun 13, 2017 9:38:58 GMT
A point of order here. IL effectively wrote off his outstanding debt of £4.2m by assigning it to Ensco in return for £1. And OUFCYellows is right - the club is now carrying the biggest level of debt (over £10m) since the pre-Kassam days. Perhaps this is what scuppered the Sartori deal. It's one thing to think you are paying a fair price for a club that is not too far from challenging for promotion to the Championship, but to then find you are also buying £10million of historic debt of which £4million was actually written off by the owner before Eales was perhaps too rich. The tone of Sartori's comments on the sale was more that Eales had decided not to sell than that he had decided it was overvalued though?
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Post by oufcyellows on Jun 13, 2017 9:41:49 GMT
Will he really? I don't think IL lost money as DE seems to have bought up his debt, so it would probably be the same with whoever ends up buying the club from DE. If we get to the Championship then he will probably end up making quite a bit of money and not losing any... I think that's the reason he hasn't sold to JS at this point in time. You could well be right LJS. The point I was making is that if we get promoted then it's worth much more to Eales, so it's well within his best interests. However, some people don't seem to get this. I don't think anyone doesn't get that.
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Post by Mark on Jun 13, 2017 10:03:12 GMT
Perhaps this is what scuppered the Sartori deal. It's one thing to think you are paying a fair price for a club that is not too far from challenging for promotion to the Championship, but to then find you are also buying £10million of historic debt of which £4million was actually written off by the owner before Eales was perhaps too rich. The tone of Sartori's comments on the sale was more that Eales had decided not to sell than that he had decided it was overvalued though? Hmm, perhaps the very public nature of this bid (which I think was a mistake) has alerted other potential buyers that whilst the club doesn't have a for-sale sign up, at the right price it could be sold. I wouldn't be surprised for a completely different takeover to take place out of the blue, a bit like when Eales bought the club from under the nose of the alternative consortium.
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Post by headingtonutd on Jun 13, 2017 10:05:28 GMT
The tone of Sartori's comments on the sale was more that Eales had decided not to sell than that he had decided it was overvalued though? Hmm, perhaps the very public nature of this bid (which I think was a mistake) has alerted other potential buyers that whilst the club doesn't have a for-sale sign up, at the right price it could be sold. I wouldn't be surprised for a completely different takeover to take place out of the blue, a bit like when Eales bought the club from under the nose of the alternative consortium. Quite possibly but I also think the Sartori bid is not dead in the water. I guess we will see in the fullness of time.
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Post by Barts on Jun 13, 2017 17:13:30 GMT
I don't think IL lost money as DE seems to have bought up his debt, so it would probably be the same with whoever ends up buying the club from DE. A point of order here. IL effectively wrote off his outstanding debt of £4.2m by assigning it to Ensco in return for £1. And OUFCYellows is right - the club is now carrying the biggest level of debt (over £10m) since the pre-Kassam days. If my recollections are correct, Lenaghan, merry and Thomas also said if they left we wouldn't be in any bigger debt than when they came in which was £2million. Then Eales (reportedly) bought a £4.5M debt from lenaghan for £1.
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Post by lambchop on Jun 13, 2017 17:19:19 GMT
What happens if 10 teams have a top 6 budget? Asking for a friend
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Post by upthecowboys on Jun 13, 2017 17:43:47 GMT
A point of order here. IL effectively wrote off his outstanding debt of £4.2m by assigning it to Ensco in return for £1. And OUFCYellows is right - the club is now carrying the biggest level of debt (over £10m) since the pre-Kassam days. Perhaps this is what scuppered the Sartori deal. It's one thing to think you are paying a fair price for a club that is not too far from challenging for promotion to the Championship, but to then find you are also buying £10million of historic debt of which £4million was actually written off by the owner before Eales was perhaps too rich. Mark..apologies as I think you may have answered this already..but! Why would Eales transfer that 4 mill dept to Ensco as opposed to just writing it off?
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Post by Mark on Jun 13, 2017 17:55:55 GMT
Perhaps this is what scuppered the Sartori deal. It's one thing to think you are paying a fair price for a club that is not too far from challenging for promotion to the Championship, but to then find you are also buying £10million of historic debt of which £4million was actually written off by the owner before Eales was perhaps too rich. Mark..apologies as I think you may have answered this already..but! Why would Eales transfer that 4 mill dept to Ensco as opposed to just writing it off? Not really sure. I can only think it's some sort of tax arrangement. So if for instance Sartori pays £10million for shares, there could be a capital gains tax bill, whereas £1 for shares and £10million to repay debt it could be tax free. I'm well out of of touch with tax law and company takeovers so just guessing.
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Post by Barts on Jun 13, 2017 19:11:49 GMT
A point of order here. IL effectively wrote off his outstanding debt of £4.2m by assigning it to Ensco in return for £1. And OUFCYellows is right - the club is now carrying the biggest level of debt (over £10m) since the pre-Kassam days. If my recollections are correct, Lenaghan, merry and Thomas also said if they left we wouldn't be in any bigger debt than when they came in which was £2million. Then Eales (reportedly) bought a £4.5M debt from lenaghan for £1. Just to make the point of my posts, I'm correcting a few things... On this, I'm wrong.
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Post by Barts on Jun 13, 2017 19:13:02 GMT
And isnt it entirely possibly that those of us wanting answers have heard things as in your last paragraph that worry is enough to feel the need to ask the questions ! Rather than is just having some personal hatred of Darryl ? Things Like mass staffing cuts, and transferral of a £4.5m loan that was written off and more. Mate, there hasn't been mass staffing cuts, people have just left. Just because a loan is on the books, doesn't mean it'll be paid back. We had a bigger debt with lenaghan. How much of that was repaid? My 1st and 3rd points. I'm wrong.
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Post by brassmonkey on Jun 13, 2017 20:17:30 GMT
I live in Scandinavia.
Sent from my SM-G930F using proboards
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Post by londonroader on Jun 13, 2017 20:54:49 GMT
What happens if 10 teams have a top 6 budget? Asking for a friend Tell your "friend" that 4 are telling porkies 😂
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Post by headingtonutd on Jun 13, 2017 21:02:18 GMT
What happens if 10 teams have a top 6 budget? Asking for a friend An angry mob heads out with torches and pitch forks and the first four chairmen caught are lynched. The remaining six are adored by all until the play offs are mathematically impossible or the torches burn out, whichever comes first.
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Post by oufcyellows on Jun 19, 2017 5:36:09 GMT
Darryl raised season ticket prices justifying it to give us the best chance of promotion and later saying it would be a top 6 budget Appleton now says he hasn't got one. How is it in the interests of oufc for a sale not to happen to Js who promised a promotion budget, a deal with Kassam for better terms and would also have invested heavily in academy.? It looks like Darryl hasn't now given us top 6 budget, nobody runs our academy still and we can't get a deal done with fk ever as they are not even bloody talking. Starting to sound like it's a lot more in Darryls interests than Oufc's. I pray to god that this pissing about and contradiction doesn't make mapp walk. Legend status can drop very quickly in football the article clearly talking about the recruitment side of the budget, not playing budget, you've got your wires crossed, again Looks like those wires weren't so crossed after all doesn't it looks like maybe what I was told about mapp walking was spot on. Still I'm sure u will here about it in a few months
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Post by horseman on Jun 19, 2017 6:54:36 GMT
Of course it's also feasible that even with the "Right" Backing that when an opportunity to move to the prem came along he was gone anyway !!!
Could it also be feasible that Mapp didn't feel he could "forever" keep pulling the "Gems" out of the hat to make our model a success?
He recently spoke of other clubs looking at what we achieved and doing similar and we needed to be one step ahead all the time hence why he spoke of Scandinavia.
Despite all what you mention on the subject you still never reveal how this all works in the interest of Darryl
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Post by oufcyellows on Jun 19, 2017 7:10:49 GMT
Because that's the one thing that nobody seems to know other than Darryl you will have to ask him over a pint and a hot dog. If it was his intention to make the championship and sell for more then he has probably just seen that walk out the door at least for this season. Still he can fund us all day at this level so no problem.
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Post by oufcyellows on Jun 19, 2017 7:13:11 GMT
Oh and yet another revelation has finally broken on twitter. Saint Darryl offered the club to stewart, Juan and even Kassam within the last 6months. Not for sale though and Best interests at heart
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Post by Denissmithswig on Jun 19, 2017 7:17:35 GMT
Oh and yet another revelation has finally broken on twitter. Saint Darryl offered the club to stewart, Juan and even Kassam within the last 6months. Not for sale though and Best interests at heart though You make it sound like Twitter is a credited news source.
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Post by oufcyellows on Jun 19, 2017 7:19:16 GMT
Oh and yet another revelation has finally broken on twitter. Saint Darryl offered the club to stewart, Juan and even Kassam within the last 6months. Not for sale though and Best interests at heart though You make it sound like Twitter is a credited news source. Depends who's posting it again I suppose. Come on Dennis wakey wakey
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Post by Denissmithswig on Jun 19, 2017 7:25:51 GMT
You make it sound like Twitter is a credited news source. Depends who's posting it again I suppose. Come on Dennis wakey wakey It wouldn't surprise me at all if Eales has offered the club around although surely there would be no point offering it to SD considering he can't own 2 football clubs. It looks like MApp is off and that is partly due to DE not having the funds straight away to give MApp the budget he wants. I don't blame DE for not over spending if he can't sustain it. What I am struggling with is fans that keep harping on about Satouri like he was going to be the saviour and believe every word he said about pumping money into the academy etc but then say DE is a liar and talk of him like the antichrist.
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Post by oufcyellows on Jun 19, 2017 7:31:32 GMT
Depends who's posting it again I suppose. Come on Dennis wakey wakey It wouldn't surprise me at all if Eales has offered the club around although surely there would be no point offering it to SD considering he can't own 2 football clubs. It looks like MApp is off and that is partly due to DE not having the funds straight away to give MApp the budget he wants. I don't blame DE for not over spending if he can't sustain it. What I am struggling with is fans that keep harping on about Satouri like he was going to be the saviour and believe every word he said about pumping money into the academy etc but then say DE is a liar and talk of him like the antichrist. I don't think anyone trusts sartori without knowing him. But everyone is fully aware that it's going to take more money than Darryl has to move forwards, he's said it himself enough times. If he had stuck with his I can fund us all day at this level most fans would back him. But he's constantly talked about going further while at the same time saying and acting like he can't afford to .
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Post by Denissmithswig on Jun 19, 2017 7:35:51 GMT
It wouldn't surprise me at all if Eales has offered the club around although surely there would be no point offering it to SD considering he can't own 2 football clubs. It looks like MApp is off and that is partly due to DE not having the funds straight away to give MApp the budget he wants. I don't blame DE for not over spending if he can't sustain it. What I am struggling with is fans that keep harping on about Satouri like he was going to be the saviour and believe every word he said about pumping money into the academy etc but then say DE is a liar and talk of him like the antichrist. I don't think anyone trusts sartori without knowing him. But everyone is fully aware that it's going to take more money than Darryl has to move forwards, he's said it himself enough times. If he had stuck with his I can fund us all day at this level most fans would back him. But he's constantly talked about going further while at the same time saying and acting like he can't afford to . He has said he can sustain us in league 1 and could fund a promotion push but it would be difficult to then sustain us in the championship. I would say that was being quite honest as I'm not sure many football owners admit they only have limited funds. You say no one trusts Satori without knowing him but then you keep going on about him so I take it that you know him?
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Post by uptheus on Jun 19, 2017 7:36:52 GMT
Oh and yet another revelation has finally broken on twitter. Saint Darryl offered the club to stewart, Juan and even Kassam within the last 6months. Not for sale though and Best interests at heart And if this is true then it makes the situation of turning down Satori very odd.
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Post by uptheus on Jun 19, 2017 7:41:02 GMT
I don't think anyone trusts sartori without knowing him. But everyone is fully aware that it's going to take more money than Darryl has to move forwards, he's said it himself enough times. If he had stuck with his I can fund us all day at this level most fans would back him. But he's constantly talked about going further while at the same time saying and acting like he can't afford to . He has said he can sustain us in league 1 and could fund a promotion push but it would be difficult to then sustain us in the championship. I would say that was being quite honest as I'm not sure many football owners admit they only have limited funds. You say no one trusts Satori without knowing him but then you keep going on about him so I take it that you know him? Why do you think MApp has left to go to a job which doesn't match his ambition? If he'd gone to be Leicester' manager then yes I could understand, but assistant? Doesn't match up I'm afraid.
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Post by Denissmithswig on Jun 19, 2017 7:44:23 GMT
He has said he can sustain us in league 1 and could fund a promotion push but it would be difficult to then sustain us in the championship. I would say that was being quite honest as I'm not sure many football owners admit they only have limited funds. You say no one trusts Satori without knowing him but then you keep going on about him so I take it that you know him? Why do you think MApp has left to go to a job which doesn't match his ambition? If he'd gone to be Leicester' manager then yes I could understand, but assistant? Doesn't match up I'm afraid. He has probably gone because Eales can't promise him the budget that he wants. I don't hold that against Eales though if he won't spend money the club doesn't have.
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