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Post by myles on Aug 18, 2017 8:31:24 GMT
But, judging by his previous posts, not to Myles. Hence my post. No, it doesn't come as a great surprise to me, but not sure why that means I can't then comment on this latest story? As tonyw says, this deal seems particularly seedy even by the standards of private equity. In fact, I think Tony's post has it pretty much nailed, especially the last paragraph.
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Post by Eaststandboy on Aug 18, 2017 12:01:56 GMT
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Post by malcolmnl on Aug 18, 2017 12:04:47 GMT
Because they read Yellows Forum...
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Post by Bue Guado on Aug 18, 2017 12:09:42 GMT
Done a good job of not making any implications though, credit to them.
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Post by oxvox on Aug 18, 2017 16:36:59 GMT
Hi all
As you would expect, we have contacted Darryl for comment and he has re-assured us that this has been in the public domain and that he had had no personal involvement post the end of 2012. His view is that the issue is the poor Ofsted report and that this was a management issue and not LDC.
We are of course looking at the situation, but have chosen not to make a more formal 'OxVox statement' until we are sure we have as many facts as possible from our own investigations, rather than immediately jumping on and speculating on media/newspaper stories.
For now, we hope this helps!
Jem
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Post by rickyotto on Aug 18, 2017 20:44:46 GMT
Certainly from an oxvox perspective waiting for the facts is appropriate.
Also excellent for oxvox and Darryl that there is an open relationship where the lines of communication back to fans are kept open
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Post by charliesghost on Aug 19, 2017 6:55:03 GMT
Certainly from an oxvox perspective waiting for the facts is appropriate. Also excellent for oxvox and Darryl that there is an open relationship where the lines of communication back to fans are kept open Is this not all a little absurd? A) what business is it of ours, unless one takes a rather generous view of us as 'taxpayers'? B) the facts of the matter are clear and not in dispute. I read that financial Times piece and there was no denial from learndirect or from ldc as to what has happened and when. Both companies - as you would expect from the most painstaking newspaper in the world - had been contacted and had everything put to them. I guess - if one does not view moral judgement or nosiness as part of a supporters trust remit - there is one salient matter for Oxvox. In what way might this case affect oufc? Having advised on various similar situations (including a ghastly session trying to persuade fred Goodwin to say sorry) I can tell you that it cannot/ will not. Any meaningful fines/ punishment would be at ldc level.
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Post by oufcyellows on Aug 19, 2017 8:00:08 GMT
That's Fred Goodwin (twice) and alastair campbell now name dropped 👀🙊 just for balance, me and will young never spoke on the matter when I saw him buying coffee at peartree costa, and Timmy mallet once offered to swap hats cos he liked my beanie, and that's just off the top off my head.
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Post by manorlounger on Aug 19, 2017 9:07:52 GMT
That's Fred Goodwin (twice) and alastair campbell now name dropped 👀🙊 just for balance, me and will young never spoke on the matter when I saw him buying coffee at peartree costa, and Timmy mallet once offered to swap hats cos he liked my beanie, and that's just off the top off my head. No pun intended?
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Post by oufcyellows on Aug 19, 2017 9:12:22 GMT
That's Fred Goodwin (twice) and alastair campbell now name dropped 👀🙊 just for balance, me and will young never spoke on the matter when I saw him buying coffee at peartree costa, and Timmy mallet once offered to swap hats cos he liked my beanie, and that's just off the top off my head. No pun intended? Puns always intended, love a pun almost as much as a gif. Feel lucky they haven't introduced that button on here yet 😉
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Post by manorlounger on Aug 19, 2017 9:19:19 GMT
Certainly from an oxvox perspective waiting for the facts is appropriate. Also excellent for oxvox and Darryl that there is an open relationship where the lines of communication back to fans are kept open Is this not all a little absurd? A) what business is it of ours, unless one takes a rather generous view of us as 'taxpayers'? B) the facts of the matter are clear and not in dispute. I read that financial Times piece and there was no denial from learndirect or from ldc as to what has happened and when. Both companies - as you would expect from the most painstaking newspaper in the world - had been contacted and had everything put to them. I guess - if one does not view moral judgement or nosiness as part of a supporters trust remit - there is one salient matter for Oxvox. In what way might this case affect oufc? Having advised on various similar situations (including a ghastly session trying to persuade fred Goodwin to say sorry) I can tell you that it cannot/ will not. Any meaningful fines/ punishment would be at ldc level. I still have a feeling of unease about the way in which parties have conducted themselves and this, I freely admit, stems from not having a clear understanding of the world of high finance, venture capitalist, banking industry etc. However, you have made a very good point Charlie (did I really say that) and I believe you will be proved right, nothing will come out of this that will affect OUFC. I sincerely hope so. I do not like this, as I perceive it, abuse of tax payer funds nor the apparent legality of it all. Also, it does not sit right with me that thousands of hopeful people were reliant upon an organisation whose prime concern was to raise capital for the benefit of a few speculators.
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Post by pooroldboy on Aug 19, 2017 9:41:26 GMT
Manorlounger Yes does NOT seem right but that's the way of the world give everyone in uk £5000 at end of year half would have £10000 and the other half none or very little.
As for abuse of tax payers funds blame weak gov's for that left and right its just chicken feed to them. cheers POB
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Post by charliesghost on Aug 19, 2017 11:00:07 GMT
Is this not all a little absurd? A) what business is it of ours, unless one takes a rather generous view of us as 'taxpayers'? B) the facts of the matter are clear and not in dispute. I read that financial Times piece and there was no denial from learndirect or from ldc as to what has happened and when. Both companies - as you would expect from the most painstaking newspaper in the world - had been contacted and had everything put to them. I guess - if one does not view moral judgement or nosiness as part of a supporters trust remit - there is one salient matter for Oxvox. In what way might this case affect oufc? Having advised on various similar situations (including a ghastly session trying to persuade fred Goodwin to say sorry) I can tell you that it cannot/ will not. Any meaningful fines/ punishment would be at ldc level. I still have a feeling of unease about the way in which parties have conducted themselves and this, I freely admit, stems from not having a clear understanding of the world of high finance, venture capitalist, banking industry etc. However, you have made a very good point Charlie (did I really say that) and I believe you will be proved right, nothing will come out of this that will affect OUFC. I sincerely hope so. I do not like this, as I perceive it, abuse of tax payer funds nor the apparent legality of it all. Also, it does not sit right with me that thousands of hopeful people were reliant upon an organisation whose prime concern was to raise capital for the benefit of a few speculators. When it comes to what each of us makes of the facts, to each their own! But the facts are the facts and to suggest that we fans should be investigating to establish what happened strikes me as bizarre. What on earth would we even do assuming that Oxvox is competent to investigate a complex private equity financial structure. Or the workings of a parliamentary select committee. Write a statement saying that DE is or is not a nice man? Really?
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Post by manorlounger on Aug 19, 2017 11:20:27 GMT
I still have a feeling of unease about the way in which parties have conducted themselves and this, I freely admit, stems from not having a clear understanding of the world of high finance, venture capitalist, banking industry etc. However, you have made a very good point Charlie (did I really say that) and I believe you will be proved right, nothing will come out of this that will affect OUFC. I sincerely hope so. I do not like this, as I perceive it, abuse of tax payer funds nor the apparent legality of it all. Also, it does not sit right with me that thousands of hopeful people were reliant upon an organisation whose prime concern was to raise capital for the benefit of a few speculators. When it comes to what each of us makes of the facts, to each their own! But the facts are the facts and to suggest that we fans should be investigating to establish what happened strikes me as bizarre. What on earth would we even do assuming that Oxvox is competent to investigate a complex private equity financial structure. Or the workings of a parliamentary select committee. Write a statement saying that DE is or is not a nice man? Really? Oxvox should stay well away from what has happened unrelated to OUFC. It's when those affairs impinge upon OUFC that they need to be prepared. As to DE being a nice man or not, do I care?
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Post by charliesghost on Aug 19, 2017 11:37:33 GMT
When it comes to what each of us makes of the facts, to each their own! But the facts are the facts and to suggest that we fans should be investigating to establish what happened strikes me as bizarre. What on earth would we even do assuming that Oxvox is competent to investigate a complex private equity financial structure. Or the workings of a parliamentary select committee. Write a statement saying that DE is or is not a nice man? Really? Oxvox should stay well away from what has happened unrelated to OUFC. It's when those affairs impinge upon OUFC that they need to be prepared. As to DE being a nice man or not, do I care? Some will care; some won't care. But that is a matter of personal taste. It's not something to take a position on as a fanbase. The business issue has nothing to do with oufc. There is no allegation - from anyone, even those in the public domain slating DE - of illegality. So short of taking away DE's non-existent knighthood what are they going to do? Worst I can imagine is some sort of public censure. How would that affect oufc?
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Post by Mark on Aug 19, 2017 11:40:32 GMT
I think the FT article is a bit misleading in that it is trying to lead the casual reader into thinking they have a major scoop. The ofsted report is about the only thing of interest.
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Post by Denissmithswig on Aug 19, 2017 12:24:05 GMT
Oxvox should stay well away from what has happened unrelated to OUFC. It's when those affairs impinge upon OUFC that they need to be prepared. As to DE being a nice man or not, do I care? Some will care; some won't care. But that is a matter of personal taste. It's not something to take a position on as a fanbase. The business issue has nothing to do with oufc. There is no allegation - from anyone, even those in the public domain slating DE - of illegality. So short of taking away DE's non-existent knighthood what are they going to do? Worst I can imagine is some sort of public censure. How would that affect oufc? The fact we have a 5 page thread on the story clearly shows that fans do care about the story and how it involves DE. It is OxVox's job to question DE/investigate the story abit further on behalf of the fans. How much investigating they can do is unknown but I don't see what harm it can do for them to ask questions. If there isn't any point in discussing this story then you would have to ask myles why he felt the need to post the story. I personally don't see this impacting oufc in any way.
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Post by uptheus on Aug 19, 2017 12:37:54 GMT
When it comes to what each of us makes of the facts, to each their own! But the facts are the facts and to suggest that we fans should be investigating to establish what happened strikes me as bizarre. What on earth would we even do assuming that Oxvox is competent to investigate a complex private equity financial structure. Or the workings of a parliamentary select committee. Write a statement saying that DE is or is not a nice man? Really? Oxvox should stay well away from what has happened unrelated to OUFC. It's when those affairs impinge upon OUFC that they need to be prepared. As to DE being a nice man or not, do I care? So if we had an owner who was dealing and making money in the slave trade or arms trade we shouldn't worry as long as it doesn't effect OUFC?
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Post by oufcyellows on Aug 19, 2017 12:42:12 GMT
Oxvox should stay well away from what has happened unrelated to OUFC. It's when those affairs impinge upon OUFC that they need to be prepared. As to DE being a nice man or not, do I care? So if we had an owner who was dealing and making money in the slave trade or arms trade we shouldn't worry as long as it doesn't effect OUFC? Or ripping off pensioners, being a double agent or a slum landlord u mean ?
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Post by Mark on Aug 19, 2017 12:48:53 GMT
So if we had an owner who was dealing and making money in the slave trade or arms trade we shouldn't worry as long as it doesn't effect OUFC? Or ripping off pensioners, being a double agent or a slum landlord u mean ? Anyway , your earlier post had that Eales is facing a parliament enquiry. There may be calls for this, but it hasn't happened yet. Sloppy posting that deserves being called up on.
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Post by oufcyellows on Aug 19, 2017 13:02:19 GMT
Or ripping off pensioners, being a double agent or a slum landlord u mean ? Anyway , your earlier post had that Eales is facing a parliament enquiry. There may be calls for this, but it hasn't happened yet. Sloppy posting that deserves being called up on. No worse than u saying it will uncomfortable reading for him and the thought of a parliamentary inquiry wouldn't be nice. Hasn't happened yet ! sloppy posting that My point is fans weren't bothered by what maxwell was when the good times were rolling, hardly anyone kicked up when firoz took over despite it being well know where he made his millions, so why should it matter with Darryl ?
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Post by ryaniobirdio on Aug 19, 2017 20:41:48 GMT
Saw DE eating a pastie before kick off today. Looked well happy.
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Post by manorlounger on Aug 19, 2017 21:06:39 GMT
Saw DE eating a pastie before kick off today. Looked well happy. Crikey! Had they run out of hot dogs?
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Post by manorlounger on Aug 19, 2017 21:10:27 GMT
Oxvox should stay well away from what has happened unrelated to OUFC. It's when those affairs impinge upon OUFC that they need to be prepared. As to DE being a nice man or not, do I care? So if we had an owner who was dealing and making money in the slave trade or arms trade we shouldn't worry as long as it doesn't effect OUFC? But we don't, so stop being crass and simplistic.
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Post by uptheus on Aug 20, 2017 0:20:11 GMT
So if we had an owner who was dealing and making money in the slave trade or arms trade we shouldn't worry as long as it doesn't effect OUFC? But we don't, so stop being crass and simplistic. You were insinuating that it shouldn't matter if it doesn't have an impact on the club, so I was just pointing out that if an owner is dealing with/in unsavoury business dealings that we shouldn't care, but I think we should if that we're the case.
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Post by saddletramp on Aug 20, 2017 7:03:19 GMT
Some will care; some won't care. But that is a matter of personal taste. It's not something to take a position on as a fanbase. The business issue has nothing to do with oufc. There is no allegation - from anyone, even those in the public domain slating DE - of illegality. So short of taking away DE's non-existent knighthood what are they going to do? Worst I can imagine is some sort of public censure. How would that affect oufc? The fact we have a 5 page thread on the story clearly shows that fans do care about the story and how it involves DE. It is OxVox's job to question DE/investigate the story abit further on behalf of the fans. How much investigating they can do is unknown but I don't see what harm it can do for them to ask questions. If there isn't any point in discussing this story then you would have to ask myles why he felt the need to post the story. I personally don't see this impacting oufc in any way. "The fact we have a 5 page thread on the story clearly shows that fans do care about the story" Not really,like all 5 page threads on here,its half a dozen posters filling 4 pages and a few posters filling the other one.
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Post by saddletramp on Aug 20, 2017 7:18:31 GMT
Oxvox should stay well away from what has happened unrelated to OUFC. It's when those affairs impinge upon OUFC that they need to be prepared. As to DE being a nice man or not, do I care? So if we had an owner who was dealing and making money in the slave trade or arms trade we shouldn't worry as long as it doesn't effect OUFC? Just why would i worry if our owner was making money in the arms trade ? The last time i looked making money in the arms trade wasn't illegal,in fact its one of this country's biggest earners. The Said Business School in Oxford is named after and was paid for by Wafic Said,he came to prominence for brokering the arms deal between Britain and Saudi Arabia in which we got Oil and they got Tornado fighters. "The al-Yamamah deal is the biggest export deal in British history and has generated £43 billion in revenue for the British company BAE Systems. The Daily Telegraph has described Saïd as a 'key fixer' who 'helped broker' the deal, with the Guardian describing Said as the 'fixer at the heart' of the deal. He was awarded the Sheldon medal by Oxford University. The highest honour the University can bestow is the Sheldon Medal, which is reserved for an individual benefactor who has made a strategic difference to the life of the University. So if its good enough for Oxford Uni,its good enough for Oxford United (IMO)
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Post by manorlounger on Aug 20, 2017 7:52:22 GMT
But we don't, so stop being crass and simplistic. You were insinuating that it shouldn't matter if it doesn't have an impact on the club, so I was just pointing out that if an owner is dealing with/in unsavoury business dealings that we shouldn't care, but I think we should if that we're the case. I get what you are saying and if what you suggested were remotely true then yes, we would care and it would very much impinge on OUFC. What DE has been involved with are some legal financial dealings which some would find troubling, for want of a better description. Will that impinge on OUFC? Unlikely. But, it does offer another insight into the man who runs our club.
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Post by uptheus on Aug 20, 2017 17:17:46 GMT
So if we had an owner who was dealing and making money in the slave trade or arms trade we shouldn't worry as long as it doesn't effect OUFC? Just why would i worry if our owner was making money in the arms trade ? The last time i looked making money in the arms trade wasn't illegal,in fact its one of this country's biggest earners. The Said Business School in Oxford is named after and was paid for by Wafic Said,he came to prominence for brokering the arms deal between Britain and Saudi Arabia in which we got Oil and they got Tornado fighters. "The al-Yamamah deal is the biggest export deal in British history and has generated £43 billion in revenue for the British company BAE Systems. The Daily Telegraph has described Saïd as a 'key fixer' who 'helped broker' the deal, with the Guardian describing Said as the 'fixer at the heart' of the deal. He was awarded the Sheldon medal by Oxford University. The highest honour the University can bestow is the Sheldon Medal, which is reserved for an individual benefactor who has made a strategic difference to the life of the University. So if its good enough for Oxford Uni,its good enough for Oxford United (IMO) Arms to terrorists groups then!
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