Conference AGM tomorrow
Posted: Fri Jun 10, 2011 8:14 pm
I hope the Conference Board are truly independent....
I have just spoken to a very down and disappointed KC. He has spent today (and the past few weeks) trying to find some potential investors to dig us out of the hole those mupptes Bee-zant have got us into.
I understand that there is still a very real possibility that new investors (not the Hoddle mob) will buy the Club and rescue us - but it looks like they need another couple of days to get all the funds together.
KC and his business partner today approached the Conf Board and provided an undertaking that they will put up several hundred thousand pounds pending a takeover. According to KC the Conf Board pretty much dismised this offer and were anything but sympathetic.
I wonder why? It cannot have anything to do with the fact that the Vice Chair of the Conf Board happens to be the Chairman of Southport? And if we are expelled or wound-up, guess which team will be reprieved - er, Southport. And guess where the Conf Board have been today - playing golf at the Celtic Manor. And we all know what sort of tapping up could happen on a golf course, don't we?
I do hope the Conf Board see sense and at least allow us a stay of execution for a few more days - if there are no investors then we will fold anyway.
Failing that I hope other Clubs in a dire financial situations are treated in the same manor - Wrexham? Cambridge?
One thing I am sure of is that KC and his business partner have worked tirelessly over the last few weeks to try and find a sustainable future for the Club. No blame can be laid at their door should we go pop - and no, I have no connection or allegiance to KC.
Keep you fingers crossed for tomorrow and let's hope the Conf Board see sense.
I have just spoken to a very down and disappointed KC. He has spent today (and the past few weeks) trying to find some potential investors to dig us out of the hole those mupptes Bee-zant have got us into.
I understand that there is still a very real possibility that new investors (not the Hoddle mob) will buy the Club and rescue us - but it looks like they need another couple of days to get all the funds together.
KC and his business partner today approached the Conf Board and provided an undertaking that they will put up several hundred thousand pounds pending a takeover. According to KC the Conf Board pretty much dismised this offer and were anything but sympathetic.
I wonder why? It cannot have anything to do with the fact that the Vice Chair of the Conf Board happens to be the Chairman of Southport? And if we are expelled or wound-up, guess which team will be reprieved - er, Southport. And guess where the Conf Board have been today - playing golf at the Celtic Manor. And we all know what sort of tapping up could happen on a golf course, don't we?
I do hope the Conf Board see sense and at least allow us a stay of execution for a few more days - if there are no investors then we will fold anyway.
Failing that I hope other Clubs in a dire financial situations are treated in the same manor - Wrexham? Cambridge?
One thing I am sure of is that KC and his business partner have worked tirelessly over the last few weeks to try and find a sustainable future for the Club. No blame can be laid at their door should we go pop - and no, I have no connection or allegiance to KC.
Keep you fingers crossed for tomorrow and let's hope the Conf Board see sense.