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Post by VLP Fan Club on Oct 25, 2022 16:18:09 GMT 1
Just how low is our stock now then?
From 90 minutes away from a return to the money riddled promise land to being smack bottom of the League, who in the right mind is going to want to buy us?!
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Dan
Andy Booth Terrier
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Post by Dan on Oct 25, 2022 16:21:36 GMT 1
Be interesting to know if we're being sold with Dean's debt still attached to us, how much that is, or if he feels he can more or less get that back in the amount he sells the club for. Once the FCA business is out the way and he has the shares anyway...
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Niggled
Iain Dunn Terrier
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Post by Niggled on Oct 25, 2022 16:26:15 GMT 1
Dave Baldwin in charge of selling , new MD.
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Yuta be a terrier
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Oct 25, 2022 16:26:59 GMT 1
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Post by Yuta be a terrier on Oct 25, 2022 16:26:59 GMT 1
Q and A just got more interesting....
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Deleted
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Post by Deleted on Oct 25, 2022 16:27:13 GMT 1
Just how low is our stock now then? From 90 minutes away from a return to the money riddled promise land to being smack bottom of the League, who in the right mind is going to want to buy us?! Well, we are bottom of the Championship, got a bang average squad, terrible director of football, dont even get started on the manager and now a chairman who just walked away because it has got a little bit tough. I would suggest our stock is rock bottom. |
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Post by boooothy on Oct 25, 2022 16:29:49 GMT 1
If anyone can clarify where we are at it would be appreciated.
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htfcterry
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[M0:2]htfcterry
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Post by htfcterry on Oct 25, 2022 16:30:02 GMT 1
Dave Baldwin in charge of selling , new MD. His experience looks pretty good. I think I'm comfortable with this for now. |
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Dan
Andy Booth Terrier
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Post by Dan on Oct 25, 2022 16:32:23 GMT 1
Just how low is our stock now then? From 90 minutes away from a return to the money riddled promise land to being smack bottom of the League, who in the right mind is going to want to buy us?! Well, we are bottom of the Championship, got a bang average squad, terrible director of football, dont even get started on the manager and now a chairman who just walked away because it has got a little bit tough. I would suggest our stock is rock bottom. Have you thought about a career in sales? |
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Deleted
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Post by Deleted on Oct 25, 2022 16:34:51 GMT 1
Well, we are bottom of the Championship, got a bang average squad, terrible director of football, dont even get started on the manager and now a chairman who just walked away because it has got a little bit tough. I would suggest our stock is rock bottom. Have you thought about a career in sales? Sorry I forget prospective buyers read DATM, one thing we do have is a cracking home atmosphere usually and good away support, hopefully that appeals to the next buyer if/when they attend a game. |
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rickrast
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Post by rickrast on Oct 25, 2022 16:39:13 GMT 1
Cheap at half the price.......
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Post by Floyds on Oct 25, 2022 16:44:43 GMT 1
I don't think we own any assets, do we? A squad that has us bottom of the league. No training ground or stadium. A loss making business (c.£5m/year). In a scenario where gates will likely fall as will TV income. And a large debt to the current owner that presumably will need repaying. Good luck Dave finding someone to take that lot on!  |
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For sale
Oct 25, 2022 16:46:46 GMT 1
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Post by themanfromatlantis on Oct 25, 2022 16:46:46 GMT 1
Well, we are bottom of the Championship, got a bang average squad, terrible director of football, dont even get started on the manager and now a chairman who just walked away because it has got a little bit tough. I would suggest our stock is rock bottom. Have you thought about a career in sales? He was thinking the PM might be more apt… 😉 |
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Post by themanfromatlantis on Oct 25, 2022 16:48:19 GMT 1
I look forward to the new owner debates on here.
New owner, same old whinging bastards… 😂
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Post by Junior & Onuora on Oct 25, 2022 16:52:13 GMT 1
I don't think we own any assets, do we? A squad that has us bottom of the league. No training ground or stadium. A loss making business (c.£5m/year). In a scenario where gates will likely fall as will TV income. And a large debt to the current owner that presumably will need repaying. Good luck Dave finding someone to take that lot on! I've asked this question before, but nobody has been able to answer: We were told that a big chunk of the Premier League money was 'invested' in Canalside to provide a top-of-the-range training facility. Now, obviously, the outcome looked nothing like what was on the box, but who actually owns it? Doesn't DH own the land (and we pay rent) but everything else is owned by the club? Would love some clarification on this. |
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Post by colnevalleyblue on Oct 25, 2022 16:54:02 GMT 1
Sorry it's ended the way it has with Deano. Thanks for the memories, a shame it didn't work out with Phil Hodgkinson as I think Dean's heart was no longer in it when he sold the 75% shares to PH. But he stepped in when Hodgkinson came into trouble last year.
I know that he's had a lot of criticism this last 3 years but will be forever grateful to the first 10 years of his time as owner and chairman. A complete breath of fresh air to anything that we'd ever had before.
My initial thoughts to the club being sold is dread, I worry about the type of person who wants to buy Town, their motives and what they'll do, read so many horror stories.
However, it probably is for the best, if we have a fresh start, unfortunately I fear that maybe in League One.
It'll be interesting to see what price Hoyle gets for the Club. Obviously it's not going to be anywhere near what he's invested.
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Post by joeyjoneslocker on Oct 25, 2022 17:02:33 GMT 1
Just how low is our stock now then? From 90 minutes away from a return to the money riddled promise land to being smack bottom of the League, who in the right mind is going to want to buy us?! Well, we are bottom of the Championship, got a bang average squad, terrible director of football, dont even get started on the manager and now a chairman who just walked away because it has got a little bit tough. I would suggest our stock is rock bottom. Which is actually a great time to buy. Always (nearly always) buy while the stock is low. |
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Post by Floyds on Oct 25, 2022 17:05:20 GMT 1
Well, we are bottom of the Championship, got a bang average squad, terrible director of football, dont even get started on the manager and now a chairman who just walked away because it has got a little bit tough. I would suggest our stock is rock bottom. Which is actually a great time to buy. Always (nearly always) buy while the stock is low. Only when you think it's not going any lower, though... |
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Post by portugalterrier on Oct 25, 2022 17:08:40 GMT 1
Just how low is our stock now then? From 90 minutes away from a return to the money riddled promise land to being smack bottom of the League, who in the right mind is going to want to buy us?! Well, we are bottom of the Championship, got a bang average squad, terrible director of football, dont even get started on the manager and now a chairman who just walked away because it has got a little bit tough. I would suggest our stock is rock bottom. Unless you noticed he went two years ago , only returned due to PH no longer having any access to funds, it’s supporters like you have to wonder why he returned !! |
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Post by rockwall on Oct 25, 2022 17:10:53 GMT 1
Well, we are bottom of the Championship, got a bang average squad, terrible director of football, dont even get started on the manager and now a chairman who just walked away because it has got a little bit tough. I would suggest our stock is rock bottom. Which is actually a great time to buy. Always (nearly always) buy while the stock is low. Especially when the actual foundations are pretty decent. |
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Sparrow
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Post by Sparrow on Oct 25, 2022 17:14:00 GMT 1
I don't think we own any assets, do we? A squad that has us bottom of the league. No training ground or stadium. A loss making business (c.£5m/year). In a scenario where gates will likely fall as will TV income. And a large debt to the current owner that presumably will need repaying. Good luck Dave finding someone to take that lot on! I've asked this question before, but nobody has been able to answer: We were told that a big chunk of the Premier League money was 'invested' in Canalside to provide a top-of-the-range training facility. Now, obviously, the outcome looked nothing like what was on the box, but who actually owns it? Doesn't DH own the land (and we pay rent) but everything else is owned by the club? Would love some clarification on this. Huddersfield Town are the Parent Company of Huddersfield Canalside Limited |
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ben1987
Mental Health Support Group
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Post by ben1987 on Oct 25, 2022 17:15:54 GMT 1
I don't think we own any assets, do we? A squad that has us bottom of the league. No training ground or stadium. A loss making business (c.£5m/year). In a scenario where gates will likely fall as will TV income. And a large debt to the current owner that presumably will need repaying. Good luck Dave finding someone to take that lot on! I've asked this question before, but nobody has been able to answer: We were told that a big chunk of the Premier League money was 'invested' in Canalside to provide a top-of-the-range training facility. Now, obviously, the outcome looked nothing like what was on the box, but who actually owns it? Doesn't DH own the land (and we pay rent) but everything else is owned by the club? Would love some clarification on this. Iffy it was raised on several occasions at the ATT, not once did the club give a clear answer, not once. In fact I witnessed a director of the club at an ATT meeting just before the point was about to be discussed, get up and walk out the room so not to have to speak on the matter. It’s a complete and utter disgrace how little it’s discussed and forgotten about. It’s like fight club, first rule, don’t talk about it. It’s owned by Dean Hoyle is my understanding but club money was/is used to upgrade it. The club rent it off him. I might be wrong on some of that but I don’t think I am. That’s my understanding based on the countless debates at ATT and my on research but you’ll be lucky to get any sense from anyone on this because it’s so hush hush. |
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Post by Junior & Onuora on Oct 25, 2022 17:16:49 GMT 1
I've asked this question before, but nobody has been able to answer: We were told that a big chunk of the Premier League money was 'invested' in Canalside to provide a top-of-the-range training facility. Now, obviously, the outcome looked nothing like what was on the box, but who actually owns it? Doesn't DH own the land (and we pay rent) but everything else is owned by the club? Would love some clarification on this. Huddersfield Town are the Parent Company of Huddersfield Canalside Limited OK. Don't even imagine it, assume it, how would you explain this to someone as thick as me? |
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Post by townarentbest on Oct 25, 2022 17:21:52 GMT 1
I find it quite amusing to read -
"I had no option but to reluctantly step in and provide urgent financial support to the Club whilst being – as I remain – the minority shareholder."
barely 2 centimetres down screen from
"Hoyle to look for a new owner to take Club forward"
Yeah, we get you're technically the minority shareholder, stop using it as a convenient stick to ram home how awesome you are throwing money at something you don't own. HE HAS POWER OF ATTORNEY over Pure Sports Consultancy (who majority own Hudds Town), able to make any and all decisions that would be expected of a majority shareholder...you know, such as SELL THE CLUB!
That minority shareholding has meant absolutely nothing - Dean owns and controls Huddersfield Town, in full, any suggestion otherwise is disingenuous (it's also an interesting way around the Directors Test...you COULD theoretically take on a minority stake in a football club, but take full and complete control as Dean has done, despite not having the funds to do so, or having a barring condition (such as owning another Football League Club).
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Post by Junior & Onuora on Oct 25, 2022 17:21:56 GMT 1
I've asked this question before, but nobody has been able to answer: We were told that a big chunk of the Premier League money was 'invested' in Canalside to provide a top-of-the-range training facility. Now, obviously, the outcome looked nothing like what was on the box, but who actually owns it? Doesn't DH own the land (and we pay rent) but everything else is owned by the club? Would love some clarification on this. Iffy it was raised on several occasions at the ATT, not once did the club give a clear answer, not once. In fact I witnessed a director of the club at an ATT meeting just before the point was about to be discussed, get up and walk out the room so not to have to speak on the matter. It’s a complete and utter disgrace how little it’s discussed and forgotten about. It’s like fight club, first rule, don’t talk about it. It’s owned by Dean Hoyle is my understanding but club money was/is used to upgrade it. The club rent it off him. I might be wrong on some of that but I don’t think I am. That’s my understanding based on the countless debates at ATT and my on research but you’ll be lucky to get any sense from anyone on this because it’s so hush hush. It is oddly opaque, which is why I asked the question (and have previously). Premier League PH-era money was used for it. Surely not to be a private asset of DH? |
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Post by ShortbreadPete on Oct 25, 2022 17:27:10 GMT 1
DH spent millions of his own money to buy and develop Canalside. Some PL money was spent upgrading the facilities. DH charges the club a peppercorn rent for the facilities. All FACTS
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Post by portugalterrier on Oct 25, 2022 17:28:42 GMT 1
I find it quite amusing to read - "I had no option but to reluctantly step in and provide urgent financial support to the Club whilst being – as I remain – the minority shareholder." barely 2 centimetres down screen from "Hoyle to look for a new owner to take Club forward" Yeah, we get you're technically the minority shareholder, stop using it as a convenient stick to ram home how awesome you are throwing money at something you don't own. HE HAS POWER OF ATTORNEY over Pure Sports Consultancy (who majority own Hudds Town), able to make any and all decisions that would be expected of a majority shareholder...you know, such as SELL THE CLUB! That minority shareholding has meant absolutely nothing - Dean owns and controls Huddersfield Town, in full, any suggestion otherwise is disingenuous (it's also an interesting way around the Directors Test...you COULD theoretically take on a minority stake in a football club, but take full and complete control as Dean has done, despite not having the funds to do so, or having a barring condition (such as owning another Football League Club). He maybe disingenuous , but at the end of the day in legal terms he does not own 100% of HTAFC. |
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Post by townarentbest on Oct 25, 2022 17:29:22 GMT 1
OK. Don't even imagine it, assume it, how would you explain this to someone as thick as me? It simply means that the football club owns the business that operates as Huddersfield Canalside. But the question you're really wanting to have an answer to is who owns the land and property? Its not straightforward, and its part of his working mode to obfuscate - Dean Hoyle, in November 2012 in relation to The Card Factory - "We never wanted to alert our competitors to how profitable we were. We used to slice and dice our accounts, quite legally, but this was part of the game." |
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Post by ShortbreadPete on Oct 25, 2022 17:30:21 GMT 1
I find it quite amusing to read - "I had no option but to reluctantly step in and provide urgent financial support to the Club whilst being – as I remain – the minority shareholder." barely 2 centimetres down screen from "Hoyle to look for a new owner to take Club forward" Yeah, we get you're technically the minority shareholder, stop using it as a convenient stick to ram home how awesome you are throwing money at something you don't own. HE HAS POWER OF ATTORNEY over Pure Sports Consultancy (who majority own Hudds Town), able to make any and all decisions that would be expected of a majority shareholder...you know, such as SELL THE CLUB! That minority shareholding has meant absolutely nothing - Dean owns and controls Huddersfield Town, in full, any suggestion otherwise is disingenuous (it's also an interesting way around the Directors Test...you COULD theoretically take on a minority stake in a football club, but take full and complete control as Dean has done, despite not having the funds to do so, or having a barring condition (such as owning another Football League Club). The man makes a humble statement and you have to try and be clever in finding something 'amusing'. Where's your compassion and gratitude? |
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Post by Junior & Onuora on Oct 25, 2022 17:30:58 GMT 1
DH spent millions of his own money to buy and develop Canalside. Some PL money was spent upgrading the facilities. DH charges the club a peppercorn rent for the facilities. All FACTS Ok. So we are getting somewhere. No need for the aggro. A substantial portion of the PL money was spent upgrading the facilities. Is there anything to stop DH waking up tomorrow and saying "I want £1m a year rent" or even "It's not for rent now, do one" and all that investment would be for nothing? Again, I only want the "FACTS" |
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For sale
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Post by ShortbreadPete on Oct 25, 2022 17:34:10 GMT 1
DH spent millions of his own money to buy and develop Canalside. Some PL money was spent upgrading the facilities. DH charges the club a peppercorn rent for the facilities. All FACTS Ok. So we are getting somewhere. No need for the aggro. A substantial portion of the PL money was spent upgrading the facilities. Is there anything to stop DH waking up tomorrow and saying "I want £1m a year rent" or even "It's not for rent now, do one" and all that investment would be for nothing? Again, I only want the "FACTS" Why would you even suggest that? |
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