|
|
Post by Junior & Onuora on Oct 25, 2022 17:38:42 GMT 1
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? Because it's a perfectly reasonable question related to the future success of our club. Either that or I'm an entitled, ungrateful, disloyal man who isn't a true supporter of Lord Dean. I think you've made your own mind up already.... |
|
|
|
Post by monkbar on Oct 25, 2022 17:39:25 GMT 1
Similar things have happened at umpteen clubs so it's a valid concern I would say. I don't personally think it likely but it could easily happen.
|
|
Sparrow
Frank Worthington Terrier
Posts: 1,963
|
Post by Sparrow on Oct 25, 2022 17:41:28 GMT 1
OK. Don't even imagine it, assume it, how would you explain this to someone as thick as me? I think…… Huddersfield Canalside Limited is a separate company which is 100% owned by Huddersfield Town. So whoever is/are the owner(s) of Huddersfield Town own Canalside. Initially DH owned HTAFC, so he also owned Canalside. When he sold 75% of his shares in Town, he also sold 75% of the shares in Canalside At this stage Pure Sports Consulting (PH) and Dean Hoyle owned Town and thus Canalside If in due course DH sells 100% of the shares in HTAFC, whoever buys those shares will be the owners of HTAFC and Canalside So if you are buying HTAFC, you are also buying Canalside as Canalside is owned by HTAFC. The football club owns and pays for Canalside. I think DH owns the land the Canalside is built on. So (I think) any development of Canalside the club wants to do, has to be approved by the landlord….DH |
|
|
|
Post by townrwe on Oct 25, 2022 17:42:20 GMT 1
Deano stepping away will allow us to choose the best offer from hopefully the wealthiest buyer. If he was involved it would be a selected individual, probably a town fan, with limited funds.
There are no shortages of foreign investors looking to get into English Football and the Premier league is pretty much already stiched up with country, wealth funds or billionaire owners..... so a good chance for an extremely rich owner, to have it secured before the Jan window and provide squad investment to survive prior to official ratification.
|
|
|
|
Post by joeyjoneslocker on Oct 25, 2022 17:42:21 GMT 1
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... Yeah good point. |
|
|
|
Post by Lovechops on Oct 25, 2022 17:46:46 GMT 1
Are there any American Actors looking for a club? 🤣😂
|
|
|
|
Post by themanfromatlantis on Oct 25, 2022 17:49:37 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."You do realise this is not uncommon for many business owners? |
|
|
|
For sale
Oct 25, 2022 17:53:47 GMT 1
via mobile
Post by ShortbreadPete on Oct 25, 2022 17:53:47 GMT 1
Why would you even suggest that? Because it's a perfectly reasonable question related to the future success of our club. Either that or I'm an entitled, ungrateful, disloyal man who isn't a true supporter of Lord Dean. I think you've made your own mind up already.... I think you are cynical and lack gratitude and empathy |
|
|
|
Post by themanfromatlantis on Oct 25, 2022 17:53:55 GMT 1
I'm looking forward to the meltdown on here when the person who buys the club isn't the saviour with unlimited funds that some people seem to want.
I wouldn't want our club to be asset stripped, why would I. But I've never seen the attraction for buying a football club, there can't be many that generate worthwhile returns for their main investors. It just seems like a thankless task, or alternatively a convenient way to 'dispose' of your 'spare cash'...
I wonder how people's morals & ethics will stand up to the test of a foreign owner as well, if that's what we get?
|
|
|
|
Post by townarentbest on Oct 25, 2022 18:05:45 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? Lighten up Officer Pete - for clarity...by 'amusing' I mean 'amusing as in odd' not 'amusing as in ha ha'. If you don't see the jarring conflict in the two statements, then thats on you. The middle bit is a bit of a rant aimed directly at Dean, reflecting on the saintly character he regularly attempts to portray. The final bit is nothing to do with Dean at all, just an interesting (to me at least) aside on the Directors/ex Fit & Proper Person's Test, that I don't think has been exploited by anyone historically, but would be interesting to see what would happen if (and lets bring this close to home) - Dean sold his 25% to some dodgy serial killer / fraudster who had bankrupted Football Clubs around the world, and shifted his power of attorney control over the other 75% to that same person. The dodgy incoming owner wouldn't need to pass the director test to run and fund the club as long as he wasn't given a titular executive director role. What stops that happening - and if the answer is nothing, why haven't money launderers the world over exploited it? (perhaps they have). I will be happy to submit all of my future posts directly to you for a quality check to determine if they meet your seal of approval or require moderation before sharing with the wider community. Thanks, have a good evening  |
|
|
|
Post by keithAM11532 on Oct 25, 2022 18:06:32 GMT 1
These are my thoughts, and they are not underpinned by any evidence whatsoever. Bear with me if you will. DH - Hey Phil, I am looking to sell the club as I have been a bit unwell. How about I sell you 75% of the club shares on the cheap, and you then pay me back my $35M using the clubs money. PH - great idea Dean, I am all over it like a rash. A bit later on.....PH - sorry Dean, its all gone a bit Pete Tong on the Pure side, we cant afford to give you your money back, and if you don't spend some more cash we will probably go into administration. DH -no worries Phil, sell me back the 75% of the shares and I will take over again. PH - sorry mate, I need all the cash I can get, you are going to have to pay the going rate. DH - surely you are having a laugh, I will just pay you what you paid me. PH - sorry that's not happening!! And that is what I think has happened...
|
|
|
|
Post by townarentbest on Oct 25, 2022 18:06:47 GMT 1
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."You do realise this is not uncommon for many business owners? Yes? |
|
|
|
Post by townarentbest on Oct 25, 2022 18:10:20 GMT 1
I'm looking forward to the meltdown on here when the person who buys the club isn't the saviour with unlimited funds that some people seem to want. I wouldn't want our club to be asset stripped, why would I. But I've never seen the attraction for buying a football club, there can't be many that generate worthwhile returns for their main investors. It just seems like a thankless task, or alternatively a convenient way to 'dispose' of your 'spare cash'... I wonder how people's morals & ethics will stand up to the test of a foreign owner as well, if that's what we get? I've always been of the opinion that anyone who wants to own a professional football club in England is by very definition the wrong person to be owning a professional football club and they should be barred. Of course, that's a bit of a conundrum, and the answer is a franchise model. |
|
|
|
For sale
Oct 25, 2022 18:16:22 GMT 1
via mobile
Post by ShortbreadPete on Oct 25, 2022 18:16:22 GMT 1
The man makes a humble statement and you have to try and be clever in finding something 'amusing'. Where's your compassion and gratitude? Lighten up Officer Pete - for clarity...by 'amusing' I mean 'amusing as in odd' not 'amusing as in ha ha'. If you don't see the jarring conflict in the two statements, then thats on you. The middle bit is a bit of a rant aimed directly at Dean, reflecting on the saintly character he regularly attempts to portray. The final bit is nothing to do with Dean at all, just an interesting (to me at least) aside on the Directors/ex Fit & Proper Person's Test, that I don't think has been exploited by anyone historically, but would be interesting to see what would happen if (and lets bring this close to home) - Dean sold his 25% to some dodgy serial killer / fraudster who had bankrupted Football Clubs around the world, and shifted his power of attorney control over the other 75% to that same person. The dodgy incoming owner wouldn't need to pass the director test to run and fund the club as long as he wasn't given a titular executive director role. What stops that happening - and if the answer is nothing, why haven't money launderers the world over exploited it? (perhaps they have). I will be happy to submit all of my future posts directly to you for a quality check to determine if they meet your seal of approval or require moderation before sharing with the wider community. Thanks, have a good evening Oh sorry; how silly of me not to realise that 'amusing' actually meant 'odd'. Try and be a little more humble next time you apologise for a crass post as your cynicism and defensiveness does you no favours |
|
|
|
Post by Bubbles on Oct 25, 2022 18:16:47 GMT 1
Cheap at half the price....... Digressing for a moment… I’ve never understood this saying! Surely it should be “ cheap at twice the price” or it doesn’t make sense? Am I missing summat? |
|
|
|
For sale
Oct 25, 2022 18:17:42 GMT 1
via mobile
Post by specialun on Oct 25, 2022 18:17:42 GMT 1
Dave Baldwin in charge of selling , new MD. I guess there’s no point appointing an external advisor if you don’t follow the interest they bring |
|
|
|
Post by Million Dollar Babies on Oct 25, 2022 18:19:29 GMT 1
We're bottom of the table so short term its not like things can get any worse.
Long term I think it could be a case of be careful what you wish for depending upon who he hands the club over to.
|
|
ldotm
David Wagner Terrier
Posts: 2,890 
|
Post by ldotm on Oct 25, 2022 18:20:28 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. Walked away because it has got a little bit tough? The bloke has health concerns.. why would you choose to stay at a club that is adding stress and potentially risking your health further? Would you prioritise Town over your health, especially when there’s a big percentage of fans wanting you out? Hoyle has got a lot wrong, he’s openly admitted that in his statement, but why are fans making out like he’s some villain? He got us to the highest we’ve ever been in our lifetime whilst providing cheap season tickets. |
|
|
|
For sale
Oct 25, 2022 18:20:54 GMT 1
via mobile
Post by themanfromatlantis on Oct 25, 2022 18:20:54 GMT 1
Cheap at half the price....... Digressing for a moment… I’ve never understood this saying! Surely it should be “ cheap at twice the price” or it doesn’t make sense? Am I missing summat? A bit like the shit sandwich analogy. If you have more bread there’s still the same amount of shit in the sandwich isn’t there? |
|
|
|
Post by Lard Buttie on Oct 25, 2022 18:26:59 GMT 1
Be careful what you wish for!
DH's tenure has, for me, been a great success that will only be truly appreciated in the coming years.
I can honestly say I've had the best time supporting Town during his ownership.
I wish him all the best, especially on health matters, and thank him wholeheartedly for his ownership.
Fantastic memories, many highs and a few lows but I remember where we were when he took over.
Deano, all the best.
|
|
|
|
Post by Teddington Ted on Oct 25, 2022 18:34:56 GMT 1
Be careful what you wish for! DH's tenure has, for me, been a great success that will only be truly appreciated in the coming years. I can honestly say I've had the best time supporting Town during his ownership. I wish him all the best, especially on health matters, and thank him wholeheartedly for his ownership. Fantastic memories, many highs and a few lows but I remember where we were when he took over. Deano, all the best. The first few years were superb. The championship years were not particularly enjoyable as we lived in constant fear of relegation or fear of the Wagner bubble bursting! Likewise, the PL years. Obviously 2016-2018 were phenomenal but for me, the first 2 years under Lee Clark were the only time in my Town supporting life when we had genuine swagger and I felt we were unbeatable on our day. |
|
|
|
Post by Up the Duff. on Oct 25, 2022 18:42:56 GMT 1
Q and A just got more interesting.... Take this as he won't be there. |
|
Yuta be a terrier
Andy Booth Terrier
That Gary Taylor fletcher will never make a footballer.....
Posts: 3,650
|
Post by Yuta be a terrier on Oct 25, 2022 18:43:56 GMT 1
All this be careful what you wish for stuff is a bit much.
We had it good with Dean for a few years but like all good things it came to the end. The club has been on a cost cutting programme for the last 4 years and ultimately we are now bottom of the league and deservedly so. If we carry on in the same vein then we end up back where we started but financially worse off.
Of course we could get an owner who turns out to be all smoke and mirrors (look at the Wigan story tonight). But we could also just get a solid middle of the road owner with a bit of ambition.
The Dean Hoyle cycle has ended and now is the time to start a new chapter. Fans who have voiced concerns for months shouldn't be castigated and lumped in with the small minority who have got personal with the anti-Hoyle agenda. There's definitely been more good than bad and he should be remembered fondly and with respect but let's not pretend that the current situation isn't an absolute mess.
|
|
ben1987
Mental Health Support Group
Posts: 7,241
|
Post by ben1987 on Oct 25, 2022 18:44:39 GMT 1
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? I can’t be sure because every time the question has been asked at ATT (I think I sat in 3 where canalside was discussed) it was like getting blood from a stone. The club do not want to talk about it and every chief executive I fell out with on the subject couldn’t or wouldn’t tell me. Companies house link below find-and-update.company-information.service.gov.uk/company/07337291/officers |
|
|
|
For sale
Oct 25, 2022 18:47:06 GMT 1
via mobile
Post by ColchTerrier on Oct 25, 2022 18:47:06 GMT 1
Will we be wanting someone in before the January transfer window?
|
|
|
|
For sale
Oct 25, 2022 18:48:21 GMT 1
via mobile
Post by ruggedivy on Oct 25, 2022 18:48:21 GMT 1
Wonder what the asking price is?
|
|
|
|
For sale
Oct 25, 2022 18:48:43 GMT 1
via mobile
Post by terriers2000 on Oct 25, 2022 18:48:43 GMT 1
Meeting still on the 3rd November? Or 10th if so tickets still available?
|
|
|
|
For sale
Oct 25, 2022 18:52:00 GMT 1
via mobile
Post by workshyfop on Oct 25, 2022 18:52:00 GMT 1
Does Deano still want his £50m back? If so, good luck with that!
|
|
terrier17
David Wagner Terrier
The Exclamation Terrier!!!!!!!!!!!!!!!!
[M0:5]
Posts: 2,779
|
Post by terrier17 on Oct 25, 2022 18:52:17 GMT 1
I'm looking forward to the meltdown on here when the person who buys the club isn't the saviour with unlimited funds that some people seem to want. I wouldn't want our club to be asset stripped, why would I. But I've never seen the attraction for buying a football club, there can't be many that generate worthwhile returns for their main investors. It just seems like a thankless task, or alternatively a convenient way to 'dispose' of your 'spare cash'... I wonder how people's morals & ethics will stand up to the test of a foreign owner as well, if that's what we get? What assets are there to strip? |
|
|
|
Post by rothwellterrier on Oct 25, 2022 18:55:57 GMT 1
I'm looking forward to the meltdown on here when the person who buys the club isn't the saviour with unlimited funds that some people seem to want. I wouldn't want our club to be asset stripped, why would I. But I've never seen the attraction for buying a football club, there can't be many that generate worthwhile returns for their main investors. It just seems like a thankless task, or alternatively a convenient way to 'dispose' of your 'spare cash'... I wonder how people's morals & ethics will stand up to the test of a foreign owner as well, if that's what we get? What assets are there to strip? Roberts antique record collection that gets a run through every prematch  |
|
