E4b
Jimmy Glazzard Terrier
Posts: 4,418
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Post by E4b on Apr 29, 2024 19:17:07 GMT 1
That most of the championship clubs could easily end up in Administration following COVID as like ourselves they were hard up at the time. He explained at the time that due to our excellent financial planning i.e scrimping that we would survive whereas many other clubs would most definitely face problems. It hasn’t really turned out that way has it?
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Post by Up the Duff. on Apr 29, 2024 19:32:24 GMT 1
Hodgkinson said it
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Post by colnevalleyblue on Apr 29, 2024 19:34:22 GMT 1
No, Hodgkinson said it.
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Post by fredcarno1 on Apr 29, 2024 19:38:21 GMT 1
That most of the championship clubs could easily end up in Administration following COVID as like ourselves they were hard up at the time. He explained at the time that due to our excellent financial planning i.e scrimping that we would survive whereas many other clubs would most definitely face problems. It hasn’t really turned out that way has it? It was Potless who claimed upwards of 30 clubs would probably go bust, turned out to be utter bollocks. That being said the bloke was an utter Charlatan from the day he walked through the doors at the stadium |
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Post by joeyjoneslocker on Apr 29, 2024 19:38:38 GMT 1
Both Wigan and Derby either entered admin or CVA. Both Championship clubs.
I’m sure some others will be very close soon.
Think it was 2022 when at least 6 Championship clubs didn’t make 1 single signing.
I don’t think he was wrong, just out with the timing. And also no one knew at that point how long the ramifications would last of that absolute shitshow that was the year 2020.
You have to remember, people were fighting over bog roll and a bag of plaster was £60 on eBay
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Post by Terriersmad on Apr 30, 2024 8:43:00 GMT 1
Half a million businesses failed during the pandemic. Plenty more are struggling on but will collapse in time from the death by a thousand cuts that the pandemic inflicted, and the changes to people's habits since. Football clubs are still experiencing the knock-ons, and I think in a couple of years we'll see the damage wrought in the lower leagues because clubs won't be able to absorb losses any more.
I'm certainly not going to castigate anyone over predictions made in 2020. It was an unknown world. That football has stood up in the winds of change and financial turmoil as well as it is remarkable, when you consider that wages for players didn't drop and clubs still had to play despite no matchday income. For clubs at the top end, it was a loss that they could bear. Lower down, fans are the lifeblood who provide the week-to-week revenue stream. The further down you go, the greater the impact.
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Post by royrace on Apr 30, 2024 8:48:36 GMT 1
It was hodgkinson, predicting clubs would be going busy left right and centre. Making out he was cleverer than the other 99 percent of owners. It was clearly bollocks at the time.
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Post by rockwall on Apr 30, 2024 8:53:39 GMT 1
Both Wigan and Derby either entered admin or CVA. Both Championship clubs. I’m sure some others will be very close soon. Think it was 2022 when at least 6 Championship clubs didn’t make 1 single signing. I don’t think he was wrong, just out with the timing. And also no one knew at that point how long the ramifications would last of that absolute shitshow that was the year 2020. You have to remember, people were fighting over bog roll and a bag of plaster was £60 on eBay Reading also. |
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Post by uptownfunk on Apr 30, 2024 8:55:01 GMT 1
Potless knew less than nothing about the business and the economy. He was just a shyster who made money out of temporary legal loop hole. Fuck knows who was doing the due diligence- sounds like no-one, but selling to him was brainless in the extreme. He never created any wealth. His firm had zero assets and a failing revenue stream. A lot of people in business including so called professionals are very limited indeed.
I think in this capitalist world people tend to think money equals brains but more often than not the person has found 1 way to make money. It doesn’t mean they understand business on a macro level or even other sectors.
Football clubs are often very poorly run.
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Post by portugalterrier on Apr 30, 2024 8:56:45 GMT 1
Half a million businesses failed during the pandemic. Plenty more are struggling on but will collapse in time from the death by a thousand cuts that the pandemic inflicted, and the changes to people's habits since. Football clubs are still experiencing the knock-ons, and I think in a couple of years we'll see the damage wrought in the lower leagues because clubs won't be able to absorb losses any more. I'm certainly not going to castigate anyone over predictions made in 2020. It was an unknown world. That football has stood up in the winds of change and financial turmoil as well as it is remarkable, when you consider that wages for players didn't drop and clubs still had to play despite no matchday income. For clubs at the top end, it was a loss that they could bear. Lower down, fans are the lifeblood who provide the week-to-week revenue stream. The further down you go, the greater the impact. Think you’re spot on, clubs are already suffering, Bristol City selling star players Lansdown has cut his financial input, Preston owe the family of their benefactor £100million, Derby , Reading , Oldham , Bury, Scunthorpe , there’s a long list of struggling clubs, the White Knights keep appearing but someday a big club won’t be rescued, hope the Town issues don’t deter Nagel, personally I don’t think they will, and I think he will get it sorted. |
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Post by joeyjoneslocker on Apr 30, 2024 8:56:48 GMT 1
Jesus. All the Alan Sugar’s coming out of the woodwork now.
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Post by Gag N Bone Man on Apr 30, 2024 9:42:20 GMT 1
Phil said this. Deano was the one who wouldn't sell to foreign investors.
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Post by teddytheterrier on Apr 30, 2024 18:52:09 GMT 1
Potless said this not Dean.
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Post by dugnet on Apr 30, 2024 18:55:28 GMT 1
Phil said this. Deano was the one who wouldn't sell to foreign investors. DH also used to like to gently mock "basket case" clubs.... hmmmmm |
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Post by pilgrimterrier on Apr 30, 2024 19:03:53 GMT 1
Phil said this. Deano was the one who wouldn't sell to foreign investors. DH also used to like to gently mock "basket case" clubs.... hmmmmm My definition of a basket case club, is one with a foreign owner, one that spaffs silly money on average players and constantly changes managers. I think we qualify….. |
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Post by 2ellandback on Apr 30, 2024 19:40:13 GMT 1
How many owners have we “had their pants down” these last few years?
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Post by space hardware on Apr 30, 2024 19:42:40 GMT 1
Phil said this. Deano was the one who wouldn't sell to foreign investors. DH also used to like to gently mock "basket case" clubs.... hmmmmm See also: "We won't blow our brains out" "This is a step change for the club" "We won't sleepwalk into relegation" Hmmmm, indeed. |
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Post by dugnet on Apr 30, 2024 19:55:38 GMT 1
DH also used to like to gently mock "basket case" clubs.... hmmmmm See also: "We won't blow our brains out" "This is a step change for the club" "We won't sleepwalk into relegation" Hmmmm, indeed. We'll have to be careful or the DH stasi will be on our case. |
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Post by robinvar on Apr 30, 2024 21:11:29 GMT 1
I absolutely don't think you can question Dean's love for our club. Full stop.
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bigtruck
Frank Worthington Terrier
[M0:0][N4:#bigtrucktone#]
Posts: 1,829
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Post by bigtruck on Apr 30, 2024 23:11:36 GMT 1
I absolutely don't think you can question Dean's love for our club. Full stop. It’s just not as much as his love of money 💰 |
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Post by detox on May 1, 2024 8:53:33 GMT 1
Potless knew less than nothing about the business and the economy. He was just a shyster who made money out of temporary legal loop hole. Fuck knows who was doing the due diligence- sounds like no-one, but selling to him was brainless in the extreme. He never created any wealth. His firm had zero assets and a failing revenue stream. A lot of people in business including so called professionals are very limited indeed. I think in this capitalist world people tend to think money equals brains but more often than not the person has found 1 way to make money. It doesn’t mean they understand business on a macro level or even other sectors. Football clubs are often very poorly run. Potless was the only potential buyer who would agree to DH's demands on debt repayment...sucking out all the £65m parachute monies, decimating the squad and filling it with National League quality players... I've said it before but the time to get some debt repaid (if that's what he wanted) was during the PL seasons. That single act and decision at that time is the root cause of the clubs utter collapse into oblivion. I'm not denying there were good years under DH, but for me what he did (or didn't do) back then was an absolute killer for HTAFC.. |
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Post by uptownfunk on May 1, 2024 9:58:37 GMT 1
Potless knew less than nothing about the business and the economy. He was just a shyster who made money out of temporary legal loop hole. Fuck knows who was doing the due diligence- sounds like no-one, but selling to him was brainless in the extreme. He never created any wealth. His firm had zero assets and a failing revenue stream. A lot of people in business including so called professionals are very limited indeed. I think in this capitalist world people tend to think money equals brains but more often than not the person has found 1 way to make money. It doesn’t mean they understand business on a macro level or even other sectors. Football clubs are often very poorly run. Potless was the only potential buyer who would agree to DH's demands on debt repayment...sucking out all the £65m parachute monies, decimating the squad and filling it with National League quality players... I've said it before but the time to get some debt repaid (if that's what he wanted) was during the PL seasons. That single act and decision at that time is the root cause of the clubs utter collapse into oblivion. I'm not denying there were good years under DH, but for me what he did (or didn't do) back then was an absolute killer for HTAFC.. He wasn’t a potential buyer is my point. He never had any assets or capital. Hoyle made money from his cards business then he had fun with the HTFC train set he bought. When he got bored of it he cashed it in for a gameboy.. |
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Post by detox on May 1, 2024 10:02:19 GMT 1
Potless was the only potential buyer who would agree to DH's demands on debt repayment...sucking out all the £65m parachute monies, decimating the squad and filling it with National League quality players... I've said it before but the time to get some debt repaid (if that's what he wanted) was during the PL seasons. That single act and decision at that time is the root cause of the clubs utter collapse into oblivion. I'm not denying there were good years under DH, but for me what he did (or didn't do) back then was an absolute killer for HTAFC.. He wasn’t a potential buyer is my point. He never had any assets or capital. Hoyle made money from his cards business then he had fun with the HTFC train set he bought. When he got bored of it he cashed it in for a gameboy.. I'm not disagreeing with you..but he did become a 'potential buyer' ultimately..when DH had conned him into a deal he couldn't afford. |
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Post by Gag N Bone Man on May 1, 2024 12:25:19 GMT 1
I absolutely don't think you can question Dean's love for our club. Full stop. that's a lovely gas lighting manoeuvre. well done. |
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Post by uptownfunk on May 1, 2024 23:55:24 GMT 1
He wasn’t a potential buyer is my point. He never had any assets or capital. Hoyle made money from his cards business then he had fun with the HTFC train set he bought. When he got bored of it he cashed it in for a gameboy.. I'm not disagreeing with you..but he did become a 'potential buyer' ultimately..when DH had conned him into a deal he couldn't afford. The guy was a total chancer. Dean just wanted out to whoever would agree to his terms. Someone with money never would’ve bought the club under those circumstances. |
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Post by thomo on May 2, 2024 7:22:26 GMT 1
Potless knew less than nothing about the business and the economy. He was just a shyster who made money out of temporary legal loop hole. Fuck knows who was doing the due diligence- sounds like no-one, but selling to him was brainless in the extreme. He never created any wealth. His firm had zero assets and a failing revenue stream. A lot of people in business including so called professionals are very limited indeed. I think in this capitalist world people tend to think money equals brains but more often than not the person has found 1 way to make money. It doesn’t mean they understand business on a macro level or even other sectors. Football clubs are often very poorly run. Potless was the only potential buyer who would agree to DH's demands on debt repayment...sucking out all the £65m parachute monies, decimating the squad and filling it with National League quality players... I've said it before but the time to get some debt repaid (if that's what he wanted) was during the PL seasons. That single act and decision at that time is the root cause of the clubs utter collapse into oblivion. I'm not denying there were good years under DH, but for me what he did (or didn't do) back then was an absolute killer for HTAFC.. Absolutely spot on. Best post ever |
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Post by mosher on May 2, 2024 8:59:26 GMT 1
Potless knew less than nothing about the business and the economy. He was just a shyster who made money out of temporary legal loop hole. Fuck knows who was doing the due diligence- sounds like no-one, but selling to him was brainless in the extreme. He never created any wealth. His firm had zero assets and a failing revenue stream. A lot of people in business including so called professionals are very limited indeed. I think in this capitalist world people tend to think money equals brains but more often than not the person has found 1 way to make money. It doesn’t mean they understand business on a macro level or even other sectors. Football clubs are often very poorly run. Potless was the only potential buyer who would agree to DH's demands on debt repayment...sucking out all the £65m parachute monies, decimating the squad and filling it with National League quality players... I've said it before but the time to get some debt repaid (if that's what he wanted) was during the PL seasons. That single act and decision at that time is the root cause of the clubs utter collapse into oblivion. I'm not denying there were good years under DH, but for me what he did (or didn't do) back then was an absolute killer for HTAFC..And yet somebody on another thread claimed his (and others') contributions were irrelevant to this relegation and it was all down to KN and AB. Will love DH for where he got us (luckily or otherwise) but I'll always also resent him for how he fucked us over trying to claw back the money he "never expected to get back". [Waits to get jumped on by people who don't see nuance and think DH only ever did good for Town] Edit: Yes I also blame PH for taking the offer when he knew his businesses were built on sand. |
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Post by colnevalleyblue on May 2, 2024 9:15:49 GMT 1
Probably worth mentioning Hoyle wrote off £40 million debt 12 months ago.
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Post by irverino on May 2, 2024 9:39:35 GMT 1
Potless was the only potential buyer who would agree to DH's demands on debt repayment...sucking out all the £65m parachute monies, decimating the squad and filling it with National League quality players... I've said it before but the time to get some debt repaid (if that's what he wanted) was during the PL seasons. That single act and decision at that time is the root cause of the clubs utter collapse into oblivion. I'm not denying there were good years under DH, but for me what he did (or didn't do) back then was an absolute killer for HTAFC..And yet somebody on another thread claimed his (and others') contributions were irrelevant to this relegation and it was all down to KN and AB. Will love DH for where he got us (luckily or otherwise) but I'll always also resent him for how he fucked us over trying to claw back the money he "never expected to get back". [Waits to get jumped on by people who don't see nuance and think DH only ever did good for Town] Edit: Yes I also blame PH for taking the offer when he knew his businesses were built on sand. It wasn't planned was it, a year or two of near misses & you think 'shit we could do this'. The Hoyle's intended to right off 8-10 million (fact) to get Town on a sound mid table footing in the Championship........Dean wanted the hands on approach & defo didn't want a 'Ian Ayre' type involved, trouble with that is what happens if you get seriously ill, did the vultures step in? |
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k1man999
Andy Booth Terrier
Posts: 3,556
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Post by k1man999 on May 2, 2024 10:09:31 GMT 1
Probably worth mentioning Hoyle wrote off £40 million debt 12 months ago. Is it written off or part of the deal for all/part payment if we get to prem again. If he has written it off great but why not do it when others interested first time he sold it to Phil, because we were due around 90m and he didn't want anyone else to have it so the club struggled and here we are Don't get me wrong deano did a lot of good for this club no doubt about it. but ultimately you are judged on the final actions you take and the major one was not to sell to the best persons first time round and let the club balance itself with the parachute monies to cover mistakes he and his team made ie mbenza,diakhaby etc He was recouping money he wasted by blowing our brains and sleepwalking , phrases he used. By selling to Phil he did everyone fans,Phil ,himself a disservice and ultimately ruined his god like legacy which as I've said is sad as he did so much for the club and gave us some great times and football. |
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