goodbet
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Post by goodbet on May 30, 2024 16:27:16 GMT 1
t obe fair, if we get promoted to the prem , he can have it . As it means the club has being on an upward journey again . To be unfair, his loading of future debt on the club because he couldn't find a buyer capable of satisfying his perceived value caused us problems before. AgreedIt seems vaguely ridiculous. If I own a house that is attracting monthly rental of £700, that I desperately want to get rid of and think its worth £300k but have received no offers anywhere close to that....BUT....I'll sell it to you for (what I believe is) a cut-down £150k, and if over the next few years you successfully update and upscale the house to such a level that its attracting monthly rent of £1500, then you give me £125k...fair? No, not fair! You don't buy the price of future potential when you're purchasing a business (or a house), you buy at TODAY's value. It is KN's problem if it is a problem.
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Tinpot
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Post by Tinpot on May 30, 2024 16:29:20 GMT 1
Does anyone have a TL;DW of the diary? I don’t have 50 minutes to watch ahah. Want to win the league and he has 30 pairs of sandals and loves halibut If it's good enough for Jehovah....
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Post by dugnet on May 30, 2024 16:33:23 GMT 1
In all seriousness, how many people on here would write off £50m? One's who stated that they "didn't expect to get it back"?
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Post by dugnet on May 30, 2024 16:36:39 GMT 1
I'm not totally sure why, but Kevin Nagel always makes me feel very positive about the future - am I delusional? I think you are right to be optimistic. Mr Nagle continues to invest, in the face of significant challenges. That alone gives you hope for the future.
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Post by htafcokay on May 30, 2024 16:42:49 GMT 1
In all seriousness, how many people on here would write off £50m? One's who stated that they "didn't expect to get it back"? "Didn't expect it back" is different to "I don't want it back". Nice deflection though.
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Post by iffyslostlens on May 30, 2024 16:47:02 GMT 1
t obe fair, if we get promoted to the prem , he can have it . As it means the club has being on an upward journey again . To be unfair, his loading of future debt on the club because he couldn't find a buyer capable of satisfying his perceived value caused us problems before. It seems vaguely ridiculous. If I own a house that is attracting monthly rental of £700, that I desperately want to get rid of and think its worth £300k but have received no offers anywhere close to that....BUT....I'll sell it to you for (what I believe is) a cut-down £150k, and if over the next few years you successfully update and upscale the house to such a level that its attracting monthly rent of £1500, then you give me £125k...fair? No, not fair! You don't buy the price of future potential when you're purchasing a business (or a house), you buy at TODAY's value. i see it as a bit more like us saying to Middlesbrough you can have sorba for £2million but if he achieves certain things we want some more
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Post by dugnet on May 30, 2024 16:53:32 GMT 1
One's who stated that they "didn't expect to get it back"? "Didn't expect it back" is different to "I don't want it back". Nice deflection though. I agree and have posted the fundamental difference before but I make the point as I was there when the comment was made. As such I can understand why anyone was surprised that recovering "investment" became so important. I didn't make the comment to be contentious but to make a point about how messages changed over time. It is what it is and Mr Nagle has agreed a deal, if he is happy and DH is happy then that is all that matters now. My position is, and I am consistent in this (check my posts), I don't have any issue with DH getting his money back but he could have been more transparent about that intention. I would also contend with some better thought through decisions he would have been able to recover significantly more.
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Tinpot
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Post by Tinpot on May 30, 2024 16:53:47 GMT 1
so, again. Cannot see this on the official Town site or the HTAFC Twitter feed?....... It's on Kev's twitter.
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Tinpot
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Post by Tinpot on May 30, 2024 17:00:43 GMT 1
t obe fair, if we get promoted to the prem , he can have it . As it means the club has being on an upward journey again . To be unfair, his loading of future debt on the club because he couldn't find a buyer capable of satisfying his perceived value caused us problems before. It seems vaguely ridiculous. If I own a house that is attracting monthly rental of £700, that I desperately want to get rid of and think its worth £300k but have received no offers anywhere close to that....BUT....I'll sell it to you for (what I believe is) a cut-down £150k, and if over the next few years you successfully update and upscale the house to such a level that its attracting monthly rent of £1500, then you give me £125k...fair? No, not fair! You don't buy the price of future potential when you're purchasing a business (or a house), you buy at TODAY's value. Or.... you make a deal that satisfies all parties. Much like selling a player with a sell-on clause. A certain amount up front with another add-on if we reach the premier league, &/or a percentage of the profit when you eventually sell.
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Tinpot
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Post by Tinpot on May 30, 2024 17:04:53 GMT 1
Decent diary, plenty covered. Sounds like the stadium ownership issue might be making serious progress, but, I'm sure we've heard similar down the years, so I won't be holding my breath on that one. Liked when he said that the 'bellend brigade' would be getting the boot rather than allowing them to continue disrupting the changing room and disgracing the badge. Not in those words mind.He said he's sent clear instructions that an instant return to the championship is top of the agenda, talk is cheap though and actions speak louder than words. Fingers crossed he can deliver. When asked about the players with poor attitudes, his response of "cut 'em", brought about a sinister mental image involving cockney gangsters.
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Post by runner76 on May 30, 2024 17:05:44 GMT 1
so, again. Cannot see this on the official Town site or the HTAFC Twitter feed?....... It's on Kev's twitter. Yep, I am on Twitter so see that, but most people are not on Twitter. My point is, how hard can it be to just have a section on the main site where the links to these are posted?
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Tinpot
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Post by Tinpot on May 30, 2024 17:07:52 GMT 1
Fair point.
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Post by Captainslapper on May 30, 2024 17:28:53 GMT 1
why what did i say wrong? do tell . So we just give £15m as a gift to Dean Hoyle for getting promoted? The same Dean Hoyle that promised to put our shares in a trust over ten years ago but hasn’t? The same Dean Hoyle that cut budgets to the bone and plundered us down the championship which, the following season saw us relegated which he has some part to play in. The same Dean Hoyle who was prepared to put the club into administration. £15m to HTAFC is a huge amount of money to give to someone as a gift, especially when it’s undeserved. The same dean Hoyle who kept the club functioning with £5m of his money every year ..even when he didnt own it. The same Dean Hoyle who did that whilst still charging fans half the going rate , thus avoiding them coughing up a lung at the prospect of having to pay anything like the full going rate. The same Dean Hoyle who wrote off £45m of his money to pass it onto Nagle...to stop us going into administration. If we get back in the premier league a large part of that will be due to the state of the club he passed on compared to the state of the club he inherited in 2008. The training facilities for example. We also wont have to spend the £5m-10m on the stadium to comply with PL rules...its already been done under Hoyles reign. If it's any consolation, he'll still be about £30m down on his time involved in the club.
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Post by leroy212 on May 30, 2024 17:32:55 GMT 1
Yep, I am on Twitter so see that, but most people are not on Twitter. My point is, how hard can it be to just have a section on the main site where the links to these are posted? You don't have to be on twitter to see it, just Google Kevin nagle twitter. So anyone can see it if they want
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Post by Up the Duff. on May 30, 2024 17:39:35 GMT 1
So we just give £15m as a gift to Dean Hoyle for getting promoted? The same Dean Hoyle that promised to put our shares in a trust over ten years ago but hasn’t? The same Dean Hoyle that cut budgets to the bone and plundered us down the championship which, the following season saw us relegated which he has some part to play in. The same Dean Hoyle who was prepared to put the club into administration. £15m to HTAFC is a huge amount of money to give to someone as a gift, especially when it’s undeserved. Not bad for someone who never expected to get a penny back. There should be a time limit on it..e.g. within 5 years. What if Nagle sells up, does the new owner take on the potential liability ?
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Post by detox on May 30, 2024 17:39:56 GMT 1
So we just give £15m as a gift to Dean Hoyle for getting promoted? The same Dean Hoyle that promised to put our shares in a trust over ten years ago but hasn’t? The same Dean Hoyle that cut budgets to the bone and plundered us down the championship which, the following season saw us relegated which he has some part to play in. The same Dean Hoyle who was prepared to put the club into administration. £15m to HTAFC is a huge amount of money to give to someone as a gift, especially when it’s undeserved. The same dean Hoyle who kept the club functioning with £5m of his money every year ..even when he didnt own it. The same Dean Hoyle who did that whilst still charging fans half the going rate , thus avoiding them coughing up a lung at the prospect of having to pay anything like the full going rate. The same Dean Hoyle who wrote off £45m of his money to pass it onto Nagle...to stop us going into administration. If we get back in the premier league a large part of that will be due to the state of the club he passed on compared to the state of the club he inherited in 2008. The training facilities for example. We also wont have to spend the £5m-10m on the stadium to comply with PL rules...its already been done under Hoyles reign. If it's any consolation, he'll still be about £30m down on his time involved in the club. Oh Christ, we're off.
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Post by detox on May 30, 2024 17:40:36 GMT 1
Did he mention the golf driving range though? ??
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Deleted
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Post by Deleted on May 30, 2024 17:44:12 GMT 1
Yep, I am on Twitter so see that, but most people are not on Twitter. My point is, how hard can it be to just have a section on the main site where the links to these are posted? You don't have to be on twitter to see it, just Google Kevin nagle twitter. So anyone can see it if they want Yeah but if people aren't on twitter in the first place then they won't know about the diary (unless they read DATM). So putting a link to it on the club site/official club socials will give the diary access to far more Town fans.
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Post by Essex Terrier on May 30, 2024 17:44:27 GMT 1
Not bad for someone who never expected to get a penny back. There should be a time limit on it..e.g. within 5 years. What if Nagle sells up, does the new owner take on the potential liability ? I'm sure Big Kev will welcome your input. However, and I'm going out on a limb here, I'm guessing that he might have his own views, backed up by his own legal beagles, on what the terms might be? Just a hunch, mind.
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Post by Up the Duff. on May 30, 2024 17:47:01 GMT 1
There should be a time limit on it..e.g. within 5 years. What if Nagle sells up, does the new owner take on the potential liability ? I'm sure Big Kev will welcome your input. However, and I'm going out on a limb here, I'm guessing that he might have his own views, backed up by his own legal beagles, on what the terms might be? Just a hunch, mind. It's a forum stop being such an arsehole.
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Post by Essex Terrier on May 30, 2024 17:49:15 GMT 1
I'm sure Big Kev will welcome your input. However, and I'm going out on a limb here, I'm guessing that he might have his own views, backed up by his own legal beagles, on what the terms might be? Just a hunch, mind. It's a forum stop being such an arsehole. It's a forum, calm down dearie.
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Post by royrace on May 30, 2024 17:59:24 GMT 1
In all seriousness, how many people on here would write off £50m? An absolute bargain for owning your home town club for 15 years and taking it from L1 to the PL. You'd have to be an idiot to go into it expecting not to spend tens of millions, and he's no idiot. Got greedy, it happens.
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Post by htafcokay on May 30, 2024 18:01:25 GMT 1
In all seriousness, how many people on here would write off £50m? An absolute bargain for owning your home town club for 15 years and taking it from L1 to the PL. You'd have to be an idiot to go into it expecting not to spend tens of millions, and he's no idiot. Got greedy, it happens. Out of interest, would you write off £50m?
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Post by boooothy on May 30, 2024 18:05:49 GMT 1
An absolute bargain for owning your home town club for 15 years and taking it from L1 to the PL. You'd have to be an idiot to go into it expecting not to spend tens of millions, and he's no idiot. Got greedy, it happens. Out of interest, would you write off £50m? There was a mini meltdown when season tickets went up 50 pounds for a few hours
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Post by royrace on May 30, 2024 18:09:13 GMT 1
Can't wait to hear the plans for the stadium and surrounding land. Been very light on detail but seems determined to make it an attraction for the whole town. Quite relieved he isn't expecting a return on the club itself but expects to increase value by turning the stadium and land into a going concern.
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Post by detox on May 30, 2024 18:31:12 GMT 1
An absolute bargain for owning your home town club for 15 years and taking it from L1 to the PL. You'd have to be an idiot to go into it expecting not to spend tens of millions, and he's no idiot. Got greedy, it happens. Out of interest, would you write off £50m? It's all relative though isn't it. Card factory was valued about £300m but DHs assets are phenomenally higher. So say 1/6th of your assets, which if you had £20k in the bank would equate to £3.5k So yes, if need be, for my home town club, I would. However,in context, the club had revenues of £0.3 billion over 3 years, DH must be the only owner who came out of that with bigger debt. He fluffed it tbh.
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irverino
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Post by irverino on May 30, 2024 18:33:28 GMT 1
An absolute bargain for owning your home town club for 15 years and taking it from L1 to the PL. You'd have to be an idiot to go into it expecting not to spend tens of millions, and he's no idiot. Got greedy, it happens. Out of interest, would you write off £50m? I remember asking Dean the day Davy took over if he was interested in getting involved financially at Town, he turned & replied 'would you'?.........We need a new poll, will Dean ever see the 15 million during KN tenure? Highly unlikely, tick.
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Post by itkterrier on May 30, 2024 18:42:10 GMT 1
Wasn’t Hoyle going to voluntarily put us in admin to get Phil’s lot off his back? He’s not the hero some think he is.
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Wingman
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Post by Wingman on May 30, 2024 18:51:25 GMT 1
Just watched the diary, another good one. Fair questions and responses. I feel both Justasmithers and KN are in this for the long haul and are committed to the club. Things can change of course, but for now, it’s feels positive which coming off the back of such a dire season is a unique feeling.
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Post by Sio on May 30, 2024 19:01:47 GMT 1
Wasn’t Hoyle going to voluntarily put us in admin to get Phil’s lot off his back? He’s not the hero some think he is. These people still exist?
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