Maynardblue
Jimmy Nicholson Terrier
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Post by Maynardblue on May 30, 2024 19:04:33 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. Don't forget the £32m 'bank loan' that was repaid with the first parachute payment🤐 |
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Post by htafcokay on May 30, 2024 19:20:05 GMT 1
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. There's hardly anyone on here that would write off £3.5k. People were wittering about paying an extra 100 nicker next season just a day ago. |
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Post by Million Dollar Babies on May 30, 2024 19:32:47 GMT 1
You can't compare writing off 1/6th of £20k total wealth Vs £300 million.
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Post by shadwelljim on May 30, 2024 20:10:28 GMT 1
Absolutely love Dave and Kevin, we are blessed to have an accessible chairman. You've got to love their positude, life with a positive attitude, they nailed it, we are lucky. Feel the future is good, it could have been so BAD!
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Post by Terrier Ramone on May 30, 2024 20:49:32 GMT 1
I've been slowly losing interest in Town these last 2 years & I really thought I couldn't be arsed any more & this season would be my last season ticket. Kev has re-sparked my interest & I love how Dave links us fans to Kev, the honesty, their love for the club & the desire to succeed is clear to see & I renewed our 4 tickets on day 1.
Kev's either a terrific conman or we have landed on our feet with him as our owner. No results are guaranteed in football but I think KN will do his best for us.
I was remembering that famous Grimsby Town fan letter after a relegation season earlier today, someone more tech savvy than me could maybe put it up again on this thread so Dave can read it, I reckon he'd love it. Even in that though, it ends on a really positive note & I feel exactly the same about next season, I can't wait for it to start.
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Post by royrace on May 30, 2024 20:49:33 GMT 1
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. There's hardly anyone on here that would write off £3.5k. People were wittering about paying an extra 100 nicker next season just a day ago. I think an avid town fan with 20k in the bank would happily pay 3.5k to live the dream of owning the club for 15 (fifteen) years, absolute bargain!!!!! What else would he do with the money? Helicopters, private jets, an island? Or get to run the club he loves for 15 years. Did a lot of good work for charity during that period, had a lot of success and left the club in a much better state than he found it, made history and was idolised by many. Like I said, bargain. We dont know what KN paid for the club so dont know how much of the £50M he has already taken back, if its a small amount I dont have a massive issue with the £15M although it looks a bit greedy. My issue is with the PH deal and the motivation behind it which basically squandered the entire PL legacy in a quest to claw back as much cash as possible. As others have said will the likes of Bloom, Gibson do the same? Did Jack Walker and Dave /Whelan? I doubt it. His money but I find it odd that people think he deserves it back as if he'd bought property or some sort of commodity. Everyone chucks money away on football clubs, he knew this and its money he spent whilst running the club not what he spent to purchase it as far as I can tell!? £15M is only a tad more than he spent on Isaac Mbenza  |
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Maynardblue
Jimmy Nicholson Terrier
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Post by Maynardblue on May 30, 2024 20:51:32 GMT 1
Let's keep it positive. What's happened has happened.
Kevin has taken Town into his heart and that is great news for the us and the club. I'm genuinely positive about the future for the first time in a long while. UTT
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Post by royrace on May 30, 2024 20:57:34 GMT 1
You can't compare writing off 1/6th of £20k total wealth Vs £300 million. True, if you spend £50M of a £300M fortune you'll still have more money than you and your kids and their kids and theirs etc can ever reasonably spend in a life time, plus you would have made 50M and then some out of your remaining funds during the 15 years. Bit different to spending 3.5k if you only have 20 in the bank. You might just make the £3.5k back in interest but you'd be an unfortunate event away from being broke. Obviously 50M is much more money but it wouldn't affect your life or future, at all, not even a little bit. |
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ben1987
Mental Health Support Group
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Post by ben1987 on May 30, 2024 21:07:00 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. 🥱 |
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Dan
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Post by Dan on May 30, 2024 21:19:31 GMT 1
I've been slowly losing interest in Town these last 2 years & I really thought I couldn't be arsed any more & this season would be my last season ticket. Kev has re-sparked my interest & I love how Dave links us fans to Kev, the honesty, their love for the club & the desire to succeed is clear to see & I renewed our 4 tickets on day 1. Kev's either a terrific conman or we have landed on our feet with him as our owner. No results are guaranteed in football but I think KN will do his best for us. I was remembering that famous Grimsby Town fan letter after a relegation season earlier today, someone more tech savvy than me could maybe put it up again on this thread so Dave can read it, I reckon he'd love it. Even in that though, it ends on a really positive note & I feel exactly the same about next season, I can't wait for it to start. |
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Post by kiwiblue on May 30, 2024 21:32:48 GMT 1
I've been slowly losing interest in Town these last 2 years & I really thought I couldn't be arsed any more & this season would be my last season ticket. Kev has re-sparked my interest & I love how Dave links us fans to Kev, the honesty, their love for the club & the desire to succeed is clear to see & I renewed our 4 tickets on day 1. Kev's either a terrific conman or we have landed on our feet with him as our owner. No results are guaranteed in football but I think KN will do his best for us. I was remembering that famous Grimsby Town fan letter after a relegation season earlier today, someone more tech savvy than me could maybe put it up again on this thread so Dave can read it, I reckon he'd love it. Even in that though, it ends on a really positive note & I feel exactly the same about next season, I can't wait for it to start. I hadn't read that before, had me laughing out loud!  While I can empathise with the poor sod, he has a magic way with words. |
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Post by ShortbreadPete on May 30, 2024 22:51:20 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? They do. Dean played a great game of poker on that one. After all he did for our club then nearly lost his life I'm ashamed at the lack of appreciation and empathy from some on here |
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Post by twyford on May 30, 2024 22:56:31 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. Don't forget the £32m 'bank loan' that was repaid with the first parachute payment🤐 My understanding of the 'bank loan' is this was a bridging loan, provided by a specialist funder, to cover the up front costs of joining the PL. The bulk of the income in the PL comes from Sky, but at the end of the season, and this would be used to repay the bridging loan. As we stayed up the funder was amenable to rolling the loan over for another season but wouldn't do so again following relegation so it had to be repaid from the parachute payments. Can't see this as being anything sinister on Hoyle's part. Arguably he could have funded the up front costs with further director's loans but that would have taken his total to around £100m and I can understand him not wanting to be in that deep. |
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Maynardblue
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Post by Maynardblue on May 30, 2024 23:00:27 GMT 1
Don't forget the £32m 'bank loan' that was repaid with the first parachute payment🤐 My understanding of the 'bank loan' is this was a bridging loan, provided by a specialist funder, to cover the up front costs of joining the PL. The bulk of the income in the PL comes from Sky, but at the end of the season, and this would be used to repay the bridging loan. As we stayed up the funder was amenable to rolling the loan over for another season but wouldn't do so again following relegation so it had to be repaid from the parachute payments. Can't see this as being anything sinister on Hoyle's part. Arguably he could have funded the up front costs with further director's loans but that would have taken his total to around £100m and I can understand him not wanting to be in that deep. That was the given narrative yes. Sinister is harsh as we're talking money that was legally owed to Hoyle- more of a PR thing. But it's long gone now, this is an entirely new chapter in Towns history. |
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Post by runner76 on May 30, 2024 23:10:54 GMT 1
Like somebody said earlier, Kev is either the greatest conman ever (which I fully believe he isn’t!!!) or we should embrace the fact this guy wants to buy the stadium, make it the heart of the town, bring back gigs, invest in it and , let’s not forget, make Town a sustainable Premier League club.
Nice nice.
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Post by twyford on May 30, 2024 23:12:34 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. It's not a gift though is it? It's part repayment of loans he made to the club and which the club still owes him. He's deferring the repayment until the club has a return to the PL and potentially its cashflow is better able to make that repayment. Could be the 12th of Never. Nagle obviously feels the payments already made to Hoyle combined with this deferred payment are an acceptable overall consideration for the club. |
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Post by twyford on May 30, 2024 23:18:01 GMT 1
My understanding of the 'bank loan' is this was a bridging loan, provided by a specialist funder, to cover the up front costs of joining the PL. The bulk of the income in the PL comes from Sky, but at the end of the season, and this would be used to repay the bridging loan. As we stayed up the funder was amenable to rolling the loan over for another season but wouldn't do so again following relegation so it had to be repaid from the parachute payments. Can't see this as being anything sinister on Hoyle's part. Arguably he could have funded the up front costs with further director's loans but that would have taken his total to around £100m and I can understand him not wanting to be in that deep. That was the given narrative yes. Sinister is harsh as we're talking money that was legally owed to Hoyle- more of a PR thing. But it's long gone now, this is an entirely new chapter in Towns history. Aldermore Bank are one of the specialist funders that provide this type of loan, secured against end of season Sky receipts. Other clubs have taken loans against future season ticket income. Repayment of this loan would have gone to the funder, not Hoyle. |
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Post by twyford on May 30, 2024 23:30:56 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. I agree with many of your points but for the sake of balance ... They are not explicit but the latest accounts suggest that Nagle has made a part payment of Hoyle's loans with no mention of write offs. There is an outstanding figure of c£25m which appears attributable to Hoyle so if he does receive a further £15m his loss on his ownership of the club will be a lot less than £30m. |
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Post by Captainslapper on May 30, 2024 23:35:07 GMT 1
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. Youre presuming Hoyle owned all of Card Factory..he didnt. And how do you know what his assets are? He needs to have a word with his accountants if thats public knowledge! I dont think Hoyle would be anything remotely like the only owner who has had time in the PL and seen their debts rise despite that rise in income revenues. I doubt many see them fall to be honest. |
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Post by Captainslapper on May 30, 2024 23:39:12 GMT 1
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. I agree with many of your points but for the sake of balance ... They are not explicit but the latest accounts suggest that Nagle has made a part payment of Hoyle's loans with no mention of write offs. There is an outstanding figure of c£25m which appears attributable to Hoyle so if he does receive a further £15m his loss on his ownership of the club will be a lot less than £30m. I'll take your word for that. I hope youre right because he doesnt deserve to have lost so much money after what he did for the club and the journey he took us on. |
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Post by Captainslapper on May 30, 2024 23:54:12 GMT 1
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 I agree ben , its beyond boring is this crap now. I hope you werent one of them coughing up a lung at the prospect of having to pay £50 more than half the going rate were you? The irony of that would make it a bit more interesting! |
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ambryboy
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Post by ambryboy on May 31, 2024 0:07:22 GMT 1
Want to win the league and he has 30 pairs of sandals and loves halibut If it's good enough for Jehovah.... Blasphemer  |
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ambryboy
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Post by ambryboy on May 31, 2024 0:13:13 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? Yes, one holds the rank of Captain one resides in Portugal  |
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Post by harri54 on May 31, 2024 0:44:37 GMT 1
These people still exist? Yes, one holds the rank of Captain one resides in Portugal I find it incredible that Phil is not seen as the responsible, but losing, 'player' in this game of brinkmanship. It tarnish's Hoyle image as a gambler with the club's image, but we should remember the motive of 'busted flush' Phil, who was looking for an earner! |
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Post by pinstripe on May 31, 2024 2:59:21 GMT 1
Let's keep it positive. What's happened has happened. Kevin has taken Town into his heart and that is great news for the us and the club. I'm genuinely positive about the future for the first time in a long while. UTT Well if you’re saying it, I’m honestly more convinced that Kevin is here to help. It’s difficult to judge how much of it is firefighting PR work after a relegation from the outside; but you seem optimistic. |
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Post by King Neil on May 31, 2024 5:08:51 GMT 1
In life we all make mistakes
But why oh why do some on here only cling to the negatives??
Yes deano made a few mistakes in the end,,but to just forget all the good he has done makes no sense to me
Playoffs 3 years on the bounce before promotion to the Championship and a very long stint there with a couple of seasons in the Premier league!!...isn't that something to remember and feel good about??
Someone can't be classed as the pantomime villain just because they got a couple of things wrong after years of being in the top 2 divisions
Kev has started with mistakes yet everyone is willing to give him a chance and think the sun shines out of his arse
He comes across as a genuine fellow who hopefully will start to get things right...But at the moment he's achieved nothing but a relegation!!
Funny how people's minds work
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Post by detox on May 31, 2024 5:53:50 GMT 1
You can't compare writing off 1/6th of £20k total wealth Vs £300 million. I wasn't doing,as I said..it's all relative. |
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Post by detox on May 31, 2024 5:56:02 GMT 1
Yes, one holds the rank of Captain one resides in Portugal I find it incredible that Phil is not seen as the responsible, but losing, 'player' in this game of brinkmanship. It tarnish's Hoyle image as a gambler with the club's image, but we should remember the motive of 'busted flush' Phil, who was looking for an earner! Not really, I think DH approached Phil tbh. |
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Post by leroy212 on May 31, 2024 6:01:01 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. Don't forget the £32m 'bank loan' that was repaid with the first parachute payment🤐 And the money repaid from player sales |
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Post by mosher on May 31, 2024 8:08:36 GMT 1
In all seriousness, how many people on here would write off £50m? I think if I was as well off (I won't say rich, not by today's football standards) as DH is then yes I'd like to believe I would. But nobody knows until they're in that situation, especially given his personal circumstances changing as they did. I've been near-death so I know first-hand how it can change your outlook, for good or bad. |
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