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Post by Porrohman on Sept 18, 2014 19:30:53 GMT 1
How many of us were complaining about him spending his brass at the time though, I know I wasn't
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Post by Chips Longhorn on Sept 18, 2014 19:33:14 GMT 1
If you're determined it's Bruces fault is he also to blame for putting together the best Town team I've seen in 40 years ? Sent from my GT-I9505 using proboards What are you on about? I never disputed that, Bruce sold Marcus Stewart, that is all I said. Jog on lad.
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Post by gledholt terrier on Sept 18, 2014 19:42:09 GMT 1
The existing players contracts needed to be paid, Rubery DID sell for a nominal fee but the club was saddled with ridiculous contracts that the club's income could not sustain. It WAS these player contracts that Rubery signed off on that killed the club not David Taylor's manful efforts to right the ship or plug the many leaks in the dike. Not one mention above of how irresponsible Rubery was , whatever he did. The fair play rules were put in place to prevent clubs overspending and very much doubt Dean Hoyle would break these rules. He couldn't break rules that didn't exist. It was his money and he could spend it how he wished. Which he did. DH quite rightly spends and plans more wisely, and for the future not just the here and now (and I doubt he needs FFP rules to constrain him).
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Post by Sugy , Paignton Devon Terrier on Sept 18, 2014 20:29:56 GMT 1
Not one mention above of how irresponsible Rubery was , whatever he did. The fair play rules were put in place to prevent clubs overspending and very much doubt Dean Hoyle would break these rules. He couldn't break rules that didn't exist. It was his money and he could spend it how he wished. Which he did. DH quite rightly spends and plans more wisely, and for the future not just the here and now (and I doubt he needs FFP rules to constrain him). I was referring to the fair play rules that were put in place after Ruberys departure .
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Post by Sugy , Paignton Devon Terrier on Sept 18, 2014 20:42:25 GMT 1
Does anybody know how Davey become Huddersfield Town life president. I can only presume that this position was granted as part of the share return agreement.
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Post by ShortbreadPete on Sept 18, 2014 20:43:54 GMT 1
It was. All hail our quality life president the saviour of HTAFC
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Post by Deleted on Sept 18, 2014 20:45:12 GMT 1
It was self appointed by the man himself.
It's a meaningless title as far as the club is concerned.
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Post by Solihull Terrier on Sept 19, 2014 11:12:12 GMT 1
I read this week that Ruberry lost 12.5 million pounds at Town, then wrote it off. As has been said plenty of times, he never actually invested that amount of money. Going into admin triggered a clause in the loans owed to him that meant they would double in value. He also wrote the exaggerated debt figure off because it allowed him to use it as a tax deductible expense. This meant he effectively recouped his whole investment and made money out of it. So hardly a saint for writing it off was he?
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Post by Solihull Terrier on Sept 19, 2014 11:18:30 GMT 1
Just a message to the Rubery sympathisers ---- Why do you think the fair play rules were introduced ?? and thank god we now have a sensible chairman in Mr Dean Hoyle. Rubery spent his money and took his losses on the chin. It was the ill advised takeover from Rubery which caused all the problems. Rather than jumping in they should've waited for BR to sell at a nominal figure including wiping off the debt the club owed him. Rubery could easily have made the administration process very (or even more) protracted and painful, but didn't. He didn't because it suited him and he profited financially out of it, or at least broke even. The write off from the debt meant he saved as much in taxes as he'd actually invested at town. No brainer for him. Very cleverly financed from his point of view, but certainly not the hero he's made out to be for writing off his debt.
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Post by Deleted on Sept 19, 2014 11:24:24 GMT 1
Surely Ian Ayre is a reason to attend? Would be great to hear some inside stories from that period of Town's history; Stewart's sale, wearing a Liverpool shirt, administration... I don't like him for what he did, but don't think he acted with dishonourable intentions, he just made mistakes which had major repercussions.
Likewise hearing Allam speak about the Hull Tigers issue would be interesting.
Sounds a good event for me. Tickets look pricey, but presumably the target audience is businesses entertaining clients.
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Post by portugalterrier on Sept 19, 2014 11:34:52 GMT 1
Barry Rubery wrote off £12 million if he had not done this the club would have been liquidated. He gambled on taking us to the greedy league advised and managed by some chancres exiting while it lasted . Barry Rubery was a naive football man let down by Cherry and Bruce .You should thank him,you have short memories, £12 million even with tax losses still equals £6 million.!!!!
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Post by bro600 on Sept 19, 2014 11:48:08 GMT 1
Barry Rubery wrote off £12 million if he had not done this the club would have been liquidated. He gambled on taking us to the greedy league advised and managed by some chancres exiting while it lasted . Barry Rubery was a naive football man let down by Cherry and Bruce .You should thank him,you have short memories, £12 million even with tax losses still equals £6 million.!!!! He (Ruberry) still as a finger in our media payments and our website that we can't control because it isn't under HTFC control. And Davy's presidency was part of the takeover of the club as Dean had to weigh up the cost of living under the rules of that time or buying him out.
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Post by Captainslapper on Sept 19, 2014 11:58:29 GMT 1
agree with ssh. Ayre is a great choice of guest as illustrated by the confusion and theories in this thread. An awful lot of questions to ask about that time in HTFCs history. If hes forthright and honest it will be a very interesting evening.
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Post by Sugy , Paignton Devon Terrier on Sept 19, 2014 15:18:17 GMT 1
Barry Rubery wrote off £12 million if he had not done this the club would have been liquidated. He gambled on taking us to the greedy league advised and managed by some chancres exiting while it lasted . Barry Rubery was a naive football man let down by Cherry and Bruce .You should thank him,you have short memories, £12 million even with tax losses still equals £6 million.!!!! Rubery wrote off £12 million which was money accumilated through his own incompetence .
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Post by Deleted on Sept 19, 2014 15:45:30 GMT 1
Barry Rubery wrote off £12 million if he had not done this the club would have been liquidated. He gambled on taking us to the greedy league advised and managed by some chancres exiting while it lasted . Barry Rubery was a naive football man let down by Cherry and Bruce .You should thank him,you have short memories, £12 million even with tax losses still equals £6 million.!!!! Barry Rubery wrote off £12 million which was money accumulated through his own imcompetence . Rubery dealings are a perfect example of what can happen when a gamble goes horribly wrong and just one reason why the fair play rules were later introduced. And at what point does Dean H's investment (currently around double Ruberys £12m) get considered incompetence, despite operating within FFP guidelines?? Rubery wrote off £12m because he could afford to, just like Dean will likely do one day. It doesnt make either of them incompetent, I'm sure they full understand the risks of getting involved financially with football clubs and the very slim chance of getting even a small percentage back. Football clubs are vanity projects. Toys. And, given the finances Dean has put in directly to the Hudds Foundation with the matched funding, plus multimillion pound charitable donations prior to becoming owner of Town, and the drive hes provided with the Air Ambulance etc, you can see exactly why hed be the kind of person who wouldnt mind throwing cash away on his local football club. (Or im naieve and its all an almighty tax write off, but against what I dont know!)
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Post by Sugy , Paignton Devon Terrier on Sept 19, 2014 15:57:04 GMT 1
Barry Rubery wrote off £12 million which was money accumulated through his own imcompetence . Rubery dealings are a perfect example of what can happen when a gamble goes horribly wrong and just one reason why the fair play rules were later introduced. And at what point does Dean H's investment (currently around double Ruberys £12m) get considered incompetence, despite operating within FFP guidelines?? Rubery wrote off £12m because he could afford to, just like Dean will likely do one day. It doesnt make either of them incompetent, I'm sure they full understand the risks of getting involved financially with football clubs and the very slim chance of getting even a small percentage back. Football clubs are vanity projects. Toys. And, given the finances Dean has put in directly to the Hudds Foundation with the matched funding, plus multimillion pound charitable donations prior to becoming owner of Town, and the drive hes provided with the Air Ambulance etc, you can see exactly why hed be the kind of person who wouldnt mind throwing cash away on his local football club. (Or im naieve and its all an almighty tax write off, but against what I dont know!) Surely Incompetence is when a Chairman puts a football club at risk of going out of business.
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Post by Deleted on Sept 19, 2014 17:05:14 GMT 1
And at what point does Dean H's investment (currently around double Ruberys £12m) get considered incompetence, despite operating within FFP guidelines?? Rubery wrote off £12m because he could afford to, just like Dean will likely do one day. It doesnt make either of them incompetent, I'm sure they full understand the risks of getting involved financially with football clubs and the very slim chance of getting even a small percentage back. Football clubs are vanity projects. Toys. And, given the finances Dean has put in directly to the Hudds Foundation with the matched funding, plus multimillion pound charitable donations prior to becoming owner of Town, and the drive hes provided with the Air Ambulance etc, you can see exactly why hed be the kind of person who wouldnt mind throwing cash away on his local football club. (Or im naieve and its all an almighty tax write off, but against what I dont know!) Puting a football club into Administration through bad business is surely classed as being incompetent. And Barry Rubery DIDNT put a football club into administration. The PFA put Huddersfield Town into administration, because of the way it was being ran under *David Taylors* stewardship. Was David Taylor incompetent? I dont think so, just a fan desperate to see his club compete who misjudged how much ongoing financial input that would require. Misguided? Perhaps. Romanticised? Probably. Incompetent? I dont think so. Not all mistakes or failings are a result of incompetency, and to label a man who has put so much into the club that way would be offensive (note...i know you havent done this). Lets just hope that Dean Hoyle hasnt misjudged the ongoing level of support required....if he has he could be Rubery and Taylor rolled into one. Personally I dont think he has. Or at least, i hope he hasnt, because if the club CAN get to the next level of sustainability, we'll have a great and proud owner at the helm, just like Taylor would have been had he managed it. That Barry Rubery was able to write off £12m, and David Taylor £800k (probably a devastating financial impact for him) is what meant the CVA was able to be agreed, oterwise Hudds Town would have been liquidated and cease to exist as a Football League club at the time.
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Post by Nickhudds.UTT on Sept 19, 2014 17:06:35 GMT 1
Is the horrid Barry Fry coming now ?
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Post by Deleted on Sept 19, 2014 17:26:13 GMT 1
Is the horrid Barry Fry coming now ? I like Barry Fry, a proper character. Sent from my GT-I9300 using proboards
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Post by Captainslapper on Sept 19, 2014 17:39:13 GMT 1
I wonder where we'd be now had we been liquidated back in 2003? Presumably as with other clubs, a new club would have been born from the ashes of the old one , starting again in the North east Counties div 2 or something, and we'd have set about the long drawn out process of working our way back into the football league. Think thats about 7 or 8 tiers down so expect we'd have done it by now. I know back in the darkest days under Davy, when the possible light at the end of the tunnell in pearson had been shooed off and it seemed fanciful that we had amongst us a fan with the means and determination of dean Hoyle to take back the club, I used to really wish we had gone under back in 03, and we'd still have 'our' club, owned and run by a fan(s) with no other agenda but the club progressing and being as successful as it can be. That seemed infinitely more desirable than what it looked like we'd have for decades to come- A football club run for the purpose of funding a property company and a rugby league club. Think it would have been a real adventure turning up en-masse in our hundreds, maybe even thousands, at various small town and village clubs in the North east region!!
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Post by Deleted on Sept 19, 2014 21:42:37 GMT 1
I'm of the same mind, and that season in League 2 felt like a little bit of a taste of "getting the club back" with great trips to Boston and Torquay and the like...i'm sure it might have worn a bit thin if we hadnt bounced straight back.
But..whikst a lengthy spell in League 2 is about as appealling as the years we spent in League 1, .i think i could quite happily cope with more than one season following a Town team in the non league system. I think at the time I kind of imagined one solution to the admin would be a merger with Halifax Town and we'd play at the Shay or something with the ground full up every week.
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Post by Chips Longhorn on Sept 19, 2014 21:59:53 GMT 1
And at what point does Dean H's investment (currently around double Ruberys £12m) get considered incompetence, despite operating within FFP guidelines?? Rubery wrote off £12m because he could afford to, just like Dean will likely do one day. It doesnt make either of them incompetent, I'm sure they full understand the risks of getting involved financially with football clubs and the very slim chance of getting even a small percentage back. Football clubs are vanity projects. Toys. And, given the finances Dean has put in directly to the Hudds Foundation with the matched funding, plus multimillion pound charitable donations prior to becoming owner of Town, and the drive hes provided with the Air Ambulance etc, you can see exactly why hed be the kind of person who wouldnt mind throwing cash away on his local football club. (Or im naieve and its all an almighty tax write off, but against what I dont know!) Surely Incompetence is when a Chairman puts a football club at risk of going out of business. To me, incompetence is having to edit every single post you write , even the one liners !!
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Post by Deleted on Sept 20, 2014 9:01:33 GMT 1
Surely Ian Ayre is a reason to attend? Would be great to hear some inside stories from that period of Town's history; Stewart's sale, wearing a Liverpool shirt, administration... I don't like him for what he did, but don't think he acted with dishonourable intentions, he just made mistakes which had major repercussions. Likewise hearing Allam speak about the Hull Tigers issue would be interesting. Sounds a good event for me. Tickets look pricey, but presumably the target audience is businesses entertaining clients. Exactly, people are judging Ayre on a few decisions he made at his time here, but this is an event where chairman from all over the country will be attending. Ayre has been heavily involved in some intriguing times at Liverpool, I'd love to hear him talk about why they spent so much on Carroll, the purchase and sale of Suarez, the plans for expanding Anfield,etc.
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Post by Deleted on Sept 20, 2014 9:25:47 GMT 1
Nobody should knock David Taylor for his valiant efforts. He lost over £100k during his time which, proportionate to his possible wealth, was maybe a higher % than Ruberry or Hoyle have invested. Ruberry was naive, advised by fools but when the time came didn't kill the club and wrote off the debt. Taylor was hamstrung by the contracts of Smith et al. and was trying to bail out an already sinking ship. Sacking Macari was his greatest mistake though. Hard to know if anything would have saved us at that time. Signing Ndlovu permenantly? Cheers Bruce. Getting Boothy in earlier? Barnsley not playing the kids at Pompey? Going all out for 3 points at Wimbledon? If we had stayed in the Championship that year would we have found a way to regroup? If we had won the playoffs under Macari could we have survived back in the Championship? Could a manager other than Wassworth have steadied us in League 1? Or was administration inevitable given the circumstance and the above were all just timing factors in a slowly unfolding Shakespearean Tragedy? Fascinating really. They were some pretty dark days!
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Post by bro600 on Sept 20, 2014 9:36:37 GMT 1
The only thing David Taylor was guilty of is what all us supporters are guilty of every day, he let his heart rule his head when it came to Huddersfield Town.
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