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WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:11 pm

Is it now that Sam wants to come back because in the past he has been threatened that the club will be put into administration if he tries in anyway to come back or even speak out ?

Was it PMG that has always held the threat of administration over the club and not Langston ?

Now that the Malaysians own more than 25% of the club that no party can put the club into administration without their say so.

Is this why Sam can now come out from behind the door and explain what has gone on that so so many did not understand ?

In the past 5 years we have been told that Sam was the bad guy and Sam would kill the club, but is this the truth or bullshit by the regime running the club at the time ?

If Sam settles with Langston for £10 million but the debt was £24 million I say fair play to him and good work on behalf of the club and does'nt Sam deserve to have the opportunity to talk with TG, of course he does and even the most dim witted person could understand that, because who would benefit from it, the club would.

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:14 pm

I beleive our club is at the 'last chance saloon', ready to blow at any moment. Give the fella [Sam] a chance & listen to him, i say!

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:22 pm

RICK+CCFC wrote:I beleive our club is at the 'last chance saloon', ready to blow at any moment. Give the fella [Sam] a chance & listen to him, i say!


Agree with you Rick, we need all/any help we can get. :shock: :shock: :shock: :shock: :( :( :( :(

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:22 pm

RICK+CCFC wrote:I beleive our club is at the 'last chance saloon', ready to blow at any moment. Give the fella [Sam] a chance & listen to him, i say!


Rick,I keep thinking the Malaysians are honourable and decent and good businessmen and nothing has made me think otherwise as yet but surely they have a masterplan which in truth none of us know what it is, but surely when you got a man like Sam Hammam who has done so much and devoted so much money, time and effort then he deserves the opportuntiy to be heard.

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:23 pm

I believe in SAM COME HOME FELLA :ayatollah: :ayatollah: :ayatollah:

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:24 pm

Uncle Fester wrote:
RICK+CCFC wrote:I beleive our club is at the 'last chance saloon', ready to blow at any moment. Give the fella [Sam] a chance & listen to him, i say!


Agree with you Rick, we need all/any help we can get. :shock: :shock: :shock: :shock: :( :( :( :(


Unless the Malaysians are going to pay off Langston in full before the end of the year and accept responsibility for all the outstanding debts then I think there is a strong possibility that Sam will return to the club and the club will be on a more sound financial standing.

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:25 pm

Yeah, I think we have to listen to anyone who is willing to talk and can put in/write off some cash.

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:25 pm

carlccfc wrote:Is it now that Sam wants to come back because in the past he has been threatened that the club will be put into administration if he tries in anyway to come back or even speak out ?

Was it PMG that has always held the threat of administration over the club and not Langston ?

Now that the Malaysians own more than 25% of the club that no party can put the club into administration without their say so.

Is this why Sam can now come out from behind the door and explain what has gone on that so so many did not understand ?

In the past 5 years we have been told that Sam was the bad guy and Sam would kill the club, but is this the truth or bullshit by the regime running the club at the time ?

If Sam settles with Langston for £10 million but the debt was £24 million I say fair play to him and good work on behalf of the club and does'nt Sam deserve to have the opportunity to talk with TG, of course he does and even the most dim witted person could understand that, because who would benefit from it, the club would.



Carl. I thought the club were going to talk to him, and given the information presented to us then its sensible to do so, especially as whatever agreement is in place he's still our biggest creditor.

Persoanlly I don't really care who was the bad guy a few years ago, as it seemed to me then and still does now that both parties were acting out of self-interest. Its today and tomorrow which matters. There could be hours of debate about that alone which wouldn't make things any better.

Its the 'other' side of things where it gets less clear.

Apart from firming up the 'unsigned' agreement, what exactly can Sam do to help ?

I'm not convinced that we 'need' him in the boardroom, IF we need a 'football man' then lets advertise and do it properly (for once), getting by far the best person for the job.

IF he has money to invest then how much, on what terms, and in what form, and what effect would that have on the other investors - would it just be conversion of one debt for another ?

Could he work with TG ? they seem very different characters.

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:25 pm

I believe The Malaysians are very Honourable people and will meet with Sam as planned and will listen to what he says, the outcome, no one really knows yet, but what ever it is I Will Respect :ayatollah: :ayatollah: :ayatollah: :ayatollah:

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:26 pm

morph1927 wrote:I believe in SAM COME HOME FELLA :ayatollah: :ayatollah: :ayatollah:


So do I Morph, Sam loves the club, he cares for the club and he has the ability to help the club when it is needed the most.

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:26 pm

PtB wrote:Yeah, I think we have to listen to anyone who is willing to talk and can put in/write off some cash.


Absolutely Paul :ayatollah:

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:27 pm

carlccfc wrote:
RICK+CCFC wrote:I beleive our club is at the 'last chance saloon', ready to blow at any moment. Give the fella [Sam] a chance & listen to him, i say!


Rick,I keep thinking the Malaysians are honourable and decent and good businessmen and nothing has made me think otherwise as yet but surely they have a masterplan which in truth none of us know what it is, but surely when you got a man like Sam Hammam who has done so much and devoted so much money, time and effort then he deserves the opportuntiy to be heard.


I agree Carl, i get the feeling something is happening "just around the corner", good or bad. Talk about shaking the tree to see what falls out, i just hope something good happens. I don't think i can take much more shit.

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:27 pm

carlccfc wrote:
Uncle Fester wrote:
RICK+CCFC wrote:I beleive our club is at the 'last chance saloon', ready to blow at any moment. Give the fella [Sam] a chance & listen to him, i say!


Agree with you Rick, we need all/any help we can get. :shock: :shock: :shock: :shock: :( :( :( :(


Unless the Malaysians are going to pay off Langston in full before the end of the year and accept responsibility for all the outstanding debts then I think there is a strong possibility that Sam will return to the club and the club will be on a more sound financial standing.



Carl, any idea how the 'stronger financial standing' will be achieved ?

Surely its hard cash here and now the club needs, the Langston deal, although a major millstone for the club is a more long-term issue.

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:31 pm

carlccfc wrote:
Uncle Fester wrote:
RICK+CCFC wrote:I beleive our club is at the 'last chance saloon', ready to blow at any moment. Give the fella [Sam] a chance & listen to him, i say!


Agree with you Rick, we need all/any help we can get. :shock: :shock: :shock: :shock: :( :( :( :(


Unless the Malaysians are going to pay off Langston in full before the end of the year and accept responsibility for all the outstanding debts then I think there is a strong possibility that Sam will return to the club and the club will be on a more sound financial standing.


The Malaysians won't have to accept responsibility for the debt whatever happens though would they?
They're shareholders, but it's still the clubs debt.

I don't know what the best options are at the moment, but I still trust the Malaysians and I think they know what their doing.

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:31 pm

Lawnmower wrote:
carlccfc wrote:Is it now that Sam wants to come back because in the past he has been threatened that the club will be put into administration if he tries in anyway to come back or even speak out ?

Was it PMG that has always held the threat of administration over the club and not Langston ?

Now that the Malaysians own more than 25% of the club that no party can put the club into administration without their say so.

Is this why Sam can now come out from behind the door and explain what has gone on that so so many did not understand ?

In the past 5 years we have been told that Sam was the bad guy and Sam would kill the club, but is this the truth or bullshit by the regime running the club at the time ?

If Sam settles with Langston for £10 million but the debt was £24 million I say fair play to him and good work on behalf of the club and does'nt Sam deserve to have the opportunity to talk with TG, of course he does and even the most dim witted person could understand that, because who would benefit from it, the club would.



Carl. I thought the club were going to talk to him, and given the information presented to us then its sensible to do so, especially as whatever agreement is in place he's still our biggest creditor.

Persoanlly I don't really care who was the bad guy a few years ago, as it seemed to me then and still does now that both parties were acting out of self-interest. Its today and tomorrow which matters. There could be hours of debate about that alone which wouldn't make things any better.

Its the 'other' side of things where it gets less clear.

Apart from firming up the 'unsigned' agreement, what exactly can Sam do to help ?

I'm not convinced that we 'need' him in the boardroom, IF we need a 'football man' then lets advertise and do it properly (for once), getting by far the best person for the job.

IF he has money to invest then how much, on what terms, and in what form, and what effect would that have on the other investors - would it just be conversion of one debt for another ?

Could he work with TG ? they seem very different characters.


Tim I am sure Sam can help with the Langston loan notes and also with the stadium naming rights issue and if he does then that will be for the better of the club, I also believe that Sam will have cash to invest in the club too, which is something the club is desperately in need of.

TG and Tan will have a plan, no doubt, but it does not involve throwing large amounts of cash at the club so they are, it would seem, looking at other ways to get over the debt issues. We have seen it with the PMG issue of writing off £2.7million for shares, but as yet the club has not invoked, maybe this could be something we could see happen with Langston.

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:32 pm

It would be an adavantage if half of the playing squad weren't already mortgaged off. In an ideal world we could sell to clear debts, but IMO they wouldn't pay off the debts that we really need to clear.

If getting Sam in can clear the Langstone debt or help reduce it further then it has to be considered. I also don't believe Sam would be as stupid(that's not the correct word but you know what I mean) again. He also wouldn;'t be the main man this time round, keeping him on a leash for want of a better phrase! Some of you guys obviously know Sam betetr than I do so you will know if I'm talking out my arse. Wouldn't be the first time!

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:33 pm

Lawnmower wrote: IF we need a 'football man' then lets advertise and do it properly (for once), getting by far the best person for the job.


I agree, it can't be too difficult to get somebody suitable surely

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:35 pm

Owain wrote:
carlccfc wrote:
Unless the Malaysians are going to pay off Langston in full before the end of the year and accept responsibility for all the outstanding debts then I think there is a strong possibility that Sam will return to the club and the club will be on a more sound financial standing.


The Malaysians won't have to accept responsibility for the debt whatever happens though would they?
They're shareholders, but it's still the clubs debt.

I don't know what the best options are at the moment, but I still trust the Malaysians and I think they know what their doing.


Owain what I am saying is, if the Malaysians ay off Langston and fund every other piece of business between now and Dec 31st then they would have spent in the region of £20 million, now to spend that amount of money you would have to accept that they would want a much larger share op the club, if not all of it. So therefore they as owners would be responsible for the whole club and it's debts.

Dont forget also that we had debts when Sam arrived and Sam paid them all off with his money so the club owed nobody a penny.

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:38 pm

PtB wrote:It would be an adavantage if half of the playing squad weren't already mortgaged off. In an ideal world we could sell to clear debts, but IMO they wouldn't pay off the debts that we really need to clear.

If getting Sam in can clear the Langstone debt or help reduce it further then it has to be considered. I also don't believe Sam would be as stupid(that's not the correct word but you know what I mean) again. He also wouldn;'t be the main man this time round, keeping him on a leash for want of a better phrase! Some of you guys obviously know Sam betetr than I do so you will know if I'm talking out my arse. Wouldn't be the first time!


Paul I understand what you are saying and Sam knows he had an accident with regards to our finances when he was in charge, did he deliberately try to f**k the up, no he did not, if Sam was to return then he is aware he will work for the Malaysians and that would be the difference.

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:39 pm

But they wouldn't just pay it out of their own pocket though would they?

It would either be as a loan, or eventually an increased shareholding.

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:39 pm

Owain wrote:
Lawnmower wrote: IF we need a 'football man' then lets advertise and do it properly (for once), getting by far the best person for the job.


I agree, it can't be too difficult to get somebody suitable surely


Owain, dont you think if you got somebody who can do the job we are talking about and help reduce a massive overhead and possibily put in millions of pounds too and it is not worth considering him ?

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:39 pm

carlccfc wrote:
PtB wrote:It would be an adavantage if half of the playing squad weren't already mortgaged off. In an ideal world we could sell to clear debts, but IMO they wouldn't pay off the debts that we really need to clear.

If getting Sam in can clear the Langstone debt or help reduce it further then it has to be considered. I also don't believe Sam would be as stupid(that's not the correct word but you know what I mean) again. He also wouldn;'t be the main man this time round, keeping him on a leash for want of a better phrase! Some of you guys obviously know Sam betetr than I do so you will know if I'm talking out my arse. Wouldn't be the first time!


Paul I understand what you are saying and Sam knows he had an accident with regards to our finances when he was in charge, did he deliberately try to f**k the up, no he did not, if Sam was to return then he is aware he will work for the Malaysians and that would be the difference.


Then f**k it - get him in :ayatollah:

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:40 pm

Owain wrote:But they wouldn't just pay it out of their own pocket though would they?

It would either be as a loan, or eventually an increased shareholding.


But they would still own more of the club.

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:41 pm

carlccfc wrote:
Lawnmower wrote:
carlccfc wrote:Is it now that Sam wants to come back because in the past he has been threatened that the club will be put into administration if he tries in anyway to come back or even speak out ?

Was it PMG that has always held the threat of administration over the club and not Langston ?

Now that the Malaysians own more than 25% of the club that no party can put the club into administration without their say so.

Is this why Sam can now come out from behind the door and explain what has gone on that so so many did not understand ?

In the past 5 years we have been told that Sam was the bad guy and Sam would kill the club, but is this the truth or bullshit by the regime running the club at the time ?

If Sam settles with Langston for £10 million but the debt was £24 million I say fair play to him and good work on behalf of the club and does'nt Sam deserve to have the opportunity to talk with TG, of course he does and even the most dim witted person could understand that, because who would benefit from it, the club would.



Carl. I thought the club were going to talk to him, and given the information presented to us then its sensible to do so, especially as whatever agreement is in place he's still our biggest creditor.

Persoanlly I don't really care who was the bad guy a few years ago, as it seemed to me then and still does now that both parties were acting out of self-interest. Its today and tomorrow which matters. There could be hours of debate about that alone which wouldn't make things any better.

Its the 'other' side of things where it gets less clear.

Apart from firming up the 'unsigned' agreement, what exactly can Sam do to help ?

I'm not convinced that we 'need' him in the boardroom, IF we need a 'football man' then lets advertise and do it properly (for once), getting by far the best person for the job.

IF he has money to invest then how much, on what terms, and in what form, and what effect would that have on the other investors - would it just be conversion of one debt for another ?

Could he work with TG ? they seem very different characters.


Tim I am sure Sam can help with the Langston loan notes and also with the stadium naming rights issue and if he does then that will be for the better of the club, I also believe that Sam will have cash to invest in the club too, which is something the club is desperately in need of.

TG and Tan will have a plan, no doubt, but it does not involve throwing large amounts of cash at the club so they are, it would seem, looking at other ways to get over the debt issues. We have seen it with the PMG issue of writing off £2.7million for shares, but as yet the club has not invoked, maybe this could be something we could see happen with Langston.



All of which would be fine Carl, but at what cost to the club -we have all seen ourselves how divisive Sam can be, and again how quickly can the new cash come in ? Surwelty Sam will want something in return - and that 'something' will I'm certain be very hard to swallow for many of the major shareholders and creditors.

Also, Sam has in the past made money promises, and made fools of us in the process. Not that long ago we were being told that Sam was skint ! I have a definate concern as to how much hre really has behind him.

You might think I'm being negative about this, but I'm only saying what the vast majority of our fans will be thinking. I want this all to work out -and for the best for the club whether that is with or without Sam.

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:43 pm

carlccfc wrote:
Owain wrote:But they wouldn't just pay it out of their own pocket though would they?

It would either be as a loan, or eventually an increased shareholding.


But they would still own more of the club.


I mean that any money they may pay in addition to the £6m investment won't be as a gift will it.
If they owned 100% of the shares then it may be a different situation, but any money they may be putting in at the moment, whether it be for wages or other debts would be a loan wouldn't it?

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:48 pm

[

But they would still own more of the club.[/quote]

I mean that any money they may pay in addition to the £6m investment won't be as a gift will it.
If they owned 100% of the shares then it may be a different situation, but any money they may be putting in at the moment, whether it be for wages or other debts would be a loan wouldn't it?[/quote]


yes Owain.
At the moment it would certainly be loans.

If Sam does offer a debt for equity swap it will certainly test what the Malaysians value the club at.

Say he offerred to turn the whole loan into £10m of shares and put another £10m in for the more he would have control of the club - meaning the Malaysians would be forced to make their move.

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:49 pm

Lawnmower wrote:All of which would be fine Carl, but at what cost to the club -we have all seen ourselves how divisive Sam can be, and again how quickly can the new cash come in ? Surwelty Sam will want something in return - and that 'something' will I'm certain be very hard to swallow for many of the major shareholders and creditors.

Also, Sam has in the past made money promises, and made fools of us in the process. Not that long ago we were being told that Sam was skint ! I have a definate concern as to how much hre really has behind him.

You might think I'm being negative about this, but I'm only saying what the vast majority of our fans will be thinking. I want this all to work out -and for the best for the club whether that is with or without Sam.


Tim I dont think your being negative I think there has been years of back stabbing, bullshit and a hell of a lot of kicking a man when he is down and this has influenced many minds, opinions and perceptions, what I am suggesting is, let TG and Sam talk, if TG decides to pay Langston off before the end of the year then the cost to the club will be £10 million minus any monthly payments they have made. If TG decides he likes what Sam says and decides he is the right person to bring in to the club then we should salute it also because we all seem to be of the opinion that the Malaysians are good businessmen.

If TG has settled with Langston then for £10 million over the years to get where we are today I would say has not been a bad payment, do you ?

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:51 pm

I've asked this before and not had an answer.

What roll do you expect Sam to come into? He cannot be financially trusted so could not be the CEO and obviously TG is the Chairman. So where does Sam fit? In my opinion, and I will get slated for this, Hammam has far to big an ego to answer to a chairman, never mind a chairman and a CEO.

I don't want Sam back, I don't think it would work for the above reason and many others. Without him, we may have still been in the lower leagues even now, however, at the same time, despite the general opinion on this forum he still has a large part to play in the financial mess that this club is in. The initial debt was ran up during Sams time and he then brought Ridsdale to the club.

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:52 pm

I've asked this before and not had an answer.

What roll do you expect Sam to come into? He cannot be financially trusted so could not be the CEO and obviously TG is the Chairman. So where does Sam fit? In my opinion, and I will get slated for this, Hammam has far to big an ego to answer to a chairman, never mind a chairman and a CEO.

I don't want Sam back, I don't think it would work for the above reason and many others. Without him, we may have still been in the lower leagues even now, however, at the same time, despite the general opinion on this forum he still has a large part to play in the financial mess that this club is in. The initial debt was ran up during Sams time and he then brought Ridsdale to the club.

Re: WHY SAM ? WHY NOW ?

Sun Jul 04, 2010 6:57 pm

Sam has always had an emotional attatchment to our new stadium, it was his big idea, his baby.

What are the chances his £12m possible investment is tied to buying CCS?