Thu Jun 24, 2010 1:50 pm
Thu Jun 24, 2010 1:53 pm
Thu Jun 24, 2010 1:56 pm
Thu Jun 24, 2010 2:05 pm
BigGwynram wrote:No he wasn't the custodian of the club, he was the owner of the club, they were his players, well at least 82% of them were, look it up under business law section marked ownership (oh I had a TLG moment then)
Thu Jun 24, 2010 2:09 pm
BigGwynram wrote:In all the year that Sam owned football clubs, he never once got relegated, when he was at Wimbledon for the 12 years or so they were there over that period thay had the eighth best record out of all the clubs dring that period, and that was with 2,000 fans and no stadium, not to bad a record.
Thu Jun 24, 2010 2:09 pm
Forever Blue wrote:Gwyn every word youve just said is a FACT and No one can argue it one bit.
IT WAS SAM's ACADEMY.
Thu Jun 24, 2010 2:16 pm
Sludge wrote:Forever Blue wrote:Gwyn every word youve just said is a FACT and No one can argue it one bit.
IT WAS SAM's ACADEMY.
I am doing my best annis
Thu Jun 24, 2010 2:23 pm
Thu Jun 24, 2010 2:49 pm
Thu Jun 24, 2010 4:04 pm
BigGwynram wrote:My house is worth £120,000 pounds and I have £20,000 left on my mortgage, if its own up time, then I to must take responsibility coz I to have a debt, my assets may be greater than my debt, but I have a debt, isn't that how business's work as well.
Are there any clubs in the highest level who are debt free?
Thu Jun 24, 2010 6:06 pm
Thu Jun 24, 2010 6:34 pm
Thu Jun 24, 2010 6:42 pm
BigGwynram wrote:I think Sam had a viable plan, because it was his plans that got the stadium built, they were concerned that there would be a shortfall of the funds needed, yet allowed PR to go thru with it and then suprise suprise there was a massive multi million pound over spend. I think it was more a case of anti rugby and calling the Major a short Scottish poof, also Sam din't kiss as much Council Arse has PR or possibly have as many fellow friends or Masons on Board as did PMG.
The debt Sam ran up wasn't blown on extravagences, but on over paid players trying to rush us thru the Leagues.
The Wimbledon fiasco if you look thru history was similar to Cardiff in as much as Merton Council had agreed original plans and before things could get started the local Council was voted out and replaced by a Tory council who put more obstacles in the way than a pac man machine.
Thu Jun 24, 2010 6:55 pm
Thu Jun 24, 2010 8:52 pm
since62 wrote:BigGwynram wrote:I think Sam had a viable plan, because it was his plans that got the stadium built, they were concerned that there would be a shortfall of the funds needed, yet allowed PR to go thru with it and then suprise suprise there was a massive multi million pound over spend. I think it was more a case of anti rugby and calling the Major a short Scottish poof, also Sam din't kiss as much Council Arse has PR or possibly have as many fellow friends or Masons on Board as did PMG.
The debt Sam ran up wasn't blown on extravagences, but on over paid players trying to rush us thru the Leagues.
The Wimbledon fiasco if you look thru history was similar to Cardiff in as much as Merton Council had agreed original plans and before things could get started the local Council was voted out and replaced by a Tory council who put more obstacles in the way than a pac man machine.
Gwyn
At no time did Sam come up with a viable business plan for the stadium.Despite several requests over a long period of time from the Council for him to show how he was going to raise the money for the basic build project (let alone the fitting out bits) he refused/was unable to do so.He was given every opportunity to do so , but didn`t. All this is clearly shown in the published Council papers.
agreed
It was this that was the overriding factor in Sam failing to get the stadium build actually approved for starting construction although I agree that it didn`t help calling the leader of the Council a short Scottish poof (people who were there tell me that the actual words he used were nowhere near that polite ).
probably not the best approach
The Merton decision re Wimbledon was also not as you describe it. Again Sam failed to meet many of the conditions that he promised to despite being given time (and money) to do so - and it took the council years to recover the money from him after the scheme collapsed (again the facts are a matter of public record.
thats basically whats said in the wimbledon supporter book of the whole saga and the daily mirror fella who reported on wimbledon for the paper
he also told the fans that they ahd to move when in fact they had 5 years to do something about the ground !!
Ridsdale was no better than Sam (in many ways I would say he was far worse in terms of his over extravagance) , but was just lucky that he COULD eventually produce the evidence of funding thanks to the PMG money which sealed the deal. He did get an easy ride from Berman (no pun intended) it would seem as many others involved in the deal at the time had far less belief in Ridsdale`s abilities than Berman (who might have been desperate by that point to get the new stadium built to save face and be able to boast another facility for the city of Cardiff).
Ridsdale was a disaster for our club (very nearly a total one) but I don`t think Sam was quite as unfortunate in his dealings with authority that your post suggests.
I agree
ridsdale overspent on silly players ..he was rightly slagged off for that
sam did the same ....people just wont accept it !!
Keith
Thu Jun 24, 2010 9:25 pm
Fri Jun 25, 2010 6:43 am
Forever Blue wrote:Not a happy bunny, as he has been told he has to be patient regarding funds being made available.
But surely he knew that there was over £30 million worth of Debts to be paid left behind from his partner in crime Peter Ridsdale(Just a bit of Sarcasm ).
The Malaysians have already cleared £6 Million of Debt, are standing strong on Our Star players, unless we receive a mad bid.
They still now have a £30 million debt to clear, which is why This Forum Campaigned so much against The Riddler and Co as we knew behind scenes that these Debts were there and the longer he stayed the more they would rise.
There is a £3 Million debt which has to be cleared immediately and wages to be found from September onwards, The loan bid for Bellamy was sanctioned as there was no upfront fees, but Dave Jones does not have the war chest that he expected that he would of had.
Dave Jones, in my opinion should perform miracles when your wage including National insurance is over an incredible £900,000 a year, which includes some shares.
But rem he has got one of the BEST First eleven in this division in my opinion.
My personally view is there is no football leader at our club and I STRONGLY BELIEVE WE NEED ONE NOW.
Fri Jun 25, 2010 9:49 am
2blue2handle wrote:While I do agree we lack a leader on the pitch DJ did try to rectify this last season by bringing in 3 players who had all captains there clubs. Hudson his last 3 clubs and Quinn and Gerrard had been captains. Sadly none of them have stood up to the plate in that role.
Fri Jun 25, 2010 10:11 am
Fri Jun 25, 2010 11:55 am
BigGwynram wrote:I think eveyone accepts day to day running costs, some players will increase in value some decrease, some get injured and don't play or make it, same everywhere and all part of the game, but at the end of the day, if you leave a business with 24 million pounds debt yet there are 36 million pounds worth of players your aquired players there, it seems good business to me, that,s without looking at how much was spent on the improvements and the planning for the news stadium etc as stated earlier.
And as for pay off's to sacked managers, I can gaurantee you, all added up together it is still less thgan we had to pay Jimmy Floyd Hasselbank.
Fri Jun 25, 2010 12:00 pm
Fri Jun 25, 2010 12:28 pm
[/quote]Lawnmower wrote:ridsdale overspent on silly players ..he was rightly slagged off for that
sam did the same ....people just wont accept it !!
Keith
Fri Jun 25, 2010 12:31 pm
RICK+CCFC wrote:The Jimmy Floyd debacle still narks me to this day. PR should have been investigated there & then, he should have been busted out of our club two years ago!
Fri Jun 25, 2010 12:32 pm
Fri Jun 25, 2010 12:39 pm
Fri Jun 25, 2010 12:41 pm
Forever Blue wrote:Sorry Sludge,
The Riddler is part of our History and Good Riddance to him.
But Sam is Owed £10 Million and at some point it will have to be paid, he is Our Biggest Creditor whether you like it or not.
Fri Jun 25, 2010 12:43 pm
Forever Blue wrote:Sorry Sludge,
The Riddler is part of our History and Good Riddance to him.
But Sam is Owed £10 Million and at some point it will have to be paid, he is Our Biggest Creditor whether you like it or not.
Fri Jun 25, 2010 12:44 pm
RICK+CCFC wrote:It always puzzeled me why JFH was not given the option of playing a second season with us, even after his "gentlemans agreement" with PR. Could it be that PR had already sanctioned the Eddie Johnson season long loan even before pre season training commenced on the 1st July 2008?
Fri Jun 25, 2010 12:48 pm
Lawnmower wrote:Forever Blue wrote:Sorry Sludge,
The Riddler is part of our History and Good Riddance to him.
But Sam is Owed £10 Million and at some point it will have to be paid, he is Our Biggest Creditor whether you like it or not.
That is true. But thats it now.
Sooner its paid off the better.
Sam had the vision, but he blew it. I will look back at the early years he was here and say I really enjoyed them, but he nearly destroyed us, and lets not forget that HE was the man ho brought Ridsdale to the club in the first place.
sam did indeed have the vision ..but blew it
I enjoyed the early years but he should have put brake on things and told us as soon as we got to the championhsip that players needed to be sold
he was let down by the local business, he was let down by city " fans " who failed to pack out ninian park
but thats by the by
Right now I'm pleased with our owners and am intrigued as to what THEY plan to do rather than what ent on before - and yes, you are right 100% dealing with the debt owed to Sam is one of the major issues they face. I'll be suprised if they don't take a new loan out and cover Sam's money with that.
Question for all - ho would you feel if we sold Chopra, Whittingham and Matthews and se the money to pay Sam off ?
they wouldnt blame sam , it would all be ridsdales fault
when the truth is they both steered the ship into the minefields
I wouldnt like it as we'd weaken our squad, but I think I'd accept it to get the debt off our back once and for all.
Fri Jun 25, 2010 12:49 pm
Sludge wrote:RICK+CCFC wrote:It always puzzeled me why JFH was not given the option of playing a second season with us, even after his "gentlemans agreement" with PR. Could it be that PR had already sanctioned the Eddie Johnson season long loan even before pre season training commenced on the 1st July 2008?
I am glad he wasnt
he was a bust flush
useless in the cup final
money for old rope