Borley Engineering Services

That is the parent company owned by Steve Borley and it is very interesting when you compare their 2008 accounts with those of CCFC (Holdings).

For example for the year up to 31 March 2008 Borley paid himself only £92,000 as Chairman (Ridders gets £500k) for running a company which turned over £34m (CCCFC turned over £13m). BES made a porfit of £1m before tax (CCFC lost £2.9m) and has £5.5m in the bank with all tax's paid (well you know the CCFC story).

Further Borley has a 50% share in successful CMB subsiduary companies in Blackpool, Bristol and Neath which provided nearly £2m worth of business for his company in Cardiff in 2008, whilst CCFC have sold off anything of value including land and players.

Total wages for BES are £4m (11% of turnover) whilst CCFC's wages were almost 100% of turnover. Borley also invested £500,000 in CCFC whilst Ridders invested, well f**k all.

Whilst I accept that football and engineering are 2 completely different businesses it does seem a shame that Borley couldn't get more involved with the day to day running of the club and bring his obvious expertise to the table.

it's dependant on what your good i suppose at I worked for Steve for several years at CMB and engineering is his forte he can design and price the job on the back of a packet of fags in 5 mins, the problem is CMB engineering is Steves other passion alongside CCFC, its what made him, if he was to take the reigns at CCFC then CMB is likely to suffer. It's hard position to be in I guess..

Whilst I accept that football and engineering are 2 completely different businesses it does seem a shame that Borley couldn't get more involved with the day to day running of the club and bring his obvious expertise to the table.

You said it yourself, completely different businesses. Both companies and sectors are completely different, and you wouldn't easily be able to transfer knowledge from one to the other apart from general business skills

That is the parent company owned by Steve Borley and it is very interesting when you compare their 2008 accounts with those of CCFC (Holdings).

For example for the year up to 31 March 2008 Borley paid himself only £92,000 as Chairman (Ridders gets £500k) for running a company which turned over £34m (CCCFC turned over £13m). BES made a porfit of £1m before tax (CCFC lost £2.9m) and has £5.5m in the bank with all tax's paid (well you know the CCFC story).

Further Borley has a 50% share in successful CMB subsiduary companies in Blackpool, Bristol and Neath which provided nearly £2m worth of business for his company in Cardiff in 2008, whilst CCFC have sold off anything of value including land and players.

Total wages for BES are £4m (11% of turnover) whilst CCFC's wages were almost 100% of turnover. Borley also invested £500,000 in CCFC whilst Ridders invested, well f**k all.

Whilst I accept that football and engineering are 2 completely different businesses it does seem a shame that Borley couldn't get more involved with the day to day running of the club and bring his obvious expertise to the table.

That is quite a comparison and shows what a successful businessman Steve Borley is especially in such a competitive industry in time of recession, and then you look at Ridsdale. I'm sorry all I can do is smile. However I suspect Steve Borley will not be smiling and must be tearing his hair out at the way our club is being run, especially as he sits on the board and knows far more than us about day to day goings on. When you look at figures like the above it beggars belief that this man is allowed to chair such a company because in industry he would have been gone long ago. I suspect the reason he has not left long ago is that he has surrounded himself on the board with allies and will be difficult to shift as he has a lot to personally lose if he cant find an investor to purchase shares at his valuation. In my view he needs to be removed from our club pronto before he destroys us. As for finding a replacement phew, search me. However there must be a footballing person with good business skills out there willing to run our club successfully for a fraction of what it costs us at the moment. If the Malaysians are going to take over our club I am sure they have already been working very hard on finding the right man for the job.

All the money is going into Ridsdale's bin