Search found 925 matches

by Myles Francis
Mon Apr 08, 2019 2:30 pm
Forum: Raging On
Topic: You're winding me up!
Replies: 66
Views: 19480

Re: You're winding me up!

Speaking of embarrassing statements, try this article for a spot of 'factual inaccuracy bingo': http://stadiumdb.com/news/2019/04/england_oxford_united_threatened_with_closing_over_stadium_debt Jesus wept. It has the double whammy of being factual wrong and appearing to be translated badly from the...
by Myles Francis
Thu Apr 04, 2019 4:58 pm
Forum: Raging On
Topic: You're winding me up!
Replies: 66
Views: 19480

Re: You're winding me up!

That statement is simply embarrassing.
by Myles Francis
Thu Apr 04, 2019 2:12 pm
Forum: Raging On
Topic: WhyCom-plain
Replies: 13
Views: 2247

Re: WhyCom-plain

Well done, Nostradamus . Seeing as you've got the inside track on what's happening, what other joyous revelations should we be expecting? Believe it or not, I wasn’t aware that this WUP was imminent. I was, however, aware that the club has been late paying the rent and has also dicked about with th...
by Myles Francis
Wed Apr 03, 2019 12:35 pm
Forum: Raging On
Topic: WhyCom-plain
Replies: 13
Views: 2247

Re: WhyCom-plain

Old Abingdonian wrote:
Tue Apr 02, 2019 10:41 am
It seems that the club has taken a first step in not going out of its way to annoy Kassam.
If only that were the case....
by Myles Francis
Mon Apr 01, 2019 1:17 pm
Forum: Raging On
Topic: Tiger's Visit
Replies: 27
Views: 4110

Re: Tiger's Visit

I am struggling to see how the club managed to lose £2M with those player sales in 2018. There is the service charge dispute presumably in there, but that was only around 520K at June 2017. It is very worrying indeed. With the service charge dispute, that figure was purely the amount in dispute. Th...
by Myles Francis
Mon Apr 01, 2019 8:33 am
Forum: Raging On
Topic: Tiger's Visit
Replies: 27
Views: 4110

Re: Tiger's Visit

Thanks for that Terry. I wasn't sure how the equity injection was treated in the accounts, so that was really useful.

Can we ascertain from these accounts how much, if any, debt owed to DE was written off with the takeover?
by Myles Francis
Sat Mar 30, 2019 9:44 am
Forum: Raging On
Topic: Tiger's Visit
Replies: 27
Views: 4110

Re: Tiger's Visit

I've just heard from a member of staff at the club, that they haven't been paid today, as they were supposed to be. Apparently this has happened once before, when the last day of the month also fell on a weekend. On that occasion a manual payment was processsed and they were paid later in the day. ...
by Myles Francis
Sat Mar 30, 2019 9:41 am
Forum: Raging On
Topic: Tiger's Visit
Replies: 27
Views: 4110

Re: Tiger's Visit

I think Johnson and Lundstram were sold the year before, as both of those are mentioned in DE's charge over the club.
by Myles Francis
Fri Mar 29, 2019 6:49 pm
Forum: Raging On
Topic: Tiger's Visit
Replies: 27
Views: 4110

Re: Tiger's Visit

Perhaps also worrying is that in the year to June 2018 the club lost £2million, a year when Johnson and Lundstram were reportedly sold for some £3.5million (before sell-ons to their previous clubs). There is less detail in the accounts this year so it's hard to work out how we lost so much. Because...
by Myles Francis
Thu Feb 28, 2019 10:38 am
Forum: Raging On
Topic: You're winding me up!
Replies: 66
Views: 19480

Re: You're winding me up!

Isn’t the winding up order from Kassam due to be heard today? Yep. I believe that he was trying to piggyback on the last HMRC petition but, as that didn't reach the Gazette, that wasn't allowed. The question is whether Kassam knew this and it was just a public shot across the bows, or whether it wa...
by Myles Francis
Wed Feb 27, 2019 5:00 pm
Forum: Raging On
Topic: You're winding me up!
Replies: 66
Views: 19480

Re: You're winding me up!

Isn’t the winding up order from Kassam due to be heard today? Yep. I believe that he was trying to piggyback on the last HMRC petition but, as that didn't reach the Gazette, that wasn't allowed. The question is whether Kassam knew this and it was just a public shot across the bows, or whether it wa...
by Myles Francis
Tue Feb 26, 2019 5:08 pm
Forum: Raging On
Topic: Blackpool
Replies: 3
Views: 2145

Re: Blackpool

Incidentally, still no news about whether Blackpool will get the usual 12 point deduction for administration. I wouldn't be surprised if they don't as, technically, they aren't in administration. The court have appointed a receiver to oversee the settlement of the debt owed to Valery Belokon. It's ...
by Myles Francis
Fri Feb 22, 2019 1:51 pm
Forum: Raging On
Topic: Which would you choose?
Replies: 37
Views: 9026

Re: Which would you choose?

https://www.oxfordmail.co.uk/sport/oxfordunited/usnews/17450787.year-of-the-tiger-owner-is-fully-committed-to-oxford-united-says-karl-robinson/ Robinson on Tiger “It’s amazing, we’re talking about new grounds, building stadiums, new land opportunities and changing the mentality. " My favourite line...
by Myles Francis
Wed Feb 20, 2019 2:31 pm
Forum: Raging On
Topic: Which would you choose?
Replies: 37
Views: 9026

Re: Which would you choose?

Unfortunately, it does not recognise the practical realities of the cost and infrastructure required to own and run a stadium. And this is why I think the KasStad is a dead duck in terms or providing a sustainable future for OUFC. If someone somehow managed to take control of the stadium, it simply...
by Myles Francis
Wed Feb 20, 2019 1:24 pm
Forum: Raging On
Topic: Which would you choose?
Replies: 37
Views: 9026

Re: Which would you choose?

With respect, Myles, I think that's an argument against reckless unsustainable borrowing rather than owning our own ground! Fair point. I'm just conscious that many clubs who have got into financial difficulty are those who own their own ground as having that asset to draw on allows transient chair...