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Post by CCU on May 19, 2015 22:07:11 GMT
Think you need to remember, this alleged 'new bid' have done nothing wrong so far. They've seen we're obviously on the market, and made the plunge. Maybe they were waiting for all the ticks to be in the boxes, money in place etc.
It's the Club's handling that's to be shot down. As previously stated, this new bid could be mindblowing. We just don't know yet...
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Deleted
Deleted Member
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Post by Deleted on May 19, 2015 22:09:23 GMT
Surely if a better offer has come in from another potential investor, the club has to listen to it. We don't know how long this offer has been on the table either. Maybe they have waited until we are safe in the league before making a move. All I can think is that this can't be a bad thing, how can having more than one party interested in getting the club be a bad thing ? I think due to Lapping coming on here and winning the fans over he is painted as a knight in shining armour coming in to save the club, if that is true, why doesn't he wait the 3 weeks, if the club decides to say no thanks Andrew then he walks away, if not he invests and takes over. But in reality he isn't going to happy of another investor has come in and stolen his prize, the same as if he was investing in any other company. 1. It makes the club look terrible. Lapping has been working on this for nine months. At no time has there been any mention of other investors. Nothing about welcoming other bids. They have been telling Laffy they are happy to work with him and have built that trust. Then at the last minute - 'oh by the way, we've had another offer, known about it for a few weeks, but didn't think it was worth letting you know'. Terrible way to conduct business from so called men of integrity. If they were open to other offers they should have made that clear from the start of the process and Laffy may have included an exclusivity clause. This obviously hasn't happened. 2. They have provided no information about this new bid whatsoever. Lappings offer was concrete and was going to go through early July. We have potentially thrown that away to look at an offer that we know literally nothing about. Who are they? Where are they from? Connection to football? Amounts to be invested? etc.etc. We know nothing. I have my doubts any such offer even exists let alone is a serious competitor to Laffys bid. 3. Not involving the Trust who own 25%, have a board member and have a VETO over any new owner, shows the contempt Nixon/Jenkins have for them and displays a shocking lack of intelligence. If the trust veto a new investor and Laffy has walked away, we are left with nothing. 4. Sitting in front of an new MD and Marketing bloke telling them they have the job, when you know that in 48 hours time its all going to be cancelled is a shocking way to treat potential employees. What are these people expect to do for the next month? Sit around and wait in limbo? Good candidates may just walk. Again, makes us look terrible. 5. Any new investment is not going to happen before the start of the season. This time next year is more likely. So another year of turmoil. Another year of terrible ownership and bad decisions. The point is - its not that there is a rival bid, i think all of us would be happy to have options in regards to potential new owners. The problem is the shocking way in which the board have handled it. Last minute, no openness, no honesty, no integrity, duplicity all round.
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Post by sheffoblue on May 19, 2015 22:12:08 GMT
Top post, blues86.
Leaving Nixon aside for obvious reasons, is there any room for private discussions or pressure to be applied by Lapping/the Consortium to Jenkins directly I wonder? If he is the largest financial stakeholder at present, could he be convinced that it would be too risky to him personally (both financially if the club were to later become insolvent and personally in terms of future seasons' grief/hassle) if the "new offer" fails to materialise in however months time?
Perhaps not, but surely worth a try?
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stb
Ball Boy
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Post by stb on May 19, 2015 22:23:23 GMT
So the BoD believe they are acting in best interests of club to give this new offer consideration? What strikes me is that if this new bid had genuine best interests of club at heart then why couldn't they contact AL consortium and invest in that?? There's plenty of shares and investment available through them.
So you have to then question their motives. Immediate thoughts move to ground sale/development project, as we're clearly not an attractive investment on football alone.
Or the real cynic in me thinks this is all just smoke and mirrors whilst the BoD desperately cling onto what was never rightfully theirs.
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Post by huddersfieldcock on May 19, 2015 22:55:09 GMT
In the past I've always stuck up for the 'custodians' and felt they were doing the best they could in difficult climate. It was obvious once lapping came forward with his proposals that it was a win win situation and all the right things were being said from both parties and also the trust. It looked like exciting times were ahead. But this latest story has made me realise I was so wrong and that they have never welcomed the proposals privately but have had to try and fool us that they did as it was made public and they couldn't defuse the situation. There is an agenda here that reeks of underhand dealings of self preservation and it's very sickening to me. We are going back to where we were before lapping came along but it will be much much worse as I can't see the fans coming back and I feel a lot will leave until these custodians are gone. I just hope there is still the remnants of a club after these people have got what they want out of it. Things have been moving along nicely and now this! The treatment of lapping is atrocious and thus shows these people to be very contemptible and untrustworthy. When this fiasco is over and the club is stagnating once again who can trust these people. As a true Carlisle United fan I am sickened by this and embarrassed.
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Post by seesaw50 on May 19, 2015 22:57:15 GMT
ditto hudders
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Post by tonyhemmings on May 19, 2015 22:57:14 GMT
this news spoiled my viewing of the Eurovision semi final. I think it will be the Maltese group that he mentioned at the awards dinner. He obviously couldn't help himself by giving a clue about what was going to happen. Now I'm not a reactionary ( I was one of the few that went in to the match v Plymouth when the knighton out protest was occurring) but this is just not on. You cant lead a chap on for the best part of the year then stab him in the back. Et tu, Nixon?
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Post by crunchblue on May 19, 2015 23:15:55 GMT
this news spoiled my viewing of the Eurovision semi final. I think it will be the Maltese group that he mentioned at the awards dinner. He obviously couldn't help himself by giving a clue about what was going to happen. Now I'm not a reactionary ( I was one of the few that went in to the match v Plymouth when the knighton out protest was occurring) but this is just not on. You cant lead a chap on for the best part of the year then stab him in the back. Et tu, Nixon? What? The Malta lot that insist we have to always have Maltese players in our team? We'll be even more of a laughing stock than we are now. Unless it's part of the plan for Nixon and co to stay, so when the trust Veto's the Malta takeover Nixon can turn around and say well don't blame me, I got the investment lined up it was the trust that knocked it back
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Post by tonyhemmings on May 19, 2015 23:23:19 GMT
I fear you are right crunchblue my dear boy
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khg
Youth Team Player
Posts: 449
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Post by khg on May 19, 2015 23:31:49 GMT
in any walk of life I think it's important to treat people with respect As do most decent people.... sadly that description doesn't apply to the stupid, out of touch old clowns "running" our club.....
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Post by daviejones on May 19, 2015 23:33:27 GMT
Just listened to the BBCRC forum having been out since 6... what an absolute f*cking disaster this could be. Honestly, could the owners have handled this any worse? What happens if both Lapping and these other 'investors' now decide to pull out. A season of 2,000 attendances, a tiny squad and relegation? The only thing we've got going for us is that Lapping is a massive CUFC fan and hopefully persists until the deal goes through, but either way we're losing valuable time in the transfer market which could in itself cause another relegation for us.
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Post by daviejones on May 19, 2015 23:39:36 GMT
I wonder when we can expect to hear anything more out of the club with regards to the new investors? Surely they can't keep quiet for longer than a few days while the fans lose more and more faith.
I hate our owners, I f*cking hate them.
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mrquint
Youth Team Player
I'm talking about Sharking Mr Nixon!
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Post by mrquint on May 19, 2015 23:55:11 GMT
Typical!!!! So like our current board, lets blow out the water a sensible plan and lets **** up pre-season. I want my season ticket money back- Call me paranoid but this is as dodgey as ****! I don't trust the nuggets on the board of directors.
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Post by markovitch on May 19, 2015 23:58:07 GMT
Unless the Directors think the new offer is frivolous they are bound by law to consider it, if they don't act in the interests of the shareholders they can be liable to law suits.
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cayambe
Reserves Squad
There are fans in Chile
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Post by cayambe on May 20, 2015 0:09:50 GMT
Unless the Directors think the new offer is frivolous they are bound by law to consider it, if they don't act in the interests of the shareholders they can be liable to law suits. so they don't consult or tell the second major share holder?!?
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Post by shinjo on May 20, 2015 0:37:16 GMT
personally I'm not surprised.
I think we all know by now Nixon is only interested in keeping his F.A connections. Pattinsons business is in alleged decline and has nothing else. Jenkins has again run the club to its knees like the time he then passed it on to Knighton.
Lapping has failed to show his money and has been making promises that he had no right to. He has no right to appoint staff before any legal paperwork is signed. He also shouldn't have been writing on this board in all honesty as it was only ever going to comeback to haunt him.
Very poor all round. Their are local businessmen all around the county who make bigger financial deals than this every week and are carried out in a much more professional way than this.
It has however made this board more interesting to read of late.
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Post by markovitch on May 20, 2015 2:05:13 GMT
Unless the Directors think the new offer is frivolous they are bound by law to consider it, if they don't act in the interests of the shareholders they can be liable to law suits. so they don't consult or tell the second major share holder?!? The shareholders do know, they released a statement. They are allowed some time to look at the offer. All they have done is to ask Lapping to wait 2 or 3 weeks, nothing more
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Post by blightyblue on May 20, 2015 3:01:31 GMT
personally I'm not surprised. I think we all know by now Nixon is only interested in keeping his F.A connections. Pattinsons business is in alleged decline and has nothing else. Jenkins has again run the club to its knees like the time he then passed it on to Knighton. Lapping has failed to show his money and has been making promises that he had no right to. He has no right to appoint staff before any legal paperwork is signed. He also shouldn't have been writing on this board in all honesty as it was only ever going to comeback to haunt him. Very poor all round. Their are local businessmen all around the county who make bigger financial deals than this every week and are carried out in a much more professional way than this. It has however made this board more interesting to read of late. Couldn't disagree more regarding Mr Lapping, I for one was sceptical of the motives of a new takeover but over time he won me over on his motives - now I see it as a sensible approach to a sustainable football club with welcomed approach for additional investment. I hope you succeed in getting the running of the club, and like others am prepared to protest if this new sham is a fruitless facade.
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Post by deckchairblue on May 20, 2015 4:32:11 GMT
Just listened to the BBCRC forum having been out since 6... what an absolute f*cking disaster this could be. Honestly, could the owners have handled this any worse? What happens if both Lapping and these other 'investors' now decide to pull out. A season of 2,000 attendances, a tiny squad and relegation? The only thing we've got going for us is that Lapping is a massive CUFC fan and hopefully persists until the deal goes through, but either way we're losing valuable time in the transfer market which could in itself cause another relegation for us. Why will this have any bearing on the size of squad we have or quality of player we sign ? Lapping said many times that non of the money he was putting in would go on player recruitment, so the playing budget won't have been affected.
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stb
Ball Boy
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Post by stb on May 20, 2015 7:37:13 GMT
Just listened to the BBCRC forum having been out since 6... what an absolute f*cking disaster this could be. Honestly, could the owners have handled this any worse? What happens if both Lapping and these other 'investors' now decide to pull out. A season of 2,000 attendances, a tiny squad and relegation? The only thing we've got going for us is that Lapping is a massive CUFC fan and hopefully persists until the deal goes through, but either way we're losing valuable time in the transfer market which could in itself cause another relegation for us. This was always a labour of love for Lapping - a successful businessman rarely wastes time on endeavours of this nature. Fear is he'll not have the tenacity to go again for this very reason. And you can just guarantee that the new offer will be from the type of consortium CCUIST were setup to stop getting control of the club, so it'll come to **** all. Hope I'm wrong. Know I won't be.
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Post by chesterviabothel on May 20, 2015 8:02:02 GMT
Unless the Directors think the new offer is frivolous they are bound by law to consider it, if they don't act in the interests of the shareholders they can be liable to law suits. This may be true, I'll take your word for it as I don't know. But for JN to call AL and ask, "Are you sitting down?" Then read out the prepared club statement to him an hour or so before it goes live on the website is laughable. If they have to consider this second offer then surely the thing to do would be to call AL in for a meeting sit down and talk to him face to face and say that they need to consider this fully and that they want to keep him abreast of the situation and that it may mean a delay in finalising anything with AL and his investors... I'm pretty sure AL would understand this bearing in mind what he does for a living. It's the way that JN and AJ have gone about this that stinks and draws suspicion.
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Post by chesterviabothel on May 20, 2015 8:05:05 GMT
so they don't consult or tell the second major share holder?!? The shareholders do know, they released a statement. They are allowed some time to look at the offer. All they have done is to ask Lapping to wait 2 or 3 weeks, nothing more The Trust Chairman... a member of the board the represents a quarter of the shareholding knew nothing of it until an hour or so before it went on the website. It doesn't sound like JN and AJ had an email at 4.30pm yesterday... they've quite obviously been in discussions with this third party for at least a number of days, but as the Trust are obviously and vocally behind AL's proposal it wasn't in the interest of JN and AJ to share this information.
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Post by chesterviabothel on May 20, 2015 8:08:20 GMT
Just listened to the BBCRC forum having been out since 6... what an absolute f*cking disaster this could be. Honestly, could the owners have handled this any worse? What happens if both Lapping and these other 'investors' now decide to pull out. A season of 2,000 attendances, a tiny squad and relegation? The only thing we've got going for us is that Lapping is a massive CUFC fan and hopefully persists until the deal goes through, but either way we're losing valuable time in the transfer market which could in itself cause another relegation for us. Why will this have any bearing on the size of squad we have or quality of player we sign ? Lapping said many times that non of the money he was putting in would go on player recruitment, so the playing budget won't have been affected. If you were a player that had two offers on the table, and one was from a club with a stable board room and one from one that is going through a messy sale where the future of the manager and club is at best uncertain... which would you choose? This may affect our recruitment, not directly in a budgetary fashion I agree, but it may affect whether players decide to join us or not.
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Post by Bluestblue on May 20, 2015 8:18:10 GMT
It's quite right that the BoD must consider it, they have a legal duty to do so, but two main points arise here
1. What exactly is "it"? Is it a firm offer, is it an enquiry, is it an obviously better deal for the club than the Lapping deal? (emphasis on FOR THE CLUB here)
2. As is documented elswehere, the way JN and AJ have handled this is so appalling on so many levels, they have been underhand, secretive and staggeringly disrspectful to AL and a major shareholder (The Trust)
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Post by dancingbear on May 20, 2015 8:21:58 GMT
Theres some F***ing geniuses on this board isnt there. Shinjo how do you know the problem is Lappings consortium havent shown their money? Markovich do you really think Nixon has done the right thing by not telling the trust who own 25.4% of the holding company or whatever it is and then reading Lapping a prepared statement over the phone?. This might be a brilliant offer we dont know yet but to suggest its Lappings fault or that Nixon has acted correctly is completely mind boggling. Wonder what the potential new MD and commercial manager are thinking this morning?
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Post by crunchblue on May 20, 2015 8:27:52 GMT
It does stink and draw suspicion.
The little dig at Lapping in the Pattison statement. We should have known then that they'd sabotage the deal somehow.
They don't have the best interest of the club at heart. It's personal against Lapping, hence the disrespectful way they broke the news to him.
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Post by borderterrier on May 20, 2015 8:36:36 GMT
One thing to remember is that because of the season ticket money they are financially strong all be it only for a month or so than they have been for months. Add to that they may have offers for POTTS and DEMPSEY to fall back on too. The Jenkins statement re Pattison was certainly a dig at Lapping. Also it's clear now that unless this new proposal goes ahead that the Lapping deal would have to be amended to exclude the current BoD, something I don't think they would except so it's dead in the water. I'm really looking forward to the club explaining this. There is no doubt it will be dynamite. It remains to be seen who's hand it blows up in!
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Post by blueofbuckshaw on May 20, 2015 8:46:15 GMT
The existence of another bidder, although dubious, is possible and should obviously be considered. The issue for me as it seems with many others is the way they have gone about this. It seems very similar to he way the ECB have dealt with the Kevin Pietersen situation. They have tried to get out of what is seen by many as a popular decision that they don't want to happen, without looking like they have sabotaged it "We will give the F****r a stack of hoops to jump through (raise funds, get trust agreement etc) which he will fail to do and we will come away being able to give it the big told you so" Was the investment so close to coming to fruition, and their cushy little posts under threat that they have now had to throw this spanner into the works, if Lapping waits another 3 weeks ("Don't worry AJ this'll finish the c*** off) and nothing comes of this mysterious bidder and he IS prepared to wait, will there be another obstacle? Perhaps Nixon is hedging his bets if his FA gravy train hits the buffers, he has become Colin Graves first choice for a seat at Crickets dodgy top table with tactics like this.
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Post by thesilentone on May 20, 2015 8:52:27 GMT
It does stink and draw suspicion. The little dig at Lapping in the Pattison statement. We should have known then that they'd sabotage the deal somehow. They don't have the best interest of the club at heart. It's personal against Lapping, hence the disrespectful way they broke the news to him. Couldn't agree more, Jenkins was/is the only one with any clout, that statement was a ' stop pushing ' warning. It appears clear AL's deal as it is, is now dead in the water, if not, why would they treat him this way. There are two ways to do business at this level, the legally advised way, which at times is Bollocks (ask Thomas Cook) or the gentlemanly, ethical way. If AL was doing this for business as opposed to personal reasons, it's now gloves off time, let the fun begin. However, the Dinosaurs have had it there own way for so long (Especially AJ) and it appears they do not like a young dog teaching them new tricks. Will AL fight for his plans, who knows. As a businessman I would suggest he'll sit back and wait. What has come out of this (sadly) is we appear to have a dis-functional board who do not talk to each other (given NS knew nothing and SP has resigned). In a constitution there is a need for quorum to make important decisions, how is that structured. AJ is the one who will come out this smelling of do do......... SP is history (the fans would never accept him again)
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Post by borderterrier on May 20, 2015 8:56:30 GMT
I've said elsewhere this story is dynamite, it just remains to be seen who's hand it goes off in.
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