Wilder on the boardroom struggle

[Bladezz]

What's "pedantic" about analysing the numbers.

I would say that accuracy in that respect is pretty important.

You can't just pick the numbers you like in order to get a full picture.

We are competing on a similar level to Barnsley. Who have spent more money than us in transfer fees. We have had more incoming that Barnsley also. Our income is higher and our costs are higher.

We are competing with Barnsley. Which in essence is enough for it to be an issue.

 

[Jim Chimmerney]

It may be worth £100m in extra revenue but by the time you've taken off the extra expenses there's not likely to be much left.

I don't get all this talk of the Premiership being a cash cow for the owners unless they're going to keep the same team on the same money, stay there for one season, and then walk away with all the extra cash in their pockets.

Not many Premier league teams make substantial profits because they spend all the extra revenue trying to stay there.

Unless you play in tangerine

 

[metalblade]

Fuck me Metal have a word with yourself pal . The Prince doesn't want the Academy because we sell every bit of talent that comes out of there ? If he owned it the Academy what do whatever the fuck he wanted it to do . Until we are in the premiership there is no benefit in an academy whether for the Prince or McCabe, same goes for the white elephant on the corner of the car park and obscure health clubs and business centres.

As for McCabe wanting back every penny he's put in over the years, well what if he does ? Bet he won't get it.

None of us know what KM is asking for but let's assume that he is asking for every penny back . Is he wrong to do that ? He's used his money to buy tangible assets for the club in the form of the Academy etc , why shouldn't he ask for his money back if he's selling them ? Furthermore is he wrong to ask anyone who wants to buy the Club that they buy all of it ? What is the point in breaking the club apart and selling it off piece by piece ? If McCabe was the money grabbing cunt that you and others make him out to be surely he'd be more fully recompensed by selling various parts of the club off to different prospective buyers ? Seeing as these so called assets are separate from the club and owned solely by McCabe maybe that is the plan who knows. You never know we could end up going like Rotherham or Coventry who will buy the club if McCabe will not sell the stadium.

McCabe is right to sell the Club as a single entity and he's right to slap a hefty price tag on the lot . Yes he'll get some ( though not all ) of his total losses back . Whilst secondly he'll sort the bullshitting phoney prospective investors out by ensuring that they not only ( a ) have the necessary capital to buy the whole club and ( b ) they have enough to buy us out AND invest in our future . Maybe he is plain and simple asking for too much.

HRH not wanting to buy the whole of the Club tells me one thing and one thing only ...... he can't afford to .

Or that McCabe does not want to sell the assets or is asking too much for them

 

[Fanny magnet]

The financial relationship of the two co-owners started with the shrewd move of waiting until just after the transfer window shut to announce to the rest of us a deal they had agreed months previously

Hardly surprising things have turned out this way in retrospect

 

[Sean Thornton]

Or that McCabe does not want to sell the assets or is asking too much for them

He doesn't get much money back if he doesn't sell the assets. They will be independently valued. The Prince may not want to pay the actual valuation. Have you thought about that?

 

[Sean Thornton]

The financial relationship of the two co-owners started with the shrewd move of waiting until just after the transfer window shut to announce to the rest of us a deal they had agreed months previously

Hardly surprising things have turned out this way in retrospect

That "shrewd move" has cost them £27m in cold hard cash for no return whatsoever.

 

[Fanny magnet]

That "shrewd move" has cost them £27m in cold hard cash for no return whatsoever.

I don't think waiting till the transfer window shut has cost them £27m ,unless you mean putting in a few million might have saved them some money in the long run
Otherwise I don't get your point

 

[Sean Thornton]

I don't think waiting till the transfer window shut has cost them £27m ,unless you mean putting in a few million might have saved them some money in the long run
Otherwise I don't get your point

That they haven't made any shrewd moves apart from appointing Wilder. Far from it.

I have no idea of the timeline but don't doubt they'd shaken hands on the deal before the transfer window closed. Imagine what Weir would have done with another £3m say......

 

[Fanny magnet]

That they haven't made any shrewd moves apart from appointing Wilder. Far from it.

I have no idea of the timeline but don't doubt they'd shaken hands on the deal before the transfer window closed. Imagine what Weir would have done with another £3m say......

What if he'd kept MacDonald brought in a couple of good players and got us up ?
Unlikely I know but wouldn't you be mildly optimistic of doing more than making losses each year if you'd just bought into a football club

 

[Sean Thornton]

What if he'd kept MacDonald brought in a couple of good players and got us up ?
Unlikely I know but wouldn't you be mildly optimistic of doing more than making losses each year if you'd just bought into a football club

MacDonald was a greedy mercenary bastard who we let hold us to ransom. He wanted to leave and did so before the Prince came on board in September.

We got promoted last year and still lost millions.

 

[coolhandluke]

Or that McCabe does not want to sell the assets or is asking too much for them

The Academy is only of any use or value if we are in the Premier League ? Why ? Can good Academy graduates only play for us if we are in the Premier League ? Or are you suggesting that there's no point in having one unless we are in the PL as we'll only sell the best prospects if we aren't there anyway ?

Well let's look at at the worst case scenario . We aren't in the PL and all the Academy prospects are sold just to keep the Academy ticking over and paying it's way . Well why get rid of it ? It's not a drain on resources and it saves having to shell out even more to set one up when/If we are promoted to the PL when, presumably we will need one, why get rid of it ? All of this of course ignores the fact that the Academy more than pays it's way, provides first class training facilities for the first team and cements our rightful place throughout our local footballing community .

As for McCabe getting every penny he's invested back via a sale, I don't think he'll get it all back either, but it's you that claims that's exactly what he's trying to do .

McCabe view in all of this is pretty clear and has been widely reported . If the Prince, or anyone else for that matter, wants to buy him out they need to buy the lot ...... The team the ground the Academy the hotel ...... everything . Why is his insistence upon this so patently wrong ? Seriously ? KM wants out . He wants a serious investor in . Any potential investor needs to take the entire portfolio on . If the investor is serious they need serious cash to buy KM out as not only will KM not give complete ownership away he'll also insist that they have the capital to move the club forward both on and off the pitch .

I'll put it another way . If KM sold the club for a pittance I'd be far more concerned than I am now . Furthermore if he sold the football team and ground for a pittance and sold all the other constituent parts privately I'd be accusing him of asset stripping as that's exactly what he'd be doing . Thank fuck he isn't doing that eh !

 

[Maidenhead]

We are competing on a similar level to Barnsley. Who have spent more money than us in transfer fees. We have had more incoming that Barnsley also. Our income is higher and our costs are higher.

We are competing with Barnsley. Which in essence is enough for it to be an issue.

I'll bet they've spent less on wages though.

If they want to spend in transfer fees that's up to them but you're comparing apples with oranges here.

 

[Fanny magnet]

MacDonald was a greedy mercenary bastard who we let hold us to ransom. He wanted to leave and did so before the Prince came on board in September.

We got promoted last year and still lost millions.

All fair points but my original point was that if they started out as co-owners by being misleading to us then its hardly surprisng thst their relationship with each other has unraveled the way it seems to have

 

[Sean Thornton]

All fair points but my original point was that if they started out as co-owners by being misleading to us then its hardly surprisng thst their relationship with each other has unraveled the way it seems to have

Right. Sorry took it as more of a financial point. I'm sure why it's unraveled will be explained later - two versions no doubt - but rather than concentrate on "Think Liverpool" and GCI at the outset, the claims that they had effectively invested more because they hadn't taken anything out ( nothing to take out because they'd invested in shares and a negative balance sheet from a dividends point of view precluded that) and "further investment upon promotion" were both from the same side of the battle.

 

[Hillsboro Blade]

I’m just finding the whole situation sad and so so frustrating. We have the best manager of a generation in charge. The fans are united once again. What the fuck is it with boards at United? Never a clear plan, direction and information forthcoming. I applaud Wilder for giving the ultimatum. Consecutive boards have fucked about for god knows how many years. For fucks sake sort it out and quick because I don’t want another six years or more of decline from the like we’ve just recovered from. This time it could take even longer to recover because some of the fans this time would finally say enough is enough and vote with their feet. It’s such a shame because the potential is there.

 

[Snowman]

That they haven't made any shrewd moves apart from appointing Wilder. Far from it.

I have no idea of the timeline but don't doubt they'd shaken hands on the deal before the transfer window closed. Imagine what Weir would have done with another £3m say......

NNIGHTMMMMMAAAAARRE

 

[Worksop II]

Imagine what Weir would have done with another £3m say......

Maybe we'ed be flying to Roma this week instead of ....... wait for it ........................ I said wait for it ....

Liverpool

 

[Bert]

Hopefully this will throw some light on things

 

[ShockingBadBuy]

Hopefully this will throw some light on things View attachment 38982

Oh ffs, it’s worse than any of us thought !

 

[GRUMPY BLADE]

Oh ffs, it’s worse than any of us thought !

Aye, HRH is pissed up.

 

[Sean Thornton]

Aye, HRH is pissed up.

Been out with Tufty this afternoon. Maggie Mays and Peroni.

 

[Patrick Suffaux]

If you look back a bit further our bad run started in late November. By my count it’s 7 wins from 27 games. Had we not started so well, we could well have been relegated.

The 7 wins were quite evenly spread out which masked just how bad our form has been since then.

 

[Booker4]

Not read every page but a fair bit of them and listened to Wilder's interview from yesterday. What I want to know is where does that leave Wilder in the short term in terms of transfer budget? Does he know his budget yet? Does he even have a budget? Is he in limbo until the club's boardroom battle is sorted? Can he sign players right now? Is there promises of a bigger budget when the takeover is sorted and therefore if he signs players now then it might be that we could have signed better in a few weeks or whenever this is sorted? These are the sort of questions I want answering in the short term.

Hopefully we'll know a bit more from Wilder's interview before the Bristol game. The fact that the season is now over will at least gives us more potential insight into the above, as opposed to the standard questions that would be asked if we still had a chance of the play offs.

 

[metalblade]

I'm not disagreeing with anything Wilder said in the interview I am just puzzled why he has had to go public with his thoughts. Couldn't he have just said the same to the owners behind closed doors in private ? Will his mate be the next one to start mouthing off? The owners may well already be pissed off that CW's mate forced them to go public on the buyout. Has Wilder's relationship with the owners already become so strained they no longer speak to each other much? The boardroom fighting is damaging the club but has Wilder just thrown a gallon of 4* onto the fire.

 

[Fanny magnet]

Not read every page but a fair bit of them and listened to Wilder's interview from yesterday. What I want to know is where does that leave Wilder in the short term in terms of transfer budget? Does he know his budget yet? Does he even have a budget? Is he in limbo until the club's boardroom battle is sorted? Can he sign players right now? Is there promises of a bigger budget when the takeover is sorted and therefore if he signs players now then it might be that we could have signed better in a few weeks or whenever this is sorted? These are the sort of questions I want answering in the short term.

Hopefully we'll know a bit more from Wilder's interview before the Bristol game. The fact that the season is now over will at least gives us more potential insight into the above, as opposed to the standard questions that would be asked if we still had a chance of the play offs.

Why would there be a bigger budget ?

 

[Sean Thornton]

Not read every page but a fair bit of them and listened to Wilder's interview from yesterday. What I want to know is where does that leave Wilder in the short term in terms of transfer budget? Does he know his budget yet? Does he even have a budget? Is he in limbo until the club's boardroom battle is sorted? Can he sign players right now? Is there promises of a bigger budget when the takeover is sorted and therefore if he signs players now then it might be that we could have signed better in a few weeks or whenever this is sorted? These are the sort of questions I want answering in the short term.

Hopefully we'll know a bit more from Wilder's interview before the Bristol game. The fact that the season is now over will at least gives us more potential insight into the above, as opposed to the standard questions that would be asked if we still had a chance of the play offs.

Why has no one ever asked these questions before?

 

[Nelson1889]

Everyone knows the transfer budget for next season...bugger all. Just as it has been for the last 30+ seasons and will be forever more. We're competing in a league where teams can spend £10m plus on one player and we will never be able to spend that amount as much as we'd all like to.

That is the reality. We are swimming against the tide until we either find an oil reserve below the cherry street car park or get promoted on a shoe string budget.

Wilder as a fan must know we've never been blessed with money so not having a competitive budget is surely not a surprise to him now.

 

[Isaw Joeshaw]

Hopefully this will throw some light on things View attachment 38982

Why didn't he tell us that before, instead of leaving us all in the dark ?

 

[Booker4]

Why would there be a bigger budget ?

If the Prince takes over its possible. I'm just speculating because that is all you can do. There might be a bigger budget if McCabe wins out too as he might feel he wants to back Wilder more, with him in sole charge and they seem to have a decent relationship. McCabe might have other backing if he is able to ride this out.

I'm totally guessing but what I am saying is that the current budget might be low because of the uncertainty - who would want to spend millions when they may well be out within weeks/months - whereas when the ownership situation is sorted its possible they might be a bigger budget because whoever is in charge has no interference from the other and is in control. The next owner may well want to prove that the want to prove a point that they are the right person to be chairman and back Wilder more than he has before.

Why has no one ever asked these questions before?

I'm going to take this question literally as opposed to you being sarcastic and say I don't know the answers to the questions I asked hence I asked them. They are very obvious but crucial questions but I don't know the answers too. All we do know is that we're in limbo but what plans we currently have for next season, if any, is what I am asking, because the ownership situation might not be sorted for months yet, who knows.

We all know we need it sorting but where does this leave Wilder in the meantime re transfer plans, other than pissed off and insecure.

 

[Sean Thornton]

If the Prince takes over its possible. I'm just speculating because that is all you can do. There might be a bigger budget if McCabe wins out too as he might feel he wants to back Wilder more, with him in sole charge and they seem to have a decent relationship.



I'm going to take this question literally as opposed to you being sarcastic and say I don't know the answers to the questions I asked hence I asked them. They are very obvious but crucial questions but I don't know the answers too. All we do know is that we're in limbo but what plans we currently have for next season, if any, is what I am asking, because the ownership situation might not be sorted for months yet, who knows.

We all know we need it sorting but where does this leave Wilder in the meantime re transfer plans, other than pissed off and insecure.

But no one has the answers. That's the point. No ones even claimed to be itk.