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Post by iamagull on Jan 26, 2018 23:08:47 GMT
So the board/ fans of Chester City have bankrupt the club.
Why?
We overspent on the playing budget, we thought football was a easy business to run, spend spend on players and we will be brilliant.. hmmmm
All of our volunteers from 7 years ago when we started, have now stopped volunteering.
Over 60% of our original fans trust investors have stopped they can't keep up the payments every month or are now bored and left.
Tust are you thinking 7 years ahead???
Be careful what you wish for is indeed today's modern football statement.
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rjdgull
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Post by rjdgull on Jan 27, 2018 10:12:47 GMT
I think the TUST is an option of last resort so is generally better than the alternative . Without a doubt a football club is an exceedingly complex operation to run with no guarantee of success but obviously there is another example just up the road at Exeter...
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Jon
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Post by Jon on Jan 27, 2018 15:39:12 GMT
So the board/ fans of Chester City have bankrupt the club. You are very much behind the times iamagull. Chester City FC was wound up back in 2010 after having fallen into the hands of a malevolent owner. The club no longer exists. Blame the board but not the fans. Fortunately for football fans in Chester, the council kept hold of the freehold of the Deva Stadium. The Supporters' Trust, with strong backing from Supporters' Direct - an organisation of which Alpine Joe on here is always quick to stress the importance - was able to form a new club Chester FC playing at the Deva Stadium. Remarkably, the new club won three straight promotions to reach the National League in 2013 - just three years after formation! Chester FC has had a terrible season. They allowed manager Jon McCarthy to assemble his squad but then sacked him just eight games into the season. They were then managerless and rudderless for three games. How daft was that? Proof that any form of ownership does not stand in the way of poor decision making. At least there is a mechanism at Chester for moving on CEOs who make daft decisions. This has caused financial stress and the board has now made the wider fan base aware of the financial problems. We shall see how the fans respond. I would rather be in Chester's position than privately-owned Hartlepool's.
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Deleted
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Post by Deleted on Jan 27, 2018 17:37:00 GMT
Jon I certainly do, and can't over stress the importance of fans opening their eyes to the Hard Left stronghold that is Supporters Direct HQ. The Trust officialdom at local level is of little or no importance at non Trust owned clubs in particular. As another thread has recently highlighted, the local board of Hartlepool Supporters Trust were even clueless as to their own constitution. Whenever the serious stuff starts the locals step aside and the London Corbynites come in to do the negotiating. These are the serious Reds with the hard Left agenda. Don't take my word for it, just look back to how Jon himself describes them on this very Forum: 'I'd imagine the "not a supporters' club" stuff is from the politburo at Supporters' Direct'.
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Deleted
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Post by Deleted on Jan 29, 2018 17:35:06 GMT
You have to feel sorry for the Chester fans, even the Trust members, and I hope the club survives. As Jon says: 'the board has now made the wider fan base aware of the financial problems'. Trust members, frequently reminded that they were the club's 'owners' seem astounded and angry that they were kept in the dark about things, and the first they learned was when the Trust bigwigs revealed that things are so dire that Chester could run out of money by the end of February, and £50,000 needs to be raised in the short term to save the club. To say that transparency hasn't been a strong point at Community owned Chester, seems to be an understatement, but we can all probably guess what supporters were promised when the Trust lads first rode into town. It seems to have been a tale of disillusionment for a good many Trust members. At last week's crisis meeting, according to the Chester Chronicle, 'It was revealed last night that there are currently 1,060 City Fans United (CFU) members. That means the club is owned by 2,500 supporters fewer than it was during its glorious rise back up the non-league ladder. It costs £12 a year to become an owner of Chester FC and member of the CFU'.Trust membership dropping at an alarming rate, making you suspect that the numerous angry comments stating that members have been kept in the dark could well have a lot of justification. Over the weekend three major Trust rats (Chairman and two directors) left the rapidly sinking Community Owned ship, thereby conveniently being able to avoid tonight's board meeting. Looking at the three resignation statements it is clear that each of them admit to the numerous failures 'I understand, however, that for all the pressure I felt, you were all hearing this news for the first time and were understandably hurt, angry and upset: For that I am truly sorry and I apologise for my part as a member of your board that didn’t let you know sooner and I also accept that I let you down'. - Jonny Hughes (Chairman)'As a member of the board which has failed so badly over the past year, I feel it is necessary that I stand down. I also wish to take this opportunity to apologise to the fans for that failure'. - Neil Bellis (Vice Chairman) 'I should apologise for my part in our joint failure to act quickly or decisively enough to prevent the situation we find ourselves in today' - Anne Salmon (Director)There's a struggle ahead for Chester. Hopefully there will be a large donation to 'Save Our Seals' from Newport County, who will surely wish to use a big chunk of their recent financial good fortune (helped by some favourable F.A Cup draws) to contribute to comrades in distress.
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Post by plainmoorpete on Jan 29, 2018 20:53:03 GMT
I don't think the clubs at the top care whether or not they have any feeder leagues anymore. I think part of the problem is that football is simply becoming too expensive in the non leagues. Prior to 1987 the difference between league and non league was full time professional versus semi professional. Now nearly the whole national league is full time professional, and you have to ask yourself whether the English football economy can sustain so many full time clubs.
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Rob
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Post by Rob on Jan 30, 2018 2:00:09 GMT
What's more apparent (to me anyway) is that this is yet another example that shows that lower level football clubs cannot generate sufficient income to continue in business. At some point the giants at the top of the league will need to oversee some better distribution of the money that comes in at the top level. Even the not so giant clubs of League 1 and League 2 don’t go along with your very valid point, sadly. Last year there was a proposal to turn the National League into League 3. They didn’t want it. I think there is an increasingly strong argument for the level immediately below League 2 to either be regionalised or for TV money to be available to all clubs in a new League 3. It won’t happen soon. If ever. That said, our sometimes referred to but never outlined 5 year plan will most likely commence it’s third year in regional football, anyway. Well run clubs or those with comparatively large support can manage it. We have a very large support for the level below. And an owner with a past that all who post on the various forums are well aware of.
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chelstongull
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Post by chelstongull on Jan 30, 2018 8:15:56 GMT
I don't think the clubs at the top care whether or not they have any feeder leagues anymore. Not when you get players on upwards of £500,000 per week, which would keep us a float for most of the season and players turning up for training in £100,000 cars. The FA and Sky need to give the lower clubs more money at the expense of the fat clubs who I'm sure wouldn't miss a million.
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Post by plainmoorpete on Jan 30, 2018 9:21:46 GMT
I think the argument for the top supporting the lower has long passed as far as the top and their paymasters are concerned. The premier league don't need the lower leagues because they can source their players from anywhere in the world. The paymasters, ie sky et al, aren't interested, in fact all they would like to do is show MUFC and Liverpool week in, week out. It is hardly surprising then, that league one and league two clubs want to hang on to the scraps they have got. In my view I think non league football is approaching a financial crisis which will see a lot of clubs fold through the over inflated costs. Back in 1979, when the alliance league (ie the future national league) launched, I couldn't imagine that what was once part time semi professional clubs would spend the summer negotiating with footballers agents over full contracts worth as much as those signed by football league players. I simply don't think this will last.
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Post by plainmoorpete on Jan 30, 2018 9:24:35 GMT
The FA and Sky need to give the lower clubs more money at the expense of the fat clubs who I'm sure wouldn't miss a million. As much as that should happen it wont because of the totally gutless way the game is run by the FA.
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keyberrygull
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Post by keyberrygull on Jan 31, 2018 7:28:38 GMT
I don't think the clubs at the top care whether or not they have any feeder leagues anymore. Not when you get players on upwards of £500,000 per week, which would keep us a float for most of the season and players turning up for training in £100,000 cars. The FA and Sky need to give the lower clubs more money at the expense of the fat clubs who I'm sure wouldn't miss a million. More help from local councils would not go a miss either.
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chelstongull
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Post by chelstongull on Jan 31, 2018 8:10:17 GMT
Not when you get players on upwards of £500,000 per week, which would keep us a float for most of the season and players turning up for training in £100,000 cars. The FA and Sky need to give the lower clubs more money at the expense of the fat clubs who I'm sure wouldn't miss a million. More help from local councils would not go a miss either. Nice avatar Brian...
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Jon
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Post by Jon on Feb 1, 2018 23:23:19 GMT
Brian and Phil. The best double act since Eric and Ernie.
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Post by Deleted on Feb 2, 2018 19:16:51 GMT
Floridagull As Florida rightly says, the drop off in Trust membership isn't massively significant from a financial viewpoint. Indeed, Chester's sponsorship deal with MBNA is of massive importance to them. They've also got a relatively modern stadium, so not everything is against them. But I'm sure they would have hoped that being an 'Owner' would have proved to be sufficiently interesting and exciting (and no huge drain on the purse at £12 a year) that Trust members would be successful in spreading the word and recruiting even more to sample the joyous experience. But down to 1,060 members, while 2500 others have ripped up their Trust membership ?....if it's not a concerning stat then I'd suggest it should be. But there's clearly a strong feeling for the club and many who value it's continued existence. They've now topped the £40,000 mark in next to no time since the crisis was admitted last week. But will it be a move from life support back to temporary good health only to repeat the cycle. Is Chester's current method of operation a broken model, and is there the will or the scope within it's Trust regulations to make significant changes. Does a Trust club attempt to soldier on until that money spinning F.A Cup draw emerges from the velvet bag ? In contrast to the 'Pravda meets The Freemasons' approach we've experienced more locally this week, Chester fans were only too willing to express their own 'unofficial' views on their big Trust meeting last week. Here's just one post from their Deva-chat forum Three Chester Trust Directors resigned at the weekend, and another who came in for scathing criticism for being less than truthful to the membership, also fell on his sword midweek. But will the same pattern just get started again ? Longstanding fans, people more widely known and probably liked, but how much serious time and thought or even knowledge among the electorate as to their decision making strengths and abilities. That fourth Director with truth issues was only 23, but no doubt the younger fans wanted to be represented at board level by someone who joined in the chants with them and had a ring through his nose, but how much careful consideration was given to his probable competence to contribute effectively at Directorship level ? Well if you've a substantial chunk of your own money resting on the outcome rather than giving it £12 worth of thought, then you might come up with a better answer. I'd prefer it if the bank where my cash is held is strong stable and well managed. But it's not much of a consideration, as if I've made a poor choice the Government will bale me out and make sure I'm fully refunded. Just as huge Government debts indicate we'll elect politicians who'll spend today and leave the bill for future generations, do Trust members need more of their own money on the line in order to concentrate their minds on the financial well being of their club to a larger degree, and less as fans prioritising expenditure on players or seeing a pal on the Board ? A few weeks ago Paul Tisdale highlighted the approach he's tried to take in producing, improving, and selling on players, while all the time aware that Trust members priorities and viewpoints could result in him leraving The Supporters' Trust which owns the club, issued the board with directions to serve notice on his rolling two-year contract: effectively telling him they wanted no guarantees he would be manager beyond this summer.Tisdale is running down his contract and it is hard to avoid the sense that the supporters' vote cut him deeply. 'At the time, the directive from the supporters was to ask the board to renegotiate the contract with me,' he says. 'It's only going to be a contract on lesser terms. They knew as well as I did that wasn't going to happen. Supporters at all clubs say they want a healthy club but when it comes down to it they all want to win games.'In a sense, management is constantly about having the courage to prevail with a plan, when the supporters demand something else. 'Say you're one-nil down with ten minutes to go,' Tisdale explains in the highly acclaimed study of management 'Living on the Volcano', by journalist Michael Calvin.'You're desperately trying to get that goal, blocking the supporters out because they think about it for two hours every week and then they go home. You think about it 16 hours a day.'At that point it's very easy for a manager to think, 'I want someone on the pitch to reflect what that lot behind me are thinking.' They're usually saying: 'F**** get stuck in. So, to take off the player who is putting himself about, running everywhere, and putting tackles in but doing all the wrong things – my God you've got to be brave. And I know I'm brave.' link- Tisdale v TrustIs the democratic Trust system always more likely to struggle with a conflict between an intended financially stringent outlook, and Directors voted in to please supporters who prefer to see such rules bent or maybe even disregarded ?, resulting in bills and commitments racking up, as at Chester, while the 'Owners' desert in droves when the going gets tougher ?
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