[Archived] Meeting With The Club.

[Neal]

13 hours ago, Parsonblue said:

I thought Senior came across extremely well and Mowbray was different class.  Glad to hear Senior say that Mowbray must be in favour of any new signings and that both will work together with Tommy Johnson and his team in identifying targets.  At least they seem to have a plan and sensible not to select targets until we know the division we are in next season.  The planning around season tickets seems very sensible.  A number of Championship clubs have been selling 2017/18 season tickets for some weeks already.  Felt sorry for Cheston but I thought he did his best to explain the financial situation in terms of accessing short term loans.  I must admit that I came away quite optimistic having listened to Senior and Mowbray.  Only time will tell if they can deliver but with Venkys clearly not going anywhere, they seem to offer the best chance we have had for some time of moving forward in the right direction.

 

"i felt sorry for Mike Cheston". 

You'd have come away optimisitic from that meeting if they'd have only shat in your right shoe Parson. 

[JBiz]

Just now, Neal said:

 

"i felt sorry for Mike Cheston". 

You'd have come away optimisitic from that meeting if they'd have only shat in your right shoe Parson. 

Why the personal slant Neal? You want people to join your protests for the better of the club, yet you can't put personal prejudice aside FOR THE BETTER OF THE CLUB!

 

 

[Neal]

Just now, Jbizzle said:

Why the personal slant Neal? You want people to join your protests for the better of the club, yet you can't put personal prejudice aside FOR THE BETTER OF THE CLUB!

 

 

 

They're not MY protests. 

[JBiz]

Just now, Neal said:

 

They're not MY protests. 

How is that relevant? You make a concerted effort to encourage supporters to join THE protests then. 

The point is, how do you expect others to even engage with you if your answer to other opinions is anything like that previous post?

[AAK]

Just now, Neal said:

 

"i felt sorry for Mike Cheston". 

You'd have come away optimisitic from that meeting if they'd have only shat in your right shoe Parson. 

What was the slideshow about? I just didn't get it, it was pointless, especially the bar chart showing how many games Lenihan had played lol WTF!

A couple of times I think Senior knew Cheston wouldn't know what to say and therefore answered the question.

[1arC]

Just now, AAK said:

What was the slideshow about? I just didn't get it, it was pointless, especially the bar chart showing how many games Lenihan had played lol WTF!

A couple of times I think Senior knew Cheston wouldn't know what to say and therefore answered the question.

Lenihan could be lined up as the next sale, hence the reference to his number of games. Either that, or it was to demonstrate that we have an academy player who has become established. Given the grave nature of the finances, anything of any value, will be sold again, just like last summer.

[tomphil]

That's what they do at work though sit in the office drawing up charts to send to India showing the clubs 'progress' and cost cutting whilst growing the next percentages.

Hampers all around at Easter.

[Neal]

Just now, Jbizzle said:

How is that relevant? You make a concerted effort to encourage supporters to join THE protests then. 

The point is, how do you expect others to even engage with you if your answer to other opinions is anything like that previous post?

 

How is it relevant? You said "YOUR PROTESTS".

I find it remarkable that fans commited as Parson come away from these meetings feeling sorry for club employees who are paid to bullsh*t us. 

 

Finally... And i don't know how many times i have to say this on here... I don't have to be diplomatic, i don't have to conduct myself like i'm some sort of spokesperson for any group... Because i'm not part of one. I'm a fan with opinions like any other, i get involved in protests because i want to, if other people don't want to because they don't like me, my opinions or what I have to say then fine... But i won't stop speaking my mind because of fear people might not want to protest with me. 

[JBiz]

Then you will constantly put people off standing next to you to protest, when you cannot accept that others will not always see things your way.

Not just you that speaks your mind is it!

[RV Blue]

30 minutes ago, A cup of beans said:

Chaddy did

On the short term loans, pretty terrifying. Sets me on edge.

Only on BRFCC could fans want to deflect the issue and debate terminology when the club is playing with fire.

It isn't a matter of terminology, payday loans and short term loans are different. Mark saying that Cheston admitted we are using payday loans is a lie, and should be treated as one. However, I suppose that him saying Cheston admitted we use short-term loans wouldn't have got as many retweets, would it? There is absolutely no need to exaggerate/fabricate what Venky's have done and are doing to this club, lying about it doesn't do anyone any favours whatsoever.

[Neal]

Just now, Jbizzle said:

Then you will constantly put people off standing next to you to protest, when you cannot accept that others will not always see things your way.

Not just you that speaks your mind is it!

 

Wish more people would!

 

I've found after over 6 years of protesting it doesn't exactly take much to put people off protests JB... Any excuse and all that. If you think i come across as off putting then you should hear how the Pool or Forest fans speak to fans unwilling to protest... I'm tame in comparison.

 

I still don't understand this argument that because you speak out you want everyone to see things your way... I've seen this before applied to other posters. I accept people will have differing views but I have the right to speak up just the same as you have done here... Thats what forums are for.

[1arC]

Just now, RV Blue said:

It isn't a matter of terminology, payday loans and short term loans are different. Mark saying that Cheston admitted we are using payday loans is a lie, and should be treated as one. However, I suppose that him saying Cheston admitted we use short-term loans wouldn't have got as many retweets, would it? There is absolutely no need to exaggerate/fabricate what Venky's have done and are doing to this club, lying about it doesn't do anyone any favours whatsoever.

A quick Google search will show you that they are marketed in a similar way and are referred to by the suppliers of these products as the same thing.

https://www.paydayloansnow.co.uk/short-term-loans/

[1arC]

What difference is there between short-term and payday?

They are the same in many ways, because they offer emergency financing and help to approved clients who need it, with a short repayment period. However, one difference that distinguishes instalment loans being different from traditional payday lending is in the volume of lending repayment options.

Sometimes borrowing money for a short duration makes sense. In some situations, not having one could result in even greater financial loss. Other times, emergencies present themselves that leave little other option than to seek some outside help. On the other hand, you want to avoid a situation that might lead to an endless cycle of debt, where there is no escape. Our service, based in UK, offers hope for those in a tight money situation, who need assistance fast.

[RV Blue]

Just now, 1arC said:

What difference is there between short-term and payday?

They are the same in many ways, because they offer emergency financing and help to approved clients who need it, with a short repayment period. However, one difference that distinguishes instalment loans being different from traditional payday lending is in the volume of lending repayment options.

Sometimes borrowing money for a short duration makes sense. In some situations, not having one could result in even greater financial loss. Other times, emergencies present themselves that leave little other option than to seek some outside help. On the other hand, you want to avoid a situation that might lead to an endless cycle of debt, where there is no escape. Our service, based in UK, offers hope for those in a tight money situation, who need assistance fast.

That is about loans for individuals, not organisations. You could possibly say payday loans are a (extreme) type of short-term loan, but for Mark Fish to assume that Cheston was refering to payday loans when he said short-term loans is utterly ridiculous.

[tomphil]

It's what they are used for that's the real issue i'd say.

If a bloke takes out a short term high interest loan to fix his car or washing machine until payday well that's what they are there for. If he takes one out to pay this months credit card and mortgage instalments there is big trouble ahead.

Seems it's more of the latter scenario at Rovers but in the absence of the next influx of sales where is the money coming from. There are several loans besides the high interest ones plus the overdraft are there not ?  What happens if we only sell 4k ST's ?

This is the route Bolton went down and in the end only the sale of the club and some fixed assets stopped admin. It's been slower here only because we had playing assets to sell until now.

[1arC]

It depends where you look I suppose.

 

Short term finance options from loan companies

If you need to borrow money in a hurry, one of the quickest and most convenient ways of finding the right loan for your business is by visiting websites such as www.money.co.uk. From such sites you can easily compare a list of the country’s leading loan companies, and pinpoint the loan type you want in minutes. For example, if a payday loan seems to be the best fit for your current circumstances, you will be presented with a list of companies offering such loans, each showing how much you can borrow, their annualized rate, and an example of a typical loan. A quick scan of the page and you should be able to find something suitable.
For many small businesses looking to secure modest-size loans, finance lending companies such as those that offer merchant cash advances and factoring provide an essential service. High street banks look upon such loans as not being cost-efficient. Whereas the alternative lending market provide such funding with pleasure. Granted they charge substantial annual interest rates and large fees, but they also provide essential instant short-term financing.
Factoring companies purchase the sales invoices, otherwise known as accounts receivable, from businesses at a discounted rate. Effective interest can work out to be somewhere in the region of 30%, but financing is instant. Retailers that don’t have sales invoices can turn to merchant cash advance lenders who lend money in exchange for a cut of future credit card sales, with effective interest rates ranging anywhere from around 50% – 120%. In the past few years, the number of cash-flow lenders has significantly increased, helping businesses that want to borrow money who don’t accept credit cards.

[Tyrone Shoelaces]

13 hours ago, RV Blue said:

Let him go if so. Liability defensively anyway.

You could have said that about Damien Duff.

[RV Blue]

Just now, Tyrone Shoelaces said:

You could have said that about Damien Duff.

He's 20 years old and isn't yet fit enough or reliable enough to start matches. Whilst I would like to keep him, I wouldn't pay over the odds for him. Besides, if he's chasing money before he's even become and established 1st teamer he isn't the right character I want at the club anyway.

[duggy9197]

A loan is a loan how ever you dress it up,we have billionaire owners and some fan is argueing over how to name the loan,what is a disgrace that they are making the club ask for these loans in the 1st place.

[1arC]

Just now, duggy9197 said:

A loan is a loan how ever you dress it up,we have billionaire owners and some fan is argueing over how to name the loan,what is a disgrace that they are making the club ask for these loans in the 1st place.

Quite

[J*B]

If these people cared like they say they do then there should be absolutely no need for any short term loans. They are billionaires. A short term loan makes absolutely no financial sense. Its like remortgaging your house for an extra 20k while you have 2.5m sat in the bank. Debt is debt. 

[JBiz]

Just now, Neal said:

 

Wish more people would!

 

I've found after over 6 years of protesting it doesn't exactly take much to put people off protests JB... Any excuse and all that. If you think i come across as off putting then you should hear how the Pool or Forest fans speak to fans unwilling to protest... I'm tame in comparison.

 

I still don't understand this argument that because you speak out you want everyone to see things your way... I've seen this before applied to other posters. I accept people will have differing views but I have the right to speak up just the same as you have done here... Thats what forums are for.

I can accept your point of view, your boycott stance and I can full empathise with the anger.

I cannot accept your slants at PB, or anyone for thinking differently! That's the point. I'm not trying to make you think my way, I'm saying that the "shat in your shoe" comment is just not acceptable, and thus harms any real discussion you might put forward

[1arC]

Just now, J*B said:

If these people cared like they say they do then there should be absolutely no need for any short term loans. They are billionaires. A short term loan makes absolutely no financial sense. Its like remortgaging your house for an extra 20k while you have 2.5m sat in the bank. Debt is debt. 

This is exactly why the statement on behalf of the owners (cleverly worded) was a complete farce. We are set here in India with untold riches, but our baby has no food. Of course we care very deeply though and would ask you to keep the faith and ploughing your season ticket money in.

[RV Blue]

Just now, J*B said:

If these people cared like they say they do then there should be absolutely no need for any short term loans. They are billionaires. A short term loan makes absolutely no financial sense. Its like remortgaging your house for an extra 20k while you have 2.5m sat in the bank. Debt is debt. 

And that is why saying 'short term loan' would have sufficed. It is bad enough as it is without having to make stuff up.

[Tyrone Shoelaces]

Just now, duggy9197 said:

A loan is a loan how ever you dress it up,we have billionaire owners and some fan is argueing over how to name the loan,what is a disgrace that they are making the club ask for these loans in the 1st place.

They've washed their hands of us. It's as simple as that.