Jump to content

BRFCS

BY THE FANS, FOR THE FANS
SINCE 1996
Proudly partnered with TheTerraceStore.com

philipl

Members
  • Posts

    32141
  • Joined

  • Last visited

  • Days Won

    36

Everything posted by philipl

  1. For me it is a pretty even choice over who goes out to LB- I suspect left footed Williams might be chosen. I would like to see Tosin play as I suspect we will need his height back there with the Cardiff long throws. I also suspect Tosin's distribution is at a level above that of Lenihan and Williams- it has to be for Guardiola to be talking the way he does about him.
  2. Correction: (not that it is any better) Company which bought Bury debt reported to be owned by partner of Dale’s daughter • MP calls for investigation into deal which proved vital • Debt purchase gave company crucial vote in favour of CVA David Conn Fri 23 Aug 2019 19.52 BSTLast modified on Fri 23 Aug 2019 21.15 BST A company which bought a £7m debt owed by Bury for £70,000, and was then able to wield a crucial vote in favour of the club’s company voluntary arrangement (CVA), is reported to be owned by the partner of the daughter of Steve Dale, the club’s owner. The MP for Bury North, James Frith, has called for an investigation into the sale of the debt to the company, RCR Holdings, which was formed on 16 July, two days before the meeting at which it then voted through the CVA. RCR Holdings, registered to a private house address in Chadderton, Oldham, is wholly owned by Kris Richards, 41, who is also the sole director. Many Bury supporters immediately identified him as the partner of Dale’s daughter, then BBC Radio Manchester reported on Thursday that Richards had confirmed that to its reporter, Mike Minay. Richards did not respond to a call or message from the Guardian to confirm it, nor to explain how the RCR deal came about or where the money to buy the debt came from. Dale repeatedly declined to answer the Guardian’s question about whether Richards is his daughter’s partner. Dale’s CVA for Bury, who declared they were unable to pay their debts, and face a threat of expulsion from the EFL on Saturday, proposed paying “non-football” creditors a quarter of the total £4m they were owed. A meeting to approve it was adjourned on 9 July and rescheduled for 18 July. On 16 July RCR Holdings was formed, with Richards as the sole director and owner of its £100 share capital. Two days later at the creditors’ meeting, the accountant supervising the CVA, Steven Wiseglass, announced that RCR Holdings had bought a debt of £7.1m owed by Bury to Mederco Ltd, a property company owned by the previous Bury owner, Stewart Day, which is now in administration. The Mederco administrators, the accountants Leonard Curtis, based in Leeds, this week reported to that company’s creditors that the £7m debt was sold to RCR for £20,000, rising to £70,000, one-hundredth of its value. The weight of the £7m debt proportionate to the money owed to other creditors enabled Richards’ company to have a defining bearing on the vote to pass the CVA. At the meeting a representative of a law firm Kay Johnson Gee, which had bills of £16,251 unpaid by Bury and voted against the CVA, asked if RCR was seeking a “dividend” alongside other creditors, of a quarter of the £7m debt it had bought for £70,000. RCR’s representative appeared to indicate that the company would not seek a dividend if it meant more money was required to fund the CVA. However, Dale told the Guardian on Thursday that in fact RCR is indeed seeking from the Bury CVA a quarter of the £7m: £1.75m, for a debt bought for £70,000. Frith has called for an investigation into the RCR purchase of the debt, in a letter to the EFL chair Debbie Jevans this week, in which he said it “raises serious questions as to the relationship between Mederco (and its administrators), RCR Holdings and the current owner [Steve Dale].” In a statement to the BBC, Dale declined to comment specifically on the RCR purchase or on whether Richards is his daughter’s partner, but said: “All dealings with the CVA have been done in a correct and proper manner.” Last week the former Bury club secretary Jill Neville wrote to Dale when she resigned after 35 years’ service, calling on him to surrender ownership and control immediately so that the club could remain in the EFL and be saved.
  3. Apparently Bury's assets have been transferred to a company controlled by Steve Dale's daughter.
  4. Am I the only one remembering the campaign on this board to move away fans upstairs because they were too effective supporting their side when behind the goals at the Darwen End?
  5. It appears there is a non-executed subject to contract of sale of Bury so EFL are considering extending an expired deadline. The headline news is that Bury have not been expelled at the time of writing. Given the reputation of the current wannabe former owner and the state of that Gigg Lane mortgage, ten weeks is next to no time in taking on a vipers nest like Bury FC. I would also use a take over vehicle with zero assets at this stage so I would not read anything into the accounts of that company. The EFL are going to have to make a leap of faith on this one as big as the new owners are going to have to. Bolton and several other clubs will be watching. This is not the time for realising EFL rules are unfit for purpose and rejigging them especially when Bolton has already descended into a litigious mess. My gut feeling is the EFL will kick this into the too difficult bucket and Bury are history unless the political pain on the EFL is increased.
  6. I would hope there are 25 full time pros on the books Mowbray rates. Until football is changed to 25-a-side, they are not all going to be selected.
  7. At least 50% of that is spatial awareness of colleagues which until recently has been very poor. When the ball is in central midfield of all places the player in possession should have two or three safe passing opportunities available. Probably the squad got too used to the crabs in central midfield. Travis is much more ambitious to keep forward momentum so by definition his passes carry more risk but this doesn't absolve the others of showing to receive passes.
  8. If we have top 6 aspirations/pretensions, not giving Cardiff a win in a six pointer is important. At this stage of the season, there are plenty of results which look like freaks come next May. We have had one of those already, thanks lads.
  9. Cardiff tried that at Wigan after scoring first and lost 3-2. Unless Warnock finds some magic glue this week, they cannot defend by sitting back...
  10. I am not going to elaborate but I would not wish the current problems of that individual on my worst enemy. Sup with the devil...
  11. We can only look at the evidence of our own eyes. Folks as rich as they are who stay as rich as they have done despite clearly having, shall we say an "eccentric" in their midst, do have a capacity for learning and self- preservation. Rovers were not the first wealth-destroying diversion the family were challenged to handle. Film studios were publicly liquidated, Rovers fortunately are still around. I know this is a less than popular view amongst many Rovers fans but the owners from hell have since the departure of Coyle become the owners from heaven. I completely and freely admit that this new wisdom has not been tested beyond their response to relegation to League One but that was a hefty eight figure test. How would they replace a Waggott or Mowbray? The processes at under 23 level suggest a level of sophistication within the club unthinkable just two years ago. We are presumably vulnerable to a Shabby mark 2 gaining trust inside the compound but there seems to be far greater stability in the handling of Rovers than there used to be. So let's be as outspoken about the good as we are about the welter of historic bads. Never forget- we cannot help but mourn what we lost and I think the Trust were heroic in their administration of Rovers given the Walker family shenanigans of the time. Never forgive- your choice- but a decade is a long time and people dramatically live and learn. Being bitter only shortens the life of the embittered.
  12. This should be pinned prominently. The culpability of the football authorities in not enforcing their own rules is massive. Don't think that the letters written by John Williams and Tom Finn were not also massive wake -up calls which went totally unheeded by the EPL and FA. The Raos themselves probably had just cause for complaints against the EPL and FA. The fact they were made complicit in the deception of the original contracts complicated matters but no doubt they had new lawyers engaged after they had been bought Rovers who were capable of reading FIFA, UEFA, FA and EPL rule books. Perhaps it is not surprising at least three third party companies directly involved in the Rovers acquisition have been wound up. Don't forget there were probably even more explicit contracts which would have handed the club over to the ministrations of Crescendo and Kentaro involving Lawrence Bassini before it was obvious he would not pass fit and proper as the Rovers owner. Which brings us back to Bolton...
  13. IF Rovers solve the Cunningham LB absence adequately AND Continue their game on game performance improvements, Rovers could win surprisingly easily BUT How likely is that? Been watching Cardiff's recent game highlights (and Hoilett did play on Wednesday so apologies about that) and they look like a side which might begin to click explosively and give someone a tonking- threats all over the park. HOWEVER, That is one hugely un-Warnock like defence. If they continue the way they have played in all their games to date, Rovers will get plenty of opportunities but will need to be mentally sharp to exploit the half mistakes Cardiff are currently littering their games with. I would keep Armstrong on the bench because Downing's canny football nous and Rothwell tenacity will pay dividends. Bring Armstrong bon late when the game gets stretched and if Reading is any guide, he should prosper mightily. Two firm predictions- this will be one of the most entertaining games of the season so get down to Ewood and both sides to score looks a very good bet. If we get another clean sheet it will be a major achievement.
  14. Don't know but he and Tosin are rated equal possibilities to be available against Cardiff
  15. Sorry I was feeling mischievous. Hence my post being the meat fed to the piranhas. Very frustrating that Sodemall or whatever they are called have learnt nothing from catering to the masses about the logistics of event catering.
  16. I refer you to CIPD best practice guidance which is applicable in any sector.
  17. Hoilett was out mid week. Will he be fit Saturday?
  18. This is one of those threads which will get a lot of posts from the not happy unless we are moaning posters. The more posts it gets the more it shows that everything else is basically ok.
  19. My guess we can expect some movement by the end of the L1/2 window; perhaps one or two younger players out on loan but not the four identified as first team squad players now. The player I hope something happens for is Richie Smallwood. Clearly not quick enough of mind to hack it in the Championship but probably the difference between securing promotion or not for a League 1 side. If no higher clubs come in, in the unlikely event either Bolton or Bury emerge from their death spirals, new ownerships could do an awful lot worse than rebuilding around Smallwood.
  20. Going to be all about the respective teams taking their chances. One of the stats crawling past on Tuesday night was Cardiff have created the most chances in the Championship so far this season- don't know if they kept that up v Huddersfield. This is going to be one with quite a few goals. A clean sheet for Rovers on Saturday will mean we really can start believing a corner has been turned by our defence- I cannot see that happening which means we will need at least two to win.
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.