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Methven at the match

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Grey Street Mackem said:
Dreyfus obviously feels that Methven's involvement benefits the club otherwise he would be completely sidelined. I do not know in what capacity he represents the club but as he is clearly an intelligent man, is very well connected and is a 'football man' (he was in the away end when Oxford were thrashed 7.0 at the Sol) I tend to agree. I acknowledge however that I am not close enough to the club to know the full facts of the position, being only a season ticket holder since the 1961/62 season.
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And an uneducated Northerner
 

I don't understand why there is confidentiality around the ownership, just makes us suspicious even if there is nothing wrong.
Don't think we will ever know the full story about how they financed the purchase of the club. Again, makes us suspicious as it's surrounded with lies and accusations.
I don't understand this Kildare posters angle (or spelling), would love to know what the deal is with him/her.
Either way, the only reason the 2 of them are clinging on when they said they wouldn't is to make money from us. I would have no objection to that if they had not failed.
They don't deserve reward for failure.
 
ISOE II said:
But attendances would be bigger and we are stopping people attending. Older folk (especially those with degenerative brain diseases) struggle with change. If we’re inclusive as a club we should have all ticket buying options available.
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I think it was about 100 people per match. People who quote they’d be thousands of extra fans on don’t know the actual figures.

Btw I think they should be cash turnstiles, however to say it would make a huge difference is incorrect.
 
kildaremackem said:
yep..but short took it...and used it topay off a club debt...it was literally available to the club..to pay a debt the club owed..you cant just ignore debts..
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Debts due to an owner or parent company are different to debts owed to a bank. For whatever reason, Short chose to make some of his investment in the club through debt rather than equity. Part of his agreement to sell his shares was that this debt be repaid, so it is reasonable to say that the parachute money was used to finance the purchase the club, even if the legal form of the transaction was a debt repayment.

Fans would be equally as scathing of Short if he had kept the club and used the parachute payments to repay his debt finance when the club really needed the money to arrest its decline.

The funny thing is that Short would be the one carrying the can for this had he not shrewdly structured the deal to make the amount repaid become Madrox's debt (and had SD not been so keen to be Charlie Potatoes about paying £40m for the club).
 
kildaremackem said:
why is it a disaster? people go onhere about KLDs extensive experience in football (which is a total myth) methven has far more experience than KLD of working at the top end of the football industry..though ironiclly the bit he seems less good at is the PR.

I dont think KLD cares much about PR...which is probably a positive and why he owns the club through a very secretive offshore coproratio
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Its a disaster because the bloke is a chancer and a clown. He’s slagged off our support and the area, almost killed our academy and came in with the sole intention of flipping the club for a big profit. The two of them should be nowhere near the club (or any club)

Thankfully KLD is trusting football people to do the jobs they’re good at, and looks to be building a good structure for the club. Hopefully the 2 clowns will be long gone shortly and have no involvement as we start seeing the benefits
 
kildaremackem said:
but why werent attendances bigger last year when we did offer this? the facts say the things you want dont lead to bigger attendances?
the club is being inclusive y helping the small number adversely affected. the club ticketing policy should be run with revenue maxmisation at its heart, nothing else

he didnt take it though..
maybe the poor standard of your lies compared to theirs is why the tories won the election?
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Lol fuck off Charlie, don’t you have a safe seat to arse lick yourself into instead of sticking about to sneer at us peasants.
 
kildaremackem said:
so what would you like the tickwting policy to be about, if not beinging money into the club?
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How many punters would need to pay on the door to make a single cash turnstile worth having? Assuming you are paying the highly skilled turnstile operator £15 an hour from midday until kickoff, 3 extra punters would see the club break even on this investment, 4 if we take time for said operative to get showered and changed after his shift.
 
NYMackem said:
How many punters would need to pay on the door to make a single cash turnstile worth having? Assuming you are paying the highly skilled turnstile operator £15 an hour from midday until kickoff, 3 extra punters would see the club break even on this investment, 4 if we take time for said operative to get showered and changed after his shift.
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add in the time cost to the club of doing the hiring and payig of said operative, and factor in whether the punter just comes any waty using one of the very many other methds so you lose nowt
 
kildaremackem said:
add in the time cost to the club of doing the hiring and payig of said operative, and factor in whether the punter just comes any waty using one of the very many other methds so you lose nowt
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In fairness this is a terrible decision.

What about the long term view?

Making it easy to get to the game and getting kids through the door because they can turn up with a fiver and then who may then go on and spend thousands at the club?

Making it hard for people to attend will not generate momentum or good will and is a terrible short and long term decision. As stated a cash turnstile will easily pay for its self anyway.
 
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NYMackem said:
Debts due to an owner or parent company are different to debts owed to a bank. For whatever reason, Short chose to make some of his investment in the club through debt rather than equity. Part of his agreement to sell his shares was that this debt be repaid, so it is reasonable to say that the parachute money was used to finance the purchase the club, even if the legal form of the transaction was a debt repayment.

Fans would be equally as scathing of Short if he had kept the club and used the parachute payments to repay his debt finance when the club really needed the money to arrest its decline.

The funny thing is that Short would be the one carrying the can for this had he not shrewdly structured the deal to make the amount repaid become Madrox's debt (and had SD not been so keen to be Charlie Potatoes about paying £40m for the club).
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ah but you see..the repayment WAS to a bank...SBC Corporation...but the club had other debtsanyway..ie for players..now..a charitable interpretation is that in accounting money owed for goods and servives is called trade creditors, not debt, while debt is, owed to a bank or other source of finance..so short was telling the truth when he said he left it debt free, in strictly accounting terms, but he didnt leave without the club owing money to anyone, which is how it was interpreted by many. Short decided he was getting the £25m from the para..it was legally owed to SBC..tey had the security over it..short paid them and got the papra money as a refud..

of course donald could have instantly given short the £25m, if he had it, and used the para to fund the club..but the club woudt have been better off financialliy if that had happened..£25m would have gone to short anyway.and £25m to the club,.,.if donald et al leave with any of the £25m still owing..or if none of the cash had been put in...then he can be criticsed for depriving the club of cash..but he hasnt left yet..and has put in many millions above any money paid for the club..the pirchase price for the shares of the club wree paid for with donald etcs ow resources...SBC were owed £25m anyway..and thats what short got..SBC were getting their cash either way.
Your right, short did frame it all in a shrewd way, and he saw donald coming..he made a mug of him...and i reckon donald right now is regretting ever getting involved..i think the pandemic means he now has zero chance of getting a profit from his investment
NYMackem said:
Aye, the point is that not all of them are coming anyway.
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how do you know? our gates are higher now, after this came in, than th3ey were before? so you cant show me we are losing out on fans? if that cpuld be shown, id agree with you?
Northumberland Rocks said:
In fairness this is a terrible decision.

What about the long term view?

Making it easy to get to the game and getting kids through the door because they can turn up with a fiver and then who may then go on and spend thousands at the club?

Making it hard for people to attend will not generate momentum or good will and is a terrible short and long term decision. As stated a cash turnstile will easily pay for its self anyway.
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but the crowds are higehr now? kids are more used to paying for things online than many afdults are..the future is not helping kids pay in cash! most of them dont use cash very much! we arent making it hard for people to attend...the crowds are higher..a cash turnstile doesnt pay for itself if the crowds are higher without it...the number of walk up fans has been tiny for years..and even among those that are wal ups...a large number of those pay card anyway!
 
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kildaremackem said:
ah but you see..the repayment WAS to a bank...SBC Corporation...but the club had other debtsanyway..ie for players..now..a charitable interpretation is that in accounting money owed for goods and servives is called trade creditors, not debt, while debt is, owed to a bank or other source of finance..so short was telling the truth when he said he left it debt free, in strictly accounting terms, but he didnt leave without the club owing money to anyone, which is how it was interpreted by many. Short decided he was getting the £25m from the para..it was legally owed to SBC..tey had the security over it..short paid them and got the papra money as a refud..

of course donald could have instantly given short the £25m, if he had it, and used the para to fund the club..but the club woudt have been better off financialliy if that had happened..£25m would have gone to short anyway.and £25m to the club,.,.if donald et al leave with any of the £25m still owing..or if none of the cash had been put in...then he can be criticsed for depriving the club of cash..but he hasnt left yet..and has put in many millions above any money paid for the club..the pirchase price for the shares of the club wree paid for with donald etcs ow resources...SBC were owed £25m anyway..and thats what short got..SBC were getting their cash either way.
Your right, short did frame it all in a shrewd way, and he saw donald coming..he made a mug of him...and i reckon donald right now is regretting ever getting involved..i think the pandemic means he now has zero chance of getting a profit from his investment

how do you know? our gates are higher now, after this came in, than th3ey were before? so you cant show me we are losing out on fans? if that cpuld be shown, id agree with you?

but the crowds are higehr now? kids are more used to paying for things online than many afdults are..the future is not helping kids pay in cash! most of them dont use cash very much! we arent making it hard for people to attend...the crowds are higher..a cash turnstile doesnt pay for itself if the crowds are higher without it...the number of walk up fans has been tiny for years..and even among those that are wal ups...a large number of those pay card anyway!
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We need to be inclusive. Many do not have easy access to the internet etc etc. whatever you and others may think.

A cash turnstile will easily pay for itself and encourage people who may just want to turn up on the day and may then go on to use electonic means.

Even if we take the Club's own figures (which could be disputed) 300 people used to use a cash turnstile. £20 x 300. We must have the highest paid turnstile operator in the country if that didnt pay for itself.
 
kildaremackem said:
how do you know? our gates are higher now, after this came in, than th3ey were before? so you cant show me we are losing out on fans? if that cpuld be shown, id agree with you
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I don't know. I just think there would be enough last minute walk ups to make a cash turnstile worthwhile, given the relatively low cost of putting one on. I've made last minute decisions to attend games in the past that are easy for me to facilitate with a smartphone and credit card, but might be more difficult for someone without one or both of these facilities.

The fact our gates are higher this year is probably due to having a better team and manager and less covid restrictions, so don't work as proof that cash turnstiles aren't worth having.
 
Grey Street Mackem said:
Dreyfus obviously feels that Methven's involvement benefits the club otherwise he would be completely sidelined. I do not know in what capacity he represents the club but as he is clearly an intelligent man, is very well connected and is a 'football man' (he was in the away end when Oxford were thrashed 7.0 at the Sol) I tend to agree. I acknowledge however that I am not close enough to the club to know the full facts of the position, being only a season ticket holder since the 1961/62 season.
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How do you know he was in the Oxford end that day ?
 
Blyth said:
I think it was about 100 people per match. People who quote they’d be thousands of extra fans on don’t know the actual figures.

Btw I think they should be cash turnstiles, however to say it would make a huge difference is incorrect.
Click to expand...
I never said they would make a massive difference. Just we’d get a higher attendance. 1 through the door is more and having cash turnstiles helps the young’uns and the old’uns.
 
kingmonkey said:
I don't understand why there is confidentiality around the ownership, just makes us suspicious even if there is nothing wrong.
Don't think we will ever know the full story about how they financed the purchase of the club. Again, makes us suspicious as it's surrounded with lies and accusations.
I don't understand this Kildare posters angle (or spelling), would love to know what the deal is with him/her.
Either way, the only reason the 2 of them are clinging on when they said they wouldn't is to make money from us. I would have no objection to that if they had not failed.
They don't deserve reward for failure.
Click to expand...
The confidentiality will just be to avoid any potential negativity from the customer base if it were true, and word got out, that KLD's interest is only 40%. Maybe Methven acting like he owns the place is because he, Sartori and Donald are all buddies again.

Or whatever.
 
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