Non-League Football 2023/34

[CosbehFox]

15 hours ago, Leicesterpool said:

Nuneaton Boro have been taken over by an investment company. Positive news for once... jim Ginnelly staying on as manager. One the new owners used to work as a director at Hull City. But still no news on the stadium...

Investment company is interesting. Reads to me like they are glorified administrators. Basically maximise value before selling 

[CosbehFox]

DA Capital is a privately owned investment vehicle established to help the owners of Owner Managed Businesses find a way to exit their companies with the best possible value for you as the seller and us as the acquirer. 
 

How long we giving it before they are looking for their next owners? A year at tops id go. 

[Daggers]

51 minutes ago, CosbehFox said:

DA Capital is a privately owned investment vehicle established to help the owners of Owner Managed Businesses find a way to exit their companies with the best possible value for you as the seller and us as the acquirer. 
 

How long we giving it before they are looking for their next owners? A year at tops id go. 

Don’t understand what an investment firm is doing with a financial black hole?

 

Companies House has them down as losing £590,000 in ‘21 and £750,000 in ‘22.

[CosbehFox]

1 hour ago, Daggers said:

Don’t understand what an investment firm is doing with a financial black hole?

 

Companies House has them down as losing £590,000 in ‘21 and £750,000 in ‘22.

Yep it's dodgy as hell - but most appear to be ignoring the worrying signs. 

[Leicesterpool]

Its sounds like Homes Under Hammer type run company. Buy a property or company in a mess on a cheap price. Revamp it, clean it up make it look appealing and sell on for a huge profit. I suppose it could be good thing like Mandaric with Leicester... came in when we were a mess here 3 years then sold us to the Thais... rest is history.

 

However new owners first have got to clear a debt of 700k and somehow get us back in the stadium or agree a groundshare agreement.

 

 

Edited 24 November 2023 by Leicesterpool

[CosbehFox]

33 minutes ago, Leicesterpool said:

Its sounds like Homes Under Hammer type run company. Buy a property or company in a mess on a cheap price. Revamp it, clean it up make it look appealing and sell on for a huge profit. I suppose it could be good thing like Mandaric with Leicester... came in when we were a mess here 3 years then sold us to the Thais... rest is history.

 

However new owners first have got to clear a debt of 700k and somehow get us back in the stadium or agree a groundshare agreement.

 

 

Would apply if Mandaric had £0 assets in his company or no proven history of running a football club 

[Finnaldo]

1 hour ago, Leicesterpool said:

Its sounds like Homes Under Hammer type run company. Buy a property or company in a mess on a cheap price. Revamp it, clean it up make it look appealing and sell on for a huge profit. I suppose it could be good thing like Mandaric with Leicester... came in when we were a mess here 3 years then sold us to the Thais... rest is history.

 

However new owners first have got to clear a debt of 700k and somehow get us back in the stadium or agree a groundshare agreement.

That, or they’ll rinse fans for every penny. If Stratford are giving them a good deal, then it could well be a case of them essentially get the begging cap out to the supporters with ‘one more big push this season to get us on the straight and narrow!’ before jumping off the bus with their bags of dosh and suddenly the current owners arguing “well they promised me x, y and z!” as they get out of it looking clean. 

Over to Nuneaton fans to organise and demand some clear answers. What are DA’s objectives? What is the new role of previous board members in the new layout? What’s the plan of action to get back to Liberty Way? They need to get some clear answers, or prepare for the worst. If neither are done then they’ll have only themselves to blame.
 

I’ve had it told that one of main issues with Nuneaton’s supporter-base is elevated expectations at ends with their current reality; they aren’t a National League team any more, frankly with their current debt they aren’t in good standing to start pushing for it either. The best thing they can do is stop paying £900 per player a week, begin to drain down the debt, and accept it’ll be step 3 for the foreseeable, maybe lower. When they’re in a tenable position with secure finances push again. It’s a well supported club that could arguably even be league standard with the right backing and model. The only thing they’re on target for currently is repeated financial crises as they lurch from one desperate push to the next. As mentioned before there’s been an almost institutionalised dodginess there as supporters turn a blind eye for the sake of quick success.
 

They need to break the cycle they’ve got themselves in, ‘drain the swamp’ and demand some transparency and accountability. That might be owners with accountability in the club’s current form, it might have to be starting from scratch. It’s a club with great potential but if they want better they need to demand better.

Edited 24 November 2023 by Finnaldo

[Leicesterpool]

Club have been trying to clean the mess left behind from former chairman Lee Thorn, came with the same stupid ambition of four years will we be in the football league... oh we're going full time... paying plays £900 a week. And spending £30k on transfer fee's! taking into account we'd just been relegated with average gates of 700. Three years after the suppose huge project... during the clubs struggles Thorn announced he was no longer running club and hadn't been for some time. Turned out he raised debts of 600k under the club name. Jimmy came in, took over as chairman.. by May of 2019 he claimed most of the debt been cleared... seemed like club was going to be okay.

 

2022 turns out the club still in heavy debt but still "just floating above the water" in their words. In late 2022 Jimmy and his new commercial manager put a raise the budget in order to push for promotion... with a target of 20k i think it was. 15k was raised, suddenly we had crowd trouble at Tamworth which lead to a fine for both clubs... some say most the funds that was for the promotion push was used on paying the fine. 

 

2023 summer comes Jimmy confirms of of budget cuts in squad and we can only work with 15 players. Then turns we are 700k in debt, so somehow we have gone from being 600k in debt in 2019 to 700k! despite the debt supposedly being cleared in the summer of 2019. Jimmy could have covid made an impact but every club was in the same boat. The whole thing is confusing, it just boils down to we are have spend a fortune on average players. One including Matty Stenson whose on £1,000 a week! Last two seasons Tony Breeden was on £800 a week, when he was told he if wanted to say he would need to take a wage cut, he refused and so the club let him go... which lead to him sulking on social media... claiming it was unexpected.

 

Of late all the players took a 50% pay cut.  Club could be successful, as we've seen of late in terms of form and you don't need to spend a lot of money. 

[Daggers]

How Golden Gordon is this place? I love it. 
 

 

[Leicesterpool]

Imagine that ground is just three levels below the efl.

[Gary Eatfood]

44 minutes ago, Leicesterpool said:

Imagine that ground is just three levels below the efl.

The pitch at one end is about 3 feet lower than the other.

[Daggers]

24 minutes ago, Gary Eatfood said:

The pitch at one end is about 3 feet lower than the other.

Dips from one corner to the opposite one as well as being on a slope - it’s gash. As is their PA system which was nothing but crackle and hiss. And if everyone had whipped out their phones it would’ve been brighter than their 40W floodlights. 😂

 

 

[Gary Eatfood]

58 minutes ago, Daggers said:

Dips from one corner to the opposite one as well as being on a slope - it’s gash. As is their PA system which was nothing but crackle and hiss. And if everyone had whipped out their phones it would’ve been brighter than their 40W floodlights. 😂

 

 

They once had 13,500 in that ground for an FA Amateur Cup QF. The worst part for me is the ridiculous narrow gap between the fences at one end.

[Daggers]

1 hour ago, Gary Eatfood said:

They once had 13,500 in that ground for an FA Amateur Cup QF. The worst part for me is the ridiculous narrow gap between the fences at one end.

For all of it, my favourite away day this season. 

[CosbehFox]

12 hours ago, Gary Eatfood said:

They once had 13,500 in that ground for an FA Amateur Cup QF. The worst part for me is the ridiculous narrow gap between the fences at one end.

Yeah that was a ground grading insistence. During MFL that fence wasn’t there. 
 

Good job you went Daggers - the club desperately want to leave but the local planners are being overly obtuse. 
 

It’s still in one of the best locations of the division. Beautiful backdrop and lovely village 

[Daggers]

7 hours ago, CosbehFox said:

Beautiful backdrop

It's quite stunning from one end and the side opposite their club house - those hills peppered with fields and sheep. Didn't go into the village though.

[Daggers]

"Kettering Town have appointed James Le Masurier as its new Manager with Kelvin Langmead as his Assistant. Kelvin will continue his playing role.

These appointments are on a permanent basis following a successful interim period."

 

Despite the second half capitulation against the ten men of Alvechurch on Saturday, the last two matches have seen a wholesale resurgence of attitude on the pitch, chalk and cheese from the abysmal displays under Andy Leese - a point of view that he's incandescent about, well, the coverage in the Evening Telegraph anyway.

 

Leese has decided that he is being maligned and has demanded a right to reply in the paper. Given that his deadline of today has not happened, it'll be a giggle to see if he makes good on his threat to take the paper and Peter Short down a legal route.

[LCFCJoe96]

Lewis McGugan sacked as co-manager at Long Eaton United, Brad Munn staying on in sole charge...it's not exactly worked out since they left Loughborough Dynamo in the summer, 4 points from 17 games

Edited 28 November 2023 by LCFCJoe96

[Daggers]

Absolute joke tonight. Every ounce of effort that was there against Mickleover was totally absent again against Nuneaton. 
 

Leese’s signings are such a bunch of gash. 

[Leicesterpool]

Boro win again at Kettering, back into the play off positions. What ive seen in the last 12 games is the best ive seen long in a time from Boro. Even better than last year, yep last year we were up there but the football wasnt great. A lot of narrow wins. This run complete transformation. We look confident and exciting. Interesting considering whats going on behind the scenes. 

Edited 29 November 2023 by Leicesterpool

[filbertway]

9 minutes ago, Leicesterpool said:

Boro win again at Kettering, back into the play off positions. What ive seen in the last 12 games is the best ive seen long in a time from Boro. Even better than last year, yep last year we were up there but the football wasnt great. A lot of narrow wins. This run complete transformation. We look confident and exciting. Interesting considering whats going on behind the scenes. 

Players probably know tthat there contracts are on the line if they don't go up :p

 

[Daggers]

Beating Kettering really isn't any mark of quality. That said, I was jealous of Borough's ability to tackle, pass a ball and shoot.

 

[Leicesterpool]

11 minutes ago, filbertway said:

Players probably know tthat there contracts are on the line if they don't go up :p

 

They already on a 50% pay cut.

[filbertway]

Just now, Leicesterpool said:

They already on a 50% pay cut.

Luckily that's probably still more they'd get elsewhere   

 

Really hoping Coalville can start to chain 4 or 5 wins together. We actually defended well on Saturday and looked like we were trying not to concede so that's giving me hope. We're playing a lot of top half teams in the next couple of months, so basically getting into the play off spots is well in our hands.

[Leicesterpool]

5 minutes ago, filbertway said:

Luckily that's probably still more they'd get elsewhere   

 

Really hoping Coalville can start to chain 4 or 5 wins together. We actually defended well on Saturday and looked like we were trying not to concede so that's giving me hope. We're playing a lot of top half teams in the next couple of months, so basically getting into the play off spots is well in our hands.

Thinking that Stenson was on 1k a week but if hes took that 50% pay cut than that £500 a week is more than what some others pay this level.

 

Kyle Storer what im told is not paid by the club, a sponsor is apparently funding his wages in exchange for sponsorship.

Edited 29 November 2023 by Leicesterpool