davieG Posted 3 January 2007 Author Posted 3 January 2007 Yes, their wage bill was high, but no more than average for the top flight, and their record buy is still the £5million paid to Wolves for Ade Akinbiyi. And as he's never spent more than £2 mill on a player is not going to change any day soon!
Finnegan Posted 3 January 2007 Posted 3 January 2007 I'm pretty sure that 'Milan-ium' is the best thing I've read all day.
Swedging Posted 3 January 2007 Posted 3 January 2007 Billy's agenda/brief is quite clear - to force through a deal before James Johnson returns from Oz and starts spilling the beans about the true nature of Mandy's bid. A lot presumably depends on how much fuss Johnson wants to make. Since his area of expertise is apparently: "Corporate banking, but in particular leveraged and acquisition finance, workouts, restructurings and structured finance," you would expect some of the other shareholders to listen to him if he makes a stand.
Kilworthfox Posted 3 January 2007 Posted 3 January 2007 A lot presumably depends on how much fuss Johnson wants to make. Since his area of expertise is apparently: "Corporate banking, but in particular leveraged and acquisition finance, workouts, restructurings and structured finance," you would expect some of the other shareholders to listen to him if he makes a stand. Who's this then for those who ain't in the no?
Mort Posted 3 January 2007 Posted 3 January 2007 Ah to live in Ultra and Swedging's little world where LCFC still have a future and are not slowly (well not all that slowly to be honest) heading towards relegation and adminisration... it's a wonderful thing being delusional I'm sure but mixing it with paranioa and plain bloody mindedness strikes me as a very sad state of affairs No one has said MM is the messiah, he simply provides leadership and security for the club, its that or collapse (or at least somthing not too distant from collapse) within the next two to three years... take you pick.
Swedging Posted 3 January 2007 Posted 3 January 2007 Who's this then for those who ain't in the no? He's the director who has resigned.
Swedging Posted 3 January 2007 Posted 3 January 2007 Ah to live in Ultra and Swedging's little world where LCFC still have a future and are not slowly (well not all that slowly to be honest) heading towards relegation and adminisration... it's a wonderful thing being delusional I'm sure but mixing it with paranioa and plain bloody mindedness strikes me as a very sad state of affairs I don't know quite why you feel the need to chuck in a load of personal abuse over a piece of analysis that is neither for or against Mandaric.
Ultra Posted 3 January 2007 Posted 3 January 2007 Ah to live in Ultra and Swedging's little world where LCFC still have a future and are not slowly (well not all that slowly to be honest) heading towards relegation and adminisration... it's a wonderful thing being delusional I'm sure but mixing it with paranioa and plain bloody mindedness strikes me as a very sad state of affairs No one has said MM is the messiah, he simply provides leadership and security for the club, its that or collapse (or at least somthing not too distant from collapse) within the next two to three years... take you pick. Reading your post, I'd suggest you're not in a position to accuse ANYONE of "paranoia" or "delusions". Whether MM can give us the leadership we need depends largely on who he brings in to replace Kelly as manager. At present, though, he seems to have confidence in Kelly's abilities. This raises serious questions about his judgement before the takeover's even gone through. Security? I very much doubt it. A structure giving total power to someone with no previous affinity to either the club or the community it serves is hardly reassuring for the long term future of the club. Even if he decides to walk away there will be other buyers waiting in the wings. Just because you and a few others may choose to swallow tabloid propaganda doesn't mean that the rest of us have to.
Phube Posted 3 January 2007 Posted 3 January 2007 Woo Hoo 3000 posts!!!! (well 3003 now!!!) This deserves a banana dance!!! :banana:
lookwhaticando Posted 3 January 2007 Posted 3 January 2007 Woo Hoo 3000 posts!!!! (well 3003 now!!!) This deserves a banana dance!!! :banana: Beaten to it by Phube. Slacker I am. I see there's still just the article in the local rag, this supposed development hasn't reached the nationals yet?
Kilworthfox Posted 3 January 2007 Posted 3 January 2007 He's the director who has resigned. ok so he has resigned in protest so I have read. So he resign's from the board but he must still have shares that he will be unwilling to sell then. If so he will not sell his shares. Wonder why? In my time supporting the club there has always been a feeling that those with control of the club have been there for some small staus symbol within the local community. People like George, Smeaton, Walker, Elsom have never dipped into their pockets when success was needed or asked. The last 2 with poor financial / manager choices especially! Is Mr Johnson going to put up some money? Change my views on a board which has always left the supporters, and club lacking in backing where funds were concearned. If not then balls to him let him have his paddy, I could not care less if the regime gets screwed by Milan because in my eyes this moment is a small retrebution for YEARS of underachieving for a big city and large support. I have had to see small clubs prosper under leadership with money from clubs like Reading, Wigan, Blackburn, Middlesborough, Fulham, Leicester is a club with greater potential than all of these teams with their prem football and half empty grounds. This is a result of years of negligance its all been down to the boards. The 1 time that I remember that we were any good was under MON and they still naffed it up not giving him the 20 mil but Taylor, well thank you and good night!
Ultra Posted 3 January 2007 Posted 3 January 2007 MON would still have left us for Celtic, whatever money we offered him. At least the present board cared enough about the club to keep us in business, and spent their own money in doing so. That's more than Mandy seems likely to do.
lookwhaticando Posted 3 January 2007 Posted 3 January 2007 It's a tough decision, it really is. A bunch of blokes who saved the club with their own money, and seemingly little idea of how to run a club successfully... Or a mutli-millionaire with the financial muscle to back the club up, some leadership skills and a track record in English football?
lcfc_jme Posted 3 January 2007 Posted 3 January 2007 It's a tough decision, it really is. A bunch of blokes who saved the club with their own money, and seemingly little idea of how to run a club successfully... Or a mutli-millionaire with the financial muscle to back the club up, some leadership skills and a track record in English football? I wouldn't like to be faced with that decision The inevitability of continuing to slide down the league towards relegation and financial meltdown, or a chance to fight and climb the league with a view of returning to the Premiership in a few years. Headaches all round for the board and shareholders methinks
lookwhaticando Posted 3 January 2007 Posted 3 January 2007 Rumour has it Worthington is being lined up as boss in the event of a successful takeover. He's experienced, having managed for hundreds of games. Also, he took Norwich to promotion before, so it's looking pretty good I'd say. As far as the 'view to promotion' goes.
Stevosevic Posted 3 January 2007 Posted 3 January 2007 Rumour has it Worthington is being lined up as boss in the event of a successful takeover. He's experienced, having managed for hundreds of games. Also, he took Norwich to promotion before, so it's looking pretty good I'd say. As far as the 'view to promotion' goes. are you having a laugh? i live in Norwich and they dont have a good word to say about the bloke, if you want a manager who lacks character, motivational skills and enthusiasm then yeh, hire Worthington. his tactics are worse then Kelly's and he is even more stubborn when things go wrong in his reluctancy to change things. looking pretty good? hardly
Ultra Posted 3 January 2007 Posted 3 January 2007 It's a tough decision, it really is. A bunch of blokes who saved the club with their own money, and seemingly little idea of how to run a club successfully... Or a mutli-millionaire with the financial muscle to back the club up, some leadership skills and a track record in English football? Financial muscle? Without question, but will he use it? Leadership skills? Hmmm, better ask Graham Rix, Alain Perrin, among others.. Track record in English football? This is the guy who's won fewer trophies than Tom Smeaton . (shame on those who post on here and ask who Tom Smeaton was..)
lookwhaticando Posted 3 January 2007 Posted 3 January 2007 Financial muscle? Without question, but will he use it? Leadership skills? Hmmm, better ask Graham Rix, Alain Perrin, among others.. Track record in English football? This is the guy who's won fewer trophies than Tom Smeaton . (shame on those who post on here and ask who Tom Smeaton was..) He might not use his own financial muscles. With plenty of security, he can borrow instead if that suits him. Current board can't to the same extent. I do agree with the sentiment "will he use it?" - he might not. But he could if he wanted to, which is the difference here. Mostly. Perhaps his choice of manager is shaky at time. Then again, the current board have hardly set the footballing world alight. Basset/Wilkinson/Levein/Kelly being the management employed at one time or another. Adams don't count, he was here before the board. Track record not in pure footballing terms as you well know. He took a bankrupt club and turned them around. Perhaps the timing and circumstances were a little fortuitous, but he did it nonetheless. Realistically, he's not the man to look to for trophies - he's not a big spender. But he's a better bet for top-flight football, which I think is what most fans want for the club more than anything. PS: Who the bloody hell is Tom Smeaton? lol ;) :D
James. Posted 3 January 2007 Posted 3 January 2007 Financial muscle? Without question, but will he use it? Leadership skills? Hmmm, better ask Graham Rix, Alain Perrin, among others.. Track record in English football? This is the guy who's won fewer trophies than Tom Smeaton . (shame on those who post on here and ask who Tom Smeaton was..) will he use it...? of course he will, he's not buying a footbal club for a laugh, it's an investment that will take sustained financial backing over a long period of time. better ask graham rix....? i'd ask the pompey fans. fewer trophies, blah blah...? a good track record isn't simply a function of how many trophies you've won, it's about what has been achieved at a football club. establishing pompey in the premiership goes down as a pretty good achievement to me.
Louise Posted 3 January 2007 Posted 3 January 2007 RL are reporting that the EGM will be called within the next few days. They also 'reveal' that James Johnson has resigned.
reynard Posted 3 January 2007 Posted 3 January 2007 Reading your post, I'd suggest you're not in a position to accuse ANYONE of "paranoia" or "delusions". Whether MM can give us the leadership we need depends largely on who he brings in to replace Kelly as manager. At present, though, he seems to have confidence in Kelly's abilities. This raises serious questions about his judgement before the takeover's even gone through. Security? I very much doubt it. A structure giving total power to someone with no previous affinity to either the club or the community it serves is hardly reassuring for the long term future of the club. Even if he decides to walk away there will be other buyers waiting in the wings. Just because you and a few others may choose to swallow tabloid propaganda doesn't mean that the rest of us have to. and exactly who are these others waiting in the wings? they seem to be pretty hard to see at the moment. after all there have been rumours of mysterious americans and that always hard to spot "local consortium" but none have dared to stick their head above water at a time when they would be most listened to and as the board declared that MM was their prefered bidder i find it hard to believe there are any other very interested parties. but then again maybe Mr.Johnson will surprise us all a ride along on his white horse loaded down with bags of his personal dosh! and as for MM sticking by kelly it's hardly surprising is it? he's hardly going to say oh by the way if i buy the club all you lot can just get stuffed. he may well change things immediately but no idiot would say so in advance.
Babylon Posted 3 January 2007 Posted 3 January 2007 ok so he has resigned in protest so I have read. So he resign's from the board but he must still have shares that he will be unwilling to sell then. If so he will not sell his shares. Wonder why? In my time supporting the club there has always been a feeling that those with control of the club have been there for some small staus symbol within the local community. People like George, Smeaton, Walker, Elsom have never dipped into their pockets when success was needed or asked. The last 2 with poor financial / manager choices especially! Is Mr Johnson going to put up some money? Change my views on a board which has always left the supporters, and club lacking in backing where funds were concearned. If not then balls to him let him have his paddy, I could not care less if the regime gets screwed by Milan because in my eyes this moment is a small retrebution for YEARS of underachieving for a big city and large support. I have had to see small clubs prosper under leadership with money from clubs like Reading, Wigan, Blackburn, Middlesborough, Fulham, Leicester is a club with greater potential than all of these teams with their prem football and half empty grounds. This is a result of years of negligance its all been down to the boards. The 1 time that I remember that we were any good was under MON and they still naffed it up not giving him the 20 mil but Taylor, well thank you and good night! Because he is on the board doesn't mean he has shares. He may well have, anyone have the list of shareholders to hand?
lookwhaticando Posted 3 January 2007 Posted 3 January 2007 Because he is on the board doesn't mean he has shares. He may well have, anyone have the list of shareholders to hand? Johnson had 175,000 as of September '05. Linky linky
Babylon Posted 3 January 2007 Posted 3 January 2007 Johnson had 175,000 as of September '05. Linky linky How many lcfc shares are there in total and what percentage does he hold???? Are there about 6.4m shares (the amount of cash put into the new company)... That's about 3% is it not.
He's not bald Posted 3 January 2007 Posted 3 January 2007 Johnson had 175,000 as of September '05. Linky linky Johnson resigned because he opposed MM's deal,pure and simple,for his own reasons,no hidden agenda. My god this is getting bad...when are Moulder and Scully going to start posting?
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