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Post by Churton Blue on Oct 11, 2019 16:03:03 GMT
Just wondered if anyone, particularly AVFO, has any info on these three clubs ?
Morcambe FC were bought by Bond Group Investments last year. The registered Directors are Colin Goldring and Jason Whittingham.
Yeovil Town FC have been bought by Errol Pope and Scott Priestnall and it is thought that Pope is supplying the funds.
Last year Worcester Warriors were bought by a four man consortium which included Pope and Jed McCrory former Swindon Town Chairman who now owns Stratford Town FC. This consortium quickly sold the club to Goldring and Whittingham who own Morcambe FC.
Something very odd about all this. Is the same source of funding now behind all four clubs ?
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Post by Churton Blue on Mar 25, 2020 20:48:29 GMT
Just wondered if anyone, particularly AVFO, has any info on these three clubs ? Morcambe FC were bought by Bond Group Investments last year. The registered Directors are Colin Goldring and Jason Whittingham. Yeovil Town FC have been bought by Errol Pope and Scott Priestnall and it is thought that Pope is supplying the funds. Last year Worcester Warriors were bought by a four man consortium which included Pope and Jed McCrory former Swindon Town Chairman who now owns Stratford Town FC. This consortium quickly sold the club to Goldring and Whittingham who own Morcambe FC. Something very odd about all this. Is the same source of funding now behind all four clubs ? For those interested. The associates of those that own Yeovil Town. Link from another thread. www.bbc.co.uk/sport/football/52023754
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Post by Churton Blue on Aug 24, 2022 8:56:02 GMT
Worcester Warriors in serious financial trouble so there must be concern about Morecambe FC who have the same owners. www.bbc.co.uk/sport/rugby-union/62630861Same old story of asset strippers running a professional sports club beyond its means for glory then profit as they acquire land. Similar things going on at Yeovil with a very strange deal involving the Council. gloverscast.co.uk/category/yeovil-town-news/These people are linked and hopefully Sports Minister Nigel Huddleston, whose constituency is part of Worcester, takes notice and decides to take some action in line with the Crouch review.
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Post by highpeakblue on Aug 24, 2022 9:19:39 GMT
People like this, and there are plenty of them, are an existential threat to a football club (or any sporting club) . They know that the desperation of fans for success will make them clutch at any 'white knight'.
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Post by spartacus on Aug 24, 2022 13:04:54 GMT
I have been a supporter of Chester the city of my birth all my life and am a member of the supporters trust number 699. I have lived in Worcester for 40 odd years and have been a ST holder of Warriors for over 25 years. The current situation is tragic. Errol Ppoe appeared along with McCorry and bought the club from the Allen family who owned DHL. Supporters clearly have no say . It was all a bit mysterious although we knew of McCorrys involvement with some unsavory happenings at Hereford FC. There were a lot of misgivings at the time. Shortly after Jason and Colin came along and McCorry left as had Pope, again all a bit odd. When the sale went through Warriors owned 27 acres of land adjacent to junction 6 of the M5, we now apparently own nothing. There have even been so rather dubious land swiches in the last few days. Colin Goldring was up before the law society recently and is barred from working for any law firm. Potentially Warriors was far larger than Morcombe. If I was Yeovil, Morcombe or Stratford Town suppoeter I would be very concerned. Perhaps Jason and Colin should be looked at again to see if they are fit and proper owners ? There appears to be no such governance at PRL or RFU. aka ROLLO
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Post by waggoner on Aug 25, 2022 12:11:10 GMT
I have been a supporter of Chester the city of my birth all my life and am a member of the supporters trust number 699. I have lived in Worcester for 40 odd years and have been a ST holder of Warriors for over 25 years. The current situation is tragic. Errol Ppoe appeared along with McCorry and bought the club from the Allen family who owned DHL. Supporters clearly have no say . It was all a bit mysterious although we knew of McCorrys involvement with some unsavory happenings at Hereford FC. There were a lot of misgivings at the time. Shortly after Jason and Colin came along and McCorry left as had Pope, again all a bit odd. When the sale went through Warriors owned 27 acres of land adjacent to junction 6 of the M5, we now apparently own nothing. There have even been so rather dubious land swiches in the last few days. Colin Goldring was up before the law society recently and is barred from working for any law firm. Potentially Warriors was far larger than Morcombe. If I was Yeovil, Morcombe or Stratford Town suppoeter I would be very concerned. Perhaps Jason and Colin should be looked at again to see if they are fit and proper owners ? There appears to be no such governance at PRL or RFU. aka ROLLO 'Fit and proper' is a bloody very loosely adhered to term when sports clubs are involved. Consortiums are usually 'collaborators' and more often than not partners in crime. I myself have stated that to move forwards at CFC we need investors. This would if it ever happened have to leave at least 50% supporter ownership at a club. A full owner will/can sell to whoever he likes and there is not a thing the fans can do about it. This is where your Vaughans, Moss and other unsavory characters get their foot in the door. Fit and proper? I'm not even sure the Governing bodies of the PL, EFL, Nl or the RFU are fit for purpose never mind any dodgy owners!
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Post by Neil Hunt Nonsense Potter on Aug 25, 2022 13:22:27 GMT
We may be where we are, but the model we have protects us against this. Investors, yes if the right people, but the concern is their ultimate objective, and their exit plan.
My biggest worry would be what happens when the footballing gods don't smile, and the investors don't need the grief or the burden? Who picks up the pieces then.
These pieces of shit who pick apart community assets for profit should be hung from the floodlights. Absolute twats.
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Post by tonya on Aug 25, 2022 22:02:48 GMT
We may be where we are, but the model we have protects us against this. Investors, yes if the right people, but the concern is their ultimate objective, and their exit plan. My biggest worry would be what happens when the footballing gods don't smile, and the investors don't need the grief or the burden? Who picks up the pieces then. These pieces of shit who pick apart community assets for profit should be hung from the floodlights. Absolute twats. The only thing that saved us was the council owned the ground. Vaughan would have ruined us otherwise.
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Post by oldsealandroadender on Aug 26, 2022 1:37:11 GMT
Just look at the situation at Basingstoke Town. Saviour come in as Chairman. Transfers ownership of the ground to another company (also owned by him). Then evicts club from ground, proceeds to seek planning permission to develop the ground, which the local council turns down. Various appeals ensue against the rejection of planning. In the meantime the local paper uncovers a covenant from the original landowner who gifted the ground to the club on the proviso that it remains only as a sports venue for the community until at least 2053.
Further appeals from millionaire chairman. This then goes to some faceless planning official in Central government who ignores local council and legitimate covernent and grants planning permission.
Result: the rich get richer and stuff the local community. He still owns an entity called Basingstoke Town FC (which has no team). The football club, now called Basingstoke Town Community FC, having ground shared 20 miles away then moved back to the town at a facility which has no room for expansion if they move up the pyramid having dropped several levels because of this money grabbing lowlife.
The football club have resigned themselves to the fight being over as they can't afford to fight a millionaire businessman (who has presumably filled several brown envelopes along the way).
It's a familiar story and will keep on happening unless the asset strippers can be stopped from taking over football clubs (and rugby clubs and other sporting entities).
Watch out Wrexham, if they don't get promoted this season the reality TV show (with a two year contract) may well pull out of the financing of the venture. The club don't even own the ground, that belongs to the two people who bought it back from the University. What would they be prepared to do to recoup their investment?
Just asking!
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Post by Lobster on Aug 26, 2022 5:20:17 GMT
I have been a supporter of Chester the city of my birth all my life and am a member of the supporters trust number 699. I have lived in Worcester for 40 odd years and have been a ST holder of Warriors for over 25 years. The current situation is tragic. Errol Ppoe appeared along with McCorry and bought the club from the Allen family who owned DHL. Supporters clearly have no say . It was all a bit mysterious although we knew of McCorrys involvement with some unsavory happenings at Hereford FC. There were a lot of misgivings at the time. Shortly after Jason and Colin came along and McCorry left as had Pope, again all a bit odd. When the sale went through Warriors owned 27 acres of land adjacent to junction 6 of the M5, we now apparently own nothing. There have even been so rather dubious land swiches in the last few days. Colin Goldring was up before the law society recently and is barred from working for any law firm. Potentially Warriors was far larger than Morcombe. If I was Yeovil, Morcombe or Stratford Town suppoeter I would be very concerned. Perhaps Jason and Colin should be looked at again to see if they are fit and proper owners ? There appears to be no such governance at PRL or RFU. aka ROLLO 'Fit and proper' is a bloody very loosely adhered to term when sports clubs are involved. Consortiums are usually 'collaborators' and more often than not partners in crime. I myself have stated that to move forwards at CFC we need investors. This would if it ever happened have to leave at least 50% supporter ownership at a club. A full owner will/can sell to whoever he likes and there is not a thing the fans can do about it. This is where your Vaughans, Moss and other unsavory characters get their foot in the door. Fit and proper? I'm not even sure the Governing bodies of the PL, EFL, Nl or the RFU are fit for purpose never mind any dodgy owners!
Vaughan has got round the fit and proper test repeatedly by putting clubs in other people's names - his kids, siblings, nephews, you name it - but continuing to pull the strings. He's also a user of people like dodgy solicitors, washed-up boxers and others who don't have much going for them. I sensed he did the same with Gary Roberts at Bangor by taking advantage of his career being a mess, then kicking him out for "misconduct" when he'd had enough of him. To be fair, Roberts' conduct seemed impeccable while he was with us.
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Post by Churton Blue on Aug 28, 2022 8:47:46 GMT
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Post by Churton Blue on Sept 11, 2022 9:12:28 GMT
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Post by Churton Blue on Jan 17, 2023 9:54:07 GMT
DCMS report concludes at Worcester Warriors unscrupulous owners mismanaged club finances whilst attempting to strip the club of its assets.
/photo/1
The same thing is happening at Morecambe and Yeovil but nobody is prepared to do anything about it. Football governance failing badly yet again.
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Post by juanpablomaria on Jan 17, 2023 21:05:57 GMT
Scott Priestnall is running Yeovil Town into a housing development. It’s pretty clear even at a distance.
Shortly after the council paid Priestnall’s £2.8m for the ground, Priestnall’s Yeovil paid an “undisclosed fee” to McCrory’s Stratford Town for a young striker named Will Dawes. He didn’t start a game for Yeovil, before moving back to Stratford on loan. Rumours of the transfer fee being the full £2.8m are probably a bit far fetched -, but make of it what you will ….
Morecambe should be worried.
The Worcester scenario provides a pretty strong blueprint for what happens.
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Post by Lobster on Jan 18, 2023 7:37:04 GMT
Scott Priestnall is running Yeovil Town into a housing development. It’s pretty clear even at a distance. Shortly after the council paid Priestnall’s £2.8m for the ground, Priestnall’s Yeovil paid an “undisclosed fee” to McCrory’s Stratford Town for a young striker named Will Dawes. He didn’t start a game for Yeovil, before moving back to Stratford on loan. Rumours of the transfer fee being the full £2.8m are probably a bit far fetched -, but make of it what you will …. Morecambe should be worried. The Worcester scenario provides a pretty strong blueprint for what happens. I'd like to see "undisclosed fees" banned from the game. How much teams are paying for players should be public knowledge.
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Post by Frank Owen’s Paintbrush on Jan 18, 2023 10:26:47 GMT
This government have no interest in the fan-led review of the games governance.
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Post by muffinthemule on Jan 18, 2023 10:33:00 GMT
I sneezed before. It's the government's fault.
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Post by Curva Nord on Jan 18, 2023 10:35:02 GMT
Why should it? If you owned a business would you want your competitors knowing what you buy and sell for? Teams keep it secret for a number of reasons I'd imagine, players % of transfer fee would be one.
Plus they're all private limited companies
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Post by Lobster on Jan 18, 2023 11:33:05 GMT
Why should it? If you owned a business would you want your competitors knowing what you buy and sell for? Teams keep it secret for a number of reasons I'd imagine, players % of transfer fee would be one. Plus they're all private limited companies There are already plenty of rules that apply to general businesses but not sport. Transfer fees in general actually, in what other sector are you not allowed to change employer unless someone pays for you? You could look at Wyll Stanway. As he's under 24, we'd be entitled to a fee for him if he left, but if nobody is willing to pay a fee, he has to stay here until he's 24. Meanwhile, most of us can just hand in a month's notice if we want to leave or change jobs. I always think there are a lot of rules in football that would not stand up if someone seriously challenged them.
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Post by muffinthemule on Jan 18, 2023 13:15:33 GMT
Footballers normally sign contracts with a fixed term of employment. Not many other businesses have employees on a fixed term so they can go when they wish with the relevant notice period.
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Post by Blockhead on Feb 3, 2023 12:50:18 GMT
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Post by Churton Blue on Feb 3, 2023 13:02:14 GMT
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Post by Blockhead on Feb 3, 2023 13:27:22 GMT
Vitanic Limited. The limited filings on Companies House won't fill anyone with confidence.
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Post by Lon on Feb 3, 2023 18:19:40 GMT
If the owners and directors test is fit for purpose surely he gets blocked right?
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Post by oldsealandroadender on Feb 3, 2023 20:14:05 GMT
If the owners and directors test is fit for purpose surely he gets blocked right? But everybody knows the test is not fit for purpose. How many times have there been unsuitable owners for whatever reason. Does anyone actually know what the test consists of and who decides? Or do they ask "Are you an upstanding citizen?" and accept whatever they say.
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Post by Lon on Feb 3, 2023 20:28:12 GMT
If the owners and directors test is fit for purpose surely he gets blocked right? But everybody knows the test is not fit for purpose. How many times have there been unsuitable owners for whatever reason. Does anyone actually know what the test consists of and who decides? Or do they ask "Are you an upstanding citizen?" and accept whatever they say. Yes I know I was being sarcastic!
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Post by avfo on Feb 3, 2023 20:32:17 GMT
If the owners and directors test is fit for purpose surely he gets blocked right? But everybody knows the test is not fit for purpose. How many times have there been unsuitable owners for whatever reason. Does anyone actually know what the test consists of and who decides? Or do they ask "Are you an upstanding citizen?" and accept whatever they say. 'The intention behind this Appendix 3 is to protect the image and integrity of The League and its competitions, the well-being of the Clubs, and the interests of all of the stakeholders in those Clubs, by preventing anyone who is subject to a ‘Disqualifying Condition’ being involved in or influencing the management or administration of a Club. More specifically, Appendix 3: prohibits a person who is subject to a Disqualifying Condition from becoming a ‘Relevant Person’ for any Club for so long as the Disqualifying Condition subsists; requires a person who was already a Relevant Person before the Disqualifying Condition arose to stop being a Relevant Person for so long as the Disqualifying Condition subsists; requires each Club not to permit any person who is subject to a Disqualifying Condition either become a Relevant Person or (if he was already a Relevant Person before the Disqualifying Condition arose) to continue to be a Relevant Person for the Club, for so long as the Disqualifying Condition subsists unless permitted by an order of the League or the League Arbitration Panel; and any person(s) to acquire Control (as defined in Regulation 1) of the Club until such time as the information relating to source and sufficiency of funding has been provided and approved by The League.Appendix 3 also imposes reporting requirements on Clubs and on individuals who are or propose to be Relevant Persons of Clubs, to facilitate The League’s policing and enforcement of these restrictions. For the avoidance of doubt individuals applying under this test will become subject to the League’s Regulations at the point of submission of the Declaration.' www.efl.com/-more/governance/efl-rules--regulations/efl-regulations/appendix-3-owners-and-directors-test/
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