Re: Matthew Ellis Takeover : Wed May 24, 2023 6:42 pm  

Sooner the pair of them leave the better, we have a much better future without them.
Oh before I forget. This £10M + asset has not been provided by those two. Each and everyone one of us that pay our local taxes to WMDC along with all other contributors in the LA ,have contributed to deliver that.
Anyhow, bye bye MC and JM , bring on the new chapter

[PopTart]

Re: Matthew Ellis Takeover : Wed May 24, 2023 6:51 pm  

FIL wrote:

Not on FB, so can someone please paraphrase what MC has said regarding the proposed take-over ??

Sent you PM

Re: Matthew Ellis Takeover : Wed May 24, 2023 6:59 pm  

I seem to remember Carter saying the club would not be applying for the government covid loan available via the RL

[PopTart]

Re: Matthew Ellis Takeover : Wed May 24, 2023 7:02 pm  

lampyboy wrote:

I seem to remember Carter saying the club would not be applying for the government covid loan available via the RL

He said that at the beginning, when we thought it was going to be over by winter. Things change.

Re: Matthew Ellis Takeover : Wed May 24, 2023 7:09 pm  

lampyboy wrote:

I seem to remember Carter saying the club would not be applying for the government covid loan available via the RL

He told everyone the club made a profit the last time the accounts were published. However for some reason he never included the £900,000 covid loan on those accounts.

Re: Matthew Ellis Takeover : Wed May 24, 2023 7:09 pm  

PopTart wrote:

That just can't be right.
If he takes on the loan and the shares there is nothing for them to charge for.

I'll wait to see what the outcome is but sounds like someone has found a snippet of info and tried to make something if it.

Some folk just want to find any excuse to slander Michael Carter

Re: Matthew Ellis Takeover : Wed May 24, 2023 7:23 pm  

Prince Buster wrote:

He told everyone the club made a profit the last time the accounts were published. However for some reason he never included the £900,000 covid loan on those accounts.

Accounts when reported are from previous years the COVID loan will probably show on this year's accounts

Re: Matthew Ellis Takeover : Wed May 24, 2023 7:27 pm  

REDWHITEANDBLUE wrote:

Accounts when reported are from previous years the COVID loan will probably show on this year's accounts

Whatever, just glad it's all over and we move on

Re: Matthew Ellis Takeover : Wed May 24, 2023 7:34 pm  

MOPSEY LIVES ON wrote:

this is correct BUT the trustees of 1873 are, yes you guessed it jm and mc. This apparently was done to stop anyone doing what manny did to the club, however when and if the new owner buys the club as trustees they can charge a rent for which they are asking 200 grand a year to use the stand, add to that 200 grand a year repayment to the council, the directors loans which they are realy in no position to take and I'm also led to believe we took a massive covid loan which mc said we didn't. If the new owner pulls this deal then jm and mc are left to pay the bills and as I look at the current situation we're skint.

You actually know nothing, you're putting 2 and 2 together to make 5. How about you just wait and see how it plays out instead of the wild speculation and shabby accusations and innuendo?

Re: Matthew Ellis Takeover : Wed May 24, 2023 7:35 pm  

all most fans want is some HOPE, hopefully a new chapter is here shortly where the club and team make this city proud again