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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
Enoch Mort
You have a pm
A benefit of membership is the opportunity to get members questions raised at meetings with CCFC executives. Having a pm is not the same thing but better than nothing. Like our football club the Trust needs to raise its game.
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
Since62
I would love to have done as you suggest but had very little time and was distracted by pressures in my day job which sometimes gets in the way of my entirely voluntary role at the Trust. Sometimes that is inevitable but still disappointing when it happens
But it happens all the time and it takes minutes to send a note. There are enough us that would help but that needs communication and delegation. I’m not sure what, if any, committees the Trust Board has, but it definitely needs better engagement with its members.
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
Since62
As I understand it the position on the three claims is as follows
Sam’s claim is that he is owed £15 m because his exit deal gave him the right to a life presidency of the club and the right to rejoin the executive board and take part in decision making. The club say that he was given the life presidency role but it was only a titular role and that the agreement gave no executive powers at all.
Michael Isaac’ claim is based on his assertion that his 2% shareholding in the club is worth £10m and was lost when Vincent Tan took more shares by his debt to equity conversion. If 2% of the club is worth £10m that would make the whole club worth £500m. Really?
The club has always maintained the view that Nantes and the actions of the ( unlicensed)intermediary they used in the deal caused the transfer to be nul and void. FIFA disagreed with this view, hence the full legal case being taken to CAS. The meeting was told that Nantes have asked for various adjournments of the CAS hearing and are yet to provide the paperwork to support their claim.
On the Isaacs case, it is incredible that someone purpotedly from a finance background has got this wrong. Isaacs owned more than 2% of the club before his shares were diluted. His claim is, surely, that his shares were worth £10m at the time that he owned 10% before Tan then diluted them to take control of the club. He isn't claiming the club is worth £500m. He is claiming that his shares were worth £10m before Tan devalued each and every share he owned by bringing out a new share ownership.
On the Sala case, the guy was on a plane ready to come to Wales to play a game within 48 hours. Are the club saying he wouldn't have played that game at the time? And didn't the club say that "once a bluebird, always a bluebird" at the time of huge media attention?
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
Divine Wright
Why ?
So that there is some thought put into the direction the club is going to take.
So that when one manager leaves and another joins we don't have to rip it up and start again......I hope to God you're not as dumb as you make out.
If they don't want bleed money from the club then sack Mehmet or (even though he seems like a nice guy) Choo.
Been watching tele
These are their words not mine.
PS:----- Not the "been watching tele", but the WHY
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
lisvaneblue
But it happens all the time. There are enough us that would help but that needs communication and delegation. I’m not sure what, if any, committees the Trust Board has, but it definitely needs better engagement with its members.
Point taken and noted we can always seek to improve communication.
The Trust has no committees.
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
Chris Pontprennau Blues
Was it just the coach drivers invited to this call Tone or any average fans :hehe:
Trust, Supporters club committee, Disabled, and travel club members. Plus press
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
lisvaneblue
An e-mail to Trust members is the way to do it, not by posting on CCMB in the hope that we see it. One of the Trust's core USP's as part of membership is to give members a chance to get their questions to the CCFC executive.
Sad to say the Trust is going the same way as the Club....no long term plan....and if there happens to be one then share it
I'm not a member of the trust, if that is directed at me. :thumbup:
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
delmbox
Sorry to be dim here but the director of football question - is that them saying we're going to get one and you saying WHY because you disagree with it? Or was the question about getting a director of football and they replied with WHY because they say we don't need one?
THEM
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
lisvaneblue
Y
As you say, you knew there was going to be a meeting, but as usual no communication to ask if the opportunity arose what questions do members want raised. An e mail to members would have taken as long as it’s taken to write this response.ie minutes.
The members deserve better.
The way the Club is run really leaves much to be desired.
So a, 'meeting,' was deemed needful with the Club's fans. I wonder what prompted this vital transformation in thinking from those in the corridors of power. It couldn't be a WoL article, could it? Secondly, what were the qualifications to deem those invited worthy of admittance to this meeting?
Clearly the worthy are of far more importance in the eyes of the Club than Shareholders of the Club who are ignored. I'd write to the Club but there's no point. I'm still waiting a reply to a letter I sent 5 yrs ago.
StT.
<><
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
Allez Allez Allez
On the Isaacs case, it is incredible that someone purpotedly from a finance background has got this wrong. Isaacs owned more than 2% of the club before his shares were diluted. His claim is, surely, that his shares were worth £10m at the time that he owned 10% before Tan then diluted them to take control of the club. He isn't claiming the club is worth £500m. He is claiming that his shares were worth £10m before Tan devalued each and every share he owned by bringing out a new share ownership.
On the Sala case, the guy was on a plane ready to come to Wales to play a game within 48 hours. Are the club saying he wouldn't have played that game at the time? And didn't the club say that "once a bluebird, always a bluebird" at the time of huge media attention?
It's much deeper and more complicated, than your 2nd paragraph, about Sala.
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Re: The MEETINGS MAIN POINTS
Did Mehmet Dalman explain the 6 month contract for Mick McCarthy?
What are they expecting to do in the summer? What are they doing between now and then to prepare for that decision?
Is it a case of MM winning a longer contract with performance, or are they looking to bring in a manager for the medium and long term?
Or is there no plan?
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
jon1959
Did Mehmet Dalman explain the 6 month contract for Mick McCarthy?
It's 6 months
What are they expecting to do in the summer? What are they doing between now and then to prepare for that decision?
It depends on where we finish and what both parties want.
Is it a case of MM winning a longer contract with performance, or are they looking to bring in a manager for the medium and long term?
It's a possibility
Or is there no plan?
You sound like BLACKADDER :hehe:
The plan is to avoid relegation
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Re: The MEETINGS MAIN POINTS
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Re: The MEETINGS MAIN POINTS
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Originally Posted by
BLUETIT
You sound like BLACKADDER :hehe:
The plan is to avoid relegation
That's cunning.
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
BLUETIT
THEM
THEM WHAT? Disagreeing with it or suggesting it?? :cry:
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
delmbox
THEM WHAT? Disagreeing with it or suggesting it?? :cry:
Actually don't worry, I've read the Trust statement now
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
BLUETIT
You sound like BLACKADDER :hehe:
The plan is to avoid relegation
Good plan .
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
delmbox
THEM WHAT? Disagreeing with it or suggesting it?? :cry:
It's their words not mine.
Although, I think a DOF, is a complete and utter waste of funds. What ever happened to that one Spurs had, who recommended all those donkeys (i apologize to all donkeys) :hehe:
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
ninian opinian
"MD freely admitted that they did not but the appointment of MM would buy them time to put one in place"
"When the possibility of bringing in at board level a Director of Football with significant experience MD was lukewarm about the idea."
This is bad.
Firstly, the people who will put this strategy in place over the next six months (what have they been doing for the last 5,6,7 years) is Mehmet and Choo. Two people who do not have the knowledge to carry out such a task. Or at least that's how this reads.
No DOF. Personally , I think that is exactly what they need considering the amount of managers that go through this club.
At least we have some crumbs of info.
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
jon1959
Did Mehmet Dalman explain the 6 month contract for Mick McCarthy?
What are they expecting to do in the summer? What are they doing between now and then to prepare for that decision?
Is it a case of MM winning a longer contract with performance, or are they looking to bring in a manager for the medium and long term?
Or is there no plan?
Presumably both options are open at this point, but I do wonder if they've penciled in end of season interview with Mick to see what he wants to do next rather than just giving him the job if he wins more games than he loses.
There seems to be a greater commitment to youth now. About a year ago, pre-covid, there was a headline considering to upgrade to Cat A Academy status - is this still part of the plans and when can we expect the next step in this process to be taken?
From the outside, it appears that the squad lacks balance with some positions stacked with options (Ralls, Vaulks, Bacuna all being similar) and others seriously lacking (lack of RB cover, lack of fast and mobile midfielder who can pass). At the same time, long and presumably costly contracts were given out with expensive fees paid when coming down from premier league but that squad has now twice hit run of form that has seen two managers sacked/effectively sacked. If transfer committee is working effectively, what lead to these two scenarios and what lessons have been learnt?
Brexit means that number of leagues that new players can come from has been reduced. How does that effect us? What is our scouting system based on?
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
BLUETIT
It's their words not mine.
Although, I think a DOF, is a complete and utter waste of funds. What ever happened to that one Spurs had, who recommended all those donkeys (i apologize to all donkeys) :hehe:
With the Bale money? Yeah only Lamela and Eriksen were decent buys, DOF can work in some cases though, we certainly need a broader long term vision for the club
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
Since62
As I understand it the position on the three claims is as follows
Sam’s claim is that he is owed £15 m because his exit deal gave him the right to a life presidency of the club and the right to rejoin the executive board and take part in decision making. The club say that he was given the life presidency role but it was only a titular role and that the agreement gave no executive powers at all.
Michael Isaac’ claim is based on his assertion that his 2% shareholding in the club is worth £10m and was lost when Vincent Tan took more shares by his debt to equity conversion. If 2% of the club is worth £10m that would make the whole club worth £500m. Really?
:hehe::hehe::hehe:
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
BLUETIT
Had my lamb roast dinner and noticed no-one has posted anything about this afternoon, so here goes.
Club losing £3 a month at the moment and have asked for £8 million, from the £250 million slush fund
Director of Football, WHY ! They already have their committee in place and want to go down the road of buying younger players to bring the age of the squad down. Plus possibly earn cash from sell ons.
Mick is looking at the squad and the academy, before making any player requests. He is impressed with some of the academy players in his short time here (I think he's been in background longer)
Sam Hamman is after £15 million, Michael Issacs is after £10 million, keep an eye on the press
Vinnie had a good offer to sell the club, but told um to take a hike.
Shirt sponsorship, 5 deals being looked at.
Ken thanked the fans for paying their £10 to watch the games and said every little helps. He stated, "PLEASE CONTINUE" to watch
Melmet added,like the fans, we do not like seeing the team lose ! Something had to give.
If he had a good offer he can’t be losing too much money or sleep over it......:hehe:
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
BLUETIT
It's much deeper and more complicated, than your 2nd paragraph, about Sala.
Well, you were privy to the information, why not enlighten us?
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
BLUETIT
Mehmet, cannot understand this vitriol against Vincent Tan. The man is keeping us going
He hardly gets much grief does he? If anything people question his ability to get the right people running the business, should we be losing three million a month?
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
Allez Allez Allez
Well, you were privy to the information, why not enlighten us?
It's an ongoing case, with the club compiling more evidence all the time.
Obviously we were not told the specifics, as it's ongoing.
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
goats
He hardly gets much grief does he? If anything people question his ability to get the right people running the business, should we be losing three million a month?
Most clubs are
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
NYCBlue
:hehe::hehe::hehe:
Isaacs owned, I think, 10% of the club before Tan diluted his shares so that Isaac only owned 2% of the club.
Quote:
He said a number of issues had arisen, including: whether Tan "procured the dilution" of Isaac's shareholding; whether a March 2014 loan of £7.5 million, recorded as lent by Tormen Finance Inc, was "in fact advanced by Mr Tan" but "falsely recorded" in the club's financial records; whether Mr Tan was responsible for "wrongly removing" Isaac from his position as a director of the company; whether Tan "threatened" Isaac with "a Christmas message"; and whether Tan "procured the club" to issue and pursue a "vindictive claim" against Isaac.
https://www.walesonline.co.uk/sport/...court-18365243 - June 2020.
That sounds a long way from Since62's assertion that Isaacs claims the club is worth £500m! Isaacs is claiming his shares were worth £10m at the point that they were diluted.
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
goats
He hardly gets much grief does he? If anything people question his ability to get the right people running the business, should we be losing three million a month?
Tan gets no grief at all. Although, for once, some people are starting to question the long-term plan that he has which is amusing considering everything he has done hitherto has been very much short term thinking.
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
Allez Allez Allez
Tan gets no grief at all. Although, for once, some people are starting to question the long-term plan that he has which is amusing considering everything he has done hitherto has been very much short term thinking.
Except the multiple Houses of Sport, increased stadium capacity, plans for new training base for youth teams of course. Most of what Tan has done has benefited us in the short term only but there have been some things thinking longer term.
What did happen with our Vale of Glamorgan training facility though?
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
surge
Except the multiple Houses of Sport, increased stadium capacity, plans for new training base for youth teams of course. Most of what Tan has done has benefited us in the short term only but there have been some things thinking longer term.
What did happen with our Vale of Glamorgan training facility though?
The increase in capacity was badly needed, fair play.
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
jon1959
Did Mehmet Dalman explain the 6 month contract for Mick McCarthy?
What are they expecting to do in the summer? What are they doing between now and then to prepare for that decision?
Is it a case of MM winning a longer contract with performance, or are they looking to bring in a manager for the medium and long term?
Or is there no plan?
I'm pretty resigned to Mick getting a 2 year deal if he gets us top half
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
Allez Allez Allez
The increase in capacity was badly needed, fair play.
Wasn't it needed to attract the UEFA Super Cup that one year? If yes it increased our profile on world stage and increased revenue throughout the second premier league season.
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
Allez Allez Allez
Isaacs owned, I think, 10% of the club before Tan diluted his shares so that Isaac only owned 2% of the club.
https://www.walesonline.co.uk/sport/...court-18365243 - June 2020.
That sounds a long way from Since62's assertion that Isaacs claims the club is worth £500m! Isaacs is claiming his shares were worth £10m at the point that they were diluted.
Without Tan Isaac's shareholding would be worth **** all.
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Re: The MEETINGS MAIN POINTS
I do wonder if a DoF would be a better communicator at these things (and hopefully they're going to continue) than Dalman though. Presumably he does good work behind the scenes but each statement seems to diminish his reputation.
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
Allez Allez Allez
On the Isaacs case, it is incredible that someone purpotedly from a finance background has got this wrong. Isaacs owned more than 2% of the club before his shares were diluted. His claim is, surely, that his shares were worth £10m at the time that he owned 10% before Tan then diluted them to take control of the club. He isn't claiming the club is worth £500m. He is claiming that his shares were worth £10m before Tan devalued each and every share he owned by bringing out a new share ownership.
On the Sala case, the guy was on a plane ready to come to Wales to play a game within 48 hours. Are the club saying he wouldn't have played that game at the time? And didn't the club say that "once a bluebird, always a bluebird" at the time of huge media attention?
You are quite right about the Michael Isaac shareholding dilution- I was reporting on what was said by Mehmet Dalman at the meeting.
On checking the figures this evening, MI held approximately 11.4% of the shares in issue as at August 2011. As a result of new share issues and debt to equity conversions by Vincent Tan this has diluted greatly.As per an Annual Return in October 2020 there were just over 946m shares in issue of which nearly 930m were in the name of Vincent Tan (98%). Michael Isaac’s 11.2m shares now represent only just over 1% of the total.
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Re: The MEETINGS MAIN POINTS
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
City123
I'm pretty resigned to Mick getting a 2 year deal if he gets us top half
Got to admire the club. We hired MM to give us time to implement a long term plan.
Do you have a plan? No. Are you going to make a plan? No.
:hehe:
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Re: The MEETINGS MAIN POINTS
https://www.90min.com/posts/6272660-...premier-league
I think even this list is a bit dated....I think pretty much every Premier League team and probably the majority of Europe's elite teams have a DOF.
Saying a DOF is a waste of money is a bit like saying that you don't need a good dietician or sports psychologist.
..........I hope Mehmet and Choo are right and the rest of Europe's top teams are wrong.
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Re: The MEETINGS MAIN POINTS
Quote:
Originally Posted by
Allez Allez Allez
The increase in capacity was badly needed, fair play.
Got Welsh football back into a "FOOTBALL STADIUM"
