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Thread: More debt announced

  1. #1
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    More debt announced

    To Crawley for Kewell, and Wycombe for CMS.
    its getting darker.

  2. #2
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    Quote Originally Posted by marshall55 View Post
    To Crawley for Kewell, and Wycombe for CMS.
    its getting darker.
    Source?

  3. #3
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    Quote Originally Posted by marshall55 View Post
    To Crawley for Kewell, and Wycombe for CMS.
    its getting darker.

    I was told when AH took over the club that he was a good choice because he was a sound businessman who's companies didn't have any debt. Turns out his financial acumen is akin to a 12 year old given free reign with a credit card.

  4. #4
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    Quote Originally Posted by MagpieMike View Post
    Source?
    https://www.nottinghampost.com/sport...-money-2972544

  5. #5
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    Izale Mcleod, Enzio, Harry Kewell.

    Never in the history of human endeavour was so much money paid to one club for so little.

  6. #6
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    Quote Originally Posted by theory_extinct View Post
    I was told when AH took over the club that he was a good choice because he was a sound businessman who's companies didn't have any debt. Turns out his financial acumen is akin to a 12 year old given free reign with a credit card.
    He probably share John McDonnell's Abacus as well.

  7. #7
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    Oh for ****'s sake. We owe money to a club because we took their manager, whom we then sacked 10 weeks later despite results being OK. Classic Notts.

    And why the hell do we owe Wycombe money? Why were we signing players we couldn't afford?

    It's just endless. I've never known such rank incompetence. If you tried to make more of a mess than Hardy has, you'd struggle. It's just mind-boggling.

    We absolutely deserve to be where we are - not the fans, of course, but the club as a business. It's been run by absolute amateurs for years.

  8. #8
    What an absolute buffoon Hardy has turned out to be. How he can get out of bed in a morning i do not know. In some ways I feel very sorry for him, no matter how thick his skin and despite his arrogance he must now surely be cringing at his past actions and the effect they have had on so many people, Paragon employees, Notts fans and probably most pertinently his family. It can't be comfortable living with that knowledge and nothing he does now will buy him any credibility in this region for a long time to come. I think he genuinely meant well when he bought the club and promoted the it well initially. How and why it went so badly wrong are question that will probably remain unanswered. He's not the first person to ruin a football club and he won't be the last. His last action will hopefully be a positive one, ensure the club is sold to credible buyers (assuming there are any) who have an appreciation for what a football club means to a community.

  9. #9
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    Just to play Devil's Advocate and calm down for a moment, do we even know that these apparent debts to Crawley and Wycombe have not already been included in the known debts and disclosed to potential purchasers? The Matt Davies story doesn't appear to specify that they are 'newly discovered', undisclosed' or even confirmed debts after all.

    "Notts County are understood to owe money to both Crawley Town and Wycombe Wanderers"

    "The Magpies are believed to still be in debt to Crawley over the compensation package agreed when they appointed Harry Kewell, who signed a three-year deal but was sacked 10 weeks later in November.

    His replacement, Neal Ardley, signed veteran striker Mackail-Smith on loan until the end of the season, but Wycombe are understood to still be waiting for cash related to that deal."
    Last edited by SwalePie; 13-06-2019 at 01:34 PM.

  10. #10
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    Quote Originally Posted by SwalePie View Post
    Just to play Devil's Advocate and calm down for a moment, do we even know that these apparent debts to Crawley and Wycombe have not already been included in the known debts and disclosed to potential purchasers? The Matt Davies story doesn't appear to specify that they are 'newly discovered', undisclosed' or even confirmed debts after all.

    "Notts County are understood to owe money to both Crawley Town and Wycombe Wanderers"

    "The Magpies are believed to still be in debt to Crawley over the compensation package agreed when they appointed Harry Kewell, who signed a three-year deal but was sacked 10 weeks later in November.

    His replacement, Neal Ardley, signed veteran striker Mackail-Smith on loan until the end of the season, but Wycombe are understood to still be waiting for cash related to that deal."
    Please keep all rational and reasonable thoughts regarding NCFC to yourself, this board is for speculation and pessimism only

    jees we may need an oversight committee for modding the mod and his wild theories

  11. #11
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    Quote Originally Posted by SwalePie View Post
    Just to play Devil's Advocate and calm down for a moment, do we even know that these apparent debts to Crawley and Wycombe have not already been included in the known debts and disclosed to potential purchasers? The Matt Davies story doesn't appear to specify that they are 'newly discovered', undisclosed' or even confirmed debts after all.

    "Notts County are understood to owe money to both Crawley Town and Wycombe Wanderers"

    "The Magpies are believed to still be in debt to Crawley over the compensation package agreed when they appointed Harry Kewell, who signed a three-year deal but was sacked 10 weeks later in November.

    His replacement, Neal Ardley, signed veteran striker Mackail-Smith on loan until the end of the season, but Wycombe are understood to still be waiting for cash related to that deal."
    The debts were presumably documented and hopefully no surprise to anyone doing Due Diligence. It is the mere fact that the club/AH were carrying out these activities with the clear likelihood that they were unable/unwilling to pay unless there is/was a timeframe agreed at the time, and even then, pure gambling. This was last Aug/Sep and if the finances were in such a state then why the hell were further commitments being made?

    It's alright to speculate to accumulate but firstly you need the spondulas to do that. Irresponsible and desperate are the words that spring to mind if putting a kind twist to it.

  12. #12
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    I wonder what price was agreed for Kewell and did we pay compensation to Luton too for Hart?

  13. #13
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    Quote Originally Posted by McCullochisGod View Post
    I wonder what price was agreed for Kewell and did we pay compensation to Luton too for Hart?
    We payed 100,000 for Kewell according to Crawley's accounts

  14. #14
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    So Kewell cost us roughly 13k a week then.

    Just shows what a moron Hardy is basically put the club at risk for gloating purposes.

  15. #15
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    Quote Originally Posted by legs77 View Post
    So Kewell cost us roughly 13k a week then.

    Just shows what a moron Hardy is basically put the club at risk for gloating purposes.
    If the 100k figure is correct, apparently it was from a fan forum/AGM so I'm assuming it is somewhat accurate

  16. #16
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    Quote Originally Posted by legs77 View Post
    So Kewell cost us roughly 13k a week then.

    Just shows what a moron Hardy is basically put the club at risk for gloating purposes.
    The penny has finally dropped with some people I see.....

  17. #17
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    Quote Originally Posted by McCullochisGod View Post
    The penny has finally dropped with some people I see.....
    I have been wise to him for a while mate.

    I am no businessman but surely if you get 100 in you dont spend more than 100 for example as if you arent very good you will lose out that is the simple way of saying it.

    Also I am with you on youth player comments I get angry when we dont give them a chance but spend money on deadbeats who have had 10 clubs in 10 years like Enoch.

    Hopefully he is gone soon and we still have a club.

  18. #18
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    We could soon sort the Crawley Debt, Give em Enzio ....

  19. #19
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    Quote Originally Posted by durhampie View Post
    We could soon sort the Crawley Debt, Give em Enzio ....
    Durham even Crawley ain't that Stupid.

  20. #20
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    Quote Originally Posted by legs77 View Post
    I have been wise to him for a while mate.

    I am no businessman but surely if you get 100 in you dont spend more than 100 for example as if you arent very good you will lose out that is the simple way of saying it.

    Also I am with you on youth player comments I get angry when we dont give them a chance but spend money on deadbeats who have had 10 clubs in 10 years like Enoch.

    Hopefully he is gone soon and we still have a club.
    I wasn't having a go at you legs. Just reminding all the mugs that slagged me off (which I find amusing) when they couldn't see what was going to happen, believing Hardy was a saviour when he's just an arrogant idiot. It was so obvious and yes there have been decent youth players never given a chance, decent young professionals never given a fair chance, young players sold for peanuts and a load of dead beat journeymen signed which have taken us into non league and the edge of extinction.

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