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Thread: Club statement

  1. #1
    Join Date
    Aug 2002
    Posts
    20,194

    Club statement

    https://www.carlisleunited.co.uk/new...ard-statement/

    W’re f­ucked. If only someone else had had a plan to move us forward. Oh, wait…..

  2. #2
    Join Date
    Jun 2012
    Posts
    1,601
    "Financially, the club is secure, and funds are in place ready for what is required to move us forward".

  3. #3
    Join Date
    Aug 2002
    Posts
    20,194
    I know, and in the same statement they say they’ve entered into discussions with Purepay over the repayment of the loan. Well f­ucked then. And can anyone think of a single use for our Trust?

  4. #4
    Join Date
    Aug 2002
    Posts
    20,194
    Trust statement:

    http://cuosc.org.uk/news/statement-f...rd-10-12-2021/

    How can a single organisation that claims to be the “official supporters’ group” also put themselves in a position where they keep fans “in the dark”. The two are mutually exclusive, surely?

  5. #5
    Join Date
    Aug 2002
    Posts
    20,194
    Another thought. The Purepay debt will take at least 5 years to pay off, and that’s assuming that we’re still in the EFL. During that time there will be no spare cash, and the debt would be a millstone that would put off other potential owners investors. Did I mention we’re f­ucked?

  6. #6
    Join Date
    Jun 2012
    Posts
    1,601
    The Holdings statement gives the impression that the club took the initiative to start talks on repayment terms of the debt to Purepay.

    It is much more likely that PD said that he (Purepay) is totally out and the only thing left to do is to begin repayment of the £2.37 million debt as soon as possible, or else.

  7. #7
    Join Date
    Feb 2020
    Posts
    623
    BBCRC's reaction to this will be interesting. I do not expect competence from the station, especially since the James Phillips situation occurred. There will be fear about speculation or even about giving opinions or even about telling the truth.

  8. #8
    Join Date
    Mar 2004
    Posts
    5,131
    CUOSC welcome the news that United are now officially looking for new investment

    - maybe they are going to put an advert in the EN&S.

    Inept

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