Skip to main content

Daniel Johnson

Daniel Johnson

Liberation said:
I really don't understand it and never will but something smacks of " not quite right " and always has done.... Even the cleverest on here have never been able to explain it from a business point of view......... Maybe PNE was his trainset and he just wanted his money back . Although that could only be achieved by investing in a good infrastructure and getting to the prem but he was too tight( careful) to do it. Actually he did it once ( ish ) by letting Degs and Irvine waste a fortune...... Talk about backing the wrong horses ( pun intended). Then he bought the club for ten bob to get his own back 😀

Billionaires obviously think differently to the rest of us so logic will never apply...................... And it doesn't explain why the club hasn't been shifted PDQ to stem the big " losses ".......... It's the first thing an accountant would do.
Click to expand...

Only way it ever made sense to me was that Trev saw it as a charity that he was the benefactor of. Never treated it as a business.

Craig likely feels that sense of obligation to a degree, and any urge he might have to do more is tied up with the KR additional controls over the purse strings.

So seems to me like a managed lowering of costs, whilst trying to keep us functional is the compromise. Accountant trying to make us less of a drain. Craig trying to keep us afloat.
 
Plus that was only from the main company she may well receive other amounts for the individual companies too that she is a Director of but I imagine it isn’t much of a concern in the scheme of things. However she(and the others) do now oversee the bigger empire of which we are just a small piece in a bigger picture unfortunately
 
HunterLionheart said:
Only way it ever made sense to me was that Trev saw it as a charity that he was the benefactor of. Never treated it as a business.

Craig likely feels that sense of obligation to a degree, and any urge he might have to do more is tied up with the KR additional controls over the purse strings.

So seems to me like a managed lowering of costs, whilst trying to keep us functional is the compromise. Accountant trying to make us less of a drain. Craig trying to keep us afloat.
Click to expand...


like fuck he did, his "soft loans" to the old PLC were at Libor (which at the time was 5%) PLUS 8%!!!!!!!!
 
jakehake said:
Plus that was only from the main company she may well receive other amounts for the individual companies too that she is a Director of but I imagine it isn’t much of a concern in the scheme of things. However she(and the others) do now oversee the bigger empire of which we are just a small piece in a bigger picture unfortunately
Click to expand...

We aren't going to get a state of the art training ground at Ingol are we ?
 
HunterLionheart said:
Only way it ever made sense to me was that Trev saw it as a charity that he was the benefactor of. Never treated it as a business.

Craig likely feels that sense of obligation to a degree, and any urge he might have to do more is tied up with the KR additional controls over the purse strings.

So seems to me like a managed lowering of costs, whilst trying to keep us functional is the compromise. Accountant trying to make us less of a drain. Craig trying to keep us afloat.
Click to expand...

Oh come on....... He bought it for ten bob and shafted thousands..
 
HunterLionheart said:
Only way it ever made sense to me was that Trev saw it as a charity that he was the benefactor of. Never treated it as a business.

Craig likely feels that sense of obligation to a degree, and any urge he might have to do more is tied up with the KR additional controls over the purse strings.

So seems to me like a managed lowering of costs, whilst trying to keep us functional is the compromise. Accountant trying to make us less of a drain. Craig trying to keep us afloat.
Click to expand...
Yeah, I think the family (and as far as we're concerned, Revitt is family) has inherited Trevor's very expensive old train set hobby, which is now causing a serious drain on their inheritance.

Publicly they have to pretend they care about legacy and all that stuff, but privately I'm sure the priority will be to turn the money taps off ASAP. Sell off players and cut the wage bill is one strategy, but - being brutal about it - I think relegation and a period of enforced austerity would be another. I doubt going down would be seen as too much of a tragedy in the IoM anyway, as long as the wage bill was shrinking all the time.
 
Thracia said:
Yeah, I think the family (and as far as we're concerned, Revitt is family) has inherited Trevor's very expensive old train set hobby, which is now causing a serious drain on their inheritance.

Publicly they have to pretend they care about legacy and all that stuff, but privately I'm sure the priority will be to turn the money taps off ASAP. Sell off players and cut the wage bill is one strategy, but - being brutal about it - I think relegation and a period of enforced austerity would be another. I doubt going down would be seen as too much of a tragedy in the IoM anyway, as long as the wage bill was shrinking all the time.
Click to expand...

In a way the club shouldn't be run as Peters play thing with the tab always picked up especially when the family have had to pay for the likes of Olusunde, Harrop etc.

Peters mistakes couldn't continued to be covered up, the only way to stop this is to potentially decrease the budget.

If I was putting 14 million into a football club every year I'd want to see player trading, youth prospects and promotion challenges.

Not a squad full of Woodburns and Ledsons and 1 lofty 12th place finish most seasons.
 
Jack Daniels said:
Please tell you've mis-typed here.

£10m PA!! 😵 🙁 🤢
Click to expand...
As others have said it's currently £2 million+ per year but she's guaranteed that for each year between October 2021 & 2026. That's just her "wage"; there's dividends and other perks she's entitled too, including plenty of acres to let the horses out for a gallop around a near by tax haven.
 
Ron Burgundy said:
In a way the club shouldn't be run as Peters play thing with the tab always picked up especially when the family have had to pay for the likes of Olusunde, Harrop etc.

Peters mistakes couldn't continued to be covered up, the only way to stop this is to potentially decrease the budget.

If I was putting 14 million into a football club every year I'd want to see player trading, youth prospects and promotion challenges.

Not a squad full of Woodburns and Ledsons and 1 lofty 12th place finish most seasons.
Click to expand...
This has nothing to do with Ridsdale, this is about stopping the football club haemorrhaging their cash.

They don't put £14m into PNE every year, and they certainly won't in the future - and they couldn't give a damn if the squad is full of Woodburns as long as it gets the wage bill down.
 
Back
Top