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Protests

Protests

ashtonlad said:
I agree there will be some fancy tax relief or something going on
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It’s not that fancy, they offest 20% of PNE’s losses against profits in their other business interests. They essentially claw back 20% of the losses of PNE. It’s a damage limitation exercise rather than actually being something that provides any tangible benefit.
 
Meldrew's Ghost said:
If the asking price for the club is set too high then no one will buy it. The club needs to test the market at a lower price (or series of lower prices) until they find a buyer.

Mr Costelloe on here has suggested that the funding from the Trust will run out at the end of the 2023/24 season, and that, if the club has not been sold by that point, it will be put into administration. They had better start dropping the asking price now as the further we get into 2023/24 the greater the likelihood that any potential buyer would just wait for administration.
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The funding from the Conway Trust is currently at a fixed amount each month and is likely to be so until June this year.

Administration could happen this summer but won't - Hemmings's children (well the ones given his surname) don't want that and probably have enough clout still to keep the club ticking over to protect his legacy but the budget will be reduced.

What is worth keeping an eye on is whether the club starts to sell any of the non-playing assets - Ingol etc to cover the £9 million it's going to cost the "family" in 2023/24 to fund a relegation season.
 
65on said:
It is not a case of nodding dogs. Nobody has suggested a viable buyer as of yet. If they do walk who is going to pay the bills? If a nd when a buyer is found I will be also a happy man but until then is it not better to have SOMEONE rather than no one?
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Isn’t that the job of the current owners who don’t want to be wasting xx amount of money on a loss making business. If this was any other Hemmings business they would write there loses off and sell and at any cost and See it as a cost saving cost saving over the long term
 
Yeti said:
And I reckon most championship clubs are all owned by foreigners or non fans with no affiliation to the club to backup your point
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Your hunch is correct.

4/20 clubs in the Premier League are owned by majority English owners, compared with 10/24 clubs in the Championship, 14/24 in League One and 17/24 in League Two.
 
Thewhites. said:
It’s not even debatable. Deepdale PNE Holdings owes Grovemoor £70m+. Deepdale PNE Holdings owns PNE ultimately. The legalities and financials are complex to the point whereby a potential buyer who wanted to force the issue legally would probably just decide not to bother.

Feels to me that we are being mothballed and a position in League One is deemed to be our natural level as a cost neutral business.

I doubt we’ll be flogged for a significant amount of money, the business is worthless.

I’d love the fans to make the owners feel uncomfortable, but they won’t, and furthermore the owners don’t care anyway.
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Might get more interesting after todays shenanigans 😀
 
A protest needs to be organised. How are we going to go about it? Walks outs at deepdale? (although the ground is half empty after 70 mins every week at the minute!!!) Banners?
 
SuperTom said:
A protest needs to be organised. How are we going to go about it? Walks outs at deepdale? (although the ground is half empty after 70 mins every week at the minute!!!) Banners?
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Protests outside the ground before the match. Maybe someone can bring a pyro or two.
Chantations of Riddler/Hemmings our during the game
Organised walk out
Banners in the ground - this is definitely something I would support
I'm guessing an organised boycott of a match would be a no go (based on the response to such an idea on twitter).
Maybe we can ask the donkey lashers politely for their tennis balls?
 
Massive Boycott expected at Deepdale

boycott.jpg
 
Thewhites. said:
This is the kind of nonsense I keep hearing. The ownership have to be asking prospective new owners whether they are willing to take on the ‘burden’ of taking on the football club rather than trying to sell it to them.

They are asking someone to take on a liability and presenting it as an asset. The result being that only the likes of Chris Kirchner have been brought the table this far. So a party has been brought to the table at the ownership’s asking price, and guess what, that party was not a viable buyer.

Asking someone to find a buyer at £30m is entirely different to asking someone to find a buyer for a nominal fee. Whether you choose to believe it or not, there are plenty of prospective buyers out there. It just happens to be the case that a significant number of championship clubs are available for sale.

If it was made known that PNE was available for a nominal fee there would be significant interest. Fact. Again, whether you choose to believe that is up to you.

The owners don’t even have any kind of proposal or presentation prepared for potential buyers. Engage a party to do so, reduce the asking price to a nominal fee, and I can guarantee there will be enquiries very quickly.
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What do call a nominal fee?How can you guarantee anything?
 
65on said:
What do call a nominal fee?How can you guarantee anything?
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£0? Or maybe what it was worth when TH bought it: £164,784.

How you guarantee things is by saying what will happen, and then later, it happens.
 
There needs to be a protest! We've tried the friendly route and surprise, surprise it did not work! Evertons fans didn't piss about did they, they made their voice heard!!!
 
Your protests are going to have to be done in total silence as the Government are in the process of banning any protest that might be considered to make any noise.

Oh and thats no joke either.
 
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