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Quote: RoughyedWatcher "Chris Hamilton took over the club at the demise of the Bears at the back end of 1997, with three others.'"

He didn't take over anything. They formed a brand new company and a brand new club. When will people realise this club isn't and never will be the same as the previous club.

Quote: RoughyedWatcher "Gradually over the years the other three dropped out one at a time. Bill Quinn came in as a big money backer three years ago, with Chris still owning 25% of the club. So the short answer to your question is has not stopped being a share holder, just did not have full control.'"

Although happy to see that the club will continue I really do have grave concerns for the future. Who is going to bail out the club next time? The really need to get a decent accountant icon_wink.gif
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kcab sfrawdder Luck is a combination of preparation and opportunity Just to avoid confusion Starbug is the username of Steven Pike SOMEBODY SAID that it couldn’t be done But he with a chuckle replied That “maybe it couldn’t,” but he would be one Who wouldn’t say so till he’d tried. So he buckled right in with the trace of a grin On his face. If he worried he hid it. He started to sing as he tackled the thing That couldn’t be done, and he did it!:9005.jpg
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Quote: Marsdengiant "Does everybody know that? Are you speaking on 'everybody's behalf'? How thrilling.

I will not be so arrogant to claim I speak on everybody's behalf. I do know that wealthy backers can support favoured clubs through private sources and / or their corporate interests. That some sponsors may exert significant influence on an organisation while some benefactors do not want such an influence. Also that many wealthy backers / supporters of clubs do not have or expect 'total control'. It is a little bit more complex than some would pretend.

I am delighted that Bramley's 'ownership experiment' has been handed a lifeline by a private business concern and its profits.

I gree on both counts
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In my view big money backers, do not go into these ventures to provide money without clauses. most invest money into the clubs as directors loans and do expect a return if the club becomes more successful. I suspect that this is what happened at oldham and also suspect that the vast majority of outstanding debts at Oldham will now be owed to Bill Quinn the recently departed "sugar daddy".
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Quote: RoughyedWatcher "In my view big money backers, do not go into these ventures to provide money without clauses. most invest money into the clubs as directors loans and do expect a return if the club becomes more successful. I suspect that this is what happened at oldham and also suspect that the vast majority of outstanding debts at Oldham will now be owed to Bill Quinn the recently departed "sugar daddy".'"


totally untrue. You wil get better returns on your money by keeping it under the bed than putting it into a RL club. The overwhelming majority of shareholders / directors / owners are ikely to know this.
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Feel sorry for lower league clubs struggling.
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2015 - major missed opportunity, 2016 - stronger teams = harder task (no problem there then), 2017 - OMG What now!!!:953.jpg
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Indeed they are
300 posts in 21 pages 
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Subscribe | Moderators: Admin, Durham Giant , TimperleySaint
300 posts in 21 pages 
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Subscribe | Moderators: Admin, Durham Giant , TimperleySaint



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