Nigel Adams no longer a director

[Gone_Shrimping]

Would we have to start again in the North West Counties or the Unibond 1st division? Going to my 9month old son to his first game on the 2nd January so when he's older I can tell him he once saw Morecambe play league football..

I think that would depend on whether our creditors vote to accept we can go into administration. If they do we lose 12 points , and probably get relegated to the Conference.

[Gone_Shrimping]

he's into Morecambe FC for well over £1/2 million.

I would have said double that over the period

It is a matter of public knowledge from a note on the club's accounts from about 5 years ago that he loaned the club £200,000 interest free to help cash flow. That was repaid fairly quickly.

[P/T Indie]

Could we afford to be self sufficient in the Conference even?

I thin even if a new regime comes in they won't have silly money to keep bailing us out so we would need to cut our cloth accordingly and realistically what level could we sustain on say crowds of 800-1000. I think we would be a very small club in the conference.

[Gone_Shrimping]

Could we afford to be self sufficient in the Conference even?

I thin even if a new regime comes in they won't have silly money to keep bailing us out so we would need to cut our cloth accordingly and realistically what level could we sustain on say crowds of 800-1000. I think we would be a very small club in the conference.

Think Southport or Altrincham !

[mrpotatohead]

Speculation about administration is a bit premature.

[Gone_Shrimping]

Speculation about administration is a bit premature.

I hope it is premature , but someone asked about what may happen if admin arrives. Everyone hopes it won't !

[marky No.1]

he's into Morecambe FC for well over £1/2 million.

I would have said double that over the period

It is a matter of public knowledge from a note on the club's accounts from about 5 years ago that he loaned the club £200,000 interest free to help cash flow. That was repaid fairly quickly.

I'm not just talking about loans

[Gone_Shrimping]

I would have said double that over the period[/quote]


It is a matter of public knowledge from a note on the club's accounts from about 5 years ago that he loaned the club £200,000 interest free to help cash flow. That was repaid fairly quickly.[/quote]

I'm not just talking about loans[/quote]


I know. I was just illustrating what a good man we have lost. Let's hope he may clamber back onboard in the future.

[Seasider9601]

I'm not sure the Conference even accept clubs as members who are in administration???

Please JBC...... don't let this happen.....

[Gone_Shrimping]

I'm not sure the Conference even accept clubs as members who are in administration???

Please JBC...... don't let this happen.....

I think the Conference have to accept clubs who have been in admin. as long as they are coming out of it.

Its when clubs re-form like Rushden & Diamonds , Darlington , Scarborough etc that they head for the pits of Unibond North !

[Dave (Barra)]

I'm not sure the Conference even accept clubs as members who are in administration???

Please JBC...... don't let this happen.....

Not sure of the current rule but Boston were put in Conf North when they came out of the league as they were subject to an insolvency event.

[Seasider9601]

I'm not sure the Conference even accept clubs as members who are in administration???

Please JBC...... don't let this happen.....

Not sure of the current rule but Boston were put in Conf North when they came out of the league as they were subject to an insolvency event.

And (AFC) Halifax Town too mate.

[Christies Child]

If it comes to it and we are demoted to non league and we start winning on a weekly basis and play attacking attractive football I'd put money on it that gates would increase to close to 2000 on average.

For me it's down to what goes on on the pitch that determines everything else.

[mrpotatohead]

The season that we got promoted into the league we averaged around 1550 CC, so get your facts right, it is a time for unity so stop sniping at Jim, everyone else has.

[Gnasher]

Maybe he's positioning himself for a deal with an administrator.

[KenH]

Club statement now on OWS

http://www.morecambefc.com/news/article ... 79911.aspx

"I do not feel I have been given sufficient financial information from the majority shareholder to allow me to perform my duties as a Director and therefore it is appropriate for me to resign."

If that's the case, then in terms of company law, he's done the right thing. As I've said on here several times, ALL directors are legally responsible and have a legal duty to keep themselves informed of how the company is run. If he (and other directors) are been kept in the dark about finances/accounts, etc. then they have no choice but to resign. Basic company law 101.

[Seasider9601]

If it comes to it and we are demoted to non league and we start winning on a weekly basis and play attacking attractive football I'd put money on it that gates would increase to close to 2000 on average.

Absolutely no chance CC. Not a chance in hell.

We've not averaged crowds of 2000+ since the days of the late 1960's and the Lancashire Combination days.

[Seasider9601]

Club statement now on OWS

http://www.morecambefc.com/news/article ... 79911.aspx

"I do not feel I have been given sufficient financial information from the majority shareholder to allow me to perform my duties as a Director and therefore it is appropriate for me to resign."

If that's the case, then in terms of company law, he's done the right thing. As I've said on here several times, ALL directors are legally responsible and have a legal duty to keep themselves informed of how the company is run. If he (and other directors) are been kept in the dark about finances/accounts, etc. then they have no choice but to resign. Basic company law 101.

As I posted previously also, Nigel commented at our last meeting that he had emailed Diego 4 times with regard various matters and was somewhat dismayed and down hearted to have not received the courtesy of a reply from our (not so) illustrious new owner.

What the absolute f*** is going on ????

[Seasider9601]

From the website article:

In the absence of communication from the new owner and access to financial management information my position as a Director has become untenable.


As I mentioned previously, no return emails from Diego has prompted the above.

And...

I have a number sponsorship deals currently in place with the football club and these will remain in place but will not be renewed.

We're doomed. I'm truly resigned to the fact.

[mrpotatohead]

I was at that meeting ''dismayed and downhearted'' is a bit strong, he actually did say Diego was in touch with some directors, i.e Rod and Gary, and that day to day running of the club was in the hands of the department managers paid to do it.

I'm not a 'Diego'' fan, but a bit of balance is required here.

[Posh]

Club statement now on OWS

http://www.morecambefc.com/news/article ... 79911.aspx

"I do not feel I have been given sufficient financial information from the majority shareholder to allow me to perform my duties as a Director and therefore it is appropriate for me to resign."

If that's the case, then in terms of company law, he's done the right thing. As I've said on here several times, ALL directors are legally responsible and have a legal duty to keep themselves informed of how the company is run. If he (and other directors) are been kept in the dark about finances/accounts, etc. then they have no choice but to resign. Basic company law 101.

As I posted previously also, Nigel commented at our last meeting that he had emailed Diego 4 times with regard various matters and was somewhat dismayed and down hearted to have not received the courtesy of a reply from our (not so) illustrious new owner.

What the absolute f*** is going on ????

Until he took over Morecambe FC this is the only photograph of Diego Lemos online that I can find. He is not a businessman, he's not a multi-millionaire and he is not a communicator. He's a front man and a puppet for who knows. My view is that he's been hung out to dry and there's nothing he can do to respond.

diego1.jpg (17.71 KiB) Viewed 648 times

[bill ding]

Oh dear i fear we are heading the same way as the titanic and just as quick , what an utter shambles

[Zippy]

Strikes me as odd , that whoever is in charge allowed the resignation letter to published on the website, conclusion drawn from me is the ship is now rudderless -Mr Adams has taken the right,appropriate,and honourable course of action.

[Seasider9601]

Club statement now on OWS

http://www.morecambefc.com/news/article ... 79911.aspx

"I do not feel I have been given sufficient financial information from the majority shareholder to allow me to perform my duties as a Director and therefore it is appropriate for me to resign."

If that's the case, then in terms of company law, he's done the right thing. As I've said on here several times, ALL directors are legally responsible and have a legal duty to keep themselves informed of how the company is run. If he (and other directors) are been kept in the dark about finances/accounts, etc. then they have no choice but to resign. Basic company law 101.

As I posted previously also, Nigel commented at our last meeting that he had emailed Diego 4 times with regard various matters and was somewhat dismayed and down hearted to have not received the courtesy of a reply from our (not so) illustrious new owner.

What the absolute f*** is going on ????

Until he took over Morecambe FC this is the only photograph of Diego Lemos online that I can find. He is not a businessman, he's not a multi-millionaire and he is not a communicator. He's a front man and a puppet for who knows. My view is that he's been hung out to dry and there's nothing he can do to respond.

diego1.jpg

And that picture is pretty old judging by the weight he's put on since....!

[KenH]

Strikes me as odd , that whoever is in charge allowed the resignation letter to published on the website, conclusion drawn from me is the ship is now rudderless -Mr Adams has taken the right,appropriate,and honourable course of action.

Similar club statements were put on the OWS when other directors resigned such as Graham Hodgson who, if I remember rightly, was quoted on the OWS as saying he didn't agree with how the club was being run.