PMG Leisure

[fulwoodshrimp]

I agree we are lucky to have board members trying to resolve the situation and save the club. The sooner the position of owner of the club is resolved the better. Is there nothing we ordinary supporters of the club can do to help the directors other than continuing to support the players? COYS

[Gone_Shrimping]

Now that everything seems to be coming out into the open it would be a healing gesture if the board could hold a fans forum. It would be understood that due to confidentiality some questions would be off limits

[Duffman]

Now that everything seems to be coming out into the open it would be a healing gesture if the board could hold a fans forum. It would be understood that due to confidentiality some questions would be off limits

To be fair to the board they've probably issued more updates in the last month than the last 8 years combined. I think as soon as it's legal to do so the club are updating the fans with solid information. The board are probably working every hour of the day to sort the mess out and as a fan I'd rather leave them to it.

[Gone_Shrimping]

Now that everything seems to be coming out into the open it would be a healing gesture if the board could hold a fans forum. It would be understood that due to confidentiality some questions would be off limits

To be fair to the board they've probably issued more updates in the last month than the last 8 years combined. I think as soon as it's legal to do so the club are updating the fans with solid information. The board are probably working every hour of the day to sort the mess out and as a fan I'd rather leave them to it.

Yes , rafts of club statements but they tend to be re-acting to something that has come out from somewhere else. Also there is no chance to ask follow up questions to an official club statement.

[black morse]

Now that everything seems to be coming out into the open it would be a healing gesture if the board could hold a fans forum. It would be understood that due to confidentiality some questions would be off limits

To be fair to the board they've probably issued more updates in the last month than the last 8 years combined. I think as soon as it's legal to do so the club are updating the fans with solid information. The board are probably working every hour of the day to sort the mess out and as a fan I'd rather leave them to it.

Yes , rafts of club statements but they tend to be re-acting to something that has come out from somewhere else. Also there is no chance to ask follow up questions to an official club statement.

Which they probably would be unable to answer for legal reasons and thus you'd be more frustrated than ever. Leave it to the updates they keep issuing. We just have to wait for it to pan out.

[P/T Indie]

What worries me is that by the time the club reach out to the fans it might be to late

Even if they could just give us a few pointers or suggestions on what we could assist with such as fundraising for specific things.

[Duffman]

What worries me is that by the time the club reach out to the fans it might be to late

Even if they could just give us a few pointers or suggestions on what we could assist with such as fundraising for specific things.

All we can do is support the club (which board have already asked fans to do); turn up to games, buy a pie, a pint, a shirt, a scarf etc. Unless someone turns up with millions and Diego hands over the club I fear there's no quick fix. With Diego's absence it's not just a money issue and as PMG alluded to in his interview with the Bay more information will come out eventually but it's a very difficult situation legally.

[Morecambe Jack]

Further to what gone shrimping has said, the key issue here is if the company is sold outside of the "football family". The facilities are obviously attached to the operations of the club including training facilities and would also be integral to any proposed progression to a Category 3 academy for 8-16 year olds.

[Christies Child]

The all important question that I'm sure we'd all like clarification on is 'who actually owns the club and is that as a result of all monies for purchasing the majority shareholding been paid and if not does that mean that until all monies are paid that the majority shareholder is still PMcG'...

As I posted elsewhere my knowledge of Business Law is zero but I would have thought that until ALL monies have been paid that PMcG is still (thankfully) the major shareholder.

In my simple way of looking at things 'if I pay a deposit on a car and drive it away but then don't pay the balance as promised, I can't be the legal owner of the car...'

[morecambegeek]

What part of "Morecambe FC owner Diego Lemos" are you not getting?

http://www.morecambefc.com/news/article ... 01207.aspx

People who profess to know nothing about business law should refrain from making analogies.

[Shrimpy]

In my simple way of looking at things 'if I pay a deposit on a car and drive it away but then don't pay the balance as promised, I can't be the legal owner of the car...'

Surely you would be the legal owner of the car upon paying the deposit? If you don't then keep up with the agreed payments it will be up to the previous owner to go through the courts to regain ownership of it?

[Phil Anderer]

In my simple way of looking at things 'if I pay a deposit on a car and drive it away but then don't pay the balance as promised, I can't be the legal owner of the car...'

Surely you would be the legal owner of the car upon paying the deposit? If you don't then keep up with the agreed payments it will be up to the previous owner to go through the courts to regain ownership of it?

[KenH]

In my simple way of looking at things 'if I pay a deposit on a car and drive it away but then don't pay the balance as promised, I can't be the legal owner of the car...'

Surely you would be the legal owner of the car upon paying the deposit? If you don't then keep up with the agreed payments it will be up to the previous owner to go through the courts to regain ownership of it?

Exactly why they say "possession is 9/10 ths of the law". If PMG signed the share transfer form, then Diego owns the shares whether he's paid or not. PMG then has to pursue Diego for either the legal ownership of the shares to be returned or for the promised money. Just exactly the same as if you hand over the log book (V5C) to the buyer of your car when they pay the deposit and promise to pay the balance later. It's ALL about what the contract says.

[fulwoodshrimp]

Has PMG made a big mistake by handing over all his shares on receipt of a deposit? That is the only sense I can make of this debacle!

[fulwoodshrimp]

Thanks for that explanation Ken- that makes sense.

[Seasider9601]

Has PMG made a big mistake by handing over all his shares on receipt of a deposit? That is the only sense I can make of this debacle!

If that is this case, which we don't actually know.

[Gone_Shrimping]

If PMG brings a case in the high court against Lemos for the return of his shareholding and Lemos doesn't turn up for the case will the judge award the case to PMG ?

[Phil Anderer]

If PMG brings a case in the high court against Lemos for the return of his shareholding and Lemos doesn't turn up for the case will the judge award the case to PMG ?

In the absence of any defense, I would suggest yes. Exactly that happened with a client of mine a couple of years ago, although it still took some considerable time for him to get his money.

[mrpotatohead]

what if Mr Lemos has sold the shares to somebody else, who has bought them in good faith, and has a very good law firm representing her?

And who did you buy the car off CC?

[Christies Child]

what if Mr Lemos has sold the shares to somebody else, who has bought them in good faith, and has a very good law firm representing her?

And who did you buy the car off CC?

Some Brazilian called Diego Lamos....but only paid him a deposit....

Trouble is the wheels have come off and I'm trying to find him to get my money back..

[black morse]

what if Mr Lemos has sold the shares to somebody else, who has bought them in good faith, and has a very good law firm representing her?

And who did you buy the car off CC?

No body's bitten yet MrP.

[Christies Child]

what if Mr Lemos has sold the shares to somebody else, who has bought them in good faith, and has a very good law firm representing her?

And who did you buy the car off CC?

No body's bitten yet MrP.

[Posh]

Has PMG made a big mistake by handing over all his shares on receipt of a deposit? That is the only sense I can make of this debacle!

Yes. Although it seems he didn't think so at the time.

Diego Lemos owns 80% of Morecambe FC Neil. In the same way as he owned all or a majority of PMG Leisure. As the statement shows it's very easy to wipe their hands of one company but hopefully not so easy for Morecambe FC.

The more I know, the more I''m horrified by the entire thing. I feel very sorry for decent people like Nigel Adams and David Brockbank who are much lighter of pocket but must feel robbed. I also feel sorry for staff like Les Dewhirst and others who've given so much to the club and now must feel lied to and treated horrendously. I feel sorry for the 11 staff of PMG Leisure (how are they not employed by the football club?) who must worry for their futures every day. I also feel sorry for those who've lost their part-time jobs or is there any other explanation for the missing turnstile people?

[Posh]

Now that everything seems to be coming out into the open it would be a healing gesture if the board could hold a fans forum. It would be understood that due to confidentiality some questions would be off limits

To be fair to the board they've probably issued more updates in the last month than the last 8 years combined. I think as soon as it's legal to do so the club are updating the fans with solid information. The board are probably working every hour of the day to sort the mess out and as a fan I'd rather leave them to it.

Yes , rafts of club statements but they tend to be re-acting to something that has come out from somewhere else. Also there is no chance to ask follow up questions to an official club statement.

Most of it seems like arse covering. The PMG Leisure one is to clarify PMG's role. How the press ever got the impression that PMG Leisure was owned by PMG I'll never know. You can tell who writes those as he calls us 'shrimps' fans. It's all in the quote marks.

The Nigel Adams one that really went to the heart of matters and probably wouldn't have been on there but for people who care like Quinny.

As you'll notice though there is absolutely nothing about the loan players going back or thanking them for their time here.

[mrpotatohead]

My Father in law is a former Shrimps player ,he played for the 1960's team that beat Burnley in the LCT, and he went on to coach the club , he was the team coach at wembley in 74, he also had a brief spell as caretaker manager in 75, he is now in his late 70's and is recovering from cancer, not well enough to go to take his regular place behind the goals, and is absolutely gutted about all this.

The club has been a huge part of his entire life and I really hope for his sake more than anything the club can survive.