Diegos investment

[fulwoodshrimp]

6 successive home defeats must surely concentrate Diegos mind about his investment. Relegation would
inevitably cost him several millions and a brief review of what exactly he had bought must depress him. A sub-standard playing squad with a management team apparently out of their depth in League 2 can only lead to problems and cost Diego much angst. In my opinion we need a wholesale clear out both on and off the field. Once teams have come to terms with our away tactics we are in serious trouble. If that worries us supporters what does it do to Diego and his colleagues. Too many of the squad seem disinterested and unconcerned and our management team seem unable to do anything about our performances. Hoof ball seems to be the order of the day and it doesn't work. Change is needed to protect Diegos millions!

[Wild Bill]

I wouldn't expect Diego to mess about if things continue to slide. Despite how crap things are on the pitch I think things will change now for the better. Keep the faith.

[mrpotatohead]

It is far too early to speculate on what the new owners are planning to do with the club, they came into this with their eyes wide open , and knee jerk reactions will not be on the agenda, wether we finish near the top, or near the bottom, will be irrelevent this time next year.

[Sakhalin Shrimp]

wether we finish near the top, or near the bottom, will be irrelevent this time next year.

I suppose that depends how near the bottom we finish

[Trevor]

Only a few comments about investment yet load's about the manager. Where this investment? Is there any?

[Shrimpy]

Only a few comments about investment yet load's about the manager. Where this investment? Is there any?

Even if Diego had millions of pounds that he was going to throw at the playing squad we wouldn't be able to do anything with it until January anyway! We're all in the dark until then I would imagine and we'll know more about what (if any) money Diego is going to invest by what business we do once the transfer window opens.

[SupermarketShrimp]

If he has money, I'd keep my powder dry on the whole thing.

We are mid table, and although home form is alarming, there's no point panic buying unless we really are in the brown stuff, which we patently are not.

Get through to January and see if there's a chance of a playoff tilt. If not, do the player recruitment like we always have - get them in for pre season and hit 2017-18 running with a fresh slate.

I'd say here and now that we are as well getting as many defenders as we can in on loan and seeing what works. If none of them work look at the manager.

[KenH]

Trouble with wait & see is that there'll be even fewer fans - people are giving up on a weekly basis. It needs immediate action to keep the fans we have and start the lengthy process of getting more bums on seats. League position is only part of the story - they have to start winning at home occasionally to keep fans interested.

[SupermarketShrimp]

Trouble with wait & see is that there'll be even fewer fans - people are giving up on a weekly basis. It needs immediate action to keep the fans we have and start the lengthy process of getting more bums on seats. League position is only part of the story - they have to start winning at home occasionally to keep fans interested.

The fans will come back with a cup run or if we are top of the league/flying high.

We can't achieve either this season unless we somehow upset Coventry on Sunday, and we're not going to be anywhere near the top anytime soon.

There's no point pissing good money after bad.

[KenH]

I think, given the poor home performances, general negativity and lack of confidence in Jim, it would be a good time to hear from Diego as to his plans. He's been here for 2 months and there's been no official announcements - just a bit of hearsay from those who've spoken to him. IF there was an official announcement outlining his plans, I'm sure it would reduce the feeling of doom and may entice the remaining fans to keep coming through the next few months. Obviously, don't expect detailed announcements as to players/staff staying or going, but it would be good to get some clarification, i.e. whether he's giving Jim some money in January and whether he's pressing ahead with development behind the home stand. With there being no official news, I think a lot of fans are fearing the worst that nothing much is going to change!

[Seasider9601]

And the fact that we are "fearing" that nothing will change is the worrying thing.

Some news on intended developments, persuing the hotel plans, redevelopment behind the goal, and most importantly, team investment - would go a long, long way to giving our rapidly dwindling fan base a glimmer of hope of better times - on and off the field.

[Lloydie]

Do we know how much the fella is worth yet? I think the original digging people did didnt find much?

Plus a few 'in the know types' people have been hinting that he might not actually have much £

[mrpotatohead]

Have they?, Iwas told something along those lines by a medium in Blackpool!

[Gone_Shrimping]

Do we know how much the fella is worth yet? I think the original digging people did didnt find much?

Plus a few 'in the know types' people have been hinting that he might not actually have much £

I very much doubt that they would have had just enough money to buy 80% of PMG's shareholding without having the means to fund the infrastructure projects that we know are planned and team strengthening that Jim has hinted at.

[Dan.Campbell]

Do we know how much the fella is worth yet? I think the original digging people did didnt find much?

Plus a few 'in the know types' people have been hinting that he might not actually have much £

I very much doubt that they would have had just enough money to buy 80% of PMG's shareholding without having the means to fund the infrastructure projects that we know are planned and team strengthening that Jim has hinted at.

Oh, you've seen the financial transaction? Or are you just assuming that because he has been approved as a Director that he has paid for his shares?

#Dodgy

[mrpotatohead]

Michael Knighton springs to mind

[George Dawes]

Michael Knighton springs to mind

think his £25 million bid to buy Man United(what a bargain looking back now) in 1990 was accepted but couldn't raise the money, relying on others backing him.

don't think he did all that bad at Carlisle, it was in his price range, I know a few Carlisle fans and they don't think that bad of him, just laugh about his claim with UFOs

[Gone_Shrimping]

Do we know how much the fella is worth yet? I think the original digging people did didnt find much?

Plus a few 'in the know types' people have been hinting that he might not actually have much £

I very much doubt that they would have had just enough money to buy 80% of PMG's shareholding without having the means to fund the infrastructure projects that we know are planned and team strengthening that Jim has hinted at.

Oh, you've seen the financial transaction? Or are you just assuming that because he has been approved as a Director that he has paid for his shares?

#Dodgy

Well there is an AGM Shareholders Meeting being arranged for this month and also a Fans Forum so we may find out further details then.

[Posh]

The current situation is incredibly difficult because there are rumours swilling around everywhere that are seriously concerning. However no one wants to say anything on here for two good reasons.

1. They don't want to be sued.
2. They don't want to believe it, so ignore it and hope it sorts itself.

So we're left with people like Lee Mr P rambling about curses and other cryptic stuff about 'no money' but unwilling or unable to say what they know. And I'm in that same boat too, as I imagine are several others on this board.

My privately held view, which i'm happy to make partially public is we're, excuse my language, f***ed.

Why? At the beginning of the year, for the second time in four years we couldn't afford to pay the players so took a loan from the PFA. That shows as a charge against the club that is still outstanding.

So despite selling all the family silver (several pockets of land) and tapping several people for loads of money we were in the position that we haven't got a pot to piss in and had to go cap in the hand to the PFA.

In the circumstances the only way out was to sell the club and fast to someone with lots of money.

So we did a deal with Diego Lemos. And that's where I stop. Except to say that if he and colleagues are everything that's promised then happy days. However if he's not then we're two months beyond 'not having a pot to piss in' and will be in a much worse position.

As I said, my own view, which I hope and pray is entirely wrong is that in my mind none of this adds up. There are far too many questions and concerns and, so far, little evidence of any of it being addressed.

Worst still is that our home record is draining revenue through falling crowds and attention is being diverted away from what could potentially be a much bigger problem on to the manager.

Again my hope, and I'm sure of everyone else, is that our Qatari / Brazilian friends have a ton of money and have ridden over the horizon to save the day. When it does you are fully entitled to call me a miserable pessimistic twat.

[Aspers]

Again my hope, and I'm sure of everyone else, is that our Qatari / Brazilian friends have a ton of money and have ridden over the horizon to save the day. When it does you are fully entitled to call me a miserable pessimistic twat.

But your our misrerable, pessimistic, twat

[P/T Indie]

Wow Posh!!

"So we did a deal with Diego Lemos. And that's where I stop. Except to say that if he and colleagues are everything that's promised then happy days. However if he's not then we're two months beyond 'not having a pot to piss in' and will be in a much worse position."


You prob can't answer this but is that we were screwed but we might be ok because we have new owners and you don't know enough about them so we might be ok, or are you saying we did some sort of "deal" with him just to save us but from what you know he hasn't got any money and we are still going to be screwed.

I am worried that he hasn't made any official statement about his plans for the club just a few words to radio Lancs about looking at revenue streams, which made me think he wasn't going to put much actual cash in.

[Seasider9601]

I am worried that he hasn't made any official statement about his plans for the club just a few words to radio Lancs about looking at revenue streams, which made me think he wasn't going to put much actual cash in.

Me too. The silence is absolutely deafening.

Radio Lancashire made comment the other week about "the usual lack of information coming out of The Globe Arena" and this seemingly isn't changing.

Silence breeds concerns in my eyes.

[Gone_Shrimping]

It would be useful if the date of the AGM could be announced so that any uncertainty could be cleared up.

So many questions :-

Has PMG actually sold 80% of his shares and has the transaction been completed ?

If he hadn't sold them or been paid for them then technically he would still own the club and if that was the case then would a certain member of staff be rumoured to have left his position ?

On 21 September our Issued Share Capital increased from just over £1,800,000 to just over £4 million. To whom have the £2,220,575 shares been allocated ? The form filed at Companies House says that the shares have not been allocated for anything other than cash.

Jim's recent quotes suggest he has bought into the notion that everything is in order with his talk of replacing underperforming players in January.

It would be nice to have some clarification as soon as possible.

[Dan.Campbell]

Why? At the beginning of the year, for the second time in four years we couldn't afford to pay the players so took a loan from the PFA. That shows as a charge against the club that is still outstanding.

I wonder how many on this board would turn up for work if they weren't being paid for it.

I hope they are now...

[Gone_Shrimping]

Why? At the beginning of the year, for the second time in four years we couldn't afford to pay the players so took a loan from the PFA. That shows as a charge against the club that is still outstanding.

I wonder how many on this board would turn up for work if they weren't being paid for it.

I hope they are now...

I would think they are now. The large cheque from the EFL arrives at the start of each season and there has been a substantial increase in that according to PMG at the Fans Forum. It used to be circa £800,000 so paying the wages shouldn't be a problem yet.