Business plan for Morecambe FC?

[Knightrider]

Whats the new owners five year business plan for Morecambe FC?

[al1]

Colin and Jason said at the pre-season forum that they were here for a minimum of 2 years!

[Knightrider]

Colin and Jason said at the pre-season forum that they were here for a minimum of 2 years!

OK so whats the two year business plan then?

Any plans for a top of the range training/coaching facility?

[mrpotatohead]

You seem to know very little about this, but are very interested in joining the shrimps trust ???.....strange.

[Gnasher]

Colin and Jason said at the pre-season forum that they were here for a minimum of 2 years!

OK so whats the two year business plan then?

Any plans for a top of the range training/coaching facility?

Dear PI, LMGTFY, YOOR, G.

[BerlinWaller]

PNE had a fans forum last night with Peter Risdale and Alex Neil. I have seen a summary on Twitter and Risdale claims the owner is putting in anywhere between £3000000-£7000000 a season to keep them afloat.

[Knightrider]

Ah thought so so there aint no business plan or maybe there is and the new owners are keeping it to themselves as they dont value their customers?

[redrobo]

Ah thought so so there aint no business plan or maybe there is and the new owners are keeping it to themselves as they dont value their customers?

You seem intent on causing trouble. Wonder who you REALLY are...

[Knightrider]

Ah thought so so there aint no business plan or maybe there is and the new owners are keeping it to themselves as they dont value their customers?

You seem intent on causing trouble. Wonder who you REALLY are...

Just asking questions PAL, like you did here viewtopic.php?f=1&t=23610&p=276834#p276834why do you have a problem with that?

With respect, as the evidence shows, the trouble started when the management made the decision to
depart from the clubs home, Christie Park.

[redrobo]

Ah thought so so there aint no business plan or maybe there is and the new owners are keeping it to themselves as they dont value their customers?

You seem intent on causing trouble. Wonder who you REALLY are...

Just asking questions PAL, like you did here viewtopic.php?f=1&t=23610&p=276834#p276834why do you have a problem with that?

With respect, as the evidence shows, the trouble started when the management made the decision to
depart from the clubs home, Christie Park.

I have a problem with people who keep going over the same topic about the move from CP to The Globe. That was years ago and nothing anybody can do about it will change things. They are what they are. As for the new owners Business Plan why should they divulge what they have in store? They have already saved our club from going into admin by paying off the clubs debts. Be thankful and let them get on with their involvement in our club. I for one and bloody grateful for their involvement, because nobody else seemed willing to invest.

[Gnasher]

Knightrider has sunk to a new low elsewhere but as for the Christie Park debate, it will rumble on for a long time yet, at least until we're debt free which won't be in our lifetimes Neil.

[redrobo]

Knightrider has sunk to a new low elsewhere but as for the Christie Park debate, it will rumble on for a long time yet, at least until we're debt free which won't be in our lifetimes Neil.

Certainly not in my lifetime that's for sure...

[KenH]

That was years ago and nothing anybody can do about it will change things. They are what they are.

The reason it keeps coming up is that the same people are still running the club, despite new owners. The fact that such huge mistakes were made remains of great concern when the people making those decisions appear to be still in charge.

[redrobo]

That was years ago and nothing anybody can do about it will change things. They are what they are.

The reason it keeps coming up is that the same people are still running the club, despite new owners. The fact that such huge mistakes were made remains of great concern when the people making those decisions appear to be still in charge.

Given the circumstances at the time re the drop in interest rates that affected the amount of money available from the invested CP money, what should they have done differently?

[Shrimpy]

That was years ago and nothing anybody can do about it will change things. They are what they are.

The reason it keeps coming up is that the same people are still running the club, despite new owners. The fact that such huge mistakes were made remains of great concern when the people making those decisions appear to be still in charge.

Given the circumstances at the time re the drop in interest rates that affected the amount of money available from the invested CP money, what should they have done differently?

How about remembering to build a beer cellar for starters.

How about not investing further money in extra executive boxes which now sit empty.

How about not building the away end in the wrong place which has resulted in the ridiculously small gap at the back of the stand?

Correct me if I'm wrong but didn't we forget to also build someone where all the groundstaffs equipment could be stored and there was also the lack of a proper press area, hence the makeshift solution of having them all sat on the balcony of the Wright & Lord suite?

[redrobo]

Shrimpy, can't disagree with the vast majority of your comments. My only disagreement would be regarding the Exec Boxes which was intended to be (and still could be if results and performances improved) an ongoing revenue stream. The away stand is awful and I'm surprised that that ever got through planning. But like everything in life (or should that read Brexit ) it's a compromise about what was regarded as a must have and those areas that could be improved later when further money was available.

Is Knightrider former KendalShrimp....

[KenH]

Given the circumstances at the time re the drop in interest rates that affected the amount of money available from the invested CP money, what should they have done differently?

The drop in interest rates is a red herring. The money received from the sale of CP was spent very quickly - it wasn't sat around in a savings account for years. A say 2% fall in interest on say £5 million for say six months is still only a £50k loss of interest. Given the spending was around £8m, it's trivial.

[redrobo]

Given the circumstances at the time re the drop in interest rates that affected the amount of money available from the invested CP money, what should they have done differently?

The drop in interest rates is a red herring. The money received from the sale of CP was spent very quickly - it wasn't sat around in a savings account for years. A say 2% fall in interest on say £5 million for say six months is still only a £50k loss of interest. Given the spending was around £8m, it's trivial.

You know that for a fact Ken?

[marky No.1]

The sale of Christie Park was done in January 2009, 6 months earlier you could get 5-6% but by the end of the year you were lucky to get 2-3%, so the rates had halved.
Then there was the delay for a year while the builders fiddled about and put the price up due to costs going up a lot, hence the trimming down of the stands.
I would reckon this was a £300,000 loss in interest budgeted for, which ties up with PMG reportedly putting a similar amount of his own money in to bridge the gap.
Be interesting how the £50K per year for 5 years stadium naming rights were accounted in all this

It's a large amount to find, but as Ken says, it's a red herring in relation to the double that amount we have been losing nearly every year since.

[KenH]

You know that for a fact Ken?

The publicly available accounts filed at Companies House don't show any large bank balances at subsequent year ends around that time, so the funds must have been received and spent pretty quickly.

[redrobo]

You know that for a fact Ken?

The publicly available accounts filed at Companies House don't show any large bank balances at subsequent year ends around that time, so the funds must have been received and spent pretty quickly.

Just seems strange that you (I assume from your expert reply) pay for something in its entirety before completion especially as staged payments are the norm in the construction industry. Thanks anyhow for clarification.

[Andy D]

Its a pointless debate really untill we now for sure officialy how much we got for Christie Park, we all know and speak to different people, and people giving it

Well i was speaking to Rod Taylor and he said it was bla bla.
Well i was speaking to Graham Howse and he said it was bla bla.
Well i was speaking to Mike Hinchcliffe and he said it was bla bla.
Well i was speaking to Pete Mcguigan and he said it was bla bla.
Well i was speaking to Neil Marsden and he said it was bla bla.
Well i was speaking to Mark Dixon and he said it was bla bla.
Well i was speaking to Christie the Cat and he said it was bla bla. etc etc etc

I got told it was 10 million, then 8 million, then the last time was 12 million.

[Posh]

Everyone is right about Christie Park because no one knows and we will never know what truly went on. My understanding is that the loans that some but not all directors built up at Christie Park were paid back from the proceeds of the sale to Sainsburys. That inevitably reduced the sum that could be spent. The interest element is true but don’t spend what you haven’t got.

The fact is that PMG, Mark and Brian locked themselves away in an office at Riversway House near Greyhound Bridge and planned a ground with little or no consultation with fans or frankly anyone else, which is why we ended up with such a dog’s dinner. They could have gone to Burton, asked them for the plans, asked what would they do better again and for less money got a ground that’s been enough to support a Championship club.

They hired and fully trusted a group of Lancaster University undergraduates to do the full business plan for the 3G pitches, which turned out to be highly inaccurate; they served wild boar steaks in a fan’s bar because they completely and utterly failed to understand their audience and that we were at the start of the biggest financial crisis the world had ever known; they didn’t built any training facilities, despite loads of land; and whatever financial cushion was left was pissed away in the first season by Sammy McIlroy.

All this led to multiple bailouts by Nigel, Graham, the PFA and anyone else with deep pockets wishing to burn cash. It also led to multiple failed promises.

Given all that I have no idea why Diego, Abdullah and the latest owners still retain PMG. He has some hold on them that I don’t get - works for free? It desperately needs a change of direction because it seems rudderless and if it wasn’t for the likes of Toby, Gill and Mike O’Brien for the knowledge, continuity and professional expertise they provide I don’t know where we would be as a business.

So, simple question. Who is the Managing Director or equivalent of Morecambe FC?

P.S. Someone asked and Knightrider isn’t me (despite nicking my location tag!). Associating yourself with David Hasselhoff is not smart.

[Knightrider]

Everyone is right about Christie Park because no one knows and we will never know what truly went on. My understanding is that the loans that some but not all directors built up at Christie Park were paid back from the proceeds of the sale to Sainsburys. That inevitably reduced the sum that could be spent. The interest element is true but don’t spend what you haven’t got.

The fact is that PMG, Mark and Brian locked themselves away in an office at Riversway House near Greyhound Bridge and planned a ground with little or no consultation with fans or frankly anyone else, which is why we ended up with such a dog’s dinner. They could have gone to Burton, asked them for the plans, asked what would they do better again and for less money got a ground that’s been enough to support a Championship club.

They hired and fully trusted a group of Lancaster University undergraduates to do the full business plan for the 3G pitches, which turned out to be highly inaccurate; they served wild boar steaks in a fan’s bar because they completely and utterly failed to understand their audience and that we were at the start of the biggest financial crisis the world had ever known; they didn’t built any training facilities, despite loads of land; and whatever financial cushion was left was pissed away in the first season by Sammy McIlroy.

All this led to multiple bailouts by Nigel, Graham, the PFA and anyone else with deep pockets wishing to burn cash. It also led to multiple failed promises.

Given all that I have no idea why Diego, Abdullah and the latest owners still retain PMG. He has some hold on them that I don’t get - works for free? It desperately needs a change of direction because it seems rudderless and if it wasn’t for the likes of Toby, Gill and Mike O’Brien for the knowledge, continuity and professional expertise they provide I don’t know where we would be as a business.

So, simple question. Who is the Managing Director or equivalent of Morecambe FC?

P.S. Someone asked and Knightrider isn’t me (despite nicking my location tag!). Associating yourself with David Hasselhoff is not smart.

Thank you for your enlightening post Mr or is it Mrs Posh, you ask another key simple question - who is the MD now? but there are others. For instance how much did MFC Ltd pay for the publicly owned asset at Westgate (the site of the Globe Arena)? How much was Globe's tender sum and final account and did they honour the 250k sponsorship deal or just funded it from the extra 250k put in the final account?

Could you clarify the other Directors who you allege formed the Design team for the Globe Arena - I presume you are referring to Mark Dixon and the City Councils former Chief Building Control Officer, Brian Fagan who was one of the first Directors to jump ship. Who did they appoint as their consultants - Architect, Structural Engineer, M&E Service Engineers, Landscape Architect, Chartered Quantity Surveying practice and who was fulfilling the Project Manager role?

BTW I was not aware I nicked your location, chosen because this is one of my favourites -
https://www.youtube.com/watch?v=JzsvWbgMaUA

What concerns me Posh is that the Shrimps Supporters Trust do not appear to be pursuing the question of the business plan for MFC Ltd.

[Andy D]

Thank you for your enlightening post Mr or is it Mrs Posh, you ask another key simple question - who is the MD now? but there are others. For instance how much did MFC Ltd pay for the publicly owned asset at Westgate (the site of the Globe Arena)? How much was Globe's tender sum and final account and did they honour the 250k sponsorship deal or just funded it from the extra 250k put in the final account?

Could you clarify the other Directors who you allege formed the Design team for the Globe Arena - I presume you are referring to Mark Dixon and the City Councils former Chief Building Control Officer, Brian Fagan who was one of the first Directors to jump ship. Who did they appoint as their consultants - Architect, Structural Engineer, M&E Service Engineers, Landscape Architect, Chartered Quantity Surveying practice and who was fulfilling the Project Manager role?

Well thats easy to answer. Just go onto the Globe Construction Website, these are who were appointed.


Architect - Croft Goode
Structural Engineer - TRP Consulting ltd
Project Manager's - M&E | Beech Jackson

Globe Arena Valued 7.3 Million - D&B