Colin Goldring failed test

[Born again Bill]

Nothing worth the £6M at the Club, even Cole , never mind the £25M it owes in total.

Rod said a while ago that MFC was a separate entity and had nothing to do with Worcester, if I was on our board I wouldn't believe anything that came out of their mouths having done what they have done to the Rugby club

Shortly after the chuckle brothers put the club up for sale !!!!

[Redalert1970]

I trust Rod and the other directors one million percent but till we are sold to a genuine buyer it will always be worrying

[SEASIDECLARET]

Whilst I know the J.B Christie Trust was set up shortly after the said Mr Christie purchased\donated the land to Morecambe FC and then on default by MFC to the towns people of Morecambe for recreational purposes, I believe the club and all its supporters could well be indebted to the diligence and professional skills of Wright and Lord solicitors. When Morecambe moved ground they had to undertake transferring the Trust to the new ground and had to strive manfully to get it accepted through the courts, which they did and ensured that the clubs interest would be maintained in the ground. Whilst none of us could say categorically that what has happened at WW would have happened at MFC, but the phrase of leopard and spots springs to mind. Maybe they came knocking on our door first and only on realising it wasn’t possible to undertake what they have done at WW did they then look elsewhere. I think maybe we should all raise a glass to Wright and Lord for ensuring continued protection to our Christie Trust

[Phoenix Shrimp 2017]

Whilst I know the J.B Christie Trust was set up shortly after the said Mr Christie purchased\donated the land to Morecambe FC and then on default by MFC to the towns people of Morecambe for recreational purposes, I believe the club and all its supporters could well be indebted to the diligence and professional skills of Wright and Lord solicitors. When Morecambe moved ground they had to undertake transferring the Trust to the new ground and had to strive manfully to get it accepted through the courts, which they did and ensured that the clubs interest would be maintained in the ground. Whilst none of us could say categorically that what has happened at WW would have happened at MFC, but the phrase of leopard and spots springs to mind. Maybe they came knocking on our door first and only on realising it wasn’t possible to undertake what they have done at WW did they then look elsewhere. I think maybe we should all raise a glass to Wright and Lord for ensuring continued protection to our Christie Trust

Sincerely hope you are right SC. If the above be the case then what is their end game plan for their ownership and sale of our club? If there is nothing much to strip then we can't be that attractive a purchase to others of a similar ilk, so who is in the frame to be the new owner/s?

I'm sure our board aren't asleep at the wheel and the current situation must have been subject to many, many hours discussion about potential outcomes.

We all wait with baited breath with everything crossed hoping for a positive outcome!

PS. I've just raised a decent glass of red to Wright and Lord!

UTS.

[RapidShrimp]

Are we going to be next ???

No. There’s no reason for us to be in that position. We don’t have unpaid tax bills, we don’t have 25-30mil of debt. We’re a separate entity and the owners have already said we’re up for sale and it sounds like a buyer had either been found or was very close with what was said a week or two ago. There’s no value in it for the owners making a mess of Morecambe, after they themselves steadied the ship and righted the losses since 2018.

[Keith]

"Cowboys & Charlatans"

https://www.dailymail.co.uk/sport/rugby ... irmed.html

[black morse]

These two aren't going to be concerned about whether a proposed purchaser is fit to buy the club. Oh! I forgot we have the Football League to do that job

[redrobo]

These two aren't going to be concerned about whether a proposed purchaser is fit to buy the club. Oh! I forgot we have the Football League to do that job

Hate to say this after the way they got us out of trouble but I do fear that they will not give a fig as to who the buyer is as long as they come out of any deal with as little of a loss as possible.

Can't see them making any money out of any deal.

Looks as though the ideal buy out by current Directors along with other former Directors ( ) is a pipe dream......unfortunately....

[vvm]

Can't see them making any money out of any deal.

Surely the club is worth a good bit more than what they paid? We were on the brink of relegation with a below average squad and an average home attendance of what? 1000-2000 maybe? Now we're a league one team with some genuinely good (or at least valuable) players and average easily double the attendances from when they bought us.

Yes we're bottom of the league but I do believe we could be an attractive proposition for any potential buyer, a small cash injection could be all that's needed to change our fortunes for this season.

[marky No.1]

a small cash injection could be all that's needed to change our fortunes for this season.

Might not even need that if we simply change our policy on the pitch

[redrobo]

a small cash injection could be all that's needed to change our fortunes for this season.

Might not even need that if we simply change our policy on the pitch

......and so say all of us...well nearly all

As for the owners not making much out of any sale, when you consider how much the have put in during their period of ownership I doubt that amount will be covered in any sale...could be wrong but I doubt it.

[black morse]

a small cash injection could be all that's needed to change our fortunes for this season.

Might not even need that if we simply change our policy on the pitch

......and so say all of us...well nearly all

As for the owners not making much out of any sale, when you consider how much the have put in during their period of ownership I doubt that amount will be covered in any sale...could be wrong but I doubt it.

We don't know how much they've put in do we?

[BerlinWaller]

I remember when people like Posh said that these two owners would asset strip the club and flog the land etc. I totally dismissed it on here but they were right to question the owners and their motives. These 2 have overseen the death of a Professional Sports team which sees people out of work and fans without a club. They are getting a very easy ride from us as supporters because we think thank God it was them and not us! We need them out of our club and we should show some solidarity with fans of Worcester Warriors.

[Bare bum]

I remember when people like Posh said that these two owners would asset strip the club and flog the land etc. I totally dismissed it on here but they were right to question the owners and their motives. These 2 have overseen the death of a Professional Sports team which sees people out of work and fans without a club. They are getting a very easy ride from us as supporters because we think thank God it was them and not us! We need them out of our club and we should show some solidarity with fans of Worcester Warriors.

Not often I agree with you, but I do 100% on this.

[Keith]

I remember when people like Posh said that these two owners would asset strip the club and flog the land etc. I totally dismissed it on here but they were right to question the owners and their motives. These 2 have overseen the death of a Professional Sports team which sees people out of work and fans without a club. They are getting a very easy ride from us as supporters because we think thank God it was them and not us! We need them out of our club and we should show some solidarity with fans of Worcester Warriors.

Not often I agree with you, but I do 100% on this.

I think, to a certain extent, they're getting an easy ride because there is sod all we can do about it and even protests would make no odds, as they don't attend games anyway. Protesting would possibly undermine the board, who we all support.

Challenging times.

[marky No.1]

Administrators removed them

https://www.worcesternews.co.uk/news/23 ... -replaced/

[Gone_Shrimping]

Administrators removed them

https://www.worcesternews.co.uk/news/23 ... -replaced/

I don't suppose there is much chance of a Fans Forum with Colin and Jason anytime soon

[Shrimp Girl]

Article in the Guardian today:
https://www.theguardian.com/sport/2022/ ... ubs-demise
There is background about WWs previous owner Jed McCrory and his involvement with Jason Whittingham, but there are some interesting dates in there. Colin and Jason became directors at WW on 17 Oct 2018 and assumed ownership 11 June 2019, but Bond Group Sixways was incorporated with Jason as sole director a whole year earlier, on 22 June 2018.
Looking back on our website, the Board announced Colin and Jason as new owners of MFC on 21 June 2018.
So maybe they didn't come knocking at our door first, maybe it was always about owning both MFC and WW. It's a very complex situation.

[redrobo]

Quite possible that I've missed it somewhere but what I find somewhat surprising is how our club has never been mentioned as being owned by Goldring and his partner when every news article concentrates on the WW problems caused under their ownership.

Maybe their ownership of our club is a matter that has no bearing on that of WW but I'd hate to find out in due course that we are dragged into this mess of their own making.

[SEASIDECLARET]

Redrobo, it looks as if the noose on the 2 most disliked people in the history of WWRFC is being tightened, with removal of them from a couple of associated companies. The receivers and the Liquidators of the companies, will by selling the going concerns and recovering whatever monies they can, will offset that against the debts of the companies. Hopefully, the money raised will pay of all their debts, although neither the receivers nor the liquidator has yet put a total figure on the debt!! I have just noticed a news flash that WWRFC have been relegated from the top division and won’t be allowed back to play till next season, not sure that that will help a sale of the rugby club. Hopefully they will recover enough monies to cover all debts. I think we all have to hope that all debts are fully repaid. If you delve into the background of the Guardian article, I can only refer back to my posting a few weeks ago about our debt of gratitude to the Christie Trust, if WWRFC had had something similar, I’m not sure there sorry mess could have happened

[BerlinWaller]

Our future is in the hands of one man and one man only. The man with the power just slowly killed off a Rugby Union club.

[black morse]

Redrobo, it looks as if the noose on the 2 most disliked people in the history of WWRFC is being tightened, with removal of them from a couple of associated companies. The receivers and the Liquidators of the companies, will by selling the going concerns and recovering whatever monies they can, will offset that against the debts of the companies. Hopefully, the money raised will pay of all their debts, although neither the receivers nor the liquidator has yet put a total figure on the debt!! I have just noticed a news flash that WWRFC have been relegated from the top division and won’t be allowed back to play till next season, not sure that that will help a sale of the rugby club. Hopefully they will recover enough monies to cover all debts. I think we all have to hope that all debts are fully repaid. If you delve into the background of the Guardian article, I can only refer back to my posting a few weeks ago about our debt of gratitude to the Christie Trust, if WWRFC had had something similar, I’m not sure there sorry mess could have happened

Are you saying that if the total debts of the WWRFC are NOT covered by the liquidators and receivers selling their companies they could come after other companies owned by Not So Righteous Bothers?

[al1]

I recall that around the time the new owners arrived,club officials had a meeting at the Town Hall and that the discussions were not divulged.Perhaps this was to ascertain the strengths of the 'Christie Trust' in regard to any future scenarios similar to those we have sadly witnessed at Worcester Warriors

[Freez]

Jason Whittingham is apparently the sole owner now of MFC. He owns the club, the buildings but not the ground.
The board are meeting with him next week to discuss a way forward.

[SEASIDECLARET]

Bond group investments limited still have the two of them listed as directors on companies house register, and if my memory serves me well, the meeting with Council officials and members was when PMG was still in situ