Derek Adams

[red shrimp]

A recent quote from Derek

" The last month has been terrible. The worst time for me as a manager. Some of the things I can't say on camera that has happened. There's a lot of inner-workings that have been very difficult. The players have shown how well they've coped with it"

"I'm worried off the pitch, not on the pitch at this moment in time. We need clarity to help us, but on the pitch we should be doing better as well. We have had a few injuries and we haven't got the biggest squad in the world. We've got 24 senior players"


This is very worrying

[P/T Indie]

Just seen something similar in the Lanc Guardian Derek saying it's been a "traumatic time".

Something must be going on the club has unofficially been up for sale for a couple of years now and hasn't caused an issue before. Wonder if Colin and Jason are trying to get some cash released from the club or some other type of financial trickery.

[red shrimp]

Charlie Appleyard has tweeted that we need not worry, and that the club is in good hands with the BOD. A few people are saying this is Derek's way of passing the blame for recent results. A couple of Bratford fans have said that he did a carbon copy of this interview with them last season when things weren't going well on the pitch. Time will tell, but something seems to be coming to ahead. It would be great if we could just focus on the actual footy for once!

[P/T Indie]

I was wondering if he was trying to pass on the blame or deflect attention apparently he has done that at all his other clubs when things start to go wrong.

Although his quote is very strongly worded which seems to suggest there is a bit more to it, otherwise he could have just said the off field business is a distraction.

[red shrimp]

I was wondering if he was trying to pass on the blame or deflect attention apparently he has done that at all his other clubs when things start to go wrong.

Although his quote is very strongly worded which seems to suggest there is a bit more to it, otherwise he could have just said the off field business is a distraction.

For him to come out and publicly say that the past month has been "terrible" & "traumatic" off the pitch is very damning, I think there is more to it for sure. I suppose we just have to trust the BOD and get on with it. Hopefully a buyer can be found soon and we can move on from all this and focus on the football.

[Keith]

Charlie Appleyard has tweeted that we need not worry, and that the club is in good hands with the BOD.

That is the one HUGE advantage that we have got, in that we have board members who are passionate about the club. Whatever is happening off-field is a distraction, but I feel confident in trusting the people who steer the club forwards. It would be great to find that the ownership issue is resolved, hopefully (wishful thinking!) a consortium of local business people who all would have the future of the club at their hearts.

[Redalert1970]

Hope we aren't heading for administration or worse ???

That would be the end of our season if it happens

[red shrimp]

Hope we aren't heading for administration or worse ???

That would be the end of our season if it happens

I wouldn't rule anything out as long as these frauds are in charge, but we have to trust the BOD in this case.

[Potted Shrimp]

Quite simply shifting the blame onto our dismal on-pitch performances onto 'off-field' issues, to not make himself look so bad.

We are in this position because we failed to bring any decent players in during the summer, end of.

[red shrimp]

Quite simply shifting the blame onto our dismal on-pitch performances onto 'off-field' issues, to not make himself look so bad.

We are in this position because we failed to bring any decent players in during the summer, end of.

Think that’s a bit harsh , we signed some decent players in the summer , Taylor was highly rated at Vale , we all know about Ash Hunter and what he can bring, he was a coup for us imo , Rawson has been decent, Jacob was seen as a huge signing for us on a 2 year. We’ve just been unlucky with injuries, losing Hunter was a serious blow. IMO Derek wasn’t backed enough and now we know why. Derek wanted Gomes but wasn’t backed on that deal due to the budget. That showed a lack of ambition in my eyes, he’s our Wembley hero , we should have pulled out the stops to get him back!

[Freez]

The club did try and get Carlos back, however it couldn’t happen as it would have been financial suicide as Luton wanted the loaning club to pay a massive portion of his weekly wage.
The budget couldn’t take it, full stop.
Shame, but Fleetwood (Pilley) have upped their budget and are gambling big time. Our best hope is a new owner with a bit of a cash injection. We are certainly a more attractive proposition in League 1 with average crowds of over 4,000 than when Derek took over.

[black morse]

What was all this business about a rumour that there was a potential buyer(s) close to home?
Do we think there is anything in it?

Charlie Appleyard seems like a decent guy so if he says trust the board that's exactly what we'll have to do.

[KenH]

Quite simply shifting the blame onto our dismal on-pitch performances onto 'off-field' issues, to not make himself look so bad.

We are in this position because we failed to bring any decent players in during the summer, end of.

He only failed to bring in more decent players because the owners didn't come up with the money for the wages needed. It's not like he'll be sat on a pile of cash and chose not to bring in more players/better quality players is it??

[Dave (Barra)]

Charlie Appleyard has tweeted that we need not worry, and that the club is in good hands with the BOD.

That is the one HUGE advantage that we have got, in that we have board members who are passionate about the club. Whatever is happening off-field is a distraction, but I feel confident in trusting the people who steer the club forwards. It would be great to find that the ownership issue is resolved, hopefully (wishful thinking!) a consortium of local business people who all would have the future of the club at their hearts.

Sorry if this is a daft question but why can’t the current board buy the club? Seems strange to have one group of people owning the club and another group running it.

I’m sure it’ll all work out in the end.

[P/T Indie]

I'm guessing the board don't have a spare £2 million+ between them.

The position is probably a bit strange because the owners wanted to be more silent partners so left the current board to get on with it hoping that one day they could cash in their investment after little effort. They saw us as a way to make money (god knows how) and had no interest or understanding of football.

Any new owners who are more hands on might want the current board to resign and to run it themselves.

[Wild Bill]

I'd imagine it would cost more than £2m to buy MFC. I think the directors pay £15k a year, so it's a different league of money required.

[Dave (Barra)]

I'm guessing the board don't have a spare £2 million+ between them.

The position is probably a bit strange because the owners wanted to be more silent partners so left the current board to get on with it hoping that one day they could cash in their investment after little effort. They saw us as a way to make money (god knows how) and had no interest or understanding of football.

Any new owners who are more hands on might want the current board to resign and to run it themselves.

Fair does, cheers.

Any scope for the Supporters Trust to get involved? We have a 10% stake at Barra, costs between £50-70k per year although the long term plan is for that to decrease as facilities improve and generate more cash, getting us back to break even.

[Keith]

Sorry if this is a daft question but why can’t the current board buy the club? Seems strange to have one group of people owning the club and another group running it.

I think many of us, myself included, are hoping that is exactly what happens eventually, with a consortium, that may include some ex-directors or other interested local businessmen from the area. Perhaps at the moment, they are simply too far away from each other's valuation of the club? If [say] the owners value it at £8 million and the board value it at £5 million, then there is still a lot of negotiating to be done. If we are relegated, then the owners may feel that it is worth £5 million in League Two and the board would value it at £3.5 million, so it could be that as the season continues, and it becomes clearer how we're likely to pan out, then minds may become focussed? If we enter December still in the crap, the owners will need to decide, invest in transfers in January, to try and protect their perceived value of the club, and gamble on it remaining in League One, or bail out while it still has a higher value, leaving the new owners to invest in players to try and protect their asset? But, if they remain too far apart, then a drop in to League Two may be needed before a price can be agreed?

The figures are completely made-up to demonstrate the argument, and the rest of it is entirely my speculation and could be entirely bollocks!

[SEASIDECLARET]

Hi Keith, I suspect your figures by be about 20% higher than the very top of the market estimates, however, as to the financial rational behind buying a football club, it’s always a sort of rule of thumb that you don’t commit more than about 10% of your liquid assets to the project. So if someone/business were to look at buying a football club at your estimated £8million, they would need £80million in liquid assets, and you mustn’t forget about the contingency for losses over there period of time you envisage owning a football club! Quite daunting really. As to the current owners and future funding, I am not sure that after the Administrator and now the liquidator at the various WWRFC concerns are finished with them, that they will have anything left or so the warriors fans hope,

[marky No.1]

It needs someone with money to use as a plaything rather than an investment, cos there aint much in material assets to 'invest' in. Your cash will only get an injection if you get a 3rd round game at Old Trafford after a televised draw at home

[Redalert1970]

Really hope someone buys us soon ...just seen dereks latest interview and he sounds really really worried

[BerlinWaller]

The Hemmings family said that they lose £12000000 a year as owners of PNE. We are going to need somebody with deep pockets to run the club as well as invest in the playing squad and stadium. There is also the matter of needing 12 acres of land to build a training complex.

We need to get behind Derek and the players.

[captain sparkle]

Still some money knocking around locally (on paper at least!)-
Second filing of a statement of capital following an allotment of shares on 19 December 2021
GBP 76,872,095.00
Second filing of a statement of capital following an allotment of shares on 4 January 2022
GBP 77,115,561.70
Statement of capital following an allotment of shares on 1 December 2021
GBP 53,072,095.00

Don't really understand the whole of it, it's funny where you end up when you start looking at Companies House website!!

[Bare bum]

Quite simply shifting the blame onto our dismal on-pitch performances onto 'off-field' issues, to not make himself look so bad.

We are in this position because we failed to bring any decent players in during the summer, end of.

Of course, Derek may feel his morality and sense of fair play is severely compromised by the behaviour and actions of his bosses, Goldring and Whittingham?
I can see that being very troubling for him.

[redrobo]

Quite simply shifting the blame onto our dismal on-pitch performances onto 'off-field' issues, to not make himself look so bad.

We are in this position because we failed to bring any decent players in during the summer, end of.

Not entirely true in my opinion.

Yes both new full backs are not as good as the ones already on the books.

The midfield signings are good with the loanee being the pick of the bunch.

Where we lack in the current squad players available is an accomplished goal scorer and a decent defensive midfielder rather than Fane who has been poor to date.

Not convinced in either goalkeepers if I'm being honest BUT for me the biggest problem we have is the style of play that DA prefers and appears unable to deviate from which is too defensive for me resulting in negative football with a poor stats record.