Southend £1million Windfall

[WESTY_SUFC]

Love him or loth him Ron has yet to really fail the club .Despite what we as fans think of him he goes about his task of trying to keep or club from taking a penalty points hit through administration .And he has got British land on board with the new stadium .So all though I am not a Ron fan I feel he should get some credit for what he is trying to do .

Ron stated that we would be in a new stadium years ago and we are not. It's a fact he failed to meet his own deadline and the clubs debt has grown since. He failed to pay his debts to HMRC on time on numerous occasions. Failed to pay staff in past. The list of fails could go on etc. All these things I can understand that circumstances may have made things difficult but one think I will never forgive him for...he fails to tell the truth.

 

[spoons]

Might we see The Dome erection soon?

Oooeeerrrrrr not at the moment, dirty boy!:'(

 

[Gt Yarmouth Shrimper]

I don't think this Ron eulogy has much substance. When a club goes into administration, the creditors lose out big time. Given our main debts are to him and his, administration would suit him even less than us.

Also I wasn't aware British Land were going to be involved with the stadium.

Over 15% of the league clubs have moved into new stadiums in the 15 years whilst Fossetts Farm really doesn't look any closer at all.

Administration means the club loses control.

Over 40 clubs have gone into administration in the last 20 odd years. I'll raise you one.

 

[Yorkshire Blue]

He just keeps adding debt to the club also consolidating his other companies debt into our parent company. It's actually screwed us over more. The club has existed far longer than Ron has been involved. It's an insult to say it wouldn't without him.

It's not an insult.

He might just keep adding debt but he's extending credit. If he doesn't, who does?

I don't think banks are queuing up to invest in Football League clubs.

Administration means the club loses control.

Over 40 clubs have gone into administration in the last 20 odd years. I'll raise you one.

Who is "the club"?

 

[Firestorm]

It's not an insult.

He might just keep adding debt but he's extending credit. If he doesn't, who does?

I don't think banks are queuing up to invest in Football League clubs.





Who is "the club"?

It was the banks failing to lend any more that forced Vic to sell to Ron in the first place

 

[WESTY_SUFC]

It's not an insult.

He might just keep adding debt but he's extending credit. If he doesn't, who does?

I don't think banks are queuing up to invest in Football League clubs.



Who is "the club"?

Bradford and Orient have been taken over in the last few years without the possibility of making money through a new stadium project. Proof there are investors willing to take on football clubs. Various other clubs also have changed hands.

Ron can't take us to where we need to be long term and is making it harder to turn it around every year.

 

[Bearded Shrimper]

Bradford and Orient have been taken over in the last few years without the possibility of making money through a new stadium project. Proof there are investors willing to take on football clubs. Various other clubs also have changed hands.

Ron can't take us to where we need to be long term and is making it harder to turn it around every year.

and that worked out well for them didn't it?
the grass is not always greener

 

[DCC]

I'm still wondering what happened to the money from the first Dominic Iorfa...

 

[Mick]

I don't think this Ron eulogy has much substance. When a club goes into administration, the creditors lose out big time. Given our main debts are to him and his, administration would suit him even less than us.

Also I wasn't aware British Land were going to be involved with the stadium.

Over 15% of the league clubs have moved into new stadiums in the 15 years whilst Fossetts Farm really doesn't look any closer at all.

Administration means the club loses control.

Over 40 clubs have gone into administration in the last 20 odd years. I'll raise you one.

You''ll raise me one what ? A glass ?

Of the 28 League clubs that have gone into administration in the last 20 years, nearly all are still going strong and nearly a third of them are in the Premiership or have been in it since their administration.

I'm not sure of the point you are making relative to Ron.

 

[WESTY_SUFC]

and that worked out well for them didn't it?
the grass is not always greener

The point was that there other investors. If you want to make an argument I would say that if Orients owners were to invest the same amount every season they would very likely be better than us in the long run.....not just over one or 2 years. Ps don't get me wrong I'm delighted they are flopping big time

 

[Bearded Shrimper]

i mean that their flash and loaded new owners have turned out to make poor decisions and took a team that were in the play offs down to relegation then one of the favourites for promotion into mid table via thousands wasted on terrible players and a managerial revolving door.

i'm not saying there is no one better than Ron, just to be very careful what we wish for

 

[Rattus Norvegicus]

I mean that their flash and loaded new owners have turned out to make poor decisions and took a team that were in the play offs down to relegation. Then one of the favourites for promotion into mid table via thousands wasted on terrible players and a managerial revolving door.

I'm not saying there is no one better than Ron, just to be very careful what we wish for.

Indeed - better the devil you know. I think there is a difference between a local person splashing the cash compared with a complete outsider coming in ............. but even then, there have been some "outsider" investors that have been reasonable custodians of the clubs they have purchased. However many aren't. :'(

 

[Bearded Shrimper]

Indeed - better the devil you know. I think there is a difference between a local person splashing the cash compared with a complete outsider coming in ............. but even then, there have been some "outsider" investors that have been reasonable custodians of the clubs they have purchased. However many aren't. :'(

exactly, there's no guarantee that anyone else would be better. they might but they might not. i don't personally think that saying 'we should get rid of Ron, Orient did' is a ringing endorsement of the alternatives

 

[WESTY_SUFC]

exactly, there's no guarantee that anyone else would be better. they might but they might not. i don't personally think that saying 'we should get rid of Ron, Orient did' is a ringing endorsement of the alternatives

But that is not what happened. Barry Hearn sold the club to people who could put money he couldn't afford to in the club. Correctly as pointed out the new owners arnt doing a good job at the moment but when they get it right they will wipe us aside. Also Barry Hearn managed to redevelop most of the ground too in his time at the club despite less success on the pitch. Oh and also managed finances properly and had a good rapport with other wealthy investors who he could get onside where Ron has a poor reputation after his woeful partnerships. A roaring success in comparison to Ron in terms of moving their club forward.

I've said it before and I'll say it again. We won't move forward under Ron's sole ownership.

 

[Bearded Shrimper]

Hearn did alright for sure. he's redeveloped their ground and got them to the League One play-offs.

however, there's no guarantee that the new loaded owners will get it right. the fact that they took a team from the play offs of league one to the middle of league 2 via loads of money wasted is hardly a ringing endorsement of their ownership.

who'd be willing to drop from doing better than we are now to worse than we've done since Before Tilson just to have some random Italian splash some cash? That's not a deal i'm willing to take

 

[WESTY_SUFC]

Hearn did alright for sure. he's redeveloped their ground and got them to the League One play-offs.

however, there's no guarantee that the new loaded owners will get it right. the fact that they took a team from the play offs of league one to the middle of league 2 via loads of money wasted is hardly a ringing endorsement of their ownership.

who'd be willing to drop from doing better than we are now to worse than we've done since Before Tilson just to have some random Italian splash some cash? That's not a deal i'm willing to take

If they managed to build a decent new stadium and clear the debt I'd happily take the hit. You forget Ron has already directly cause us to drop. Just a matter of time before the debt rises out of his control and we will be hit again.

 

[mfurok]

The point was that there other investors. If you want to make an argument I would say that if Orients owners were to invest the same amount every season they would very likely be better than us in the long run.....not just over one or 2 years. Ps don't get me wrong I'm delighted they are flopping big time

Orient's investors are Bechetti and (allegedly) his mum.

 

[Bearded Shrimper]

If they managed to build a decent new stadium and clear the debt I'd happily take the hit. You forget Ron has already directly cause us to drop. Just a matter of time before the debt rises out of his control and we will be hit again.

i don't forget that at all - we overspent in the Championship and managed our finances very badly - i don't want to see us do that again.

all i'm saying that we don't know what we'd get if someone else took over but i'd rather be in our position than Orient

 

[WESTY_SUFC]

i don't forget that at all - we overspent in the Championship and managed our finances very badly - i don't want to see us do that again.

all i'm saying that we don't know what we'd get if someone else took over but i'd rather be in our position than Orient

Fair enough I understand your point. I just can't see us going anywhere under Ron. Would honestly love to be proved wrong. I guess my views are also tainted having personal issues with the man telling the truth and know others with the same opinion.

 

[Bearded Shrimper]

i don't think he's perfect my any means but we have had some of our most exciting times under his ownership, we've had some good promotion, one terrible relegation, and some near misses.

if we could ever move then i'd be sad but delighted, so i'm not saying he's perfect but i worry there might be worse rather than better