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| I heard the reason for SF leaving was his request for 100K was turned down. This 100K was for improving facilities ie toilets, bars and turnstiles. The BOD refused this telling him he had to work to the original budget he was given.
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| One thing for certain is we have dodged a bullet by not partnering with Eric France Metals. Wakey are 100K down on sponsorship money for this season and are now looking for a replacement sponsor. And we thought Probiz was dodgy.
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| Nice to see you can raise a chuckle despite your troubles.
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| Quote ="Tigerade"I heard the reason for SF leaving was his request for 100K was turned down. This 100K was for improving facilities ie toilets, bars and turnstiles. The BOD refused this telling him he had to work to the original budget he was given.'" Nope, that wouldn't explain why Foz went too. I got the info from someone involved and he has absolutely no reason to lie to me.
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| Quote ="wakeyrule"Nice to see you can raise a chuckle despite your troubles.'"
I find it funny when looking back at various posters on your forum when our deal with Probiz went belly-up. What comes around eh.
Look on the bright side - we went a full year without any sponsorship money. Wakey have a chance to get a new sponsor in now. Shame about the shirts been messed up though.
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| Quote ="Therailwayendisuponus."Nope, that wouldn't explain why Foz went too. I got the info from someone involved and he has absolutely no reason to lie to me.'"
If this is true then all we need is for the potential sponsor to be named and it will all come out into the open. Its what the fans deserve at least.
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| Quote ="Tigerade"I find it funny when looking back at various posters on your forum when our deal with Probiz went belly-up. [uWhat comes around eh.[/u
Look on the bright side - we went a full year without any sponsorship money. Wakey have a chance to get a new sponsor in now. Shame about the shirts been messed up though.'"
Good luck with that, my moneys on you not having the last laugh.
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| Quote ="Therailwayendisuponus."This is exactly what has happened. JF is owed 2million, RW is owed 90k. Steve Ferres and Foz found a potential sponsor to the tune of 750k.SF explained to the board the sponsor would only part with the cash if it is to be used on developing the ground, signing players etc. They wouldn't part with the cash if the two directors were simply going to take the cash out. SF explained they could take the money out in time when the club was in a better place to do so. JF and RW weren't happy to do this. The rest we know. Don't ask me to name my source as I can't. But I can assure you this is correct. I don't blame either of them for leaving.'"
Makes you wonder if the 2 stories are linked. SF & NF try to introduce a new sponsor which is turned down. NF takes the potential sponsor to Wakey with him to replace Eric France Metals ?
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| Quote ="El Rey"Good luck with that, my moneys on you not having the last laugh.'"
So is mine.
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| Quote ="Tigerade"So is mine.'"
thats shut me up.
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| Quote ="Therailwayendisuponus."This is exactly what has happened. JF is owed 2million, RW is owed 90k. Steve Ferres and Foz found a potential sponsor to the tune of 750k.SF explained to the board the sponsor would only part with the cash if it is to be used on developing the ground, signing players etc. They wouldn't part with the cash if the two directors were simply going to take the cash out. SF explained they could take the money out in time when the club was in a better place to do so. JF and RW weren't happy to do this. The rest we know. Don't ask me to name my source as I can't. But I can assure you this is correct. I don't blame either of them for leaving.'"
If this is true, it is disgaceful behaviour by JF and RW. Expecting the CEO and Commercial Manager to attract sponsors to the club in order to line their own pockets at this moment in time.
But , we will never know if it's true unless, as Tigerade says, the potential / lost sponsor blows the whistle on this bunch.
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| Quote ="bigalf"But , we will never know if it's true unless, as Tigerade says, the potential / lost sponsor blows the whistle on this bunch.
'"
Or when Foz blows the
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| Quote ="Tigerade"One thing for certain is we have dodged a bullet by not partnering with Eric France Metals. Wakey are 100K down on sponsorship money for this season and are now looking for a replacement sponsor. And we thought Probiz was dodgy.
'"
A bit of wishful thinking there old boy. Yes they have gone bust and they do owe us, but not 100k. The whole deal wasn't worth much more than that.
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| Quote ="vastman"A bit of wishful thinking there old boy. Yes they have gone bust and they do owe us, but not 100k. The whole deal wasn't worth much more than that.'"
Unfortunately Vasty, the club itself has been quoted saying that the collapse has left you with a six figure shortfall which could be anywhere upwards from £100,000. There were already rumours that you were heavily in debt again prior to EF going belly up. Tough times ahead for both our clubs by the looks of things.
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Of which some has already been paid.
Thats why it isn't 100k.
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Of which some has already been paid.
Thats why it isn't 100k.
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Quote ="Wildthing"
Of which some has already been paid.
Thats why it isn't 100k.'"
Ill believe ssn over you gadaffi, cheers
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Quote ="Wildthing"
Of which some has already been paid.
Thats why it isn't 100k.'"
Ill believe ssn over you gadaffi, cheers
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| The whole deal was circa 100K p.a. This deal was paid in monthly installments and the last 2 or probably now 3 i believe haven't been paid. So providing Wakey can get a replacement sponsor relatively quickly then the losses can be kept to a minimum. And as the EF deal wasn't actually that good there is a chance that some of the loss could be clawed back by securing a better overall deal.
Wakey have had wind of this for a while and AG has already intimated that talks have taken place on a replacement. Maybe Fozz has brought his contacts book with him.....
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| Quote ="Theboyem"The whole deal was circa 100K p.a. This deal was paid in monthly installments and the last 2 or probably now 3 i believe haven't been paid. So providing Wakey can get a replacement sponsor relatively quickly then the losses can be kept to a minimum. And as the EF deal wasn't actually that good there is a chance that some of the loss could be clawed back by securing a better overall deal.
Wakey have had wind of this for a while and AG has already intimated that talks have taken place on a replacement. Maybe Fozz has brought his contacts book with him.....
'"
If he had it will be no use to your lot, when you learn to read maybe.....
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| Quote ="Theboyem"The whole deal was circa 100K p.a. This deal was paid in monthly installments and the last 2 or probably now 3 i believe haven't been paid. So providing Wakey can get a replacement sponsor relatively quickly then the losses can be kept to a minimum. And as the EF deal wasn't actually that good there is a chance that some of the loss could be clawed back by securing a better overall deal.
Wakey have had wind of this for a while and AG has already intimated that talks have taken place on a replacement. Maybe Fozz has brought his contacts book with him.....
'"
Everything fine then aboard the good ship Trinity. Nothing to worry about.
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| Quote ="Cas Till I Die"If he had it will be no use to your lot, when you learn to read maybe.....'"
Is that really the best comeback you could manage? Oh dear, standards really are low at that side of the common these days.
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| Quote ="Tigerade"Everything fine then aboard the good ship Trinity. Nothing to worry about.'"
Short term there is a problem, no doubt. The club are around 30k down on what they had budgeted for theres going to be a gap. But the deal was made as we emerged from administration and needed to get back on our feet so we took a longer term deal with supposed guaranteed income. The ran until the end of next season. That hasn't worked out but since then our stock has risen and new contacts made that means a new deal is likely to be on better term so in the long term the money can be virtually recouped. Its just the funding gap now that is the issue, one which will probably be filled by a director loan from AG to be paid back out of the new deal.
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| Watts the point in taking any pleasure from Wakys main sponsor going under, or does it take the fans mind off the problems we are having at Cas.
All we can do is enjoy the performances on the pitch,... but if any one has large amounts off money they wont miss, get down to Welden road and you will be welcomed with open arms.
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| Quote ="Cas Till I Die"Ill believe ssn over you gadaffi, cheers'"
Oh dear.
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I've seen here, read it again "will be able to [size=150fulfil[/size their commitment of a significant six-figure sum.
The original deal was a SIX figure sum when signed at the start of last season. The deal was not very good anyway, unlike some we don't inflate our deals. It was about 125k if I recall most of which has been paid.
It's not great to lose it and it will sting but if you want to misread it as 100K knock yourself out.
Why are you so reasonable on our forum yet show off like a big kid to your daft mates on here, puzzles me.
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I've seen here, read it again "will be able to [size=150fulfil[/size their commitment of a significant six-figure sum.
The original deal was a SIX figure sum when signed at the start of last season. The deal was not very good anyway, unlike some we don't inflate our deals. It was about 125k if I recall most of which has been paid.
It's not great to lose it and it will sting but if you want to misread it as 100K knock yourself out.
Why are you so reasonable on our forum yet show off like a big kid to your daft mates on here, puzzles me.
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