The EWM Thread

Would you expect the club to release the details of everything they do ?

Did you put a copy of your mortgage agreement out to the public when you signed it ?

Yes I think I would expect them to put a decent statement out. They've been after investment for years so if they've finally got it then why wouldn't they say? Your being a right fanny lately deckchair

I asked Jim from the trust 3-4 weeks ago if they have spoken to Philip Day and the answer was no.

So either it's another lie or this has been very quick.

Email from Jim 22nd Feb - Hadn't met Philip Day.

Trust have said to News and Star they have been involved in this.

So either it's been very quick or indeed they haven't met Day and it's all dine by paper work,which is extremely poor, or they have lied again!

Re: Philip Day
R

Richard
Fri 24/02/2025 11:53
Sent Items
To:
Jim Mitchell ();
Cc:
This email address is being protected from spambots. You need JavaScript enabled to view it.;
Hi Jim

And were you allowed to ask questions/receive answers.

I'm at a bit of a loss to Mike's comment that its not black/white as to whether the poi has been involved from the start 640+ days ago.




From: Jim Mitchell
Sent: 24 February 2025 10:02
To: Richard
Cc: This email address is being protected from spambots. You need JavaScript enabled to view it.
Subject: Re: Philip Day

Hi Richard,

Yes, the person involved was sitting close to us and we had a clear view of the individual. Speaking personally, I had sufficient information to confirm the person's identity.

Jim

Sent from my iPad

On 24 Feb 2017, at 09:51, Richard <This email address is being protected from spambots. You need JavaScript enabled to view it.> wrote:

Hi Jim

I presume the trust were allowed to ask the "POI" questions? did you see his/her face? was research done to prove the person was who they said they were?



From: Jim Mitchell
Sent: 23 February 2025 18:40
To: Richard
Cc: This email address is being protected from spambots. You need JavaScript enabled to view it.
Subject: Re: Philip Day

Hi Richard,

Firstly, despite the subject heading, I presume you are not referring to Philip Day as I told you yesterday we had not met him.

Regarding the person who has become known as the POI, as you know we are limited in what we can say due to the agreements we entered into in order to participate in the process. What I can tell you is that when we met him the focus of the meeting was solely on his ideas and ambitions for improving the Club's situation and details of his investment plans.

Jim

Sent from my iPad

On 23 Feb 2017, at 16:25, Richard <This email address is being protected from spambots. You need JavaScript enabled to view it.> wrote:

Hi

We have been told that the trust have met the investor at least once.

Did the trust ask the question whether or not the investor has been involved since day one 600+ days ago and if yes did you get a response and if no why wasn't the question asked?


From: Richard <This email address is being protected from spambots. You need JavaScript enabled to view it.>
Sent: 22 February 2025 18:21
To: Jim Mitchell
Subject: Re: Philip Day

Thanks Jim
From: Jim Mitchell
Sent: 22 February 2025 18:20:26
To: Richard
Subject: Re: Philip Day

Hi Richard,

No.

Cheers.

Jim


Sent from my iPad

On 22 Feb 2017, at 16:59, Richard <This email address is being protected from spambots. You need JavaScript enabled to view it.> wrote:

Hi Jim

Have the trust met with Philip Day recently?

shaldon1 wrote: I am 100% confident in Philip Day. He has huge backing in the city of London and more important respect. His predecessor at EWM David Stevenson is an equally respected person and knowing David as I do I knew he would sell EWM only to someone who would carry the EWM banner to the ultimate for the benefit of all the staff.If Philip comes on board which seems very likely then I think the club will be in very good hands for the future. However, as supporters we must not expect fireworks although Days strategy is move quickly to build things up.
What I would like to say is that AJ in particular has always had the club at heart and always will and I knew that he would not sell the club down the river and if this comes off he should be truly thanked for all he has done for Carlisle United.

Like that nice Mr Knighton?

Mullen103 wrote: Email from Jim 22nd Feb - Hadn't met Philip Day.

Trust have said to News and Star they have been involved in this.

So either it's been very quick or indeed they haven't met Day and it's all dine by paper work,which is extremely poor, or they have lied again!

Re: Philip Day
R

Richard
Fri 24/02/2025 11:53
Sent Items
To:
Jim Mitchell;
Cc:
This email address is being protected from spambots. You need JavaScript enabled to view it.;
Hi Jim

And were you allowed to ask questions/receive answers.

I'm at a bit of a loss to Mike's comment that its not black/white as to whether the poi has been involved from the start 640+ days ago.




From: Jim Mitchell
Sent: 24 February 2025 10:02
To: Richard
Cc: This email address is being protected from spambots. You need JavaScript enabled to view it.
Subject: Re: Philip Day

Hi Richard,

Yes, the person involved was sitting close to us and we had a clear view of the individual. Speaking personally, I had sufficient information to confirm the person's identity.

Jim

Sent from my iPad

On 24 Feb 2017, at 09:51, Richard <This email address is being protected from spambots. You need JavaScript enabled to view it.> wrote:

Hi Jim

I presume the trust were allowed to ask the "POI" questions? did you see his/her face? was research done to prove the person was who they said they were?



From: Jim Mitchell
Sent: 23 February 2025 18:40
To: Richard
Cc: This email address is being protected from spambots. You need JavaScript enabled to view it.
Subject: Re: Philip Day

Hi Richard,

Firstly, despite the subject heading, I presume you are not referring to Philip Day as I told you yesterday we had not met him.

Regarding the person who has become known as the POI, as you know we are limited in what we can say due to the agreements we entered into in order to participate in the process. What I can tell you is that when we met him the focus of the meeting was solely on his ideas and ambitions for improving the Club's situation and details of his investment plans.

Jim

Sent from my iPad

On 23 Feb 2017, at 16:25, Richard <This email address is being protected from spambots. You need JavaScript enabled to view it.> wrote:

Hi

We have been told that the trust have met the investor at least once.

Did the trust ask the question whether or not the investor has been involved since day one 600+ days ago and if yes did you get a response and if no why wasn't the question asked?


From: Richard <This email address is being protected from spambots. You need JavaScript enabled to view it.>
Sent: 22 February 2025 18:21
To: Jim Mitchell
Subject: Re: Philip Day

Thanks Jim
From: Jim Mitchell
Sent: 22 February 2025 18:20:26
To: Richard
Subject: Re: Philip Day

Hi Richard,

No.

Cheers.

Jim


Sent from my iPad

On 22 Feb 2017, at 16:59, Richard <This email address is being protected from spambots. You need JavaScript enabled to view it.> wrote:

Hi Jim

Have the trust met with Philip Day recently?

You can't help yourself can you? Thats almost a month ago and l'm sure he's glad you've plastered his e mail address all over the internet.

Admin Edit - Email address has been removed!

High Street wrote:

Mullen103 wrote: Email from Jim 22nd Feb - Hadn't met Philip Day.

Trust have said to News and Star they have been involved in this.

So either it's been very quick or indeed they haven't met Day and it's all dine by paper work,which is extremely poor, or they have lied again!

Re: Philip Day
R

Richard
Fri 24/02/2025 11:53
Sent Items
To:
Jim Mitchell
Cc:
This email address is being protected from spambots. You need JavaScript enabled to view it.;
Hi Jim

And were you allowed to ask questions/receive answers.

I'm at a bit of a loss to Mike's comment that its not black/white as to whether the poi has been involved from the start 640+ days ago.




From: Jim Mitchell
Sent: 24 February 2025 10:02
To: Richard
Cc: This email address is being protected from spambots. You need JavaScript enabled to view it.
Subject: Re: Philip Day

Hi Richard,

Yes, the person involved was sitting close to us and we had a clear view of the individual. Speaking personally, I had sufficient information to confirm the person's identity.

Jim

Sent from my iPad

On 24 Feb 2017, at 09:51, Richard <This email address is being protected from spambots. You need JavaScript enabled to view it.> wrote:

Hi Jim

I presume the trust were allowed to ask the "POI" questions? did you see his/her face? was research done to prove the person was who they said they were?



From: Jim Mitchell
Sent: 23 February 2025 18:40
To: Richard
Cc: This email address is being protected from spambots. You need JavaScript enabled to view it.
Subject: Re: Philip Day

Hi Richard,

Firstly, despite the subject heading, I presume you are not referring to Philip Day as I told you yesterday we had not met him.

Regarding the person who has become known as the POI, as you know we are limited in what we can say due to the agreements we entered into in order to participate in the process. What I can tell you is that when we met him the focus of the meeting was solely on his ideas and ambitions for improving the Club's situation and details of his investment plans.

Jim

Sent from my iPad

On 23 Feb 2017, at 16:25, Richard <This email address is being protected from spambots. You need JavaScript enabled to view it.> wrote:

Hi

We have been told that the trust have met the investor at least once.

Did the trust ask the question whether or not the investor has been involved since day one 600+ days ago and if yes did you get a response and if no why wasn't the question asked?


From: Richard <This email address is being protected from spambots. You need JavaScript enabled to view it.>
Sent: 22 February 2025 18:21
To: Jim Mitchell
Subject: Re: Philip Day

Thanks Jim
From: Jim Mitchell
Sent: 22 February 2025 18:20:26
To: Richard
Subject: Re: Philip Day

Hi Richard,

No.

Cheers.

Jim


Sent from my iPad

On 22 Feb 2017, at 16:59, Richard <This email address is being protected from spambots. You need JavaScript enabled to view it.> wrote:

Hi Jim

Have the trust met with Philip Day recently?

You can't help yourself can you? Thats almost a month ago and l'm sure he's glad you've plastered his e mail address all over the internet.

Correct, No

Email address is public.

As I said extremely quick if what Jim said was true. A lot quicker than the 650 days billionaire nonsense.

BoardAdmin wrote: Email address edited out. In future please think before putting other peoples personal emails up - wether they're in the public domain or not. Thanks.

It's an email address that was on the website ffs. He's a rep that should be contactable.

BoardAdmin wrote: Email address edited out. In future please think before putting other peoples personal emails up - wether they're in the public domain or not. Thanks.

Would it have been ok if it was written in biro on a bed sheet?

Dancingbear wrote: Yes I think I would expect them to put a decent statement out. They've been after investment for years so if they've finally got it then why wouldn't they say? Your being a right fanny lately deckchair

Is a loan investment ? Though I feel that question was gone through 100 times over during the last 12 months.

Apologies Dancing, not my intention.

Just gets on my nerves that-
A) people seem to think everything, regardless of whether they realistically have any impact on it, is the boards fault
people seem to feel entitled to know the ins and outside of every single thing at the club, far more than any fans of other clubs I know do. Forgetting that the club is a business and they wouldn't expect to know the same about any other business.

Coupled with personal and work stress lately, has probably turned me into a irritable old git stuck inside a mid-20s body.

BoardAdmin wrote:

Mullen103 wrote:

BoardAdmin wrote: Email address edited out. In future please think before putting other peoples personal emails up - wether they're in the public domain or not. Thanks.

It's an email address that was on the website ffs. He's a rep that should be contactable.

It's common courtesy Mullen.

It's also not listed on the main CUOSC Contact page?

www.united-trust.org.uk/contactus.shtml

It was that's how I got it.

No bother though, your in charge

DeckchairBlue wrote:

Dancingbear wrote: Yes I think I would expect them to put a decent statement out. They've been after investment for years so if they've finally got it then why wouldn't they say? Your being a right fanny lately deckchair

Is a loan investment ? Though I feel that question was gone through 100 times over during the last 12 months.

Apologies Dancing, not my intention.

Just gets on my nerves that-
A) people seem to think everything, regardless of whether they realistically have any impact on it, is the boards fault
people seem to feel entitled to know the ins and outside of every single thing at the club, far more than any fans of other clubs I know do. Forgetting that the club is a business and they wouldn't expect to know the same about any other business.

Coupled with personal and work stress lately, has probably turned me into a irritable old git stuck inside a mid-20s body.

I blame your spats with NS. Seriously though if it was a few grand loan with no consequence then fine but the big thing for me is the charge on the ground. I know everyone says Day is a good bloke but what if at some point in the future it was called in?. I think its important people know why their ground has been secured by a outside party. Id expect most fans up and down the country would have a interest if it was their ground.

Under normal circumstances perhaps the club wouldn't need to report this. However, given the accusations of secrets , lies, lack of communication etc they have missed the bus again. Couple to that the can of worms that's been opened with all this speculation it another public relations disaster.

DeckchairBlue wrote: Would you expect the club to release the details of everything they do ?

Did you put a copy of your mortgage agreement out to the public when you signed it ?

On this yes , think they've been caught out by somebody's sharp eyes / digging into info in the public domain. Par for Kim jong Jenkins secret society tho .

It would give them brownie points with the fans who they know are desperate for positivity to come clean.

The charge is the downside......however possibly PD said no security no money !

Real cash into the Club is good. Cash in (covered by a charge over the club) and debt out is bad. (why would anyone buy someone's debts unless they also got something in addition)

Looking back to recent history, FS was owed over £1.0m which he loaned us to get rid of the FGB mortgage debt. So it was no cash in, but expensive debt out. I assume covered by a debenture over the Club.

FS writes off the debts, this (I assume) cancels the debenture and we have assets to secure further loans.

Bank business loans are cheap (2-3% over base) however they need re-paid.

White knight puts significant dosh in (secured by the ground) which it is assumed he will not want re-paid.

If this is it, then Win, Win, Win...........

As AJ is allegedly owed a stack, why did he not secure this against the assets ?

Am wondering if AJ is gonna see this season out then write off HIS loan and retire. Sell to PD for £1 ,so Day is the new chairman in waiting !

CCU, I think that explains the delay in signing off the accounts compared to last year when they had been signed on 5th November. It looks to me as if PFD (Pioneer) want to put their business relationship with the club on an arms length basis and have fixed a date before the end of April 2017 for when they get paid back. This has repercussions for the going concern sign-off of the 1921 company accounts by the auditors and forces the club to replace the PFD loan with what now seems to be a new arrangement with EWM. I suppose if no-one else came forward then AJ himself would have had to stump up the cash out of his own pocket.

I wrote about the accounting treatment of loans under FRS 102 a feweeks ago-I think that's why the loan in Pioneer will have terms attached to it so it isn't written off by the auditors.Marko will confirm if he is still alive.I also wrote about going concern issues-always a problem for football clubs at all levels.

I don't see EWM paying off dead loans but we shall see when the detail is revealed.

I do think this is a positive step for all-and I include the current stakeholders in that statement as the Club clearly needs refinanced properly and aggressively

Laffy wrote: I wrote about the accounting treatment of loans under FRS 102 a feweeks ago-I think that's why the loan in Pioneer will have terms attached to it so it isn't written off by the auditors.Marko will confirm if he is still alive.I also wrote about going concern issues-always a problem for football clubs at all levels.

I don't see EWM paying off dead loans but we shall see when the detail is revealed.

I do think this is a positive step for all-and I include the current stakeholders in that statement as the Club clearly needs refinanced properly and aggressively

Are you trying to make a certain point here by putting in that you think this is positive at the end of every post you make in this thread, or are you just trying to reinforce that you think this is a good thing?

I've heard he's wanting to turn BP into the north's biggest factory outlet. Jumpers and scarves as far as the eye can see.

That was from a very unreliable source mind.

I'm wetting myself with excitement!

I used to work at EWM abut 30 years ago in Longtown. That's the only thing I know about it ,hope this helps everyone

nobbyblue wrote: I've heard he's wanting to turn BP into the north's biggest factory outlet. Jumpers and scarves as far as the eye can see.

That was from a very unreliable source mind.

Heaven for me!

Once the jocks get independence BP could become a tax haven for woolly jumper outlets. Instead of fag runs we could make a killing getting them down for buckfast and cardies.

Don't be silly Bear

Dancingbear wrote: Once the jocks get independence BP could become a tax haven for woolly jumper outlets. Instead of fag runs we could make a killing getting them down for buckfast and cardies.

They'll need to be quick, because the folk from Gretna are already talking about independence from Scotland after Miss Krankie's speech today.

Gretna is to become a tax haven and the on-shore, off-shore Banking Centre of the British Isles.

The Chinese are already on the case, and have opened a premises in the area.

Apparently the new look Gretna Gateway sponsored by our new Chinese friends is already under construction.

I assume he knows what he's doing. I don't think you become a billionaire by accident.

Would like to see Day get together with AL and others who have tried to invest in the club, form a sort of coop with a fans group
on-board and take over from the present set up, to run the club in a more ambitious and business like manner. Can only dream lol.

Good structure would be 76pc EWM,14pc locals and 10pc protected for the Trust.

Simple

The Pioneer Stand could be renamed the Tammy Shanter Stand

We could end up like the sports direct for knitwear. Outlets all over selling 70% off all jumpers and woollen socks.

The first knitted kit. Heaviest strip going and all our fans in 'club wear' on the terraces in v necks and polo sweatshirts.

A knitted roof over the waterworks end and KC sat in the dugout dressed head to toe in an acrylic onesie.
Come on Day! Get your finger out and make it happen.

bruntonpete wrote: We could end up like the sports direct for knitwear. Outlets all over selling 70% off all jumpers and woollen socks.

The first knitted kit. Heaviest strip going and all our fans in 'club wear' on the terraces in v necks and polo sweatshirts.

A knitted roof over the waterworks end and KC sat in the dugout dressed head to toe in an acrylic onesie.
Come on Day! Get your finger out and make it happen.

So instead of a few wins papering over the cracks we'll be able to knit one pearl one over them instead.

pigeonpete wrote: I used to work at EWM abut 30 years ago in Longtown. That's the only thing I know about it ,hope this helps everyone

I did 3 weeks agency work there on Kingmoor when I was doley scum. Most mind numbing 3 weeks of my life, felt like 10 years.

Been told by a very reliable source that this isn't investment it's a full takeover.

[url= ] [/url]

The family weren't too impressed with the last purchase from EWM....

The latter Mouldy - but agree great news only positives.

And yes your right in that initial loan to end of season then full takeover ready for next. No idea if there's any dilution to the trust yet.

Dancingbear wrote:

bruntonpete wrote: We could end up like the sports direct for knitwear. Outlets all over selling 70% off all jumpers and woollen socks.

The first knitted kit. Heaviest strip going and all our fans in 'club wear' on the terraces in v necks and polo sweatshirts.

A knitted roof over the waterworks end and KC sat in the dugout dressed head to toe in an acrylic onesie.
Come on Day! Get your finger out and make it happen.

So instead of a few wins papering over the cracks we'll be able to knit one pearl one over them instead.

That's a darn good idea DB.

Daft question - why is it EWM investing/taking over and not Philip Day. Tax reasons?

Jesus!!!!! Just choked on me chips.

Probably tax driven in my view-if you are kissing goodbye to it,you might as well get a tax decuction for your trouble.

Very surprised there's been no official line on the whole thing.But then I'm not.

Philip Day is clearly smart,professional and he buys assets well.We will be alright for off the peg cashmere replica kit for a while me thinks.

I've heard they do a fine line in wooly hats as well Laffy.

Mullen103 wrote: Been told by a very reliable source that this isn't investment it's a full takeover.

You mean you read it on James Phillips Twitter

mojo wrote: I assume he knows what he's doing. I don't think you become a billionaire by accident.

Billionaire mojo!! No no PD is a tycoon..according to JC

cufcdeano wrote:

Mullen103 wrote: Been told by a very reliable source that this isn't investment it's a full takeover.

You mean you read it on James Phillips Twitter

More reliable than Mr Philips and more reliable than the trust sunshine.

I knew about Day a lot earlier than the trust did