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  1. Laffy
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  3. 20-03-2017 12:23
Looks like they have made a loan to the 1921 company-registered at Companies House.
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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 :D


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

I knew about Day a lot earlier than the trust did :)

hmm wonder who that is ??
  1. 21-03-2017 19:58
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  3. # 151
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Wonder what fans views would be if Day bought Jenkins out but the other lot stayed in position. You never know we could get Nixon as chairman.
  1. 21-03-2017 20:09
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  3. # 152
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I wouldn't begrudge AJ becoming honorary life president if it did become a takeover - the bloke is a fan and has put his cash in over time.

It's what would happen to Nixon, Pattinson and Clibbens that is important - These three have a negative impact in most fans eyes.

Kidd and King would get a chance to prove their worth under new MD/Chief Exec for me - Working under the current regime must be frustrating!

Would also be interested in any potential Trust involvement and/or possible dilution.


Might Clibbens be getting a slightly unfair deal because he's effectively the mouthpiece for AJ, JN and, to a lesser extent SP?

If he had been brought in after a takeover by new owners might he be looked on more favourably? Guilty by association, perhaps?


Totally disagree. Someone told Barry at one of those fans seminars, where he goes and annoys people, that Clibbens is an arsehole so we've all got to hate him and hound him out the club. It's the law.


Fair point, well made.
  1. 21-03-2017 20:11
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  3. # 153
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http://i64.tinypic.com/s4p7d0.jpg

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


Your daughter(?) seems quite impressed..


No, this is a 'similar' family, my outfit has a bigger dong and less pubes.


It's ok Munchy you can tell him. That's my family chester and the daughter you refer to happens to be my wife, the woman to my left is my sister. Thanks for the recommendation Munchy we love them.
  1. 21-03-2017 20:14
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  3. # 154
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I wouldn't begrudge AJ becoming honorary life president if it did become a takeover - the bloke is a fan and has put his cash in over time.

It's what would happen to Nixon, Pattinson and Clibbens that is important - These three have a negative impact in most fans eyes.

Kidd and King would get a chance to prove their worth under new MD/Chief Exec for me - Working under the current regime must be frustrating!

Would also be interested in any potential Trust involvement and/or possible dilution.


I agree with the Jenkins bit forgive and forget, I'm an amiable type of guy. For Nixon, Pattinson and Clibbens may I suggest stocks and rotten potatoes in front of the main stand for the public shaming part. We could follow this up with a brazen bull on the edge of the pitch as the game kicks off to allow them to cheer the lads on for the first few minutes. With a bit of planning and the right timing we could have this set up for pre match entertainment for the first home fixture of next season. This would guarantee a capacity attendance for the match and provide a rousing send off for the three (censored). Anyone who thinks Clibbens isn't a fully paid up member of the boys club need only listen to his last condescending radio interview.
  1. 21-03-2017 20:21
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  3. # 155
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Nah, an angry bear in shackles that has been poked with sticks - let the bear loose giving them a five yard start.
  1. 21-03-2017 20:31
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  3. # 156
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I take your hungry lions and shackled bears and raise you a two week jam deprived markredfox...


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  1. 21-03-2017 20:33
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  3. # 157
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Nah, an angry bear in shackles that has been poked with sticks - let the bear loose giving them a five yard start.


Don't pick me I prob couldn't be arsed to run after them.
  1. 21-03-2017 20:37
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  3. # 158
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What about using a bull elephant, just imagine the clash of the titans when it catches Nixon's bulk. Then again don't think the RSPCA would be keen on dealing with a crushed elephant.
  1. 21-03-2017 20:57
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  3. # 159
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We could tie a bottle of buck-fast around Clibbens waist and put Nixon in a hoops shirt if that would help DB ?
  1. 21-03-2017 21:00
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  3. # 160
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Reasons to be happy have doubled today with this news ......now about the team......!!!!!!!!!!

Edit..OK going to "Where did it all go wrong "thread
  1. 21-03-2017 21:19
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  3. # 161
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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 :D


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

I knew about Day a lot earlier than the trust did :)


Oh God, not another "I'm Richard Mullen and I'm important because I'm in the know" saga.

I thought we'd finished with that after the Lapping deal ended.
  1. 22-03-2017 09:05
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  3. # 162
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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 :D


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

I knew about Day a lot earlier than the trust did :)


Oh God, not another "I'm Richard Mullen and I'm important because I'm in the know" saga.

I thought we'd finished with that after the Lapping deal ended.


Oh, not this again, I had enough of it last time with the Lapping deal, people crying into their milk because Richard Mullen knows more than they do.

Grow up!

I just happen to know stuff, so what, and I put it on here so that people that want to know and believe it can, if you don't like it so be it.
  1. 22-03-2017 09:10
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  3. # 163
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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 :D


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

I knew about Day a lot earlier than the trust did :)


Oh God, not another "I'm Richard Mullen and I'm important because I'm in the know" saga.

I thought we'd finished with that after the Lapping deal ended.


Oh, not this again, I had enough of it last time with the Lapping deal, people crying into their milk because Richard Mullen knows more than they do.

Grow up!

I just happen to know stuff, so what, and I put it on here so that people that want to know and believe it can, if you don't like it so be it.
Its obvious you have contacts very close to a certain person . Fair play to you for sharing but a couple of things crossed my mind . 1 - I hope it doesn't affect your relationship with this person and 2 - are you being used as a means of dripping info into the open.
Either way I hope it doesn't turn pear shaped for you .
  1. 22-03-2017 10:59
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  3. # 164
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Are we any closer to knowing whats going on now the document has been posted to companies house? Are we looking at investment or a takeover?
  1. 22-03-2017 11:27
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  3. # 165
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Are we any closer to knowing whats going on now the document has been posted to companies house? Are we looking at investment or a takeover?


James Phillips has hinted we'll find out more on Friday on the BBCRC preview show.
  1. 22-03-2017 12:18
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  3. # 166
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Everything you want to know, except what you want to know......

https://beta.companieshouse.gov.uk/company/00175280/charges/pns4r-rszG8lv1kIps0xsJfeYu0
  1. 22-03-2017 12:23
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  3. # 167
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Thanks Silentone. that all looks very standard. I think people have pieced together most of the clues. It looks very much like a two-stage process. EWM come in now as lender of last resort taking out PFD (Pioneer) and probably absolving AJ from the need to put any more money in. EWM will then look at stadium naming rights, shirt sponsorship etc and possibly a full takeover in the summer. The Jenkins family can withdraw gracefully from supporting the club financially leaving AJ there as Life President. Probably some more information will be released later this week and more in the programme notes on Saturday.

If my guesswork is correct then this has to be good news all round.
  1. 22-03-2017 12:44
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  3. # 168
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Would be fantastic news. Just makes me wonder what has changed if they have approached Phillip Day before and hes said no, why now yes?

I will also reserve judgement until we know whats happening with Nixon, Pattinson and Clibbins. They need to go, fresh start. My worry is that Nixon especially, manages to cling on and run the club on a day to day.
  1. 22-03-2017 13:51
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  3. # 169
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My guess is this was driven by cash flow-or lack of.Fair play to AJ if he has turned the tap off-I would do the same and change direction as he has clearly become the crutch in the absence of other funding.I doubt this was intentional on his part but we all have a limit.
  1. 22-03-2017 14:12
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  3. # 170
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The turnover has probably gone from £5m in our playoff season to £3m now in league 2. Is the 55% rule on wages by turnover limit for the players only or all staff?
  1. 22-03-2017 14:44
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  3. # 171
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Nixon (TOTH ) and Pattison should certainly be removed from their Directorships and never have a say in the running of the club again.
However the same should apply to Jenkins who is the main reason for our problems. It would be a dreadful mistake to allow any of the 3 to have a say in the running of CUFC ever again. I would judge any potential takeover by the above.
  1. 22-03-2017 15:24
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  3. # 172
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I think Laffy is probably correct, a close friend of mine who played for the club until recently told me a while ago that the club is paying huge bonuses which are linked to league position (not results) and are totally unsustainable, bearing in mind we have been in the top 3 for most of the season the cash-flow is likely to be taking a significant battering!
  1. 22-03-2017 15:30
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  3. # 173
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I think Laffy is probably correct, a close friend of mine who played for the club until recently told me a while ago that the club is paying huge bonuses which are linked to league position (not results) and are totally unsustainable, bearing in mind we have been in the top 3 for most of the season the cash-flow is likely to be taking a significant battering!


is that why results have suddenly taken a nose dive... instructions to get lower down the table to avoid paying out bonuses based on league position?
  1. 22-03-2017 16:00
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  3. # 174
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Be exciting to EWM group taking control and offsetting the huge operating losses a football club like ours inevitably makes against other profits, and in turn continue to do that to allow for development of playing squad, stadium and general facilities.


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  1. 22-03-2017 16:00
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  3. # 175
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I just hope the stayaways because of the horsemen are true to their word and come back in their droves to support the new regime.

not holding my breath though.
  1. 22-03-2017 16:20
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  3. # 176
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Keith Curle will be the excuse next.
  1. 22-03-2017 16:49
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  3. # 177
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I think Laffy is probably correct, a close friend of mine who played for the club until recently told me a while ago that the club is paying huge bonuses which are linked to league position (not results) and are totally unsustainable, bearing in mind we have been in the top 3 for most of the season the cash-flow is likely to be taking a significant battering!



Which genius signed those contracts off then if that is the case?
  1. 22-03-2017 16:50
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  3. # 178
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I think Laffy is probably correct, a close friend of mine who played for the club until recently told me a while ago that the club is paying huge bonuses which are linked to league position (not results) and are totally unsustainable, bearing in mind we have been in the top 3 for most of the season the cash-flow is likely to be taking a significant battering!



Which genius signed those contracts off then if that is the case?


Nixon dealt with contracts at the start of the season didn't he ?
  1. 22-03-2017 17:06
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  3. # 179
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All looking quite exciting then if Carwashes theory is correct.

Don't know what the set up will be but Nixon and Pattinson will be uncomfortable if they are forced to engage with the fans more and not be allowed to hide anymore.

You can't buy success but it would be nice to see a well run club with people running it that create that buzz that makes people feel that they are welcome back, they may even improve the catering - just little things.

And lets not forget, we are only two promotions away from being in what I believe is one of the most exciting leagues in Europe due to its unpredictability.

All sounds good, a bit like the Berlin Wall being smashed down in footballing terms :)
  1. 22-03-2017 17:28
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  3. # 180
ccu
Site Admin
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Thanks Silentone. that all looks very standard. I think people have pieced together most of the clues. It looks very much like a two-stage process. EWM come in now as lender of last resort taking out PFD (Pioneer) and probably absolving AJ from the need to put any more money in. EWM will then look at stadium naming rights, shirt sponsorship etc and possibly a full takeover in the summer. The Jenkins family can withdraw gracefully from supporting the club financially leaving AJ there as Life President. Probably some more information will be released later this week and more in the programme notes on Saturday.

If my guesswork is correct then this has to be good news all round.


Yep, that pretty much tallies up with what seems to be happening. As mentioned, the roles of Nixon, Pattinson and Clibbens will be a key aspect for most folk.

Interesting few weeks ahead, on and off the pitch...
  1. 22-03-2017 17:32
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  3. # 181
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Keith Curle will be the excuse next.


Not stopped CCU ;)
  1. 22-03-2017 18:02
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  3. # 182
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End of the day Clibbens is just an employee of the club, so any potential new owner would then choose whether to keep him.

Entirely possible that we could be taken over, AJ, JN and SP could leave but the new owner choose to keep Clibbens in his role.
  1. 22-03-2017 18:05
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  3. # 183
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I just hope the stayaways because of the horsemen are true to their word and come back in their droves to support the new regime.

not holding my breath though.

Im chomping at the bit marra..on hearing this speculation..lets hope its not another false dawn. I expect others like myself will follow.
  1. 22-03-2017 18:43
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  3. # 184
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My guess is this was driven by cash flow-or lack of.Fair play to AJ if he has turned the tap off-I would do the same and change direction as he has clearly become the crutch in the absence of other funding.I doubt this was intentional on his part but we all have a limit.


Plus he's probably had a sickner over the billionaire and had his eyes opened..... and that's being charitable to him and accepting the never ending tale was in fact true!
  1. 22-03-2017 18:54
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  3. # 185
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I think Laffy is probably correct, a close friend of mine who played for the club until recently told me a while ago that the club is paying huge bonuses which are linked to league position (not results) and are totally unsustainable, bearing in mind we have been in the top 3 for most of the season the cash-flow is likely to be taking a significant battering!



Which genius signed those contracts off then if that is the case?


Its totally normal to have such bonuses... KC had always said contracts are incentivised !
  1. 22-03-2017 19:00
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  3. # 186
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I think Laffy is probably correct, a close friend of mine who played for the club until recently told me a while ago that the club is paying huge bonuses which are linked to league position (not results) and are totally unsustainable, bearing in mind we have been in the top 3 for most of the season the cash-flow is likely to be taking a significant battering!



Which genius signed those contracts off then if that is the case?


Its totally normal to have such bonuses... KC had always said contracts are incentivised !



Its totally normal to have huge bonuses that are unsustainable, are you sure?
  1. 22-03-2017 19:32
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  3. # 187
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The flaw in the big bonuses argument is the broad assumption that success brings the crowds back and higher turnover-clearly not happened here which is a shame.

Paying rolling win bonuses based on league position is standard practice,usually an aggregate over say 10 games-often then supplemented by individual goal bonuses.At Motherwell,we had bonuses for beating the Old Firm.It soon adds up with NICs in top
  1. 22-03-2017 19:41
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  3. # 188
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I think Laffy is probably correct, a close friend of mine who played for the club until recently told me a while ago that the club is paying huge bonuses which are linked to league position (not results) and are totally unsustainable, bearing in mind we have been in the top 3 for most of the season the cash-flow is likely to be taking a significant battering!



Which genius signed those contracts off then if that is the case?


Its totally normal to have such bonuses... KC had always said contracts are incentivised !



Its totally normal to have huge bonuses that are unsustainable, are you sure?


Its totally normal to have such bonuses...... Totally stupid to make them such that they are unsustainable but at least they are saving on the win bonuses at the moment and on Wyke s goal bonuses :ohmy:
  1. 22-03-2017 19:46
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  3. # 189
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Makes you wonder why Jenkins got involved in football, don't doubt that he is a fan but the headache of the cost of promotion gets to him every time.

He is more than happy with a plodding mid table position and mediocrity.
  1. 22-03-2017 19:51
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  3. # 190
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It's a calling-you wake up one morning and think it's your turn/time.Inexplicable
  1. 22-03-2017 19:54
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  3. # 191
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It's a calling-you wake up one morning and think it's your turn/time.Inexplicable


If you got a phone call in the future then Laffy from the new owner, if there is to be one - would you consider in any way jumping on board in some capacity :)
  1. 22-03-2017 19:59
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  3. # 192
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It's a calling-you wake up one morning and think it's your turn/time.Inexplicable


If you got a phone call in the future then Laffy from the new owner, if there is to be one - would you consider in any way jumping on board in some capacity :)


it's a calling, not a (phone) call ;)
  1. 22-03-2017 20:35
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  3. # 193
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My guess is this was driven by cash flow-or lack of.Fair play to AJ if he has turned the tap off-I would do the same and change direction as he has clearly become the crutch in the absence of other funding.I doubt this was intentional on his part but we all have a limit.


Plus he's probably had a sickner over the billionaire and had his eyes opened..... and that's being charitable to him and accepting the never ending tale was in fact true!


he's maybe seen it as a get out of jail card and at the same time gets to drop Nixon and patison out of the equation. he gets his cash back, walks away from the two amigos and all's well in the world. Day has probably been sitting in the background biding his time, watching Nixon and patison con Jenkins time after time into funding their failings knowing full well that he'll eventually cotton on to what's happening and will put an end to it all.
  1. 22-03-2017 20:45
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  3. # 194
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I just hope the stayaways because of the horsemen are true to their word and come back in their droves to support the new regime.

not holding my breath though.

Im chomping at the bit marra..on hearing this speculation..lets hope its not another false dawn. I expect others like myself will follow.


Gloryhunter!
  1. 22-03-2017 23:42
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  3. # 195
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All looking quite exciting then if Carwashes theory is correct.

Don't know what the set up will be but Nixon and Pattinson will be uncomfortable if they are forced to engage with the fans more and not be allowed to hide anymore.

You can't buy success but it would be nice to see a well run club with people running it that create that buzz that makes people feel that they are welcome back, they may even improve the catering - just little things.

And lets not forget, we are only two promotions away from being in what I believe is one of the most exciting leagues in Europe due to its unpredictability.

All sounds good, a bit like the Berlin Wall being smashed down in footballing terms :)


Let's not be getting carried away, a takeover yes but to improve catering would be inconceivable!
  1. 22-03-2017 23:48
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  3. # 196
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All looking quite exciting then if Carwashes theory is correct.

Don't know what the set up will be but Nixon and Pattinson will be uncomfortable if they are forced to engage with the fans more and not be allowed to hide anymore.

You can't buy success but it would be nice to see a well run club with people running it that create that buzz that makes people feel that they are welcome back, they may even improve the catering - just little things.

And lets not forget, we are only two promotions away from being in what I believe is one of the most exciting leagues in Europe due to its unpredictability.

All sounds good, a bit like the Berlin Wall being smashed down in footballing terms :)


Let's not be getting carried away, a takeover yes but to improve catering would be inconceivable!


Dunno, looks like Deano's having a cracking on another thread.
  1. 23-03-2017 00:27
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  3. # 197
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To tie two popular threads together, there was a story EWM was moving its HQ to Carlisle from Langholm to escape Sturgeon's tartan jackboot (well the financial version of it). Investing in CUFC could be part of this grander scheme.
  1. 23-03-2017 07:45
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  3. # 198
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To tie two popular threads together, there was a story EWM was moving its HQ to Carlisle from Langholm to escape Sturgeon's tartan jackboot (well the financial version of it). Investing in CUFC could be part of this grander scheme.


Orfc, I was thinking exactly the same thing after reading the news and star article from last November. http://www.newsandstar.co.uk/news/business/National-retailer-poised-to-make-Carlisle-its-headquarters-bringing-300-jobs-7bfb776f-66b7-4e8a-9769-ad401600e46d-ds

Rather than spend millions on that building in the centre of Carlisle with the attendant traffic and parking problems they could redevelop part of Brunton Park for offices. A stadium used only on Tuesday nights and Saturday afternoons with a few summer concerts could easily accommodate 300 employees working normal office hours.
  1. 23-03-2017 08:48
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  3. # 199
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To tie two popular threads together, there was a story EWM was moving its HQ to Carlisle from Langholm to escape Sturgeon's tartan jackboot (well the financial version of it). Investing in CUFC could be part of this grander scheme.


Orfc, I was thinking exactly the same thing after reading the news and star article from last November. http://www.newsandstar.co.uk/news/business/National-retailer-poised-to-make-Carlisle-its-headquarters-bringing-300-jobs-7bfb776f-66b7-4e8a-9769-ad401600e46d-ds

Rather than spend millions on that building in the centre of Carlisle with the attendant traffic and parking problems they could redevelop part of Brunton Park for offices. A stadium used only on Tuesday nights and Saturday afternoons with a few summer concerts could easily accommodate 300 employees working normal office hours.


Now that does make good sense
  1. 23-03-2017 09:18
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  3. # 200


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