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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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There is all the potential for thousands of fans to be modelling the latest EWM knitwear during televised matches.
  1. 23-03-2017 09:29
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  3. # 201
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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.


Can't see that being feasible in reality ...although you'd think the East Stand is vast , not to accommodate that number of staff, while the old Job Centre is office space in waiting. Certainly looks like PD is relocating south tho!
  1. 23-03-2017 09:58
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  3. # 202
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I think it is likely that PD was contacted earlier and told the BOD he would not get involved with the club as long as the 'billionaire' saga continued.
Then as the financial situation deteriorated, AJ were forced to bite the bullet, end the billionaire saga, and accept an offer from PD.
  1. 23-03-2017 12:05
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  3. # 203
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MK Dons have a Doubletree Hotel in their ground with hundreds of rooms, a few offices in East Stand surely isn't impossible.
  1. 23-03-2017 12:39
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  3. # 204
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All this speculation! The radio the paper, here! What's missing? ANYTHING from the club! They have once again scored a public relations own goal. Proof they have no idea whatsoever!
  1. 23-03-2017 12:47
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  3. # 205
ccu
Site Admin
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All this speculation! The radio the paper, here! What's missing? ANYTHING from the club! They have once again scored a public relations own goal. Proof they have no idea whatsoever!


They did say they would comment in due course. Also, Phillips on BBCRC has indicated there may be news coming.

Think tomorrow could see some official announcements, with it being lead up to the match etc?
  1. 23-03-2017 12:55
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  3. # 206
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All this speculation! The radio the paper, here! What's missing? ANYTHING from the club! They have once again scored a public relations own goal. Proof they have no idea whatsoever!


They did say they would comment in due course. Also, Phillips on BBCRC has indicated there may be news coming.

Think tomorrow could see some official announcements, with it being lead up to the match etc?


Exactly - from a comms view point, it sounds pretty well coordinated, just unfortunate that the info was spotted on the Companies House website!
  1. 23-03-2017 13:17
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  3. # 207
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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.


Can't see that being feasible in reality ...although you'd think the East Stand is vast , not to accommodate that number of staff, while the old Job Centre is office space in waiting. Certainly looks like PD is relocating south tho!


Of course it's feasible, plenty of clubs up and down the country do it. Blackpool have the Lancashire NHS trust offices in their main stand, some clubs have hotels (MK Dons, Bolton). It's a simple way of making use of the premises all day, every day. I mentioned numerous times that it was a missed opportunity when the County Council chose to build its new offices down botchergate rather than at BP, had there been a better relationship between the football club and the council then who knows. Either the council builds the stand and owns the offices or the football club build the stand and charge the council rent.
  1. 23-03-2017 14:15
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  3. # 208
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Think the East Stand was modelled on a scaled down version of the East Stand at Leeds.
It was the same contractors, architects etc, but obviously as a single tier..
Leeds have a 500 strong firm of solicitors on the middle floor, so I would be surprised if 300 (are EWM offices 300 strong and would they all be relocation?) could not be accommodated.
  1. 23-03-2017 15:28
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  3. # 209
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You'll know if this is good news or bad news as soon as you see the headline of the article on the site. If it's before the game it's a really positive step and they'll use it as a way to appease the fans and stop protests; if it's after the game it bad news and we're up the creek, but without a game for two weeks for people to really vent their anger.
  1. 23-03-2017 15:49
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  3. # 210
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The speculation is very interesting about EWM possibly using BP as it's HQ especially if Mr Day was smart enough to buy the Rugby club also. Think about it, Use the east stand for the football business and bars, redevelop the old west stand area and Rugby club to provide new bespoke offices, car parking(beneath Offices due to flood history) and new west stand at that side of the ground.

I'm not holding my breath about any of this mullarkey at the minute, too many false dawns!!
  1. 23-03-2017 16:22
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  3. # 211
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Why would they use BP, when thy have that monstrous place at Kingmoor Park ?
  1. 23-03-2017 16:53
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  3. # 212
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All this speculation! The radio the paper, here! What's missing? ANYTHING from the club! They have once again scored a public relations own goal. Proof they have no idea whatsoever!


But all it is at the moment is speculation.

If you look through this thread it's gone from EWM loaning the club money, to the money being used to pay off the Pioneer loans, Day then taking over the club at the end of the season and now he's going to Base his whole company out of the offices that there may or may not be space for in the East Stand.

All of this has been speculated and believed in the space of a couple of days, when it's entirely possible that none of this will be true, then those coming up with this speculation will blame the club for them not being right.

I think people need to calm down a bit and just wait and see what actually happens.
  1. 23-03-2017 16:59
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  3. # 213
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Yep, too many false dawns. I'm still grieving over Lapping's deal and the relating bull crap with said billionaire.

I think im gona wait until its all sealed and deal done before I go back after my last game v Luton last week.
  1. 23-03-2017 17:12
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  3. # 214
ccu
Site Admin
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Think the East Stand was modelled on a scaled down version of the East Stand at Leeds.
It was the same contractors, architects etc, but obviously as a single tier..
Leeds have a 500 strong firm of solicitors on the middle floor, so I would be surprised if 300 (are EWM offices 300 strong and would they all be relocation?) could not be accommodated.


Difference being that Leeds East Stand was fully completed. Bit of a step up from CUFC utilising some spare office space in an incomplete Stand for a dozen or so staff with basic access facilities!
  1. 23-03-2017 17:17
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  3. # 215
ccu
Site Admin
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The speculation is very interesting about EWM possibly using BP as it's HQ especially if Mr Day was smart enough to buy the Rugby club also. Think about it, Use the east stand for the football business and bars, redevelop the old west stand area and Rugby club to provide new bespoke offices, car parking(beneath Offices due to flood history) and new west stand at that side of the ground.


Ideal world Day would take over, buy Rugby Club (Who are rumoured to want to sell up?) and redevelop whole area with a new Ground, training pitch and office facilities for his business - all developed to be floodproof (Raised with Car Park on lower floor for example)!

We can dream...
  1. 23-03-2017 17:20
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  3. # 216
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The speculation is very interesting about EWM possibly using BP as it's HQ especially if Mr Day was smart enough to buy the Rugby club also. Think about it, Use the east stand for the football business and bars, redevelop the old west stand area and Rugby club to provide new bespoke offices, car parking(beneath Offices due to flood history) and new west stand at that side of the ground.


Ideal world Day would take over, buy Rugby Club (Who are rumoured to want to sell up?) and redevelop whole area with a new Ground, training pitch and office facilities for his business - all developed to be floodproof (Raised with Car Park on lower floor for example)!

We can dream...




Precisely CCU, all speculation but we can dream, even the pedant/pessimist deckchair can't steal our dreams!!;) :lol:
  1. 23-03-2017 17:34
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  3. # 217
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Sorry to say this but my contact who is well known and is at the club everyday tells me its just a loan and nothing else.And believe me he sees all the comings and goings. But if anyone seen me talking to him i would be whisked away by the men in white coats .Can you guess who it is
  1. 23-03-2017 17:43
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  3. # 218
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An eventual takeover with the East Stand finally getting used all seems too good to be true.

Somehow I cannot believe we'll get rid of the three amigos that easy!
  1. 23-03-2017 18:05
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  3. # 219
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My instinct tells me this is emergency funding after the penniless and shy billionaire turned out to be a charlatan.The charge over the stadium gives PD a degree of control over how the money is spent without him getting too involved in legal documentation.Essentially the Club and funder has simply run out of cash.Will be inteteresting to hear how this is spun to the outside world.

It's what happens next that is of more interest.If nothing happens,it's probably £2.5m of debt with no obvious means of repayment.I doubt anyone would put money in with that much debt and the current capital structure.I'm therefore optimistic that something strategic will happen-probably at the end of the season.Pouring more debt into an already big hole seldom works-especially with a business turning over £3m and losing money.
  1. 23-03-2017 18:40
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  3. # 220
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There has to be something more to this than just a loan, simple benevolance doesn't make sense.
  1. 23-03-2017 18:47
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  3. # 221
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Bottomline is the Club has burned at least £2m of cash it didn't have in the last few years-step forward AJ.If that's what being a custodian involves,I need to revisit the dictionary.Lets also call it 'dubious business'

For whatever reason,the Club has had to borrow more money and mortgage the only asset it has.Thankfully to someone local who is smart-unlike previous alternative lenders.

The next few weeks will see who is more worthy of the title.

Meanwhile my gambling company completed its sale today.
  1. 23-03-2017 18:56
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  3. # 222
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There has to be something more to this than just a loan, simple benevolance doesn't make sense.


Although the loan is secured and there may be a rate of interest involved so it needn't be benevolent. I agree with Laffy that at this stage it is emergency funding as AJ or more likely his family have said enough is enough. However Brunton Park would have potential in the hands of someone looking to move his 300 HQ workforce from Scotland and maybe opening an outlet centre at BP as well. Conversations will need to take place with the planners and other stakeholders and PD will keep his cards close to his chest. It may suit PD to have speculation over a move from Langholm to Carlisle so he is offered incentives to stay in Scotland. I can't see Langholm wanting to lose 300 jobs.

All in all it feels as if the Jenkins era is entering the final chapter but fortunately we have our own Cumbrian-based billionaire willing to help out.
  1. 23-03-2017 19:03
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  3. # 223
ccu
Site Admin
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For whatever reason,the Club has had to borrow more money and mortgage the only asset it has.Thankfully to someone local who is smart-unlike previous alternative lenders.


That reason likely being the loan to PFD needing repaid by the end of April, spotted by Carwash?

Would certainly appear the most obvious reason - Though the good ship CUFC never sails in calm waters?!
  1. 23-03-2017 19:09
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  3. # 224
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NS-we own a chain of hotels and BP would not work.Its out of town and no reason to stay there.

Better if it was turned into commercial offices underpinned by the Council with Regus and gym.Lots of car parking so ideal.
  1. 23-03-2017 19:18
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  3. # 225
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NS-we own a chain of hotels and BP would not work.Its out of town and no reason to stay there.

Better if it was turned into commercial offices underpinned by the Council with Regus and gym.Lots of car parking so ideal.


Id guess the 4 premierinns must do ok or there wouldnt be 4 of them and none of them are central?
  1. 23-03-2017 19:49
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  3. # 226
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Yes but they are on the main drag.You could get some analysis on the potential of course but not sure building a hotel on a floodplain is a good move unless on stilts.

I do like the idea of turning the East Stand into commercial offices and gym given the car parking and light cost needed to convert the space.
  1. 23-03-2017 19:53
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  3. # 227
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I agree if you can get commercial guaranteed revenue from office space its prob the easiest thing to do. Maybe you could do both if the rugby club land is bought. I suppose as well a hotel would have to compete at a similar pricepoint to premierinn which may not be easy.
  1. 23-03-2017 19:57
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  3. # 228
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These Premier Inns are changing hands at around 6.5pc yield so good time to try and develop one if they have a site and Whitbread thought it would work and sign a lease.

Needs joined up thinking as part of a bigger development plan
  1. 23-03-2017 20:02
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  3. # 229
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Bottomline is the Club has burned at least £2m of cash it didn't have in the last few years-step forward AJ.If that's what being a custodian involves,I need to revisit the dictionary.Lets also call it 'dubious business'

For whatever reason,the Club has had to borrow more money and mortgage the only asset it has.Thankfully to someone local who is smart-unlike previous alternative lenders.

The next few weeks will see who is more worthy of the title.

Meanwhile my gambling company completed its sale today.


Strange thing to add for no apparent reason.
  1. 23-03-2017 20:05
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  3. # 230
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Ill bet he made a bob or two eh? eh? see what I did there? Here all week!
  1. 23-03-2017 20:08
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  3. # 231
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Bottomline is the Club has burned at least £2m of cash it didn't have in the last few years-step forward AJ.If that's what being a custodian involves,I need to revisit the dictionary.Lets also call it 'dubious business'

For whatever reason,the Club has had to borrow more money and mortgage the only asset it has.Thankfully to someone local who is smart-unlike previous alternative lenders.

The next few weeks will see who is more worthy of the title.

Meanwhile my gambling company completed its sale today.


Strange thing to add for no apparent reason.


Probably a wise thing to do as soon the word would be out there that he had sold it and there would be all these conspiracy theories about how strange he didn't mention it etc and does this tie in with the sale of the club....

Hotels are a bit of a risky enterprise, given time the hotel would probably be closed and turned into a hostel place where the bad lads go, similar to The Currock Villa.
  1. 23-03-2017 20:36
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  3. # 232
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Yes but they are on the main drag.You could get some analysis on the potential of course but not sure building a hotel on a floodplain is a good move unless on stilts.

I do like the idea of turning the East Stand into commercial offices and gym given the car parking and light cost needed to convert the space.


Lakeland gate is a 5 minute walk from BP, so if that's on the main drag surely any development at BP would also be ?
  1. 23-03-2017 20:57
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  3. # 233
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Just mentioned in passing to emphasise that I'm not the dubious penniless deluded oaf that some would have you believe.
  1. 23-03-2017 21:03
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  3. # 234
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All 4 stands at Nob End have commercial tennants and in the case of the Guild Stand the club took out a loan to build it and the rent the NHS pays is twice what the loan repayments are and theyre tied in for 25 years the length of the loan.

At BP there may be a better option tho as i.d say there must be a market for appartments with a big thru lounge of which one aspect looks over the pitch and the other over the golf course and open country then 3000 seats and you have not far short of a 10k ground meaning that whats built on the other two sides can be quality rather than having to get the maximum number of seats in and you sill have a 15k capacity without too much trouble.

If you want to build Offices and hotels then get the rugby club bought and develop that with whatever will bring in the income to pay off the loans used to build the last two stands,


if the council has put a block on any development on any potential floodplain, like they have on Denton Holme which didn't flood, then I can't see much building work being carried out on Warwick road which, the last time I looked during the flood, was under 8 feet of water.
  1. 23-03-2017 21:04
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  3. # 235
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Just mentioned in passing to emphasise that I'm not the dubious penniless deluded oaf that some would have you believe.


I think we've ascertained that many times over. Championing ones wealth regularly does come across as a tad condescending.
  1. 23-03-2017 21:10
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Apologies Frank-as you can gather,I'm still sore after being labelled dubious and without means
  1. 24-03-2017 07:48
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I think we may get an official club statement on the EWM loan arrangement today. That would set up BBC Radio Cumbria nicely to talk about it tonight and for AJ to use his programme notes tomorrow to add his personal comments. I get the impression that Clibbens is trying to control the news flow so that for a change the club's pr is better handled.
  1. 24-03-2017 08:39
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  3. # 238
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I get the impression that Clibbens is trying to control the news flow so that for a change the club's pr is better handled.


He's disabled Pattinson's Twitter account?
  1. 24-03-2017 09:10
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  3. # 239
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Apologies Frank-as you can gather,I'm still sore after being labelled dubious and without means



Prove them wrong..
  1. 24-03-2017 09:45
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  3. # 240
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NDA................!!!! What a load of boxxxcks.

On the one hand we are duped to believe a Billionaire was interested in buying our Club, however - ' we're taking legal advice as to whether we can disclose any information ' - Yet on the other hand they have been talking to Day "outside the spotlight" so, no exclusivity to that NDA then.........

Great care taken to try and steer away from the word takeover.................
  1. 24-03-2017 10:03
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  3. # 241
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So have we been adding 2+2 and getting 9999844895596486739845375780
  1. 24-03-2017 11:23
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  3. # 243
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A new diversion away from the billionaire lies this week ... they must think we are [censored] stupid.
  1. 24-03-2017 11:37
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ccu
Site Admin
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So have we been adding 2+2 and getting 9999844895596486739845375780


Rome wasn't built in a Day?
  1. 24-03-2017 11:50
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  3. # 245
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It will become clearer at the end of the season.

With any investment/takeover it will need a transition period. This is the 1st step on the ladder.
  1. 24-03-2017 12:33
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  3. # 246
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Apologies Frank-as you can gather,I'm still sore after being labelled dubious and without means


Just do it, Laffy. Maybe there is/are certain person(s) who allegedly read this board need their noses rubbed in it!
  1. 24-03-2017 13:58
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  3. # 247
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Reading that makes me more convinced that the ending of the 'billionaire' saga and the involvement of PD are linked.
Clibbtns also emphasises the fact AJ put money in to get Gary Liddle, even though at the time they knew Charlie Wyke was going to leave.
Since the January transfer window closed, we have signed a number of players. Is that with the proceeds from the Charlie Wyke transfer or from the Edinburgh Woollen Mills loan?
  1. 24-03-2017 14:01
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  3. # 248
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so, as I read it, we lose money every year and AJ ha to dip into his wealth to prop the business up. we now owe him circa 2Million quid. Aj has got sick of this and has asked PD to take over the dipping into personal wealth duties. if the 3 amigos stay in charge, then in 5 years time we'll still owe AJ 2M and will also owe PD 2M. is that progress?

or is it a case of AJ saying lend us 2M and ill put the club up as security. he makes the first payment on the loan then says up yours, you're not getting any more and the club is yours. p.s. Nixon and pati are your problem now. cheerio.
  1. 24-03-2017 15:45
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  3. # 249
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Does Phillip Day live in the UK full time or is he a non dom? If hes a non dom and his time in the country is restricted I imagine he would need someone running the club on a day to day and his own involvement would be limited. In which case I worry that Jenkins is simply going to be replaced by Day as Mr Emergency Loan and Nixon/Clibbins end up staying where they are.
  1. 24-03-2017 16:11
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