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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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Reading through Clibbens' interview it is typically very carefully worded which I admire. Despite the baby steps taken so far I think our speculation is still consistent with a possible longer term plan. We now await the filing of the club's annual accounts for the year to June 2016 by Friday next week. These will seem very historic but Clibbens has said that the PFD loan has been partially repaid during that financial year.

Things to watch out for will be, Will the PFD loan be treated as a current liability consistent with how PFD show it in their accounts? If the PFD loan is shown as a current liability I would expect it to be cleared shortly after the accounts are signed. Will the EWM loan arrangement as expected be shown as a post balance sheet event and will it give details of the facility amount? How much will AJ personally be owed at 30.6.16? No doubt there will be some other details which will catch the eye. Meanwhile I expect AJ to make some warm comments in his programme notes regarding EWM.

I liked it when Clibbens spoke about the positive response from fans to EWM's involvement from what he has seen so far. Let's stay positive and keep them keen!!
  1. 24-03-2017 16:15
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  3. # 251
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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.


PD is a UK citizen living in Cumbria. There is no way he could qualify as a non dom under the current tax rules.
  1. 24-03-2017 16:17
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  3. # 252
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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.


PD is a UK citizen living in Cumbria. There is no way he could qualify as a non dom under the current tax rules.


Ok, wasnt sure as id heard it mentioned that he possibly lived overseas and only came back to Brampton at certain times of the year. Made me wonder how much of that time hed be prepared to spend on cufc.
  1. 24-03-2017 16:46
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  3. # 253
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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.


PD is a UK citizen living in Cumbria. There is no way he could qualify as a non dom under the current tax rules.


Ok, wasnt sure as id heard it mentioned that he possibly lived overseas and only came back to Brampton at certain times of the year. Made me wonder how much of that time hed be prepared to spend on cufc.


Why would you live anywhere else in the world when you can live in Brampton.
  1. 24-03-2017 17:06
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  3. # 254
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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.


PD is a UK citizen living in Cumbria. There is no way he could qualify as a non dom under the current tax rules.


Ok, wasnt sure as id heard it mentioned that he possibly lived overseas and only came back to Brampton at certain times of the year. Made me wonder how much of that time hed be prepared to spend on cufc.


I found his website http://www.philipedwardday.com/ He may well be restricted on how much time he can spend on cufc, might travel abroad a lot but without upping sticks for a period of time he can't be a non dom.
  1. 24-03-2017 17:11
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  3. # 255
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Clibbens interview in N&S:
http://www.newsandstar.co.uk/carlisle-utd/latest/article/Carlisle-Utd-Edinburgh-Woollen-Mill-link-shows-progress-in-easing-clubs-financial-reliance-on-Andrew-Jenkins-10bcc3cc-30e6-467a-a642-a882b68f615c-ds#.WNT78JVHDUo.twitter


So there you have it...unlikely AJ seeks re-embursement for loans made to the club!

Thought NC was open and informative and I'm one of his biggest critics.

Happy days (I think)
  1. 24-03-2017 17:16
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  3. # 256
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In the Cumberland News, EWM linked with Brantano which went into administration this week.

So that's the kit and the boots sorted now.
  1. 24-03-2017 18:23
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  3. # 257
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Tartan away strip

Sent from my SM-G930F using Tapatalk
  1. 24-03-2017 18:27
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  3. # 258
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EWM are relocating all there office staff to Rufus house full redevelopment of the building
  1. 24-03-2017 18:47
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  3. # 259
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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.................


Yeah but they didn't have a lock out agreement. just a lock down agreement regarding the now ex POI . don't know about you but I'd rather entertain a tycoon than a mere billionaire:P ;)
  1. 24-03-2017 19:05
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  3. # 260
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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.


Aw come on mojo that's a bit drastic ....you know BP is our own Hotel California
  1. 24-03-2017 19:12
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  3. # 261
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I'm relaxed and I think the Trust still have their part to play as this pans out-as it should be with their 25.4pc.They should look at the bigger picture before signing up to any new Agreements.

I do think NC presents very well-
  1. 24-03-2017 19:18
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  3. # 262
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Our new man on the Holdings board sounds a good sort.

Let's hope we're equally relaxed at 5pm tomorrow laffy San
  1. 24-03-2017 19:25
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  3. # 263
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NC waffles really well, takes an age to say stuff in riddles generally whereas he could just get to the point and be done within a minute. (fnar)

Bet it takes him over an hour to make a cup of tea.
  1. 24-03-2017 19:27
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  3. # 264
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I'm optimistic about tomorrow-we aren't looking over our shoulders anymore.Rather we are in the middle and that should fire things up in the dressing room
  1. 24-03-2017 19:27
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  3. # 265
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So have we been adding 2+2 and getting 9999844895596486739845375780


Rome wasn't built in a Day?


Or a flood plain ;)
  1. 24-03-2017 20:25
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  3. # 266
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So have we been adding 2+2 and getting 9999844895596486739845375780


Rome wasn't built in a Day?


Or a flood plain ;)



Them Romans would've had some decent flood defences put in place!;)
  1. 24-03-2017 20:38
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  3. # 267
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as far as I am concerned Clibbens is another associated with CUFC who can't lie straight in his bed.
  1. 24-03-2017 20:44
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  3. # 268
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A new diversion away from the billionaire lies this week ... they must think we are [censored] stupid.


Time to let go mark...... Water under the bridge .....pastures new .....you're
gonna end up bitter and twisted. :P
  1. 24-03-2017 20:55
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  3. # 269
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If John Nixon has any involvement within the club apart from cleaning the bogs once this deal is finalised Day can go and get [censored] too.
  1. 24-03-2017 21:16
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  3. # 270
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A new diversion away from the billionaire lies this week ... they must think we are [censored] stupid.


Time to let go mark...... Water under the bridge .....pastures new .....young gonna end up bitter and twisted. :P


What do you mean "end up"?
  1. 24-03-2017 21:36
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  3. # 271
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I wont let go of any of their shite till they go and admit the billionaire is a big fat lie
  1. 24-03-2017 21:38
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  3. # 272
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We are blessed to have had the support of AJ who has put his hand in his pocket repeatedly over the years. His critics imagine a Football Manager virtual reality existence where they get every decision right and a small club rises up the league in a relentlessly successful surge! Without his support I have no doubt we'd have gone the way of Darlington or Stockport....

Nixon clearly has football league establishment status and know-how which any new owner would be foolish to overlook in the short term.

I'd be very surprised if any new investor would get shot of either and I personally am grateful to both for the sacrifices they've made on the club's behalf
  1. 24-03-2017 22:20
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  3. # 273
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I hope you werent the nixon defender-arselicker who i came across at mansfield last week... jesus that was just too much for me to handle like....
  1. 24-03-2017 22:36
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  3. # 274
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What did you do Fox?
  1. 24-03-2017 22:39
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  3. # 275
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The Archer we are where we are because of AJ's inability to run a football club aided and abetted by Nixon. They need to go along with the other waste of space if our club is to survive .
  1. 24-03-2017 22:43
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  3. # 276
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We are blessed to have had the support of AJ who has put his hand in his pocket repeatedly over the years. His critics imagine a Football Manager virtual reality existence where they get every decision right and a small club rises up the league in a relentlessly successful surge! Without his support I have no doubt we'd have gone the way of Darlington or Stockport....

Nixon clearly has football league establishment status and know-how which any new owner would be foolish to overlook in the short term.

I'd be very surprised if any new investor would get shot of either and I personally am grateful to both for the sacrifices they've made on the club's behalf


I've tried reading this post a couple of times but all I hear in my head when trying to do so is the sound of suction.
  1. 24-03-2017 23:12
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  3. # 277
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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.


PD is a UK citizen living in Cumbria. There is no way he could qualify as a non dom under the current tax rules.


Ok, wasnt sure as id heard it mentioned that he possibly lived overseas and only came back to Brampton at certain times of the year. Made me wonder how much of that time hed be prepared to spend on cufc.


I found his website http://www.philipedwardday.com/ He may well be restricted on how much time he can spend on cufc, might travel abroad a lot but without upping sticks for a period of time he can't be a non dom.


I also heard that PD was a tax exile, which would mean he could only spend six weeks in this country each year.

Mind you that would change if Scotland gained its independence, and then he could live in Gretna.. :-)
  1. 24-03-2017 23:23
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  3. # 278
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We are blessed to have had the support of AJ who has put his hand in his pocket repeatedly over the years. His critics imagine a Football Manager virtual reality existence where they get every decision right and a small club rises up the league in a relentlessly successful surge! Without his support I have no doubt we'd have gone the way of Darlington or Stockport....

Nixon clearly has football league establishment status and know-how which any new owner would be foolish to overlook in the short term.

I'd be very surprised if any new investor would get shot of either and I personally am grateful to both for the sacrifices they've made on the club's behalf


I've tried reading this post a couple of times but all I hear in my head when trying to do so is the sound of suction.


I hope it drowns out the ringing sound you normally hear.

I wasn't at Mansfield, mark red fox; having suffered at Cheltenham and Plymouth a break from the torment was in order.
  1. 24-03-2017 23:49
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  3. # 279
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We are blessed to have had the support of AJ who has put his hand in his pocket repeatedly over the years. His critics imagine a Football Manager virtual reality existence where they get every decision right and a small club rises up the league in a relentlessly successful surge! Without his support I have no doubt we'd have gone the way of Darlington or Stockport....

Nixon clearly has football league establishment status and know-how which any new owner would be foolish to overlook in the short term.

I'd be very surprised if any new investor would get shot of either and I personally am grateful to both for the sacrifices they've made on the club's behalf



Jenkins Self inflicted bail out payments to club through poor running. Enlighten me on what sacrifices Nixon has made?
  1. 25-03-2017 07:03
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  3. # 280
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Make no mistake tis is a move in the right direction.PD inherited superb senior management at EWM and I have no doubt that they will make Carlisle United work. I think supporters should not concern themselves with AJ JN and SP.Always remember he who has the money calls the tune.EWM would not be just lending money to a football club. If they wanted to enter the lending market they would buy a bank.I feel they are in it for the long term. I hear that Sir Shiftys private jet could not land at the airport recently and I also hear he was meeting PD.Could EWM be about to buy out Arcadia as well!!

Also do not forget that PD has huge respect in City of London so raising finance is not a problem for EWM.The future expansion of EWM is a certainty and with that expansion sometimes it becomes fashionable to have a Premiership club on board.
  1. 25-03-2017 10:16
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  3. # 281
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Make no mistake tis is a move in the right direction.PD inherited superb senior management at EWM and I have no doubt that they will make Carlisle United work. I think supporters should not concern themselves with AJ JN and SP.Always remember he who has the money calls the tune.EWM would not be just lending money to a football club. If they wanted to enter the lending market they would buy a bank.I feel they are in it for the long term. I hear that Sir Shiftys private jet could not land at the airport recently and I also hear he was meeting PD.Could EWM be about to buy out Arcadia as well!!

Also do not forget that PD has huge respect in City of London so raising finance is not a problem for EWM.The future expansion of EWM is a certainty and with that expansion sometimes it becomes fashionable to have a Premiership club on board.


The way I read it EWM were going down the toilet when he took over, so could you explain your comment.
  1. 25-03-2017 10:40
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  3. # 282
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Shaldon you clearly are one of the board or are closely associated.making me feel like this is another disgusting stalling tactic.
Ive spoken to someone i know whos pals with pd. Currently together in switzerland. Phil laughed off all talk of a takeover saying this loan crack is old news,still not interested in owning cufc.
And seeing as he lives in dubai and only comes to the uk for a couple of week a year would he really bother.
Im not holding my breath
  1. 25-03-2017 11:26
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  3. # 283
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Got to love this board..

poster earlier on with links to Day who knows he lives in Brampton and in no way could be a non-dom etc

poster above with links to Day who knows he lives in Dubai and only comes back to the UK once in every blue moon.
  1. 25-03-2017 12:22
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  3. # 284
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Shaldon - You were confident of the Billionaire coming in now it's PD. You really should back up your statement with fact.
  1. 25-03-2017 12:28
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  3. # 285
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Hes full of shit as usual
  1. 25-03-2017 12:33
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  3. # 286
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We are blessed to have had the support of AJ who has put his hand in his pocket repeatedly over the years. His critics imagine a Football Manager virtual reality existence where they get every decision right and a small club rises up the league in a relentlessly successful surge! Without his support I have no doubt we'd have gone the way of Darlington or Stockport....

Nixon clearly has football league establishment status and know-how which any new owner would be foolish to overlook in the short term.

I'd be very surprised if any new investor would get shot of either and I personally am grateful to both for the sacrifices they've made on the club's behalf


Maybe the board could arrange some psychiatric help for this poster because believe me he certainly needs it


He's buying into the shaldon ideology ..2 man appreciation society
  1. 25-03-2017 13:22
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  3. # 287
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I'm optimistic about tomorrow-we aren't looking over our shoulders anymore.Rather we are in the middle and that should fire things up in the dressing room


Misplaced optimism total shambles... I hope something comes of this EWM thing and there is a clean sweep of board manager etc at the end of the season. If it is just EWM pumping money into this shambles then after the last 9 years of this ineptitude I for one have had enough although I've been supporting and watching for 54 years...
  1. 25-03-2017 18:14
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  3. # 288
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Couldn't agree more Trisklionblue! I've gone full circle now with the club and fed up of it too. Luton at home was my last game home and away until a new broom sweeps out the rubbish.

Whether that be Day or someone else who cares, how can it be any worse than what we have got now!?!?

Another scenario to Days loan is the club go into Administration when the loan remains unpaid. Hopefully the summer could be interesting.....and I hope to return to watching games again with renewed hope and ambition.
  1. 25-03-2017 18:30
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  3. # 289
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I'm afraid you were right.Listening to NC today was like listening to a parallel universe.The match was immaterial to the interview before KO.

The Club is now massively in debt yet we are expected to believe that the Club is being run well and be thankful for the totally misplaced benevolence of AJ.I doubt he embarked on this pilgrimage back when the Club was on the verge of the Championship thinking he would blow £2m!Losing £500k pa is not normal-it's actually something quite the opposite yet we who have run many successful businesses are not worthy.

That the EWM loan,a mortgage on the stadium,was not announced as its 'normal' is ludicrous-we find out because it was noted at Companies House.Yes-we have mortgaged our only asset for I'm guessing £500k.How do we pay it back and where does AJ sit now as his loans are definitely second division when compared to the ranking of the debenture.

A poor day all round and we are led by the nose again.
  1. 25-03-2017 18:49
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  3. # 290
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It's called control-without a degree of control why give a load of money to support the equity?

We obviously don't know whether the loan involves AJ/Pioneer loans being taken out.I suspect not as it's not exactly been given a fanfare.

At the end of the day,I think this is a good move for the Club despite the lack of detail
  1. 25-03-2017 20:53
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  3. # 291
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As supporters, EWM need to clarify what their intentions are because as supporters we have been lied to far too much.
We need and deserve honesty. Something which has been lacking for many, many years from the corridors at Brunton Park.
Over to you PD & EWM...
  1. 25-03-2017 21:53
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  3. # 292
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NC was very good at making shit sound good.

I agree that EWM need to come clear on what the intentions are. I was expecting Friday but nothing.

I do think they will take over and that's the long term plan but I'm thinking it may be done via administration in the not so distant future.

I met the trust today who said this will be good for the club but had no detail, also the NDA had no end date????? I did leave more confused than before I went in but never mind.
  1. 25-03-2017 23:35
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  3. # 293
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So possibly EWM could be giving Jenkins a noose to hang himself with so to put it in business terms.
  1. 25-03-2017 23:40
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  3. # 294
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Very confusing this business ownership thing, when Pioneer had that contamination scare thing, did Jenkins 'lend' Pioneer the money to cover the costs and will want it back at some stage?

Technically speaking, when you own a football club it is a bit cheeky to claim that the staff you employ you only pay for by going in debt to yourself and the club has to pay it back....
  1. 25-03-2017 23:50
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  3. # 295
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Maybe one for Laffy but if EWM as i think is happened have lent the club say £500k and mortgaged against the ground.

I presume EWM have got some sort of pay back agreement otherwise they wouldn't of took security against the ground.

So I'm adding 2 + 2 here and thinking that maybe EWM are hoping that the club can't meet the loan demands, admin will happen and they will make an offer get the club that way relatively debt free.
  1. 25-03-2017 23:52
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  3. # 296
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NC was very good at making shit sound good.

I agree that EWM need to come clear on what the intentions are. I was expecting Friday but nothing.

I do think they will take over and that's the long term plan but I'm thinking it may be done via administration in the not so distant future.

I met the trust today who said this will be good for the club but had no detail, also the NDA had no end date????? I did leave more confused than before I went in but never mind.


Technically administration is as likely as Mullen joining the CUOSC board :-p although you could be almost right. If the club defaulted on its debt to EWM and couldn't pay its bills EWM has the right to appoint an administrative receiver who would take control of the club but only on behalf of EWM not on behalf of the other creditors. That would give EWM total control subject to the rules of the Football League regarding football debts, ownership etc. I don't think this is likely though as there should be enough security provided by Brunton Park to cover the debt rising to £2 million or in other words probably another couple of seasons' worth of losses.

I'm not surprised if there is no end date to the NDA. These are drafted as non-disclosure agreements not deferred disclosure agreements. The courts would perhaps imply a reasonable period of time if there is no end date but that could be 10 years. Therefore I wouldn't bother waiting to learn the name of the POI.
  1. 25-03-2017 23:59
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  3. # 297
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Knowing those three, they will think they will be able to pay back the loan when we get promoted and continue to have great cup runs, 'the good times are just around the corner and the money will flood in like before' attitude.

If there isn't already the plans for a takeover then it is a noose.
  1. 26-03-2017 00:01
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  3. # 298
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Time to press the button I think, August here I come.

[img size=600 ]http://i.imgur.com/8wHCLk7.jpg[/img]

BEWARE: Pressing the active FF button will interfere with the space-time continuum and it is perfectly normal to suffer from varying degrees of head ache/nausea, with immediate effect. This is due to the limbic system having to realign after a major mood shift due to the sudden onset of pre season happy clapping and the traditional false sense of hope for the season ahead. These symptoms will be short-lived and alleviated to a degree by the sudden realization that DE is now the manager having proved himself beyond question with the youth team (KC having moved on to a new lucrative half season only deal at Wolves). PD/EWM did not take over in the summer and it was merely a ruse by the Carlisle Three, who allowed and encouraged wild and unfettered speculation to deflect attention away from their nest feathering operation. The loan as it turned out was for a new boardroom carpet, a giant 3 person heated slipper (with multi control) and 6 million paper clips for the office. Any remaining funds have been absorbed into the running of the club and have put us on a more stable footing for the immediate and foreseeable future, and our battle to lift the National League Championship next season.
  1. 26-03-2017 02:07
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Doesn't do the things that you stated on my computer pal, it just made the image bigger.

Maybe I should try to erm employ this method into other areas of my life....
  1. 26-03-2017 02:57
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  3. # 300


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