Philip Day

Interview with the man himself in the Sunday Times today.None of that pizza to petrochemical NDA crap

Laffy wrote: Interview with the man himself in the Sunday Times today.None of that pizza to petrochemical NDA crap

Well maybe youd like to cut and paste it to here Laffy as some of us have morals and wouldnt go anywhere near a paper or tv station controlled by their owner

Then don't read it then NS-a tad hypocritical to state you won't buy the paper but happy to read it!

www.thetimes.co.uk/article/the-new-king-...igh-street-qr66dl0n3

The club certainly fits into the 'failing business' bracket that he seems to go for. An interesting read as Laffy says. I think it's clear that if he were to have further involvement here then he wouldn't be the one at the club on a day-to-day basis as he spends most of his time abroad, but he'd bring his own people in and develop the business sustainably. He doesn't seem like the kind of person to blindly throw loads of cash at something, so any changes would likely be gradual rather than immediately giving Curle a million quid to go and buy Lee Dykes' favourite player. Laffy obviously knows something... I hope this is the start of a new chapter.

I know as much as everyone else-nothing

That said,I doubt that PD would get involved unless there was an end game.If there isn't, just another £750k?of debt added to the balance sheet and one assumes ahead of AJ.Nobody will invest unless that debt is converted or removed.

Laffy wrote: Then don't read it then NS-a tad hypocritical to state you won't buy the paper but happy to read it!

cmon Laffy where would this board be without hypocrites we embrace hypocrisy on here

"If I didn't sponsor it I don't think they'd exist."
Our reluctant custodians are paupers compared to this guy.
I hope to fuking god he's getting on board

im no businessman but I get the feeling if these lot stay in charge for another couple years we will be beyond saving

debt is not being managed and getting bigger where and how does this end ?

Irrespective of who wants to buy into this,Im telling you the balance sheet needs major repair-that will in my view mean write offs of debt or conversion to equity at low valuations.It ain't coming out as cash!

Nobody at this level invests in a football club by first discharging the underlying debt.

I think common sense will prevail-gravity will force it and PD is in pole position to direct matters.

Laffy wrote: Then don't read it then NS-a tad hypocritical to state you won't buy the paper but happy to read it!

Not at all its no difference than having a brouse of the mags in WH Smiths

Not a problem tho had it sent from someone else who wont pay but gets it free with his work log in.

Glad its a pound of my money the tw at Murdoch didnt get but for anybody whos interested hopefully this link takes you straight to it without Murdoch getting your e mail address and pestering the [censored] out of you for the next 12 months.

www.thetimes.co.uk/article/the-new-king-...igh-street-qr66dl0n3

Laffy wrote: Then don't read it then NS-a tad hypocritical to state you won't buy the paper but happy to read it!

Well why post a link to an article on a public forum that the majority of the public can't read, Laffy?
Sad.

Its just Greedy Newspaper magnates like Murdoch who clearly dont understand the meaning of the phrase " Free Press "

We can only hope that PD does have plans to take over and use Laffys plan or similar to run the club. Fingers crossed on that one.

Has worked commenced on EWM new offices? PD is opening a new dept. store in Cardiff this week and I wonder if he has similar plans for Carlisle.That would then open the way for new offices at BP which is more convienient for M6 and could complete the financial exercise.

So I'm 'sad' for not posting the Day article on here.Well that would have involved me photocopying the article and then pasting it-I don't have a copier at home.If that constitutes 'sad' God save us.

The interesting fact in the article for fans is that PD spends less than 10 days a year in the UK having relocated to Dubai-that may change of course in the future.

He also says that he thinks there will be a lot of casualties on the High Street-mainly down to rates and weak sterling.I agree-there will be some surprise names in difficulty unless the government addresses the issue of business rates in particular.

Lets just hope the man continues to be a roaring success and he takes cufc under his wing and makes us a success.
I'll even promise to get all my woollens from the EWM if he does.

Work on his new offices at rufus house has begun. Adding another floor on top apparently.
Big job

Maybe the government could offer little bit of rates relief if everyone stayed and paid the tax?

Weak pound, eh? Why did that happen?

We dare to dream... following a takeover, having stripped him from the BOD, I'd keep Pattison on to change the light bulbs, clean the toilets and valet the players cars on a Saturday afternoon...

The club needs a complete overhaul, starting at the top. Dont think PD wouldnt accept or put up with the current state of affairs.

Temporary blip-I think the problem going forward will be too strong a currency as we will be seen as a safe haven like Switzerland.

The real issue in my view for retail is the imbalance between Amazon and the High Street-only one winner on an unlevel playing field tax wise.

FROM NEWS AND STAR
Philip Day: If I didn't sponsor Carlisle Utd, club might not exist
Tycoon whose firm are loaning money to Blues adds: I don't really like football

The Cumbrian billionaire whose firm are loaning cash to Carlisle United says the club wouldn't exist without his financial help.

Philip Day, owner of Edinburgh Woollen Mill, made the remarks in a rare interview with The Sunday Times.

Two months ago it was revealed that EWM had a charge against Brunton Park having made "loan facilities" available to the Blues.

It has sparked speculation that Day's firm were poised to take a more involved role in United's affairs.

EWM have so far declined to comment either on the arrangement or how it might develop.

But in the interview with the national newspaper's Oliver Shah, Day briefly touched upon the Blues.

He said: “To be honest, I don’t even like football — my game is really rugby.

"But a lot of people who work with us go to Carlisle, and if I didn’t sponsor it, I don’t think it would exist.”

EWM have so far failed to respond to the News & Star's requests for comment since news emerged in March of the charge against United's ground.

The Blues have so far played down suggestions it will lead to ownership change, with co-owner John Nixon recently telling a group of fans that Day did not want the "hassle and heartache" of owning a club.

But chief executive Nigel Clibbens last month did admit EWM were getting on board with United "in a more involved way".

He also said their input was part of moves to reduce the club's long-standing reliance on co-owner and chairman Andrew Jenkins.

EWM are expected to increase their commercial involvement with United this summer.

The Sunday Times Rich List rated Day's wealth at £1.15bn, but in the interview the tycoon said: "Ok, the company's worth £1bn, but I don't have anything like the money of a billionaire. I'd have to sell everything."

Blues co-owner Nixon, meanwhile, insisted his high-profile role at Saturday's FA Cup Final was "good for the club".

Nixon, who is chairman of the FA Cup committee, was part of the welcoming party that introduced guest of honour Prince William to the Arsenal and Chelsea players before the game.

Former United managing director Nixon, who now holds the title "director of external affairs", has faced criticism from some fans over his various roles with the FA and EFL.

But in an article on United's website he said his involvement at Saturday's Wembley showpiece was "a great honour for me on a personal level and also good for the club that we’re being represented at this level of the game.”

He also said his range of positions gain United "a higher profile", adding: "People connect my involvement directly with Carlisle United as a football club, which I really do think is important."

You heard owt more Cocaine?

Much as I`d like to see a Knight (or Day) riding on a white charger to take over and banish the 3, to quote a passage from the film Pale Rider, AJ, JN and SP are "dug in deeper than ticks on a hound" and unfortunately will take some shifting. But we live in hope.

"But a lot of people who work with us go to Carlisle, and if I didn’t sponsor it, I don’t think it would exist.”

It's quite a strange comment to make unless EWM are planning a very generous sponsorship deal worth over £250k a year. Anything much less than that and I'm sure the Club would find other ways of getting by.

Laffy wrote: So I'm 'sad' for not posting the Day article on here.Well that would have involved me photocopying the article and then pasting it-I don't have a copier at home.If that constitutes 'sad' God save us.

The interesting fact in the article for fans is that PD spends less than 10 days a year in the UK having relocated to Dubai-that may change of course in the future.

He also says that he thinks there will be a lot of casualties on the High Street-mainly down to rates and weak sterling.I agree-there will be some surprise names in difficulty unless the government addresses the issue of business rates in particular.

I think it was touched on in previous EWM threads that he is a non dom and from what i hear is very precise in the amount of time he spends in the country to avoid compromising that status. Cant see that changing anytime soon, certainly not for CUFC anyways. Not sure i buy the 'EWM workers are carlisle fans' reasons for investing, but im not complaining!

As for the high street - the internet is, has and will continue to kill off the high street until it eventually plateaus at some point in the future. Clothes and food will always have a place and some shops will always be there as people like to shop in person as a past time. But its going to continue to take a battering. Peoples retail habits have changed and you cant compete with the overheads (or lack of) that online benefits from if you are a high street retailer.

The high street has disappeared, I live in jesmond, near acorn road which was meant to have been famous for shopping at in the past, you'll find withing the area they are no , butchers , no green groceries, no flower shops and no baker's like any modern high street you just find a mini supermarket , a couple of hairdressers and a Gregg's.

nobbyblue wrote: FROM NEWS AND STAR
Philip Day: If I didn't sponsor Carlisle Utd, club might not exist
Tycoon whose firm are loaning money to Blues adds: I don't really like football

The Cumbrian billionaire whose firm are loaning cash to Carlisle United says the club wouldn't exist without his financial help.

Philip Day, owner of Edinburgh Woollen Mill, made the remarks in a rare interview with The Sunday Times.

Two months ago it was revealed that EWM had a charge against Brunton Park having made "loan facilities" available to the Blues.

It has sparked speculation that Day's firm were poised to take a more involved role in United's affairs.

EWM have so far declined to comment either on the arrangement or how it might develop.

But in the interview with the national newspaper's Oliver Shah, Day briefly touched upon the Blues.

He said: “To be honest, I don’t even like football — my game is really rugby.

"But a lot of people who work with us go to Carlisle, and if I didn’t sponsor it, I don’t think it would exist.”

EWM have so far failed to respond to the News & Star's requests for comment since news emerged in March of the charge against United's ground.

The Blues have so far played down suggestions it will lead to ownership change, with co-owner John Nixon recently telling a group of fans that Day did not want the "hassle and heartache" of owning a club.

But chief executive Nigel Clibbens last month did admit EWM were getting on board with United "in a more involved way".

He also said their input was part of moves to reduce the club's long-standing reliance on co-owner and chairman Andrew Jenkins.

EWM are expected to increase their commercial involvement with United this summer.

The Sunday Times Rich List rated Day's wealth at £1.15bn, but in the interview the tycoon said: "Ok, the company's worth £1bn, but I don't have anything like the money of a billionaire. I'd have to sell everything."

Blues co-owner Nixon, meanwhile, insisted his high-profile role at Saturday's FA Cup Final was "good for the club".

Nixon, who is chairman of the FA Cup committee, was part of the welcoming party that introduced guest of honour Prince William to the Arsenal and Chelsea players before the game.

Former United managing director Nixon, who now holds the title "director of external affairs", has faced criticism from some fans over his various roles with the FA and EFL.

But in an article on United's website he said his involvement at Saturday's Wembley showpiece was "a great honour for me on a personal level and also good for the club that we’re being represented at this level of the game.”

He also said his range of positions gain United "a higher profile", adding: "People connect my involvement directly with Carlisle United as a football club, which I really do think is important."

What a wa nker. I wonder if he would care to list all the benefits him being on all these committees have provided. Away at Portsmouth and sodding Exeter to start and finish the season. Away at Crewe and Notts County over Christmas. Two at home out of that 4 would prob have covered his expenses for the season.

I quite agree Dancing he's using the club to further his own plans not for the benefit of the club. One of his comments comes to mind when the moved the KO time for the last game of the season " it'll be better for the fans" what planet is he on

You appear to be mixing up Day and Nixon?

Good night out in Jesmond though!

I think PD bailed them out-nothing more than that just now other than shirt sponsor stuff

Must admit there's nothing in that article that suggests he's about to gallop down Warwick Road on a white charger. If anything he's slightly disparaging about the club in the manner of a bloke who is giving to charity because he can afford it not because he supports it.

Can't imagine him dipping into his pocket again though and it will be interesting to see what happens when the money runs out again which it surely will.

Starting to wonder if Bernard's prick teasing about the start of a beautiful friendship had potential season ticket sales behind it?

Shame it doesn't appear to have worked.

High Street wrote: You appear to be mixing up Day and Nixon?

Read the bit from the star pal. Second half of it is Nixon saying how wonderful for the club him being on the fa gravy train is.

Are you all blind??

He's gonna take over move us out move rugby in and for the price of getting a footy team to championship turn Carlisle to a rugby powerhouse a bit like Exeter

Booo Day out!!!!!

Unless he likes league...hurray..

If as PD states we are only existing due to his money streams, then surely out of necessity, we cannot afford to keep King and Clibbens, as much as it would pain me to see JN's face fronting the club again as we sit around waiting for the next billionaire...

According to some, an announcement is expected regarding EWM and their involvement at CUFC on or around 30th June.

I think there has to be something more to this loan carry on. I know the loan is secured against the ground but he knows full well that his business loses money every year unless it has a cup run or sells players for good fees so he also knows full well there is a good chance the money wont be coming back. The grounds value is very questionable but may go a long way to covering the debt but why would you involve yourself in something like this? There must be something more to this than philanthropy surely?

Without new management,the Club would not be able to raise new finance-I called it 'professionalising the back office' but essentially meant that the commercial side of the Club needed to raise its game.This remains the case though NC and PK are hamstrung by negative sentiment towards the owners,share structure and of course Syrian pizzas.

The new hurdle is debt-something even a top commercial guy would struggle to deal with in attracting fresh cash.

For me,it's PD or nothing.I cannot see anyone else investing in this cocktail without major surgery.

That's the thing Laffy, you were bringing cash in with your plan but you and your other investors(some of them anyway)would become involved in the running of the club, PD has just handed the envelope over against the clubs only asset, and apparently is doing nothing more. Has he just given the three amigo's the noose to put around their own necks while he just waits until he has to kick the stool away?

I have no doubt that the debenture is there to assert control when needed-otherwise,why put it there as it's highly unlikely he will ever see his money again

Laffy wrote: I have no doubt that the debenture is there to assert control when needed-otherwise,why put it there as it's highly unlikely he will ever see his money again

I agree with you Laffy but, it would appear he's not taking any other part in the running of the show, this seems strange to me. unless he is planning something in the future.

Brunton has got a point. Does seem strange that a guy who admits he doesn't like football, has said before he doesn't want to own a club and is obviously a savvy businessman is happy to put hundreds of thousands into one for no return? Is he just trying to do something good for the local area? Is there some kind of business reason/tax etc. that EWM would benefit from?

Have to admit that I had high hopes but I wonder if this was PD just 'doing his bit' and getting some sponsorship out of it whilst moving to Carlisle.Small beer for the PR.

Hence my point before-more debt,same old share structure issues,aging stakeholders with no cash and a lot of disenfranchised supporters.I like NC and PK but the canvas isn't pretty just now.

You can value the stadium at £6m or even £100m-Rangers did,but totally irrelevant as it's a football stadium and nothing more.New investors will want to invest in a plan to move forwards knowing their cash is being used for that reason

More questions than answers at the moment. Next stop end of June and see if any announcements are forthcoming. If not same old crap for now.

If it was purely philanthropy, lending with this charge against the ground seems unnecessary if he doesn't expect to get it back?

Is it not pretty obvious he has no plans to take over or assign control to someone?

How many times does he have to say he has no interest? He or EWM are sponsors that's all or if he does have plans why cant it be more open and honest?

Zebby wrote: Is it not pretty obvious he has no plans to take over or assign control to someone?

How many times does he have to say he has no interest? He or EWM are sponsors that's all or if he does have plans why cant it be more open and honest?

That's true Zebby but sponsorship is usually a transaction where the sponsor hands over the cash and the club would then wear and display the sponsors logo. Loaning money with a charge against the ground doesn't seem like sponsorship when the "sponsor" has club assets he could reclaim if the loan isn't repaid. Just seems odd.

Zebby wrote: Is it not pretty obvious he has no plans to take over or assign control to someone?

How many times does he have to say he has no interest? He or EWM are sponsors that's all or if he does have plans why cant it be more open and honest?

It's just going into people's head is it. Not interested. Never was & never will be.

"More questions than answers at the moment" - NO there isn't, he is sponsoring the shirts, end of story. The only questions are the ones you have made up because John at the local pub say's he has heard a rumour.

LakesBlue1 wrote:

Zebby wrote: Is it not pretty obvious he has no plans to take over or assign control to someone?

How many times does he have to say he has no interest? He or EWM are sponsors that's all or if he does have plans why cant it be more open and honest?

It's just going into people's head is it. Not interested. Never was & never will be.

"More questions than answers at the moment" - NO there isn't, he is sponsoring the shirts, end of story. The only questions are the ones you have made up because John at the local pub say's he has heard a rumour.

So are you suggesting that in return for loaning the club the money, a loan that is secured against the ground, he gets his logo on the shirts, a stand logo'd up and ultimately then gets the cash back? Is that a good deal?

LakesBlue1 wrote:

Zebby wrote: Is it not pretty obvious he has no plans to take over or assign control to someone?

How many times does he have to say he has no interest? He or EWM are sponsors that's all or if he does have plans why cant it be more open and honest?

It's just going into people's head is it. Not interested. Never was & never will be.

"More questions than answers at the moment" - NO there isn't, he is sponsoring the shirts, end of story. The only questions are the ones you have made up because John at the local pub say's he has heard a rumour.

Thanks for that. Its nice to know Companies house made a complete balls up when they listed him having a charge on the ground. Looks like Jon Colman et al fell for it as well. Pleased youve put everyone straight on it.