Aren't Irish Banks currently suffering due to financial difficulties ?
Reading about Crusaders,not only did they owe WTW but a lighting company in Wakefield.It seems the administrator could take action against directors at that club.
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I sense another club statement being prepared for the website. How many of those have we seen over the last couple of years. It is something we are at the top of the league in.

Oh he always has a choice.

But if he elects to go in the box, he's under oath.

And may God have mercy on his soul.

And that's what bothers me. Are we looking at his actions with hindsight? Had the credit crunch not happened, would we have seen it as a cunning wheeze? It's too easy to see conspiracies when maybe he was acting in what he perceived to be the interests of the club.

Or what is the more sinister view and how does it work? You have to judge his actions with how the future looked back then.

I think you're pretty safe on the score. Go for it. Instead of donating the profits to squadbuilder, you could buy the club!

Finkabaardit....

Made interesting reading...looking forward to ours been made public too.

he gambled with what isn't all his

Would have loved to, but I went into administration after the losses of Issue 2 !!

**But I created a new company, lent myself a few quid, and rented the paper that I am going to do Issue 3 to myself at a larger inflated price**.

I iz clvr after all !

Exactly! That's the problem. We're in deep deep do-do, make no mistake... but we seem to need someone to blame. We've done the council and Boxy, we've done the RFL, if we can't pin it on this bugger, who are we going to blame? Ourselves? The shareholders who allowed this to happen by not asking the questions they should have asked? You can write a long list.

Then again, he may just be the rogue we have him down for...

I have to say I have no love for Ted but I don't think he is a Pearman I just think he was not very good at running a club. He tried something that didn't work. He should have been more open with everyone but I'm not sure how dishonest he is.
I realise of course I might be being too charitable and the result in the end is the same unfortunately.

Cas?

The fact he still didn't come clean about it when the shareholder meeting took place at the beginning of the month suggests to me that he was being dishonest. If he had made a genuine mistake, he could have at least tried to justify his logic.

I think people should stop trying to look at an alternative theory to all this, your helping the club write the press release that will no doubt appear on the website shortly saying how ted and the club were victims of the property and economic crash

No mate... you've just ripped yourself off.

U iz fik iz wot u iz.





Seriously... issue 3... it'll be a biggie... and you know it's now or never.

So why did Wakefield not receive the full asking price?

Either way we are in the smelly poo. As you say it doesn't really matter what his intentions were, its gone too far for him to carry on.

He did put it in a Trust .His (Javine)

Take this whole ground sale out of the equation, and you can still count the major errors under this regime. Employing a chief executive who was never fit for purpose, and is still on the payroll. Appointing Tony Smith as head coach when clearly not the man for the job, as his CV shows after leaving Belle Vue (hope his flats still earn him a few quid.) There's 2 anyway, and very little on the positive side of the ledger to balance that out.

the signing of John Kear that kept us, we could of been down there now

Well if the Bank of Ireland operated like other European lending banks (not UK lending banks) at the time, even given the real estate market in Ireland, it would have factored in a percentage of the market value of the real estate (anything between 20-40%) in order to recoup its losses in the event of default. Presumably, what remained would have been the total money available to the club.

And yet I take it you would champion the right to use message boards to voice opinion that challenges the mainstream?

I know - it was tongue in cheek - isn't it always?

Yes of course, but by now I think it would be clear that there is no plausible explanations for Ted's actions, other than "look after number 1 and family"

god i could scream are you all there in the head, ffs. grab your head and shake the bloody thing.

The fans signed Kear in all effect.

Remember that Sky game at home when we were commentating and I think Neil Fox recommended him too. IIRC he was not Ted's 1st choice.

And yet here we are, a few years down the line, with all and sundry screaming for Kear to go. That old hindsight thingy again... isn't it wonderful?

If only we'd listened to Ted, eh, Mopsey? We wouldn't have Kear now.

Mopsey isn't James Lowes, is he?