Quakers chairman hopes to get back some of his cash (From Darlington and Stockton Times)
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Quakers chairman hopes to get back some of his cash
9:45am Tuesday 24th April 2012 in Sport
Exclusive By Joe Willis, Regional Chief Reporter
OWED MONEY: Raj Singh
OUTGOING Quakers chairman Raj Singh has indicated he will reject a request to write off the money he is owed by the club unconditionally.
Without Mr Singh’s backing as the club’s largest creditor, a company voluntary arrangement (CVA) proposed by community company Darlington FC 1883 (DFC 1883) is now expected to fail.
However, DFC 1883 last night reassured fans that the club would still survive.
Mr Singh told The Northern Echo he did not want any of the money raised by fans bidding to save the club from liquidation.
But he repeated an assertion that he should get back some of the £800,000 he is owed, if the club received money for decisions he made.
It is understood Mr Singh wants a share if the club benefits from any redevelopment of the Arena site.
A second condition relates to clauses in the contract of former Quakers defender Dan Burn, who was sold to Fulham last summer. That could lead to money for Darlington FC.
DFC 1883 announced last week that the conditions had been removed from the CVA because they were not acceptable to the Football Association.
However, Mr Singh said his lawyers believed the conditions could be met if the agreement was structured differently.
The chairman told The Northern Echo he felt he was being “stitched up” and would be blamed if the CVA was not accepted at the creditors meeting on May 4.
He added: “What are they expecting me to do? Sign a piece of paper and walk away?
In business and in reality that just doesn’t happen.
“I don’t want any money from the funds that have been raised, but it’s only fair that if they’re going to get any back because of deals that have been done in the past, then I get a share.
“I hear that they’re already going down the route of a phoenix club and blaming me is an easy way out.”
Mr Singh said no one from DFC 1883 had called him for three or four weeks. “That just shows how keen they are to sort things out,” he added.
The former chairman is also unhappy at suggestions the club was left heavily in debt.
He said: “There was no debt – those were just the invoices for December. People need to get their facts right.”
In response, Craig McKenna, board member and project manager for DFC 1883, said that when he took over running the rescue bid, he decided it would be more efficient if discussions with Mr Singh took place through their lawyers.
“We’re confident the club will be saved and a phoenix club is not on the agenda,” he added.
Comments(71)
MikkyX
says...
10:24am Tue 24 Apr 12
We, the community, are still raising the funds to make up the mess we were left with when he made his biggest and final decision - walking away and leaving us to die.
Did I dream that he wouldn't stand in the way of a community club? It's a shame we know too late what the "word" of this "honourable" businessman is worth.
MSG
says...
10:30am Tue 24 Apr 12
doonhamer
says...
10:34am Tue 24 Apr 12
Robbie Painter wrote:Are some people so naive as to think when an individual puts money into a football club that they don't want anything back ?. In laymans terms, anyone with money to spare, investing in a football club will finance things until success is met, then only take back what they initially put in, great ..... everyone's a winner. But, when the club is not successful whether it's bad Management, Players or apathy from the fans, when that person pulls out he wants his "gift" back. Why shouldn't he ?.. it's HIS money, not Darlos and certainly not 1883's who do not help themselves in any way whatsoever as far as the majority of the Darlo fan base are concerned. Ignorant people just do not listen. Weeks ago, any one with a jot of sense knew that a CVA will NOT work. Just like they knew Darlo would be relegated. Just like they know that a possible "Phoenix" club is the only answer. However, judging by the apathy and negative reponse by the fans one now thinks that unless moves are made soon to link up with either the R.A, Shildon, Bishops or the like re a ground share, then this avenue will also be doomed to failure. If so, Saturday's game v Kettering could and very much likely will be the last and the clueless ones among you will only concern themselves whether or not Darlo can end a 20 game winless run against a club who are also doomed. It DOES NOT matter one iota, but some of you can't see the wood for the trees, sad so very, very sad.
Raj Singh, Thurs Jan 5th 2012:
"I'll walk away, I'm not expecting a penny back," Singh told BBC Tees.
"I could make things difficult for the administrators but I won't. I want the club to survive, to do well."
Clearly he has reversed his decision but expects people not to blame him.
If Raj Singh wanted to profit from decisions he made while in charge of the club then he should also take responsibility for the losses made as the result of his decisions and he should have kept the club going for long enough for his "fantastic" decisions to bear fruit.
Instead he walked away mid season failing to honour contracts he sanctioned just a few months previously.
As for no debt, that is also incorrect. He failed to pay the players some/all their wages in Oct, Nov & Dec. Compensation to Mark Cooper & Richard Dryden is outstanding. Plus he once again ignores the £800k of debt in his name that he said in the Matchday programme Feb 26th 2011 was a "gift".
Quakerz
says...
10:40am Tue 24 Apr 12
He claimed the club was debt free - to be honest this seems to be true up until November when he started reneging on players contracts. However by January the club did have debt.
He claimed he had not loaned the club money - yet when we are placed into administration we owe him 800k, for money he loaned us.
Added to the first two comments, it doesn't show Raj Singh in a good light.
I especially can't understand how he expects a cut of any stadium/land deal becase he thinks he put a deal in place. He walked away from the club because he COULDN'T do a deal and was sick of putting money in!
I bought a car last year that has caused me nothing but problems, and I've lost a lot of money. I'm going to follow Raj Singh's example and ask the garage I bought the car from to give me a cut of their future car sales and if they move premises I want a cut of that too!
IonlySpeaktheTruth
says...
10:50am Tue 24 Apr 12
doonhamer
says...
10:55am Tue 24 Apr 12
Quakerz wrote:Still can't quite grasp the nettle can you. You bought a car, Raj didn't buy a football club, a suttle difference there my friend. You obviously got a duff motor, due diligence should have been conducted. You lose. Raj seen the problem, tried his best as did others before him and pulled out to recoup his losses which were NOT of his making. He wins.
Two good posts above that highlight the inconsistancy of Singh over the last few months.
He claimed the club was debt free - to be honest this seems to be true up until November when he started reneging on players contracts. However by January the club did have debt.
He claimed he had not loaned the club money - yet when we are placed into administration we owe him 800k, for money he loaned us.
Added to the first two comments, it doesn't show Raj Singh in a good light.
I especially can't understand how he expects a cut of any stadium/land deal becase he thinks he put a deal in place. He walked away from the club because he COULDN'T do a deal and was sick of putting money in!
I bought a car last year that has caused me nothing but problems, and I've lost a lot of money. I'm going to follow Raj Singh's example and ask the garage I bought the car from to give me a cut of their future car sales and if they move premises I want a cut of that too!
Hilly_2009
says...
11:00am Tue 24 Apr 12
Raj Singh clearly says that he left the club 'debt free'. How can the club be 'debt free' yet we owe him £800k? His word means nothing.
He clearly said "I'll walk away, I'm not expecting a penny back". If we were truly 'debt free' we shouldn't have owed him any money in the first place.
FirTreeFC
says...
12:50pm Tue 24 Apr 12
As for the figure of 800k he is in dreamland if DFC 1883 should contribute, it is with owners of stadium who or what happens to the land not Mr Singh who had a tenuous link(no contract) at best! Atleast in June we can forget the lot, start afresh and let Raj bicker with himself
holmesc1
says...
12:54pm Tue 24 Apr 12
dave3mrr
says...
1:06pm Tue 24 Apr 12
Yes!! Because, more than once, that is what you said you would do.
darloatyourfeet
says...
1:11pm Tue 24 Apr 12
Also if Raj wants money, where is it going to come from if he doesn't want any of the fans money?
darloatyourfeet
says...
1:11pm Tue 24 Apr 12
Also if Raj wants money, where is it going to come from if he doesn't want any of the fans money?
swissball
says...
1:34pm Tue 24 Apr 12
judygone
says...
2:53pm Tue 24 Apr 12
monteforte
says...
4:14pm Tue 24 Apr 12
What about the community supporters that put in their hard earned cash to save club and hopefully build a secure future for football in the town?.. What are DFC1883 doing or proposing now ..What happened to their so called transparency in all dealings to keep the community informed ? So much hidden agenda and a mass of undisclosed information does not help their cause!
Quakerz
says...
4:46pm Tue 24 Apr 12
IonlySpeaktheTruth wrote:"IonlySpeaktheTruth" you should rename yourself "IneverSpeakFacts"..
Why should Singh lose his £800k? It looks like his decision has probably been swayed by DFC1883's failure to raise even half of the £750k required to run the Club. This proves that there isn't the support from the community. Even the Club's own trust won't put in their £40k, which they have held on to for years. Singh bankrolled the Club, got sick of it and walked away. The community had the opportunity but they didn't respond. After all the talk of shoe-string Singh and the criticism he took, who could blame him for bailing out? It looks like the fat lady is about to sing.!
.
First point, 1883 don't need 750k, that was a deliberately ambitious target. Secondarily, we HAVE raised MORE than half of the 750k, the crowdcube figure is not complete or accurate. Thirdly, even taking the (wrong) total of 309k as the figure raised, it is still a HUGE figure of money for fans of a non league club from a small and poor town to raise.
How DARE you say that is a suggestion that the community doesn't want it's club, how DARE you. I'd say it's more than enough evidence that plenty of people care.
Retard.
Hilly_2009
says...
4:46pm Tue 24 Apr 12
monteforte wrote:What are you on about you fool?
Singh breaks yet another promise.how can DFC1883 still do a deal with this failed man?
What about the community supporters that put in their hard earned cash to save club and hopefully build a secure future for football in the town?.. What are DFC1883 doing or proposing now ..What happened to their so called transparency in all dealings to keep the community informed ? So much hidden agenda and a mass of undisclosed information does not help their cause!
DFC1883 are trying to keep as many people informed as possible. They've organised fans forums, and they're currently answering fans queries via Darlo Uncovered:
Just check out:
http://www.darlofc.c
o.uk/forum/viewforum
.php?f=8
Anybody who wants a question answering just needs to ask.
Quakerz
says...
4:57pm Tue 24 Apr 12
Doesn't matter who is in charge, who is trying to do something for the club, whether things are good or bad, he's always moaning.
still_darlo
says...
4:58pm Tue 24 Apr 12
1) RS started building up debt as early as November by refusing to pay players or settle management contracts, even allowing Mark Cooper to hand out expensive deals to players just days before his dismissal: presumably, he built up debt intentionally so that the business could be put into administration.
2) Since January, all of this debt (past wages and costs of administration) has fallen to the fans to pay with money donated in various ways - this in addition to the £800,000 RS is claiming was 'a loan'.
So, to reiterate, RS wants the fans to pay off his debts, repay money that was never loaned in the first place, and receive 'dividends' after cashing in his 'shares' (ie possible but dubious future money from the transfer of a player and the sale of land, none of which he still has a stake in).
Is this clear enough?
Quakerz
says...
5:05pm Tue 24 Apr 12
Thanks.
gramps427
says...
5:33pm Tue 24 Apr 12
IonlySpeaktheTruth
says...
5:38pm Tue 24 Apr 12
monteforte
says...
5:39pm Tue 24 Apr 12
mrrealist
says...
11:07pm Tue 24 Apr 12
mrrealist
says...
11:20pm Tue 24 Apr 12
extratime
says...
7:52am Wed 25 Apr 12
1883 cant be so cleverif theyput this toFA with clauses
You end up in same division as pheonix but with loads of debt and all fans out of pocket giving hm nice pay day nice one
Quakerz
says...
9:24am Wed 25 Apr 12
MrRealist - We know the stadium is too big for us, but why on earth are you comparing Darlo's gates to the best supported L2 club by far, in Bradford? And so they should be as they are a championship sized town and club with cheap season tickets. There are plenty of clubs in L2 (where we've fallen from) with a fraction of Bradford's gates, who are ran just fine because they're ran within their means.
Lastly, we don't need to "imagine a prospective new owner", because that owner will be us and we'll cut our cloth accordingly. I'm also confident we'll have a jump in gates once the community takes over, it's happened with other clubs.
Any other idiots want any uninformed pap answering correctly? No? Good!
doonhamer
says...
9:25am Wed 25 Apr 12
Hilly_2009
says...
9:26am Wed 25 Apr 12
extratime wrote:A little bit of knowledge can be a dangerous thing...
Get real you lot people change their minds and Raj can change his
1883 cant be so cleverif theyput this toFA with clauses
You end up in same division as pheonix but with loads of debt and all fans out of pocket giving hm nice pay day nice one
If we don't agree the CVA we end up being relegated a further division i.e. to the Evostick Premier League. If we were to reform we'd most likely end up in Northern League Division 1. Also if we don't agree the CVA there is no debt.
Therefore definately not the same division.
mrrealist
says...
9:51am Wed 25 Apr 12
Allanopie
says...
11:47am Wed 25 Apr 12
The Love Slug
says...
12:29pm Wed 25 Apr 12
phuck oph
MrMorden
says...
1:28pm Wed 25 Apr 12
Same with Wimbledon in the cup final and then thousands showed up for the open top bus parade.
When a club drops a league the attendance gets lower. It happens to all clubs.
quakersam
says...
2:17pm Wed 25 Apr 12
Allanopie
says...
2:55pm Wed 25 Apr 12
Quakerz
says...
3:29pm Wed 25 Apr 12
And by the way doonhamer, of course people moaned about the price, it was a rip off.
extratime
says...
5:05pm Wed 25 Apr 12
daft thing is everyone stood and watched as he appeard to be our saviour encouraging all to believe in his utopia which was nothing more than a pipe dreamthink about itwho stands to gain and who loses - its not hm
and do you not think given the abject failure of this fiasco due to the apathy of the fans and community that phase 2 investors wont want their cash back -course they will
doonhamer
says...
5:10pm Wed 25 Apr 12
extratime wrote:Well said extratime, don't think the peabrained Loveslug will comprehend though.
Hilly I think youll find the first 250 k is gone are you saying hm is working for free ? How long has he been wasting the money of the fans chasing dream 100 days or ma dre at what rate 1k /day at least bang goes100k moneythat could have gone on a pheonix club and a new start
daft thing is everyone stood and watched as he appeard to be our saviour encouraging all to believe in his utopia which was nothing more than a pipe dreamthink about itwho stands to gain and who loses - its not hm
and do you not think given the abject failure of this fiasco due to the apathy of the fans and community that phase 2 investors wont want their cash back -course they will
Hilly_2009
says...
6:36pm Wed 25 Apr 12
extratime wrote:Are you suggesting that 250k of the CrowdCube money has already been spent? If so that is a downright lie.
Hilly I think youll find the first 250 k is gone are you saying hm is working for free ? How long has he been wasting the money of the fans chasing dream 100 days or ma dre at what rate 1k /day at least bang goes100k moneythat could have gone on a pheonix club and a new start
daft thing is everyone stood and watched as he appeard to be our saviour encouraging all to believe in his utopia which was nothing more than a pipe dreamthink about itwho stands to gain and who loses - its not hm
and do you not think given the abject failure of this fiasco due to the apathy of the fans and community that phase 2 investors wont want their cash back -course they will
IonlySpeaktheTruth
says...
7:01pm Wed 25 Apr 12
Hilly_2009
says...
7:13pm Wed 25 Apr 12
IonlySpeaktheTruth wrote:Can you blame people when certain posters are spreading rumours trying to pass them off as facts?
All getting a bit personal on these posts innit? As 1883 have said, show patience and all will be explained soon.....
Quakerz
says...
9:23am Thu 26 Apr 12
IonlySpeaktheTruth wrote:Yes and it'll continue to be personal until you stop spamming Darlo stories with unsubtantiated crap, or get into line.
All getting a bit personal on these posts innit? As 1883 have said, show patience and all will be explained soon.....
Your days of trying to destroy the reputation of the club, town and fans are over.
TOUGHLUCK
says...
11:42am Thu 26 Apr 12
Quakerz wrote:What reputation?
IonlySpeaktheTruth wrote: All getting a bit personal on these posts innit? As 1883 have said, show patience and all will be explained soon.....Yes and it'll continue to be personal until you stop spamming Darlo stories with unsubtantiated crap, or get into line. Your days of trying to destroy the reputation of the club, town and fans are over.
The club only has a reputation for being in and out of administration and mis-management.
The town only has a reputation for being a s***hole.
And the fans, well what fans.
Get real moron!
Quakerz
says...
1:42pm Thu 26 Apr 12
DM1989
says...
3:42pm Thu 26 Apr 12
extratime
says...
7:38am Fri 27 Apr 12
If it hadnt been then as 500 wont or more bluntly never was going to be met every would have wanted money back so no means of guaranteeing hm his nice little earner
Not 100% sure on whats left say 100k then football creditor which is 80k not much left after that yet all that 250k could have gone to a pheonix with no debt
I think well all be thanking the trust soonfor their prudence in not chucking more cash into 1883 black hole thankfully agm isafter cva meeting so any new trust board (read 1883 blinkered members) wont have had the opportunity to waste it with the rest
sorry but pheonix was only way and weve all been been hoodwinked but only a few will actually admit it
wave goodbye to the club as we knew it and our the fans money oh look boys and girls whos that waving back over there that man with a big smile yes thats right its Harvey
doonhamer
says...
7:55am Fri 27 Apr 12
extratime wrote:How right you could be extratime. Hoodwinked ?, quite possibly, because as the saying goes, "There's none so blind as those that cannot see"
Hilly where do yo think money to pay harvey madden is coming from Raj? no its ours ie the fans within the first 250k non refundable phase why do you thin it was phased?
If it hadnt been then as 500 wont or more bluntly never was going to be met every would have wanted money back so no means of guaranteeing hm his nice little earner
Not 100% sure on whats left say 100k then football creditor which is 80k not much left after that yet all that 250k could have gone to a pheonix with no debt
I think well all be thanking the trust soonfor their prudence in not chucking more cash into 1883 black hole thankfully agm isafter cva meeting so any new trust board (read 1883 blinkered members) wont have had the opportunity to waste it with the rest
sorry but pheonix was only way and weve all been been hoodwinked but only a few will actually admit it
wave goodbye to the club as we knew it and our the fans money oh look boys and girls whos that waving back over there that man with a big smile yes thats right its Harvey
IonlySpeaktheTruth
says...
8:00am Fri 27 Apr 12
And I'm always getting slagged off for mis-quoting!!! haha
darlo oily
says...
11:44am Fri 27 Apr 12
i heard from his own mouth(or would that be fork tongue) he would walk if that was the price of survival
secondly he failed to pay players their contractual rights
he should be sued the length of this country for breach of contract
notice from the photo bit flab round the lower jaw easy to see where the players wages have gone!!
Hilly_2009
says...
2:12pm Fri 27 Apr 12
extratime wrote:Can't be bothered reading the rest of your rambling nonsense.
Hilly where do yo think money to pay harvey madden is coming from Raj? no its ours ie the fans within the first 250k non refundable phase why do you thin it was phased?
If it hadnt been then as 500 wont or more bluntly never was going to be met every would have wanted money back so no means of guaranteeing hm his nice little earner
Not 100% sure on whats left say 100k then football creditor which is 80k not much left after that yet all that 250k could have gone to a pheonix with no debt
I think well all be thanking the trust soonfor their prudence in not chucking more cash into 1883 black hole thankfully agm isafter cva meeting so any new trust board (read 1883 blinkered members) wont have had the opportunity to waste it with the rest
sorry but pheonix was only way and weve all been been hoodwinked but only a few will actually admit it
wave goodbye to the club as we knew it and our the fans money oh look boys and girls whos that waving back over there that man with a big smile yes thats right its Harvey
You basically said that the first 250k had been spent. This is false.
Some have asked DFC1883 how they can withdraw their money from CrowdCube if they have invested in Phase 1. Craig McKenna said that if people wanted to do that they then would find a way.
Therefore to me this suggests that the first 250k hasn't been spent.
extratime
says...
6:52pm Fri 27 Apr 12
I wont hold my breath waiting for an answer...
If what Craigs saying is right the fans will be moving jumping ship quicker than those on the Titanic - I know I will.
Speaking of the Titanic perhaps 1883 should have been called 1912 instead - another lost cause and even when it was submerged people were saying 'its the Titani it can't sink' - deju vu or what.
Of course the Titanic's remembered 100 years on DFC will be long forgotten within 10
Which has just given me an idea for a fundraiser at the white elephant arena (white and big like an iceberg lets get a string quartet in to play out the clubs demise as it sinks - that would surely go down well with the fans bit like the team
Hilly_2009
says...
10:02am Sat 28 Apr 12
extratime wrote:Again ignoring your rambling nonsense which only goes to confirm your fake 'support' for the club... Darlington fan? Yeah right... At most you will be a Darlington resident (I even doubt that), but as we know that doesn't make you a fan.
So I ask the question again who pays HM if it doesn't come out of the 250K perhaps one for Craig or maybe he pays it personally. There wont be anywhere near enough from income since his appointment
I wont hold my breath waiting for an answer...
If what Craigs saying is right the fans will be moving jumping ship quicker than those on the Titanic - I know I will.
Speaking of the Titanic perhaps 1883 should have been called 1912 instead - another lost cause and even when it was submerged people were saying 'its the Titani it can't sink' - deju vu or what.
Of course the Titanic's remembered 100 years on DFC will be long forgotten within 10
Which has just given me an idea for a fundraiser at the white elephant arena (white and big like an iceberg lets get a string quartet in to play out the clubs demise as it sinks - that would surely go down well with the fans bit like the team
You've basically just admitted that you don't know if any money from CrowdCube has already been spent. Something which you claimed as fact only a few days ago. This should serve as a warning to anyone reading your posts in the future that you haven't a clue what you're talking about (if anyone needed telling that is).
If you want answers to your questions can I suggest you point them to Craig himself who is answering similar questions as we speak over on Darlo Uncovered.
quakersam
says...
10:49am Sat 28 Apr 12
extratime
says...
5:48pm Sat 28 Apr 12
I dont comment on the forums due the abuse for having an alternative view and not being a sheep it appears these pages are going that way too as well now.
You simply wont answer the question as you don't like the answer - HM money comes out of the fans crowdcube money -simples - as does all the other football creditor monies.
On another note do you know that despite all the 1883 yes we'll be at the arena next year that this is not a definate and the liklihood they wont be - just been on the radio - were has all the openness promised by 1883 gone
so much for the arena being the focus of a community club and generating income
Hilly_2009
says...
9:24am Sun 29 Apr 12
extratime wrote:Lived in the town all my life? No. I live in Bishop Auckland but I can match you on your other two points. Ive also volunteered to help 1883 with various initiatives e.g. building the buydarlo.org website, designing match day posters etc...
As it happens I've lived in the town all my life and have been a season ticket holder for over 20 years as well as investing hundreds of pounds in 1883 have you?
I dont comment on the forums due the abuse for having an alternative view and not being a sheep it appears these pages are going that way too as well now.
You simply wont answer the question as you don't like the answer - HM money comes out of the fans crowdcube money -simples - as does all the other football creditor monies.
On another note do you know that despite all the 1883 yes we'll be at the arena next year that this is not a definate and the liklihood they wont be - just been on the radio - were has all the openness promised by 1883 gone
so much for the arena being the focus of a community club and generating income
However Il make this question quite clear for you because you seem to be skirting round it...
Do you know for fact that the CrowdCube money has already been used? And I mean cold hard facts - not your opinion.
As for openness, I fail to see how a group of fellow fans (which DFC 1883 are) could of been more open. They've held open fans forums, they've got a Q&A session going on via Darlo Uncovered and they release regular press releases.
Surely it makes sense not to report on items which are ongoing, or perhaps not even true at all e.g. The stadium move rumour.
I'd prefer DFC 1883 acted as professionally as possible rather than decend into anarchy.
extratime
says...
10:42am Sun 29 Apr 12
As for your wonderful forum with all the answers heres a post last night about the recent developments re the ground - you said earlier ask Craig doesn't appear he like hard questions
I really do think tat 1883 should say something soon. Craig has been on tonight and hasn't commented, (he was on the 1883 forum but didn't answer any of the posts) you would have thought that he was in the know.
Even just to say its a rumour and nothing more we as fans potential owners are having to rely more on the press for info than any official sources
Hilly_2009
says...
2:18pm Mon 30 Apr 12
extratime wrote:But that's just it! I never claimed to know where the money was coming from - you did! Something which is very misleading to people on the outside who read these comments!
If I'm skirting round issues then so are you - no I don't know its been spent but is as good as - do you know where HMs money is coming from - do you know its NOT from the first 250k - cold hard facts - it will be paid and it wont be less than 100k
As for your wonderful forum with all the answers heres a post last night about the recent developments re the ground - you said earlier ask Craig doesn't appear he like hard questions
I really do think tat 1883 should say something soon. Craig has been on tonight and hasn't commented, (he was on the 1883 forum but didn't answer any of the posts) you would have thought that he was in the know.
Even just to say its a rumour and nothing more we as fans potential owners are having to rely more on the press for info than any official sources
You claimed that the money was coming from CrowdCube and I gave you evidence to suggest that it wasn't - end of story!
If you want to know where the money is coming from, as I keep saying, all you have to do is ask the right people!
Also, surely you can see the irony in suggesting that you're having ro rely on the press for information, because it's 1883 that are giving information to the press!
extratime
says...
5:35pm Mon 30 Apr 12
Why havent 1883 commented on the ground share people who have invested and post on the forum which 1883 recognise as a means to commicate are up in arms that 1883 spokesmen on there ignore this key question
Like they did over RJ and payment of HM
Hilly_2009
says...
9:47pm Mon 30 Apr 12
extratime
says...
7:10am Tue 1 May 12
Lets put record straight
I didnt state money had gone fact if you re read I said I think you'll find
All youve said is craig will find a wayof getting people theirmoney back NOT how HM fees are paid 1883 have never said its not from fans investments if they have show me where and HOW it will be paid
As I have mentioned1883 are ignoring hard questions on that forum
IonlySpeaktheTruth
says...
9:51am Tue 1 May 12
extratime
says...
7:43pm Tue 1 May 12
It just wont be the same from the top of a portacabin at Shildon :)
extratime
says...
7:43pm Tue 1 May 12
It just wont be the same from the top of a portacabin at Shildon :)
Hilly_2009
says...
10:53pm Wed 2 May 12
extratime wrote:You're asking me questions I don't know but the difference is I never claimed to know either!
True colours now obviously you belong on that forum resorting to personal insults
Lets put record straight
I didnt state money had gone fact if you re read I said I think you'll find
All youve said is craig will find a wayof getting people theirmoney back NOT how HM fees are paid 1883 have never said its not from fans investments if they have show me where and HOW it will be paid
As I have mentioned1883 are ignoring hard questions on that forum
You claimed to know that the Crowdcube money had been spent. This was a downright lie.
After tonight's latest events it's been announced that everyone is to get their money back from CrowdCube with a chance of reinvesting in the new venture should they wish.
How can money be returned when as you claimed - had already been spent?
LIES!
extratime
says...
7:06am Thu 3 May 12
Do you think money would have been offered back had it not been for the groundswell of opinion ?
Do you class 1883 saying that immediate future was at white elephant then weeks later that the arena is not viable a LIE
Hilly_2009
says...
7:59am Thu 3 May 12
extratime wrote:I can read just fine thanks. Shame you're now back tracking isn't it?
I do wonder if you can read I did reiterate I said I think not that t categoically was spent
Do you think money would have been offered back had it not been for the groundswell of opinion ?
Do you class 1883 saying that immediate future was at white elephant then weeks later that the arena is not viable a LIE
You quite clearly said:
"Hilly where do yo think money to pay harvey madden is coming from Raj? no its ours ie the fans within the first 250k non refundable phase why do you thin it was phased?"
That sentence doesn't sound like an opinion does it? Hell, I'd even goes as far to say that it was your attempt at stating a fact.
Face it. I've given you every opportunity for you to explain that it was 'just your opinion' but even when presented with cold hard information you chose to ignore me and spread mis-information.
Long story short. I'm right. You're wrong. The sooner your realise that the better.
extratime
says...
2:24pm Thu 3 May 12
And my money back thats a bonus it wont be reinvested as I have no confidence in 1883 after this fiasco
Hilly_2009
says...
2:50pm Thu 3 May 12
extratime wrote:No, maybe. Definately.
Maybe but thats how it had been communicated and understood maybe1883 should beheld accountable for that not me many others believed their money was in theblack hole
And my money back thats a bonus it wont be reinvested as I have no confidence in 1883 after this fiasco
That's how it had been understood by you - not everybody lets get that clear.
This doesn't give you the right to go around and spreading malicious lies.
DFC1883 have a hard enough job as it is without having to release press statements to counter the actions of some gobs***e who go around claiming things as facts.
extratime
says...
8:15pm Thu 3 May 12
I have never spread any malicious lies simply expressed and opinion as you have. All you have to do is look on your beloved forum there are dozens of people who thought this to be the case and it was reported in the press.
Perhaps if 1883 had made this clearer so everyone did understand then there wouldn't have been room for misunderstandings in the first place
Hilly_2009
says...
11:56pm Thu 3 May 12
How about just now?...
"Perhaps if 1883 had made this clearer so everyone did understand..."
Oh and your opinion? Yeah... sounds like it:
"Hilly where do yo think money to pay harvey madden is coming from Raj? no its ours ie the fans within the first 250k non refundable phase why do you thin it was phased?"
Keep digging. This is fun.
Robbie Painter says...
10:08am Tue 24 Apr 12
"I'll walk away, I'm not expecting a penny back," Singh told BBC Tees.
"I could make things difficult for the administrators but I won't. I want the club to survive, to do well."
Clearly he has reversed his decision but expects people not to blame him.
If Raj Singh wanted to profit from decisions he made while in charge of the club then he should also take responsibility for the losses made as the result of his decisions and he should have kept the club going for long enough for his "fantastic" decisions to bear fruit.
Instead he walked away mid season failing to honour contracts he sanctioned just a few months previously.
As for no debt, that is also incorrect. He failed to pay the players some/all their wages in Oct, Nov & Dec. Compensation to Mark Cooper & Richard Dryden is outstanding. Plus he once again ignores the £800k of debt in his name that he said in the Matchday programme Feb 26th 2011 was a "gift".