Author Topic: Crash and burn...  (Read 1615 times)

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Quinn Upstone

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Crash and burn...
« on: April 29, 2025, 09:44:02 PM »
I'm very afraid that we've just lost our club...



Mallard

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Re: Crash and burn...
« Reply #1 on: April 29, 2025, 10:16:41 PM »
Seems a rather dramatic post upstone
What if the Hokey Cokey really is what it’s all about ?

Quinn Upstone

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Re: Crash and burn...
« Reply #2 on: April 29, 2025, 11:38:37 PM »
Yes, I guess it is Mallard. I just have a really bad feeling that the next season's financing possibilities all depended on us securing promotion.

I don't believe in Cleeve's £300k investor all ready to hand over their cash.

And I don't see why Jo would continue throwing good money after bad.

I'm concerned by rumours  that Cleeve  didn't adhere to certain limitations on the "tone" of his use of media...

And that certain bills similar to those which lost us the club last time are allegedly unpaid...

Well I'm a realist, not an optimist. Nor a pessimist.

But if it looks like a 🦆 and sounds like a 🦆...odds are that it's a blasted 🦆

m a hill

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Re: Crash and burn...
« Reply #3 on: May 04, 2025, 10:53:34 AM »
Talk about putting the cart before the horse (we are doomed) we will have to see what comes up on the 15 th of May meeting

Mallard

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Re: Crash and burn...
« Reply #4 on: May 04, 2025, 11:08:49 AM »
One thing that should happen is the Club lives within its means.  More outgoings than incomings is not a great business MO, in the medium to long term.   The Club needs work to work a strict budget.

So really can Lynn afford to run with a full time playing staff, full time Manager and coaching staff.  Can it  afford overnight stays.  However without all of that what level can we expect to play at ?

Then we come on to the servicing of the debt that was been run up in a failed attempt to retain  National League status.   Would an insolvency arrangement be the way forward to wipe the slate and take a 2 League drop to step 4.

Whatever is the way forward it needs to be structured to get the Club working on a break even basis.
What if the Hokey Cokey really is what it’s all about ?

Linnet465

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Re: Crash and burn...
« Reply #5 on: May 04, 2025, 03:02:28 PM »
 :scarf: The first thing imo with any money “given” is surely pay off the debts so a honest reevaluation of where we stand and what is honestly possible can be made and move forward from that. .? Level 3 or 4 if that is all is affordable with adjustments made to playing and associated staff.  It’s better this than losing KLTFC

MARCUS ROSE

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Re: Crash and burn...
« Reply #6 on: May 04, 2025, 03:07:06 PM »
I wonder if Mr Cleeve has been In contact with Mr Buffett yet. Two like minded investment experts.  :countingmoney:

 

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