Off field?

[Blue_and_Gold]

A photo of Jo and Bal at the walks and an official announcement and then everyone can move forward together...oh and a clarification that Mr Cleeve has definitely left the building.

He's still there, with him and his wife still being the only shareholders in Blue and Gold Holdings, which hold the shares in the club.

Bal and Jo have this irrevocable power of attorney (apparently) which gives them control of the club and it's activities.

So, no real takeover of the club as yet. What they have done will allow them to ensure the club can operate on a day to day basis.

Elvis has not left the building yet!

[Mallard]

So presumably the Trust are not involved  yet and can’t really do a deal until the i’s are dotted and T’s crossed between Bal/Jo and SC. 

Maybe the Trust could issue an update on the current situation if they have anything to report ?

[Blue_and_Gold]

So presumably the Trust are not involved  yet and can’t really do a deal until the i’s are dotted and T’s crossed between Bal/Jo and SC. 

Maybe the Trust could issue an update on the current situation if they have any think to report ?

I presume that nothing more can be done until DCMS agree to the terms submitted to them.

Not just the repayment of the loan, but also who the Directors will be once Cleeve is no longer involved.



 

[Mallard]

Surely if the terms of loan are changed as in reduction or repayment period then this will be the same for every other Sports Club that took out these loans. I mean can’t see it being re- adjusted uniquely for Kings Lynn.

[Nigel1505]

Is any of this rhetoric about who's in charge of this and that...who owns this and that...who is culpable about this and that...who is going to help KLFC get the ball in the opposition's net? Only young lads plus some older heads are going to do that. You can have Sir Alex and the best financial brains in the world...it won't get you promoted unless you have the raw ingredients of decent players to get you there. This is a football forum.. not a Financial Times forum... I couldn't give a ufck who's in charge as long as they have their heart in  KLFC and what the future holds for MY club.

[Grissles Oleary]

I just want to know how much a season ticket will be? For the first time in all these years I will be able to attend every game.

[Mallard]

I’d like to get one for the first time in a long long while.  I will only maybe use it to half the games but always good to support something that’s hopefully going to be run in the correct manner

[Grissles Oleary]

I’d like to get one for the first time in a long long while.  I will only maybe use it to half the games but always good to support something that’s hopefully going to be run in the correct manner

Shift work or lack of funds has prevented me getting season tickets in the past,now impending retirement has made it possible.Some seasons I have made more away games than home games.

[MARCUS ROSE]

Why should Clubs get off repaying the unnecessary DCMS loans  which they took on. Let one off and they'll all want the same.

[Blue_and_Gold]

Why should Clubs get off repaying the unnecessary DCMS loans  which they took on. Let one off and they'll all want the same.

Exactly.

Taxpayers money that can otherwise be used on important projects. There's enough out there!

It's not "free" money.

[TonyM]

Is any of this rhetoric about who's in charge of this and that...who owns this and that...who is culpable about this and that...who is going to help KLFC get the ball in the opposition's net? Only young lads plus some older heads are going to do that. You can have Sir Alex and the best financial brains in the world...it won't get you promoted unless you have the raw ingredients of decent players to get you there. This is a football forum.. not a Financial Times forum... I couldn't give a ufck who's in charge as long as they have their heart in  KLFC and what the future holds for MY club.

Nigel, appreciate your view and I think it is probably a view held by the majority of attendees at the Walks on any given Saturday but... if you are not interested then can I politely suggest you just ignore these threads.  Equally there are a subsection of fans who are concerned about how the club has been run in the past (with the result that we were very, very close to liquidation again) and about how it is run in the future (and the implications this may or may not have in respect of the budget available to JR for this coming season).  It would be great if football forums could just concentrate on what happened on the field but unfortunately there are too many examples of of supporters (including KLFC) losing their clubs for finance and good governance not to be an issue.

[Hello Kitty.]

Is any of this rhetoric about who's in charge of this and that...who owns this and that...who is culpable about this and that...who is going to help KLFC get the ball in the opposition's net? Only young lads plus some older heads are going to do that. You can have Sir Alex and the best financial brains in the world...it won't get you promoted unless you have the raw ingredients of decent players to get you there. This is a football forum.. not a Financial Times forum... I couldn't give a ufck who's in charge as long as they have their heart in  KLFC and what the future holds for MY club.

Nigel, appreciate your view and I think it is probably a view held by the majority of attendees at the Walks on any given Saturday but... if you are not interested then can I politely suggest you just ignore these threads.  Equally there are a subsection of fans who are concerned about how the club has been run in the past (with the result that we were very, very close to liquidation again) and about how it is run in the future (and the implications this may or may not have in respect of the budget available to JR for this coming season).  It would be great if football forums could just concentrate on what happened on the field but unfortunately there are too many examples of of supporters (including KLFC) losing their clubs for finance and good governance not to be an issue.

well put tony.I'm gobsmacked that someone has this kind of attitude in this day and age especially when we have seen whats happened to Lynn before and currently.Its not just about football clubs.Some of these people are involved in other unsavory business's.Thankfully and hopefully the authorities do give a fcuk who's in charge of our club and other clubs.

https://www.ajiunit.com/article/investigation-reveals-how-football-can-be-used-to-launder-money/

https://www.fatf-gafi.org/en/publications/Methodsandtrends/Moneylaunderingthroughthefootballsector.html

https://www.tandfonline.com/doi/full/10.1080/17430437.2024.2424565

[Colin Fuller]

You can not divorce the way a club is run from the football side of it. The lack of financial prudence and the woeful infrastructure at Lynn over the years has quite clearly impacted what has happened on the field. For instance, the budget was clearly an issue when Mr Hughes was made manager and recruitment was not of the quality needed to sustain NLN standards, hence the relegation threat that followed. Mr Lakeland improved the squad but the financial fallout that has followed has been a price too high.
A well run club needs good sponsorship and a commercial department helping to provide the necessary funds to back player recruitment. Have Lynn had either of these consistently during Mr Cleeve’s tenure?

[Mallard]

Find it ‘interesting’ that anyone could be blinkered enough to think it’s all about the playing side.  That’s a Saturday afternoon and Tuesday evening for 90 mins each. The rest  of week is finding  the money to make those two 90 mins periods happen.

In simple terms without one you don’t get to watch the other.

As for the loan money then of course this has to be repaid.  The Club received a massive grant during covid.  As I recall it was made clear to all organisations that the next batch of money was to be on loan basis.  It was up to each individual Club ( or in our case one individual) whether they took out the loan.  SC decided to take it, only to suffer relegation regardless.

[rod]

A successful football club is the sum of many parts, not just what happens on the pitch. In fact sustained 'success' more often than not is driven by what happens behind the scenes.