What are thr current actions? As ever, the owners havr committed to nothing in those statements. They deny the claims from the players but neither you or them have suggested why the players got it so badly wrong. Do you think the players just misunderstood, deliberately lied, what? I think they were made to retract their statements but privately still believe every word of them. They haven't said anything publicly, but it seems the players were told they were going to let it die yes. That's the entire point of the thread. Success on the pitch isn't justification for subsequently running a club into the ground. It says a lot that at more than one Allam-owned club, they're unable to capitalise financially on the club's best ever season and claim to be hamstrung by factors out of their control which seemingly don't affect others.
'They haven't said anything publicly' but they have. They've said the players are free to leave, un til then they'll fund the club until a buyer comes. The players have confirmed this.
While I do not think the owners plan to withdraw their investment, they have effectively pulled the plug on further funding.... The players were put on contracts well above what part time non league players should be on......who's fault is that ? Players on £700 a week at a club with gates around 250 was not sustainable.....but the signatories on those contracts were the owners The club may have been in financial troubles before the takeover.....but the actions of the owners are the root cause of the current difficulties......not the players, manager, board.....the blame lies squarely at the feet of the owners......& the club is in a much worse financial state than when they took over..... The players were told after the game something to the effect that future funding would not be available as it had been over the last 2 years & that they were all free to find other clubs.......if they choose to remain at Ferriby it would be on substantially reduced terms In effect the best players will move on to other clubs & the older players will probably leave the game......what will be left are those who simply cannot find other clubs....the team will have had it's heart cut out & will probably drop a couple of divisions unless new owners with deep pockets or a huge sponsor can be found
Most of the players were there before the new owners took over so possibly yes....promotion came before the new owners as well
Nonsense, administration was always an option for HULL CITY FOOTBALL CLUB. Things would have been different but anyone who pretends that administration was not an option is no more than an apologist for the corrupt regime that are currently incumbent but leaving shortly. Tick tock.
I find it totally incredible that, despite how recent and memorable it all is, some on here are doing all they can to try and mask the contemptible manner in which this football club has been used and abused by the Allam Family. Perhaps I should have made the name of the football club clear, but circumstances allows folk to have a choice - now there's an unusual circumstance! Is there a list of those teams/clubs treated shabbily from the Airco Arena, as it would be good to keep a chronicle of their public spirited poison: maybe a banner could be created to commemorate their achievements.
Who was providing the win bonuses before the current owners? If the issue is that the current owner gave players a pay rise, but the team would have done okay anyway, so they were wasting their money, isn't that backing the owners position? As the owners are saying they continue to keep the club afloat, but are not pumping the extra money in, doesn't that leave the club where it was before they arrived, which you say would have worked anyway. What I haven't seen, is a reason the club didn't take up the apparent offer of the free shares. Was it made, were there strings attached? Or was it that nobody else wanted to be subsidising the club and being the ones to have to make the self and same decisions?
The same success we'd have had if Bartlett/Duffen hadn't have signed the contracts they did. They put half a million quid into North Ferriby, that money could have built a sustainable club for the next ten years if spent differently. Yes they have the FA Trophy but where will they be in 10 years time? After this I suspect it will not be any closer to the Football League.
What's your take on the situation Chazz? Surely you've got an argument to put forward and haven't just waded in with nothing to say?
Maybe some might think that a prudent and responsible businessperson might take a club to a level of success they can both afford and sustain. It might be seen as an acceptable measure to prune some player/club expenses, but the scope and bullishness of these measures is difficult to gauge as anything other than crass ownership. They have told us all why they are selling the club, so, perhaps, they might also tell us why, just two years ago, they bought the club and artificially raised its expenditure to an unrealistic and unsustainable level. I fail to see why everyone else is being expected to provide the answers and rationale of their irresponsible actions.
http://www.hullcityindependent.net/...&selpage=30&limit=15&obf=post_number&obad=ASC "This situation has happened to a lot of non league clubs. You get someone coming in funding a better budget and sometimes they get success, sometimes they don't. The benefactor gets fed up and puts the club up for sale and immediately cuts the playing budget. Higher earning players leave and they are replaced by players on a lot lesser money. The benefactor stays but they don't put in half as much cash as they had been doing. It doesn't mean that the club gets relegated for the next season. They stay in the same league but will probably struggle and maybe get relegated as the replacement players are not up to scratch. The problem for clubs like Ferriby playing at this level, Conf North is the travelling and the expense that goes with it. When they drop down it cuts the travelling expenses by as much as a half because the leagues are more regionalised. I had this when I was at Bognor Regis Town. We were in the Conference South and it was crippling us. In the end the benefactor said there was no more money. We let all our players go and replaced them with lads that were prepared to come in for a hell of a lot less money and some were only on expenses. The result was relegation to the Ryman Prem and then relegation to Ryman 1 south. A lot of the debt was paid off and the club regrouped and decided on a budget. 2 years later we were promoted to the Ryman Prem and that's where they are today. For a club like this I think it is safe to say that this is the comfort zone where they can manage financially. Ferriby really have been punching above their weight and probably Northern Prem is their comfort zone. Lets hope they can still hold on in there but it will be very difficult. " "Same when I was playing for Weymouth - the club literally could not afford to get promoted to the Conference/DIvision 3 - the costs that promotion entailed were higher than the income gained. My playing salary dropped from £300 a game plus expenses from Chigwell, to next to nothing the season after we had our highest ever finish. "
Does anyone know if the half million pounds were loans? If they were, are they secured on the ground?
