by Gloomy Gull » 09 May 2016, 12:29
I must confess to being a little confused/concerned by these current events.
> The current board have agreed a deal to sell the club to GI - albeit not yet fully completed
> The current Chairman takes the decision to offer a 3 year contract to KN.
> The current CEO is made redundant - "the position of chief executive was made redundant due to restructuring".
> "The club can also confirm that it is not currently in any discussions with former Torquay United Head of Youth Geoff Harrop regarding joining the club in the near future."
Are GI still moving forward with their purchase the club?
If so, is it the new Director's (to be appointed by GI) who have sanctioned the very long contract term for the manager, undertaken a restructure review and instructed the current Chairman to implement these changes OR has Dave Phillips arbitrarily made and implemented these decisions without reference to the supposed new owners and looked to secure Nicholson's future, either in employment or not? If the 3 year gamble does not come off OR the new owners have other ideas - Nicholson's income is secured for 3 years.
The views on this site, from some posters, were that Harrop was to be included in any future plans of the proposed New Owners, yet the current Chairman's statement is very definite about Harrop not returning to the club any time soon. Again I query, has this decision been made with the full agreement of GI, or has Phillips taken another decision that would help secure KN's position(either as an employee or as a paid off manager) if the sale completes.
If all the above decisions have been made after full disclosure to the prospective purchasers and their agreement thereto...then I cannot foresee any future issues. If these have been made without notification, has Phillips, who is still in overall control, made such important decisions to secure the clubs immediate future with one eye on the probability that the sale is faltering?
Should this sale fall through..how are we going to fulfill ongoing business as usual cash flow requirements, as the most recent rhetoric coming form the boardroom was that "additional investment" was required, and that we have been struggling to survive against the original budget that was set.
I, and I may be the only one, am concerned and confused by the messages that the current movements have made.
I know there are some out there that are much closer to the current board than others, so perhaps they can settle my nerves that the movements by Phillips do not jeopardise the ownership change, or if he is remaining in total control that we have the funding organised to meet the coming season's expectations.
I must confess to being a little confused/concerned by these current events.
> The current board have agreed a deal to sell the club to GI - albeit not yet fully completed
> The current Chairman takes the decision to offer a 3 year contract to KN.
> The current CEO is made redundant - "the position of chief executive was made redundant due to restructuring".
> "The club can also confirm that it is not currently in any discussions with former Torquay United Head of Youth Geoff Harrop regarding joining the club in the near future."
Are GI still moving forward with their purchase the club?
If so, is it the new Director's (to be appointed by GI) who have sanctioned the very long contract term for the manager, undertaken a restructure review and instructed the current Chairman to implement these changes [b]OR[/b] has Dave Phillips arbitrarily made and implemented these decisions without reference to the supposed new owners and looked to secure Nicholson's future, either in employment or not? If the 3 year gamble does not come off OR the new owners have other ideas - Nicholson's income is secured for 3 years.
The views on this site, from some posters, were that Harrop was to be included in any future plans of the proposed New Owners, yet the current Chairman's statement is very definite about Harrop not returning to the club any time soon. Again I query, has this decision been made with the full agreement of GI, or has Phillips taken another decision that would help secure KN's position(either as an employee or as a paid off manager) if the sale completes.
If all the above decisions have been made after full disclosure to the prospective purchasers and their agreement thereto...then I cannot foresee any future issues. If these have been made without notification, has Phillips, who is still in overall control, made such important decisions to secure the clubs immediate future with one eye on the probability that the sale is faltering?
Should this sale fall through..how are we going to fulfill ongoing business as usual cash flow requirements, as the most recent rhetoric coming form the boardroom was that "additional investment" was required, and that we have been struggling to survive against the original budget that was set.
I, and I may be the only one, am concerned and confused by the messages that the current movements have made.
I know there are some out there that are much closer to the current board than others, so perhaps they can settle my nerves that the movements by Phillips do not jeopardise the ownership change, or if he is remaining in total control that we have the funding organised to meet the coming season's expectations.