Kieran Maguire Explainer On Sadler Situation

BFC95 said:
On the Price of Football podcast, they discuss Sadler and Blackpool from 15:45 in the video. Gives a basic explainer on the situation and how he thinks it might effect the football club.

Click to expand...
Thanks.

I always thought short selling was a specialist clothing shop.
 
BFC95 said:
On the Price of Football podcast, they discuss Sadler and Blackpool from 15:45 in the video. Gives a basic explainer on the situation and how he thinks it might effect the football club.

Click to expand...
Thanks for finding that.

It's a wait and see as we suspected.

Interesting description of being a hard boss in there from Bloomberg - makes me wonder how he is at Bloomfield Road; or whether it literally is his hobby and therefore can be more relaxed about the whole thing.
 
hertfordseasider said:
I know what I've heard about him and it isn't different from B;oomberg.
Click to expand...
I don't think it's difficult to believe that a very successful businessman is both a task master and cut throat. Those attributes are part of what has made his company as profitable as it is. It's an interesting point but still depends on his company being found guilty, I suspect it is very difficult proving beyond all doubt.
 
NewburyOne said:
I don't think it's difficult to believe that a very successful businessman is both a task master and cut throat. Those attributes are part of what has made his company as profitable as it is. It's an interesting point but still depends on his company being found guilty, I suspect it is very difficult proving beyond all doubt.
Click to expand...
It's SS not the company who might be found guilty
 
Since1967 said:
I don’t know if the EFL can ban him from ownership? Apparently there is much more detail in Private Eye this week. I haven’t got a copy yet but I am told it doesn’t read well
Click to expand...
They can't ban him from ownership as he's already the owner. The fit and proper person test is at the time of purchase, notafterwards. That's why OO could continue as owner after his conviction.
 
Meliora said:
They can't ban him from ownership as he's already the owner. The fit and proper person test is at the time of purchase, notafterwards. That's why OO could continue as owner after his conviction.
Click to expand...
New convictions are different, and treated as such - and the new Football Regulator is proposing much more stricter rules.
 
Meliora said:
They can't ban him from ownership as he's already the owner. The fit and proper person test is at the time of purchase, notafterwards. That's why OO could continue as owner after his conviction.
Click to expand...
That's wrong as you have to complete a declaration every 12 months and report any qualifying issues as they arise
What the EFL tried to argue with OO was that his offences were committed before the ODT and its predecessor had been introduced
The existing rules under the ODT were clear that the sanction applies whether the disqualifying act occurred before or after the rules were introduced which made Shaun Harvey look a bit stupid with his power point that was headed NO RETROSPECTIVE APPLICATION 🤣
As seasideone says the new rules are likely to be more stringent
 
Last edited:
TwelveAngryMen said:
That's wrong as you have to complete a declaration every 12 months and report any qualifying issues as they arise
What the EFL tried to argue with OO was that his offences were committed before the ODT and its predecessor had been introduced
The existing rules under the ODT were clear that the sanction applies whether the disqualifying act occurred before or after the rules were introduced which made Shaun Harvey look a bit stupid with his power point that was headed NO RETROSPECTIVE APPLICATION 🤣
As seasideone says the new rules are likely to be more stringent
Click to expand...
All in all the consequences of a conviction are likely to be serious for the football club
 
As far as I remember the club is actually owned by a holding company, something like Sooty123 ltd, so Sadler is distanced from actually personally owning? Not sure if that makes any difference
 
TwelveAngryMen said:
That's wrong as you have to complete a declaration every 12 months and report any qualifying issues as they arise
What the EFL tried to argue with OO was that his offences were committed before the ODT and its predecessor had been introduced
The existing rules under the ODT were clear that the sanction applies whether the disqualifying act occurred before or after the rules were introduced which made Shaun Harvey look a bit stupid with his power point that was headed NO RETROSPECTIVE APPLICATION 🤣
As seasideone says the new rules are likely to be more stringent
Click to expand...
Exactly. The rules were clear. They just weren’t enforced.

I’m not sure much has changed with Pilley.

It’d be more than ironic if BFC were the first to suffer from the more stringent rules enforced by an independent regulator.

Still. If the cap fits.
 
TwelveAngryMen said:
If you fall foul of the ODT you can be forced to sell - though as we have seen with our past owners the EFL aren't exactly known for enforcing their own rules
Click to expand...
Correct, which makes an absolute farce of the EFL’s handling of the Fleetwood/Andy Pilley situation.
 
They will be rubbing their hands together down the EFL at the prospect of Blackpool being the first club to be exposed by the new system they fought against us not to introduce.

I love this club.
 
He only needs to be found guilty and convicted, he doesn't have to go to prison. If that happens then the new rules will kick in.
 
Dougall said:
Would it apply though as it's a foreign intervention in a country that we have no judicial connection with?
Click to expand...
I am sure it would carry the same weight as a conviction here. Foreign based owners probably outnumber domestic ones
 
Lytham_fy8 said:
'Potential 10 million dolar fine which isn’t an issue for Simon Sadler'

Love how some people thought Pilley was in the same league.

Anyway, conclusion seems to be not a problem unless he gets distracted.
Click to expand...
Will he personally have to pay the fine or would the company he runs who are worth Billions?
 
TwelveAngryMen said:
That's wrong as you have to complete a declaration every 12 months and report any qualifying issues as they arise
What the EFL tried to argue with OO was that his offences were committed before the ODT and its predecessor had been introduced
The existing rules under the ODT were clear that the sanction applies whether the disqualifying act occurred before or after the rules were introduced which made Shaun Harvey look a bit stupid with his power point that was headed NO RETROSPECTIVE APPLICATION 🤣
As seasideone says the new rules are likely to be more stringent
Click to expand...
How is Pilley still Fleetwood owner, as I understand it, he transferred ownership to his kids. If it’s that simple, what’s the point of the regulations.
 
Matesrates said:
So not a problem for SS then, even if he’s jailed
Click to expand...
I don't think there's much chance of him being potted, it's if he is found guilty and has to pat a hefty fine, or any fine, he will be able to afford it but surely that would make him fall foul of the new EFL rules and he could be forced to sell, or have I misunderstood? I hope that he gets off.
 
basilrobbie3 said:
As a matter of fact, getting a criminal conviction for fraud and / or dishonesty would constitute a breach of the current rules as well.

Perhaps we should all wait to see exactly what he has charged with before trying to score cheap points off one another.
Click to expand...
I thought he had been charged, if not why did he have to pay money to the courts?
 
You must log in or register to reply here.
Back
Top