Simon's Business Acumen?

[Bend it like Suddick]

Obviously successful with his financial business, but keeping with Critchley would be baffling.

Its obvious the fanbase is disillusioned with Critchley, and the knock-on effect will possibly be a reduced take up on ST's and smaller attendances and finances therefore affected.

Not what I thought someone like SS would be happy with.

 

[TangerineTom]

What a wild statement questioning a multi multi millionaires business acumen

 

[Bend it like Suddick]

What a wild statement questioning a multi multi millionaires business acumen

What's 'wild'?

It's a Football Forum that gives me the opportunity to have an opinion or open question. It was a constructive one, not abusive or demeaning.

Get used to it.

 

[Lytham_fy8]

The actual real life fanbase isn't that disillusioned though, granted its the same fanbase who thought Joffrey was a sound moral crusader with excellent business acumen.

 

[FLATBACKFOR]

Disillusioned ? only on here.

 

[TangerineTom]

What's 'wild'?

It's a Football Forum that gives me the opportunity to have an opinion or open question. It was a constructive one, not abusive or demeaning.

Get used to it.

He’s an incredibly successful businessman who has built a fortune over many years, running a hedge fund in Hong Kong manages billions of pounds in investments, bought our club and made significant improvements (albeit with a few poor managerial appointments). We are in a much healthier position than we were before he came in.

I just don’t like the seemingly blind arrogance to your comment: ‘Does Sadler even understand business if he doesn’t run the club like I would???’

So with genuine respect, I am going to call out ridiculous comments questioning his business acumen, from someone who has most likely never ran one himself. But of course if you, or any other fan, has a few million quid to spare then I’m sure he’ll be glad to hand it over - No doubt in my mind it will be just as easy as it looks…

 

[Bend it like Suddick]

I just don’t like the seemingly blind arrogance to your comment: ‘Does Sadler even understand business if he doesn’t run the club like I would???’

I think it's more blind reading on your part than anything. Where do I actually say that? You even have the temerity to put it in quotes. Bizarre

 

[TangerineTom]

I think it's more blind reading on your part than anything. Where do I actually say that? You even have the temerity to put it in quotes. Bizarre

That first line made me laugh - I’ll give you that!!

That is in essence what you are saying, you’re questioning his business acumen based on the notion he’s going to stick with Critch, which goes against your view of getting rid him? - Just because you believe the fan base is disillusioned and ticket sales will go down doesn’t mean it’s actually true. Certainly didn’t sound like it at the Barnsley game a mere week ago!

 

[DreadPool]

73 points with a shite misfiring frontline and the only decent finisher injured since January.
Would be ridiculous to change Head Coach yet again.
After the boycott era, it’s frankly laughable when I hear of so called fans saying they won’t renew season tickets.

 

[rememberlesshannon]

73 points with a shite misfiring frontline and the only decent finisher injured since January.
Would be ridiculous to change Head Coach yet again.
After the boycott era, it’s frankly laughable when I hear of so called fans saying they won’t renew season tickets.

And imagine where we'd have finished with even half decent away form. It still staggers me that right to the last minute of the last game of the season, the manager stuck stubbornly to what hadn't worked away all season.

 

[SeasideKurt]

The actual real life fanbase isn't that disillusioned though, granted its the same fanbase who thought Joffrey was a sound moral crusader with excellent business acumen.

Sounded pretty disillusioned on the terraces today to be honest.

 

[Briggsysgonagetya]

Disillusioned ? only on here.

Have you read the comments on Twitter ?

 

[Bend it like Suddick]

That first line made me laugh - I’ll give you that!!

That is in essence what you are saying, you’re questioning his business acumen based on the notion he’s going to stick with Critch, which goes against your view of keeping him? - Just because you believe the fan base is disillusioned and ticket sales will go down doesn’t mean it’s actually true. Certainly didn’t sound like it at the Barnsley game a mere week ago!

Quite possibly but as you allude to it’s my view.

We shall see if sales are diminished.


Oh and Tom, you don’t quote somebody in “quotes” when they haven’t said it. It might be in “essence” ( see what I’ve done?), what I said, but I didn’t say it.

 

[Bend it like Suddick]

73 points with a shite misfiring frontline and the only decent finisher injured since January.
Would be ridiculous to change Head Coach yet again.
After the boycott era, it’s frankly laughable when I hear of so called fans saying they won’t renew season tickets.

So you are happy with this standard of football?

 

[Lytham_fy8]

Sounded pretty disillusioned on the terraces today to be honest.

Obviously.

 

[tigger]

We’ve come up a bit short. It’s been very frustrating in parts. We’ve had better seasons, we’ve had MUCH MUCH worse.

See you all next season

 

[TangerineTom]

Quite possibly but as you allude to it’s my view.

We shall see if sales are diminished.


Oh and Tom, you don’t quote somebody in “quotes” when they haven’t said it. It might be in “essence” ( see what I’ve done?), what I said, but I didn’t say it.

I apologise if it came across that way, I was just making a point of how it came across in my eyes. Ultimately I respect your view, I just feel like Simon should be defended when people question his leadership - it’s a thankless job losing millions in a football club!

 

[fcblackpool]

We’ve come up a bit short. It’s been very frustrating in parts. We’ve had better seasons, we’ve had MUCH MUCH worse.

See you all next season

Tigger, no, no, no. Drop the we had a broken leg and now we have a broken arm so we're happier approach.

Strive to have no bones mashed.

 

[Theoneandonly]

He’s an incredibly successful businessman who has built a fortune over many years, running a hedge fund in Hong Kong manages billions of pounds in investments, bought our club and made significant improvements (albeit with a few poor managerial appointments). We are in a much healthier position than we were before he came in.

I just don’t like the seemingly blind arrogance to your comment: ‘Does Sadler even understand business if he doesn’t run the club like I would???’

So with genuine respect, I am going to call out ridiculous comments questioning his business acumen, from someone who has most likely never ran one himself. But of course if you, or any other fan, has a few million quid to spare then I’m sure he’ll be glad to hand it over - No doubt in my mind it will be just as easy as it looks…

No we are not. We are in division three with the club nineteen million and climbing owed to Sadler. No new training ground or stand and no chance with this seasons tactics of getting promotion next season.

 

[B_Side_The_C_Side]

Any chance you have the numbers for the Euro lottery next week.......as you seem to be able to see into the future........

 

[TangerineTom]

No we are not. We are in division three with the club nineteen million and climbing owed to Sadler. No new training ground or stand and no chance with this seasons tactics of getting promotion next season.

Where have you heard the club owes Sadler rather than him writing off those losses? And where's 19m come from?

 

[Sven]

The owners stuck a load of dough in and we’ve come up short, I’m sure he’s more frustrated than everyone on here.

I’m confident he’ll make the right call when it comes to the current manager.

 

[alginate]

The owners stuck a load of dough in and we’ve come up short, I’m sure he’s more frustrated than everyone on here.

I’m confident he’ll make the right call when it comes to the current manager.

I appreciate the sentiment, but what is it about Sadler’s previous record with managers that gives you confidence?

 

[Bloodtangerine]

We’ve come up a bit short. It’s been very frustrating in parts. We’ve had better seasons, we’ve had MUCH MUCH worse.

See you all next season

In the Moretti?

 

[Theoneandonly]

Where have you heard the club owes Sadler rather than him writing off those losses? And where's 19m come from?

Look at the accounts. It’s a loan to the club. It is NOT a gift, written off or sponsorship fee.

 

[Sven]

I appreciate the sentiment, but what is it about Sadler’s previous record with managers that gives you confidence?

I trust that he’ll make the right call with the current manager. I think he’ll want to give him the opportunity to succeed but won’t be afraid to act if he needs to.

He had a stinker when he appointed Appleton and a panic appointment of McCarthy stemmed from that.

Grayson was understandable and Critchley’s first spell was excellent so I can see why he brought him back and most managerial appointments end in failure, it’s a bit of a lottery.

 

[JJpool]

The owners stuck a load of dough in and we’ve come up short, I’m sure he’s more frustrated than everyone on here.

I’m confident he’ll make the right call when it comes to the current manager.

What's the right call?

 

[Sven]

What's the right call?

I think he’ll keep him and it’s probably the right call on the balance of everything.

Taking it to the last day, getting 70+ points, and decent form towards the end will probably save him.

It’s not an argument for him to stay, I wouldn’t be arsed if he got sacked tomorrow but the logic points towards him getting another crack at it.

 

[Dr Hfuhruhurr]

Disillusioned ? only on here.

You should been standing where I was today. And I moved around. There is widespread disillusionment and it was evident at 1-1 so not just a reaction to going behind. This trope about old gits on here being the only ones who have had enough of NC is bollux.

 

[TangerineTom]

Look at the accounts. It’s a loan to the club. It is NOT a gift, written off or sponsorship fee.

Is that 19m just the running costs of the club over the last few years, or does it include the original purchase?

 

[LA1 Seasider]

Look at the accounts. It’s a loan to the club. It is NOT a gift, written off or sponsorship fee.

Im not a financial expert but isn’t utilising loans a much more efficient way of structuring these sort of arrangements rather than just writing off millions of personal assets.

If the guys going to drop tens of millions of pounds into the club then he should structure it in a way that’s not too painful and that him and his team are comfortable with and feel is sustainable.

Whether the clubs in £5 or £500 million of debt - it’s losing money and there’s no way it’s going to pay a penny back until it’s a self sustaining enterprise. I reckon SS may well have considered the medium and long term.

Certainly more than anyone on this forum !

 

[AngelBFC]

Look at the accounts. It’s a loan to the club. It is NOT a gift, written off or sponsorship fee.

It’s just an interest free loan nothing more nothing less .

If we do well (premier league) he might be able to get it back at some point if we don’t he loses it. That’s how I see it in simple terms.

Give the guy some credit for putting his hand deeply into his pocket to try and make your club better instead of constantly berating him about it .

 

[tangerine_neil]

Sadler seems like an excellent businessman who doesn’t have the first clue about running a football club and has surrounded himself with people who aren’t exactly pulling up trees.

 

[berthalovelybertha]

We’ve come up a bit short. It’s been very frustrating in parts. We’ve had better seasons, we’ve had MUCH MUCH worse.

See you all next season

We've done better with less. But in my time, I'm not sure we've done worse with more. Maybe someone who isn't pissed can think of an example.

In the absence of that, Neil can go back to indexing his sock drawer for me.

 

[Theoneandonly]

Is that 19m just the running costs of the club over the last few years, or does it include the original purchase?

Irrelevant. Look it up yourself. What matters is that the club is now loaded with debt and no end in sight for where that figure will end up.

 

[Theoneandonly]

It’s just an interest free loan nothing more nothing less .

If we do well (premier league) he might be able to get it back at some point if we don’t he loses it. That’s how I see it in simple terms.

Give the guy some credit for putting his hand deeply into his pocket to try and make your club better instead of constantly berating him about it .

Nope. He has made no mention of writing off the loans and he can sell all assets to recoup monies.

 

[Tangerine phil]

Sadler seems like an excellent businessman who doesn’t have the first clue about running a football club and has surrounded himself with people who aren’t exactly pulling up trees.

Agreed so he needs some football experts to advise him. How could Critch possibly be the outstanding candidate after his failure at Villa and esp QPR

 

[tigger]

So he owes himself money?

 

[Arriedirk]

Look at the accounts. It’s a loan to the club. It is NOT a gift, written off or sponsorship fee.

So Is The club is losing money every week?

 

[LA1 Seasider]

If he gifted the money and wrote off £19 million quid he‘d simply be £19 million quid worse off with no chance of getting a penny back.

By loaning the money he’s £19 million quid worse off - *but* he has some claim to that money if it all went tits up and the club were to be liquidated *and* whilst the loan exists it sits as an asset on SS‘s balance sheet which probably proves beneficial to himself when it comes to accessing further finances to keep the club running and competitive.

If Blackpool FC had zero debt, as a loss making business there’s zero chance it would get a loan at anything like a competative rate to carry out the infrastructure developments it so massively needs - and if it did it would then be lumbered with debt to a third party who’s interests would be profiting from the club, and one day hopefully getting every penny back plus interest. That certainly wouldn’t allow us to develop off the field and on the field - certainly not with the same level of ambition.

With SS we get the money loaned at a likely below market interest rate (possibly 0%), we have a source for further borrowing to support our development on and off the field, and there’s no need to pay anything back until the club is actually sustainable and in a position to do so - so our creditor has a vested interest in our success.

And I can’t emphasise this bit enough - what has SS done for any of his intent and actions to really be called into doubt? There doesn’t seem to be any attempt whatsoever to benefit financially or even personally from the club. I imagine his life would have been much better had he never got involved! There’s no indication whatsoever he’s going to leave the club in a tricky situation.

 

[tangysider]

Obviously successful with his financial business, but keeping with Critchley would be baffling.

Its obvious the fanbase is disillusioned with Critchley, and the knock-on effect will possibly be a reduced take up on ST's and smaller attendances and finances therefore affected.

Not what I thought someone like SS would be happy with.

Look at club as a whole and not first team in isolation which I am sure is Sadler's viewpoint.
Training ground plans approved
East Stand support from council but time frame dictated by them
A decent youth academy set up and key personnel already in place.
A decent management set up Winter and Downes who identified some cracking loan signings who slotted straight into first team.They probably have more imput than Critchley,and with the amount of players leaving in summer, I have faith they will identify and get good replacements.
The first 2 items will have a significant cost but are vital for long term planning.

 

[tangysider]

In the Moretti?

What is, wrong with the Cruzcampo available for the masses?