Time for action - An open letter to Preston North End FC (Meeting & responses added).

MalkySee said:
First look at the quick summary suggests that they are working towards being a sustainable club with a keen interest in developing young talent both through inward transfers and a move to a better Academy level. Inward investment from the shareholders and actively seeking further financial input from external sources .... in fact all the things PNE should be doing but don't.
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Bodney Rewes said:
Aye it has a bunch of things we should be doing. They have a five year plan "to be a sustainable top six Championship club within five years, with Premier League aspirations". They use their stadium for concerts, they're investing in the academy and trying to upgrade it to category 2, and have things like a 5-a-side centre which I'd imagine would supplement their income. It's interesting too how they can point to examples to demonstrate the value they're providing, such as the players who came through their academy. Their income, generally, just looks to be bigger than ours overall
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I agree it is what pne should be doing.

However all this good work they are doing and ‘5 year plan’ goes out the window when they appointed Wayne Rooney as manager.

Way more likely to be in league one next season than the championship.
 
No way the Hemmings pull their money. Trev was a ruthless business man. He didn't like football. Nothing in his entire portfolio had a sense of sentimentality to it. Whatever the reason, the Hemmings family have always seen the club as an asset and Craig still does. I don't even believe we are open to offers or if we are we are strategically placed out of the market.

We are stuck with them so.... Ridsdale out.
 
RibbletonWhite2.0 said:
I agree it is what pne should be doing.

However all this good work they are doing and ‘5 year plan’ goes out the window when they appointed Wayne Rooney as manager.

Way more likely to be in league one next season than the championship.
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Aye there's still the on the pitch stuff that football clubs have to deal with. I don't rate Rooney either and I think they'll go down too but still there's stuff we can learn from teams like Plymouth as their financial situation isn't so different to ours. We just need to avoid appointing people like Rooney
 
Durutti said:
No way the Hemmings pull their money. Trev was a ruthless business man. He didn't like football. Nothing in his entire portfolio had a sense of sentimentality to it. Whatever the reason, the Hemmings family have always seen the club as an asset and Craig still does. I don't even believe we are open to offers or if we are we are strategically placed out of the market.

We are stuck with them so.... Ridsdale out.
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Interesting view. It doesn't make any business sense to lose millions of pounds every year with little hope of a return.
 
Big 1 said:
Interesting view. It doesn't make any business sense to lose millions of pounds every year with little hope of a return.
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As others have said it probably is all intertwined with there other businesses, rich folk don’t become and stay rich by throwing money away especially there own.
 
Big 1 said:
Interesting view. It doesn't make any business sense to lose millions of pounds every year with little hope of a return.
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To me or you, no. To the mere mortals who work PAYE jobs and just associate good jobs with wealth etc, you are right.

But these are IOM folk, they know tax loopholes, they know transferable debt strategies and things we will never understand.

Trev was fine pulling the plug on businesses and selling up when they became unprofitable.

It might simply be that a lot of the Hemmings fortune came from playing the long game in terms of property ownership. Do they predict with the influx of US owners that clubs will quadruple in value over the next 10-20 years, thus regaining their money put in or most of it? It's not a daft prediction (football isn't losing popularity is it?)

I absolutely guarantee they will never walk away without a payday/purchase.
 
Pennyhome said:
Just a hunch I have , especially if we keep the pressure on .

Trouble is will that happen as we climb the table ?
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I would suggest not….

Having said that , if we don’t strengthen in January due to a lack of funds, then people will get quite vocal about the fact
that he blew £1.7m on Okkels…
 
Ridsdale isn't anytime soon going to retire his £400k+ PA deal unless he is substantially paid up. Which would probably require 7 figures.

To hypothetically "quote" North End, what do you want?, a multi million pound game changer player or Ridsdale paid up?

If he can survive the £1.7m fee for Okkels (not the lads fault and I still think he has ability, maybe just not PHs system), then he'll no doubt survive anything.

I'd love to hear his side of the Okkels deal although it would be no doubt full of spin.
 
Pennyhome said:
Have a feeling he’s retiring in the summer…

Fingers crossed 🤞
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Would be fucking great for all concerned. At his age, amassing all this hate can't be healthy. One thing I've noticed about him on podcasts is how personally he takes criticism. The hatred feel for him at the minute will be taking years off and biology dictates he ain't got loads of them left.
 
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