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

Naughton's moustache said:
Well yeah, you say that but Adam Cottier asked some decent questions in the press conference with Hecky.
If Ridsdale puts shoves his nose under a mic, then he needs to ask the same questions to him.
They are after all, supposed to be our voice, or so they claim!
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He did, I thought he came across well asking the questions even when he wasn’t getting any response which is understandable from the manager who won’t want to be upsetting his pay masters. As with all managers they tend to go with how the club is at that time, if we had only 2 or 3 out of contract I am sure his view on it would be different to the press
 
raefil said:
A poster, who works in the media, warned us very clearly that the media will not be our friend. Expect a whole lot more of this type of narrative.
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Yep. Plenty more of that to come, I feel. Anybody who says it as it is, is the bad guy, an upstart and part of 'the minority'. Whereas those who blindly back everything the club does is a 'proper fan'. That doesn't only apply to football either.

Notice how that financial expert fella tweeted something yesterday about 'regular cash injections' from the PNE owners? Just as news of the letter was circulating?

Are we surprised that the Facebook lemmings are jumping on that kind of PR with "what are that lot complaining about, our owners are putting money in, they are committed/loyal etc, there's nothing wrong, those fans have an agenda" etc?

I hate that the fans who want to win are being painted as some sort of spoilt minority complaining for no reason.
 
Grimes1880 said:
Yep. Plenty more of that to come, I feel. Anybody who says it as it is, is the bad guy, an upstart and part of 'the minority'. Whereas those who blindly back everything the club does is a 'proper fan'. That doesn't only apply to football either.

Notice how that financial expert fella tweeted something yesterday about 'regular cash injections' from the PNE owners? Just as news of the letter was circulating?

Are we surprised that the Facebook lemmings are jumping on that kind of PR with "what are that lot complaining about, our owners are putting money in, they are committed/loyal etc, there's nothing wrong, those fans have an agenda" etc?

I hate that the fans who want to win are being painted as some sort of spoilt minority complaining for no reason.
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Kieran Maguire tweets every time a new statement of capital is published by Companies House relating to PNE - so far this season there have been four announcements, and four tweets: 1, 2, 3, 4.

The timing of these Companies House announcements is a couple of weeks after the actual share allotment - so the most recent one, this week, relates to £2m injected on November 12.

Its publication the day after the open letter is purely coincidental, and Maguire tweeting about it the same day is purely routine - it isn't some media conspiracy.
 
Morse said:
The termination date (if there is one) will be written into the trust deed which unfortunately we won't have access to. If no termination date is specified then as far as I know the trust will automatically expire in 125 years.
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When you said 125 years then a voice just subconsciously said 'Ridsdale will still be here then' in my head 🤣
 
Morse said:
I'm not so sure about this? The club is held in a trust controlled by Kathryn Revitt, so Craig Hemmings couldn't sell it even if he wanted to. It's quite possible that he's just as pissed off with the situation as we are? Unfortunately Kathryn Revitt seems to hold all the cards and she's the one we probably need to focus on? Having said that, Craig appears to be our only route to Revitt at the moment so ideally need to get him on our side?
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Whoever is stopping the sale...I just don't think it's a pricing mistake. Both Rovers and PNE are interesting acquisitions for the USA style owners but neither current owner is seemingly looking to sell
 
Jürgen Krapp (aka S&R) said:
Sadly I think they are being honest from their perspective in regards to the club being well run.

Comes down to a few things. I think there's a few fans out there who just don't have the imagination to see how the club could be run better and they don't have the curiosity to try and understand the details. 'This is the way it's always been, what's the problem?'

Safe to say people on the forum are the most invested in club matters as they've gone out their way to sign up to a site that discusses North End in order to keep discussing North End, so they will have the curiosity to understand the detail.

I think too people don't tend to think there's anything wrong until the disaster strikes. 'We're still in the Championship, what's the problem?'... *Get relegated* 'We're so badly run! How did this happen?'. Some of us prefer continuous improvement and when we don't see it, recognise the inevitable will happen.

I don't get wound up by it, I wait to hear the arguments as to why we're well run. Interestingly enough, I tend to find people who say we're well run never explain why.
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I think ‘ we’ll run ‘ to those that can’t explain what it means is we are ‘well run’ because we haven’t gone bankrupt or been chased by the tax man recently . Just surviving is ‘well run’ ..
 
Seamustasmania said:
I think ‘ we’ll run ‘ to those that can’t explain what it means is we are ‘well run’ because we haven’t gone bankrupt or been chased by the tax man recently . Just surviving is ‘well run’ ..
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It spunks 10-15m a year and still we are signing 28 year old journeymen (Ryan Kent is the most PNE signing ever and will probably happen). It's the photo negative of a well ran club. It's appalling.
 
TheWarehouse said:
Players are amortised through the life of their contract
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You are referring to value on a football clubs ballance sheet for legal purposes.

A players actual value in the transfer market would usually be totally different.

So in the current transfer market and not business market, what do you think the value of our out of contract players would be in January.
 
They are only worth what someone is prepared to offer which I suspect in most of their cases will be b****r all. May manage on odd fee here and there but £2 - 3 mill max for the lot of them. Most can just disappear asap.
 
Thracia said:
I don't agree, because if Ridsdale goes, they'd have to replace him.

And unless they can find another megalomaniacal many-hatted blowhard from the 1990s, that would mean hiring actual staff, perhaps even actual staff professionally qualified in their various roles.

Even by accident, we will most likely emerge with a much better run club.
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That they would appoint someone significantly better than Ridsdale is an enormous assumption.
 
JK said:
You are referring to value on a football clubs ballance sheet for legal purposes.

A players actual value in the transfer market would usually be totally different.

So in the current transfer market and not business market, what do you think the value of our out of contract players would be in January.
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It’s never actually the value of the player, it’s the value of their contract. A player is only worth what someone is willing to pay for his services or what a club deems the value of his contract to be.
 
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