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Charlie is alive and well

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Post  cyprussyd on 2020-09-29, 8:24 am

Football is now at risk of "the collapse of the national league structure that we have known for over 100 years", the government has been warned.
A group of prominent figures has written a joint letter urging ministers to help with a coronavirus crisis rescue package.
Signatories include former Football Association chairmen Greg Dyke and Lord Triesman, Sunderland shareholder Charlie Methven and broadcaster Robbie Savage.
They say many EFL and National League clubs are now preparing to "cease playing... and put their business into administration".
"We would ask that the government now make clear what financial support it's prepared to give before it is too late," the group writes.
"In order for clubs to sustain themselves over the winter and keep playing, they would need to be compensated for the loss of match ticket sales.
"There is still time to act, but not long left."
Sports have been told to prepare for several more months without gate receipts after plans for some fans to return to grounds from 1 October were scrapped last week because of the rising number of coronavirus cases.
EFL chairman Rick Parry told BBC Radio 5 Live on Saturday that some clubs "are on the brink".
Culture Secretary Oliver Dowden told the BBC on Sunday he was "hopeful" the Premier League would confirm it would help lower-league clubs this week.
But it is now unlikely a rescue package will be agreed this week.
A meeting of the top-flight clubs will take place on Tuesday, but Premier League sources have suggested such a timeframe is unrealistic.
Sports governing bodies have been asked to tell the government what they estimate they will lose in gate receipts over the next six months by Wednesday this week.
The government has been told it cannot rely on the top flight, and must also provide emergency funding to cover clubs' loss of matchday revenue.
"The absence of this income is not a result of their actions, but the policies that have been put in place by the government," the group writes.
"It cannot be the Premier League's sole responsibility to sort out issues arising from government policy.
"The government itself needs to take responsibility or many already embattled towns - often in areas of the country which have suffered many hardships in recent decades - will lose their last focal point."
Sent to both Dowden and the Sports Minister Nigel Huddleston, the letter is also endorsed by chair of the Football Supporters' Association Malcolm Clarke, Damian Collins - former chairman of the Department for Digital, Culture, Media and Sport select committee - and a number of other MPs.
"Without any plans being made to rescue football clubs, many in the EFL and others in the National League as well, are now actively preparing to make all but essential staff redundant, cease playing, close down their youth academies and community foundations, and put their business into administration," Dowden and Huddleston are told.
"This could lead not only to the failure of many historic community clubs, but the collapse of the national league structure that we have known for over 100 years."
"These are decisions that will be made in the coming weeks, with many clubs unable to meet their payroll obligations for next month."
The group refers to the £1.5bn bailout that the government gave to arts and cultural organisations in July.
"We believe that football, like other well-loved professional sports in this country, is also a cultural activity," the signatories add.

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Post  Kipper on 2020-09-29, 9:53 am

I wonder why he signed it and not our majority shareholder.
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Post  Steve30000 on 2020-10-03, 1:12 pm

Kipper wrote:I wonder why he signed it and not our majority shareholder.

Maybe Donald is not interested anymore? You don't hear from him now, he's disappeared.
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Post  Kipper on 2020-10-03, 4:19 pm

Steve30000 wrote:
Kipper wrote:I wonder why he signed it and not our majority shareholder.

Maybe Donald is not interested anymore? You don't hear from him now, he's disappeared.
Correct.
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Post  cyprussyd on 2020-10-03, 5:11 pm

Maybe when you consistently tell the owner to f*ck off he may just f*ck off

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Post  Kipper on 2020-10-03, 11:21 pm

cyprussyd wrote:Maybe when you consistently tell the owner to f*ck off he may just f*ck off
Indeed. And some feel there"s good reason for telling him that. Some don't. Fact is that now he no longer serves any useful purpose. The sooner we have new owners the better.
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Post  Black Cat Kiwi on 2020-10-04, 3:15 am

I wonder how long Donald can go on to stave off administration?
With no gates his cashflow will be severely dented and subsequently his ability to service fixed costs.

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Post  cyprussyd on 2020-10-04, 9:54 am

Black Cat Kiwi wrote:I wonder how long Donald can go on to stave off administration?
With no gates his cashflow will be severely dented and subsequently his ability to service fixed costs.
I suspect that's a question many are asking.
Kipper says he serves no useful purpose but maybe like Short before him he is paying the shortfall each week, I have a feeling he is.
Of course he is a very different situation to Short financially and cant go on paying forever.
Maybe that 10 million loan is whats propping us up and I'm sure we are in a far better position to other clubs but, like many, many businesses big outlay and no income can only end one way.

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Post  Black Cat Kiwi on 2020-10-04, 11:49 pm

cyprussyd wrote:
Black Cat Kiwi wrote:I wonder how long Donald can go on to stave off administration?
With no gates his cashflow will be severely dented and subsequently his ability to service fixed costs.
I suspect that's a question many are asking.
Kipper says he serves no useful purpose but maybe like Short before him he is paying the shortfall each week, I have a feeling he is.
Of course he is a very different situation to Short financially and cant go on paying forever.
Maybe that 10 million loan is whats propping us up and I'm sure we are in a far better position to other clubs but, like many, many businesses big outlay and no income can only end one way.
I'm sure for certain he'll be stumping up the shortfall. Sleepless nights for sure not having someone to take it off his hands at what it's cost him whilst kicking hard to keep his head above water in the hope that he'll not lose everything. How many will take administration I wonder. That said, the S**t he gets from comments to newspapers etc is my opinion are bang out of order as he's always seems to me to have had SAFC at heart even if his hopes and dreams are way over his pay grades ability.

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Post  Steve30000 on 2020-10-05, 6:02 am

Black Cat Kiwi wrote:
cyprussyd wrote:
Black Cat Kiwi wrote:I wonder how long Donald can go on to stave off administration?
With no gates his cashflow will be severely dented and subsequently his ability to service fixed costs.
I suspect that's a question many are asking.
Kipper says he serves no useful purpose but maybe like Short before him he is paying the shortfall each week, I have a feeling he is.
Of course he is a very different situation to Short financially and cant go on paying forever.
Maybe that 10 million loan is whats propping us up and I'm sure we are in a far better position to other clubs but, like many, many businesses big outlay and no income can only end one way.
I'm sure for certain he'll be stumping up the shortfall. Sleepless nights for sure not having someone to take it off his hands at what it's cost him whilst kicking hard to keep his head above water in the hope that he'll not lose everything. How many will take administration I wonder. That said, the S**t he gets from comments to newspapers etc is my opinion are bang out of order as he's always seems to me to have had SAFC at heart even if his hopes and dreams are way over his pay grades ability.

He'll be desperate for us not to end up in administration, otherwise fpp get the club.
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Post  Kipper on 2020-10-05, 9:46 am

cyprussyd wrote:
Black Cat Kiwi wrote:I wonder how long Donald can go on to stave off administration?
With no gates his cashflow will be severely dented and subsequently his ability to service fixed costs.
I suspect that's a question many are asking.
Kipper says he serves no useful purpose but maybe like Short before him he is paying the shortfall each week, I have a feeling he is.
Of course he is a very different situation to Short financially and cant go on paying forever.
Maybe that 10 million loan is whats propping us up and I'm sure we are in a far better position to other clubs but, like many, many businesses big outlay and no income can only end one way.
It's the loan. He can't prop up Sunderland out of his own pocket. I suspect a sale will be very soon as SD will have to cut his losses.
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