This may not be very popular 21:39 - Mar 3 with 7702 views | nodge_blue | But I thought that was a great email from Evans. He set out how he continues to financially prop up the club even through covid. He has appointed a new manager. He's doing stuff to the ground. And he won't sell us out to anybody for the sake of it. fair play to him. Yes he's failed on the pitch and that is huge. But with this manager in place hopefully we can success regardless of whether its Evans or this American consortium behind it. And lets not overlook that the consortium, whilst fresh and keen, would by the sounds of it be loading us up with debt that has to be paid back. So Im not disappointed or pleased if the take over happens. The important think was getting rid of Lambert. [Post edited 3 Mar 2021 21:39]
| |
| | |
This may not be very popular on 07:44 - Mar 4 with 1337 views | Simonds92 |
This may not be very popular on 22:36 - Mar 3 by Nthsuffolkblue | It's a terrible written lengthy bit of prose that does not paint him in a particularly good light. The edits are visible in my browser. A slightly darker font - the first one is on "ment" on the end of "assignment" at the beginning of the sixth line of the lengthy sentence that makes up the second paragraph. It comes across as the ramblings of a frustrated man. Hidden in it might be things he wants to communicate such as PL was wrong over investment in the squad and the training ground. Despite us falling out, we have decided to go with the official line that we have parted on good terms. There is justification that as a league 1 club we need to be run as a league 1 club. I would argue that some of the investment in player wages would have been far better spent running the club far more like a Championship club. Run it like a league 1 one and guess where it is likely to be. His phrase "fiddling while Rome burns" is a complete misquote. The fiddling is about playing music and ignoring reality not about tinkering with things that do need changing. If this is the way he communicates, it is little surprise there has been an issue. |
"There were some points raised by Paul that I will take on board and look at when the time is right but while it pains me to say it - and hopefully not for long - we are a League One club playing football in the middle of a pandemic and we have to operate accordingly. The time is not right to fiddle while Rome burns." Surely in this context the analogy is perfectly reasonable and makes sense? He cant ignore what's going on in the world right now and continue to fund and expand what is a hugely bloated and expensive first team. Suggests PL was after even more despite imo us having the best squad in the division. | | | |
This may not be very popular on 07:47 - Mar 4 with 1330 views | WeWereZombies |
This may not be very popular on 05:46 - Mar 4 by Ryorry | After carefully re-reading it in the cold light of early morning, I'd say that the second half of it referring to a potential takeover is just very carefully worded to cover all eventualities bearing in mind a NDA - e.g. "I have never looked to sell the Club. That is still the case." doesn't mean he's now changed his mind or doesn't want to sell - it's literally him saying he himself hasn't *actively* looked to sell - it still allows for the possibility that he's been approached by potential buyer/s who made the first move. Some of the rest of it has a 'fin de siecle' tone about it, including the "end of'" thing - almost as tho now he knows he's (probably) about to depart, he can afford to relax somewhat & relish having a bit of a tongue-in-cheek wind-up at us. Imho. |
But did he have to mention Lambert at all? I am thinking about this the morning after and wondering if the email was just the first presentation for the defence when the case for unfair dismissal goes to court... | |
| |
This may not be very popular on 07:47 - Mar 4 with 1330 views | footers |
This may not be very popular on 07:44 - Mar 4 by wkj | Perhaps we should start a thread with Phil's name in it asking him for the latest info. |
Good idea, me old fruit! Surely that will draw a line under this once and for all. OI! PHIL! | |
| |
This may not be very popular on 07:48 - Mar 4 with 1327 views | wkj |
This may not be very popular on 07:44 - Mar 4 by Simonds92 | "There were some points raised by Paul that I will take on board and look at when the time is right but while it pains me to say it - and hopefully not for long - we are a League One club playing football in the middle of a pandemic and we have to operate accordingly. The time is not right to fiddle while Rome burns." Surely in this context the analogy is perfectly reasonable and makes sense? He cant ignore what's going on in the world right now and continue to fund and expand what is a hugely bloated and expensive first team. Suggests PL was after even more despite imo us having the best squad in the division. |
What irritated me about that statement is there are almost another 100 teams going through the same pandemic as us, yet have not rewarded failure or been slow to change when the regime is not fit for purpose. He always does this too, as if ITFC are the only team going through struggles - Pandemic, FFP, this, that, etc etc [Post edited 4 Mar 2021 7:52]
| |
| |
This may not be very popular on 07:51 - Mar 4 with 1318 views | WeWereZombies |
This may not be very popular on 07:48 - Mar 4 by wkj | What irritated me about that statement is there are almost another 100 teams going through the same pandemic as us, yet have not rewarded failure or been slow to change when the regime is not fit for purpose. He always does this too, as if ITFC are the only team going through struggles - Pandemic, FFP, this, that, etc etc [Post edited 4 Mar 2021 7:52]
|
I think it is 72 EFL clubs and twenty Premiership clubs these days... | |
| |
This may not be very popular on 07:52 - Mar 4 with 1313 views | wkj |
This may not be very popular on 07:51 - Mar 4 by WeWereZombies | I think it is 72 EFL clubs and twenty Premiership clubs these days... |
I rounded up for effect ... | |
| |
This may not be very popular on 07:54 - Mar 4 with 1309 views | WeWereZombies |
This may not be very popular on 07:42 - Mar 4 by footers | Never thought I'd see 'end of' in an official ITFC statement. It read like one of those non-league chairman's drunken rants and was clearly written by more than one person. Anyway, we're at the last knockings now, so let's hope the deal is concluded soon and we can push on at last. |
He is trying to be matey, probably last mingled with football supporters fifteen years ago and thinks we still use terms like that. Sorted? | |
| |
This may not be very popular on 07:58 - Mar 4 with 1299 views | Metal_Hacker | Sorry but I couldn't think otherwise than the email/message being an absolute waste of a read as per usual marketing cr4p from our club Don't need to look any further than LON's statement ref a new manager the other day,then fast forward 24 hours - enough said It's all spin - the club think they're good at it but guess what...... | |
| | Login to get fewer ads
This may not be very popular on 08:00 - Mar 4 with 1294 views | footers |
This may not be very popular on 07:54 - Mar 4 by WeWereZombies | He is trying to be matey, probably last mingled with football supporters fifteen years ago and thinks we still use terms like that. Sorted? |
He could always make it up to us by getting a round in... | |
| |
This may not be very popular on 08:03 - Mar 4 with 1286 views | wkj |
This may not be very popular on 08:00 - Mar 4 by footers | He could always make it up to us by getting a round in... |
Case of wine from New Zealand and I'll be back on side. | |
| |
This may not be very popular on 08:09 - Mar 4 with 1282 views | DanTheMan |
This may not be very popular on 07:09 - Mar 4 by dissboy2 | is that still avalable to view somewhere? |
Well it took me a good twenty minutes but this is the one I remember. Well, I like him by textbackup 25 Apr 2018 12:30Like what he had to say, seems to know his stuff, and he hasn’t bullsht at all.
That’s all I, we, have wanted for years, there’s nothing there we didn’t know, but he’s spoken.
I’m back on board
UPPA FCKIN TOWEN
I've now read through that thread, it's pretty funny given what was to come. [Post edited 4 Mar 2021 8:15]
| |
| |
This may not be very popular on 08:14 - Mar 4 with 1258 views | tractorboy1978 |
This may not be very popular on 07:44 - Mar 4 by Simonds92 | "There were some points raised by Paul that I will take on board and look at when the time is right but while it pains me to say it - and hopefully not for long - we are a League One club playing football in the middle of a pandemic and we have to operate accordingly. The time is not right to fiddle while Rome burns." Surely in this context the analogy is perfectly reasonable and makes sense? He cant ignore what's going on in the world right now and continue to fund and expand what is a hugely bloated and expensive first team. Suggests PL was after even more despite imo us having the best squad in the division. |
You could argue now is the perfect time to be 'fiddling' as he puts it. Events over the past 12 months have been terrible for all clubs and it'll be those that adapt (fiddle) and are innovative and forward thinking that will come out of this best and on the front foot. That's never been us under Evans. | | | |
This may not be very popular on 08:16 - Mar 4 with 1249 views | portmanking | Fair play to him? For what? Presiding over our darkest decade and our lowest ebb? Creating a damaging disconnect between club and community that could see the club lose a generation of fans? Being an aloof custodian resulting in a wasteful scattergun approach? For telling our own fans we should be 'careful what we wished for' when football is all about dreaming big? No, sorry. I'm not having it. Do one Evans and let us begin a new chapter, good and proper. [Post edited 4 Mar 2021 8:22]
| | | |
This may not be very popular on 08:22 - Mar 4 with 1229 views | BlueBadger | It's no wonder really that people ended up eating out of Lambert's hand for so long, given how easy large sections of the fanbase continue to fall for guff like this. | |
| |
This may not be very popular on 08:39 - Mar 4 with 1207 views | Steve_M |
This may not be very popular on 08:09 - Mar 4 by DanTheMan | Well it took me a good twenty minutes but this is the one I remember. Well, I like him by textbackup 25 Apr 2018 12:30Like what he had to say, seems to know his stuff, and he hasn’t bullsht at all.
That’s all I, we, have wanted for years, there’s nothing there we didn’t know, but he’s spoken.
I’m back on board
UPPA FCKIN TOWEN
I've now read through that thread, it's pretty funny given what was to come. [Post edited 4 Mar 2021 8:15]
|
It was quite strange how well received that was and similarly this current statement is rather disingenuous , not least in it's reference to the other shareholders whom Evans has ignored for 13 years. It's a clear holding statement, maybe with the intent of flushing out alternate bids but not much more than that. Fans really should consider Me's success or failure in wider terms than just how well the current first team manager is doing, and the same will go for any new owners. | |
| |
This may not be very popular on 08:42 - Mar 4 with 1197 views | Mullet |
This may not be very popular on 08:39 - Mar 4 by Steve_M | It was quite strange how well received that was and similarly this current statement is rather disingenuous , not least in it's reference to the other shareholders whom Evans has ignored for 13 years. It's a clear holding statement, maybe with the intent of flushing out alternate bids but not much more than that. Fans really should consider Me's success or failure in wider terms than just how well the current first team manager is doing, and the same will go for any new owners. |
Was weird at the time, but looking back now.... Jeebus. | |
| |
This may not be very popular on 08:47 - Mar 4 with 1179 views | FrankfurtBlue | Wow! Is it that easy to fool you? Really? One of my favourite news presenters in the USA said of Trump years ago "Look at what he does, not at what he says." We got relegated in 2018-19. How much cash do you think he put into ITFC that season? Was it the much vaunted £6m? Nope, it was in fact, £585,000. In fact, in the last 5 financial years, covering the seasons 2014-2019, he loaned ITFC £10m, i.e. an average of £2m per season. Not a sum to be sniffed at, but far short of what almost every Ipswich fan believes. However, it is the use of that money that gets me. Sure, it is his money, his club....he can do what he wants, but he does not use the money wisely, and as a result, we are in the mess that we find ourselves, struggling to get out of League One. To give you a few examples of how he has used money unwisely: 5 year contract; letting numerous players walk for nothing; or not cashing in at the right moment because an effective system is not in place to research and quickly sign replacements; never employing an experienced CEO, let alone a CEO with relevant football experience; allowing Hurst to rip the heart out of the side, which would never happen if he had a modern football structure in place. Let's hope that Paul Cook can work some miracles, eh? | | | |
Phil, can we have some clarity on the sums ME has put in? on 08:55 - Mar 4 with 1159 views | HighgateBlue |
This may not be very popular on 08:47 - Mar 4 by FrankfurtBlue | Wow! Is it that easy to fool you? Really? One of my favourite news presenters in the USA said of Trump years ago "Look at what he does, not at what he says." We got relegated in 2018-19. How much cash do you think he put into ITFC that season? Was it the much vaunted £6m? Nope, it was in fact, £585,000. In fact, in the last 5 financial years, covering the seasons 2014-2019, he loaned ITFC £10m, i.e. an average of £2m per season. Not a sum to be sniffed at, but far short of what almost every Ipswich fan believes. However, it is the use of that money that gets me. Sure, it is his money, his club....he can do what he wants, but he does not use the money wisely, and as a result, we are in the mess that we find ourselves, struggling to get out of League One. To give you a few examples of how he has used money unwisely: 5 year contract; letting numerous players walk for nothing; or not cashing in at the right moment because an effective system is not in place to research and quickly sign replacements; never employing an experienced CEO, let alone a CEO with relevant football experience; allowing Hurst to rip the heart out of the side, which would never happen if he had a modern football structure in place. Let's hope that Paul Cook can work some miracles, eh? |
People are entitled to their own opinions, but they're not entitled to their own facts. Town fans are entitled to be pro-Evans or anti-Evans, and it seems to me that a major factor in forming that opinion is whether he has put millions into the Club in order to keep it afloat. When a genuine fan is basically called a fool (or at least that he/she has been "fooled"), based on assertions that ME only put in 10% of the £6m figure that I for one understood he had been putting in each year, it seems to me that some sort of objective truth needs to be asserted. Does ME put in (circa) £6m each year, including the 2018-19 period referred to or not? I'm just seeking to establish facts. If the figure is £585,000, then we'll know. But if Evans' financial input is being discredited just because his managerial appointments have largely been flops, then that's not something that the board should allow to go unchecked. Further, ME said in his statement that in the last year he could not have put another penny into the squad under current rules. I haven't seen any refutation of this. But if it's true, surely the man deserves credit for putting in as much as he lawfully could at this terrible time for football finances and the wider economy that funds football. Cheers, and COYB. | | | |
This may not be very popular on 08:59 - Mar 4 with 1147 views | Churchman |
This may not be very popular on 08:16 - Mar 4 by portmanking | Fair play to him? For what? Presiding over our darkest decade and our lowest ebb? Creating a damaging disconnect between club and community that could see the club lose a generation of fans? Being an aloof custodian resulting in a wasteful scattergun approach? For telling our own fans we should be 'careful what we wished for' when football is all about dreaming big? No, sorry. I'm not having it. Do one Evans and let us begin a new chapter, good and proper. [Post edited 4 Mar 2021 8:22]
|
Agree with that. It’s the reason I want to see the back of him and won’t spend money on the portfolio till he goes. The thing is that whatever words he uses, actions speak louder and he has a track record of those now. Cook is going to have to do his job hamstrung. He will never have quite enough, because mediocrity is fine. It happened that way with McCarthy. | | | |
Phil, can we have some clarity on the sums ME has put in? on 09:12 - Mar 4 with 1130 views | WeWereZombies |
Phil, can we have some clarity on the sums ME has put in? on 08:55 - Mar 4 by HighgateBlue | People are entitled to their own opinions, but they're not entitled to their own facts. Town fans are entitled to be pro-Evans or anti-Evans, and it seems to me that a major factor in forming that opinion is whether he has put millions into the Club in order to keep it afloat. When a genuine fan is basically called a fool (or at least that he/she has been "fooled"), based on assertions that ME only put in 10% of the £6m figure that I for one understood he had been putting in each year, it seems to me that some sort of objective truth needs to be asserted. Does ME put in (circa) £6m each year, including the 2018-19 period referred to or not? I'm just seeking to establish facts. If the figure is £585,000, then we'll know. But if Evans' financial input is being discredited just because his managerial appointments have largely been flops, then that's not something that the board should allow to go unchecked. Further, ME said in his statement that in the last year he could not have put another penny into the squad under current rules. I haven't seen any refutation of this. But if it's true, surely the man deserves credit for putting in as much as he lawfully could at this terrible time for football finances and the wider economy that funds football. Cheers, and COYB. |
No one outside of the Marcus Evans Group, and probably very few inside it, will have a clear idea of the funds that come Ipswich Town's way each year. For sure the accounts of the club will show a sum but there will be hidden costs and hidden revenues that are either difficult to quantify at balance sheet date or for an accounting period, others will be contingent upon future events (i.e. being able to recover a debt or to service that debt at a lower cost either through internal lending within the group or waiving the interest that should accrue on a permanent or temporary basis), and if there is a way of not declaring a cost or revenue under current accounting guidelines I would imagine the instruction would be to keep mum about it. | |
| |
Phil, can we have some clarity on the sums ME has put in? on 09:17 - Mar 4 with 1121 views | FrankfurtBlue |
Phil, can we have some clarity on the sums ME has put in? on 08:55 - Mar 4 by HighgateBlue | People are entitled to their own opinions, but they're not entitled to their own facts. Town fans are entitled to be pro-Evans or anti-Evans, and it seems to me that a major factor in forming that opinion is whether he has put millions into the Club in order to keep it afloat. When a genuine fan is basically called a fool (or at least that he/she has been "fooled"), based on assertions that ME only put in 10% of the £6m figure that I for one understood he had been putting in each year, it seems to me that some sort of objective truth needs to be asserted. Does ME put in (circa) £6m each year, including the 2018-19 period referred to or not? I'm just seeking to establish facts. If the figure is £585,000, then we'll know. But if Evans' financial input is being discredited just because his managerial appointments have largely been flops, then that's not something that the board should allow to go unchecked. Further, ME said in his statement that in the last year he could not have put another penny into the squad under current rules. I haven't seen any refutation of this. But if it's true, surely the man deserves credit for putting in as much as he lawfully could at this terrible time for football finances and the wider economy that funds football. Cheers, and COYB. |
Don't believe it because I write it. Check it out for yourself. The Companies House website could be helpful in that: https://find-and-update.company-information.service.gov.uk/company/00315421/fili Being fooled by something is not the same as being a fool, so please don't twist my words. | | | |
This may not be very popular on 09:19 - Mar 4 with 1113 views | chicoazul | And yet still some people fall for it every time. | |
| |
This may not be very popular on 09:47 - Mar 4 with 1080 views | Steve_M |
This may not be very popular on 09:19 - Mar 4 by chicoazul | And yet still some people fall for it every time. |
See also "Boris is doing the best he can." | |
| |
This may not be very popular on 09:48 - Mar 4 with 1080 views | chicoazul |
This may not be very popular on 09:47 - Mar 4 by Steve_M | See also "Boris is doing the best he can." |
It’s a very difficult situation!!1!1!11 | |
| |
Phil, can we have some clarity on the sums ME has put in? on 09:51 - Mar 4 with 1072 views | FrankfurtBlue |
Phil, can we have some clarity on the sums ME has put in? on 09:12 - Mar 4 by WeWereZombies | No one outside of the Marcus Evans Group, and probably very few inside it, will have a clear idea of the funds that come Ipswich Town's way each year. For sure the accounts of the club will show a sum but there will be hidden costs and hidden revenues that are either difficult to quantify at balance sheet date or for an accounting period, others will be contingent upon future events (i.e. being able to recover a debt or to service that debt at a lower cost either through internal lending within the group or waiving the interest that should accrue on a permanent or temporary basis), and if there is a way of not declaring a cost or revenue under current accounting guidelines I would imagine the instruction would be to keep mum about it. |
What they are legally capable of manipulating will be limited. The order of the loans declared in the cashflow statements will not be greatly different from what actually happened. | | | |
| |