| Youth Academy Sponsorship 09:10 - Aug 14 with 1562 views | Keno |
Any other “former” youth academy sponsors on here?
Having done that for about 15 years, from back when town needed all the friends they could find I was a little surprised and somewhat saddened to find out that my money is no longer needed for the academy
Anyone else had the same and how do you feel?
I replied to the town about remembering your friends on the way up ……. |  |
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| Youth Academy Sponsorship on 09:15 - Aug 14 with 1508 views | Vic |
You mean they actually asked you to stop giving money to them? I'm sure they have a different model of funding now, but I struggle to believe they wouldn't want individuals to contribute if they want to. is there a share or two you can buy? |  |
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| Youth Academy Sponsorship on 09:20 - Aug 14 with 1476 views | Battersea_Blue |
Yes.
As well as pumping money in twice for both shareholdings I also sponsored an academy player for many years, including Flynn Downes for a couple of seasons.
I guess it’s called the price of success, ie the people who were important when the club was in the mire are no longer important.
I’ve seen this with other friends too in different ways.
It’s really sad. While I’m still blue and white to the core my feelings towards the club has been tarnished, that letter to the shareholders about the non-dividend sealed it. Not because of money, it was never in my thoughts to make money, I was helping my club. That letter showed no respect for what myself and a few others did.
It doesn’t feel like my club any more, but the manager and players have my full support because it’s not their fault. |  | | |
| Youth Academy Sponsorship on 09:24 - Aug 14 with 1445 views | FrimleyBlue |
Don't really understand why they don't want any funds, I get they have plenty of their own now, but surely any little helps? |  |
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| Youth Academy Sponsorship on 09:36 - Aug 14 with 1417 views | trncbluearmy |
| Youth Academy Sponsorship on 09:20 - Aug 14 by Battersea_Blue |
Yes.
As well as pumping money in twice for both shareholdings I also sponsored an academy player for many years, including Flynn Downes for a couple of seasons.
I guess it’s called the price of success, ie the people who were important when the club was in the mire are no longer important.
I’ve seen this with other friends too in different ways.
It’s really sad. While I’m still blue and white to the core my feelings towards the club has been tarnished, that letter to the shareholders about the non-dividend sealed it. Not because of money, it was never in my thoughts to make money, I was helping my club. That letter showed no respect for what myself and a few others did.
It doesn’t feel like my club any more, but the manager and players have my full support because it’s not their fault. |
Been one or two signs that the Ipswich way is not their way
Contacted the club about the dividend situation like you it still irks.
Passed on to one of the long term directors who contacted me.
Had a lovely chat about all things Ipswich but bottom line dividend "scam" was at the insistence of the new investors,don't like them already.
But eveything is now geared to the masses,the fans who helped out when the going was tough have been forgotten.
Still we are Premier League and all that means
COYB [Post edited 14 Aug 9:37]
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| Youth Academy Sponsorship on 09:37 - Aug 14 with 1404 views | NeedhamChris |
| Youth Academy Sponsorship on 09:36 - Aug 14 by trncbluearmy |
Been one or two signs that the Ipswich way is not their way
Contacted the club about the dividend situation like you it still irks.
Passed on to one of the long term directors who contacted me.
Had a lovely chat about all things Ipswich but bottom line dividend "scam" was at the insistence of the new investors,don't like them already.
But eveything is now geared to the masses,the fans who helped out when the going was tough have been forgotten.
Still we are Premier League and all that means
COYB [Post edited 14 Aug 9:37]
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Sorry to be out of the know but for those of us not aware, what is this dividend 'scam'? | |
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| Youth Academy Sponsorship on 09:41 - Aug 14 with 1353 views | trncbluearmy |
| Youth Academy Sponsorship on 09:37 - Aug 14 by NeedhamChris |
Sorry to be out of the know but for those of us not aware, what is this dividend 'scam'? |
The removal without consultation or vote of any possibility of a dividend advised by badly worded communication, perhaps not a scam as such but it sure feels like it. | | | |
| Youth Academy Sponsorship on 09:48 - Aug 14 with 1308 views | Guthrum |
| Youth Academy Sponsorship on 09:37 - Aug 14 by NeedhamChris |
Sorry to be out of the know but for those of us not aware, what is this dividend 'scam'? |
Long-held shares from a time the club was in crisis, which were very unlikely to ever receive a dividend, have been formally downgraded to the back of the queue for receiving a dividend, should we happen to make a profit and decide to issue one. People are annoyed that a thing they were unlikely ever to receive has been taken away.
But it's really more the public slap in the face to those who came to the club's rescue when it desperately needed them. And not a particularly necessary one, given the sums involved (altho it would all potentially erode the return on their investment). |  |
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| Youth Academy Sponsorship on 09:54 - Aug 14 with 1259 views | trncbluearmy |
| Youth Academy Sponsorship on 09:48 - Aug 14 by Guthrum |
Long-held shares from a time the club was in crisis, which were very unlikely to ever receive a dividend, have been formally downgraded to the back of the queue for receiving a dividend, should we happen to make a profit and decide to issue one. People are annoyed that a thing they were unlikely ever to receive has been taken away.
But it's really more the public slap in the face to those who came to the club's rescue when it desperately needed them. And not a particularly necessary one, given the sums involved (altho it would all potentially erode the return on their investment). |
No people are annoyed about the way it was done.
No one expected any return when we donated,but the fact remains these shares did qualify for a dividend, it was removed in a way that pixxed a lot of people of. | | | |
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| Youth Academy Sponsorship on 10:04 - Aug 14 with 1214 views | carlisleaway |
| Youth Academy Sponsorship on 09:24 - Aug 14 by FrimleyBlue |
Don't really understand why they don't want any funds, I get they have plenty of their own now, but surely any little helps? |
When I had my own company used to sponsor Logan from Bury St Edmunds |  | | |
| Youth Academy Sponsorship on 10:06 - Aug 14 with 1209 views | Vic |
| Youth Academy Sponsorship on 09:20 - Aug 14 by Battersea_Blue |
Yes.
As well as pumping money in twice for both shareholdings I also sponsored an academy player for many years, including Flynn Downes for a couple of seasons.
I guess it’s called the price of success, ie the people who were important when the club was in the mire are no longer important.
I’ve seen this with other friends too in different ways.
It’s really sad. While I’m still blue and white to the core my feelings towards the club has been tarnished, that letter to the shareholders about the non-dividend sealed it. Not because of money, it was never in my thoughts to make money, I was helping my club. That letter showed no respect for what myself and a few others did.
It doesn’t feel like my club any more, but the manager and players have my full support because it’s not their fault. |
Franchise FC it is then!
It's a little sad that comms from the club are appearing to share a consistently sub par form. Not great is it. Elephant will have a field day if/when he comes onto this thread as it feels that whilst we are all pumped by the team the appreciation of long term donors and contributors seems to be diminishing. Sad, but in a way inevitable I guess. | |
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| Youth Academy Sponsorship on 10:10 - Aug 14 with 1164 views | Guthrum |
| Youth Academy Sponsorship on 09:54 - Aug 14 by trncbluearmy |
No people are annoyed about the way it was done.
No one expected any return when we donated,but the fact remains these shares did qualify for a dividend, it was removed in a way that pixxed a lot of people of. |
That was pretty much what my second paragraph was about. It's not the practical denial, so much as how it was done* and the fact they decided to do something relatively petty like that.
* Tho trying to keep it secret wouldn't have worked either. | |
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| Youth Academy Sponsorship on 10:21 - Aug 14 with 1121 views | PrideOfTheEast |
Difficult to find fault with much of what they’ve done but the communication has been terrible across the board. People that have supported, sponsored the club in some very difficult times just needed a clear message from the outset. Predictable but disappointing nonetheless. Same thing happened last time we went up incidentally. | | | |
| Youth Academy Sponsorship on 13:05 - Aug 14 with 826 views | crouchendyachtclub |
| Youth Academy Sponsorship on 09:15 - Aug 14 by Vic |
You mean they actually asked you to stop giving money to them? I'm sure they have a different model of funding now, but I struggle to believe they wouldn't want individuals to contribute if they want to. is there a share or two you can buy? |
From a business standpoint I can see why they wouldn't want it if no longer needed.
It's just a faff to administer and from a materiality perspective probably requires more effort than it was deemed worth for what probably represents a rounding error in the books at this point.
The gripe about the shareholding is probably more understandable but I'd imagine that it was someone on the finance side formalising what they saw as always the arrangement and tidying up the financial statements without really considering the optics. | | | |
| Youth Academy Sponsorship on 13:06 - Aug 14 with 823 views | portmanroadblue |
I used to donate to the blues foundation monthly lottery, had an email and £29 refund saying it was being run differently, but no link or nothing to re-invest. |  | | |
| Youth Academy Sponsorship on 17:09 - Aug 14 with 609 views | Keno |
Basically they have something who I think will be a 'named' academy sponsor
I have donated to the Foundation and the Women's team but the Academy just felt a bit different. | |
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