| Marcus Evans ...... 07:48 - Jul 10 with 1851 views | muccletonjoe |
Yes, he had no idea how to run a football club, he didn't invest and oversaw the worst spell in the clubs recent history.
BUT, he did wipe out the clubs debts to make us an attractive investment.
The fact that investment is now going to be cashed in , makes me wonder who and when will our new owners emerge and how much they plan to make out of the club? |  | | |  |
| Marcus Evans ...... on 07:55 - Jul 10 with 1757 views | chantryblueboy |
It doesn’t matter who the new lot sell to, they will still have done a better job than Evans |  | | |
| Marcus Evans ...... on 07:56 - Jul 10 with 1724 views | Cheltenham_Blue |
The investment isn’t “going to be cashed in”
Lest we forget the day Marcus Evans received £50m for a club that was heading toward League 2, and who’s stadium and training ground had been run down by him to such an extent that it needed almost £50m further investment.
But let’s concentrate on the money the club ‘owed’ to its owner, a debt which for the first eight years he added interest to, even though the money was to support his own asset, and a business model of ‘repayable loans from owner’ to cover operating losses not utilised by even the likes of Vincent Tan. [Post edited 10 Jul 8:09]
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| Marcus Evans ...... on 08:15 - Jul 10 with 1601 views | muccletonjoe |
| Marcus Evans ...... on 07:55 - Jul 10 by chantryblueboy |
It doesn’t matter who the new lot sell to, they will still have done a better job than Evans |
That's the general view. Evans effectively gave the club £100m .Not as an investment to make a return,not to sell on at a profit, it was effectively a gift. Funny old game. | | | |
| Marcus Evans ...... on 08:22 - Jul 10 with 1550 views | Steve_M |
| Marcus Evans ...... on 07:56 - Jul 10 by Cheltenham_Blue |
The investment isn’t “going to be cashed in”
Lest we forget the day Marcus Evans received £50m for a club that was heading toward League 2, and who’s stadium and training ground had been run down by him to such an extent that it needed almost £50m further investment.
But let’s concentrate on the money the club ‘owed’ to its owner, a debt which for the first eight years he added interest to, even though the money was to support his own asset, and a business model of ‘repayable loans from owner’ to cover operating losses not utilised by even the likes of Vincent Tan. [Post edited 10 Jul 8:09]
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Quite. There was a real risk we were going to end up stuck in the third division with an occasional Championship season or two as the best we could hope for less than five years ago.
People claiming Evans was benign is up there with people thinking Paul Cook wasn't an utter failure here because we signed some good players he couldn't get anything out of. |  |
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| Marcus Evans ...... on 08:28 - Jul 10 with 1496 views | chantryblueboy |
| Marcus Evans ...... on 08:15 - Jul 10 by muccletonjoe |
That's the general view. Evans effectively gave the club £100m .Not as an investment to make a return,not to sell on at a profit, it was effectively a gift. Funny old game. |
I wish I was as ignorant as you, life must be so easy | | | |
| Marcus Evans ...... on 08:47 - Jul 10 with 1369 views | Churchman |
| Marcus Evans ...... on 08:22 - Jul 10 by Steve_M |
Quite. There was a real risk we were going to end up stuck in the third division with an occasional Championship season or two as the best we could hope for less than five years ago.
People claiming Evans was benign is up there with people thinking Paul Cook wasn't an utter failure here because we signed some good players he couldn't get anything out of. |
I disagree Steve. The club was heading for L2 within a couple of seasons and who knows where.
If you don’t invest in something it dies. Doesn’t matter if it’s a tomato plant, car, house, marriage, business, football club or country. Everything has a lifecycle and under Evans, failure to invest in anything meant only one outcome. And I don’t mean another great fire of Playford Road. So where you are right re Evans is that he was not benign at all.
I don’t know what Evans lost financially but I doubt it was that plain figures (£100m?) talked about if anything at all.
As for Cook, yes he could spot a player and is a terrific manager for a small club or one with a simple structure where he is allowed to throw his coffee cups around and nobody cares. He was a poor fit for this club and lost it very early. The moment he blew his stack after the Northampton and Wimbledon games and started ranting; setting up bomb squads etc, he was finished.
Collecting players like panini stickers and hoping they’d morph into a team while shovelling the discarded away without bothering to look and see whether they had anything to offer (Donacien, Jackson, Woolfenden) was not the smartest.
He had to go. I was patient with him at the time and thought he should be given until October then December to see where we were. I was wrong. The owners should have kicked him out the moment the CEO was in place or even the day they walked through the door. |  | | |
| Marcus Evans ...... on 08:50 - Jul 10 with 1337 views | muccletonjoe |
| Marcus Evans ...... on 08:28 - Jul 10 by chantryblueboy |
I wish I was as ignorant as you, life must be so easy |
Oh it is. Just look at the comments I get ! | | | |
| Marcus Evans ...... on 08:57 - Jul 10 with 1275 views | Zx1988 |
It's a valid point.
For all Evans' flaws (and there were many) it seems to be universally accepted that he did try and find the best buyer for the club, rather than just offloading it to the first bidder to meet his valuation.
That's my only concern with the current ownership - that they'll probably be far more money-focused when the time comes to sell. Hopefully the club's value, by that point, will price the Chansiris, Tans, and Dales of the world out of the market. | |
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| Marcus Evans ...... on 09:21 - Jul 10 with 1158 views | MattinLondon |
| Marcus Evans ...... on 08:57 - Jul 10 by Zx1988 |
It's a valid point.
For all Evans' flaws (and there were many) it seems to be universally accepted that he did try and find the best buyer for the club, rather than just offloading it to the first bidder to meet his valuation.
That's my only concern with the current ownership - that they'll probably be far more money-focused when the time comes to sell. Hopefully the club's value, by that point, will price the Chansiris, Tans, and Dales of the world out of the market. |
All this is my opinion.
ME brought us when the club was desperate for cash - he brought cheaply and thought that with some cash thrown at it, the club will be promoted and he’ll make a huge profit.
That never happened and so he invested the absolute minimum and hoped against hope that we’ll get promoted.
He sold us to our current owners because he knew that they weren’t a bunch of crooks and could get some money back. The money that he wasted was all his own doing through lack of investment and I have no sympathy. Luckily some good people came along at the right time that ME knew that he had to go.
The only credit I’ll give him is when we went top of the league at Christmas, he knew that would be our best chance of promotion. He offered cash to Mick but he in turn, bottled it as he knew he could blame the ‘no funds’ excuse and get a lot of sympathy.
Edit. He was a dreadful owner who very nearly ruined the then takeover bid. He deserves very little sympathy or credit. And, if he was still in charge, we would now be in L2. [Post edited 10 Jul 9:27]
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| Marcus Evans ...... on 09:28 - Jul 10 with 1096 views | chantryblueboy |
| Marcus Evans ...... on 08:57 - Jul 10 by Zx1988 |
It's a valid point.
For all Evans' flaws (and there were many) it seems to be universally accepted that he did try and find the best buyer for the club, rather than just offloading it to the first bidder to meet his valuation.
That's my only concern with the current ownership - that they'll probably be far more money-focused when the time comes to sell. Hopefully the club's value, by that point, will price the Chansiris, Tans, and Dales of the world out of the market. |
I don’t dispute that the way he sold the club was a good thing - unfortunately the only redeeming feature. We also shouldn’t forget that he held onto a stake, so the incentive was there for him to see the club in good hands, it’s not like he did it completely selflessly
He ran the club with complete incompetence, never had any football people around it - invest what you want with that structure and you’ll get nowhere, let alone on a shoestring budget | | | |
| Marcus Evans ...... on 09:34 - Jul 10 with 1041 views | ArnoldMoorhen |
| Marcus Evans ...... on 08:47 - Jul 10 by Churchman |
I disagree Steve. The club was heading for L2 within a couple of seasons and who knows where.
If you don’t invest in something it dies. Doesn’t matter if it’s a tomato plant, car, house, marriage, business, football club or country. Everything has a lifecycle and under Evans, failure to invest in anything meant only one outcome. And I don’t mean another great fire of Playford Road. So where you are right re Evans is that he was not benign at all.
I don’t know what Evans lost financially but I doubt it was that plain figures (£100m?) talked about if anything at all.
As for Cook, yes he could spot a player and is a terrific manager for a small club or one with a simple structure where he is allowed to throw his coffee cups around and nobody cares. He was a poor fit for this club and lost it very early. The moment he blew his stack after the Northampton and Wimbledon games and started ranting; setting up bomb squads etc, he was finished.
Collecting players like panini stickers and hoping they’d morph into a team while shovelling the discarded away without bothering to look and see whether they had anything to offer (Donacien, Jackson, Woolfenden) was not the smartest.
He had to go. I was patient with him at the time and thought he should be given until October then December to see where we were. I was wrong. The owners should have kicked him out the moment the CEO was in place or even the day they walked through the door. |
If I recall correctly, his Dad died during his relatively short period with us, so I am more charitable towards him than some as I think that may have had a bearing on how he coped with the biggest job of his life.
He failed here, but is a "proper football man" and I genuinely wish him the best for his future. | | | |
| Marcus Evans ...... on 09:38 - Jul 10 with 1007 views | PhilTWTD |
| Marcus Evans ...... on 07:56 - Jul 10 by Cheltenham_Blue |
The investment isn’t “going to be cashed in”
Lest we forget the day Marcus Evans received £50m for a club that was heading toward League 2, and who’s stadium and training ground had been run down by him to such an extent that it needed almost £50m further investment.
But let’s concentrate on the money the club ‘owed’ to its owner, a debt which for the first eight years he added interest to, even though the money was to support his own asset, and a business model of ‘repayable loans from owner’ to cover operating losses not utilised by even the likes of Vincent Tan. [Post edited 10 Jul 8:09]
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No idea about Vincent Tan at Cardiff, but investing money as loans is pretty standard throughout football. And the loans and and interest on them were never repaid, they were a large part of the £100m or so he wrote off at the time of the takeover.
Agree that the investment isn't being cashed in as such, they're just looking to widen the investor group, which is pretty standard stuff and will happen pretty regularly, although usually without someone sending out a sales email in not entirely accurate terms. |  | | |
| Marcus Evans ...... on 09:41 - Jul 10 with 958 views | TheBlueGnu |
YAWN | |
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| He was also the best Paul :) on 10:06 - Jul 10 with 871 views | Dyland |
| Marcus Evans ...... on 09:34 - Jul 10 by ArnoldMoorhen |
If I recall correctly, his Dad died during his relatively short period with us, so I am more charitable towards him than some as I think that may have had a bearing on how he coped with the biggest job of his life.
He failed here, but is a "proper football man" and I genuinely wish him the best for his future. |
I say best, maybe 'the least bad' would be more accurate.
Likewise Moorers. I don't think "yeh right" when talking about Cook, not in the same way as literally every other MEG manager bar pre-endgame McCarthy.
Aye, there are some black marks - how he went about the "demolition" and some odd player judgement e.g. - but as you say, he suddenly found himself in at the deep end with the new ownership and investment, and his dad dying probably affected his judgement too. |  |
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| Marcus Evans ...... on 10:21 - Jul 10 with 779 views | Westcountryblue |
They are not looking to cash in, but to raise fresh capital. Also, why sell now? We are promotion favourites and if they are to cash in, why not potentially do it 12 months from now as a newly promoted side...or worst case scenario, a club with another year of parachute payments remaining.
Even if they did sell the club, it might not be a bad thing !
New owners/investors might provide the next level of investment we need for making infrastructural improvements to our stadium and funding a squad capable of maintaining a position in the EPL.
Of course, there is always the risk of a Chansiri 2.0 though. [Post edited 10 Jul 10:23]
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| Marcus Evans ...... on 10:32 - Jul 10 with 708 views | itfcsuth |
Football wasn't his field, I would argue his biggest flaw was trusting the correct football men to run the operation, and ultimately had his fingers burnt time and time again, until he ultimately shut the wallet and wanted out.
It was ultimately a terrible period of ownership in Town's history, but as I said at the time, Evans wiping the debt in isolation can only be categorised as a really good thing for the club, almost a goodwill parting gesture. |  | | |
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