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New Trust statement on club finances

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Carton Lid
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« Reply #800 on: September 04, 2021, 17:50:12 pm »

Absolutely right it was raised by tcobb. It wasn’t a couple of days ago.  Post was dated 2nd Sept, so it was a couple of days ago



And look just how right he was. Rather than Trust and ex Trust members letting it go, they argue once again how they think the money that was given, should be retrieved. Again I repeat it was not mentioned by anyone with any connection to the Trust. Also there is no "how they think the money was given" What I've posted is 100% the truth and you DO know that don't you Nigel

Imagine how refreshing it would have been, to take the opportunity to just let it go. It had been let go
I would imagine that James Whilting, faced with trying to keep the club alive, and the stark reality of losing his staff, did say some things he felt necessary to keep his and their heads above water. I can’t imagine for one second that he thought in doing so, that he would find himself being quoted all these years later to bolster a pathetic and unnecessary argument 🙄🙄 He wouldn't have been had tcobb not bought up the subject

Like iI said. Any money that was donated for the club, should go to the club. Without any excuses. But the majority of the fans voted differently, it's called democracy

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« Reply #801 on: September 04, 2021, 18:01:22 pm »

See you replied to only the bits you wanted to Hammy

OK, lets try another one, we have had 7 managers in 6 years of KT's control,

1. Is that good for the club?
2. If not who is responsible?
3. How big a part of the club's debt of £7m approx is a result of employing and firing 5 of those managers?

Others please feel free to answer

Also waiting for the 3 reasons KT is good for our club
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Terryfenwickatemyhamster
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« Reply #802 on: September 04, 2021, 19:37:39 pm »

It’s not personal and it has nothing to do with any organisation. Money was donated for the club. By whatever design it is achieved, it should be used for the club.

The conversation with James Whiting should have remained confidential. It was held during an incredibly stressful time for him and the staff. As I said in the Trust meeting at the Guildhall many moons back.. If it worries anyone on the Trust board about the status of the money, have the balls to pursue it. I’m sure the Trust declared the transaction through the appropriate channels at the time, so if they want it back, go for it. If not, the term loan, should be graciously abandoned by all Trust Board members. Both current and very attached ex members 😜😜.

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« Reply #803 on: September 04, 2021, 20:39:06 pm »

Money was donated for the club. By whatever design it is achieved, it should be used for the club.

The conversation with James Whiting should have remained confidential. It was held during an incredibly stressful time for him and the staff.. If it worries anyone on the Trust board about the status of the money, have the balls to pursue it. I’m sure the Trust declared the transaction through the appropriate channels at the time, so if they want it back, go for it. If not, the term loan, should be graciously abandoned by all Trust Board members. Both current and very attached ex members 😜😜.
I fail to see which part of "This wasn't bought up by anyone remotely connected to the Trust" you can't understand ?? It was bought up by tcobb, which you haven't denied, so there's your answer
   And I'll repeat it again. the money was donated to the Trust, after KT's takeover the Trust asked the fans to vote about what to do with the remaining money and the answer of that vote was "Keep it for a rainy day" baring in mind we had had 2 "rainy days" in the previous 25 years. I'm sorry that the majority didn't vote the way YOU wanted but that's democracy for you. You can keep posting every few months, stirring the pot, but it won't change what was voted for by the majority of fans. So maybe it's your turn to let it go 
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« Reply #804 on: September 04, 2021, 20:47:26 pm »

Absolutely right it was raised by tcobb. It wasn’t a couple of days ago.

And look at what he wrote

“ Random   yes I did put money in the buckets last time, as the call was going out to raise money to give to the unpaid staff. Wish I hadn't, look at the way that money is now0 being used as a weapon against the Club. Never again will I donate money to anything fan led”.

And look just how right he was. Rather than Trust and ex Trust members letting it go, they argue once again how they think the money that was given, should be retrieved. Highlighting the desperation of those poor sods who needed the money. Quoting things they said at that terrible time, to publicly shame they.

Imagine how refreshing it would have been, to take the opportunity to just let it go. Rather than to “weaponise” that difficult time. This argument is nothing to do with KT. He wasn’t even at the club. And as far as I know, neither you or any ex/current board member, can even suggest he knew anything about the loan when it was handed over. I would imagine that James Whilting, faced with trying to keep the club alive, and the stark reality of losing his staff, did say some things he felt necessary to keep his and their heads above water. I can’t imagine for one second that he thought in doing so, that he would find himself being quoted all these years later to bolster a pathetic and unnecessary argument 🙄🙄

Like iI said. Any money that was donated for the club, should go to the club. Without any excuses. It should absolutely not benefit the owners, but should be handed over to benefit the club and its supporters. There is so many was in which that could be done. If people are aware of money that exists, that is being withheld from its intended destination, then I see them in a very precarious position when it comes to being pious.


You are obviously a very bitter man. What turned you so disagreeable towards the Trust.
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« Reply #805 on: September 04, 2021, 20:51:30 pm »

You are obviously a very bitter man. What turned you so disagreeable towards the Trust.

He's very bitter cos he couldn't reach the toys that got thrown out of his pram
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« Reply #806 on: September 04, 2021, 23:03:21 pm »

I fail to see which part of "This wasn't bought up by anyone remotely connected to the Trust" you can't understand ?? It was bought up by tcobb, which you haven't denied, so there's your answer
   And I'll repeat it again. the money was donated to the Trust, after KT's takeover the Trust asked the fans to vote about what to do with the remaining money and the answer of that vote was "Keep it for a rainy day" baring in mind we had had 2 "rainy days" in the previous 25 years. I'm sorry that the majority didn't vote the way YOU wanted but that's democracy for you. You can keep posting every few months, stirring the pot, but it won't change what was voted for by the majority of fans. So maybe it's your turn to let it go 

It wasn’t bought up by the Trust. But you kept to their defence nice again. Quoting a private conversation, from a guy who trusted you.

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« Reply #807 on: September 04, 2021, 23:10:08 pm »

You are obviously a very bitter man. What turned you so disagreeable towards the Trust.

If I’m bitter for confronting those that rejoice in every opportunity to tear the club apart… I’ll take that every day.  Grin Grin

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« Reply #808 on: September 04, 2021, 23:33:51 pm »

Tearing the club apart, ok, what about the owners who are letting the stadium fall apart

Thats where I don't mind being called bitter or having a hidden agenda

Once again, it is a shame that supporters can't pull together for the good of the club.

Perhaps the line is drawn on one side with supporters who want more from their club / owners and the other that are simply happy to support any owner as long as they have a club to support. They feel that any analysis of their owners is trying to tear the club apart.

STILL WAITING FOR 3 GOOD REASONS......... I will keep asking


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« Reply #809 on: September 05, 2021, 00:01:43 am »

A few personal observations.

When an organisation such as the Trust facilitate a “loan” such as they did in those circumstances it would be virtually impossible to dictate any outcome. Therefore to retrospectively apply any sort of caveat regarding the money is naive, it should never have been perceived as a loan it could only ever be a donation in those circumstances. Genuine question when the Trust raised money in the past has any money been paid back by any new owners or even asked for. If the answer is yes then the Trust are clearly acting on standard policy. If the answer is no then why make demands this time when previously it was not an considered an issue.

Presumably the staff ended up with the money, so if it was only ever a loan the Trust should perhaps ask them for it back as they were ultimately the beneficiaries. If it’s not political and only about the money then that’s probably the correct approach.

The current owners have absolutely no responsibility for the money paid by the Trust. However it was a commendable act of the Trust, fulfilling its duty and role as guardians of the club in times of crisis. Whilst there was no obligation on the part of the new owners to do so, it would have been the decent thing to do to pay the Trust back the money and it’s slightly disappointing they didn’t. I would suggest that if the owners eventually make some significant sums from their tenure, they could perhaps repay the money then, plus interest. They have often stated that they would like a legacy that showed they acted in the best interest of the club and supporters. At the end of the day it is not the Trusts money but the supporters, who dug deep out of love of the club when it needed them most. Therefore it would be nice if the money was returned to the Trust and by default the supporters for future use in the event there was some significant profit made from any ownership. To repeat there’s no obligation to do this obviously, but it would be a fine gesture and the right thing to do. At least that’s what I think.
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« Reply #810 on: September 05, 2021, 00:14:39 am »

Wasn't the loan repayment deferred by The Trust in order to assist/fund something for the benefit of the supporters? I'm not saying it was for it, but wasn't the fans 'village' mentioned?

Can someone confirm if this was the case?
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« Reply #811 on: September 05, 2021, 09:03:20 am »

Tearing the club apart, ok, what about the owners who are letting the stadium fall apart

Thats where I don't mind being called bitter or having a hidden agenda

Once again, it is a shame that supporters can't pull together for the good of the club.

Perhaps the line is drawn on one side with supporters who want more from their club / owners and the other that are simply happy to support any owner as long as they have a club to support. They feel that any analysis of their owners is trying to tear the club apart.

STILL WAITING FOR 3 GOOD REASONS......... I will keep asking




I’m never going to answer your foolish three good reasons. But I will address one point you make. Neither you, Roger, or in fact any of your like minded people have the ability to conceive another perspective. If I criticise the Trust, ipso facto, I am anti Trust. If I refuse to criticise KT on something, ipso facto, I am his greatest admirer. I have said over and over. Neither of them in my opinion care about the support. They have entered into what has effectively become a race to the bottom. Both parties show an astonishing degree of arrogance, all to the detriment of the club and its support. In all honesty, I would not have commented about the loan. But I found it so unfair that someone outs a private conversation, of a clearly desperate person, to score a point or to on a public forum. Then wonders why the staff at NTFC don’t care much for the Trust or it’s ex members. I'm bored of all of them, and there hangers on.
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« Reply #812 on: September 05, 2021, 10:59:50 am »

It wasn’t bought up by the Trust. But you kept to their defence nice again. Quoting a private conversation, from a guy who trusted you.
It's nice that you now admit that the subject of the loan wasn't bought up by anyone associated with the Trust, after you accused people of refusing to "Let it Go" Good to see you admit that it's another thing you've got wrong
Regarding the last part of your sentence, this has been extremely well documented over the years, there are no secrets. Isn't it a bit ironic that you are slagging me off for giving some details yet the Trust gets slagged off all the time, by certain posters on here, for being too secretive. Dammed in you do, dammed if you don't !
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« Reply #813 on: September 05, 2021, 11:21:16 am »

It's nice that you now admit that the subject of the loan wasn't bought up by anyone associated with the Trust, after you accused people of refusing to "Let it Go" Good to see you admit that it's another thing you've got wrong
Regarding the last part of your sentence, this has been extremely well documented over the years, there are no secrets. Isn't it a bit ironic that you are slagging me off for giving some details yet the Trust gets slagged off all the time, by certain posters on here, for being too secretive. Dammed in you do, dammed if you don't !
Could you please divulge further details regarding the end point of the monies given by the Trust to the club Carton. Could you name theose employees that James awarded the wonga to and on what basis did he divvy it up?
No, perhaps not, that really would give some people something to get arsey about.
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« Reply #814 on: September 05, 2021, 12:05:19 pm »

LOL Hammy, so it's foolish to think that a supporter of KT would not be willing to list 3 of his good points, interesting.

Sorry re the Trust loan to the club, that has been me putting that one out there. IMHO, it was a measure of the owners that they are not interested in the long standing supporters of the club they took over,  as was their insistence that there was no supporter representation on the board.(think we all know why now) The Trust did not make the loan public, I did. But if KT had done the decent thing and returned the money then we would never having been having this conversation. That should be the real focus.



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« Reply #815 on: September 05, 2021, 12:44:54 pm »

Carton you know exactly what I'm saying ,how many times have certain people referred to the money given to the Club as being a loan? That money was given by fans for the benefit of the staff, not too be used as a loan.
And here we have the usual root cause of the problem.

Once again someone fails to discern between 'the Trust' and 'certain people' (who aren't even board members) posting in their own capacity.

I doubt the £10k has been mentioned by either the Trust or football club in a good three years, because the matter was settled in both sets of accounts.

Two more pages of divisive nonsense due to you just making something up.
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« Reply #816 on: September 05, 2021, 13:43:07 pm »

And here we have the usual root cause of the problem.

Once again someone fails to discern between 'the Trust' and 'certain people' (who aren't even board members) posting in their own capacity.

I doubt the £10k has been mentioned by either the Trust or football club in a good three years, because the matter was settled in both sets of accounts.

Two more pages of divisive nonsense due to you just making something up.

You mind you don’t fall off that horse and land on that shiny sword  Grin Grin
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« Reply #817 on: September 05, 2021, 13:48:21 pm »

LOL Hammy, so it's foolish to think that a supporter of KT would not be willing to list 3 of his good points, interesting.

Sorry re the Trust loan to the club, that has been me putting that one out there. IMHO, it was a measure of the owners that they are not interested in the long standing supporters of the club they took over,  as was their insistence that there was no supporter representation on the board.(think we all know why now) The Trust did not make the loan public, I did. But if KT had done the decent thing and returned the money then we would never having been having this conversation. That should be the real focus.





I could list numerous positives about KT's time at the club. I could just as easily mention as many positives about the Trust. But where would the fun be in that? All those barrack room lawyers and chest puffers need a decent foil. After all. There’s a danger that someone might actually listen to them. What a mess we’d be in then…… BTW…. When’s that oil rising to the top? 😀😀😀 UTC
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« Reply #818 on: September 05, 2021, 18:30:50 pm »

Just to clarify a couple of points. I stated "certain people" had brought the subject of the loan in the past, because I didn't know if they were/are Trust members, that's the reason I used that term. I asked anybody to clarify if money was raised after "the Club asked for help" don't think any body has answered that query.  I was reasonably clear in my mind that I gave money after the Club had asked for help, I gave money on the understanding that it was to be given to the staff.
The subject has been raised in the past on this forum by a few people, myself included, I raised it again as a reason why I will not support any future fan based initiatives.
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« Reply #819 on: September 05, 2021, 19:03:00 pm »

Just to clarify a couple of points. I stated "certain people" had brought the subject of the loan in the past, because I didn't know if they were/are Trust members, that's the reason I used that term. I asked anybody to clarify if money was raised after "the Club asked for help" don't think any body has answered that query.  I was reasonably clear in my mind that I gave money after the Club had asked for help, I gave money on the understanding that it was to be given to the staff.
The subject has been raised in the past on this forum by a few people, myself included, I raised it again as a reason why I will not support any future fan based initiatives.

Shucks.
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