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Post by sevcik on Nov 11, 2016 16:13:03 GMT
Talk is they are in serious financial trouble and as such are at very least going to be releasing players very soon or perhaps at worst could end up ceasing to be by next weekend Sad news when any club ends up in this position.... normally as result of the owner/s in one or another. If this is the case we should be on the phone to Jonathan Weaver in double quick time to ask him to come back for one final hurrah in the Elite league (thats assuming he'd want to). Nothing ventured nothing gained.... Even though they are in a different league I hope they pull through
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Discoray
Robert Lachowicz
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Post by Discoray on Nov 11, 2016 16:43:23 GMT
When a club spends over a 4 figure sum a week on Matty Davies (no disrespect to him) then any sort of financial prudence has long went down the toilet.
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Post by wgray on Nov 11, 2016 17:13:20 GMT
I thought they'd got a mega rich owner?
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iginla
Chick Zamick
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Post by iginla on Nov 11, 2016 17:17:43 GMT
I thought they'd got a mega rich owner? They did,but he spent it all on players !
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Post by wgray on Nov 11, 2016 17:21:13 GMT
I thought they'd got a mega rich owner? They did,but he spent it all on players ! he wasted all of his money on Telford Tigers? Silly man
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Discoray
Robert Lachowicz
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Post by Discoray on Nov 11, 2016 17:26:56 GMT
I thought they'd got a mega rich owner? They did,but he spent it all on players ! Incorrect, he handed over control to a new regime in the summer. (And still injected £200k into their bank account as a final gift, guess they were betting he'd bail them out if they overshot.)
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Post by wgray on Nov 11, 2016 17:32:07 GMT
They did,but he spent it all on players ! Incorrect, he handed over control to a new regime in the summer. (And still injected £200k into their bank account as a final gift, guess they were betting he'd bail them out if they overshot.) the truth prevails
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Yotes
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Post by Yotes on Nov 11, 2016 17:54:16 GMT
Did he really give them the 200k? Seems unlikely they'd be in financial trouble in November if they'd started with that nest egg.
Haven't all of the Red Hockey teams had a bad run of it?
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Post by The Flying Shirt on Nov 11, 2016 19:18:46 GMT
Did he really give them the 200k? Seems unlikely they'd be in financial trouble in November if they'd started with that nest egg. Haven't all of the Red Hockey teams had a bad run of it? £200k = written off debt
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Deleted
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Post by Deleted on Nov 12, 2016 9:42:22 GMT
Bring back weaver!
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Post by sevcik on Nov 12, 2016 9:58:58 GMT
Telford players are by all accounts already talking to other clubs already. Hopefully as I said in my 1st post we are already in contact with Weaver. Then again in the Elite league the easiest place for him to go (if they can afford and want him) is Coventry as he still lives there. Would have him back here in a heartbeat. Even at his age he is an upgrade on Stwven Lee....
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Deleted
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Post by Deleted on Nov 12, 2016 10:17:26 GMT
Even now Weaves would be the best brit d man. He may have slowed down but his hockey brain is still in tact.
You would think Blaze have about spent up bringing Davies back
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Post by sevcik on Nov 12, 2016 12:23:09 GMT
Sam Oakford probably doesnt regret dropping down to the EPL but its looking like Telford wasnt the wisest of choices. Still hindsight is a wonderful thing....
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Discoray
Robert Lachowicz
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Post by Discoray on Nov 12, 2016 13:45:44 GMT
Did he really give them the 200k? Seems unlikely they'd be in financial trouble in November if they'd started with that nest egg. Haven't all of the Red Hockey teams had a bad run of it? From speaking to Wayne last weekend, the new owners signed up Matty Davies to an £800 p/w contract, then factoring in a car, expenses and accommodation that's another £600 p/w on top of that. So yes, £1,400 a week for Matty Davies. No disrespect to him as he's perfectly entitled to take what's on offer, but he's not worth even half that. Everyone here knows what kind of top player you'd able to bring in to this league on that kind of spend, let alone the EPL. He also stated a lot of players were getting the same sort of money spent on them for cars & houses by the new owners, and as such all the money from that final pot of cash is pretty much gone. That's with Wayne agreeing in the sale to continue paying the Coach, GM & Academy Head out of his own pocket. He's bailed them out once this season for the entire payroll, he's not doing it anymore as the guy he sold to showed him proof of wealth in mutuple bank account statements as proof he could invest if needed. So that new owner is either unwilling to spend that cash at any cost, or didn't really have it. As I've been saying everywhere else, the EIHA has brought this (and many past incidents like this) on themselves, they don't do anything to tackle or even punish any dodgy owners or illicit financial behaviour, hence the shysters keep on coming in to chance their arm. Safe in the knowledge nothing will happen to them before, during or after their tenure of destruction. The fans and other people will be left to pick up the pieces. (Assuming any are left behind to pick up!)
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Post by The Flying Shirt on Nov 12, 2016 13:55:13 GMT
Milton Keynes saw the writing on the wall I think.
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Yotes
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Post by Yotes on Nov 12, 2016 14:15:01 GMT
Did he really give them the 200k? Seems unlikely they'd be in financial trouble in November if they'd started with that nest egg. Haven't all of the Red Hockey teams had a bad run of it? From speaking to Wayne last weekend, the new owners signed up Matty Davies to an £800 p/w contract, then factoring in a car, expenses and accommodation that's another £600 p/w on top of that. So yes, £1,400 a week for Matty Davies. No disrespect to him as he's perfectly entitled to take what's on offer, but he's not worth even half that. Everyone here knows what kind of top player you'd able to bring in to this league on that kind of spend, let alone the EPL. He also stated a lot of players were getting the same sort of money spent on them for cars & houses by the new owners, and as such all the money from that final pot of cash is pretty much gone. That's with Wayne agreeing in the sale to continue paying the Coach, GM & Academy Head out of his own pocket. He's bailed them out once this season for the entire payroll, he's not doing it anymore as the guy he sold to showed him proof of wealth in mutuple bank account statements as proof he could invest if needed. So that new owner is either unwilling to spend that cash at any cost, or didn't really have it. As I've been saying everywhere else, the EIHA has brought this (and many past incidents like this) on themselves, they don't do anything to tackle or even punish any dodgy owners or illicit financial behaviour, hence the shysters keep on coming in to chance their arm. Safe in the knowledge nothing will happen to them before, during or after their tenure of destruction. The fans and other people will be left to pick up the pieces. (Assuming any are left behind to pick up!) Why did he get rid of Telford in the first place?
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Discoray
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Post by Discoray on Nov 12, 2016 14:48:02 GMT
Why did he get rid of Telford in the first place? Tired of the weekly battles with the EIHA & the other EPL owners in trying to get anything done that would improve the league. For example, he had a deal with a major airline ready to go that would have enabled all teams to bring in their imports and get them back home for free. Voted down because the clubs wouldn't get the actual cash for those flights handed to them to spend. Had another deal with with equipment suppliers in the USA to supply all sticks and other equipment to the league for a bulk discount, again voted down for similar reasons. A ref's course in the summer for 2 weeks was available in Sweden, the course was £200 per position. Despite him offering to fly and put up all the refs, that £200 per official for the course itself was voted down by majority of other clubs as "too expensive". I believe that was the last straw that broke his back with it all, and he handed away the club after that. You get the picture from there on out. The phone calls from other owners effing and blaring at him probably didn't help either.
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Yotes
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Post by Yotes on Nov 12, 2016 15:16:17 GMT
So perhaps not just the EIHA who should've done their due diligence better?
I have no idea of the ins and outs, and Scholes may be as blameless as you're suggesting Ray, but from the outside I believe he's invested in Telford, Manchester and Bracknell and all 3 are in, or have been in, a hole since that. At the very least is it fair to say his investment, while well intentioned, wasn't perhaps wise?
Guildford seem to be too big a fish for their pond now, I believe their owners don't get on with Blacky, but a possible Elite League side if the EPL is ailing and hatchets can be buried?
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Discoray
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Post by Discoray on Nov 12, 2016 15:59:26 GMT
So perhaps not just the EIHA who should've done their due diligence better? I have no idea of the ins and outs, and Scholes may be as blameless as you're suggesting Ray, but from the outside I believe he's invested in Telford, Manchester and Bracknell and all 3 are in, or have been in, a hole since that. At the very least is it fair to say his investment, while well intentioned, wasn't perhaps wise? Guildford seem to be too big a fish for their pond now, I believe their owners don't get on with Blacky, but a possible Elite League side if the EPL is ailing and hatchets can be buried? That's part of it yes, the EIHA do need to be doing due diligence but given who's already there, and also it's chairman spending more than half the year in Colorado, what can you do? He said as recently as March of this year in this article that one, he didn't see any EPL team leaving for the Elite League, and two that the future of the EPL was "bright". Only shows how out of touch of all the situations he is, and it's in a very literal sense. In regards to Bracknell and Manchester, it was a case of in for a penny and out for a pound. He told me he paid the debts of Bracknell off, and then later they got in touch with him to say they "found more" and asked for more money. That's why pulled the plug on that venture, as he felt with him there they were just going to keep turning to him to bail them out of trouble, as opposed to doing the hard work required to both sticking to a budget, and doing what's required to try and bring more money in the old fashioned way. For Manchester, even Neil Morris himself openly stated more than once if not for his money, Manchester would have folded at the start of last season, let alone still be here now. Again he left it for the same reason, he paid off the debt figure they said they had, then "more" appeared. If Scholes made any sort of mistake, it was being naive going into these sort of agreements believing he was dealing with honest people, instead they ripped the micky out of him over doing the hard work to try & turn things around. Guildford is a tricky one, as they are underwritten by Mr Hepburn with a very considerable sum. So they are in theory a ticking financial time bomb, the type of club the Elite League doesn’t want to see anymore. If things do go belly up in the EPL, then I hope the EIHL do checks to make sure any potential new teams would cut their cloth accordingly. We need wealthy owners to invest in all the things around the ice, not so much the wages of the players that play on it. Players will always come and go year in and year out, we need more junior programs, rinks that are either modern or at least refurbished, and all the other sort of things that will bring benefits for the long term. Denmark is a great example of what you can do, a league with no import limit yet the teams don’t go nuts, lots of domestically trained players in it and their national sides have been in the Elite tiers for over 10 years, and they have players in the NHL and the other top leagues in the world. If they can do it, so can we but not till there's a big clean up made.
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Post by humbucker on Nov 15, 2016 20:09:57 GMT
Telford Tigers are now in the hands of Robson Scott Associates and the company behind the Tigers are heading towards voluntary receivership with debts in the region of £500,000. There are some interested parties looking at the club so all may not be lost but this is a sad day for the ice hockey community and particularly the Tigers faithful.
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Post by The Flying Shirt on Nov 15, 2016 20:42:41 GMT
Telford Tigers are now in the hands of Robson Scott Associates and the company behind the Tigers are heading towards voluntary receivership with debts in the region of £500,000. There are some interested parties looking at the club so all may not be lost but this is a sad day for the ice hockey community and particularly the Tigers faithful. Receivership = wage adjustment. I expect it will be a very different team with a new owner
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Discoray
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Post by Discoray on Nov 15, 2016 20:55:17 GMT
There will be a statement in a few days, much of the debt is an interest free loan to the previous owner. (Which I highly suspect will be written off in full.)
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Post by tomleafs on Nov 26, 2016 0:11:10 GMT
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Yotes
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Post by Yotes on Nov 26, 2016 20:04:53 GMT
Glad they got it sorted, hopefully it's a sound footing.
Welcome to the forum (and the league), btw.
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Post by tomleafs on Nov 28, 2016 20:32:08 GMT
Cheers!
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