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12thman Posted on 11/12/2019 11:25
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Listening to talk sport just, they say Sealey has deposited £500,000 in his solicitors bank account as instructed by AA to buy macc, but will lose interest if another game goes by. 😮
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boomer22 Posted on 11/12/2019 11:38
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Great news now get in with it AA make a full disclosure so it can go ahead.
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Silkmen11 Posted on 11/12/2019 11:43
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Jim white reported it earlier worry is sealy would walk away!!! Hope not dont fancy the other company taking over...
Just pray Now
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leedsblue Posted on 11/12/2019 11:59
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Just a negotiating tactic isn't it?
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12thman Posted on 11/12/2019 12:17
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What other company?
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Littleboroughblue Posted on 11/12/2019 12:40
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I believe it was Sporting Risk who pulled out of Bury at the last minute
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English_Sam Posted on 11/12/2019 14:02
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Just to clarify it would be a large points deduction that would trigger him walking away from any deal. In other words heís saying that if the deduction resulted in macc going into bottom two heís out.
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Jesus Posted on 11/12/2019 14:49
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*bottom one
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English_Sam Posted on 11/12/2019 16:22
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His words were bottom two but yeah bottom one this year is the bad one.
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English_Sam Posted on 11/12/2019 16:22
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Edited On: 11/12/2019 16:36
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Duplicate
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maccman Posted on 11/12/2019 17:15
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When will we know what the EFLís sanction is ?
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onthebrink Posted on 11/12/2019 19:39
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Well they've only recently penalised Bolton with their 5-point suspended sentence, and unless I'm mistaken, that was for not playing a game at the end of last season and one at the beginning of this.
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Littleboroughblue Posted on 11/12/2019 21:02
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If the efl have morals and equality this should be a points suspension and hopefully continue as a solvent and sustainable efl league club COYB
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saltpie Posted on 11/12/2019 21:23
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The Football League have appealed against the discipline committees sentence , so until that is resolved there is no precedent.
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crazyface Posted on 11/12/2019 22:12
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Just heard it's not him on his own.[rle]
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boomer22 Posted on 11/12/2019 23:58
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The sanctions should be against the owner and not the club. We have done nothing wrong. Financial penalties should be imposed rather than points.
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bollingtonblue Posted on 12/12/2019 07:21
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Totally agree boomer. Surely the Football League can see that the problems with MTFC are entirely down to the decisions and actions of AA. With no Board and no Chief Executive and technically no Manager (Daryl is Head Coach) then how can it be right that the club itself should receive any penalties?
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oilboil Posted on 12/12/2019 08:06
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The club itself is Amar, and Amar is the club, there is no legal difference...

Any financial penalty introduced will just increase the price tag for Sealey (as Amar will just add it to the bill for buying the club)

Instead of trying to exact revenge on Amar we should be wishing he just goes quietly and quickly
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English_Sam Posted on 12/12/2019 08:15
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Edited On: 12/12/2019 08:26
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Oilboil.

Seems like a lot arenít grasping that Alkadhi and the club are one.Same happens on FB and Twitter

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Nigel_Shaws_Right_Boot Posted on 12/12/2019 08:32
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Obviously the only influence and control the EFL have is to weald the big stick thereby keeping all the other clubs happy, shades of 1995.
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Ron_Ipstone Posted on 12/12/2019 08:34
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And if Sealey or the Sealeyís (sic) buy Ramyís shares then he or they will become the club.

When the Alkadhis took over they got lumbered with the fines etc. relating to the building of the McAlpine Stand, although those fines were due to the actions of the previous owners of the club.

Bolton were deducted five points for failing to play two fixtures but that deduction was suspended, the Trotters were also fined £70,000.
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macchiavelli Posted on 12/12/2019 08:51
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Edited On: 12/12/2019 08:53
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We just need this to be settled quickly. I can't see how dragging this out interminably suits anybody now. There is yet another WUP scheduled for next Wednesday.
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oilboil Posted on 12/12/2019 08:57
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"Joe has explained this before, its cost him 40k, to transfer the 500k, and he wasnt paying out 40k until amar gave him a price for the club. Its complicated and im only going off what Joe has said previously"

From the StarLaneEnd facebook site...

Of course what everyone is happy to ignore is that it doesn't cost £40k to transfer £500k into a bank acoXXXXXX - it costs nothing...

On the other hand if you are sheltering your income in company accounts (and therefore not paying income tax on it - exactly the same as Amazon/Apple/Facebook/Starbucks) then you have to pay to realise that cash as your own and not a companies.

The worry here is that is he going to complain everytime he has to put his hand into his pocket to pay the bills at MTFC that the £500k bill is really costing him £540K and that there is a delay (which there will be) between having the cash in the (1) company account - (2) turning it into Sealey money - (3) depositing into MTFC accounts
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macchiavelli Posted on 12/12/2019 09:11
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'The worry here is that is he going to complain every time he has to put his hand into his pocket to pay the bills at MTFC'

As compared to Amar who simply just didn't pay the bills.
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oilboil Posted on 12/12/2019 09:23
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That's not fair macchiavelli

1) He did pay the bills in the past
2) Then he started complaining about how much paying the bills was costing
3) Then he stopped paying all together

Sealey just seems to have skipped point 1 and started straight off at position 2 in the spiral
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EdinburghExile Posted on 12/12/2019 09:56
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It will cost Sealey money to transfer. It doesn't cost money to transfer from Acc A to Acc B as we all do on a daily basis- but that isn't what he is doing he is moving money from Acc A to Acc B but the money is frozen within Acc B and the owner of the money remains Joe Sealey. That is why it costs money (not sure if it 40k but could well be)
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macchiavelli Posted on 12/12/2019 10:01
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The past is the past.

I appreciate that a new owner might well be 'out of the frying pan', etc., but how much worse off could we be? Currently, we have a WUP scheduled every month, massive debts owed to HMRC, Sol, other creditors, players and staff on strike because they haven't been paid.

Finally, you say, 'Sealey just seems to have skipped point 1 and started straight off at position 2 in the spiral'

I was not aware that JS had made any complaint about 'how much paying the bills was costing'. Surely, he wont be paying any bills until/unless there is an agreement with Amar?
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saltpie Posted on 12/12/2019 10:21
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Ron I think that you are wrong relating to the McCalpine situation . From memory the Alkhadis said that as this happened before their ownership they would not be putting any cash in as it wasn't their responsibility, hence the fund raising by fans in pixels the all stars match etc .
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boomer22 Posted on 12/12/2019 11:38
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From the interview I heard it was £40k to move the money out of a pension scheme which sounds entirely reasonable. I am sure he will release money where it is needed but he was reluctant to incur a cost which would be unnecessarily incurred if AA wasn't serious. Yes the club and the owner are one legally, what I am saying is that they shouldn't be in the eyes of the EFL who surely have the power to change their own laws.
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oilboil Posted on 12/12/2019 11:58
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If he's buying this with money out of pension scheme then we are in big trouble; he's going to need much more than 500k to buy the club and bankroll it back to health.

Pension scheme money is not meant to be raided in this way - other notable people to have funded purchases through pension scheme funds include Robert Maxwell and Bernie Madoff
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macchiavelli Posted on 12/12/2019 12:36
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It would appear that the players probably have had sufficient assurances from the EFL that they will now be paid at some point, and will play and train.

I really hope that genuine negotiations are now taking place, and Amar isn't just trying to keep the pot boiling for a couple more weeks in order to get his snout in the trough for the takings from the Plymouth and Grimsby games.

I would be more than happy for the EFL to sequester those monies and earmark them for player/staff wages, with any surplus to be set against club debts.
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oilboil Posted on 12/12/2019 13:24
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I think you are probably right macchiavelli that the best outcome from Amar is to pocket the entire gate receipts of XMAS / New Year bumper crowds and then sell without paying out a penny of those to anyone else
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saltpie Posted on 12/12/2019 15:38
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I can't see why the league cannot get involved to see that the revenue from these games is ringfenced so that it goes towards the expenses of MTFC not RAMY
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Silkmen11 Posted on 12/12/2019 15:38
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Thats why the boycott still stands for me and other fans i know..
[fb].
Dont go until the man has gone... Come on joe sealy [^]
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The_Boss Posted on 12/12/2019 15:57
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I'll not be setting foot in the ground again until Amar has gone.

Just hope that's in time for Boxing Day, last thing I need is another day with the wifes family!!

#SaveMeJoe
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oilboil Posted on 12/12/2019 16:14
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"I can't see why the league cannot get involved to see that the revenue from these games is ringfenced so that it goes towards the expenses of MTFC not RAMY"

Because that would be illegal - MTFC is a private company and can decide how and when it utilises it's revenues.

The EFL can't interfere with that unless the club is in administration (and then only with the permission of the administrator) or by altering the rules for all clubs, calling an EGM and getting them passed by a super majority of the clubs that hold shares in the league (1 per league club)

I see why we want it to happen, but it never will.

The EFL is really impotent in things like this, they can't intervene in the private finances of a club because it belongs entirely to the shareholders of the club

The EFL talk a good game but really they are powerless except for being able to fine/deduct points as a way to influence behaviours
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bollingtonblue Posted on 12/12/2019 16:47
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Surely the EFL can withhold their regular monthly payments or direct them away from AA if they wish. Is this not what they are doing in paying the players/staff directly?
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oilboil Posted on 12/12/2019 17:23
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They don't pay regular monthly payments.

Once at start of season, once in January and then prize money for finish place at season close.

They can withhold the January payment - but I'm guessing they've already used some of that for the payments they've already made (for instance they've already used our FA Trophy appearance monies to cover October payments I think)
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Littleboroughblue Posted on 12/12/2019 17:27
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Am I missing a trick here.can Amar hang on for the Xmas gate receipts. We are back in court next week when I donít think another adjournment is likely to be granted unless he uses the line the club sale is nearing completion. Otherwise he will have no club to sell
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Silkmanfwd Posted on 12/12/2019 17:29
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We're not in the FA Trophy - at least not until a points reduction sends us down[|)] Did you mean the League cup or whatever it's called now.
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bollingtonblue Posted on 12/12/2019 17:30
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Oilboil...
I am pretty sure that the League payments are spread out as roughly monthly payments to reduce the possibility of clubs spending the money on large capital items rather than to regular running costs such as staff salaries and maintenance matters.
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boomer22 Posted on 12/12/2019 17:42
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If it's JS own money he can do it how he wants- it don't belong to any employees- subject to the rules of the scheme of course and as always tax. Just had to bang out a wedge myself following a dire emergency caused by a company exit going wrong,
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silkmen_away Posted on 12/12/2019 18:27
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Sealey, in both the podcast and Talksport, if I recall correctly, said that he was 'happy' to incur the 40k cost (a tax hit, I believe) once Amar could be pinned down on a sales price. I don't think it's fair to say he's going to moan about paying bills.

Hopefully AA isn't just trying to leave the Sealeys out of pocket out of spite.
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bollingtonblue Posted on 12/12/2019 20:59
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Oilboil... All League Two clubs receive the same amount from the Football League regardless of final league position.
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oilboil Posted on 13/12/2019 08:03
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Ok thanks for that, I guess that means the end of season payment is the same for all rather than success related
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crazyface Posted on 13/12/2019 09:06
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Well, after last nights great news, can this be repeated on here today.
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oilboil Posted on 13/12/2019 09:55
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"Well, after last nights great news, can this be repeated on here today."

You mean you want the following to happen:

Despite being largely seen as untrustworthy and unliked the uncumbent clinged to power humiliating the person who wished to take his place???
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macchiavelli Posted on 13/12/2019 10:17
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'Just get Maccxit done!' [:D]
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oilboil Posted on 13/12/2019 10:52
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Maccxit means Maccxit
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Smoky2 Posted on 13/12/2019 14:08
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Yes oil oil , that is what he means 🤡
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Smoky2 Posted on 13/12/2019 14:10
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Yes oil oil , that is what he means 🤡.
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macchiavelli Posted on 14/12/2019 08:05
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Maybe the next WUP on Wednesday will bring things to a head.

In the meantime, whether you are down at the Bescot, Christmas shopping, or in your cosy armchair, support your Silkmen. Come end of season, every point could be vital if there are deductions.
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silkmen08 Posted on 14/12/2019 08:33
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Cant see us getting many points deducted as only 1 game been suspended (so far) - Bolton got 3 points per game and they had 2 games suspended,they have been suspended for next year.
Would be very, very, surprised if we were hit hard for missing one game.
Can just see a fine given or 3 points max
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macchiavelli Posted on 14/12/2019 09:35
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Inclined to agree, silkmen08, but even a 3 point deduction could currently see us level with Carlisle in 22nd place, albeit with a game in hand and a superior goal difference.

We need to play the odds as best as we can to try and stay out of trouble, on the field at least.
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