DeanMK 5,230 Posted August 6 Share Posted August 6 Does this mean we can sign players now? 👀 Dan Deacon, BlueAvenger and Blue Nosed Babe 3 Quote Link to post Share on other sites More sharing options...
folkestoneger 9,026 Posted August 6 Share Posted August 6 Never understood why we were on the hook for this. A court tells you you cannot proceed with a contract then another court tries you for not proceeding with said contract. No wonder people say the law is an ass. Blue Nosed Babe 1 Quote Link to post Share on other sites More sharing options...
BlueboyG 5,481 Posted August 6 Share Posted August 6 Club is fucked from top to bottom. Rangers_no1 and BlueAvenger 2 Quote Link to post Share on other sites More sharing options...
RDB14 2,873 Posted August 6 Share Posted August 6 1 hour ago, plymouthranger said: Expect we’ll have settled for around half the amount they were claiming for (so going to cost us £4-5million). That’ll be acceptable to the administrators and the club will lose a seasons worth of Castore revenue, which is a big hit but not as bad as losing the case could’ve been.  For anyone saying how could they prove the loss of earnings, we’ve literally got the Castore contract 2 seasons later proving how much revenue they could’ve brought in…. Absolutely zero chance we have settled for that much.  Zero. esquire8 1 Quote Link to post Share on other sites More sharing options...
Bears r us 31,318 Posted August 6 Share Posted August 6 Good to hear this has been settled, but I hope we have not had to pay too much to make that happen. Hadron Collider and HG5 2 Quote Link to post Share on other sites More sharing options...
Blue Atheist 193 Posted August 6 Share Posted August 6 27 minutes ago, RDB14 said: Absolutely zero chance we have settled for that much.  Zero. I wouldn’t be so sure about doubting an agreed settlement amount of around 50% and above. The offer has to acceptable to the 3rd party claimant, after all. Unless the TP are the ones who made the offer but I suspect it was the other way around. plymouthranger 1 Quote Link to post Share on other sites More sharing options...
RDB14 2,873 Posted August 6 Share Posted August 6 1 minute ago, Blue Atheist said: I wouldn’t be so sure about doubting an agreed settlement amount of around 50% and above. The offer has to acceptable to the 3rd party claimant, after all. Unless the TP are the ones who made the offer but I suspect it was the other way around. There is absolutely no chance we settled this for 4-5m.  Understanding how cases like these play out and our club… there’s just no chance at all. We likely agreed something up to £1m max.  Wouldn’t be surprised if it’s less, outside chance slightly more.  It won’t be much more.  The 9.5m headline figure in cases like these are usually pie in the sky to start with. Quote Link to post Share on other sites More sharing options...
Zappa6995 3,774 Posted August 6 Share Posted August 6 Undisclosed, every fucking time. Quote Link to post Share on other sites More sharing options...
steven33jackie 2,017 Posted August 6 Share Posted August 6 Why not just disclose the settlement figure and move on. It's going to show in the annual accounts anyway. Why is everything with this board a secret. Even transfer fees are more often than not undisclosed. Zappa6995 1 Quote Link to post Share on other sites More sharing options...
Popular Post graeme_4 37,435 Posted August 7 Popular Post Share Posted August 7 At least it’s done regardless. chris182, esquire8, PromDeAnglais and 2 others 5 Quote Link to post Share on other sites More sharing options...
esquire8 45,103 Posted August 7 Share Posted August 7 14 minutes ago, graeme_4 said: At least it’s done regardless. And now hopefully because Robertson and Blair are no longer around we have alot less of these amateur hour moments. Quote Link to post Share on other sites More sharing options...
PromDeAnglais 6,719 Posted August 7 Share Posted August 7 A smart and well run business would have done due diligence and put mitigation in to the finances of the new contract with Castore to ensure that even if there was a breach of the previous contract, the financial reward for the new contract outweighed any potential payout to the previous manufacturer. We're not smart nor well run however so I severely doubt this happened. plymouthranger 1 Quote Link to post Share on other sites More sharing options...
Popular Post Malkytfp1 19,612 Posted August 7 Popular Post Share Posted August 7 16 hours ago, RDB14 said: Absolutely zero chance we have settled for that much.  Zero. You met our board? I imagine the courts would have taken £9.5m and we settled for £10m. geronimoo, RDB14, Bluekev and 2 others 1 4 Quote Link to post Share on other sites More sharing options...
SeparateEntityMyArse 55,321 Posted August 7 Share Posted August 7 Sad we've no battles left on the retail front. We should maybe offer Castore a Clementesque contract extension, then ditch them so we can have a much loved legal dispute. PromDeAnglais 1 Quote Link to post Share on other sites More sharing options...
geronimoo 1,565 Posted August 7 Share Posted August 7 9 hours ago, Malkytfp1 said: You met our board? I imagine the courts would have taken £9.5m and we settled for £10m. We have Rodney Trotter doing the haggling. Malkytfp1 1 Quote Link to post Share on other sites More sharing options...
Ace 3,645 Posted August 8 Share Posted August 8 As Elite are in admin they'll have to disclose the settlement to the creditors, it'll take time but we'll find out the value. Quote Link to post Share on other sites More sharing options...
Gascoigne's Flute 332 Posted August 8 Share Posted August 8 12 hours ago, geronimoo said: We have Rodney Trotter doing the haggling. More like Trigger 😂 geronimoo 1 Quote Link to post Share on other sites More sharing options...
Jimfanciesthedude 25,563 Posted August 8 Share Posted August 8 12 minutes ago, Gascoigne's Flute said: More like Trigger 😂 Trigger would be good at cost cutting, mind he had the same broom for 17 years 😂 Gascoigne's Flute 1 Quote Link to post Share on other sites More sharing options...
esquire8 45,103 Posted August 8 Share Posted August 8 22 hours ago, SeparateEntityMyArse said: Sad we've no battles left on the retail front. We should maybe offer Castore a Clementesque contract extension, then ditch them so we can have a much loved legal dispute. Don't think our commercial director is going to rock the boat at all so only see us extending with Castore considering they run all merchandise. Quote Link to post Share on other sites More sharing options...
KeyserSoze 15,249 Posted August 8 Share Posted August 8 On 06/08/2024 at 18:12, Zappa6995 said: Undisclosed, every fucking time.  On 06/08/2024 at 18:16, steven33jackie said: Why not just disclose the settlement figure and move on. It's going to show in the annual accounts anyway. Why is everything with this board a secret. Even transfer fees are more often than not undisclosed. The need for ordinary punters to know absolutely everything all the time about what goes on is embarrassing tbh.   What would you do with the information anyway?  Most likely be raging at the amount!!  it’s done move on. esquire8 1 Quote Link to post Share on other sites More sharing options...
SeparateEntityMyArse 55,321 Posted August 8 Share Posted August 8 5 minutes ago, esquire8 said: Don't think our commercial director is going to rock the boat at all so only see us extending with Castore considering they run all merchandise. Nike or Adidas or we riot imo. esquire8 1 Quote Link to post Share on other sites More sharing options...
esquire8 45,103 Posted August 8 Share Posted August 8 Just now, SeparateEntityMyArse said: Nike or Adidas or we riot imo. Then we have to put money into running the retail side. Don't see that happening. Quote Link to post Share on other sites More sharing options...
Zappa6995 3,774 Posted August 8 Share Posted August 8 21 minutes ago, KeyserSoze said:  The need for ordinary punters to know absolutely everything all the time about what goes on is embarrassing tbh.   What would you do with the information anyway?  Most likely be raging at the amount!!  it’s done move on. Why is it embarrassing Quote Link to post Share on other sites More sharing options...
graeme_4 37,435 Posted August 8 Share Posted August 8 21 minutes ago, KeyserSoze said:  The need for ordinary punters to know absolutely everything all the time about what goes on is embarrassing tbh.   What would you do with the information anyway?  Most likely be raging at the amount!!  it’s done move on. Aye imagine wanting to know to what degree of competence your club is run, and how much of your season ticket money / merchandise / MyGers / RTV and all the rest is being pished up the wall. Mental that you’d not want to know. Roy Hobbs, PromDeAnglais and Zappa6995 3 Quote Link to post Share on other sites More sharing options...
esquire8 45,103 Posted August 8 Share Posted August 8 27 minutes ago, graeme_4 said: Aye imagine wanting to know to what degree of competence your club is run, and how much of your season ticket money / merchandise / MyGers / RTV and all the rest is being pished up the wall. Mental that you’d not want to know. I think the degree of incompetence in Bennett and Parks is pretty evident now. Not going to change that with the amount we settled out of court with. Quote Link to post Share on other sites More sharing options...
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