League 2 Relegation Thread 2018/2019

NCFC Kim

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I wonder how much his experience of buying the club will affect his asking price. He expressed his interest pretty much as soon as Trew put the club up for sale, but the sale didn't go through for a good 8 or 9 months, presumably because Trew was trying to get a figure far closer to his investment than Hardy was willing to pay.
 

LongEatonPie

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I really don't know how we can find more and more ways to implode at Notts! One thing to the next!

He will probably want half of what he has put in and he hasn't done anything that could have raised the value. Nothing to the actual stadium nor got a training ground. I guess he's going to continue with Ilkeston though.
 

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He’s not getting that money back surely? Might be a £1 special

Is the ground incorporated within the club? I don’t even know the ownership details to Meadow lane it is club owned right?
 

Gladders

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Not according to price of football on twitter

Can’t blame Alan Hardy for wanting to sell Notts County. Problem is, who wants to buy a business that loses £35,000 every week, rents the stadium & is technically insolvent as liabilities exceed assets so has to rely on the owner to survive. #Notts https://t.co/kj6ewGJaCb
 

Wooderson

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Lifelong fan Haydn Green bought the rights to the ground a few years back and leased it back to the club for a peppercorn rent (it’s why the family stand is named after him). He died a few years ago and the lease is now in a charitable trust owned by his family. I think.

I mean, I thought the Munto season was odd enough but this takes the biscuit. Pre-season title favourites in August, six points adrift at the bottom by January, then the owner gets his cock out on Twitter and outs the club up for sale.

Can’t really say any more about Hardy than has already been said, but if he could have tempered some of his weirder instincts and channelled his wealth slightly better it could have been pretty good.

As for what is next - well, football clubs don’t come up for sale all that often, especially ones with 20k all seater stadiums and a potentially decent sized fanbase (that was probably Hardy’s best achievement for me, he managed to reignite interest in the support and prove the potential support was still out there) but it still feels like a complete lottery, as mentioned above. The American Joseph Malloy feels as though he is in pole position, but our league status being in doubt just throws a huge cloud over everything.
 

Spanishstag

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He’s not getting that money back surely? Might be a £1 special

Is the ground incorporated within the club? I don’t even know the ownership details to Meadow lane it is club owned right?
Theres something about if notts ever drop below a certain level ,think it might be 5 or 6 conference being level 5 the council can kick them out of meadow lane ,that land is ripe for developement
 

Enzo Scifo's Right Foot

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The stadium lease situation is a very positive one for whoever the prospective owner is.

A very modest rent whatever the division we operate in, set up by the man who actually ‘saved the club’ and didn’t want any media attention or adulation. In fact, if up to him, would of remained anonymous throughout.

As things stand the council can’t do a thing, it’s designated for its current use.
 

Spanishstag

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The stadium lease situation is a very positive one for whoever the prospective owner is.

A very modest rent whatever the division we operate in, set up by the man who actually ‘saved the club’ and didn’t want any media attention or adulation. In fact, if up to him, would of remained anonymous throughout.

As things stand the council can’t do a thing, it’s designated for its current use.
But who has actually SAVED the club ,massive debts ,conference bound up for sale if thats SAVED my finances are pure blue chip :£:£
 

Conker

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The lease situation is good for the club, but not really for any new owners because they not own it. If some drongo didn’t rack it up with a £3m+ budget and loads of debt? (How did Hardy finance the club?) maybe they might overlook that.
 

Enzo Scifo's Right Foot

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But who has actually SAVED the club ,massive debts ,conference bound up for sale if thats SAVED my finances are pure blue chip :£:£

Many people have saved the club , and football clubs up and down the country Senor . It’s called football history you know that .

This may shock you but we’ve been up for sale many many times before during my life time alone and I dare say I am considerably younger than yourself .
 

Spanishstag

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Many people have saved the club , and football clubs up and down the country Senor . It’s called football history you know that .

This may shock you but we’ve been up for sale many many times before during my life time alone and I dare say I am considerably younger than yourself .
I know you have been up for sale many times but ,surely never in such a perilous situation as this
 

Wooderson

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The lease situation is good for the club, but not really for any new owners because they not own it. If some drongo didn’t rack it up with a £3m+ budget and loads of debt? (How did Hardy finance the club?) maybe they might overlook that.

No, but I think the position is Green’s family wouldn’t jeopardise the club etc. Although I believe Ray Trew severely tested their patience over some kind of repayment row.

Hardy financed it with loans from his own (pretty successful) company.
 

Enzo Scifo's Right Foot

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The lease situation is good for the club, but not really for any new owners because they not own it. If some drongo didn’t rack it up with a £3m+ budget and loads of debt? (How did Hardy finance the club?) maybe they might overlook that.

Oh it’s a good situation for any new owner trust me , a significantly below market rent on a long leasehold basis is very favourable and will be built into any agreed price . Ask Bradford City fans if you want to hear an alternative viewpoint when it comes to rent.

The stadium situation is separate to that of the ongoing P&L that is whole different matter
 

Enzo Scifo's Right Foot

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I know you have been up for sale many times but ,surely never in such a perilous situation as this

I can only speak of my time as a Notts supporter , and during that period obviously not as we have never been so certain of relegation out of League Two before . Not many clubs go into non league football in anywhere near a healthy position both on and off the field of play . As a Mansfield fan you should be all too aware of that surely ?
 

Enzo Scifo's Right Foot

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No, but I think the position is Green’s family wouldn’t jeopardise the club etc. Although I believe Ray Trew severely tested their patience over some kind of repayment row.

Hardy financed it with loans from his own (pretty successful) company.

Exactly Wooderson , as long as the owner doesn’t sufficiently upset the Green estate there is no issue and it’s a great relationship and agreement for the club .
 

Conker

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No, but I think the position is Green’s family wouldn’t jeopardise the club etc. Although I believe Ray Trew severely tested their patience over some kind of repayment row.

Hardy financed it with loans from his own (pretty successful) company.

My point is without the stadium the club is practically worthless, I thought you owned it. Hardy is getting a £1 back in all likelihood, unless he gets lucky and comes across his twin.

But yeah that’s good for the club, new owners might prefer to own the stadium though. (Not saying that’s going to happen)

Good luck :bl:
 

Wooderson

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My point is without the stadium the club is practically worthless, I thought you owned it. Hardy is getting a £1 back in all likelihood, unless he gets lucky and comes across his twin.

But yeah that’s good for the club, new owners might prefer to own the stadium though. (Not saying that’s going to happen)

Good luck :bl:

It’s pretty worthless anyway, surely? Although development in that area is ramping up at a rate of knots, there is still plenty of vacant land. Plus the club still keeps all the corporate cash it generates etc. I’m sure if the new owners wanted to sell it they’d come to some kind of agreement with Green’s family. It’s certainly preferable to a Coventry style situation!

More pertinent is what happens now with the rest of the window. Hardy has said he’ll continue to fund the club but this is hardly ideal timing with our league status hanging by a thread. Best case scenario is he wants to been seen as some kind of white knight before he rides off into the sunset and as a farewell gesture sanctions some quality loans. But who would want to join a club bottom of the league and with the ownership up in the air?
 

TheEndIsNigh

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Maybe any more dealings in the window will be down to how far any potential sale is down the track. The new owners coughing up to try to keep their new investment in the league. I just can’t see Hardy putting his hand in his own pocket enough to attract anyone good enough to make a difference.

Isn’t the money Hardy has already put in the club in the form of loans at 4% interest, or am I making it up? I can’t imagibe he’s just going to write much of that off either.

Just realised there’s a lot of unsubstantiated speculation in this post. Apologies.
 

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Luke Imp

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Whether it's £6m or £9m Hardy has put in, I doubt he'd have asked for it all back anyway. Some of what he's put in he'd have lost to the tax man from his other companies anyway.
 

Luke Imp

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Amazing how a nutter in charge can turn an established league team into non-league fodder. It happened to us, Stockport, York City, Chesterfield and others I guess.
Tbf to Hardy, I wouldn't class him as a nutter.

He seems someone who genuinely wants to do the right things but can't.
 

Enzo Scifo's Right Foot

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My point is without the stadium the club is practically worthless, I thought you owned it. Hardy is getting a £1 back in all likelihood, unless he gets lucky and comes across his twin.

But yeah that’s good for the club, new owners might prefer to own the stadium though. (Not saying that’s going to happen)

Good luck :bl:

I’m sorry but that’s not correct at all .

I can’t be bothered to explain why because you are so far off , it would take too long . A bit of research into Landlord and Tenant , Accounting and Property Investment required before making statements like that. Basic football finances 101 might also help
 

Deepcut Cobbler

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Ours has been up for sale for a while, not many offers apart from (apparently) a consortium of local businessmen who didn't want to pay the asking price...
 

Spanishstag

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I’m sorry but that’s not correct at all .

I can’t be bothered to explain why because you are so far off , it would take too long . A bit of research into Landlord and Tenant , Accounting and Property Investment required before making statements like that. Basic football finances 101 might also help
Somebody replies to your post in genuine interest re the ground situation at nutts and your reply is so friggin arrogant ,you really deserve everything coming your way
 

Enzo Scifo's Right Foot

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Well it was an inaccurate post containing a ridiculous statement . The stadium situation at Notts for any owner current or future is far from worthless ! It doesn’t warrant further explanation . Clueless statements based on no knowledge deserves an arrogant or flippant response so that’s what it got .
 

Railway Blue

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Tbf to Hardy, I wouldn't class him as a nutter.

He seems someone who genuinely wants to do the right things but can't.

How can you say he's not a nutter. Classic case if you ask me!
 

Spanishstag

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Well it was an inaccurate post containing a ridiculous statement . The stadium situation at Notts for any owner current or future is far from worthless ! It doesn’t warrant further explanation . Clueless statements based on no knowledge deserves an arrogant or flippant response so that’s what it got .
Pathetic reply tbh i dont think you or any other nutts fans really do know the truth about your situation ,as for your comment about a ridiculous post ,that is just disrespectful to everyone on here ,ok we take the piss but you seem incapable of accepting any criticism of your club ,wait till your in the non league forum they will eat you alive
 

Enzo Scifo's Right Foot

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Pathetic reply tbh i dont think you or any other nutts fans really do know the truth about your situation ,as for your comment about a ridiculous post ,that is just disrespectful to everyone on here ,ok we take the piss but you seem incapable of accepting any criticism of your club ,wait till your in the non league forum they will eat you alive

What are you talking about ? The Notts fans on here are as critical about our club as any other fan is about there own during bad times ! What the hell are you reading ? Please put down the cheap booze

I know exactly the situation regarding the stadium , who owns it , the term , how much the set rent is for each division in the football league . I doubt it goes up when we drop into non league haha . That’s what was being questioned after all .

And please you are the last person who can talk about disrespect after some of your previous posts especially the ones aimed at your fellow Staggies
 

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