Anybody listen to the interview on Tees tonight.

Waste of time

Yes, The Trust don’t have the finances now to run the club, they are now looking around for a consortium, Raj just sprung the meeting on them so they didn’t have much time to formulate any questions to ask Singh.

More or less see what you can do Trust because its game over from me.

If he did, they should have conferred beforehand and set a time of their convenience, not be pushed into a corner.

Interview on Tees,
https://www.bbc.co.uk/sounds/play/p0gqlmwl

Doesn't sound too promising--now we are out of the cups no funds coming in, looks like the trust have until xmas at the latest to put something together

I do wonder how bad it would be to start again--get rid of the Sage debt albatross + any we owe to Singh

I think the council would let the new club take the ground--and crowds of 2-3k to being with wouldn't be unreasonable rising as we go up (and we likely would given relative size of the club)

The lovely couple who run the PFC Trust and had that huge lottery win would be great candidates if they were interested in putting something into the Trust, but they already do a lot of charitable work already. I would have thought Raj would have already sought out their backing in the past maybe?

Well some people think it’s practical, …and want rid of Raj.
Looks like they’re could be getting their dream fulfilled and we’ll sail into the sunset Raj free.
There’s a Turkish curse… ‘May you live in interesting times’….let’s see?

Nice thought

Rent to be found, God knows how much public liability is.
Safety certificates, Don,t know how many of those are needed.
Pitch maintainance, General repairs upkeep.
Club Back room staff, Coaching, Physio, Manager, Players all have to earn a living.
Traveling, Taxes etc.

Silver lining playing in the northernleague we will all be home for tea.

Never tried to hard for that list, umpteen other costs i would imagine.

Yes they’re all expenses, now list income

League two teams get £472, 000 per season wherever they finish

Plus £430,000 premier league payments

£900,000 from the league

Now sponsorship, merchandise, season tickets, matchday revenue etc

Don’t forget Sage.

Now give us a breakdown of outgoings..?

Don,t have a clue RE: income
But pretty sure the above is only a fraction.

Was not having a go or anything of the kind.
But in the cold light of day things look a whole lot different

Loyal Fan was refering to starting again.
Could be northern Lge, Who knows.

Surely if we go into admin, then Sage can't have any comeback to any new owner after that? Their deal was with Raj when he took over, it can't continue forever?

Depends how we come out of administration, if we are bought as a going concern then liabilities may carry over (either for the full amounts, or reduced if the creditors accept).
If we're totally broke and have to start as a phoenix club then it would be with a clean slate.

Sage weren't mentioned - in fact what he (Parkinson) said was that the existing debt rests with Raj's other companies and he's willing to restructure it to help a 'credible consortium' to take over. That suggests that Sage have had their pound of flesh.

Also said that the club's running costs this season are in pretty good shape apart from "a number of horrific football decisions last season" - no doubt that refers to still paying off Hartley and Curle and the crap players those two signed.

I guess that means that Askey and Goodlad are pretty much bomb proof at the minute as the club can't afford to sack them! Also - what we knew already - that there's no money for new players.

Trouble is, these things are like icebergs, it’s the 90% of what you can’t see below the surface that’ll sink you.

One minute raj says he has never said a price for the club. Hust says the price put people off in the summer. Raj says debts coming down. Next thing sounds like most the debt is to pay him. Id like to think it would be a smooth takeover but id be surprused if anythibg goes smoothly.

It comes across that a deal from both parties are playing a game of chess stalemate.
Plenty of talk talk but no peaceful resolution.

It looks though now were out the cup he is more desperate to leave so hopefully no matter what happens, a bit of common sense is shown. It appears even though the debt looks like its all to raj now or in the main, he looks like he is willing to get a slower return from it than an all or nothing approach.

Makes sense. Another season going nowhere and no cup windfall. Sounds like Raj has finally realised he hasn't got the cash or the football nous to make a success of owning a football club. We're into the next chapter of HUFC's history whether fans are excited by the idea or fearful.

Has it ever been any other way.
Looking at some old posts when Hignett was losing it and there’s me and a certain Poolie Kev giving him grief,

Going to be exciting whatever happens, we might get a bit of hope back who knows?

While you're looking back on your crystal ball, care to remember how many times this season you said that Raj wasn't serious about selling up?

Haha i did say raj wasnt interested in selling till the money stream had gone. Well out the fa cup has speeded that up, no doubt will get the money off football league too. Raj has said a few things that he has come back and then said different things about. Lets see how quickly he does actually go. Good poker player raj? Wouldnt surprise me to see him still here come the end of the season.

If nobody steps in let's hope he is still here come the end of the season.

I’m cautious, that’s why I use the word ‘may’…..tell me when it happens.
By the way, why not look back on some of your predictions

Trouble is he’s hard to nail down, a bit like picking up mercury with a fork.
That’s why I never assume the obvious.

Surprise surprise.

When we were in administration under him, he "didn't want a penny back" and the "football share was no good to him" and now the latest he tells you lot is that he couldn't reach an agreement over the Dan Burn sell on clause.
Unless its down in writing and he's signed it in front of a witness then I wouldn't trust anything he says.

The thing is that he's a businessman not just chairman of Pools, so he knows he needs to be careful when he speaks to the press if he wants to maintain his credibility. Other businesspersons will be inclined to swerve any business with an out and out liar.
Now he we public to the Northern Echo about the Dan Burn / football club share thing yet nobody bar a few disgruntled supporters have said he lied about that deal and it's failing.
On here some say he lied about budgets, yet have no evidence to back it up, he's never given any details. What he has said is it will be competitive, it's a budget that should be getting us in the promotion mix. None of us can refute that.
He's said there's been no offers from credible new owners, nobody refutes that either. Wrexham owners apparently showed interest in a handful of clubs including us but nobody says they made an offer.
He says the clubs for sale, yet some claim it's not even though he's repeatedly said it so it's in the public domain for potential owners to make an offer.
He says we're better financially than when he arrived, and if the debt is paid off or consolidated so that he's the only creditor, then we are. But none of us have evidence to say he's lying.
So other than disgruntled fans, why has nobody exposed his lying?

Can you wind back a bit and explain what you mean? I know Burn used to play for Darlo but he's never had any involvement with Pools has he?

"potential owners to make an offer"

According to the interview on Tees, HUST rep said "He,s not asking for an offer"

They also said thats what put people off in the summer, Raj wanted money for the club.

The official statement from the club says the trust have been asked to find investors or someone to take control of the club. To take control would mean to be majority shareholders so obviously he does want offers.
As for Raj wanting money, he's a businessman of course he wants money. Has he ever said he'd give the club away for nothing? And I seriously doubt he'd be sharing details of any summer interest with the trust or anyone unless they pass his criteria as possible new owners.

This could be ‘much ado about nothing’ the ball’s firmly in his court and on his whim.

You had better take it up with the HUST or listen to the interview yourself.
I,m only telling what the HUST rep said live on Tees.

If i remember they said he wanted debt paid back but that would be at a later date and something would be worked out, Or words to that effect.

There was NO mention of him wanting a offer, Unless of course he changes his mind.

I'm only saying what the official line is from the club which clearly says he wants investors or someone to take control. Neither will happen without offers is it.
The point I'm making is that nobody has provided a shred of evidence to support their claims of him lying, or going back on things he's said publicly.
He might not be too clever as a football club chairman, but he's shrewd enough to know its not good business sense to be saying things that he knows can be exposed as out and out lies.

Dan Burn was sold to Fulham from Darlo with add on clauses. Singh now says he wanted his share of these clauses. This from a man who said he didn’t want a penny back.
Nothing at all to do with Pools, just it shows the bloke changes his story every time he tells it, so beware that what he says and what he actually does have been known to be polar opposites.

Best if you listen to the interview on Tees.

What evidence is there that Raj has lied, what bit of the official statement is a lie?

Let’s hope Singh does a bit more due diligence than IOR who couldn’t wait to offload Pools first the to TMH who ran of with the gate money and were subsequently jailed then the snake oil fella Coxhall who hadn’t 2 half pennies to rub together.

There isn’t any that’s why.
It’s all conjecture, supposition, wishful thinking, conspiracy theories, the ’Twilight Zone’ and nothing of consequence.
A bit like looking for a an invisible non existent black cat in a coal house at midnight on moonless night in a blackout…but the relentless brotherhood of doom have found it…but they don’t want to let you see it just yet.
Thanks Dave,

Got it in one Jamie ….Our former owners must have been that busy throwing the Shearer portrait into the lowering lifeboat to save it, that they mustn’t have had time to check out their backgrounds.

Hodcroft said it was due to the falling oil price in his Switch of Play interview, IOR weren’t involved in oil and gas production as such, they only employed 20 personnel in an office in Aberdeen. The problem arose when Berge Larsen (LOG & DNO)with drew his backing in 2013 after being found guilty of defrauding his own company but subsequently was acquitted later on.
Companies House records show Increase Oil Recovery (IOR) was dissolved in 2020.

Raj said no one knows the price of the club. He said that himself. Hust have come out and said the price was putting people off. Raj said hartley was our first choice. Comes out aftrr sacking him oh id never heard of him. Raj said american stuff was rubbish, comes out a year later oh well yeah they were interested along with other clubs they looked at. Raj says oh i held some of dave challinors budget back, we go on then play in a big cup game and still see very little movement for any sort of decent players. Says we had a competitve budget because morcambe got promoted on it, morcombe come out and say they had the 2nd smallest budget in the league.

Nothing seems to stick to this guy, even with his past at darlo. What cannot be denied is he has been involved in 2 great north east clubs who have gone to shit. We might get away with it. Darlo are now celebrating a victory over farsley celtic like a cup final win.

Not disagreeing with your other points - like a lot of people, Raj has His Truth which isn't the same as The Truth. But Pools had already 'gone to shit' when he took over. Relegated out of the Football League, struggling in the NL and on the brink of going out of business.

His due diligence will be whats best for him and not HUFC.
He has zero affiliation to our town n club.
Cant see any new owners wanting to drip feed him money over a sustainable 10 years or whatever.
Reportingly from Sing our debt has been reduced.
Should be impossible not to of after.
Moneys for
Promotion
Sky n Bt
3 years of good ST sales n pay on the day
Semi finals of league trophy
Fa cup 4th round
DC compo
Good sponsorship
Off loading our decnt players
Etc.
Fully expecting a Snowy retaliation now.
Like water of a ducks back now.

I won’t disappoint you then….there, there….
So how much does all that income money add up to……?


ps…in reference to zero affiliation to town and club…What affiliation did IOR have to the ‘town n club’….. in fact your little proviso has eliminated any interest from anyone outside Hartlepool, including the much feted Hollywood investors, what was their affiliation to ‘town n club’…..