Good to see they clearly read the bunker.

they might not be too enamored with the racist joke on the other one mind you. someone needs to tell them to get that off quickish.

Very impressive statement I have to say.

Nearly everything I wanted to know and wanted to hear was in this statement.

Transparency on a whole new level.

Based on her reassurances I WILL now renew my season ticket.

Thanks Pam.!!

That is a very good statement to fair, it answers loads of questions and has more honesty in clarity than we've had in two years under Coxall.

The biggest concern is the fact that JNPG still own 50% obviously, and have I missed something, who is the other bloke mentioned?

It has me worried regards the future of the club. I for one will not be attending pack the park or giving anymore money to the club as long as this shambles is running it. Thanks Pam

You are worried about the future of the club so your response to that is to stop supporting the club? Genius. One thing that is clear from the statement is that staying in the Football League would make matters a whole lot easier, so support on Saturday is all we can do for the time being.

What heartens my is at the least the person presiding over this mess appears to be someone who is professional and honest about the situation, at least we have a bit more clarity now. It confirms what we feared, Coxall wants out but he's not just going to do the decent thing and walk away after saddling a debt free club with debt for nothing. The big question is what value does he put the 50% of OUR club he's got his grubby little hands on at? He claims to love the club and be a fan so hopefully it represents what he's brought to the club in the last two years positively and he gives us a fiver. As whatever he's screwed out of the club in wages has been undeserved to start with before expecting any sort of buy out.

Coxall said the debt he took on was in his name, not the clubs. Who would have imagined the bloke was a liar eh?

Cracking statement. Although Coxall needs out, I think Pam will not let him get everything his own way. I think it's only right she gets the backing of the fans and helps steady the ship through a potentially very rough time.

#Never Say Die

Seems to be a clear statement of intent that all monies will stay in the club and will be used only for running costs , she obviously is trying to distance herself from hodcrofts and coxalls secretive running of the club , I only hope we can trust ms duxbury as this would be a breath of fresh air

Would imagine anything Coxall gets will be offset against the debt he ran up with Sage so in effect he gets nowt and Sage get to own the major shareholding in the club.

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My responsibilities include financial reporting to the Football League re first team and academy financial transactions; attending EFL meetings; calculating players appearance fees, monitoring transfer activities former players and ensuring players and management contracts adhere to EFL regulations; Submission of management accounts, cashflow forecasts and budgets; Monthly payroll duties for 200+ employees (1st team and management, match day and administration staff) and RTI and year end returns. Preparing the year end audits and supervision of all daily financial duties and transactions and ad-hoc duties (agents, sponsors and advertisers relations).

Another on the payroll.

Jobs for the boys blud

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Season ticket....? When some one sends me the photographic evidence to prove our dear departed chairman has rode into the sunset and is breeding penguins on an Antarctic ice field I'll consider it. I want the fog to clear before I part with a penny.

Long time lurker but first time posting....

Her statement does sound promising but then I thought the first few things Coxall said were promising too so what do I know. Hopefully what she says is true and that transparency is a sign of things to come. I don't get to many home games anyway as I can't afford to travel from where I live but I'd already decided it would be away games only for me until the current owners slung their hooks. Until there's some real evidence, rather than just promises, that money is being invested in the club/players then that decision still stands.


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"I can personally assure all of you that the money received into the Club will be kept within the Club and used for normal Club operations and is fully under my control"

I really WANT to believe this but will take advice from those more informed as to whether it might be just another crock of guano aimed at deceiving (again) some very loyal but slightly naive fans.

I am remaining sceptical. Says exactly what people want to hear, and at the same time pleading for season ticket sales.

When there is utter transparency about the finances then think about attending home games next season.

Just a little defence of Coxall. I don't think he necessarily came to saddle the club with debt. I just think he was out of his depth and didn't realise, with his cronies, how costly the club was going to be. Maybe with his Financial Manager or Goldberg making the decisions we had an unviable expense bill.

30+ first team players for most of the season? That is an astronomical wage bill, I am sure that many on here are not aware of how much some of these players are paid, it isn't peanuts that's for sure. Clearly IOR were financing the club to at least a million a year, via their write off against Tax or whatever. The impression I get is that JPNG just didn't have the resources and with an even bigger squad the bills just spiralled. Yes it is shocking business and there is plenty of evidence they against the owners but trhe fact that Coxall has sought help to balance the books leaves him with a little credit which Goldberg may not havr, looks like he may have jumped from a sinking ship.

The worry is now that even if fan owned, Pam will want her money back, this will mean many years on a much lower budget than it is currently run on. At least though, Pam seems to be putting a plan in place to keep the club afloat. Let's hope she is better at planning than Mr Coxall was.

The departure of IOR shows the grass isn't always greener.

Sorry that is massively wide of the mark.

IOR didn't put any extra money into the club after about 2008, we have been running in a pretty much self sufficient model since then. Anyone who thinks they seriously wrote off a million pounds a year is on glue.

We have over 3,000 season ticket holders, you get about £800,000 off the Football League then another £300,000 that filters down from the Premier League TV deal. Then we had what we were told was the biggest sponsorship deal in the clubs history to rename the round. You are not talking small fry here, League Two clubs get enough help to get by and Pools in terms of budget should be in the top half of League Two. I doubt we were even in that bracket before what happened in January. Yes technically the squad was big but we certainly didn't have 30 senior pros, 18 at a push. I'll remind you what happened in January we Sold Toto for a fee (I've heard £24,000) we sold Jake Carroll for a fee and we sold Josh Laurent to a Championship club for a reported six figure fee. We signed a couple of kids on loan. Oh and on top of this we took out two loans loading the club with debt. Can you tell me where the fuck the money has gone before we start any sort of defence of that bloke? We all have a fair idea but that man and his cronies has all but cost us our place in the Football League all to fund his own lifestyle. He is the worst thing to ever happen to our club, fuck defending him.

Sounds like pay "weakly" is the best option if this greedy bastad wants 500K for something he paid fuck all for..

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Chirst almighty.

He hasn't lost over a million pounds on the team that isn't even possible if that is what people are being told then I am worried. All of the loans and winding up orders came before Christmas just after Goldberg disappeared I am sure that is a mere coincidence though.

Anyway we loaned that money to be the next Arsenal or Reading didn't we, now it was to pay for our vast wage bill.

To suggest he overspent on the team is almost comical, we are swaying from one absurd lie to the next.

It's been said by a couple of people but I also remain sceptical, Mr Coxall is to blame for that one. Whilst I think what she is telling us is the truth, we have had all of the talk before and I believed Coxall at the start. I'm happy to take on board what has been said and it does make me feel a little bit better but until we see some action being taken then at the moments it's just words..........and we've had an awful lot of them over the last couple of years.


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No way is Coxall gonna get 500K for a club he's run into the ground. If he doesn't relinquish his share no season ticket money and we'll go into admin, he'll get jack shit and Sage will have to accept a much lower repayment on their loan. Otherwise we'll start again like Darlo have done.

So if we're massively in debt (as it seems from what's being said) then there are two options:

Suck it up and pay it over time, fund the club knowing we're going to be operated on a shoestring, dropping down the leagues and eventually handing over to the trust when the debt is settled.

Or

Don't fund it, let us go into administration and let the trust pick up the pieces at the end of it all.

Either way it's going to be awful, now do we want protracted awful or one big hit awful? The end result looks like it will be the same.

One final note from me, what the FUCK has Gary Coxall spent that much money on?

So if Thomas and Carson get sold in the summer, where does the money go? Will that be kept in the club like Pam said the ST money will?

Looks like admin will be the cheapest option in the long term, just save your season ticket money as it will definitely be needed by the trust.

Our only real hope from this situation is probably the least likely scenario in today's climate, that a buyer or consortium comes forward and saves the club. The only other real positive is that Sage have an investment to protect and they appear to be reputable business, it's not in their interests for the club to go into Administration or worse to fold.

How the fuck can that chancer have the brass neck to demand that amount of money is beyond me!? At least blokes like George Reynolds and Gary Gibson made themselves broke in the process this fucking wanker was to start with.

Actually I have one more thing. If we buy season tickets, the money is in the bank, players are sold, the FL money is in the bank and sponsorship money is in the bank... why wouldn't Sage just call in the loan there and then and put us in admin anyway? There's nothing to stop them apart from one promise on the official site.

There's absolutely no reason to keep us on a payment plan over the course of a few years when there's a lump sum ready and waiting. Apart from conscience of course.

It makes no business sense to do it that way, none whatsoever.

Where would we stand with the cash in the bank?

Say for example we go into admin after the FL parachute payment (assuming we go down), season ticket money, sponsorship money and player sale money. If we went into admin after these has been received, would these be classed as assets that would be used to pay creditors? If so where would that leave whoever in charge, or more specifically the trust, in terms of running costs for the season?


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Apologies mate, I have essentially asked the same question as you. Hadn't read it!


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Everyone knows the press cannot report anything regarding the truth about the club as they have to keep close ties. It's sad what is happening but why attempt to pay the debts the board has created. Sometimes we have to ignore the short term problem for the long term objectives.

Well that's us fucked then. Jog on coxall, you're not getting a penny

One of the issues with going into administration is no-one will lend us any money for a loooong time thereafter. Or rather, those who will will charge the Earth in interest charges.

This isn't a problem if we can operate within our means all the time but I can't imagine any club of our stature never needing to borrow money for something.

Not saying I think we should part with cash and not saying I trust Pam, I have no idea whether to trust her or not, I know nothing about her. Some people are very good at saying exactly what people want to hear at exactly the right time. Add to that that we as a fanbase are desperately keen to believe the club is going to be ok and she may well have many fans really buying into her words and even creating division....I hope this doesn't happen and like anyone else, I hope she is the answer to our problems.

Only Pam and her mates know if she's truly genuine. She'll have to prove it with actions if she's going to gain my trust and cash.

I am glad for you all if you fell reassured by this statement.

I never knew so many of you were that gullible.

The statement started off ok, and gave some detail, which I believe to be true, regarding the ownership.

But the minute she pleaded for season ticket money, the moment was gone.

So Pam, you reassure about the ST money eh?

Didnt Gary reassure us about the laon and him being the guarantor?

As well as the 1001 promises he made.

Common sense tells me fans should keep hold of their money until verbal guarantees/reassurances become written legal ones.

You need to earn trust, its not a given.

Pam isn't here by choice, she's here for her investment

Oh and apparantly Billy Bullshitter thinks the club is worth around £2m now.

This from the fella that got it for nowt and has racked up a det to sage of £500K, a debt he cant explain what it is was for.

Was it a super sponsorship deal?
The millhouse masterpan?
A fan owned club?

With Billy you just never know.

And STILL some fans give him credit.

I'd rather see us start in the conference north than know Coxall has made money..... Non league is non league - it's going to be shite....

'Well I after say I feel a bit better tonight about pools future and the way Pam is heading the club and direction the club needs to head in.

The club owe £1.2 million debit, now considering this is a football club and the fact IOR lost £1 million a year and they wrote that off them selfs, I don't think that's a bad debit, and is a manageable, have a look around most clubs and they all have debits and a loan higher then pools, my old boss owed a lot more then that on his business and was never worried about things.

The long term plan is to get private investors on, and build a board of directors that will include a seat for the trust or fans rep what ever way you want to look at it, this will make a number of people accountable to the fans and fans will have a say how the club is run, not like it has been under say IOR or CG, were it is one man that is answerable.

I do not think there is any way we're going in administration, not going to happen, they have spoke to clubs and pleased to say they have spoke to Cheltenham about bounce back after they went down, there is plans in place, and I honestly believe we will be ok.

I think the trust members there tonight phil a Ronnie will agree with me, that there is a good relationship to build with the club, and I think they will agree, with Pam in charge this is good opportunity'

First 4 words tell you its not my words

You after sob uncontrollably.

Don't conference teams have to pay a substantial bond to guarantee all fixtures will be met? Pretty sure this will eat up transfer fees/parachute payments. No point putting more of our cash in till we know we've at least paid the bond and will have a team to support next season.

So its looking like Coxall and JPNG have fleeced Sage and possibly others out of a million quid. But Sage own part of JPNG so Sage are the debtor and the creditor!!

Another thing that doesnt stack up is how could Sage, who exist in the world of finance, fall for Coxalls bullshit when it was clear to many that things were crumbling around him. Fair enough I was stupid enough to give the chancer 250 quid for my season ticket, but businesses dont just hand over wads of 50 quid notes without doing proper checks and putting loads of restrictions on how the money can be used.

Think I'll be holdng on to my 250 quid for a while yet but my offer of giving it to the trust to pay toward legal or financial advice still stands.

This bloke cannot be allowed to get away with this, though i don't know what can be done. Its not as if the people didn't know months and months ago.

I hope there are some seriously embarrassed and apologetic people out there.

Oh...

Haven't seen the Experian report thread...missed that one.

Fair enough then. Nothing to lose. Literally. We really should start again then and fuck 'em all.

What a bloody awful mess.

And what an absolute 'lovely lovely person' Coxall is.

How the fuck do these people get to sleep on a night? Why have they literally no morals? Especially when they stitch up something so public as a football club?! Just fucking bizarre and really sad.

Please tell me you made that up?

No human being could possibly have written that or believed it.

Maybe loans were taken out thinking we'd get money for Thomas in January?

No one knows and I doubt we'll ever get the answers. The only thing we have to decide now is do we trust what Pam is saying about the money staying in the club?

I've said earlier in this thread what will make more sense to a creditor and that's to take the debt in full as soon as possible. I'd have to be strongly persuaded otherwise and a promise on a website can't really do that.

Colonel, would I lie to you ?

Just yesterday there were some STILL asking for more proof about Billy Bullshitter. Those people should be utterly ashamed now.

The fact that the detectives have been trying to tell folk for months seems to have gone completely over some peoples heads....even now.

Thank god these people werent around when hitler started invading other nations. We would be german now.

And there are still folk refusing to accept the trust because certain individuals are involved.

The individuals that gave you the truth people. THE FUCKING TRUTH.