Bill and o
Would it be possible for all the financial information, all the contracts etc. between the Club and Meadow to be made available for everyone to see online ? Bits and pieces of information seem to emerge from time to time so why not everything ? Only in the past week or so have I, and others, found out for the first time,from postings on forums etc, that the "back rent" was £121,000, that the "debt" is £750,000 (does that include the rent ?). There was also the £6,000 in VAT, having arisen from a VAT assessment- what income was being assessed ? I only found out from a posting on this thread that one of the contract terms was to remove the sponsorship boards after games, which seems an odd requirement for a stadium with no other user.
Bill and others, I am sorry you feel that the club has not been transparent but let's be straight here and say that all the owners of Dulwich Hamlet FC Ltd over the years have been opaque at best.
I have alluded in my recent programme columns to the back rent and I'm not having any blame loaded on the club committee in any of this. The club's debt is very evident from its published accouns and that is again something thas been there for many years.
The club committee asked to see budgets and other figures over the last few years but were shown some at a meeting some 2 years ago. However, we were not even allowed to keep a copy.
The playing budget was set by Meadow acting under their agreement with the majority shareholder, the licence was imposed and it was clear there were caveats within it that could be used to remove us as required, that's why we resisted the club entering into it until we were threatened with the gates being shut.
When Meadow dumped the club back in the hands of its majority shareholder, we have worked tirelessly to unravel the situation and understand the club's finances without any handover of information from Meadow.
We have been lucky to be able to call on favours from an accountant i know, one that Meadow left high and dry without paying his fees.
The HMRC investigation was into underdeclared gate income by people employed by Meadow.
The committee has never at any time been in a meeting with Meadow about running the Football Club as we were not the body that Meadow wanted to hand the club to when they had received planning permission.
Yet, despite being treated as an irrelevance by many, it is my team that have put their heads up to be shot at by trying to run the club finances. Even there, promises of income streams were withdrawn without notice and threw our projections out of the window.
It isn't a power thing to have be one company Directors, it's a necessity that serves to protect our legal position because we could otherwise be seen as acting in quasi Director roles as the only Director had no interest in running the business on a day to day basis. This despite many thinking we were mad.
However, this isn't about wanting thanks.
In conclusion, I can't see what can be served by putting any agreements up on a forum, even if the terms of them allowed me to.
I am always happy to chat to people about the situation and be as honest as possible but my time is currently very much taken up with talking to other clubs about using their facilities, keeping the league on our side, trying to work out how we can meet our financial obligations and some discussions about routes to get the club out of this. Oh, and a job I have to hold down.
In closing, I have to say that over anything I may have done, YTC has done even more and without him I'm not sure where we would be.