Frank Clark’s Tash
Jack Burkitt
Talking about Dick Eggnog at Sunderland.
Hope he does a phone in, I may have a question or two for him...
Hope he does a phone in, I may have a question or two for him...
Scholar sold Campbell behind Bassett's back and then Bassett sold Cooper because he thought he was stronger than him in the dressing room........none of which is good but PVH should never have gone on strike.......he did a lot of damage to our club.
We had no choice with Cooper. I'm sure he had a clause in his contract that allowed him to go if Middlesbrough came in with certain fee. He wanted to finish his playing career there.
We had no choice with Cooper. I'm sure he had a clause in his contract that allowed him to go if Middlesbrough came in with certain fee. He wanted to finish his playing career there.
Bassett was OK, problem was with these wankers Soar, Wray and Scholar. Thieves.Cooper was on Radio Nottm before the last game, think he said he left because we weren't offering him a long term deal and Boro were, otherwise he'd have stayed. Also that Bassett was a tosser.
Still bitter memories of the summer of 1998. It could be a decent season with PVH, Campbell, Cooper and Wim Jonk (we should have sign him after World Cup). Dave Bassett was good manager. Our Dougie was signed as replacement of PVH and Big Kev. Impossible job...
That consortium, Bridgford Group, almost destroyed the club.
Forever on BLACK LIST: Phil Soar, Irving Scholar, Nigel Wray. Where are they now?
BTW it is fair to say Soar - only Forest fan of that trio - has written nice book about Forest (published in 1998). I wonder what would he say today. Does he feel some guilty conscience?
I don't think so. What's your evidence for this?Stick Larry Lloyd on the list along with another 180 or so greedy self-serving twats who sold the club down the river and betrayed their responsibilities.
I don't think so. What's your evidence for this?
I'll give you a potted history:
Firstly the structure of the club prior to the takeover - we had 209 shareholders who owned the club, when a position became vacant people were nominated and if approved paid £1 for the privilege of owning us.*
By 96 we'd been relegated and were largely living off a 15m overdraft, when an add appeared in the FT offering "A unique opportunity for investors to assist the club in implementing its plans for the next millennium". There were two rival groups*(I'm going to try not to muddy the water with Bovey, Lewis etc) that headed by Anderson and another by fronted by Scholar and Soar and later Wray. Each needed 75% of the members to vote for them for there to be a change in the ownership structure.*
Anderson tried to win, Scholar simply tried to block Anderson until he gave up. Anderson had the fans backing, Scholar didn't care and just worked on the shareholders. Scholar wined and dined the shareholders, Anderson had Price Waterhouse on his side who recommended the shareholders accept his bid.*
Wray and Scholar had excellent media links*(Mail, Express and Sun) - I can remember the sun portraying Wray as a saving hero and Anderson as a disgruntled Scot, and a rangers fan who never made it as a player.*
Anderson offered: 13m in cash instantly for players with more to follow. In return, they wanted to set up a board of paid directors initially working in tandem with the current board, with the club being floated on the stock market in two to five years’ time. They estimated that the current £1 shares will be worth around £34,500 each. They also guaranteed that the club will not move ground or change the colour of the home shirts, and that at least 89% of all transfer money received will be reinvested in players within a year.*
Scholar on the other hand said 'screw this waiting business, here is 17k right now'.*
It should be noted that was against the constitution of the club; Clause 6 of the ‘Articles and Associations of Nottingham Forest Football Club’ reads as follows: “No consideration of any kind shall be paid or given for or in respect of the transfer of any share in the capital of the Company.” Still for 17k you can vote to overturn the constitution.*
So those brave shareholders including*Larry*our forest legend took the money and ran.*
Down we went that year but in their infinite wisdom Scholar and co raised season ticket prices by about 30% and we went from 18.5k season ticket holders to 12k. Scholar was then advised against floating the club but promised it would raise us*(him) 20m - instead it raised 1.8m. Then that consortium started to fall apart.*
Wray resigned as chairman and in came Barnes who promised to put the Nottingham back in Nottingham Forest. He invited ND*(who was part of the Anderson bid) to effectively rescue us from the carpet bagging*(a judges words not mine) consortium of Scholar et all. He agreed to put 12m in initially but wanted controlling interest - not so much for himself but to get rid of the previous consortium who were destroying out club and syphoning out money. Each time you see Saracens win a trophy know that our club paid for that. Scholar and Markham resigned from the board but attempted to block the investment.*
They could stop ND investing in the PLC as this required 75% approval but they couldn't stop him investing in the football club which only required 51% approval.*
Scholar and Mark*ham filed suit, claim*ing the in*vestment was in contravention of company law and prejudicial to them. They demanded that the club be forced to repay the money, which would effectively bankrupt Forest.*
During the trial, several startling revelations highlighted just how bitterly divided the board of directors had become. Julian Mark*ham testified that he had secretly bugged board meetings out of fear that other directors were plotting against him. Markham droned on for hours about his in*tense dislike of Phil Soar. Mr Justice Hart, presiding, considered all of this irrelevant to the issue.*
In a remarkable turnaround towards the end of the case, the litigants withdrew their de*mands for repayment of Doughty’s investment, acknowledging the damage it would do to the club, and instead sought compensation by forcing the individual directors to buy their shares. Their case was dismissed. The judg*ment in favour of upholding the Doughty investment and dismissing all the litigants’ claims*(as well as awarding costs of up to £3 million to the club) was just reward for the fans and shareholders who had long tired of speculative investors reaping personal glory and profit at the expense of the welfare of the club.*
So yes those initial shareholders who took the money should take a long hard look at themselves and their greed has caused us 15+ years of pain and nearly cost us our club entirely.
I'll give you a potted history:
Firstly the structure of the club prior to the takeover - we had 209 shareholders who owned the club, when a position became vacant people were nominated and if approved paid £1 for the privilege of owning us.*
By 96 we'd been relegated and were largely living off a 15m overdraft, when an add appeared in the FT offering "A unique opportunity for investors to assist the club in implementing its plans for the next millennium". There were two rival groups*(I'm going to try not to muddy the water with Bovey, Lewis etc) that headed by Anderson and another by fronted by Scholar and Soar and later Wray. Each needed 75% of the members to vote for them for there to be a change in the ownership structure.*
Anderson tried to win, Scholar simply tried to block Anderson until he gave up. Anderson had the fans backing, Scholar didn't care and just worked on the shareholders. Scholar wined and dined the shareholders, Anderson had Price Waterhouse on his side who recommended the shareholders accept his bid.*
Wray and Scholar had excellent media links*(Mail, Express and Sun) - I can remember the sun portraying Wray as a saving hero and Anderson as a disgruntled Scot, and a rangers fan who never made it as a player.*
Anderson offered: 13m in cash instantly for players with more to follow. In return, they wanted to set up a board of paid directors initially working in tandem with the current board, with the club being floated on the stock market in two to five years’ time. They estimated that the current £1 shares will be worth around £34,500 each. They also guaranteed that the club will not move ground or change the colour of the home shirts, and that at least 89% of all transfer money received will be reinvested in players within a year.*
Scholar on the other hand said 'screw this waiting business, here is 17k right now'.*
It should be noted that was against the constitution of the club; Clause 6 of the ‘Articles and Associations of Nottingham Forest Football Club’ reads as follows: “No consideration of any kind shall be paid or given for or in respect of the transfer of any share in the capital of the Company.” Still for 17k you can vote to overturn the constitution.*
So those brave shareholders including*Larry*our forest legend took the money and ran.*
Down we went that year but in their infinite wisdom Scholar and co raised season ticket prices by about 30% and we went from 18.5k season ticket holders to 12k. Scholar was then advised against floating the club but promised it would raise us*(him) 20m - instead it raised 1.8m. Then that consortium started to fall apart.*
Wray resigned as chairman and in came Barnes who promised to put the Nottingham back in Nottingham Forest. He invited ND*(who was part of the Anderson bid) to effectively rescue us from the carpet bagging*(a judges words not mine) consortium of Scholar et all. He agreed to put 12m in initially but wanted controlling interest - not so much for himself but to get rid of the previous consortium who were destroying out club and syphoning out money. Each time you see Saracens win a trophy know that our club paid for that. Scholar and Markham resigned from the board but attempted to block the investment.*
They could stop ND investing in the PLC as this required 75% approval but they couldn't stop him investing in the football club which only required 51% approval.*
Scholar and Mark*ham filed suit, claim*ing the in*vestment was in contravention of company law and prejudicial to them. They demanded that the club be forced to repay the money, which would effectively bankrupt Forest.*
During the trial, several startling revelations highlighted just how bitterly divided the board of directors had become. Julian Mark*ham testified that he had secretly bugged board meetings out of fear that other directors were plotting against him. Markham droned on for hours about his in*tense dislike of Phil Soar. Mr Justice Hart, presiding, considered all of this irrelevant to the issue.*
In a remarkable turnaround towards the end of the case, the litigants withdrew their de*mands for repayment of Doughty’s investment, acknowledging the damage it would do to the club, and instead sought compensation by forcing the individual directors to buy their shares. Their case was dismissed. The judg*ment in favour of upholding the Doughty investment and dismissing all the litigants’ claims*(as well as awarding costs of up to £3 million to the club) was just reward for the fans and shareholders who had long tired of speculative investors reaping personal glory and profit at the expense of the welfare of the club.*
So yes those initial shareholders who took the money should take a long hard look at themselves and their greed has caused us 15+ years of pain and nearly cost us our club entirely.
Colin Cooper was on Radio Nottingham recently and said Bassett forced him out. He was happy to go to Boro but did not ask for a move.
I'll give you a potted history:
Firstly the structure of the club prior to the takeover - we had 209 shareholders who owned the club, when a position became vacant people were nominated and if approved paid £1 for the privilege of owning us.*
By 96 we'd been relegated and were largely living off a 15m overdraft, when an add appeared in the FT offering "A unique opportunity for investors to assist the club in implementing its plans for the next millennium". There were two rival groups*(I'm going to try not to muddy the water with Bovey, Lewis etc) that headed by Anderson and another by fronted by Scholar and Soar and later Wray. Each needed 75% of the members to vote for them for there to be a change in the ownership structure.*
Anderson tried to win, Scholar simply tried to block Anderson until he gave up. Anderson had the fans backing, Scholar didn't care and just worked on the shareholders. Scholar wined and dined the shareholders, Anderson had Price Waterhouse on his side who recommended the shareholders accept his bid.*
Wray and Scholar had excellent media links*(Mail, Express and Sun) - I can remember the sun portraying Wray as a saving hero and Anderson as a disgruntled Scot, and a rangers fan who never made it as a player.*
Anderson offered: 13m in cash instantly for players with more to follow. In return, they wanted to set up a board of paid directors initially working in tandem with the current board, with the club being floated on the stock market in two to five years’ time. They estimated that the current £1 shares will be worth around £34,500 each. They also guaranteed that the club will not move ground or change the colour of the home shirts, and that at least 89% of all transfer money received will be reinvested in players within a year.*
Scholar on the other hand said 'screw this waiting business, here is 17k right now'.*
It should be noted that was against the constitution of the club; Clause 6 of the ‘Articles and Associations of Nottingham Forest Football Club’ reads as follows: “No consideration of any kind shall be paid or given for or in respect of the transfer of any share in the capital of the Company.” Still for 17k you can vote to overturn the constitution.*
So those brave shareholders including*Larry*our forest legend took the money and ran.*
Down we went that year but in their infinite wisdom Scholar and co raised season ticket prices by about 30% and we went from 18.5k season ticket holders to 12k. Scholar was then advised against floating the club but promised it would raise us*(him) 20m - instead it raised 1.8m. Then that consortium started to fall apart.*
Wray resigned as chairman and in came Barnes who promised to put the Nottingham back in Nottingham Forest. He invited ND*(who was part of the Anderson bid) to effectively rescue us from the carpet bagging*(a judges words not mine) consortium of Scholar et all. He agreed to put 12m in initially but wanted controlling interest - not so much for himself but to get rid of the previous consortium who were destroying out club and syphoning out money. Each time you see Saracens win a trophy know that our club paid for that. Scholar and Markham resigned from the board but attempted to block the investment.*
They could stop ND investing in the PLC as this required 75% approval but they couldn't stop him investing in the football club which only required 51% approval.*
Scholar and Mark*ham filed suit, claim*ing the in*vestment was in contravention of company law and prejudicial to them. They demanded that the club be forced to repay the money, which would effectively bankrupt Forest.*
During the trial, several startling revelations highlighted just how bitterly divided the board of directors had become. Julian Mark*ham testified that he had secretly bugged board meetings out of fear that other directors were plotting against him. Markham droned on for hours about his in*tense dislike of Phil Soar. Mr Justice Hart, presiding, considered all of this irrelevant to the issue.*
In a remarkable turnaround towards the end of the case, the litigants withdrew their de*mands for repayment of Doughty’s investment, acknowledging the damage it would do to the club, and instead sought compensation by forcing the individual directors to buy their shares. Their case was dismissed. The judg*ment in favour of upholding the Doughty investment and dismissing all the litigants’ claims*(as well as awarding costs of up to £3 million to the club) was just reward for the fans and shareholders who had long tired of speculative investors reaping personal glory and profit at the expense of the welfare of the club.*
So yes those initial shareholders who took the money should take a long hard look at themselves and their greed has caused us 15+ years of pain and nearly cost us our club entirely.
I'll give you a potted history:
Firstly the structure of the club prior to the takeover - we had 209 shareholders who owned the club, when a position became vacant people were nominated and if approved paid £1 for the privilege of owning us.*
By 96 we'd been relegated and were largely living off a 15m overdraft, when an add appeared in the FT offering "A unique opportunity for investors to assist the club in implementing its plans for the next millennium". There were two rival groups*(I'm going to try not to muddy the water with Bovey, Lewis etc) that headed by Anderson and another by fronted by Scholar and Soar and later Wray. Each needed 75% of the members to vote for them for there to be a change in the ownership structure.*
Anderson tried to win, Scholar simply tried to block Anderson until he gave up. Anderson had the fans backing, Scholar didn't care and just worked on the shareholders. Scholar wined and dined the shareholders, Anderson had Price Waterhouse on his side who recommended the shareholders accept his bid.*
Wray and Scholar had excellent media links*(Mail, Express and Sun) - I can remember the sun portraying Wray as a saving hero and Anderson as a disgruntled Scot, and a rangers fan who never made it as a player.*
Anderson offered: 13m in cash instantly for players with more to follow. In return, they wanted to set up a board of paid directors initially working in tandem with the current board, with the club being floated on the stock market in two to five years’ time. They estimated that the current £1 shares will be worth around £34,500 each. They also guaranteed that the club will not move ground or change the colour of the home shirts, and that at least 89% of all transfer money received will be reinvested in players within a year.*
Scholar on the other hand said 'screw this waiting business, here is 17k right now'.*
It should be noted that was against the constitution of the club; Clause 6 of the ‘Articles and Associations of Nottingham Forest Football Club’ reads as follows: “No consideration of any kind shall be paid or given for or in respect of the transfer of any share in the capital of the Company.” Still for 17k you can vote to overturn the constitution.*
So those brave shareholders including*Larry*our forest legend took the money and ran.*
Down we went that year but in their infinite wisdom Scholar and co raised season ticket prices by about 30% and we went from 18.5k season ticket holders to 12k. Scholar was then advised against floating the club but promised it would raise us*(him) 20m - instead it raised 1.8m. Then that consortium started to fall apart.*
Wray resigned as chairman and in came Barnes who promised to put the Nottingham back in Nottingham Forest. He invited ND*(who was part of the Anderson bid) to effectively rescue us from the carpet bagging*(a judges words not mine) consortium of Scholar et all. He agreed to put 12m in initially but wanted controlling interest - not so much for himself but to get rid of the previous consortium who were destroying out club and syphoning out money. Each time you see Saracens win a trophy know that our club paid for that. Scholar and Markham resigned from the board but attempted to block the investment.*
They could stop ND investing in the PLC as this required 75% approval but they couldn't stop him investing in the football club which only required 51% approval.*
Scholar and Mark*ham filed suit, claim*ing the in*vestment was in contravention of company law and prejudicial to them. They demanded that the club be forced to repay the money, which would effectively bankrupt Forest.*
During the trial, several startling revelations highlighted just how bitterly divided the board of directors had become. Julian Mark*ham testified that he had secretly bugged board meetings out of fear that other directors were plotting against him. Markham droned on for hours about his in*tense dislike of Phil Soar. Mr Justice Hart, presiding, considered all of this irrelevant to the issue.*
In a remarkable turnaround towards the end of the case, the litigants withdrew their de*mands for repayment of Doughty’s investment, acknowledging the damage it would do to the club, and instead sought compensation by forcing the individual directors to buy their shares. Their case was dismissed. The judg*ment in favour of upholding the Doughty investment and dismissing all the litigants’ claims*(as well as awarding costs of up to £3 million to the club) was just reward for the fans and shareholders who had long tired of speculative investors reaping personal glory and profit at the expense of the welfare of the club.*
So yes those initial shareholders who took the money should take a long hard look at themselves and their greed has caused us 15+ years of pain and nearly cost us our club entirely.