BEARGER 1,829 Posted February 21, 2014 Share Posted February 21, 2014 Been googling and looking through other sites to refresh my memory. The fact that we require loans now to get through the next few months has me questioning the ability/honesty of CEO Graham Wallace. This is what he said in a Q&A article in The Herald on 17th December 2103 " In the short-to-medium term there is sufficient cash within the club in order for it to continue trading on a normal basis." Now he was the Chief Financial Office at Manchester City so I'm assuming he has some kind of accountancy/financial qualification. That being the case when he made that statement only 8 weeks ago was he fully aware of the financial position at the club? Did he check himself? Was he assured by the board that we were ok in the mid term? Was he told the truth by the incumbents on the board and if not when did he realise we did not have sufficient cash for the short term never mind the mid term? In the same Q&A article he speaks about gaining investment for the club, can we also assume he has failed in this respect? 0 Quote Link to post Share on other sites More sharing options...
gisabeer 409 Posted February 21, 2014 Share Posted February 21, 2014 dont know why your blaming wallace. He didnt create the mess were in. The blame lies at the feet of profiteering bastard Charles Green and his cronies who filled their boots and have left us right up shit creek. 0 Quote Link to post Share on other sites More sharing options...
Hildy 0 Posted February 21, 2014 Share Posted February 21, 2014 Been googling and looking through other sites to refresh my memory. The fact that we require loans now to get through the next few months has me questioning the ability/honesty of CEO Graham Wallace. This is what he said in a Q&A article in The Herald on 17th December 2103 " In the short-to-medium term there is sufficient cash within the club in order for it to continue trading on a normal basis." Now he was the Chief Financial Office at Manchester City so I'm assuming he has some kind of accountancy/financial qualification. That being the case when he made that statement only 8 weeks ago was he fully aware of the financial position at the club? Did he check himself? Was he assured by the board that we were ok in the mid term?Was he told the truth by the incumbents on the board and if not when did he realise we did not have sufficient cash for the short term never mind the mid term? In the same Q&A article he speaks about gaining investment for the club, can we also assume he has failed in this respect? The highlighted part now looks to have been misleading. He may not have meant to mislead anyone, but just two months on we need a crisis loan to stay afloat. Between this and trying to get the players to agree a wage cut - an extremely naive move which did more harm than good - he has had a very disappointing start in the job. Sent from my Nexus 7 using Tapatalk 0 Quote Link to post Share on other sites More sharing options...
BEARGER 1,829 Posted February 21, 2014 Author Share Posted February 21, 2014 dont know why your blaming wallace. He didnt create the mess were in. The blame lies at the feet of profiteering bastard Charles Green and his cronies who filled their boots and have left us right up shit creek. Don't know why you are saying I'm blaming Wallace for the clubs predicament, I never said he was to blame. What I am questioning is his credibility now after some of his past statements have been proven to be naive at the very least. 0 Quote Link to post Share on other sites More sharing options...
Zappa 0 Posted February 21, 2014 Share Posted February 21, 2014 Maybe Wallace's idea of 'short to medium term' was the middle of December to the middle of February? What's his idea of long term? June, July or August? 0 Quote Link to post Share on other sites More sharing options...
chilledbear 16 Posted February 21, 2014 Share Posted February 21, 2014 If we need this money for the day to day operation of the Club, then it begs the question why did they not sell Wallace in January. It looks to me as if this was the intention from way back. 0 Quote Link to post Share on other sites More sharing options...
Ser Barristan Selmy 222 Posted February 21, 2014 Share Posted February 21, 2014 dont know why your blaming wallace. He didnt create the mess were in. The blame lies at the feet of profiteering bastard Charles Green and his cronies who filled their boots and have left us right up shit creek. A lot of these cronies still seem to be kicking about... 0 Quote Link to post Share on other sites More sharing options...
SteveC 150 Posted February 21, 2014 Share Posted February 21, 2014 According to the Sons of Struth video we don't need a loan just now, which would mean Wallace was correct in what he said. http://www.gersnetonline.co.uk/vb/showthread.php?61911-SoS-Iinterview-20th-feb 0 Quote Link to post Share on other sites More sharing options...
Stimpy 0 Posted February 21, 2014 Share Posted February 21, 2014 If we need this money for the day to day operation of the Club, then it begs the question why did they not sell Wallace in January. It looks to me as if this was the intention from way back. Not selling Wallace May have been posturing? 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted February 21, 2014 Share Posted February 21, 2014 If Wallace had anything about him he would not be entertaining such loans. He should be sweet talking shareholders into selling shares to Dave King for the good of the club. 0 Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.