Random Irritations

[Neilds]

Companies that insist that refunds can only go to the card that was used for the purchase If I had paid with cash, could I insist on getting the same notes back? Stupid rule

 

[Foxholer]

West Ham owners taking a great big dump on the fans again. Greedy buggers have decided to create an elite section right through the block we sit in so we (and load of others) are being moved along to make room. But they haven’t got the guts just to say what it is, they present it as “exciting ground improvements” they sent an email last night after the ticket office was closed telling us if the move “didn’t quite work for us” to give them a call about relocating to the new 1966 area. Ah one thing, it’s 50% more expensive than my current ticket and there are no concessions for my pensioner dad or student son!
We feel gutted as we only transferred into these seats this season after being up in the nose-bleeds since we moved there.

The joys of 'marketing' - to a captive fanbase! 'Exciting' for them maybe; depressing for proper fans! Seem to be using their consistently higher quality performance to claw back some of the investment/debt that has happened over the last few years.

 

[PJ87]

The joys of 'marketing' - to a captive fanbase! 'Exciting' for them maybe; depressing for proper fans! Seem to be using their consistently higher quality performance to claw back some of the investment/debt that has happened over the last few years.

Investment is next to nothing and debt is all to them. Which they charged a fortune in interest

They have made their "investment" back 3 times over

 

[Foxholer]

Investment is next to nothing and debt is all to them. Which they charged a fortune in interest

They have made their "investment" back 3 times over

Have they? The club has made losses over the last several years (at least 3), so they are still 'investing'. I don't understand the bit in bold! Is that the 'typical fan' attitude that club owners role is simply to provide funds for their 'toy', not treat ownership of a Football Club as a business?

 

[Fade and Die]

The joys of 'marketing' - to a captive fanbase! 'Exciting' for them maybe; depressing for proper fans! Seem to be using their consistently higher quality performance to claw back some of the investment/debt that has happened over the last few years.

I’m basically being moved 20 yards further into the corner, from my current position and further away for the action at the other end. And told that this is the new limit of my price band. And I have to swallow a price increase too. And, of course, this is all ‘massive’ good news for me and will improve my experience!

Just when I was starting to reconcile myself to the place after some great games this season, they’ve proved yet again what utter shysters they really are.

 

[fundy]

I’m basically being moved 20 yards further into the corner, from my current position and further away for the action at the other end. And told that this is the new limit of my price band. And I have to swallow a price increase too. And, of course, this is all ‘massive’ good news for me and will improve my experience!

Just when I was starting to reconcile myself to the place after some great games this season, they’ve proved yet again what utter shysters they really are.

Wait until after youve signed up and then they cash in on Rice and Bowen on tfr deadline day

 

[Fade and Die]

Have they? The club has made losses over the last several years (at least 3), so they are still 'investing'. I don't understand the bit in bold! Is that the 'typical fan' attitude that club owners role is simply to provide funds for their 'toy', not treat ownership of a Football Club as a business?

No I think what Paul means is they have “Loaned” the club £50 million but unlike other owners they then charged West Ham between 4-6% interest ( even that shining light of an owner Mike Ashby loaned Newcastle money interest free) not a bad bit of business when the BOE interest rates were historically low.
This on top of trousering £40M from the sale of Upton Park.

 

[Fade and Die]

Wait until after youve signed up and then they cash in on Rice and Bowen on tfr deadline day

Wouldn’t surprise me. The Baroness could get a job on Russian TV. ?

 

[drdel]

Companies that insist that refunds can only go to the card that was used for the purchase If I had paid with cash, could I insist on getting the same notes back? Stupid rule

You actually bought the item from the card issuer. So the item returned is, in theory, theirs so they get the money and then they pass it to you.

 

[PJ87]

Have they? The club has made losses over the last several years (at least 3), so they are still 'investing'. I don't understand the bit in bold! Is that the 'typical fan' attitude that club owners role is simply to provide funds for their 'toy', not treat ownership of a Football Club as a business?

As fade and die has pointed out

They pocketed 40 million from the sale of our old stadium rather than invest in the club

They "loaned" us money to clear debts but the rates of interest they charged were 7-8%

 

[Foxholer]

No I think what Paul means is they have “Loaned” the club £50 million but unlike other owners they then charged West Ham between 4-6% interest ( even that shining light of an owner Mike Ashby loaned Newcastle money interest free) not a bad bit of business when the BOE interest rates were historically low.
This on top of trousering £40M from the sale of Upton Park.

As fade and die has pointed out

They pocketed 40 million from the sale of our old stadium rather than invest in the club

They "loaned" us money to clear debts but the rates of interest they charged were 7-8%

How much did they bung into the club when it was on the verge of going bust - and constantly near the relegation zone?
How easily such situations are forgotten!
And FWIW, it wasn't 'us' they loaned money to, nor 'our old stadium' (unless you are a shareholder)...it was West Ham United Football Club Ltd that they loaned it to - an organisation they own the majority of! From a financial pov, fans are, in reality, little different to customers of particular High St shops!

 

[srixon 1]

Gutted. A good golfing friend of mine lost his fight with Lymphoma yesterday. He was my 4’somes partner in our inter club scratch matches for a few years. A really nice young man and taken far too soon. Only in his early 30’s with a very young family. Cancer sucks.

 

[Fade and Die]

How much did they bung into the club when it was on the verge of going bust - and constantly near the relegation zone?
How easily such situations are forgotten!
And FWIW, it wasn't 'us' they loaned money to, nor 'our old stadium' (unless you are a shareholder)...it was West Ham United Football Club Ltd that they loaned it to - an organisation they own the majority of! From a financial pov, fans are, in reality, little different to customers of particular High St shops!

God bless ‘em, they saved us they did.?

As this article shows “Their generosity has come at a price”

https://www.football.london/west-ham-united-fc/news/gold-sullivan-west-ham-owners-17583699.amp

Taken Over £18M in interest for loans, when other owners give the clubs they own interest free loans.

https://www.footballinsider247.com/...questions-gold-and-sullivan-lending-rate/?amp

 

[PJ87]

How much did they bung into the club when it was on the verge of going bust - and constantly near the relegation zone?
How easily such situations are forgotten!
And FWIW, it wasn't 'us' they loaned money to, nor 'our old stadium' (unless you are a shareholder)...it was West Ham United Football Club Ltd that they loaned it to - an organisation they own the majority of! From a financial pov, fans are, in reality, little different to customers of particular High St shops!

All they did when they took over was take on the loans

Which they have had repaid with the 8% interest so have made all their money back

Then they asset stripped the club . Selling the stadium and pocketing the money not investing back into players

They never invest their own money in players

One player was bought on a loan on the next season's ticket value ..

We average 31 million a season spend on transfer over 5 years .. (net spend) considering the money in the premier League, the fact we don't have any stadium costs bar 2.5 mil a year lease charge .. we could afford to spend a lot more

Also they have been proven to tell managers to not focus on the cups as they didn't want to pay the travel costs for away matches and didn't want to pay the extra stadium fee for more games

So yeah. Great owners

 

[Slime]

My socks wriggling down my foot whenever I wear wellies. Walking the dog this morning, I had to stop twice; take the welly off each foot and pull my socks up. It never happens with any other footwear.

Tuck you trousers into your socks before putting your wellies on, it works for me.

 

[Slime]

Manchester United.
again!

 

[Billysboots]

Manchester United.
again!

I’m way beyond the irritated stage. Can we have a “Random depressions of the day” thread do you think?

 

[Slime]

I’m way beyond the irritated stage. Can we have a “Random depressions of the day” thread do you think?

Ah, but it wouldn't be random.
Maybe we should have a 'Regular Depressions of the Day' thread!

 

[AmandaJR]

Gutted. A good golfing friend of mine lost his fight with Lymphoma yesterday. He was my 4’somes partner in our inter club scratch matches for a few years. A really nice young man and taken far too soon. Only in his early 30’s with a very young family. Cancer sucks.

So sorry to hear that. Taken way too young. Very sad.

 

[chrisd]

I’m way beyond the irritated stage. Can we have a “Random depressions of the day” thread do you think?

Couldn't we have " Random happiness of the day after Man u have played" ?