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Post by karlosfandango on Oct 22, 2019 12:40:16 GMT
Has resigned as of today according to The Herald
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Post by jbjo on Oct 22, 2019 13:42:43 GMT
Resigned or sacked? Whatever it's a surprise.
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Post by lesboro on Oct 22, 2019 13:51:55 GMT
Couldn't afford him - this will make some happy let's see if they appear
On a seismic day at Priory Lane – a place not known for drama or sudden surprises – the club has today announced a financial appeal and a major re-structuring both on and off the field.
The Sports boss has been released on what club officials describe as “entirely amicable terms”. The directors and football committee would like to place on record their thanks to Lee for all that he has done in his short time at the club and also for his professionalism at this difficult time for the club.
The departing boss said: "I would like to start by thanking everyone associated with Eastbourne Borough football club for the way they have treated me since day one of me joining this fantastic community club.
"I would like to put on record that I am disappointed that things didn’t come to fruition but the clarity the club have shown me over recent weeks has been great and I really hope the club finds the investor it needs to get out of financial trouble and become successful as it has so much potential.
" I part company with a heavy heart but also know it’s best for both parties. All the best for the future. Come on you Sports!"
At the same time, the football club has launched an open invitation to existing supporters and sponsors, and potential new backers, to “Bridge the Borough Gap” - a short-term deficit which has threatened Borough’s week-to-week finances ever since the loss, just before the new season opened in August, of a major backer who had been expected to invest a significant sum in the club and its infrastructure.
Club officials – in a hard-hitting statement – have thrown open an appeal to close a £40,000 shortfall in the next month. Finances have also been hit by a relatively early FA Cup exit, as well as surviving the whole month of October without a single home game.
Although Bradbury’s squad have pulled up no trees, sitting below half-way in National South, the club insist there are no complaints on Bradbury’s management or commitment. But the Portsmouth-based manager, who arrived in the summer, has agreed a settlement which cancels his contract – and saves at least one salary.
CIC Chairman David Blackmore and Football Chairman John Bonar will personally speak with the playing squad on Tuesday evening (22nd) ahead of the team’s home friendly against a London-based Academy side. At this point there is no indication of departures on the playing side.
Bradbury’s assistant Shaun Gale will also relinquish first team duties with immediate effect. The club however are pleased to confirm that Shaun will continue to lead the community projects that he has started to implement for the club.
Team affairs will be overseen by other coaches within the club, with popular skipper Sergio Torres expected to take on some of the management duties. Meanwhile the Borough will be exploring options for a new manager over the coming days.
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Post by dargiles82 on Oct 22, 2019 13:53:47 GMT
It seems that Sussex 2000 was correct
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Post by golfer on Oct 22, 2019 15:16:49 GMT
2 questions, is the £40k that’s required for wages or other debts and which manager is available at the moment ?
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Post by rhambo07 on Oct 22, 2019 15:20:50 GMT
Sir Len of the lane must be fuming seeing how all this has unfolded and everything he did to get the club on a stable footing.
My question is why did we plan for something that may not of happened, shouldn't the board of waited for a transfer of funds etc before spending it all...
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Post by dargiles82 on Oct 22, 2019 15:25:14 GMT
I wonder why the money man was not offered a place on the board or was he refused
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Post by golfer on Oct 22, 2019 15:30:38 GMT
I blame Kingy 😂😂😂
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Post by jbjo on Oct 22, 2019 15:40:56 GMT
How can letting the manager go help the finances unless he was on silly money? We have to have some one as manager and they are not going to do it for nothing. What happens if we cannot honour players contracts, presume they can just leave - and they will! How can the chairman allow the club to spend money they didn't have? He should resign - along with the rest of them.
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Post by dargiles82 on Oct 22, 2019 15:59:30 GMT
Well said jbjo what has been said in the past about this committee is now proving correct their little empire has failed the club and most of all us very supporters
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Post by Colin 'Trigger' Potter on Oct 22, 2019 19:16:23 GMT
What doesn’t make sense to me is earlier the season at the meet the board session we were told Lee was on same budget as Jamie was, it had just been spent differently. The investment was more in the bricks and mortar things (ie changing rooms) but the potential was there the have a larger budget however he withdrew.
How has a £40,000 gap appeared?
£40k is enough to kill a club at this level.
Since when has Boro spent money they don’t have? How can it only be a short term thing?
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Post by golfer on Oct 22, 2019 19:30:22 GMT
Exactly Trig, the problem is what happens if this £40k isn’t met? Then what happens. Seems to me it’s like taking out a short term loan, it’s starts off manageable but then the hole gets bigger. I’m still puzzled by the fact that the medium/long term seems assured but not the immediate term. Worrying times.
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Post by Colin 'Trigger' Potter on Oct 22, 2019 19:40:08 GMT
All those years under Len’s guidance the club never spent beyond its means, Len wouldn’t allow it. We’ve never been a rich club but we’ve always been financially stable. Who chose to take the risk and gamble?
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Post by returnoftherat on Oct 22, 2019 19:51:31 GMT
What have the board done to our club? Every decision from this amateur board has failed miserably, from the plastic pitch to the management selections to the U23s to the academy to youth sections to the ‘Borough means business’ (yeah, anyone else remember that?) to the CIC : it’s all a mess and making us the laughing stock of non league footy
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Post by golfer on Oct 22, 2019 19:57:22 GMT
The pitch is the biggest Achilles heal financially, I dot think they get the numbers to justify it and let’s face it it hasn’t benefited the first team going on home form since was put down
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Post by dargiles82 on Oct 22, 2019 20:35:08 GMT
Sussex 2000 said over a month ago we were in financial trouble why did it take so long for our Chairman and his committee to wake up to this situation just proves it time for a complete change in the board room
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Post by nonleague on Oct 22, 2019 23:00:33 GMT
It was pointed out by Sussex,ages ago and alot of you on here were saying stop causing trouble,but he was 100% right,the reason we need 40 grand people keep asking is to pay the wage bill,it’s as simple as that it’s nearly 10 grand a wk over 4 wks is 40 grand
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Post by jbjo on Oct 23, 2019 7:39:50 GMT
At the moment it is a short term cash flow problem. How does Sussex 2000 know about these problems in advance? There is a rumour that this man with no name wanted back up his money with a place on the board. That's fair enough, it's his money and the board would have to be very naive about him having a say in how the club is ruin, but who is he? Could it be Mr Sussex 2000 himself?
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Post by golfer on Oct 23, 2019 8:01:36 GMT
Sussex also said that we have a top 7 budget which would account for paying out around 10k a week, but at the moment we’re a bottom 7 club
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Post by dargiles82 on Oct 23, 2019 9:09:33 GMT
I wonder what Mr King would had done with a budget of this size? ??
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