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Club statement - New directors appointed 15:33 - Jun 8 with 16546 viewsTomRAFC

https://www.rochdaleafc.co.uk/news/2021/june/board-of-directors-update/

Poll: Would you have Keith Hill back?

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Club statement - New directors appointed on 12:45 - Jun 9 with 3451 viewsD_Alien

Club statement - New directors appointed on 12:38 - Jun 9 by R17ALE

Bizarrely, the story released yesterday has slipped off the front page of the official site.

You've already got to go looking for it.

So, if you're scratching your head, it's here!

https://www.rochdaleafc.co.uk/news/2021/june/board-of-directors-update/

Planting pansies, seeing the jackpot winner has not been won again, and a Euro draw are suddenly more important that fundamental change in the Boardroom.

It's clear there's still more work to be done.


Bad smells don't disappear until the festering rubbish is fully flushed away

Poll: What are you planning to do v Newport

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Club statement - New directors appointed on 12:54 - Jun 9 with 3353 viewsJames1980

Club statement - New directors appointed on 12:38 - Jun 9 by R17ALE

Bizarrely, the story released yesterday has slipped off the front page of the official site.

You've already got to go looking for it.

So, if you're scratching your head, it's here!

https://www.rochdaleafc.co.uk/news/2021/june/board-of-directors-update/

Planting pansies, seeing the jackpot winner has not been won again, and a Euro draw are suddenly more important that fundamental change in the Boardroom.

It's clear there's still more work to be done.


It is back on the front page but not the main story.

'Only happy when you've got it often makes you miss the journey'
Poll: Is moving to a new location

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Club statement - New directors appointed on 12:56 - Jun 9 with 3352 viewsIOMDale

Club statement - New directors appointed on 12:54 - Jun 9 by James1980

It is back on the front page but not the main story.


If they spent less time reading this messageboard and more time trying to fix their mess...

UTDNFS

1
Club statement - New directors appointed on 13:08 - Jun 9 with 3295 viewsboromat

Club statement - New directors appointed on 12:54 - Jun 9 by James1980

It is back on the front page but not the main story.


I've re-read the article thinking that there may be some tweaks. Nothing stands out but I'm not sure if the last paragraph has been added can anyone remember?

"Other applications to join the board of directors have also been received and are in the process of being reviewed by the board. Further applications will also be welcome. "

Poll: What are we more excited for?

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Club statement - New directors appointed on 13:11 - Jun 9 with 3268 viewskel

Club statement - New directors appointed on 13:08 - Jun 9 by boromat

I've re-read the article thinking that there may be some tweaks. Nothing stands out but I'm not sure if the last paragraph has been added can anyone remember?

"Other applications to join the board of directors have also been received and are in the process of being reviewed by the board. Further applications will also be welcome. "


It was on there originally.
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Club statement - New directors appointed on 13:29 - Jun 9 with 3209 viewsR17ALE

Club statement - New directors appointed on 13:08 - Jun 9 by boromat

I've re-read the article thinking that there may be some tweaks. Nothing stands out but I'm not sure if the last paragraph has been added can anyone remember?

"Other applications to join the board of directors have also been received and are in the process of being reviewed by the board. Further applications will also be welcome. "


You've hit the nail on the head. They want people with a spare £25,000 and expertise to apply to join. This should be the lead story until the fixtures come out, not relegated underneath random rubbish.

I'm going to call out all club bullshittery for evermore. There's some up there who need to look up the word "Honesty".

And "Truthfulness". They'll find it comes soon after Toxic.
[Post edited 9 Jun 2021 13:31]

Poll: Who do you think bury should appoint as their next manager?

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Club statement - New directors appointed on 15:20 - Jun 9 with 2946 viewsA_Newby

This is something like the next statement I would WISH to see from the Dale.

“The new board have met and have agreed a playing budget for next season. The board feel this budget is as generous as it can be and is sufficient to push for automatic promotion back to league 1 next season.

The manager Brian Barry-Murphy has been working to rebuild the squad for next season and is pleased to announce that Eoghan O’Connell, Jimmy Keohane, Matthew Lund, Jay Lynch, Stephen Dooley and Matty Done have all accepted new one- or two-year contacts, some on reduced basic terms but with significant bonuses and pay increases if promotion is achieved.

Jim McNulty has also accepted a new role as player-coach and will work under Andrew Kelly to develop our successful academy further, bringing on the next batch of Dale youngsters.

Our two first-year scholars Brad Kelly and Peter Thomas have accepted their first professional contacts signing for the club for two years with an optional extra year. Congratulations Brad and Peter.

Of the remaining squad currently under contract none have expressed a desire to move on from the club and some are in negotiations for contract extensions.

Brian is seeking to further strengthen the squad looking to sign a central defender and full back. He then hopes to later bolster the squad in key positions with 2 to 4 loanees from higher up the football pyramid.

Further details regarding changes in the clubs board, governance and leadership will be made before the end of June.”
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Club statement - New directors appointed on 15:27 - Jun 9 with 2926 viewsSuddenLad

Club statement - New directors appointed on 15:20 - Jun 9 by A_Newby

This is something like the next statement I would WISH to see from the Dale.

“The new board have met and have agreed a playing budget for next season. The board feel this budget is as generous as it can be and is sufficient to push for automatic promotion back to league 1 next season.

The manager Brian Barry-Murphy has been working to rebuild the squad for next season and is pleased to announce that Eoghan O’Connell, Jimmy Keohane, Matthew Lund, Jay Lynch, Stephen Dooley and Matty Done have all accepted new one- or two-year contacts, some on reduced basic terms but with significant bonuses and pay increases if promotion is achieved.

Jim McNulty has also accepted a new role as player-coach and will work under Andrew Kelly to develop our successful academy further, bringing on the next batch of Dale youngsters.

Our two first-year scholars Brad Kelly and Peter Thomas have accepted their first professional contacts signing for the club for two years with an optional extra year. Congratulations Brad and Peter.

Of the remaining squad currently under contract none have expressed a desire to move on from the club and some are in negotiations for contract extensions.

Brian is seeking to further strengthen the squad looking to sign a central defender and full back. He then hopes to later bolster the squad in key positions with 2 to 4 loanees from higher up the football pyramid.

Further details regarding changes in the clubs board, governance and leadership will be made before the end of June.”


Bloody hell, I'd be doing somersaults if this was an official press release. We can only hope.

“It is easier to fool people, than to convince them that they have been fooled”

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Club statement - New directors appointed on 15:52 - Jun 9 with 2852 viewsToffeemanc

Club statement - New directors appointed on 15:20 - Jun 9 by A_Newby

This is something like the next statement I would WISH to see from the Dale.

“The new board have met and have agreed a playing budget for next season. The board feel this budget is as generous as it can be and is sufficient to push for automatic promotion back to league 1 next season.

The manager Brian Barry-Murphy has been working to rebuild the squad for next season and is pleased to announce that Eoghan O’Connell, Jimmy Keohane, Matthew Lund, Jay Lynch, Stephen Dooley and Matty Done have all accepted new one- or two-year contacts, some on reduced basic terms but with significant bonuses and pay increases if promotion is achieved.

Jim McNulty has also accepted a new role as player-coach and will work under Andrew Kelly to develop our successful academy further, bringing on the next batch of Dale youngsters.

Our two first-year scholars Brad Kelly and Peter Thomas have accepted their first professional contacts signing for the club for two years with an optional extra year. Congratulations Brad and Peter.

Of the remaining squad currently under contract none have expressed a desire to move on from the club and some are in negotiations for contract extensions.

Brian is seeking to further strengthen the squad looking to sign a central defender and full back. He then hopes to later bolster the squad in key positions with 2 to 4 loanees from higher up the football pyramid.

Further details regarding changes in the clubs board, governance and leadership will be made before the end of June.”


If Carlsberg did board statements ........

Poll: Now the club has refused to move on sesaon ticket prices what will you now do?

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Club statement - New directors appointed on 16:53 - Jun 9 with 2699 views442Dale

https://rochdaleafcnews.com/2021/06/09/three-wise-men-who-aim-to-give-rochdale-a

Now there’s a statement. Really encouraging with a commitment to moving forward.

Thanks to Fitzochris for his work, as ever.

Poll: Greatest Ever Dale Game

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Club statement - New directors appointed on 17:35 - Jun 9 with 2583 viewsR17ALE

Club statement - New directors appointed on 16:53 - Jun 9 by 442Dale

https://rochdaleafcnews.com/2021/06/09/three-wise-men-who-aim-to-give-rochdale-a

Now there’s a statement. Really encouraging with a commitment to moving forward.

Thanks to Fitzochris for his work, as ever.


That sounds promising. Particularly the bit about allowing fans to buy any unsold shares.

After the last few weeks' shenanigans, I'd expect demand to be quite high.

It was also refreshing to see him emphasize "Honesty".

Poll: Who do you think bury should appoint as their next manager?

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Club statement - New directors appointed on 17:36 - Jun 9 with 2579 viewsblackdogblue

Club statement - New directors appointed on 16:53 - Jun 9 by 442Dale

https://rochdaleafcnews.com/2021/06/09/three-wise-men-who-aim-to-give-rochdale-a

Now there’s a statement. Really encouraging with a commitment to moving forward.

Thanks to Fitzochris for his work, as ever.


Great Article 👍

I watched Jurassic Park the other day as well 😀

Poll: Prediction League ... Continue or have a World Cup Break?

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Club statement - New directors appointed on 17:39 - Jun 9 with 2567 views442Dale

Club statement - New directors appointed on 17:36 - Jun 9 by blackdogblue

Great Article 👍

I watched Jurassic Park the other day as well 😀


If people can’t relate any aspect of life to Jurassic Park, they’re missing out.

Can the new board make Desmond a velociraptor?

Poll: Greatest Ever Dale Game

1
Club statement - New directors appointed on 17:51 - Jun 9 with 2533 viewsfunkkk

Club statement - New directors appointed on 16:53 - Jun 9 by 442Dale

https://rochdaleafcnews.com/2021/06/09/three-wise-men-who-aim-to-give-rochdale-a

Now there’s a statement. Really encouraging with a commitment to moving forward.

Thanks to Fitzochris for his work, as ever.


Hard to not be encouraged by anything yer man says there. Hopefully better days are on the horizon.
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Club statement - New directors appointed on 18:50 - Jun 9 with 2375 viewsD_Alien

If our shareholders and fans were a T-Rex, who do we want to be sat on t' bog?


Poll: What are you planning to do v Newport

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Club statement - New directors appointed on 18:59 - Jun 9 with 2328 viewskel

Excellent article that and thanks to Simon for being one of the ones to step up to the plate. Didn’t rule out the investor/owner route but acknowledged it should be put to the shareholders first which is all I think the fans ever wanted. The ones who tried to sneak it in through the back door should be ashamed of themselves imo.
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Club statement - New directors appointed on 19:08 - Jun 9 with 2276 views442Dale


Poll: Greatest Ever Dale Game

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Club statement - New directors appointed on 19:29 - Jun 9 with 2197 viewsRAFCBLUE

Club statement - New directors appointed on 19:08 - Jun 9 by 442Dale



Financial accounts for the year to 31 May 2020 and AGM by RAFCBLUE 26 Mar 2021 17:15
(I'm going to leave this thread here and I can update the OP to cover any added points anyone else might have.)

The club's financial accounts for the year to 31 May 2020 are due to be published by Monday 31 May 2021 and an AGM called.

Usually, the club would need to publish its accounts for this year within 9 months of the year end (i.e. by 28 February 2021) but the Government have given all companies an optional 3 month extension due to Covid-19.

The club appear to be taking that optional extension even though I am sure that the financial performance for that year will be known. The prior year accounts to 31 May 2019 were signed on 3 February 2020.

Opening net assets (on 1 June 2019) were £1,360,167 and opening cash balances were £408,206. The 31 May 2020 equivalents are keenly awaited.

Whilst Covid-19 ended the season early, operationally the financial year saw:
* League 1 status retained
* 34 (of 46) scheduled league games played due to Covid-19. Of the unplayed games 7 were home fixtures and 5 away fixtures.
* FA Cup 3rd Round reached with 5 FA Cup games and defeat vs Premier League side Newcastle, including a televised game.
* EFL Cup 3rd Round reached with 3 EFL Cup games and defeat vs Premier League side Manchester United
* Dan Adshead sold to Norwich on 1 July 2019
* Luke Mathewson sold to Wolves on 31 January 2020
* Closure of the Goldbond and the launch of its replacement the Dale Lotto.
* We invested in a new pitch, though the work was done after the 31 May 2020 deadline, the financial commitment was made before.
* Craig Dawson add on monies were due from West Brom.

On the subject of the AGM:
* The AGM for the 31 May 2019 accounts was postponed due to Covid-19. It should have taken place on 23 March 2020 which was the first day of lockdown.
* An EGM, relating to the sale of additional shares and granting statutory powers for the existing board was also posted for 23 March 2020 but did not take place.

As RAFC’s Articles of Association do not contain an express power to postpone a General Meeting, legally it means that the meetings will still need to take place in order for them to be adjourned indefinitely. Therefore, on 23 March 2020, ordinary resolutions to adjourn the meetings were proposed by those in attendance. It was anticipated that this will be the only business of the meetings.

Consequently, there was no expectation of wider shareholder attendance at the meetings beyond that of the Board of directors. While shareholders or a proxy are still entitled to attend and vote, they were strongly advised not to.

As a date for the adjourned meetings has not yet been fixed, it means that fresh notices will be sent out prior to any adjourned meetings taking place. RAFC will have to provide 21 days’ notice prior to any adjourned meetings taking place. At the time of this post there has been no notice as when to reschedule the meetings, but noting that the country is still subject to national lockdown restrictions.

The last successful AGM held was on 7 May 2019.

Apologies this is a long post but will all going on at the club, I feel it needs prominence over the next 60 days.




24th May:
"An observation from the publicly available filings that its arrogant to file the accounts at Companies House when they have not been approved by the shareholders.

It's even more arrogant to file something without that approval that is riddled with basic factual and presentation errors.

For instance:
a) there is an error page showing from the accounting software used to check their accuracy
b) Page 19 is missing
c) On the Report of the Directors on Page 4 it says

"The directors shown have held office during the whole of the period from 1 June 2019 to the date of this report" (which is 17 May 2021)

It then proceeds to list Andrew Kilpatrick who resigned on 18 February 2021 and notes further down he resigned on 18 February 2021.

There are loads of errors.

The report is signed off by Mr Bottomley dated last Monday - so he has either not reviewed these full or has been severely let down by the people who have prepared them.

I suspect it is one for the shareholders to ask open why these mistakes are happening at the appropriate point of the AGM. "


We'd picked up there were loads of errors.

Worryingly, neither Mr Grindrod (a professionally qualified accountant) or Mr Bottomley (who signed off those accounts before shareholders opined) spotted those mistakes.

It does make you question the general level of confidence, in what is quite a simple set of accounts.

George Bernard Shaw had it right: "He who can does; he who cannot, teaches." https://www.visittheusa.co.uk/
Poll: EGM - which way are you voting?

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Club statement - New directors appointed on 19:43 - Jun 9 with 2129 viewsrochedale

Any guesses/hopes for the fourth director? With GR leaving maybe someone like Ben Boothman should take his place. No doubt Ben is up to his eyes in it due to his recent successes, but he’d be a good shout IMO.

Poll: 24/25 season ticket, how many free games would you consider fair?

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Club statement - New directors appointed on 19:51 - Jun 9 with 2084 viewsJames1980

Club statement - New directors appointed on 19:43 - Jun 9 by rochedale

Any guesses/hopes for the fourth director? With GR leaving maybe someone like Ben Boothman should take his place. No doubt Ben is up to his eyes in it due to his recent successes, but he’d be a good shout IMO.


Is that the chap with The Flyer, Baum etc? If his company took over all catering including 'The Pies' that would be great.

'Only happy when you've got it often makes you miss the journey'
Poll: Is moving to a new location

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Club statement - New directors appointed on 20:07 - Jun 9 with 2029 viewsrochedale

Club statement - New directors appointed on 19:51 - Jun 9 by James1980

Is that the chap with The Flyer, Baum etc? If his company took over all catering including 'The Pies' that would be great.


It is. He’s a thoroughly decent chap too. He is a big rugby fan, not so sure about the Dale, even though his is up there every home game. His company deal with the catering, but only in the 1907 Lounge, I think.
[Post edited 9 Jun 2021 20:19]

Poll: 24/25 season ticket, how many free games would you consider fair?

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Club statement - New directors appointed on 20:20 - Jun 9 with 1965 viewsJames1980

Club statement - New directors appointed on 20:07 - Jun 9 by rochedale

It is. He’s a thoroughly decent chap too. He is a big rugby fan, not so sure about the Dale, even though his is up there every home game. His company deal with the catering, but only in the 1907 Lounge, I think.
[Post edited 9 Jun 2021 20:19]


Be definitely worth having someone like him on board.

'Only happy when you've got it often makes you miss the journey'
Poll: Is moving to a new location

0
Club statement - New directors appointed on 21:01 - Jun 9 with 1834 viewsBeechball

Club statement - New directors appointed on 16:44 - Jun 8 by TVOS1907

I only know one of them and he's definitely a supporter who was there in Barrow and Parkin's days, maybe even earlier.

It might be just as well Cheltenham got promoted though...


Just caught your drift TVOS. This is the guy who did a streak for the cameras at the Cheltenham game in '99 yes ? Didn't he go on to be a soap actor in Brookside and Hollyoaks ?
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Club statement - New directors appointed on 21:29 - Jun 9 with 1732 viewsJPSDale

Club statement - New directors appointed on 19:29 - Jun 9 by RAFCBLUE

Financial accounts for the year to 31 May 2020 and AGM by RAFCBLUE 26 Mar 2021 17:15
(I'm going to leave this thread here and I can update the OP to cover any added points anyone else might have.)

The club's financial accounts for the year to 31 May 2020 are due to be published by Monday 31 May 2021 and an AGM called.

Usually, the club would need to publish its accounts for this year within 9 months of the year end (i.e. by 28 February 2021) but the Government have given all companies an optional 3 month extension due to Covid-19.

The club appear to be taking that optional extension even though I am sure that the financial performance for that year will be known. The prior year accounts to 31 May 2019 were signed on 3 February 2020.

Opening net assets (on 1 June 2019) were £1,360,167 and opening cash balances were £408,206. The 31 May 2020 equivalents are keenly awaited.

Whilst Covid-19 ended the season early, operationally the financial year saw:
* League 1 status retained
* 34 (of 46) scheduled league games played due to Covid-19. Of the unplayed games 7 were home fixtures and 5 away fixtures.
* FA Cup 3rd Round reached with 5 FA Cup games and defeat vs Premier League side Newcastle, including a televised game.
* EFL Cup 3rd Round reached with 3 EFL Cup games and defeat vs Premier League side Manchester United
* Dan Adshead sold to Norwich on 1 July 2019
* Luke Mathewson sold to Wolves on 31 January 2020
* Closure of the Goldbond and the launch of its replacement the Dale Lotto.
* We invested in a new pitch, though the work was done after the 31 May 2020 deadline, the financial commitment was made before.
* Craig Dawson add on monies were due from West Brom.

On the subject of the AGM:
* The AGM for the 31 May 2019 accounts was postponed due to Covid-19. It should have taken place on 23 March 2020 which was the first day of lockdown.
* An EGM, relating to the sale of additional shares and granting statutory powers for the existing board was also posted for 23 March 2020 but did not take place.

As RAFC’s Articles of Association do not contain an express power to postpone a General Meeting, legally it means that the meetings will still need to take place in order for them to be adjourned indefinitely. Therefore, on 23 March 2020, ordinary resolutions to adjourn the meetings were proposed by those in attendance. It was anticipated that this will be the only business of the meetings.

Consequently, there was no expectation of wider shareholder attendance at the meetings beyond that of the Board of directors. While shareholders or a proxy are still entitled to attend and vote, they were strongly advised not to.

As a date for the adjourned meetings has not yet been fixed, it means that fresh notices will be sent out prior to any adjourned meetings taking place. RAFC will have to provide 21 days’ notice prior to any adjourned meetings taking place. At the time of this post there has been no notice as when to reschedule the meetings, but noting that the country is still subject to national lockdown restrictions.

The last successful AGM held was on 7 May 2019.

Apologies this is a long post but will all going on at the club, I feel it needs prominence over the next 60 days.




24th May:
"An observation from the publicly available filings that its arrogant to file the accounts at Companies House when they have not been approved by the shareholders.

It's even more arrogant to file something without that approval that is riddled with basic factual and presentation errors.

For instance:
a) there is an error page showing from the accounting software used to check their accuracy
b) Page 19 is missing
c) On the Report of the Directors on Page 4 it says

"The directors shown have held office during the whole of the period from 1 June 2019 to the date of this report" (which is 17 May 2021)

It then proceeds to list Andrew Kilpatrick who resigned on 18 February 2021 and notes further down he resigned on 18 February 2021.

There are loads of errors.

The report is signed off by Mr Bottomley dated last Monday - so he has either not reviewed these full or has been severely let down by the people who have prepared them.

I suspect it is one for the shareholders to ask open why these mistakes are happening at the appropriate point of the AGM. "


We'd picked up there were loads of errors.

Worryingly, neither Mr Grindrod (a professionally qualified accountant) or Mr Bottomley (who signed off those accounts before shareholders opined) spotted those mistakes.

It does make you question the general level of confidence, in what is quite a simple set of accounts.


Im NOT a Bottomley fan, but its not fair or reasonable to blame these errors on him or Nick Grindrod. As you have been on Companies House and read who has signed what, I am guessing you know a little bit about the documents and the processes which these documents will have followed...

Wyatt Morris Golland also signed the accounts in their role as Auditor ( you did not mention this), for which they are paid a reasonable sum of money. WMG will then have submitted the documents to Companies House. DB, NG and any other official could have seen the correct document only for WMG errors to enable incorrect documents to be submitted, seemingly for the club officials to "carry the can" publicly for the mistake

WMG have been the paid auditors of the accounts for many years, only loosing the business for a couple of years when they lost the job due to a comparable firm quoting better terms. I agree, these are simple errors which need addressing, perhaps this issue will spur on a review of the appointment of paid Auditors with a view to a change as well as other changes being pushed along at the club
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Club statement - New directors appointed on 21:30 - Jun 9 with 1718 viewsTVOS1907

Club statement - New directors appointed on 21:01 - Jun 9 by Beechball

Just caught your drift TVOS. This is the guy who did a streak for the cameras at the Cheltenham game in '99 yes ? Didn't he go on to be a soap actor in Brookside and Hollyoaks ?


Yes, that's right.

Undoubted knowledge? Or just the application of common sense and using my brain?

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