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Curious to know what interestedbystander and a few others think Hilton’s endgame is?
He’s walked into a loss making club on its knees with no tangible assets. Thus far, 1.3m has gone into the club to pay wages and taxes.
Even if he got his hands on the ground. He’d be the best part of £5m down and would have nightmare getting planning through for anything of note.
There doesn’t seem to be much juice left to squeeze ?
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Agreed Rich. In fairness he was not making promises, and only gave supporters estimates to what he was hoping to work too. It may have been naive to put dates out as people will hold to him that.
I also wonder what the legal ramifications will be for him in terms of the NDA’s, he certainly stuck a grenade in them and pulled the pin tonight.
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It was about as candid as a fans forum you are likely to see.
Hilton did a complete character assassination on Swann; it felt abit uncomfortable after the first couple of jokes, however it was an easy clap in the room
The deal for the land has fallen through because of an unregistered piece of land in the car park- a piece of land that miraculously avoided detection when the land passed from Wharton to Swann. The strip of land can be used as a ransom strip against the club and hinders insuring the land. In addition the planning permission has expired on the apartments which will also require significant ground works due to being in a flood zone. There is an also a massive discrepancy in land valuations- Hilton had to agree on the original price to purchase the club and save us from going bust. It was that black and white: buy the club without carrying out due diligence or we were out of business.
Hilton has bought the land at Glebe road to build a new ground. The council are on board with this and I know this to be a fact, they proposed the land to him. The funding will come from multiple sources; the levelling up fund being one such source. No confirmation on design or capacity as it’s too early. The biggest obstacle will be land remediation work; Initial surveys have come back ok. However, no-one knows what was dumped there. Hilton is further ahead with progressing with the new ground than I Initially thought. He he hoping for planning in 3 months with completion set in 24 months.
In the short term, he hopes we remain at Glanford park. This is where it gets confusing and to be honest I can’t explain it well; he is sub letting the ground from himself, to the club for a minimum of 12 months but hoping for 24 months. He expects Swann to sue him personally for this. He is willing to pay Swann £20,000 a month to lease the ground but they are no longer in speaking terms. This will get incredibly messy as we all know Swann will fight this tooth and nail.
Hilton has paid off the tax bill in full and covering the wages since his purchase. Approx £200,000 a month in which less than 50% is spent on players- a truly shocking statistic.
The club is making little to no money on secondary spending, Ie food/drink/hospitality etc. we even lost money from the Oldham game due to policing costs. Whatever you think of the new ground, you surely must accept that GP is no longer fit for purpose in its current state.
Hilton also wants to invest £2million into a training facility, within scunthorpe, it will have 4g pitches/restaurant and possibly player accommodation. The site will be revealed soon and he is working with the council to develop this.
They are going out to win the league next year and are going to over spend “without being reckless” before moving to a sustainable model. This bit made me feel uneasy after our last endeavours but can we afford to spend years in the NLN?
Overall, I left the meeting feeling more optimistic than I have in years. However, we have all been here before haven’t we? I’ll continue to question decisions and remain cautious until we see action rather words. In the meantime he has my backing and I’ll encourage others to get behind the club as we really need to pull together now.
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If that’s the case Cliff, why did you post ‘ground’ earlier? Some people are targeting other posters for posting rumours and conspiracy theories but in all fairness, you seem to be doing no different?
Rumours and conspiracy theories have no evidence to back them up; See transfer embargo, or Ilkeston Iron for a couple
Of recent ones.Siderite asked if the land was acquired was for training pitches- it was ‘acquired’ for a possible location of a ground in the future. No conspiracy theory there?
My opinion- not a rumour- is that the deal is More of a contingency plan for the future if the deal does collapse , and also for Hilton to be in a stronger negotiating position
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Nothing wrong with Simon voicing an opinion, he has no formal capacity at the club as far as I’m aware so he can post what he likes.
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Training pitches? I would have thought buying GP would make more sense than building a new ground here. Surely it’s cheaper, especially as this site will almost certainly need remediation.
Ground.
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just seen a rumour on twitter we are also under a transfer embargo until the pensions are up to date🤡🤡🤡
Whoops
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Final place to be confirmed. Looking likely it will be Bishop’s stortford
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Pat O Cake is a hilton apologist and no doubt be will be applauding like a seal when he announces the deal has gone to shit and we won’t be playing at Glanford in august. i am also sure it will be Swann fault that hilton hasn’t got the money to pay what he owes and what he agreed
Poor form.
Everyone is basing an opinion on different information. You probably know more information than Pat, I probably know more than you, and there’s someone how probably knows more than me.
If/when the deal does collapse, it will another horrific chapter in our recent history and potentially one that could cost the club its existence.
Ease off.
Chester and Kings Lynn staying down.
Wouldn’t mind seeing the back of Brackley who face Kidderminster in the final
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Good on them for giving it a go, more iron content the better. Not particularly a fan of the non-Iron talk but each to their own and them seem to have plenty tuning in.
Do miss the regular instalments of Iron Bru though.
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At some point, we are going to have to realise that just changing all the players every 6 months isn’t going to solve our problems. Where’s the coaching? When is a manager going to improve some players and get more out of them? What about the people signing the players and scouting new ones?
This endless churn just creates instability.
The coaching aspect is a good point. We’ve had players look utter dross or bang average and go on to significantly improve elsewhere. Hill/Hurst in particular are good football league managers, why could they not turn the tide?
Our failures are systemic and pass from one manager to the next and one group of players to the next. Hopefully Hilton can change the culture at the club; No mean feat.
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Beestin is under contract too; he’d be one of the first out of the door for me along with O’Malley. Those lads are conditioned to losing, along with Tom Pugh who hasn’t displayed enough for me to warrant a new deal
For the rest of the players, the first thing I’d be doing if I was Dean is getting them 1-1 and asking them why they want to stay And what they can offer. If the answers aren’t satisfactory then they’d be going on the transfer list.
This is one of the worst Scunthorpe United teams in our history and they have downed tools for a good part of this year. They have got away lightly in my opinion.
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A.F.C. Fylde going up as champions, pleased to see the back of them as they are full time and looked to have been bankrolled the last few years. Gloucester enter the play offs, replacing Scarborough who we are destined to play mid winter on a Tuesday night.
At the other end Northumbiron will be pleased to see Blyth managing to survive. Elsewhere Russ Wilcox and Andy butler have helped keep Farsley Celtic up, retaining a localish trip for iron fans Next year
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After reading that document I can’t see there being too many complaints about the pies…
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