Cavendish Financial Share Discussion Threads

[marquis] 24/9/2002 09:40

hilary - 23 Sep'02 - 22:26 - 9 of 9

Thank you for replying. It is interesting what you write, I quote;

"I agree wholeheartedly with Ken Bates' comments. The statistics speak for themselves - 2 FA Cups, 1 Cup Winners Cup, 1 League Cup, 1 Super Cup, 1 Charity Shield - all since 1997."

Whilst Ken Bates quoted a different argument to 'mock' (A word you mentioned), the 1970's team, which was league position. I quote his comments from The Sun;

"Where did that team ever get in the league? I'll tell you - nowhere. You measure the strength of a club by its position in the table - and the team of the early 70s had nothing to boast about in that respect."

Hilary the statistics you speak of, "2 FA Cups, 1 Cup Winners Cup, 1 League Cup, 1 Super Cup, 1 Charity Shield - all since 1997." Weren't most of these won under Vialli and he got the sack, because in essence the 1990s team league form was poor at the start of the season. Which takes us back to Ken Bates mocking comments about the 1970s team.

"Where did that team ever get in the league? I'll tell you - nowhere. You measure the strength of a club by its position in the table - and the team of the early 70s had nothing to boast about in that respect."

You quote statistics, "2 FA Cups, 1 Cup Winners Cup, 1 League Cup, 1 Super Cup, 1 Charity Shield - all since 1997." But it took 26 years for Chelsea Football Club to win a major trophy after the 1970 FA Cup and 1971 Cup Winners Cup. Whilst 'mocking' the 1970s Cup winning side and the 1990s Cup winning manager, correct me if I am wrong, but Ken Bates doesn't mock the Chelsea side of the 1980's or any side which has not won anything to the same degree.

I wonder why that is?

[hilary] 23/9/2002 22:26

Marquis,

I agree wholeheartedly with Ken Bates' comments. The statistics speak for themselves - 2 FA Cups, 1 Cup Winners Cup, 1 League Cup, 1 Super Cup, 1 Charity Shield - all since 1997.

Is Bates actually mocking the old players though? Depends upon how sensitive you are, I suppose. If Osgood wants to take offence at the remarks, then that's his problem.

[marquis] 23/9/2002 18:51

hilary - 23 Sep'02 - 18:42 - 7 of 7

Good day to you, I haven't heard from you in a while, and I hope you are well.

Your comment;

"It's a bit like putting rear view mirrors in cars. A waste of time, imo.
Who's interested in where you've been? It's where you're going that's more important."

Do you agree with Ken Bates, I quote?

"THE Chelsea glory days of the early 70s are a myth - according to Blues chairman Ken Bates.
Controversial Bates said: "What did the likes of Peter Osgood and Alan Hudson actually achieve for the club? Between them they won two cups...it was nothing."

Hilary, is Ken Bates right to mock the old players like this?

[hilary] 23/9/2002 18:42

It's a bit like putting rear view mirrors in cars. A waste of time, imo.

Who's interested in where you've been? It's where you're going that's more important.

[marquis] 23/9/2002 18:03

I`M A FOX - 23 Sep'02 - 17:54 - 5 of 5
surely Bates is missing the point, Chelsea was turned into a fashionable club by the team of the early 1970`s and that legacy is why they are so well supported now

I couldn't agree more and it seems a strange state of affairs, if true, to ridicule and be so disrespectful of so many past players.

[i`m a fox] 23/9/2002 17:54

surely Bates is missing the point, Chelsea was turned into a fashionable club by the team of the early 1970`s and that legacy is why they are so well supported now

[marquis] 22/9/2002 00:30

Os and Co did nothing
By SHAUN CUSTIS

THE Chelsea glory days of the early 70s are a myth - according to Blues chairman Ken Bates.

Controversial Bates said: "What did the likes of Peter Osgood and Alan Hudson actually achieve for the club? Between them they won two cups...it was nothing.

"Where did that team ever get in the league? I'll tell you - nowhere. You measure the strength of a club by its position in the table - and the team of the early 70s had nothing to boast about in that respect.

"Look at the Chelsea of today and you can see consistency.

"We've been in Europe for the last six years and never finished lower than sixth in that time."

Bates caused a stir in the summer when he relieved Osgood of his duties as a host at Stamford Bridge.

That provoked a fierce backlash from the former striker. But Bates insisted: "Some of those old players still think the world owes them a living because they scored a few goals 30 years ago. Well, it doesn't.

"This is a different Chelsea to the one they played for and, over the last few years, a lot more successful."

Chelsea won the FA Cup in 1997 and 2000, the League Cup and European Cup Winners' Cup four years ago, and the European Super Cup a year later.

But the 70s team is still considered a golden era in Blues' folklore.

The names of Osgood, Hudson and Ron 'Chopper' Harris are the stuff of Stamford Bridge legend.

Chelsea won the FA Cup in 1970 after a replay against Leeds.

And, with Hudson on board the next season, they followed that up with a Cup Winners' Cup victory against Real Madrid after two games.

Those days are still talked about with misty-eyed reverence by the older members of the Blues' faithful.

But Bates insisted: "All that golden era stuff is nonsense, it wasn't.

"The players here are sick and tired of hearing about it.

"The golden era is the late 90s and - hopefully - now, with manager Claudio Ranieri.

"I remember when we were walking out for the 1997 FA Cup final and our coach Steve Clarke turned to Dennis Wise and told him it was the club's chance to put those ghosts to rest.

"We won - but they still haven't gone away completely."

Bates made his comments to SunSport the day before it was announced former Blues striker Ian Hutchinson had died of Parkinson's Disease at the age of 54.

Hutchinson was a goal-scoring hero in the 1970 final.

[the bearer] 21/9/2002 14:43

Ian Hutchinson was an unsung hero.He broke nearly every bone in his body for Chelsea.I hope they name a stand after him.May he rest in peace.

[marquis] 23/8/2002 08:46

Chelsea stars must grow up
By MARK IRWIN (The Sun)

JOHN TERRY and Jody Morris risk destroying their careers if they do not learn from their Crown Court escape.

That is the stark warning to the Chelsea stars after both walked free last night after being cleared of charges of GBH, wounding and affray charges.

Stamford Bridge legend Peter Osgood said: "Both players have got to grow up and live up to their responsibilities.

"They must realise that they can't go out drinking at night and acting like normal fans.

"They are paid so much money and people look up to them. They've got to be careful where they go."

MORRIS ... future at Stamford Bridge in doubt

Ossie predicts defender Terry can be an England regular if he can get his career back on the straight and narrow.

But he believes that pint-sized midfielder Morris, 23, has to quit the club after one breach of discipline too many. The pair's pal, Wimbledon defender Des Byrne, 21, was convicted of possessing an offensive weapon.

BYRNE ... Wimbledon star was found guilty

Osgood added: "I hope a lot of good comes out of this sorry incident."

England boss Sven Goran Eriksson rates former Under-21 captain Terry highly and is glad to have him back.

[marquis] 16/7/2002 11:09

CHELSEA legend Peter Osgood has been sacked by the club in a cost-cutting exercise. The club's greatest goalscorer has been told by chairman Ken Bates his services as a match-day host are no longer required.

Astonishingly, the Stamford Bridge club, where tickets are the most expensive in British football, will save a mere £200 a week by dumping 55-year-old Ossie. Osgood, who was idolised by Chelsea fans during the 60s and 70s, admitted: "I'm absolutely gutted by what has happened."

The shock move underlines the depth of the cash crisis facing a club currently £95million in the red.




CHELSEA SACK OSGOOD TO SAVE £10K Bates has shown me a lack of respect, claims Blues legend. By John Cross
CHELSEA legend Peter Osgood last night accused Ken Bates of treating him without any respect after he was sacked to save the cash-strapped club £10,000-a-year.
Osgood, 55, was axed yesterday after eight years as a matchday host for executive fans and insisted he paid the price for a "clash of personalities" with the Blues chairman.
Former England star Osgood, who is one of Chelsea's all-time great players, only found out that he had been sacked when Bates wrote to him.

[marquis] 10/7/2002 09:03

Hilary,

You mention bid rumours doing the rounds. Have you seen articles on the internet? If so, please could you put a couple of the internet links on this thread. Thanks.

[irmster] 08/7/2002 11:21

so where did the 24.5m shares sold by Swan Management that Ken Bates did not buy end up, or has an 11% shareholding just gone missing?

[hilary] 08/7/2002 11:19

Marquis,

The stock has been rising on the back of a bid rumour (35p??) doing the rounds. Seeing as the rumour started around the same time as Swan went clear, it's my guess that the story has been spread by market makers looking to balance their books.

[marquis] 08/7/2002 11:04

The Company was notified on 28 June 2002 that Mayflower Securities Limited, a
company connected with Ken Bates, had purchased on 28 June 2002, a total of
20,000,000 ordinary shares of Chelsea from Swan Management Limited at 18 pence
per share. As a result, Ken Bates is now interested in 50,000,000 ordinary
shares, representing 29.5 per cent. of the issued share capital of the Company.

The Company was also notified on 28 June 2002 that Swan Management Limited had,
on 28 June 2002, disposed of its entire holding of 44,586,347 shares,
representing 26.3% of the issued ordinary share capital of the Company and now
no longer has a notifiable interest.
_______________________________________________________________________________

As a result the shares have climbed 10p in a matter of days!

Comments

[hotspur] 28/6/2002 17:32

Stanley Tollman bails out - perhaps he didn't want to be associated with a scandal at two bankrupt hotel groups...

Allegedly of course ;0)

[monacoman] 28/6/2002 15:06

All the way too Zero

[hilary] 28/6/2002 11:52

Marquis,

There is currently no reason to buy this stock, imo. I do not have a target on them.

[marquis] 28/6/2002 11:19

Hilary,

I thought I might as well ask you on the right thread.

How low do you think these will go?

[marquis] 01/6/2002 11:04

What do others make of this announcement?;

LONDON (AFX) - Chelsea Village PLC, owners of premier league soccer club
Chelsea, said its chief executive Michael Russell has left with effect from
today.
Trevor Birch, chief executive of Chelsea Football Club, will take over the
role of chief executive of Chelsea Village PLC.