The role of Dave Jones (not the Cardiff one) in all this mess

[Totton Red]

OK so it is now tomorrow over here so here is todays NEW blame game post

 

It's all Jeff Mostyn's fault.

 

You see all last summer and early parts of the season we had a veritable procession of Tyre Kickers being dragged screaming to the front door of SMS by "uber-salesman" LLS.

 

Day in and day out there was nothing but bidders fighting bidders to buy the dream of the global Saints Brand and the David Beckham schools of excellence.

 

Each day a new hope burned bright, allowing our Directors to realise that THE deal was just around the corner so spend spend spend and keep the fans happy and GB in the de Vere Bar Bills (allegedly)

 

But then the evil Mostyn lured LLS to bring his brand of excellence in takeover deals to Bournemouth and lo and behold, the flood dried up. LLS was happily installed as the man to take Bournemouth into the PL, his tyre kickers flooded after him, leaving us with only Leon and his dreams of Salz.

 

Yep we went from spending money because so many people wanted to buy us to oh sh*t we're skint in a matter of weeks.

 

So ladies and gentlemen, our current mess is all due to Mostyn if he hadn't diverted the uber-takeover expert...

 

Curtains for Bournemouth and maybe just some roller blinds for us to cover the corners.

 

Who's turn is it on Friday?

 

Oh that's an easy one then:-)

 

A little Tate's and Campbell's?

[LostBoys]

Mr Jones was financial director or it may have been controller with the infamous Retirement Securities whatever and came into the club with Lowe and Cowan.

 

I cannot comment about his capability but in terms of the public face of the club, accounts etc this is managed in a proper manner. What has occurred beneath that may be another matter but should not be pre-judged as he cannot be blamed for relegation, loss of parachute payments and a list of over paid poorly performing players as Burley used SFC to settle his previous obligationsto those players.

 

Howver to be financial director of a Plc which goes into administration would seem to be heading in the direction of retirement security rather than a good career move.

[Sold To The Man @ The Bar]

Jones attends the AGMs I believe. A couple of interesting points on this thread: first, I've never worked in any organisation where the financial director was not extremely influential in the running of the business - far more than just a bean-counter, in other words; second, another poster mentioned that the FD is often the first to go when a business hits the skids - again, this is something I've seen on a few occasions.

 

My guess on this is that Jones has never had (and maybe has never sought) the level of influence FDs normally wield, and has effectively been a bean-counter and little more; thus, he's been safe in his position, partly because he's never been perceived as a threat.

 

Good post, an FD would normally be very influential on the direction of a company. They not only preparing the accounts but show due diligence to the auditors that the company is not insolvent and able to meet its obligations (VAT, PAYE etc).

 

He would advise the fellow directors of the exact financial position of the business and if they are trading within budgets set.

 

Dave Jones will have been fully aware if we had the funds to buy players, at what point we would be up to any credit lines given.

 

Dave Jones would therefore be very aware of what state SFC plc was heading and could, allegedly, be part of the state by not standing up and being counted.