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    Sore loser

    Posted by The Questioner on 14/2/2026, 22:15:34

    So just back to my hotel feeling very angry after watching England get beaten by the sweaties…..
    Luton also got stuffed by a team who finished below us last season, didn’t get prem parachute money and had a transfer embargo.
    Feel free to check how much their ceo is paid….ours takes 25% of all season ticket sales …and don’t give me yet but Brown gets a mill…he is an employee …we are rotten!!!

      Re: Sore loser

      Posted by Voice of reason on 15/2/2026, 7:45:40, in reply to "Sore loser"

      Questioner? You should ask yourself a few. Start with ‘why do I feel the need to make up and post bollocks’

        Re: Sore loser

        Posted by The Questioner on 15/2/2026, 10:17:30, in reply to "Re: Sore loser"

        What bit is made up? Going to be on the train for 5 hours so you have lots of time to do some research….and you question my moniker 😁

        As of the financial year ending May 2022, the highest-paid director at Cardiff City, identified as CEO Ken Choo, was paid £121,000 annually, which averages to approximately £10,083 per month. This marked a significant reduction from previous years,linked to a move to a part-time role at the club.

          Re: Sore loser

          Posted by bbb on 15/2/2026, 7:47:27, in reply to "Re: Sore loser"
          WUM 2

          Which part is made up please?

            Re: Sore loser

            Posted by Voice of reason on 15/2/2026, 7:54:43, in reply to "Re: Sore loser"

            Google directors salaries. It’s not difficult

              Re: Sore loser

              Posted by bbb on 15/2/2026, 7:56:31, in reply to "Re: Sore loser"
              WUM 2

              It's posted below tubby. And one or 2 have had a stab at the workings that came to this conclusion.
              Doesn't seem far off tbh.

                Re: Sore loser

                Posted by ELH on 15/2/2026, 8:11:15, in reply to "Re: Sore loser"

                It's a bit disingenuous to say he takes 25% of season ticket sales. For the PL season it may well be about right that those two figures are about the same, but there's not going to be anything in his contract that he is entitled to x%.

                We don't know what he got paid last season, but will find out at the end of March/ start of April. It will be another year before we find out what he's paid this season. Obviously I'd expect it to be much lower than the PL season and there would be big questions to ask if that isn't the case.

                  Re: Sore loser

                  Posted by The Questioner on 15/2/2026, 10:01:15, in reply to "Re: Sore loser"

                  Is it disingenuous ? I would argue that season ticket sales are the bed rock of our club and a quarter of them going to pay the ceo is too much and not necessary.
                  Appreciate his income is likely to be less now but suspect season ticket revenue is also lower and if we finish mid table in the third division which looks likely, less still again next season.

                    Re: Sore loser

                    Posted by ELH on 15/2/2026, 11:25:54, in reply to "Re: Sore loser"

                    It's very selective. You are looking at the PL season when all matchday income was less than 5% of our total income. Of course if his level of compensation remained as high now when most of the other revenue is gone, going or dramatically reduced that would be wrong.

                      Re: Sore loser

                      Posted by The Questioner on 15/2/2026, 13:24:19, in reply to "Re: Sore loser"

                      The £850k is when we were in the champ ….its to much and not sustainable. The £1m + was also to much …£250k pa for a third division club ceo imo is decent and probably more than most CEO’s in our division are earning.

                        Re: Sore loser

                        Posted by ELH on 15/2/2026, 13:53:03, in reply to "Re: Sore loser"

                        Are you referring to the 2024 accounts where he received 817k + 41k pension contributions? That was the PL season. The accounts for last season haven't been published yet so there's no publicly available information as to what he was paid as far as I know.

                        It's difficult to compare CEO earnings at football clubs as there are so many different structures and many in CEO or broadly equivalent positions aren't company directors so don't hav their remuneration published. From what I've seen GS's remuneration isn't excessive compared to genuinely comparable positions in the same divisions. Although of course it's still a lot of money.

                        I think Watford's structure with their CEO is actually fairly comparable.

                        Last time we were in L1 GS earned just over 250k including pension, but that probably included a promotion bonus. I doubt he will earn that this year. So taking in to account inflation your figure of 250k is probably about reasonable. But it will be over a year before it's published.

                          Re: Sore loser

                          Posted by The Questioner on 15/2/2026, 15:50:55, in reply to "Re: Sore loser"

                          I agree it’s difficult to compare but with gates of 11k and very competitive season ticket prices we simply can’t afford the kind of money he is being paid. I don’t know but assume his remuneration comes into the accountability we are allowed to spend and an extra half a million could have kept Morris here for example.
                          If in the latest set of accounts he has received £250k then imo that’s reasonable….I would however suspect it’s going to be a lot higher.

                            Re: Sore loser

                            Posted by ELH on 15/2/2026, 16:04:28, in reply to "Re: Sore loser"

                            The next set of accounts will be the Championship season so I would expect it to be more than 250k too, but less than in the PL.

                            His remuneration counted towards PL and Championship FFP/PSR regulations, but I think L1 is players only. Anyway it's largely irrelevant as to a factor for whether we could keep Morris or not as in the current season we have no issue with the squad cost rules due to the parachute payments.

                              Re: Sore loser

                              Posted by McNulty's Spare Tyre on 15/2/2026, 19:01:53, in reply to "Re: Sore loser"

                              Plus there's his salary for the building CEO job to add too (where he spends 60% of his time).

                                Re: Sore loser

                                Posted by crumpsall on 15/2/2026, 19:09:37, in reply to "Re: Sore loser"
                                MIB

                                Interesting that he said 50% but there's a persistent voice from certain quarters quoting him as saying 60%.



                                  Re: Sore loser

                                  Posted by McNulty's Spare Tyre on 15/2/2026, 19:40:11, in reply to "Re: Sore loser"

                                  I could be guilty of picking up on that to be fair so apologies if I'm wrong, although I was sure it was the 3CR interview where it was said - or at least inferred strongly that it was more than 50% (which I did listen to at the time).

                                  But if it's 50% then the point that it needs adding to the £4m in Joey's table still stands.

                                    Re: Sore loser

                                    Posted by crumpsall on 15/2/2026, 20:03:05, in reply to "Re: Sore loser"
                                    MIB

                                    My real point there is that it was one of those half (50/50!) truths and misrepresentations that was/is being bandied about. I've tried to answer those where I can when the actual facts are 'out there' - like the claim that all transfers are fully data driven, or that no manager since NJ has had any input on signings etc but to be quite honest the shit, lies and accusations thrown back at me make me question why I bother.

                                    Then I remember I'm Luton and think fuck it, I'm not going to let the nasty faceless bastards grind me down! 🙂

                                      Re: Sore loser

                                      Posted by Doctor Ince on 15/2/2026, 20:01:30, in reply to "Re: Sore loser"

                                      I think he actually said it equates to 50% overall but some weeks is a lot less, others a lot more. For example transfer windows is a lot of time on the football side and other weeks (most of them?) is on the stadium

                                        Re: Sore loser

                                        Posted by crumpsall on 15/2/2026, 20:13:08, in reply to "Re: Sore loser"
                                        MIB

                                        That sounds about right and reasonable I'd say.
                                        Unfortunately every word he says is leapt on and distorted by some people.

                                        And very nastily at times

                                          Re: Sore loser

                                          Posted by bbb on 15/2/2026, 20:42:00, in reply to "Re: Sore loser"
                                          WUM 2

                                          You and I agree on that but he doesn't help himself at times.

                                  Re: Sore loser

                                  Posted by The Questioner on 15/2/2026, 16:54:04, in reply to "Re: Sore loser"

                                  Your last sentence makes our current situation seem even worse !!

                                    Re: Sore loser

                                    Posted by ELH on 15/2/2026, 17:47:03, in reply to "Re: Sore loser"

                                    I'm not denying it's been a shitshow. The point is just that GS's pay packet is nothing to do with why Morris or anyone else left.

                                      Re: Sore loser

                                      Posted by The Questioner on 15/2/2026, 17:56:50, in reply to "Re: Sore loser"

                                      You are probably right but as we haven’t spent much on transfers it clearly doesn’t help.

                                Re: Sore loser

                                Posted by Ninja on 15/2/2026, 14:57:49, in reply to "Re: Sore loser"

                                What about the 1.3 million without pension the year before? Well over 2m in two seasons for a club of our size was unbelievable salary to give out to one person in an executive role.

                                  Re: Sore loser

                                  Posted by Voice of reason on 15/2/2026, 16:16:20, in reply to "Re: Sore loser"

                                  He worked in the role of CEO but not under that title for years WITHOUT a salary including the time he was instrumental in saving the club from oblivion. He was much later persuaded to leave a very highly salaried role in business unrelated to the club in order to run the club and the search for a relocation site and oversee the project of a new stadium. All the vitriolic rantings blaming him that footballers didn’t play well enough and his being overpaid are disingenuous and outrageous. This was once a site where discussions were logical and supporters supported, it now seems full of cry babies and attention seekers spouting unsubstantiated bollocks. No team is immune from losing matches they ought to have won and most teams go through boom and bust regarding success. I’m done with it.

                                    Re: Sore loser

                                    Posted by The Questioner on 15/2/2026, 16:52:38, in reply to "Re: Sore loser"

                                    That’s total rubbish. He became ceo in 2008 and got paid from day one.
                                    His initial salary matched what he had been earning previously but it was of course not without risk but got the chance to do something he is passionate about.
                                    Your post is a proper rant and full of inaccuracies mate.

                                      Re: Sore loser

                                      Posted by Voice of reason on 15/2/2026, 20:42:10, in reply to "Re: Sore loser"

                                      Why is it total rubbis?. I didn’t state when he became a paid CEO. I said he was basically in the role without pay for years before being persuaded to become full time CEO. He was in a similar role unpaid from 2003 five years before he became full time and paid. Pay attention.

                                        Re: Sore loser

                                        Posted by crumpsall on 15/2/2026, 17:12:03, in reply to "Re: Sore loser"
                                        MIB

                                        You are completely wrong there.

                                        Goodness knows where you are getting your 'information' from

                                          Re: Sore loser

                                          Posted by McNulty's Spare Tyre on 15/2/2026, 18:57:36, in reply to "Re: Sore loser"

                                          Err, I think you are wrong too.

                                          He needed a salary to buy Berko. There were others who had other business interests so didn't take anything, by he did and had to.

                                          Goodness knows where you are getting your 'information' from

                                            Re: Sore loser

                                            Posted by The Questioner on 15/2/2026, 17:40:41, in reply to "Re: Sore loser"

                                            Go on then , tell me what I have written is incorrect?
                                            My information comes from being involved at the time 2020 took over.

                                              Re: Sore loser

                                              Posted by Voice of reason on 15/2/2026, 21:34:40, in reply to "Re: Sore loser"

                                              Questioner, I was involved too. You would probably have known me. My original trust membership number was a single digit number. I have also been more directly involved over a few years, not in a paid role, now retired. My first match was in 1958. So I have been paying attention for 68 years. I remember when we found out about the ‘debenture’ and what happened next.

                                                Re: Sore loser

                                                Posted by crumpsall on 15/2/2026, 17:42:42, in reply to "Re: Sore loser"
                                                MIB

                                                'His initial salary matched what he had been earning previously'

                                                  Re: Sore loser

                                                  Posted by The Questioner on 15/2/2026, 17:55:06, in reply to "Re: Sore loser"

                                                  Tbf it’s a long time ago but from memory ( you clearly have a better one ) it wasn’t hugely different to what he was earning at Siemens but will take your word that he took a pay cut.

                                                  As an aside do you think he is paid to much ?

                                                    Re: Sore loser

                                                    Posted by crumpsall on 15/2/2026, 18:29:38, in reply to "Re: Sore loser"
                                                    MIB

                                                    I am fairly certain he worked for practically nothing for the first couple of years, and then still very little for a few more too.

                                                    I was around then too, and in the lead up to 2020 taking over, so surprised that we don't know each other.

                                                    I think that the whole picture of his earnings is distorted by those bonuses which had rolled over.

                                                    I'm not at all comfortable with talking about any individual's earnings to be honest but believe they should always be taken in context. Many clubs employ CEOs through related companies so their incomes are not visible for instance.

                                                    One thing I do know is that GS works his bollocks off for the club and the personal shit that gets thrown his way is totally out of order.

                                                    In general, I think lots of jobs are ludicrously overpaid,including in football (agents leeching so much out of players and clubs, for instance) but that's a far wider subject. My bugbears on that also include self-rewarding directors of all sorts of businesses. And huge salaries and bonuses paid in the public sector too. That's totally out of control.

                                                      Re: Sore loser

                                                      Posted by The Questioner on 15/2/2026, 20:59:34, in reply to "Re: Sore loser"

                                                      We might know each other but look 18 years older 😂.

                                                      I agree he works his bollox off but is also very well rewarded ( imo over rewarded for a club of our size and revenue stream ).

                                                      I know you don’t agree and totally respect that view but imo we need a change and some fresh ideas.

                                                      That’s not me being anti 2020 I believe they have achieved beyond our greatest expectations but are in danger of losing that legacy which would be a real shame.

                                                      Agree about football agents ….i have stories which imo are criminal.

                                            Re: Sore loser

                                            Posted by bbb on 15/2/2026, 16:20:51, in reply to "Re: Sore loser"
                                            WUM 2

                                            What's you butler sorting you for dinner Gary?

                                              Re: Sore loser

                                              Posted by J in C on 15/2/2026, 16:20:45, in reply to "Re: Sore loser"
                                              WUM

                                              Great post


                                              Poor man's Jamed

                                              Point of Order

                                              Posted by crumpsall on 15/2/2026, 15:18:30, in reply to "Re: Sore loser"
                                              MIB

                                              Your use of the word salary is misleading:

                                              salary (noun)
                                              salaries (plural noun)
                                              a fixed regular payment, typically paid on a monthly basis but often expressed as an annual sum, made by an employer to an employee, especially a professional or white-collar worker.

                                              It has been regularly pointed out that the first of those 2 years you mention included rolled-over bonuses which had not been taken over a number of years (quite a lot if I recall correctly) and I think the next year was similarly based.

                                              I am not commenting on the figures, but as so much re the club is being stated as fact when it isn't, or only partly so, or conjecture, I think it's important to try and be clear and not misrepresent,

                                                Re: Sore loser

                                                Posted by ELH on 15/2/2026, 15:14:30, in reply to "Re: Sore loser"

                                                Depends how you look at it. That was a promotion bonus and he is probably the individual who over the years did the most to get us to that position. From the owners point of view the promotion will have massively increased the value of the football club and it would be expected that he would share some of that.

                                                Would it be right for only the players and manager to receive a bonus? I do believe other employees received some too.

                                                I think also if you look at your what other execs have received on promotion it isn't unusual.

                                                Don't get me wrong, I do actually think exec pay on the whole (not just football) is generally excessive. I also don't think he's been doing a good job in recent seasons.

                                          Re: Sore loser

                                          Posted by Jake on 15/2/2026, 10:20:03, in reply to "Re: Sore loser"

                                          We have a waiting list for season tickets, so the revenue from sales shouldn't go down.

                                          It will be interesting to see the figures from last year, if similar then I think your points are valid.


                                          Bring compassion back.

                                            Re: Sore loser

                                            Posted by The Questioner on 15/2/2026, 10:25:28, in reply to "Re: Sore loser"

                                            I think the waiting list has gone. Ticket prices in the bobbers didn’t change last year but now includes cup games which effectively means less revenue…I suspect if they attempt to increase prices next year people won’t renew.
                                            I don’t know but if we do finish mid table suspect our season ticket revenue next year will be less than this year.

                                              Re: Sore loser

                                              Posted by Jake on 15/2/2026, 10:47:28, in reply to "Re: Sore loser"

                                              At the beginning of the season the waiting list was over a 1000 and I was told by my nephew who applied that the ticket office were no longer adding to the list.


                                              Bring compassion back.

                                                Re: Sore loser

                                                Posted by The Questioner on 15/2/2026, 13:20:46, in reply to "Re: Sore loser"

                                                Well I hope you are right but would be suprised if that’s the case…as I said I would also be suprised ( but delighted) if we sell 7k next season if we finish mid table this year.
                                                However main point is our CEO is taking to much out of the club.

                                                  Re: Sore loser

                                                  Posted by jimmyp on 15/2/2026, 17:45:27, in reply to "Re: Sore loser"

                                                  'too', you thick twat. How do you not spell a three letter word, that's spelled how it's said, correctly.

                                                  Leave the thinking to those who can and stick to asking them questions.


                                                  COYH, Jim

                                                    Re: Sore loser

                                                    Posted by J in C on 15/2/2026, 14:48:02, in reply to "Re: Sore loser"
                                                    WUM

                                                    No he's not


                                                    Poor man's Jamed

                                                    Re: Sore loser

                                                    Posted by J in C on 15/2/2026, 11:17:36, in reply to "Re: Sore loser"
                                                    WUM

                                                    Well fact checked


                                                    Poor man's Jamed

                                    Re: Sore loser

                                    Posted by J in C on 15/2/2026, 6:38:49, in reply to "Sore loser"
                                    WUM

                                    You sound envious .

                                    You forgetting many years of low pay and directors finding to get to that figure if its true.

                                    Can I suggest you get a better job to sate your envy


                                    Poor man's Jamed

                                      Re: Sore loser

                                      Posted by Ninja on 15/2/2026, 7:03:05, in reply to "Re: Sore loser"

                                      260k in 2019 and 310k in 2020 was hardly living wage.

                                      Agreed nowhere near the annual salary of just above and just below a million of recent times, which is hard to fathom for a club with our gates.

                                        Re: Sore loser

                                        Posted by J in C on 15/2/2026, 7:19:54, in reply to "Re: Sore loser"
                                        WUM

                                        If its what the job pays so be it.

                                        Not your or anyone's concern


                                        Maybe credit for PL and the money it brought in to keep us fiscally secure .

                                        I think certain fans get a bit above themselves ..

                                        These whinges have only popped up during our recent woes


                                        Poor man's Jamed

                                          Re: Sore loser

                                          Posted by Ninja on 15/2/2026, 7:35:14, in reply to "Re: Sore loser"

                                          That’s just not true though.

                                          It’s everything to do with the fans when eye watering wages are paid from their hard earned cash.

                                          A salary of 1.2 million and then 800k is in the public domain to be scrutinised, particularly when we’ve had two very poor seasons. Clubs with out sort of gates don’t pay anywhere near the figures seen over the last 6/7 seasons.

                                            Re: Sore loser

                                            Posted by J in C on 15/2/2026, 7:42:30, in reply to "Re: Sore loser"
                                            WUM

                                            What about the successful seasons on directors financial input for no return .

                                            You pillocks want it all ways .

                                            What a man earns is nobodies business.

                                            I get your on minimum wage but you could get a job as a football club CEO to improve your life


                                            Poor man's Jamed

                                              Re: Sore loser

                                              Posted by bbb on 15/2/2026, 13:30:57, in reply to "Re: Sore loser"
                                              WUM 2

                                              What about the successful seasons on directors financial input for no return .

                                              Given this thread us about GS, how much money did he put in chum?


                                              What a man earns is nobodies business

                                              Fair enough, so why do you and so many others on here get upset about the rich getting richer and the poor getting poorer.

                                                Re: Sore loser

                                                Posted by Ampthill Mob on 15/2/2026, 19:04:41, in reply to "Re: Sore loser"

                                                Because he's a complete gobshite, coming out with continual baiting crap to try and impress his "chums" who live hundreds of miles away and he rarely sees.


                                                As a devout socialist I'd have thought he'd be in uproar over the money paid to our glorious CEO (who's a fan btw). Instead of being such a drip and supporting wages of £3.5m for the last 5 years.


                                                League one again ole ole

                                                  Re: Sore loser

                                                  Posted by J in C on 16/2/2026, 8:07:45, in reply to "Re: Sore loser"
                                                  WUM

                                                  Keyboard warrior alert


                                                  Poor man's Jamed

                                                  Re: Sore loser

                                                  Posted by Father Ted on 15/2/2026, 15:52:56, in reply to "Re: Sore loser"

                                                  He can't answer that at it would contradict half of his pointless posts on here.

                                          Re: Sore loser

                                          Posted by J in C on 15/2/2026, 6:54:06, in reply to "Re: Sore loser"
                                          WUM

                                          Keyboards broken but you got the point .Are you going to cwy Wodders


                                          Poor man's Jamed

                                            Re: Sore loser

                                            Posted by Ninja on 15/2/2026, 6:58:15, in reply to "Re: Sore loser"

                                            Did your keyboard make you reply to yourself too?

                                            Re: Sore loser

                                            Posted by Ninja on 15/2/2026, 6:50:10, in reply to "Re: Sore loser"

                                            Did you just write that blindfolded?!

                                            Re: Sore loser

                                            Posted by Ninja on 14/2/2026, 22:25:54, in reply to "Sore loser"

                                            Is that a joke re 25% of season ticket sales? Surely his wages have been sliced for league 1 and years of utter failure?

                                              Re: Sore loser

                                              Posted by Jake on 14/2/2026, 22:32:44, in reply to "Re: Sore loser"

                                              I would like to see proof of that. and I'm sure others would too.


                                              Bring compassion back.

                                                Re: Sore loser

                                                Posted by The Questioner on 14/2/2026, 22:47:39, in reply to "Re: Sore loser"

                                                Maybe Outsider can qualify but think he got paid @ £850k last year.
                                                We have 7k season ticket holders at say an average of £375 equals £2.6m….so probably closer to 30%….imagine if the ceo of m&s did that 😂😂

                                                  Re: Sore loser

                                                  Posted by joey diconio on 14/2/2026, 22:54:16, in reply to "Re: Sore loser"

                                                  The accounts for last season haven’t been published yet but these figures up to and including the premier league season don’t indicate the above would be miles off (maybe a bit low)



                                                  paste list get unique lines



                                                  Truth seeker / snide

                                                    Re: Sore loser

                                                    Posted by Ninja on 14/2/2026, 23:24:34, in reply to "Re: Sore loser"

                                                    Unbelievable.

                                                    ‘The Luton Way’

                                                    ‘It’s how we treat people around here’

                                                    After two years of utter failure and now we are in league 1, he better be on a quarter of that last accounts salary.

                                                      Re: Sore loser

                                                      Posted by Ampthill Mob on 15/2/2026, 11:14:42, in reply to "Re: Sore loser"

                                                      "No Billy big bollocks"


                                                      League one again ole ole

                                                    Re: Sore loser

                                                    Posted by MG on 14/2/2026, 22:50:29, in reply to "Re: Sore loser"

                                                    It must have gone down since then though, surely?

                                                    I must admit I thought when we mentioned the future ownership structure of Power Court this place would explode but it passed with hardly a whimper.

                                                      Re: Sore loser

                                                      Posted by The Questioner on 14/2/2026, 23:04:45, in reply to "Re: Sore loser"

                                                      What season ticket revenue and GS remuneration…the % are likely still to be the same …

                                                        Re: Sore loser

                                                        Posted by crumpsall on 15/2/2026, 0:13:00, in reply to "Re: Sore loser"
                                                        MIB

                                                        This is utter shitstirring bullshit even by your 'standards'

                                                        As is the 'future ownership structure of Power Court' nonsense.

                                                        I really wish the club would come out and put this clear: in the absence of that the vacuum is filled with this stuff....

                                                          Re: Sore loser

                                                          Posted by MG on 15/2/2026, 0:43:33, in reply to "Re: Sore loser"

                                                          Hmmm, so I'm spouting nonsense.

                                                          We are all shitstirring and talking bullshit.

                                                          I damn well hope you are proved to be right, genuinely I do.

                                                            Re: Sore loser

                                                            Posted by crumpsall on 15/2/2026, 1:01:52, in reply to "Re: Sore loser"
                                                            MIB

                                                            I would never seek to offend you, you are a very decent person who I respect entirely.

                                                            But this 'future ownership' of Power Court and shares question is being misrepresented, I am told by a senior accountant who understands this stuff clearly and who doesn't have an 'agenda'.

                                                            We're both fully aware of certain stress lines, of course.

                                                              Re: Sore loser

                                                              Posted by jimmyp on 15/2/2026, 17:50:29, in reply to "Re: Sore loser"

                                                              Could you please explain this, then?

                                                              Because I'm extremely uneasy about it as it has been presented. Also the dual salaries that are being bandied about.

                                                              Again, these are questions that are out there and need to be asked, by the trust and published along with such answers as are given.


                                                              COYH, Jim

                                                                Re: Sore loser

                                                                Posted by McNulty's Spare Tyre on 15/2/2026, 19:15:51, in reply to "Re: Sore loser"

                                                                But this isn't happening. The Trust are silent and the answers to my questions were, well, poor so it was pointless emailing. It's like they are not bothered. Even on fan security of the stadium - a key 2020 promise - they gave no idea what the current state of play is when I emailed them.

                                                                If there were no issues, it would be easy for the Trust to have a list and give layman's answers as they arrive. Without honesty and transparency, it's not the same 2020.

                                                                Re: Sore loser

                                                                Posted by MG on 15/2/2026, 11:04:58, in reply to "Re: Sore loser"

                                                                I appreciate that sir, and the respect is mutual.

                                                                But, I have gone from being a staunch 2020 supporter to considerably worried about the way the club is being managed.

                                                                And the on-pitch performance, which has been woeful, is only a part of that. I understand that bad things can happen even to well run clubs, although what has happened to us clearly puts that into strong question also. It's just too extreme.

                                                                  Re: Sore loser

                                                                  Posted by RADSB on 15/2/2026, 9:05:13, in reply to "Re: Sore loser"

                                                                  I did some digging after you said that in the Brickies. Please see 2020 Holdings report of the 2nd April 2025. Read section 16 first then section 7. They detail the A Shares, explain the dividends and the need for continued employment to get those dividends.

                                                                  https://find-and-update.company-information.service.gov.uk/company/09802304/filing-history

                                                                  If you then turn to 2020 Developments and look at section 4 of the 2nd April 2025 accounts you will see how much has been paid to those two directors. Those amounts are on top of the payments by 2020 Holdings.

                                                                  https://find-and-update.company-information.service.gov.uk/company/09804020/filing-history?page=1

                                                                  If you want to know about how the milestone dividends work then see the 13th February 2020 resolutions. Sections 8 and 9 deal with shares and dividends for the A Shareholders and the rest.


                                                                  Mr J.C. Lomax having been called upon to give his opinion upon the proposed formation of a Town Club, said he was most emphatically in favour of a proposed Luton Town Football Club - 11th April 1885

                                                                    Re: Sore loser

                                                                    Posted by Ampthill Fan on 15/2/2026, 9:24:42, in reply to "Re: Sore loser"

                                                                    So..what is your opinion after reading..digesting this info...

                                                                    Re: Sore loser

                                                                    Posted by ELH on 15/2/2026, 8:47:34, in reply to "Re: Sore loser"

                                                                    The document regarding the share entitlement of GS and MM is publicly available on Companies House, but not exactly an easy read.

                                                                    It's a while since I looked at it, but it's certainly not as simple as saying they will own 25% of the stadium. There are big restrictions on the A shares e.g. they cannot simple be sold. There is an entitlement to a share of distributed profits (e.g. dividends) from 2020 Developments, but no guarantee that there will be any.

                                                                    Assuming that the Trust are reviewing the accounts again this year and inviting questions, I think it would be a good one for anyone interested to ask about given this document is in the public domain but not well understood.

                                                                      Re: Sore loser

                                                                      Posted by McNulty's Spare Tyre on 15/2/2026, 18:54:44, in reply to "Re: Sore loser"

                                                                      It's also about control (which has a value too). I think you simplify it...if they really aren't worth that much, why have them? Why not be completely upfront in layman's language if it's all ok? And why would an Everton supporter have that as remuneration - isn't that a bit unusual?

                                                                      Instead it appears we have to be like Crumps and find a top accountant to explain it to us.

                                                                        Re: Sore loser

                                                                        Posted by Whhatter on 15/2/2026, 19:43:05, in reply to "Re: Sore loser"

                                                                        Is the CEO in overall control of the club or are the rest of 2020 still advising in what the best way forward would be? I think this is where the real truth lies.

                                                                        The CEO was rightly rewarded for his hard work from the start and to get to the PL, but the past 2 seasons have been abysmal. He is a Luton fan so surely he would maybe take a pay cut for the best interests of the club itself? If we are/were saddled with signings from the PL and the huge wages, then surely that should also apply to board level for failures on the pitch?

                                                                          Re: Sore loser

                                                                          Posted by McNulty's Spare Tyre on 15/2/2026, 19:51:02, in reply to "Re: Sore loser"

                                                                          I'd be very confident that senior wages go down as we go down in leagues - that can be seen in the accounts for players and staff.
                                                                          Whether, as would be fair, it's by the same % as on the way up* will remain to be seen when the accounts are published.

                                                                          *allowing for inflation say, but largely the same

                                                                          Re: Sore loser

                                                                          Posted by crumpsall on 15/2/2026, 19:16:44, in reply to "Re: Sore loser"
                                                                          MIB

                                                                          A top local accountant who is a Luton fan and involved at Loyal Luton so I'd be surprised if you don't know him. He's no big fan of GS for certain but has explained this clearly to LL committee etc and been ignored by certain vocal factions.

                                                                          Probably because it doesn't suit them







                                                                          (Not The Outsider!)

                                                                            Re: Sore loser

                                                                            Posted by McNulty's Spare Tyre on 15/2/2026, 19:19:37, in reply to "Re: Sore loser"

                                                                            Great. Please tell us laymen more then - thereby putting it to bed. JimmyP ask in this thread as well.

                                                                            (and can he explain it to LTST too because they didn't know).

                                                                              Re: Sore loser

                                                                              Posted by crumpsall on 15/2/2026, 19:27:42, in reply to "Re: Sore loser"
                                                                              MIB

                                                                              I'll ask him to explain it in layman's language and put it on here. He used to be a regular poster. Or if he agrees I'll post it for him (but as I am targeted by 'certain people' it would be better coming from him).

                                                                              I absolutely agree that the best way to answer misinformation is by providing clarity and better communications. Which I have banged on endlessly about to all and sundry at the club.




                                                                          Re: Sore loser

                                                                          Posted by MG on 15/2/2026, 11:00:16, in reply to "Re: Sore loser"

                                                                          I think that would be helpful. My concern is basically that those shares mean that if the club was sold then those directors would receive 25% of the value of that sale between them. What proportion that means etc I don't know. And I haven't done more than skim-read the documents yet so I'm not claiming to know anything at this point.

                                                                          Originally there were strong suggestions that the stadium ownership would be protected for the club / supporters somehow, I think all manner of ideas were floated like the Trust owning the centre spot and so on. I'd like to understand how that principle has been incorporated, if indeed it has.

                                                                          And yes, while I was (grudgingly) okay with Gary earning huge bonuses / salaries when successful, the opposite must also apply.

                                                                            Re: Sore loser

                                                                            Posted by jimmyp on 15/2/2026, 17:53:20, in reply to "Re: Sore loser"

                                                                            What, fine him because we've been shit?


                                                                            COYH, Jim

                                                                              Re: Sore loser

                                                                              Posted by MG on 15/2/2026, 18:01:22, in reply to "Re: Sore loser"

                                                                              Err, no.

                                                                                Re: Sore loser

                                                                                Posted by jimmyp on 15/2/2026, 18:03:30, in reply to "Re: Sore loser"

                                                                                So not the actual opposite, then.

                                                                                I could be talked round, I think 🤔


                                                                                COYH, Jim

                                                                            Re: Sore loser

                                                                            Posted by Nick NBH on 15/2/2026, 10:48:15, in reply to "Re: Sore loser"

                                                                            It says certain conditions , of which there are 4 it seems, but doesn't specify what they are . Although presumably condition 4 is completion of the stadium

                                                                        Re: Sore loser

                                                                        Posted by Andy Cappuccino on 15/2/2026, 0:27:04, in reply to "Re: Sore loser"

                                                                        Woof woof


                                                                        65% for Nige

                                                                          Re: Sore loser

                                                                          Posted by crumpsall on 15/2/2026, 0:34:19, in reply to "Re: Sore loser"
                                                                          MIB

                                                                          Enjoy your late night walk and crap, you braindead weirdo

                                                                            Re: Sore loser

                                                                            Posted by J in C on 15/2/2026, 7:46:40, in reply to "Re: Sore loser"
                                                                            WUM

                                                                            Poetry


                                                                            Poor man's Jamed

                                                                              Re: Sore loser

                                                                              Posted by pingu on 15/2/2026, 3:13:47, in reply to "Re: Sore loser"

                                                                              mate - youre a lyrical genius sometimes😂😂.

                                                                              Forza Crumps

                                                                          Re: Sore loser

                                                                          Posted by MG on 14/2/2026, 23:14:56, in reply to "Re: Sore loser"

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