JellyBelly Posted June 20, 2014 Share Posted June 20, 2014 What's happening at Vale? The local paper states that the club is on the verge of closing down. Link to comment Share on other sites More sharing options...
Rab B Nesbit Posted June 20, 2014 Share Posted June 20, 2014 What's happening at Vale? The local paper states that the club is on the verge of closing down. Where can we read this? Link to comment Share on other sites More sharing options...
Simplistic Posted June 20, 2014 Share Posted June 20, 2014 Today's Peebleshire news claims that the new people in charge have found out there are big debts that could end the club if a solution isn't found in the next few weeks. An official has likened it to the Rangers issues before they died. Link to comment Share on other sites More sharing options...
tamthebam Posted June 20, 2014 Share Posted June 20, 2014 From what I've heard, gosh I am surprised... Link to comment Share on other sites More sharing options...
mancinirules Posted June 20, 2014 Share Posted June 20, 2014 An official has likened it to the Rangers issues before they died. So are we going to see "The" Vale of Leithen FC (Valeco?) be parachuted straight into the SPFL2 then? Quite a clever way to put Grim's nose out of joint. Or are Vale of Leithen "2014" going to have start back in the EoS and work their way back up? Link to comment Share on other sites More sharing options...
lowlandleaguer Posted June 20, 2014 Share Posted June 20, 2014 Sad news, so who is responsible and where's the money? Link to comment Share on other sites More sharing options...
Seethrough Posted June 20, 2014 Share Posted June 20, 2014 I heard they have lost there scottish cup place to!! Link to comment Share on other sites More sharing options...
newcastle broon Posted June 20, 2014 Share Posted June 20, 2014 Today's Peebleshire news claims that the new people in charge have found out there are big debts that could end the club if a solution isn't found in the next few weeks.An official has likened it to the Rangers issues before they died. Who's the official simps ? I thought they had nae committee left ? Sad news if true. Link to comment Share on other sites More sharing options...
Cicero Posted June 20, 2014 Share Posted June 20, 2014 If they do go under I wonder if a replacement will be drafted in or will we have a league of 13? Link to comment Share on other sites More sharing options...
Simplistic Posted June 20, 2014 Share Posted June 20, 2014 Don't know I'm afraid, don't think they were named. Article talked about the new people who had recently taken over. Not heard any names. Link to comment Share on other sites More sharing options...
dal45 Posted June 21, 2014 Share Posted June 21, 2014 What's happening at Vale? The local paper states that the club is on the verge of closing down. shame, but oh well, look on the bright side, won't have to travel to that shithole on a midweek fixture! Link to comment Share on other sites More sharing options...
newcastle broon Posted June 21, 2014 Share Posted June 21, 2014 shame, but oh well, look on the bright side, won't have to travel to that shithole on a midweek fixture! ooooft i take it yer looking for bites wi that one. for a "shithole" they do have something in common with yous though... talking of which any chance o an update on yer licence Link to comment Share on other sites More sharing options...
HibeeJibee Posted June 21, 2014 Share Posted June 21, 2014 Where can we read this? They upload articles a day late, presumably to discourage locals from not buying the paper. Just looked myself and it's now up: http://www.peeblesshirenews.com/sport/football/articles/2014/06/21/501627-vale-on-the-verge-of-collapse/ Vale on the verge of collapse Published: 21 Jun 2014 10:30 FOOTBALL bosses in Innerleithen are comparing their current financial crisis to the Rangers fiasco of two years ago. And if a solution isn’t found within the next few weeks the 123-year-old club could go out of business. Emerging debts have forced the new regime, who took over at Victoria Park towards the end of last season, back to the drawing board. Hopes were high that the recently appointed management team of Mark Lamb and Jimmy Rae, and fresh faces on the committee, including former manager Stuart Robertson and his treasurer wife Liz, would turn the struggling club’s fortunes around. But recent meetings have unearthed the scale of the financial problems faced by the Lowland League club. Mr Robertson told us: “With every meeting we have there are new debts coming out the woodwork. “We are building up a good committee and the plans are in place to put us on a steady financial footing but the situation is a lot worse than we first thought. “This could be the end of the Vale - a club that has been around since 1891.” It is believed Vale of Leithen owe at least £10,000 and there could be further problems as the committee have been unable to supply receipts to previous funders for recent building work. Around £1200 is owed to a Penicuik-based charity for using an all-weather training pitch throughout last winter. One benefactor is owed around £6,000, and there are bank overdrafts, unpaid Scottish Football Association fines, player payments from last season and outstanding bills for pavilion upgrades. Rental of the Victoria Pitch - which costs £125 month from Scottish Borders Council - is also in arrears. And questions are also being asked by the Inland Revenue over a lack of submitted accounts. Mr Robertson added: “My wife Liz got the books and she can’t get her head round the mess that we are in. “The club has no income, the supporters have all drifted away, we didn’t have any strips of training gear and people are rightly asking us for money. “Vale of Leithen has been living outside its means for a while now and that is why we are in such a mess. “We need the community to rally round and get behind us. They could lose the Vale - it is that serious.” Offers of support have already been made in recent weeks with local ice-cream retailer, Caldwell’s Ices, putting up the funds for a new set of strips. A former chairman of the club also handed over £1,000 towards buying training gear for the new squad. And Peebles-based garage, David Harrisson Ltd, has offered help with a club minibus. But many more offers of support are required to keep the club afloat before the new Lowland League season begins. Manager Mark Lamb told us: “We knew when we came in that it was in a mess but we didn’t realise quite how big a mess. “We are keeping the wolf from the door at the moment but that can’t go on. There are plans in place for the Vale to return to a sound financial footing but time isn’t on our side.” Talks are ongoing with Celtic and Hibs about pre-season glamour friendlies. Ian Murray will bring his Championship side, Dumbarton, to Victoria Park on Thursday, July 3. And Dundee United have agreed to play in a benefit match at Innerleithen on Saturday, July 26. It is expected that a Lottery Licence will be granted to the club within the next week or two, and a fundraising golf tournament has been arranged for the autumn. But there is a danger the club won’t be in existence long enough to benefit. Mr Lamb added: “If we don’t get the mess sorted out we will be thrown out of the Scottish Cup and even the Lowland League. “It is a make or break time for this football club. Anyone who can help in any way would be welcomed.” Link to comment Share on other sites More sharing options...
Grim O'Grady Posted June 21, 2014 Share Posted June 21, 2014 I for one would hate to see the demise of the Vale, maybe some Vale boys should set up some sort of campaign & get donations in for the club, if we can help it stay afloat, I'd drop a couple of quid in their hat?This place is one of the best boozers for pre-match snifters in the LL, 5 mins walk from the ground.Save the Vale. Grimbo Link to comment Share on other sites More sharing options...
tamthebam Posted June 21, 2014 Share Posted June 21, 2014 I suppose ex-Vale stalwards Daniel O'Donnell and Iain Thomson could donate a month's wages from their Spartans contracts- that should cover half the debt....... Link to comment Share on other sites More sharing options...
Grim O'Grady Posted June 21, 2014 Share Posted June 21, 2014 I suppose ex-Vale stalwards Daniel O'Donnell and Iain Thomson could donate a month's wages from their Spartans contracts- that should cover half the debt....... shite if that's all they are in debt for. Who do I send the get well soon note & 4 buttons to? Grimbo Link to comment Share on other sites More sharing options...
dal45 Posted June 22, 2014 Share Posted June 22, 2014 ooooft i take it yer looking for bites wi that one. for a "shithole" they do have something in common with yous though... talking of which any chance o an update on yer licence Yeh, runs out 2022 . I have car tax and insurance as well. Link to comment Share on other sites More sharing options...
Young Pretender Posted June 23, 2014 Share Posted June 23, 2014 The story doesn't make it sound good but I get the feeling that these kind of articles are often exaggerated to try to encourage more locals into making a contribution to their local club. Maybe I'm too cynical.Good luck to them anyway and hopefully they pull through. Link to comment Share on other sites More sharing options...
VALEBHOYS Posted June 23, 2014 Share Posted June 23, 2014 The story doesn't make it sound good but I get the feeling that these kind of articles are often exaggerated to try to encourage more locals into making a contribution to their local club. Maybe I'm too cynical. Good luck to them anyway and hopefully they pull through. Bang on. All they are trying to do is get people to dig deep . The club does have money problems but no more than some other clubs. Mark Lamb is behind all of the problems with all of his promises, like he did at Peebles and look at what happened there. What ever he says Jack Diamond jumps. There will always be a Vale. So get Lamb out now before he gets his teeth in to deep. Link to comment Share on other sites More sharing options...
Grim O'Grady Posted June 23, 2014 Share Posted June 23, 2014 Bang on. All they are trying to do is get people to dig deep . The club does have money problems but no more than some other clubs. Mark Lamb is behind all of the problems with all of his promises, like he did at Peebles and look at what happened there. What ever he says Jack Diamond jumps. There will always be a Vale. So get Lamb out now before he gets his teeth in to deep. I heard the money problems were there way before my mate Lamby took up the management reins, he's a good lad, him & Jimmy will sort any problems on the pitch, it's the committee that will sort out the financial affairs & good luck to everyone down there. Grimbo Link to comment Share on other sites More sharing options...
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