Page 1 of 1
Kent Teague
Posted: Sat Aug 31, 2024 11:15 am
by Qin
What has happened to Kent Teague
I understand Kent's shareholding has been reduced in the recent past, but has his financial contribution to the club also reduced thus making it impossible for us to compete financially with most other clubs in league one?
Something weird is going on in my opinion, because listening to Richie and Lingys video we are left in no doubt the the cost of bringing in decent players, is now prohibitive to our club.
But why ?. Crawley, Northampton, Stevenage, and Exeter, are similar size clubs to us,have no trouble bringing in decent League One experienced pros so why do we?
Summats not right here!
Re: Kent Teague
Posted: Sat Aug 31, 2024 11:41 am
by Chicken Dhansak
I think there too many coaches and backroom staff at the club, and do we really need a DOF?
Re: Kent Teague
Posted: Sat Aug 31, 2024 11:48 am
by Loyal_Supporter
Chicken Dhansak wrote: ↑Sat Aug 31, 2024 11:41 am
I think there too many coaches and backroom staff at the club, and do we really need a DOF?
Nigel obviously thinks we do. He's the owner...end of.
Re: Kent Teague
Posted: Sat Aug 31, 2024 11:49 am
by PoundhillO
Qin wrote: ↑Sat Aug 31, 2024 11:15 am
What has happened to Kent Teague
I understand Kent's shareholding has been reduced in the recent past, but has his financial contribution to the club also reduced thus making it impossible for us to compete financially with most other clubs in league one?
Something weird is going on in my opinion, because listening to Richie and Lingys video we are left in no doubt the the cost of bringing in decent players, is now prohibitive to our club.
But why ?. Crawley, Northampton, Stevenage, and Exeter, are similar size clubs to us,have no trouble bringing in decent League One experienced pros so why do we?
Summats not right here!
Something very fishy going on.
Re: Kent Teague
Posted: Sat Aug 31, 2024 11:50 am
by The Reverend
I guess slogging it out to finish mid table in league 1 isn’t as fun as winning the conference. He has probably lost interest now that the honeymoon is over.
Re: Kent Teague
Posted: Sat Aug 31, 2024 11:53 am
by BiggsyMalone
Coley has Kent’s shares.
None of them have anywhere close to the wealth needed to run an upper league 1 club.
Re: Kent Teague
Posted: Sat Aug 31, 2024 11:57 am
by Fellowo
Chicken Dhansak wrote: ↑Sat Aug 31, 2024 11:41 am
I think there too many coaches and backroom staff at the club, and do we really need a DOF?
My thoughts exactly, Nigel has been duped into believing that we need all these people.
From Nigels Q&A it's become obvious that we are struggling to find additional investment and Nigel primarily is keeping the club afloat (for how long he's able or willing to sustain this at this level we'll see).
As for Kent, again it's obvious that he's decided to step away and spend his money on other projects. It may well have been the intention all along that he would back the club until we reached League 1. I'm sure we'll still see Kent though from time to time.
Re: Kent Teague
Posted: Sat Aug 31, 2024 12:41 pm
by gshaw
Kent said something in one of his interviews a little while ago about his first grandchild changing his priorities, seems like he's focusing on other areas now and pulling back from Orient somewhat.
A great shame as I really like his raw drive for success and ambition
Re: Kent Teague
Posted: Sat Aug 31, 2024 12:47 pm
by PKM
I think everyone would have been quite happy if 6 years ago KT said will rein it in when we’re back in L1.
Job done with massive thanks to KT
Now need fresh blood.
Re: Kent Teague
Posted: Sat Aug 31, 2024 12:57 pm
by Qin
BiggsyMalone wrote: ↑Sat Aug 31, 2024 11:53 am
Coley has Kent’s shares.
None of them have anywhere close to the wealth needed to run an upper league 1 club.
Genuine question..... How do you know what wealth our board members have?
I should imagine their wealth is private, so how can you come out with a statement like that?
Re: Kent Teague
Posted: Sat Aug 31, 2024 2:02 pm
by BiggsyMalone
Qin wrote: ↑Sat Aug 31, 2024 12:57 pm
BiggsyMalone wrote: ↑Sat Aug 31, 2024 11:53 am
Coley has Kent’s shares.
None of them have anywhere close to the wealth needed to run an upper league 1 club.
Genuine question..... How do you know what wealth our board members have?
I should imagine their wealth is private, so how can you come out with a statement like that?
Their finances and what they’ve invested are publicly available.
Coley Parry needed a consortium to raise €14m for the Vitesse shambles.
Re: Kent Teague
Posted: Sat Aug 31, 2024 2:12 pm
by RedDwarf 1881
BiggsyMalone wrote: ↑Sat Aug 31, 2024 11:53 am
Coley has Kent’s shares.
None of them have anywhere close to the wealth needed to run an upper league 1 club.
Yet there has been talk of us moving to a new stadium . How are we going to do that if they can't run an upper league 1 club .
Re: Kent Teague
Posted: Sat Aug 31, 2024 2:16 pm
by BiggsyMalone
RedDwarf 1881 wrote: ↑Sat Aug 31, 2024 2:12 pm
BiggsyMalone wrote: ↑Sat Aug 31, 2024 11:53 am
Coley has Kent’s shares.
None of them have anywhere close to the wealth needed to run an upper league 1 club.
Yet there has been talk of us moving to a new stadium . How are we going to do that if they can't run an upper league 1 club .
Yeah… Nigel has said several times they need further investment to take the club further. What point are you trying to make?
They’re on board for now, see Orient through the next couple of years. Get a training ground and new stadium site. Sell the club, they all walk away with a fortune.
Re: Kent Teague
Posted: Sat Aug 31, 2024 2:38 pm
by Pilotental
I think the club are playing the long game. With the ffp rules tightening next year 8 or 9 clubs are this year putting all on red and hoping it comes up. 5 or 6 will fall short and struggle next year without selling players. This year we have a young squad who will develop. Our core signed players will get better. We may pick up one or two of this years loan players and next year it will be a buyers market. Both Richie and Nigel have said as much across their interviews without being explicit about it.