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Wonder Goals – A nice easy one for you this morning, what do you estimate Hilton’s net worth to be?
As I have said before, owners of loss making football clubs have to have deep pockets. Such individuals have sufficient wealth that they are not reliant on a bank or a third party funders, they are the bank. In other words, they buy assets with their own money which generates them a return.
Where is the money coming from, which Hilton said would be in the form of donations/share capital as opposed to loans?
You appear to be confident a deal will be done, so tell those with concerns how it will be done.
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Iron Army – In Conversation with David Hilton (https://www.youtube.com/watch?v=AmPr9RIiKyA)
5 MINUTES/50 IN
When asked, Hilton confirms he has nothing to hide.Tweet by “hiltonsgroup” –
I have relistened to Hilton’s interview on the club’s website which was released on 02/04/23.
9 MINUTES IN
Hilton claims that he has put about £3M into Ilkeston. I have looked at their balance sheet and there is no significant change to their fixed assets or net worth under his stewardship.10 MINUTES/55 IN
Fit & Proper Test – This test does not approve an individual’s good character. An owner/director declares:(i) I am not either directly or indirectly involved in or have the power to determine or influence the management or administration of another Football Club (including the direct or indirect holding of a Significant Interest in that Football Club) against which the Club may play fixtures in any Competition sanctioned by The Association and acknowledge that The Association may exercise its absolute discretion in the application of this Disqualifying Condition to protect the integrity of the game based on any involvement that I may have in more than one club given the position of those clubs in the game;
(ii) I am not prohibited by law from being an Officer (including but not limited to being subject to a disqualification order as a director of a UK registered company under the Company Directors’ Disqualification Act 1986 (as amended or any equivalent provisions in any jurisdiction that has a substantially similar effect) or being subject to an undertaking given to the Secretary of State under that Act (as amended or any equivalent provisions in any jurisdiction that has a substantially similar effect) unless a court of competent jurisdiction makes an order under that Act permitting an appointment as an Officer);
(iii) I have not been convicted of any of the following offences, or where I have, this conviction is now considered spent under the Rehabilitation of Offenders Act 1974;
(a) an offence involving a Dishonest Act;
(b) corruption;
(c) perverting the course of justice;
(d) committing a serious breach of any requirement under the Companies Act 1985 or 2006 or any
statutory modification or re-enactment thereof;
(e) dishonestly receiving a programme broadcast from within the UK with intent to avoid payment under
Section 297 of the Copyright, Designs and Patents Act 1988;
(f) admitting spectators to watch a football match at unlicensed premises under Section 9 of the Football
Spectators Act 1989;
(g) ticket touting under Section 166 of the Criminal Justice and Public Order Act 1994;
(h) any attempt or conspiracy to commit any of the offences set out in paragraphs (a) to (g) above;
(i) having an unspent conviction by a court of competent jurisdiction anywhere in the world (including
any attempt and/or any conspiracy to commit the same) that results in a sentence of at least 12
months imprisonment but for the avoidance of doubt, not a suspended jail sentence unless that
sentence is subsequently activated for a period of at least 12 months for whatever reason;
(j) any conviction for a like offence to any of the offences set out in paragraphs (a) to (h) above by a
competent court having jurisdiction outside of England and Wales.(iv) I am not a Registered Offender and am not required to notify personal information pursuant to Part 2 of the Sexual Offences Act 2003;
(v) I am not subject to a banning order in accordance with Schedule 1 of the Football Spectators Act 2000 (or any equivalent provision in any jurisdiction that has a substantially similar effect).
43 MINUTES IN
Accounts filing – Hilton said the accounts will be filed at some point next week (W/C 03/04/23) – Still not filed.1 user thanked author for this post.
IB – Go to Company number 11437340, look at Charge code
1143 7340 0006, then search on the company that hold the charge. In the directorships you will find RL. Then have a peep at the statement under going concern on that company’s accounts that are made up to 31/08/2020. Maybe co-incidental.Fantastic. I’ll piece this back to the original tweet by “@Hiltonsgroup” for the benefit of those who are interested once I have finished cutting the grass.
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Hilton, as he’s called now, also took a gamble on himself, and now he is in a right mess, searching for capital everywhere he can, offering that which he doesn’t have as collateral.
I believe the modern terminology is a no money down deal, at least none of your own. In my day, it was called not having a pot to piddle in.
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‘false accounts looking to divide opinion between the majority on here who are loyal Scunny fans’
Talking of ‘false accounts’ I-A, you and other non Twitter users / observers ought to know that a number of new Twitter accounts appeared a few weeks back threatening Iron supporters critical or sceptical of the new owner and suggested plans. Pretty nasty stuff. They came and went pretty fast. Those accounts have since been deleted. Pretty unprecedented stuff as far as I’m aware. Think it’s useful for non Twitter users / observers to be aware of this amd the wider environment.
After spending most of last night doing a sweep of Twitter, it certainly throws up certain patterns of behaviour.
You might find “hiltonsgroup” (more about that later) of interest. Remember to view by Top, Latest and Photos for the screenshots.
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Interested Bystander – The alarm bell is already ringing for me and with some others but it seems the majority are relieved the club seems to be saved and don’t want to look too deep and are happy to accept what he says. Time will tell.
The majority of a club’s fanbase just want a team to support, only a minority are interested in what goes off behind the scenes and the backgrounds of those who are involved. As I see it, the questions about Hilton are not going to go away, it’s in his interests and one assumes in the best interests of Scunthorpe United if he answers those questions.
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Going back to Hilton’s proposal of moving the footballing operation to Ilkeston, just what was he thinking?
Football clubs, players and officials have an important role to play in the community. Good clubs, with good community structures interact with their fanbase away from the club because commercially it makes sense to do so. How did Hilton intend on building relationships and the fanbase from Ilkeston?
I’m undecided whether this boiled down to commercial naivety and a lack of awareness on Hilton’s part or a sign of what is to follow.
Did I also hear Hilton say that he’s hardly at Glanford Park during the week? I would expect a new owner of a struggling club who is committed to its survival to be visible and leading from the front.
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Interested Bystander: good points raised. In all honesty, most of us are conveniently avoiding these questions as we all know it’s probably not going to make for a nice read. A shame we don’t have a strong local newspaper to follow up these leads anymore.
I’ve spoken with Ilkeston fans and their reviews are nothing but positive, in terms of evidence, that’s all we can really form an opinion on at the moment.
I may be wrong ( and I hope I am wrong), but I’ve got a feeling in my gut that things might go tits up when the ground completion is due.
Very few local journalists have the appetite for it, those that do risk being banned by clubs or ridiculed by those unable to acknowledge the bigger picture.
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First of all I will make it perfectly clear that I am not a Scunthorpe United supporter, although I am a football supporter and have a keen interest in the wider issue of mis-management in football and the reasons behind the demise of some clubs. Sadly the club that I support has suffered from gross incompetence, mis-management and I suspect, probably worse.
I listened to the recent interview with David Hilton and a few things raised questions.
1) To buy any football club you need deep pockets, Hilton acknowledges the point in his interview. Most people with substantial wealth, the sort required to own and finance a football club have a business background, a clear path of how their wealth has been accrued. Given that Hilton is 45 years of age, I would expect some trading history of at least 10-15 years and for the companies under his control to have a balance sheet with a positive net asset value of at least 7-figures.
2) Hilton’s previous name (David White). Again, Hilton acknowledges his previous name but fails to explain the reasons for it other than it was personal. From my experience, most people change their names for two reasons, they don’t want to be found (in Hilton’s case we can probably rule this out given his involvement at Ilkeston and at your club) or they don’t want to be associated with their past.
3) Hilton, in the closing part of the interview states that if there is any evidence about him to bring it to him so it can be discussed. For me, this was a peculiar thing to say.
4) Companies House, Google, thegazette.co.uk, social media and Credit Reference Agencies are usually a good starting point for any supporter wanting to conduct some basic due diligence on those involved with their club or those who are looking to get involved.
5) If you are unfortunate to hold a senior position at a club, say Director or Co. Secretary you can usually submit a background request with a Police Force and related agencies with varying degrees of success without too much trouble.
6) A simple Google search of David White and Andy Nally (name of current Chairman at Ilkeston) throws up an interesting thread (https://whocallsme.com/Phone-Number.aspx/08456806308) dating back to 2011. There are 23 pages of this but they are worth persevering with.
7) Judging by Hilton’s comments, there is clearly an element of mistrust that exists between part of your fanbase and him. He would be better addressing those concerns by explaining the reasons for his name change, his business background and how he has accrued sufficient wealth to purchase and finance the day-to-day running of a loss making football club because it is far from obvious in my opinion). If he fails to do so, the concerns of the silent majority will grow to being the suspicions of the majority.
Keep your eyes peeled and I will wish you the very best of luck.
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