Dick Knight betting scam on front page of Argus...........

[balloonboy]

If I was a betting man I'd put money on DK being completely innocent. In everything I've seen of Knight and this club's Board (of which he is Chairman) over the past seven years there is nothing but honesty, integrity and good judgement. We all make mistakes, and DK may have made an error of judgement in getting involved with Griffiths. However, I remain utterly convinced that DK is an innocent party. I sincerely hope I'm proved right, but no doubt there will be a long and tortuous process before that proof is finally in the public domain.

 

[Ernest]

If I was a betting man I'd put money on DK being completely innocent. In everything I've seen of Knight and this club's Board (of which he is Chairman) over the past seven years there is nothing but honesty, integrity and good judgement. We all make mistakes, and DK may have made an error of judgement in getting involved with Griffiths. However, I remain utterly convinced that DK is an innocent party. I sincerely hope I'm proved right, but no doubt there will be a long and tortuous process before that proof is finally in the public domain.

The trouble with that argument is that if DK made an error of judgement in getting involved with Griffiths how many other errors of judgement has he made ? Also the fact is that Griffiths is still involved in the club as a 'major shareholder'.

 

[The Auditor]

This is going to run and run ... the gambling authorities are involved as they will not want this re occuring . A full investigation is underway as part of the new Gambling Bill that will monitor online betting

 

[London Irish]

The trouble with that argument is that if DK made an error of judgement in getting involved with Griffiths how many other errors of judgement has he made ? Also the fact is that Griffiths is still involved in the club as a 'major shareholder'.

And the trouble with your argument is that it piles fevered speculation on fevered speculation. How reasonable it is to suggest that Dick Knight should have seen Griffiths coming? Perhaps, Ernest, you can point me to any speculation/comment about Griffiths' business conduct over the last few years that would have given rise to reasonable suspicions. I'll await with bated breath. It is entirely plausible to believe given what available facts we have that Knight is also a victim of this affair.

 

[BensGrandad]

As I see it DK is innocent until proved otherwise but the whole question is about confidence and the old saying 'there is no smoke without fire' Who in their right mind would come forward and offer money to a company that DK is asociated with until he is completly exonerated of any blame or wrongdoing.

A question that I first asked when this matter arose but nobody has answered as yet is : Can KG or any investigating body claim his Directors loans back and if so could this then in turn encourage other people to whom we may owe money to i.e VAT Inland Revenue etc to demand their money immediately in case the club goes 'tits up' This in itself is a major worry because such action could bankrupt us.

Before anybody jumps at me I do not care whether or not DK is implicated other than what affect it will have on the continuance of this club.

 

[Beach Hut]

Is this what you were angling at previously BG ?

 

[BensGrandad]

As a politician would say 'No comment' but I would be grateful if somebody could answer my questions and fears.

 

[The Large One]

Just when one shit-stirrer goes to bed...

He hasn't been accused of blame or wrongdoing, so how can be exonorated? :thud:

 

[BensGrandad]

As has been explained to you on here many times and I would have thought that yopu had sufficient 'nouse' to be able to understand he is a major player in this by implication and aasociation and the fact that he is only an executive director and received no money from the firm means sweet FA.

 

[London Irish]

Just when one shit-stirrer goes to bed...

He hasn't been accused of blame or wrongdoing, so how can be exonorated? :thud:

The only surprise is that it took him this long to stick his helpful oar in.

 

[BensGrandad]

The only surprise is that it took him this long to stick his helpful oar in.

I have been out most of the day as I have other things to do in my life other than trying to make you understand anything.

Instead of 'popping at me' why not try to give an answer to my fears or at least your biased view.

 

[BensGrandad]

Just when one shit-stirrer goes to bed...

:

Perhaps we should send the investigators some flowers!!

 

[The Large One]

I have been out most of the day as I have other things to do in my life other than trying to make you understand anything.

Instead of 'popping at me' why not try to give an answer to my fears or at least your biased view.

Biased view? I take nothing from someone who believes that this club would have its new ground by now if Archer / Bellotti / Stanley were still in charge.

What does a 'major player by implication and association' mean? You're either a big player, or you're not.

 

[The Auditor]

wait and see .....innocent until proved guilty ....DK does have questions to answer based on Company Law and Betting Regs ...Until that happens I think we are all getting to excited on here

 

[BensGrandad]

wait and see .....innocent until proved guilty ....DK does have questions to answer based on Company Law and Betting Regs ...Until that happens I think we are all getting to excited on here

I would agree 100% but I am seriously concerned, not so much about DK involvement but that of KG if his money can be claimed back and the knock on effect with other institutions as I mentioned earlier

 

[The Auditor]

I would agree 100% but I am seriously concerned, not so much about DK involvement but that of KG if his money can be claimed back and the knock on effect with other institutions as I mentioned earlier

If KG is guilty of any financial fraud then the authorities will seek to recover all relevant assets to minimise any shortfall.
With falmer the business plan should stand on its own merit and funding only effected if there is a loss of business confidence

 

[attila]

Nothing to do with Dick. Nothing at all. As for the other bloke, seems he should have absolutely nothing further to do with the club.

 

[Pavilionaire]

This "other bloke" might just have defrauded £3.5 million from his customers whilst being an Albion director and shareholder, invited onto the Albion board by our chairman, who just happened to be non-exec chairman of the dodgy company in question.

I'm sorry, when it comes to money we need to be whiter than white, and that means a full statement from the club to satisfy the stakeholders and potential investors of the club that Knight is not dodgy.

Anything else makes it look like we're running a tin pot organisation here.

 

[BensGrandad]

Thank you. You have answered my questions.

 

[Deano's Right Foot]

I think that BensGrandad has raised one valid point. I understand that while Griffiths has resigned as a director he is still a shareholder.

I don't know how much KG has invested in the club or what his shareholding is. If the Albion were to severe all connections with him then would this mean someone having to buy out his share?

Would the best situation be for KG to write off his investment in the Albion, but would he do this, and would their be any tax implications on this write-off?