Showing posts with label Francesco Becchetti. Show all posts
Showing posts with label Francesco Becchetti. Show all posts

Tuesday, 4 July 2017

The Honeymoon Period

As the ink has started to dry on the transfer of ownership forms from Francesco Becchetti to Nigel Travis and Kent Teague it's got me thinking about what, as a fan, I would like to see happen at the O's once the honeymoon period is over.

The first two weeks have been nothing short of fantastic for an O's fan. In one swoop the new regime have seemingly sweeped away all the bad of the last three years and replaced it with nothing but good news.

But what would you like to see? How would you like them to perform? Here are my five things that I would love to see the new owners take on board (in no particular order) and then in a bit more detail further down the page.

  1. Look forward, don't look back
  2. Don't be reactionary, take time to get things right
  3. Community, don't treat fans as customers
  4. Honesty and integrity are important, we'll work with you
  5. Be different
Our history is important, but not as important as the one we are currently creating. It does look like we've bypassed the last three years and cherry-picked what was good with the club and re-instated / welcomed them back to the club. Nothing wrong with that at all, but let's not try to re-create something that WAS good. Let's make something that IS brilliant.

Becchetti's downfall was ego. If the fans called for the manager, he'd sack the manager to try to appease the fans. This was a vicious circle. The fans knew that a good rant would wind the owner up and put the manager at risk. This can't go on and it worries me that certain factions of the crowd might continue this behaviour looking for reactions. I've seldom seen protests at Brisbane Road and i'd like it nipped in the bud quite early on that smoke-bombs and pitch-invasions (whilst justified previously) isn't the way forward. Barry managed this quite well with his managers by setting parameters in which they could work and would only really be called to task if they fell short of his standards (relegation zone).

One thing Barry never really got right was having the fans on board. He was always a bit marmite, love him or hate him type. He also called us morons and didn't quite mock us for not having as much money available to bail us out each year than he did, but didn't fall far short of it. I liked Barry and his honesty but if the Nigel & Kent can tap into more than half of the supporter base we would really be going places. Fan on the board is a step in the right direction.

A plan! We've heard talk of a three year plan already and this is music to my ears. Orient fans won't care if we're slipping behind on the plan a bit, but just keep us informed of developments! Albeit not in a weird dictator style video while wearing a leather jacket with a yellow collar.

Be different. We're Orient, we're in the National League and for the most part we're out the spotlight now. Let's be different, let's be creative, let us not conform to the usual football stuff, let's do things differently, let's get our own identity.

Up the O's.

Sunday, 21 May 2017

Eagle Investments 2017 Limited - What we know so far

On the 11th May 2017 'Eagle Investments 2017 Limited' was incorporated on the Companies House register for UK Businesses.

What makes this company particularly interesting is that there are a lot of coincidences, rumour and hearsay that this is the company that has been incorporated to takeover from Francesco Becchetti's nightmare tenure at Leyton Orient.

So what do we know? What are the facts?

  • Eagle Investments Limited 2017 is a registered UK company that has been formed for 'Other Sporting Activites' (SIC Code: 93199 - Other Sports Activites) - Link
  • It's sole director is Nigel Travis - Link
  • The correspondence address is 'Oakwood Corporate' in Altrincham, Cheshire - Link
  • There is one other person named within the Incorporation Document with 'Significant Control' of the newly formed company, Rodney Kent Teague II' - Link
  • On page 13 of the Incorporation document, the 'Articles of Association' are drawn up by 'Walker Morris LLP' a legal practice based in Leeds - Link

Still with me? I'll go and elaborate on each point of the above now:

The nature of Eagle Investments business is 'Other Sports Activities', the exact same as the new company formed to take over Nottingham Forest, the exact same as Charlton Athletic Football Club Limited and the exact same to describe two of Becchetti's current companies registered at Brisbane Road, E10 5NF. It's fair to say that having had a quick google glance around Football Club companies, most of their nature of business are described as 'SIC CODE: 93199 - Other Sports Activities'.

The sole director of 'Eagle Investments 2017' is Nigel Travis, current CEO of Dunkin Brands in the US, lifelong O's fan having been born in Woodford. I won't go on too much about Nigel as i'm sure that if you've read this far you'll be up to speed with who he is, what he does and seemingly what LOFC means to him.
"Our family have been Orient fans for generations and regularly come to watch the team play. What better way to celebrate my father's 90th birthday than by watching the match and sharing free Baskin-Robbins ice cream with our fellow fans!"

The other person with 'significant control' of the newly formed Eagle Investments is Kent Teague / Rodney Kent Teague. Rodney isn't a prolific tweeter at all, let alone about UK football. Or to put an even finer point on it, lower league English Football. However since news of Eagle Investments and Kent's involvement broke last Sunday evening, Kent has enlightened us with a tweet a day about being a leader, how not to run a company and more recently the Championship and League One playoffs. Odd behaviour for someone who has never mentioned UK sports before.



Walker Morris LLP who drew up the legal documents for Eagle Investments have a lot of previous when it comes to handling the buying and selling of Football Clubs. So much so that they have an entire section on their website about it. In particular with the recent US investment in Crystal Palace. By chance I was looking at the Nottingham Forest takeover and noticed that they advised on the legals for that too. Click here if you'd like to read more about the services that Walker Morris provide.

Ok.. They are the facts so far. Purely coincidental? Who knows. As fans we just hope that something happens sooner rather than later.

Now the stuff below is more speculation than the facts above but worth mentioning.

Kent Teague operates out of Texas. Dallas, Fort Worth I believe. He has a company, Gold Creek Capital that is a private equity firm that invests in well-managed, entrepreneurial, emerging growth companies. When you've stopped laughing at Orient's current plight, that could be us. London club, can't really fall any lower (please God..), not going to cost the Earth and really there's only upside to come.

Link to Gold Creek Capital

Kent has a friend called Jeffrey Duclow. I've read they're related but can't verify that. Doesn't really matter. Mr Duclow also operates out of the Dallas / Fort Worth area as a Senior Vice President for Wells Fargo bank and seems to have knowledge of Asset Based Lending. Since the 8th May Jeffrey Duclow has started following the Orient Outlook podcast guys on Twitter and since then a few more O's fans too.

Link to Jeffrey Duclow

If any of the above is wrong, please get in touch. It's all been pulled from data that is out there and available to the public but regardless if something is incorrect i'd like to make amends.

Likewise if any of the parties mentioned above want to get in touch, don't hesitate.

Monday, 8 May 2017

Leyton Orient End Of Season Awards 2016/17

It's been 5 managers since my last blog. Let's Go!

The Leyton Orient End of Season Awards for Season 16/17:

The 'Young Young Player of the Year' award sponsored by Cow & Gate Baby Milk: Steven Alzate for his performance against Hartlepool and then heading home on a BMX.

The 'Young Player of the Year' award sponsored by Pampers Training Pants: Sam Sargeant for playing a considerable amount of games in goal, just three years after learning to catch the ball.

The 'Old Young Player of the Year' award sponsored by Youngs Brewery: Paul McCallum for making it to 23 years of age and still being allowed to play.

The 'Saga Holidays Special Mention' award: Michael Collins for not pulling his hair out having to look after a bunch of youths.

The 'Gagliardi Special' award: Teddy Mezague for being the first defender that can't read a bounce. Ever.

The 'Jimmy Smith Disappearing Act' award: Sammy Moore. Where on Earth has he gone?

'Leyton Orient Supporters Club' player of the year award goes to Romain Vincelot.

The 'Adam Legzdins Great Escape' award goes to Ollie Palmer. Well played lad.

The 'Chairmans Manager of the Year' award: Andy Bitch Boy Hessenthaler.

The 'Vito Miceli Puppet' award: Ulrich N'Nomo for not doing much and picking up a wage.

The 'Angelieri, What The Fuck Am I Doing Here' award: Kennedy, Kelly, Massey, Parkes and Weir.

The 'Joshua Birtwistle are you really injured?' award: Yvan Erichot who hasn't been sure if he's been injured or not all season.

The 'Ollie Palmer, I Ain't Coming Back' award: Jordan Bowery.

The 'Jordan Bowery, He called Me A What?' award: Ollie Palmer.

The Board's 'Charisma' award goes to Alberto Cavasin.

Goal of the Year award goes to Jens Janse for his goal and performance in the face of adversity against Blackpool.

The 'Callum Kennedy Going Through The Motions' award: Andy 'Go on then i'll take the job because i'm waiting to hear from a better one' Edwards.

The 'Danny Edwards You Are Effing Tired' award goes to Alex Cisak.

Jack Skellington 'Nightmare Before Xmas' award goes to Nicky Hunt.

And finally the 'Omar Riza Effing Geezer' Stone Island jacket goes to Liam Kelly for pushing a ballboy over.

Sunday, 8 February 2015

How Leyton Orient fell from top to bottom

25th May 2014 - Chris Dagnall misses the spot-kick that promotes Rotherham to the Championship after a nail-biting thriller of a League One Play-Off Final.

7th February 2015 - Yeovil Town beat relegation rivals Crawley Town, to send the same O's team (minus Odubajo) to the bottom of League One.

Let that sink in for a moment. The EXACT same team that performed heroics and re-wrote the record books last season, have just hit rock-bottom.


A lot has happened in 37 weeks (258 Days to be precise). Pretty much all of it can be blamed on Francesco Becchetti's new regime. Allow me to explain over the course of this lengthy blog entry.

First off, the one thing that can't be blamed on the new regime is that Moses Odubajo was sold to last-seasons rivals Brentford. That was down to Hearn / Matchroom / Slade. For the record i think a million pound was an absolute steal for Brentford and if he had to go, the form he was in, I'd have thought upward of £2.5m would have been realistic.

Secondly, Barry Hearn seems to have found an owner that is willing to pump money into the cause. How he's gone about it we'll discuss, but nobody can say he hasn't thrown money at it.

There are currently two schools of thought about the plight of the O's:
  1. It's clearly all down to the players. They've now failed under four managers.
  2. The way the club is run is in such a state nobody really understands what's going on anymore.
Personally I'm 100% behind the latter theory and with a couple of shrewd appointments (more about why this won't happen later..) this team could easily be competing in the play-offs (not now though because it's too late).

How it all went wrong:

Appointing a  Sporting Director.
This was an absolutely nonsense position to create that made no sense when it happened and still doesn't now. Nobody really understands why Mauro Milanese was brought in and what he actually added to the club.

It basically undermined Russell Slade's position and ultimately made it untenable for him to carry on as Manager.

Milanese has now been relieved of all his positions at the O's. Probably because he acted as an agent and a Sporting Director in some of the transfer deals.

Giving the players a pay-rise / signings players on a fortune.
By all accounts the first thing that the new regime arranged was to increase all contracts at the club by 20-25% after last season heroics and to spend big.

Step forward Jay Simpson, Darius Henderson & Jobi McAnuff. If rumour is to be believed their combined salary is £20k a week. Are they good players? Yes they are. Did they want to play for Russell Slade? Yes they did. Are they now lumbered at a club in turmoil? Yes they are.

Giving Russell Slade an ultimatum / then sacking him / then refusing to let him go / etc.
Did Russell engineer a move away from the O's? Probably. Would you blame him? No. If your new employees who from the offset didn't want you in charge gave you an escape clause would you take it? Yes you would.

The bottom line is that Russell Slade was the best manager we've had in 30 years, is highly regarded in the game, was voted manager of the year last season, had the contacts when strings needed to be pulled and as a League One club, was about as good a manager as we could have asked for. He remains the most successful of a four 'managers' we've had this season.

Waving goodbye to Matt Porter.
Hugely knowledgeable ex-CEO of Leyton Orient should have been given the chance to ease the new owners into it. As it turns out he was thrown out the club after 86 days of the new regime.

Nothing wrong with having your own people in, just let the old people help out with the transition.

Things as simple as paying the Sky TV bill that hadn't been paid the other day or when the players salaries had been missed. The signing off of employment contracts. The approval of the referral cheques. The minutes from the fans forum. The list is endless.

New CEO & Sporting Director talking to fans on the train.
It's not the brightest of things to be doing. Spilling the beans to fans before and after matches, telling them about future plans. These things should be kept in-house.

Appointing Kevin Nugent as Caretaker, then Manager, then Coach, then Interim, then sacking him.
Nobody will ever know why Nugent claimed that he was the manager, but Milanese was telling people on trains he was the caretaker, then it all got changed round again and Nuge claimed he wasn't the manager but would be soon. Then he finally emerged as Interim Manager. Nobody seems to have known what happened and ultimately it was all a load of bull because as soon as Russell Slade left, Mauro Milanese was picking the team. How do i know this? Because after Russell Slade left, the dressing room was lost to the new owners and all the structure previously put in place had collapsed.

Sacking Nugent and replacing him Mauro Milanese as Manager.
Another nonsense managerial appointment as Milanese was out of his depth, nobody liked him, nobody really understood him and nobody wanted him there.

Believe it or not, the O's currently have a strong team with some loud voices in it. They can spot a fraud a mile away, just like any of us can in our own field of business. They knew what Milanese was able to bring to the table. They didn't play for him when Nugent was the stooge, they weren't going to play for him now.

Sacking Milanese and not replacing him adequately.
This was it. This was when the owners could've made something happen. All they had to do was appoint someone with Football League experience. Someone who the players could believe in. They didn't. They replaced him with Fabio Liverani who had previously managed youth teams in Italy.

The appointment of Liverani was the final nail in the coffin and has relegated us. The short of it being, he has no experience in this league, no contacts in the UK, no kudos with the players and can't even seem to rouse them in the slightest.

Basically the players don't understand him or are even attempting to make it work. They sense another fraud and i agree with them. Speaking through an interpreter everything gets lost in translation. Whether its a rollocking or something tactical it all just gets lost.

All 3 managerial appointments have been poor.
Nugent, Milanese, Liverani. I'd even argue that you could call them Managers. None of them have or have had the pedigree for the job in hand.

The correct appointment would've been a Mark Robins or similar. Or if we are pushing the boat out, Brian McDermott or Neil Warnock to get us out this mess. The players would recognise these types as respected football people and play for them.

Unfortunately for us, the names mentioned above would probably speak to Russell Slade or the current crop of players beforehand who would warn them away.

Backroom Staff.
The entire backroom staff have been replaced except for Nugent who is now paid a fair whack to not really do much by all accounts.

Since Kevin Dearden has left, the scouting network has collapsed to such an extent that we haven't even been scouting our next opposition. This is particularly amateur and is almost single-handedly to blame for the recent deluge of set-pieces we've conceded from. All down to the fact that we have nobody out there scouting for us.

The new physio literally isn't a physio. He isn't qualified. Apparently this is getting grief from the authorities. Another extremely amateur mistake.

The new Goalkeeping coach doubles as the translator for Liverani in interviews, but more telling the highest level that he has played is amateur football. Which equates to an amateur ex-goalkeeper is training our two senior 'keepers and also our promising England U-18 starlet.

We've also appointed a fantastically titled 'First Team Liaison Manager' if anyone can help with that please let me know.

Transfers.
As has been mentioned above, as we now have no scouting network and a manager with no contacts in the British game, the only people we're able to sign are either desperate for a club (out of contract like Josh Wright, Plasmati), returning from injury (Neal Eardley, Jack Price), or young and inexperienced (Lundstram, Hedges).

All those mentioned above are regularly debated about who was responsible for signing each of them. That speaks volumes in itself.

Let's not even talk about Baudry training with Peterborough for a week, then told to come back, then told he's going out on loan, then not being for sale at any price. Poor sod.

Ask yourself if you'd join Orient at the moment. A manager you can't understand and a whole heap of backroom staff that don't really do much or know what they're doing.

Dossena.
Earns £20k a week. Nobody has admitted to signing him. According to newspaper reports, we didn't even scout him, he just sort of turned up and we started paying him. Hasn't been seen for a while.

The First Team.
Whilst i don't think they've covered themselves in glory of late, i find it hard to put the blame at their door. As a defender you're told to mark a certain man, hold a high line, drop back, play offside.. Or a forward is told to run into certain spaces, put someone on their weaker-foot, etc. Even midfielders are given instructions about playing deep, pushing up, hit the wings, go long.. but if we're not scouting any teams, the management haven't this information to give and we're getting picked off. Week after week. And the management don't know how to counter it. It is so obvious that we've not done any research on teams.

Injuries.
In my opinion, half of our injured players aren't injured at all, they're just swinging the lead and hoping for a transfer ASAP, to try and rid themselves of the bad management they've ended up with.

We've all had crap jobs, where we've wanted to leave. Amazingly 258 days after being at Wembley, being at the O's is a crap job.

A British manager, one that understands the psyche, could sort this out immediately.

Sunday, 1 February 2015

Who's responsible for the transfers? #lofc

If rumours are to be believed we're going to sign Larnell Cole tomorrow.

Now before I carry on, I've got nothing against this fella at all and wouldn't know him if I walked past him in the street. I genuinely hope he turns out to be a massive success for us and goes on to captain England.

But what worries me is WHY we are signing him, and more importantly WHO is signing him?

So who is the lad and what does he do? Born in Manchester he was at United from 2009,  played his way through the youth setup and then followed Rene Meulensteen to Fulham at the start of 2014. Since then he's had three games at MK Dons on loan last season. All i can gather about the former child superstar is that he can play in central midfield, right-wing or right-back.

And at that point i'll stop and take some air in. Because now i'm confused.

Since Liverani has been here we've signed Josh Wright permanently and then bizarrely brought in John Lundstram on loan who seems to have replaced permanent signing Wright. They were brought in, we assume, to play alongside Romain Vincelot. We also have Marvin Bartley and Harry Lee on the books from the old regime. Pritchard is a central midfield work horse. 

Two weeks ago we brought in Ryan Hedges to play on the right-wing, and by all accounts he actually looks decent, but has been dropped in favour of an out-of-position Bradley Pritchard. We also have Shaun Batt, who by his own admission isn't injured and is a right-winger. And don't forget McAnuff if he ever gets himself fit enough.

About a week ago we added Neal Eardley to the squad, an out-and-out right-sided player who was playing in the Premiership for Blackpool at right-back a couple of seasons ago. He's also more than comfortable at wing-back or right-wing at this level of football. Eardley has since played once and was then dropped for Omozusi who he'd been brought in to replace the previous week. Prior to all that Scott Cuthbert played an entire season at right-back. Bradley Pritchard and Matt Baudry can also play at there.

So we're bringing in an inexperienced young player to play in positions that we already have covered by other loan players at the expense of leaving our own more experienced players out the team?

So who's responsible for this transfer?

I think we've all read the documents that allege Liverani, Milanese and Becchetti all sign their own friends or words to that effect.

Or maybe this signing has been arranged by our chief scout, Gianluca Romano.


Who is also an agent according to his Twitter Biography and the FIFA list of Italian agents.


Which according to the grapevine, being a Chief Scout and a Football Agent isn't good practice.

Sunday, 7 December 2014

The Italian Job - Russell Slade's Pre-Season Signings - Part One

There's been a lot of criticism of Russell Slade's Pre-Season signings. Let's delve into what happened, why it happened and how it happened.

The takeover from Hearn to Becchetti is complete. If rumour is to be believed, Russell was asked to name five players for each position in the squad, funds not a problem, anyone you like. Mauro Milanese (of whom we'll discuss later) and Becchetti would do the rest.

Naturally Russell went shopping in the Championship as any sane fella would do.

Adam Legzdins - Signed a two-year contract on the 13.06.2014.
According to both Slade and Legzdins we'd been in for him the previous season when he was at Derby and we needed a keeper. Derby were reluctant to let him go, fortunately for us we got Jakupovic.

Slade obviously liked the sound of Legzdins and at 6' 4'' he certainly sounded like the dominant type of keeper that Jones wasn't.

Bradley Pritchard - Signed a two-year contract on the 10.07.2014.
On the face of it, nobody really knew what this signing was about. We'd lost Moses to Brentford, but Pritchard certainly didn't spring to mind as a direct replacement on the wing. Personally i put this signing down to adding a bit of depth in midfield, providing cover and competition for Vincelot and James.

Regardless of what Slade had in mind, we'd been picking from the Championship again so no complaints on that front, plus the few Charlton fans that piped up said that we had a livewire-workaholic type of player. That definitely fits the Slade mould.

Gary Woods - Signed a two-year contract on the 17.07.2014.
Wow.. We can afford two Championship quality keepers of our own! No loans for a change! Similar to Legzdins in that we as fans had no real idea of what we were getting.

We knew that he played a load of games for Doncaster when they were promoted from the Division Three though. Gotta be a good keeper.

Shane Lowry - Signed a two-year contract on the 21.07.2014.
A player that we've heard of! I think Russell brought Lowry to Brisbane Road to shore up the left-back position and add some more quality depth to one of the best defences in the league.

25 years old, over 100 games at Championship level, this was a top-notch signing.


The Lowry signing had me (and no doubt others) starting to realise that Slade's shopping list wasn't a fabrication at all. We had a new owner, we meant business, and the four signings so far had definitely improved on what we had the previous season.

Saturday, 6 December 2014

The Italian Job - Francesco Becchetti

Who is this chap that spent £7m on taking Orient from third-tier challengers to relegation candidates within three months?

I'll try to shed some light on him. Mainly cut and pasted from old news articles.

Francesco Becchetti:

  • 48 Years Old.
  • Owns the Becchetti Energy Group (BEG). The core business is the design, construction and operation of hydroelectric plants and integrated centres for the treatment and exploitation of municipal solid waste, both in Italy and abroad.
  • Comes from a family of waste disposal expertise. His uncle is Manlio Cerroni, the controversial owner of the Malagrotta landfill site and other sites across Europe.
  • Also active on the wind energy sector across tha Balkans.
  • Possibly resides in Albania.
  • Took a lower-league handball team to the top of the competition in Italy.
  • Just started the Agon TV Channel in Italy. It's been active in Albania for 18 months. Agon channel will specialise in Talent shows.
  • Married to Armela Becchetti.
  • Sounds like a Tony Soprano character. Waste management, Italian and all that..


The Italian Job - The Takeover

Things moved pretty swift in the summer at the O's. We only finished at Wembley towards the end of May, by mid-June things surrounding a takeover were moving swiftly.. a new company had been set up, registered in Covent Garden owned by three Italians and Barry was giving it the big 'un in the press.

Franceso Becchetti, yes him of the shit-shifting empire, had been at Wembley to witness us take Rotherham to the cleaners and snatch our rightful place in the Championship after pissing the league all season capitulate in the second-half. And again in the penalty shoot-out.

Regardless of the outcome he must've been impressed with what he see. An upwardly moving club, Manager of the year, no debts, crowds growing and three previous matches where the atmosphere was amongst the best we've seen at Brisbane Road ever. Plus a little Barry sitting on his shoulder '..Go on Franny lad, dare ya.., you can make things happen here...bring yer shit-shovelling here and work yer magic..'

Credit where it's due, Becchetti bought us on the 7th July 2014 for £7m. He didn't get the ground though. That stays with Matchroom. No need to worry on that front hey?!?!?

Let me clarify that for you. Generally speaking he paid £7m for 20-odd people that kick a ball around for a living in the third division. There was a lot of goodwill included in that £7m though. Aside from West Ham fans, we're everybody's second favourite team.

When you're a billionaire I suppose you have these impulse buys.

What we know now but didn't at the time:

  • Francesco Becchetti had the right hump that Moses was sold to Brentford for a £1m. Still not sure why he had the hump about it though. Maybe he thought he was worth more (i certainly did), or because we sold them to a rival (at the time, they're so much better than us now though).
  • We were going to be part of an Italian / Albanian TV show about football.

The Italian Job - Prologue

I've dusted off the old blog and decided to pen a few (a lot of) words about the current state of affairs at the O's.

I'm not going to talk about anything from the 2013/14 season as i prefer to keep that locked away in my brain. After all, when Coxy put us two-up just before half-time, there ain't too much more to mention apart from comfortably seeing the game out...

Moving on.. basically it's all gone to shit. I'm gonna attempt this by having chapters. First of i think I'll start out with what i believe happened over the close-season. Then move on to Russell Slade, then Nugent, now Milanese. Then maybe a bit on the players. Hopefully there'll be more logic behind what i type than a basic rant.

I'm pretty sure that nobody will agree with my views. And that's fine. I just feel that i have to get a few bits off my chest..