Page 7 of 8
Re: Charlatans
Posted: Tue Feb 18, 2025 9:00 am
by EastTerracer
Tony wrote: Tue Feb 18, 2025 4:50 am
James Newman who brought the Movember relationship to the club has resigned as a director.
I wonder if that signals the end of the shirt 'partnership' ? Perhaps the £123 raised by the brother for burpees was a disappointment.
Re: Charlatans
Posted: Fri Apr 11, 2025 8:56 am
by Tony
I have just been sent the latest Linkedin post from the Petruzzos following their exit from the club. I can't post a link as they long ago both blocked me from their profile to presumably stop me reading or commenting on their posts. However, some of you here will have access and can post the link. Naturally they present the exit as great proof of their "Venture Capital FC" playbook from identifying a high-potential club to managing the full life cycle of capital rase, acquisition, turnaround, and exit." You can read all the self-serving nonsense yourselves and have a chuckle once someone finds the link.
Re: Charlatans
Posted: Fri Apr 11, 2025 9:25 am
by geedub
Here is the post - difficult to find for some as they like banning people from accessing it. Difficult to read for those that can access it.
The usual lack of self-awareness. The real facts seems to be that that they've effectively been run out of the club by their fellow shareholders and they pushed things right to the brink presumably hanging on for some undeserved payout for themselves .
Thank goodness it appears that the people now in control seem to properly understand what the club is about and know it's not just another chapter in some MBA study book. Let's hope they never show their face in British football again.

Re: Charlatans
Posted: Fri Apr 11, 2025 9:57 am
by Les1949
...and I thought that Trump was delusional - these two are on a different planet!
Re: Charlatans
Posted: Fri Apr 11, 2025 10:01 am
by geedub
Les1949 wrote: Fri Apr 11, 2025 9:57 am
...and I thought that Trump was delusional - these two are on a different planet!
Ha - it is very much the same mentality. If you say it enough, some people start to believe it's true.
Re: Charlatans
Posted: Fri Apr 11, 2025 10:08 am
by Shepperton Supporter
Let’s hope we can draw a line on this episode of the club’s history and move on. However we must not forget this and to be wary of it happening again.
Being a very charitable person, let’s say they had good intentions but the scale, complexity of the task presented was more difficult than they imagined and they made errors that some of us, with a deeper understanding of the nature of football at our level, would not of made.
We all hope that the new owners will not make of these mistakes, take sounder advice and see the club flourish in its current level.
Re: Charlatans
Posted: Fri Apr 11, 2025 11:06 am
by Tony
Unfortunately we can't stop it happening again. The only way that this might be possible would be for supporters or some similar body to have an effective block on the board making decisions. No one is going to fund the club and allow someone else who has no meaningful financial stake from exercising that sort of power. And there is no assurance that supporters would be any better placed to make the right decisions (though hard to see how they could do much worse than what we have just experienced). The National League authorities have tried to regulate clubs' finances by imposing controls but has this stopped such situations happening time and time again? I think it always comes down to the quality and experience of the people running the club and a proper governance structure which should include fan scrutiny and engagement.
Under the Petruzzo's leadership there has been a combined loss between club and Ramayana of £2.3M and that doesn't include this current financial year or the 5 months of FY23 following their takeover. Venture capitalists are judged on the return they make for their investors. It used to be the case that investors were looking for a 30% return on their money so it will be interesting to see what return they achieved for their investors on exit. I suspect that the investors only consolation is a tax deductible capital loss. As has been said many times before, how do you make £5M from a football club investment? Invest £10M.
Re: Charlatans
Posted: Fri Apr 11, 2025 11:29 am
by Lord Elpus
Shepperton Supporter wrote: Fri Apr 11, 2025 10:08 am
Let’s hope we can draw a line on this episode of the club’s history and move on. However we must not forget this and to be wary of it happening again.
Being a very charitable person, let’s say they had good intentions but the scale, complexity of the task presented was more difficult than they imagined and they made errors that some of us, with a deeper understanding of the nature of football at our level, would not of made.
We all hope that the new owners will not make of these mistakes, take sounder advice and see the club flourish in its current level.
It's undoubtedly great news, but without wishing to be a doom merchant there could still be some tricky times ahead. Pretty much all the stalwart volunteers who used to be around have gone. This is a huge gap, not just because the place hasn't felt the same since, but because those are jobs that need doing. Most of them aren't glamorous roles but are nonetheless extremely necessary. Our loss seems to be Hanworth Villa's gain...personally I don't really understand how you could transfer your allegiance from one club to another, even as a volunteer, but it seems that quite a few have for their own valid reasons. (Admittedly I didn't have any dealings with the brothers, but it was such a huge shame to see Tracey et al go. Perhaps in their case it was understandable as from what I heard their treatment was inexcusable.) Maybe some of these could be tempted back? Perhaps, but I'd be very surprised, so that ship has probably sailed. The club needs to win friends again.
Surely we don't ever want to be in a position again where we are hiring full-time managing directors, employing Heads of Staff, advertising for full-time Club Historians, putting up a Manager at an exclusive local hotel (as well has having a manager who thought that was a good look) and having owners whose grandstanding nonsense made the club look such a laughing stock locally.
I think it's a real opportunity to have a major re-boot, as a true community club, maybe starting with letting the Trust have a representative on the board.
On a final note, how about letting Alec Barry attend once again? Every club needs an Alec...he galvanises the support behind the goal, yes, he might get a bit overexcited at times but if we can't accomodate supporters like him then we ought to take a long look at ourselves. Are we a football club or a Garden Centre Tea Room? It's not like any behaviour at the Bev is exactly akin to Millwall, now is it??
Re: Charlatans
Posted: Fri Apr 11, 2025 1:10 pm
by Les1949
Lord Elpus wrote: Fri Apr 11, 2025 11:29 am
Shepperton Supporter wrote: Fri Apr 11, 2025 10:08 am
Our loss seems to be Hanworth Villa's gain...personally I don't really understand how you could transfer your allegiance from one club to another, even as a volunteer, but it seems that quite a few have for their own valid reasons. (Admittedly I didn't have any dealings with the brothers, but it was such a huge shame to see Tracey et al go. Perhaps in their case it was understandable as from what I heard their treatment was inexcusable.) Maybe some of these could be tempted back? Perhaps, but I'd be very surprised, so that ship has probably sailed. The club needs to win friends again.
Re the treatment of volunteers (and bar/kithen staff), speaking as the ex-Club Historian (they never did replace me, despite advertising for one!)...
Lesley & I have continued to attend home games, whilst also going to Hanworth Villa when Hampton are away (the only away game we attended was Hartlepool). - Access problems, travelling, finding hotels with the right facilities etc since Lesley had her stroke 2 years ago limits following the team.. As volunteers, we were possibly one of the first to 'resign' our positions as were both made to feel that we didn't add value. I can't speak about other individuals who left (not all ended up at Rectory Meadow), but a number of those who left were then made very unwelcome when they attended games, in a few cases virtually banned. The brothers never acknowledged our presence at games, in fact occasionally looked right through us as if we didn't exist. Now, some of the volunteers/staff have found a 'home' with the Hanworth Villa 'project'. The atmosphere at HVFC has improved beyond recognition, a bit like Hampton used to ne years ago. The facilities are being upgraded. They have obtained planning permission for further improvements - an artificial pitch is sceduled to be in place for next season. I doubt very much if they will return. They were welcomed with open arms and made to feel valued.
Re: Charlatans
Posted: Fri Apr 11, 2025 9:43 pm
by ChiswickJim
Lord Elpus wrote: Fri Apr 11, 2025 11:29 am
It's undoubtedly great news, but without wishing to be a doom merchant there could still be some tricky times ahead. Pretty much all the stalwart volunteers who used to be around have gone. This is a huge gap, not just because the place hasn't felt the same since, but because those are jobs that need doing. Most of them aren't glamorous roles but are nonetheless extremely necessary. Our loss seems to be Hanworth Villa's gain...personally I don't really understand how you could transfer your allegiance from one club to another, even as a volunteer, but it seems that quite a few have for their own valid reasons. (Admittedly I didn't have any dealings with the brothers, but it was such a huge shame to see Tracey et al go. Perhaps in their case it was understandable as from what I heard their treatment was inexcusable.) Maybe some of these could be tempted back? Perhaps, but I'd be very surprised, so that ship has probably sailed. The club needs to win friends again.
Surely we don't ever want to be in a position again where we are hiring full-time managing directors, employing Heads of Staff, advertising for full-time Club Historians, putting up a Manager at an exclusive local hotel (as well has having a manager who thought that was a good look) and having owners whose grandstanding nonsense made the club look such a laughing stock locally.
I think it's a real opportunity to have a major re-boot, as a true community club, maybe starting with letting the Trust have a representative on the board.
On a final note, how about letting Alec Barry attend once again? Every club needs an Alec...he galvanises the support behind the goal, yes, he might get a bit overexcited at times but if we can't accomodate supporters like him then we ought to take a long look at ourselves. Are we a football club or a Garden Centre Tea Room? It's not like any behaviour at the Bev is exactly akin to Millwall, now is it??
A lot of very good points made. I think the new ownership needs to set its stall out as to what type of club they want to run, if they want to bring alienated supporters back on board.
While they ought to be given the benefit of the doubt, I think it's worth remembering that these are investors who backed the Petruzzos and bought into their vision of the Hampton as a 'sleeping giant', ripe for expansion and commercialisation. Looking back at the 'meet the owners pt1' video on the club's LinkedIn page (posted in 2023 I think) , Scott Forbes describes himself as 'very close to the brothers'. It seems as though Mr Forbes and co may have wised up to the Petruzzo's bullsh*t eventually, but they were apparently working closely together at the time the brothers were booting out volunteers and changing the the name of the club without telling anyone, etc etc.
Let's just hope that lessons were learned and it's not a case of meet the new boss same as the old boss.
Re: Charlatans
Posted: Sat Apr 12, 2025 8:41 am
by EastTerracer
The brothers exit, as they arrived, with a big yarn.
Re: Charlatans
Posted: Sun Apr 13, 2025 2:41 pm
by RogerSW
There must be an opportunity for a new TV series with anti-Ted Lasso characters running a football club - (nearly) everything they do makes things worse ?