Joined: Jun 22 2005 Posts: 9554 Location: bradford
notice theres also a statement that no further comments will be made til after the review is finished. The old board was poor at getting information out and was rightly criticised for it. The new board has set its stall out early and simply said they are going to keep us in the dark officially.
Why does Caisley need to consider how involved he can afford to be? surely he's had last month or two to make that decision. Seems a strange comment that he now needs time to think about it.
Joined: Feb 27 2007 Posts: 1178 Location: Above the clouds, well nearly - Queensbury
mat wrote:notice theres also a statement that no further comments will be made til after the review is finished. The old board was poor at getting information out and was rightly criticised for it. The new board has set its stall out early and simply said they are going to keep us in the dark officially.
Why does Caisley need to consider how involved he can afford to be? surely he's had last month or two to make that decision. Seems a strange comment that he now needs time to think about it.
He's probably going to see how bad things are (or not) before committing himself. He's probably realised he's not flavour of the month as he had hoped and might want to find a way of winning the fans over?
Not sure how he'll do it, as taking us into Administration would pee off the majority, while saying the club can survive justify's Hoods recent actions to a degree, which I doubt he (CC) would like to do.
The other option might be that he "brings" some investment with him after they have carried out the review and his investors claim that they do so only with CC being on the board?
You can lead a horse to water but you can't climb a ladder with a bell in both hands.
mat wrote: Why does Caisley need to consider how involved he can afford to be? surely he's had last month or two to make that decision. Seems a strange comment that he now needs time to think about it.
I suspect that Ryan Duckett is on an extended interview before CC decides how much of the day to day decision making he's prepared to delegate.
Joined: Dec 22 2001 Posts: 17146 Location: Olicana - Home of 'Vark Slayer
paulwalker71 wrote:Board of Directors is now Coulby, Agar and Duckett.
EGM 'scrapped'
Caisley to head up 'strategic review' + talks with 'potential investors' ongoing.
I've invested probably thousands in Bradford Bulls/Northern over the years. I've not heard a word from Caisley's people about investing more. My patience is wearing thin.
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Joined: Mar 01 2002 Posts: 10969 Location: Bradbados
mat wrote:notice theres also a statement that no further comments will be made til after the review is finished. The old board was poor at getting information out and was rightly criticised for it. The new board has set its stall out early and simply said they are going to keep us in the dark officially.
Why does Caisley need to consider how involved he can afford to be? surely he's had last month or two to make that decision. Seems a strange comment that he now needs time to think about it.
The 'new' board is, to some extent, the previous one but with CC in the background. That board was never very forthcoming with info to be honest, so why anyone would expect it now I can't imagine. Most clubs give fans the rhubarb treatment, mostly for sound business reasons to be fair - just because we'd like to know doesn't always mean it's in the club's best interests to make things public.
Whenever you find yourself on the side of the majority, it is time to pause and reflect. Mark Twain
Joined: Dec 22 2001 Posts: 14145 Location: At the Gates of Delirium
We can all speculate till the cows come home, but it seems clear they have issued a press release and that is that for now.
I've not come across an EGM being cancelled before, so I'm unsure what the legal position is but they must be happy it's OK. Obviously, the samll shareholders are now denied the opportunity of making their voices heard.
I'd very much like to know who the accountant carrying out the review is, and in particular what his personal specialisation is - especially if it is in insolvency.
Its interesting that the backers that the Caisley camp seemed to suggest were waiting in the wings seem to be rather more tentative than we were perhaps encouraged to believe. I guess its premature to read too many bad things into that, given it is perhaps understandable that people will be reluctant to commit until the uncertainties are resolved, but it would have been nice had that been made a bit more clear earlier? Of course, if such prospective backers were of the view - for whatever reason - that they will only put money into Newco and not the existing company, then we could well end up being told that administration is the only option, and creditors not being paid and the pledge money counting for naught, if new funds are to be secured. Or if maybe the review concludes that the only way such prospective backers will commit is if they start with a clean sheet - even though that was never alluded to before. But I'm falling into the trap of speculating! It is to be hoped that there is no pre-ordained agenda, and that all parties want to avoid administration at all costs.
As for Caisley not being appointed as a director now, that will doubtless be a cause of much speculation, regardless of how much power he actually wields behind the scenes. One possibility is that he distances himself from any decisions that involve putting the club into administration, so he feels he is not tarnished by association or involvement when people end up losing money. That is not an uncommon situation, and in my view would be quite understandable. I guess that, if nothing else, staying off the baord for now keeps his options open, which may be the prudent course of action until the review is concluded.
Another possibility that has been raised by several folk on the T&A in particular is that they seem to "knopw" or believe that the RFL does not deem Caisley to be a fit and proper person to run a SL club. Although several have stated this as if fact, I must admit I have never ever seen this referred to anywhere official - nor would I have expected to, even if it happened to have some legs. So those folk either have some inside/confidential information, or are just speculating or repeating gossip. I'll work on the assumption that it is the latter, unless it is ever shown to be otherwise. There is far too much dangerous gossip flaoting around as it is.
Or maybe he is genuinely unsure of how much he wants to get involved day to day again? Especially if, as they say, they don't yet know the full position untikl the review is completed. After all, who the hell would want that thankless job? No pay, lost of work, LOTS of flak from the fans (much of which doubtless uninformed and/or unjustified) and no small amount of very personal abuse - you'd either have to be very very passionate about the club, have huge self-confidence and ego or be very naïve IMO to take the job on! Indeed, some on places like the T&A have suggested that, and suggested that he wanted to stand down earlier than he did the last time because he had a young family to see. That would make perfectv sense to me, tbh, although if not him then who? Maybe a key decision is how much real power to delegate to the CEO, be that Duckett, Tasker, or whoever - like the Hetherington situation at Leeds? And especially any decision regarding bringing Tasker in as CEO and what Noble's role would be, and where that then leaves Duckett and Duffy? I could easily see a key decision being whether the chair role remains executive, or becomes more non-executive.
I certainly believe that, later in his first tenure, Caisley was feeling let down by the fans. A number of reasons, one of which being his response to how fans responded to one of his public attacks on the fans for not turning up in enough numbers - which concern was clearly and understandably IMO worrying him greatly, as I saw with my own eyes. In that case (and it was not that long before he stepped down, and was the first hint I had that he might) he said that he hoped his successor would find the job a bit easier than he had. I still have a copy of the email where he said that. And I must admit its hard not to sympathise, since in that job you are damned whatever you do. So it is far from impossible that he indeed is unsure how much commitment now to give?
But it's all speculation, and only he knows the extent to which any of the above may or may not be pertinent. I guess we'll just have to sit it out an wait until they next decide to tell us something. I'd doubt that the hopes of many fans, for more openness and engagement, will be realised in the short term, since much of what will be going on will be commercially sensitive. And understandably so IMO. Beyond that, I guess that is too far ahead right now.
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