Good work big boy. Sounds like lots of positive stuff happening behind closed doors. How it should be.

For those wishing to apply on-line the link is now up. https://wakefieldtrinity.com/become-a-s ... QwZtRJQGsM

For those wishing to apply on-line the link is now up. https://wakefieldtrinity.com/become-a-s ... QwZtRJQGsM

This is really about the bigger investors, I imagine. The smaller investors give money that will be gratefully received, and to be on a roll of honour would be fun, but this is really about attracting bigger interest for the Grade A status.

We are on the cusp of either something momentous for the club, a rebuilt ground and guaranteed non-relegation, or a real missed opportunity.

As a club, we had nothing to offer to those big money types who like throwing money at a sporting club. Bad facilities and endless scraps at the bottom. Get Grade A and suddenly we are a different proposition. A hundred £500 investors won't get us Grade A. Ten £50,000 investors might.

Sorry Slugger, you are so far off the mark with this one.

Sure 50k investors would be lovely so you're right there, but tbh it's the lesser of the two at the moment, as in truth it's hardly likely that a 50k investor will just appear and sign up online and certainly not before the 1st of Jan, it's more of a slow burner, or to put it another way the club are alerting people to the possibility

.

The members one is the key one for now, and I say that without hesitation. It's not just about the money it's about inclusion and about belonging to something special, being in a club not just watching it. The aim is to make the club as close to a members club as a Limited company can get, it's in the title of the scheme

. One where the members have a say, even if they don't decide the the outcome.

The club want people to invest at every level, not just money, but the desire to push the club forward. None of the current directors believe they have all the answers, sure they will have the final say, but they will listen, three time a year as it happens.

Even if we only manage 100 x £500, it's still an extra player, or retained, or a finishing touch to some part of the ground, and in there own way they all count to grade A.

Do you know if there is any sort of expectation on sign ups from the club, Vasty?

No, but I think I'm ok in saying we have already hit double figures. So at a minimum of £500 thats 5k bagged, not bad for 24 hours.

Of course getting people to apply and actually pay are not always the same thing, so I personally remain cautiously optimistic.

PS, in case you're worried, I only see the number of returns as part of my administering the workflow, I can't see the details or the amounts as I've locked myself out of that bit and would need JM's permission to get back in, so you're safe from me

Excellent work.

I hear John Minnards is attending the RWB Facebook group breakfast tomorrow morning. The meet is really linked to the renewal of the FB group's sponsorship of Jai Whitbread but I reckon John will be fielding questions relating to the share purchase. There have been initial queries as to whether the FB group could actually put together a purchase.

Fair play. I misread it. Not that I was being dismissive of the desire to get smaller investors. I just saw it as saying to big money, "get on board, get us Grade A, and we can become a big club together", with the smaller investors creating a buzz.

There are no negatives for this though. More money, better engagement. I worry that £500 is a lot for the rugby league demographic, particularly near Christmas and a panic about fuel prices, but the price has to reflect the cost of administering it, I presume. Administering 300 £500 shares is probably cheaper than administering 1,000 £100 shares.

Anyway, what do I know? It's a great scheme, I hope it brings in the funds we need, and I hope we start to pique the interest of local big money who want to spend it on a sporting hobby when we get Grade A!

It’s not that you were wrong, you just weren’t totally right



The way I see it is that money follows money but it also follows the feel good factor. Someone with 50k to invest will hopefully be more likely to give it a go if they see lots of average punters investing £500. It’s all about giving people the feeling they are joining in something on the up rather than a train wreck.

Biggest problem with Trinity over the last 40 years is the perception, mostly correctly, that we are a loser club. The worst people for doing that I’m afraid to say are some of the fans and not just the perpetual moaners but some really dedicated ones.

We need to alter that and one of the best ways imho is to give people a vested interest. It’s a bit like the ex council house owner who once they buy the house puts on a new front door. It’s pride if ownership.

Won’t apply to all fans by any means but for those it does it seems foolish to ignore their support.

Anyway sermon over now buy some shares

This is an intriguing and sensible idea.
I remember us (Hull KR) doing a "marquee player fund raiser" at the end of 2019 for the start of the 2020 season. Just before covid. It was fans only initiated with an "initial" target of 100k, it raised about 7.5k which fell flat on its face

.
Wakefields proposal sounds a lot more bang for your buck though to be honest and if you've done 5k in 24hrs that's actually very promising, genuinely hope it goes well as the sport needs lifting in general with stronger clubs all round and let's face it the whole comp needs to bridge the top to the rest.
I do kinda shudder to think where Hull Kr were 3 years ago to where our plans are moving forward from our news yesterday, lightyears apart.

Thanks for that.

Two thing, I can’t confirm those ten application but I’m pretty sure, I’m certain of at least one as that’s me



Also at present that are just applications not hard cash so early days.

Sorry make that three. The club couldn’t in many respect have picked a worse time to launch this considering the economic climate, yet overall it had to be now with so much positive development going on. It will be difficult for people, even for those like myself for whom £500 is usually an amount of money easier to find than at present. So I’m hoping personally that as things hopefully improve more people will eventually join what is a fairly open ended scheme.