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| Quote The Clan="The Clan"You seem he'll bent on painting the share offer as negative!
There's been enough assurances and explanation for anyone to see that their £1K will either help the club survive or they can have it refunded in full if that's what they want.
Some people asked if there could be a tangible benefit to th offer and the club responded with a package of benefits.
As for a Trust being formed, who knows? I'm sure every avenue available is being investigated.
One thing for definite is that if the share issue is successful the current BoD will have ZERO, NILL, ZIP, NADA, NO INFLUENCE NONE!'"
Calm down, I was only tying to ascertain weather the fans would actually come out of this with any power. I am not saying that the money will not go towards helping the club survive. I am trying to make the point that will owning all these shares give the fans any real say in the future.
And of course the share offer is negative as it only away of getting the fans to pay of the debts of the club, which is hardly a positive situation is it? Why did Ted not offer the fans a say in things when they had some cards left to play, instead of playing all the cards himself then, expecting the fans to sort the debt. why not get the fans involved in finding solutions before he had backed them into a corner.
A responsible club would have budgeted properly, instead of relying on money been granted for a decision(planning) totally out of their control.
Oh and for the 5th time of asking, are the club owed any money on belle vue or have they spent it?
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| Quote rugbyball="rugbyball"Calm down, I was only tying to ascertain weather the fans would actually come out of this with any power. I am not saying that the money will not go towards helping the club survive. I am trying to make the point that will owning all these shares give the fans any real say in the future.
And of course the share offer is negative as it only away of getting the fans to pay of the debts of the club, which is hardly a positive situation is it? Why did Ted not offer the fans a say in things when they had some cards left to play, instead of playing all the cards himself then, expecting the fans to sort the debt. why not get the fans involved in finding solutions before he had backed them into a corner.
A responsible club would have budgeted properly, instead of relying on money been granted for a decision(planning) totally out of their control.
Oh and for the 5th time of asking, are the club owed any money on belle vue or have they spent it?'"
AFAIK they received roughly half up front with the balance due when they depart.
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| nice to see that's nothings changed since i was posting
. the world's going to end ,
its all uncle teds fault ,
and of course TRB covered it up with his usual obtuse manner as he as never done any thing of any use to the club at all ....no never.
In fact TRBs dictatorial regime had many things in common with that of Stalin: a repressive militarist dictatorship, the suppression of opposition and dissent, secret police, labour camps for political trolls, etc. The ideological basis may have been different but the end result was similar
and of course mopsey told us all but us nasty mods muzzled his freedom of speech and bullied him onto another reincarnation of yet another forum which all his suppressed friends ran off to
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| Quote rugbyball="rugbyball"Calm down, I was only tying to ascertain weather the fans would actually come out of this with any power. I am not saying that the money will not go towards helping the club survive. I am trying to make the point that will owning all these shares give the fans any real say in the future.
=#FF0000And of course the share offer is negative as it only away of getting the fans to pay of the debts of the club, which is hardly a positive situation is it? Why did Ted not offer the fans a say in things when they had some cards left to play, instead of playing all the cards himself then, expecting the fans to sort the debt. why not get the fans involved in finding solutions before he had backed them into a corner.
A responsible club would have budgeted properly, instead of relying on money been granted for a decision(planning) totally out of their control.
Oh and for the 5th time of asking, are the club owed any money on belle vue or have they spent it?'"
the situation is VERY negative but the shareholding is the fans trying to do something POSITIVE to help!
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| Quote Lord Mutts OBE="Lord Mutts OBE"nice to see that's nothings changed since i was posting
. the world's going to end ,
its all uncle teds fault ,
and of course TRB covered it up with his usual obtuse manner as he as never done any thing of any use to the club at all ....no never.
In fact TRBs dictatorial regime had many things in common with that of Stalin: a repressive militarist dictatorship, the suppression of opposition and dissent, secret police, labour camps for political trolls, etc. The ideological basis may have been different but the end result was similar
and of course mopsey told us all but us nasty mods muzzled his freedom of speech and bullied him onto another reincarnation of yet another forum which all his suppressed friends ran off to'"
That's a very valuable addition to the discussion; the club is on the brink of extinction, fans are being asked to cough up half a million quid to save it, our much vaunted community stadium has failed and we're almost certain not to get a SL licence. In that circumstance, it makes perfect sense to revisit the mods vs plebs debate.
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| Quote bren2k="bren2k"That's a very valuable addition to the discussion; the club is on the brink of extinction, fans are being asked to cough up half a million quid to save it, our much vaunted community stadium has failed and we're almost certain not to get a SL licence. In that circumstance, it makes perfect sense to revisit the mods vs plebs debate.'"
mods are plebs sir  why should we be put in a different boat?
we all want the same outcome surly?
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| I think someone should have some sympathy for the coaching staff and most certainly the players from last season attempting to perform with the problems in the background and the players for this coming campaign
deserve all the support possible as they will feel even worse than the supporters do at this time knowing they are charged with beating all the odds.
It certainly explains why the form of the players deteriorated.
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| Quote The Clan="The Clan"You seem he'll bent on painting the share offer as negative!
There's been enough assurances and explanation for anyone to see that their £1K will either help the club survive or they can have it refunded in full if that's what they want.
Some people asked if there could be a tangible benefit to th offer and the club responded with a package of benefits.
As for a Trust being formed, who knows? I'm sure every avenue available is being investigated.
One thing for definite is that if the share issue is successful the current BoD will have ZERO, NILL, ZIP, NADA, NO INFLUENCE NONE!'"
I'm probably intruding on private grief here so apologies but my background and job is credit/financial analysis.
Firstly have looked at the admittedly old (31/12/2009) and abbreviated accounts for WAKEFIELD TRINITY RUGBY LEAGUE FOOTBALL CLUB LIMITED they are a lot better than those of my club the Saints in terms of solvency and much lower liabilities which makes me wonder why there is a crisis as the club is only marginally insolvent. The club has no assets but the Saints are propped up by directors loan without which we would undoubtedly fold - the hope is the new stadium will give us something like a 50% boost in income as per Warrington dire did.
It would seem to me after examining the director's and current shareholders' other interests that that could easily if they had the will raise the money required by way of a new issue of shares or by shareholders loans. I know Sir Rod bailed the club out of the last crisis but what about the other shareholders? I apologise if I am wrong and unless something has happened since the last set of accounts they don't seem to have contributed financially.
You are obviously very well read on these events and a passionate supporter of a club with a very proud history; can I ask you - are the existing shareholders subscribing to the new share issue? If not, why not?
Assuming they are not subscribing the £500K if raised would only give the fans 49.6% control (assuming the new shares rank par with the existing shares). This seems a convenient percentage?
On a slightly separate point. I believe that if the RFL treated you any differently to Wrexham i.e. allowing new a change of directors and owners followed by administration followed by the purchase of the clubs "assets" and name etc by these same "new" investors who could blame "previously inherited debts", then you would have an excellent case for judicial review against the RFL. They cannot be selective in their treatment (at least publically).
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| Quote MOPSEY LIVES ON="MOPSEY LIVES ON"put it thisway i think there is plenty of people who believe me now, but i didnt let no one down did i.'"
just yourself at Normie I heard
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Club Coach | 2410 | No Team Selected |
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| Quote The Clan="The Clan"what's that?
Is that a defibrillator in the corner of the room!'"
Why can you see one? I wish i could but the more i read the more despondent i become.
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