Quote:
Originally Posted by Alan Attack
Firstly, things are not uncomfortable for me. I am entirely happy with the ownership of my football club. You’re not and that’s your problem.
The Trust were never in a position to buy the club when it had land. When it was just a football club leveraged in debt could the trust take over.
If what you say about the trust supporting the Wrexham village model ownership, this could have only have been for the benefit of the football club. We can all talk in hindsight but in my opinion, once Wrexham village was created, it’s significantly diminished Wrexham football club.
Perhaps something we can seemingly agree on is the type of person Geoff Moss is/was whilst at Wrexham football club. My principal memories of his tenure were:
a) loans against assets (land);
b) trying to get hold of the Trust’s £300k; and
c) not selling shares to the Trust.
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They backed it while knowing what a crook Moss was, the WST meeting about the proposal was little more than two groups of people crowing at each other pretending to be hard. While getting distracted from the real issue and finding a way forward.
So the trust couldn't have done a leveraged buyout like the Glazers famously did? I think they could've.
Nothing but blind faith in those running things back then and some currently still are, little wonder were in the mess we are now.
A rod made for our own backs being far too militant for fear of redevelopers, yet jumped into bed with one anyway.