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Old 15th September 2020, 12.20:47   #17-0 (permalink)
Bagger Vance
retired & running a pub
 
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Joined: Mar 2010
Racecourse Spot: Yale
Real Name: Will Smith
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Default Re: How Much Do We Sell The Club For?

Quote:
Originally Posted by Inside Left View Post
You are a former mover and shaker who was always tried to keep the WST finances healthy should there be a need . From which the foundations was formed to take over from Moss and Co.

Do you think,------ The Trust should keep a healthy fund in its balances should it cloud over again and the club is hit by another rainy day ? Perhaps funded by any future sale.

( I am very cautious about a proposed take over group who at this stage do not wish to be known to the membership ).
They are known to the board who were voted for by the membership, as discussions are not even beyond stage 1 given they need a vote and an NDA is required from the club then no reason for nanything to be disclosed yet. If they were not the "right" types then you can bet it would have been leaked by now to ensure a no vote. The fact the board are speaking in what would seem to be positive tones should be more than enough for now.

No doubt when a meaningful vote comes around they will be disclosed as will more detail on an offer.

As for costs - let the WST continue, no need to wind up in my eyes, and keep the current funds and any membership fees. Members can then decide as time goes by how things stand and whether it needs to be kept for a rainy day or not.
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