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Old 8th February 2019, 14.08:19   #121-0 (permalink)
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Default Re: Consortium bidding for Wrexham

Quote:
Originally Posted by Todd Sweeney View Post
Indeed. Bryn Law was asked about this on Twitter. He essentially said that this group is unwilling to agree to the terms that the members voted for in order to talk to the club.
What sign a NDA and put a £5k bind in place for reasonable costs. What a joke! They must have been really wealthy serious investors then. Lol
Old 8th February 2019, 18.00:35   #122-0 (permalink)
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Default Re: Consortium bidding for Wrexham

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Originally Posted by Red_Jackoisback View Post
What sign a NDA and put a £5k bind in place for reasonable costs. What a joke! They must have been really wealthy serious investors then. Lol
They've been advised by their legal team not to sign any such agreement's, Bryn Law says they're genuine.
Old 8th February 2019, 18.03:38   #123-0 (permalink)
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Default Re: Consortium bidding for Wrexham

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Originally Posted by GiggityGiggityGiggityGoo View Post
They've been advised by their legal team not to sign any such agreement's, Bryn Law says they're genuine.
Hard to see what would frighten a potential serious investor if this is the conditionality
Old 8th February 2019, 18.17:57   #124-0 (permalink)
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Default Re: Consortium bidding for Wrexham

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Originally Posted by Red_Jackoisback View Post
What sign a NDA and put a £5k bind in place for reasonable costs. What a joke! They must have been really wealthy serious investors then. Lol
It's 50k
Old 8th February 2019, 18.22:32   #125-0 (permalink)
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Originally Posted by Hightown Brymbo Red View Post
It's 50k
What? Its a 50k bill just to enter negotiations???

5k I understand for out of pocket expenses
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Old 8th February 2019, 18.25:40   #126-0 (permalink)
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Default Re: Consortium bidding for Wrexham

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What? Its a 50k bill just to enter negotiations???

5k I understand for out of pocket expenses
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Sure that Lindsey Jones brought a resolution forward last Summer...Just to make it difficult
Old 8th February 2019, 18.39:25   #127-0 (permalink)
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Originally Posted by Hightown Brymbo Red View Post
It's 50k
Itís 5k, and the resolution was brought by the trust, resolution f

http://wst.org.uk/www3/index.php/component/k2/item/5333-wst-agm-election-and-resolution-results
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Old 8th February 2019, 19.08:27   #128-0 (permalink)
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Default Re: Consortium bidding for Wrexham

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Originally Posted by krux View Post
What? Its a 50k bill just to enter negotiations???

5k I understand for out of pocket expenses
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Would not be surprised at £50k as it means the WST would never have to consider an offer so would never have to inform the members of anything.

If itís £5k and refundable then fair enough but even to charge anything for initial talks is a farce and shows they hope never have to consider a genuine offer. Can someone confirm this as this has made me question my membership more than anything Iív heard in the last few weeks and least thatís not been bad enough.
Old 8th February 2019, 19.25:16   #129-0 (permalink)
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Default Re: Consortium bidding for Wrexham

Please tell me the Steve Morgan one is bollocks. He could get us to the premier league ffs
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Old 8th February 2019, 19.25:49   #130-0 (permalink)
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Originally Posted by standman View Post
Would not be surprised at £50k as it means the WST would never have to consider an offer so would never have to inform the members of anything.

If itís £5k and refundable then fair enough but even to charge anything for initial talks is a farce and shows they hope never have to consider a genuine offer. Can someone confirm this as this has made me question my membership more than anything Iív heard in the last few weeks and least thatís not been bad enough.
See the link in my post directly above yours! Itís £5k, WST members voted it through, only 2 people voted against it!
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