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Wrexham Talk about things related to Wrexham Football Club ! |
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11th June 2019, 08.59:23 | #37-0 (permalink) | |
Tipped As Manager
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Re: Football club ownership model
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The rest is just irrelevant. Seems we are missing something here. |
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11th June 2019, 09.09:35 | #38-0 (permalink) | |
retired & running a pub
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Re: Football club ownership model
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__________________
If you really want to do something you will find a way, if you don't you will find an excuse. |
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11th June 2019, 09.14:12 | #39-0 (permalink) | |
Tipped As Manager
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Re: Football club ownership model
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Experience and knowledge such as yours could push us to the next level. The current regime is likely to keep us where we are as the last years have shown. |
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11th June 2019, 10.38:11 | #40-0 (permalink) | |
retired & running a pub
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Re: Football club ownership model
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There is an obvious and not unreasonable fear of a repetition of the Hamilton and Moss eras but ownership of the club is with the trust. We should now start looking long term in trying to purchase the ground or look to relocate, even if this was to be done over 10 or 20 years. This I feel is an area where controlled share issue could be beneficial. |
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11th June 2019, 10.48:17 | #41-0 (permalink) | |
Part Time ITV4 Pundit
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Relocation is a pipe dream the cost of land alone is astronomical, hell we can't even afford to flatten the Kop or purchase the land behind it. To relocate we would need a sugar daddy like the valencia one who owns Salford. Posted via mobile theme |
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11th June 2019, 10.52:25 | #42-0 (permalink) |
Tipped As Manager
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Re: Football club ownership model
So to keep things simple...
Could we create a share issue to buy the ground? Would this be shares in the company that are responsible for the rent and the events? If that makes sense. I assume a sensible price would be £200 and 10,000 shares for the £2m needed. Is this viable? In terms of a relocation option then WCBC would have to provide land at a sensible price. Last edited by pagl; 11th June 2019 at 10.54:31.. |
11th June 2019, 11.14:38 | #43-0 (permalink) | |
retired & running a pub
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Re: Football club ownership model
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Class A - 51% or more owned by the Trust, one member one vote Class B - 49% or less owned conventionally by shareholders on one share one vote basis with a nominated non Exec or two. It needs a dilution of the purity of the politics - a trade off for pragmatism but allows for 2 sets of capital fundraising. Having two classes also means the Trust could invest their further capital either increasing the class A percentage or forcing a class B share issue to maintain percentage parity. A real push on something like this could raise substantial funds for asset restructuring or investment. It also creates really healthy duality, the Trust couldn't be seen to be hiding anything as they would be subjected to oversight. Will the supporters of the political purity of 100% fans ownership go for it - history tells me hell will freeze over 1st.
__________________
If you really want to do something you will find a way, if you don't you will find an excuse. |
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11th June 2019, 11.45:33 | #45-0 (permalink) | |
Tipped As Manager
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Re: Football club ownership model
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The ground isnt really benefitting them is it? |
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