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Wrexham Talk about things related to Wrexham Football Club ! |
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15th September 2020, 12.05:05 | #10-0 (permalink) | |
Club Captain
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Re: How Much Do We Sell The Club For?
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Not sure where the £500K would come from, we have been told for years no one would want to invest as we don't have any assets. |
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15th September 2020, 12.14:45 | #12-0 (permalink) |
Cult Hero
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Re: How Much Do We Sell The Club For?
Any funds the WST have in the bank should be used to the benefit of the football club when the takeover is agreed. I think legally the new owners have to pay something... so £1. Any funds the WST have is OUR money so it should be used for the purpose of benefitting the club going forwards. If the club folded then thats when the cash could be distributed to local charities but in a take over scenario then most members would surely wish to see it for the primary purpose ... the benefit of Wrexham FC.
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15th September 2020, 12.16:18 | #13-0 (permalink) | |
retired & running a pub
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Re: How Much Do We Sell The Club For?
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The recent EGM questionnaire revealed that the members wanted the trust to continue in the event of a sale. In the event that new owners fail in their objectives the trust need to retain funds in order to provide a safety net. Too easy for a new owner to run up debts and do a runner if things aren't going right. I'm interested in this bid but need to be convinced of the integrity of the proposed new owners and the source of the funding. Would also like too see a condition of sale that no debt is carried forward. |
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15th September 2020, 12.17:32 | #14-0 (permalink) | |
Due a Testimonial
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Re: How Much Do We Sell The Club For?
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15th September 2020, 12.19:42 | #15-0 (permalink) |
Squad Player
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Re: How Much Do We Sell The Club For?
It’s critical in respect of timing though. Should the deal not go ahead for whatever reason, (early days yet) I can only see the divide between fans widening even more, which would all likely spiral us into admin before we know it. Less fans being engaged, bitterness etc.
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15th September 2020, 12.20:47 | #17-0 (permalink) | |
retired & running a pub
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Re: How Much Do We Sell The Club For?
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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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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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15th September 2020, 12.22:54 | #18-0 (permalink) | |
Squad Player
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Re: How Much Do We Sell The Club For?
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Unless the new owners are legally obligated to invest £2M into the club then what is the point of selling it as it would be basically giving the club away. |
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