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Old 15th September 2020, 11.31:04   #1-0 (permalink)
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Default How Much Do We Sell The Club For?

Iím assuming many wish to give the club away? Trust should get valuation and be unable to sell for less than that.

Keep money in trust (literally) if/when itís required. Only put money in for a corresponding shareholding.

Itís the point ultimately of the trust to safeguard the clubs future.
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Old 15th September 2020, 11.33:13   #2-0 (permalink)
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Default Re: How Much Do We Sell The Club For?

£1
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Old 15th September 2020, 11.42:15   #3-0 (permalink)
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Default Re: How Much Do We Sell The Club For?

£2

£1 for the nominal fee

£1 for chips
Old 15th September 2020, 11.43:23   #4-0 (permalink)
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Default Re: How Much Do We Sell The Club For?

£1
Old 15th September 2020, 11.46:24   #5-0 (permalink)
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Default Re: How Much Do We Sell The Club For?

£1
Old 15th September 2020, 11.47:06   #6-0 (permalink)
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Default Re: How Much Do We Sell The Club For?

If the club was valued by an accountancy firm at £500k would that still be the answer?
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Old 15th September 2020, 11.59:10   #7-0 (permalink)
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Default Re: How Much Do We Sell The Club For?

I'm open to be corrected on this - but it's my understanding that any monies received from a sale of the Club would be distributed amongst local charities.

There would be no financial benefactor, and the idea of putting it in a rainy day fund would be very dubious.

What's it going to be used for? To cover the bills of the new owners when they run out of cash?

Sell it for £1 and let them use as much money as possible turning us into a professional outfit.
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Old 15th September 2020, 12.02:29   #8-0 (permalink)
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Default Re: How Much Do We Sell The Club For?

Quote:
Originally Posted by 3pmsaturday View Post
If the club was valued by an accountancy firm at £500k would that still be the answer?
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 ).
Old 15th September 2020, 12.04:25   #9-0 (permalink)
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Default Re: How Much Do We Sell The Club For?

Quote:
Originally Posted by 3pmsaturday View Post
If the club was valued by an accountancy firm at £500k would that still be the answer?
If the owners were contractually obliged to make a quick 2m injection into the club then yes, probably.
Old 15th September 2020, 12.05:05   #10-0 (permalink)
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Default Re: How Much Do We Sell The Club For?

Quote:
Originally Posted by 3pmsaturday View Post
If the club was valued by an accountancy firm at £500k would that still be the answer?
With the WST forecast for losses this year and the potential for further losses caused by playing behind closed doors/reduced capacity then £1 would be my figure.

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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