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Old 15th October 2020, 16.37:44   #41-0 (permalink)
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Default Re: The balanced argument re takeover

Successful take-over OR oblivion and a trip to EvoStik Prem with the fools that are the WST management board....I know what I will be voting for
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Old 15th October 2020, 16.44:12   #42-0 (permalink)
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Default Re: The balanced argument re takeover

Quote:
Originally Posted by Quay Red View Post
A lot of individuals know the constitution.
That's the rules by which the trust run the club and was verified by the members.
There may well be a problem that a challenge could be made to a sale by using the constitution but by the same token the members could decide to change or remove the relevant clauses at an EGM.
It would even be possible to do this at the Extraordinary meeting to accept a bid if the details were acceptable.
2 Proposals linked to each other. First one changes the constitution, Second vote, if first one passes, to accept the offer.
I think this is what will need to happen. The sticking point will be whether the WST Executive and Wrexham AFC Board agree to the sale. There will always be some residual voters who will want fan-ownership to be given another chance, but most of those WST members who have genuinely not made up their mind will follow the example of the leadership.

Still keeping an open mind on this, and awaiting the 'Vision Thynge' to be released; but I cannot think of a scenario wherein two highly respected celebrities would risk their reputations by buying the club to then put it in further jeopardy. It just doesn't stack up.
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Old 15th October 2020, 16.54:01   #43-0 (permalink)
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Default Re: The balanced argument re takeover

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Originally Posted by Quay Red View Post
That's easy. for anyone from either side to respond with - "Talks are ongoing."
That would be brilliant...then would it also be possible for them to add a few extra words, something to the effect of, "and we expect to be able to put proposals to the membership by the dd/mm/yyyy".
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Old 15th October 2020, 17.04:02   #44-0 (permalink)
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Default Re: The balanced argument re takeover

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Originally Posted by northwalian dragon View Post
I wouldn't want a buy back option to be negotiated by the WST

I'd even go so far as to say I'd trust R&R less if they agreed to one
Quote:
Originally Posted by simon4012 View Post
Why would that make you trust them less?
Quote:
Originally Posted by Jumpersforgoalposts View Post
Some people say the silliest things

Don't want to speak for NWD, but a buyback clause would seriously concern me for the following reason.

Imagine the following scenario - 2/5/10 years down the line, R & R decide to sell. There are 3 interested parties.

1. Celebrity or celebrities of similar profile to R & R. They've followed the club as a result of the increased profile, think they can take the club on further, and have enough money that the nightmare B & Q scenario seems extremely unlikely.

2. Local person, long-time fan, who's earned a ton of money in the intervening years and is in a position to buy. Someone who's supported the club for many years, is known to the fans, and who most people trust not to screw us over.

3. The WST, as they are now. Still consisting of the board who routinely take a staggering amount of time to post minutes, who can't always release accurate minutes, and who've been dishonest on numerous occasions. In charge of finances is still the guy who somehow managed to forget about a sizeable loan to the club. The people who've failed to carry out the shadowing resolution or the second platform resolution are still hanging in there.

Obviously, this is a best-case scenario, but in that scenario I'm fairly sure the WST would be the party I'd least want in charge!
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Old 15th October 2020, 17.16:44   #45-0 (permalink)
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Default Re: The balanced argument re takeover

I dearly hope this deal goes through.

However, I would have thought that rules need to be followed to the letter and clearly there has to be due diligence carried out by the board to ensure there is no 'come back' on them at a later date if the deal does or doesn't go through!
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Old 15th October 2020, 18.24:09   #46-0 (permalink)
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Default Re: The balanced argument re takeover

I can honestly say if this deal doesn't go through it will be the demise of the club who will probably end up in the Welsh league. Mind you some may like that the thought of a chance of European cup matches. WST springs to mind.
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Old 15th October 2020, 19.06:33   #47-0 (permalink)
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Default Re: The balanced argument re takeover

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Originally Posted by bowler View Post
I can honestly say if this deal doesn't go through it will be the demise of the club who will probably end up in the Welsh league. Mind you some may like that the thought of a chance of European cup matches. WST springs to mind.
Really? And just how do you know that? Seriously.
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Old 15th October 2020, 19.25:41   #48-0 (permalink)
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Default Re: The balanced argument re takeover

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Originally Posted by Midwest Express View Post
Really? And just how do you know that? Seriously.
Maybe not the Welsh league bit but it'll certainly be the demise of the club. We were already on the verge before all this.

Can you imagine how angry people will be if a select few fools spoil this for the remaining thousands? After 15 years of misery this would be the straw that breaks many camel's backs.
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Old 15th October 2020, 19.36:21   #49-0 (permalink)
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Default Re: The balanced argument re takeover

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Originally Posted by Cartman View Post
Maybe not the Welsh league bit but it'll certainly be the demise of the club. We were already on the verge before all this.

Can you imagine how angry people will be if a select few fools spoil this for the remaining thousands? After 15 years of misery this would be the straw that breaks many camel's backs.
Easy to blame it on "a handful of fools". Personally don't think this will be scuppered but IF it is then the fans who have let the WST rule without joining to challenge the status quo will be equally responsible.
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Old 15th October 2020, 19.37:19   #50-0 (permalink)
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Default Re: The balanced argument re takeover

No, I want to know how he knows this is what the WST really wants to happen?

Every Wrexham fan wants this club back where it belongs- in the EFL.
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