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Wrexham Talk about things related to Wrexham Football Club ! |
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15th October 2020, 16.02:21 | #39-0 (permalink) | |
Squad Player
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Re: The balanced argument re takeover
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However Rob McElhenney is all over social media promoting the club and a reminder for all WST contact details to be updated by 26th October suggests to me it’s moving forward. Deals take lots of negotiation which is complicated by working across two time zones. If we get the proposal by late October I think they’ve worked pretty quickly The WST members will decide this not the WST board. |
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15th October 2020, 16.10:50 | #40-0 (permalink) | |
Club Captain
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Re: The balanced argument re takeover
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And what is he doing to try and stop it? Does he realise the club is less likely to survive without the takeover than with it? And aren't we in a position after nine years of farce to possibly consider the option of success rather than merely "survive"? |
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15th October 2020, 16.37:44 | #41-0 (permalink) |
Cult Hero
Joined: Jun 2009
Racecourse Spot: Yale Stand lower tier [Town End]
Real Name: Hiphiphooray
Twitter: @Hiphiphooray
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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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Our minimum requirement is maximum commitment. |
15th October 2020, 16.44:12 | #42-0 (permalink) | |
Printing My Own Banknotes
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Re: The balanced argument re takeover
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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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UP THE TOWN! Those are my principles, and if you don't like them.... well, I have others. GROUCHO MARX |
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15th October 2020, 16.54:01 | #43-0 (permalink) |
Due a Testimonial
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Re: The balanced argument re takeover
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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15th October 2020, 17.04:02 | #44-0 (permalink) | |
Taking coaching badges
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Re: The balanced argument re takeover
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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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15th October 2020, 17.16:44 | #45-0 (permalink) |
Printing My Own Banknotes
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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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