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Wrexham Talk about things related to Wrexham Football Club ! |
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1st November 2020, 09.47:04 | #1-0 (permalink) |
Cult Hero
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I won't vote for the deal...as it stands.
I have no idea if anyone else holds The Trust in the high esteem that I do, but if anyone else does then take heart, you are not alone. I suspect many supporters are wrapped up in a short moment in time where; we're doing badly on the pitch, some people will feel the current board members are serving us badly, and we have a potential investor. I would ask those supporters to remember the good times under The Trust, which will inevitably come again with patience. Looking forward to the vote: We are being asked to vote on a very flimsy bid. We can look forward to an exciting presentation, but please remember negotiations resulted in the WST "Information Pack for WST members". This is the concrete proposal. What we hear next will be aspiration, and more worryingly, it will be statements the bidders were unwilling to have placed in the 'Information pack'. The Information pack puts to bed an outright lie, repeatedley stated on RP. The lie being that the Club will fold without investment. The Pack states " We are sure that if we had to continue on that basis we would be able to carry on. If the football Gods smile on us we may even achieve our objective of a return to the Football League. We should all be incredibly proud of what we have achieved over the past nine years, it is absolutely amazing." The figures in the pack support this, please ignore misinformation on this. The figures also put the current bid in better context, its pretty measly. Trust members put money into the club every year, it varies but I think £200,000 is a good guess. The Information pack alos estimartes that volunteers put in another £200,000 of free labour. This investment is EVERY year, and its as secure as any investment can be. So, ignoring people like me, who are MORE likely to support the club, and attend games BECAUSE it a Trust, The Trust invests £400,000 per year EVERY year. Thats a solid commitment, and the proposed DOCUMENTED commitment in comparison is £2 million ONCE (plus rent on the ground). A fair yardstick for Clubs that have blasted their way out of this Division with money is ; a PLAYING BUDGET of £2m PER YEAR. It worked for Forest Green and Fleetwood after a few years, it failed for Fylde. But that is what's needed to be top of the financial pile. RP posts have frequently used a 'Crystal Ball' comparison to reject the argument we don't know who comes after R&R. The argument is imcomplete. I KNOW who isn't likely to be a bidder after they have gone. It's the Trust, and why won't they bid? Firstly they probably won't have funds to rescue the club again, and more importantly the people of the Town won't fall for the assumption that other supporters had the the clubs Best Interests at heart. Why would you buy an asset for the community, to have it sold for £1 again? Why fight in the Courts? Why march? Why dig deep in your pockets? If R&R genuinely have the Community's interest at heart they will modify their bid so The Trust has first refusal to re-purchase, at a fair price. I will vote for their bid then. And maybe over 75% of Trust Members will too. |
1st November 2020, 09.48:49 | #2-0 (permalink) | |
Tipped As Manager
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Re: I won't vote for the deal...as it stands.
‘Which will inevitably come again with patience’
There is a zero evidence that waiting around will see good times come again. It’s a lot of living in fear, the inevitability that the club will need rescuing by the fans again. There’s no evidence for this either. I think the cards are stacked more in our favour than not. I guess that’s just down to my personal faith - you are of course entitled to yours. Thanks for your honesty!
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Last edited by louisleftboot; 1st November 2020 at 09.51:39.. |
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1st November 2020, 09.54:50 | #5-0 (permalink) |
Legend
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Re: I won't vote for the deal...as it stands.
We all have thoughts and opinions
You have every right to post yours. I hope that you don’t get tons of abuse. I read your post with interest, we need a balanced approach. In certainly all of the facts. I’m yet to read the info pack in full. We certainly all want what’s best for the club. |
1st November 2020, 09.58:15 | #6-0 (permalink) |
Due a Testimonial
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Re: I won't vote for the deal...as it stands.
The clubs own financial data in the pack says WST have £232k which they expect to grown by around £48k per annum.
In two years time therefore £328K. There own data also says we will lose £600k in that time. Add in what they are not saying. The Groves. Without the takeover we must also finance that. No money, no training ground, no club. |
1st November 2020, 10.00:06 | #7-0 (permalink) |
Printing My Own Banknotes
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Re: I won't vote for the deal...as it stands.
How much money did the WST have before the WST was set up?
£0 How did the WST raise funds? Wrexham AFC fans gave them the money. Why did fans give them money? To act as a focal point on behalf of fans to run the club after those same fans had raised a £250k bond to save the club when it became evident that the formative WST folk either had no intention of paying the bond or did not have the money to pay it. How has Wrexham AFC faired under WST ownership? Fans continue to watch god-awful football, whilst the membership dwindles in response to a lack of openness. WST fanatics are entitled to their opinions, but sensible fans must refute all nonsense. It’s 1st November not April!
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UP THE TOWN! Those are my principles, and if you don't like them.... well, I have others. GROUCHO MARX |
1st November 2020, 10.00:17 | #8-0 (permalink) | |
Legend
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Re: I won't vote for the deal...as it stands.
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I can’t wait for our new beginning. No more jumble sale leadership. |
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1st November 2020, 10.02:14 | #9-0 (permalink) | |
Tipped As Manager
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Re: I won't vote for the deal...as it stands.
Love when people quite a whole massive post to add little lines at the end.
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