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Old 3rd November 2020, 11.18:56   #10-0 (permalink)
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Default Re: Still thinking of voting NO?

Quote:
Originally Posted by short_gog View Post
for transparency aren't a significant amount of those losses covered by Government Grant though ?

Although it seems we are not happy with our allocation, i must admit if there has been anything on this on here I missed it !

https://www.thenonleaguefootballpape...cation-review/
Short answer, no. The government grant has been included in the figures I quoted above.
Old 3rd November 2020, 11.27:11   #11-0 (permalink)
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Default Re: Still thinking of voting NO?

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Originally Posted by WrexhamO View Post
Short answer, no. The government grant has been included in the figures I quoted above.
Get your post on that fans United Facebook page
Old 3rd November 2020, 11.28:35   #12-0 (permalink)
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Default Re: Still thinking of voting NO?

Also those losses were despite the Danny Ward money masking the mismanagement. If this deal does not go through then the club's days are seriously numbered.
Old 3rd November 2020, 11.39:02   #13-0 (permalink)
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Default Re: Still thinking of voting NO?

WrexhamO... if it's possible, could you add the bit about the government grants being included in the projection on the main post. Some people are going to miss it lower down in the thread and it's a really important point.

Thanks for taking the time to set this out really clearly.

As an additional point, with growing redundancy/job losses, while not something which can be quantified as easily, but I expect the capability of the fan base to prop up the club through donations to be severely impacted.

Let it not be forgotten, that in the latest batch of minutes it was made clear that we were at risk of not being able to pay wages. If the grants don't continue beyond 3 months everyone should consider that there is always the possibility of facing league penalties if we can't pay wages... So risk of points deduction, relegation or expulsion.
Old 3rd November 2020, 11.44:22   #14-0 (permalink)
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Default Re: Still thinking of voting NO?

Quote:
Originally Posted by -luke View Post
WrexhamO... if it's possible, could you add the bit about the government grants being included in the projection on the main post. Some people are going to miss it lower down in the thread and it's a really important point.

Thanks for taking the time to set this out really clearly.

As an additional point, with growing redundancy/job losses, while not something which can be quantified as easily, but I expect the capability of the fan base to prop up the club through donations to be severely impacted.

Let it not be forgotten, that in the latest batch of minutes it was made clear that we were at risk of not being able to pay wages. If the grants don't continue beyond 3 months everyone should consider that there is always the possibility of facing league penalties if we can't pay wages... So risk of points deduction, relegation or expulsion.
It's too late to edit it now, I think.
Old 3rd November 2020, 11.48:55   #15-0 (permalink)
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Default Re: Still thinking of voting NO?

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Originally Posted by WrexhamO View Post
It's too late to edit it now, I think.
Not personally sure this is necessary. The point is clear and ,as ever, well made. No vote is only for lunatics IMO.
Old 3rd November 2020, 11.50:06   #16-0 (permalink)
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Default Re: Still thinking of voting NO?

Excellent presentation of startling facts. Seems a total no brainer but there’s some strange people out there.
Old 3rd November 2020, 12.08:25   #17-0 (permalink)
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Default Re: Still thinking of voting NO?

That's all well and good, but R&R are only paying us a peppercorn for our marvellous history...A PEPPERCORN! They could at least throw in a grain of salt as well
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Old 3rd November 2020, 12.11:16   #18-0 (permalink)
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Default Re: Still thinking of voting NO?

To the question "Will the club survive if the takeover is rejected?"
The truthful answer is Yes, but the wrong question has been asked. The question to be asked is:

Will the club survive as a fulltime club in the National League if the takeover is rejected?
To which the answer has to be No. It may well survive as a part time club in the National League North or more likely as a member of the WPL.

Not a prospect to be considered.
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