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Old 3rd November 2020, 13.33:29   #28-0 (permalink)
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Default Re: Still thinking of voting NO?

Quote:
Originally Posted by Hamilton Pathetic View Post
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.


I believe the bits below from the info pack highlight some subtle messaging...and kind of answer this question already. I might be reaching, but I think it's a fairly bleak picture long term

- One of our key revenue streams has shrunk by 30%

Members’ contributions are an important part of the Trust revenue stream. Last year we had
3,462 members. At the time of writing the total is 2,262 which includes Junior and Youth
Memberships who are not eligible to vote at the ballot.

- we are not above distorting the true chain of events regarding our survival in 2011 to take credit for efforts of all fans whether WST members or not

"We the supporters of Wrexham Football Club acquired the club on 30th November 2011, had we not completed the deal at that point the club would have probably gone back into administration or even into liquidation within days. A few months before that we had raised £250,000 in two days for a bond to give to the then Conference in order to be allowed to compete in the 2011-12 season."

- actually, extra money of the level we are talking about even with the initial 2m injection might help us to be more competitive... But we will avoid mentioning a series of poor decisions on management appointments being to blame for performance despite having one of the biggest budgets in the league

"Often we have struggled to compete, as we believe we should, at the top of the table but occasionally we have been very nearly good enough. Usually only thwarted by teams with less fans but more money than us and our number one objective of a return to the English Football League continues to allude us. See the table
Figure 1 at the end of this section with our full end of season results under WST ownership."

- we do not have any resilience. The dwindling support of a membership which continues to shrink is crippling... A lack of a plan B potentially weakens our position if we turn this bid down now to run out of money later

"We have operated on a model of financial prudence, we have no choice, there is no plan B if we run out of cash. We are all extremely grateful to the volunteers give up huge chunks of their lives to run the club. "

- promotion should be regarded as a bonus, it is not our primary aim under current model. We are reliant on the "football gods" to achieve anything more.

"Acknowledging the additional risks introduced into our go forward position by the Covid-19 pandemic, as Mark Williams the Financial Director’s summary of the present and projected financial position shows in Section 3 we will almost certainly survive and be able to continue as we have done"
Old 3rd November 2020, 13.33:54   #29-0 (permalink)
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Default Re: Still thinking of voting NO?

Quote:
Originally Posted by DaveOMac View Post
I think I should get to eat it, maybe we could push R&R for loads of peppercorns and we all get one?
Peppercorn are get one in?
Old 3rd November 2020, 13.48:00   #30-0 (permalink)
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Default Re: Still thinking of voting NO?

Quote:
Originally Posted by Ooh aah Paskin View Post
Well said, and very well put.
This is how i feel.

This needs to be out there on social media...
Yeo, along with a copy of the p and l report that was recently done.

Well.done Wrexham0, and thanks.
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Old 3rd November 2020, 14.00:51   #31-0 (permalink)
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Default Re: Still thinking of voting NO?

-luke

Certainly there is much to be read between the lines of the Pack's Q & A, but my comment was and is addressed to those who have taken these answers at face value. It is the level of survival or continuance that is in question.

Last edited by Hamilton Pathetic; 3rd November 2020 at 14.04:02..
Old 3rd November 2020, 14.03:03   #32-0 (permalink)
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Default Re: Still thinking of voting NO?

Quote:
Originally Posted by TWREX View Post
In principle I’m all for wst but I’ve been saying from the beginning that unqualified footballing decisions will cost us.
Serious question. Who do you think is qualified to make football decisions? There’s no mythical cohort of football decision makers out there who are qualified to get it right. Our board have made one obvious howler on the managerial front. The rest were at least debatable. Barrow got promoted after taking a risk with a rookie manager and Harrogate's owner appointed his own son. Be interesting to see who the new guys bring in. And who amongst them is qualified to spot a bound to be successful non league manager.
Old 3rd November 2020, 14.07:28   #33-0 (permalink)
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Default Re: Still thinking of voting NO?

Quote:
Originally Posted by fezbob View Post
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
I think the way we are playing atm this could be reduced to half a peppercorn
Old 3rd November 2020, 14.16:52   #34-0 (permalink)
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Default Re: Still thinking of voting NO?

Quote:
Originally Posted by bowler View Post
Get your post on that fans United Facebook page
Better not, some on there don’t like reasoning or humour!
Old 3rd November 2020, 14.21:43   #35-0 (permalink)
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Default Re: Still thinking of voting NO?

Quote:
Originally Posted by Hamilton Pathetic View Post
-luke

Certainly there is much to be read between the lines of the Pack's Q & A, but my comment was and is addressed to those who have taken these answers at face value. It is the level of survival or continuance that is in question.
I think survival is possible

I think continuance at this level or lower is the expectation that all fans should have if deal doesn't get through. The numbers just don't support growth.
Old 3rd November 2020, 14.34:30   #36-0 (permalink)
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Default Re: Still thinking of voting NO?

This is also without paying off Keates and assistant. No way can we financially afford to. We’re all fed up with the style of football and how players seem to get worse here. The quicker we can get a decent manager in the better.
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