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| Quote ="Starbug"Just a thought, if a meeting of ' like minded ' people and businesses is going to take place, would it not be sensible to arrange something similar between the current shareholders to ascertain their position with regards the ownership of the club going forward, and then a meeting between the two, or at least between representatives of the two ?'"
Steve I don't know your feelings on your shares as we haven't discussed that nor do I know What Arthur's estate feel about theirs or the other shareholders but my assessment would be if a new consortium are willing to invest a set amount of capital over 3-5 years to safeguard the club and take it forward (more importantly they are the right people with new blood new ideas and fresh finance) then the shareholders should do what most would percive to be the right thing.
For all intents and purposes the shares are completely worthless and could possibly be diluted anyway I'm not sure??
That said every shareholder should be given the opportunity should they so wish to invest pro rata and sit on the new board if they so wish.
If not in a position to do or not wanting to then its time to let go IMO.
In reality the Plan B surely has to be if the shareholders are unwilling to let go it would have to fail and a NEWCO be formed which has its pros and cons as we both know.
Any solution or conclusion needs to be for the long term benifit of Leigh Centurions as a club and not for any individual.
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| A NEWCO has more cons than pros and should be avoided at all cost, it is just my opinion that the sooner the shareholder issue is sorted the sooner the neccessary long term plans can be worked on, as you know I offered my shares in the past for a nominal sum providing there was proof of investement in the club, and I would probably be happy to do the same again , providing other shareholders were of a similar opinion
I cannot honestly see any of the others being any different, but the quickest and best way to actually find out is to get everbody round a table, wouldnt you agree?
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| Quote ="Starbug"Just a thought, if a meeting of ' like minded ' people and businesses is going to take place, would it not be sensible to arrange something similar between the current shareholders to ascertain their position with regards the ownership of the club going forward, and then a meeting between the two, or at least between representatives of the two ?'"
Possibly so Steve. That's not the business of the TDC nor the internal politics, its one for the current shareholders to resolve.
We are here to help whoever wants to lead the way.
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| Out of interest does anybody know who is our current BOD and who are the full list of shareholders??
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| Quote ="mr. chairman"Yes steve your spot on and I now understand we're your coming from . But clearing of the decks must not have any conditions . They must be prepared to walk away with nothing , do you agree , it will happen eventually anyway in the future. Why should the club suffer in the meantime . We all know Derek is his own man and will do things his way . That's Derek'"
Keith
Derek is a passionate guy from what im told and obviously has a deep passion for Leigh RL and has indicated his willingness to get back involved yesterday.
I take my hat off to him if he's willing to put his hand in his pocket but let's not turn Leigh Centurions into the Derek Beaumont show.
Leigh Centurions need major surgery at least if not a complete new start to go forward and Derek will only be one of a number of people who take this club forward at this stage as far as I'm aware.
The touchdown club have announced talks between like minded buisness people are taking place which is correct and while Derek may have made a commitment to the current board to assist with wages if the rumour mill be correct as far as I'm aware he is at this stage just one of the group of mentioned buisness people entering into talks and I'm told it is not his intention at this stage to be the major investor.
It's ok saying Derek is Derek but if he's part of consortium investing the same amount as others and if he is only an equal part of professional board then unless his views are shared by a majority he will have to conform.
Anyone wanting to be head honcho and be louder or more forceful than anyone else will need to buy that right as far as I'm concerned. It's buisness and needs to be treated as such emotion has no place in a professional enviroment.
Andy
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| Quote ="TouchdownClub"Possibly so Steve. That's not the business of the TDC nor the internal politics, its one for the current shareholders to resolve.
We are here to help whoever wants to lead the way.'"
Sorry I disagree, what are you expecting the current shareholders to do? , reinquish their shares to who? , up to this moment there isnt a name or group of names to speak to, however the shareholders are a known set of people, surely the job of attracting more ' Like minded ' people would be easier if the position of the shareholders was clearly known
Call a meeting, ask the question , its cards on the table time in ' Poker ' parlance
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| Quote ="Tipster Ste"Out of interest does anybody know who is our current BOD and who are the full list of shareholders??'"
You can get this info for free on companies house mate.
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| the current mob said they would walk if people were willing to step in,well the people are there and have they walked???
the new lot paid the players wages as they did not want to inherit a company with no workers as the club was days from losing the players as the club had broken the terms of contract and they would be free agents
so the question is will they go quietly into the night and save the club or drag it out all season and the club go bust and drop down the league and start again as a new company
the choices are simple stay as we are and die or embrace the newboard and there passion
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| Quote ="Starbug"Sorry I disagree, what are you expecting the current shareholders to do? , reinquish their shares to who? , up to this moment there isnt a name or group of names to speak to, however the shareholders are a known set of people, surely the job of attracting more ' Like minded ' people would be easier if the position of the shareholders was clearly known
Call a meeting, ask the question , its cards on the table time in ' Poker ' parlance'"
Your bang on Steve its the biggest single issue and I've stated this to Trevor and anyone else for a while now.
I disagree with Touchdown clarity on the shareholders position is required regardless who is taking the club forward.
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| Quote ="Tipster Ste"Out of interest does anybody know who is our current BOD and who are the full list of shareholders??'"
As I understand it, shareholders are P Coffey,K Freer,S Pike,D Thomas,Arthur Thomas's estate ,S Grainey and S Blakely
Current BOD, P Coffey,K Freer
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| Quote ="flatcapman"the current mob said they would walk if people were willing to step in,well the people are there and have they walked???
the new lot paid the players wages as they did not want to inherit a company with no workers as the club was days from losing the players as the club had broken the terms of contract and they would be free agents
so the question is will they go quietly into the night and save the club or drag it out all season and the club go bust and drop down the league and start again as a new company
the choices are simple stay as we are and die or embrace the newboard and there passion'"
These ' people ' , who are ' there ', I take it you can post their names on here and tell us all where ' there ' actually is?
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| Surely we must try to avoid the newco scenario. If we are chucked into Champ 1 just as they change the structure of the game we will find ourselves in the wrong place at the wrong time.
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| Surely we must try to avoid the newco scenario. If we are chucked into Champ 1 just as they change the structure of the game we will find ourselves in the wrong place at the wrong time.
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| Quote ="Starbug"As I understand it, shareholders are P Coffey,K Freer,S Pike,D Thomas,Arthur Thomas's estate ,S Grainey and S Blakely
Current BOD, P Coffey,K Freer'"
Arthur's shares are split across family and Alan Rowley has a large share holding also according to recent companies house records.
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| Quote ="Starbug"Sorry I disagree, what are you expecting the current shareholders to do? , reinquish their shares to who? , up to this moment there isnt a name or group of names to speak to, however the shareholders are a known set of people, surely the job of attracting more ' Like minded ' people would be easier if the position of the shareholders was clearly known
Call a meeting, ask the question , its cards on the table time in ' Poker ' parlance'"
That's not our place and we don't profess to be that driving champion.
Like I said, we are here to help whoever wants to lead. No more no less.
Any successful organisation has a number of smaller individuals working from beneath assisting as much as it can.
How that method arrives is for others (the shareholders) to resolve.
In the meantime and until that is resolved, there are people wanting to assist however big or small that may be. There is no place for politics and 'he said she said' with the TDC.
We simply want the best for the club and try to represent our members as best we can.
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| Important enough to post twice Dereck
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| like I said demon,its up to the remaining shareholders to release the club to new investors
starbug the names are freely known around leigh
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| Quote ="SRW1996"Arthur's shares are split across family and Alan Rowley has a large share holding also according to recent companies house records.'"
I stand corrected, I assume Alans shares would have been part of Arthurs original take up or subsequent re issue that I was unaware of, but still fair enough, all reasonable people who have the clubs interest at heart
Somebody call a meeting
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| Lisa should get yours !!!!
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| Quote ="flatcapman"like I said demon,its up to the remaining shareholders to release the club to new investors
starbug the names are freely known around leigh'"
If they are freely known, how come I dont know who they are, and it seems neither do you
If they wish to remain secret, is that a good thing for the future of the club and the potential attraction of others?
As I said, Cards on the table
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| Quote ="Starbug"I stand corrected, I assume Alans shares would have been part of Arthurs original take up or subsequent re issue that I was unaware of, but still fair enough, all reasonable people who have the clubs interest at heart
Somebody call a meeting'"
Steve like you say they are all good Leigh people who I imagine all would want what's best for Leigh Centurions.
IMO its the job of the existing BOD and CEO to call a shareholder meeting and get an answer on weather the shareholders will relinquish control.
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| Quote ="SRW1996"Your bang on Steve its the biggest single issue and I've stated this to Trevor and anyone else for a while now.
I disagree with Touchdown clarity on the shareholders position is required regardless who is taking the club forward.'"
The TDC are not and do not profess to be the driving force behind anything nor is it our place to either raise or resolve the shareholder issue simply because its none of our business.
If you decided to take the club forward, or anyone else, we would be here to help as much as we can.
Internal politics does not interest us.
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| I agree were on our hols tommorrow though lol
I think Steve should give Lisa his !
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| Quote ="SRW1996"Steve like you say they are all good Leigh people who I imagine all would want what's best for Leigh Centurions.
IMO its the job of the existing BOD and CEO to call a shareholder meeting and get an answer on weather the shareholders will relinquish control.'"
Correct, but I would hope they would have answers to the question " Who is looking to take over, and their investement into the club will be ? "
Now if you think that unreasonable, please tell me
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| Quote ="Starbug"Correct, but I would hope they would have answers to the question " Who is looking to take over, and their investement into the club will be ? "
Now if you think that unreasonable, please tell me'"
I don't Steve I think it's quite reasonable request and one which I would fully expect.
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