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It's just occurred to me, Can't we organise a petition, or a March from Belle Vue to Eric France,s Yard or home to try to convince him that we need him to rescue our club.
perhaps his reasons for NOT doing so could then be made public. It might just be the spur that we need to get rid of the strangle hold, or resistance to investors
that is the Richardson clan.
It seems to me that the conditions that Ted would not agree to when EF wanted to invest, involved the getting rid of Ted's men/woman on the current BOD, and shop.
posting.php?mode=post&f=33# |
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It's just occurred to me, Can't we organise a petition, or a March from Belle Vue to Eric France,s Yard or home to try to convince him that we need him to rescue our club.
perhaps his reasons for NOT doing so could then be made public. It might just be the spur that we need to get rid of the strangle hold, or resistance to investors
that is the Richardson clan.
It seems to me that the conditions that Ted would not agree to when EF wanted to invest, involved the getting rid of Ted's men/woman on the current BOD, and shop.
posting.php?mode=post&f=33# | |
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He's not allowed to be a director (or owner I cant remember which) of a sports club for a few years
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Plenty of scrap metal in Belle Vue for them.
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Quote ="Micka"It's just occurred to me, Can't we organise a petition, or a March from Belle Vue to Eric France,s Yard or home to try to convince him that we need him to rescue our club.
perhaps his reasons for NOT doing so could then be made public. It might just be the spur that we need to get rid of the strangle hold, or resistance to investors
that is the Richardson clan.
It seems to me that the conditions that Ted would not agree to when EF wanted to invest, involved the getting rid of Ted's men/woman on the current BOD, and shop.
posting.php?mode=post&f=33#'"
I'd rather try and convice the other Guy who was mentioned at the Shareholders Meeting.
Unfortunately no new investors are going to invest in a Club that has debts without the certainty of a SL franchise in 2012. They could take over the club, inherit the debt and then find they have spent a substantial sum only to be the owners of a Championship Club or they can wait until the Club goes bust (if it does not secure the required investment) buy the club from the Administrator for a fraction of the debt. They then own the Club and if it get a franchise for 2012 then its a result, if they dont they own a Championship club for a fraction of what it would cost if they stepped in now.
Its all about cost and risk. In my opinion no one is going to take over the club and its liabillities in the current situation we find ourselves. |
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Quote ="Micka"It's just occurred to me, Can't we organise a petition, or a March from Belle Vue to Eric France,s Yard or home to try to convince him that we need him to rescue our club.
perhaps his reasons for NOT doing so could then be made public. It might just be the spur that we need to get rid of the strangle hold, or resistance to investors
that is the Richardson clan.
It seems to me that the conditions that Ted would not agree to when EF wanted to invest, involved the getting rid of Ted's men/woman on the current BOD, and shop.
posting.php?mode=post&f=33#'"
I'd rather try and convice the other Guy who was mentioned at the Shareholders Meeting.
Unfortunately no new investors are going to invest in a Club that has debts without the certainty of a SL franchise in 2012. They could take over the club, inherit the debt and then find they have spent a substantial sum only to be the owners of a Championship Club or they can wait until the Club goes bust (if it does not secure the required investment) buy the club from the Administrator for a fraction of the debt. They then own the Club and if it get a franchise for 2012 then its a result, if they dont they own a Championship club for a fraction of what it would cost if they stepped in now.
Its all about cost and risk. In my opinion no one is going to take over the club and its liabillities in the current situation we find ourselves. | |
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| Quote ="Sandal Cat"or they can wait until the Club goes bust (if it does not secure the required investment) buy the club from the Administrator for a fraction of the debt. They then own the Club and if it get a franchise for 2012 then its a result.'"
I'm starting to think that one of our wealthy stakeholders is planning to do just that - from a business perspective, it's the only option that makes any sense. |
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Have to say I agree with the above
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That was the route Steve O Connor took but now Crusaders have gone in and out of Administration maybe there is `previous` enough for the new buyer to have a punt. Good luck indeed from fellow sufferers Salford.
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I think it would be Jonathan France who would be wanting to invest as opposed to Eric.
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| Quote ="altofts wildcat"I think it would be Jonathan France who would be wanting to invest as opposed to Eric.'"
Agreed, and considering his attitude towards Ted and Co, it wouldn't be at all surprising if he was looking to protect his own investment in the same way that's been described elsewhere on here i.e by allowing the club to go into administration, any money he later spends to buy it will be used productively, rather than to clear historical debt incurred by the corrent BoD.
The same applies for any of our potential saviours in my opinion - there is simply no business case for bailing out Ted and Co. |
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| Quote ="bren2k"The same applies for any of our potential saviours in my opinion - there is simply no business case for bailing out Ted and Co.'"
And why the only group that may be 'stupid' enough to do so are the fans, who are thinking with sentiment rather than business head. |
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| Quote ="t-r-i-n-i-t-y"And why the only group that may be 'stupid' enough to do so are the fans, who are thinking with sentiment rather than business head.'"
I don’t think stupidity can be cited against fans that are prepared to throw their hard earned money into a black hole.
Blind passion maybe, but they’re not stupid. |
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| Quote ="t-r-i-n-i-t-y"And why the only group that may be 'stupid' enough to do so are the fans, who are thinking with sentiment rather than business head.'"
I don't see any evidence for that.
I do see that the BoD have *tried* to play on that sentiment, but I haven't seen any fans blindly pledging their money; most of the comments on here have ranged from cautious to outright cynicism. |
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| Quote ="The Devil's Advocate"I don’t think stupidity can be cited against fans that are prepared to throw their hard earned money into a black hole.
Blind passion maybe, but they’re not stupid.'"
Quote ="bren2k"I don't see any evidence for that.
I do see that the BoD have *tried* to play on that sentiment, but I haven't seen any fans blindly pledging their money; most of the comments on here have ranged from cautious to outright cynicism.'"
I guess I should have clarified that I do not see the supporters as 'stupid' but the BoD must take us as fools with no businessmen willing to invest and, as you both say, the number of questions asked and points raised on here from the moment the begging bowl came out! |
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What about the guy who was going to buy us the one that fell off his scooter and sadly past away. He was going to buy the club so why can't his family step in?? He was a multiple millionaire.
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I think you will have to look elsewhere. France has fingers in pies at Trin, Ossett Town and Dewsbury.
the only way someone will take on the club is if they are in admin so they get a cheap deal.
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It's both Eric AND Johnathan who are banned from acting as directors. From memory, they continued trading whilst the company was insolvent, then made attempts to frustrate the officials brought in to sort the mess out. That is why they were given such long banning periods (about 12 years, I believe). Are these really the sort of people we want owning and running the club? People who would happily pull the plug on our long and proud history at the drop of hat just to save a few quid?
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| Quote ="dids858"I think you will have to look elsewhere. France has fingers in pies at Trin, Ossett Town and Dewsbury.
the only way someone will take on the club is if they are in admin so they get a cheap deal.'"
I think we've been down that road already.
I don't want him anywhere near this club, anyhow he's got no cash just a load of posters and banners. |
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| Quote ="Chairman Miaow"It's both Eric AND Johnathan who are banned from acting as directors. From memory, they continued trading whilst the company was insolvent, then made attempts to frustrate the officials brought in to sort the mess out. That is why they were given such long banning periods (about 12 years, I believe). [uAre these really the sort of people we want owning and running the club? People who would happily pull the plug on our long and proud history at the drop of hat just to save a few quid[/u?'"
No they are not, sadly we may end up with such a person and tbf it seems no one with any dosh and a love of the club is stepping in. |
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| Quote ="BIGAL1"I think we've been down that road already.
I don't want him anywhere near this club, anyhow he's got no cash just a load of posters and banners.'"
He does have some money but i would not trust him one bit. |
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I sent a message to George Riley at Five Live the other day, asking him to publicise our plight in a positive way; "you never know if a Wakey lad or lass made good might be listening," I thought.
Even as I sent the message, I had a moment of clarity; if you looked up the expression 'clutching at straws', there would be a picture of me sending this message...
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| the big one will hopefully come back in.  |
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If the big one does come on board rthen I think we may well see professional football come to the city too.
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| Quote ="Uptoncat"If the big one does come on board rthen I think we may well see professional football come to the city too.'"
Who is it?
Is it Dave Whelan who i heard mentioned a few months ago? |
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The Dave Whelan rumour was going around last year, when he left Wigan RL
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Not Whelan. He's involved in semi pro football at the moment.
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