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| Quote ="financialtimes"A quick search on companies house shows that currently MC & JM are directors in one registered company only and that is "Spirit of 1873 LTD" no other company, so if there is a so called management company looking after the stand, its either listed as a charity or neither of these 2 guys are on the BOD of it.
'" this is correct BUT the trustees of 1873 are, yes you guessed it jm and mc. This apparently was done to stop anyone doing what manny did to the club, however when and if the new owner buys the club as trustees they can charge a rent for which they are asking 200 grand a year to use the stand, add to that 200 grand a year repayment to the council, the directors loans which they are realy in no position to take and I'm also led to believe we took a massive covid loan which mc said we didn't. If the new owner pulls this deal then jm and mc are left to pay the bills and as I look at the current situation we're skint.
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| Quote ="MOPSEY LIVES ON"this is correct BUT the trustees of 1873 are, yes you guessed it jm and mc. This apparently was done to stop anyone doing what manny did to the club, however when and if the new owner buys the club as trustees they can charge a rent for which they are asking 200 grand a year to use the stand, add to that 200 grand a year repayment to the council, the directors loans which they are realy in no position to take and I'm also led to believe we took a massive covid loan which mc said we didn't. If the new owner pulls this deal then jm and mc are left to pay the bills and as I look at the current situation we're skint.'"
There are 4 trustees.
And they do not personally receive money if they charge the club rent.
There have been other trustees who resigned when they gave up their shares in WT.
I have no idea of the details, but it still sounds like someone causing mischief by twisting some pretty standard facts.
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| Quote ="MOPSEY LIVES ON"this is correct BUT the trustees of 1873 are, yes you guessed it jm and mc. This apparently was done to stop anyone doing what manny did to the club, however when and if the new owner buys the club as trustees they can charge a rent for which they are asking 200 grand a year to use the stand, add to that 200 grand a year repayment to the council, the directors loans which they are realy in no position to take and I'm also led to believe we took a massive covid loan which mc said we didn't. If the new owner pulls this deal then jm and mc are left to pay the bills and as I look at the current situation we're skint.'"
Being a trustee is not the same as being a director, "Spirit of 1873" is the company that holds all the assets listed (and liabilities) at WF1 5EY,
You're making up a scenario for an agenda that doesn't exist, the only way that a separate company could demand what you're suggesting, is that if that company held the asset of the stand, which it doesn't. Trust me I'm no MC lover and he's probably the main reason I no longer attend games, sponsor players, purchase season tickets, contribute to commit 6 and play for the PDRL team or have anything to do with the club & community trust as a whole.
But there is some mischief going on here, there's a clear light at the end of the tunnel and some are wanting to throw boulders in the way.
The truth will out! as they say.
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| Quote ="PopTart"There are 4 trustees.
And they do not personally receive money if they charge the club rent.
There have been other trustees who resigned when they gave up their shares in WT.
I have no idea of the details, but it still sounds like someone causing mischief by twisting some pretty standard facts.'" I'm telling you the truth if you do not believe thats your choice, I can't make you believe me but get ready if this deal.goes under cause things could get a whole lot worse
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| Quote ="financialtimes"Being a trustee is not the same as being a director, "Spirit of 1873" is the company that holds all the assets listed (and liabilities) at WF1 5EY,
You're making up a scenario for an agenda that doesn't exist, the only way that a separate company could demand what you're suggesting, is that if that company held the asset of the stand, which it doesn't. Trust me I'm no MC lover and he's probably the main reason I no longer attend games, sponsor players, purchase season tickets, contribute to commit 6 and play for the PDRL team or have anything to do with the club & community trust as a whole.
But there is some mischief going on here, there's a clear light at the end of the tunnel and some are wanting to throw boulders in the way.
The truth will out! as they say.
'" I'm not making up anything FT
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| Quote ="MOPSEY LIVES ON"I'm telling you the truth if you do not believe thats your choice, I can't make you believe me but get ready if this deal.goes under cause things could get a whole lot worse'"
I hope you come back to explain if things don't turn out as you say.
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| Quote ="PopTart"I hope you come back to explain if things don't turn out as you say.'" if they drop their stupid demands then there will be nothing to explain, your distrust of anything said about the club is mnd boggling sometimes pt, I'm just trying to explain things and that by being trustees of 1873 they have some hold. Anyway I hope this turns out for the best the fans have had enough heartache over the years
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| Quote ="MOPSEY LIVES ON"if they drop their stupid demands then there will be nothing to explain, your distrust of anything said about the club is mnd boggling sometimes pt, I'm just trying to explain things and that by being trustees of 1873 they have some hold. Anyway I hope this turns out for the best the fans have had enough heartache over the years'"
Not at all. I distrust something that doesn't make logical sense.
You haven't explained how Carter is making money out of the supposed rent.
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| Cater announced during the sky game Wakey v Hull that a new investor would be announced the week after, and he could take the club forward.
Having made that announcements surly the best thing to do now would be to give an update..
It would appear a problems hit the deal.
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| Quote ="financialtimes"A quick search on companies house shows that currently MC & JM are directors in one registered company only and that is "Spirit of 1873 LTD" no other company, so if there is a so called management company looking after the stand, its either listed as a charity or neither of these 2 guys are on the BOD of it.
'"
That’s comforting to know!
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| Quote ="PopTart"Maybe you just don't understand how they do it.
But as long as your life is fulfilled with your off line activities, why do you care?'"
Quite right, that's me put in my place by the morality police! Well, a few weeks ago I wondered why we had signed Hewitt for 2 weeks, and you replied with.....he's been signed in order to not play Proctor injured. After thinking long and hard just how to reply to that, I just didn't bother. So as the seeker of truth and justice on here, could you tell me please which member of the coaching staff told you this? You seem very quick to take the high ground with anyone who 'makes things up.' Maybe i'm just p****d off with everything right now at the club, we can't get the stand finished without the politics that go with it, there's nothing at the club on or off the field without a seeming conspiracy, agenda, some hidden motive by someone, it's all one big mess and seriously depressing. I've been a fan for over 30 years, and yeah we've had to put up with mainly crap, but it never felt as bad as this. It's like the club is just slowly being swallowed up by some great big black hole......
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| Quote ="RWB"Some people are passionate about their club Moggy - shouldn't be criticised'"
Yep, you're right I shouldn't have criticised, by and large the people who come on here, are fair, decent and care about the club. It's just you wonder about some people's motives sometimes......like I've just said on another thread, it's just all very depressing at the mo, and you question yourself, or I do, why bother anymore!!
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| Quote ="Wildmoggy"Quite right, that's me put in my place by the morality police! Well, a few weeks ago I wondered why we had signed Hewitt for 2 weeks, and you replied with.....he's been signed in order to not play Proctor injured.
After thinking long and hard just how to reply to that, I just didn't bother. So as the seeker of truth and justice on here, could you tell me please which member of the coaching staff told you this? You seem very quick to take the high ground with anyone who 'makes things up.' Maybe i'm just p****d off with everything right now at the club, we can't get the stand finished without the politics that go with it, there's nothing at the club on or off the field without a seeming conspiracy, agenda, some hidden motive by someone, it's all one big mess and seriously depressing. I've been a fan for over 30 years, and yeah we've had to put up with mainly crap, but it never felt as bad as this. It's like the club is just slowly being swallowed up by some great big black hole......
'"
I'm not sure what any of that is to do with being on social media.
Anything I posted about Hewitt would have been from a quote on the media outlets. Can't remember what I said but it sounds reasonable.
The rest I get. Its a mess. It has been for a long time.
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| Quote ="altofts wildcat"A reliable source who has not let me down in the past informs me of the below, I will admit that i do not understand the why's or hows and it doesn't really make sense but here goes:
The Ellis interest is very real and and offer is a long way down the line however there are some sticking points.
The council load repayments are a lot higher than anticipated by Ellis and he struggles to see how the club would afford them in the Championship without them being paid by directors/owners. Taking on the debt isn't an issue in itself but paying for it if we go down is.
The new stand is set up to run under a separate company to the actual club, a bit like a Stadium Management Company. Carter is wanting to remain in control of this and charge to club itself rent to be able to use it. Now I always understood that the club owned the land and everything on top of the land so I am not sure how it works or even if it is true but I do trust my source.
The final sticking point is Directors Loans. The small shareholders are happy to sell without recuperating their money however Carter wants his loans paying back in full despite what he has said in the past.'"
And people think Sir Rodney Walker was the villain!
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| Quote ="The Avenger"And people think Sir Rodney Walker was the villain!'"
So even though the person posting it says they don't understand it, and others have posted to show some of it can't be true......and no one can explain how Carter is supposed to be making money in this conspiracy, you think you've identified the villain??
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| Quote ="The Avenger"And people think Sir Rodney Walker was the villain!'"
It's not true according to Phil Townsend on RWB Facebook.
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| Quote ="STB"It's not true according to Phil Townsend on RWB Facebook.'" no he said some of it is true the 200 grand for the stand is true
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| Quote ="PopTart"So even though the person posting it says they don't understand it, and others have posted to show some of it can't be true......and no one can explain how Carter is supposed to be making money in this conspiracy, you think you've identified the villain??'"
You’ve extrapolated quite a lot from my one simple sentence!
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| Quote ="MOPSEY LIVES ON"no he said some of it is true the 200 grand for the stand is true'"
You are going out a long way on this limb Mopsey.
You've been told how the company is set up, that the trustees can't receive money and can't explain how the 'villain' as Avenger puts it is supposed to be making any money.
Hope it's not a long fall when it breaks.
Clearly I don't know you but I don't think you have a vendetta like some do, but I'm thinking maybe you are listening to people who have.
Some clarification coming out soon apparently.
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| Quote ="PopTart"You are going out a long way on this limb Mopsey.
You've been told how the company is set up, that the trustees can't receive money and can't explain how the 'villain' as Avenger puts it is supposed to be making any money.
Hope it's not a long fall when it breaks.
Clearly I don't know you but I don't think you have a vendetta like some do, but I'm thinking maybe you are listening to people who have.
Some clarification coming out soon apparently.'"
Who did I call a villain?
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| Quote ="The Avenger"Who did I call a villain?'"
You know what you tried to imply.
I assume this is you taking it back?
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| Quote ="PopTart"
Some clarification coming out soon apparently.'"
Any ideas when? I just want it all to be over.
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| Quote ="BackSeatCoach"Any ideas when? I just want it all to be over.'"
Working on it now apparently.
The deal isn't far enough through to be announced yet but I guess they've been forced to update because of the mischief makers muddying the waters.
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| Quote ="PopTart"You know what you tried to imply.
I assume this is you taking it back?'"
I take nothing back, I just don’t like people attributing things to me that I haven’t actually said in order to make a point to someone else.
Do I think Carters a charlatan yes
Would I trust him or his word on anything no
Do I think Carter has been straight with the fans no
Do I believe Rodney Walker was the villain he was painted to be no
Is that unequivocal enough
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| Quote ="The Avenger"I take nothing back, I just don’t like people attributing things to me that I haven’t actually said in order to make a point to someone else.
Do I think Carters a charlatan yes
Would I trust him or his word on anything no
Do I think Carter has been straight with the fans no
Do I believe Rodney Walker was the villain he was painted to be no
Is that unequivocal enough'"
Thanks for clarifying.
2 is an opinion you are welcome yo.
1 and 3 have no evidence.
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