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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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| 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.
'"
As things currently stand, there is 4 board members, with Mick and John owning about 47 / 48% each and the other 2 pretty much sharing remaining 5/6 %.
If the takeover goes through, they could just purchase 1873 and its entire assets and liabilities, or a deal could be done that the new owner (s) create a new company, and a selection of assets transferred across (SL license, players contracts etc), and the new stand / stadium remain a asset of 1873 and is leased to the new owners new company.
Its all guesswork and speculation at present what if anything will happen, but if the club is sold, then the current owners will be wanting to make a few quid on it one way or the other.
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| Quote ="Mark Voakes"As things currently stand, there is 4 board members, with Mick and John owning about 47 / 48% each and the other 2 pretty much sharing remaining 5/6 %.
If the takeover goes through, they could just purchase 1873 and its entire assets and liabilities, or a deal could be done that the new owner (s) create a new company, and a selection of assets transferred across (SL license, players contracts etc), and the new stand / stadium remain a asset of 1873 and is leased to the new owners new company.
=#FF0000Its all guesswork and speculation at present what if anything will happen, but if the club is sold, then the current owners will be wanting to make a few quid on it one way or the other.'"
Guesswork? So why post so adamantly that they are wanting to get ÂŁ200k a year from the stand and that they are blocking the takeover?
Seems to me some people are trying to cause trouble at the club by spreading misinformation.
I hope you all reveal your 'reliable source' when it all comes out as of course you want the best for the club.
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| Quote ="PopTart"Thanks for clarifying.
2 is an opinion you are welcome yo.
1 and 3 have no evidence.'"
I’ve plenty of evidence for all and more, that aside I’m happy with my ability to judge character
PT, you do not know him
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| Quote ="The Avenger"I’ve plenty of evidence for all and more, that aside I’m happy with my ability to judge character
PT, you do not know him'"
Correct. I don't.
I don't think he's an angel by any means. But I don't think he's the devil that some think either.
I think he's a guy who makes hard decisions not everyone likes
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| Quote ="PopTart"Guesswork? So why post so adamantly that they are wanting to get ÂŁ200k a year from the stand and that they are blocking the takeover?
Seems to me some people are trying to cause trouble at the club by spreading misinformation.
I hope you all reveal your 'reliable source' when it all comes out as of course you want the best for the club.'"
You’ll quickly find out that those with a long term bee in their bonnet about MC and JM have migrated from the lawless site of Facebook onto this site and will try their best to continue to shed bad light on both regardless wether there is concrete evidence to back up their stories or not
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| Quote ="Mark Voakes"As things currently stand, there is 4 board members, with Mick and John owning about 47 / 48% each and the other 2 pretty much sharing remaining 5/6 %.
If the takeover goes through, they could just purchase 1873 and its entire assets and liabilities, or a deal could be done that the new owner (s) create a new company, and a selection of assets transferred across (SL license, players contracts etc), and the new stand / stadium remain a asset of 1873 and is leased to the new owners new company.
Its all guesswork and speculation at present what if anything will happen, but if the club is sold, then the current owners will be wanting to make a few quid on it one way or the other.'"
What a joke of a post, ifs and buts, if my grandad had tits he’d be me :grandma
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| Quote ="Kettykat"You’ll quickly find out that those with a long term bee in their bonnet about MC and JM have migrated from the lawless site of Facebook onto this site and will try their best to continue to shed bad light on both regardless wether there is concrete evidence to back up their stories or not'"
Hi Jon.
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| Quote ="financialtimes"What a joke of a post, ifs and buts,
if my grandad had tits he’d be me :grandma
'"
Of course its ifs buts and maybes, no deal has yet been done. One of the majority shareholders is happy to sell for a quid, and is absolutely not bothered about his directors loans -doesn't sound like a pretty difficult deal to do if that stance is correct.
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| Quote ="PopTart"Correct. I don't.
I don't think he's an angel by any means. But I don't think he's the devil that some think either.
I think he's a guy who makes hard decisions not everyone likes'"
And you can only judge him on what you know PT, I don’t criticise you for that!
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| Quote ="financialtimes"if my grandad had tits he’d be me :grandma
'"
Not necessarily!
Now testicles that’s another story, then again in todays world maybe not
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| Quote ="Mark Voakes"Of course its ifs buts and maybes, no deal has yet been done. One of the majority shareholders is happy to sell for a quid, and is absolutely not bothered about his directors loans -doesn't sound like a pretty difficult deal to do if that stance is correct.'"
All that means is you don't understand the process.
Selling a house is much easier and that takes ages after you agree terms.
There are also some checks on owners from Super League/RFL if I remember rightly and that's before they've gone through the due diligence on the potential new owner. We've had a few like Pearman or Glover who talk big but then can't back up what they say.
Not a quick process at all.
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| Quote ="PopTart"All that means is you don't understand the process.
Selling a house is much easier and that takes ages after you agree terms.
There are also some checks on owners from Super League/RFL if I remember rightly and that's before they've gone through the due diligence on the potential new owner. We've had a few like Pearman or Glover who talk big but then can't back up what they say.
Not a quick process at all.'"
How many RL clubs have you bought / sold if you know how the process works and how quick it takes?
Ah, for all bad points of Glover which there are many, people tend to forget he also saved the club initially when he took over, and our CEO was FD under is stewardship. Glover also wiped his directors loans when he walked away from the club, lets hope MC sticks to his words and really isnt bothered about his loans if / when this deal goes through.
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| Buying a professional rugby league club in the U.K. typically involves several steps. While the exact process may vary depending on the specific circumstances and the club in question, here is a general outline of the steps involved:
Research and Due Diligence: Conduct thorough research on the club you are interested in buying. This includes understanding its history, financial status, current and potential revenue streams, fan base, stadium situation, and any other relevant factors. It's important to perform due diligence to assess the club's viability and potential for growth.
Contacting the Club: Reach out to the club's current ownership or relevant stakeholders to express your interest in purchasing the club. This could involve contacting the board of directors, majority shareholders, or any appointed representatives. Establishing open lines of communication is essential for progressing further.
Negotiation and Agreement: Once your interest is known, negotiations begin. This stage involves discussing the terms of the purchase, including the sale price, any outstanding debts or obligations, and the transfer of assets such as player contracts, branding rights, and other club-related properties. Engage in thorough negotiations to reach a mutually acceptable agreement.
Legal and Financial Due Diligence: Engage professionals such as lawyers, accountants, and financial advisors to conduct a detailed analysis of the club's legal and financial affairs. This process ensures that there are no hidden liabilities, pending legal issues, or financial irregularities that could impact the purchase. It's crucial to have a clear understanding of the club's financial health before proceeding.
Contracts and Documentation: Once the negotiations are finalized and due diligence is completed, formalize the purchase through legally binding contracts. These contracts outline the terms and conditions of the purchase, including payment structure, transfer of assets, and any other pertinent agreements. Engage legal experts experienced in sports club acquisitions to ensure compliance with relevant regulations and laws.
Regulatory Approvals: Rugby league clubs in the U.K. are subject to specific regulations and governance by organizations like the Rugby Football League (RFL) or Super League Europe. Obtain the necessary regulatory approvals from these bodies to ensure compliance and legitimacy of the purchase.
Transfer of Ownership: Once all legal and regulatory requirements are fulfilled, the transfer of ownership takes place. This involves the formal transfer of shares, assets, and control of the club to the new owner or ownership group.
Transition and Integration: After the purchase is complete, you will need to manage the transition process. This includes introducing yourself to the staff, players, and fans, and ensuring a smooth transfer of management and operations. Develop a strategic plan for the club's future, which may include investments in infrastructure, marketing, player recruitment, and other areas aimed at growing the club's success.
It's important to note that buying a professional rugby league club can be a complex and intricate process. Engaging professional advisors who are experienced in sports club acquisitions is highly recommended to navigate the process smoothly and ensure compliance with all relevant regulations.
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| There is an equally long list for selling a club.
We are unfortunately going to have to be patient and wait to see how those steps pan out.
As I understand it they are only in the first steps not the last steps.
God forbid any of Ellis's people look at this. Who'd want to take on a club where the supposed fans want to try and criticise every decision, or in fact make things up, just to make the board look bad.
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