so the vultures are out

If we can't find the support from somewhere...... I don't think they'd be doing this for fun!

at what point does one turn off the life support machine of a loved one....

perhaps the effort would be better put into making NM happen... then creating a new club to play in it....

I cannot see any way that Trinity will be in superleague after this year... and I have always felt that such a decision would end the life of the current wakefield club.

this is a harder task to find 500 with the money than 15000 with the signatures

old folks home will do for the time being until we find our cure

I think you would be mad to put £1k into the club. Whatever anyone says that is a lot of money if its not they would not be asking!

They are a limited company who have had numerous people extracting money from it for years. Those people are now asking for a cash injection.

It seems to me that anytime WTW talk about informing shareholders etc that a cash call is on the cards. They dont give a poop about their share holders and dont keep them informed about anything other than when they want money.

I honestly dont know the answers to these questions so maybe wrong but were shareholders consulted over the stadium choices, selling Belle View, New roles for staff within the club etc?

It stinks just like the last share call stank. They are playing on fans loyalty but my thoughts are we dont have the fan base to provide 500 people willing to/being able to cough up £1k.

I fear the worst and it would not suprise me one bit if the end of January was a date when the money runs out and admin happens.

Sad times

Why dont we accept we are fighting a losing battle and plan to consolidate in the championship. Cas went down twice and are still here, Widnes missed out last time and have come back a lot stronger and will come up next year.

The presssure would be off and we can reduce expenditure and have more time to build a stadium. It is a hard decision to make, but if it secures our future so be it.

Not saying that this would happen or will for a moment, so dont jump down my throat.. lets say you went into administration and up popped your interested parties and bought the club then for meager amounts, The RFL couldnt kick you out as the president has been set by them, ala crusaders, Suerly this would be the preffered option AFTER all other avenues have been exhausted wouldnt it ?

its on everyones mind that's plan g

At worst I suspect we will be put into admin and bought by the best party interested.

The fact that they have had to come to the fans asking for money (whilst masking the reality), and not been able to attract an investor who makes decisions like this based on the TRUE facts is the lowest thing that TED and his board could ever do!

I hope the club goes into admin and the fans buy the club such has happened with certain football teams who are now running well with no debt, with a voted board from a long list of people who wont make any money from the club and will be doing it for the success of the club, not to fund their own investment losses.

and c,d,e,f are ?

TBH I believe that administration is the only way the club can progress from here - a fresh start is needed as there is too much baggage attached to the current regime and as has been said numerous times already the likelihood of getting the funds required are virtually nil, particularly in the tight time frame. I feel sorry for the players and certain club employees whose livelihoods are on the line due to the incompetence of the BOD.

where do we go fev donny cas sheffield take a pick

Mount Doom?

Whatever happens from here on in, whether the money is raised or not (and I would suggest not), the current BOD should go anyway. If they are true supporters as has been said, they should walk away anyway, cos their shares are worth nowt and their failings are there for all to see.

Must admit as an outsider reading that statement I thought exactly that and was quite shocked by it! Basically read.... 'if you really love your club you'll cough up 1k, full stop!' very poor IMO

May work at first on fans but it's not as if we all don't put plenty into our clubs over the years!

In August i emailed the Club with ideas of ways to generate income AND NEVER RECIEVED A REPLY, one idea was an fans investment scheme (long term) in which Fans invest money in the club with a 5 year season pass for a £500-600 investment making a season pass £100-£120, how many fans would have invested in August ? In August Newmarket was full steam ahead my idea was tossed aside because we were so confident on planning permission, So here we are in Jan with begging bowl in hand for £1000 with a chance to get 1st pick of your seat at Newmarket... WOW, what happens to your £1000 if 500 people do not invest ? do you get it back ? what happens if Newmarket does not go ahead ? what happens if the Club goes under (god forbid) ? is your £1000 gone ?. TBH altough it breaks my heart to see the Club in such a predicament it does not suprise me !!, do we have 500 fans with a spare grand each with the current economic times and just after the most expensive time of year ? i applaud any fan willing to put their hand in their pocket i certianly can't afford it, let's hope we have 500 people with a spare grand to throw away....



A COPY OF THE MAIL I SENT IN AUG

Maybe we ought to be looking for fans to invest long term, Not another "1 season wonder deal" which in my opinion is not really a great deal. Why not offer the fans to invest in the future of WTW with say a 5 year pass for £500-600, that makes it £100-120 a season and still guarantees income even if we drop to the lower leagues, and gives the fans to invest in the future of Wakefield whatever the outcome of the franchise decision come next year....

I can't speak about why the club didn't respond, maybe they couldn't, maybe they were preoccupied whatever, FWIW I think they should have!

As for the rest, if you read the various threads all your concerns are answered in the positive. In short though, the money will be paid into an ESCROW Acct where it is safe, it cannot be accessed by anyone from the club under any conditions no matter how extreme, if we fail to raise the money then it will be repaid in full if thats what the investor wants, if we are successful then the BoD will resign en masse, relinquish their shareholding and have no more to do with the club. The new shareholders will then decide how best to use the money and move forward.

I found this part:



incredibly unprofessional and, to be honest, insulting.

That is not the question at all. The question is "how has a procession of clueless muppets dragged this club to the brink of collapse".

I must say as a life long Wakefield fan, I am at my wits end with everything that's going on. I have read the statement from the club regarding the £1000 and I am amazed by the contents, in effect they are selling us, the fans, things they can't even guarantee!

This appears to be a last ditch desperate attempt, by ted and co. and after buying a season ticket every year for the last 25 years, I am now being asked to stump up £1000 to save the club. What's happened to all the money in the past? I simply can't afford to pay this, but honestly now I am so fed up of the whole debacle, I'm not even sure I would if I could, as there is no way we will get 500 people to invest IMHO, so I might as well give £1000 to a tramp so he can have a good time with it



I would like to ask TRB, IA and the other members of the fans groups, are you investing £1000 or more into the club, and what guarantees are there to the fans that do?

I hope 500 people "turn up grand in hand" but with the rise in VAT, fuel price hike's, Job security and people still not paid their Dec's credit card bill, will the hard working, honest people have a spare £1000 ?, why not introduce this idea when the decision on NM was to be taken to Central Goverment ? the fan's are been emotionaly blackmailed into securing the club after years and years of bad managment by the current BOD. im sure £500k will keep the club afloat for so long what happens if no new investers came along ? how long can you flog a dead horse ? Are the Club going to ask the fans to did deep again ?

Taken from the VT

The Clan wrote:

5) Relying on a payment of GBP 350k that was conditional on the planning application for newmarket not going to PI
=#FF4000[u"something has happened which exacerbated the situation almost overnight, more to come on this for everyone"[/u


Anymore info on why this fell through?

I can see your point, but the chances of this figure being reached by existing shareholders alone is I feel remote.
This meeting was planned well before Xmas, plenty of time for the bod to get together, anticipate the questions they would be asked, produce all the facts, and then be ready to roll out en mass to the rest of us.
With the lack of trust that many of fans/potential investors, have in the bod, it looks like an attempt to muddy the waters and just hope people feel shamed into dipping into their savings.
I can see no other outcome, if the situation is as bleak as we all fear, than administration, because the bod have either not acted quickly enough or supplied enough facts to convince the people.
Another cock up in short.
Do I think administration is a good thing? No
Do I think it could be our best bet? Yes

Sorry to disappoint - but it's got nothing to do with anything Wakefield did, or didn't, do!

Any clues Phil?