just not on ere

A supporters trust is a great idea but the supporters would only be able to raise enough money to support the club in the lower leagues. For instance it would take 10000 people to put £100 in each to raise 1 million. This may be enough to buy the club however people would need to continue to put that much into the club each year for it to be any sort of success and i just cant see that happening with the level of support we currently have.

If I was looking to buy the club, I would be waiting to see what happened about planning permission and the taxman. At the moment, buying the club is a gamble. If Ted is desperate for the cash, waiting for it to become less of a gamble won't necessarily increase the price.

Ted is not waiting for/wanting any cash and neither does he own the Club - he is the major shareholder.

The club, the ground and everything else belongs to Wakefield Trinity RLFC. I know the ground is sold but that money belongs to WT ... and will need to stay that way before Ted would hand over the reins.

The money put up by any investors is to secure the future of the Club, not to buy Ted out.

But as majority shareholder he would/could be an obsticle to any new purchaser.
They would want shut of him and to a lesser extent any of the sprogs/hangers on.

Ted is prepared to hand over his shares (to the right person/people!) so that he can go back to 'just' being a supporter like all of us.

For nowt?

Yes- but whoever comes in will need money for the business, so it ain't quite that simple.

No, I quite agree, but basically if someone meets his valuation, or an agreed valuation, then it's lock, stock and barrel. Ted is no more?

But it wouldn't have to be too much given Ted hasn't got any cash. Dependent on who has expressed an interest, someone with enough cash to sort out the latest tax bill and tide us over until we get to the new stadium, with a modicum of general business sense would be an improvement on what we currently have

There are 2 levels of investment which benefit the club to differing degrees. The first would be a low six figure sum - which would add to what we have and could result in a strengthening of the existing board with a view to handing over long term. The second would be a mid to high six figure sum, which would be sufficient to accomadate the existing arrangements with the banks and other ongoing commitments - such that a new BoD could take full control - if they wished to do so.

There maybe potential investors who would actually prefer to have Ted around, for a while at least, due to his knowledge and experience of running the club, but there may also be many who would prefer Ted to retire to the terraces. Whether any of them have sufficient, either singularly or together, to achieve either of the above is very much open to question at this time.

FWIW I consider the numbers involved to be extremely moderate for a top-division sporting organisation on the brink of moving to a new state-of-the-art home - but we are still challenged with finding someone who has even that amount of money. They have to exist in Wakey - have to!

It's hardly moderate for a business with little in the way of assets, no guaranteed imediate futureaftwr next season, no or little control over the ground situation (brink is optimistic, despite your and others hard work, even you must think brink is a bit talking it up!)
I know I'm being devils advocate, but anecdotes state, ted has a track record for saying he wants to sell and then doing what he can to put people off.
To me it's a lot for not a lot if it goes T*** up at the end of this season, at the start of thus franchise fare enough or at the begining of a succesful application this time around, but in the current surcumstances I think it's another of the anacdotes.

I didn't say that the amounts would all go to Ted himself - rather it's the amount required to finance the running of the club. If it were a couple of Coke ring-pulls and a Mars Bar - I'd be in there, but sadly it isn't!

No I know you didn't, and I know it will be x amount for ted and x amount as a going concern to keep the business running.
But for a business that makes nada, I would hope that teds bit is not going to be too off putting to anyone with a genuine interest in taking the club forward, should there be anyone of course.

oh give it a rest for god sake you are the clubs spokesman. get a grip

Well at least we have one then!

Not gonna happen - not anytime soon anyway.

There's nothing controversial in what I have said, so why do you have a problem with it? If Ted's in charge, then I guess he's the beneficiary of my efforts, if someone else is in charge, then it will be them - it's the club I'm mainly interested in.

That doesn't mean I can't have a lot of respect for what Ted has done / is doing, even now, when everything seems to be going against him - in fact his resilliance very much mirrors one of the better qualities that our club is known for!

I respect your loyalty, but anyone in the know can see how poorly our club is run. Its incestuous and if it were not for the loyal band of volunteers the club would collapse.

To be fair, the same could be said for every Rugby League club

i agree, but from a top 5 finish to 11th and unable to attract any real quality. The club has gone back years from where we were last year.

We have gone backwards since last year but i think everybody will admit that we overachieved last year and also the fact that we lost 3 of our most important players during the season must also not be overlooked. Despite all this i still think we should have done better this season.

As for attracting no real quality as of yet, this is the problem with the franchise system, there is so much uncertainty over not just wakey but the future of several clubs meaning nobody knows what will happen when july comes around. At leats with promotion and relagation, players knew that if they came to Wakey and played well and were successful then they would be playing in Super League the year after, now they could come to Wakey play their hearts out finish in the playoffs and still not be in Super league the year after. This means that players we may have been in the market for will choose safer options and sign for other clubs. So in a word i can uderstand why we are having problems signing players.

while i agree
with you about franchise its not effecting cas salford or bradford, word is out about coaching staff and its a huge reson we cant attract players but the club and jk would like you to believe its franchise.

And the word is?

Whenever i'm at a low ebb with the club and they are doing my head in all i have to do is come on here and read yours and others like you's posts and it makes it all better. It's almost like which road do you take, do you walk with the planks or back the club. Where's my credit card (just in case we go tits up) i'm buying a season ticket