Why would that guarantee SL?

That'd be cheaper anyway!!!

The problem now is that I've already begun to imagine the conversation with Mrs McBatt justifying the "investment".

All of this from the tick of a politician's pen.

just one simple question from me, why do we need the 350-500k so quickly, who are we paying?

isnt that whats required for the season or the sky money, correct me if wrong but didnt we have to show we had this amount when we first came in as they didnt give us any money

Im very intrigued by this proposal and I look forward to hearing the finer detail. The nature of how the club would be constituted following the succes raising of the half million could be fascinating. FC United have a most interesting constitution run along the lines of cooperatives as indeed do Barca'. I know the circs are very different but do people feel that a club run by a supporters trust would earn more buy in by the community of Wakefield.

Depending on how its sold I think that the 500k could realistically be raised

If needs must i'll put in.

If it were to be met by 500 individuals putting in £1000 each the I agree that would be a mamoth task and almost impossible in a 4 week period.

However, I would imagine that there will be a number of individuals who might have the wherewithall to buy up a block of shares and there may be a number of people who can buy mor ethat 1.

We may not reach the target even then but consider this, if we the fans can get near to the figure required and in doing so demonstrate our commitment to the club then maybe just maybe that might give a potential new owner some confidence in our future.

So theoretically speaking if we get 500 to donate £1000 each and the board all resign. How will the new board be elected ? Via a voting system from within the 500 ? A general vote via the shareholders ? Or will it just be passed to WISCA ?

You might be right, but that was then. We can't go to the RFL or SL Europe with 650K and say "give us a franchise!" If I had 10m burning a hole in my pocket, and promised to invest it in the club, the youth set up, local clubs, etc., I reckon we might just make it. But I don't... so we're on to plan "f".

just one teensy weensy problem with your thoughs, comaparing our fan base with disgruntled man u fans and barceloanas faithful!!

I agree Mopsey, there's been mistakes, little ones and big ones. Maybe Ted held on for a little too long (or maybe a bit more than a little in some peoples eyes lol). £500k is the figure stated last night. It may all be too late we don't know but at least they are trying to do something to get us out of ths mess. One thing about Ted is he is a supporter of this club, he was once a supporter with a fair whack of money behind him, for all his faults he has kept us going over the years ((with some outside help from some anonymous people who have donated in the past and who will no doubt donate again to save the club). Some will say by keeping us going he has only delayed the inevitable and just made it slower and more painful). You could see it last night that these people (B.O.D) are genuinely bothered and they do care about the club, trouble is they are permanently in the firing line as they are the ones running it and it seems when things go wrong they go drastically wrong, we've had some fights on our hands over the years but for me this is the biggest one of them all. People may slate you Mopsey but I know you care as next as the next man about this club, you've just got a funny way of showing it!

The new board would come from the shareholders, thats all shareholders and not just the ones who put in.

ok as one who could be in line for a grands worth and as a tight swine, anyone know the answers to the following

who or what is the alleged 500k for?
is it current debt /past debt or merely to carry on the business as it stands ie pay players
should the figure be raised would all posts within the club held by bod members or their familes be effectively redundant?
and would the sale of any club assets/players be part of the same accounts as the investments made?

fc united only have 1 vote per shareholder and it makes no difference if someone puts a million in or a thousend one vote only

how many shares are there in wtrlfc currently?

There are certain positions within a SL club that must be filled by people with the relevant qualifications or experience and so there may need to be an element of recruitment by those elected to act on behalf of the shareholders.

Initially there is no reason why those currently employed could'nt stay but I imagine there are some who the shareholders would want removed and who equally would want to go.

That's pretty much what he's saying, mops

if i put money in id want the lot gone

What about the corner shop ?

Clan
apart from onfield activities, which ones if any, do you know?

see the
=#0000FFil start with a big thread most of the answers are in there

=#FF0000Good point. Topics merged. RR

You can guess at the answer, chappy. There's an opening for you (if you'll excuse the turn of phrase).

couldnt find them in there, especially whats it for, and why is it so urgent
you get those 2 answers you know if its worth it

but the shareholders are guarnteed there cash back after3 year i think it is if they want it. its not a gift then