I think he is already the Chairman at Dewsbury - certainly a director there!

I thought Mr Woodhead had a fall out a few seasons ago

Was that after he and Mr. Topliss had their failed bid for the club?

Not sure on the reason TBH

Different Woodhead (that's Melvin in properties) This is Mark who is in insurence (WTJ) and yes I believe he went over to Dewsbury after a difference with Wakey!

Let me guess he told Ted not to spend any money until he had done some checks on Pearman and Ted ignored him?

I have only just read the official statement on the club website and to say I am fuming is an understatement.
The arrogance of the BOD knows no bounds. Basically they have totally cocked everything up and then have the temerity to expect others to sort the mess out by donating (cos it ain't an investment) and asking how much the club mean to us. Well how much did it mean to them when they were running it into the ground?

The key point they miss is that the best time that new investment could have been attracted has gone, they are basically expecting it, when we have no cards left to play.

I trust that as they got us into this mess, the BOD will be donating some money out of their own pockets to the 500 grand (but without any shares going their way?)

That's a little bit 'ivory tower'. No-one who went to the shareholders meeting would agree with you because they listened, understood and appreciated the difficulties which come with trying to run the show.

And yes, the BoD did offer to stump up towards the total requirement.

I'm not suggesting that some things couldn't have been done differently, but I have no doubt that people took decisions which they genuinely thought to be right for the club at the time they were taken.

Four points TRB :

(1) It would be interesting to conduct a poll of those who attended the meeting and see if your comment is correct

(2) Assuming you are correct re the views of those who attended the meeting, do you not think it would be a good idea to tell everyone who didn't attend (including non shareholding fans) what was said, they are then more likely to get people to consider investing (sorry donating).

(3) How much are the BOD willing to donate? Shouldn't this be factored in and the number of people required to buy a grand of shares reduced? You may find some people don't bother because i) they don't know how much the BOD are donating; (ii) they believe there is no chance of reaching the target

(4) If we only need GBP 350k to fill the whole why are we asking for GBP 500k? The offer seems to be if we dont raise 500k you can have your money back

Re 2 - I beleive that will be the case shortly.

Re 3 - unsure, but I would imagine details will start to appear shortly - as people sign up.

Re 4 - that is a figure offered by the BoD and the accountant as deemed necessary achieve the aim of the campaign.

TRB, Are you going to be buying a £1000 worth of shares on this latest offering? In your opinion, how many of the existing share holders at the meeting will be contributing to the £500,000 (I understand, this will just be your opinion, but it will be useful to hear, as many of us are feeling like mugs at the minute).

Re 2 - I presume there are legal reasons why they can't say immediately? There can be no other valid reason as we are against the clock here

Re 3 - Surely better for them to announce what they are donating from the off, so people can see they are doing their bit (obviously they should clarify as well that they won't be taking the shares)

Re 4 - So even if we had the GBP 350k, they would have been asking us for GBP 150k then?

Yes - and around 30% of those present seemed to indicate that they would - but of course not all were present.

30% of how many? I know you are probably fed up of all the questions but I only have the best interests of the club at heart like you do.

around 130-150ish

How many shareholders do the club have?

That is 45 at the most then, which gets us nearly 10% there.

Dont forget the BOD's as yet unquantified donations

£1.50?

Probably and will claim GBP 3 for the costs involved in posting the cheque

Why would the BOD invest in a share issue if they are going to resign anyway?

Would starting again debt-free in the championship be such a bad thing anyway? While her intentions may have been good, our executive directors very public spat with Nigel Wood was the final nail in our coffin as he doesn't take kindly to be shown up like that. Why don't we cut our losses and reform? We've lurched from one crisis to another and the club in its current guise will never be an attractive proposition for investors. But a new club in the championship might just be. At least that way they might just be a club bearing the city name left to support because the one we have now won't see the year out.

Mate, I don't want them getting any shares, I want them to contribute to the money required as its principally their fault we are in dire straits

But if we did drop down and reform and even if we found an investor and everything was rosy the same idiots are still in charge at the RFL and quite frankly I really want nothing to do with a sport which is run by a bunch of crooks.

I usually get one for Christmas but didn't this year... Maybe someone is telling me something!

Just found another article on Wakefield's trouble's here: www.rugbyleaguetoday.co.uk/despe ... ek-500000/

Just found another article on Wakefield's trouble's here: www.rugbyleaguetoday.co.uk/despe ... ek-500000/