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| That can't be true surely?!
Even Rodders wouldn't do that - mind he has "saved the club" on numerous occasions.
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| Quote ="Dunkirk Spirit"Reading this has made me feel sick. I’ve always stood by MC and JM, built this is true regarding the new stand, then I feel that I’ve been made a fool of. I’ve recently bought into the share scheme believing I was helping to finance the future of the club, this apparently underhanded business of the new stand is bordering on skulduggery, and if it turns out to be true, then I really will be re considering my loyalty to this club/management. I’m paying into the commit 6, and at this moment I’m convinced I should end my payments. Any money I pay regarding Trinity, I want it to go to Trinity, not some faceless Stadium Management set up. If the current management does not come clean on this issue in the very near future, then I will not be investing any more monies into the club, Gutted'"
Just hold that thought though Dunk.
I share your feelings but it just doesn't add up. Even if they wanted to rip off the club, they couldn't do it this way.
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| Quote ="PopTart"Just hold that thought though Dunk.
I share your feelings but it just doesn't add up. Even if they wanted to rip off the club, they couldn't do it this way.'"
No I don’t think they could either.
The new stand surely belongs to the club not a couple of individuals?
All speculation so far from somebody who knows somebody….
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| Valuable assets are often separated from main company for protection purposes - no reason to have different owners though and if MC is stepping down absolutely no reason he would require ownership over the stadium. Hope it gets sorted and truth comes out soon enough
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Club Coach | 3728 | No Team Selected |
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| Quote ="Scarlet Pimpernell"This is easily rectified, the current incumbents could just deny the story.'"
That seems like the most obvious solution.
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| What amazes me is, all these people who are on facebook, twitter, on here seemingly 24/7, when do they actually do any work?! I get on here on my breaks and at lunchtime, and occasionally on a weekend.......haven't people got anything better to do than live on social media???! Truly a lot of sad individuals who possibly need something else in their lives.......
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| Some people are passionate about their club Moggy - shouldn't be criticised
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| Quote ="RWB"Some people are passionate about their club Moggy - shouldn't be criticised'"
We are a passionate lot, and this is potentially a very important thread to do with the short and long term future of the club.
For the record, I'm currently on my break.
I'll be honest, I usually leave myself logged in, via my phone. I know, I shouldn't
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| As regards people on this site I reckon quite a few are retired and have lots of spare time.Also if I forget to log off,(often),it appears that I'm on,when I'm not.
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| Quote ="Wildmoggy"What amazes me is, all these people who are on facebook, twitter, on here seemingly 24/7, when do they actually do any work?! I get on here on my breaks and at lunchtime, and occasionally on a weekend.......haven't people got anything better to do than live on social media???! Truly a lot of sad individuals who possibly need something else in their lives.......'"
Maybe you just don't understand how they do it.
But as long as your life is fulfilled with your off line activities, why do you care?
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| A quick search on companies house shows that currently MC & JM are directors in one registered company only and that is "Spirit of 1873 LTD" no other company, so if there is a so called management company looking after the stand, its either listed as a charity or neither of these 2 guys are on the BOD of it.
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| Quote ="financialtimes"A quick search on companies house shows that currently MC & JM are directors in one registered company only and that is "Spirit of 1873 LTD" no other company, so if there is a so called management company looking after the stand, its either listed as a charity or neither of these 2 guys are on the BOD of it.
'" this is correct BUT the trustees of 1873 are, yes you guessed it jm and mc. This apparently was done to stop anyone doing what manny did to the club, however when and if the new owner buys the club as trustees they can charge a rent for which they are asking 200 grand a year to use the stand, add to that 200 grand a year repayment to the council, the directors loans which they are realy in no position to take and I'm also led to believe we took a massive covid loan which mc said we didn't. If the new owner pulls this deal then jm and mc are left to pay the bills and as I look at the current situation we're skint.
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| Quote ="MOPSEY LIVES ON"this is correct BUT the trustees of 1873 are, yes you guessed it jm and mc. This apparently was done to stop anyone doing what manny did to the club, however when and if the new owner buys the club as trustees they can charge a rent for which they are asking 200 grand a year to use the stand, add to that 200 grand a year repayment to the council, the directors loans which they are realy in no position to take and I'm also led to believe we took a massive covid loan which mc said we didn't. If the new owner pulls this deal then jm and mc are left to pay the bills and as I look at the current situation we're skint.'"
There are 4 trustees.
And they do not personally receive money if they charge the club rent.
There have been other trustees who resigned when they gave up their shares in WT.
I have no idea of the details, but it still sounds like someone causing mischief by twisting some pretty standard facts.
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| Quote ="MOPSEY LIVES ON"this is correct BUT the trustees of 1873 are, yes you guessed it jm and mc. This apparently was done to stop anyone doing what manny did to the club, however when and if the new owner buys the club as trustees they can charge a rent for which they are asking 200 grand a year to use the stand, add to that 200 grand a year repayment to the council, the directors loans which they are realy in no position to take and I'm also led to believe we took a massive covid loan which mc said we didn't. If the new owner pulls this deal then jm and mc are left to pay the bills and as I look at the current situation we're skint.'"
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.
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| Quote ="PopTart"There are 4 trustees.
And they do not personally receive money if they charge the club rent.
There have been other trustees who resigned when they gave up their shares in WT.
I have no idea of the details, but it still sounds like someone causing mischief by twisting some pretty standard facts.'" I'm telling you the truth if you do not believe thats your choice, I can't make you believe me but get ready if this deal.goes under cause things could get a whole lot worse
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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.
'" I'm not making up anything FT
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| Quote ="MOPSEY LIVES ON"I'm telling you the truth if you do not believe thats your choice, I can't make you believe me but get ready if this deal.goes under cause things could get a whole lot worse'"
I hope you come back to explain if things don't turn out as you say.
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| Quote ="PopTart"I hope you come back to explain if things don't turn out as you say.'" if they drop their stupid demands then there will be nothing to explain, your distrust of anything said about the club is mnd boggling sometimes pt, I'm just trying to explain things and that by being trustees of 1873 they have some hold. Anyway I hope this turns out for the best the fans have had enough heartache over the years
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| Quote ="MOPSEY LIVES ON"if they drop their stupid demands then there will be nothing to explain, your distrust of anything said about the club is mnd boggling sometimes pt, I'm just trying to explain things and that by being trustees of 1873 they have some hold. Anyway I hope this turns out for the best the fans have had enough heartache over the years'"
Not at all. I distrust something that doesn't make logical sense.
You haven't explained how Carter is making money out of the supposed rent.
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| Cater announced during the sky game Wakey v Hull that a new investor would be announced the week after, and he could take the club forward.
Having made that announcements surly the best thing to do now would be to give an update..
It would appear a problems hit the deal.
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| Quote ="financialtimes"A quick search on companies house shows that currently MC & JM are directors in one registered company only and that is "Spirit of 1873 LTD" no other company, so if there is a so called management company looking after the stand, its either listed as a charity or neither of these 2 guys are on the BOD of it.
'"
That’s comforting to know!
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| Quote ="PopTart"Maybe you just don't understand how they do it.
But as long as your life is fulfilled with your off line activities, why do you care?'"
Quite right, that's me put in my place by the morality police! Well, a few weeks ago I wondered why we had signed Hewitt for 2 weeks, and you replied with.....he's been signed in order to not play Proctor injured. After thinking long and hard just how to reply to that, I just didn't bother. So as the seeker of truth and justice on here, could you tell me please which member of the coaching staff told you this? You seem very quick to take the high ground with anyone who 'makes things up.' Maybe i'm just p****d off with everything right now at the club, we can't get the stand finished without the politics that go with it, there's nothing at the club on or off the field without a seeming conspiracy, agenda, some hidden motive by someone, it's all one big mess and seriously depressing. I've been a fan for over 30 years, and yeah we've had to put up with mainly crap, but it never felt as bad as this. It's like the club is just slowly being swallowed up by some great big black hole......
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International Star | 1200 | No Team Selected |
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| Quote ="RWB"Some people are passionate about their club Moggy - shouldn't be criticised'"
Yep, you're right I shouldn't have criticised, by and large the people who come on here, are fair, decent and care about the club. It's just you wonder about some people's motives sometimes......like I've just said on another thread, it's just all very depressing at the mo, and you question yourself, or I do, why bother anymore!!
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| Quote ="Wildmoggy"Quite right, that's me put in my place by the morality police! Well, a few weeks ago I wondered why we had signed Hewitt for 2 weeks, and you replied with.....he's been signed in order to not play Proctor injured.
After thinking long and hard just how to reply to that, I just didn't bother. So as the seeker of truth and justice on here, could you tell me please which member of the coaching staff told you this? You seem very quick to take the high ground with anyone who 'makes things up.' Maybe i'm just p****d off with everything right now at the club, we can't get the stand finished without the politics that go with it, there's nothing at the club on or off the field without a seeming conspiracy, agenda, some hidden motive by someone, it's all one big mess and seriously depressing. I've been a fan for over 30 years, and yeah we've had to put up with mainly crap, but it never felt as bad as this. It's like the club is just slowly being swallowed up by some great big black hole......
'"
I'm not sure what any of that is to do with being on social media.
Anything I posted about Hewitt would have been from a quote on the media outlets. Can't remember what I said but it sounds reasonable.
The rest I get. Its a mess. It has been for a long time.
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| Quote ="altofts wildcat"A reliable source who has not let me down in the past informs me of the below, I will admit that i do not understand the why's or hows and it doesn't really make sense but here goes:
The Ellis interest is very real and and offer is a long way down the line however there are some sticking points.
The council load repayments are a lot higher than anticipated by Ellis and he struggles to see how the club would afford them in the Championship without them being paid by directors/owners. Taking on the debt isn't an issue in itself but paying for it if we go down is.
The new stand is set up to run under a separate company to the actual club, a bit like a Stadium Management Company. Carter is wanting to remain in control of this and charge to club itself rent to be able to use it. Now I always understood that the club owned the land and everything on top of the land so I am not sure how it works or even if it is true but I do trust my source.
The final sticking point is Directors Loans. The small shareholders are happy to sell without recuperating their money however Carter wants his loans paying back in full despite what he has said in the past.'"
And people think Sir Rodney Walker was the villain!
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