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expatriate · 01-03-2010, 15:14

guys, thanks for getting this thread started. My primary interest as i said before is to try and stimulate a broad conversation that would ultimately be in the interests of the club as a whole, and which can help provide the foundations for a really good push forward in teh coming year.

Let me make a couple of obvious points to get started:

the decision on how to proceed has to be in the hands of the board and the majority shareholder. These discussions on the bulletin board are, in my view, a brilliant way to ensure that as the board and David think of the way forward they can take advantage of the inevitable creativity that exists out here.

separately I also think that as we have moved on from the confrontational days of summer, its more likely that suggestions can be taken on board without the fear of an associated agenda. there is no second guessing (or very little second guessing) when we are not trying to score points off each other !

Having made these points let me pick up on the question of the fan's share. This is aimed really at Lowey. At present the fans only have my shares, and that is not close to the 35% you mention. In order to get to that point, and in order for that point to be beneficial, the only way that can work is if there is a share issue which will see ASSF increase its ownership. the two points that therefore arise are as follows- will ASSF be in a position to subscribe to those shares (ie will they have the financial wherewithal ?). Or are you thinking of a different mechanism ? Obviously in my case I dontaed the shares to ASSF, and as we found out, even when the club's back was to the wall, no other contributions could be made by assf as a whole. I recall not even a solitary £. I am not being controversial here, just wondering how you foresee things since you were actively involved in all those conversations.

Katie I am not ignoring your comments, but I think that we need to figure out my question above (at least in principle) before we can debate the points you have made.

Doug, i suspect tht my question also lay at the heart of your comment on the other thread.

01-03-2010, 15:14	#4
expatriate Full Member Join Date: Jan 2004 Posts: 213 Liked: 31 times Rep Power: 311	Re: Ownership of the club(share issue) guys, thanks for getting this thread started. My primary interest as i said before is to try and stimulate a broad conversation that would ultimately be in the interests of the club as a whole, and which can help provide the foundations for a really good push forward in teh coming year. Let me make a couple of obvious points to get started: the decision on how to proceed has to be in the hands of the board and the majority shareholder. These discussions on the bulletin board are, in my view, a brilliant way to ensure that as the board and David think of the way forward they can take advantage of the inevitable creativity that exists out here. separately I also think that as we have moved on from the confrontational days of summer, its more likely that suggestions can be taken on board without the fear of an associated agenda. there is no second guessing (or very little second guessing) when we are not trying to score points off each other ! Having made these points let me pick up on the question of the fan's share. This is aimed really at Lowey. At present the fans only have my shares, and that is not close to the 35% you mention. In order to get to that point, and in order for that point to be beneficial, the only way that can work is if there is a share issue which will see ASSF increase its ownership. the two points that therefore arise are as follows- will ASSF be in a position to subscribe to those shares (ie will they have the financial wherewithal ?). Or are you thinking of a different mechanism ? Obviously in my case I dontaed the shares to ASSF, and as we found out, even when the club's back was to the wall, no other contributions could be made by assf as a whole. I recall not even a solitary £. I am not being controversial here, just wondering how you foresee things since you were actively involved in all those conversations. Katie I am not ignoring your comments, but I think that we need to figure out my question above (at least in principle) before we can debate the points you have made. Doug, i suspect tht my question also lay at the heart of your comment on the other thread.