New statement

[smudgie]

I think we all agree DON is a clown with no idea

[AccyAggro]

Whilst this is all well and good choosin good board members i think they need to sort out this transfer embargo cause it looks like its still there, sort it out!

[ukcowboy]

Originally Posted by DAV007

This just gets worse

We have a chairman (or want to be chairman)/majority share holder with no money, no ideas but plenty of stuborness, selfishness and self-promotion.

He is hoping for a few mugs who in return for the title as company director and a nice seat on a match day, will put money into the club with no return or legal right to a return on their investment.

Where as Oneill would get a handsome return if we where to get promoted or had a big cup run, brought in loads of extra cash, for him with 51% to take home a big dividend.

This is utter madness.

The above is not my opinion, but the opinion of a guy i just meet in the street. The club are so obsessed with ontroing this messageboard, you just never know.

We must have been talking to the same chap! Only when I met Him, he said the current situation reminded him of O'Neils attitude to the SOS appeal last year, inso much that he STILL wants other people to to put money into the club (and experience) but remains in the position of NOT being financially predesposed to doing the same! Basically, once again getting someone else to bail him out and buy his business for him.

I, of course, politley explained that the Don would NEVER stoop to that level again...................would HE?

[Pendle Red]

Impasse

[cashman]

Doubt if its the same chap U.K. quite a few of em about, i met a couple.

[ukcowboy]

Originally Posted by Pendle Red

Impasse

Google Page Ranking, you are probably right to post the above remark, but Im sure that you and many others remember the first public meeting the DON called, when He asked 'us' to 'trust him'...............well we tried that and look what happened!!

Mate, I have the utmost respect for you and therefore your views........which are way more positive than mine..............but lets be honest here, would you buy a used car from the DON?...........

[Pendle Red]

Originally Posted by ukcowboy

Google Page Ranking, you are probably right to post the above remark, but Im sure that you and many others remember the first public meeting the DON called, when He asked 'us' to 'trust him'...............well we tried that and look what happened!!

Mate, I have the utmost respect for you and therefore your views........which are way more positive than mine..............but lets be honest here, would you buy a used car from the DON?...........

The situation has become an Impasse in that some of the issues that were there nearly twelve months ago still remain.

I am not going to go too heavy

I know what I want to see which is the Club go forward as one but for that to happen people have to look at how to rebuild the bridges, trust & respect have to be earned.


Then come up with a clear & concise direction with a genuine blueprint/footprint whatever but something that gives the Club a way to move forward Rapido.

Thers is so much that can be achieved with this Club & the wonderful people who are connected with it the whole situation just frustrates me

[cashman]

sure we all want that mate, more than anything, what really dismays me, is i don't honestly think those two are capable/competant enough to get there.

[Chewbacca]

The club has reached its full potential being mid-table in Division 2.

Investing money to get promoted is unsustainable as the crowds won't be attracted.

The big challenge is staying up every year, hopefully with the books balanced.

There should have been a share issue last year rather than becoming a charity.

[Stephen666]

He doesn't own 51% EW owns 51%

Sorry for being pedantic but.....
Here goes:
DON does not own any shares.

There are 2000 ordinary group A shares

EW owns 993 - 49.65%
The rest of the shares are owned by 18 other individuals ( I have chosen not to name them) spilt into number of shares as follows:

382
60
50
50
50
39
38
30
30
30
25
25
25
25
25
25
25
73

There are 9800 ordinary group B shares
EW owns 5291 - 53.98%
The rest of the shares are owned a too large amount of individulas for me to list.

[cashman]

can i ask stephen, the ordinary group B shares, which i assume are those folk paid £250 for, but are not yet registered, would those be in yer figure of 9800?

[Stephen666]

Originally Posted by cashman

can i ask stephen, the ordinary group B shares, which i assume are those folk paid £250 for, but are not yet registered, would those be in yer figure of 9800?

Yes, group B shares are the ones as part of the recent pacakages available. . . . Although other group B shares existed before the SOS package.
Not too sure why you say ' not yet registered ' ?

[cashman]

Originally Posted by JEFF

Incidentally the £250 shares that were sold still haven't been registered.

Originally Posted by Stephen666

Yes, group B shares are the ones as part of the recent pacakages available. . . . Although other group B shares existed before the SOS package.
Not too sure why you say ' not yet registered ' ?

is the above not the case?

[Stephen666]

Now I see,
I don't know if this is true or not, sorry.

[cashman]

Originally Posted by Stephen666

Now I see,
I don't know if this is true or not, sorry.

no worrys stephen, having known the guy a lifetime, i take it as true.