Quote:
Originally Posted by Doug
Statement of Purpose
To coordinate effort - Avoiding duplication.
To Inform – Avoiding mistrust and false information.
To Advance the Accrington Stanley Brand – Not alienate it.
It’s our Choice; if we don’t pull together some groups might possibly become barrier to progress or just disappear altogether from lack of support.
|
Exactly what ASSF was trying to push before the SOS kicked in.
Mr O'Neil and whoever he chose to bring (the board were invited but only an odd one or two came), were invited to one of our earlier meetings. The upshot of this meeting was that the club were informed
a) that we would not be pursuing our aim of a share issue (this was before the deadline was issued)
b) that we would be seeking to work with the club wherever possible and would help them to promote their various fundraisers - specifically to avoid duplication but secondly to provide more foot soldiers
Numerous ideas were tossed around for the club to think about and come back to us with.
we then had another meeting a couple of weeks later at which the two commercial lads attended. The only idea that was pursued was that we would knock on more doors with the Gold Bond leaflet.
Shortly after this the SOS kicked in an hostilities seemed to have prevailed.
The aim of the ASSF was clear - to put into action a way of filling ASFC coffers with as much money as possible, and without any individuals profiting from such a move.
The club would nominally be valued at a million pounds.
£100k already exists in shares so in effect those shares would be reduced in share value by a factor of 10. This would take The Don (or Eric) to 5.1% instead of 51%. Not surprisingly he wasn't happy about this. But we, as fans aren't concerned with whether one man is happy at a financial deal, we are concerned about what is best for Accrington Stanley.
£900K worth of shares would then be available for all and sundry to buy, with a stipulation that one man could not own more than x% of the total shares. This would avoid the kind of dictatorial attitude that held us back onder Eric, or presently under The Don (depending on your point of view).
ASSF would seek to buy as large a percentage as was allowed. This would ensure that the fans always held as big a share of the club as anyone else. We would then always know the state of the club and its finances and issues like this wouldn't sneak up on us.
It would not be surprising that all the shares are not bought, but that wouldn't be a problem. They would always be there and available should anyone want or need to inject some cash into the club. The OSC could periodically put money into this idea, as could the Ultras, as could HBC or the local scout group - IN FACT EVERYBODY.
This was the best way forward for the club two months ago and it still is now. If all the shares were sold the club would be completely free of debt. The chairman, as elected by the Shareholders or board, could still be O'Neil and could still continue with what plans they have kept closely guarded for the last few weeks.
If the Chairman turned out to be a complete dogs dick he would not be re-elected to the position next year. If the board turned out to be people who would rather the club go under than deal with its fans then they too would find themselves scrap heaped.
Could anyone please tell me why this is not the best way forward for the club?