FORUMS > Bradford Bulls > Caisley |
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Best wishes.
Gill
[b:33tvqfja]For more information about the Bradford Bulls Wheelchair Rugby League team please contact - gjohnson0@hotmail.com or call 01274 587330.[/b:33tvqfja]: |
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| Quote: Roofaldo "Well, as I've said previously, I was told a story back in 2006 that Caisley knew the Harris case was unwinnable and that the club was heading to the point we are now, ie on the verge of collapse, much sooner than it's actually happened. So Caisley's plan was to let the club go into administration, and have a pre-pack deal to buy it back sans debts.
However, he seems to have been frustrated by the fact the BoD managed to make a decent fist of matters in terms of money being hemoraged out of the club, which seems to have been tantamount to bailing out the Titanic with teacups.
His calls for the current BoD to resign are most likely and attempt to be a populist following what a lot of the numpties on the T&A site post on every story.
But the fact remains, Caisley was a chief architect for our current plight and he threw us to the wolves and has now thrown a tantrum because we've not yet been eaten.'"
Totally agree, to be honest Caisley is just like many bullies I know, if they don't get what they want they throw a strop and not everything they say is fact.
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Moderator | 10969 | |
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1271.jpg Whenever you find yourself on the side of the majority, it is time to pause and reflect.
Mark Twain
Build Bridges NOT Walls:1271.jpg |
Moderator
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| There's no doubt that the club started the decline under CC's stewardship and, as such, even if he only had the one vote on the board, he is responsible for much of the predicament the club found itself in when he left.
I don't believe he is the devil incarnate though; he was misguided and some awful decisions were made under his leadership, not least the winding down of the junior set up, Harrisgate and the unsustainable spending which went on at the time. Though, and not for the first time, I'll hold my hand up and accept that I was one of those cheering from the rafters every time his unaffordable teams won a trophy.
We do have to accept where we are though, and Chris is our largest shareholder, so no matter what people's views might be he [iwill[/i be a part of the endgame in some capacity. My biggest hope is that he will have a positive role to play.
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International Star | 1795 | No Team Selected |
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Jan 2011 | 14 years | |
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54218_1349939535.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_54218.jpg |
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| fully agree Bulliac. I think Caisleys problem is that his heart rules his head when it comes to the good old days. yes he did a good job, that job was to grasp a one-off opportunity with both hands - the creation of superleague - and to get a sugar daddy - the council - to give us £4.6m to play at Odsal. and the competition were slow off the mark, I remember passing a load of Leeds fans on Rooley Lane after we had beaten them for the 4th time and saying your time will come, well it did, and how many floating fans moved with their tide of success? So the good old days will not return in the same way. Hood on the other hand has had to face two big issues: a global financial collapse and subsequent recession and Harrisgate (plus a whinging Aussie half back that f@cked up the first pledge season). If your back is to the wall you have a lot less room to move, and theres been no fat on the bulls back to absorb any unexpected problems. IMO he has done well with what he has got.
However, the ideal situation is Caisley Hood and the fans all working together.
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Club Coach | 3994 | |
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13554.jpg The phrase politically correct is in itself politcally incorrect so should be rephrased politically stupid!
If you like old type radio comedy/ dramas etc listen to //pumpkinfm.com/
Statistically speaking you have a better chance of getting dead the older you get!
Thank god only when you find a religion that passes the truth test!:13554.jpg |
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| Well Caisley pledging and paying 2 million quid would go a long way
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45_1302643626.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_45.jpg |
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| Quote: martinwildbull "However, the ideal situation is Caisley Hood...working together.'"
And then, for next week's edition of "Its dead easy once you know how", we will be bringing you "how to get matter and antimatter to co-exist without mutual annihilation?".
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| Quote: martinwildbull "
However, the ideal situation is Caisley Hood and the fans all working together.'"
I'd have thought ideal situation would be for BOTH caisley and hood to sell their shares to a third party and walk away, giving us a new majority shareholder that fans can trust. As it is think both have too much baggage to be chairman going forward.
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19767.jpg :19767.jpg |
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| Quote: mat "I'd have thought ideal situation would be for BOTH caisley and hood to sell their shares to a third party and walk away......'"
Good idea, but it doesn't seem as if there a queue of people looking to do that
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| Neither would sell to the same person. They hate each other more than they care about the club.
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| Quote: mat "I'd have thought ideal situation would be for BOTH caisley and hood to sell their shares to a third party and walk away, giving us a new majority shareholder that fans can trust. As it is think both have too much baggage to be chairman going forward.'" 100% agree with that, I'm just a bit doubtful about it happening
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8_1434361123.jpg When my club didn't exist it was still bigger than yours:d7dc4b20b2c2dd7b76ac6eac29d5604e_8.jpg |
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| If there's a next time around we should start our own fund and pay for a hit man. We could get someone killed for way less than 500k.
edit: I'm not advocating killing people here. Incapacitation would be fine.
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Club Coach | 111 | No Team Selected |
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Mar 2005 | 20 years | |
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| Here's a suggestion - don't know if it is feasible or not.
Board issue more shares and offer them to new investors - this will get much need cash into the club, reduce existing shareholders percentage (less power) and have the option to give Bullbuilder an amount of shares.
Just a thought. . . .
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45_1302643626.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_45.jpg |
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| Non-starter, unfortunately.
The Articles of Association (constitution/rules) empower the directors to issue new shares, and there seem to be no pre-emption rights in favour of existing shareholders (which is perhaps unusual).
BUT there are virtually no shares left to be issued within the £200,000 Authorised Share Capital.
And yes, the Companies Act 2006 eliminated the requirement for a company to have an Authorised Share Capital, but where a company already HAD one then that provision becomes part of the Articles of Association.
For the directors to issue new shares, they would first have to have that provision in the Articles of Association deleted or amended.
And THAT requires a Special Resolution (75% majority) passed by the shareholders.
Now can anybody start to see why we'd never get past that stage...?
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| and to summarise Aidy's post = its not possible
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| Was Caisley ousted in a boardroom coup?
The reason I ask is that I keep reading lots of references to him bailing out and leaving the club up a creek without a paddle etc but is this what actually happened?
A certain person very close to the club has told everyone in the Bradford region that CC has been waiting until the club went belly up to regain control which only adds up if he was forced out in the first place. Otherwise he'd have stayed I guess.
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32226.jpg You can lead a horse to water but you can't climb a ladder with a bell in both hands.:32226.jpg |
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| Quote: M@islebugs "Was Caisley ousted in a boardroom coup?
The reason I ask is that I keep reading lots of references to him bailing out and leaving the club up a creek without a paddle etc but is this what actually happened?
A certain person very close to the club has told everyone in the Bradford region that CC has been waiting until the club went belly up to regain control which only adds up if he was forced out in the first place. Otherwise he'd have stayed I guess.'"
Don't recall him being "ousted". From memory he stood down after the end of the 2005 season, with a few parting shots at the fans with their lack of support in numbers for the club. He said as much in one of the final accounts he was responsible for signing off as chairman.
Peter Hood took "temporary" charge stating he would look for outside investment and step aside once that arrived.
Hood then took charge officially and the rest as they say is history.
The rumour you state is a well heard one around these parts isn't it. How much truth there is in it remains to be seen....
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