FORUMS > Leigh Leopards > Too many questions unanswered |
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| I really dont understand what some posters are trying to achieve by asking questions usually with some sinister insinuation attached , all that does is spread rumour , and damage the club , if you really want to see the accounts of the club , go and find Mr Thomas , or his son and ask to see them , otherwise STFU
If you are that scared of ' risking ' £ 60 to help keep your club alive that you want answers to questions like the ones being asked , you really arent a fan of Leigh Centurions
It is truly pathetic
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| Quote: MJC "I've tried to keep up with what has gone on the last couple of weeks but it seems to me that there are still a number of questions unanswered.
It's great to see people commit to helping the club - be it through LISA or the lottery etc or just getting another person to attend a game.
A number of us have called for it for a long time, but now is the time for the club to be completely open and transparent so that the fans and potenial investors know what the current situation at the club is.
I thought I'd list a few questions - people feel free to answer them or post their questions - hopefully people will answer if they genuinely know the answer or the club will respond.
There are too many rumours going round!
1. Is the club at risk of going into administration/liquidation?
2. Is the club debt free? I thought somebody said the last accounts showed a loss but mostly directors loans?
3. Would the directors want their loans back or be willing to 'rip' them up?
4. Is the problem just our cash flow? If so what is the shortfall? Think somebody mentioned £100k to end of season?
5. What are the other directors/shareholders doing? Are they willing to put money in or have they reached their limit?
6. Would the shareholders/directors be willing to allow an investor to purchase the club for a nominal fee, say £1, on the condition they put in £Xs?
7. Who are currently the directors?
8. Who owns the club?
9. Did Arthur Thomas put his money into the club as personal loans or loans from his companies?
10. Who are the shareholders?
11. Can they pay the players?
12. Can they pay the staff?
13. Has anyone/could anyone start(ed) legal action for unpaid bills?
14. How quickly do they need the money?
15. What does it cost to run the club for a season?'"
What exactly makes you think you have the right to ask these questions ?
Have you financed the club to the tune of over a million pounds in the last 5 years ?
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| I think he has the right to ask the questions,its the answers hes got no right to know, unless the individuals or the club give them out.
This is the problem with shouting for transparency all the time,we've got no right to know other peoples finances.
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| Quote: maurice "I believe AT doesn't want his loans back, he is a very honourable man imo. One of the ongoing issues with the club structure is that the burden has never been equal - hence we had AT putting virtually all the money in as others put in little or nothing yet remained 'directors'. Someone taking over Starbugs offer would have put x in that the others were not oblidged to match.
The club must go in one of two ways refn funding 1. Find another AT 2. Share the burden equally as part of the articles. I strongly believe in 2 with a fans shareholding forming part of burden sharing promoting a community club.'"
A charity it is then
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| Ok let's stop the arguing please Starbugs got a lot on his mind ATM , so let's be honest though people asking about some things are asking on the wrong place, as no one on here has the answers.
What do we all want a club to support.Simple
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| Quote: Starbug "What exactly makes you think you have the right to ask these questions ?
Have you financed the club to the tune of over a million pounds in the last 5 years ?'"
Could you stop being so acerbic? What exactly makes you think you have the right to be so rude to everyone who you don't quite see eye to eye with?
When Maurice suggested sums closer to £600 per year for three years, I felt like I'd want to know the answers to questions like these before agreeing to 'tip in' my own contribution. This seems to me to be a reasonable set of questions which, if answered might open the way to more significant contributions from other fans.
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| Quote: waterfield's finest "Could you stop being so acerbic? What exactly makes you think you have the right to be so rude to everyone who you don't quite see eye to eye with?
When Maurice suggested sums closer to £600 per year for three years, I felt like I'd want to know the answers to questions like these before agreeing to 'tip in' my own contribution. This seems to me to be a reasonable set of questions which, if answered might open the way to more significant contributions from other fans.'"
So asking on a message board for personal financial details of somebody else isn't ' Rude ' ? , but I am for suggesting they don't have the right to ask those questions ?
Fair do's we can all wait for Mr Thomas to release all the information asked for by our ' new ' friend , then in a few years time we can set up a RL club again in the conference and see how long it takes to get into the pro ranks again
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| Quote: Starbug "So asking on a message board for personal financial details of somebody else isn't ' Rude ' ? , but I am for suggesting they don't have the right to ask those questions ?
Fair do's we can all wait for Mr Thomas to release all the information asked for by our ' new ' friend , then in a few years time we can set up a RL club again in the conference and see how long it takes to get into the pro ranks again'"
Don't get involved starbug.
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| Quote: Dick Jones "Problem you are asking it on the wrong place try
01942 487887
Thanks'"
Wo wo hang on Lynda. It's highly likely I'll be the one who asnwers the phone, and I only know the answer to question 7
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| I'm sure we'd all like to know the answers to those questions too, but unless we're in a position to actually do something about 'negative' answers to them, it's not really the fans concern.
If I had a million quid to throw at LCRLC, then I'd want those questions answering before writing the cheque. As I don't, I feel it's not my place to ask, but to wait and see if the answers are forthcoming. Personally I think Starbug hit the nail on the head hereWhat exactly makes you think you have the right to ask these questions ?
Have you financed the club to the tune of over a million pounds in the last 5 years ?'"
We're all passionate about the club, but that does not give us the right to ask where the money is coming from - I'm sure that those who are paying the way will ask the questions anyway, and if they don't like the answers then they will act appropriately one way or the other.
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| Thanks to those that have taken the time to reply with a bit of info.
I've now found out the current directors and shareholders.
I note evryone else's comments - I think it pretty much answers all to say that I have the best interests of the club at heart.
Quick answers to some of the posts:
1. I'm going to contact Trevor/club
2. If Arthur Thomas put the loans in personally then fine - my worry, I've not seen or heard this, is that he may have put the loans in to the club from the company - these loans may be payable on demand/may not.
If the liquidator appointed to the comany(ies) calls in them loans then how much are they? That could potentially put the club under (insolvent)
Do I have the right to ask the question? Do I have the right of an answer? Well I wouldn't put a penny in before I knew.
3. I presume the issue is money going forward - I'd basically hate for people to put money into the club, be it £500 or £50,000, then the club go into administration/liquidation
again - i've note heard anything saying that they will etc - but from what info that has been released - it's serious
we've seen examples of many sports clubs recently having a winding up petition entered against them by hmrc - therefore i asked if any money was outstanding to them
4. If the club is in such a mess - and with the SL rules being altered - it may be best that it went into admin/liquid? This could allow any historic debts to be wiped out and for a purchaser/fans to take the club on "with the slate clean" through a new co - that could have the purchaser/fan structure
It may not be the best option - but if the lease that the club has signed with the LSV is so onerous then maybe it would be better to be able to re-negotiate?
I would be willing to put money in. I wouldn't be a 'white knight' but could contribute for the next couple of years both financially and practically.
As I said before I put money in I'd want the answer to my questions and the ones that others have posted.
Did I think I'd get all of the answers on here - no but thought it may prompt the club to release info as the club appears to have responded to ideas/suggestions on here before. Also want to raise the issues with people - not to be negative but to highlight that we, the fans, need to know what the hell is going on
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| Quote: Scooter Nik "I'm sure we'd all like to know the answers to those questions too, but unless we're in a position to actually do something about 'negative' answers to them, it's not really the fans concern.
If I had a million quid to throw at LCRLC, then I'd want those questions answering before writing the cheque. As I don't, I feel it's not my place to ask, but to wait and see if the answers are forthcoming. Personally I think Starbug hit the nail on the head here
The person posting the questions knows that as well Nik , so the only reason for asking is to attempt to put doubt in other peoples minds , those that might be considering helping the club by joining LISA , as you suggest , any serious investors will ask those questions , and as long as they can prove they are able to back up their interest , I'm sure they will get the answers they seek
Posts like that are blatant attempts to sabotage genuine plans to help the club
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| MJC... the question remains unanswered that if you like the answers, are you going to invest a huge amount of money in the club? If so, then I hope you get answers you like.
If not, then it's not really your concern is it?
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| Quote: Starbug "The person posting the questions knows that as well Nik , so the only reason for asking is to attempt to put doubt in other peoples minds , those that might be considering helping the club by joining LISA , as you suggest , any serious investors will ask those questions , and as long as they can prove they are able to back up their interest , I'm sure they will get the answers they seek
Posts like that are blatant attempts to sabotage genuine plans to help the club'"
Surely you're not suggesting s/he could be a troll?
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