FORUMS > Leigh Leopards > Title change more tact needed, well done TC and Lisa |
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| I've not been very well recently and I am a little impatient at the moment and easily upset so please understand I was not having at go at the Touchdowb club, again Ill say it it was the circumstances.
In future all contributions, I will ask the committee to agree with me and we will only do it by way of a on the pitch presentation. I believe Halifax do this .
As I don't like being in the paper etc or the publicity I will elect LISA members in the turn to do the honours.
Truthfully now I think Trevor just didn't think before he let this happen.
So Ill just make sure I't doesn't happen again.
If you notice I said many times and offered as many times to for us to work with the touch down cub, asked them to run joint dos etc but they prefer to do there thing and that's ok.
I can see no point in this anymore most passionate members l
Of LISA know what we do and have done for many many years as the lottery dept do too, everyone who helps the club just deserves equal reconigation that's all
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| Quote: Chancellor Palpatine "Quote: Chancellor Palpatine "Capitalise the loans to shares and open them up to fans- simples'"
I wish I had a £1 every time you mentioned that statement on this forum!
Would it actually make any difference if this happened. The current shareholders would still have control which would stop anyone taking over unless they sold their shares. The capitalisation of the loans would give them more shares so if the fans bought some shares they would have no say. The current shareholders would still peobably own over 90% of the company. If someone wanted to take over they would still have exactly the same issue as they have now regarding take over price ( if it is an issue - my view is that no one is interested in owning the club)
However, if someone was serious about taking over I'm sure the current shareholders would sell their shares. Capitalisation of loans to share would make no difference as the amount the shareholders have invested and may want returned should a take over happen.
The shares could still be opened to fans without capitalisation.'"
The accounts look much better if these were capitalised, and it would mean new money in doesn't cover existing loans/pg's. If fans could buy shares or get bought them as presents etc the existing shareholding would get diluted unless the incumbants also bought more.
As the shares have no value why would someone pay for existing shares?
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| Quote: maurice "The accounts look much better if these were capitalised, and it would mean new money in doesn't cover existing loans/pg's. If fans could buy shares or get bought them as presents etc the existing shareholding would get diluted unless the incumbants also bought more.
As the shares have no value why would someone pay for existing shares?'"
There are lots of ways to achieve this Mo. the only thing it needs is a desire to make it happen.
When Arthur left I offered my services (extremely valuable haha) but it wasn't taken up so I've not been able to see what the score is but I do believe that the Current BoD have the clubs interest at heart and are striving to make us a great club.
I have no desire to be involved in the management of the club as it is incredibly thankless so I will continue to do what I can from a distance.
Let's all do what we can!
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| Simple answer is we need more fans
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| Quote: Dick Jones "I've not been very well recently and I am a little impatient at the moment and easily upset so please understand I was not having at go at the Touchdowb club, again Ill say it it was the circumstances.
In future all contributions, I will ask the committee to agree with me and we will only do it by way of a on the pitch presentation. I believe Halifax do this .
As I don't like being in the paper etc or the publicity I will elect LISA members in the turn to do the honours.
Truthfully now I think Trevor just didn't think before he let this happen.
So Ill just make sure I't doesn't happen again.
If you notice I said many times and offered as many times to for us to work with the touch down cub, asked them to run joint dos etc but they prefer to do there thing and that's ok.
I can see no point in this anymore most passionate members l
Of LISA know what we do and have done for many many years as the lottery dept do too, everyone who helps the club just deserves equal reconigation that's all'"
The Halifax Supporters Trust do indeed hand our cheques over at half time on the pitch , it was part of the agreement with the Club Directors 2/3 yrs ago and very much welcomed by them . We do a good deal of raising funds and collecting around the ground so The Trust and the Clubs Directors think it`s only right the fans feel their efforts are recognised in full public view..That doesn`t mean anyone else`s efforts are not also highly thought of and they quite rightly do what they wish to do but the way we do it works very well for us.,
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| Quote: maurice "The accounts look much better if these were capitalised, and it would mean new money in doesn't cover existing loans/pg's. If fans could buy shares or get bought them as presents etc the existing shareholding would get diluted unless the incumbants also bought more.
As the shares have no value why would someone pay for existing shares?'"
Agreed re accounts however do they really matter? I don't think the banks would lend to leigh rugby club based on accounts. It would be based on shareholders / owners pg's & other business interests. So the accounts is no excuse for new investors not to take over the club.
Totally agree with fans able to buy shares. As you mentioned fans could get them for birthdays & Christmas etc - a great idea. However they shouldn't get disallusioned that the fans would control the club if loans were capitalised.
Again agreed regarding the value of shares = £0.00
To summarise both our points (correct me if I'm wrong) -
1. we need new investment in the club, but It doesn't matter whether loans are capitalised or not really
2. It's a good idea for fans to be able to buy shares in the club, but the current directors would still be in charge due to their investment (shares & capitalised loans ) to date.
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| IMO only , It's a storm in a tea cup .
But I have to agree with my owd buddy Linda , handing over the cheque in front of the die hards who follow this forum upstairs at a L.I.S.A meeting is alright but I think a H/T presentation to Trevor or a player on the LSV turf by a few members would give a bit of pride and prestige to them and possibly encourage the owd fogeys sat in the west stand who have no internet access and the non-attendees who see it in the paper to join and existing members to do more knowing that they'll get some official recognition for the hard graft they do .
My opinion only , Keep up the good work Linda we on here know how much work you put in , and just maybe the club may have learnt a lesson from this unintentional snub ,
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| Quote: Chancellor Palpatine "
Agreed re accounts however do they really matter? I don't think the banks would lend to leigh rugby club based on accounts. It would be based on shareholders / owners pg's & other business interests. So the accounts is no excuse for new investors not to take over the club.
Totally agree with fans able to buy shares. As you mentioned fans could get them for birthdays & Christmas etc - a great idea. However they shouldn't get disallusioned that the fans would control the club if loans were capitalised.
Again agreed regarding the value of shares
Toady is the expert in such matters, capitalisation, but I think we all agree refn investment but I do have a fear that any initial investment would be used to pay off overdraft PG's and I do believe that IF you want to be a Director of a sports club you must contribute financially every year to balance the books, money you don't get back. If this happened you are correct the current shareholders would still have control - AT is still the majority shareholder I believe - but that could change with investment.
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| Any cheques handed over to the club from either organisation should be done Pre Match or at Half time.
Gives it a higher profile / exposure and ensures the crowd have a chance to thank those who have raised money (for whatever it is), its basic public relations in maximising positives.
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| In these desperate times wouldn't it be better to make the monthly payments direct to the club rather than to LISA? It would be better for cash flow rather than the club having to wait for another cheque, for a significant amount, to be presented.
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| I don't like the sounds of that reffy. I 'll keep my payment to LISA.
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| Giving to Lisa means it guarantees playing for a couple of players contracts leaving the club less to find and unlike the touchdown club that have overheads like meals, season tickets to take out . Lisa give 100% of money paid in to the club.
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| The Watcher agrees 100% with Dick Jones & also feels that those having a dig at her are completely out of order & should apologise without delay. Linda does a fantastic job for LISA & therefore the club. The Watcher feels that perhaps there is a hidden agenda with Lindas knockers.
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| If you mean me then please feel free to PM me with your concerns and we can talk about it properly.
I can assure you 100% there is no issue or agenda from us whatsoever and you won't ever find the TDC being critical of LISA, the lottery, or anyone else who does their best for the club.
How can anyone do that when they raise tens of thousands for the club?? Without LISA over the years the club would probably not be here.
For the record, the TDC generates an average of just short of £180 profit per member per year. That's after everything is paid out and is enough to cover the playing contracts of 3 first team players.
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