If you get an answer to that question, and you're satisfied that the money would not simply be thrown away as it was at Bradford, and if Michael Carter is prepared to issue shares through the Supporters' Trust, I would join again and contribute towards them.

I've read enough on here to know that you and the others involved are very level-headed and have the interests of the club at heart. You've put your money where your mouth is in the past, so that would be good enough for me.

As a member, I wouldn't need to know every single detail of the club's predicament. The knowledge that you and the others are convinced there is a sensible and realistic way forward, where we operate within our means, is enough for me. If that seems unrealistic/unlikely to you, then we have to accept that whilst the interest in rugby league in our city is clearly there, we do not have the means, as things stand, to compete at this level, and find a level we can afford to participate at and enjoy.

I remember back in the mists of time a season ticket got you into the AGM & very interesting they were too. If my memory serves my right, we even lost money the year we last got to Wembley – I digress.

I fell for the last “share issue” which was basically a worthless piece of paper, but if a share certificate gained you entry to the AGM & was not silly money I would probably take another punt, some of them were more feisty than the actual games.

I don’t know whether there’s more chance of getting four hundred people to shell out a thousand quid or two thousand people, for instance, paying a couple of hundred, when the certificate could be consigned to a draw to sit with the last one in no time.

There would have to be some benefits, maybe ten percent discounts on future STs, otherwise the only advantage would be, helping your club in it’s hour of need (again) & watching the annual bun fight of the AGM.

I am of the same way of thinking - if Sandal Cat and TRB are satisified with the detail then I would contribute

A consortium of investors wishing to put £400k into a club would want a full due diligence by a qualified person.
Remember this is an investment of funds (whether you expect a return or not isn't the point) in a business with big problems.
You would want to know at the very least a full account of all debts and creditors including likely new creditors.
A list of all other investors and investment over the period of spirit of 1873's ownership.
A full break down of annual costs and all staffing including possible claims if any services have been dispensed with.
A projection of how the funds would be used and a viable business plan going forward taking into account these new funds and other investment.
If all these conditions were satisfied I would agree its worth progressing.
Andrew Glover paid £40k (?) (I can't remember the exact figure) and he and the other potential owner Steve Parkin both did their own due diligence for a much smaller (initial) investment.

Never play bingo but have just signed up for foxy bingo. Now contemplating upgrading season ticket to platinum

Sheffield United would be a good starting point.....

Just read, Residents for Newmarket tweet,he would be willing to buy shares and proxy them to Supporters Trust.Maybe this is the way to get round the one vote one member .

That is exactly the model we are looking into.

When we began to discuss the idea of the Trust - in the dying days of the Ted era - we had hoped to request the proxy of the then shareholders in sufficient numbers to force the clubs hand and allow a rep on the BoD. The process to set up took us past the time of that company and, in any case, we were not satisfied that we could support putting additional finds into the club at that time - hence not backing the call for 500 people to pay a £1,000.

We believe, on the basis of what we know so far, that this is a different proposition and certainly the response to the idea has been met much more warmly than we had 3 years ago.

Our ideal scenario is that a number of individuals purchase and own, in their own name, shares for which they would then proxy their votes to the Trust - who are run on a one member / one vote basis - in sufficient numbers to ensure that we demand (in the nicest possible way) a place on the board. We are also investigating 'Community Shares' and will report back on these matters shortly.

Fair play to our Loiner friend - Inflatable Armadillo - who has offered to stump up on our behalf - as if he owes us anything??

Thanks TRB, power to your elbow.