FORUMS > Wakefield Trinity > £500k supporters trust = only 50% ownership? |
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| Sorry for my ignorance but would entering administration, as suggested by many of you, affect player registrations if/when a new company was formed ie render their contract with the currently constituted club invalid?
Either way (and I know you would be entering a buyers market) couldn't/shouldn't you be thinking about realising some of your assets by making the likes of Murphy/Obst/Ferguson/George/Morrison available for a fee while you can. I don't know how much is left on any of their contracts but if we can get over 100k for Westerman those 5 at least (and Murphy/Obst in particular)should raise a fair slice of the target sum.
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| Quote: smoking monkey "Sorry for my ignorance but would entering administration, as suggested by many of you, affect player registrations if/when a new company was formed ie render their contract with the currently constituted club invalid?
Either way (and I know you would be entering a buyers market) couldn't/shouldn't you be thinking about realising some of your assets by making the likes of Murphy/Obst/Ferguson/George/Morrison available for a fee while you can. I don't know how much is left on any of their contracts but if we can get over 100k for Westerman those 5 at least (and Murphy/Obst in particular)should raise a fair slice of the target sum.'"
Difference is that everybody knows that if they sit on their hands for a few weeks there is every chance they will get the above for nothing. Why pay for somebody in January that there's a good chance you can get in Febuary for nowt?
I know we don't have a right lot in the way of playing "assets" but those we do will be taken by the circling vultures.
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| Quote: Tommy Duckfingers "Difference is that everybody knows that if they sit on their hands for a few weeks there is every chance they will get the above for nothing. Why pay for somebody in January that there's a good chance you can get in Febuary for nowt?
I know we don't have a right lot in the way of playing "assets" but those we do will be taken by the circling vultures.'"
True. I see the dilemna presented by waiting for the appeal response to take shape.....if your'e looking good for the £500k no need to sell, but if you hang on too long before deciding a firesale is inevitable the players' value will have plummeted.
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| Quote: smoking monkey "True. I see the dilemna presented by waiting for the appeal response to take shape.....if your'e looking good for the £500k no need to sell, but if you hang on too long before deciding a firesale is inevitable the players' value will have plummeted.'"
I dont think we should sell any of the players. In my opinion there is only Murphy who will be worth any sort of decent money on the transfer market. I think we should only let players go if we cant afford to pay them.
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| Quote: altofts wildcat "I dont think we should sell any of the players. In my opinion there is only Murphy who will be worth any sort of decent money on the transfer market. I think we should only let players go if we cant afford to pay them.'"
Not that simple if they are on contract if we don't pay they can take the club on if we go into administration they they are free agents that would include the likes of Murphy
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| Quote: REDWHITEANDBLUE "Not that simple if they are on contract if we don't pay they can take the club on if we go into administration they they are free agents that would include the likes of Murphy'"
I know they would be free agents but unless we have players on the field then what is the point in fighting for the survival of the club.
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| Can i just ask how much the club got for danny brough last year? and has that money been used to help with the stadium? im just trying to understand how wakey have got into serious financial difficulty? and surely if sir rodney can pay the tax bill he must know that wakey isnt going to go under, surely?
As a rival fan, i wouldnt want to see wakey disappear, not one bit!! and i hope that it all gets resolved quickly!!
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| Quote: Giant_Amuser "Can i just ask how much the club got for danny brough last year? and has that money been used to help with the stadium? im just trying to understand how wakey have got into serious financial difficulty? and surely if sir rodney can pay the tax bill he must know that wakey isnt going to go under, surely?
As a rival fan, i wouldnt want to see wakey disappear, not one bit!! and i hope that it all gets resolved quickly!!'"
You can ask all you want, but I'm afraid you will have to get in line with the rest of us that want to know as well, I just hope patience is one of your strongpoints.
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| It seems to me that the club has been operating at a loss for a number of years (pre Ted) and the only way to survive has been to sell a player and balance the books.
Danny Brough
Jay Pitts
David Solomona
Gareth Ellis
Ben Westwood
Nathan Wood
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*
Nigel Wright
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Andy Kelly, I know this to be true FACT!
Trevor Skerrett
*
and so on......
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| Quote: The Clan "It seems to me that the club has been operating at a loss for a number of years (pre Ted) and the only way to survive has been to sell a player and balance the books.
Danny Brough
Jay Pitts
David Solomona
Gareth Ellis
Ben Westwood
Nathan Wood
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Nigel Wright
*
Andy Kelly, I know this to be true FACT!
Trevor Skerrett
*
and so on......'"
Ryan Atkins too.
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| Solo wasnt sold was he? Thought he was just out of contract
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| Quote: LG "Solo wasnt sold was he? Thought he was just out of contract'"
Sold for cash and Brett Ferres. Value circa £200k I believe.
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| Oh aye im getting mixed up. I stand corrected
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| Quote: Khlav Kalash "Sold for cash and Brett Ferres. Value circa £200k I believe.'"
And you got far and away the best of that deal, so maybe your BOD is/was not as dumb as you think?
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| Quote: Adeybull "And you got far and away the best of that deal, so maybe your BOD is/was not as dumb as you think?'"
or
looking at the way Solo has performed for Wire, Bradford just could'nt get the best out of him.
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