FORUMS > Wakefield Trinity > Michael Carter interview/ Press conference |
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| Having had some time to reflect on recent events, I think that to a certain extent player retention and recruitment will be taken out of the clubs hands.
On our existing squad, you couldn't blame any of them (particularly those wih families) in asking the club to listen to offers now (afterall in 2 months they may have lost the opportunity to move on and may be left with no income.
On player recruitment, how can we expect any player to agree to join us when there is currently a huge question mark over the clubs predicament?
Don't want to sound unduly negative but one thing that cannot be overlooked in this debacle is the players. There just like any of us, trying to make a living and due to others incompetence they have been put at risk.
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| I bet a certain Wigan second row forward is thinking "have I done the right thing".
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| Quote: Sandal Cat "You are right of course but don't forget its not that long ago Leeds were in trouble and bailed out by Paul Caddick.
I understand that there are only 2 Super League Clubs that "make money" and I guess Leeds are one of them and maybe Wigan the other. Both however have the security of Sugar Daddies. I'm also led to believe that Ken Davy puts in around £2m a year into Huddersfield. Saints are heavily in debt but as the debt is in the form of Director's Loans and not a problem unless the loans are called in but that tends to be unlikely as they are fans themselves.
Clubs like us without a Sugar Daddy will always have it hard. Does anyone know any Sugar Daddies ?'"
Not personally Ian but what about more dialogue with Steve Parkin. Surely it's worth a punt?
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| Quote: Tricky2309 "Having had some time to reflect on recent events, I think that to a certain extent player retention and recruitment will be taken out of the clubs hands.
On our existing squad, you couldn't blame any of them (particularly those wih families) in asking the club to listen to offers now (afterall in 2 months they may have lost the opportunity to move on and may be left with no income.
On player recruitment, how can we expect any player to agree to join us when there is currently a huge question mark over the clubs predicament?
Don't want to sound unduly negative but one thing that cannot be overlooked in this debacle is the players. There just like any of us, trying to make a living and due to others incompetence they have been put at risk.'"
Absolutely right. If my company was on the edge, I'd look elsewhere.
I love doing what I do and I really enjoy where I work.....but I love my family more and they would always be first priority. No different for the players.
I hope we can give them some assurance soon.
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Quote: PHe "If MC buys the shares that AG currently holds then money isn't being put into WT. It just means that MC will have less money to 'invest' in the club. The better route would be for MC, if he wished to benefit the club, is to buy additional shares, increasing his shareholding and therefore his 'say' in the club - but this would be dependant upon other shareholders 'allowing' this. Another problem of buying up the shares of AG, is the amount of money loaned by WY Windows. If AG was no longer a shareholder then this debt would then have to be protected, as AG has stated that this debt would not be called in, but what if he was no longer a shareholder?'"
To do this would need there to be unallocated shares available, which would be unusual for a private company. The company could choose to issue more shares, but the existing shareholders would see their existing number of shares increased to make sure their existing stake isn't diluted. The net effect of this is that AG would still own the same percentage of the shares before any transaction with MC.
The likelihood is that the "deal" will see the shares transferred for a relatively nominal sum and some structuring around repayments of the loan(s) from AG and/or WYW.
Video of the questions from the BBC in the press conference on the link below.
www.bbc.co.uk/sport/0/rugby-league/23946220
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Quote: PHe "If MC buys the shares that AG currently holds then money isn't being put into WT. It just means that MC will have less money to 'invest' in the club. The better route would be for MC, if he wished to benefit the club, is to buy additional shares, increasing his shareholding and therefore his 'say' in the club - but this would be dependant upon other shareholders 'allowing' this. Another problem of buying up the shares of AG, is the amount of money loaned by WY Windows. If AG was no longer a shareholder then this debt would then have to be protected, as AG has stated that this debt would not be called in, but what if he was no longer a shareholder?'"
To do this would need there to be unallocated shares available, which would be unusual for a private company. The company could choose to issue more shares, but the existing shareholders would see their existing number of shares increased to make sure their existing stake isn't diluted. The net effect of this is that AG would still own the same percentage of the shares before any transaction with MC.
The likelihood is that the "deal" will see the shares transferred for a relatively nominal sum and some structuring around repayments of the loan(s) from AG and/or WYW.
Video of the questions from the BBC in the press conference on the link below.
www.bbc.co.uk/sport/0/rugby-league/23946220
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| Quote: Trinity 61 "Not personally Ian but what about more dialogue with Steve Parkin. Surely it's worth a punt?
I think that ship may have sailed and I'm sure that if there was any interest from him we'd know about it. As you are probably aware one of our Directors manages Guisley FC so will know him very well.
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| Maybe Mr Kittrick should have another try- nothing to lose
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| It was refreshing to see someone at a club being so forthright & open about where it is at.
If the £400k is raised, let's hope it just doesn't disappear into a black hole with the club going bust anyway.
Wakey have made great strides forward & are on the cusp of making another big step with the new ground.
Good luck to them.
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| Quote: El Rey "Maybe now you'll realise just how much of a mess AG and JE have created.
We will have to sell more players to survive.
The statement by our owner was like jsckanory returning.'"
When El Rey says this ...I am worried. Life is odd. I love Trinity and we are in the crap again. My other life is going great but this saddens me and drags me down. WHY WHY WHY do we attract the wrong people over and over again? I just knew this was wrong. Lots of little things looking not right from the word go. Hee we go again
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| Quote: charlie63wildcat "When El Rey says this ...I am worried. Life is odd. I love Trinity and we are in the crap again. My other life is going great but this saddens me and drags me down. WHY WHY WHY do we attract the wrong people over and over again? I just knew this was wrong. Lots of little things looking not right from the word go. Hee we go again
The part about selling more players is more of a threat really, if the fans don't back the club and if the club can't atrract some investment then it will become a fact of life.
Lets hope for the best charlie.
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| Quote: El Rey "The part about selling more players is more of a threat really, if the fans don't back the club and if the club can't atrract some investment then it will become a fact of life.
Lets hope for the best charlie.'"
Yes it is more than an idle threat. Please everyone get your season tickets, get your mates to get one, bring friends to the game Sunday, go to the shop and buy one item however small. Yes its happening again , yes we are not happy , yes we may have had enough BUT are we going to give up NO !!!
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| Al, when you say "The statement by our owner was like jsckanory returning" are you referring to the "all is well" statement from Glover the other week, or the "we are in the e" statement from Carter on Saturday?
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| Quote: Tommy Duckfingers "Al, when you say "The statement by our owner was like jsckanory returning" are you referring to the "all is well" statement from Glover the other week, or the "we are in the poop" statement from Carter on Saturday?'"
Think he means AG statement as he is still technically the owner
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| Quote: Tommy Duckfingers "Al, when you say "The statement by our owner was like jsckanory returning" are you referring to the "all is well" statement from Glover the other week, or the "we are in the poop" statement from Carter on Saturday?'"
Wouldn't say he said all is well but yes that fairytale Tommy.
A insult to the fans of this great club imo.
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| Quote: El Rey "Wouldn't say he said all is well but yes that fairytale Tommy.
A insult to the fans of this great club imo.'"
OK, thought so. In your considered opinion then, is there worse still to come out in the wash?
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