FORUMS > Wakefield Trinity > Takeover updates |
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| Quote: PopTart "Here we go.
So...if it does go through, are the rumours down to one vindictive person spreading stupid lies again? Asking for a friend.
I did wonder what your FB buddy would do with himself when Carter steps back but he's already started on Minards.
How long before it's Ellis?'" don't patronise me, your very selective who you think is telling lies and if it doesn't fit in with your thoughts and point of view they are a blatant liar. I don't know jm and I thank him for his work at our time of need but now he needs to grow a pair, stand up straight and walk away with his head held high and be remembered for the things he's done. This takeover is needed, change is needed and a clean sweep of the club is needed.
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| From the companies house document it confirms 4 people have Owner Shares , John Allot , Michael Carter, Roger Lambert ( no longer a director according to Companies House ) and John Minards.
I presume that Owner Shares come with voting rights. Then there is listed the people who recently very generously purchased Member Shares, I presume these shares do not have voting rights. At the bottom of the list of people who own member shares is shows Frank Carter who with amazing generosity purchased 300,000 member shares, top man. It does not indicate when these were purchased, it is again a presumption that they were purchased at roughly the same time as the several other people bought mainly 500 or 1000 member shares each. Not including Frank Carter the total Member shares sold was 49,500.
So trying to get to grips with all the informed gossip it would seem that to take control of the club a potential buyer would need the 4 people who have the Owner shares to agree to sell them, it can of course be at a nominal figure as I presume that they have no value, especially as Sports Clubs tend to have considerable debt. So unless there is something in the constitution that says that if a majority of Owner shares vote to sell then a sale goes through. I suppose it could be anyone of the Owner Shareholders who believes its not a good idea to sell to any particular buyer.
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| Quote: bellycouldtackle "From the companies house document it confirms 4 people have Owner Shares , John Allot , Michael Carter, Roger Lambert ( no longer a director according to Companies House ) and John Minards.
I presume that Owner Shares come with voting rights. Then there is listed the people who recently very generously purchased Member Shares, I presume these shares do not have voting rights. At the bottom of the list of people who own member shares is shows Frank Carter who with amazing generosity purchased 300,000 member shares, top man. It does not indicate when these were purchased, it is again a presumption that they were purchased at roughly the same time as the several other people bought mainly 500 or 1000 member shares each. Not including Frank Carter the total Member shares sold was 49,500.
So trying to get to grips with all the informed gossip it would seem that to take control of the club a potential buyer would need the 4 people who have the Owner shares to agree to sell them, it can of course be at a nominal figure as I presume that they have no value, especially as Sports Clubs tend to have considerable debt. So unless there is something in the constitution that says that if a majority of Owner shares vote to sell then a sale goes through. I suppose it could be anyone of the Owner Shareholders who believes its not a good idea to sell to any particular buyer.'"
You are making the assumption that the 'gossip' is true.
I know which side of the fence I sit and it aint with the gossipmongers.
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| By the way I agree with Mopsey in that if I were a director and Owner share holder I would be purchasing a red carpet, prostrating myself and my fellow Owner share holders in from of Matt Ellis , showering him with rose petals, welcoming him with a fanfare of musicians and simply asking please Sir how can we help your wish is our command
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Quote: wakeytrin "Where are these listed?'"
Click onto link
Click on Filings tab
Click top row 27 Jul 2023 Second filing of Confirmation Statement dated 31 March 2023 click view PDF
14 pages
Share holder information starts page 8
https://find-and-update.company-informa ... ng-history
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Quote: wakeytrin "Where are these listed?'"
Click onto link
Click on Filings tab
Click top row 27 Jul 2023 Second filing of Confirmation Statement dated 31 March 2023 click view PDF
14 pages
Share holder information starts page 8
https://find-and-update.company-informa ... ng-history
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| Quote: MOPSEY LIVES ON "don't patronise me, your very selective who you think is telling lies and if it doesn't fit in with your thoughts and point of view they are a blatant liar. I don't know jm and I thank him for his work at our time of need but now he needs to grow a pair, stand up straight and walk away with his head held high and be remembered for the things he's done. This takeover is needed, change is needed and a clean sweep of the club is needed.'"
But there is no evidence of anyone 'holding up' the takeover.
The lies told about the directors last time were proved to be lies.
So forgive me for not believing this one.
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| Quote: bellycouldtackle "From the companies house document it confirms 4 people have Owner Shares , John Allot , Michael Carter, Roger Lambert ( no longer a director according to Companies House ) and John Minards.
I presume that Owner Shares come with voting rights. Then there is listed the people who recently very generously purchased Member Shares, I presume these shares do not have voting rights. At the bottom of the list of people who own member shares is shows Frank Carter who with amazing generosity purchased 300,000 member shares, top man. It does not indicate when these were purchased, it is again a presumption that they were purchased at roughly the same time as the several other people bought mainly 500 or 1000 member shares each. Not including Frank Carter the total Member shares sold was 49,500.
So trying to get to grips with all the informed gossip it would seem that to take control of the club a potential buyer would need the 4 people who have the Owner shares to agree to sell them, it can of course be at a nominal figure as I presume that they have no value, especially as Sports Clubs tend to have considerable debt. So unless there is something in the constitution that says that if a majority of Owner shares vote to sell then a sale goes through. I suppose it could be anyone of the Owner Shareholders who believes its not a good idea to sell to any particular buyer.'"
The owner shareholders have all said they are happy to transfer ownership, pending the due diligence process.
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| Quote: PopTart "The owner shareholders have all said they are happy to transfer ownership, pending the due diligence process.'"
has a letter gone out to them all asking this ?
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| Quote: Prince Buster "has a letter gone out to them all asking this ?'"
What?
They are in negotiations with the person who wants to buy.
And he said in the press they all agree to sell/transfer.
Who would be sending a letter? And why the need to challenge it?
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| Even the post on RW&B has been locked, and thar hardly ever happens, so that should show how believable it is.
We must really be doing well for people to work so hard to put the club down.
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| Quote: MOPSEY LIVES ON "don't patronise me, your very selective who you think is telling lies and if it doesn't fit in with your thoughts and point of view they are a blatant liar. I don't know jm and I thank him for his work at our time of need but now he needs to grow a pair, stand up straight and walk away with his head held high and be remembered for the things he's done. This takeover is needed, change is needed and a clean sweep of the club is needed.'"
The director shares and new stand rights were wrong, why should we believe this.
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| Quote: lifelongfan "The director shares and new stand rights were wrong, why should we believe this.'" were they realy wrong. Believe whst you want, like me, loathe me, agree or disagree with me but il stand up for my club and the fans, this deal goes under and someone Is picking this massive debt up which is left. All that as to be done is let the deal go through
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| Quote: PopTart "What?
They are in negotiations with the person who wants to buy.
And he said in the press they all agree to sell/transfer.
Who would be sending a letter? And why the need to challenge it?'"
The reason I am asking is that I can name one person on that list who has never been asked if he agrees and accepts the takeover. However if he was asked I am sure he would not mind. So it's not an entirely true statement is it.
Also those people are only member share holders, they have no legal influence and it matters not what they agree or disagree with. So it just sames a strange thing for Minards to comment on.
Anyhow, let's hope it all goes through. We need a fresh start and right now have a board who may have the clubs interest at heart but do not have the resources to push the club to the next level. Roll on Matt Ellis.
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| Quote: Prince Buster "The reason I am asking is that I can name one person on that list who has never been asked if he agrees and accepts the takeover. However if he was asked I am sure he would not mind. So it's not an entirely true statement is it.
Also those people are only member share holders, they have no legal influence and it matters not what they agree or disagree with. So it just sames a strange thing for Minards to comment on.
Anyhow, let's hope it all goes through. We need a fresh start and right now have a board who may have the clubs interest at heart but do not have the resources to push the club to the next level. Roll on Matt Ellis.'"
When you say, people on the list, you mean the owners?
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| Quote: MOPSEY LIVES ON "were they realy wrong. Believe whst you want, like me, loathe me, agree or disagree with me but il stand up for my club and the fans, this deal goes under and someone Is picking this massive debt up which is left. All that as to be done is let the deal go through'"
Yes. Because it was said they were holding things up because they wanted rent for the stand and were wanting their loans paid.
Both of which have been proved to be false.
And 'just letting the deal go through' is what got us Pearman.
Why not just let the people who know what they are doing on both sides, with lawyers and accountants, sort it out.
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