FORUMS > Wakefield Trinity > Shares for sale in Trinity? |
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| Quote: chissitt "Not sure if anything's changed Timmy, but one of them not sure which one said the club would not be against some sort of co-operative from fans if they wanted a collective group to invest.'"
I can’t imagine there’d be a problem with a group of fans putting £50 each x 10 people chipping in together and nominating one or two people to be available for shareholders meetings etc.
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| Quote: JINJER "I can’t imagine there’d be a problem with a group of fans putting £50 each x 10 people chipping in together and nominating one or two people to be available for shareholders meetings etc.'"
Me neither. I might be seeing JM today, yes I'm that important, I will ask, it's something I'd certainly never thought of, he may have. The only issue I can see is the logistics of it, but all can be overcome.
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| Quote: vastman "Me neither. I might be seeing JM today, yes I'm that important, I will ask, it's something I'd certainly never thought of, he may have. The only issue I can see is the logistics of it, but all can be overcome.'"
What sort of logistics Vasty? It could even be arranged behind closed doors and no one would be any wiser.
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| Quote: JINJER "What sort of logistics Vasty? It could even be arranged behind closed doors and no one would be any wiser.
I would think only the name on the share certificate would receive the benefits so like the lottery syndicates you will need an agreement signed by each so no confusion.
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| I agree Scarlet.
Effectively you'd be giving money to have one person represent you.
And just to be clear, you are doing that with people you don't know on here.
If people want to get together and do it privately then why not. It's not a club decision as they will get one person's details.
But I'm not doing it.
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| Quote: vastman "If say all 10 of you wanted to attend the AGM, then logistically that's not possible, ditto 10 lots of incentives, come on Jinjer
Which is what I suggested….
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| Quote: JINJER "Which is what I suggested….
I know, i'm, just clarifying, give me a break man
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| Ok, Dunkirk and others, hopefully the on-line will be up and running today.
I'll post a link when I get the nod. It is fully secure.
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| Quote: vastman "If say all 10 of you wanted to attend the AGM, then logistically that's not possible, ditto 10 lots of incentives, come on Jinjer
Surely, the benefits could be changed each season or draw lots for who attends ?
The named shareholder couldn't be easily changed but, lets face it, in the grand scheme of things, the shares are a "gift" to the club.
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| Quote: wrencat1873 "Surely, the benefits could be changed each season or draw lots for who attends ?
The named shareholder couldn't be easily changed but, lets face it, in the grand scheme of things, the shares are a "gift" to the club.'"
Not sure I'm with you.
The roll of honour is a one name only, and the hospitality as far as I know is twice for just one person. The events could be shared.
However much everyones money is welcome we can't dilute the Members Share too much, at the end of the day you are paying for the right to be a non voting shareholder. So there has to be an element of exclusivity, if nothing else it's not fair on those stumping up the full amount. It's not trying to be elitist but this is not a begging bowl request, there are some serious benefits, notably the AGM where you can question the BOD as deeply as you wish, you are an actual minor shareholder. So there has to be a line drawn.
I've past it on to JM as I have little to do with how it functions tbh and he said he'd have a think. But for now, it's very much a single shareholding, but how you fund that is up to you.
I'm trying hard here to help so please don't think I'm being dismissive. Too many £500 is out of the question and I get that I really do.
However there are plenty of alternatives if you do want to help but can't afford that amount, Squadbuilder, 1873 lottery and even Trinity TV, it all goes in the same pot and is just as gratefully received.
Finally we won't sell all the share in one go, so this will run, possibly for years, so the chance will always be there in the future, minus the signing of the steelwork for obvious reasons.
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| Quote: vastman "Not ready yet, but be available shortly.
Unfortunately there is so much going on at the club at present it’s hard for people like me and JM to connect as much as we’d like.
For various reasons we had to get this scheme running quicker than normal (for positive reasons) so bear with us.
The next project is totally mine so I’ll be able to control that.'"
Good work big boy. Sounds like lots of positive stuff happening behind closed doors. How it should be.
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| This is really about the bigger investors, I imagine. The smaller investors give money that will be gratefully received, and to be on a roll of honour would be fun, but this is really about attracting bigger interest for the Grade A status.
We are on the cusp of either something momentous for the club, a rebuilt ground and guaranteed non-relegation, or a real missed opportunity.
As a club, we had nothing to offer to those big money types who like throwing money at a sporting club. Bad facilities and endless scraps at the bottom. Get Grade A and suddenly we are a different proposition. A hundred £500 investors won't get us Grade A. Ten £50,000 investors might.
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| Quote: Slugger McBatt "This is really about the bigger investors, I imagine. The smaller investors give money that will be gratefully received, and to be on a roll of honour would be fun, but this is really about attracting bigger interest for the Grade A status.
We are on the cusp of either something momentous for the club, a rebuilt ground and guaranteed non-relegation, or a real missed opportunity.
As a club, we had nothing to offer to those big money types who like throwing money at a sporting club. Bad facilities and endless scraps at the bottom. Get Grade A and suddenly we are a different proposition. A hundred £500 investors won't get us Grade A. Ten £50,000 investors might.'"
Sorry Slugger, you are so far off the mark with this one.
Sure 50k investors would be lovely so you're right there, but tbh it's the lesser of the two at the moment, as in truth it's hardly likely that a 50k investor will just appear and sign up online and certainly not before the 1st of Jan, it's more of a slow burner, or to put it another way the club are alerting people to the possibility .
The members one is the key one for now, and I say that without hesitation. It's not just about the money it's about inclusion and about belonging to something special, being in a club not just watching it. The aim is to make the club as close to a members club as a Limited company can get, it's in the title of the scheme . One where the members have a say, even if they don't decide the the outcome.
The club want people to invest at every level, not just money, but the desire to push the club forward. None of the current directors believe they have all the answers, sure they will have the final say, but they will listen, three time a year as it happens.
Even if we only manage 100 x £500, it's still an extra player, or retained, or a finishing touch to some part of the ground, and in there own way they all count to grade A.
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