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Post by Noboddy aka Lord Ealing on Sept 1, 2017 15:25:35 GMT
I'm sure the board would love us to spend our time discussing trivial matters like team selection and whether one poster is saner than another, but we must keep asking pertinent questions like:
What happened to the money from the SGL sale?
When will there be an agm?
When will accounts be published?
When will shareholders hear the board's plans for a new stadium?
Are there any plans to raise capital?
etc etc
I suspect they are just leeching the remaining bank balance, but we have to keep focused on the real issues.
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Post by B*ue dragonstander on Sept 9, 2017 8:13:52 GMT
All valid and important questions. Sadly far too many of these have remained unanswered for far too long.
The other issue that may be relevant is whether there is a substantial unpaid tax liability in relation to any gain made on the sale of SGL or has this been settled? We must be close to the time where it is not possible to defer tax by reinvesting in qualifying trading assets?
Might it be that this potential liability crystallised earlier in the year and was the root cause of the shambolic state of affairs at the tail end of last season?
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dragon
First Teamer
Posts: 355
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Post by dragon on Sept 9, 2017 8:38:36 GMT
No longer worth the fretting, mate. WCFC is a dead parrot !
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Post by B*ue dragonstander on Sept 9, 2017 8:53:29 GMT
Dragon you are absolutely right. I posted a while ago that the Club as constituted and managed is irrelevant. That was not quite right. The fact that it remains in existence means that it acts as a barrier to progressing the really important matters as set out clearly by the Supporters Trust.
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dragon
First Teamer
Posts: 355
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Post by dragon on Sept 9, 2017 9:59:13 GMT
Whilst I will always respect the dedication shown by the Trust activists, that dedication was to a planning application for a venue the WCFC directors had no interest in and never actively supported It thus became a total waste of time and money. That reality should have dawned a long time ago - at least as far back as when the Club`s shareholders voted down the constitutional change proposals. When that happened it became clear the plan of Hampson and his cronies was to run the club into the ground (if they only had one !) and a Phoenix club should have become the Trust`s priority.
Already, I think it`s too late and meaningful professional football will not be returning to the Faithful City in my lifetime !
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Post by Brooksiders Return!! on Sept 9, 2017 11:29:33 GMT
Dragon. We were always aware of the Directors reluctance to back any scheme put forward by the Trust. So far they've rejected plans for a stadium for the club, plans for investment in the club, plans for change of constitution and plans for community ownership. If we waited for the club directors to get behind a plan, if we did nothing until we got their backing, to date, we'd have done nothing. And is there any point in waiting for an approval of Directors of a dead duck company? If Perdiswell finally gets planning consent following appeal, then we will have achieved a position where a Worcester City could play back in Worcester. I doubt that it would be the present Worcester City, but that would be their decision to make ( and as they have failed to make any plans or any decisions regarding their future for many years, we are hardly holding our breath) The Supporters Trust have committed to its members that we will create the environment for a premium football club to represent this city, in our city.
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Post by Noboddy aka Lord Ealing on Sept 9, 2017 12:14:52 GMT
Should planning consent be granted for a new stadium in the city, I would hope the present board would never get the option to move into it. We want shot of them once and for all. It would be like building a new house to escape an exploitative landlord, only to hand them the keys to your new home.
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dragon
First Teamer
Posts: 355
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Post by dragon on Sept 9, 2017 12:31:07 GMT
I was certainly not suggesting the Trust should wait for the WCFC directors to do anything They are dithering buffoons - all of them - and I`m being generous. The point I was making was that the trust should have abandoned their pointless obsession with Perdiswell and put their worthy efforts into developing a Phoenix club. After all the FC Manchester lads didn`t hang about waiting for United to go bust did they ?
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Post by citytoon on Sept 9, 2017 23:42:17 GMT
Will the question of whether or not the planning decision is appealed by the Supporters Trust be put to its members?
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Post by jimbo on Sept 10, 2017 11:30:46 GMT
Will the question of whether or not the planning decision is appealed by the Supporters Trust be put to its members? citytoon this is a question that does not need to be asked. TheTrust (from day 1) has clearly stated that all decisions will be put to the vote of it's membership.
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Post by richwidd on Sept 10, 2017 12:33:48 GMT
I was certainly not suggesting the Trust should wait for the WCFC directors to do anything They are dithering buffoons - all of them - and I`m being generous. The point I was making was that the trust should have abandoned their pointless obsession with Perdiswell and put their worthy efforts into developing a Phoenix club. After all the FC Manchester lads didn`t hang about waiting for United to go bust did they ? Was FC United's "obsession" with getting their ground pointless? You can call it what you like, I would call it commitment and unlike others, we don't buckle under the slightest bit of pressure.
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dragon
First Teamer
Posts: 355
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Post by dragon on Sept 10, 2017 14:06:26 GMT
I still can`t see what the Trust is hoping to achieve and the time frame in which it is operating. It`s as though Perdiswell is the beginning and end of their ambition. So what ? Planning permission is obtained and then what`s going to be done with it ? Ask the WCFC directors to find the money to build a ground ? I don`t think so somehow !
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Post by Brooksiders Return!! on Sept 10, 2017 14:45:16 GMT
I refer back to what I said earlier. Its highly unlikely that WCFC will ever even feature in the equation. The whole Business Plan for building a ground has no funding from WCFC in it at all. Our time frame has no dependency on any time frame that WCFC are working to. We have plenty of time to achieve the long term goal of a premium football team operating from a community stadium in Worcester. And if this WCFC goes out of business in the meanwhile, it makes no difference, tough s*** really. In terms of forming a Phoenix club, unfortunately, there is no appetite for the forming of a Phoenix club within the fan base. WCFC is ok, its well run and has plenty of money.....according to most fans. And the only thing that matters is "when and where's the next match?" I doubt that, until WCFC disappears, that two football clubs in Worcester could be sustained.
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Post by richwidd on Sept 10, 2017 15:38:34 GMT
I still can`t see what the Trust is hoping to achieve and the time frame in which it is operating. It`s as though Perdiswell is the beginning and end of their ambition. So what ? Planning permission is obtained and then what`s going to be done with it ? Ask the WCFC directors to find the money to build a ground ? I don`t think so somehow ! The WCFC Directors have already told you they are "in" with the City Council and will be building a ground at Parsonage Way and they don't back Perdiswell so I am not expecting anything from them,( especially if there is any work involved.) The Vice Chairman believes this will be built within two years so what difference does it make what the Trust are doing? If someone wants to form a Phoenix club and play elsewhere, we aren't stopping them or are you volunteering other people to sort it out?
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dragon
First Teamer
Posts: 355
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Post by dragon on Sept 10, 2017 17:15:15 GMT
So the Trust is irrelevant ? WCFC continues to call the shots. Well, at least you`ve cleared that up. I, for one will take no further interest .
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Post by creaner on Sept 10, 2017 17:49:18 GMT
So the Trust is irrelevant ? WCFC continues to call the shots. Well, at least you`ve cleared that up. I, for one will take no further interest . For clarification the Supporters Trust no knowledge of what the football club board is doing in terms of securing the future of the club at Parsonage Way so the Trust in that direction the participation on the trust and the members is irrelevant. We don't have a clue what's going on because only the 4 members of the club board are involved! As per the theme of this thread that should be a shareholder decision. Good luck with that. Perdiswell has been put forward as the ideal place to build a new ground to get us back to Worcester for 5 years now and we've spent nearly £50k to get us to this point, all bar one third of that which, begrudgingly came from the club, so why we not appeal the decision of the planning committee which ignored the head of plannings advice to grant permission?
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Post by creaner on Sept 10, 2017 18:02:35 GMT
If we are successful on appeal we have 7 years to get agreement on any community asset transfer of the land. Let's see what assurances we get next week on who is going to: 1 purchase or lease the land at PW 2 who is going to pay for planning application, Nunnery Way cost hundreds of thousands and over half a million to st moderns. 2 who is going to pay for new stadium 3 Colin Layland says we'll be there in two years. If anyone in that area will vote for a conservative councillor who supports that scheme faces losing their seat so do you think Mark Baylis will sanction it is dreaming 4 most importantly where has all the money gone? An estimated loss over two year of maybe half a million pounds. The money has gone. The chairman has said so publicly so where is the shareholders or fans anger there? Everything's fine because we won yesterday. Club will fold any answers to the questions on the accounts will be irrelevant as theee will be no one left to answer them.
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Post by B*ue dragonstander on Sept 10, 2017 18:47:40 GMT
Parsonage Way is a red herring that allows the Board to avoid getting behind Perdiswell. If they had to get behind Perdiswell there would only be one route by which the stadium could be funded and that is by changing the Constitution of the Limited company. Every action ..or rather inaction..of the Board over the past nine years points to the fact that this is the last thing that the Board will allow. What is there to hide? Shareholders are being treated like mushrooms.
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dragon
First Teamer
Posts: 355
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Post by dragon on Sept 10, 2017 20:36:53 GMT
Well if the Club -or what is left of it - don`t want Perdiswell and the Trust don`t want to launch a Phoenix club to play there, what is the point of blowing more money on the project.Sounds like money (£50,000 ?) down the drain to me and pots calling kettles !
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Post by Brooksiders Return!! on Sept 10, 2017 21:00:13 GMT
Sorry, but where do you get this £50,000 from?
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Post by richwidd on Sept 10, 2017 21:42:30 GMT
Well if the Club -or what is left of it - don`t want Perdiswell and the Trust don`t want to launch a Phoenix club to play there, what is the point of blowing more money on the project.Sounds like money (£50,000 ?) down the drain to me and pots calling kettles ! You have been listening to too many fairy stories.
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Post by Brooksiders Return!! on Sept 11, 2017 7:43:55 GMT
So the Trust is irrelevant ? WCFC continues to call the shots. Well, at least you`ve cleared that up. I, for one will take no further interest . The Trust is irrelevant when it comes to the matters of the football club. We are but a supporters action group, and supporters are irrelevant in the running of the business. The only people who can be relevant in the running of WCFC Ltd. are the shareholders, and I for one don't see shareholders clamoring for change. Do you? Of course, in a forward thinking football club, the supporters would be part of the decision making processes, or at least be listened to, and involved. Unfortunately at WCFC, supporters are ignored.
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dragon
First Teamer
Posts: 355
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Post by dragon on Sept 11, 2017 10:20:52 GMT
Creaner mentions £50 K having been spent so far in his post above. Have to say again that the whole business is a bugger`s muddle from which neither side emerges with honour. Anybody want to buy my shares ?
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Post by Brooksiders Return!! on Sept 11, 2017 10:37:27 GMT
The £50,000 has already been spent, most of it spent more than two years ago, when WCFC were still playing at a much higher level of football and the club was still saying that they were behind the plan, saying that they were all for changing to a community owned club, that that was the only way forward to bring in investment to keep the club viable. So its not money down the drain, its money that has already been spent as part of the process.
To be honest, I'm not interested in honour, I'm more interested in a premium football club playing in Worcester and representing our City.
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dragon
First Teamer
Posts: 355
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Post by dragon on Sept 11, 2017 10:53:44 GMT
Please replace `honour` with `plaudits` in previous post. I am sure the Trust acted with honour in all their dealings on the matter !
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Post by Brooksiders Return!! on Sept 11, 2017 12:04:54 GMT
We have always tried, but sometimes, the dirty tricks campaigns coming out of the club meant we had to resort to similar. One thing we have never done though, is deliberately deceive either our membership, or our supporters, as to our intentions. As a shareholder, I've been lied to, deceived, tricked, misled, and ignored by the club board. When you consider that Hampson continually says that he represents, and is answerable to, his shareholders....so why does not one single shareholder outside of the Boardroom know anything about this plan at Parsonage Way? Possibly the single most important piece of news affecting shareholders since the sale of SGL (which was also hidden from shareholders, but under a different regime....Hampson promised transparency! hahaha!!) , and a subject that has been under discussion for a year, and is in the public domain now, yet shareholders kept in the dark? And supporters suggest that the Trust forget its differences and work with the Board?? I mean, seriously? All that baloney about "The house divided will surely fall" , well this house has been systematically demolished by its own managers!!
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Post by Brooksiders Return!! on Sept 11, 2017 12:08:18 GMT
Anyway, apparently according to rumour and insider information (which is the best, and most accurate way to get info regarding the antics of the Board) there will be news coming out regarding Parsonage Way this week. So stand by your beds folks!!
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Post by citytoon on Sept 12, 2017 6:39:37 GMT
Will the question of whether or not the planning decision is appealed by the Supporters Trust be put to its members? The question still stands. Anyone from the ST able to answer it? A simple yes or no will do.
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Post by Brooksiders Return!! on Sept 12, 2017 9:46:24 GMT
And the answer remains what it always has been. At one of the monthly meetings of ST members, it was voted on that the ST Board is mandated to see Perdiswell through to its conclusion.
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Post by citytoon on Sept 12, 2017 10:54:35 GMT
So that's a no. Fair enough, as long as we know where we stand.
Appreciate the response.
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