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Post by DazaB on Sept 9, 2008 17:18:23 GMT
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wh
Youth Teamer
Posts: 44
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Post by wh on Sept 10, 2008 7:40:49 GMT
I have a very uneasy feeling about the AGM I am very concerned about the "very complex" AGM. notice from DB.
DB hides behind such words when buying time.
This is a genuine question to which I have no idea of the answer, If wcfc went bump who would get the proceeds from the land sale after the creditors had been paid up?
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Deleted
Deleted Member
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Post by Deleted on Sept 10, 2008 7:51:51 GMT
I have a very uneasy feeling about the AGM I am very concerned about the "very complex" AGM. notice from DB. DB hides behind such words when buying time. This is a genuine question to which I have no idea of the answer, If wcfc went bump who would get the proceeds from the land sale after the creditors had been paid up? If WCFC went bump, firstly all the creditors would be paid, then the administrators, and whatever is left should be distributed to company owners, the shareholders. Now consider this, imagine there was a dramatic change to the constitution which allowed certain people to purchase large quantities of shares very quickly - they could make a killing on the ground move. Now that would make for a "complex" AGM!! |
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Post by dave on Sept 10, 2008 7:57:10 GMT
I have no faith in anything Dave Boddy says anymore and here are just a few reasons why not...
1) Shareholders were promised a vote on the sale of SGL - PROMISE BROKEN
2) Shareholders were promised full financial details of the sale of SGL at the shareholders meeting in May - PROMISE BROKEN
3) A planning application was to be made by the end of July - DEADLINE MISSED
4) The accounts were due at Companies House on 31 March 2008 - DEADLINE MISSED
5) An AGM was promised for September - DEADLINE MISSED
All we ever get these days is broken promises and missed deadlines. More and more of the same old "jam tomorrow" crap that they have been feeding all supporters and shareholders for the last 6 years or more.
I am sorry if this is an uncomfortable truth Mr Boddy, and by all means have Mr Hallmark look very closely at this posting, but the shocking thing is that everything I have typed within it is TRUE.
The time has come to do the decent thing and step down before the Club disappears forever.
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Post by gobby cow on Sept 10, 2008 8:49:52 GMT
Well my prediction of the agm in december is still on, the agm will be called at the most awkward time so as few "trouble makers" as possible will be able to attend.
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Post by gobby cow on Sept 10, 2008 8:52:10 GMT
I have a very uneasy feeling about the AGM I am very concerned about the "very complex" AGM. notice from DB. DB hides behind such words when buying time. This is a genuine question to which I have no idea of the answer, If wcfc went bump who would get the proceeds from the land sale after the creditors had been paid up? If WCFC went bump, firstly all the creditors would be paid, then the administrators, and whatever is left should be distributed to company owners, the shareholders. Now consider this, imagine there was a dramatic change to the constitution which allowed certain people to purchase large quantities of shares very quickly - they could make a killing on the ground move. Now that would make for a "complex" AGM!! Brooksider, you are not the only one to think that is what they are up to. Self interest is the name of the game here, not the club, not the team. |
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Post by gobby cow on Sept 10, 2008 8:56:56 GMT
If there is any money left it is shared out amongst the shareholders.
So if after the sale the club has say £1m left (after the sale of the ground and paying off the debts) and the share holding is capped at say 300,000 and they are all paid up, that is £3.33 per share back. If all those shares are not fully paid up the return is more per share.
As it is likely to be more than that us shareholders are in for a windfall!
I would rather have the club than the money thanks
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elgol
Youth Teamer
Posts: 1
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Post by elgol on Sept 10, 2008 10:03:45 GMT
I've been lurking for a while, but the current situation has "inspired" me to post. The following lyrics, from a song by the New Christy Minstrels which those aged 40+ may recall, seem to be very appropriate at present with regard to Mr Boddy & Co:
Three wheels on my wagon,
And I’m still rolling along
The Cherokees are chasing me
Arrows fly, right on by
But I’m singing a happy song
I’m singing a higgity, haggity, hoggety, high
Pioneers, they never say die
A mile up the road there’s a hidden cave
And we can watch those Cherokees
Go galloping by
SPOKEN: “George, they’re catching up to us!”
“Get back in the wagon woman!”
Two wheels on my wagon,
And I’m still rolling along
Them Cherokees are after me
Flaming spears, burn my ears
But I’m singing a happy song
I’m singing a higgity, haggity hoggety, high
Pioneers, they never say die
Half a mile up the road there’s a hidden cave
And we can watch those Cherokees
Go galloping by
SPOKEN: “Duh, Paw? Are you sure this is the right road?”
“Will you hush up? You and your maps!”
One wheel on my wagon,
And I’m still rolling along
Them Cherokees after me
I’m all in flames, at the reins
But I’m singing a happy song
I’m singing a higgity, haggity hoggety, high
Pioneers, they never say die
Right around that turn there’s a hidden cave
And we can watch those Cherokees
Go galloping by
SPOKEN: “George? Should I get the bag of beads and trinkets?”
“Woman, I know what I’m doing!”
No wheels on my wagon,
So I’m not rolling along
The Cherokees captured me
They look mad, things look bad
But I’m singing a happy song
SPOKEN: “C’mon all you Cherokees sing along with me!”
Higgity, haggity hoggety, high
Pioneers, they never say die…...
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Post by ac on Sept 10, 2008 10:14:37 GMT
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Post by Mark on Sept 10, 2008 11:48:11 GMT
Well my prediction of the agm in december is still on, the agm will be called at the most awkward time so as few "trouble makers" as possible will be able to attend. I'll tell you something for nothing Alison - the antics going on at The Lane are winding me up so much, nothing will keep me away from the AGM no matter when or where they call it. I'm sure lots of others who might not have otherwise attended will now be extra keen to do so. |
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noel14
Reserve Teamer
Posts: 71
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Post by noel14 on Sept 10, 2008 12:57:03 GMT
What I do not understand is why the AGM needs someone with experience of chairing AGMs when it should be done by the Chairman!!!
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Sept 10, 2008 13:13:31 GMT
What I do not understand is why the AGM needs someone with experience of chairing AGMs when it should be done by the Chairman!!! Maybe someones pulling his strings from above, this seems to have the hallmark of someones elses decisions, surely the Chairman, having chaired the AGM's during the last few years of complex negotiations relating to ground sales, and joint ventures with St. Modwen, can handle a few additional applications for Directors!!!! |
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wh
Youth Teamer
Posts: 44
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Post by wh on Sept 10, 2008 13:29:06 GMT
Does our constitution allow for an intendant specialist to chairman the AGM?
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Post by tim on Sept 10, 2008 13:31:43 GMT
Almost certainly not. Another equally valid question though is "is the board now quorate with only four members?" Can they even hold an AGM or does it have to go straight to EGM?
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Post by gobby cow on Sept 10, 2008 14:55:32 GMT
Well my prediction of the agm in december is still on, the agm will be called at the most awkward time so as few "trouble makers" as possible will be able to attend. I'll tell you something for nothing Alison - the antics going on at The Lane are winding me up so much, nothing will keep me away from the AGM no matter when or where they call it. I'm sure lots of others who might not have otherwise attended will now be extra keen to do so. Somehow I think it is going to be a packed house. They had better put the price of beer up that night!!! |
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Post by richwidd on Sept 10, 2008 15:18:43 GMT
What year?
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Post by ctod1959 on Sept 10, 2008 15:51:28 GMT
I have it on good authority that the Board has been delaying the AGM until after the 'Big Bang' experiments in Switzerland are concluded; hoping that the old ground, the Social Club, Nunnery Way, SHAG, the accounts (for this year and last), Uncle Tom Cobbley and all are sucked into a black hole never to be seen again!
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Post by suv on Sept 10, 2008 19:19:53 GMT
Almost certainly not. Another equally valid question though is "is the board now quorate with only four members?" Can they even hold an AGM or does it have to go straight to EGM? Good point this. From my experience with the recent Trust Election there were very definate numbers for the Trust Board, (4 Elected & 3 Co-Opted) as a minimum requirement in the Constitution. I don't know the "Current Boards" constitution but with only 4 Directors "still standing" they must be close to minimum numbers or even below the required number. Anyone know? |
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BDS
Squad Member
Posts: 201
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Post by BDS on Sept 10, 2008 20:01:40 GMT
Well my prediction of the agm in december is still on, the agm will be called at the most awkward time so as few "trouble makers" as possible will be able to attend. Really. You are an old cynic - see "sound of silence" thread!!  |
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BDS
Squad Member
Posts: 201
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Post by BDS on Sept 10, 2008 20:04:15 GMT
I've been lurking for a while, but the current situation has "inspired" me to post. The following lyrics, from a song by the New Christy Minstrels which those aged 40+ may recall, seem to be very appropriate at present with regard to Mr Boddy & Co: Three wheels on my wagon, And I’m still rolling along The Cherokees are chasing me Arrows fly, right on by But I’m singing a happy song I’m singing a higgity, haggity, hoggety, high Pioneers, they never say die A mile up the road there’s a hidden cave And we can watch those Cherokees Go galloping by SPOKEN: “George, they’re catching up to us!” “Get back in the wagon woman!” Two wheels on my wagon, And I’m still rolling along Them Cherokees are after me Flaming spears, burn my ears But I’m singing a happy song I’m singing a higgity, haggity hoggety, high Pioneers, they never say die Half a mile up the road there’s a hidden cave And we can watch those Cherokees Go galloping by SPOKEN: “Duh, Paw? Are you sure this is the right road?” “Will you hush up? You and your maps!” One wheel on my wagon, And I’m still rolling along Them Cherokees after me I’m all in flames, at the reins But I’m singing a happy song I’m singing a higgity, haggity hoggety, high Pioneers, they never say die Right around that turn there’s a hidden cave And we can watch those Cherokees Go galloping by SPOKEN: “George? Should I get the bag of beads and trinkets?” “Woman, I know what I’m doing!” No wheels on my wagon, So I’m not rolling along The Cherokees captured me They look mad, things look bad But I’m singing a happy song SPOKEN: “C’mon all you Cherokees sing along with me!” Higgity, haggity hoggety, high Pioneers, they never say die…... Should that be dragon not wagon? |
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Post by wakefield on Sept 10, 2008 21:51:49 GMT
Almost certainly not. Another equally valid question though is "is the board now quorate with only four members?" Can they even hold an AGM or does it have to go straight to EGM? A very salient point and has anyone seen the constitution? A year ago I bought shares in the club. Expecting a copy of the 'rules' or constitution - nothing!! This whole farce really should be investigated. Someone call the cops!! I know its a small backwater club - but I have always suspected that what is occuring is a (poor) gameplan for a few to walk away trousering a lot of money (and I'm not thinking only of the current Board). I've seen similar events in other businesses. It is simply looking like fraudulent activity |
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BDS
Squad Member
Posts: 201
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Post by BDS on Sept 10, 2008 22:15:08 GMT
You do know your A from your E then! ;-)
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Post by tim on Sept 10, 2008 23:49:42 GMT
I fear it will be IOUs that come out of all this, not As and Es  |
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Sept 11, 2008 8:05:01 GMT
The board have stopped attempts at egms using legal technicalities - but now there seems to be two ways to turn the table on them. Firstly as, TJ points out, "is the board now quorate with only four members?" and secondly is it legal for an outside "expert" to chair the agm? How do we find out?
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Post by gobby cow on Sept 11, 2008 8:20:47 GMT
You could call David Hallmark, I hear he is a whizz at this kind of thing
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Post by birdfeeder on Sept 11, 2008 11:06:05 GMT
The board have stopped attempts at egms using legal technicalities - but now there seems to be two ways to turn the table on them. Firstly as, TJ points out, "is the board now quorate with only four members?" and secondly is it legal for an outside "expert" to chair the agm? How do we find out? Yes to the first they can work with two and no to the second it as got be a director if not a share holder. |
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Post by gobby cow on Sept 14, 2008 8:44:13 GMT
Last week the AGM was delayed by the 2008 accounts, this week it is because of a announcement on the new ground apparently telling us what we want to hear. The truth???
I thought I would help DB out with some more excuses
1. Laurie Brown is in Cyprus
2. 2009 Accounts not ready yet
3. The anti social club is booked up with functions
4. Floods - in the ladies loo!
5. Laurie Brown in Cyprus
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BDS
Squad Member
Posts: 201
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Post by BDS on Sept 14, 2008 10:00:30 GMT
Last week the AGM was delayed by the 2008 accounts, this week it is because of a announcement on the new ground apparently telling us what we want to hear. The truth??? I thought I would help DB out with some more excuses 1. Laurie Brown is in Cyprus 2. 2009 Accounts not ready yet 3. The anti social club is booked up with functions 4. Floods - in the ladies loo! 5. Laurie Brown in Cyprus Is Brown in Northern Cyprus? Is he visiting Asil Nadir? (btw what a great name for what he did) I think we should be told! |
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