| Club Statement on 12:39 - Jul 7 with 3198 views | Sandyman |
View from the rollercoaster, Wednesday afternoon.
"We are where we are" as the saying goes.
The club is rid of Bottomley - that is one of the best things we could have wished for. Worst appointment ever. The finger of shame will point to those who called themselves "custodians of the club" and sold out - A Kilpatrick, Bottomley, Rawlinson.
I trust the new directors and the Supporters Trust. They have made their initial views known promptly and it reads like the new owner / investor will make himself known once he's got the green light from the EFL.
The new owner might get fed up in 12 months and sell up to who knows who. Hopefully he will become a fan and an valuable asset. We simply do not know. Many other clubs have been taken over by new owners - some regularly, some bad, some brilliant. This is all new for us at Rochdale. Onwards to the next episode because this one is going to run and run.
Time to buckle down and prepare for next season.
As ever, Up The Dale. | | |  |
| Club Statement on 12:47 - Jul 7 with 3131 views | YouTubeDale |
The shares were obtained from existing shareholders because no new shares have been issued. But who has let them go, and why???
This club looks like it is being bought on the cheap, but IF that is to a new owner we like, then here's to a new beginning!!! | |
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| Club Statement on 12:49 - Jul 7 with 3116 views | SuddenLad |
But none of that money you mention will end up in club coffers, only in the pockets of those who have been persuaded to sell.
The Board really have no option but to engage with him/them,because as a 40% shareholder he/they carry some serious clout.
I have 100% faith in this current Chairman that he will guide the club in the right direction and that he and his many able advisers will carefully consider each move and assess everything on its' own merits.
Like may others, personally, I am asking 'Why pick Rochdale?' because we have been here a long time, so what is the trigger for the interest now?
We can only hope that the investor concerned really does have the interest of OUR club at heart and that we can all look forward to a brighter, more secure future.
If there's anything unsavoury revealed during the due diligence procedures, then we should expect that things will be halted.
We have to wait and see and trust the Board and the Trust. | |
| “It is easier to fool people, than to convince them that they have been fooled†|
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| Club Statement on 13:06 - Jul 7 with 2952 views | DaleiLama |
If Kilpatrick and the analytics folk all let their holdings go, that's 37%. No-one has (yet) said what Andrew Kelly decided. As you rightly point out though, you can't ignore a 40% shareholder who wants a say in the running of the club!
No one in their right mind would try to impugn the current board or Trust, when they have shown their true colours when it mattered by leading a valiant fight against the odious resolutions of "that" AGM/EGM. They are all in a position of having to play ball (for now) until circumstances change.
As you rightly point out, we are now faced with a waiting game. I also guess that anything the previous board decided will have to be ratified by the new board once the EFL passes the new Directors. At which point all previous bets are off. Then we can only judge on merit. Meanwhile the spotlight of scrutiny will continue to shine brightly. | |
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| Club Statement on 13:26 - Jul 7 with 2810 views | Dale_Mike |
An interesting take on the situation at Oldham. Their owner is hated by the latics fans I know, they feel the club has been run abysmally under his tenure and the only reason they can see for his continued involvement is money laundering.
Didn’t we have a Swindon fan on here recently warning if this is anything to do with the Curran who has been involved at their place then we shouldn’t believe a word they say?
I suppose we all need more information. | | | |
| Club Statement on 13:37 - Jul 7 with 2726 views | DorkingDale |
So what exactly is in it for this unknown investor then?! Sounds like he's got all the patter ATM, but give it a few months..... | | | |
| Club Statement on 13:38 - Jul 7 with 2720 views | MAK |
Might be nowt but here's a bit of info from my trip to the ticket office yesterday afternoon to buy a new season card. Whilst getting out of the car to cross the car park a black Rolls Royce Cullinan came in the main gate at a fair speed and drove to the office entrance. Usually in that situation the car would let me the pedestrian cross in front. Not in this case. This driver didn't want to know. Anyhow, this made me clock the reg of the car, a very short 4 digit reg ending in AC. The driver and his passenger both came in to the foyer and were shown upstairs for a meeting with Simon (Gauge I assume). Make of this what you will but those letters on the reg seem to tie in with the initials of a name I've seen mentioned on this forum. | | | |
| Club Statement on 13:39 - Jul 7 with 2705 views | DorkingDale |
We know that he has already got his hands on 40% of shares in the club. I find that extremely worrying. What exactly is his motive? | | | |
| Club Statement on 13:44 - Jul 7 with 2640 views | James1980 |
Do they think Rochdale AFC is potentially a sleeping giant. | |
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| Club Statement on 13:47 - Jul 7 with 2611 views | joecooke |
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| Club Statement on 13:48 - Jul 7 with 2605 views | DorkingDale |
This is an attempted hostile take over. Otherwise why have they been contacting share holders directly before meeting the board? I'm just thankful that they haven't managed to achieve a majority shareholding as yet. | | | |
| Club Statement on 13:51 - Jul 7 with 2585 views | DorkingDale |
The new board have no choice but to engage with someone who owns 40% of the club. Let's just hope he doesn't manage to get a majority shareholding. | | | |
| Club Statement on 13:52 - Jul 7 with 2581 views | 442Dale |
Comparing communications from the club to shareholders, similarly those from the Trust and the alarm of individuals on here at the end of last week/the weekend to now illustrates quite a difference. [Post edited 7 Jul 2021 13:54]
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| Club Statement on 13:52 - Jul 7 with 2582 views | pioneer |
Trust statement refers to a meeting with one of the investors. Even if they were given answers that this investor thought would please the trust/fans, there are other investors yet to shoe their cards.
But would we expect a prospective investor to say anything other than what would look good to the supporters.
Has the investor ever shown an interest in Rochdale AFC previously....has he ever been to Spotland before? does he know who our record goalscorer is? That might tell us more about his motives than mealy mouthed responses of the “ill tell you what you want to hear” type. | | | |
| Club Statement on 13:53 - Jul 7 with 2572 views | Dale_Mike |
Very worrying. If you already had 40% but needed / wanted 51% then you would definitely make sure you were making all the right noises to the current board / chairman & supporters trust.
The warning from Swindon was stark to say the least (Assuming it's the same Curran but why the secrecy?) | | | |
| Club Statement on 14:08 - Jul 7 with 2442 views | jacko_dale |
We'd have had to have been a giant in the first place, James. | | | |
| Club Statement on 14:32 - Jul 7 with 2289 views | James1980 |
How about a potential embryonic giant? | |
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| Club Statement on 14:34 - Jul 7 with 2277 views | 49thseason |
Money laundering generally involves putting dirty money in and taking clean(er) money out. If the club is running at a loss taking money out is fairly difficult I would have thought, especially when there isnt any cash floating around and there are lots of people looking over your shoulder and at the accounts. Its more likely he is hoping for Man Utd away in round 3 of the FA cup to pay back his loans. | | | |
| Club Statement on 15:26 - Jul 7 with 2006 views | Newbury_Dale |
The fact that he is friendly with Lee Power gives me all I need to make a decision on Curran. The beginning of the end for this great football club, sadly. | | | |
| Club Statement on 15:33 - Jul 7 with 1962 views | SI_Blue |
Let's hope somebody has a Sacred Heart or not! | |
| Backs Against The Wall Since 1907 |
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| Club Statement on 15:35 - Jul 7 with 1947 views | Yorkshire_Dale |
40% is a sizeable chunk though,....how the hell did he/she get hold of them, and from who? | | | |
| Club Statement on 15:43 - Jul 7 with 1892 views | Newbury_Dale |
Bottomley and the Americans. | | | |
| Club Statement (n/t) on 15:44 - Jul 7 with 1882 views | SI_Blue |
[Post edited 7 Jul 2021 15:45]
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| Backs Against The Wall Since 1907 |
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| Club Statement on 15:44 - Jul 7 with 1876 views | DorkingDale |
Kilpatrick, the Yanks, plus either Bottomley or Rawlinson would add up to approx 40% I think. On that basis, Andrew Kelly is still holding out. We just need to raise enough cash to stop that happening! | | | |
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