| Fans' Forum Tomorrow on 19:50 - Feb 29 with 4010 views | Mundell |
| Fans' Forum Tomorrow on 18:27 - Feb 29 by Bobbyjoe |
Ah, the nub of the gist! Isn't this the circle that cannot be squared? Are not "safeguards" precisely what are required to be removed in order to secure the "investment"? |
Not necessarily. There are two very different things at play here.
First, the unwieldy ownership structure makes it very difficult to execute a sale of the club, especially if the buyer wants every penny they commit to go into the club’s bank and not into the pockets of existing shareholders. If existing shareholders were simply asked to gift their shares to a new owner the odds are they wouldn’t agree, but that is, in effect, what’s being achieved by the issuance of nine million A shares without any preemption rights for existing shareholders. To be clear, I don’t object to this.
Second, is the question of what is being sold and whether there are any conditions or restrictions built into the sale. There are examples of clubs being sold without ownership of their stadium, for example, and others where the seller secured on obligation on the buyer to consult and/or require approval before taking certain actions. The long-term benefit of selling the operating company only, for example, or of retaining a ‘golden share’, are obvious. Whether a deal along these lines might have been achievable I don’t know, but my sense is the board didn’t try.
The corporate strategy seems to have gone from one extreme to the other and the curious resolution on the audit seems to symbolise that.
Just my perspective. |  | |  |
| Fans' Forum Tomorrow on 20:14 - Feb 29 with 3869 views | DaleiLama |
To think I once thought BJ wasn't the right man for the job
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| Fans' Forum Tomorrow on 20:19 - Feb 29 with 3812 views | Shun |
Really bold of Jim to confirm there was a culture in the dressing room last season that he wasn’t comfortable with, and how much he’s done to change that. |  | | |
| Fans' Forum Tomorrow on 20:34 - Feb 29 with 3719 views | Shun |
Who’s this last commenter to Jim? He’s using the phrase ‘stealing a living’ a lot re players from last season. Think I’ve seen that a few times on here! | | | |
| Fans' Forum Tomorrow on 20:37 - Feb 29 with 3674 views | DaleiLama |
| Fans' Forum Tomorrow on 20:34 - Feb 29 by Shun |
Who’s this last commenter to Jim? He’s using the phrase ‘stealing a living’ a lot re players from last season. Think I’ve seen that a few times on here! |
Don't know Shun but BJ's comment was choice. A perfect response. | |
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| Fans' Forum Tomorrow on 20:40 - Feb 29 with 3626 views | rochedale |
| Fans' Forum Tomorrow on 20:14 - Feb 29 by DaleiLama |
To think I once thought BJ wasn't the right man for the job
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He was awesome then. |  |
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| Fans' Forum Tomorrow on 20:41 - Feb 29 with 3604 views | KnavesmireBob |
Our Fans Forums on Youtube are always an ace watch. Jim's an absolute diamond, I could listen to him all night. | | | |
| Fans' Forum Tomorrow on 20:51 - Feb 29 with 3463 views | DorkingDale |
| Fans' Forum Tomorrow on 20:41 - Feb 29 by KnavesmireBob |
Our Fans Forums on Youtube are always an ace watch. Jim's an absolute diamond, I could listen to him all night. |
Anybody else lost the YouTube feed? | | | |
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| Fans' Forum Tomorrow on 21:15 - Feb 29 with 3228 views | Rodingdale |
| Fans' Forum Tomorrow on 20:51 - Feb 29 by DorkingDale |
Anybody else lost the YouTube feed? |
Intermittent buffering… | | | |
| Fans' Forum Tomorrow on 21:19 - Feb 29 with 3195 views | 999Dale |
McNulty came across brilliantly.
Gauge very clear in what the vote means and his comments about his debt and not raising barriers to investment were very mature and came across well.
Who's the chap who's been grilling Murray Knight? Rude to say the least... [Post edited 29 Feb 21:23]
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| Fans' Forum Tomorrow on 21:46 - Feb 29 with 2956 views | Rodingdale |
| Fans' Forum Tomorrow on 21:19 - Feb 29 by 999Dale |
McNulty came across brilliantly.
Gauge very clear in what the vote means and his comments about his debt and not raising barriers to investment were very mature and came across well.
Who's the chap who's been grilling Murray Knight? Rude to say the least... [Post edited 29 Feb 21:23]
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Didn’t come across as rude to me. He raised a really important point, and as Murray initially got the wrong end of the stick he had to clarify and reiterate his point.
Given the other shenanigans at the trust board, it was right Murray got questioned, and he agreed on both points raised to take them away for action. [Post edited 29 Feb 21:48]
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| Fans' Forum Tomorrow on 21:53 - Feb 29 with 2902 views | Dale2017 |
| Fans' Forum Tomorrow on 21:19 - Feb 29 by 999Dale |
McNulty came across brilliantly.
Gauge very clear in what the vote means and his comments about his debt and not raising barriers to investment were very mature and came across well.
Who's the chap who's been grilling Murray Knight? Rude to say the least... [Post edited 29 Feb 21:23]
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I didn’t find him rude at all. He made a very good point which I reckon a lot of people will want to know the position regarding a vote reset and Murray didn’t grasp it at all to begin with
For what it’s worth, I think any member who’s already voted should be given the option to change their vote on the back of today’s announcement | | | |
| Fans' Forum Tomorrow on 21:58 - Feb 29 with 2832 views | D_Alien |
| Fans' Forum Tomorrow on 21:53 - Feb 29 by Dale2017 |
I didn’t find him rude at all. He made a very good point which I reckon a lot of people will want to know the position regarding a vote reset and Murray didn’t grasp it at all to begin with
For what it’s worth, I think any member who’s already voted should be given the option to change their vote on the back of today’s announcement |
Repeat to yourselves* ad nauseam...
Don't vote too early
Don't vote too early
Don't vote too early
Water will flow under the bridge...
*don't mean you, D2017 |  |
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| Fans' Forum Tomorrow on 21:59 - Feb 29 with 2827 views | TalkingSutty |
| Fans' Forum Tomorrow on 21:19 - Feb 29 by 999Dale |
McNulty came across brilliantly.
Gauge very clear in what the vote means and his comments about his debt and not raising barriers to investment were very mature and came across well.
Who's the chap who's been grilling Murray Knight? Rude to say the least... [Post edited 29 Feb 21:23]
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I watched the forum on you tube, due to not being able to attend in person. I was hoping more credible investors would have also appeared on the scene to give us a choice but it appears not. I was heartened to hear that the Chairman and Directors will come to some sort of arrangement with the new investors in order to recoup some of their outlay, the Chairman was upfront about that so credit to him. It's too much money just to write off. He also made a good point about no local council would be willing to approve houses to be built and Spotland to be flattened, Steve Dale couldn't do that at Bury.
It's a leap into the unknown but the credentials of the Americans look decent so I'm now thinking that maybe this is the best chance we are going to get. McNulty was great and one fan in the room paid him a tremendous heartfelt compliment which must have touched him deeply. Maybe there is light at the end of the tunnel and we can finally all put down the tools and start to do what we haven't done for several years, stop worrying and start to enjoy supporting our fantastic football club again. As a fan base I think we are all weary with it now aren't we? [Post edited 29 Feb 22:00]
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| Fans' Forum Tomorrow on 22:08 - Feb 29 with 2715 views | 442Dale |
| Fans' Forum Tomorrow on 21:59 - Feb 29 by TalkingSutty |
I watched the forum on you tube, due to not being able to attend in person. I was hoping more credible investors would have also appeared on the scene to give us a choice but it appears not. I was heartened to hear that the Chairman and Directors will come to some sort of arrangement with the new investors in order to recoup some of their outlay, the Chairman was upfront about that so credit to him. It's too much money just to write off. He also made a good point about no local council would be willing to approve houses to be built and Spotland to be flattened, Steve Dale couldn't do that at Bury.
It's a leap into the unknown but the credentials of the Americans look decent so I'm now thinking that maybe this is the best chance we are going to get. McNulty was great and one fan in the room paid him a tremendous heartfelt compliment which must have touched him deeply. Maybe there is light at the end of the tunnel and we can finally all put down the tools and start to do what we haven't done for several years, stop worrying and start to enjoy supporting our fantastic football club again. As a fan base I think we are all weary with it now aren't we? [Post edited 29 Feb 22:00]
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Weary isn’t the word, TS. That times infinity.
Jim McNulty was interesting, informative and displayed his obvious connection and understanding of our football club. [Post edited 29 Feb 22:15]
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| Fans' Forum Tomorrow on 22:43 - Feb 29 with 2484 views | Dalenet |
| Fans' Forum Tomorrow on 20:51 - Feb 29 by DorkingDale |
Anybody else lost the YouTube feed? |
Aye - buffering a few times. Nowt you can do. There were over 400 watching it I noticed which was good to see.
I lost a couple of the questions due to buffering - did anybody ask about the pitch and the legal action around the guarantee? | | | |
| Fans' Forum Tomorrow on 22:44 - Feb 29 with 2482 views | Sandyman |
| Fans' Forum Tomorrow on 22:08 - Feb 29 by 442Dale |
Weary isn’t the word, TS. That times infinity.
Jim McNulty was interesting, informative and displayed his obvious connection and understanding of our football club. [Post edited 29 Feb 22:15]
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Didn't he just. He truly gets the fanbase.
An excellent meeting overall. A timely release of information about a potential (and welcome, looking at it) takeover, combined with some direct and honest sounding answers from the top table helped matters no end. Openness and honesty works! We don't know right now, but this could be the start of good times.
The club have seemingly played a blinder getting proper investment in after decades of nothing. Speaking to Richard Knight afterwards, it appears Simon Gauge is the man who made it happen, as well as bankrolling the club for months. Maybe history will be kinder to him than the present has been. Time will tell.
UP THE DALE |  | | |
| Fans' Forum Tomorrow on 22:59 - Feb 29 with 2366 views | DaleiLama |
| Fans' Forum Tomorrow on 22:44 - Feb 29 by Sandyman |
Didn't he just. He truly gets the fanbase.
An excellent meeting overall. A timely release of information about a potential (and welcome, looking at it) takeover, combined with some direct and honest sounding answers from the top table helped matters no end. Openness and honesty works! We don't know right now, but this could be the start of good times.
The club have seemingly played a blinder getting proper investment in after decades of nothing. Speaking to Richard Knight afterwards, it appears Simon Gauge is the man who made it happen, as well as bankrolling the club for months. Maybe history will be kinder to him than the present has been. Time will tell.
UP THE DALE |
As Jim pointed out, the players feel, see and hear everything. So does the Chairman who used to be on Twitter (nay still be) and has read some dedpicable stuff? I don't suppose he was born with a bunker mentality but when told to 'feck off out of our club' ..... He did come across as relieved but also pretty happy with bringing matters close to what appears to be a win-win-win solution. Fingers crossed it all plays out in the best way. | |
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| Fans' Forum Tomorrow on 23:06 - Feb 29 with 2289 views | EllDale |
I suppose we’ll never know who the toxic elements were in last year’s dressing room who BJ obviously disliked.
He’s obviously turned the culture round completely. | | | |
| Fans' Forum Tomorrow on 23:28 - Feb 29 with 2183 views | nordenblue |
| Fans' Forum Tomorrow on 22:44 - Feb 29 by Sandyman |
Didn't he just. He truly gets the fanbase.
An excellent meeting overall. A timely release of information about a potential (and welcome, looking at it) takeover, combined with some direct and honest sounding answers from the top table helped matters no end. Openness and honesty works! We don't know right now, but this could be the start of good times.
The club have seemingly played a blinder getting proper investment in after decades of nothing. Speaking to Richard Knight afterwards, it appears Simon Gauge is the man who made it happen, as well as bankrolling the club for months. Maybe history will be kinder to him than the present has been. Time will tell.
UP THE DALE |
I do think Gauge for his faults and granted there are a good few regarding the running of the club week to week and the lack of communication, but he really gets a unreasonably rough ride considering what he's actually done and still doing for the club. | | | |
| Fans' Forum Tomorrow on 23:30 - Feb 29 with 2166 views | nordenblue |
| Fans' Forum Tomorrow on 23:06 - Feb 29 by EllDale |
I suppose we’ll never know who the toxic elements were in last year’s dressing room who BJ obviously disliked.
He’s obviously turned the culture round completely. |
It's not too hard to work out, who's no longer here and who he was happy to ship out. | | | |
| Fans' Forum Tomorrow on 23:47 - Feb 29 with 2084 views | 49thseason |
| Fans' Forum Tomorrow on 23:28 - Feb 29 by nordenblue |
I do think Gauge for his faults and granted there are a good few regarding the running of the club week to week and the lack of communication, but he really gets a unreasonably rough ride considering what he's actually done and still doing for the club. |
I think history will be kind to Simon Gauge. I think he has done his best as has the rest of the Board, he is mellowing a little and becoming adjusted to the reality of life in Rochdale. Most people with any sort of money move out of Rochdale, its not hard to see he might have arrived here and wondered where on Earth he had landed, but slowly he seems to be adapting to his new reality and I am gratetul for his generosity. Oh, and top marks to whoever made this...
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| Fans' Forum Tomorrow on 06:51 - Mar 1 with 1718 views | frenzied |
| Fans' Forum Tomorrow on 23:47 - Feb 29 by 49thseason |
I think history will be kind to Simon Gauge. I think he has done his best as has the rest of the Board, he is mellowing a little and becoming adjusted to the reality of life in Rochdale. Most people with any sort of money move out of Rochdale, its not hard to see he might have arrived here and wondered where on Earth he had landed, but slowly he seems to be adapting to his new reality and I am gratetul for his generosity. Oh, and top marks to whoever made this...
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would look fab on a T shirt | | | |
| Fans' Forum Tomorrow on 07:55 - Mar 1 with 1546 views | TalkingSutty |
| Fans' Forum Tomorrow on 23:47 - Feb 29 by 49thseason |
I think history will be kind to Simon Gauge. I think he has done his best as has the rest of the Board, he is mellowing a little and becoming adjusted to the reality of life in Rochdale. Most people with any sort of money move out of Rochdale, its not hard to see he might have arrived here and wondered where on Earth he had landed, but slowly he seems to be adapting to his new reality and I am gratetul for his generosity. Oh, and top marks to whoever made this...
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Simon Gauge is no better than any of us, if that's what you are suggesting. He hasn't just arrived in Rochdale I don't think, somebody said he's from the Luton area..give me Rochdale any day. It seems that this was the only option open to the Chairman but I would still like it confirming from the Trust Board rep that all other options were properly explored in a effort to avoid a significant amount of fans and shareholders having to vote through the motions at the EGM. Only Gauge and those in the Boardroom will know tge answer to that. If that's the case then yes, history could be kind should this deal go through. If it doesn't I'm hoping he hasn't burned bridges with others who might have been deemed suitable. | | | |
| Fans' Forum Tomorrow on 07:56 - Mar 1 with 1536 views | Duckegg |
Nevermind on a t-shirt lets have it printed as an A3 poster and handed out at home games and one framed and given to the guys visiting on the 9th March..
Could the trust do this... |  | | |
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