| World Soccer Holdings 17:06 - Feb 29 with 18976 views | AllBlueDale |
https://www.rochdaleafc.co.uk/news/2024/february/loi-statement/
Rochdale AFC is pleased to announce that World Soccer Holdings LLC have today signed a Letter of Intent to purchase Rochdale AFC.
The deal is subject to Shareholder approval of the resolutions to create shares at the EGM on the 7th March 2024.
Rochdale AFC Chairman Simon Gauge stated: "We are delighted to receive the LOI from World Soccer Holdings.
"Investment in the club is essential for our survival, and WSH tick so many of the boxes that we have been looking for in an investor.
"They have a track record in sporting investments and have a long-term sporting plan for the club and come with expertise in the field.
"We look forward to engaging with them, shareholders, local politicians, and suppliers to meet the conditions that are required to conclude the sale of the club."
World Soccer Holdings CEO Scott Dyer said: "We are really pleased to be moving forward with investment in Rochdale AFC.
"We have great respect and admiration for the history and the culture of the club, and we are grateful for the hard work and sacrifices undertaken by both the staff and board and the supporter’s trust to make this partnership possible.
"We look forward to engaging now with the Dale Trust to answer any questions that they may have regarding our investment and with local politicians to gauge the level of support we can expect to receive to support our investment in RAFC.
"We could not let 100 years of history go to waste, and we believe we can work together to elevate The Dale back to its previous heights and beyond.
"We look forward to visiting Rochdale for the game on the 9th March against Oxford City." |  | | |  |
| World Soccer Holdings on 13:09 - Mar 1 with 4978 views | EllDale |
| World Soccer Holdings on 13:01 - Mar 1 by D_Alien |
I'll allow his first talk with Big Jim to include the sign of the cross |
Yes but we’ve been vulnerable to crosses for years….. | | | |
| World Soccer Holdings on 14:57 - Mar 1 with 4674 views | YadHoDale |
Some nice churchy stuff in the thread. I can't think of any myself to add, but this article on the BBC website about a similar Football Holdings group higher up the various tables may be of interest...
https://www.bbc.co.uk/sport/football/68437892 |  | | |
| World Soccer Holdings on 15:10 - Mar 1 with 4617 views | BigKindo |
For those of us who have no need for membership of linkedin please could you advise us what was his profile. Thank you. |  | | |
| World Soccer Holdings on 15:35 - Mar 1 with 4527 views | judd |
| World Soccer Holdings on 15:10 - Mar 1 by BigKindo |
For those of us who have no need for membership of linkedin please could you advise us what was his profile. Thank you. |
ExperienceExperience
Chief Executive OfficerChief Executive Officer
World Soccer Holdings LLCWorld Soccer Holdings LLC
Apr 2021 - Present · 3 yrsApr 2021 - Present · 3 yrs
Dallas-Fort Worth MetroplexDallas-Fort Worth Metroplex
Founder/CEO of WSH, a group of global football and sports professionals and investors focused on acquisitions of and partnerships with like-minded clubs committed to elevating individuals and communities through sports.Founder/CEO of WSH, a group of global football and sports professionals and investors focused on acquisitions of and partnerships with like-minded clubs committed to elevating individuals and communities through sports.
PresidentPresident
Neltex Development · Full-timeNeltex Development · Full-time
Apr 2020 - Present · 4 yrsApr 2020 - Present · 4 yrs
Frisco, Texas, United StatesFrisco, Texas, United States
Real Estate development company specializing in stadiums and ancillary development.Real Estate development company specializing in stadiums and ancillary development.
Strategic Leadership and Vision ConsultantStrategic Leadership and Vision Consultant
Self-employedSelf-employed
Apr 2020 - Present · 4 yrsApr 2020 - Present · 4 yrs
Dallas-Fort Worth MetroplexDallas-Fort Worth Metroplex
Fresh off of an 8-month project coalescing a 15-member team to determine a new Strategic Vision as Lead Pastor of Strategy for Bent Tree Bible, a 5000-member church with a staff of 60 and a budget of $8 million/yr, I help other organizations - churches, non-profits, businesses - go through a similar dynamic process. My expertise is in helping organizations discover, define or revamp who they are and where they are headed through collaborative process. I also consult in strategic planning, worship, production of original music projects, team-building, leadership and creative process.Fresh off of an 8-month project coalescing a 15-member team to determine a new Strategic Vision as Lead Pastor of Strategy for Bent Tree Bible, a 5000-member church with a staff of 60 and a budget of $8 million/yr, I help other organizations - churches, non-profits, businesses - go through a similar dynamic process. My expertise is in helping organizations discover, define or revamp who they are and where they are headed through collaborative process. I also consult in strategic planning, worship, production of original music projects, team-building, leadership and creative process.
Bent Tree Bible Fellowship logo
Bent Tree Bible FellowshipBent Tree Bible Fellowship
16 yrs 3 mos16 yrs 3 mos
Lead Pastor of Strategy and WorshipLead Pastor of Strategy and Worship
Full-timeFull-time
Nov 2018 - Apr 2020 · 1 yr 6 mosNov 2018 - Apr 2020 · 1 yr 6 mos
Responsible for overseeing Strategic Vision Development for the church. Coalesced a 15-member team of volunteer leaders, staff and elders to set the vision for the next 5 years. Led a collaborative process which included a corporate CEO, the COO of a large non-profit, a retired partner at Accenture and many other gifted leaders, ending in April 2020. I served on a 5-member lead pastor team, sharing the overall leadership of a church of 4-5000. Responsible for overseeing Worship and Arts and Missions as well as being the primary Worship Leader at the church.Responsible for overseeing Strategic Vision Development for the church. Coalesced a 15-member team of volunteer leaders, staff and elders to set the vision for the next 5 years. Led a collaborative process which included a corporate CEO, the COO of a large non-profit, a retired partner at Accenture and many other gifted leaders, ending in April 2020. I served on a 5-member lead pastor team, sharing the overall leadership of a church of 4-5000. Responsible for overseeing Worship and Arts and Missions as well as being the primary Worship Leader at the church.
Worship and Extension Ministries PastorWorship and Extension Ministries Pastor
Feb 2004 - Nov 2018 · 14 yrs 10 mosFeb 2004 - Nov 2018 · 14 yrs 10 mos
Served on the Senior Leadership Team since 2008. Was responsible for everything outside the walls of the church-Worship at Carrollton (broadcast campus), LIvestream ministry, Missions, Communications, Pastoral Launching Pad, Bent Tree Network of pastors. Oversaw 5 departments with 9 direct reports. Also served as the primary Worship Leader for the church and the leader of the Worship and Arts department, with 200+ volunteers. Oversaw the launch and development of our Live Streaming ministry, which currently reaches over 3500 devices per week. Oversaw the building and development of a team of Worship Leaders, most of whom were homegrown, and developed New Collective, a recording project of original songs, co-written by Paul Baloche and Michael Neale, with content centering on the New Covenant gospel message. Worship and Arts at Bent Tree has long been a leader in the DFW area in the use of visual and other performing arts, highlighted by Journey to the Cross, a powerful immersive experience that allows people to step into the last hours of Jesus' life, and The Bema, a dramatic presentation with musical support focusing on living a life that matters for eternity.Served on the Senior Leadership Team since 2008. Was responsible for everything outside the walls of the church-Worship at Carrollton (broadcast campus), LIvestream ministry, Missions, Communications, Pastoral Launching Pad, Bent Tree Network of pastors. Oversaw 5 departments with 9 direct reports. Also served as the primary Worship Leader for the church and the leader of the Worship and Arts department, with 200+ volunteers. Oversaw the launch and development of our Live Streaming ministry, which currently reaches over 3500 devices per week. Oversaw the building and development of a team of Worship Leaders, most of whom were homegrown, and developed New Collective, a recording project of original songs, co-written by Paul Baloche and Michael Neale, with content centering on the New Covenant gospel message. Worship and Arts at Bent Tree has long been a leader in the DFW area in the use of visual and other performing arts, highlighted by Journey to the Cross, a powerful immersive experience that allows people to step into the last hours of Jesus' life, and The Bema, a dramatic presentation with musical support focusing on living a life that matters for eternity.
Director of Arts Movement, Strategic ConsultantDirector of Arts Movement, Strategic Consultant
Willow Creek Association · Full-timeWillow Creek Association · Full-time
1992 - 2003 · 11 yrs1992 - 2003 · 11 yrs
Served as the point person for the Creative Arts for the WCA, which included interfacing with arts leaders from 7000+ churches and product development. Produced or Executive Produced several CD's, oversaw product development for books like Rory Noland's "Heart of the Artist". Also oversaw a critical 18-month strategic project for the organization that resulted in the development of the Prevailing Church Model, which was a strategic framework for churches that is universal and timeless.Served as the point person for the Creative Arts for the WCA, which included interfacing with arts leaders from 7000+ churches and product development. Produced or Executive Produced several CD's, oversaw product development for books like Rory Noland's "Heart of the Artist". Also oversaw a critical 18-month strategic project for the organization that resulted in the development of the Prevailing Church Model, which was a strategic framework for churches that is universal and timeless. |  |
| |
| World Soccer Holdings on 15:53 - Mar 1 with 4422 views | BigKindo |
| World Soccer Holdings on 15:35 - Mar 1 by judd |
ExperienceExperience
Chief Executive OfficerChief Executive Officer
World Soccer Holdings LLCWorld Soccer Holdings LLC
Apr 2021 - Present · 3 yrsApr 2021 - Present · 3 yrs
Dallas-Fort Worth MetroplexDallas-Fort Worth Metroplex
Founder/CEO of WSH, a group of global football and sports professionals and investors focused on acquisitions of and partnerships with like-minded clubs committed to elevating individuals and communities through sports.Founder/CEO of WSH, a group of global football and sports professionals and investors focused on acquisitions of and partnerships with like-minded clubs committed to elevating individuals and communities through sports.
PresidentPresident
Neltex Development · Full-timeNeltex Development · Full-time
Apr 2020 - Present · 4 yrsApr 2020 - Present · 4 yrs
Frisco, Texas, United StatesFrisco, Texas, United States
Real Estate development company specializing in stadiums and ancillary development.Real Estate development company specializing in stadiums and ancillary development.
Strategic Leadership and Vision ConsultantStrategic Leadership and Vision Consultant
Self-employedSelf-employed
Apr 2020 - Present · 4 yrsApr 2020 - Present · 4 yrs
Dallas-Fort Worth MetroplexDallas-Fort Worth Metroplex
Fresh off of an 8-month project coalescing a 15-member team to determine a new Strategic Vision as Lead Pastor of Strategy for Bent Tree Bible, a 5000-member church with a staff of 60 and a budget of $8 million/yr, I help other organizations - churches, non-profits, businesses - go through a similar dynamic process. My expertise is in helping organizations discover, define or revamp who they are and where they are headed through collaborative process. I also consult in strategic planning, worship, production of original music projects, team-building, leadership and creative process.Fresh off of an 8-month project coalescing a 15-member team to determine a new Strategic Vision as Lead Pastor of Strategy for Bent Tree Bible, a 5000-member church with a staff of 60 and a budget of $8 million/yr, I help other organizations - churches, non-profits, businesses - go through a similar dynamic process. My expertise is in helping organizations discover, define or revamp who they are and where they are headed through collaborative process. I also consult in strategic planning, worship, production of original music projects, team-building, leadership and creative process.
Bent Tree Bible Fellowship logo
Bent Tree Bible FellowshipBent Tree Bible Fellowship
16 yrs 3 mos16 yrs 3 mos
Lead Pastor of Strategy and WorshipLead Pastor of Strategy and Worship
Full-timeFull-time
Nov 2018 - Apr 2020 · 1 yr 6 mosNov 2018 - Apr 2020 · 1 yr 6 mos
Responsible for overseeing Strategic Vision Development for the church. Coalesced a 15-member team of volunteer leaders, staff and elders to set the vision for the next 5 years. Led a collaborative process which included a corporate CEO, the COO of a large non-profit, a retired partner at Accenture and many other gifted leaders, ending in April 2020. I served on a 5-member lead pastor team, sharing the overall leadership of a church of 4-5000. Responsible for overseeing Worship and Arts and Missions as well as being the primary Worship Leader at the church.Responsible for overseeing Strategic Vision Development for the church. Coalesced a 15-member team of volunteer leaders, staff and elders to set the vision for the next 5 years. Led a collaborative process which included a corporate CEO, the COO of a large non-profit, a retired partner at Accenture and many other gifted leaders, ending in April 2020. I served on a 5-member lead pastor team, sharing the overall leadership of a church of 4-5000. Responsible for overseeing Worship and Arts and Missions as well as being the primary Worship Leader at the church.
Worship and Extension Ministries PastorWorship and Extension Ministries Pastor
Feb 2004 - Nov 2018 · 14 yrs 10 mosFeb 2004 - Nov 2018 · 14 yrs 10 mos
Served on the Senior Leadership Team since 2008. Was responsible for everything outside the walls of the church-Worship at Carrollton (broadcast campus), LIvestream ministry, Missions, Communications, Pastoral Launching Pad, Bent Tree Network of pastors. Oversaw 5 departments with 9 direct reports. Also served as the primary Worship Leader for the church and the leader of the Worship and Arts department, with 200+ volunteers. Oversaw the launch and development of our Live Streaming ministry, which currently reaches over 3500 devices per week. Oversaw the building and development of a team of Worship Leaders, most of whom were homegrown, and developed New Collective, a recording project of original songs, co-written by Paul Baloche and Michael Neale, with content centering on the New Covenant gospel message. Worship and Arts at Bent Tree has long been a leader in the DFW area in the use of visual and other performing arts, highlighted by Journey to the Cross, a powerful immersive experience that allows people to step into the last hours of Jesus' life, and The Bema, a dramatic presentation with musical support focusing on living a life that matters for eternity.Served on the Senior Leadership Team since 2008. Was responsible for everything outside the walls of the church-Worship at Carrollton (broadcast campus), LIvestream ministry, Missions, Communications, Pastoral Launching Pad, Bent Tree Network of pastors. Oversaw 5 departments with 9 direct reports. Also served as the primary Worship Leader for the church and the leader of the Worship and Arts department, with 200+ volunteers. Oversaw the launch and development of our Live Streaming ministry, which currently reaches over 3500 devices per week. Oversaw the building and development of a team of Worship Leaders, most of whom were homegrown, and developed New Collective, a recording project of original songs, co-written by Paul Baloche and Michael Neale, with content centering on the New Covenant gospel message. Worship and Arts at Bent Tree has long been a leader in the DFW area in the use of visual and other performing arts, highlighted by Journey to the Cross, a powerful immersive experience that allows people to step into the last hours of Jesus' life, and The Bema, a dramatic presentation with musical support focusing on living a life that matters for eternity.
Director of Arts Movement, Strategic ConsultantDirector of Arts Movement, Strategic Consultant
Willow Creek Association · Full-timeWillow Creek Association · Full-time
1992 - 2003 · 11 yrs1992 - 2003 · 11 yrs
Served as the point person for the Creative Arts for the WCA, which included interfacing with arts leaders from 7000+ churches and product development. Produced or Executive Produced several CD's, oversaw product development for books like Rory Noland's "Heart of the Artist". Also oversaw a critical 18-month strategic project for the organization that resulted in the development of the Prevailing Church Model, which was a strategic framework for churches that is universal and timeless.Served as the point person for the Creative Arts for the WCA, which included interfacing with arts leaders from 7000+ churches and product development. Produced or Executive Produced several CD's, oversaw product development for books like Rory Noland's "Heart of the Artist". Also oversaw a critical 18-month strategic project for the organization that resulted in the development of the Prevailing Church Model, which was a strategic framework for churches that is universal and timeless. |
Blimey! Thank you. Will I have to say grace before I have a meat and tater pie at half time? | | | |
| World Soccer Holdings on 15:56 - Mar 1 with 4410 views | Dale69er |
Excluding the stadium redevelopment, the evangelism part reminds me of the guy in charge at Burnley.
Although not looking good in the Prem, at least he backed Kompany to get them out of the Championship. Hope Scott can get us out of the National League. |  | | |
| World Soccer Holdings on 16:01 - Mar 1 with 4385 views | judd |
| World Soccer Holdings on 15:53 - Mar 1 by BigKindo |
Blimey! Thank you. Will I have to say grace before I have a meat and tater pie at half time? |
Yes, and a Hail Mary after you've tasted it and uttered your usual profanity. | |
| |
| World Soccer Holdings on 18:33 - Mar 1 with 3970 views | Rehsad |
I do find it interesting that they accepted a 24% stake in Maastricht but the inference is that they insisted on at least 90% in us. The Maastricht investment was also lower - around € 750k. Maastricht have been a financial nightmare for decades but they do appear to have have had a better couple of years on the pitch recently - which bodes well.
I'm taking the 'track record' with a pinch of salt. It's a relatively new endeavour. The outfit that CD left to form/run World Soccer Holdings has some big ideas - they are behind the proposal to build soccer stadia (well, at least one, in Fort Worth. Doesn't look like it's off the ground yet though.
There doesn't appear to be anything to be immediately worried about - which is good, but DD is about more than a Google search! | | | |
Login to get fewer ads
| World Soccer Holdings on 11:04 - Mar 3 with 3355 views | off2div1 |
Will we be streaming games to all the churches he has links with. |  | | |
| World Soccer Holdings on 21:23 - Mar 3 with 2846 views | Mundell |
| World Soccer Holdings on 18:33 - Mar 1 by Rehsad |
I do find it interesting that they accepted a 24% stake in Maastricht but the inference is that they insisted on at least 90% in us. The Maastricht investment was also lower - around € 750k. Maastricht have been a financial nightmare for decades but they do appear to have have had a better couple of years on the pitch recently - which bodes well.
I'm taking the 'track record' with a pinch of salt. It's a relatively new endeavour. The outfit that CD left to form/run World Soccer Holdings has some big ideas - they are behind the proposal to build soccer stadia (well, at least one, in Fort Worth. Doesn't look like it's off the ground yet though.
There doesn't appear to be anything to be immediately worried about - which is good, but DD is about more than a Google search! |
This is also highly significant.
“MVV reports that 735,000 euros are involved in the share transaction and that the other shares of the club, including the 'Golden share' in which core values such as the playing city and club colors are anchored, remain untouched.”
In other words, MVV’s shareholders have taken steps to protect the future of the club. It appears WSH did not object. This is exactly the sort of thing I’ve posted about. No reason Rochdale can’t do something like this which could include not moving from the Crown Oil Arena without the agreement of the holder of the Golden Share, for example. | | | |
| World Soccer Holdings on 22:00 - Mar 3 with 2757 views | Rehsad |
| World Soccer Holdings on 21:23 - Mar 3 by Mundell |
This is also highly significant.
“MVV reports that 735,000 euros are involved in the share transaction and that the other shares of the club, including the 'Golden share' in which core values such as the playing city and club colors are anchored, remain untouched.”
In other words, MVV’s shareholders have taken steps to protect the future of the club. It appears WSH did not object. This is exactly the sort of thing I’ve posted about. No reason Rochdale can’t do something like this which could include not moving from the Crown Oil Arena without the agreement of the holder of the Golden Share, for example. |
My understanding is that a 'Golden Share' is generally accepted as being Wirth 51%. It would appear that one remaining shareholder has 51% of the club. This obviously inset the case when the buyer takes a 90% share.
There are other posts asking whether the 90% holding allows the buyer to make a compulsory purchase move for the remaining 10%. Yes, under UK law this is the case. The offer must come with three months of the 90% control being gained and the price is the same as that paid for the share value of the 90% purchased. The compulsory purchase option definitely applies across share types but what I'm not 100% certain about is whether a share of nominal value 50p (our ordinary shares) can be purchased for the price of the 'A' Share nominal value (or actual purchase value) when the 'A' Share nominal value is below that of the Ordinary Share. | | | |
| World Soccer Holdings on 23:20 - Mar 3 with 2676 views | sxdale |
| World Soccer Holdings on 21:23 - Mar 3 by Mundell |
This is also highly significant.
“MVV reports that 735,000 euros are involved in the share transaction and that the other shares of the club, including the 'Golden share' in which core values such as the playing city and club colors are anchored, remain untouched.”
In other words, MVV’s shareholders have taken steps to protect the future of the club. It appears WSH did not object. This is exactly the sort of thing I’ve posted about. No reason Rochdale can’t do something like this which could include not moving from the Crown Oil Arena without the agreement of the holder of the Golden Share, for example. |
The price of football recently interviewed Rob Bradley chairman of the Red Imps Community Trust, and the fan representative on the board at Lincoln City.
They have quite a complicated set up there with holding companies, new American investors and the community trust. There is more of a shadow board set up and members have the casting vote on things such as change of kit colour, change of badge and interestingly the location of a new ground if is beyond a certain distance from the town.
There are many similarities between where they are now and where we could shortly be headed. Hopefully when the trust get the chance to meet with WSH something similar could be agreed. | | | |
| World Soccer Holdings on 09:38 - Mar 4 with 2403 views | Mundell |
| World Soccer Holdings on 23:20 - Mar 3 by sxdale |
The price of football recently interviewed Rob Bradley chairman of the Red Imps Community Trust, and the fan representative on the board at Lincoln City.
They have quite a complicated set up there with holding companies, new American investors and the community trust. There is more of a shadow board set up and members have the casting vote on things such as change of kit colour, change of badge and interestingly the location of a new ground if is beyond a certain distance from the town.
There are many similarities between where they are now and where we could shortly be headed. Hopefully when the trust get the chance to meet with WSH something similar could be agreed. |
Brentford’s Supporters Trust did something similar when they sold Brentford FC to Matthew Benham. Benham then needed their agreement before he could move the club from Griffin Park to the Gtech Community Stadium.
There is no reason Rochdale’s board can’t negotiate something similar. If WSH refused to accept this kind of arrangement (noting that it’s the structure at MVV) then that would be a red flag.
Let’s see. | | | |
| World Soccer Holdings on 10:16 - Mar 4 with 2300 views | Mundell |
| World Soccer Holdings on 22:00 - Mar 3 by Rehsad |
My understanding is that a 'Golden Share' is generally accepted as being Wirth 51%. It would appear that one remaining shareholder has 51% of the club. This obviously inset the case when the buyer takes a 90% share.
There are other posts asking whether the 90% holding allows the buyer to make a compulsory purchase move for the remaining 10%. Yes, under UK law this is the case. The offer must come with three months of the 90% control being gained and the price is the same as that paid for the share value of the 90% purchased. The compulsory purchase option definitely applies across share types but what I'm not 100% certain about is whether a share of nominal value 50p (our ordinary shares) can be purchased for the price of the 'A' Share nominal value (or actual purchase value) when the 'A' Share nominal value is below that of the Ordinary Share. |
This is a helpful link.
https://www.forsters.co.uk/news/blog/implications-of-golden-share-football
If the Board hasn’t or isn’t considering this kind of option then it would be a fundamental dereliction of duty in my view.
The fan owned model was always unrealistic, but the motivation was clear and understandable. To transition from that philosophy to an approach that fails to consider any of the available options to protect the long term future of the club from a “bad” or reckless owner would be extraordinary and hard to justify and understand.
If a buyer objects, fair enough. There’s then a choice to be made. An objection and the reasons for it would contain potentially valuable information though.
To be clear, I’ll vote my shares in favour of the resolutions because there is no choice. I hope the Board is across the issues though. We’ll see. [Post edited 4 Mar 10:28]
| | | |
| World Soccer Holdings on 10:35 - Mar 4 with 2238 views | judd |
| World Soccer Holdings on 10:16 - Mar 4 by Mundell |
This is a helpful link.
https://www.forsters.co.uk/news/blog/implications-of-golden-share-football
If the Board hasn’t or isn’t considering this kind of option then it would be a fundamental dereliction of duty in my view.
The fan owned model was always unrealistic, but the motivation was clear and understandable. To transition from that philosophy to an approach that fails to consider any of the available options to protect the long term future of the club from a “bad” or reckless owner would be extraordinary and hard to justify and understand.
If a buyer objects, fair enough. There’s then a choice to be made. An objection and the reasons for it would contain potentially valuable information though.
To be clear, I’ll vote my shares in favour of the resolutions because there is no choice. I hope the Board is across the issues though. We’ll see. [Post edited 4 Mar 10:28]
|
Excellent link. Thanks. | |
| |
| World Soccer Holdings on 10:50 - Mar 4 with 2206 views | Rehsad |
| World Soccer Holdings on 10:16 - Mar 4 by Mundell |
This is a helpful link.
https://www.forsters.co.uk/news/blog/implications-of-golden-share-football
If the Board hasn’t or isn’t considering this kind of option then it would be a fundamental dereliction of duty in my view.
The fan owned model was always unrealistic, but the motivation was clear and understandable. To transition from that philosophy to an approach that fails to consider any of the available options to protect the long term future of the club from a “bad” or reckless owner would be extraordinary and hard to justify and understand.
If a buyer objects, fair enough. There’s then a choice to be made. An objection and the reasons for it would contain potentially valuable information though.
To be clear, I’ll vote my shares in favour of the resolutions because there is no choice. I hope the Board is across the issues though. We’ll see. [Post edited 4 Mar 10:28]
|
This is very useful - thanks! I wasn't aware of the particular meaning that "Golden Share" could have when applied to Football Clubs.
Your second last sentence is where I'm at but as I still have over 24 hours in which to place my Proxy then I shall be holding tight - 24 hours could be a long time in football politics! | | | |
| World Soccer Holdings on 11:06 - Mar 4 with 2170 views | samueloneils |
For the life of me I can`t understand why any true fan would vote to shut down our club.
Is the statement that the March payroll will not be met not clear enough?
Get over it and vote for continued existence. | | | |
| World Soccer Holdings on 11:34 - Mar 4 with 2096 views | Mundell |
| World Soccer Holdings on 10:35 - Mar 4 by judd |
Excellent link. Thanks. |
No worries. To state the obvious, the time to do this is now. It shouldn’t be difficult to organise or to secure shareholder approval for it at another EGM. The Trust is the obvious entity to hold this Golden Share.
Once control is ceded no owner is likely to make this concession and, of course, a Golden Share could potentially be structured to bind all future owners, not just WSH. [Post edited 4 Mar 12:18]
| | | |
| World Soccer Holdings on 11:57 - Mar 4 with 2030 views | dale1968 |
Well said.. |  |
| |
| |
By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions.
