| Dale Trust Meeting With WSH LLC 10:00 - Mar 14 with 17723 views | RochdaleAFC.com |
 Dale Trust Meeting With WSH LLC 14th Mar 2024 09:58The Trust Chairman George Brigham met with potential investors World Soccer Holdings LLC during their visit from the United States.  5
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| Dale Trust Meeting With WSH LLC on 18:38 - Mar 14 with 3592 views | Rehsad |
| Dale Trust Meeting With WSH LLC on 12:13 - Mar 14 by rochedale |
At least they’re Christians 🙄 |
Say Goodbye to 'The Crown Oil Arena' and Hello to the 'Amphitheatre of Dreams"! | | | |
| Dale Trust Meeting With WSH LLC on 18:52 - Mar 14 with 3498 views | Rodingdale |
| Dale Trust Meeting With WSH LLC on 18:38 - Mar 14 by Rehsad |
Say Goodbye to 'The Crown Oil Arena' and Hello to the 'Amphitheatre of Dreams"! |
The theatre of disastrous decisions? | | | |
| Dale Trust Meeting With WSH LLC on 19:31 - Mar 14 with 3303 views | downunder |
| Dale Trust Meeting With WSH LLC on 18:52 - Mar 14 by Rodingdale |
The theatre of disastrous decisions? |
Is there some irony in that "a group of F1 drivers" are mentioned?
Things are moving fast, and going round in circles. |  | | |
| Dale Trust Meeting With WSH LLC on 19:47 - Mar 14 with 3209 views | 442Dale |
| Dale Trust Meeting With WSH LLC on 14:23 - Mar 14 by 49thseason |
What question? If the club gets a cash influx there is no problem, if it goes into liquidation there is no problem to be solved. The NL may want proof that the club can continue for another season, putting in a couple of million quid should fix that question, they will have bigger problems to deal with than Rochdale if the cash is in the bank.
We are where we are for a simple reason, we are spending more than,our income month in month out and have been doing for years. It was inevitable that the money would run out. It has . There is no one prepared to lend us any, there is no plan to make more money that doesnt involve spending... we appointed the Directors to do what has to be done, if they now believe WSH are in the best place to help the company then " so be it". .. do the deal and move on....what will be will be, its a toss of a coin now, unless of course you have a quick £100k+ to drop in the bank to get us through to next month,.. I know I don't. |
It was simple:
And if that is a fact, why are the National League allowing us to continue to play games when we may not finish the season?
The fact you keep pointing to is that is “no more money coming in to the club until it is sold”
Forget everything else. Think of other clubs. Why did Woking turn up on Tuesday? Why should Eastleight play us on Saturday?
What assurances have we given the National League? |  |
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| Dale Trust Meeting With WSH LLC on 22:33 - Mar 14 with 2894 views | D_Alien |
Sunday is the 24th, not the 23rd, but presume it'll be 23.59 on the Sunday |  |
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| Dale Trust Meeting With WSH LLC on 00:21 - Mar 15 with 2695 views | Sandyman |
| Dale Trust Meeting With WSH LLC on 19:47 - Mar 14 by 442Dale |
It was simple:
And if that is a fact, why are the National League allowing us to continue to play games when we may not finish the season?
The fact you keep pointing to is that is “no more money coming in to the club until it is sold”
Forget everything else. Think of other clubs. Why did Woking turn up on Tuesday? Why should Eastleight play us on Saturday?
What assurances have we given the National League? |
442Dale - Brilliant. NAIL ON HEAD moment.
Prior to the 7th March EGM, we had the club Chairman all over the media telling the "liquidation" narrative. As the EGM commenced, said chairman was threatening a board meeting Friday morning to liquidate the club and possibly no game v Oxford City on Saturday. The world, and his wife, the shareholders, Dale fans and surely the National League knew we were about to go bust, from his mouth.
How do the National League rules address such a scenario? The rules of the league we compete in say:
"2.18 If during the course of a season the Board decide that the organisation and management or finances of a particular Club fall below the standards appropriate to membership of the Competition, the Competition Secretary shall be instructed to warn the Club at once that it may be excluded from membership of the Competition at the end of that playing season. Such a Club shall have the right to appeal to The FA within 14 days of the date of notification of the Board’s decision."
Those are the rules. You can find them here. https://www.thenationalleague.org.uk/downloads/rules
Now, I doubt we'll know if such a warning has occurred, but the RAFC chairman has most definitely invited it. How will that affect our status as a National League or even National League North club? (Same rules apply). Technically, our rules unaware chairman is guiding us towards the 7th tier by blagging our potential liquidation to suit his desire for shareholders to vote in favour of 7th March EGM resolutions. We'll see how that pans out but if the NL are on the ball, so to speak, it's possible.
Unless the "liquidation" scenario was poppycock designed to fool shareholders. We'll see. [Post edited 15 Mar 0:49]
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| Dale Trust Meeting With WSH LLC on 03:29 - Mar 15 with 2619 views | TalkingSutty |
| Dale Trust Meeting With WSH LLC on 00:21 - Mar 15 by Sandyman |
442Dale - Brilliant. NAIL ON HEAD moment.
Prior to the 7th March EGM, we had the club Chairman all over the media telling the "liquidation" narrative. As the EGM commenced, said chairman was threatening a board meeting Friday morning to liquidate the club and possibly no game v Oxford City on Saturday. The world, and his wife, the shareholders, Dale fans and surely the National League knew we were about to go bust, from his mouth.
How do the National League rules address such a scenario? The rules of the league we compete in say:
"2.18 If during the course of a season the Board decide that the organisation and management or finances of a particular Club fall below the standards appropriate to membership of the Competition, the Competition Secretary shall be instructed to warn the Club at once that it may be excluded from membership of the Competition at the end of that playing season. Such a Club shall have the right to appeal to The FA within 14 days of the date of notification of the Board’s decision."
Those are the rules. You can find them here. https://www.thenationalleague.org.uk/downloads/rules
Now, I doubt we'll know if such a warning has occurred, but the RAFC chairman has most definitely invited it. How will that affect our status as a National League or even National League North club? (Same rules apply). Technically, our rules unaware chairman is guiding us towards the 7th tier by blagging our potential liquidation to suit his desire for shareholders to vote in favour of 7th March EGM resolutions. We'll see how that pans out but if the NL are on the ball, so to speak, it's possible.
Unless the "liquidation" scenario was poppycock designed to fool shareholders. We'll see. [Post edited 15 Mar 0:49]
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Something else that needs highlighting about that shambles of a EGM last week..a EGM that needs to be investigated from a legal point of view. Why did Simon Gauge ask George Bigham to stand at the front of the room just prior to the shareholders vote and request him to tell all shareholders present in the room which way the Trust members ( Trust ) are voting? He used the largest shareholder in the room to try to influence the way others would vote on the night. You can't do that. That was on top of his threat to cancel the up coming Saturday fixture and to warn anybody daring to vote 'no' that they will be standing up in front of the media the following morning to explain why they voted no. I know for a fact that people changed their vote at the last minute due to Gauges attempt to manipulate the vote on the night. Any transfer of shares following on from this meeting need to be suspended as a result of how the EGM was conducted. George Delves and Richard Knight were also present at the EGM so will be well aware of what played out on the night. [Post edited 15 Mar 3:35]
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| Dale Trust Meeting With WSH LLC on 04:27 - Mar 15 with 2600 views | D_Alien |
| Dale Trust Meeting With WSH LLC on 03:29 - Mar 15 by TalkingSutty |
Something else that needs highlighting about that shambles of a EGM last week..a EGM that needs to be investigated from a legal point of view. Why did Simon Gauge ask George Bigham to stand at the front of the room just prior to the shareholders vote and request him to tell all shareholders present in the room which way the Trust members ( Trust ) are voting? He used the largest shareholder in the room to try to influence the way others would vote on the night. You can't do that. That was on top of his threat to cancel the up coming Saturday fixture and to warn anybody daring to vote 'no' that they will be standing up in front of the media the following morning to explain why they voted no. I know for a fact that people changed their vote at the last minute due to Gauges attempt to manipulate the vote on the night. Any transfer of shares following on from this meeting need to be suspended as a result of how the EGM was conducted. George Delves and Richard Knight were also present at the EGM so will be well aware of what played out on the night. [Post edited 15 Mar 3:35]
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Last Saturday, you posted about a legal challenge to the EGM, and i asked: really?
I'm not questioning any of those points you've made, but if there was any appetite whatsoever for a legal challenge, shouldn't it already have been started? Has any member of the legal profession been consulted, with a view to how such a challenge might be made? And what the associated legal fees might be?
You're right to point out each and every one of those individual pieces of railroading, but pointing them out and saying "they need to be challenged" begs a pretty obvious question
Well, two actually. There's a difference between illegal manipulation and seeking to influence a vote. It could be argued the latter is what the meeting is all about -people arguing for and against. The fact that Gauge chose to do so in a very cack-handed manner simply shows his desperation and lack of acumen, but we already knew that | |
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| Dale Trust Meeting With WSH LLC on 06:53 - Mar 15 with 2452 views | TalkingSutty |
| Dale Trust Meeting With WSH LLC on 04:27 - Mar 15 by D_Alien |
Last Saturday, you posted about a legal challenge to the EGM, and i asked: really?
I'm not questioning any of those points you've made, but if there was any appetite whatsoever for a legal challenge, shouldn't it already have been started? Has any member of the legal profession been consulted, with a view to how such a challenge might be made? And what the associated legal fees might be?
You're right to point out each and every one of those individual pieces of railroading, but pointing them out and saying "they need to be challenged" begs a pretty obvious question
Well, two actually. There's a difference between illegal manipulation and seeking to influence a vote. It could be argued the latter is what the meeting is all about -people arguing for and against. The fact that Gauge chose to do so in a very cack-handed manner simply shows his desperation and lack of acumen, but we already knew that |
Yes, i've been informed that the EGM should be legally challenged by a member of the legal profession.The person i spoke to is not a Dale fan and it was a off the record conversation. Not the same as putting the wheels in motion i know. Threatening ( thats what it was) shareholders at a EGM vote isn't right, especially when the person doing the threatening/coercing stands to gain financially as a result of that vote.The club solicitors will be aware of that.I haven't gone off on my own and started the process but I don't think that it should be just down to me to do that, we're a fan owned club. The Supporters Trust represent the fans and they are/ were the largest shareholder, do you not think they should provide clarification on this point because its something that does affect the whole future of the club? I'm assuming the Trust are up to their neck in it though trying to deal with the Chairman etc and ensure ALL interested parties are given a proper audience and treated fairly. I'm sure the members/ shareholders would help to pay for any legal fees in relation to this, in fact I would be the first person to chip in. Great idea (not) by Simon Gauge and the directors to take the Trust down the road of funding players wages etc, at a time when we needed to keep money in the pot to maybe pay for legal fees? Something that was pointed out at a Trust meeting not long ago. I have spoken to Trust representative about the EGM but will contact them again today and make it formal, I would hope other shareholders will also do the same thing. If it transpires there is no appetite to follow this up then I will accept that and put it down to me being too sensitive.
To just keep quiet and let these things roll, put it down to the Chairman's incompetence is akin to turning a blind eye and when it comes to Simon Gauge we keep doing that. He suddenly put the club up for sale overnight once they bought back the MH shares, nobody challenged him about it and that's why he continues to do exactly what he wants with the club. I would like some support in relation to challenging the legality of what went on at the EGM ( there are plenty who feel the same way as myself) because unfortunately I can't fight the battle alone. What do you think, do you think we should just forget it and put it down to his lack of acumen as you suggest? The shareholders deserve to be treated better, many of those present at the EGM kept the club going long before Gauge turned up at the club. My concerns are legitimate ones, the way he treats shareholders and the fan base is a disgrace, the sooner he's out of the club the better. If he doesn't leave the club we lose supporter, i don't want to support a club with him in the boardroom. Early Bird season tickets are already on sale at Bolton Wanderers, £279 for a adult if bought before 14th April. I'm hoping we'll have some clarity on the situation by then because a club with Gauge at the helm isn't for me anymore. I'll get my football fix elsewhere like many others have and look forward to just going to the match. [Post edited 15 Mar 7:31]
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| Dale Trust Meeting With WSH LLC on 08:07 - Mar 15 with 2312 views | James1980 |
Not sure many will stump up £279 quid to watch a part time club playing on a council field in the bottom division. | |
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| Dale Trust Meeting With WSH LLC on 08:39 - Mar 15 with 2212 views | SandyArising |
| Dale Trust Meeting With WSH LLC on 14:15 - Mar 14 by BigKindo |
I would appreciate it if whomsoever reads this message board from the Club passes on my feelings to Simon Gauge. Thank you.
Staggering comments. Stupid, ludicrous comments! This is not the way for a minority shareholder and creditor of a Limited Company to behave. Simon Gauge it is not your place to make such comments without repercussions. If these statements are correct by so-doing you have alienated several hundred Dale supporters and shareholders and probably lost their total support and faith in the future. Did you make those statements? If you carry on in that vein it will no doubt reflect in season ticket sales neat season if we are still in business, a business which your actions could perhaps destroy.
Whatever your intentions, if such statements were uttered, Simon Gauge you should publicly apologise to the individuals you directly addressed and to all of us who support our Club, not your Club, and which now appears to be your personal fiefdom. Mr. Gauge I'm holding my breath albeit in pious hope. I have supported the Dale since 1949, through thick and thin, and have witnessed and personally known many who helped the Club through thick and thin without benefit to themselves or families. Your loan to the Club in a time of need was appreciated but it shouldn't grant you the opportunity to make the alleged statements, as reported in this thread, and to which I am adding comment. Your actions have now alienated not only me but apparently many others and I think that your next best first course of action is to publicly apologise.
I am now beginning to fear for your competence as a Company Director. Please could you confirm that all the decisions you are announcing are done with the majority support of your fellow Directors and that such actions are correctly minuted by the Company Secretary. It does appear that you are solely at the tiller steering the ship towards the rocks without accepting the input from the lifeboat crew. Please could you confirm if this correct. I am sure that you are aware of the consequences of non-compliance with Company Law. Should this not be the case then it could also reflect upon the expected competence of the other Board Members and jeopardise their positions.
Was it with full backing of the Directors that you announced the sale of our Club, and that if new monies were not forthcoming you would liquidate the Club. Surely as a Director you knew the financial constraints some months ago, not 4 weeks ago. That to me suggests you wanted to make it a fait accompli by putting the shareholders and supporters into panic mode. Surely you are aware as a Director of the Club (a Limited Company) that if the Club has been trading insolvently for some that you committed an offence under current Company Law. The decision to liquidate is not solely your decision. To liquidate the Company could have left you under investigation.
I infrequently post on the message board but your actions are causing distrust among the supporters and no doubt shareholders who it seems under your master plan are about to lose their voting rites.
I as a (retired) long standing successful Company Director can now see that you have backed yourself into a corner and rather than accept you may be getting it wrong, even perhaps not accepting best advice from others. I think that the only solution to the problems of your own making are to immediately resign or at least allow the Board to have a vote of no confidence. Your legal responsibility is to all shareholders not just yourself.
Not even you are bigger than Rochdale AFC. |
Perfectly said and elegantly and intelligently put. His words at the EGM were that of a desperate man who was on the edge of a breakdown. Leave now Simon before you are pushed and let the trust and the rest of the board push the deal over the line with the best deal for the CLUB not you. Then you can have your money back. |  | | |
| Dale Trust Meeting With WSH LLC on 09:18 - Mar 15 with 2087 views | TalkingSutty |
| Dale Trust Meeting With WSH LLC on 08:39 - Mar 15 by SandyArising |
Perfectly said and elegantly and intelligently put. His words at the EGM were that of a desperate man who was on the edge of a breakdown. Leave now Simon before you are pushed and let the trust and the rest of the board push the deal over the line with the best deal for the CLUB not you. Then you can have your money back. |
We're all a bit desperate , desperate to save the club. The Chairman's desperation will be greater though because of his financial outlay, i get that, but that was his own personal decision to make. The club will always be bigger than any individual and he must know that fans who have invested both financially and emotionally throughout their life's won't just sit back and let one person do what they want with the club. It's not personal towards Simon Gauge, we wouldn't let anybody do that. Disrespecting the shareholders was a big no, no..he shouldn't have done that but as you say, probably the actions of a desperate and highly stressed individual. Fellow Directors and staff have a duty of care for each other, they need to speak to him. A fellow fan did the same to me last week and it worked for a day unfortunately, it was appreciated though. All the chairman had to do was embrace the help around him and I would suggest the Trust are his biggest friend, certainly not his enemy. Everybody working together to better the club in the knowledge that if at all possible Simon recoups some of his outlay, that should have been the blueprint. Does he know how to work as a team though and trust individuals,or is he just set in his ways and has to be in control all the time? He'll know the answer to that and so will those in his close circle. So yes, time to take a moment and consider the stress everybody is under, including the Chairman and no doubt those fighting the fight behind the scenes to save the club. [Post edited 15 Mar 9:21]
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| Dale Trust Meeting With WSH LLC on 09:54 - Mar 15 with 1960 views | D_Alien |
| Dale Trust Meeting With WSH LLC on 06:53 - Mar 15 by TalkingSutty |
Yes, i've been informed that the EGM should be legally challenged by a member of the legal profession.The person i spoke to is not a Dale fan and it was a off the record conversation. Not the same as putting the wheels in motion i know. Threatening ( thats what it was) shareholders at a EGM vote isn't right, especially when the person doing the threatening/coercing stands to gain financially as a result of that vote.The club solicitors will be aware of that.I haven't gone off on my own and started the process but I don't think that it should be just down to me to do that, we're a fan owned club. The Supporters Trust represent the fans and they are/ were the largest shareholder, do you not think they should provide clarification on this point because its something that does affect the whole future of the club? I'm assuming the Trust are up to their neck in it though trying to deal with the Chairman etc and ensure ALL interested parties are given a proper audience and treated fairly. I'm sure the members/ shareholders would help to pay for any legal fees in relation to this, in fact I would be the first person to chip in. Great idea (not) by Simon Gauge and the directors to take the Trust down the road of funding players wages etc, at a time when we needed to keep money in the pot to maybe pay for legal fees? Something that was pointed out at a Trust meeting not long ago. I have spoken to Trust representative about the EGM but will contact them again today and make it formal, I would hope other shareholders will also do the same thing. If it transpires there is no appetite to follow this up then I will accept that and put it down to me being too sensitive.
To just keep quiet and let these things roll, put it down to the Chairman's incompetence is akin to turning a blind eye and when it comes to Simon Gauge we keep doing that. He suddenly put the club up for sale overnight once they bought back the MH shares, nobody challenged him about it and that's why he continues to do exactly what he wants with the club. I would like some support in relation to challenging the legality of what went on at the EGM ( there are plenty who feel the same way as myself) because unfortunately I can't fight the battle alone. What do you think, do you think we should just forget it and put it down to his lack of acumen as you suggest? The shareholders deserve to be treated better, many of those present at the EGM kept the club going long before Gauge turned up at the club. My concerns are legitimate ones, the way he treats shareholders and the fan base is a disgrace, the sooner he's out of the club the better. If he doesn't leave the club we lose supporter, i don't want to support a club with him in the boardroom. Early Bird season tickets are already on sale at Bolton Wanderers, £279 for a adult if bought before 14th April. I'm hoping we'll have some clarity on the situation by then because a club with Gauge at the helm isn't for me anymore. I'll get my football fix elsewhere like many others have and look forward to just going to the match. [Post edited 15 Mar 7:31]
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Excellent response. I guess i was challenging you on the point of whether any action has been taken; you say it has
I was also challenging with an alternative view, and if a legal eagle thinks there's potential illegality taken place, then it should be challenged. Don't forget to throw the failure to notify all shareholders of the EGM into the mix
Let me be clear though. Dale need to come out of this process intact. Any action taken should involve those responsible, but NOT at the expense of the club. If you can square tbat circle (and remember, the legal profession probably won't care, as long as they get their fees) then i say good luck to you | |
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| Dale Trust Meeting With WSH LLC on 09:55 - Mar 15 with 1957 views | frenzied |
| Dale Trust Meeting With WSH LLC on 09:18 - Mar 15 by TalkingSutty |
We're all a bit desperate , desperate to save the club. The Chairman's desperation will be greater though because of his financial outlay, i get that, but that was his own personal decision to make. The club will always be bigger than any individual and he must know that fans who have invested both financially and emotionally throughout their life's won't just sit back and let one person do what they want with the club. It's not personal towards Simon Gauge, we wouldn't let anybody do that. Disrespecting the shareholders was a big no, no..he shouldn't have done that but as you say, probably the actions of a desperate and highly stressed individual. Fellow Directors and staff have a duty of care for each other, they need to speak to him. A fellow fan did the same to me last week and it worked for a day unfortunately, it was appreciated though. All the chairman had to do was embrace the help around him and I would suggest the Trust are his biggest friend, certainly not his enemy. Everybody working together to better the club in the knowledge that if at all possible Simon recoups some of his outlay, that should have been the blueprint. Does he know how to work as a team though and trust individuals,or is he just set in his ways and has to be in control all the time? He'll know the answer to that and so will those in his close circle. So yes, time to take a moment and consider the stress everybody is under, including the Chairman and no doubt those fighting the fight behind the scenes to save the club. [Post edited 15 Mar 9:21]
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Well said TS.
Ive never seen your postings as being aggressive or antagonistic.
Clearly the well being of Simon as well as the clubs survival are both important.
Your postings purely reflect the concerns of a supporter who CARES.
Its always difficult to understand how person feels ie Simon unless you walk in his shoes.
I don't understand the ins and outs of the legal process..however some of the behaviours of the top table at several meetings recently are alarming and display a lack of clear thinking as well as basic courtesy | | | |
| Dale Trust Meeting With WSH LLC on 09:59 - Mar 15 with 1938 views | judd |
| Dale Trust Meeting With WSH LLC on 22:33 - Mar 14 by D_Alien |
Sunday is the 24th, not the 23rd, but presume it'll be 23.59 on the Sunday |
Apologies, it is Saturday. The statement was amended but the original has been uploaded.
We will correct that. |  |
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| Dale Trust Meeting With WSH LLC on 10:02 - Mar 15 with 1923 views | Nafelad |
| Dale Trust Meeting With WSH LLC on 09:18 - Mar 15 by TalkingSutty |
We're all a bit desperate , desperate to save the club. The Chairman's desperation will be greater though because of his financial outlay, i get that, but that was his own personal decision to make. The club will always be bigger than any individual and he must know that fans who have invested both financially and emotionally throughout their life's won't just sit back and let one person do what they want with the club. It's not personal towards Simon Gauge, we wouldn't let anybody do that. Disrespecting the shareholders was a big no, no..he shouldn't have done that but as you say, probably the actions of a desperate and highly stressed individual. Fellow Directors and staff have a duty of care for each other, they need to speak to him. A fellow fan did the same to me last week and it worked for a day unfortunately, it was appreciated though. All the chairman had to do was embrace the help around him and I would suggest the Trust are his biggest friend, certainly not his enemy. Everybody working together to better the club in the knowledge that if at all possible Simon recoups some of his outlay, that should have been the blueprint. Does he know how to work as a team though and trust individuals,or is he just set in his ways and has to be in control all the time? He'll know the answer to that and so will those in his close circle. So yes, time to take a moment and consider the stress everybody is under, including the Chairman and no doubt those fighting the fight behind the scenes to save the club. [Post edited 15 Mar 9:21]
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SG seems to be carrying out his role as a chairman in the same way as an airline pilot controls his aircraft, in other words, he doesn't operate as the member of a team. |  |
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| Dale Trust Meeting With WSH LLC on 10:09 - Mar 15 with 1887 views | D_Alien |
| Dale Trust Meeting With WSH LLC on 09:18 - Mar 15 by TalkingSutty |
We're all a bit desperate , desperate to save the club. The Chairman's desperation will be greater though because of his financial outlay, i get that, but that was his own personal decision to make. The club will always be bigger than any individual and he must know that fans who have invested both financially and emotionally throughout their life's won't just sit back and let one person do what they want with the club. It's not personal towards Simon Gauge, we wouldn't let anybody do that. Disrespecting the shareholders was a big no, no..he shouldn't have done that but as you say, probably the actions of a desperate and highly stressed individual. Fellow Directors and staff have a duty of care for each other, they need to speak to him. A fellow fan did the same to me last week and it worked for a day unfortunately, it was appreciated though. All the chairman had to do was embrace the help around him and I would suggest the Trust are his biggest friend, certainly not his enemy. Everybody working together to better the club in the knowledge that if at all possible Simon recoups some of his outlay, that should have been the blueprint. Does he know how to work as a team though and trust individuals,or is he just set in his ways and has to be in control all the time? He'll know the answer to that and so will those in his close circle. So yes, time to take a moment and consider the stress everybody is under, including the Chairman and no doubt those fighting the fight behind the scenes to save the club. [Post edited 15 Mar 9:21]
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Please be consistent
Don't disagree with me about SG's desperation being the key point just because i challenged you, and then agree with someone else making the same point when they applaud you
The club comes first, always, and beware of falling into the same trap as SG [Post edited 15 Mar 10:12]
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| Dale Trust Meeting With WSH LLC on 10:23 - Mar 15 with 1808 views | TalkingSutty |
| Dale Trust Meeting With WSH LLC on 09:54 - Mar 15 by D_Alien |
Excellent response. I guess i was challenging you on the point of whether any action has been taken; you say it has
I was also challenging with an alternative view, and if a legal eagle thinks there's potential illegality taken place, then it should be challenged. Don't forget to throw the failure to notify all shareholders of the EGM into the mix
Let me be clear though. Dale need to come out of this process intact. Any action taken should involve those responsible, but NOT at the expense of the club. If you can square tbat circle (and remember, the legal profession probably won't care, as long as they get their fees) then i say good luck to you |
It wouldn't be just me though who needs good luck and would challenge the process, i outlined that in my post. It would need to be done as a collective and with support from the Trust I think. Does anybody else have the appetite to go down that particular route? Well plenty of people who I have spoken to suggested that it needed challenging and you've confirmed that yourself in your reply if its legally possible. So we agree on that. You make a great point that any action being pursued should not come at the expense of the club and that is something that can't be guaranteed so unfortunately we are stuck between a rock and a hard place. Life is all about timing and with so much uncertainty to pursue this matter now would run the risk of upsetting the apple cart. I've sent my concerns to the Trust and I know others have, it's probably best to be guided by them at this moment in time. | | | |
| Dale Trust Meeting With WSH LLC on 10:27 - Mar 15 with 1794 views | TalkingSutty |
| Dale Trust Meeting With WSH LLC on 10:09 - Mar 15 by D_Alien |
Please be consistent
Don't disagree with me about SG's desperation being the key point just because i challenged you, and then agree with someone else making the same point when they applaud you
The club comes first, always, and beware of falling into the same trap as SG [Post edited 15 Mar 10:12]
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I'll do what I want on a public forum, not what you suggest. You need to remember that. There are far more important things going on than trying to pick holes with my posts, we are all flawed and i include you in that. Enjoy your weekend and let's hope there's a good outcome for the club at the end of all this. I'm sending you peace and a big man hug, even an apology if I've upset you in some way. [Post edited 15 Mar 10:52]
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| Dale Trust Meeting With WSH LLC on 10:58 - Mar 15 with 1674 views | D_Alien |
| Dale Trust Meeting With WSH LLC on 10:27 - Mar 15 by TalkingSutty |
I'll do what I want on a public forum, not what you suggest. You need to remember that. There are far more important things going on than trying to pick holes with my posts, we are all flawed and i include you in that. Enjoy your weekend and let's hope there's a good outcome for the club at the end of all this. I'm sending you peace and a big man hug, even an apology if I've upset you in some way. [Post edited 15 Mar 10:52]
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You see it as "picking holes" when what i'm trying to do is prevent precipitate action from ruining the club, in the same way as SG has done, i.e. out of desperation
I don't do "man-hugs" but we do know each other, and i'll always be happy to share a pint | |
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| Dale Trust Meeting With WSH LLC on 13:42 - Mar 15 with 1362 views | DorkingDale |
| Dale Trust Meeting With WSH LLC on 11:23 - Mar 14 by Brierls |
I read it as a) funds are in place for the purchase and initial running costs, from investors who would be made public on completion, b) ongoing investment is required but not yet secured. |
Not convinced about initial funding Briels..... | | | |
| Dale Trust Meeting With WSH LLC on 13:45 - Mar 15 with 1345 views | DorkingDale |
| Dale Trust Meeting With WSH LLC on 11:30 - Mar 14 by fitzochris |
I think it needs clarifying.
Even if your interpretation is correct - that ongoing investment is not yet secured or guaranteed - it is even more vital to see what other interested parties can gaurantee in that regard.
The last thing we need is to be here again when initial investment runs out, only with less say in what happens next. |
I'm not even convinced that initial funding is in place Fitz | | | |
| Dale Trust Meeting With WSH LLC on 13:51 - Mar 15 with 1311 views | wozzrafc |
| Dale Trust Meeting With WSH LLC on 13:42 - Mar 15 by DorkingDale |
Not convinced about initial funding Briels..... |
I think the simple answer is we don’t know. It seems like the discussion was around how they find and theytype of investors they have.
We can’t say one way or the other if WSH have in place the funds needed to sign a deal in the timescale we have and to meet the National League rules.
Only WSH and the BoD know if the funds are in place to enable a deal to signed off and pass NL scrutiny. Given we are in a period of exclusivity We just have to hope they are.
We seem to relying on a lot of hope where our BoD are involved. [Post edited 15 Mar 13:52]
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| Dale Trust Meeting With WSH LLC on 13:53 - Mar 15 with 1304 views | DorkingDale |
| Dale Trust Meeting With WSH LLC on 13:16 - Mar 14 by Dale85 |
So let me get this straight
Our chairman has introduced broker 1 ( aka Alan partridge )
Who has introduced broker 2 ( Scott dyer) who is looking at potential investors ready to do Due diligence
Albeit waiting for some paperwork from our chairman
This is obsurd!!!!
In the mean time we have blocked TFC LLC who have been to the games , worked with the trust and don’t involve any brokers .
The world has gone mad |
The Alan Partridge story has been refuted by The Trust. The broker they met was not Nicholas Brayne. | | | |
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