I don't know whether anything will happen regarding potential external investors or what that will really mean for us a supporters and shareholders. What needs to happen though is that the Trust must truly represent the supporters' views in these Board discussions. Having a 20% holding is a significant proportion of shares and we can have an impact on any decisions made. Firstly, there needs to be communication down from Huw Cooze to the Trust Board as to the nature of discussions and the implications. That communication then needs to be cascaded down to the full membership and some sort of feedback process implemented to take on board our views. When eventually we have the full picture regarding what is being proposed and its implications, members can take a view and Huw should take a mandate from the Trust Membership to the club board as to how we would like him to proceed on our behalf. This an important issue for the supporters and we cannot let things get done behind closed doors without full consultation with the whole Trust membership. Indeed, there are sufficient Trust funds available for us to engage independent advisors/consultants to provide a more measured view if necessary. If you're not a member of the Trust already, I would urge you to join so that your voice can be heard at the appropriate time if necessary. | |