Trust Seeking Answers

[Real Sharapova]

:icon_lol: :icon_lol: Im sorry but that has to be one of the funniest posts of the year, they are business men at the end of the day, no matter what they say in the media. A majority of them will take the money and run thankful they got anything out of the club. If they get it wrong by selling to MM as you state then they will be long gone with a full bank account. Like they are going to give a toss 5 years down the line.

What are we going to do if it does all go tits up 5 years down the line? feck all its not like we will be banging on the doors of andrew taylor et-al(sp) asking them why they sold and how clearly it is all their bloody fault.

Sexist! A number are women, and I would expect out of the 47 not all are in business, and some may be retired. They gave a toss when they rescued our club a few years back, I think it is rather derogatory of you to say they will not care about our club in future - they are supporters like you and me. I would hope their decision is not about their own personal circumstances ( which I suspect will be the case, when they put the money in they cannot have expected a return ) and will be based on where, on the evidence put before them, our club will be in five years time.

 

[Real Sharapova]

I have real doubts about the supposed 'other bids', at least mandaric is talking about wanting to buy the club the other parties (if they exist) have not even told us who they are, let alone how much they are willing to invest and their future vision for the club, with nothing else real on the table, except carrying on as we are, I don't see how anyone with the good of the club in mind can vote no.

If there are other bids let them step out of the shadows before any decisions are made!

If there are any, they will be put before the shareholders on Saturday. Perhaps they prefer to do there business properly, rather than through the pages of the Mockery.

 

[Biffa Bacon]

If there are any, they will be put before the shareholders on Saturday. Perhaps they prefer to do there business properly, rather than through the pages of the Mockery.

Most bidders for a company make their interest know to stakeholders, this doesn't mean they give out details or sling mud, just express their interest, we as major stakeholders in LCFC have an interst in their intentions.

I'd be very wary of anyone who won't do this.

 

[Jeff]

I don't see how anyone with the good of the club in mind can vote no.

I don't know how anyone with the good of the club in mind can vote yes without having guarantees in place about the future of the club.

At the moment the club is stable and financially doing OK. If someone comes in and the club ends up in debt we could end up in the same situation we were 4 years ago. If you thought the authorities have been against us since we went into administration imagine what it would be like if we did it again.

 

[1966]

I don't know how anyone with the good of the club in mind can vote yes without having guarantees in place about the future of the club.

At the moment the club is stable and financially doing OK. If someone comes in and the club ends up in debt we could end up in the same situation we were 4 years ago. If you thought the authorities have been against us since we went into administration imagine what it would be like if we did it again.

The frightening thing for me, without gaurantee's in place, is that we could end up in an even worse position than 4 years ago.

 

[Biffa Bacon]

I don't know how anyone with the good of the club in mind can vote yes without having guarantees in place about the future of the club.

At the moment the club is stable and financially doing OK. If someone comes in and the club ends up in debt we could end up in the same situation we were 4 years ago. If you thought the authorities have been against us since we went into administration imagine what it would be like if we did it again.

Are we? We aren't making any headway on buying the stadium and mid table isn't really what we hope for, the playing squad is very thin and it looks like we will have to sell the best of what we have in the mid term. I'd hope that the board and shareholders are not stupid enough to have a meeting without a concrete proposal in place, no one can have a sensible vote without that.

 

[Real Sharapova]

Are we? We aren't making any headway on buying the stadium and mid table isn't really what we hope for, the playing squad is very thin and it looks like we will have to sell the best of what we have in the mid term. I'd hope that the board and shareholders are not stupid enough to have a meeting without a concrete proposal in place, no one can have a sensible vote without that.

Why do we have to sell any players? We are financially Ok. Fair enough, if someone comes in with a silly bid for Stearman we would have to consider it, but as our finances are Ok I would assume most if not all would be given to RK to spend on other players.

 

[Leigh]

This was posted on foxfanzine:

Question:

As I mentioned in response to your last post, please can you explain why the issues and questions you are so keen to ask MM have not been important enough for you to ask the present board..

Especially as only now are they considering putting in more money, which I would imagine is becasue they know if MM does buy he club they will all be out of a job or position within the club?

This is a serious question which would help me and others understand your positioning...

Foxes Trust answer:

Because we have asked and know the answers from the present set up
Ownership of the Walkers Stadium
- would remain with the Teachers deal (unless ground share went ahead). Without additional investment, a significant player sale would be likely in the summer, maybe sooner would depend on form and hence crowd size until Jan

Securing other assets such as the Belvoir Drive facility
- already secure so no issue

funds available to the manager
- maybe a loan signing if high injury level in one area of the side, but that's all

New infrastructure of the non playing side of the club
- without additional investment, club would have to look at costs, they haven't reduced in line with revenue

link

 

[Biffa Bacon]

Why do we have to sell any players? We are financially Ok. Fair enough, if someone comes in with a silly bid for Stearman we would have to consider it, but as our finances are Ok I would assume most if not all would be given to RK to spend on other players.

See post 48 above.

Doing OK:icon_bigg

 

[Melton Fox]

Why do we have to sell any players? We are financially Ok.

Then what the f*ck is all this nonsense about new investement for. If we are financially OK then we don't need new investment, we just need somebody who can run a football club. Financially OK and in the postion we are in is embarrassing, we obviously don't know how to spend the money wisely

 

[Polar Bear]

"If there are any, they will be put before the shareholders on Saturday. Perhaps they prefer to do there business properly, rather than through the pages of the Mockery."

Fair enough, but in that case they've allowed Mandaric to steal a march in the publicity stakes.

I liked that FT statement, so much in fact that I proof read it for them

 

[norman leet]

Why do we have to sell any players? We are financially Ok. Fair enough, if someone comes in with a silly bid for Stearman we would have to consider it, but as our finances are Ok I would assume most if not all would be given to RK to spend on other players.

Still worried about the loss of the 7.5 million sky money.

I know posts have said its being budgeted for..how??

Crude way of putting it over is the same figure as selling 15,000 season tickets at £500 each

Gate money is not the only income but very significant

 

[Durham Fox]

This was posted on foxfanzine:

Originally Posted by Foxes Trust
Because we have asked and know the answers from the present set up
Ownership of the Walkers Stadium
- would remain with the Teachers deal (unless ground share went ahead). Without additional investment, a significant player sale would be likely in the summer, maybe sooner would depend on form and hence crowd size until Jan

Securing other assets such as the Belvoir Drive facility
- already secure so no issue

funds available to the manager
- maybe a loan signing if high injury level in one area of the side, but that's all

New infrastructure of the non playing side of the club
- without additional investment, club would have to look at costs, they haven't reduced in line with revenue

Send the Multi Milionaire Footbal club owner away! We are doing fine on our own thanks.

:icon_roll :icon_roll :icon_roll :icon_roll

 

[Durham Fox]

Why do we have to sell any players? We are financially Ok. Fair enough, if someone comes in with a silly bid for Stearman we would have to consider it, but as our finances are Ok I would assume most if not all would be given to RK to spend on other players.

Your buddies at the FT disagree with you :icon_wink :icon_lol:

 

[Real Sharapova]

Then what the f*ck is all this nonsense about new investement for.

New players and pay off some of the stadium debt?

 

[Melton Fox]

I find that statement above in post 48 frightening, very frightening.

If this is the boards idea of a succesful future for our club, they are deluded fukwits. Get them out now

 

[PFKAKTF FOX]

This was posted on foxfanzine:

Question:

Foxes Trust answer:



link

Send the Multi Milionaire Footbal club owner away! We are doing fine on our own thanks.

:icon_roll :icon_roll :icon_roll :icon_roll

The timing of this bombshell by the Trust is unbelievable. People question Mandaric's motives and yet I don't believe the current board have been too open and honest about what the consequences of the current status quo remaining, judging by this information from the FT.

 

[fcukcov]

What worries me is that we are saying we are finacially okay. IMO thats rubbish, we ARE finacially stable, as turn over a small profit or a samll loss each year but this is not okay and is no way to help the club move forward. Im extremely worried about this vote now. Its gonna go tits up big style and we will be the laughing stock in all the sunday tabloids once again.

 

[Durham Fox]

'Post 48 gate' :icon_lol: :icon_lol:

 

[Jeff]

I don't believe the current board have been too open and honest about what the consequences of the current status quo remaining

The current board have said they're looking for new investments, and have been for some time.

The status quo would be no different to how the club has been for the majority of its history, we've (nearly) always been a selling club.

Obviously if we have someone coming in lending us money to spend on players that might change - but if it's done using borrowed money it could just be storing up big problems for the future.