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Author Topic: Trust look to buy the CG  (Read 28147 times)
horlock07


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« Reply #315 on: Tuesday, November 7, 2017, 14:49:28 »

I guess whoever your syndicate involves, you "vote on the vote" privately and then whichever one represents you, votes in favour of your syndicates outcome.

It would possibly make sense for the Trust to make available (I am sure it will have been done in other cases and thus SD can probably advise) some manner of short document that syndicates could adapt and sign to formalise things if they so chose.
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Ardiles


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« Reply #316 on: Tuesday, November 7, 2017, 15:04:36 »

It's tricky though.  They will have set the minimum contribution at 500 precisely because they need a critical mass of supporters getting behind the scheme with personal contributions of 500.  If they are seen to encourage syndicates, word will go round that that's what everyone is doing - and they'll end up with half of the fanbase chipping in 20 each...which will get us nowhere near the 1 million target.

They're treading a tightrope, because neither will they want to discourage those fans for whom 500 is out of the question.
« Last Edit: Tuesday, November 7, 2017, 15:11:56 by Ardiles » Logged
bamboonoshoe


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« Reply #317 on: Tuesday, November 7, 2017, 15:34:01 »

It's tricky though.  They will have set the minimum contribution at 500 precisely because they need a critical mass of supporters getting behind the scheme with personal contributions of 500.  If they are seen to encourage syndicates, word will go round that that's what everyone is doing - and they'll end up with half of the fanbase chipping in 20 each...which will get us nowhere near the 1 million target.

They're treading a tightrope, because neither will they want to discourage those fans for whom 500 is out of the question.

True but 2000 fans @ 500 should be easily surmountable to reach 1mil. Don't forget in "community projects" people who don't even like sport tend to put their hand in their pockets too. I'd go as far to say that we will have the funds regardless of uptake in fan shares. Every little helps as one capitalist supermarket says. With around 4000 regular, 1000 pick & choose, and another 1000 occasionals. I'm certain 1/3 of that lot would be interested in buying a personal share at 500. The other 2/3? Well if they were in 5 person syndicates @100 each, that would still raise 400k alone.
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« Reply #318 on: Tuesday, November 7, 2017, 15:43:00 »

I think I read on here somewhere that they already have the funds available if needed. I don't know how true that is, though.
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« Reply #319 on: Tuesday, November 7, 2017, 16:05:07 »

I think I read on here somewhere that they already have the funds available if needed. I don't know how true that is, though.

Yes I had also read this on here somewhere too. I also cannot validate the truth though but it's a distinct possibility that they have the funds.
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Ardiles


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« Reply #320 on: Tuesday, November 7, 2017, 16:18:53 »

If they don't, the Trust will want to quash that rumour immediately.  If they do, the motivation for going out to the fans would, I guess, be to maximise fan participation/involvement in the club's future.
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Nemo
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« Reply #321 on: Tuesday, November 7, 2017, 17:04:54 »

I think I read on here somewhere that they already have the funds available if needed. I don't know how true that is, though.

I think that's the "matched funding" they speak of, no? I.e. they have 1m or so on a promise, which would have been enough at the original price?
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singingiiiffy


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« Reply #322 on: Tuesday, November 7, 2017, 18:32:55 »

I would be tempted to put 500 from business more so than personal. Things like paving slabs and brick walls can be good permanent advertising. i wonder if that would be allowed? Would be a lot easier to shift the 2000 slabs from local companies than from individuals in my eyes
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Christy


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« Reply #323 on: Tuesday, November 7, 2017, 22:17:18 »

I'll be in - when I get a job / life  Grrr
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