The exact wording of the club's 25/09/06 statement

[BrightonRed]

I thought it would be important to highlight the exact wording of the club's official statement on 25/09/06 as i don't think it had been quoted in full on this forum since it's release.
(I apologise if I'm mistaken)

If any individual or group can provide additional funding for the Club we would urge these individuals to come forward expressing a desire to invest and become involved in the running of the Club, in part or in full. The Board have made clear, on numerous occasions in the past, that they would welcome and encourage these discussions. Should an individual or group prove to have the financial backing and management ability to ensure the future of the Club an agreement would be formalised and immediately the current Board would resign and relinquish the day to day running of the Club. Prior to the air-crash Mr Power was offered such an opportunity

[Frigby Daser]

ah, but where does it say they are actively looking to sell?

[Piemonte]

directly offering someone an oportunity to buy something is actively looking to sell it

[Fred Elliot]

ah, but where does it say they are actively looking to sell?

From the Evening Advertiser       26/9/06


"Should a group or individual prove they have the financial backing and management ability to ensure the future of the club ‘an agreement would be formalised and immediately the current board would resign and relinquish the day to day running of the club"


Fucking ace !

[Frigby Daser]

Sarcasm is the lowest form of wit, and mine didn't even get noticed.

Board day 1: 'Show us the money and we're gone'

Board day 2: 'Oh, now you've got the money, and the very individuals we were going to hand over to before we pissed them off, we're not so sure. In fact, we're not actively looking to sell...anymore...so there...fuck off'.

Board day 3: 'We're staying, you're stuck with us and a hefty CVA and budget cuts and relegation next year'.

Board day 4: 'You can trust us though...we're people of our word'

[Frigby Daser]

ah, but where does it say they are actively looking to sell?

From the Evening Advertiser       26/9/06


"Should a group or individual prove they have the financial backing and management ability to ensure the future of the club ‘an agreement would be formalised and immediately the current board would resign and relinquish the day to day running of the club"


Fucking ace !

Doesn't mention the holding company though - wonder if thats a sticking point.

[Fred Elliot]

Bob Holt - 19/9/06

“If someone came along with an offer that can be substantiated, then the board would be duty bound to put that offer to the shareholders with the appropriate recommendations."

Evening Adver - 26/9/06

the directors have said that should a group or individual demonstrate the financial clout and ability to take the club forward, it would relinquish control immediately


Bob Holt - 3/10/06

“It is what we have all been waiting for to be honest. If someone was to come in with the investment I think you would smell the burning leather as we got out of there."


Shall I go on ?

 

[Sharky]

Bob Holt - 19/9/06

“If someone came along with an offer that can be substantiated, then the board would be duty bound to put that offer to the shareholders with the appropriate recommendations."

Evening Adver - 26/9/06

the directors have said that should a group or individual demonstrate the financial clout and ability to take the club forward, it would relinquish control immediately


Bob Holt - 3/10/06

“It is what we have all been waiting for to be honest. If someone was to come in with the investment I think you would smell the burning leather as we got out of there."


Shall I go on ?

 

Please do...

[pauld]

Bob Holt - 3/10/06

“It is what we have all been waiting for to be honest. If someone was to come in with the investment I think you would smell the burning leather as we got out of there."

Maybe the burning leather refers not to shoe leather but to them torching the fancy-bound accounts books?  :shock:

[Fred Elliot]

Bob Holt - 3/10/06

“It is what we have all been waiting for to be honest. If someone was to come in with the investment I think you would smell the burning leather as we got out of there."

Maybe the burning leather refers not to shoe leather but to them torching the fancy-bound accounts books?  :shock:

Or the scrificial lamb ? (well you know what I mean)  

[Samdy Gray]

Bob Holt - 19/9/06

“If someone came along with an offer that can be substantiated, then the board would be duty bound to put that offer to the shareholders with the appropriate recommendations."

Hmmm... they reallt stuck to their word there didn't they.

[Batch]

They'd need to hear the proposal first before making a recommendation. Unfortuately sticking your fingers in you ears and shouting "lalala I can't here you" isn't helpful.

[Rich Pullen]

Unfortuately sticking your fingers in you ears and shouting "lalala I can't here you" isn't helpful.

 

You're probably spot on!

[Northern Red]

And yet the most recent statement is:
"It should be emphasised that the Wills family are not actively looking to sell the Club. "

Compared to the earlier:
"Should an individual or group prove to have the financial backing and management ability to ensure the future of the Club an agreement would be formalised and immediately the current Board would resign and relinquish the day to day running of the Club."

Interestingly this only says the board will go - it doesn't sound like the Wills will sell, just give up their spots on the board - which is surely good - two lots of rich people running the club  :?

[Fred Elliot]

And yet the most recent statement is:
"It should be emphasised that the Wills family are not actively looking to sell the Club. "

Compared to the earlier:
"Should an individual or group prove to have the financial backing and management ability to ensure the future of the Club an agreement would be formalised and immediately the current Board would resign and relinquish the day to day running of the Club."

Interestingly this only says the board will go - it doesn't sound like the Wills will sell, just give up their spots on the board - which is surely good - two lots of rich people running the club  :?

As long as certain advisors also hand in their keys to the CG that would be the optimum outcome IMO