Trust look to buy the CG

[suttonred]

Out of interest, what do you think will happen that is "fantastic", which couldn't have happened previously?

I know what wont happen (well as likely to anyway) The Land has a covenant on, and if in council hands some greedy bastard would one day no doubt find a way round it to build stuff on whilst lining their back pockets, leaving us playing god knows where.  It could still happen of course, but the thought of at least one politician/Councillor crying somewhere makes me happy in my thoughts.. As some shitbag will have broached it at some point, they cant help themselves.

[Red Frog]

Today could mark a historic turning-point. Paul had it spot on about a stake for the Trust being the only insurance against the next asset-stripper. With Blackpool, Coventry, Bolton, Oxford et al to remind us to be grateful for small mercies, I'll be interested to hear what an individual share costs, and what it might offer beyond pride. It's a shame that this is happening just when the club and its active fan-base are at a more or less thirty-year low, as it makes it that much harder to raise the funds, but this is as close as we've come in my lifetime to taking a measure of control over our club's future. I hope I'll be able to do my bit.

[Audrey]

I don’t know why, but the amount of £500 comes to mind as a share. Whether this share can be a combination of, say, 5 people funding £100 each, I don’t know.

I’d do a ton.

[suttonred]

I don’t know why, but the amount of £500 comes to mind as a share. Whether this share can be a combination of, say, 5 people funding £100 each, I don’t know.

I’d do a ton.

Likewise, maybe more if I've had a good couple of months

[RobertT]

The fan base already raises about 1.2m each spring in season ticket sales.  You'd like to think a lower premium would entice more than the season ticket base to engage, now knowing a defined end goal and target?  On top of that, I seem to remember mention of matched funding being available to a certain amount?  My credit card company will more than happily chase me for extra debt in a few months time on the Trusts behalf.  I wonder if I have to declare the foreign ownership of assets to the IRS though?  Maybe someone can set up a shell company and channel the money offshore :-)

[RobertT]

In fact, if everyone who went to watch Preston steam roller us had just put that money into this, we'd own ourselves a ground rather than having had to watch that misery!

[Legends-Lounge]

Reg. A genuine question. As a gentleman who clearly has plenty of time on his hands (& that isn't a dig but based on the amount of content you have posted on here) have you offered your services to the Trust in any way, shape or form?

Seconded. I’ll go further and ask will you be putting your Roubles where your keyboard is and investing with the trust?

[jayohaitchenn]

1,100,000 / 6000 (average attendance) is just over £180. Hardly unobtainable. I'll be buying at least one share.

[Cookie]

I'll be buying shares too.

Can't believe Reg getting stick either tbh. It is vitally important the Trust raise the necessary funds.

[pauld]

Brilliant news, congratulations to the Trust board they have potentially pulled off the most significant advancement in fan influence in running the club in decades. We must all get behind this (so long as you can afford to obviously)

[RobertT]

Don't be silly Paul.  If someone leverages themselves into bankruptcy by funding this through credit cards at 25% APR, but sings their shares over a good couple of years before the courts come calling, I'm sure it will be fine.  Actually, I have a UK credit card, could always risk them never hunting me down - I jest Amex, honestly.

[singingiiiffy]

an easy way to raise funds would be to provide some vision on the possible re-development that the trust initially talked about. A unique town end re-build I believe?

I will happily donate, but if they incorporated the above into a 'buy a brick' as an example then that is a memento that people buy into and can enjoy for years to come. a thought to put forward to people with trust contacts. 

[suttonred]

an easy way to raise funds would be to provide some vision on the possible re-development that the trust initially talked about. A unique town end re-build I believe?

I will happily donate, but if they incorporated the above into a 'buy a brick' as an example then that is a memento that people buy into and can enjoy for years to come. a thought to put forward to people with trust contacts. 

I like that idea. Name and date of first game. For those that have passed first and last games maybe.

[horlock07]

A lot of this stuff has been gone over many times on here... however here's something PaulD wrote earlier in the thread and Trust and ground stuff is something he knows a bit about..

My original response to Flasher's question of what happens if the Trust can't find the money, is answered here.  

You may regard Power as benevolent, and trustworthy of ground as well as club ownership, personally I'll carry on being sceptical.

Is it*, has it been stated that if the JV between the Trust and club fails as the Trust cannot find the cash then the ground will be automatically sold to the club alone, I haven't been party to the ins and outs of the deal but there does seem to be a lot of knicker twisting going on based on very limited information bar an insatiable need for pessimism?

* for the record as the quoting didn't pull PaulD's quote forward the question was not remotely answered there.

[Reg Smeeton]

Reg. A genuine question. As a gentleman who clearly has plenty of time on his hands (& that isn't a dig but based on the amount of content you have posted on here) have you offered your services to the Trust in any way, shape or form?

Simple answer no.  One of the great things about being retired is that you can do as much or as little as you want.

In the past I've been involved in the sort of stuff which requires meetings, agenda and minutes, so know what it's about, and it's no longer for me.

I've got a couple of projects on atm, which involve historical research, walking, cartography and generally chucking in ideas...informal, and that's how I like it.