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| Quote ="Wellsy13"First, I never said they were.
Second, what does having wind-up orders have to do with relocating? Did the wind-up orders get covered? Was there any real danger that Wakefield would be wound up? It was always going to get paid.
Going to Widnes was cheaper for Saints, yet they did not go there ASAP.
Going to Oakwell is a risk. It might be cheaper, but they may get less income. This is why they will have wanted to avoid taking the risk. They need to keep the team in the city for the sake of the fans, and any move should only be a last resort.
=#FF0000:2qgo3tfhI don't find it hard to believe that a rented ground could be cheaper than maintaining an extremely run-down ground.[/
If you take away the revenue streams available in your own ground then it is massively more expensive to rent
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| Quote ="Ceejames"[Given the winding up orders and now the suggestion that they need a £350k loan or need to raise £500k in a month! That may have been a smarter option'"
There are a lot of smarter options than announcing you're going to step down at the end of the year before the season even starts!
Quote ="Ceejames"[The first part of the 'plan' is to avoid going bust by chasing pipedreams - this appears to be a real possibility...but at least sticking to SL will appeal to a few 'macho' business types, morons and dreamers. '"
I would hardly call maintaining a SL place that they already have (and have had for over a decade) a pipe dream.
But, still, you haven't answered the question...
Quote ="Ceejames"[Gosh are they playoing in 2 stadia or in one that floats between 6 and 10 miles away?'"
Trying to divert from answering another question, are we?
Nobody knows where they will be playing, and the nearest stadiums are between 6 and 10 miles away from Belle Vue: Fev (6), Dewsbury (6), Batley (icon_cool.gif, Castleford (9), and Barnsley (10).
I'm sure you already knew that, but just didn't want to give away your amazing master plan for Wakefield.
Quote ="Ceejames"[Glad you are now comfortable with speculating'"
Another diversion from actually replying to the point...
You've gone a bit quiet!
Quote ="Ceejames"[they have little future in SL if they go bust. This is possible...I speculate'"
Will they go bust though? They could go bust in the Championship too. They are having money troubles, just like other SL clubs are having, have had, and will look to come out of. They are more likely to find investors if they are still in the SL than they are in the Championship.
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| Quote ="Wellsy13"There are a lot of smarter options than announcing you're going to step down at the end of the year before the season even starts!
I would hardly call maintaining a SL place that they already have (and have had for over a decade) a pipe dream.
But, still, you haven't answered the question...
Trying to divert from answering another question, are we?
Nobody knows where they will be playing, and the nearest stadiums are between 6 and 10 miles away from Belle Vue: Fev (6), Dewsbury (6), Batley (icon_cool.gif, Castleford (9), and Barnsley (10).
I'm sure you already knew that, but just didn't want to give away your amazing master plan for Wakefield.
Another diversion from actually replying to the point...
You've gone a bit quiet!
Will they go bust though? They could go bust in the Championship too. They are having money troubles, just like other SL clubs are having, have had, and will look to come out of. =#FF0000:1mwswh9wThey are more likely to find investors if they are still in the SL than they are in the Championship.[/
Nobody invests in the Championship
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| Quote ="Starbug"If you take away the revenue streams available in your own ground then it is massively more expensive to rent'"
Totally depends on how much they're spending maintaining their own ground, what revenue streams they have available at their own ground, what revenue streams they'll have available at this ground, what sort of deal they can strike up, etc.
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| Starbug, will you learn to quote properly! You're getting harder to reply to!
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| Quote ="Wellsy13"First, I never said they were.
Second, what does having wind-up orders have to do with relocating? Did the wind-up orders get covered? Was there any real danger that Wakefield would be wound up? It was always going to get paid.
[Are you so hard of thinking? If the myth that being at oakwell was true then a club on the financial brink would be idiotic not to move. However smart people know okwell will cost much more. Yes there was a huge danger that wakey would go bust. A rapidly paid transfer fee for atkins + Sir Rodney's donation saved the day. Try some research rather than come up with nonsense like "it woud always..get paid"
Going to Widnes was cheaper for Saints, yet they did not go there ASAP.
Going to Oakwell is a risk. It might be cheaper, but they may get less income. This is why they will have wanted to avoid taking the risk. They need to keep the team in the city for the sake of the fans, and any move should only be a last resort.
I don't find it hard to believe that a rented ground could be cheaper than maintaining an extremely run-down ground.
[the fact you do not find it hard to believe shows how ignorant you are e club running costs
'"
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| Quote ="Wellsy13":3hrlvbyzTotally depends on how much they're spending maintaining their own ground, what revenue streams they have available at their own ground, what revenue streams they'll have available at this ground, what sort of deal they can strike up, etc.'"
Corporate will be either non existent or at least much more expensive as to make it non existent
Not sure but didn't Wakefield rent out BV to a footy club as well ?
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| Quote ="Starbug"Doubtful they'll get
Beer/food sales
Stadium advertising
Stadium naming [ although that particular goose isn't laying any more eggs
Corporate will be either non existent or at least much more expensive as to make it non existent
Not sure but didn't Wakefield rent out BV to a footy club as well ?'"
Like I say, I have no idea how much they will get or what it will cost them. If BV costs an arm and a leg to maintain (rendering a lot of the income they're getting from staying their hard work for little benefit) then it could be possible.
I personally agree, I wouldn't think it would be cheaper. But neither of us know, so can't say for sure it wouldn't be. Especially if someone at the club saying it could be cheaper. You'd think they were more in the know than someone on an internet messageboard with an agenda.
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| Quote ="Wellsy13"There are a lot of smarter options than announcing you're going to step down at the end of the year before the season even starts!
[To someone as confused as you, that is probably true
I would hardly call maintaining a SL place that they already have (and have had for over a decade) a pipe dream.
But, still, you haven't answered the question...
[The club has sold assets just to struggle by. Survival as been at an enormous cost to anyone with a basic knowledge of club finances. They have sold their ground to keep plodding by and gone into a CVA etc and now they face extinction. That matters little to you.
Trying to divert from answering another question, are we?
Nobody knows where they will be playing, and the nearest stadiums are between 6 and 10 miles away from Belle Vue: Fev (6), Dewsbury (6), Batley (icon_cool.gif, Castleford (9), and Barnsley (10).
[Why just RL clubs and oakwell? Pick one. Castleford
I'm sure you already knew that, but just didn't want to give away your amazing master plan for Wakefield.
Another diversion from actually replying to the point...
You've gone a bit quiet!
Will they go bust though? They could go bust in the Championship too. They are having money troubles,
[Money troubles! they have gone to the RFL for a 3350K loan. They are trying to raise £500K in 3.5 weeks through a share sale.
just like other SL clubs are having, have had, and will look to come out of.
[please try and wise up to what is happening at wakey
They are more likely to find investors if they are still in the SL than they are in the Championship.
[put simply the investment in SL will fall well short of the 'running costs in SL'. But the investment, while lower, in C1 will be closer to the C1 running costs and thus make the club more viable. I cannot be bothered trying to dump stuff down for you any further.
'"
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| Quote ="Starbug"Doubtful they'll get
Beer/food sales
Stadium advertising
Stadium naming [ although that particular goose isn't laying any more eggs
Corporate will be either non existent or at least much more expensive as to make it non existent
Not sure but didn't Wakefield rent out BV to a footy club as well ?'"
Spot on.
Plus wakey played many U20s / U18s games at BV. They will have to pay to play those games elsewhere.
wellsy13 does not have the foggiest idea about stadium costs.
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| Quote ="Wellsy13"Like I say, I have no idea how much they will get or what it will cost them. If BV costs an arm and a leg to maintain (rendering a lot of the income they're getting from staying their hard work for little benefit) then it could be possible.
I personally agree, I wouldn't think it would be cheaper. But neither of us know, so can't say for sure it wouldn't be. Especially if someone at the club saying it could be cheaper. You'd think they were more in the know than someone on an internet messageboard with an agenda.'"
They will not be including revenue streams , just costs , thats what RL club owners do
So yes it will be cheaper to pay a single rental than pay the wage bill for keeping BV open and safe , but the income they make from BV will not come into their equation , they ' kid ' themselves , trust me , that is the way they think
The ' cost ' to Leigh to play at the LSV is less than the cost of maintaining Hilton Park , but we've lost hundreds of thousands in ' income '
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| Quote ="Ceejames"[Are you so hard of thinking? If the myth that being at oakwell was true then a club on the financial brink would be idiotic not to move. However smart people know okwell will cost much more. Yes there was a huge danger that wakey would go bust. A rapidly paid transfer fee for atkins + Sir Rodney's donation saved the day. Try some research rather than come up with nonsense like "it woud always..get paid" '"
Did it get paid? Did they find a way to get it paid? I'll play your question game here. They had assets to sell to get the payment made. It was always going to get paid one way or another. It had in the past. It did then. And if it happens in the future it probably will then too. Not ideal, but it got done.
How many established clubs in financial trouble have moved towns without it being a last resort?
Quote ="Ceejames"[the fact you do not find it hard to believe shows how ignorant you are e club running costs'"
An accusation of ignorance coming from the business mastermind "let's tell our customers we've no desire to stay in the league after this year. I'm sure they will understand"
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| Quote Quote ="Wellsy13"Did it get paid? Did they find a way to get it paid? I'll play your question game here. They had assets to sell to get the payment made. It was always going to get paid one way or another. It had in the past. It did then. And if it happens in the future it probably will then too. Not ideal, but it got done.
How many established clubs in financial trouble have moved towns without it being a last resort?
An accusation of ignorance coming from the business mastermind "=#FF0000let's tell our customers we've no desire to stay in the league after this year. I'm sure they will understand"
'" '"
Welcome to the world of ' licencing ' this is where we are in the Championships , tell me what we will have to ' sell ' to our ' customers ' after this season when the RFL dont guarantee a SL spot in 2015 ?
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| Quote ="Starbug"Welcome to the world of ' licencing ' this is where we are in the Championships , tell me what we will have to ' sell ' to our ' customers ' after this season when the RFL dont guarantee a SL spot in 2015 ?'"
Championship Rugby League! not everyone can be in SL, so you need to find another selling point than you might be in SL, you probably wont and if you are it will be for a very short time but you might.
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| Quote ="Ceejames"[To someone as confused as you, that is probably true'"
Desperate now, aren't you.
Quote ="Ceejames"[The club has sold assets just to struggle by. Survival as been at an enormous cost to anyone with a basic knowledge of club finances. They have sold their ground to keep plodding by and gone into a CVA etc and now they face extinction. That matters little to you.
Yet you still haven't said how this master plan of yours will work? You seem to assume that the club (which you have continuously told us is struggling financially) will make it to the end of the season with a damning statement of their intention to leave the league with no desire to fight and stay in it? Do you really think the fans and investors will flood in after that?
And you're the business expert?
Quote ="Ceejames"[Why just RL clubs and oakwell? Pick one. Castleford'"
I'm not in charge! It's not my job to tell Wakefield where they will be playing in 2012!
And what other stadiums of quality are close to Wakefield?
Hence why I said they'd be playing 6-10 miles away (i.e. a stadium between 6 and 10 miles away, just in case I needed to break it down further for you as you clearly seem to be struggling with this very simple point).
Quote ="Ceejames"[Money troubles! they have gone to the RFL for a 3350K loan. They are trying to raise £500K in 3.5 weeks through a share sale. '"
And they might get it. They might not. They may find a brand new investor that takes them over and rebuilds the club. There's far less chance of that happening outside of SL. Not if they don't have any assets.
Quote ="Ceejames"[please try and wise up to what is happening at wakey'"
Try and wise up as to what has been happening in RL for years.
Quote ="Ceejames"[put simply the investment in SL will fall well short of the 'running costs in SL'. But the investment, while lower, in C1 will be closer to the C1 running costs and thus make the club more viable. I cannot be bothered trying to dump stuff down for you any further.'" '"
So they're going to Championship 1 now? Yes, that announcement will really go down well with the fans!
You make it seem like it's easy for clubs to get by in the Championship. The reality is, if Wakey go down they'll struggle just as much, if not more, in that league due to not having a ground. They might have managed in 2009 with their own ground, but will struggle to get fans to travel a further distance to watch a lower standard of rugby than they are used to. That's the reality of it.
They will struggle massively if they go down. I doubt they'll even make it to the Championship if they do what you think they should do and announce it as their intention!
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| Quote ="Starbug"Welcome to the world of ' licencing ' this is where we are in the Championships , tell me what we will have to ' sell ' to our ' customers ' after this season when the RFL dont guarantee a SL spot in 2015 ?'"
The same as you sold the season before and the season before that?
It's easier to sell what you have already been selling to people than it is to sell something of a lesser quality to those you have been selling higher quality stuff to. It's not as if they're telling you they're not aiming for SL. And even if you did, it's not exactly a backwards step if you're not there already.
I doubt Batley's lack of intention to apply for a SL place will bother their fans. I think they're happy to accept that they will probably never be a big enough club to get there and have found their level.
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| Quote ="Wellsy13"Desperate now, aren't you.
[Not at all but you are sadly ignorant
So they're going to Championship 1 now? Yes, that announcement will really go down well with the fans!
[As opposed to going out of existence i think it would be welcome. Of course they would prefer a successful SL team to a successful C1 team. However, in the real world, that is not the alternative that is avaiaible
You make it seem like it's easy for clubs to get by in the Championship.
[Do not resort to misrepresenting what I am saying...it demeans you
The reality is, if Wakey go down they'll struggle just as much, if not more, in that league due to not having a ground. They might have managed in 2009 with their own ground, but will struggle to get fans to travel a further distance to watch a lower standard of rugby than they are used to. That's the reality of it.
[Yet they will have far lower costs and maybe some assets from the sale of bv. A better chance for being viable
They will struggle massively if they go down. I doubt they'll even make it to the Championship if they do what you think they should do and announce it as their intention!
[Doubt whatever you like. This weeks announcements are a farce
'"
Do you think putting £1000 into wakey as an investment for some unspecified miniscule share of the club is a good financial deal?
On business grounds, given the umpteen unanswered questions re this arrangement, do you think this is a good deal?
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| Quote ="Ceejames"I cannot be bothered trying to dump stuff down for you any further'"
Quote ="Ceejames"Do you think putting £1000 into wakey as an investment for some unspecified miniscule share of the club is a good financial deal?
On business grounds, given the umpteen unanswered questions re this arrangement, do you think this is a good deal?'"
well that did not last long did it, on the face of it he has made you look less knowledgable than he is and it looked like you had spit your dummy out and was not going to bother anymore, but some of us know differently btw he wont fall for it as soon as he reads your post he will realise you have asked him the same question twice but put differently, nothing new there though, a bit like all the rest of those posts on here re Wakey you have put on
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| Quote ="chissitt"icon_eek.gif well that did not last long did it, on the face of it he has made you look less knowledgable than he is and it looked like you had spit your dummy out and was not going to bother anymore, but some of us know differently
btw he wont fall for it as soon as he reads your post he will realise you have asked him the same question twice but put differently, nothing new there though, a bit like all the rest of those posts on here re Wakey you have put on
'"
Who'd a thought that when i asked about wakey requesting advances from the RFL that days later wakey announce they went to the RFL cap in hand for.....£350,000. Imagine my surprise
Do you think £1000 is a sound financial investment in wakey?
Would £500k be enough to revitalise the club or just to stagger through the season?
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| Quote ="Ceejames"Who'd a thought that when i asked about wakey requesting advances from the RFL that days later wakey announce they went to the RFL cap in hand for.....£350,000. Imagine my surprise
Do you think £1000 is a sound financial investment in wakey?
Would £500k be enough to revitalise the club or just to stagger through the season?'"
stay on topic please
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| Quote ="MOPSEY LIVES ON"stay on topic please'"
Do you think wakey will raise the £500K in 25 days? Why is the money needed so quickly?
If the money were raised how quickly would Ted R leave?
What would happen to his shares?
How on earth would a new bod be created? Who would decide how this would be done?
Has any of the above been explained to fans as a matter of courtesy?
If the money is not raised and wakey enter administration will there be any point even pretending to apply for SL status?
It is not looking good for wakey!
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Quote ="Ceejames"Do you think wakey will raise the £500K in 25 days? Why is the money needed so quickly?
If the money were raised how quickly would Ted R leave?
What would happen to his shares?
How on earth would a new bod be created? Who would decide how this would be done?
Has any of the above been explained to fans as a matter of courtesy?
'"
Well one question at least …
Quote When the figure of £500,000 is reached a Shareholders meeting will take place and you will have the opportunity to nominate and vote a new Board to run the club going forward'"
www.wakefieldwildcats.co.uk/2011 ... re-scheme/
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Quote ="Ceejames"Do you think wakey will raise the £500K in 25 days? Why is the money needed so quickly?
If the money were raised how quickly would Ted R leave?
What would happen to his shares?
How on earth would a new bod be created? Who would decide how this would be done?
Has any of the above been explained to fans as a matter of courtesy?
'"
Well one question at least …
Quote When the figure of £500,000 is reached a Shareholders meeting will take place and you will have the opportunity to nominate and vote a new Board to run the club going forward'"
www.wakefieldwildcats.co.uk/2011 ... re-scheme/
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Thanks.
Assuming that all 500 'approx' would wish to vote + current shareholders (less current bod) this will take a fair bit of organising and time. Getting nominations in, getting a brief on all those wishing to stand to the shareholders, allowing time for consideration / giving notice for appropriate meetings will certainly take a while.
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Thanks.
Assuming that all 500 'approx' would wish to vote + current shareholders (less current bod) this will take a fair bit of organising and time. Getting nominations in, getting a brief on all those wishing to stand to the shareholders, allowing time for consideration / giving notice for appropriate meetings will certainly take a while.
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| Quote ="Ceejames"Do you think wakey will raise the £500K in 25 days? Why is the money needed so quickly?
no were skint
If the money were raised how quickly would Ted R leave?
he wouldnt and who believes he would are thick
What would happen to his shares?
he still own them
How on earth would a new bod be created? Who would decide how this would be done?
who cares
Has any of the above been explained to fans as a matter of courtesy?
no and it wont be
If the money is not raised and wakey enter administration will there be any point even pretending to apply for SL status?
no
It is not looking good for wakey!'"
you dont say
now il get ready for the same questions in 20 different ways
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Rank | Posts | Team |
Club Owner | 33944 | No Team Selected |
Joined | Service | Reputation |
Mar 2004 | 21 years | |
Online | Last Post | Last Page |
Mar 2016 | Mar 2016 | LINK |
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TO BE FIXED |
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| Quote :25nphzb1Quote ="Wellsy13":25nphzb1=#FF0000:25nphzb1The same as you sold the season before and the season before that?:25nphzb1It's easier to sell what you have already been selling to people than it is to sell something of a lesser quality to those you have been selling higher quality stuff to. It's not as if they're telling you they're not aiming for SL. And even if you did, it's not exactly a backwards step if you're not there already.
I doubt Batley's lack of intention to apply for a SL place will bother their fans. I think they're happy to accept that they will probably never be a big enough club to get there and have found their level.'" :25nphzb1'" will start to wither and die , which in itself isn't a big problem for anybody except those clubs and the fans of those clubs
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