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| Quote ="electricred"I'm a member & I know what's goin on, think anyone with common sense realise there is going to be new owners whatever happens.
It's going to be a takeover or administration so which ever, the end of the present owners & board is inevitable.
I don't want to see the end of the club, but the club as we know it won't exist & think that's why forever reds are doing the fundraising to make sure there is a club to still support when whoever takes over.
Think they have learnt from the Bradford fiasco & won't part with any money until they are sure it is going in the right place.
At least some of the fans are getting of backsides & doing something, the saying springs to mind Them that moan & do nowt shouldn't moan at all.'"
I agree with you,but other people are waiting to see what happens,and surely that's there right,some people think
we are only propping up the present incumbents.and some of these have watched this club for years.
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| Quote ="Bully_Boxer"In the interests of fairness you should also remember that the Bradford situation was somewhat different to that of Wakefield. The shareholding of the club was split and went something like a quarter to Caisley, just under a quarter to Hood, another quarter split between half dozen individuals and the rest was made up of hundreds of small fan shareholders many of whom might not even have still be alive.
Once the 500K was raised, Hood was adamant that he had further investment ready to come in. However an EGM was called by Caisley to oust Hood and he had the backing of enough shareholders to do that. So any investment he may have had was never going to succeed once Caisley called the EGM. Where we would have been it Hood had of been of successful I'm not sure. Coulby then became acting Chairman and took the club into administration.
I'm not sad to see the back of Hood or Caisley and the club does seem to be making good progress under new management. The true test will be in the next few years though.
I wish Salford the very best of luck though and fully understand the desperation and pain you're all feeling right now. You will get know it alls telling you what you should be doing but there are no guarantees that it will work out the same. We had many telling us that the supporters trust should have raised the money and bought the club. It's hard enough to get supporters to join the board to organise events for fund raising, never mind taking on the running of a SL club.
Just my personal thoughts though and I sincerely hope you find a solution and I hope to visit your ground in happier times in May.'"
You just read the genuine thoughts of one of the most sensible Bulls fans you could ever meet.
From personal (and expensive) experience, I endorse every word of what he said. Other than to add that Caisley intervened to IMO effectively totally undermine the Hood regime's efforts a day or so before the pledge deadline. One day maybe the whole truth about what really happened, and whether or not it was all engineered as part of the internecine wars, will come out.
I sincerely hope you guys do not suffer from the vermin shareholder politics that IMO destroyed Bradford. If you can avoid that corrosive corrupting internecine strife then you must have a good chance. Good luck. And ignore the know-alls from Wakey and elsewhere who know all the answers but never actrually had to do it themselves.
Oh, and I hope that those who were really responsible for what happened at Bradford rot in the very darkest, deepest pits of hell for all eternity.
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| Quote ="electricred"I'm a member & I know what's goin on, think anyone with common sense realise there is going to be new owners whatever happens.
It's going to be a takeover or administration so which ever, the end of the present owners & board is inevitable.'"
Not necessarily as Early Bath points out on another thread.
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| Quote ="electricred"
there is going to be new owners whatever happens.
It's going to be a takeover or administration so which ever, the end of the present owners & board is inevitable.
'"
Well to be honest that statement is not strictly true.
Who knows what is going on behind the scenes?
John Howard & Ian have a lot to lose if Admin/Liquidation so I would guess they will be looking at every avenue available to them. I know I would in the circumstances.
The key date is Monday January 7th when matters will crystallise I feel.
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| Quote ="Early Bath"Well to be honest that statement is not strictly true.
Who knows what is going on behind the scenes?
John Howard & Ian have a lot to lose if Admin/Liquidation so I would guess they will be looking at every avenue available to them. I know I would in the circumstances.
The key date is Monday January 7th when matters will crystallise I feel.'"
That's why it's best to not part with the cash, let them sink in their squaller.
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| If only you knew how to spell squalor you might (that's might!) have a bit more credibility.
We do know on the council/Peel proposals that the existing directors loans were to be converted to equity and transferred at zero value - I.e written off - I'm not aware of any change to that proposal.
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| Quote ="BartonFlyer"If only you knew how to spell squalor you might (that's might!) have a bit more credibility. '"
I take it you don't have urban roots
[urlhttp://m.urbandictionary.com/#define?term=Squaller[/url
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| Quote ="Philyourboots"Lance wake up will you
This is typical of FR, you have members who don't even know what's going on. Transparent my booty.'"
You really are a bellend, aren't you? I'm no Wilky lauder, in fact I hold him personally responsible for the mess we're in, and I'm uneasy about donating in the current climate. But to question the integrity of FR and the people involved? F*cking scandalous, sunshine. Still, it's easier to sit on the sidelines and snipe than try and do anything positive, isn't it?
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| Quote ="GT"You really are a bellend, aren't you? I'm no Wilky lauder, in fact I hold him personally responsible for the mess we're in, and I'm uneasy about donating in the current climate. But to question the integrity of FR and the people involved? F*cking scandalous, sunshine. Still, it's easier to sit on the sidelines and snipe than try and do anything positive, isn't it?'"
Please don't quote said bellend - what's the point of me studiously avoiding members of the cock club if you do a thing like that.
Think the obvious answer to all this to see the bigger picture ergo do people want a Salford to watch or not.
Comes down to a simple yes or no and nothing much else really.
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| You can debate the merits and pitfalls of donating money under the current climate, and I've got my own view on things. But the question I'd ask myself is this...
If we hold onto our hard earned cash because we're skeptical of how it will be used, we may end up having no Club at all. It would be a shame to look back with hindsight in a few months time and say that you'd wished you'd put that few quid in when you could.
On the other hand, it may be just throwing into the wind and the inevitable is going to happen anyway.
The big question is which way you're going to lay your bets on this big money game?
Surely it's better to try regardless of circumstances than not try at all... After all, it's the Club we want to save. The people running it will change soon enough, but if the Club goes it goes for good, regardless of what may or may not happen if the Club was to be reborn in a different guise. Which I think, if it happens, would mean the death of any ideas of top flight RL in my lifetime.
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| All well.and good TB , but when you really are looking at giving the max you can afford despite monetary restrictions already ( I'm sure the majority of us have better things to spend the spare cash on) then its even more important that the money isn't being thrown away.
As I mentioned on fb. For my money I will expect full clarity from the board on what is owed, who to and full details of the robust plan. I would also, without exception, expect a place on the board for the supporters trust. Failure in any of this then my limited and very hard earned money stays in my account.
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| Quote ="Bonita Red"If JW comes out and says that paying off the winding up order is a good use for spending supporters hard earned cash,I'll concede the point.'"
I get the impression that it will be what is required to please the players and coaching staff - it will also buy some time until further monies are found.
I did read recently that Mr Glover,at Wakefield,where the only followers,prior to this thread being started,have demonstrated any empathy and sympathy for SCR fans,paid three hundred thousand pounds of another persons debt when he took over WTW.
Forever Reds are retaining the money.
Can we just donate,please ?
We need to show the same loyalty to the cause as demonstrated by the coaching staff and the players.
Don't waste energy on what cannot be changed.
No one likes us ! Just show that WE care.
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| What a lot of people are still waiting for is a answer to the question of where this money is going, this has still not been given.
I would rather start up the club from scratch as I have said previously than pay off two players one of whom did not fulfill the terms of his contract anyway.
If FR have raised nearly 30K in just over a week and also at a time when most people are skint, what the fook have JW and the board been doing for the past 6 months !
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| Quote ="Prestwich Red"What a lot of people are still waiting for is a answer to the question of where this money is going, this has still not been given.'"
Regarding the foundation fund, it could be anything. Anything that helps the current company afloat. Does that include paying the petition amount if it came to it? Probably. It's likely we are not going to know in advance. This is where Salford fans are split: between those who are willing to clear a portion of the club's liabilities if there's a chance of survival and those who are sceptical that the money will go to waste regardless. A leap of faith.
As I wrote earlier, you have four options:
1. Donate what ever you can to the Salford City Reds Foundation Appeal. Bear in mind, this money may go towards saving the club. It may also go down a black hole.
2. Join FR, donate to FR and protest at a later date. This money is protected and you have a say where it is spent.
3. Modest donation between the two: attend a fundraising event, join FR, go to the Swinton match, chuck a few coins in any collections.
4. Do nothing.
I'm doing number 3. Either way, Forever Reds is going to have a big say in both scenarios: performing CPR to this terminal club and creating a new one if it comes to it.
Quote ="Prestwich Red"I would rather start up the club from scratch as I have said previously than pay off two players one of whom did not fulfill the terms of his contract anyway.'"
Bear in mind, this isn't a piece of cake. And if it's left to us, we'd be behind Swinton for a considerable amount of time. I'd help make it happen but many others wouldn't — including some on here who flippantly say they would.
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| Quote ="Chico".....
As I wrote earlier, you have four options:
1. Donate what ever you can to the Salford City Reds Foundation Appeal. Bear in mind, this money may go towards saving the club. It may also go down a black hole.
2. Join FR, donate to FR and protest at a later date. This money is protected and you have a say where it is spent.
3. Modest donation between the two: attend a fundraising event, join FR, go to the Swinton match, chuck a few coins in any collections.
4. Do nothing.
........'"
Chico, thanks for the summary - you've made it very clear to all (mind you there's none so blind as them as won't see!)
I've promised to donate via option 1 - and I appreciate it may be lost - What would be most helpful would be some form of statement from the RFL about these alleged investors, in particular what is their attitude towards a supporters trust, especially one which may well have paid off the winding up order and left them something to invest in!!
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| Quote ="Chico" I'd help make it happen but many others wouldn't — including some on here who flippantly say they would.'"
I hope that is not aimed specifically at me, there is enough backbiting and inane comments on here at present.
I would happily give my time to help the formation of a new club.
As for the options I will attend the Swinton game and any fund raising events that are held.
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| Quote ="Chico"
2. Join FR, donate to FR and protest at a later date. This money is protected and you have a say where it is spent.
'"
Not technically true. If you donate to FR your money will go towards paying off the current regimes 60k WuP bill exactly the same as option 1 only difference is, it's via another channel, allowing Mr Salford to trade again.
Having a say in where the money goes means nothing if your all for regime change due to the overwhelming majority of the votes will be trying to save Wilkys bacon.
And I see Bill Taylor with his snide remarks the other day backing The Bradshaws up, is this the same Bill Taylor in charge of Urban Vision at one point. Well well well talk about urining in the same pot.
Happy New Year folks get them donations in Mr Salford is waiting for his WUP to be paid. #mugs
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| Quote ="BartonFlyer"Chico, thanks for the summary - you've made it very clear to all (mind you there's none so blind as them as won't see!)
'"
Another flippant not needed comment.
A supporters trust Christ we cant even act decently on the forum !!
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| Quote ="Prestwich Red"I hope that is not aimed specifically at me, there is enough backbiting and inane comments on here at present.'"
It wasn't aimed at specific people.
Quote ="Philyourboots"Not technically true. If you donate to FR your money will go towards paying off the current regimes 60k WuP bill exactly the same as option 1 only difference is, it's via another channel, allowing Mr Salford to trade again.'"
No. There are two different pots here. Any money donated to the Trust can't be used to pay off another company's debt. It needs to be accounted for properly; a good cause in effect. That's why, I assume, the Foundation Appeal has been set up to circumnavigate that legislation for those that want to go down that route.
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| I have a question.
If we as [urlFANS[/url (I underline that as some seem to struggle with the concept of being a fan) raise the £60k and pay off the WUP but the club still goes to the wall will the people who would benefit most from the club going to the wall (IE the new owners) offer FR some form of debenture to show good faith for the fans efforts?
I know that this forum is monitored by the people who make the decisions and some form of gesture if this scenario were to transpire would be a wonderful indication that the fans voice is going to be heard and taken into account.
Or they could just pay Shirley more to keep Theo well fed on Lobster Thermidore and Verve Cliquot
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| I think a lot of people look to 12 months at Bradford Bulls and see £500 going the way of debts.
So what is the payoff?
The forever reds does seam the more reasonable route to go for those fans who do not wish to end up just paying off debts to then see the club fold anyway because of further outstanding liabilities.
However if one of the fund raising activities is a game I would treat that as slightly different to just donating money. If the money from a game goes to paying off debts, if it was my club in the mire, whilst the money may end up just paying off debts at the very least you get a game out of it, it's not like donating with no return.
As an outsider I would not wish it on any set of fans, but I can also understand the suspicions about donating money into a black hole.
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| Quote ="Michigan red"
Or they could just pay Shirley more to keep Theo well fed on Lobster Thermidore and Verve Cliquot
'"
It'd be an improvement on the diet of fray bentos pies, oven chips and processed peas with bisto gravy she gives him nowadays
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| Quote ="Fungus The Muffin Man"It'd be an improvement on the diet of fray bentos pies, oven chips and processed peas with bisto gravy she gives him nowadays
'"
Hey!! Don't knock it he's not got that six pack & muscles eating that pasta & salad garbage
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| Quote ="Fungus The Muffin Man"It'd be an improvement on the diet of fray bentos pies, oven chips and processed peas with bisto gravy she gives him nowadays
'"
Hey!! Don't knock it he's not got that six pack & muscles eating that pasta & salad garbage
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| Apologies if I've missed something whilst skipping through the turd on here, but has the online donation been sorted yet? Either PayPal or bank details for a transfer? If I leave it to writing a cheque I'll never sort it...
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