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| cj, what are your thoughts regarding the argument about the rental formula? I don't understand why that is being cited as being the deal-breaker in this whole affair.
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| Quote ="cj01@Town"Sorry if this sort of post appears elsewhere - I'm not familiar with your Board.
I am very concerned with the rift between Town fans and Giants' fans over the shares issue. I firmly believe that we should be in this together, because the fears and concerns we have should, in our opinion, be shared by you.
Let's get one thing straight. This is not an anti-Ken Davy post. When Town came out of administration it was thanks to Ken, and, he then put a lot of money into Town. For that, I and many fans are still grateful to him. However, as you know, he later transferred Town's 40% shares in the stadium to his company. He didn't tell anyone, and it didn't come to light until applications under the Freedom of Information Act were made. That is what caused some Town fans to be suspicious, until this day, about Ken's motives. But I'm not concerned about that, and, I would respectfully suggest, neither should you be.
When the transfer became public Ken gave as his reason for the transfer, making the shares safe from any future creditor and he said "I've moved the shares to protect them until the club is stable". I don't know when he moved the Giants' 20% shares to his own company, or why, or what he said was the reason for doing it. But the fact remains that Ken now owns the shares of both clubs, 60% of the stadium shares.
Now we have a number of reasons why we believe the Town shares (and, for that matter, the Giants' shares) should be returned to Town (and the Giants).
Firstly, the stated reasons for transferring the shares no longer applies. The football club is stable, owned by someone who is believed to be more wealthy than Ken. We don't know the reason(s) he retains the Giants' shares.
Secondly, the new owner, Dean Hoyle, is now on public record as saying that when he recovers the Town shares he will put them in trust so that they will be protected for the football club forever. That removes any suspicion that he wants them in the hopes of future profit from them. (It should be noted that some believe Ken's reluctance to return the shares is based on a desire to make profit from them, or the return of them. Whether or not that is true, the same charge cannot possibly be leveled at Dean.)
Thirdly, the possession of 60% of the shares in one person, or company, WHOEVER may be that person or company, is a dangerous situation to be in. If the shares move (by reason of sale or inheritance) to someone else who has no interest in either club and /or has no local ties or interests and/or has not stated to have the best interests of either club at heart, then both clubs will as now, have no say in what happens to the stadium (it's regarded as prime building land), will not receive any financial benefit from the running of the stadium, and then, would have an absentee landlord.
Fourthly, the present split of 60-40 flies in the face of the original intent of the "community benefit" of the original split of 40-40-20. Kirklees Council, only yesterday, said that they were anxious to return to the original 40-40-20 split, and would do everything they could to bring that about.
Fifthly, if the Stadium Company goes under, both clubs would be homeless and KMC could be faced with huge debts to pay off, which should worry us all as club supporters and council tax payers. KSDL could, in our view, do more to make itself profitable (e.g. concerts) but it relies heavily on the financial input from both clubs, although factually, 70% plus from the football club. KSDL needs to have BOTH clubs supporting it financially, but at the moment neither of our clubs gets any financial benefit from supporting KSDL. We both would if we had our shares back.
Those of us spearheading the "Return the shares for £2 - Do the right thing" campaign are trying hard to discourage anyone and everyone from turning it into a hate Davy camp versus a love Davy camp. We are arguing simply on the the basis of morals, logic and what is best for both clubs.
I would urge you to do the same as I have done. Step back from feelings of disquiet about Ken Davy, or support of Ken Davy, and look at the issues I have raised dispassionately and objectively. If you do I hope that you will agree with us that each club ought to have it's own shares back (and ideally both sets of shares to be put into trust where nobody take them away again) and that there is no moral or logical reason for that not to happen.
Sorry about the length of the post - it's a difficult situation. I hope that on reflection you will be persuaded by these arguments, not be swayed by those who blindly hate, or love, Ken Davy, or Dean Hoyle, and join us in our campaign to do right by both clubs.'"
Thank you for your clarification.
I have in my posts tried to remain objective and impartial and have only gone on the facts given by the statements made. Even though I have posted on a Giants forum doesn't mean I'm in Davy's camp. I have no reason to distrust him either afterall I clearly remember how close the whole stadium setup was to failing in 2003.
The divide is not being made by Giants fans as I can assure you they are a very passionate and reasonable set of supporters and it was them and their open arms attitudes that endeared me to become a Giants supporter! In that same time though I have also followed Town up and down the country and have encounted unfriendly attitudes by fellow Town fans towards any incomers! Thats not to say I have not made very good friends because I have and had a lot of fun travelling with them following Town, my dad's side of my family is full of passionate town fans who have worked for the club for many many years! I'm also not slating most town fans either as I know they can be just as passionate about their team, I only have a problem with the few that take their passions beyond the pitch and get involved in matters that really don't concern them regardless how they portray that we should be concerned! And make us believe facts that aren't factually correct!! And am embarrassed by the whole sherbang, do the right thing should be aimed at accepting Davy's turnaround thanking him financially for taking the risk and moving on getting the share formula back to how it was when the stadium idea became a reality! And not sniping at the fact he got it for a price anyone could've picked it up at!
I followed the build of the stadium with enormous vigour I was just as passionate about the project as the masterminds. I am enormously proud of the stadium and have often joked that I could get those concerts profitable and get the place jumping again. So am saddened with all this rigmorole especially when both clubs are on the up!!!
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| Quote ="Baron Greenback"cj, what are your thoughts regarding the argument about the rental formula? I don't understand why that is being cited as being the deal-breaker in this whole affair.'"
Dean Hoyle is on record as saying that there is a good argument for returning the rental formula to the original 13/13. He accepts that it was changed to 15/13 (unilaterally by Ken Davy) as a way of advantaging Town when they were struggling financially.
To cut as long story short, Dean Hoyle, I believe, thinks the change in the rental agreement was NOT part of the February 2010 agreement to transfer the shares back to Town. When the disagreement arose, Ken said the rental agreement was not part of the share transfer agreement and Dean said Ken was making it part of the shares deal.
Taking Ken at his word (not part of the shares deal) Dean said, OK let's do the shares deal as agreed in Feb 2010 and go to arbitration over the rental agreement. Ken refused to go to arbitration, refused to agree the deal before the John Harman deadline and everything collapsed.
Dean Hoyle would say, I believe, that the attempt to change the rental agreement was just an attempt to change the terms of the 2010 agreement, and therefore, whatever the monetary value, it was wrong in principle and so he wouldn't agree. No doubt Ken would say different.
Our attitude is we don't know what happened (although to be fair, we do tend to side with Dean) and we don't particularly care. There's not a lot of mileage in taking one side or the other, whatever happened in the past, we want the shares (of both clubs, but particularly Town's) returned to the club(s), and have them put beyond reach and safe.
Dean says it was just one more thing he'd have to pay for and it was a step too far. It doesn't really matter now because as I understand it the Feb 2010 deal has expired now, let's get the shares returned.
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| Which is why I state why protest as the deal will still go ahead with the rental formula and financial package in Davy's favour but all done under the table away from prying eyes! So everyones happy!!
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| what town fans seem to forget here is we aren't interested in what ken did or didnt for town, he has done wonders for this rugby club and for that we will ALWAYS be grateful and hold ken and his family in high regard!!
no amount of pleading begging or bullying is going to make people on here suddenly turn against 'Sir Ken' because a bunch of football fans have been nudged by their chairman to kick off over this.....the situation to me is simple........Ken owns the shares, if HTFC/dean hoyle or whoever else wants them then BUY THEM OFF THE PERSON WHO OWNS THEM !!!!
use the money you save on pies /coffees etc due to your 'boycott', to put into a fund, stop giving 'free' t-shirts away to protest and use that money, which will have cost the company who made them , into same fund, save the money you were going to use to buy admission to a giants game to protest and use that towards helping the issue......if not then let the money men deal with it !
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| @cj01
Long post
Short on facts and accuracy.
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| Quote ="Code13"@cj01
Long post
Short on facts and accuracy.'"
Nowt new there then
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| All this bile and venom being aimed at Sir Ken has only made me more determined than ever to let him know that some people do appreciate what he has done for sport in this town.
Therefore when he takes up his seat with Lady J. before the start of our first home game, I will stand and applaud the man. Anyone else in the Riverside would like to join in, please feel free.
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| These town fans keep banging on about `morals and ethics` i`m sure thats how the god like hoyle one made his millions eh? nowt to do with buying and selling businesses for profit. Again morals and ethics in football where you chop the bloke down if he has the temerity and skill to get round you with a ball and should you miss him he`ll go down like he was shot anyway . bunch of ingrates.
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| Quote ="keefie"All this bile and venom being aimed at Sir Ken has only made me more determined than ever to let him know that some people do appreciate what he has done for sport in this town.
Therefore when he takes up his seat with Lady J. before the start of our first home game, I will stand and applaud the man. Anyone else in the Riverside would like to join in, please feel free.'"
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| For those on Twitter:
#oneKenDavy
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| Quote ="PBGIANT"For those on Twitter:
#oneKenDavy'"
get it trending!
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| Been trending all afternoon!
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| Mr Clibbens has responded on the Examiner article basically slating him for doing so saying Negotiating through the papers is not the way they do their business! Well does that mean you condone the protests? Are you happy that misinformation is being passed around? Happy that some supposedly confidential information whether correct or not is being used as ammo in these protests? Because there's nothing official being said of the clubs position relating to the fans protest!
Anyway I'm done with all of this somethings not right there's more to it only time will tell!!!
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| good to see the town fans have turned out in numbers again, no doubt the "official attendance" will be 13,500 ish when there is probably no more than 11,000 there.
still the green t-shirts look nice as do the anti davy scheisse they are spouting!
come on brentford!!!
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| There weren't very many wearing those green shirts anyway....it was pathetic that they chose a colour that would match the stewards' coats thereby giving an inflated appearance of the depth of support their "grievance" actually has.
A total misfire as a "protest".
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| if i was ken davy i'd say the deal is off im keeping the shares, what can they do then?
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www.soldfor2quid.com/
Funny, Ken invested millions into saving that club. He's not looking for profit, but the least he can expect to get his money back from Dean Hoyle. If it wasn't for Ken, Hoyle wouldn't have a club to bankroll
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www.soldfor2quid.com/
Funny, Ken invested millions into saving that club. He's not looking for profit, but the least he can expect to get his money back from Dean Hoyle. If it wasn't for Ken, Hoyle wouldn't have a club to bankroll
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| Quote ="Mable_Syrup"www.soldfor2quid.com/
Funny, Ken invested millions into saving that club. He's not looking for profit, but the least he can expect to get his money back from Dean Hoyle. If it wasn't for Ken, Hoyle wouldn't have a club to bankroll'"
perfectly put. i presume ken isnt doing this to make vast profits, just to safe guard sports in huddersfield and get his outlay back. if mr hoyle was such a passionate fan for so long why didnt he buy the shares for £2 when the club were going bust?
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| Quote ="adelaide-giant.no9"perfectly put. i presume ken isnt doing this to make vast profits, just to safe guard sports in huddersfield and get his outlay back. if mr hoyle was such a passionate fan for so long why didnt he buy the shares for £2 when the club were going bust?'"
This is the whole point....if Spartacus Hoyle is such a dyed in the wool Terrier then where was he when the club was going down the drain?
It was Ken Davy who took the risk and saved the club when someone had to step forward. And these individuals are maligning Davy now? Unbelieveable.
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| He had the funds too back in 2003 but he wanted to make his millions selling cheap cards and watch his beloved club fail!
One thing of note he's told this lot not to let it get personal, yet that website has not one line of positive or gratitude towards Ken Davy, it's vile and inaccurate and puts the man down at every opportunity. Though he said if he was just still just a fan he'd have been wearing the tshirt last night, but I feel what he's saying is just to please those who are behind him I mean he's not going to let his guard down and allow them to turn on him like they did Davy!! He's also told them to leave it and give everyone space!
Anyone want some dusters there were loads scattered around!!
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| Quote ="wishy"He had the funds too back in 2003 but he wanted to make his millions selling cheap cards and watch his beloved club fail!
One thing of note he's told this lot not to let it get personal, yet that website has not one line of positive or gratitude towards Ken Davy, it's vile and inaccurate and puts the man down at every opportunity. Though he said if he was just still just a fan he'd have been wearing the tshirt last night, but I feel what he's saying is just to please those who are behind him I mean he's not going to let his guard down and allow them to turn on him like they did Davy!! He's also told them to leave it and give everyone space!
Anyone want some dusters there were loads scattered around!!'"
So all that's happened is a load of blocked drains around the Leeds Road area, and a self made sports philanthropist has been maligned and slandered by a load of neanderthals.
I feel ashamed!
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| Most Town fans were too it would seem!
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| Surely on that site and that forum where if anyone says anything slightly in favour of ken or the giants they are cut down with a torrent of personal abuse there is a case for libel or defimation of character or something...there not exactly holding back on the abuse are they........
So......a few football fans looking like stewards while watching their team will have done the trick and turned ken's head now ??
dont think so !
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