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| Interesting points coming from Michael being tweeted by Tanya Arnold and Nick Rigg
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| No new offers for players. HKR still in for Ben cockayne and 4 clubs in for Amor. Need £400000 in next 2 months or more players will be sold
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| AG not pulling his money out of the club
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| Honesty been the best policy.
Even if I'm not likin what I'm hearing!
I think we need to go down the shares route to raise the £?
Better then selling our best players!
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| The "needing £400,000" bit worries me. I was hoping that we were over exaggerating the "under capitalised" bit of the previous statement but this isn't the same.
I was thinking that him turning down an offer for Kirmond and also saying we are going full time professional for the kids means we have some troubles but we are not without money. Otherwise why do that.
Season ticket sales are't going to get us 400,000 and there is only one more game so that is only going to be raising like 75,000 profit (ballpark based on other quotes)
So investment is needed. I hope the cleaning guys have friends.
I'm playing the lottery again but I haven't won the big one yet so it is slightly out of my league to help.
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| A thousand people paying £400 each, easy!
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| Is the conference written anywhere we can copy and paste on here?
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| And also......does the £400k include Smith's fee?
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| We must try not to sell Amor him and Kirmond are quality players and are hard to come by and hes still only young we must do as much as we can to keep hold of him!
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| Quote ="PopTart"The "needing £400,000" bit worries me. I was hoping that we were over exaggerating the "under capitalised" bit of the previous statement but this isn't the same.
I was thinking that him turning down an offer for Kirmond and also saying we are going full time professional for the kids means we have some troubles but we are not without money. Otherwise why do that.
Season ticket sales are't going to get us 400,000 and there is only one more game so that is only going to be raising like 75,000 profit (ballpark based on other quotes)
So investment is needed. I hope the cleaning guys have friends.
I'm playing the lottery again but I haven't won the big one yet so it is slightly out of my league to help.'"
Maybe now you'll realise just how much of a mess AG and JE have created.
We will have to sell more players to survive.
The statement by our owner was like jsckanory returning.
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| Quote ="The Dreadnought"We must try not to sell Amor him and Kirmond are quality players and are hard to come by and hes still only young we must do as much as we can to keep hold of him!'"
Sadly they are the only two with any real value.
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| Mr Carter has a deal in place to buy Mr Glovers shares?
But says AG want be pulling his money out?
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| Maybe, but unfortuantely I still don't really know.
Do you mean Carter when you say new owner, or AG?
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| Well if he buys AG shares he will become major shareholder be this for himself or potential investors?
Who knows?
I see this as a positive move!
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| Honesty best policy so lets be honest more players will be sold unless we get a big sponsor or one of us wins the big one on the euro lotto.Get your lotto tickets now got mine already so all I need is for someone to arrange for my numbers to come up.
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| Think its unaviodable that more players will have to be sold. Next year is going to be tough.
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| Quote ="PopTart"Maybe, but unfortuantely I still don't really know.
Do you mean Carter when you say new owner, or AG?'"
AG
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| Sounds like he's making moves to take ownership of the whole company; AG will sell his shares, but won't call in the WYW debt?
Interesting times - again.
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| Quote ="Topcat13"Mr Carter has a deal in place to buy Mr Glovers shares?
But says AG want be pulling his money out?'"
To clarify does this mean AG will not be calling in his loans/investments but is willing to sell his shares?
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| I agree with the honesty bit, but is this not just decreasing the offers clubs would have put in for players?
X were going to offer 50k, but now know that we are desperate for every penny we can get and only offer 20??
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| Quote ="Topcat13"Well if he buys AG shares he will become major shareholder be this for himself or potential investors?
Who knows?
I see this as a positive move!'"
If MC buys the shares that AG currently holds then money isn't being put into WT. It just means that MC will have less money to 'invest' in the club. The better route would be for MC, if he wished to benefit the club, is to buy additional shares, increasing his shareholding and therefore his 'say' in the club - but this would be dependant upon other shareholders 'allowing' this. Another problem of buying up the shares of AG, is the amount of money loaned by WY Windows. If AG was no longer a shareholder then this debt would then have to be protected, as AG has stated that this debt would not be called in, but what if he was no longer a shareholder?
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| I hope he is clever enough to have some answers already before he says that we need £400k.
Otherwise, if it were me, I'd have been more vague.
Putting the number out simply gives us a number to talk about. It doesn't help, unless he actually asks someone who has that money for that set amount.
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| Also, lets go easy on the raising Carter as the saviour bit.
He has a job to do but we all thought that about AG.
I'm ceratin AG had no intention of ending up here and he said right from the start that he didn't know anything about running a rugby club, but he was the saviour, just not the Messiah. He rescued us temporarily. We now need someone who can put something in place that lasts.
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| Quote ="PopTart"Also, lets go easy on the raising Carter as the saviour bit.'"
Who said dat?!
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| Quote ="jacques"To clarify does this mean AG will not be calling in his loans/investments but is willing to sell his shares?'"
Sounds like this to me AG in his last statement sed he was not going to be involved in the day to day running of the club so he could focas on other areas i.e. Newmarket and education program.
I think he knows we want be able to repay him anytime soon.
You can always tweet and ask him yourself?
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