and c,d,e,f are ?

TBH I believe that administration is the only way the club can progress from here - a fresh start is needed as there is too much baggage attached to the current regime and as has been said numerous times already the likelihood of getting the funds required are virtually nil, particularly in the tight time frame. I feel sorry for the players and certain club employees whose livelihoods are on the line due to the incompetence of the BOD.

where do we go fev donny cas sheffield take a pick

Mount Doom?

Whatever happens from here on in, whether the money is raised or not (and I would suggest not), the current BOD should go anyway. If they are true supporters as has been said, they should walk away anyway, cos their shares are worth nowt and their failings are there for all to see.

Must admit as an outsider reading that statement I thought exactly that and was quite shocked by it! Basically read.... 'if you really love your club you'll cough up 1k, full stop!' very poor IMO

May work at first on fans but it's not as if we all don't put plenty into our clubs over the years!

In August i emailed the Club with ideas of ways to generate income AND NEVER RECIEVED A REPLY, one idea was an fans investment scheme (long term) in which Fans invest money in the club with a 5 year season pass for a £500-600 investment making a season pass £100-£120, how many fans would have invested in August ? In August Newmarket was full steam ahead my idea was tossed aside because we were so confident on planning permission, So here we are in Jan with begging bowl in hand for £1000 with a chance to get 1st pick of your seat at Newmarket... WOW, what happens to your £1000 if 500 people do not invest ? do you get it back ? what happens if Newmarket does not go ahead ? what happens if the Club goes under (god forbid) ? is your £1000 gone ?. TBH altough it breaks my heart to see the Club in such a predicament it does not suprise me !!, do we have 500 fans with a spare grand each with the current economic times and just after the most expensive time of year ? i applaud any fan willing to put their hand in their pocket i certianly can't afford it, let's hope we have 500 people with a spare grand to throw away....



A COPY OF THE MAIL I SENT IN AUG

Maybe we ought to be looking for fans to invest long term, Not another "1 season wonder deal" which in my opinion is not really a great deal. Why not offer the fans to invest in the future of WTW with say a 5 year pass for £500-600, that makes it £100-120 a season and still guarantees income even if we drop to the lower leagues, and gives the fans to invest in the future of Wakefield whatever the outcome of the franchise decision come next year....

I can't speak about why the club didn't respond, maybe they couldn't, maybe they were preoccupied whatever, FWIW I think they should have!

As for the rest, if you read the various threads all your concerns are answered in the positive. In short though, the money will be paid into an ESCROW Acct where it is safe, it cannot be accessed by anyone from the club under any conditions no matter how extreme, if we fail to raise the money then it will be repaid in full if thats what the investor wants, if we are successful then the BoD will resign en masse, relinquish their shareholding and have no more to do with the club. The new shareholders will then decide how best to use the money and move forward.

I found this part:



incredibly unprofessional and, to be honest, insulting.

That is not the question at all. The question is "how has a procession of clueless muppets dragged this club to the brink of collapse".

I must say as a life long Wakefield fan, I am at my wits end with everything that's going on. I have read the statement from the club regarding the £1000 and I am amazed by the contents, in effect they are selling us, the fans, things they can't even guarantee!

This appears to be a last ditch desperate attempt, by ted and co. and after buying a season ticket every year for the last 25 years, I am now being asked to stump up £1000 to save the club. What's happened to all the money in the past? I simply can't afford to pay this, but honestly now I am so fed up of the whole debacle, I'm not even sure I would if I could, as there is no way we will get 500 people to invest IMHO, so I might as well give £1000 to a tramp so he can have a good time with it



I would like to ask TRB, IA and the other members of the fans groups, are you investing £1000 or more into the club, and what guarantees are there to the fans that do?

I hope 500 people "turn up grand in hand" but with the rise in VAT, fuel price hike's, Job security and people still not paid their Dec's credit card bill, will the hard working, honest people have a spare £1000 ?, why not introduce this idea when the decision on NM was to be taken to Central Goverment ? the fan's are been emotionaly blackmailed into securing the club after years and years of bad managment by the current BOD. im sure £500k will keep the club afloat for so long what happens if no new investers came along ? how long can you flog a dead horse ? Are the Club going to ask the fans to did deep again ?

Taken from the VT

The Clan wrote:

5) Relying on a payment of GBP 350k that was conditional on the planning application for newmarket not going to PI
=#FF4000[u"something has happened which exacerbated the situation almost overnight, more to come on this for everyone"[/u


Anymore info on why this fell through?

I can see your point, but the chances of this figure being reached by existing shareholders alone is I feel remote.
This meeting was planned well before Xmas, plenty of time for the bod to get together, anticipate the questions they would be asked, produce all the facts, and then be ready to roll out en mass to the rest of us.
With the lack of trust that many of fans/potential investors, have in the bod, it looks like an attempt to muddy the waters and just hope people feel shamed into dipping into their savings.
I can see no other outcome, if the situation is as bleak as we all fear, than administration, because the bod have either not acted quickly enough or supplied enough facts to convince the people.
Another cock up in short.
Do I think administration is a good thing? No
Do I think it could be our best bet? Yes

Sorry to disappoint - but it's got nothing to do with anything Wakefield did, or didn't, do!

Any clues Phil?

Try leeking for it!

Where in your last post?

I've thought long and hard about this. I feel like I've got a duty to help the club but I feel annoyed by the tone of the request. I feel like it will be my fault if the club isn't saved and I just dont think, as a fan, it's my fault. What a business should not do is blame the people who turn up each week and hand over the money, but ask themselves why some people aren't.

There is a wolf at the door. If the share issue is successful, the wolf will be fended off. But what happens when the next wolf comes knocking? I don't see it as saving the club but postponing it's demise.

I appreciate the club wants to keep things confidential, but you can't sell a proposal to people without being honest and open. If someone can persuade me that the money will get us through a season with anticipated gates of, say, 4,000 then maybe I'll reconsider, but at the moment, in the words of Duncan Bannatyne, I'm oot.

Sorry Phil I read that as looking on my phone, so somewhere there has been some kind of leak which makes our situation worse than it is? No idea? Anyone?

Quote ="inside man"Sorry Phil I read that as looking on my phone, so somewhere there has been some kind of leak which makes our situation worse than it is? No idea? Anyone?'" Maybe this taken from Yorkshire Post concerning the leeks: Furthermore, it is understood an arrangement made with HM Customs and Excise to pay further unpaid tax bills over a set period has been torn up after it saw the Crusaders enter administration last month and it seems likely Wakefield could be set for a similar result unless an amazing effort is completed in the next three weeks. Full article www.yorkshirepost.co.uk/rugby-le ... 6682780.jp

Quote ="inside man"Sorry Phil I read that as looking on my phone, so somewhere there has been some kind of leak which makes our situation worse than it is? No idea? Anyone?'" Maybe this taken from Yorkshire Post concerning the leeks: Furthermore, it is understood an arrangement made with HM Customs and Excise to pay further unpaid tax bills over a set period has been torn up after it saw the Crusaders enter administration last month and it seems likely Wakefield could be set for a similar result unless an amazing effort is completed in the next three weeks. Full article www.yorkshirepost.co.uk/rugby-le ... 6682780.jp

Sorry to disappoint aswell, I was not looking for any fault on Wakefield's behalf - just interested to know the circumstances.

What has it got to do with the Welsh

?

How can HMRC do that if we have an agreement in place why can that be torn up because of Crusaders going into admin?

please read the various posts above where there's an explanation as to how your money is safe.

The answer is in a post above this one!