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| I’m jinterested in sharing this news across my social media networks… including linked in… yet I see JM hasn’t done this… are there any guidelines?
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| Quote ="Spookisback"I’m jinterested in sharing this news across my social media networks… including linked in… yet I see JM hasn’t done this… are there any guidelines?'"
No you knock yourself out, no guidelines I’m aware of. It’s what I’m doing.
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| Quote ="vastman"No you knock yourself out, no guidelines I’m aware of. It’s what I’m doing.'"
It's been shared on social media already so no harm in sharing, but for the details about the £50k group you need to contact the club.
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| Quote ="PopTart"It's been shared on social media already so no harm in sharing, but for the details about the £50k group you need to contact the club.'"
I can pass your details on if you like
There is an application form for owner shareholders but I think it highly unlikely that’s how you’d do it if you were splashing out 50k. We did that one more in hope, I suspect it will be word of mouth so by all means push it on social media.
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| Quote ="chissitt"Not sure if anything's changed Timmy, but one of them not sure which one said the club would not be against some sort of co-operative from fans if they wanted a collective group to invest.'"
I can’t imagine there’d be a problem with a group of fans putting £50 each x 10 people chipping in together and nominating one or two people to be available for shareholders meetings etc.
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| Quote ="JINJER"I can’t imagine there’d be a problem with a group of fans putting £50 each x 10 people chipping in together and nominating one or two people to be available for shareholders meetings etc.'"
Me neither. I might be seeing JM today, yes I'm that important, I will ask, it's something I'd certainly never thought of, he may have. The only issue I can see is the logistics of it, but all can be overcome.
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| Quote ="vastman"Me neither. I might be seeing JM today, yes I'm that important, I will ask, it's something I'd certainly never thought of, he may have. The only issue I can see is the logistics of it, but all can be overcome.'"
What sort of logistics Vasty? It could even be arranged behind closed doors and no one would be any wiser.
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| Quote ="JINJER"What sort of logistics Vasty? It could even be arranged behind closed doors and no one would be any wiser.
'"
I would think only the name on the share certificate would receive the benefits so like the lottery syndicates you will need an agreement signed by each so no confusion.
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| I agree Scarlet.
Effectively you'd be giving money to have one person represent you.
And just to be clear, you are doing that with people you don't know on here.
If people want to get together and do it privately then why not. It's not a club decision as they will get one person's details.
But I'm not doing it.
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| Quote ="JINJER"What sort of logistics Vasty? It could even be arranged behind closed doors and no one would be any wiser.
'"
If say all 10 of you wanted to attend the AGM, then logistically that's not possible, ditto 10 lots of incentives, come on Jinjer . However as a private syndicate with one named shareholder then that's fine, sort it out amongst yourselves, I wouldn't want to discourage anybody. You could nominate any of the 1o to attend meetings as a proxy, so even thats not to bad.
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| Quote ="JINJER"Which is what I suggested….
'"
I know, i'm, just clarifying, give me a break man
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| Ok, Dunkirk and others, hopefully the on-line will be up and running today.
I'll post a link when I get the nod. It is fully secure.
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| Quote ="vastman"If say all 10 of you wanted to attend the AGM, then logistically that's not possible, ditto 10 lots of incentives, come on Jinjer
. However as a private syndicate with one named shareholder then that's fine, sort it out amongst yourselves, I wouldn't want to discourage anybody. You could nominate any of the 1o to attend meetings as a proxy, so even thats not to bad.
'"
Surely, the benefits could be changed each season or draw lots for who attends ?
The named shareholder couldn't be easily changed but, lets face it, in the grand scheme of things, the shares are a "gift" to the club.
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| Quote ="wrencat1873"Surely, the benefits could be changed each season or draw lots for who attends ?
The named shareholder couldn't be easily changed but, lets face it, in the grand scheme of things, the shares are a "gift" to the club.'"
Not sure I'm with you.
The roll of honour is a one name only, and the hospitality as far as I know is twice for just one person. The events could be shared.
However much everyones money is welcome we can't dilute the Members Share too much, at the end of the day you are paying for the right to be a non voting shareholder. So there has to be an element of exclusivity, if nothing else it's not fair on those stumping up the full amount. It's not trying to be elitist but this is not a begging bowl request, there are some serious benefits, notably the AGM where you can question the BOD as deeply as you wish, you are an actual minor shareholder. So there has to be a line drawn.
I've past it on to JM as I have little to do with how it functions tbh and he said he'd have a think. But for now, it's very much a single shareholding, but how you fund that is up to you.
I'm trying hard here to help so please don't think I'm being dismissive. Too many £500 is out of the question and I get that I really do.
However there are plenty of alternatives if you do want to help but can't afford that amount, Squadbuilder, 1873 lottery and even Trinity TV, it all goes in the same pot and is just as gratefully received.
Finally we won't sell all the share in one go, so this will run, possibly for years, so the chance will always be there in the future, minus the signing of the steelwork for obvious reasons.
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| Quote ="vastman"Not ready yet, but be available shortly.
Unfortunately there is so much going on at the club at present it’s hard for people like me and JM to connect as much as we’d like.
For various reasons we had to get this scheme running quicker than normal (for positive reasons) so bear with us.
The next project is totally mine so I’ll be able to control that.'"
Good work big boy. Sounds like lots of positive stuff happening behind closed doors. How it should be.
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| This is really about the bigger investors, I imagine. The smaller investors give money that will be gratefully received, and to be on a roll of honour would be fun, but this is really about attracting bigger interest for the Grade A status.
We are on the cusp of either something momentous for the club, a rebuilt ground and guaranteed non-relegation, or a real missed opportunity.
As a club, we had nothing to offer to those big money types who like throwing money at a sporting club. Bad facilities and endless scraps at the bottom. Get Grade A and suddenly we are a different proposition. A hundred £500 investors won't get us Grade A. Ten £50,000 investors might.
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| Quote ="Slugger McBatt"This is really about the bigger investors, I imagine. The smaller investors give money that will be gratefully received, and to be on a roll of honour would be fun, but this is really about attracting bigger interest for the Grade A status.
We are on the cusp of either something momentous for the club, a rebuilt ground and guaranteed non-relegation, or a real missed opportunity.
As a club, we had nothing to offer to those big money types who like throwing money at a sporting club. Bad facilities and endless scraps at the bottom. Get Grade A and suddenly we are a different proposition. A hundred £500 investors won't get us Grade A. Ten £50,000 investors might.'"
Sorry Slugger, you are so far off the mark with this one.
Sure 50k investors would be lovely so you're right there, but tbh it's the lesser of the two at the moment, as in truth it's hardly likely that a 50k investor will just appear and sign up online and certainly not before the 1st of Jan, it's more of a slow burner, or to put it another way the club are alerting people to the possibility .
The members one is the key one for now, and I say that without hesitation. It's not just about the money it's about inclusion and about belonging to something special, being in a club not just watching it. The aim is to make the club as close to a members club as a Limited company can get, it's in the title of the scheme . One where the members have a say, even if they don't decide the the outcome.
The club want people to invest at every level, not just money, but the desire to push the club forward. None of the current directors believe they have all the answers, sure they will have the final say, but they will listen, three time a year as it happens.
Even if we only manage 100 x £500, it's still an extra player, or retained, or a finishing touch to some part of the ground, and in there own way they all count to grade A.
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| Quote ="vastman"Sorry Slugger, you are so far off the mark with this one.
Sure 50k investors would be lovely so you're right there, but tbh it's the lesser of the two at the moment, as in truth it's hardly likely that a 50k investor will just appear and sign up online and certainly not before the 1st of Jan, it's more of a slow burner, or to put it another way the club are alerting people to the possibility
.
The members one is the key one for now, and I say that without hesitation. It's not just about the money it's about inclusion and about belonging to something special, being in a club not just watching it. The aim is to make the club as close to a members club as a Limited company can get, it's in the title of the scheme
. One where the members have a say, even if they don't decide the the outcome.
The club want people to invest at every level, not just money, but the desire to push the club forward. None of the current directors believe they have all the answers, sure they will have the final say, but they will listen, three time a year as it happens.
Even if we only manage 100 x £500, it's still an extra player, or retained, or a finishing touch to some part of the ground, and in there own way they all count to grade A.'"
Do you know if there is any sort of expectation on sign ups from the club, Vasty?
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| Quote ="TimmySmith"Do you know if there is any sort of expectation on sign ups from the club, Vasty?'"
No, but I think I'm ok in saying we have already hit double figures. So at a minimum of £500 thats 5k bagged, not bad for 24 hours.
Of course getting people to apply and actually pay are not always the same thing, so I personally remain cautiously optimistic.
PS, in case you're worried, I only see the number of returns as part of my administering the workflow, I can't see the details or the amounts as I've locked myself out of that bit and would need JM's permission to get back in, so you're safe from me
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| Quote ="vastman"No, but I think I'm ok in saying we have already hit double figures. So at a minimum of £500 thats 5k bagged, not bad for 24 hours.
Of course getting people to apply and actually pay are not always the same thing, so I personally remain cautiously optimistic.
PS, in case you're worried, I only see the number of returns as part of my administering the workflow, I can't see the details or the amounts as I've locked myself out of that bit and would need JM's permission to get back in, so you're safe from me
'"
Excellent work.
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| I hear John Minnards is attending the RWB Facebook group breakfast tomorrow morning. The meet is really linked to the renewal of the FB group's sponsorship of Jai Whitbread but I reckon John will be fielding questions relating to the share purchase. There have been initial queries as to whether the FB group could actually put together a purchase.
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| Quote ="vastman"Sorry Slugger, you are so far off the mark with this one.
Sure 50k investors would be lovely so you're right there, but tbh it's the lesser of the two at the moment, as in truth it's hardly likely that a 50k investor will just appear and sign up online and certainly not before the 1st of Jan, it's more of a slow burner, or to put it another way the club are alerting people to the possibility
.
The members one is the key one for now, and I say that without hesitation. It's not just about the money it's about inclusion and about belonging to something special, being in a club not just watching it. The aim is to make the club as close to a members club as a Limited company can get, it's in the title of the scheme
. One where the members have a say, even if they don't decide the the outcome.
The club want people to invest at every level, not just money, but the desire to push the club forward. None of the current directors believe they have all the answers, sure they will have the final say, but they will listen, three time a year as it happens.
Even if we only manage 100 x £500, it's still an extra player, or retained, or a finishing touch to some part of the ground, and in there own way they all count to grade A.'"
Fair play. I misread it. Not that I was being dismissive of the desire to get smaller investors. I just saw it as saying to big money, "get on board, get us Grade A, and we can become a big club together", with the smaller investors creating a buzz.
There are no negatives for this though. More money, better engagement. I worry that £500 is a lot for the rugby league demographic, particularly near Christmas and a panic about fuel prices, but the price has to reflect the cost of administering it, I presume. Administering 300 £500 shares is probably cheaper than administering 1,000 £100 shares.
Anyway, what do I know? It's a great scheme, I hope it brings in the funds we need, and I hope we start to pique the interest of local big money who want to spend it on a sporting hobby when we get Grade A!
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| Quote ="Slugger McBatt"Fair play. I misread it. Not that I was being dismissive of the desire to get smaller investors. I just saw it as saying to big money, "get on board, get us Grade A, and we can become a big club together", with the smaller investors creating a buzz.
There are no negatives for this though. More money, better engagement. I worry that £500 is a lot for the rugby league demographic, particularly near Christmas and a panic about fuel prices, but the price has to reflect the cost of administering it, I presume. Administering 300 £500 shares is probably cheaper than administering 1,000 £100 shares.
Anyway, what do I know? It's a great scheme, I hope it brings in the funds we need, and I hope we start to pique the interest of local big money who want to spend it on a sporting hobby when we get Grade A!'"
It’s not that you were wrong, you just weren’t totally right
The way I see it is that money follows money but it also follows the feel good factor. Someone with 50k to invest will hopefully be more likely to give it a go if they see lots of average punters investing £500. It’s all about giving people the feeling they are joining in something on the up rather than a train wreck.
Biggest problem with Trinity over the last 40 years is the perception, mostly correctly, that we are a loser club. The worst people for doing that I’m afraid to say are some of the fans and not just the perpetual moaners but some really dedicated ones.
We need to alter that and one of the best ways imho is to give people a vested interest. It’s a bit like the ex council house owner who once they buy the house puts on a new front door. It’s pride if ownership.
Won’t apply to all fans by any means but for those it does it seems foolish to ignore their support.
Anyway sermon over now buy some shares
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