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| 64 thousand $ question ( or £ 600,000 deficit question ) is why didn`t MC question the AG regime when they were part of the same board.
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| I have a feeling that a good percentage of these new posters are not WTW fans, however I do feel they are RL fans that may support & watch RL in a WF post code
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| Quote ="bellycouldtackle"64 thousand $ question ( or £ 600,000 deficit question ) is why didn`t MC question the AG regime when they were part of the same board.'"
He's already answered that question belly.
Hr couldn't account for the extra 200k because it appears not to have been there.
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| Quote ="herewego"Funny how lack of facts can spoil a good story. Like others I don't buy I only did the books MC. I was not a Director nor employed sounds like "not my fault guv". As said facts spoil a good story or can be shielded by blind faith.
The facts known are negative - players having to be sold, Ticket sales not what we need and we still some finance issues. So that's alright then?'"
Another "fan" coming on to question the motives and ability of a guy who has prevented the collapse of Wakefield Trinity.
1/ What more do you want/ expect from the bloke
2/ An accountant of a company can only advise the main board and suggest a different course of action. It is the accountants job to record income and expenditure, NOT to chose the way in which the business is run, they can only advise.
PLAYERS HAVE BEEN SOLD TO PREVENT THE CLUB GOING INTO ADMIN and to allow us to start and rebuild the club.
Although it's unpleasant, there is no alternative.
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| Quote ="wrencat1873"Another "fan" coming on to question the motives and ability of a guy who has prevented the collapse of Wakefield Trinity.
1/ What more do you want/ expect from the bloke
2/ An accountant of a company can only advise the main board and suggest a different course of action. It is the accountants job to record income and expenditure, NOT to chose the way in which the business is run, they can only advise.
PLAYERS HAVE BEEN SOLD TO PREVENT THE CLUB GOING INTO ADMIN and to allow us to start and rebuild the club.
Although it's unpleasant, there is no alternative.[/qu ote
Youŕe wasting your time. The negativity on this thread is unbelievable . I think some of the posts are a downright insult to the one man who clearly has the clubs interest at heart. Get off ther blokes back!
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| Surely all we need to know is that glover and elston wanted to put the club in admin and mc didn't. Had they got their way, loads of suppliers to the club would have been left out of pocket yet again and a lot more staff would have been affected. Add to this we would definitely be out of super league instead of having the chance to retain our place based on what the team do on the pitch and its difficult to see how anyone could question what MC has done, cos the alternative was a whole lot worse.
Finally, I would say that what he has done has probably earned the club a bit of goodwill back which was in very short supply under glover and elston. I would point to the fact that we still owe 100k but the people owed are allowing us time to pay up, as evidence of this.
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| Quote ="Tricky2309"Surely all we need to know is that glover and elston wanted to put the club in admin and mc didn't. Had they got their way, loads of suppliers to the club would have been left out of pocket yet again and a lot more staff would have been affected. Add to this we would definitely be out of super league instead of having the chance to retain our place based on what the team do on the pitch and its difficult to see how anyone could question what MC has done, cos the alternative was a whole lot worse.
Finally, I would say that what he has done has probably earned the club a bit of goodwill back which was in very short supply under glover and elston. I would point to the fact that we still owe 100k but the people owed are allowing us time to pay up, as evidence of this.'"
Good post!
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| The first job is obviously to get us out of the mess we are in.
Then we can hopefully progress from there.
MC has stated again he would welcome investment/expertise.
So far no one has come forward other than Kath Hetherington,and that is a paid job, not investment.
What do the critics want him to do?
Walk away?
If they are not careful they might force that.
Hmm.. perhaps some posters are not Trinity fans?
We would then be in a bigger hole.
Give him time.
Its only weeks since he took over.
I for one feel a little more optimistic and am prepared to at least wait and see what the next couple of months bring.
Just read your post Tricky.
Excellent.
There
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| Quote ="Daddycool"Paper trail? No idea? I had had no involvement on the financial side between December 2012 and July 2013 other then putting money into the club. The 400k is a figure we calculated after a week of taking over. Subsequently we find further problems in the 2 months after that.
Let me just say this, and each fan can take it how they like.
On the 29th august I went into the stadium, and the club was about to go into administration. That meant that in all probability we would be looking at playing in championship 1 next season, not the championship!
By staying out of administration, we have at least given ourselves a chance, however small you may judge it, of staying in super league for next season and beyond. It would have been far easier to go into admin. But we chose this path. It may work, it may fail. But at least we still have a chance?'"
That's fair enough, and I think all decent-minded people would applaud you for choosing the path you've taken, for everyone's sake.
The worrying thing, as a fan on the outside looking in, is that we drew a line in the sand as far as the required capital investment was concerned, and have now had to draw another. You wonder - or I wonder - where it all ends? Or when? Perhaps, as El Rey has posted, the meeting with the fans will tie up a lot of lose ends.
I suppose I'm just dismayed that we've managed to get to the state we're in again in such a short period of time. You're in the unenviable position of having been associated with the previous regime, so it's understandable that as well as the thanks you receive for sticking with the club and toughing it out, you'll also have people wondering why this was allowed to happen in the first place, and questioning the extent of your involvement in it all.
Good luck.
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| I suspect that if we all used our real names instead of The Clan, AgendaXIII etc then (a) we wouldn't have all these new posters and (b) their motives in questioning MC wouldn't be a mystery.
As an Accountant you can only account for finances that you know about, if money's been spent that isn't represented in the paperwork then how on earth can you account for it and therefore how can you be expected to offer advice on reigning in the budget.
The new BoD have had their hands forced by the monetary situation and taken tough decisions in order to stabilise the club. They're seemingly being shot at by some because they're the name and face of the disappointment we feel and by others who clearly have a personal agenda but they're the wrong targets in my opinion.
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| Daddycool
The negative stuff on here is winding me up but it does have the effect of making me more determined to continue with my support of WTW. These people are so shortsighted and ungrateful it beggars belief.
Keep up the good work and thank you
Nil desperandum illegetimi carborundum because for every doubter you have 100 believers
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| If, hypothetically, there was another set of books not seen by the whole board, how could any accountant act on information he was not aware of?
Maybe the statements that no player was on 100K, when players themselves were talking in these terms, could be covered up in these hypothetical accounts !
This was the case at Melbourne, where it ran for years, only difference was the money was there to keep the illusion alive.
People who run businesses to make money will sometimes take every advantage they can, be it legal/grey/illegal, and keep the methods to themselves
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| All I've heard is papers records of what was owed were not kept therefore the first the current officials knew of the debt was when the supplier got in touch.
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| Quote ="1873"If, hypothetically, there was another set of books not seen by the whole board, how could any accountant act on information he was not aware of?
Maybe the statements that no player was on 100K, when players themselves were talking in these terms, could be covered up in these hypothetical accounts !
This was the case at Melbourne, where it ran for years, only difference was the money was there to keep the illusion alive.
People who run businesses to make money will sometimes take every advantage they can, be it legal/grey/illegal, and keep the methods to themselves'"
From what I understand its not that there was a hidden second set of books, just that the first set didn't contain any meaningful information as to what was owed and to whom. That must make it difficult to ensure people are being paid properly or at all, and would also make it difficult to know if those demanding money were actually owed it or not. Not the easiest situation to walk into and try and sort out.
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| Quote ="El Rey"Positive threads are slow movers Jason
Won't make 3 pages.'"
What I'm pleased about is that now folk know more of the facts relating to the desperate situation MC found himself in they are seeing the recent fire sale as being absolutely necessary. MC I'm not one for airing dirty linen in public but sometimes the facts help the doubters to understand.
If you are one of the doubters. One of the "I'm not buying a ticket, joining 1873 club" I would ask you to get behind the club now.
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| ffs - what difference does it make to going forward to fans to know how the previous board and the board before that let us go so far down hill,
The only thing that matters is Wakefield Trinity Wildcats. MC/Daddycool has been more open than he needs to be and still gets criticised, its about time the negativity stopped and we all got behind the club, the board and the players whoever comes in. if a player is willing to sign for Wakefield at this present time then he needs to be applauded and supported.
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| Quote ="Acatinbullland"ffs - what difference does it make to going forward to fans to know how the previous board and the board before that let us go so far down hill,
The only thing that matters is Wakefield Trinity Wildcats. MC/Daddycool has been more open than he needs to be and still gets criticised, its about time the negativity stopped and we all got behind the club, the board and the players whoever comes in. if a player is willing to sign for Wakefield at this present time then he needs to be applauded and supported.'"
Hear hear
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| Sanity returns
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| I like what I've read from Daddy Cool so far so good, done a good job clearing a good chunk of 400k if everything I've read and heard is accurate.
The next week or so will be big for WTW to ensure they are competitive next season and stay in top 12.....with the proposed signings hopefully bringing in some quality and experience to strengthen winger, scrum half, prop (x2) and hooker positions.
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| Thank god,some positive posts for a change and some sense.
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| I haven't agreed with all of the execution, but the strategy is right; this club, once and for all, needs to learn to cut its cloth and for now, the best person to create that culture is an accountant with a disciplined and pragmatic approach to financial management.
I'm relieved to hear MC saying that he knows he's no PR person; if we can go into next season with a stable base, mix it up around the lower end of the table and avoid relegation, who knows what the BoD will look and feel like this time next year? Someone with the additional skills (and maybe money) may look at the club and decide "they've finally got their act together, I'm having a bit of that!"
Given the circumstances and the mess he inherited, I think MC is doing a great job.
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| Not felt the need to post before but I feel a certain amount of guff has been posted recently. Under the circumstances I feel MC has done a remarkable job so far and like others I have been taken aback by the honestly with which MC has communicated with the fans. On another note although fed up with all the recent player sales and any potential future ones, I feel that the current squad does still have a little bit of quality running through it unlike JK's last year under similar circumstances. I still appreciate though that it is gonna be a long season.
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| Quote ="Spanish Hipster"Not felt the need to post before but I feel a certain amount of guff has been posted recently. Under the circumstances I feel MC has done a remarkable job so far and like others I have been taken aback by the honestly with which MC has communicated with the fans. On another note although fed up with all the recent player sales and any potential future ones, I feel that the current squad does still have a little bit of quality running through it unlike JK's last year under similar circumstances. I still appreciate though that it is
gonna be a long season.'"
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I agree that there is still quality there. I feel Amor and Aiton will be missed the most. A couple of shrewd signings needed there. Tim Smith had a brilliant passing game though rarely made a break.No disrespect to him but I personally feel he will be easier to replace than Aiton
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| There's PR, and there's the PR crap we've had for the past few years. Hyped up announcements about nothing special. Hope that lesson has been learned.
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| Quote ="Acatinbullland"ffs - what difference does it make to going forward to fans to know how the previous board and the board before that let us go so far down hill,'"
Perhaps because the way the club has been run in the past is indicative of how it will be run in the future, unless there's some major ground shift in perceptions?
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