Yes your right because everybody was thinking rationally because of the great position we're in.Fan ownership would be great but we need the trust to sort themselves out first. They couldn't conduct a q&a with Fisher without it descending into farce.
Sky Blues Trust Q&A said:Q1 What is it?
Sky Blues Trust Q&A said:Q1: It is a means for the fans of a club to take a collective ownership stake (usually through a Supporters Trust) in a significant, or ideally majority, of the voting share capital of their football club.
Sky Blues Trust Q&A said:Q2 Is there only one way of doing this?
Sky Blues Trust Q&A said:No, it depends on a lot of factors and each set up should be appropriate for the fans and their club. Some clubs are fully fan-owned, others hold more than 50%, whereas others have a minority shareholding which often is supported by a shareholders agreement giving certain rights and protections for the Supporters Trust. Because of the size, potential and history of CCFC, a joint venture with other investors is likely to offer the best alternative.
Those who are able to think rationally while having an understanding of how to run a club are exactly those who you'd want in charge.Yes your right because everybody was thinking rationally because of the great position we're in.
You're right I'm a member of the trust but you wouldn't put me in charge. Similarly there are people in the trust who who you would. Then again there are people who work for Sisu who you might and there are others who are and have been who should be and have been nowhere near it.Those who are able to think rationally while having an understanding of how to run a club are exactly those who you'd want in charge.
This bit annoys me...
Q14 Is there a plan of action to achieve fan-ownership?
Yes, detailed plans have been drafted and a summary of the steps required will be published in due course. The Sky Blue Trust have also engaged professional advisors to assist with the financial and legal implications. Please remember that these plans cannot progress unless SISU indicate that they are a willing seller and that their expectations on price and other terms are realistic
I don't get it...don't wait for them to say they won't sell. They're not going to pick up the phone and go 'Hey, we're good to go now'. If you've 'engaged professional advisors to assist with the financial and legal implications', they should be able to work out a fair value of what you'd need to take to SISU. Get that work done in the planning stage, understand what you've got to take to the table that matches the financial experts opinion, and then say 'lets talk'. Not the other way round.
This bit annoys me...
Q14 Is there a plan of action to achieve fan-ownership?
Yes, detailed plans have been drafted and a summary of the steps required will be published in due course. The Sky Blue Trust have also engaged professional advisors to assist with the financial and legal implications. Please remember that these plans cannot progress unless SISU indicate that they are a willing seller and that their expectations on price and other terms are realistic
I don't get it...don't wait for them to say they won't sell. They're not going to pick up the phone and go 'Hey, we're good to go now'. If you've 'engaged professional advisors to assist with the financial and legal implications', they should be able to work out a fair value of what you'd need to take to SISU. Get that work done in the planning stage, understand what you've got to take to the table that matches the financial experts opinion, and then say 'lets talk'. Not the other way round.
I think you can have an ideal and be pragmatic at the same time fp. The Trust would like full ownership but realise that it is very unlikely to be the case because of the finance that will need to be raised to pull the club out of the sisu pitThe problem is with the Trust, like the local journalists of the world, is that they can't present any information without putting their own spin on it. In general though, it sounds alright. It doesn't really set out who the CBS will be made up of and how they're elected to post though.
How can the answer to Q1 reconcile with the answer to Q2?
Not sure it would work if the Sky Blue Trust was involved ? They are only out for themselves, trying their hardest to get a seat at the top table.
I would however consider buying a share if and only if everyone who buys are limited to one share. And each share holder who would like to
offer their services for a position at the top table put their name forward and all share holders vote on this. With a maximum term of 3 years and
minimum term of 3 years before they could resit for positions!
What price per share would we be looking at ? K5-10-20- or more ?
Would be interesting to see what figures would be required for this fans take over ..
Not sure it would work if the Sky Blue Trust was involved ? They are only out for themselves, trying their hardest to get a seat at the top table.
I would however consider buying a share if and only if everyone who buys are limited to one share. And each share holder who would like to
offer their services for a position at the top table put their name forward and all share holders vote on this. With a maximum term of 3 years and
minimum term of 3 years before they could resit for positions!
What price per share would we be looking at ? K5-10-20- or more ?
Would be interesting to see what figures would be required for this fans take over ..
Does it have to be "The Sky blue Trust" or can there be an alternative constituted organisation?
Is there a plan or not? When I commented after the meeting that I'd expected to hear something about the Trusts plans given they had said they'd been working on them for two years it was stated that there wasn't a plan and couldn't be until SISU put the club up for sale or it went into administration. Now the trust are saying they have detailed plans but we still haven't seen them.Yes, detailed plans have been drafted and a summary of the steps required will be published in due course. The Sky Blue Trust have also engaged professional advisors to assist with the financial and legal implications. Please remember that these plans cannot progress unless SISU indicate that they are a willing seller and that their expectations on price and other terms are realistic.
No because just like Byng Bong whatever his name is they're not very good with those new fangled emaily thingsare we including the welsh and irish fans ?
Am new to the forum but been reading it for ages. No issue with the Trust as such except they are much to soft. Look at what the Trusts at Blackpool and Charlton have done.?
what have they done?[/QUOTe. Organised massive protests. Charlton even went to the home town of owner and protested. They are all behind the removal of the owner. It must have worked as he has said he will be putting club up for sale. Blackpool are holding regular protests involving other supporter and there owners are not even able to get into games.
Am sure it can be any organisation you want it to be but you need to find people who are prepared to do the work,the investigation, the reports the accounts the printing, the phone calls, the letters, the legal system, the organising.
The Trust just happens to have most of those who wish to do things already on board so any other group would probably be made up of Tust members
Rather than find another group get involved with the Sky Blue a Trust and make changes within if you care that much.
How weeman ? The most up to date information available is to 31/05/2016 - sisu wont give any access to the current financials (rightly). I would want to know that the owners are prepared to sell and to sell to the Trust first before wasting my time or employing costly professionals to put together a bid based on guess work that could be knocked back in a one line letter. If Seppala was interested in selling you might think she might want to at least hear what the Trust and its advisors have to say. I could put some ideas together yes but those would rapidly change on discussions or even due diligence so I wouldn't waste my time or the Trusts money on it right now. I think the Trust has a general idea as to structure and values but that's not a bid
It is easy to assume the Trust has just sat on its hands waiting but perhaps they have been knocked back or ignored since the last more public rejection
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?