A forum for all things Cardiff City
Wed Mar 10, 2010 9:51 pm
has the trust made a statement concerning today or spoke to anyone at the ground
now they know how dire the problem is are they going to protest
now is the time for all the partys to unite and everyone get behind the protest
we have 56 days to show the country and investers what passionet fans cardiff are
so come on boys get together and form a united protest
Wed Mar 10, 2010 9:52 pm
sleepers wrote:has the trust made a statement concerning today or spoke to anyone at the ground
now they know how dire the problem is are they going to protest
now is the time for all the partys to unite and everyone get behind the protest
we have 56 days to show the country and investers what passionet fans cardiff are
so come on boys get together and form a united protest
Is there any point now?
Wed Mar 10, 2010 9:54 pm
ianfens wrote:sleepers wrote:has the trust made a statement concerning today or spoke to anyone at the ground
now they know how dire the problem is are they going to protest
now is the time for all the partys to unite and everyone get behind the protest
we have 56 days to show the country and investers what passionet fans cardiff are
so come on boys get together and form a united protest
Is there any point now?
yes we have 56 days we cant sit back and watch city just die away
Wed Mar 10, 2010 9:59 pm
The subcommittee of the subcommittee reporting to the subcommittee delegating to the orginal committee as per article 24.1.4.5.2.1.4432.5 of the constitution ( revison 3.4.1.1.3.4.5 ) are currently instigating a feasibility study into the prospect about releasing a statement.
The report is currently being blocked at the lowest level of discussions. It appears the lower subcommittee currently don't have a solution to a tricky problem; namely choccy digestives or hob nobs with the cup of tea; the tea discussion in itself taking 4 hours.
An interim solution, namely a meeting with Ridsdale to discuss what should be in the Trust statement, is being organised.
A full and final statement is expected in 57 days.
Wed Mar 10, 2010 10:02 pm
a trust rep , phil niffield , was on radio wales this afternoon
he said that whilst its all very well the club saying 6000season ticket holders should renew , the question has to be asked as to why the exisiting board are not putting money in
in fact , if today is correct , they have simply used the money from the land deal to lessen what they are owed !
I think you will find that any marches planned for the future will be well attended
Wed Mar 10, 2010 10:13 pm
Dont have a go at me here but what is the point of a trust we are going under and what can the trust do nothing
Wed Mar 10, 2010 10:43 pm
just on the wales news that the we owe the vat and tax 2 million the trust should be asking for a meeting with all the
main people to form a proper protest with the backing of trust and supporters club that way it would stop all the sniping
Wed Mar 10, 2010 11:10 pm
even if we organised a huge protest you would still have people having a pop ...if 5000 marched you would still have people saying " yeah but where are the other 10000 ?"
its just the way some people are
however I am sure if another protest is organised then the numbers will be bigger again
but the real issue has to be faced ...
we KNOW that the club is being run badly
but somehow we have to hope that steve borley can come up with some investment or we can limp into those play offs
IF the money from the land deal went to the board , or should I say one or two members of the board, then clearly future protrst , if they happen need to be focused on far more than just ridsdale , cuplable though he is in this mess
Wed Mar 10, 2010 11:27 pm
We have people organising protests so there is no point in burdening the trust with this as well.
Ideally from here on in the the trust will back any protests, and with the superb organisation of the last one, it's obviosu they don't need to be organising them and they can be getting on with other business. Everyone knows the situation is bad and to be honest at the moment there is little anyone can do.
Having a go at each other isn't helping either.
Thu Mar 11, 2010 8:12 am
Sludge wrote:a trust rep , phil niffield , was on radio wales this afternoon
he said that whilst its all very well the club saying 6000season ticket holders should renew , the question has to be asked as to why the exisiting board are not putting money in
in fact , if today is correct , they have simply used the money from the land deal to lessen what they are owed !
I think you will find that any marches planned for the future will be well attended
I can fully see where the Trust are coming from and I don't disagree with their sentiment.
However, our club is in a dire situation and probably now is not the time to be bickering and solutions have to be found.
Something radical needs to be done. If I was the Trust I would go to the board and say, take your land deals, take your already plundered assets but if you want the supporters to put another penny into this club then YOU must start giving US something back in return.
The 10,000 season tickets already sold should be converted into shares and overnight the supporters would become the single biggest shareholder. We should then be encouraged to buy new season tickets for next season which would have free shares attatched as a condition.
Any of the other 6,000 M.I.A. season ticket holders who renew should also receive free shares if they sign up to a season ticket now.
This way we might be able to pay the tax keep the club going and get the Trust onto the board of directors. Come the summer there would be a blood bath but at least we would have made a start and the supporters and not a greed bunch of selfish bastards would be calling the shots
Thu Mar 11, 2010 8:17 am
Trust on the board of directors? Never. Ever. Happening.
The fact is, the Trust can't organise any protests - they'll lose the valuable "dialogue" link. And if they did organise say a march, the accusation would of of piggybanking off others work.
ST money, estimating @ £400 per times 6k is £2.4m. That won't be enough to last until summer.
It's investment or the miracle of playoffs/promotion.
The best that can happen is admin - to purge the existing board - and rebuild from there.
Thu Mar 11, 2010 9:21 am
birchblue wrote:Dont have a go at me here but what is the point of a trust we are going under and what can the trust do nothing
Yes, but the exact same thing could be said of the march. (Of course, I fully support marches... I'm just saying many of the anti-Trust arguments can apply to other methods too)
Thu Mar 11, 2010 9:24 am
BluebirdsFan101 wrote:birchblue wrote:Dont have a go at me here but what is the point of a trust we are going under and what can the trust do nothing
Yes, but the exact same thing could be said of the march. (Of course, I fully support marches... I'm just saying many of the anti-Trust arguments can apply to other methods too)
March has attracted far more publicity, for one thing.
Thu Mar 11, 2010 9:26 am
nerd wrote:BluebirdsFan101 wrote:birchblue wrote:Dont have a go at me here but what is the point of a trust we are going under and what can the trust do nothing
Yes, but the exact same thing could be said of the march. (Of course, I fully support marches... I'm just saying many of the anti-Trust arguments can apply to other methods too)
March has attracted far more publicity, for one thing.
Neither birchblue's nor my post said anything whatsoever about publicity
I was saying that I can't understand the "The trust can't achieve anything, the club is going into administration no matter what" argument because that latter part is effectively saying *all* methods (including the march) are pointless too.
(Again, which is something which I don't agree with)
Thu Mar 11, 2010 9:31 am
The point being the publicity could well a) attract potential investors by highlighting the perilous state of the club in the national media, b) increase the massive pressure upon Ridders with a cynical, sceptical media....
It's also rehabbed our fans image a fair bit...
The other point for me is that, as helpless as fans are during all this, at least a march makes people feel they are doing something. Which is better than a few having cozy dialogues with a congenital liar.
Thu Mar 11, 2010 9:34 am
nerd wrote:Trust on the board of directors? Never. Ever. Happening.
The fact is, the Trust can't organise any protests - they'll lose the valuable "dialogue" link. And if they did organise say a march, the accusation would of of piggybanking off others work.
ST money, estimating @ £400 per times 6k is £2.4m. That won't be enough to last until summer.
It's investment or the miracle of playoffs/promotion.
The best that can happen is admin - to purge the existing board - and rebuild from there.
I agree that promotion and admin are definate options but I was just offerring another one. Actually my plan involved around 50% of the 10,000 season ticket holders who have already paid, converting their season ticket money into shares and buying another ticket for next year.
Potentially that could raise £5-6m.
The summer would then see a massive clear out, but the odds are that is going to happen any way.
As for the Trust Members sitting on the board of directors, it doesn't strickly have to be them just a supporters representative of some kind. Keith 62' would seem ideal to me, but it could be anyone.
Thu Mar 11, 2010 9:37 am
Tony Blue Williams wrote:nerd wrote:Trust on the board of directors? Never. Ever. Happening.
The fact is, the Trust can't organise any protests - they'll lose the valuable "dialogue" link. And if they did organise say a march, the accusation would of of piggybanking off others work.
ST money, estimating @ £400 per times 6k is £2.4m. That won't be enough to last until summer.
It's investment or the miracle of playoffs/promotion.
The best that can happen is admin - to purge the existing board - and rebuild from there.
I agree that promotion and admin are definate options but I was just offerring another one. Actually my plan involved around 50% of the 10,000 season ticket holders who have already paid, converting their season ticket money into shares and buying another ticket for next year.
Potentially that could raise £5-6m.
The summer would then see a massive clear out, but the odds are that is going to happen any way.
As for the Trust Members sitting on the board of directors, it doesn't strickly have to be them just a supporters representative of some kind. Keith 62' would seem ideal to me, but it could be anyone.
The share issue will never happen... current shareholders ( or more accurately, the major ones ) won't want their shares diluted one iota. Estimating 5k of those who bought the STs to go out and buy another one, sorry, just feels that's way too optimistic. Especially in this economic climate.
Thu Mar 11, 2010 9:41 am
nerd wrote:
The share issue will never happen... current shareholders ( or more accurately, the major ones ) won't want their shares diluted one iota. Estimating 5k of those who bought the STs to go out and buy another one, sorry, just feels that's way too optimistic. Especially in this economic climate.
You are making a hell of a lot of assumptions there. Personally I would buy another season ticket if it meant saving CCFC and I'm sure many true fans would feel the same.
As for the directors shareholdings, it must be very clear to them by now they are next to worthless and therefore wouldn't really pose a barrier to the above scheme.
Thu Mar 11, 2010 10:01 am
Tony Blue Williams wrote:nerd wrote:
The share issue will never happen... current shareholders ( or more accurately, the major ones ) won't want their shares diluted one iota. Estimating 5k of those who bought the STs to go out and buy another one, sorry, just feels that's way too optimistic. Especially in this economic climate.
You are making a hell of a lot of assumptions there. Personally I would buy another season ticket if it meant saving CCFC and I'm sure many true fans would feel the same.
As for the directors shareholdings, it must be very clear to them by now they are next to worthless and therefore wouldn't really pose a barrier to the above scheme.
You would, I thus assume you can afford it. Not all ST holders can. That's the issue.
And whilst shares may be virtually worthless now, value will go up should a CVA get passed, clearing the bulk of the debts. Don't underestimate the propenstiy of Ridders and Guy to care about self preservation.
Thu Mar 11, 2010 3:39 pm
nerd wrote:Tony Blue Williams wrote:nerd wrote:Trust on the board of directors? Never. Ever. Happening.
The fact is, the Trust can't organise any protests - they'll lose the valuable "dialogue" link. And if they did organise say a march, the accusation would of of piggybanking off others work.
ST money, estimating @ £400 per times 6k is £2.4m. That won't be enough to last until summer.
It's investment or the miracle of playoffs/promotion.
The best that can happen is admin - to purge the existing board - and rebuild from there.
I agree that promotion and admin are definate options but I was just offerring another one. Actually my plan involved around 50% of the 10,000 season ticket holders who have already paid, converting their season ticket money into shares and buying another ticket for next year.
Potentially that could raise £5-6m.
The summer would then see a massive clear out, but the odds are that is going to happen any way.
As for the Trust Members sitting on the board of directors, it doesn't strickly have to be them just a supporters representative of some kind. Keith 62' would seem ideal to me, but it could be anyone.
The share issue will never happen... current shareholders ( or more accurately, the major ones ) won't want their shares diluted one iota. Estimating 5k of those who bought the STs to go out and buy another one, sorry, just feels that's way too optimistic. Especially in this economic climate.
Nerd is right on this (there I said it
).
The current major shareholders don`t want to give up their control of the club unless they get a cash lump for doing so , and converting season ticket debt into new shares wouldn`t give them a penny.
Also , the initial 10,000 season tickets raised £2.6m , so half of those converting into shares then repurchasing season tickets would only raise about £1.3m. Not an insignificant sum in most walks of life but , in the world of CCFC , only enough to pay one month`s wages. A noble thought and idea , but a bit like putting a sticking plaster on a badly gashed arm.
Thu Mar 11, 2010 4:02 pm
nerd wrote:
You would, I thus assume you can afford it. Not all ST holders can. That's the issue.
And whilst shares may be virtually worthless now, value will go up should a CVA get passed, clearing the bulk of the debts. Don't underestimate the propenstiy of Ridders and Guy to care about self preservation.
A good % would buy one if it mean't saving the club that's the point and believe me I would struggle to buy one but would do it if it saved the club.
Your point on the share value and the CVA is completely off it doesn't work that way although I agree that Guy and Ridders are a pair of twats.
Thu Mar 11, 2010 4:09 pm
since62 wrote:Nerd is right on this (there I said it
).
The current major shareholders don`t want to give up their control of the club unless they get a cash lump for doing so , and converting season ticket debt into new shares wouldn`t give them a penny.
Also , the initial 10,000 season tickets raised £2.6m , so half of those converting into shares then repurchasing season tickets would only raise about £1.3m. Not an insignificant sum in most walks of life but , in the world of CCFC , only enough to pay one month`s wages. A noble thought and idea , but a bit like putting a sticking plaster on a badly gashed arm.
At least I have f*cking ideas which which more than can be said of you ATM 62. Instead of constantly slagging me off why don't you get off your arse and starting doing something because I'm getting fed up to the back teeth with this WON'T DO CAN'T DO attitude you and that spineless bunch on the Trust Board constantly spue out.
In fact I have just cancelled my trust membership, I'm not wasting another minute with you
Fri Mar 12, 2010 12:05 am
Tony Blue Williams wrote:since62 wrote:Nerd is right on this (there I said it
).
The current major shareholders don`t want to give up their control of the club unless they get a cash lump for doing so , and converting season ticket debt into new shares wouldn`t give them a penny.
Also , the initial 10,000 season tickets raised £2.6m , so half of those converting into shares then repurchasing season tickets would only raise about £1.3m. Not an insignificant sum in most walks of life but , in the world of CCFC , only enough to pay one month`s wages. A noble thought and idea , but a bit like putting a sticking plaster on a badly gashed arm.
At least I have f*cking ideas which which more than can be said of you ATM 62. Instead of constantly slagging me off why don't you get off your arse and starting doing something because I'm getting fed up to the back teeth with this WON'T DO CAN'T DO attitude you and that spineless bunch on the Trust Board constantly spue out.
In fact I have just cancelled my trust membership, I'm not wasting another minute with you
Good Grief Who rattled your cage!!
I'd hardly call what Since62 said as slagging you off. He simply explained why he didn't think your idea would work
There are some very thin skins on this board.
Fri Mar 12, 2010 7:27 am
Tony Blue Williams wrote:At least I have f*cking ideas ......
It's a shame they are totally unworkable really.
Shall I remove you from the Trust membership system, Tony?
Fri Mar 12, 2010 7:52 am
Just seen your e-mail. Your membership has been terminated as requested.
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