Bennets Afro
Well-Known Member
I'd of thought that after all the years of trying to get rid of the owners and wanting a place on the board that they would already have things in place or at least know how to go about things.
This meeting is not going to give you the plan, so do not expect it to. It will tell you how it could be done if there is a willing seller - which by all accounts there isn't, and how other clubs have got on. Fans ownership is not a single model there are options. This is early days and getting the ball rolling on one side of the equation. The Trust has however spent a decent period researching this and putting professionals in place, so this meeting is not a fact find for the Trust Board.
I would not get too hung up of the figures, there are plenty of ways to finance a deal. It should at least alert others that there is positive interest in the club by fans. That fans value it and are prepared to do something more than protest
There is of course risk attached to it. The whole thing could fail like some other clubs. It could also succeed.
Its question time, its time for the Trust to communicate with fans, hear their concerns and begin to answer questions about fan ownership
But one thing the mechanics of all this could provide is a safety net against the owners filing for insolvency, if that happened there would be no mad scramble by the Trust because they would have the mechanics and professional help in place.
My own opinion is the Trust is the last people JS would sell to but that's just my opinion.
This meeting is not going to give you the plan, so do not expect it to. It will tell you how it could be done if there is a willing seller - which by all accounts there isn't, and how other clubs have got on. Fans ownership is not a single model there are options. This is early days and getting the ball rolling on one side of the equation. The Trust has however spent a decent period researching this and putting professionals in place, so this meeting is not a fact find for the Trust Board.
I would not get too hung up of the figures, there are plenty of ways to finance a deal. It should at least alert others that there is positive interest in the club by fans. That fans value it and are prepared to do something more than protest
There is of course risk attached to it. The whole thing could fail like some other clubs. It could also succeed.
Its question time, its time for the Trust to communicate with fans, hear their concerns and begin to answer questions about fan ownership
But one thing the mechanics of all this could provide is a safety net against the owners filing for insolvency, if that happened there would be no mad scramble by the Trust because they would have the mechanics and professional help in place.
My own opinion is the Trust is the last people JS would sell to but that's just my opinion.
I'd of thought that after all the years of trying to get rid of the owners and wanting a place on the board that they would already have things in place or at least know how to go about things.
A positive move, if only to explore the options on articles of association, general rules, etc. Obviously, the structure of any replacement business to the current one will need careful consideration, but has the potential to be more transparent and open to scrutinyI can tell you now it is not a stunt and none of the old faces have been involved
Everything has to be explored, it might not work for CCFC, there might be better options, events may overtake it, but at least the Trust can make informed decisions and will have provided an option
The idea certainly seemed to rattle TF
Now here's a question, can a fan or fans own a player? The fan(s) finance the buying of a player and having a say it and when he is sold etc.?A takeover is the wrong approach right now, but that doesn't mean we shouldn't attempt to get some sort of official foot hold in the governance of the club
Now here's a question, can a fan or fans own a player? The fan(s) finance the buying of a player and having a say it and when he is sold etc.?
Got a feeling they can in theory.
Would obviously have to be in conjunction with the manager actually wanting the player in question of course.
Has it ever happened and can it possibly work? Guess the buying would be easy enough, but problems would arise when the club want to sell the player and maybe the fans don't.
The MyFootballClub thing came up against this when they bought Ebbsfleet. They tried using online voting for transfers etc but it very quickly became unworkable and was abandoned.Now here's a question, can a fan or fans own a player? The fan(s) finance the buying of a player and having a say it and when he is sold etc.?
Got a feeling they can in theory.
Would obviously have to be in conjunction with the manager actually wanting the player in question of course.
Has it ever happened and can it possibly work? Guess the buying would be easy enough, but problems would arise when the club want to sell the player and maybe the fans don't.
Very similar to how SISU went about agreeing to pay the rent when they took us on then.It wouldn't be really with the Trust as it is, the whole thing would need a reform.
One day putting out statements having silly digs, the next day negotiating long term rentals deals with wasps? It would be "How much is it?", "We haven't worked it out yet, but if you sign now we will just add the price in","are you sure?","we hate sisu too remember","ok done".
But what if a City fan was a multi-millionaire and decided he wanted to buy a player for the club?The MyFootballClub thing came up against this when they bought Ebbsfleet. They tried using online voting for transfers etc but it very quickly became unworkable and was abandoned.
To my mind fans can't have a direct say in transfers. The only way it works is to have fan representation on the board elected by public vote.
I think that would be ok, as long as there is no third party ownership of the player.But what if a City fan was a multi-millionaire and decided he wanted to buy a player for the club?
Could that work? Someone buys the player, the club pay the wages.
But what if a City fan was a multi-millionaire and decided he wanted to buy a player for the club?
Could that work? Someone buys the player, the club pay the wages.
But what if a City fan was a multi-millionaire and decided he wanted to buy a player for the club?
Could that work? Someone buys the player, the club pay the wages.
Realistically how viable is it? All we have pretty much seen is articles in the telegraph about being fan owned, fan owned statements etc. What's the plan already in place etc if we became fan owned?
Just hope it's not another stunt to get fans worked up and get some protests.
Was just fantasizing in my head. If a massive City fan won the lottery, but didn't wish to buy the club and didn't wish to invest with Sisu at the helm, maybe they could buy a player for the club.I think that would be ok, as long as there is no third party ownership of the player.
Sent from my HTC One_M8 using Tapatalk
It isn't really about 100% fan ownership is it, that may work for smaller clubs but for a team that has realistic expectations of the Championship or beyond then some serious backing will be required. A fan stake is desirable and this time the fans must never ever give their small stakes to a hedge fund. Furthermore some form of fan representation at board level is needed and not one where the representative is the same person for years, that is too comfy.
Would be useful to clear up early on rather than it coming back to bite the trust down the line.The same supporters direct who worked with the council's PR company?
Absolutely, anything like this needs to be a totally fresh start.I think that this is a sensible move by the Trust although they will have been speaking to SD about it in private for a good few years. Hopefully Preston Haskell IV, Ray Ranson or Gary Hoffman aren't going to be involved
Would be interesting to see a list of all clubs who have fan ownership, be it a minority or controlling share, and compare where they are now to where they were prior to fan involvement.One thing worth pointing out – remember our first opponents after we got relegated to the Championship? Stockport County? Have a look at how things went there to counter the success stories of AFC Wimbledon & Pompey before we get too excited.
Or at least record it and stick it up on youtube for anyone that wasn't there, audio only would do.Might be a good one to live stream with a decent feed to periscope or something?
No one wants the debt, that is SISU's problem, I don't care if they lose a lot of money.Surely now all the trust would be buying is a share of debt to SISU / Their investors?
Qualms.Would have to do the fans funding type things where you get things back in return, basically pimp everything out they can in return for matchday treats, behind the scenes days etc. A good thing as it would build up a bit of pride too.
I'd have no quarms chucking in what I could behind a solid plan.
I can tell you now it is not a stunt and none of the old faces have been involved
Everything has to be explored, it might not work for CCFC, there might be better options, events may overtake it, but at least the Trust can make informed decisions and will have provided an option
The idea certainly seemed to rattle TF
is that why Les Reid's mate Rob_S has rocked up and posted for the first time in ages? Funny, Nick that hasn't realised.
I did, I just had a look through his Twitter and seen he's been to a fair few games travelling up from Brighton and he doesn't have multiple accounts. He's logged in a fair bit also from what I can see and also posted on other football related threads.
Are you really going to try and start throwing digs like that about when you still haven't replied to any of my PM's or questions about them in posts? :emoji_smile:
You keep defending SISU if you want, I won't be doing that.
is that why Les Reid's mate Rob_S has rocked up and posted for the first time in ages? Funny that Nick hasn't realised.
Would be interesting to see a list of all clubs who have fan ownership, be it a minority or controlling share, and compare where they are now to where they were prior to fan involvement.
It isn't really about 100% fan ownership is it, that may work for smaller clubs but for a team that has realistic expectations of the Championship or beyond then some serious backing will be required. A fan stake is desirable and this time the fans must never ever give their small stakes to a hedge fund. Furthermore some form of fan representation at board level is needed and not one where the representative is the same person for years, that is too comfy.
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?