Re: The Takeover

290
neilcork68 wrote: September 13th, 2023, 1:45 pm
Stan A. Einstein wrote: September 13th, 2023, 1:28 pm If, as appears to be the case supporters are being asked to cast their vote on a binary proposition of remain as we are or vote for Huw Jenkins, there is a problem. The board have said the trust model is unsustainable. So you vote for Mr Jenkins or you vote for oblivion.

Now there are many reasons why the board may favour Mr Jenkins.
1) They genuinely believe that Mr Jenkins offer is the best for Newport County.
2) They will be allowed to keep their seats on the board.
3) Mr Jenkins will not spill the beans as to how Newport County's finances got into such a state.
4) There are so many other possibilities, too many to mention.
5) A combination of the above.

The criticism of the incumbent board is the lack of transparency and disclosure. Now we have it in spades. And one final point to emphasize this. If you look at posts defending the board of directors just look at how many contain the phrase.: 'It could be that.........'.

I agree.
I hope the decisions are made for the good of the club not what the decision makers get out of it.
IF the other bidder is J Pratt he may want to bring his own people in because he may feel a fresh start is needed..The current people , the ' decision makers ' may vote against what could be a better deal for the CLUB but not for them...

I believe both offers / options should be known to Supporters before the 28th September so shareholders will vote for the ( hopefully ) better option for the CLUB not INDIVIDUALS

Turkey's don't vote for Christmas .

Eg


Pratt says " I will invest £3million but you lot bugger off , I have my own team to bring in to run the club"

Jenkins says " I have £2.75 million to invest but most of you will stay on as Board Members.....


Which one do you think they would vote for ????
Colin Everett stated in the last meeting, that at the discussion stage, and before any bids were formally presented, that neither group were offering millions, far from it..............

He also said that he would like to see the bidders agree to make a presentation at the meeting, and answer questions.................

I still think that a combined bid is the best way forward, but to me at least, it has to be sustainable, and not based upon trust monthly subscriptions..........I accept that means no trust representatives will be invited, which is a shame, as they have a proven record of success in this division with very limited budgets..........

Re: The Takeover

291
excessbee wrote: September 13th, 2023, 11:23 am
flat4 wrote: September 13th, 2023, 11:15 am As it was the Argus that released the story, I can only imagine it was with the blessing of the club, which to me displays yet again how little respect the Board has for the fans.
Or of course it may not have been with the blessing of the club. That seems to be merely your assumption.
Why would the Argus want to destroy any links with the club, they struggle too as it is to produce a paper, if it was without the blessing of the Board, I think things are going to be a little frosty in the future.

Re: The Takeover

292
Bangitintrnet wrote: September 13th, 2023, 2:56 pm
neilcork68 wrote: September 13th, 2023, 1:45 pm
Stan A. Einstein wrote: September 13th, 2023, 1:28 pm If, as appears to be the case supporters are being asked to cast their vote on a binary proposition of remain as we are or vote for Huw Jenkins, there is a problem. The board have said the trust model is unsustainable. So you vote for Mr Jenkins or you vote for oblivion.

Now there are many reasons why the board may favour Mr Jenkins.
1) They genuinely believe that Mr Jenkins offer is the best for Newport County.
2) They will be allowed to keep their seats on the board.
3) Mr Jenkins will not spill the beans as to how Newport County's finances got into such a state.
4) There are so many other possibilities, too many to mention.
5) A combination of the above.

The criticism of the incumbent board is the lack of transparency and disclosure. Now we have it in spades. And one final point to emphasize this. If you look at posts defending the board of directors just look at how many contain the phrase.: 'It could be that.........'.

I agree.
I hope the decisions are made for the good of the club not what the decision makers get out of it.
IF the other bidder is J Pratt he may want to bring his own people in because he may feel a fresh start is needed..The current people , the ' decision makers ' may vote against what could be a better deal for the CLUB but not for them...

I believe both offers / options should be known to Supporters before the 28th September so shareholders will vote for the ( hopefully ) better option for the CLUB not INDIVIDUALS

Turkey's don't vote for Christmas .

Eg


Pratt says " I will invest £3million but you lot bugger off , I have my own team to bring in to run the club"

Jenkins says " I have £2.75 million to invest but most of you will stay on as Board Members.....


Which one do you think they would vote for ????
Colin Everett stated in the last meeting, that at the discussion stage, and before any bids were formally presented, that neither group were offering millions, far from it..............

He also said that he would like to see the bidders agree to make a presentation at the meeting, and answer questions.................

I still think that a combined bid is the best way forward, but to me at least, it has to be sustainable, and not based upon trust monthly subscriptions..........I accept that means no trust representatives will be invited, which is a shame, as they have a proven record of success in this division with very limited budgets..........
They may not be offering millions on day one but over time unless they do grnerate additional millions somehow they will be time wasters. This is why we need to see properly detailed bids with a business plan and the ability to compare one against the other.

Re: The Takeover

293
countymadbel wrote: September 13th, 2023, 1:54 pm Was told Pratt doesn't want the current board there so will be interesting who they pick
Is he going to exclude himself then, assuming he has bid and is the preferred bidder?

Seriously, after everything that's gone on, I'd think those left are just bringing this car crash to a conclusion, and will then run to the hills vowing never to volunteer for anything ever again.

I have a degree of sympathy for those on the Board who stepped up from relatively humble positions of supporting/volunteering for many years previously, but none for those 'successful local businessmen' who were supposed to have brought business acumen to the table.

Re: The Takeover

294
They may not be offering millions on day one but over time unless they do grnerate additional millions somehow they will be time wasters. This is why we need to see properly detailed bids with a business plan and the ability to compare one against the other.
[/quote]
This above a comparison without board recomending one or the other people trust members can decide for themselves i am thinking of attending but if its gonna be steam rollered througb regardless does make you think whats the point no wonder the other bidder has remained quiet

Re: The Takeover

295
Trev wrote: September 13th, 2023, 3:35 pm They may not be offering millions on day one but over time unless they do grnerate additional millions somehow they will be time wasters. This is why we need to see properly detailed bids with a business plan and the ability to compare one against the other.
This above a comparison without board recomending one or the other people trust members can decide for themselves i am thinking of attending but if its gonna be steam rollered througb regardless does make you think whats the point no wonder the other bidder has remained quiet
[/quote]

As I said above, Colin Everett stated that he wanted the BIDDERS to make a presentation and answer questions..................

So perhaps one or both don't want to, or 2 have become 1..........

Re: The Takeover

296
Bangitintrnet wrote: September 13th, 2023, 2:56 pm
neilcork68 wrote: September 13th, 2023, 1:45 pm
Stan A. Einstein wrote: September 13th, 2023, 1:28 pm If, as appears to be the case supporters are being asked to cast their vote on a binary proposition of remain as we are or vote for Huw Jenkins, there is a problem. The board have said the trust model is unsustainable. So you vote for Mr Jenkins or you vote for oblivion.

Now there are many reasons why the board may favour Mr Jenkins.
1) They genuinely believe that Mr Jenkins offer is the best for Newport County.
2) They will be allowed to keep their seats on the board.
3) Mr Jenkins will not spill the beans as to how Newport County's finances got into such a state.
4) There are so many other possibilities, too many to mention.
5) A combination of the above.

The criticism of the incumbent board is the lack of transparency and disclosure. Now we have it in spades. And one final point to emphasize this. If you look at posts defending the board of directors just look at how many contain the phrase.: 'It could be that.........'.

I agree.
I hope the decisions are made for the good of the club not what the decision makers get out of it.
IF the other bidder is J Pratt he may want to bring his own people in because he may feel a fresh start is needed..The current people , the ' decision makers ' may vote against what could be a better deal for the CLUB but not for them...

I believe both offers / options should be known to Supporters before the 28th September so shareholders will vote for the ( hopefully ) better option for the CLUB not INDIVIDUALS

Turkey's don't vote for Christmas .

Eg


Pratt says " I will invest £3million but you lot bugger off , I have my own team to bring in to run the club"

Jenkins says " I have £2.75 million to invest but most of you will stay on as Board Members.....


Which one do you think they would vote for ????
Colin Everett stated in the last meeting, that at the discussion stage, and before any bids were formally presented, that neither group were offering millions, far from it..............

He also said that he would like to see the bidders agree to make a presentation at the meeting, and answer questions.................

I still think that a combined bid is the best way forward, but to me at least, it has to be sustainable, and not based upon trust monthly subscriptions..........I accept that means no trust representatives will be invited, which is a shame, as they have a proven record of success in this division with very limited budgets..........
I would rather see the Trust focus on acquiring assets such as a training ground and player houses. These to be owned and held by the Trust as foundation stones for the Club.

Re: The Takeover

298
whoareya wrote: September 13th, 2023, 9:36 am
Torquay Exile wrote: September 12th, 2023, 11:38 pm Stan has mentioned many times how important it is to have our own Stadium and we all know that he's right.
How can you speak for us all by saying we all know that he's right?
Have you asked everyone on the forum thIs question?

HAVE THEY ALL ANSWERED THAT THEY AGREE WITH YOUR ASSUMPTION?

Do you have evidence or proof to confirm this?



Are you trying to say that you wouldn't be interested in us having an interest in Rodney Parade, or should I say paying for a 50 percent share in Rodney Parade?

Surely you can see the benefit of us (Newport County) in having an equal share in Rodney Parade?

Re: The Takeover

299
Torquay Exile wrote: September 13th, 2023, 4:28 pm
whoareya wrote: September 13th, 2023, 9:36 am
Torquay Exile wrote: September 12th, 2023, 11:38 pm Stan has mentioned many times how important it is to have our own Stadium and we all know that he's right.
How can you speak for us all by saying we all know that he's right?
Have you asked everyone on the forum thIs question?

HAVE THEY ALL ANSWERED THAT THEY AGREE WITH YOUR ASSUMPTION?

Do you have evidence or proof to confirm this?



Are you trying to say that you wouldn't be interested in us having an interest in Rodney Parade, or should I say paying for a 50 percent share in Rodney Parade?

Surely you can see the benefit of us (Newport County) in having an equal share in Rodney Parade?
How much would the new Dragons consortium want for 50% of Rodney Parade?
How much would Newport County then have to pay to use Rodney Parade?

Re: The Takeover

300
Torquay Exile wrote: September 13th, 2023, 4:28 pm
whoareya wrote: September 13th, 2023, 9:36 am
Torquay Exile wrote: September 12th, 2023, 11:38 pm Stan has mentioned many times how important it is to have our own Stadium and we all know that he's right.
How can you speak for us all by saying we all know that he's right?
Have you asked everyone on the forum thIs question?

HAVE THEY ALL ANSWERED THAT THEY AGREE WITH YOUR ASSUMPTION?

Do you have evidence or proof to confirm this?



Are you trying to say that you wouldn't be interested in us having an interest in Rodney Parade, or should I say paying for a 50 percent share in Rodney Parade?

Surely you can see the benefit of us (Newport County) in having an equal share in Rodney Parade?
No, I want you to PROVE THAT WE ALL KNOW HE'S RIGHT

Show us your EVIDENCE