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Thats because we are on the commitee Baggy! I most certainly have no experience at 'directorship' level, but cant speak for Loweiy or Macca. :D |
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same as the Cowboy on this - I have no experience (no would I like any) of bored (sic) room yawning. My feelings were that those who have experience of things should be put towards that. Whether or not our elected Chairman was the right man there and then for the job was unimportant - he has lots of experience of chairing various committee's so was therefore the popular choice, and so on.
Let the penpushers do the yawning and groaning and leave the fundraising and fun stuff to those that appreciate it! things are on the up and The Don et al have been invited to our next meeting at which point we should have a clearer indication of what the future holds. Hopefully we will have good news in a fortnight or so. |
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Sounds good to me Rob.
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things must be going the right way, even cashy is optimistic.:)
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Is Peter Shaw the ex-car-salesman ?
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IMHO....The corner has at last been turned...my prediction in March that for our Great Club that 'Spring has Sprung' ( although it was predicted with some trepidation !)....appears to be coming true (Well almost!). As for Peter Shaw...the position of Chairman could not be in better hands. This wise and experienced man , whose integrity and loyalty to Accrington Stanley can not be questioned in any way whatsoever will help the Club to achieve all that is required at this time!.....TRUST ME !!. Indisposition has denied me the opportunity to become involved in those developments which]I would dearly have liked to have added my thoughts to...but I pass my regard and admiration for all those on our Forum who have demonstrated their true support for 'the Reds'..efforts which have...and will provide the club with a viable and exciting future !.. 'ON STANLEY....ON !!!!' |
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but I pass my regard and admiration for all those on our Forum who have demonstrated their true support for 'the Reds'..efforts which have...and will provide the club with a viable and exciting future !..
'ON STANLEY....ON !!!! Thanks for the kind words Yonmon :) And nice to see a post from your goodself :):):) |
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good to see ya back online mate, ya been missed.;)
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no link on their site yet but todays Telegraph has Rob Heys talking about the bid
snippets are: Accrington Stanley hope to negotiate a new deal with the Supporters' Fund after indicating that they are unlikely to accept a proposal for a share issue.... Rob revealed the club plan to publish their accounts on a monthly basis ... they have outlined six or seven things in their proposal in terms of transparency, being honest and open, that we have no issue with at all ... we are happy to offer Peter Shaw (ASSF chairman) a place on the board ... they've invited us to a meeting next wednesday which we've taken them up on ..... |
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no harm at all in meeting, though i do wonder the "Reason" the club say they are unlikely to accept the share issue thing?:confused: if they are gonna be as transparent as they claim, then tell us whats a no-no about it.?
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Evening Telegraph article now on line.
Accrington Stanley cautious over share issue (From Lancashire Telegraph) |
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If the Fund is serious about helping the club and not intent on watering down the current share allocation, then it shouldn't be a stumbling block.
It'll be interesting to see what happens next. |
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it probably won't be a stumbling block to be honest. Only my opinion mind you.
The problem is if we/Ilyas puts in £250,000 and they blow the money then that is it. We have nothing to show for it etc etc. The point of a share allocation is that we (you and I and everyone who wants to get involved with the FF as and when that side gets up and running) gets full involvement for the money. The FF is/will be owned and run by the fans, we get full say in what happens with the money. The best example is that I reckon we need 5 full time top paid sales professionals on board at £50k per year each, but Coley reckons we need 5 top class strikers on board at £50k each. The first lot would enable us to have the second lot next year and paid for, but if we got the second lot first then if we did not achieve promotion straight away we wouldn't be able to have them next year and we wouldn't have the sales staff neither. Eric has always gone for the second lot (short term fix) and ignored the first lot (long term fix) and that is what has got us where we are now - football league but with no money and no visible means of kicking on from here. We don't yet know what The Don has in mind so its difficult to say what the future has in store, but the FF is there for if and when the **** hits the fan (kinda already has?) so the monies need to be carefully looked after. |
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5 full time sales pros @ 50k, don't compute at all to me macca, with the potential fan base etc etc, i dont mean they do not need a sales pro, but 5 @ 50k is a bit rich to me.:confused:
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hmm, actually what I meant to say (but was rushing cos shudda been working) was that was just an example - I didn't literally mean that we should pay 5 guys 50k.
The point is that most people would agree (The Don included) that it is the backroom where the weaknesses lie and it is this area where any investment should be made but it has to be done wisely. |
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Damn.... does anybody know how to fish a job application out of a postbox ? :D |
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I fully agree that there're places where the money should be spent in order to see a return on it. I also agree that throwing money into a black hole is pointless and that the club should be made more accountable fpr investment than it has in the past. Having a representative on the Board will go a long way towards doing that, but the issuing of more shares isn't necessary to achieve that goal.
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I am not slagging DON off, I am just stating a fact, a representative on the board will not have a telling vote and therefore will just be at board meetings to observe.
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board meetings are run on a one person one vote principle, but can be overturned by a major shareholder calling an EGM for shareholders. Petty and would make the major shareholder look like a sore loser, but thats how it is.
Apparently Eric was overruled several times in this manner. |
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All board members are equal, all voices and ideas are listened too!! |
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Did the meeting between the club and the Fighting Fund take place last Wednesday...and if so, how did it go?
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:) Cheers Valairian :)
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There is an article in todays Observer club and fans play happy families
in a nutshell we have followed the lead given by Professor Glasson and done the same deal (cheque will be presented at the Burnley game) we have offered our unconditional support to the commercial department to aid their efforts particularly in selling draw tickets. We will also further liase with the club to ensure that any fundraising efforts are not duplicated. We will be holding a public meeting in the second week of August (date to rubberstamped with the club) at the clubhouse. At this meeting you can all ask any questions as to how we propose to move forward from this point on. We will also invite all members of the public to get involved with us at this point. We need your ideas as to how we can fundraise, and we need your help to do this. This is the point that we would ideally have been at a few weeks ago but the eventual takeover and its subsequent questions delayed this meeting. But this is the point where the fighting fund becomes more than 10/11 people sat in a room and should become an army of Stanley fans all willing to make more effort to stablise our club. We now need the man on the street to be seen on the street. Footsoldiers if you will (not cannon fodder though :rolleyes:). The share issue is not going to happen any time soon, so likewise Ilyas Khans money is not going to happen any time soon. The money pledged by Mr Khan is explicitly for use in a share issue and The Don (and fellow majority shareholders) have indicated that they are unwilling to travel this route. If I'm honest this has split the committee somewhat (but peace has broken out) as some think that is our only purpose whilst others think that the FF should become other things. From becoming other things what do we do with any monies raised? do we a) feed it directly to the club to do with what they will? or do we b) save the money and do with it what we will? This point does still need to be ratified by the committee because there are valid points on both sides and there are members of the public who will not contribute to the fund whichever route we take. All in I will agree with Rob Heys in the Observer when he says that both parties have indicated their willingness to work with each other because we all cheer for the same side. Anything that the FF is unable or unwilling to proceed with will be taken to the next OSC meeting for us to see if we can do it via that avenue. The Don and his team (six were present) talked about various things at the meeting. They hinted at projects that were ongoing and plans that they have. I can't say anymore as any facts given (very few, mostly conjecture) were given in good faith that they wouldn't leave the room) but the upshot of it all was that the club are taking great strides towards professionalising the structure of the club. The feeling was that this season will continue to be a struggle because of everything that is going on, but providing we are safe come May we should be in a far better position for the following season. I very much doubt that the misery and disappointment that we have all felt this close season will be remembered by this time next year. and we have beaten Morecambe to a signature they wanted after also shafting them over Jimmy Ryan :D |
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Macca, not going to quote the full post, but I am glad you did it because I could not have done it the justice you have, cheers mate :thumbsup: :) Great news all round I feel and as we all know, we must pull together for the next 12mths and then see the rewards...:)
ON STANLEY ON |
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Just to clarify things for my simple mind...
The FF (or its new name) is going to lend the club some money, interest free, which matches that lent by the Prof? Where has this money come from, if Ilyas is only prepared to use his money for a share issue? The FF is predominantly a fundraising project (as it seems to stand at the moment), so how is this different to the Supporters Club? I'm just trying to understand. :) |
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The OSC tends to be about the average fan who has limited or no knowledge of board room stuff but just wants to get involved. It may mean that in the coming months we try to shift the focus of OSC meetings - but that will depend on the bodies that come. |
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Thanks for clarifying that Rob.
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http://www.newsnow.co.uk/FGB.gifAccrington Stanley get extra time from the taxman Lancashire Telegraph - Accrington Stanley
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thanks mab, saw this article this morning and was gonna post it but there was no link available. Pretty much what I posted earlier in the week but good to see it out in the press.
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I am very much for the share issue route but its good to see ASFCFF and the Club working together for the good of the Club.
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At the moment we have to accept that the share holders - mainly The DON - Would not want to dilute their share's with a share issue! The only way that I can see the ASSF/FF aquiring some share's would be if an existing share holder deceided to sell their share's to the ASSF/FF!! :):) Here's hoping :)
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With a new share issue the money would be available for the club. |
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But new shares would mean diluting O'Neil's newly bought percentage, which would be totally unfair.
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I just think that everyone should be getting behind David O'Neill now. The opportunity for issuing new shares has gone along with Eric Whalley.
Any serious amounts of money should now (in my humble) be put into the club via the many available avenues of sponsorship. |
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The Articles of Association of most smaller companies give existing shareholders first dibs when it comes to subscribing to new share issues so they can maintain their majorities if they have the cash and the inclination to fully take up their allocation. That's all the "fairness" existing shareholders are entitled to.
The club needs the cash to build and maintain a team more people want to come and watch (in the face of two Premiership Clubs) and to service debts eg HMRC and Professor Glasson. Prudent housekeeping can only go so far. That cash will have to come soon and fairly consistently if not all through trading activities then in part through a share issue. |
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The only way it would happen would be if somebody was to 'buy' the Dons shares for way more than they are 'worth' in order for him to buy back at the newly inflated price. As majority shareholder, and with Ilyas and one or two other more minor shareholders to back it, the idea could be pushed through (IMHO) but it would take a ridiculous amount of money wasted in order to do that. |
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All I am talking about at the moment - as things will have to move slowly - is for some of the shares to be mopped up, as it appears that most of the other shareholders do not seem to be bothered/interested! (I am talking about people with 10%,15% Etc.) Surely if the ASSF/FF could over the years aquire shares and therefore have a greater input into the club, that in the long run must be a good thing for the club! I understand fully that unless there is a new share offer then the club will not get any monies directly... :):)
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Ilyas is already the second highest shareholder, so I don't see what difference owning shares would make. Shareholders have very little authority anyway, so it's nothing to do with being bothered or interested.
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until there is a nominal fee attached to the shares who is to say what they are worth?
eg, what did you pay for yours TM? and what whould it take for you to part with it? it would be of no use to the average Joe (no pun intended Joe) but would of some use to a larger shareholder. And how many of those lesser shareholders would be willing to part with something that has more sentimental value than financial? |
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Funnily enough, I found the share certificate last week when I was clearing out my loft. When I bought the shares in 1993 I paid well over the odds for them, as they were worth probably less than they are now. I remember my father saying that I was throwing the money away, but I knew that anyway. I bought the shares at a time when the club were in serious need of investment (sound familiar?), but I never intended it to any kind of investment and as the shares are still practically worthless, there's no incentive to sell them.
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so as a trading card so to speak it has no real monetary value, but if you were offered, say, a hundred quid for a 'worthless' piece of paper, would you accept it? (i'm not buying by the way)
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I'm not in any rush to sell them. :)
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Think I bought about the same time.Used to get invited to AGM's,but can't remember the last time.Possibly now we might get a vote !!
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You might not be, but ...... if a significant number of small shareholders were to sell their shares to the ASFF for a purely nominal sum (i.e. to all intents and purposes give them to the fund), then an ASSF rep would be entitled to attend shareholders’ meetings (assuming there are some in the brave new world of the Don) with a bit of clout. For someone in Bagpuss’ position, who has already supported the club financially in the past, this might be an attractive alternative way of helping the ASSF without having to dig deep for more cash …….. Of course it would be necessary to know more about how many shares actually exist, and how many might be made available in this way, to be able to work out if this might be worthwhile. Just thinking aloud really, and no, I don’t have any shares myself, so I can’t make a selfless offer to kick things off ….. |
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all that hav them just give them to the the top a man ak
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we need to get all in the right hand and give all we can as fans to mr k then we may get more say at the club . if i had any % in the club i would give it . but we all do hav a% in the club as paying fans and my ponit is fans = club no fans no club
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certainly is if you're into identity theft
about 1500 shares held by the smallholders - more than Mr Khan how much is a share? only EW and Do'N will ever know that I suppose |
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So, how many of you would like to sell? |
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Click on the open file Click 'View' - 'Zoom' - 400% Now you should be able to see it all |
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Can I ask you where you got these from Jeff? Are they in the public domain? Did you consult with the people involved before posting their personal details on an internet forum, even if they are out of date?
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and, as Jeff pointed out, it isn't confidential information
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Some people have trouble distinguishing between accyweb and real life Rob.;)
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Sorry guys the forum rules state you can't divulge personal information, I would reckon that covers names and addresses. And before you start throwing pans it wasn't me but I would have done the same, you really wouldn't want that kind of info on here if it was yours would you? Given that we have some total basketcases on here, I wouldn't!:eek:
As has been stated if you want the info it's in the public domain, but you can't put it on here. Just a thought, that info could be linked to the official Stanley site with no problem I would think........ |
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fur doos then!
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I asked the Mods if I could just post the list of shareholder names and number of shares and was told
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So, if I say "Eric Whalley", I am, technically speaking, breaking the forum rules? Seems a rum do to me!
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How does that apply to Accyweb user names Jeff ?????
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There's a wider issue here. The Data Protection Act requires those holding personal data to be registered (for an appropriate fee) with the Information Commissioner. I doubt that Roy/Accy Web are registered for holding the details of Accrington Stanley shareholders so they have taken the sensible decision that that, and similar information, isn't held on this site. So, even if the information is in the public domain and accessible elsewhere, there are very valid reasons for not publishing it on here.
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So, what does the panel think of the latest news (also on t'fishy site)?
Lazarus appointed joint-chairperson at Accrington Stanley (From Lancashire Telegraph) Must admit, I'd never heard of her until a few weeks ago when she joined us on the promotional side. Now, she's joint chairwoman. Who is she? Does anyone know her? Just curious. :) |
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Not too sure what this is about really?????
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Just an update on the F.F. / A.S.S.F. There is an "Open Meeting" at Stanley in the club house, Friday night 14th August 7.00 P.M. Please be there if you can. :):)
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