Take over ready to go ahead.

[Lytham Rover]

As i understand it ALL the land around the ground including carparks (except perhaps 4) are covered by covenants there precluding any development

So that's one theory up the swanee!

[bobjimwilly]

I just do not understand why anyone feels the need to question the deal that JR was backing along with Trevor Milton.

surely his backing alone should be suffice for the likes of us!?

The VSC as an organisation should never back anything, such as a 100% takeover, if they have any doubts. John Ryan has done wonders for the club, from helping save it from extinction to helping guide it to the championship. But people still make mistakes, can be misinformed, or sometimes even misguided. The VSC can offer an independent 3rd opinion, if you will, which is exactly what we want to do here. But we simply haven't been offered any information on the situation, which should get alarm bells ringing for everyone?

[roverssam1879]

Sam, the original deal is questioned because the prospective owners were unknown as were their motives and plans.  The same questions would be asked of any proposed takeover?

I would hope that the board (whoever they are) asks these questions themselves, without necessarily needing to resort to the fanbase.

Do you not think JR would have done so?

[IDM]

Sam, the original deal is questioned because the prospective owners were unknown as were their motives and plans.  The same questions would be asked of any proposed takeover?

I would hope that the board (whoever they are) asks these questions themselves, without necessarily needing to resort to the fanbase.

Do you not think JR would have done so?

I would hope so, but the rest of the board clearly weren't satisfied. 

[River Don]

Sam, the original deal is questioned because the prospective owners were unknown as were their motives and plans.  The same questions would be asked of any proposed takeover?

I would hope that the board (whoever they are) asks these questions themselves, without necessarily needing to resort to the fanbase.

Do you not think JR would have done so?

And round and round and round it goes. All concerns must be shelved because JR sanctions it and he is infallible. For instance, it isn't the VSCs role to just blindly agree with John Ryan, they had their own questions of SC and no answers were forthcoming.

[roverssam1879]

Im sure they would tell JR a fair bit more than what they would give the VSC though.

[CraigyBoy]

Sam, the original deal is questioned because the prospective owners were unknown as were their motives and plans.  The same questions would be asked of any proposed takeover?

I would hope that the board (whoever they are) asks these questions themselves, without necessarily needing to resort to the fanbase.

Do you not think JR would have done so?

If the vsc have had no info, why then are some of its board members so against it? What strikes me as funny is that Jr apparently can't be trusted when he wants the deal to go ahead but as soon as Bramall says it's ok....... All a bit strange.

[roverssam1879]

TB wants SC to come up with the money now...so he can walk rather than wait 3 to 5!

[River Don]

TB wants SC to come up with the money now...so he can walk rather than wait 3 to 5!

Or maybe to ensure they actually have the money and are really prepared to part with it.

[IDM]

Sam, the original deal is questioned because the prospective owners were unknown as were their motives and plans.  The same questions would be asked of any proposed takeover?

I would hope that the board (whoever they are) asks these questions themselves, without necessarily needing to resort to the fanbase.

Do you not think JR would have done so?

If the vsc have had no info, why then are some of its board members so against it? What strikes me as funny is that Jr apparently can't be trusted when he wants the deal to go ahead but as soon as Bramall says it's ok....... All a bit strange.

You've answered your own question...

Where are the VSC saying everything is kushti because TB seems OK with it?  As far as I can read, the VSC would still want its questions answered whether or not it is JR/TB involved?

[drfc1951]

TB wants SC to come up with the money now...so he can walk rather than wait 3 to 5!

Why should he have to wait for his money,if you were selling a car you wouldnt wait 5 months for your money would you.

[DearneValleyRover]

Sam, the original deal is questioned because the prospective owners were unknown as were their motives and plans.  The same questions would be asked of any proposed takeover?

I would hope that the board (whoever they are) asks these questions themselves, without necessarily needing to resort to the fanbase.

Do you not think JR would have done so?

If the vsc have had no info, why then are some of its board members so against it? What strikes me as funny is that Jr apparently can't be trusted when he wants the deal to go ahead but as soon as Bramall says it's ok....... All a bit strange.

You've answered your own question...

Where are the VSC saying everything is kushti because TB seems OK with it?  As far as I can read, the VSC would still want its questions answered whether or not it is JR/TB involved?

True, nothing has changed the questions originally asked remain unanswered so our position remains the same.

[SkellowRover]

Skellow - so if the KM2 have got what they wanted, free control over access to development - why are they now selling out to SC?

Do you support the buy-out from SC? Does your source?

Wilts who knows how much they will get from SC and who knows how they wont be tied up in the development itself? There maybe an upfront payment of £8-10m but what about after that? because i know for a fact the club was been offered for around £30 give or take the odd million with the potential for development to prospective buyers almost 2 years ago (Yes i will reveal that fact too now).

Does my source support the buyout? Yes, do i? yes, because i trust my source in regards to the future of the club. Do i trust Bramall? Not as far as i could throw him.

[SkellowRover]

Sam, the original deal is questioned because the prospective owners were unknown as were their motives and plans.  The same questions would be asked of any proposed takeover?

I would hope that the board (whoever they are) asks these questions themselves, without necessarily needing to resort to the fanbase.

Do you not think JR would have done so?

If the vsc have had no info, why then are some of its board members so against it? What strikes me as funny is that Jr apparently can't be trusted when he wants the deal to go ahead but as soon as Bramall says it's ok....... All a bit strange.

You've answered your own question...

Where are the VSC saying everything is kushti because TB seems OK with it?  As far as I can read, the VSC would still want its questions answered whether or not it is JR/TB involved?

True, nothing has changed the questions originally asked remain unanswered so our position remains the same.

But you will be powerless to stop anything and now JR has gone you have lost probably the only ally you would have had. Do you honestly think SC would want to deal with the current directors of the VSC? You're deluded if you think they will and you could very well end up in the same position os the Leeds supporters trust did unless changes are made at the top of the co-operatibe, just saying

[graingrover]

Can someone advise what the total current shareholdings plus outstanding loans to shareholders amount to?

[Lytham Rover]

Sam, the original deal is questioned because the prospective owners were unknown as were their motives and plans.  The same questions would be asked of any proposed takeover?

I would hope that the board (whoever they are) asks these questions themselves, without necessarily needing to resort to the fanbase.

Do you not think JR would have done so?

If the vsc have had no info, why then are some of its board members so against it? What strikes me as funny is that Jr apparently can't be trusted when he wants the deal to go ahead but as soon as Bramall says it's ok....... All a bit strange.

You've answered your own question...

Where are the VSC saying everything is kushti because TB seems OK with it?  As far as I can read, the VSC would still want its questions answered whether or not it is JR/TB involved?

True, nothing has changed the questions originally asked remain unanswered so our position remains the same.

But you will be powerless to stop anything and now JR has gone you have lost probably the only ally you would have had. Do you honestly think SC would want to deal with the current directors of the VSC? You're deluded if you think they will and you could very well end up in the same position os the Leeds supporters trust did unless changes are made at the top of the co-operatibe, just saying

So the VSC will have appoint some people to be glove puppets to SC?

Rather defeats the object doesn't it?

[SkellowRover]

Sam, the original deal is questioned because the prospective owners were unknown as were their motives and plans.  The same questions would be asked of any proposed takeover?

I would hope that the board (whoever they are) asks these questions themselves, without necessarily needing to resort to the fanbase.

Do you not think JR would have done so?

If the vsc have had no info, why then are some of its board members so against it? What strikes me as funny is that Jr apparently can't be trusted when he wants the deal to go ahead but as soon as Bramall says it's ok....... All a bit strange.

You've answered your own question...

Where are the VSC saying everything is kushti because TB seems OK with it?  As far as I can read, the VSC would still want its questions answered whether or not it is JR/TB involved?

True, nothing has changed the questions originally asked remain unanswered so our position remains the same.

But you will be powerless to stop anything and now JR has gone you have lost probably the only ally you would have had. Do you honestly think SC would want to deal with the current directors of the VSC? You're deluded if you think they will and you could very well end up in the same position os the Leeds supporters trust did unless changes are made at the top of the co-operatibe, just saying

So the VSC will have appoint some people to be glove puppets to SC?

Rather defeats the object doesn't it?

Have i said that? Nope.

But i can't see SC dealing with people they threatened legal action against can you? Especially when the VSC popularity is at an all time low.

[Wild Rover]

Can someone advise what the total current shareholdings plus outstanding loans to shareholders amount to?

Round figures.... 12 million shares, £1 a pop. So each of the 3 owners have 3 million stake, Ryan said club "Owed him" 3 million, so guess as it was a 1:1:1 split other two owed same. So around 21 million should cover it Brian.

[Dare to dream!]

The fact that SC haven't replied to the VSC shows how much they are going to respond/respect the VSC when they get in charge which now seems inevitable. I think that's why the VSC don't want them in because the VSC will be worthless.

[big fat yorkshire pudding]

The fact that SC haven't replied to the VSC shows how much they are going to respond/respect the VSC when they get in charge which now seems inevitable. I think that's why the VSC don't want them in because the VSC will be worthless.

Not at all. You forget we welcomed the opportunity to work with these people and simply asked a few questions. I'd be chuffed if someone came in and gave the club money with no risk.  If only it was that simple.

[River Don]

The fact that SC haven't replied to the VSC shows how much they are going to respond/respect the VSC when they get in charge which now seems inevitable. I think that's why the VSC don't want them in because the VSC will be worthless.

It seems the VSC have been on a hiding to nothing since it is looking like fan engagement isn't something SC have ever been interested in. It doesn't exactly fill me with confidence about the future of Rovers under SC.

[DearneValleyRover]

Sam, the original deal is questioned because the prospective owners were unknown as were their motives and plans.  The same questions would be asked of any proposed takeover?

I would hope that the board (whoever they are) asks these questions themselves, without necessarily needing to resort to the fanbase.

Do you not think JR would have done so?

If the vsc have had no info, why then are some of its board members so against it? What strikes me as funny is that Jr apparently can't be trusted when he wants the deal to go ahead but as soon as Bramall says it's ok....... All a bit strange.

You've answered your own question...

Where are the VSC saying everything is kushti because TB seems OK with it?  As far as I can read, the VSC would still want its questions answered whether or not it is JR/TB involved?

True, nothing has changed the questions originally asked remain unanswered so our position remains the same.

But you will be powerless to stop anything and now JR has gone you have lost probably the only ally you would have had. Do you honestly think SC would want to deal with the current directors of the VSC? You're deluded if you think they will and you could very well end up in the same position os the Leeds supporters trust did unless changes are made at the top of the co-operatibe, just saying

We aren't as powerless as you would like to make out, can we stop the sale no but there are plenty of other things that can be done to secure the future of the club after all that's why we were set up. I will leave point scoring and winkies in the hands of those told you so aren't I clever people who only wish to discredit those giving their freetime in the pursuit of keeping a Club for us to support.

[Pinter777]

From a business point of view, bramell will be looking at the figures as opposed to john ryan who like myself is dreaming of the premiership. Sometimes you have to be realistic about your situation, john seems to be on an immediate gratification process where as TB is looking further down the line.....in terms of a business on a professional level I trust TB more.

[Wellred]

   If DB does do a deal with SC that's fine by me....As that would mean that issues have been agreed and he has the assurances that the club will not be put at risk by spending miles above what we can cope with if the prem push didn't work out...

Really??? So it has nothing to do with TB waiting to get the financial deal to suit him before selling to SC

[Jenny]

I'd be surprised if TB wanted any massive financial gain out of selling his investment - the man is hardly short of a bob or two.

I don't believe this is down to personal gains, more that he wants to leave the club in a sustainable position - surely we all want that?

[silent majority]

So for an outlay of £7m he gets about £2.5m back. Some financial deal to suit him!

[Wellred]

So for an outlay of £7m he gets about £2.5m back. Some financial deal to suit him!

I wouldn't expect you to tell me how you get to your figures as I am not a vsc member. That information is only for the inner circle I suppose.

[Jenny]

The financial accounts detail the loans of the directors and the annual returns have the shareholdings. It's easy to see his much is put in.

They are both documents that are available to the general public.

[Wellred]

So SC are not going to buy his shares and his loans are going to be written off?

[Jenny]

Shares in a private company are only worth what someone will pay for them - as are the loans, so I imagine a proportion will get written off. The share capital and loans are in excess of £20m in total - the price mooted about isn't £20m. Do the maths.