They don't get their money back, they don't want their money back.

Whatever people feel about Ted he is a supportor of the Club and has been since a kid. All he wants to do is step down and let someone else run the club but until there are new investors there is no one else to run it.

His shares will be put into Trust.

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Thats generous i suppose, but why issue an exra share holding, surely that will de-value the share holding in its entirety, why not just sell his shares to the investors and give the money to the club, just seems to be a strange way as who would manage the trust shares ? i dont know and tbf its nothing to do with me, but i suppose it will all come out in the wash.

that would make sense to me also, ted gives his shares up, on the proviso that the required amount is raised they ere then redistributed between investors pro rata.

I guess he could but I don't think even at a 75% holding Ted has any where near 500,000 shares.

The aim is to bring new money into the Club and the Trust (Supporters or Community ?) could hold the shares as a stake in the Club and who knows have a representation on the Board.

I guess it will all become clearer shortly.

Whatever you say about Ted thats a generous decision to make after all the money he has put in. So everybody who has a go how the club is run, a £1,000 isnt that much or get some friends together to make it upto a grand and you too can have a go!!


Cant have say I'm worried though...

Because he'd get screwed on Tax meaning the £500k would be significantly reduced.

I dont think you have a hope in hell of attracting the investment you need, £500,000 is massive and why would supporters chuck money away when 2 investors (with much more money) have just walked away??

I would doubt that even Leeds, Saints or Wigan would get anywhere near that sort of investment from fans if put in the same situation........and they have all got some actual fans!!

If the basis of Wakefields future was based on getting a pie in the sky decision on this FREE stadium then it tells you something about the state of Wakefield Trinity Wildcats as a viable entity!!

The whole development at Newmarket will never be built now, its the end of all that, you lot have to face the facts and to keep slagging off Wakefield council is outrageuos in the extreme when you consider they have bought belle vue for a good amount of tax payers money 3 times in the last 15-20 years and sold it back to you for a quid 3 times so that you could sell it again to raise more cash to waste...........and you still say they havent helped you!!!!

Uninformed claptrap

Phew, this feels bad. We're hoping for a franchise as a professional sports club, but we will be run by whoever sticks their hand up in a shareholders meeting. It might be one way forward, but it feels like we are going to turn into a small-fry community club.

And I can understand why the RFL would differentiate between us and Crusaders. Looking at impartially, one is a new club saddled with debts from a previous owner, whereas the other is one that would want a loan to help out the same owners.

As much as I want to help out the club, I can't help feeling that it will be a grand down the pan. We will be in NL regardless and what happens after that is anybe's guess.

Nonsense!



And the difference between the two ideals is that we are fans first, not business men. Only the RFL can explain why the sensible business route for the club is the one that we cannot take - despite them doing the very same with another club which is supposed to be on equal footing with us!

At no point of this thread has WMDC been slagged off!!!. If anything i believe they`ve been very helpfull with the NM development.

TRB........Its time for you to stop being a busy body and cease trying to sugar coat turds and giving these poor fans things to cling on to, such THAT.... if you were not involved and read the rediculous garbage you have written over the last few months you would see straight away that there wasn't a hope in hell of it actually becoming a reality.

These fans deserve better!!

Its time for some cold hard truth on this forum and it will be tough to cope with, but stringing people along with pathetic petitions and new groups to join is a waste of everybodys time!!

The facts are thus:

- The club is in debt and without new investment will go bust within a month or 2.
- The club will not get a new Franchise.
- The club is probably unlikeley to meet its 2011 Super League commitments.
- Newmarket will NOT get the go ahead following the Public Enquiry and the project will be shelved.

Wakefield should not be asking the fans for all this money when investors won't touch it with a barge pole, they are banking on blind emotion and its a disgrace!!

If the fans want Ted out and to take the club over, why not let it go into administration and buy it for a lot less money, they could have a very good future in the championship and not have to throw all this money into a defunct Super League dream!!