Re: Takeover updates : Wed Aug 02, 2023 10:08 am  

We should all be grateful to MC and JM for keeping the club afloat and at long last delivering a ground that we can be proud of. I know MC can be a bit abrasive at time with his comments but he and his family have had to put up with so much criticism largely from people who hide behind keyboards. As for the takeover we all want it to be a successful one that will provide stability and hopefully a competitive team so let's be patient. If we were on a 20 losing run which looked likely at one point there would be some urgency regards the takeover but as we look to be in a position to overtake our local rivals in the next few weeks let's concentrate on supporting the team who always say that our support at the game is a real bonus in helping them win. But to be fare to most people on here it's not them that spew bile at MC and JM its the Facebook lot

Re: Takeover updates : Wed Aug 02, 2023 10:44 am  

I don't do Facebook (I'd personally rather watch paint dry) but I do know the sort of people who post on there hiding behind their keyboards and that's why I personally dislike FB. I know posters are anonymous on here but I don't think we see such vile comments and personal attacks on here because it's policed better than FB, which doesn't seem to be monitored at all.
Anyway, to those cretins who voice their childish, immature attacks on the present owners, has it escaped their notice that huge sums of money seem to have been poured into the club recently? Who has negotiated that? on top of everything else they have done for the club! There again they probably haven't got sufficient brain cells to work that one out.

Re: Takeover updates : Wed Aug 02, 2023 11:34 am  

1315trinity wrote:

I don't do Facebook (I'd personally rather watch paint dry) but I do know the sort of people who post on there hiding behind their keyboards and that's why I personally dislike FB. I know posters are anonymous on here but I don't think we see such vile comments and personal attacks on here because it's policed better than FB, which doesn't seem to be monitored at all.
Anyway, to those cretins who voice their childish, immature attacks on the present owners, has it escaped their notice that huge sums of money seem to have been poured into the club recently? Who has negotiated that? on top of everything else they have done for the club! There again they probably haven't got sufficient brain cells to work that one out.

I think everyone knows that we are in the position we are now is because of the money invested by the new sponsor/owner. I think it is obvious to us without sufficient brain cells to know that without this injection of money the current incumbents would not have been able to fund the recent signings that have changed our fortunes. They have had ten seasons to bring in additional investment without any obvious success
To prove this the incumbents admitted they had wanted to sign Gale before the season started but did not have any money. I only know Carter by reputation but maybe him confirming his departure hastened a new investor to come in now considering the timing. It may be a coincidence but it is also a possibility don’t you think members on Mensa.

Re: Takeover updates : Wed Aug 02, 2023 12:27 pm  

Scarlet Pimpernell wrote:

I think everyone knows that we are in the position we are now is because of the money invested by the new sponsor/owner. I think it is obvious to us without sufficient brain cells to know that without this injection of money the current incumbents would not have been able to fund the recent signings that have changed our fortunes. They have had ten seasons to bring in additional investment without any obvious success
To prove this the incumbents admitted they had wanted to sign Gale before the season started but did not have any money. I only know Carter by reputation but maybe him confirming his departure hastened a new investor to come in now considering the timing. It may be a coincidence but it is also a possibility don’t you think members on Mensa.

Assuming this is correct and it certainly seems that new cash has become available as the takeover "gets closer", why does anyone feel the need to knock MC & JM..
The bottom line here is if the club doesn't generate enough cash and MC & JM are unwilling to throw more of their own money at the club, we have to cut our cloth accordingly, even though this looked like it meant relegation.
However, ultimately there is little choice.

Let's get behind the club and the boys and hope that we escape the drop.

Even for those who have issues with MC / JM, why on earth would anyone want to see Trinity go down and have all the associated uncertainty that comes with that.

As we are now almost in touching distance of surviving the drop (hope I'm not tempting fete) everyone with any allegiance to Trinity should be behind the club and the team.

Re: Takeover updates : Wed Aug 02, 2023 12:30 pm  

Without trawling the thread can i ask a couple of pertinent questions please.
Weeks ago when Wakefield were on Sky i remember Carney talking about a new rich owner on his way in.
What is the hold up in announcing him?
Who is he?

Re: Takeover updates : Wed Aug 02, 2023 12:36 pm  

wrencat1873 wrote:

Assuming this is correct and it certainly seems that new cash has become available as the takeover "gets closer", why does anyone feel the need to knock MC & JM..
The bottom line here is if the club doesn't generate enough cash and MC & JM are unwilling to throw more of their own money at the club, we have to cut our cloth accordingly, even though this looked like it meant relegation.
However, ultimately there is little choice.
.

I guess that reverting to questioning MC and JM's integrity is all that's left.

Re: Takeover updates : Wed Aug 02, 2023 12:56 pm  

wrencat1873 wrote:

Assuming this is correct and it certainly seems that new cash has become available as the takeover "gets closer", why does anyone feel the need to knock MC & JM..
The bottom line here is if the club doesn't generate enough cash and MC & JM are unwilling to throw more of their own money at the club, we have to cut our cloth accordingly, even though this looked like it meant relegation.
However, ultimately there is little choice.

Let's get behind the club and the boys and hope that we escape the drop.

Even for those who have issues with MC / JM, why on earth would anyone want to see Trinity go down and have all the associated uncertainty that comes with that.

As we are now almost in touching distance of surviving the drop (hope I'm not tempting fete) everyone with any allegiance to Trinity should be behind the club and the team.

I want only the best for the club which is for it to be taken over. I suppose you can believe the recent investment is down to the current incumbents which I suppose it is because one of them has made it clear he is leaving. I believe this is the catalyst for the sponsorship by the possible new owner because investment is something that they have spectacularly failed to do so in the previous 10 years. I believe without this extra money the current incumbents would have overseen our relegation.
We have all endured season after season of struggles and I think we now deserve better I don’t think this indicates a lack of brain cells just a recognition of the incumbents on field failures. I guess the expression “none so blind as those that will not see” is still applicable for some of our Mensa members.

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Re: Takeover updates : Wed Aug 02, 2023 1:01 pm  

REVENUE wrote:

Without trawling the thread can i ask a couple of pertinent questions please.
Weeks ago when Wakefield were on Sky i remember Carney talking about a new rich owner on his way in.
What is the hold up in announcing him?
Who is he?

He is Matthew Ellis. Owner of DIY Kitchens.
He's a long time Trinity fan and has shed loads if money.

Our board and Ellis (or his team) have agreed in principle to transfer ownership of the shares. Carter and Minards have publicly said they don't want money for shares or payment for their loan.
There is a process to go through called Due Dilligence where both parties and their legal teams go through each others financials and the things agreed in that original agreement in principle to make sure Ellis is fit and proper to take over and the club is in the financial and legal position it says its in, so that neither side is caught out in the deal.

That due diligence can take a long time.
I think MC made a mistake implying it could be done quickly in 4 weeks which has then set the rumours going.

In the mean time, Minards and Ellis negotiated a big sponsorship which allowed us to pay off some players and bring in new to save us from relegation.
That kind of stops things going wrong while they are still talking.

Re: Takeover updates : Wed Aug 02, 2023 1:09 pm  

STILL NO UPDATES THEN

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Re: Takeover updates : Wed Aug 02, 2023 1:10 pm  

Scarlet Pimpernell wrote:

I want only the best for the club which is for it to be taken over. I suppose you can believe the recent investment is down to the current incumbents which I suppose it is because one of them has made it clear he is leaving. I believe this is the catalyst for the sponsorship by the possible new owner because investment is something that they have spectacularly failed to do so in the previous 10 years. I believe without this extra money the current incumbents would have overseen our relegation.
We have all endured season after season of struggles and I think we now deserve better I don’t think this indicates a lack of brain cells just a recognition of the incumbents on field failures. I guess the expression “none so blind as those that will not see” is still applicable for some of our Mensa members.

Do you mean you think Ellis only gave his money because Carter is leaving? I'm pretty certain that isn't true. Especially as Carter is now the one spending it until they sign papers.

The sponsorship is to protect the club so that Ellis takes over a super league club not a championship one.

It's clear Wakefield need further investment to move forward. Everybody agrees that. The current board have said that for a long time.