Re: Matthew Ellis Takeover : Sat May 27, 2023 12:35 pm  

PopTart wrote:

That's fair enough. And the football team will have to pay rent.
But if Wakefield Trinity have to pay a rent it will be to themselves......and not to Carter or Minards.

How do they pay rent to them selves?

The company that runs the SMC at Hull, some of the board members of the SMC are also board members of Hull Football club. That stadium was also funded by monies from local authority.
There nothing stopping if / when the sale goes through, a SMC is set up and Carter and or Minards are on that board is there ? Obviously would need agreement by all parties.

[PopTart]

Re: Matthew Ellis Takeover : Sat May 27, 2023 1:20 pm  

I wrote a long reply to explain how silly that reads but I think it stands by itself. No need for me to point it out.

Am I on my own or am I just the only one who doesn't see the unicorns?

Re: Matthew Ellis Takeover : Sat May 27, 2023 1:46 pm  

PopTart wrote:

I wrote a long reply to explain how silly that reads but I think it stands by itself. No need for me to point it out.

Am I on my own or am I just the only one who doesn't see the unicorns?

I'm reliably informed they do exist and are hard at work on the pitch as we speak ( figuratively speaking )!

Re: Matthew Ellis Takeover : Mon May 29, 2023 5:50 am  

Didn't MC say in his pre match interview, that his replacement will be in place by the end of May.

I'm sure he did, but I've since deleted it from my SKY recordings

[PopTart]

Re: Matthew Ellis Takeover : Mon May 29, 2023 7:29 am  

Eastern Wildcat wrote:

Didn't MC say in his pre match interview, that his replacement will be in place by the end of May.

I'm sure he did, but I've since deleted it from my SKY recordings

He said that at the fans forum too though Minards did jump in and say "maybe".
I don't think the club have ever said who is in takeover talks, though it's widely known. And we don't know who he'll bring in as CEO. Shouldn't think it will be anyone from his own company.

Re: Matthew Ellis Takeover : Mon May 29, 2023 8:45 am  

I got told yesterday that it is almost a done deal and that both sides are now doing their "Due Diligence", so hopefully we might hear something this week ??

Re: Matthew Ellis Takeover : Mon May 29, 2023 9:33 am  

Nobody has asked or even explained, why now. We are at our lowest in forever, probably going down. So why buy what will almost certainly be a championship club? Are we basically thinking that Ellis is going to invest enough in the ground and the product, that we become an A, so get straight back in? If so, why is anyone too concerned. We get to clear the decks of all the deadwood. If that is the intention (to invest to grade A standard) that must be the first thing revealed by the new owner. I see no other reason someone would chuck money down the drain, if the above isn't the plan.

Re: Matthew Ellis Takeover : Mon May 29, 2023 10:36 am  

burtonsrlfc wrote:

Nobody has asked or even explained, why now. We are at our lowest in forever, probably going down. So why buy what will almost certainly be a championship club? Are we basically thinking that Ellis is going to invest enough in the ground and the product, that we become an A, so get straight back in? If so, why is anyone too concerned. We get to clear the decks of all the deadwood. If that is the intention (to invest to grade A standard) that must be the first thing revealed by the new owner. I see no other reason someone would chuck money down the drain, if the above isn't the plan.

Well, if’s that’s your attitude and thinking, I’m certainly very happy that you are not involved in any of these negotiations.

Re: Matthew Ellis Takeover : Mon May 29, 2023 10:50 am  

burtonsrlfc wrote:

Nobody has asked or even explained, why now. We are at our lowest in forever, probably going down. So why buy what will almost certainly be a championship club? Are we basically thinking that Ellis is going to invest enough in the ground and the product, that we become an A, so get straight back in? If so, why is anyone too concerned. We get to clear the decks of all the deadwood. If that is the intention (to invest to grade A standard) that must be the first thing revealed by the new owner. I see no other reason someone would chuck money down the drain, if the above isn't the plan.

The answer to this question is obvious.
The price will be one hell of a lot lower in our current position that, say, Saints, who are the top club in RL in this country.
Anyone wanting Trinity right now "could" be getting a bargain and despite our absolutely shambolic season.

Yes, it will take plenty of cash but, that's the theory of it.

The company that I worked for specialised in buying businesses on the brink and turning them into viable concerns and they were pretty damn good at it.
Mind you, they had no interest in RL clubs.

Re: Matthew Ellis Takeover : Mon May 29, 2023 10:51 am  

Dunkirk Spirit wrote:

Well, if’s that’s your attitude and thinking, I’m certainly very happy that you are not involved in any of these negotiations.

That reply makes zero sense.

What does a seemingly wealthy man want now (could have bought us over the last 10 years when we had something worth buying, ie; a team competing). If he isn't planning on making us a grade A, then he may as well sit at home ripping up £50 notes. My point being, he obviously has some kind of plan, a plan that can only benefit WT in the long term. Isn't that what everybody wants?