Search found 1051 matches

by Yarblockos
Wed May 10, 2017 9:48 pm
Forum: Virtual Feethams
Topic: RS Investment Poll
Replies: 167
Views: 83717

Re: RS Investment Poll

Raj wants control, Gray has said it. For me I don't see the point in going down this route if we are not comfortable handing control over. May as well just move on but appreciate we will all have different views on that, some would let him take control, some would like to take the money and keep hi...
by Yarblockos
Wed May 10, 2017 1:27 pm
Forum: Virtual Feethams
Topic: Its here the investment
Replies: 201
Views: 105328

Re: Its here the investment

A very valid and relative point. One which DFCSG will have to defend. Those that have pledged were clear it was not a route to community shares. No it isn't RS has bought shares in a different entity to what the Community Shares were offered. It is a separate transaction entirely. All the communica...
by Yarblockos
Wed May 10, 2017 1:23 pm
Forum: Virtual Feethams
Topic: RS Investment Poll
Replies: 167
Views: 83717

Re: RS Investment Poll

Craig Stoddart is looking to have a discussion with one of our fans who is pro-Singh in this debate. If any of the 33 who voted yes are OK to have a chat, feel free to contact him directly. If you can't find contact details for him on any social media outlets, feel free to PM me and I'll pass detai...
by Yarblockos
Tue May 09, 2017 11:20 pm
Forum: Virtual Feethams
Topic: RS Investment Poll
Replies: 167
Views: 83717

Re: RS Investment Poll

And what exactly can you do with 9% of shares? I guess the other 91% are worthless then? It's bizarre, you keep talking as if you know what his actions will be. You do not. Once he's in, he's in. I don't want him to be in. I don't want him to have 9%, 0.9% or 0.00000009%. And moreover, how do we th...
by Yarblockos
Tue May 09, 2017 11:19 pm
Forum: Virtual Feethams
Topic: Its here the investment
Replies: 201
Views: 105328

Re: Its here the investment

This is risk free for me, there's no reason not to vote yes. I'll address my vote for control as and when the deal is presented, however what will have a bearing is not just who is investing but how our board looks, whether we are still struggling for volunteers and whether we are finally cutting o...
by Yarblockos
Tue May 09, 2017 11:11 pm
Forum: Virtual Feethams
Topic: RS Investment Poll
Replies: 167
Views: 83717

Re: RS Investment Poll

And what exactly can you do with 9% of shares? I guess the other 91% are worthless then? It's bizarre, you keep talking as if you know what his actions will be. You do not. Once he's in, he's in. I don't want him to be in. I don't want him to have 9%, 0.9% or 0.00000009%. And moreover, how do we th...
by Yarblockos
Tue May 09, 2017 10:54 pm
Forum: Virtual Feethams
Topic: RS Investment Poll
Replies: 167
Views: 83717

Re: RS Investment Poll

He could just put £40k in the fund so not strictly true he doesn't have an alternative to buying shares. What fund do you mean? I'm guessing if the takeover is turned down he wants the 40K back. He is a businessman after all. We need 80K for the budget remember. So putting it into the boost the bud...
by Yarblockos
Tue May 09, 2017 10:49 pm
Forum: Virtual Feethams
Topic: RS Investment Poll
Replies: 167
Views: 83717

Re: RS Investment Poll

The answer is quite clear in my post. If it was anyone other than Singh, I'd be willing to listen to any proposal. But after his lies and catastrophic mismanagement of the club previously, I don't want him anywhere near controlling the club, as presumably he and his acolytes would want from any fut...
by Yarblockos
Tue May 09, 2017 10:36 pm
Forum: Virtual Feethams
Topic: RS Investment Poll
Replies: 167
Views: 83717

Re: RS Investment Poll

He could just put £40k in the fund so not strictly true he doesn't have an alternative to buying shares. What fund do you mean? I'm guessing if the takeover is turned down he wants the 40K back. He is a businessman after all. We need 80K for the budget remember. So putting it into the boost the bud...
by Yarblockos
Tue May 09, 2017 10:33 pm
Forum: Virtual Feethams
Topic: RS Investment Poll
Replies: 167
Views: 83717

Re: RS Investment Poll

The answer is quite clear in my post. If it was anyone other than Singh, I'd be willing to listen to any proposal. But after his lies and catastrophic mismanagement of the club previously, I don't want him anywhere near controlling the club, as presumably he and his acolytes would want from any fut...
by Yarblockos
Tue May 09, 2017 10:28 pm
Forum: Virtual Feethams
Topic: RS Investment Poll
Replies: 167
Views: 83717

Re: RS Investment Poll

Yarblockos - it's all very well hearing what he has to say, but can he be believed. He has a history of saying one thing doing another. Mr Tibbs raises a good point. Raj puts in 40K and gets 15% shares. We put in 40K and get no shares. I don't trust him. (Singh/not Mr Tibbs) Well, I wouldn't believ...
by Yarblockos
Tue May 09, 2017 10:26 pm
Forum: Virtual Feethams
Topic: RS Investment Poll
Replies: 167
Views: 83717

Re: RS Investment Poll

The answer is quite clear in my post. If it was anyone other than Singh, I'd be willing to listen to any proposal. But after his lies and catastrophic mismanagement of the club previously, I don't want him anywhere near controlling the club, as presumably he and his acolytes would want from any fut...
by Yarblockos
Tue May 09, 2017 10:17 pm
Forum: Virtual Feethams
Topic: Its here the investment
Replies: 201
Views: 105328

Re: Its here the investment

Or he bides his time, and as someone earlier suggested, he puts his takeover deal on the table just when we're desperate for an injection of cash. I'm afraid that MG needs to make a decision - cut his cloth accordingly or move on. We can't be held to ransom by our own manager. Sent from my SM-G930F...
by Yarblockos
Tue May 09, 2017 10:07 pm
Forum: Virtual Feethams
Topic: Its here the investment
Replies: 201
Views: 105328

Re: Its here the investment

As I said at the start of this thread, it absolutely is a foot in the door. If Gray gets his budget, we should be in a position to reach the playoffs again. If we are in that position come January and the club is struggling to raise the funds to get the ground up to standard, what happens? Suddenly...
by Yarblockos
Tue May 09, 2017 10:01 pm
Forum: Virtual Feethams
Topic: RS Investment Poll
Replies: 167
Views: 83717

Re: RS Investment Poll

If I was voting right now, I'd be voting no. There are just too many issues and unanswered questions. 1. His history with the club. Not just that he put the club into administration, but the lies that went with it. It means I could never trust Singh or his motives 2. Why does the money have to go t...
by Yarblockos
Tue May 09, 2017 9:53 pm
Forum: Virtual Feethams
Topic: Its here the investment
Replies: 201
Views: 105328

Re: Its here the investment

What MG needs now is not important. What the club and the town need in the medium term is important. And that is seats. What our manager needs now is not important? The immediate need is urgent. If my house is burning down I call the fire brigade. You'd start looking for new houses instead. You're ...
by Yarblockos
Tue May 09, 2017 9:52 pm
Forum: Virtual Feethams
Topic: Its here the investment
Replies: 201
Views: 105328

Re: Its here the investment

What does MG need now, this month? A budget or seats? He has a budget - just it's not as big as he is demanding This is true, however if the budget is slashed I suspect he walks, and if he walks then I suspect the takeover doesn't happen. Better to take the 40K and hear what the deal is. Then if we...
by Yarblockos
Tue May 09, 2017 9:50 pm
Forum: Virtual Feethams
Topic: Its here the investment
Replies: 201
Views: 105328

Re: Its here the investment

Hmm, let's say Raj wanted to takeover the club, move us to the Arena for whatever reasons - it wouldn't just be as simple as that anyway. First of all we have a 20 year lease with the rugby club which we can't just walk away from for free. Secondly we would have to pay substantial grants back which...
by Yarblockos
Tue May 09, 2017 9:47 pm
Forum: Virtual Feethams
Topic: RS Investment Poll
Replies: 167
Views: 83717

Re: RS Investment Poll

Quakerz wrote:Yes, and when raj and friends put forward a proposal to own 50% - THEN we vote on it.
Exactly, we have no idea what the proposal is yet. I can only assume that because people have been waiting a week to hear news on the investment they have mistakenly interpreted this 40K as the investment.
by Yarblockos
Tue May 09, 2017 9:44 pm
Forum: Virtual Feethams
Topic: Its here the investment
Replies: 201
Views: 105328

Re: Its here the investment

What MG needs now is not important. What the club and the town need in the medium term is important. And that is seats. What our manager needs now is not important? The immediate need is urgent. If my house is burning down I call the fire brigade. You'd start looking for new houses instead. You're ...
by Yarblockos
Tue May 09, 2017 9:38 pm
Forum: Virtual Feethams
Topic: Its here the investment
Replies: 201
Views: 105328

Re: Its here the investment

The 40K is going into the playing budget and not the ground infrastructure because RS and whoever else is involved have no intention of staying at BM. MG stated at the forum his and the investors desire to be playing in the FL as soon as possible. By planning to develop the open end into a terrace ...
by Yarblockos
Tue May 09, 2017 9:37 pm
Forum: Virtual Feethams
Topic: RS Investment Poll
Replies: 167
Views: 83717

Re: RS Investment Poll

His 40k only gets him 9% at the moment, it doesn't state he is getting 15% shareholding just that it's the maximum he can have currently. So he wants in but not willing to let us know how far he wants to go as yet but he clearly wants more than 15%. Once in he will eventually own a large share of t...
by Yarblockos
Tue May 09, 2017 9:32 pm
Forum: Virtual Feethams
Topic: Its here the investment
Replies: 201
Views: 105328

Re: Its here the investment

The 40K is going into the playing budget and not the ground infrastructure because RS and whoever else is involved have no intention of staying at BM. MG stated at the forum his and the investors desire to be playing in the FL as soon as possible. By planning to develop the open end into a terrace ...
by Yarblockos
Tue May 09, 2017 9:29 pm
Forum: Virtual Feethams
Topic: RS Investment Poll
Replies: 167
Views: 83717

Re: RS Investment Poll

His 40k only gets him 9% at the moment, it doesn't state he is getting 15% shareholding just that it's the maximum he can have currently. So he wants in but not willing to let us know how far he wants to go as yet but he clearly wants more than 15%. Once in he will eventually own a large share of t...
by Yarblockos
Tue May 09, 2017 9:22 pm
Forum: Virtual Feethams
Topic: RS Investment Poll
Replies: 167
Views: 83717

Re: RS Investment Poll

You really need to change the title of the poll, no wonder people are voting no.

The 40K is not the investment proposal. The investment proposal is to come.
by Yarblockos
Tue May 09, 2017 9:20 pm
Forum: Virtual Feethams
Topic: RS Investment Poll
Replies: 167
Views: 83717

Re: RS Investment Poll

*places tinfoil hat on head* This is the way I see it; Raj Singh only has interest in the Neasham Road stadium for cheap land development. Last time he tried to renegotiate the 75% payment of sale profits for non sporting use to the council. This shows that he intended to redevelop the ground, or p...
by Yarblockos
Tue May 09, 2017 9:18 pm
Forum: Virtual Feethams
Topic: RS Investment Poll
Replies: 167
Views: 83717

Re: RS Investment Poll

Then we can block the further investment if we don't like it. We won't though. If Raj says he will turn us fulltime to go for promotion but he needs control the club, then people will go for it at that time. If people want to vote for it then it's up to them but the end game is Raj owning the club....
by Yarblockos
Tue May 09, 2017 9:11 pm
Forum: Virtual Feethams
Topic: Its here the investment
Replies: 201
Views: 105328

Re: Its here the investment

Maybe he's looking at forming a consortium of say 3 others, each buy 15% of the shares then the consortium has 60% and a controlling interest, change the constitution then buy the shares off the other members to take a 60% control stake in the club. I don't trust the man no matter if it means inves...
by Yarblockos
Tue May 09, 2017 8:52 pm
Forum: Virtual Feethams
Topic: Its here the investment
Replies: 201
Views: 105328

Re: Its here the investment

The 40K is not the investment or the beginning of an investment. It simply buys us time to consider the takeover without having to cut the budget for next season. The takeover itself, I suspect, will be a proposal from Singh and others to buy a 51% stake in the club. It won't be through stealth and ...
by Yarblockos
Tue May 09, 2017 8:47 pm
Forum: Virtual Feethams
Topic: RS Investment Poll
Replies: 167
Views: 83717

Re: RS Investment Poll

Although I wouldn't want Raj Singh anywhere near the controls of the football club, the initial 40K is really just to buy time to set out the investment in full. It's going to take months to consider any proper takeover, and we haven't got that long to make decisions about next season's squad, there...