Wrexham Hollywood takeover.

Sestonpoolie

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Is any progress being made,it seems to have gone quiet regarding that lately.
 

Fyldefan

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Master d has just put the finishing touches to his ‘deadpool’ bedroom. Mothers permission of course. Posters, pyjamas, his milk bottle, hot water bottle. All kitted out with the marvel hero’s face. Let’s hope to god it goes through. The poor little lamb deserves a bit of good luck
 

Soup Ladle

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Raj Singh blathers on about this from 10 minutes to about 16.

 

Chief Rocka

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Basically a fluff piece interview, Raj goes from saying I haven't got a chip on my shoulder, to admitting the Americans speaking to Jeff in private got his back up, all within 30 seconds.
 

Master D

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Something will be happening today. Apparently.
 

chief

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Yeah some stuff coming out later, not sure if we're getting an info pack or just being told when the meeting is.

There seems to be one man who was instrumental in getting rid of Alex Hamilton in the 2000s who is trying to get fans to vote against it though. I think he needs to put the crack pipe down.
 

Soup Ladle

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Basically a fluff piece interview, Raj goes from saying I haven't got a chip on my shoulder, to admitting the Americans speaking to Jeff in private got his back up, all within 30 seconds.

He's so full of shit it's unbelievable. But some will lap it all up and get their tickle bellies.
 

Quakerz

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He's so full of shit it's unbelievable. But some will lap it all up and get their tickle bellies.

Haven't really been taking much interest in Radged lately - well he's kept Pools going longer already than he did Darlo, so that's something. What's the general feeling, split fan base, majority behind him or what?
 

Master D

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Just released:

In the event of an affirmative vote, there are final steps that must then be followed in the takeover process, before The R.R. McReynolds Company, LLC could assume control of Wrexham AFC.

The information pack sent out to members in advance of the vote confirms the terms of the offer from The R.R McReynolds Company, LLC, including that:

  • The Buyer will acquire the entire issued share capital of Wrexham AFC Limited for one peppercorn from the WST.
  • The Buyer will invest in cash on completion £2 million into Wrexham AFC Limited, in the form of non-redeemable shares. The investment will be utilised for working capital purposes and for investing in the infrastructure, management, players and facilities of WAFC as the Buyer sees fit.
  • The new owners of Wrexham AFC Limited will enter into a sub-lease of the Racecourse Ground for a period of 25 years at an annual rent of £115,000 per year. Control of the lease will remain with the WST.
  • The Buyer will enter into covenants with WST regarding matters of historically important club heritage during the period the Buyer is the majority owner of WAFC. Whilst the Buyer has no intention of changing any of the following heritage matters, the Buyer will need to obtain the WST's prior consent on the listed matters, before any change is allowable.
  1. 4.1 A change to the home playing colours of all Wrexham AFC football teams;
  2. 4.2 Changing the playing location of the Wrexham AFC men's first team to a location
    more than 2 miles from the Racecourse Ground;
  3. 4.3 Moving the location of the Club's men's first team ground or training ground to
    outside of Wales;
  4. 4.4 Any changes to the Wrexham AFC badge, save with respect to amends to update
    the graphics/quality of the image of the badge. Such consent not to be
    unreasonably withheld, delayed or conditioned;
  5. 4.5 A change of the name of the football club to a name other than Wrexham
    Association Football Club or Wrexham Football Club;
  6. 4.6 Subject to any amends to the rules of any relevant football authority and or any
    transfers required with respect to the promotion or relegation of any Wrexham AFC football teams, any proposed transfer of: (1) WAFC's relevant league share; or (2) other licence requirements for WAFC to compete within the English football pyramid system, to another entity;
  7. 4.7 Any decision not to hold an annual event to commemorate the Gresford disaster; and
  8. 4.8 in the event that the Buyer sells a controlling interest in Wrexham AFC to a third party, the Buyer shall ensure that the terms of the sale documentation with the new owner include the covenants detailed in paragraphs 4.1 to 4.7 (inclusive).
 
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Master D

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They will present their plan next Sunday and the result of the vote will be revealed a week later.
 

Stocky

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Good luck to Wrexham. I hope the fans vote it through. These Hollywood actors are too high profile to fuck the club around purposely. Just wouldn't be worth the PR disaster it'd bring them. Not saying they'll definitley be a success, they'll need to make smart decisions like any owner. Hiring the right football people around them etc.

But worth a shot.

Fan owned isn't what its cracked up to be, most County fans would tell you that. Creates a lot of politics, you don't really have much money and you often get people in positions that they aren't qualified for.
 

EnglishRed

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Good luck to Wrexham. I hope the fans vote it through. These Hollywood actors are too high profile to fuck the club around purposely. Just wouldn't be worth the PR disaster it'd bring them. Not saying they'll definitley be a success, they'll need to make smart decisions like any owner. Hiring the right football people around them etc.

But worth a shot.

Fan owned isn't what its cracked up to be, most County fans would tell you that. Creates a lot of politics, you don't really have much money and you often get people in positions that they aren't qualified for.

100%

It attracts the types of people who also end up as local councillors or bigwigs in the PTA, they want to swan about play acting as football club owners. Between them and the well meaning but incompetent we are slowly sliding into obscurity.
 

chief

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We deserve this more than anybody. We've had to endure some right crap in the last few years.
 

Jerry

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They will present their plan next Sunday and the result of the vote will be revealed a week later.

Did I imagine it last season or do you have a transfer window, unlike the rest of us, due to being governed by the Welsh FA?
 

chief

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Did I imagine it last season or do you have a transfer window, unlike the rest of us, due to being governed by the Welsh FA?
This is correct.
 

Soup Ladle

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Haven't really been taking much interest in Radged lately - well he's kept Pools going longer already than he did Darlo, so that's something. What's the general feeling, split fan base, majority behind him or what?

I personally don't know anyone who likes him but some groups do. We have a very split fanbase. The club clearly enjoy playing everyone off each other.
 

Luke Imp

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Agree with Stocky r.e. how fan owned eventually pans out. It's ok in the short term but there's generally a ceiling to it and difficult to get out of a rut (AFCW and Exeter the exceptions at the minute).

Chesterfield will come across similar problems over the coming months/years.
 

Luke Imp

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What's the crack with the lease then? WST lease it off who and for how much? Are they going to make money off sub-leasing or doing it to ensure some control over the Stadium?
 

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I personally don't know anyone who likes him but some groups do. We have a very split fanbase. The club clearly enjoy playing everyone off each other.

Sounds like divide and conquer policy to me.

I actually have sympathy for you, never thought I'd say that.
 

Quakerz

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Agree with Stocky r.e. how fan owned eventually pans out. It's ok in the short term but there's generally a ceiling to it and difficult to get out of a rut (AFCW and Exeter the exceptions at the minute).

Chesterfield will come across similar problems over the coming months/years.

And Darlo, and any others.

But another way of looking at things is that even if you're bankrolled there is a ceiling. The ceiling being how much money the owner is willing or able to throw at it.

After 3 administrations I am happy for Darlo to stay fan owned, regardless of ceiling. If our ceiling is NLN with the odd play off push, or lower NL as a part time club, that's alright. It won't stop me being annoyed by tinpot, made up, pipsqueak clubs throwing big boys money around though.

So far we've had no problems, I imagine these things start to happen when sections of the fan base want more and more and realise there's no monopoly money available to throw around, and toys start being thrown out of prams
 

Master D

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What's the crack with the lease then? WST lease it off who and for how much? Are they going to make money off sub-leasing or doing it to ensure some control over the Stadium?

The University next door own the ground and WST lease it for 100k a year currently on a 99 year lease. R&R are going to sub-lease and pay £115k a year to the WST. There's some insurance and other costs apparently.

I doubt R&R are interested in owning the ground at this moment in time so makes sense for all.
 

Master D

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They've put together amazing stuff. We're going up. Quickly.
 

Chief Rocka

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I'm really happy for you.

tenor.gif
 

EnglishRed

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The presentation tonight has been hugely impressive.

A vision and Significant investment promised. Into the team, the stadium, youth team, womans team.

Fear us!
 

Bluandwite

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Wondered why Wrexham fans started to appear on my timeline on twitter and it's apparently because Reynolds randomly started talking about us?

Bit weird.
 

EnglishRed

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Wondered why Wrexham fans started to appear on my timeline on twitter and it's apparently because Reynolds randomly started talking about us?

Bit weird.

They promised that should we play you again we will beat you mercilessly.

Playing to the crowds a bit! Just showed they'd done their homework really, mentioning the 70s, the Arsenal game etc.
 

Master D

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CEO with experience of running high level clubs. Peter Moore init. Unreal.
 

Bluandwite

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They promised that should we play you again we will beat you mercilessly.

Playing to the crowds a bit! Just showed they'd done their homework really, mentioning the 70s, the Arsenal game etc.
Did a Newton/Rooney!
 

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