ONeils40yarder 884 Report post Posted October 29, 2014 With this open letter sent out to all and sundry, is our Club well and truly fucked? I sure as fuck dont have 10k to give them a loan of and I really dont like the sound of this mystery buyer. Quote Share this post Link to post Share on other sites
Yassin 675 Report post Posted October 29, 2014 Relegation would probably be quite a good laugh. Quote Share this post Link to post Share on other sites
Brazilian 744 Report post Posted October 29, 2014 should stuart McCall stay? Quote Share this post Link to post Share on other sites
ONeils40yarder 884 Report post Posted October 29, 2014 No Quote Share this post Link to post Share on other sites
Brazilian 744 Report post Posted October 29, 2014 but do we need a new manager Quote Share this post Link to post Share on other sites
ONeils40yarder 884 Report post Posted October 29, 2014 Yes Quote Share this post Link to post Share on other sites
dosser1886 130 Report post Posted October 29, 2014 Can't afford to pay off the current one, can't afford to get a new one. Quote Share this post Link to post Share on other sites
ONeils40yarder 884 Report post Posted October 29, 2014 Definitely cant afford to get relegated ....which is where we are heading under McCall Quote Share this post Link to post Share on other sites
punk_in_drublic 96 Report post Posted October 29, 2014 Yeah - this buyer sounds odd. Normally you'd look to keep an investor who is viewed as being 'good for the club' happy by talking them up or at least being neutral towards their possible objectives and general intentions. But it sounds like Satan is waiting to take us over. Who that is - a bank? Someone who wants the land? Who knows, but that letter almost publicly decries them. Quote Share this post Link to post Share on other sites
dosser1886 130 Report post Posted October 29, 2014 Maybe the dodgy cunt that was looking to take us over before is still floating about. Quote Share this post Link to post Share on other sites
dosser1886 130 Report post Posted October 29, 2014 Craig Whyte!! Quote Share this post Link to post Share on other sites
madscot 85 Report post Posted October 29, 2014 Maybe the dodgy cunt that was looking to take us over before is still floating about. Who was the dodgy one ? Quote Share this post Link to post Share on other sites
punk_in_drublic 96 Report post Posted October 29, 2014 Was there not talk of that Coakley fella back in 2007? I think his companies went bankrupt between then and now though, not certain though. Quote Share this post Link to post Share on other sites
dosser1886 130 Report post Posted October 29, 2014 That's the one. Quote Share this post Link to post Share on other sites
fat_tony 290 Report post Posted October 29, 2014 Mike Ashley looking to add another club to his portfolio? Quote Share this post Link to post Share on other sites
Lobey_Dosser 783 Report post Posted October 29, 2014 Would Boyle sell to someone that wasn't in the best interests of Motherwell? Have details of the potential buyer been revealed to the Well Society? For months there's been a growing consensus that something is going in ebbing the sense as so it appears. While not an excuse, is the extent of our troubles putting a strain on the management and players? Probably so... Quote Share this post Link to post Share on other sites
Suprawell 19 Report post Posted October 29, 2014 Basically the Well Society is a waste of time and hasn't raised the money it needs, hence the begging letter. Poor decisions behind the scenes have left us with the utter disaster. So think for 1 minute about this.... Well Society gets the shares and then what? Rule by committee and start asking the fans to stump up more money each month/year??? This is Motherwell and last time I looks it wasn't the most affluent fan base. Time we stopped pissing about, got some proper EXPERIENCED business minded people in with commercial acumen to sort this mess out, a decent commercial manager and chief exec type. TBH, administration cannot be far away, either this season or next. Change is a coming... 1 Quote Share this post Link to post Share on other sites
Brazilian 744 Report post Posted October 29, 2014 Boyle doesnt control the shares, unless the society members have been lied to by the clubs directors. Quote Share this post Link to post Share on other sites
weeyin 3,681 Report post Posted October 29, 2014 Basically the Well Society is a waste of time and hasn't raised the money it needs, hence the begging letter. Poor decisions behind the scenes have left us with the utter disaster. The Well Society has bailed the club out twice since it started. Maybe you see that as a waste of time, but for me, that was a good thing. 2 Quote Share this post Link to post Share on other sites
Lobey_Dosser 783 Report post Posted October 29, 2014 Boyle doesnt control the shares, unless the society members have been lied to by the clubs directors. 'There was a real danger of ownership of the club being lost to the local community for the first time'. So who's in charge of surrendering ownership of the club? Surely if the potential takeover doesn't match due diligence, the offer would be rejected by Board/Boyle? Quote Share this post Link to post Share on other sites
weeyin 3,681 Report post Posted October 29, 2014 Hopefully there will be more details after the meeting on Thursday. Maybe the potential buyer is someone who wants to control the club - which would mean the end of The Society being able to take a majority share. Or maybe, the potential buyer is someone who wants to develop the ground into a new Asda. Difficult to tell. A change of ownership isn't necessarily a bad thing, but equally could be a disaster. As with all these things, the (usually legally necessary) secrecy makes it difficult to assess. If a million quid load is all that's required to keep the "Community Club" the council should stump up the cash. Good for the community and a return on investment for the tax payer. Quote Share this post Link to post Share on other sites
sbcmfc 354 Report post Posted October 29, 2014 'There was a real danger of ownership of the club being lost to the local community for the first time'. Hopefully not a sheikh or a Russian.... Quote Share this post Link to post Share on other sites
Suprawell 19 Report post Posted October 29, 2014 The Well Society has bailed the club out twice since it started. Maybe you see that as a waste of time, but for me, that was a good thing. Yes I do, never a fan of it and don't think it's the way forward, each the their own. 1 Quote Share this post Link to post Share on other sites
ropy 674 Report post Posted October 29, 2014 I am a member of the Well Society and I like the idea of the fund that allows the club to dip In to and then repay. I am not sure that the idea of some of us fans running things from the boardroom is a good idea tho. Quote Share this post Link to post Share on other sites
milo 475 Report post Posted October 29, 2014 I have heard from a couple of people that Boyle wanted the money back he was owed if the Well Society didn't raise the cash. In that event he would wanting control and getting "Romanov" type guys involved...... Possibly a few dots starting to join up here. Quite difficult to comprehend the trouble we could be in actually or the fall from grace we are about to experience. 1 Quote Share this post Link to post Share on other sites
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