New Investment Options

[joewarkfanclub]

8 minutes ago, steelboy said:

The social media channels are controlled by club employees. Caldwell is responsible for those employees. 

But who employs and is responsible for the CEO? Surely they are the final arbiters of what goes out?

[steelman1991]

1 hour ago, steelboy said:

The social media channels are controlled by club employees. Caldwell is responsible for those employees. 

He's employed by the Club and I would expect him to take direction from the Executive Board, who hired him. Think you're being overly critical of someone who's position doesn't exist to jump to the tune of the Society, or it's members. This disconnect between WS and Board is everything that's wrong with the current issues we're having.

[Villageman]

I get the feeling that those critics of the WS plan would would not be so if it included the sentence.

" We will provide  £1.9 m over 6 years. "    Or am I being cynical.

Those same critics do not believe the WS plan will increase future financial support, yet do not seem to have the same doubt the WS CAN provide £1.35m + required under Wild Sheep investment.

 

[StAndrew7]

15 minutes ago, Villageman said:

I get the feeling that those critics of the WS plan would would not be so if it included the sentence.

" We will provide  £1.9 m over 6 years. "    Or am I being cynical.

Those same critics do not believe the WS plan will increase future financial support, yet do not seem to have the same doubt the WS CAN provide £1.35m + required under Wild Sheep investment.

 

I wouldn't say you are, no. I think there's also a willful ignorance from some as to what happens if/when the Society can't keep up its mutual investment in the Club.

I'm also hoping/expecting the Business Plan which the WS will be releasing in support of their proposal to cover this kind of thing off; so the key performance metrics, investment plans/returns for investors etc. will detail what targets the're proposing to have and how they're going to look at meeting them.

[steelman1991]

I hope the WS are closely monitoring this thread and P&B, because there is clearly a wealth of talented individuals, in the support, who have their finger on the pulse and are extremely "swtiched on". They have to try and engage these folks and persuade them to get involved directly with them.

[StAndrew7]

3 minutes ago, steelman1991 said:

I hope the WS are closely monitoring this thread and P&B, because there is clearly a wealth of talented individuals, in the support, who have their finger on the pulse and are extremely "swtiched on". They have to try and engage these folks and persuade them to get involved directly with them.

I think there's a fair few posters on here and there who already are. I would expect quite a few to go along tonight if they're able to as well and have a discussion with the Board to try and develop ideas/understand them better.

[Yodo]

Only one question to be answered tonight . Who gave Jim McMahon permission to try and sell our club and why is he still there 

[Kmcalpin]

38 minutes ago, steelman1991 said:

I hope the WS are closely monitoring this thread and P&B, because there is clearly a wealth of talented individuals, in the support, who have their finger on the pulse and are extremely "swtiched on". They have to try and engage these folks and persuade them to get involved directly with them.

Absolutely. However  my concern is that although there are many talented and motivated individuals online just now where will they be in 6, 12 or 18 months time when volunteers are needed on matchdays and winter evenings. The Society has always struggled to get volunteers out. I sincerely hope that will change. The Society Board can come up with bright ideas but the membership has to be involved at a bread and butter level to make them work. 

As a start, I hope there will be a Society presence at the match on Saturday. Strike while the iron is hot and engage with the troops on the ground. That will be a good start to getting folks on board. 

[steelboy]

3 hours ago, joewarkfanclub said:

But who employs and is responsible for the CEO? Surely they are the final arbiters of what goes out?

The day to day running of the club and dealing with employees is the CEO. If the Executive Board have officially directed Caldwell to bury the plan online that's a huge red flag against them. If he's done it off his own back it's a black mark against him. We'll find out tonight. 

People at the club beyond McMahon obviously want this to go through. Suzanne Read and Bob Park are very clearly pro Barmack on social media. It's extremely unprofessional but that's their MO. 

 

[StAndrew7]

Well, they've read it, everyone.

[wellfan]

2 minutes ago, StAndrew7 said:

Well, they've read it, everyone.

A pathetic 'statement' prompted by many fans pointing out the Club's failure to post the Well Society's plan on the Club's socials yesterday. Get it right fucking up McMahon and cronies, and good riddance when it comes. 

[Tamwell]

That “we’ve already been doing some of this” has really annoyed me.

[joewarkfanclub]

8 minutes ago, wellfan said:

A pathetic 'statement' prompted by many fans pointing out the Club's failure to post the Well Society's plan on the Club's socials yesterday. Get it right fucking up McMahon and cronies, and good riddance when it comes. 

Aye. Dont let the door hit you on the arse on the way out!

[StAndrew7]

3 minutes ago, Tamwell said:

That “we’ve already been doing some of this” has really annoyed me.

Aye. It's basically them saying "we've already thought of this, ner ner ner".

I'm sure they are; some of it is business as usual stuff to an extent (season tickets renewals/promotions etc.) but it reads so high and fucking mighty.

If they'd "already been doing some of this" we wouldn't be in the fucking mess we're in, you bunch of fucking charlatans.

[mfc]

What a shower of patronising bastards,that mcmahon is getting right on my tits now,he's out to do maximum damage before he eventually fucks off.when the time comes him and the rest of them should never be allowed to step foot in fir park ever again.

[wellfan]

2 minutes ago, StAndrew7 said:

Aye. It's basically them saying "we've already thought of this, ner ner ner".

I'm sure they are; some of it is business as usual stuff to an extent (season tickets renewals/promotions etc.) but it reads so high and fucking mighty.

If they'd "already been doing some of this" we wouldn't be in the fucking mess we're in, you bunch of fucking charlatans.

McMahon has shown himself to be a bitter, arrogant, condescending prick through this debacle and will now leave his position with a very stained legacy. What a fucking idiot. It's all been entirely unnecessary and avoidable. 

[StAndrew7]

3 minutes ago, wellfan said:

McMahon has shown himself to be a bitter, arrogant, condescending prick through this debacle and will now leave his position with a very stained legacy. What a fucking idiot. It's all been entirely unnecessary and avoidable. 

He'll leave with a legacy that's deserving of his attitude towards anyone he sees as intellectually inferior to himself and his inability to do anything of note, other than publish a shite novel and use the Club to promote it.

He had a real opportunity to unite the fan base behind fan ownership and to develop the Club into a proper community asset and has been found wanting, along with several of his pals who have supported him throughout.

[David]

20 minutes ago, Tamwell said:

That “we’ve already been doing some of this” has really annoyed me.

In much the same way as Barmack will undoubtedly now start talking about some of "his plans" which will be very similar to the plans in the Well Society document.

Basically, he had nothing to offer before. But has waited to see what the Society offers so he can nab some of the ideas from it and claim "this is what I actually meant when I was typing a lot but saying nothing on P&B."

[Yodo]

5 hours ago, joewarkfanclub said:

This is a good example of why the structure of the club needs to be changed.

The CEO was recommended to the Executive Board by the WS Board. But he was employed by the Executive Board who are categorically recommending the investment proposal.

He could be the biggest supporter of fan ownership and the WS proposal that there is, but it would take a very brave man to speak freely under those circumstances.

He’s employed by the owners of the club the WS 

[Orinoco]

Probably repeating what's been asked before, but I am sure alot of people are thinking. Why has an EGM not been called, with a view of removing the executive board? 

[StAndrew7]

4 minutes ago, Orinoco said:

Probably repeating what's been asked before, but I am sure alot of people are thinking. Why has an EGM not been called, with a view of removing the executive board? 

I'm not sure effectively declaring outright civil war between the Society and the Club higher-ups is the prudent thing to do in the current circumstances... perhaps in a few weeks, though, if the vote falls and McMahon is still in place.

[Spiderpig]

2 minutes ago, Orinoco said:

Probably repeating what's been asked before, but I am sure alot of people are thinking. Why has an EGM not been called, with a view of removing the executive board? 

Because there are no doubt formal procedures, timescales, rules etc that need to be followed and other criteria met before such meetings can be called.

[Orinoco]

Sure there is procedures, but being civil upto now has got us into this mess. Time for the owner, the society to flex its muscles and take proper control.

 

 

[StAndrew7]

  

15 minutes ago, Spiderpig said:

Because there are no doubt formal procedures, timescales, rules etc that need to be followed and other criteria met before such meetings can be called.

I had a quick skim of the articles of association for the club; there's nothing specific that I can see there (it mainly relates to the role of directors, share sales and purchases etc.) but based on corporate law, any shareholder can call for an EGM at any point; but I think a majority have to agree, so it's not happening without the Society's approval/involvement in it.

5 minutes ago, Orinoco said:

Sure there is procedures, but being civil upto now has got us into this mess. Time for the owner, the society to flex its muscles and take proper control.

 

 

I do think that will happen, but there's a manner and approach to that which I think needs to be taken.

I've said in a few other places that I think the WS Board have really behaved impeccably throughout this; the Exec Board are showing themselves up to be the ones with the immature/flippant attitude, or downright disregard for anything that isn't what they're proposing.

There's very much a "hoist by their own petard" feeling to all of this right now; they're doing a good enough job of fucking this up themselves... so let them keep doing it. The reaction on Twitter to the latest statement, for example, is entirely negative from what I've read so far.

I'm sure an EGM will follow if it's required; but until it's absolutely necessary, I don't see how the Society can win from calling one right now.

[santheman]

Think we need to see what the result of the vote is first.

If EB's proposal is kicked into touch then I would imagine one of two things will happen

The Executive board either spit out the dummy and leave the WS to it or they admit defeat and work with the WS to implement their ideas.( I know what my money would go on).

If EB's proposal wins then we're into different territory altogether and I fear for the survival of the WS in its present form and can see a lot of acrimony surfacing from within the club and the fans.

Would the WS call an EGM to overturn a democratic vote if it didn't go in their favour and risk an even bigger split in the support? Doubt it.