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New Investment Options


Kmcalpin
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9 minutes ago, Wellfan91 said:

Time for the Society board to step up then! Fans will get behind them but only for so long...done plenty of talking since the proposal from Barmack came to the table, now it's time for action.

Exactly no excuses now time to put words into actions none of this it’s over swept under the carpet let’s just plod along as before.

 

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12 minutes ago, Wellfan91 said:

Time for the Society board to step up then! Fans will get behind them but only for so long...done plenty of talking since the proposal from Barmack came to the table, now it's time for action.

What kind of action are you expecting to see? If the Well Society was able to match Barmack's funding by putting £300,000 a year into the club it's not going to be noticeable to us as fans. 

Continued stability is the priority not doing stupid things like investing £4m into a crackpot business plan just to be seen to be doing something.

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9 minutes ago, steelboy said:

What kind of action are you expecting to see? If the Well Society was able to match Barmack's funding by putting £300,000 a year into the club it's not going to be noticeable to us as fans. 

Continued stability is the priority not doing stupid things like investing £4m into a crackpot business plan just to be seen to be doing something.

Somebody produces a 20 odd page document telling me things they are going to do I expect to see the main things put into practice right?

 

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2 minutes ago, steelboy said:

What kind of action are you expecting to see? If the Well Society was able to match Barmack's funding by putting £300,000 a year into the club it's not going to be noticeable to us as fans. 

Continued stability is the priority not doing stupid things like investing £4m into a crackpot business plan just to be seen to be doing something.

I don't think anyone is expecting them to be doing the latter, stop being so fucking condescending.

The Society absolutely has to start acting on its own proposal; they're already doing that based on their statement here as they're talking with Caldwell about next steps etc.

We also all need to step up, too, as fans. The Society recognises the Club needs backing and that we need to do better raising funds to support it, so if we can, we should be upping our restarting our contributions just like @wellfan.

It's not time for any of us to sit still and say "they'll deal with it, it'll be fine." Nope. It's time for us to be the ones making the difference, however we can.

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7 minutes ago, Spit_It_Out said:

Somebody produces a 20 odd page document telling me things they are going to do I expect to see the main things put into practice right?

 

They are already implementing some of the plan like talking to potential investors. My point is that it won't be transformational and as fans we are unlikely to notice any difference.

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Great news! Now we can get on with the job of making the Executive Board truly accountable and drive forward the positive changes required to make Motherwell FC the best version of ourselves we can be! 🧡❤️🧡

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I was hoping for a more teary eyed statement from McMahon but that will do. 

Blaming division in the support when the support is overwhelmingly united in being against the proposal is bullshit. Especially when they've called it off because they've done a Ruth Davidson and took a peek at the shareholder votes and seen they are getting a kicking. 

It's time for McMahon, Dickie and Feeley to go. 

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What is really noticeable is that the "born under a well flag" facebook fan group is the entire opposite of the views on here. Perhaps a vote might have been tighter than we thought.

Anyway I'll let you guess which one is me. Not many saying the offer is crap and I'm one of them.

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2 hours ago, steelboy said:

They are already implementing some of the plan like talking to potential investors. My point is that it won't be transformational and as fans we are unlikely to notice any difference.

There’s a difference between talking to investors and getting them on board. Yip their talking to local businesses but getting them to sponsor you ( tax break) against investing in the club where there’s no guarantee on getting a return for their money Looking forward to how WS going to achieve this.

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26 minutes ago, sinjy said:

The worrying thing for me is that our executive board actually thought the Wild Sheep proposal was a good one. McMahon, Feeney and Dickie have a lot of questions to answer.

Definately time for the board to leave the club as in right away 

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4 hours ago, Wellfan91 said:

Time for the Society board to step up then! Fans will get behind them but only for so long...done plenty of talking since the proposal from Barmack came to the table, now it's time for action.

Regardless of what the society do, the  current investment offer was not a good one. Hopefully better ones will come along but if not, I believe we have still taken the correct path by getting rid of this proposal. 

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4 hours ago, wellfan said:

Excellent news. That leaves McMahon, Dickie and Feely to be picked off next. 

Were some of the MFC board only there because they were reps for the well society or were the already on MFC board prior to becoming WS reps? 
   I have no clue how the board members are selected but we should definitely have WS reps there 

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9 minutes ago, texanwellfan said:

Were some of the MFC board only there because they were reps for the well society or were the already on MFC board prior to becoming WS reps? 
   I have no clue how the board members are selected but we should definitely have WS reps there 

Feely is the Chair of the Well Society Board, so sits on the Executive Board in that capacity. He hasn't resigned so remains on both Boards. Dickie resigned from the Well Society Board, but, as far as I understand, he was only on the Executive Board to represent the interests of the Well Society Board, alongside Feely. Therefore, as he resigned, surely his position on the Executive Board is untenable, unless he was an Executive Board member first and Well Society Board member second. Someone else might be able to shed some light on this. McMahon will be resigning as Chairman, which will end his membership of the Board.

Notwithstanding, today's statement from the Well Society indicates that they are looking to reset the relationship (and I assume clarify roles and responsibilities) between the two Boards. They state: "...now is the time for a significant reset in the relationship between the Club Board, the Well Society Board, Society members, and the Motherwell fanbase as a whole..."

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2 minutes ago, wellfan said:

Feely is the Chair of the Well Society Board, so sits on the Executive Board in that capacity. He hasn't resigned so remains on both Boards. Dickie resigned from the Well Society Board, but, as far as I understand, he was only on the Executive Board to represent the interests of the Well Society Board, alongside Feely.

They would both have had the Well Society in the bin quickly enough if Erik had been successful, so turnabout would be fair play here.

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