Board meeting....

[Regal Beagle]

because the board have to act in the share holders best interests, if its not 1.2m they have not

 

it wont bother them as they have no integrity

 

But I was of the understanding that this investment was not an alternative to any other investment.

 

It's just being set up to a lose lose board situation where by if the board secure the investment they will be attacked for not getting better investment, and if they don't secure it then they will be attacked for not securing this investment.

 

I'm not specifically saying you Tisdeano, I've seen loads of people talking about it being £1.2 million cash. But it dilutes the pro change camp, in my opinion.

[MarkB2]

But I was of the understanding that this investment was not an alternative to any other investment.

 

It's just being set up to a lose lose board situation where by if the board secure the investment they will be attacked for not getting better investment, and if they don't secure it then they will be attacked for not securing this investment.

 

I'm not specifically saying you Tisdeano, I've seen loads of people talking about it being £1.2 million cash. But it dilutes the pro change camp, in my opinion.

 

They will be attacked by using their own actions and announcements against them. They decided that Mo Chaudry and Mark Sims were not worth bothering with. They decided to seek to force Ameriturf down a route they did not want to go. They announced that this was a great success.

 

How you can even pretend that this has not been done to prevent something else happening is beyond me.

[tisdeano]

But I was of the understanding that this investment was not an alternative to any other investment.

 

It's just being set up to a lose lose board situation where by if the board secure the investment they will be attacked for not getting better investment, and if they don't secure it then they will be attacked for not securing this investment.

 

I'm not specifically saying you Tisdeano, I've seen loads of people talking about it being £1.2 million cash. But it dilutes the pro change camp, in my opinion.

 

the board are **** with no morals

 

look at just prior to the EGM and the debacle of the AGS announcement in an effort to gain votes

 

they then bought votes

 

no morals

 

they can win - resign immediately

[Sonny]

But I was of the understanding that this investment was not an alternative to any other investment.

 

It's just being set up to a lose lose board situation where by if the board secure the investment they will be attacked for not getting better investment, and if they don't secure it then they will be attacked for not securing this investment.

 

I'm not specifically saying you Tisdeano, I've seen loads of people talking about it being £1.2 million cash. But it dilutes the pro change camp, in my opinion.

 

Lloyd said and Deakin agreed that the deal would be the best one in the clubs history and better than anything offered before.

 

I will be very disappointed if at least 1million is not up front and not as a loan

[MarkB2]

Sorry I want to stay on topic.

 

Regarding those of you in the dark....I don't know why/if this investment is so good. But it is investment so it's hardly a disaster is it?

 

So, I offer to invest £1m in your business, as you are in dire need of cash, but my £1m has various strings attached to it which have a major risk of you losing your business in one way or another.

 

You get your investment, but the risks are high and it could easily be a disaster.

 

You'd be happy not telling your workforce or your shareholders about these risks, would you?

[Regal Beagle]

What risks could £1.2 million investment have? Unless it is a loan with stupid repayment clauses.

 

Incidently, wasn't Mo Chaudry's bid heavily reliant on loaning the club money? I'm not sure of the exact details of that now.

[Stone Valiant]

What risks could £1.2 million investment have? Unless it is a loan with stupid repayment clauses.

 

Incidently, wasn't Mo Chaudry's bid heavily reliant on loaning the club money? I'm not sure of the exact details of that now.

 

Mo Chaudry's bid was loans at 0% interest to replace loans on which we are paying a premium rate until such time as the club could afford to pay interest, and then it was agreed to keep at a lower rate.

 

Repayments could instead have been in the form of new shares, therfore converting the loan into equity and making this pure investment.

 

All in his Business plan

[Regal Beagle]

Mo Chaudry's bid was loans at 0% interest to replace loans on which we are paying a premium rate until such time as the club could afford to pay interest, and then it was agreed to keep at a lower rate.

 

Repayments could instead have been in the form of new shares, therfore converting the loan into equity and making this pure investment.

 

All in his Business plan

 

Ok. I think it is unfair to call this £5 mill v £1.2 mill investment.

[Mr Carter]

If there is'nt a significant cash injection and those wasters Bratt and Oliver dont resign then I fear for the future.

[Burslem Academicals]

So did they or didn't they have a Board meeting and who was at the meeting

because although tne shareholders voted Meigh off only for Meigh to walk straight back into the Boardroom via an employee if memory serves on any decision Jackson has the final word.....

So to be in the best interests of the club the statement on monday must either be about an investment of no less than 5 million with 1.2 million upfront and all the clubs debts being cleared with interest free loans....either that or they must resign.

[Alan Baker]

Incidently, wasn't Mo Chaudry's bid heavily reliant on loaning the club money?

 

No

[CAVALIER]

Its just a way of spamming threads. Anyway when the Baord do announce this great deal we should have no probs in getting a replacement in for Rico should we?

[Alan Baker]

Ok. I think it is unfair to call this £5 mill v £1.2 mill investment.

 

What deal would you be happy to accept?

Would your acceptance of it be based entirely on its financial merit or would it be influenced by the the possibility that "they" aren't Vale fans?

Do you want of the existing Board to stay?

Who would you like as Chairman?

[Regal Beagle]

What deal would you be happy to accept?

Would your acceptance of it be based entirely on its financial merit or would it be influenced by the the possibility that "they" aren't Vale fans?

Do you want of the existing Board to stay?

Who would you like as Chairman?

 

-Any and all deals that benefits the club.

I-t wouldn't be influenced in the slightest if they liked football or not, or supported Vale or not. I'm undecided whether it would be advantageous to have a vale fan invest or not. Their vision may be clouded sometimes but obviously their passion would be greater. Spose it would have to be case by case.

-I would be prepared to give Lloyd the chance to show what he can do. Bratt and Oliver have had their chances and need to step down.

-Wouldn't mind that Bill Gates chap.

[Fosse69]

Ok. I think it is unfair to call this £5 mill v £1.2 mill investment.

The benchmark is £1.2M in cash up front, £5M in total available to progress the club. Obviously if the new investor cannot do this, the board have failed, by coming up with an inferior deal.