Quote bren2k="bren2k"The Supporters Trust (Bullbuilder?) would have been the vehicle to achieve this; they appear to have opted instead to support the existing BoD's begging bowl strategy, in an attempt to stave off administration and allow the incumbents to execute their otherwise excellent business plan 'going forward.''"
Lets cut the ill-informed sarcasm, eh? It's beneath you, and extremely disappointing. I would have thought much better of you.
Read the BullBuilder statement.
There was no way we could do anything in the time frame. In fact, we would almost certainly have made it much worse, in the ridiculously-tight time frame available - split the rescue effort and sown confusion. There are no shares available for purchase anyway, so what precisely would you have had us do? And we judged that the existence of a block of shares owned by supporters would be an impediment to anyone looking to take over the club anyway. As things stand.
If the worst happens, then we have a ready-made vehicle that COULD be used. And at short order if required, and provided a lot more pairs of hands volunteered. Anyone thinking of starting from scratch - it would take you months to get a vehicle set up. But until and unless the situation changes, such there IS something the supporters can do, our conclusion after a hell of a lot of consideration was that we could see no available alternative that we could pursue in the time available.
But don't anyone be under any illusions regarding just what a massive undertaking it would be, for anyone, if the opportunity DID present itself. And just how much compliance is involved. You'd need a team of full-time people on the case for a protracted period.
Frankly, I am getting pretty sick and tired of being lectured by some Wakey supporters, whose club was saved by a wealthy benefactor in a scenario rather different to and simpler than ours in many respects. And, in particular, about what a Supporters' Trust "should do" when they were never in the position of having to actually do it themselves.
Posted in a personal capacity only.