Anywhere is fine Reffy as long as nasty remarks aren't made, which Lynda did not make in any of her posts.

Not forgetting that opinion is allowed and even welcomed on most forums. There was no need for this thread at all whatever the reasoning behind it.

You can now have the last word on the subject.

Word.

Probably becaust it was posted in the early hours after a session on the

I wish I had a £1 every time you mentioned that statement on this forum!

Would it actually make any difference if this happened. The current shareholders would still have control which would stop anyone taking over unless they sold their shares. The capitalisation of the loans would give them more shares so if the fans bought some shares they would have no say. The current shareholders would still peobably own over 90% of the company. If someone wanted to take over they would still have exactly the same issue as they have now regarding take over price ( if it is an issue - my view is that no one is interested in owning the club)



However, if someone was serious about taking over I'm sure the current shareholders would sell their shares. Capitalisation of loans to share would make no difference as the amount the shareholders have invested and may want returned should a take over happen.



The shares could still be opened to fans without capitalisation.

I've not been very well recently and I am a little impatient at the moment and easily upset so please understand I was not having at go at the Touchdowb club, again Ill say it it was the circumstances.



In future all contributions, I will ask the committee to agree with me and we will only do it by way of a on the pitch presentation. I believe Halifax do this .

As I don't like being in the paper etc or the publicity I will elect LISA members in the turn to do the honours.

Truthfully now I think Trevor just didn't think before he let this happen.

So Ill just make sure I't doesn't happen again.

If you notice I said many times and offered as many times to for us to work with the touch down cub, asked them to run joint dos etc but they prefer to do there thing and that's ok.

I can see no point in this anymore most passionate members l

Of LISA know what we do and have done for many many years as the lottery dept do too, everyone who helps the club just deserves equal reconigation that's all

The accounts look much better if these were capitalised, and it would mean new money in doesn't cover existing loans/pg's. If fans could buy shares or get bought them as presents etc the existing shareholding would get diluted unless the incumbants also bought more.

As the shares have no value why would someone pay for existing shares?

There are lots of ways to achieve this Mo. the only thing it needs is a desire to make it happen.



When Arthur left I offered my services (extremely valuable haha) but it wasn't taken up so I've not been able to see what the score is but I do believe that the Current BoD have the clubs interest at heart and are striving to make us a great club.



I have no desire to be involved in the management of the club as it is incredibly thankless so I will continue to do what I can from a distance.



Let's all do what we can!

Simple answer is we need more fans

The Halifax Supporters Trust do indeed hand our cheques over at half time on the pitch , it was part of the agreement with the Club Directors 2/3 yrs ago and very much welcomed by them . We do a good deal of raising funds and collecting around the ground so The Trust and the Clubs Directors think it`s only right the fans feel their efforts are recognised in full public view..That doesn`t mean anyone else`s efforts are not also highly thought of and they quite rightly do what they wish to do but the way we do it works very well for us.,

Agreed re accounts however do they really matter? I don't think the banks would lend to leigh rugby club based on accounts. It would be based on shareholders / owners pg's & other business interests. So the accounts is no excuse for new investors not to take over the club.



Totally agree with fans able to buy shares. As you mentioned fans could get them for birthdays & Christmas etc - a great idea. However they shouldn't get disallusioned that the fans would control the club if loans were capitalised.



Again agreed regarding the value of shares = £0.00



To summarise both our points (correct me if I'm wrong) -

1. we need new investment in the club, but It doesn't matter whether loans are capitalised or not really

2. It's a good idea for fans to be able to buy shares in the club, but the current directors would still be in charge due to their investment (shares & capitalised loans ) to date.