Foxes_Trust Posted 3 November 2006 Posted 3 November 2006 Someone go buy a share and find out what the fk's going on (yer i know nothing about shares so if you can't do that, i'm an idiot ) Erm.... you can't do that. Obviously we are & will be issuing an update to members via e-mail with the specific request that content is not posted on message boards.
Mort Posted 3 November 2006 Posted 3 November 2006 To be honest i think folks are getting way, way too excited over nothing the club has suggesting nothing very much and Mandaric and been very open about his interst... for the time being i can imagine that the board will have no desire to let anyone know what they really think or what's really going on... the offer would not have been made unless Mandaric was pretty confident of sucess and it's unlikley that the offer would have been made unless senior folks within the club had, at the very least, given the impression that the any offer would be sucessful... so for the time being i doubt anything much will happen till the start of the week, apart from various "my mates, dad says" stories (as we have now) and in the end i think it likley that an agreement will be hammered out between the board and Mandaric over the next few days to be presented to the shareholders and stands a very good chance at being snapped up... i dont see Leicester, in our current state, turing down the sort offer that the current board and Chief Exec have been very open about wanting to attract to the club... Someone go buy a share and find out what the fk's going on (yer i know nothing about shares so if you can't do that, i'm an idiot ) Did you want to lend me the cash?... I'll pop down the Walkers before my football (playing it that is, rather than watching) tommorow, i get the sense there might be a fair few people hanging around who'll have an idea whats going on
Nationwider Posted 3 November 2006 Posted 3 November 2006 Erm.... you can't do that. Obviously we are & will be issuing an update to members via e-mail with the specific request that content is not posted on message boards. Good luck with that!
Mort Posted 4 November 2006 Posted 4 November 2006 Obviously we are & will be issuing an update to members via e-mail with the specific request that content is not posted on message boards. Smug, self-Important little sod arent you? <_<
Foxes_Trust Posted 4 November 2006 Posted 4 November 2006 Smug, self-Important little sod arent you? <_< No as a shareholder we will receive information not made generally available & that is one of the reasons the Trust exists, so fans are represented & can express their views when key decisions are being taken. We could be facing a key shareholders meeting & we will not be shy in asking questions & trying to influence the shareholders with our comments, that is what we are elected to do. We know it's frustrating not knowing, but you really have to back us on this one, our prime concern is how fans will be affected & the long term future of the club & that is always in mind when we speak.
Craig Posted 4 November 2006 Posted 4 November 2006 For the first time in ages, i'm delighted that the foxestrust exist. In past instances i've criticised you, but this has made me realise just how important you are. Without you, we'd have virtually no-one on the inside with the fans at heart, so for that, i commend you.
DanTheFoxBhoy Posted 4 November 2006 Posted 4 November 2006 Doesn't sound too bad. Only thing is how do you repay £20m back, if we're in the championship and have no money and he wants to pull out?? Isn't this similar to what Chelsea have set up? They'd be rooted after a pullout, just the same as any investment really.
DanTheFoxBhoy Posted 4 November 2006 Posted 4 November 2006 So in summarising: * We want to get back into the Premiership * We can't do that with no money for players * Milan is offering money * If the deal goes sour it will just leave us with more debts, as there's no guarantee a club will get back into the premiership regardless of players * The board saved the club, and have balanced the books thusfar and would to continue doing so Surely this includes an assumption that a deal 'could' go sour with Milan... why is he any different from any other investor? At least he cares.
Daggers Posted 4 November 2006 Posted 4 November 2006 No as a shareholder we will receive information not made generally available & that is one of the reasons the Trust exists, so fans are represented & can express their views when key decisions are being taken. We could be facing a key shareholders meeting & we will not be shy in asking questions & trying to influence the shareholders with our comments, that is what we are elected to do. We know it's frustrating not knowing, but you really have to back us on this one, our prime concern is how fans will be affected & the long term future of the club & that is always in mind when we speak. Have you asked the membership how they wish to be represented in this matter? Have you presented the membership with options? NO. I trust you less than I trust Mandaric at this moment in time because you have made no effort whatsoever to communicate with the Trust membership. Before this broke the Trust has proved itself incapable of representing the fan in the seat. The Trust represents itself and its position in the after match Directors lounge. It ensures it gets its cup of soup at half time and its free program. It does not hold itself accountable and therefore is not trustable.
disheartened fan Posted 4 November 2006 Posted 4 November 2006 I agree, i think the Foxes Trust are probably acting in the best interests of the Foxes Trust, trying to hold on to their 'little bit of power'.
ithuriel Posted 4 November 2006 Posted 4 November 2006 No as a shareholder we will receive information not made generally available & that is one of the reasons the Trust exists, so fans are represented & can express their views when key decisions are being taken. We could be facing a key shareholders meeting & we will not be shy in asking questions & trying to influence the shareholders with our comments, that is what we are elected to do. We know it's frustrating not knowing, but you really have to back us on this one, our prime concern is how fans will be affected & the long term future of the club & that is always in mind when we speak. considering you represent fans who have given money to be part of the foxes trust , thus they are the foxes trust surely via e-mail or secure communication shouldnt you be keeping them apprised of the situation or are they to be kept in the dark?
Mort Posted 4 November 2006 Posted 4 November 2006 We know it's frustrating not knowing, but you really have to back us on this one, our prime concern is how fans will be affected & the long term future of the club & that is always in mind when we speak. To be honest I dont doubt it in the case of the Trust... it's very anoying not hearing any real infomation beyond that fact that a bid's been made and it looks like the board will try and hammer a deal out over the next few days... too many people. myself included, are forgetting that negotiations of this kind require time and a little secrecy on the part of bath parties.
davieG Posted 4 November 2006 Author Posted 4 November 2006 As a paid up memeber of the Foxes Trust I trust them to let me know when they have someting they can and are able to communicate. However I'd have prefer it if the current communicating they are doing on this forum, although it tells us pretty much sod all was put in an email and sent to me. I really don't think they should be posting on the websites at all at this time, if they have something that has any substance to it, nothing yet it seems then that should be communicated directly to members only or if for the general non-member posted on their site. The professional stance they are taking is diminished by this tittle tattle approach. If they feel, as a matter of prinicipal they need to let something go public in the best interest of the fans and aren't in a position to do so, I would, somewhat reluctantly suggest they do what MM and the shareholders are doing and leak it.
Nationwider Posted 4 November 2006 Posted 4 November 2006 As a paid up memeber of the Foxes Trust I trust them to let me know when they have someting they can and are able to communicate. However I'd have prefer it if the current communicating they are doing on this forum, although it tells us pretty much sod all was put in an email and sent to me. I really don't think they should be posting on the websites at all at this time, if they have something that has any substance to it, nothing yet it seems then that should be communicated directly to members only or if for the general non-member posted on their site. The professional stance they are taking is diminished by this tittle tattle approach. If they feel, as a matter of prinicipal they need to let something go public in the best interest of the fans and aren't in a position to do so, I would, somewhat reluctantly suggest they do what MM and the shareholders are doing and leak it. Absolutely spot on.
Stevosevic Posted 4 November 2006 Posted 4 November 2006 Harry Redknapp thinks he will do a great job and it sounds as if Harry cant wait to be our manager http://www.teamtalk.com/football/story/0,1...1655323,00.html The Foxes dropped out the top flight at the end of the 2003-04 season and have so far failed to stage a return. But Redknapp said: "He has done it here and taken a team to the Premiership, so he will not want to go there and stay in the Championship - he is going to want to get into that Premiership. "I think he was looking for a club with potential that can get him where he wanted to go - to the Premiership. "And Leicester is a great club, it has great potential because the stadium, training ground, fans and everything else is there. "If he can push the club back up then it really could be terrific up there."
Ultra Posted 4 November 2006 Posted 4 November 2006 Summarises exactly what is going on, with MM using the media to get fans all excited. This will run for a few weeks yet, before the best way forward is agreed by the shareholders. Maybe MM should think on that, it's one thing getting the fans via media stories behind him, but that isn't too bright if at the same time you upset the shareholders who will make the decision, some have been described as livid to us this week. Mandy is quoted as saying you have a week to make your minds up. He seems desperately keen to wrap this bid up quickly, maybe before the Stevens report on bungs is published?
Ultra Posted 4 November 2006 Posted 4 November 2006 Have you asked the membership how they wish to be represented in this matter? Have you presented the membership with options? NO. I trust you less than I trust Mandaric at this moment in time because you have made no effort whatsoever to communicate with the Trust membership. Before this broke the Trust has proved itself incapable of representing the fan in the seat. The Trust represents itself and its position in the after match Directors lounge. It ensures it gets its cup of soup at half time and its free program. It does not hold itself accountable and therefore is not trustable. Whereas YOU represent, er... Disco Bob and that's it.
davieG Posted 4 November 2006 Author Posted 4 November 2006 Harry Redknapp thinks he will do a great job and it sounds as if Harry cant wait to be our manager http://www.teamtalk.com/football/story/0,1...1655323,00.html The Foxes dropped out the top flight at the end of the 2003-04 season and have so far failed to stage a return. But Redknapp said: "He has done it here and taken a team to the Premiership, so he will not want to go there and stay in the Championship - he is going to want to get into that Premiership. "I think he was looking for a club with potential that can get him where he wanted to go - to the Premiership. "And Leicester is a great club, it has great potential because the stadium, training ground, fans and everything else is there. "If he can push the club back up then it really could be terrific up there." Well he was our manager for a few hours after PT but changed his mind on the way back home to the south coast saying it was too far to travel.
Stevosevic Posted 4 November 2006 Posted 4 November 2006 I dont think this has been posted but this article says the shareholders are likely to accept the bid. http://www.thebluearmy.co.uk/details.asp?b...6269754|p|536|0 Cautious backing for Mandaric's takeover By Ian Griffin Shareholders today said they were likely to back Milan Mandaric's £25million bid to buy Leicester City. Investors said they would be willing to sell their stake to the multi-millionaire businessman if it was for the good of the club. City's board, which met yesterday to discuss Mandaric's offer, are due to meet the Serbian-American to talk over the bid. The 38 shareholders not on the board have not yet been given details of the bid, but are due to be briefed shortly. Peter Hockenhull, of Great Glen, who owns 125,000 shares, said: "I think Mandaric can only be positive for the club. "Whether he's here for five years or 10 years, he will leave it in a much more positive position. He certainly left Portsmouth in a stronger position. "As far as I'm concerned, I will go with whatever's right for the club and the supporters. If that means me relinquishing my shares, I would do that." Trevor Bennett, of Newtown Linford, the club's fourth-biggest shareholder with 350,000 shares, would not be drawn on Mandaric's bid, but said: "It's likely I'd go with the board's recommendation. But I may change my mind if I thought it was not in the interests of the club." Peter Freer, of Rothley, who owns 50,000 shares, said: "You always have to be careful with these sorts of bids. "We don't want someone to be here today and gone tomorrow. But I'm sure that most supporters and shareholders, when they have received the details, will probably say the bid is favourable." Walter McRobie, of Cropston, who also owns 50,000 shares, said: "At this stage, I would be for it. But if there's the likelihood of a better bid with less strings attached than there's likely to be with Mandaric, that too may be worth looking at. "I'd be happy to sell my shares at the figure I paid for them - £50,000." Alison Nettleton, of Oadby, owns 25,000 shares and her father William is a director of the club's joint largest shareholder, Wigston property business Hammond Grange. "I don't know much about him (Mandaric), but I just want what's best for Leicester City," she said. "I want them to do well and get into the Premiership." There are 48 shareholders. The club has previously said there are 47 shareholders, but had not counted the one share owned by New York-based Teachers Insurance and Annuity Association, with whom City have a £15.9m loan for the Walkers Stadium. Teachers own only one share to give them access to information and documents restricted to shareholders.
Thracian Posted 4 November 2006 Posted 4 November 2006 Mandy is quoted as saying you have a week to make your minds up. He seems desperately keen to wrap this bid up quickly, maybe before the Stevens report on bungs is published? If anyone held a gun to my head like that I'd make him pull the bloody trigger. It is exactly that sort of attitude which convinces me MM has no real love for or interest in Leicester City - just love for himself, his ego and his bank balance. It only emphasises the reasons I don't like him and why I don't like what he represents.
Fez of Mahrez Posted 4 November 2006 Posted 4 November 2006 If anyone held a gun to my head like that I'd make him pull the bloody trigger. It is exactly that sort of attitude which convinces me MM has no real love for or interest in Leicester City - just love for himself, his ego and his bank balance. Or maybe he can envisage the club farting around to see if we can try and make the play-offs without any investment first and then go crying back to him when it goes tits up.
Thracian Posted 4 November 2006 Posted 4 November 2006 Or maybe he can envisage the club farting around to see if we can try and make the play-offs without any investment first and then go crying back to him when it goes tits up. In our present situation Leicester City have no need to go crying back to anyone - and that's the only reason our opportunistic predator has any interest at all in our club. Like I've said, I'll be much happier if we take the time to find an investor with genuine connections to and proven regard for the club. And in case he's in any doubt. the club is perfectly capable of reaching the play-offs with or without him. And if we don't we can still continue to build on our improving situation. This club has no need to prostitute itself - and should continue to conduct itself with dignity and in the best interest of its fans, and by that I don't just mean the Foxes Trust fans. Why? Because any investor in a football club should realise he/she is providing backing for a community organisation that is part of the fabric of social life in an area. If he doesn't believe in preserving such an organisation he/she should invest in something else. Football clubs are not about self.
Fez of Mahrez Posted 4 November 2006 Posted 4 November 2006 In our present situation Leicester City have no need to go crying back to anyone - and that's the only reason our opportunistic predator has any interest at all in our club. Like I've said, I'll be much happier if we take the time to find an investor with genuine connections to and proven regard for the club. And in case he's in any doubt. the club is perfectly capable of reaching the play-offs with or without him. And if we don't we can still continue to build on our improving situation. This club has no need to prostitute itself - and should continue to conduct itself with dignity and in the best interest of its fans, and by that I don't just mean the Foxes Trust fans. Why? Because any investor in a football club should realise he/she is providing backing for a community organisation that is part of the fabric of social life in an area. If he doesn't believe in preserving such an organisation he/she should invest in something else. Football clubs are not about self. I know you are an exception because you believe children are the future, teach them well and let them lead the way and all that. However, it seems to me that most fans have been waffling on about investment for years, suddenly an opportunity comes along and then the tune changes because we have gone a handful of matches without losing (in the League at any rate). I am in no doubt whatsoever that if we were in the bottom three at the moment (or indeed in the New Year), the board would be desperately prostituting the club, the fans and shareholders in a vain attempt to save themselves. I feel we're basing a lot on current form which, although impressive in terms of not losing games, hasn't been all that great performance-wise and hasn't for the most part included the youngsters that you believe can take us forward (i.e. it has coincided with the exclusion of Porter and O'Grady in particular and continued absence of any current Academy players). It's been the good form of players like Kisnorbo (who could well be off in January if any Premiership manager has some sense), Tiatto (who will be off back to Oz at the end of the season anyway) and Hume (see Kisnorbo on current form), while players like Maybury, Sylla and Hughes fill in despite being written off by the fans.
Chrysalis Posted 4 November 2006 Posted 4 November 2006 Why don't you post this question to the Admin team in the User Help/Suggestions section? No there isn't. You have absolutely nothing to corroborate this statement. My source is a shareholder. He hasnt told me a lot but bits and peices.
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