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KELVIN THOMAS TIME TO GO.

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singcobb
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« Reply #100 on: May 03, 2021, 14:49:46 pm »

For me, this is the problem! Kelvin does not want fan participation in the financial sense.....a fund raising scheme to purchase shares in the club for example is a complete non-starter. So its about how we raise funds and what are we actually raising them for?

A couple of weeks ago there was a scheme being talked about where we would provide safe standing at the North End of the ground......but what would happen if that were to draw fans out of the other areas (and thereby actually reducing revenue), would the chairman go for it? Would it be a standalone scheme with some sort of payment to the club?

Whatever is proposed, KT wants to be in control of it.....unless the aim is to actually raise enough money to buy him out.....and that will only happen if he wants to leave! Its been quite a few years since KT said he was open to offers for extra investment by outside parties.....yet nothing has come to fruition. Why is this? Why is nobody willing to buy into Kelvins plans?


One big problem about owning shares is that if other shareholders stump up a cash injection to keep the club running you have to match the amount based on the percentage of your shareholding, if you don't your shareholding can be diluted by the majority shareholders.
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