| Update due today latest 10:45 - May 10 with 9270 views | judd |
https://www.rochdaleafc.co.uk/news/2023/april/statement250423/
"A further update will follow no later than Wednesday May 10th 2023"
From the statement entitled Board response to Chris Dunphy.
From the action plan on Trust feedback:
"Q: I hope that the Trust will do everything possible to support Chris Dunphy and his colleagues in his bid to rescue the club.
A: The Trust will always act in the best interests of the Club and will consult with members before any major decision. As shown throughout the Morton House affair, when consulting with members, we will not suggest any direction when asking supporters. Along with a handful of other Dale supporters, the Trust Chair met with Chris Dunphy last weekend before the Sutton game. Whilst Chris has withdrawn his planned approach for the Club, we believe that given his years of experience at the Club can only support the Board of Directors and would urge both parties to get around the table at the earliest opportunity."
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| Update due today latest on 11:03 - May 10 with 5462 views | Trev |
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| Update due today latest on 17:44 - May 10 with 4819 views | judd |
"I remain committed to the club and would be willing to meet and talk with those who would help to protect the club we all love."
So, because he wasn't going to be hamstrung with bureaucracy, the board of directors, it would appear from this wooden statement, will not talk to him?
Talking is NOT against EFL rules. | |
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| Update due today latest on 17:48 - May 10 with 4792 views | 442Dale |
As seen in the original post in this thread, the club’s major shareholder, the Dale Trust have said the following regarding Dunphy:
“….we believe that given his years of experience at the Club can only support the Board of Directors and would urge both parties to get around the table at the earliest opportunity."
Of course, an individual may or may not choose to provide information around whether they are prepared to “get around the table at the earliest opportunity”, however Rochdale AFC can very easily inform supporters of their willingness to do this.
Especially as they are “working tirelessly” towards “reengaging” with supporters in a statement shared on the club website on the evening of the Stockport County away fixture on Saturday April 22nd 2023.
https://www.rochdaleafc.co.uk/news/2023/april/clubupdate_220423/ [Post edited 10 May 2023 17:54]
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| Update due today latest on 18:00 - May 10 with 4718 views | CockneyDale |
| Update due today latest on 17:44 - May 10 by judd |
"I remain committed to the club and would be willing to meet and talk with those who would help to protect the club we all love."
So, because he wasn't going to be hamstrung with bureaucracy, the board of directors, it would appear from this wooden statement, will not talk to him?
Talking is NOT against EFL rules. |
It is wooden, agreed. But rather than him not wanting to be hamstrung with bureaucracy, isn't the reason they've stopped discussions because he won't/can't buy their shares? |  | | |
| Update due today latest on 18:12 - May 10 with 4649 views | SuddenLad |
| Update due today latest on 18:00 - May 10 by CockneyDale |
It is wooden, agreed. But rather than him not wanting to be hamstrung with bureaucracy, isn't the reason they've stopped discussions because he won't/can't buy their shares? |
CD himself said that he didn't have the funds required. That's all that needs to be said about that.
Whether there is any mutual interest in CD offering his advice and/or experience is another matter.
That statement carefully says nothing. |  |
| “It is easier to fool people, than to convince them that they have been fooled†|
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| Update due today latest on 18:14 - May 10 with 4626 views | 49thseason |
| Update due today latest on 18:00 - May 10 by CockneyDale |
It is wooden, agreed. But rather than him not wanting to be hamstrung with bureaucracy, isn't the reason they've stopped discussions because he won't/can't buy their shares? |
No, I think its because Dunphy said he wanted to run the whole show and the Directors are not prepared to let that happen because they have invested a considerable amount of money themselves and ideally want it back before they would let someone else take over. |  | | |
| Update due today latest on 18:27 - May 10 with 4555 views | D_Alien |
| Update due today latest on 18:12 - May 10 by SuddenLad |
CD himself said that he didn't have the funds required. That's all that needs to be said about that.
Whether there is any mutual interest in CD offering his advice and/or experience is another matter.
That statement carefully says nothing. |
Isn't it clear that the simplest thing CD could do would be to put in an offer to buy a substantial tranche of shares?
OK, he hasn't got the funds to buy the shares acquired by the current directors, but there's still c. 350k shares available (in theory)
If he wants to talk about helping the club, the appropriate action would be to offer to buy himself a seat on the board and take it from there. if there are others within his "consortium", they could also do so
However... if there are other interested parties looking to take control of the club, would the club allow such a sale of shares, which might hinder the plans of the new potential investor(s)? |  |
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| Update due today latest on 18:52 - May 10 with 4433 views | blackdogblue |
Either a Calendar reminder or… oh no… they do not look at this forum…. |  |
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| Update due today latest on 18:52 - May 10 with 4439 views | judd |
| Update due today latest on 18:00 - May 10 by CockneyDale |
It is wooden, agreed. But rather than him not wanting to be hamstrung with bureaucracy, isn't the reason they've stopped discussions because he won't/can't buy their shares? |
What harm can it do to publicly welcome the opportunity to meet and talk with a man with over 30 years football board experience?
What harm could it do to acknowledge the wording from the clubs major shareholder and get together?
It really is that simple.
If we're looking to create competition for the acquisition, why not have more parties interested, irrespective of corporate speak procedure?
We're Rochdale, not Manchester United. (Credit to Trevor Butterworth) | |
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| Update due today latest on 19:00 - May 10 with 4403 views | Rodingdale |
| Update due today latest on 18:52 - May 10 by judd |
What harm can it do to publicly welcome the opportunity to meet and talk with a man with over 30 years football board experience?
What harm could it do to acknowledge the wording from the clubs major shareholder and get together?
It really is that simple.
If we're looking to create competition for the acquisition, why not have more parties interested, irrespective of corporate speak procedure?
We're Rochdale, not Manchester United. (Credit to Trevor Butterworth) |
I suspect the fact that CDs shares found their way into the hands of MH has coloured the view of the board. And who could blame them. A shame as you say, but CD burnt some bridges when he left last time. | | | |
| Update due today latest on 19:07 - May 10 with 4362 views | judd |
| Update due today latest on 19:00 - May 10 by Rodingdale |
I suspect the fact that CDs shares found their way into the hands of MH has coloured the view of the board. And who could blame them. A shame as you say, but CD burnt some bridges when he left last time. |
How?
He sold, with others, to individuals known to the board, who had viable and vested interests in promoting Smarter Scout analytics system, a system later deployed by the club for free in identifying players for BBM to waste.
How anyone could have foreseen MH acquiring them shares is beyond me.
Don't forget, the Americans were about to join our board before serious internal issues that had not been addressed changed their minds. Those issues arose well after CD left.
He's been badly treated by successive boards since he left, and this one really has no justifiable excuse given the public apology and conciliatory statement from CD. | |
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| Update due today latest on 19:25 - May 10 with 4272 views | Trev |
OK, so the club has put out a statement of sorts. I didn't expect anything more to be honest. I would actually prefer it if they just got on with things now, stop going on about seeking outside investment and concentrated on ensuring we don't drop into NLN this time next year. I would be absolutely gobsmacked if anybody bought them out. | | | |
| Update due today latest on 20:10 - May 10 with 4116 views | Rodingdale |
| Update due today latest on 19:07 - May 10 by judd |
How?
He sold, with others, to individuals known to the board, who had viable and vested interests in promoting Smarter Scout analytics system, a system later deployed by the club for free in identifying players for BBM to waste.
How anyone could have foreseen MH acquiring them shares is beyond me.
Don't forget, the Americans were about to join our board before serious internal issues that had not been addressed changed their minds. Those issues arose well after CD left.
He's been badly treated by successive boards since he left, and this one really has no justifiable excuse given the public apology and conciliatory statement from CD. |
I’m just trying to understand it from the boards point of view he’s got baggage and hasn’t put his money where his mouth is. I was excited at the thought Dunphy may be back - but now he’s withdrawn- time to move on. Also didn’t CD appoint DB - you and I both read the Hasbro stuff - why didn’t CD?. Too much baggage. | | | |
| Update due today latest on 20:18 - May 10 with 4096 views | judd |
| Update due today latest on 20:10 - May 10 by Rodingdale |
I’m just trying to understand it from the boards point of view he’s got baggage and hasn’t put his money where his mouth is. I was excited at the thought Dunphy may be back - but now he’s withdrawn- time to move on. Also didn’t CD appoint DB - you and I both read the Hasbro stuff - why didn’t CD?. Too much baggage. |
None of the current board served with him.
Why would you not talk to him? | |
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| Update due today latest on 20:22 - May 10 with 4084 views | pioneer |
| Update due today latest on 20:10 - May 10 by Rodingdale |
I’m just trying to understand it from the boards point of view he’s got baggage and hasn’t put his money where his mouth is. I was excited at the thought Dunphy may be back - but now he’s withdrawn- time to move on. Also didn’t CD appoint DB - you and I both read the Hasbro stuff - why didn’t CD?. Too much baggage. |
The board appointed DB and as CD has said repeatedly he resigned because he didnt agree with the direction the board was taking.
Also, to be fair, neither CD or anyone else at the club would be the first to have been conned by DB. He made a career out of it. | | | |
| Update due today latest on 20:34 - May 10 with 4022 views | D_Alien |
This isn't the only scenario concerned, but how it's playing out seems to indicate - whether or not it's true - a conflict between the interests of the current BoD and best interests of RAFC going forward
That's not a good look, by any standards | |
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| Update due today latest on 21:13 - May 10 with 3884 views | Newbury_Dale |
The news is, there's no news.
Bored of the 'multiple NDAs ' claptrap now. | | | |
| Update due today latest on 21:23 - May 10 with 3850 views | judd |
| Update due today latest on 21:13 - May 10 by Newbury_Dale |
The news is, there's no news.
Bored of the 'multiple NDAs ' claptrap now. |
Meet the new boss.
Same as the old boss. | |
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| Update due today latest on 21:37 - May 10 with 3795 views | DorkingDale |
| Update due today latest on 20:18 - May 10 by judd |
None of the current board served with him.
Why would you not talk to him? |
Didn't Pockney? Or did he arrive afterwards? | | | |
| Update due today latest on 21:43 - May 10 with 3750 views | judd |
| Update due today latest on 21:37 - May 10 by DorkingDale |
Didn't Pockney? Or did he arrive afterwards? |
He joined the month after Chris left. | |
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| Update due today latest on 22:01 - May 10 with 3683 views | Clivert |
Any news on the retained/released list? |  | | |
| Update due today latest on 22:06 - May 10 with 3669 views | judd |
| Update due today latest on 22:01 - May 10 by Clivert |
Any news on the retained/released list? |
Probably with management consultants for them.to pad out verbiage | |
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| Update due today latest on 07:31 - May 11 with 3265 views | NigelWatson |
| Update due today latest on 18:14 - May 10 by 49thseason |
No, I think its because Dunphy said he wanted to run the whole show and the Directors are not prepared to let that happen because they have invested a considerable amount of money themselves and ideally want it back before they would let someone else take over. |
Will the Directors want more money than they paid?
What's their primary motivation??
Is Simon Gauge paying himself a salary from RAFC?
If so, how much is he receiving? [Post edited 11 May 2023 7:34]
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| Update due today latest on 09:03 - May 11 with 3140 views | dingdangblue |
| Update due today latest on 18:14 - May 10 by 49thseason |
No, I think its because Dunphy said he wanted to run the whole show and the Directors are not prepared to let that happen because they have invested a considerable amount of money themselves and ideally want it back before they would let someone else take over. |
Sounds more like a loan than an investment. |  |
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