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The list seems fair enough to me. Bit harsh on Sinclair perhaps as maybe he offered more than Mather did on that side. I'm sure he'll get plenty of offers at NL level and will almost certainly score against us next season if that happens but if it frees up sufficient funds to get some one like Hayes in then its worth it.
We are also very light in centre-mid and were lucky last season that Gilmour and East stayed fit all season pretty much. If we could pick up the likes of Whelan or Francis from Gateshead then that would certainly bolster this area.
On the whole the recruitment has been much better this season. Whether thats down to McNulty or MRKT or a combination but hopefully this will continue. Assume relations with MRKT will resume once the Ogdens get control and we have a budget for signings.
For me I think EEL has had a decent season and is deserving of a new contract. Maybe at reduced terms to reflect the national league level. The way the centre half’s are being asked to play means theres always going to be some mistakes. He might not have that many direct assists but a fair amount of our goals have started from an EEL ball forward. Finding a better replacement will be harder than people might think.
Seems very unfair on Gateshead fans, players and staff. Surely should have let them at least compete in the play offs. Tough ask for them to win them anyway but surely then they could have sorted something out. Also surely Alty should have been given the bye given they finished above Solihull. Shambles all round.
That does seem to be the case and it doesnt sound that a specific investor is lined up yet so i find hard to believe a takeover can be completed with sufficient due diligence by end of the month. You have to wonder why we seem to have put all our eggs in this one basket with WSH in that case. How long is this 'short' period of exclusivity that weve agreed to with them i wonder.
To me our chances of liquidation/administration have increased somewhat based on that.
By my reckoning if WSH only bought the 9 million 'A' shares at 22p (total 1.98M) that would only give them a smidge under 87% of the total shares. To get to 90% control they'd need to also buy up the unsold shares that were issued at £2.35. Not sure exact amount of unsold shares there are but it was around 375k. Buying up these would get them to 90% i think and total outlay for them to achieve that would be 881k (2.35 * 375k) + 1.98M = 2.86M
So still a fair bit left after paying off the 'friendly' debt. Gauge has said he'd take equity for his debt so that would leave more cash in the club to invest.
Is it 75% thats needed to pass the resolutions? Seem to remember reading that on here but cant remember for sure and the stuff sent to shareholders in the email doesnt say what is required to pass. If it is 75% then this is more likely to be achieved via a poll than show of hands i think as the directors own around 50%. Key will be the way the trust votes based on the their poll. Assume for the trust if more than 50% vote for a resolution then all the trust shares count.
Sounds to me that there is a US-based investor waiting in the wings that has dictated terms for investing and has said they will proceed should the resolutions get voted through. Surely the trust should be allowed to meet with these people prior to the egm.
And now the clubs plight has been publicised suddenly there are a number of other interested parties getting in touch. Not surprised at that as 2million quid for 90% of a club that owns their own ground now looks an attractive deal.
One of the resolutions is to create 9 million 'A' shares at 22p. 9mill * 22p = £1.98 million
So pretty much the 2million being called for. This cash would go into the club. I assume a new investor would buy all these shares. The existing total shares in issue i believe is 1.35 million so adding the 9m gives total of 10.35million shares.
Therefore a new investor would in effect own 87% as a result so they'd only need another 3% to get to the 90% threshold. Gauge or one of the other directors could sell some or all of their holding in a private sale in order for the new investor to get to the 90%. There is also a number (300K?) of available 'ordinary' shares that the club has struggled to flog at an overvalued £2.25 but i doubt an investor would want to buy these at that price. Especially when they are buying the 'A' shares at a massively discounted 22p.
Its possible that the 556k debt to equity that is mentioned would mean Gauge being handed a portion of the 'A' shares by the new investor as these will get priority (if the resolution is passed) in the event of liquidation with holders of the ordinary shares being last in the queue to get anything back.
Thats my take on it but might be way off the mark. I assume there is an investor waiting in the wings should the resolutions get passed but doesnt look like we'll find out who they are until after the EGM.
The chairman says liquidation not admin so in effect the club no longer ceases and all our results are expunged probably meaning just the bottom 3 go down. Incredible to think weve gone from being in the play offs to be being 3 points from relegation in less than a month.
Wealdstone have had to switch their FA Trophy game to Hendon tonight as their pitch is waterlogged again. Third time they've postponed that game at their place.
Can see the clubs thinking on this in that rain is forecast today and a late postponement would see us having to fork out for Borehamwood's travel costs i think plus other costs we'd incur if postponed late. Also given our current form and likely poor crowd there's not much desire to get the game on. If we'd won our last 4 games then maybe we'd have put more effort into to get it played.
I think the main frustration people have is the very slow tempo of build up akin to a Serie A game and often choosing not to cross and instead recycle the ball back to retain possession. I'm not sure if this is partly to maintain energy reserves due to the small squad and lack of options off the bench. Watching from the sidelines it certainly doesnt look all that tiring to play in this side. Often ive seen us work the ball through a side that presses but then dont go for the jugular and allow the opposition to get back behind the ball.
Now that we have most players back i'd like to think McNulty would encourage a higher tempo knowing he can swap in some of the front players to inject more energy. I hope someone can quiz McNulty at the forum about the tempo specifically.
Gateshead play a similar possession-based style but are much more incisive with their passing and play at a higher tempo.
The tactics themselves are quite brave and attacking with us pushing the full backs on and playing with wingers on both sides but opposition managers have worked us out and know that we will keep playing the same way so just sit in and wait for us to lose the ball and hit on the break.
Considering the small squad of senior players this situation was always going to happen with injuries in key areas. It seems we’re now left with one senior 39 yr old striker available for at least a month more likely two. Assuming we’ve no plan to recall Tahvon Campbell then we really need to get someone in on loan. It sounds like we’ve no money to get someone in but could the Dale trust help with aid of fans assist in funding this?
Find it hard to believe the club would fork out for an overnight trip for Dagenham if they were struggling to pay this months wages. So the payroll thing sounds more believable to me.
Interesting that the tickets are not available for the Willbutts so assume Fylde fans will be housed there. Can’t imagine they’ll bring more than 250 though so if uptake is good wonder if there’s a plan to open willbutts to home fans as well.
I would say the entertainment served up at the games this season are far and way an improvement on the turgid stuff served up under Stockdale. However the frustration is were losing and drawing games that we shouldnt be with Saturday another example.
The game on Saturday could have gone either way and the decisions from both managers i think did have an impact on the end result. Both teams were playing a form of possession based football but Wealdstone tried to get crosses in where we would often recycle it back. Especially on our left where we had Hendo and SAJ.
After Rodney came on we had a dominant spell where it looked a matter of time before we'd score. Then their keeper feigned an injury and the game stopped for a spell. All the players went over to the touchline. Listening to the interview with the Wealdstone gaffer he said they switched formation to 451 after our subs. Assume he did that during the stoppage. We also brought Jez to go an almost 4-2-4 to try and win the game.
BJ is an inexperienced manager and i'm not sure if he's too nice to implement some of the dark arts that opposition teams have been using. After they changed shape we continued to try the short passes out from the back which meant most of the remainder of the game was played in our half. He should have recognised that with the pace we had on the pitch we should have been mixing it up much more forcing them back with balls over the top to start building pressure on them. Maybe he did recognise this but didnt get the message across but this is where the dark arts come into play to enforce a stoppage.
If BJ is going to make it as a manager being nice wont get you anywhere.
Like the idea as the Willbutts will probably be only needed for Hartlepool out of the 10 fixtures we have after new year but wouldnt all other stands have to be free as well for POTD?
Its the best stand in the ground so not sure if you are allowed to designate one stand as free but charge for others especially if they're inferior.
We could probably get round it by giving away a number of tickets similar to to the Fylde game scheme where were giving away 500 tickets for a quid plus another 500 bought by the trust. We could give away say 3000 free tickets per game for the Willbutts.
Its certainly true that the small squad has probably impacted some of our results although to counter that Southend are now only just below us having had a 10 point deduction and have only been able to name 3 subs in most games.
Also a lot of our games are played at a pedestrian pace and watching from the sidelines it doesn't look especially tiring for the players.
I dont understand why Oscar Kelly and/or Ehimamiegho werent on the bench last night. Cant see any harm if they were thrown on in last 10mins at the top end of the pitch to inject some energy.