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Another Brexit thread
at 22:11 8 Aug 2019

Hehehehehehe
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Another Brexit thread
at 21:39 8 Aug 2019

Must be quite frustrating for you that no one is taking your advice on Brexit

Especially being such a Philosopher King
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Voting forms have arrived then
at 12:38 19 Jul 2019

Yes but do remember that if they did put money in the Trust would likely be diluted away.

I don’t see how the current status quo can continue.

Because if people vote for option 2 (in effect to not rock the boat and maintain the Trust’s 21% stake). - then as soon as the Yanks invest in the future - which people keep asking the Yanks to do then the Trust will be diluted away anyway.

If the Trust’s strategy is to increase its stake in the club then best option appears to be sell the shares for £21m+, bank the money for a rainy day, then rebuy in at a later date and pick up a larger stake (hopefully a controlling stake)

I don’t see how the Trust can ever increase its stake in the future under Option 2.
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Pearlman is leaving
at 12:10 19 Jul 2019

What has he delivered in comparison to all the money the club has paid him.

His main achievement appears to be the stadium deal - but that has put us in a precarious position being responsible for future stadium repairs (please correct me if I am wrong) without compensating revenue given we are a championship club.

Also part of the management team who were in charge when we were relegated. So doesn't appear to have enhanced his CV.
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Voting forms have arrived then
at 09:34 15 Jul 2019

I have voted for legal action as my understanding of the Trust’s analysis is:-

1. Given the articles have been changed - the Yanks as majority owner can ignore the Trust in a future sale. That also means that the next owner who buys the shares from the Yanks - can ignore the Trust and so on........

Therefore there would be no point in anyone in the future ever buying the Trust’s shares - Trust’s shares are effectively worthless.

2. If Yanks conducted a rights issue if they put in circa £4m of equity the Trust has to invest its total bank balance circa £800k to maintain its 21% stake. If Yanks invest more than £4m (Remembering that Supporters have continually criticised the Yanks for not making any investment into the club) then the Trust’s stake will be diluted away. ( Noting Trust would have a smaller stake of a larger pot - providing the Yanks then managed the club well - which they haven’t done too date in my view in respect of our relegation under their management).

Status Quo is therefore not an option for me. Hence why I have voted for legal action.
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Anyone at the club’s fans’ forum tonight?
at 11:39 12 Jul 2019

Sounded like Birch himself wanted some equity himself as part of his package when he took on the role.

If that was true then percentages were certainly important to him personally.
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William Hill to close 700 shops
at 11:46 9 Jul 2019

That’s a fair comment you can just imagine though the research departments of these FOBT operators. Doing everything in designing these machines to create a buzz (adrenaline rush) every say 30 seconds.

In the old days there would be at least 15 mins between each horse race - so sometimes had time to reassess when going through a bad run.

Today there is continuous action, live horse and greyhound racing, virtual horse and greyhound racing, countless lotteries and FOBT machines.

Continuous action - adrenaline rush every few seconds if you want it. Hence how they then prey on one’s addiction.
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Trust consultation on legal action
at 08:49 9 Jul 2019

I would like to understand the current Trust position in respect of the new Articles of Association which the Trust is operating under.

In future scenarios of:-

(i) If Yanks decide to sell their shares to a new owner- do they have to offer their shares to the Trust first?

Or can they totally ignore the Trust - resulting in the Trust's shares being totally illiquid. In that the next new owner can then ignore the Trust, when the new owner comes to sell their shares and so on......

(ii) If Trust wants to sell their shares do they have to offer their shares to the Yanks first?

ie Is there a symmetrical relationship?

Why would a new investor ever want to buy the Trust's shares if there was not a symmetrical relationship?

If the Yanks can totally ignore the Trust then is there any financial value in the Trust's shares? Does also the Trust have any voting power to change a decision that the Yanks may make? Financial Value or Voting Power?

I mention this as some of the new candidates who are standing for election to the Trust Board are doing so on the basis that the Trust should maintain its stake.

Do they understand the Trust's position under the the New Articles?
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William Hill to close 700 shops
at 09:21 7 Jul 2019

Always found it strange that Labour liberalised the gambling laws that caused so much damage particularly to its own consistency

https://www.google.co.uk/amp/s/www.bbc.co.uk/news/amp/uk-wales-politics-41723405
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William Hill to close 700 shops
at 09:18 7 Jul 2019

You must have no empathy for fellow human beings to have unleashed these crack cosine of gambling machines on the high street. Especially in poor areas.

To have research departments where you make these machines as addictive as possible.

From attached article looks note the pawn shops sprouting up next to them.

https://www.google.co.uk/amp/s/amp.theguardian.com/uk-news/2018/jan/22/fobt-thre

How do you look yourself in the mirror as a greedy executive preying on vulnerable people and resultant damage on their families.
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William Hill to close 700 shops
at 09:10 7 Jul 2019

Apparently William Hill himself was against legalised betting shops.

“When the UK legalized betting shops, effective May 1, 1961, he was outspoken against them. He went as far as calling them a cancer on society that preyed on the working man. In his opinion, betting was a recreational activity and competition for those who could afford it”

https://www.gamblingsites.org/history/william-hill/
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Battle of Gettysburg 1 July 1863 – 3 July 1863
at 18:43 6 Jul 2019

This is also an interesting In Our Time link on Lincoln's Gettysburg Address following the battle

https://www.bbc.co.uk/programmes/b07c2w5j
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Battle of Gettysburg 1 July 1863 – 3 July 1863
at 18:41 6 Jul 2019

Yes thanks for reminding me it was called Gods and Generals and was in 2 parts. The 2nd part was Gettysburg.

Here is Pickett's charge from the film also in 2 parts

Pickett's Charge (part one)


Pickett's Charge (part two)
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Battle of Gettysburg 1 July 1863 – 3 July 1863
at 08:47 3 Jul 2019

3rd July was day 3 of 3 of the Battle of Gettysburg

For those interested in military history the attached is a great lecture on the battle.



The battle culminated with Pickett’s charge.

Please also see Shelby Foote on Gettysburg

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Summer solstice
at 08:32 27 Jun 2019

Yes looks magical and thanks for sharing
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Mark Field
at 19:14 21 Jun 2019

Have you been out and had a nice walk today?

Breathed in some fresh air.

If you are not a troll I seriously worry for your health. Red mist comes down on you whenever a Tory or Brexiteer does something. The hate and disgust you must feel whenever one of them does something that you don’t agree with.

I hope you haven’t been on here since when you started the OP in the morning -
you will seriously develop stomach ulcers if you are not careful.
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Mark Field
at 18:36 21 Jun 2019

Did she cycle all the way from Wales to the event?

Must have taken her a few days. Some lovely cycle routes on the Canal network.
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Summer solstice
at 12:57 21 Jun 2019

“What sets Bryn Celli Ddu apart from the other tombs on Anglesey, is that it is the only one to be accurately aligned to coincide with the rising sun on the longest day of the year. At dawn on midsummer solstice, shafts of light from the rising sun penetrate down the passageway to light the inner burial chamber. Perhaps this sunlight was meant to bring warmth and life to the ancestors?’

Amazing that 5,000 years ago they could be so accurate with the light penetrating the inner burial
Chamber.
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Summer solstice
at 12:52 21 Jun 2019

Nice one - 5,000 years ago - makes you think
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Mark Field
at 11:19 21 Jun 2019

He probably thought he was going to get a milkshake thrown over himself and colleagues.

Anyone remember the Prescott punch? Looked like he had an egg thrown over him so looked like an automatic reaction.

Better than battery acid I suppose

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