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New Investment Options


Kmcalpin
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1 hour ago, Toxteth O'Grady said:

Aye the Netflix mini series about our rise to premiership and champions league  sucess will be getting planned as we speak " Steelmen the road to Glory" available to stream soon. 😂

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6 minutes ago, Spiderpig said:

Aye the Netflix mini series about our rise to premiership and champions league  sucess will be getting planned as we speak " Steelmen the road to Glory" available to stream soon. 😂

Aye it will be interesting to find out what his motives behind the offer are.

Doesn't appear to have any sporting interests in his past that you can find online so maybe you're on the right track with a media angle.

Would like a swatch at the contacts on his phone, Hollywood's elite no doubt.

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55 minutes ago, santheman said:

Would like a swatch at the contacts on his phone, Hollywood's elite no doubt.

Stuck on a bus, so....

The only name I recognised from his productions on IMDb was Paul Higgins from Wishy, who played the - funnily enough - Motherwell born, Al Jolson fan sidekick of Malcolm Tucker in The Thick of It. Mibbe he told him to invest or he'd remove his iPod from its tiny nano-sheath and shove it....

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11 minutes ago, bobbybingo said:

Stuck on a bus, so....

The only name I recognised from his productions on IMDb was Paul Higgins from Wishy, who played the - funnily enough - Motherwell born, Al Jolson fan sidekick of Malcolm Tucker in The Thick of It. Mibbe he told him to invest or he'd remove his iPod from its tiny nano-sheath and shove it....

Busta over on P&B has given a full blown breakdown of him.

Can't be arsed copying but well worth a read and explains where his interest in football comes from.

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13 hours ago, David said:

For many fans, the sign that it isn't working is that we got outbid by Kilmarnock for Van Veen in January.

Phew!! Killie paying at least £6K!!!!!! a week for a guy who hasn't even started for him and basically all they are aiming for is 4th place

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People seem to be very excited about the connection to a household name brand in Netflix when he hasn't actually worked there for a number of years. 

There is definitely a PR campaign running in the background here with the emphasis on the bid coming from a 'family' which always has positive associations rather than say 'producer of straight to TV movies'.

 

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18 minutes ago, steelboy said:

People seem to be very excited about the connection to a household name brand in Netflix when he hasn't actually worked there for a number of years. 

There is definitely a PR campaign running in the background here with the emphasis on the bid coming from a 'family' which always has positive associations rather than say 'producer of straight to TV movies'.

 

Don't think anyone's excited per se, more curious than anything and the fact that he has an interest in football and seems to be reasonably well off with good connections makes the proposal a bit more interesting than some random who knows nothing about the game.

As always the devil's in the detail and I'll reserve judgement until that becomes clearer.

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24 minutes ago, steelboy said:

People seem to be very excited about the connection to a household name brand in Netflix when he hasn't actually worked there for a number of years. 

There is definitely a PR campaign running in the background here with the emphasis on the bid coming from a 'family' which always has positive associations rather than say 'producer of straight to TV movies'.

 

Do you ever take a positive spin on ANYTHING.....................Jesus Christ, utter misery at every turn!!!!!!!!!!!!!!

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25 minutes ago, steelboy said:

People seem to be very excited about the connection to a household name brand in Netflix when he hasn't actually worked there for a number of years. 

There is definitely a PR campaign running in the background here with the emphasis on the bid coming from a 'family' which always has positive associations rather than say 'producer of straight to TV movies'.

 

It's called having a laugh. Try it sometime.

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2 hours ago, grizzlyg said:

Phew!! Killie paying at least £6 a week for a guy who hasn't even started for him and basically all they are aiming for is 4th place

We could have got him for a tenner a week then?? 

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3 hours ago, grizzlyg said:

Phew!! Killie paying at least £6 a week for a guy who hasn't even started for him and basically all they are aiming for is 4th place

6 quid is a bargain!

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Are the Society going to be completey silent on this?

They don't have to talk about the Yank's offer but it's strange they haven't put anything out highlighting that fan ownership has given the club a solid platform for the past 7 years. 

 

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39 minutes ago, steelboy said:

Are the Society going to be completey silent on this?

They don't have to talk about the Yank's offer but it's strange they haven't put anything out highlighting that fan ownership has given the club a solid platform for the past 7 years. 

 

Would that not be seen as suggesting how members should vote? Should the Society be taking a position on this offer?

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15 minutes ago, bobbybingo said:

Would that not be seen as suggesting how members should vote? Should the Society be taking a position on this offer?

Yes, I think it would Bobby. If it ever comes to this, both proposals could be put to members with FAQs and an idiots guide for folk like me.

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15 minutes ago, bobbybingo said:

Would that not be seen as suggesting how members should vote? Should the Society be taking a position on this offer?

Of course the Society should be taking a position of whether or not the Society is capable of being majority shareholder.

Any Society board members who feel that it isn't should resign (particularly if they also happen to have a significant private share holding).

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26 minutes ago, bobbybingo said:

Would that not be seen as suggesting how members should vote? Should the Society be taking a position on this offer?

I see the society as a member organisation, such as a trade union. Therefore, as a member of a trade union at work, I would expect them to put a position to me (and other members) on important workplace issues. 

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1 hour ago, steelboy said:

Are the Society going to be completey silent on this?

They don't have to talk about the Yank's offer but it's strange they haven't put anything out highlighting that fan ownership has given the club a solid platform for the past 7 years. 

 

They sent out this email 4 days ago....

Thursday 4 April 2024

Dear member,
 
A statement from The Well Society
The Well Society, as the football club’s majority shareholder, would like to acknowledge the statement from the football club yesterday in which it was confirmed that discussions between the Executive Board and a US-based investor had reached the stage of entering into an agreement on a non-binding Heads of Terms (a legal agreement to explore options).

It is important to acknowledge that, while the Well Society Board as an entity is not involved in these negotiations, we are encouraged by the suggestion that the investor would be keen to work in partnership with the Well Society, should investment come to fruition.

We believe that the fan ownership model has – over the piece – been successful. We also acknowledge that, via our recent consultation, a majority of members who voted expressed an openness to consider investment options that may result in revised operating models. As the majority shareholder, we will continue to work on Society plans to engage fans, maximise membership and raise funds, while these negotiations continue.

Things are at an early stage and we do not have the information as yet to reach a decision on whether we, as the elected representatives of the Well Society, believe that an agreement would be credible or beneficial to the football club.

However, should these discussions between the Executive Board and investor prove successful, we would then be in a position to formulate our own position and - most importantly - consult with members of the Well Society on how to proceed, sharing detailed information with you at that stage.

Rest assured that you - our members - will always be those with the responsibility of agreeing to or rejecting any investment opportunity which potentially alters the operating model of the club and the Well Society's shareholding.
 
Thank you,
 
The Well Society Board
Tel: 01698 338009
Email: well.society@motherwellfc.co.uk

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