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It is of course up to you to do as you wish, it is just great that you are doing something.

 

However both organisations would require to ask their members about taking a majority stake.

 

RF because it has said it will consult its members.

BR because that is the rules of most Community share issue that when you get to the point of potentially taking control you have to ask all the members if they would rather withdraw their share capital. I expect the wording for this will be in the scheme rules somewhere.

 

So for any indeed either scheme to actually take on the liability of 51% or indeed as the ownership is via a PLC over 29.9% (as you then have to offer for the full 100%) you would have to revert the issue and the cost to the membership.

 

hope that makes sense.

 

P.S also worth noting that none of the current parties who "control" the club have a personal or even collective shareholding via proxy of anywhere near 50% + 1

Thanks for getting back to me.

 

You'll remember the RFFF firing up? Too few questions were asked of it and subsequently many people have come to regret paying into it. It was a mess from the off but asking serious questions, in some quarters, was deemed to be an act of disloyalty. Basically, it seemed to be about getting the money in and sorting out the details later. It was obvious straight away that it was a glorified way of passing the hat round, but most didn't care about answers never mind questions.

 

Lessons have to be learned. We should ask searching questions of fan groups when they ask for our money.

 

The idea of paying over a monthly sum to RF - in perpetuity - when its vision seems vague does not appeal to me. Fan ownership may still be a long way off, but I'll be riding the RST vehicle. I've paid my money, I have my share, my annual membership will continue and my monthly outgoing is zero.

 

Thanks for the answers.

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Thanks for getting back to me.

 

You'll remember the RFFF firing up? Too few questions were asked of it and subsequently many people have come to regret paying into it. It was a mess from the off but asking serious questions, in some quarters, was deemed to be an act of disloyalty. Basically, it seemed to be about getting the money in and sorting out the details later. It was obvious straight away that it was a glorified way of passing the hat round, but most didn't care about answers never mind questions.

 

Lessons have to be learned. We should ask searching questions of fan groups when they ask for our money.

 

The idea of paying over a monthly sum to RF - in perpetuity - when its vision seems vague does not appeal to me. Fan ownership may still be a long way off, but I'll be riding the RST vehicle. I've paid my money, I have my share, my annual membership will continue and my monthly outgoing is zero.

 

Thanks for the answers.

 

No problem we will just have to agree to disagree, as i do not feel the vision of RF is vague.

 

Enjoy

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Thanks for getting back to me.

 

You'll remember the RFFF firing up? Too few questions were asked of it and subsequently many people have come to regret paying into it. It was a mess from the off but asking serious questions, in some quarters, was deemed to be an act of disloyalty. Basically, it seemed to be about getting the money in and sorting out the details later. It was obvious straight away that it was a glorified way of passing the hat round, but most didn't care about answers never mind questions.

 

Lessons have to be learned. We should ask searching questions of fan groups when they ask for our money.

 

The idea of paying over a monthly sum to RF - in perpetuity - when its vision seems vague does not appeal to me. Fan ownership may still be a long way off, but I'll be riding the RST vehicle. I've paid my money, I have my share, my annual membership will continue and my monthly outgoing is zero.

 

Thanks for the answers.

Am I right in thinking then that you aren't going to purchase more shares then if you arent having any monthly outgoings?

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