Ricay

Discuss all matters related to Dagenham and Redbridge
Mark
Posts: 1076
Joined: Fri Oct 18, 2013 5:04 pm

Re: Ricay

Post by Mark » Thu Sep 19, 2019 9:36 am

Nah it can't be, Tamplin was a good guy with pure intentions for us, and his associates are all whiter than white.

Voice of reason
Posts: 221
Joined: Thu Oct 15, 2015 11:15 am

Re: Ricay

Post by Voice of reason » Thu Sep 19, 2019 1:02 pm

Mark wrote:
Thu Sep 19, 2019 9:36 am
Nah it can't be, Tamplin was a good guy with pure intentions for us, and his associates are all whiter than white.
BTFC is a Limited company
Just like GT's numerous other failed businesses
He can just walk away and allow the company to go bust
His son has apparently left too

SUSSEX DAGGER
Posts: 2182
Joined: Sun Oct 20, 2013 2:47 am

Re: Ricay

Post by SUSSEX DAGGER » Thu Sep 19, 2019 7:29 pm

Lets hope he dont get his money back and returns his attention to us by making an attractive offer to us

Luckily we have a safety net of the Members , oh no we dont no more do we. Under the terms of the new shareholdings that seem to pass without comment the price only needs to be right

lupins
Posts: 346
Joined: Sat Oct 19, 2013 7:55 pm

Re: Ricay

Post by lupins » Fri Sep 20, 2019 8:26 pm

Which was voted for by the Members who are there to look after the Club as you rightly say

rebeldagger
Posts: 215
Joined: Sat Oct 19, 2013 7:51 pm
Location: Romford
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Re: Ricay

Post by rebeldagger » Sat Sep 21, 2019 9:19 am

SUSSEX DAGGER wrote:
Thu Sep 19, 2019 7:29 pm
Lets hope he dont get his money back and returns his attention to us by making an attractive offer to us

Luckily we have a safety net of the Members , oh no we dont no more do we. Under the terms of the new shareholdings that seem to pass without comment the price only needs to be right
The Americans have heavily invested in the club, the ground and the community. It's clear to be seen to anyone that they are in this for the long haul and have our and their's best shared interest at heart.

SUSSEX DAGGER
Posts: 2182
Joined: Sun Oct 20, 2013 2:47 am

Re: Ricay

Post by SUSSEX DAGGER » Sun Sep 22, 2019 8:35 am

rebeldagger wrote:
Sat Sep 21, 2019 9:19 am
SUSSEX DAGGER wrote:
Thu Sep 19, 2019 7:29 pm
Lets hope he dont get his money back and returns his attention to us by making an attractive offer to us

Luckily we have a safety net of the Members , oh no we dont no more do we. Under the terms of the new shareholdings that seem to pass without comment the price only needs to be right
The Americans have heavily invested in the club, the ground and the community. It's clear to be seen to anyone that they are in this for the long haul and have our and their's best shared interest at heart.
[/quote

Was told the same about Glynn Hopkins and that ended well . Fact remains we are now totally pitched our tent with them and with the new shareholdings they can sell to anybody and the safety net has been removed

Kevin
Posts: 340
Joined: Sun Oct 20, 2013 1:55 pm

Re: Ricay

Post by Kevin » Sun Sep 22, 2019 10:59 am

Was told the same about Glynn Hopkins and that ended well . Fact remains we are now totally pitched our tent with them and with the new shareholdings they can sell to anybody and the safety net has been removed
It's after the Glynn Hopkin pull-out/antiquated Board naive gentlemens "agreement" that we faced the real prospect of going bust.

If we had have gone bust, the Members could've have gone down the pub to talk about old times - and that would have been about it.

The Yanks have then come in and initially stopped us going bust. To fund us for this year, additional funding has been required.

In the UK, shareholders can issue additional funds in the form of a loan.

In the US, shareholders cannot issue loans in this way - hence the only way to legally pay money into the club is in the form of first issuing, then purchasing additional shares. Short of a Member/another party purchasing some shares themselves, I can't see what else they could have done in this situation.

Short-term, I'm encouraged by the way it is currently going. Long-term, the Daggers have to raise a few quid themselves - that is the only real safety net.

TommyD&R
Posts: 429
Joined: Wed Jan 29, 2014 11:56 pm

Re: Ricay

Post by TommyD&R » Tue Sep 24, 2019 7:15 pm

Craig Robson has left. Done himself in going there, can’t see him making it back to the conference prem

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