kowenicki Posted February 29, 2020 Share Posted February 29, 2020 Moot Link to comment Share on other sites More sharing options...
underdog Posted February 29, 2020 Share Posted February 29, 2020 8 minutes ago, oafc1955 said: However all become mute if we do enter administration.....oh well. Explain please Tracy If the company or club, does cease to exist then the share holding ceases too. Both are linked. Jorvik is right that the Trust still exists as a company in its own right however IMO, serious discussion would be needed on what it would exist for? KOW has quite rightly corrected my spelling of Moot....sorry Cheers Link to comment Share on other sites More sharing options...
Dave_Og Posted February 29, 2020 Share Posted February 29, 2020 30 minutes ago, oafc1955 said: However all become mute if we do enter administration.....oh well. Explain please Tracy Moot rather than mute. If we go into admin and if we come out the other side then it will be a different company (OAFC 2020 Ltd or similar). The shareholding will therefore cease to exist as will the rights that go with it. Link to comment Share on other sites More sharing options...
Magic Mikey Posted February 29, 2020 Share Posted February 29, 2020 30 minutes ago, oafc1955 said: However all become mute if we do enter administration.....oh well. Explain please Tracy 23 minutes ago, kowenicki said: Moot The Trust has been mute. Look at the quality of the PTB response (Tracy is excluded from that comment). Link to comment Share on other sites More sharing options...
Monty Burns Posted February 29, 2020 Share Posted February 29, 2020 #bringbackdownvotes l wanted to say that!! Link to comment Share on other sites More sharing options...
Magic Mikey Posted February 29, 2020 Share Posted February 29, 2020 3 minutes ago, Monty Burns said: #bringbackdownvotes l wanted to say that!! Link to comment Share on other sites More sharing options...
Monty Burns Posted February 29, 2020 Share Posted February 29, 2020 there should at least be a statement saying there will be a statement. Link to comment Share on other sites More sharing options...
LightDN123 Posted February 29, 2020 Share Posted February 29, 2020 The trust is nothing short of pointless,(no offence Tracy), and the least of our problems. Link to comment Share on other sites More sharing options...
laticsrblue Posted February 29, 2020 Share Posted February 29, 2020 52 minutes ago, Dave_Og said: If we go into admin and if we come out the other side then it will be a different company (OAFC 2020 Ltd or similar). .. OAFC 125 Ltd would be better Link to comment Share on other sites More sharing options...
underdog Posted February 29, 2020 Share Posted February 29, 2020 15 minutes ago, LightDN123 said: The trust is nothing short of pointless,(no offence Tracy), and the least of our problems. But it should not be. It works in other clubs like Grimsby. IMO as guardians Trust should be safeguarding the club and ensuring the club is being run in a fit and proper manner and following good governance. However, the Trust board rely on a monthly report from the Trust Rep to ensure this is happening and share holders rights as per the Company act 2006, like our right to see FULL accounts. I really wanted the new ownership 2 years ago to be a fresh start. We heard all the words, "wanting to work with", "leave a legacy for supporters via the club" and For the Trust to morph into something that would be more engaging with fans but we have been back on watch again. But you are right, now is not the time to debate the Trust....now is the time for us all to pull together and use all our resources/contacts we all have. Both Trust and PTB are members of the FSA, Trust already put us on the radar with the EFL a the end of last year. What a bloody mess...... Link to comment Share on other sites More sharing options...
Monty Burns Posted February 29, 2020 Share Posted February 29, 2020 is there not an additional punishment for a second time thru the cheat mode? Link to comment Share on other sites More sharing options...
SweeperKeeper Posted February 29, 2020 Share Posted February 29, 2020 48 minutes ago, laticsrblue said: OAFC 125 Ltd would be better Oldham Athletic 3 - with a vengeance Oldham Athletic IV: too fast too furious Oldham Athletic 2040: Revenge of the Fallen Oldham Athletic 2047: Latics in Space Link to comment Share on other sites More sharing options...
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