New Trust

[albie]

According to the press reports LT and Jr are proposing to set up a Trust to manage their input and resources.

The VSC is a Trust and is constituted to do the same thing. So what is the point of setting up a new body to do the same job.

LT and JR could join the VSC and stand for election. They could put their shares into giving supporters a direct say and more influence over club policy.

I don't know if the VSC have had discussions on this approach or why a new body is needed. Any suggestions?

[Wellred]

Is it April 1st?

[BigColSutherland]

Maybe they know something you don't albie?

[hoolahoop]

Sorry Albie but oil and water immediately spring to mind here and really they shouldn't !

[MrWoodySir]

According to the press reports LT and Jr are proposing to set up a Trust to manage their input and resources.

The VSC is a Trust and is constituted to do the same thing. So what is the point of setting up a new body to do the same job.

LT and JR could join the VSC and stand for election. They could put their shares into giving supporters a direct say and more influence over club policy.

I don't know if the VSC have had discussions on this approach or why a new body is needed. Any suggestions?

The worst thing they could do is listen to the fans. Look what happened to Dr Who in the 80's when 'uber-fans' started writing the scripts....

[Sad-Rovers]

<a href="http://www.youtube.com/watch?v=7Gd5SXN-YDc" target="_blank">http://www.youtube.com/watch?v=7Gd5SXN-YDc</a>

[Wellred]

Keep taking the tablets Albie

[Mr1Croft]

The VSC is a supporters trust, this is not the same as mosts trusts...

The basic definition of a Supporters Trust is a democratic, not-for-profit organisation of supporters, committed to strengthening the voice for supporters in the decision making process at a club, and strengthening the links between the club and the community it serves. Although in some ways it may look like a charity, and has the name 'trust', it is not a charitable organisation and what we would normally consider a trust.

[wesisback]

<a href="http://www.youtube.com/watch?v=7Gd5SXN-YDc" target="_blank">http://www.youtube.com/watch?v=7Gd5SXN-YDc</a>

I'd have gone for 'Send in the clowns'

[PDX_Rover]

Trust is a funny word.

[rovinrover52]

Perhaps they want someone who they can TRUST

[Tokyos Boot]

It would be a great thing. Come one, come all.

[albie]

Thanks Mr Croft, we now have an answer to my OP.

Looks like what we have on offer is a hybrid;

Reward Based Crowdfunding:
"Investors receive no financial return but are instead awarded a tangible “perk” in the form of an item or service as a thank you for their funds. In most cases, the reward will be the product that the entrepreneur is trying to launch – a clever way of getting the item to market, although it also works in the service sector where a company may offer a discount voucher for example.  The big plus for the entrepreneur is that you don’t have to give away equity or repay the debt"

This trust is basically donation based, with a minimal equity share carrot thrown in as a loss leader.

The offer of "up to 5%" shareholding is symbolic, because 5% gives no real powers over the company.

It still leaves the thought that this one off crowdfunding could have been sought through the existing VSC trust, provided the objectives were in keeping with Trust aims.

Trouble is, a one off project booster will not continue to pay the bills. What then?

[hoolahoop]

A "new body" is needed because a) There are a significant amount of sycophantic Rovers supporters who pray at the altar of JR each night.
B) Because the "great man" took umbrage at other supporters groups who did not always share his point of view and bend to his will.
Put bluntly JR seeks to nullify the very group heavily involved in saving the club with him in the " dark years".

Strange and undemocratic way to start your tenure isn't it .......to seek to remove/render useless an organisation already focussed on keeping the checks and balances on the new regime . To seek revenge for a previous hindrance to his "madcap" schemes.

Here you are loyal subjects of JR you have your desired future built once again on a foundation of sand !! IMO you will regret it......

[DRNaith]

"....to manage their input and resources."

Ha!

To give them money and be bluffed with "insight"

But this isn't the same as the forum where you have to become a member to contribute is it?

[Wellred]

A "new body" is needed because a) There are a significant amount of sycophantic Rovers supporters who pray at the altar of JR each night.
B) Because the "great man" took umbrage at other supporters groups who did not always share his point of view and bend to his will.
Put bluntly JR seeks to nullify the very group heavily involved in saving the club with him in the " dark years".

Strange and undemocratic way to start your tenure isn't it .......to seek to remove/render useless an organisation already focussed on keeping the checks and balances on the new regime . To seek revenge for a previous hindrance to his "madcap" schemes.

Here you are loyal subjects of JR you have your desired future built once again on a foundation of sand !! IMO you will regret it......

Would that be a church or a cathedral? You know, the ones with two altars. One for JR and one for TB?

[RobTheRover]

I wish folks wouldnt make this about the people involved.  Its not a shootout between JR and TB/DW.  Nobody has to be in one "corner" or the other.  All of them have been instrumental in getting us to where we are and I, for one, am grateful to them all for their necessary intervention.

The next chapter hasnt been written yet, and it can go one of two ways.  As a body of people who invest financially and emotionally in the club surely we all want the same thing?  A successful club to support.

[DonnyBazR0ver]

Quite right Rob. We've all invested our emotional attachment over years and as long as I can remember back to the 60's, for the most part it's been about football.

10 of us have met up tonight for the first time after the groundbreaking takeover and discussed the merits with another 1/2 dozen casuals and we all came to the same conclusion. Where's the 'football'?

Of the 10 fans, 4 of us are season ticket holders and we will be politely asking the club if we can have a refund of our season ticket money. We know we will probably be politely declined. Going to a circus can be entertaining for the first time but after that, it gets a bit repetitive when the same ringmaster announces a world class show, and you end up being disappointed when the ringmaster turns out to be the show.

We'll not be noticed but who cares as long as the Big Top rises every Saturday afternoon and the ringmaster tells you it's a world class show.

Give us a nudge when the football comes back,
 

 



 

[Wellred]

Quite right Rob. We've all invested our emotional attachment over years and as long as I can remember back to the 60's, for the most part it's been about football.

10 of us have met up tonight for the first time after the groundbreaking takeover and discussed the merits with another 1/2 dozen casuals and we all came to the same conclusion. Where's the 'football'?

Of the 10 fans, 4 of us are season ticket holders and we will be politely asking the club if we can have a refund of our season ticket money. We know we will probably be politely declined. Going to a circus can be entertaining for the first time but after that, it gets a bit repetitive when the same ringmaster announces a world class show, and you end up being disappointed when the ringmaster turns out to be the show.

We'll not be noticed but who cares as long as the Big Top rises every Saturday afternoon and the ringmaster tells you it's a world class show.

Give us a nudge when the football comes back,
 

 



 

Yes we are all allowed our opinions and they are many and varied, I do believe that one to be the most childish post in a long long time.
Did you meet up in a kindergarten?

[The Red Baron]

I don't remember it being much about the "football" back in the 90s, TBH. It was usually about whether we would have a club to support in the future or about what Uncle Ken and his sock-puppet were up to.

Of course, we didn't have internet forums and social media in those days.

[GazLaz]

Quite right Rob. We've all invested our emotional attachment over years and as long as I can remember back to the 60's, for the most part it's been about football.

10 of us have met up tonight for the first time after the groundbreaking takeover and discussed the merits with another 1/2 dozen casuals and we all came to the same conclusion. Where's the 'football'?

Of the 10 fans, 4 of us are season ticket holders and we will be politely asking the club if we can have a refund of our season ticket money. We know we will probably be politely declined. Going to a circus can be entertaining for the first time but after that, it gets a bit repetitive when the same ringmaster announces a world class show, and you end up being disappointed when the ringmaster turns out to be the show.

We'll not be noticed but who cares as long as the Big Top rises every Saturday afternoon and the ringmaster tells you it's a world class show.

Give us a nudge when the football comes back,
 

 



 

Worst post I've ever seen on here.

[the vicar]

how can you call your self a true fan with thoughts like that? what is the difference in doing this or doing a share issue only that it has been put to a far bigger audience

[Savvy]

Can't blame JR for looking at an alternative vehicle to get the media message across really. After the way he was vilified by some on this forum it's hardly surprising now is it?

On a brighter note, it may make the movers and shakers on this forum look at a change of prospective. The old saying is that the worse thing that can happen to a company/organisation is a lack of competition.

The forum will probably have to look at re-inventing itself if it doesn't want to become half a dozen people talking amongst themselves.

[wilts rover]

Savvy, this forum has always had competition. There are were 4 other forums (fora?) on the go to my knowledge before this new one sprang up. Plus the 606 one and facebook group. What this forum could do with is to lose the disruptive trolling element, people who make up facts to cause disruption and arguments.

I hope the new one and the new group do well, it will of course depend on the people who are in it.

[Savvy]

Savvy, this forum has always had competition. There are were 4 other forums (fora?) on the go to my knowledge before this new one sprang up. Plus the 606 one and facebook group. What this forum could do with is to lose the disruptive trolling element, people who make up facts to cause disruption and arguments.

I hope the new one and the new group do well, it will of course depend on the people who are in it.

Time will tell then I guess!

[RedJ]

how can you call your self a true fan with thoughts like that? what is the difference in doing this or doing a share issue only that it has been put to a far bigger audience

So because someone has an opinion different to you, they aren't a true fan. Got it.

[bfdoncaster west]

 can you buy shares in the New Trust

[RedJ]

No, you've already been told no elsewhere...

[the vicar]

Yes you can if you pledge money it is buying shares as people in the trust will have a 5% stake in the club

[Muttley]

How exactly will the TR trust "enable the club's supporters to obtain direct ownership of up to 5% of Doncaster Rovers"?

What is the value of 5%?