Understandably there are lots of questions at this very important time.

The Trust Board welcomes and encourages members to forward their questions. This will assist us in delivering the appropriate information to all members.

All questions are being collated and answers will be included in the information mailed out, together with the ballot papers. This gives members who do not have an email service, the opportunity to access the same information on which to base their decisions upon.

In an endeavour to keep members as informed as possible, information updates will also be shared via email etc. prior to the mail out.

May I thank you for all your questions via this forum, email and by telephone.


Regards
Glenn Rolley
Trust Chairman

Will wait until after the takeover for my questions, as frankly I no longer have any faith in the current Trust board. The last few months of bickering has been a disgrace to the club and no-one knows who is telling the truth anymore.

Exactly just how much is being invested?

Will any of the existing board members be on the new board after the takeover??

Oh, nearly forgot... Will the money invested in to Notts be a loan that will then be lumbered back on to the club??

Here's my question: will the other shareholders be giving their shares away too? Or are they selling them? Or keeping them?

If they keep them, they will, between them, hold a 40% stake in the club, which can't be satisfactory for the new owners, as the existing shareholders have no further funds to invest and will contribute little to justify a 40% stake in a future, bigger (hopefully) business.

So, that leads to question 2 (if still relevant after question 1). If the existing shreholders are not going to sell or give away their shares, will there be a further issue of shares offered to the new owners. If so, shouldn't this be done to coincide with the Trust giving up their shares?

These questions are important, I think, but I still fully support the takeover, for what it's worth.

Hi Glenn,

Perhaps you could ensure that the document contains an answer to these questions:

1) I understand that part of the Trust's shareholding was purchased using a loan from Haydn Green, which becomes repayable if the Trust offloads those shares. If the Trust is to "gift" its shares to the new investor, how will it repay the outstanding loan to Mr. Green's estate?

2) Who will be on the Club's Board, and what will be the management structure, after the proposed takeover?

3) Will the Trust retain any formal role in the running of the club if this deal goes through?

Martin.

1. Are any members of the Trust board benefitting as individuals from this proposed bid?

2. Given we (the Trust) own 60% of the club, what are we getting back in the way of guarantees for the future of the club once we gift the shares and write off the debts?

3. As I believe the people owning the other 40% of the club will not be gifting their shares (they are businessemen, why would they?), surely a better way of ensuring that the funds are put into the club would be to sell the Trust's 60% at the same price and then release the funds back to the club for investment?

quote:

Originally posted by Nick Baker:
3. As I believe the people owning the other 40% of the club will not be gifting their shares (they are businessemen, why would they?), surely a better way of ensuring that the funds are put into the club would be to sell the Trust's 60% at the same price and then release the funds back to the club for investment?

I think my original question maybe didn't make it clear what I wanted to know. I don't care if the directors are paid for their shares. For me, they are welcome to the small amount they are currently worth

What I do want to know, and I'm sure most people would if they considered it, is that the new owners will have complete control. If they only own 60% of the club, why should they pour millions in, just to see the 40% shareholders benefit?

Everyone seems to assume that the new owners will have a 100% shareholding, but no-one has explicitly stated this. As Nick Baker said (in a put down to me I think), they are businessmen. Too true Nick, so why wouldn't they try to capitalise on this situation and cling on to their shareholding. I have read that they 'support' the takeover, as well they might, but this is not the same as giving up their own stake.

So again, I ask, quite simply:

What will happen to the stake of the other existing shareholders?

i'm not really bothered about how much the shares are going for or if they other shareholding are going to sell theirs too but i would like to ask is more about this group.

i just going ask basic question like

1) how much money will be available for ian mcparland.

2) will the training ground still go head.

Surely any vote should be after receiving the Football League's prior sanction that they have agreed in principle to the potential "new owners" Fit and Proper Persons Test - and any other Football League rules and regulations being satisfied.

I am very concerned that the offer to exchange appears to be NOT conditional - Being devils advocate, the new owners might only invest 1p once the Trust have signed everything over?

Reiterating earlier posts:
How is the finance of the club being undertaken. Is it by loans - at what interest and terms / conditions? We do not want to fall back into administration again. We tested the FL's patience last time during administration, they may not be so accomodating next time, if it were to ever happen.


These questions should have been addressed before - were they not discussed at the Trust Board when the deal was being agreed in principle - and advised to Trust membership now.