Who would you really have, The Hairy Chested One, Or the Wonderful Owners we have at the moment?
SC and consortium of local people.
A consortium of local people prepared to take on the repayment of the DCMS loan. As that is not likely then we have to make do with what we have hoping that eventually it will become a community club.
Quote from: peter on April 19, 2026, 11:52:48 AMWho would you really have, The Hairy Chested One, Or the Wonderful Owners we have at the moment?
Just remind me how this came about.The amount invested in the club by TSI has not been disclosed and Cleeve told BBC Radio Norfolk: "That's how most companies conduct their business. I've often been a little bit too open but I've done that because that's how I am, but we're now in a situation where we move forward in a slightly different direction and that means things are a little more private."
He added: "I believe Turn and Joe will be great partners for the club. There will be a lot of interesting developments along the way, especially over the next few months as we get the whole thing moving.
"He's a very straightforward guy and not someone who has a huge board of directors and sits there and pontificates... there's a real interest in English football, a real interest in getting involved in it and obviously we know the guy at Salford [co-owner Peter Lim] is from Singapore.
I recon Cleve is just around the corner in all of this. And what have the Trust to say. Was the two or thee percent worth all the fuss and investment I am not a member but I would have expected to hear somthing from them. The club has got them just where they want them. Money for nothing, nothing, not a peep!
Peter my understanding is that any news from the Trust goes to members first so if you aren't a member and interested in what the Trust have to say maybe you should become a member. With regard to the Cleeve debate I'm sure he is still very interested in the Club but unless he's got a substantial amount of money he won't be returning. The DCMS loan is still around the 400k mark and going back as far as December 2023 he admitted to fans he did not have enough money for the Club to see out that season and needed to find an investor. So Cleeve brought TSI into the Club and they have basically funded the Club since. So the question is what do you think Cleeve can do ? buy out TSI and then what ?
Forgive me the point I am trying to make is that Cleve is Still "hovering" in the background.And as far as the Trust is concerned the whole idea put forward to those not members was that by buying into the club would give them some chance of making some difference at board level and to convey this to the general public making the club more inclusive. Has this money been wasted.
Interesting point of view and difficult to know what you mean by wasted. Investing in the Club by means of purchasing shares and becoming part owners is what a Trust is all about and after 15 years this has been the first opportunity to achieve that aim. If you mean wasted because it has been largely a disappointing season on field then the Trust view would presumably be that they are there for the long term. I would think Trust membership would be perfect for you as you could express your views to the Trust directors and get answers as other members do.
Quote from: fenlander on April 19, 2026, 02:11:36 PMQuote from: peter on April 19, 2026, 11:52:48 AMWho would you really have, The Hairy Chested One, Or the Wonderful Owners we have at the moment?
Just remind me how this came about.
The amount invested in the club by TSI has not been disclosed and Cleeve told BBC Radio Norfolk: "That's how most companies conduct their business. I've often been a little bit too open but I've done that because that's how I am, but we're now in a situation where we move forward in a slightly different direction and that means things are a little more private."
He added: "I believe Turn and Joe will be great partners for the club. There will be a lot of interesting developments along the way, especially over the next few months as we get the whole thing moving.
"He's a very straightforward guy and not someone who has a huge board of directors and sits there and pontificates... there's a real interest in English football, a real interest in getting involved in it and obviously we know the guy at Salford [co-owner Peter Lim] is from Singapore.
Exactly this.
I've seen plenty on other forms of media of people giving it to TSI with both barrels and at the same time starting a campaign to bring back SC. TSI are here because of one reason, and that reason is him.
I've also seen the phrase 'you don't know what you've got 'til it's gone'.... more a case of 'selective memory'
Investing money into something means getting something out of the investment.Can anyone explain to me what has been achieved by the Trusts investment. And dont tell me it is a foot in the door a foot in the door to what?
An investment is the allocation of resources—typically money, time, or effort—into an asset, project, or endeavor with the expectation of generating a profit, income, or appreciation in value over time. It involves accepting a degree of risk to secure a greater future return, such as buying stocks, real estate, or investing in education
Quote from: peter on April 23, 2026, 08:15:07 AMInvesting money into something means getting something out of the investment.Can anyone explain to me what has been achieved by the Trusts investment. And dont tell me it is a foot in the door a foot in the door to what?
Peter, as a Trust member (and I can only speak for myself), I have never thought of the Trust 'investing' in the club in financial terms ie getting a financial return, it is, in effect, a contribution to the club in the way a lot of good benefactors at our level buy shares in their clubs never expecting to be able to sell them on for a similar value. This was particularly the case with the 3% shareholding purchased last year which valued the club at just over £1m which I don't think even the most ardent fan thought was 'market rate'.
The Trust isn't one single minded entity so it is difficult to attribute why the membership voted in favour of the deal (there was no direction given by the Trust board) but having been to the earlier EGM, I think there was a feeling that it was a way to show support for the new TSI era with the hope that supporters could be more involved in the decision making at the club. Unfortunately, looking at where we are now, I don't think the wider supporter base has bought into the idea that the Trust is acting as their voice and the club has not really been any more open with the fans than the previous regime - much more work required on both fronts imo.
Thank you! This goes a little way to prove how difficult it would be to run a community football club in Kings Lynn.
Quote from: peter on April 23, 2026, 05:21:08 PMThank you! This goes a little way to prove how difficult it would be to run a community football club in Kings Lynn.
Yet many clubs elsewhere manage it at step 2, admittedly with varying degrees of success. I think what we have seen from SC and now TSI is how difficult it is to run a benefactor model club in King's Lynn without it following a familiar boom and bust pattern. Not saying either fan owned or benefactor model is always good or always bad and appreciate the capabilities of the individuals involved will also be a factor but the general rule is that fan run clubs tend to find their level whereas benefactor model clubs may have short term success followed by matching declines with clubs often worse off than before
Surely with both scenarios Tone it is all down to the knowledge and indeed ability of the individuals involved. We only have to look up the Road at Boston.