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Big Doug

Hornets Shares Held By The RFL

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I was told at the game against Leigh on Sunday that Rochdale Football Club is having a meeting with the Rugby Football League. The purpose of the meeting is to explore the possibility of buying the Hornets shares back from the RFL.

While this could be just an unfounded rumour it could also potentially be a disastrous event for the future of Hornets if true. It is hard to believe that they would not be purchasing the shares with our best interests at heart.

We need to know the validity of this rumour as soon as possible. I was under the impression that the two clubs were working together better than at any time in the past. I would like to think that was true and would continue to strengthen.

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I was told at the game against Leigh on Sunday that Rochdale Football Club is having a meeting with the Rugby Football League. The purpose of the meeting is to explore the possibility of buying the Hornets shares back from the RFL.

While this could be just an unfounded rumour it could also potentially be a disastrous event for the future of Hornets if true. It is hard to believe that they would not be purchasing the shares with our best interests at heart.

We need to know the validity of this rumour as soon as possible. I was under the impression that the two clubs were working together better than at any time in the past. I would like to think that was true and would continue to strengthen.

By "the shares" you mean the shares in Spotland Stadium that were held by the old Rochdale Hornets not the Co-op?

 

I can't see it being true, I've been told that the RFL value the shares on their balance sheet in the millions of pounds. I doubt that Hornets the co-op could pay the RFL's valuation and for the RFL to sell them to the co-op for the £50,000 it cost would adversely affect the RFL's valuation of the RFL.

 

And to be honest I don't think Hornets even afford £50,000 even if it was offered.

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I know the RFL board are stupid but I'd be surprised if they were that stupid Doug. It would be tantamount to closing Hornets down if the shares were sold to the football club. We had a very close shave before we formed the Co-op. Anybody who thinks the football club have our best interests at heart isn't dealing with a full deck.

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I know the RFL board are stupid but I'd be surprised if they were that stupid Doug. It would be tantamount to closing Hornets down if the shares were sold to the football club. We had a very close shave before we formed the Co-op. Anybody who thinks the football club have our best interests at heart isn't dealing with a full deck.

 

If they're offered enough money Tyrone they'll take it, I suspect there'll be a covenant that Hornets will get a 10 year lease that'll increases with inflation every time it's renewed or something similar.

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I'm right with Tyrone on this one!!  The RFL would find that the quickest way to reduce the number of clubs by one.  Yeah, course they would have to offer us a lease and you can bet your life it would rocket at the earliest opportunity o one we had absolutely no chance of affording.

 

I like Dale and really want them to taste success again this season, I follow the games on the BBC website but you only have to take a quick look at decisions by the Dale board to see they are desperately short of cash.  Like giving Hogan, their top scorer and second in the division chance to leave in January?!?!?!?  Which sodding idiot believes that is going to help with their promotion chances???

 

Pugwash.

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If they're offered enough money Tyrone they'll take it, I suspect there'll be a covenant that Hornets will get a 10 year lease that'll increases with inflation every time it's renewed or something similar.

We'd be crazy to take their word, verbal or in writing Puggy. There's a significant faction at the football club that would like Hornets to go out of business.

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Doesn't the club have friends in high places at the council and doesn't the agreement state that shares of one party can only be transferred 

 or sold with the agreement of the other parties?  If so both the RFL and the council would have to agree to The RFL shares being bought by the Dale.

 

However that implies that the Dale agreed to the RFL taking over the shares of the old Rochdale Hornets, which seems unlikely.   So maybe what we were told about the agreement was not strictly true.

 

Anybody on here know the truth about the Stadium agreement?

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It's a done deal. BBC radio confirmed it this afternoon.

That leads to many questions.

Did the RFL inform Hornets of the proposal to by by Richdale AFC and if they did why were the members of Rochdale Hornets not informed.

If the RFL did not inform Hornets. Why not?

What involvement have the council had in all this.

We seriously need to know the answers to these questions now.

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That link takes me around in circles Doug, if it's true the RFL has cut our throats for a few quid. I'm disgusted.

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I wouldnt necessarily believe the BBC. I'd imagine they are misreporting Dale's take on it from this morning, unless they are privy to information not previously announced. The information in the statement put out by Dale today is eleven days old anyway, after the initial question was asked at the AGM on Thurs 27th March.

 

I can understand concern on here, but its neither in the RFL's or our interest to see Hornets play somewhere other than Spotland. This year has shown that a properly maintained pitch can accommodate both teams, and the rent paid by a tenant will only help the running of the ground. Yes, we will be acting in the best interest of ourselves, but it would not be in the best interest of ourselves to price you out, and leave ourselves without a tennant to help with the bills.

 

I'm sure the RFL would love nothing more than to sell the shares to Hornets, but its plainly obvious that Hornets will not be in a position to pay for the shares or to take on board their share of the £680,000 debt that currently stands within the Stadium Company, and more than anything, the RFL will not want to have to find the funds t pay their share of that debt that will be called in within the next few years.

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Not a done deal yet, I heard the report on Manchester Radio twice this afternoon, but they only said, "Had made an offer". So we will have to wait and see how fickle the RFL can be. But the quote from Dales statement I think says it all, " Secure Spotland so the Football Club can be there for the next 100 years, oh and by the way we will give Hornets a lease.

 

ON NO ACCOUNT SHOULD OUR BOARD AGREE FOR THE RFL TO SELL THE SHARES.

 

Amazing how this has reared its head now Hilly is back.

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Would your board have any say in the matter?

Given the fact that we are able to put pressure on the RFL board yes we have. This year we have seen a great revival in the fortunes of our club after twenty years of decline. Would the RFL want the demise of an ancient club on their conscience especially at this moment in time ? Somehow I can't see it.

I don't trust any representative of the football club regarding this issue. Coldale's response is typical, if you believe that you'll believe anything.

We need to lobby our elected board members to pressure the RFL. If they are thinking of stabbing us in the back they need to think again.

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Not a done deal yet, I heard the report on Manchester Radio twice this afternoon, but they only said, "Had made an offer". So we will have to wait and see how fickle the RFL can be. But the quote from Dales statement I think says it all, " Secure Spotland so the Football Club can be there for the next 100 years, oh and by the way we will give Hornets a lease.

 

ON NO ACCOUNT SHOULD OUR BOARD AGREE FOR THE RFL TO SELL THE SHARES.

 

Amazing how this has reared its head now Hilly is back.

Mm, a bit of success and look what happens. I can remember when they played in Bolton's kit and their nickname was " The White Mice ".

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Stadium Company/Council underwritten £670k debt and rising, breakdown of which is?

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This is such an important matter that a response to its members from the board of Hornets is esential. An emergency meeting of the members is required as a minimum in my opinion.

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Not a done deal yet, I heard the report on Manchester Radio twice this afternoon, but they only said, "Had made an offer". So we will have to wait and see how fickle the RFL can be. But the quote from Dales statement I think says it all, " Secure Spotland so the Football Club can be there for the next 100 years, oh and by the way we will give Hornets a lease.
 
ON NO ACCOUNT SHOULD OUR BOARD AGREE FOR THE RFL TO SELL THE SHARES

 

I am a supporter of both the Football Club and the Rugby Club. I want them both to survive and blossom using Spotland Stadium. However I feel that I am in a minority so far as the Football Club and Fan is concerned.

 

If the current debt of the Stadium is £670k I would be amazed if the Football club are prepared to take that figure on in a grand takeover. I would also be very very concerned as to the continued presence of Hornets at Spotland with the Football Club as a landlord.

 

If the pitch is now able to sustain Football and Rugby how come that we still have to play away for six matches on the trot around the month of June. We are currently tolerated by the Football cub but with a change in ownership we would be doomed.

 

I am concerned that we have had nothing but silence from the Hornets Board on this absolutely crucial situation.

 

The offer to the RFL by the Football Club may only be an offer but HORNETS SHOULD BE ADDRESSING THIS HERE AND NOW.

 

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First lets get the 'disallowed try' issue sorted out. From the decision he obviously saw the original Leigh knock on and then one of our players did the same hence no try and Hornets head & feed.

Now the performance. I was proud to be a Hornet today as we went behind twice but never gave in. We kept battling and at times we were the better team but there was that underlying fear that Leigh would start to hit the straps again. Leigh were bigger and faster but Hornets were not going to be cowed and stood up to them.

As I sat in reception waiting for my taxi home their was a steady stream of people coming through who all showed their appreciation and praised the game we had just produced. There is little doubt that Leigh will be in the top 3 this season and to say we've caused them problems two weeks in a row.

Ian Talbot must be a very proud man tonight.

Now to the next group of games and if we can put some more points on the board who knows what we can do by theseason end.

Pugwash.

I agree with that Doug. This issue needs addressing promptly. We need to make clear to the RFL that if they make any deal with the football club re the shares they are in effect signing our death warrant.

It sounds to me like they're not aware of the real situation at the stadium, they need putting in the picture.

Sorry Puggy, I've inadvertently copied in your previous post.

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I agree with Col,why would anybody in their right mind kick out people who help to keep the company afloat? It`s not like renting a house is it? Hornets,or some other football team of any code,can only be the ones to come in as a tenant. Ground sharing is the only sensible way to go these days.

How the Stadium company is 670,000 pounds in debt is anybody`s guess,but it must be being managed by somebody and it`s not as if the business is haemorrhaging a million a month like Leeds United are reportedly doing.

Chris Dunphy has worked miracles for Dale on a breadline income,they`re on the cusp of a second promotion in five years,so I can`t see why he`d put more pressure on Dale`s finances by booting Hornets out.

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This is such an important matter that a response to its members from the board of Hornets is esential. An emergency meeting of the members is required as a minimum in my opinion.

 

Doug, all members have received an email from the office, check your inbox.

 

Kind Regards

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I agree with Col,why would anybody in their right mind kick out people who help to keep the company afloat? It`s not like renting a house is it? Hornets,or some other football team of any code,can only be the ones to come in as a tenant. Ground sharing is the only sensible way to go these days.

How the Stadium company is 670,000 pounds in debt is anybody`s guess,but it must be being managed by somebody and it`s not as if the business is haemorrhaging a million a month like Leeds United are reportedly doing.

Chris Dunphy has worked miracles for Dale on a breadline income,they`re on the cusp of a second promotion in five years,so I can`t see why he`d put more pressure on Dale`s finances by booting Hornets out.

Sorry Dave but you've been too far away for too long to have a realistic grasp of the situation. If this comes to fruition Hornets will eventually be forced out of the ground and probably out of existence. Most football club fans would be prepared to take the financial hit to remove Hornets from the scene.

You only have to read the rantings on the football club message board to see the level of antagonism against our club.

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