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NW Crusaders takeover...

Pen-Y-Bont Crusader
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Futtocks

Futtocks

Posted
Posted
3 minutes ago, Pen-Y-Bont Crusader said:

Thoughts ?

Details?

Links?

Let me never fall into the vulgar mistake of dreaming that I am persecuted whenever I am contradicted.
Ralph Waldo Emerson

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Toby Chopra

Toby Chopra

Posted
Posted

Hard to see any downsides given the position of the club currently.

Will they try to find a way back to Wrexham where there's more population and closer for travelling fans, or stick at Colwyn Bay?

The announcement seemed silent on that point. Are there any other potential stadiums in North Wales?

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The Hallucinating Goose

The Hallucinating Goose

Posted
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1 hour ago, Toby Chopra said:

Hard to see any downsides given the position of the club currently.

Will they try to find a way back to Wrexham where there's more population and closer for travelling fans, or stick at Colwyn Bay?

The announcement seemed silent on that point. Are there any other potential stadiums in North Wales?

A lot of the Welsh football clubs are based in North Wales but they don't have the biggest grounds. I think they tend to be around 2,500-3,000 capacity which would be fine for them in the Championship I guess but then they'd have to find somewhere else for the SL should they get that far, and of course if they keep moving around they can't build a foundation and gain some momentum in one place. They need to decide on a home and stay there. Problem with that of course is if they are tenants of someone else then they could get kicked out at any time.

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RayCee

RayCee

Posted
Posted

I've occasionally commented here RL needs to get new investors on board so well done NWC, providing it gets the green light. I can't see why not.

Hopefully, this won't be the last. Perhaps on the back of this initiative, other potential investors will consider doing the same.

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Hopie

Hopie

Posted
Posted (edited)

Not really sure how much money they are getting or what they are going to spend it on.

Setting up clubs in areas is fair enough but without a structure to get people playing and watching it usually fails, hopefully the investment can be directed in that way.

Edited by Hopie
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Tommygilf

Tommygilf

Posted
Posted
6 minutes ago, Leyther_Matt said:

Crypto is a massive alarm bell, surely. 

Agreed definitely.

That said didn't someone post on here that the club would be self sufficient if it had an extra £10k of investment? The sums aren't huge.

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Damien

Damien

Posted
Posted (edited)

This all sounds very promising anyway:

Open Letter From Andy Moulsdale, CEO


On the back of this evenings statement, North Wales Crusaders CEO, Andy Moulsdale, would like to share the following open letter to our supporters.

I’m sure that you’ll have seen the news by now regarding the club reaching an agreement with Elkaleh LLC for the group to purchase a majority shareholding of the club pending approval from the Rugby Football League.

I thought it an important time to write to you all to provide some background to the move and the reasons for us to all be excited.

On the back of the release of our appeal a few weeks ago, we were approached by Jamie who expressed an interest in taking a majority share of the club and developing us across every area both on and off the field.

Following full RFL approval in the coming weeks, you shall all have the opportunity to meet and hear from Jamie and his family, as they share with you their vision and passion for the journey which they want to take the club on.

Having been personally affected by the poor ownership prior to my tenure as CEO, I can assure you that detailed conversations have taken place in addition to appropriate due diligence undertaken to ensure that this great club shall be in very safe hands moving forward.

As for the day-to-day running of the club, whilst changes shall happen, the regular faces, myself included, shall remain in roles under the new ownership structure.

Times have been hard of late, but it’s of great testimony to you as supporters that we stand in a position today whereby someone would want to come in and invest in the club to take it to the next level.

That thanks extends to our incredible volunteers, and also the assistance of the supporters trust in years gone by, in addition to each and everyone of you who generously donated to our BackTheCru appeal. 

Short-term, the support and generosity shown by our fans and the rugby community was invaluable to the club.

Whilst more information and plans shall be made public following RFL approval of the deal, all that’s left for me to do is provide a warm welcome to Elkaleh LLC, and encourage the public of North Wales to get behind the club as we begin what’s set to be an exciting journey moving forward. This a massive opportunity to for the club and Welsh rugby league in general. 

I look forward to seeing you all at Stadiwm CSM on Saturday evening when we welcome Oldham to Colwyn Bay.

https://www.nwcrusaders.co.uk/post/open-letter-from-andy-moulsdale-ceo

Edited by Damien
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gogledd

gogledd

Posted
Posted

I spoke to three of the Directors today and they were all very positive about the buyout.

 

Personally, I'm waiting for the RFL to approve the deal, then for the fans forum to actually meet the new owner/investor. Sound like hes got a background with various RL clubs so I'm hopeful that this will see North Wales Crusaders flourish in the coming years.

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Leyther_Matt

Leyther_Matt

Posted
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22 minutes ago, gogledd said:

I spoke to three of the Directors today and they were all very positive about the buyout.

 

Personally, I'm waiting for the RFL to approve the deal, then for the fans forum to actually meet the new owner/investor. Sound like hes got a background with various RL clubs so I'm hopeful that this will see North Wales Crusaders flourish in the coming years.

He’s been involved in performance analysis at Hull KR and Salford if memory serves me right and some low level involvement at Warrington. Certainly nothing relevant to the financial side which is ultimately the big question. 

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Les Tonks Sidestep

Les Tonks Sidestep

Posted
Posted
5 hours ago, Leyther_Matt said:

Crypto is a massive alarm bell, surely. 

That and if you Google Elkaleh LLC or Jamie Elkaleh the only things that come up are the Crusaders take over and J3M GLOBAL SERVICES LIMITED which was dissolved in 2016 without filing any accounts. 

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Guest

Guest

Posted
Posted

hope it works out for them, crypto and NFT doesn't fill me with positivity but at least he's an RL person so fingers crossed.

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  • 2 weeks later...
gogledd

gogledd

Posted
Posted

Seems the takeover has been approved by the RFL

 

https://www.nwcrusaders.co.uk/post/statement-elkaleh-takeover-approved-by-rfl

 

Message from the new boss:

“We now enter an exciting time for the club as a whole with plenty of positive stories to follow, and I look forward to meeting you all very soon.

“This club means so much to all of us, I’m excited to embark on a journey together and bring success back to North Wales Crusaders as just reward for the hard work and dedication which you’ve all shown.”

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Damien

Damien

Posted
Posted
4 hours ago, gogledd said:

Seems the takeover has been approved by the RFL

 

https://www.nwcrusaders.co.uk/post/statement-elkaleh-takeover-approved-by-rfl

 

Message from the new boss:

“We now enter an exciting time for the club as a whole with plenty 9 positive stories to follow, and I look forward to meeting you all very soon.

“This club means so much to all of us, I’m excited to embark on a journey together and bring success back to North Wales Crusaders as just reward for the hard work and dedication which you’ve all shown.”

Hopefully NW Crusaders can build onwards and upwards from this. 

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