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Post by Auldnick on Jun 14, 2015 9:37:56 GMT 1
According to the Courier article, Ford has 40% & 3 others have 20% each....which seems to suggest that the trust has none.
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Post by toplion on Jun 14, 2015 10:51:04 GMT 1
Come on Auldnick
They are talking about Livi5 shareholding not Livi FC
#keepup
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Post by theflashingblade on Jun 14, 2015 14:22:14 GMT 1
The trust has received three tranches of shares. The first tranche was 12,000 shares in 2007 and predates the £50,000 above The second tranche was 30,000 shares (noted on the 2012 annual return for the club, where the shareholding of the trust increased from 12,000 to 42,000) The third tranche was 20,000 shares (noted on the 2013 annual return, where the shareholding of the trust increased from 42,000 to 62,000) Unless I'm mistaken (which I very well might be) Rankine disputed the payment of £50k and any associated share ownership by the Trust at a fans forum, did he not? I'm sure he alleged that he was not party to a deal struck by Gordon McDougall, Ged Nixon and the Trust to transfer shares to the Trust and as the majority shareholder (at that time) declared the transaction null and void. A lad on the Trust board had a bit of a heated discussion with rankine in front of everybody about this at the fans forum. So does the Trust have 50k worth of shares or not? Is there a share certificate, or bunch of share certificates to show the Trust is owner of the shares? Or at least a receipt for the payment to the club, or Livi5, or Gordon McDougall/Ged Nixon of 50k. What are the shares in? Livi FC or Livi 5? Were the Trust offered shares by Rankine when he was looking to offload them, or at least as shareholders, party to the discussions that took place between Rankine, Ford and the other two guys? |
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Post by orco on Jun 14, 2015 14:40:46 GMT 1
The Trust has 62k shares in Livingston FC. Rankine did not dispute this. A look at the 2013 Annual Return lodged at Companies House will verify this for you.
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Post by Auldnick on Jun 14, 2015 16:31:33 GMT 1
Come on Auldnick They are talking about Livi5 shareholding not Livi FC #keepup According to the Courier article they were talking about club shares... |
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Post by simoo561 on Jun 14, 2015 16:47:16 GMT 1
Some good ideas here about what the trust can do to better. Communication is key.
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Post by toplion on Jun 14, 2015 17:07:06 GMT 1
Come on Auldnick They are talking about Livi5 shareholding not Livi FC #keepup According to the Courier article they were talking about club shares... Dont always believe what you read in the paper. The Courier nor Gordon Ford have understood what they have bought. You can't just sell someone else's shares from under there feet. I believe there are. Lists of other smaller shareholders of LFC that is historical |
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Post by Auldnick on Jun 14, 2015 17:48:19 GMT 1
Ah...so are you suggesting that Gordon Ford is as thick as mince & therefore not fit to run the club?
And if the share percentages quoted are in Livi5....when did Gordon McDougall sell his?
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Post by toplion on Jun 14, 2015 18:45:36 GMT 1
Ah...so are you suggesting that Gordon Ford is as thick as mince & therefore not fit to run the club? And if the share percentages quoted are in Livi5....when did Gordon McDougall sell his? No thats your assertion from what I wrote. Given the shareholding makeup it can only be Livi5 they are talking about or another holding company that have the majority of LFC shares. I am am very surprised Rankine or Gordon McD didn't just donate there shares to the fans. Rankine has said before he would do that. |
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Post by Auldnick on Jun 14, 2015 19:08:34 GMT 1
I haven't asserted anything I'm asking you if that was what you were trying to suggest. After all you were saying he doesn't understand what he has bought...sounds like you don't think he knows what he is doing.
Also, if it can only be Livi5 shares, I ask again, when did GMcD get rid of his? I was under the impression he had 20% along with Nixon's 20% while Wilson had 10% & Rankine 50%...Now, from what you are saying it seems to be Ford 40% & 20% each to Hogarth, the other fella whose name escapes me at the moment & Nixon....that means McDougal & Wilson must have got rid of theirs & that would suggest McDougal did so willingly rather than being forced out?
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Post by toplion on Jun 14, 2015 19:41:30 GMT 1
I am not suggesting anything about Ford.
As for the shareholding it gets more intriguing by the minute. I see from the public records that Carolyn Summers directorship in LFC was terminated on 12th June, but Mr Robert Wilson was reinstated (on the same day). As it currently stand Gordon McD is still a director of LFC along with Wilson & Gemmell
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Post by liviman on Jun 14, 2015 20:32:54 GMT 1
The LFL Board must know having met club representatives last week.
Surprised there has been an air of silence from LFL since then given the discussion between fans. Even a note to say we've met the club we'll send more info out soon. Who are these people really representing themselves?
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Post by themonkey on Jun 15, 2015 20:14:53 GMT 1
I notice one of the current trust board members having a spat with another fan on Twitter
The pressure is getting to everyone
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Post by toplion on Jun 15, 2015 20:25:16 GMT 1
Minutes will be published on the trust website. They are still in the process of being typed up and uploaded Is it likely to be this month? |
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tjd
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Post by tjd on Jun 15, 2015 21:50:48 GMT 1
I would point out that the Trust only learned of the changes in shareholdings at Livi 5 late on Wednesday afternoon.
We had a detailed and constructive meeting with club accountant, current management of the club and one of the new shareholders at Livi 5 on Thursday evening where a range of issues were discussed. The importance of improved communication with the fans was stressed during the meeting and the representatives from the club seemed to take this on board. I believe the statement released by the club last night is a reflection of this. We have been in communication with the new owners since this meeting and are hoping to assist in organising a fans forum as soon as the signing ban is lifted.
I appreciate there are frustrations in uploading the minutes of the meetings but I would reiterate what was said at the AGM in March. The Trust board is filled by a small number of volunteers which means there can be delays. We are always open to new volunteers who want to take on an active role.
Minutes from both meetings will be posted on the Trust website ASAP but in the meantime, we are happy to answer any specifc questions.
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Post by toplion on Jun 15, 2015 21:57:28 GMT 1
Tommy thanks for the update.
Just one question
Can you at least name the people you met last week?
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tjd
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Post by tjd on Jun 16, 2015 8:44:47 GMT 1
Tommy thanks for the update. Just one question Can you at least name the people you met last week? Apologies - should have included it in the original post. From the club there was David Martindale, the accountant, David Brash and Neil Hogarth. I had hoped Gordon McDougall would have been there but with the meeting being rearranged, it coincided with him being out the country. Just as a heads up, the Trust is also planning on meeting with Gordon Ford. Date still to be confirmed but hopefully next week. |
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Post by durnford on Jun 16, 2015 9:28:16 GMT 1
Tommy thanks for the update. Just one question Can you at least name the people you met last week? Apologies - should have included it in the original post. From the club there was David Martindale, the accountant, David Brash and Neil Hogarth. I had hoped Gordon McDougall would have been there but with the meeting being rearranged, it coincided with him being out the country. Just as a heads up, the Trust is also planning on meeting with Gordon Ford. Date still to be confirmed but hopefully next week. Tommy David Martindale is the convicted class A drug dealer isn't he? Why is the trust dealing with him? For the record I'm going to be feeling pretty silly if this turns out to be true - I couldn't possibly believe that the club would be allowing such a person in a position of responsibility which seems to fly in the face of its own charter. |
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Post by toplion on Jun 16, 2015 11:28:13 GMT 1
Tommy thanks.
At least 2 if not all 3 of them have previously been connected to Rankine. No wonder the SFA are taking there time on lifting the embargo.
Wonder why Ford was not at the meeting.
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tjd
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Post by tjd on Jun 16, 2015 21:13:05 GMT 1
Apologies - should have included it in the original post. From the club there was David Martindale, the accountant, David Brash and Neil Hogarth. I had hoped Gordon McDougall would have been there but with the meeting being rearranged, it coincided with him being out the country. Just as a heads up, the Trust is also planning on meeting with Gordon Ford. Date still to be confirmed but hopefully next week. Tommy David Martindale is the convicted class A drug dealer isn't he? Why is the trust dealing with him? For the record I'm going to be feeling pretty silly if this turns out to be true - I couldn't possibly believe that the club would be allowing such a person in a position of responsibility which seems to fly in the face of its own charter. |
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tjd
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Post by tjd on Jun 16, 2015 21:36:48 GMT 1
Apologies - should have included it in the original post. From the club there was David Martindale, the accountant, David Brash and Neil Hogarth. I had hoped Gordon McDougall would have been there but with the meeting being rearranged, it coincided with him being out the country. Just as a heads up, the Trust is also planning on meeting with Gordon Ford. Date still to be confirmed but hopefully next week. Tommy David Martindale is the convicted class A drug dealer isn't he? Why is the trust dealing with him? For the record I'm going to be feeling pretty silly if this turns out to be true - I couldn't possibly believe that the club would be allowing such a person in a position of responsibility which seems to fly in the face of its own charter. Hi Durnford The Trust was dealing with the representative put forward by the club. Anything that may be in David's past is a matter between him and the club. |
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tjd
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Post by tjd on Jun 16, 2015 21:41:45 GMT 1
Tommy thanks. At least 2 if not all 3 of them have previously been connected to Rankine. No wonder the SFA are taking there time on lifting the embargo. Wonder why Ford was not at the meeting. Hi Toplion In relation to Gordon F not being at the meeting, there was nothing un-toward in it. Before the announcement of the change in ownership of Livi 5, the Trust was due to meet with a representative of the club ( confirmed to be David M a few days before the meeting ) and the accountant. This was rearranged from late May, where I would have hoped Gordon McD and Neil Rankine would have also been available. Neil Hogarth happened to be at the stadium when we arrived for the meeting and so was invited to join. I had been emailing Gordon F on the train through to Livi for the meeting so he was aware of the meeting. |
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Post by theflashingblade on Jun 16, 2015 22:06:04 GMT 1
What role does David Martindale occupy at Livingston FC? What is the name of 'the accountant'?
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Post by themonkey on Jun 16, 2015 22:39:38 GMT 1
If this bloke Martindale has paid money to be the guy running the show down at EAA, who has he paid this money to?
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Post by durnford on Jun 16, 2015 22:48:08 GMT 1
Tommy David Martindale is the convicted class A drug dealer isn't he? Why is the trust dealing with him? For the record I'm going to be feeling pretty silly if this turns out to be true - I couldn't possibly believe that the club would be allowing such a person in a position of responsibility which seems to fly in the face of its own charter. Hi Durnford The Trust was dealing with the representative put forward by the club. Anything that may be in David's past is a matter between him and the club. And presumably the relatives of the kids lives he ruined whilst supplying class A drugs at Hereiot Watt university? |
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