TU Fans Ltd join the TUST

I normally just read this forum and others, and do not normally post but and I have to say this is the first sensible thing I have heard from the TU Fans Ltd.

My understanding is regardless of how much money you put in to a community share purchase (£1 or £100000)the rules are the same, one share, one vote. If the TUST (the supporters) do get the opportunity to purchase Plainmoor and TU Fans Ltd put in £100000 to gain one share and one vote then it will show they are genuine supporters.

We shall wait and see.

good to see all as one. dont you think.

Hi and welcome to this forum if only to generally lurk!

Fully agree with your first post.

Hello rjdgull x

I would love to see Torquay fans own the club but it is difficult to see this being financially viable. For example if we all kicked in 250 quid how much would that raise? Can't imagine it would be enough to sustain the club. Equally difficult to imagine many fans having more than 250 quid to invest. ...there is certainly not going to be a financial reward from the "investment ".Am I missing something here?

Please don't put my name in capitals. I don't do that with you. Still having problems with full stops and capitals then but you manage to do it with my name. Strange! Three or four different poster names on here now saying the same sort of thing (although I am sure you would realise Mr Bay 52 yours never make any sense - deliberate I believe). I think it is incredible you want to invade the least read forum and yet you have registered on the others but don't post. Weird probably isn't the right word for it, but it will do for me!

A good idea in principle but TUST will only buy the Freehold while TUFC hold the long lease with a ground rent of 15k. Why? Well land value fluctuates according to the use it can be put to. Presently it is locked into a football use and therefore the freehold value will be based on capitalising the rental return. So say a 5% return equates to a freehold valuation of 300k.

Here is the nub. What if GI as Tufc owners agree a surrender of the leasehold interest as part of a deal maybe with a planning permission change? The freehold rockets and prices community groups out of the market place. All sorts of possibilities then open up for GI.

Questions to be asked are:

1) Will we even get another stadium built? GI record says no!

2) If we do how will it compare to Plainmoor?

3) if a new stadium opens up new revenue streams as DT aludes to then will Tufc benefit?

We really need 3 yes answers but I fear it will be all in the negative. Personally would not touch GI with a barge pole. No communications until it is a done deal to allay fans concerns suggest something not quite right.

Think we are doomed. Please don't do it TUFC directors....