Former CTFC chairman backs the Robins Trust

[RobinsTrustChair]

Afternoon all,

Some news to share from the Robins Trust, regarding the acquisition of more than 150,000 Cheltenham Town shares from former chairman Paul Baker.

Full story here: https://www.robinstrust.org/posts/forme ... ins-trust/

[Ihearye]

Good news

[asl]

Wow - that's excellent.

[Fuller]

Well done PB and the Trust.

[andgarod]

hmm it will all be in the detail

Baker was never keen for the trust although it did start while he was chairman
He said a place on the board was £100000 but when the trust had £200000 approx (thank you Bryan Jacobs) the price went up to £200000
Bakers influence might be declining but the current chairman and him are still very good friends

[RobinsTrustChair]

Disagree, Andgarod.

Paul was a champion and a supporter of the Trust from Day One.

Regarding Bryan's legacy, we put three options to the membership. One of those was to invest nothing, one was to make a £100,000 investment, and the final was to make the £200,000 investment.

As it came at a time when the club was relegated out of the League, it was vital to give the club as much financial assistance as it could. That money, as Paul will I am sure say himself, was crucial in bouncing back to the Football League at the first time of asking.

Paul's place in CTFC's history is secured - it was so before this. He could have chosen an alternative route. That he didn't, and chose to work with supporters, is a mark of the man, IMO.

[1985CTFC]

Acquisition or 150,000 shares, does that mean just a transfer of ownership of the shares or the Trust had to purchase them?

[Robin]

This sounds to me like the trust have bought the shares at a discounted rate from Mr Baker, was there no option of a rights issue so the money went into the club?

[andgarod]

Disagree, Andgarod.

Paul was a champion and a supporter of the Trust from Day One.

Regarding Bryan's legacy, we put three options to the membership. One of those was to invest nothing, one was to make a £100,000 investment, and the final was to make the £200,000 investment.

As it came at a time when the club was relegated out of the League, it was vital to give the club as much financial assistance as it could. That money, as Paul will I am sure say himself, was crucial in bouncing back to the Football League at the first time of asking.

Paul's place in CTFC's history is secured - it was so before this. He could have chosen an alternative route. That he didn't, and chose to work with supporters, is a mark of the man, IMO.

That was not my exact memory
I sat next to a friend (no longer with us) who asked ( I think Baker) why it had suddenly gone from £100K to £200K to get a FED.
I agree there were options but the club chairman said the only option for an FED was £200K

[Jerry St Clair]

Brilliant news. Well done to everyone in the Trust. I'm sure loads of unseen work went on in the background to get this over the line. Exactly the sort of fan commitment that makes football what it is in this country. Terrific.

[Horteng]

Is this PB backing out of the club?

[asl]

Is this PB backing out of the club?

Funny, I've wondered that a couple of times when I noticed Baker's Mobile Home Insurance (or whatever the company name was) no longer has an advertising board on the PRE. Maybe it's just moved and I haven't spotted the new one. Maybe that doesn't mean anything. Maybe we're just idly speculating...

[Si Robin]

He still has a 10% sharing I think.

[Fuller]

Is this PB backing out of the club?

Statement says PB still owns 10% of shares in CTFC. He remains a substantial shareholder of our club.
I own about 0.01%

[plymrob]

I see no wrong here - and having met the man once on the terrace at Exeter in the rain... I'm only thinking fair minded and hopefully of positive things. There have been a few Trust shares (and not Cheltenham) issues in the past...

Well done all.

[plymrob]

"That survey saw 64% of respondents rate the current cycling provision as either poor or very poor.
That led to a working party of the Trust board to carry out in-depth research because nearly four in five (79%) said that improved provision would make them at least consider cycling to games."

Malabus' numerous votes clearing driving this... but still all good for me. Still a long way to cycle form Plymouth - but the covered bike rack will now give me the incentive.

[bigdavejambo]

Is this PB backing out of the club?

i dont think anybody can criticise PB and his contribution to CTFC. Like everybody else he is getting older and probably wants to relax and enjoy time with his family without the 24-7 stress that no doubt CTFC will give him.

[horlickfanclub]

Why assume motives when they are explained clearly by Mr Baker?

[Robin]

Is this PB backing out of the club?

i dont think anybody can criticise PB and his contribution to CTFC. Like everybody else he is getting older and probably wants to relax and enjoy time with his family without the 24-7 stress that no doubt CTFC will give him.

That's a weird response he hasn't been chairman now for a number of years but his best mate is the new chaiman and the speculation is he still pulls those strings.

[horlickfanclub]

Speculation by who and why?

[Shade]

No corner of the internet is safe from the numerous wild conspiracy theories.

Report: Man does something good for fans of the football club that he served incredibly well for a couple of decades as chairman.

Fans: WHAT'S HE UP TO??? HE'S ONE OF THE LIZARD PEOPLE!

[leohoenig]

https://x.com/robinstrust/status/177437 ... 33747?s=20

A chance to have a quick chat with some of the Trust board, (I can't make it)
Questions, Ideas, Suggestions?
Come and say Hello