Martin jepson

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Re: Martin jepson

Post by Tigersbarmy » 04 Feb 2025, 21:48

I’ve been told jepson needs 5 investors all been asked to pump in 100k each. If jepson can’t get the 5 he’s going to wipe his hands with the money he’s invested and walk away from the club

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Re: Martin jepson

Post by sirocco7 » 04 Feb 2025, 22:55

Tigersbarmy wrote: 04 Feb 2025, 21:48 I’ve been told jepson needs 5 investors all been asked to pump in 100k each. If jepson can’t get the 5 he’s going to wipe his hands with the money he’s invested and walk away from the club
I don’t think that is true .

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Re: Martin jepson

Post by pat » 04 Feb 2025, 23:02

Hope not would be good to hear from Martin Jepson again to let us know what is happening.

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Re: Martin jepson

Post by Tamworth Tiger » 05 Feb 2025, 00:10

There’s no reason to believe that the club has made the ‘due diligence’ issue up and so what more is there to say at this stage? These processes often take longer than expected ( e.g. Salford’s miracle takeover)

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Re: Martin jepson

Post by Aldinga Tiger » 05 Feb 2025, 01:48

I'm sorry but that has got to be a load of rubbish. 500k would not even touch the sides for what we are needing to do

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Re: Martin jepson

Post by mdean » 05 Feb 2025, 02:49

Aldinga Tiger wrote: 05 Feb 2025, 01:48 I'm sorry but that has got to be a load of rubbish. 500k would not even touch the sides for what we are needing to do
I am not claiming to be in the know, but cash flow unlocks credit. So there might be some merit in raising capital to some extent.
Business deals take time, sadly as a Cas fan a lot of that has elapsed since anything fundamentally changed which does lead to cynicism.

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Re: Martin jepson

Post by gateman » 05 Feb 2025, 09:25

Mr Jepson came from no ware to join our club the club as moved forward since he came on board, still loads to be done, he will be finding it hard o find like minded people,hence the extra time needed sit back and see what happens we as fans have no control over this

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Re: Martin jepson

Post by tigerfeat » 05 Feb 2025, 09:34

For everybody that loves the club its a worrying time
The measure of who we are is what we do with what we have
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Re: Martin jepson

Post by Tamworth Tiger » 05 Feb 2025, 10:27

Less worrying than before Jepson got involved. We’d be in the Championship now.

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Re: Martin jepson

Post by TheMotleyFox » 05 Feb 2025, 12:05

Whilst I understand peoples panic around the deadline being pushed back, its worth taking into account that its been pushed back to the end of April (April is the start of a new tax year - financially minded people will understand) and MJ has already stated that he has had potential investors signal their intent to join him in turning the club around. These things take time, these investors need sounding out, ensuring they have no ill-intentions toward the club and the sizeable chunk of land it sits on. Likewise, rumours around an approach to Russell Crowe are circulating, and if these are true, Mr Crowe already owns a majority share in South Sydney, and its likely that he would need time to figure out what his investment and involvement would be and how it would impact his involvement in the Bunnies.

What people dont understand is its not just a simple exercise in handing over the Fultons X amount of £'s and everything is done. This is a Rugby League club, a cultural asset with a significant amount of land involved too. MJ isnt going and buying a Happy Meal from McDonalds.

As far as im aware, and i could be reading this in the wrong light, but MJ has not openly said that without getting other backers on board he does not have the Capital or desire to purchase the club on his own. MJ actually said that he realises their is lots of work to be done, and that he cannot do it all on his own. I read that as hes talking about the day to day operating of the club, work around the takeover etc.

Everyone has their own opinions, and they are entitled to them. Just dont take what you hear in the club as gospel and for anyone who says they are in the know, they are not. Only MJ, the Fultons and other potential backers actually know whats going on.
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Re: Martin jepson

Post by yorky » 05 Feb 2025, 12:12

TheMotleyFox wrote: 05 Feb 2025, 12:05 Whilst I understand peoples panic around the deadline being pushed back, its worth taking into account that its been pushed back to the end of April (April is the start of a new tax year - financially minded people will understand) and MJ has already stated that he has had potential investors signal their intent to join him in turning the club around. These things take time, these investors need sounding out, ensuring they have no ill-intentions toward the club and the sizeable chunk of land it sits on. Likewise, rumours around an approach to Russell Crowe are circulating, and if these are true, Mr Crowe already owns a majority share in South Sydney, and its likely that he would need time to figure out what his investment and involvement would be and how it would impact his involvement in the Bunnies.

What people dont understand is its not just a simple exercise in handing over the Fultons X amount of £'s and everything is done. This is a Rugby League club, a cultural asset with a significant amount of land involved too. MJ isnt going and buying a Happy Meal from McDonalds.

As far as im aware, and i could be reading this in the wrong light, but MJ has not openly said that without getting other backers on board he does not have the Capital or desire to purchase the club on his own. MJ actually said that he realises their is lots of work to be done, and that he cannot do it all on his own. I read that as hes talking about the day to day operating of the club, work around the takeover etc.

Everyone has their own opinions, and they are entitled to them. Just dont take what you hear in the club as gospel and for anyone who says they are in the know, they are not. Only MJ, the Fultons and other potential backers actually know whats going on.
Good post :!:

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Re: Martin jepson

Post by Tamworth Tiger » 05 Feb 2025, 12:34

TheMotleyFox wrote: 05 Feb 2025, 12:05 Whilst I understand peoples panic around the deadline being pushed back, its worth taking into account that its been pushed back to the end of April (April is the start of a new tax year - financially minded people will understand) and MJ has already stated that he has had potential investors signal their intent to join him in turning the club around. These things take time, these investors need sounding out, ensuring they have no ill-intentions toward the club and the sizeable chunk of land it sits on. Likewise, rumours around an approach to Russell Crowe are circulating, and if these are true, Mr Crowe already owns a majority share in South Sydney, and its likely that he would need time to figure out what his investment and involvement would be and how it would impact his involvement in the Bunnies.

What people dont understand is its not just a simple exercise in handing over the Fultons X amount of £'s and everything is done. This is a Rugby League club, a cultural asset with a significant amount of land involved too. MJ isnt going and buying a Happy Meal from McDonalds.

As far as im aware, and i could be reading this in the wrong light, but MJ has not openly said that without getting other backers on board he does not have the Capital or desire to purchase the club on his own. MJ actually said that he realises their is lots of work to be done, and that he cannot do it all on his own. I read that as hes talking about the day to day operating of the club, work around the takeover etc.

Everyone has their own opinions, and they are entitled to them. Just dont take what you hear in the club as gospel and for anyone who says they are in the know, they are not. Only MJ, the Fultons and other potential backers actually know whats going on.
Great post. Well put. Basically we should wait and see, hard as that may be, but put some trust in the successful businessman who has so far delivered more than we could have hoped in a very short time.

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Re: Martin jepson

Post by 5menofsteel » 05 Feb 2025, 13:18

TheMotleyFox wrote: 05 Feb 2025, 12:05 Whilst I understand peoples panic around the deadline being pushed back, its worth taking into account that its been pushed back to the end of April (April is the start of a new tax year - financially minded people will understand) and MJ has already stated that he has had potential investors signal their intent to join him in turning the club around. These things take time, these investors need sounding out, ensuring they have no ill-intentions toward the club and the sizeable chunk of land it sits on. Likewise, rumours around an approach to Russell Crowe are circulating, and if these are true, Mr Crowe already owns a majority share in South Sydney, and its likely that he would need time to figure out what his investment and involvement would be and how it would impact his involvement in the Bunnies.

What people dont understand is its not just a simple exercise in handing over the Fultons X amount of £'s and everything is done. This is a Rugby League club, a cultural asset with a significant amount of land involved too. MJ isnt going and buying a Happy Meal from McDonalds.

As far as im aware, and i could be reading this in the wrong light, but MJ has not openly said that without getting other backers on board he does not have the Capital or desire to purchase the club on his own. MJ actually said that he realises their is lots of work to be done, and that he cannot do it all on his own. I read that as hes talking about the day to day operating of the club, work around the takeover etc.

Everyone has their own opinions, and they are entitled to them. Just dont take what you hear in the club as gospel and for anyone who says they are in the know, they are not. Only MJ, the Fultons and other potential backers actually know whats going on.
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Re: Martin jepson

Post by tigerfeat » 05 Feb 2025, 14:28

Tamworth Tiger wrote: 05 Feb 2025, 10:27 Less worrying than before Jepson got involved. We’d be in the Championship now.
Not sure about that I've no time for the bloke but fair play to him Gratton played a blinder getting the rating we got
Of course we needed a change and I'm sure Mr Jepson is the man I'm just concerned where we go next if things don't work out as planned
The measure of who we are is what we do with what we have
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Re: Martin jepson

Post by Mucky1978 » 05 Feb 2025, 14:53

Tigersbarmy wrote: 04 Feb 2025, 21:48 I’ve been told jepson needs 5 investors all been asked to pump in 100k each. If jepson can’t get the 5 he’s going to wipe his hands with the money he’s invested and walk away from the club
😂
Why would he need 5?
Could have one with 500k or two £250k each.

People seem to be turning on Jepson already god help us.

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Re: Martin jepson

Post by gateman » 05 Feb 2025, 15:38

the moaners RE MR Jepson i bet they know loads of people that are waiting to replace him , the club as moved forward since he came aboard, i am sure he is right to look for people to share the VERY expensive hobby of running a Rugby League club

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Re: Martin jepson

Post by Tamworth Tiger » 05 Feb 2025, 17:19

tigerfeat wrote: 05 Feb 2025, 14:28
Tamworth Tiger wrote: 05 Feb 2025, 10:27 Less worrying than before Jepson got involved. We’d be in the Championship now.
Not sure about that I've no time for the bloke but fair play to him Gratton played a blinder getting the rating we got
Of course we needed a change and I'm sure Mr Jepson is the man I'm just concerned where we go next if things don't work out as planned
Don’t suppose we will ever really know which of the two was the driving force behind that A grade though.

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Re: Martin jepson

Post by 5menofsteel » 05 Feb 2025, 17:41

Tamworth Tiger wrote: 05 Feb 2025, 17:19
tigerfeat wrote: 05 Feb 2025, 14:28
Tamworth Tiger wrote: 05 Feb 2025, 10:27 Less worrying than before Jepson got involved. We’d be in the Championship now.
Not sure about that I've no time for the bloke but fair play to him Gratton played a blinder getting the rating we got
Of course we needed a change and I'm sure Mr Jepson is the man I'm just concerned where we go next if things don't work out as planned
Don’t suppose we will ever really know which of the two was the driving force behind that A grade though.
I would say MJ . Without his money , no 0.25 points for director investment , no 1.5 points (would have been 0.5) for Stadium . I think we were able to use WMDC money for seats in PS stand which took us above the minimum requirement , but we weren't able to use it for the VIP area in the main stand . Also an extra 0.125 points for big screen .

Without these it would have been very close. Toulouse finished in 13th with 13.58 points , if we deduct points for the above , we would have had 13.64 .

Not sure exactly what Grattan did though ?

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Re: Martin jepson

Post by 312 » 05 Feb 2025, 18:15

A couple of decades or so since. Our neighbours at the other end of the 189 bus route took a chap on board who promised to invest big. They spent heavily on players and the money never materialised and they nearly went bust. The chap in question disappeared without trace.
This could be why due diligence may be taking time, it could be that an investor is there but the club are making sure the money is their also that they are promising.

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Re: Martin jepson

Post by 5menofsteel » 05 Feb 2025, 18:23

312 wrote: 05 Feb 2025, 18:15 A couple of decades or so since. Our neighbours at the other end of the 189 bus route took a chap on board who promised to invest big. They spent heavily on players and the money never materialised and they nearly went bust. The chap in question disappeared without trace.
This could be why due diligence may be taking time, it could be that an investor is there but the club are making sure the money is their also that they are promising.
Let's hope so , although , the way that I read the statement , I think due diligence has now been completed , just not in time to finalise and complete before the end of January .

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