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Takeover Rumours

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Lord Potts said:
It would appear that if Stewart Donald is cashing in his financial interest in the insurance business as he needs to increase his investment in SAFC . Logically if the new investors are putting big money into the club the cost of owning a percentage of it increases. If he simply maintained his present investment the percentage that he owned when the new money was put into the club would probably be a lot smaller than it is now. If he wants to retain some influence at SAFC the new investors may be happy for him to do so but they would probably expect him to put up a little more cash given the financial commitment that they are making.

Understandably he wouldn't have risked all that he had on SAFC this time last year but he must think that its quite a different financial proposition now.
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Wasn't he given up some shares and getting dosh?
 

Lord Potts said:
It would appear that if Stewart Donald is cashing in his financial interest in the insurance business as he needs to increase his investment in SAFC . Logically if the new investors are putting big money into the club the cost of owning a percentage of it increases. If he simply maintained his present investment the percentage that he owned when the new money was put into the club would probably be a lot smaller than it is now. If he wants to retain some influence at SAFC the new investors may be happy for him to do so but they would probably expect him to put up a little more cash given the financial commitment that they are making.

Understandably he wouldn't have risked all that he had on SAFC this time last year but he must think that its quite a different financial proposition now.
Click to expand...

It doesn’t work like that. A percentage is a percentage. If the club value rises then your percentage is worth more. It’s how the financial markets of the world run.
 
taken from facey ;)


Few tweets circulating:

“ @slimdazza
Sad times as i hear
@stewartdonald3
left the world of insurance &
@bridleinsurance

Suspect much congratulations on the sale but insurance needs entrepreneurs, people like him, independents with big visions and aspirations. “
“Stewart donald leaving his insurance company surely means the takeover is done and hes running the club full time now. At the request of the new owners.”
Hope this is true and everything’s done and dusted
 
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