the investment will be a loan which will be converted into shares at a later date.
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Takeover
- Thread starter cmmackem
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Secret Visage
Striker
You've spouted some guff on here since turning up, but I'm calling you out on this one as that's a disgraceful remark to make about our supporters.
There is not one single safc supporter that thinks our club is a charity thing.
cbwhu
Winger
they are going to take dividends wages and sponsorship money out the club at a high enough rate for it t be worthwhile?
and you WANT this to happen?
Coeus
Striker
Not likely we would be able to sell for 250-300 after spending 100m.
Crikey, you asked me to name one possibility, I named you 4 or 5 possibilities.
You're starting to irk me now.
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Stepping over the line here Charlie boy.
You realise you will now have to justify your post, show your workings out and everything
Is speculating about this investment / takeover a bad thing, I'm struggling to see why it becomes such a contentious issue
Coeus
Striker
I think it is just terminology mate. Where he said charity, what I think he means is some fans think we are going to be the next City / Chelsea when there isn't much evidence to suggest they will?
kildaremackem
Striker
the equity of safc was worth £15m when SD and his mates bought the club..thats what they paid for the shares..the equity will already worth more than that now..
but yes i cant see how safc could hit a £250m valuation without qualftying for champs league or something..
Coeus
Striker
You realise you will now have to justify your post, show your workings out and everything
Is speculating about this investment / takeover a bad thing, I'm struggling to see why it becomes such a contentious issue
If it is a loan then I am completely against it. This club doesn't need to loan money to spend on a bad programme.
kildaremackem
Striker
also cheslea arent run for benevolent reasons..it may not be about prodfit in cash tersms (though abramavhich is seeking to sell now for £2.5bn which would be a profit for him) there are non moentray personal gains these guys can make...but its still about self interest..
If we don't go up this year, that equity will be worth £4.50 and a bag of harribos with the predicted shortfall in income
sir rowell cummins
Striker
I hate that football clubs are run by rich money makers but I accept that's the business. It just riles me when directors say bullshit things like 'doing it for the best interests of the club' and the fans lap it all up. They are here to make some dough as are FPP so as the customer we have the right to scrutinise and criticise and make judgements and choices. I know our financial input as fans is minimal but our influence is bigger ie despite the sky blood money you wouldn't have many sponsors and advertisers wanting to associate themselves with angry fans and a an empty stadium
Coeus
Striker
SD bought for a song due to a motivated sellor, fair play to him. That was the time to flip, not now he wants a proper price.
cbwhu
Winger
these are billionaires, they would need to be taking 20's of millions each OUT of the club every year to make it worth their while
makes zero sense whatsoever
Secret Visage
Striker
It's very snide, derogatory terminology and an insult to our club, its supporters and its history.
Absolutely no need for it.
kildaremackem
Striker
soft loans are fine..thats how it usually works..its what ellis did and the cheslea owner..they do it because debt is higher up the queue in he event of insolvency than equity..so they have more control..
they then convert to equity later when they feel insolvency isnt a problem..
bit for instance..in the summer ellis left..because his loans were unsecured..he had nno say in whether the club went to adminstration..SBC did..if he had not cobverted so much of his loans to shares..he would have had the most say..
Coeus
Striker
Indeed, we just have to hope our interest align with their's and not in the sense of getting promotion at all costs.
kildaremackem
Striker
no no..they need it to be a long term growth project..so if they can make the value rise..by 8/10 pc a year for 10 ten years it would be fine..depending on what the prevailing interest rate of the day is..
cbwhu
Winger
Why not, your income would be well over 100m a year more than it is now also
those are just abitory numbers to show how they may well look to make their money
You realise you will now have to justify your post, show your workings out and everything
Is speculating about this investment / takeover a bad thing, I'm struggling to see why it becomes such a contentious issue
it actually sounds really feasible in the current circumstances and one of the most sensible options i've heard so far
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