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Confirmed KLD only owns 41%

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archfiend said:
I hate business mind. Someone said this might be a power play by KLD but could just as easily be a power play by SD and Methven to get the hell out of dodge and with a fair bit of wedge as well by forcing the sale of their shares and at a canny amount.
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They did mention at the original agreed price, these 2 fuckers will be there until they get their pound of flesh
Utter scum, I am supposed to be packing the house up prior to my move back up North, dealing with these 2 chancers makes me wonder if they were solicitors in a previous life, incompetent and get paid for fuck all
 
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Wayne The Punk said:
They did mention at the original agreed price, these 2 fuckers will be there until they get their pound of flesh
Utter scum, I am supposed to be packing the house up prior to my move back up North, dealing with these 2 chancers makes me wonder if they were solicitors in a previous life, incompetent and get paid for fuck all
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Yeah original agreed price suggests to me that they’ve said “£X for the initial purchase and if you want to buy the rest then it’s £Y”.
 
Wayne The Punk said:
They did mention at the original agreed price, these 2 fuckers will be there until they get their pound of flesh
Utter scum, I am supposed to be packing the house up prior to my move back up North, dealing with these 2 chancers makes me wonder if they were solicitors in a previous life, incompetent and get paid for fuck all
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If Gordon Armstrong has a bit of knowledge he’s said 18 million might not even be enough to buy them off …. If this is true I can’t see them moving away just yet

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Funny...

Mercator...

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Mercator projection inflates the size... of a share holding even :cool:
 
Clavas said:
This is the absolute issue that will never go away while SD is involved in the club

Let's say KLD wants to purchase Mbappe for £10M so has to put up £4.1M with JS putting up £2M, CM £500K and SD £3.4M
SD does not have the money and both SD & CM are only interested in getting profit out and into their own pockets not investing money into the club

SD & CM (& JS) can block any investment as they have to sign off any key financials

KLD - over to you to resolve this issue
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SD trousered just over 15 million for his 41% shares off KLD, so technically he does. Whether he would put that in is an entirely different question.
 
sksk3021 said:
That's not a balance sheet but fair enough.

We also bring in more than Cheltenham even in league one. I am not sure on the breakdown tbh, but I think we probably could cover our costs in league one if we exclude the playing squad although how sustainable that is nobody knows.
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I was using balance sheet as a colloquial shorthand for money going out vs money coming in. Sorry for confusion.
 
archfiend said:
I hate business mind. Someone said this might be a power play by KLD but could just as easily be a power play by SD and Methven to get the hell out of dodge and with a fair bit of wedge as well by forcing the sale of their shares and at a canny amount.
Click to expand...
I bet there is an 'agreed price' for KLD to buy them out when we reach the Championship. The leaches have now realised this is very unlikely again this season so are trying to force KLD's hand to get their coin. "We'll take the agreed Championship price now if you want rid of us".
 
archfiend said:
If Gordon Armstrong has a bit of knowledge he’s said 18 million might not even be enough to buy them off …. If this is true I can’t see them moving away just yet
Click to expand...
There was word at the time that we were valued at £37M, so if he was buying out all 3 of the ex-Madrox lot based on that estimate it would be almost £22M.
 
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