Offer come in for the club (rumours thread)


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What are you on about? They are using it to make a quick buck out of supporters if they were to offer shares via crypto.
How would the club possibly be benefiting from that? They dont own the shares so they’re clearly doing it for the supporters benefit.
 
Can’t imagine why people don’t want something that’s linked with financing crime on a global scale, something that is completely unregulated and whose prime function has been money laundering since it was created involved with the club like.

You win.
 
How would the club possibly be benefiting from that? They dont own the shares so they’re clearly doing it for the supporters benefit.
How can you get a share via crypto when the club isn’t valued in crypto? You will be paying via a cryptocurrency and your share will depend on the value of that currency/coin. If the coin crashes so does your shares, but the club retains your money via them still having the total amount of shares valued in real money.
 
The influence would be the clubs position, the exact same as if it was a normal share
Fair fucks, all I know is it’s an unregulated, incredibly volatile form of digital currency that has roped in millions of average people who have stupidly invested and lost money - without much to go on in this instance, first thoughts are crypto shares for fans is a bad idea
How can you get a share via crypto when the club isn’t valued in crypto? You will be paying via a cryptocurrency and your share will depend on the value of that currency/coin. If the coin crashes so does your shares, but the club retains your money via them still having the total amount of shares valued in real money.
That’s what I was *trying* to say before
 
How can you get a share via crypto when the club isn’t valued in crypto? You will be paying via a cryptocurrency and your share will depend on the value of that currency/coin. If the coin crashes so does your shares, but the club retains your money.
Unless safc unleash their own coin so fans can buy shares in clubs coin.

Everything was alot easier when we were in league 1........
 
Unless safc unleash their own coin so fans can buy shares in clubs coin.

Everything was alot easier when we were in league 1........
If we already had decent owners and they ventured into this market a few year down the line then i wouldn’t be as wary. But the fact they want to drum up supporter investment via murky waters before even buying the club is putting me off big style.
 
That's all well and good ..but what I'm asking is can a deal made with Donald be made to stick with the new share owners.....what would happen if Santi sold 12% of his shares to the new investor? would the voting rights deal be there in perpetuity?

It could easily be a condition imposed on the sale. KLD will certainly have what's known as a pre-emption right over the shares - the right to buy the shares ahead of any bidder if he matches their offer. The practical result is that they'll need to reach an accommodation with KLD to progress any deal. The same would apply if Sartori wanted to sell in the future. All the body language and board movements to date suggest that Sartori is working with KLD. Whatever his relation with Methven, he's known the Louis-Dreyfus family much longer. You're worrying about a hypothetical which may never come about. If it did, we'd have a new majority owner, and it would all change. That happens any time a business changes times. It can be for good or bad - there's no way of knowing upfront. As Frank Herbert one wrote "A beginning is a very dangerous time".
 
You can set up types of crypto and the value of that crypto would be tied directly to the value of the share. It would decrease or increase in value depending on the clubs position, just like share prices bought by money.

Like Terra and Tether?
 
That applies to any company irrespective of purchase method. No different to shareholders in Carillion, for example.
So you saying the crypto used is going to be tied to the original monetary value at which it was when the share was bought? If so why not just sell them in GBP?
 
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