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Offer come in for the club (rumours thread)

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Coeus said:
Which is why the partnership is bizarre unless they are entirely aligned. If he was confident at all, I'm not quite sure why he doesn't seem interested in purchasing it entirely.
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I think as others have alluded to already. None of us on this forum (@greedminds excepted) move in the circles on par with the ultra rich, so there is no way we could even start to figure out why they make the financial decisions they do.
 

Coeus said:
Which is why the partnership is bizarre unless they are entirely aligned. If he was confident at all, I'm not quite sure why he doesn't seem interested in purchasing it entirely.
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Its a puzzle why he doesn't want to extend his shares to at least 51%..the only reasons that makes any sense are that he doesn't have the money or he doesn't want to buy at that price! If he is planning to grow the business ,the value of the shares will go up ..as i said his approach makes no sense unless he likes the frugal twins there as a scapegoat for little investment.
 
The Krankie Returns said:
I think as others have alluded to already. None of us on this forum (@greedminds excepted) move in the circles on par with the ultra rich, so there is no way we could even start to figure out why they make the financial decisions they do.
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I work with private equity investors who earn £100s of millions a year each and they make 90% of their decisions based on a 4-5 year return on investment (all very calculated). The other 10% is pure ego to either make them look good or usually to get one up on other investors.
 
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oddbod said:
Its a puzzle why he doesn't want to extend his shares to at least 51%..the only reasons that makes any sense are that he doesn't have the money or he doesn't want to buy at that price! If he is planning to grow the business ,the value of the shares will go up ..as i said his approach makes no sense unless he likes the frugal twins there as a scapegoat for little investment.
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Nice and logical till you hit tinfoil in the last sentence ;-)
 
Roker Mackem said:
Have a feeling they will now hang on in the hope of the big jackpot payday which cant happen with them sitting there.
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Can’t blame you marra. It’s been smoke and mirrors from the day they got their grubby hands on the club.

The thing is, if they had just been honest about how their purchase had been funded and what their actual plan was I think people would have cut them more slack.

The constant lies, slagging off of supporters and the area are what really grates on me -and understandably others.

Best for all concerned they are honest for once and do one.
 
Dobblemackem said:
Struggle to find two people I’ve ever hated more. Absolute arseholes the pair of them!!
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Ite next level chancery...real parasite stuff. They have shown what their capable of and this is by far the most dangerous phase...as they're desperate to cash in before they're forced to spend more than is comfortable. Not convinced this is an end game,more a loveless marriage ending very badly but with not obvious termination
 
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oddbod said:
Its a puzzle why he doesn't want to extend his shares to at least 51%..the only reasons that makes any sense are that he doesn't have the money or he doesn't want to buy at that price! If he is planning to grow the business ,the value of the shares will go up ..as i said his approach makes no sense unless he likes the frugal twins there as a scapegoat for little investment.
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Maybe he is waiting till December when he gets his inheritance and then buys out Sartori
 
flusheding said:
It seems a lot of people use the idea of buying a football club to just get their name in papers and in search results alone.

I'm guessing people like that Derby 'buyer' Kirchner basically say "the news articles are lies, I had the money it just failed for XYZ (random made up excuse)" and he's able to pretend he's capable of buying clubs when he goes and plays golf and dines at fancy restaurants around actual people that can afford to buy expensive things.

We are probably pretty lucky that the crypto market has taken such a death spiral when it has, as it quite easily puts a the kabosh over the bollocks crypto bid. Easy to call it out when it's so visible that their potential money has disappeared.
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It does seem that SAFC is becoming a proper twat-magnet. Possibly partly due to the publicity from the Netflix series.
 
I tuned out when I heard crypto money was interested in the club. I presume that's as dead as the market is now? Would someone be kind enough to give me a Tl;dr on this?
 
oddbod said:
Its a puzzle why he doesn't want to extend his shares to at least 51%..the only reasons that makes any sense are that he doesn't have the money or he doesn't want to buy at that price! If he is planning to grow the business ,the value of the shares will go up ..as i said his approach makes no sense unless he likes the frugal twins there as a scapegoat for little investment.
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Not a puzzle to me, I think he has played a blinder in reality. SD sold him 40% and CM sold him 1%, making him the biggest single shareholder. I don't know exactly what he paid, but if the value was 37M then SD would have got 14.8M and CM would have got 370K. They all agree to fund the club pro rata and therefore the ownership group put their money in as per their equal share in. To keep it simple they decide to put in 1M, KLD, puts in 410K, JS 200K SD 340K and CM 50K. Yes both SD and CM are using KLD money to fund their part of the agreement, however the money KLD gave for the shares is coming back into the club. If he had bought the shares outright then SD and CM would have walked off into the sunset a dam lot richer than when the walked in, and KLD would have had to stump up 800K to fund his part instead of 410K. This is only my thinking and not fact, but it's the way I see it and if that is what he has done then in my opinion he's played a blinder.
 
I knew it would be all Donald's fault if the takeover didn't progress.

Maybe it is his fault, but any potential investor can't have done even the most basic of research about Donald's time here if they thought he was going to give those shares up for cheap.
 
Wendall Gee said:
Not a puzzle to me, I think he has played a blinder in reality. SD sold him 40% and CM sold him 1%, making him the biggest single shareholder. I don't know exactly what he paid, but if the value was 37M then SD would have got 14.8M and CM would have got 370K. They all agree to fund the club pro rata and therefore the ownership group put their money in as per their equal share in. To keep it simple they decide to put in 1M, KLD, puts in 410K, JS 200K SD 340K and CM 50K. Yes both SD and CM are using KLD money to fund their part of the agreement, however the money KLD gave for the shares is coming back into the club. If he had bought the shares outright then SD and CM would have walked off into the sunset a dam lot richer than when the walked in, and KLD would have had to stump up 800K to fund his part instead of 410K. This is only my thinking and not fact, but it's the way I see it and if that is what he has done then in my opinion he's played a blinder.
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Id say both sides win with how this will play out


The deal was effectively done when KLD bought his shares. Granted a bit of running costs etc etc but truth is he's already agreed to buy the shares at said price. Both sides have 'won' however all that is stopping things from being straightforward is time that they sort shot out between them. It must delay signings in the short term due to commitment of transfer funds etc.
 
Wendall Gee said:
Not a puzzle to me, I think he has played a blinder in reality. SD sold him 40% and CM sold him 1%, making him the biggest single shareholder. I don't know exactly what he paid, but if the value was 37M then SD would have got 14.8M and CM would have got 370K. They all agree to fund the club pro rata and therefore the ownership group put their money in as per their equal share in. To keep it simple they decide to put in 1M, KLD, puts in 410K, JS 200K SD 340K and CM 50K. Yes both SD and CM are using KLD money to fund their part of the agreement, however the money KLD gave for the shares is coming back into the club. If he had bought the shares outright then SD and CM would have walked off into the sunset a dam lot richer than when the walked in, and KLD would have had to stump up 800K to fund his part instead of 410K. This is only my thinking and not fact, but it's the way I see it and if that is what he has done then in my opinion he's played a blinder.
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That is a good story! It explains everything and nothing! I think the truth will be more simplistic than your machinations.The moneys involved buying out Donald are chickenfeed if kld plans are to take us to the premiership and compete.
Dev-FTM said:
Maybe he is waiting till December when he gets his inheritance and then buys out Sartori
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One thing is for sure nest season we will see kld's true colours!I personally think we are going to be underwhelmed!
 
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