Chrysalis Posted 7 November 2006 Posted 7 November 2006 yeah and if he pays an additonal £3million the board want, where will that come from? it will come from the money he has earmarked for us. clap clap so far the reasons I have heard for turning the offer down are all based on "not enough" which has nothing to do with the clubs future, the loan argument is weak as it is a superior interest rate then to teachers.
Swedging Posted 7 November 2006 Posted 7 November 2006 I see you still playing your PR game putting spin on loans. The majority of football clubs in particular where takeovers are involved are based on debt. Portsmouth situation may have gone bad but it didnt so its a mute point. Their is no garuantuees in football if it was all based on them it would be boring. No spin. Just pointing out the risks. Debt is a factor in most companies. It's where it comes from, how it's serviced and what is held against it that is important and always worth investing. And I'm not quite sure why you want to avoid guarantees given what happened at Portsmouth. Is the club so unimportant to you?
Chrysalis Posted 7 November 2006 Posted 7 November 2006 Er, no. Yes, if you invest in something you expect your money back with a bit on top thats why its called an investment. If you dont its called a gift.
Swedging Posted 7 November 2006 Posted 7 November 2006 clap clap the loan argument is weak as it is a superior interest rate then to teachers. Really? Where did you get that information from? I'd have thought that was precisely the kind of guarantee that the board will be looking for.
Chrysalis Posted 7 November 2006 Posted 7 November 2006 I am feeling sick about the spin coming out here. The brute point of whats going on is that some shareholders awant more for their shares, if its offered the bid will be accepted. The 25million is a majority of a loan with the smaller portion paid to the shareholders, if more goes to the shareholders the loan would be decreased and transfer funds alongside it. The stadium itself has a higher itnerest rate then milan would be getting and as such the club will have more cashflow. The alternative to milan is tigers getting what they want use of the walkers stadium, these plans have been ongoing for a while which is why the foxes trust are asking their members for thoughts on a groundshare and the chairman keeps bringing it up.
Swedging Posted 7 November 2006 Posted 7 November 2006 Yes, if you invest in something you expect your money back with a bit on top thats why its called an investment. If you dont its called a gift. If I were to buy a house as an investment, how is that a loan?
Chrysalis Posted 7 November 2006 Posted 7 November 2006 If you invest in something that isnt yours. Like shareholders you invest in a company the dividends are paid back to you and you expect to sell your shares off later at a profit or keep them for life taking the dividends. Your house you wouldnt expect to make a profit on your investment? I am a fan and if I was buying the club I would refuse to garantuee its survival, promotion, future sale of club. Whilst it is something I adore it isnt ahead of my own well been and family.
Swedging Posted 7 November 2006 Posted 7 November 2006 If you invest in something that isnt yours. Like shareholders you invest in a company the dividends are paid back to you and you expect to sell your shares off later at a profit or keep them for life taking the dividends. Your house you wouldnt expect to make a profit on your investment? I am a fan and if I was buying the club I would refuse to garantuee its survival, promotion, future sale of club. Whilst it is something I adore it isnt ahead of my own well been and family. But if you buy shares then it is yours (in proportion to the shares that you own). Normally, the shareholders are the owners of the company. And the kind of guarantees that will be wanted are on the terms of the loan, not stuff that cannot be controlled.
Jon the Hat Posted 7 November 2006 Posted 7 November 2006 Yes, if you invest in something you expect your money back with a bit on top thats why its called an investment. If you dont its called a gift. A shareholder has no right to your money back in the event of recievership until all other debts are paid - in reality this means you get nothing back. Also dividends are not automatic in the same way as interest. Shares are worth nothing in the event of collapse, whereas debt can be secured on assets such as the training. Ground. Debt and Equity are very different, and if you think otherwise you are wrong!
OriginalRobboFOX Posted 7 November 2006 Posted 7 November 2006 Can someone update me on state of play now. I have been out on appointments all afternoon.
Trumpet Posted 7 November 2006 Posted 7 November 2006 Can someone update me on state of play now. I have been out on appointments all afternoon. You posted at 3:09pm
Babylon Posted 7 November 2006 Posted 7 November 2006 Can someone update me on state of play now. I have been out on appointments all afternoon. Same as when you left... nobody on here knows fook all about what is going on. We just have a combined total of about 200 pages with 0% fact and 100% rumour and opinion.
Daggers Posted 7 November 2006 Posted 7 November 2006 200 pages with 0% fact and 100% rumour and opinion. Exscuuuuuuuuuuuuse me... 200 pages with 0% fact, 97% rumour and opinion and 3% of some of the pretty finest biscuit & cake discussion ever seen on a fan site.
Janx Posted 7 November 2006 Posted 7 November 2006 Exscuuuuuuuuuuuuse me... 200 pages with 0% fact, 97% rumour and opinion and 3% of some of the pretty finest biscuit & cake discussion ever seen on a fan site. I'll Jaffa cake that and chocolate hob nob my boasters!
davieG Posted 7 November 2006 Author Posted 7 November 2006 I am feeling sick about the spin coming out here.The brute point of whats going on is that some shareholders awant more for their shares, if its offered the bid will be accepted. The 25million is a majority of a loan with the smaller portion paid to the shareholders, if more goes to the shareholders the loan would be decreased and transfer funds alongside it. The stadium itself has a higher itnerest rate then milan would be getting and as such the club will have more cashflow. The alternative to milan is tigers getting what they want use of the walkers stadium, these plans have been ongoing for a while which is why the foxes trust are asking their members for thoughts on a groundshare and the chairman keeps bringing it up. Are you a board member or are you just making it up as you go along from titbits of rumour and conjecture you've borrowed from the Mercury?
Sooper Steve's shin Posted 7 November 2006 Posted 7 November 2006 Same as when you left... nobody on here knows fook all about what is going on. We just have a combined total of about 200 pages with 0% fact and 100% rumour and opinion. Isn't that what a football fans' messageboard is for...?
Daggers Posted 7 November 2006 Posted 7 November 2006 Isn't that what a football fans' messageboard is for...? Nope - not on your hobnobs
Babylon Posted 7 November 2006 Posted 7 November 2006 Isn't that what a football fans' messageboard is for...? Did I say it wasn't?
lookwhaticando Posted 7 November 2006 Posted 7 November 2006 Did I say it wasn't? Rumour and conjecture is all well and good so long as there's at least a hint of fact amongst it all. Afterall, there's not much point nor is there much fun to be had by discussing the merits of a move for Ronaldinho, is there? By all means discuss things, but let's have a some facts to talk about from time to time.
sackmycook Posted 7 November 2006 Posted 7 November 2006 By all means discuss things, but let's have a some facts to talk about from time to time. the only people here that can provide facts are FT but the power of being shareholders has gone to their heads.
ThurmastonFox Posted 7 November 2006 Posted 7 November 2006 OK, time for me to call for calm again. Lets look at the facts and the fiction for those who may have missed something: FACT - Mandaric has made a bid for City FACT - The board has met with Mandaric FACT - The Foxes Trust is flirting a hell of a lot with the media FACT - Something will be announced at some point FICTION - A specific amount is known (whether £3mil or £25mil no one knows) FICTION - The Tigers are bidding for us on the quiet FICTION - Jaffa Cakes are better than Jammy Dodgers Well, you can fill the blanks in now I got bored
Fox in a Box Posted 7 November 2006 Posted 7 November 2006 OK, time for me to call for calm again. Lets look at the facts and the fiction for those who may have missed something: FACT - Mandaric has made a bid for City FACT - The board has met with Mandaric FACT - The Foxes Trust is flirting a hell of a lot with the media FACT - Something will be announced at some point ------------- NEW FACT Andrew Taylor AND Tim Davies have been in LONDON with MANDY, they are now going back to the board members to either rubber stamp the deal or reject it. They seems to be getting closer to the valuation and also that the board want to look closer at the small print in the deal before taking it to the board. MM quote...'time is crucial now for the deal to be secured' in business terms squeezing the price down. BBC sports news 6:45 7th Nov ------------- Just bloody do it !
ThurmastonFox Posted 7 November 2006 Posted 7 November 2006 NEW FACT ANDREW TAYLOR AND TIM DAVIES have been in LONDON with MANDY, they are now going back to the board members toeith rubber stamp the deal or reject it.BBC sports news 6:45 7th Nov That's right Mr Fox in A Box, gazump me with an important fact, I know your sort, all truth and no speculation - probably a Jaffa Cake eater to go with it.
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