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Post by crouchpotato1 on Mar 7, 2022 14:51:47 GMT
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Post by DC1863 on Mar 7, 2022 15:04:29 GMT
Haven't listened to it, but the owners aren't going anywhere for the foreseeable future so it's all a bit immaterial surely.
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Post by bayernoatcake on Mar 7, 2022 15:11:36 GMT
And is it a worry?
Aren't they just covering the mess they've created with their terrible managerial appointments.
Going forward you'd hope we have a plan to maximise revenue incomes from matchdays and selling players.
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Post by ramalam on Mar 7, 2022 15:38:03 GMT
Haven't listened to it, but the owners aren't going anywhere for the foreseeable future so it's all a bit immaterial surely. That’s what we thought.
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Post by dirtclod on Mar 7, 2022 15:42:46 GMT
I think it's a worry, as per my post in the "Our problems go deeper than the manager" thread.
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Post by theonlooker on Mar 10, 2022 20:11:49 GMT
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Post by march4 on Mar 10, 2022 20:16:38 GMT
I don’t see the problem that lifelong fanatics of our club are rich enough to bankroll us.
I suspect the supporters of most clubs would like that.
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Post by wuzza on Mar 10, 2022 20:16:59 GMT
My thoughts are that this bloke seriously needs to get a life ! He must be a riot at parties.
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Post by hyaduck on Mar 10, 2022 20:28:32 GMT
He sounds like some of the babies on here who try and get you suspended for saying something they disagree with!!!!!!
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Post by bayernoatcake on Mar 10, 2022 20:38:02 GMT
Fucking hell what a sad cunt
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Post by ramalam on Mar 10, 2022 20:48:28 GMT
Fucking hell what a sad cunt As I said, supporting Bristol must be as boring as anything, they’ve just passed 100 pages on our accounts. Imagine the limbs in the pub before a game when starts his PowerPoint up 😂
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Post by bayernoatcake on Mar 10, 2022 20:50:19 GMT
Fucking hell what a sad cunt As I said, supporting Bristol must be as boring as anything, they’ve just passed 100 pages on our accounts. Imagine the limbs in the pub before a game when starts his PowerPoint up 😂 😂😂😂
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Post by bayernoatcake on Mar 13, 2022 21:53:55 GMT
What does this mean then?
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Post by theonlooker on Mar 13, 2022 21:56:17 GMT
What does this mean then? In the words of Rodney Trotter - it means old Delboy is pulling a stroke.
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Post by chigstoke on Mar 13, 2022 21:56:38 GMT
What does this mean then? I think it means we're all going on a European tour
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Post by s7oke on Mar 13, 2022 22:13:33 GMT
What does this mean then? Means we are going for it next season and they are dusting off the war chest
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Post by Staffsoatcake on Mar 13, 2022 22:19:01 GMT
Then they need someone in who knows how to spend it properly.
The last thing we need is another Rowett.
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Post by chigstoke on Mar 13, 2022 22:21:53 GMT
What does this mean then? Means we are going for it next season and they are dusting off the war chest Does that mean the return of Peter's 'Transfer Warchest Dong' for one last hurrah?
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Post by benjaminbiscuit on Mar 13, 2022 22:22:55 GMT
So essentially they can inject equity or indeed just swap debt for equity to that they can revalue the business but I’m not sure how that improves the P&L from a FFP perspective , so the those with greater financial insight abd expertise might offer a view , none the less it’s another example of incredible ownership support
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Post by scfcno1fan on Mar 13, 2022 22:27:33 GMT
Odd tweet.
Unless we’re failing some debt to equity ratio that the EFL might have?
Might also be to reduce our financing costs, but that assumes they look at profit after interest and not EBIT.
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Post by prestwichpotter on Mar 13, 2022 22:41:54 GMT
I’ve just put my house on us going up next year, it’s going to be one hell of a ride……
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Post by benjaminbiscuit on Mar 13, 2022 22:45:20 GMT
Odd tweet. Unless we’re failing some debt to equity ratio that the EFL might have? Might also be to reduce our financing costs, but that assumes they look at profit after interest and not EBIT. Loans are interest fee I believe , would think it’s super highly unlikely but would be a sale enabler , but more likely its removing debt adding fiscal muscle but how recapitalisation helps FFP no idea but they’ll have some very very bright minds on it
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Post by bayernoatcake on Mar 13, 2022 23:04:17 GMT
How will actually affect ffp? Sounds dodgy as fook ffp wise.
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Post by gingerninja on Mar 13, 2022 23:05:54 GMT
If we managed to get some decent money to spend, would anybody trust MON with it?.
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Post by s7oke on Mar 13, 2022 23:08:08 GMT
Means we are going for it next season and they are dusting off the war chest Does that mean the return of Peter's 'Transfer Warchest Dong' for one last hurrah? Hopefully he will unfurl the fucker yes Just hope it’s used wisely 😱
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Post by bayernoatcake on Mar 13, 2022 23:14:39 GMT
If we managed to get some decent money to spend, would anybody trust MON with it?. No, his transfers on the whole have been hideous.
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Post by followyoudown on Mar 13, 2022 23:14:58 GMT
How will actually affect ffp? Sounds dodgy as fook ffp wise. It doesn't I'd have thought they are just going to convert some or all of the loans into share capital and were probably at the limit of authorised share capital so have to increase it to be able to do it.
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Post by bayernoatcake on Mar 13, 2022 23:17:27 GMT
How will actually affect ffp? Sounds dodgy as fook ffp wise. It doesn't I'd have thought they are just going to convert some or all of the loans into share capital and were probably at the limit of authorised share capital so have to increase it to be able to do it. Yeah that sounds far more plausible.
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Post by followyoudown on Mar 13, 2022 23:22:30 GMT
Odd tweet. Unless we’re failing some debt to equity ratio that the EFL might have? Might also be to reduce our financing costs, but that assumes they look at profit after interest and not EBIT. Loans are interest fee I believe , would think it’s super highly unlikely but would be a sale enabler , but more likely its removing debt adding fiscal muscle but how recapitalisation helps FFP no idea but they’ll have some very very bright minds on it Loans are interest free although I presume we will have to be charged rent after selling the ground in May 2021, has no impact on any potential sale, if it had been third party loans it might but if it ever is sold there would be a sale price and bet 365 would make a profit or loss depending on whether they got more money back than they put in and unless we are european champions its probably unlikely they ever get all their money back.
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Post by houstonsteve on Mar 13, 2022 23:48:02 GMT
Loans are interest fee I believe , would think it’s super highly unlikely but would be a sale enabler , but more likely its removing debt adding fiscal muscle but how recapitalisation helps FFP no idea but they’ll have some very very bright minds on it Loans are interest free although I presume we will have to be charged rent after selling the ground in May 2021, has no impact on any potential sale, if it had been third party loans it might but if it ever is sold there would be a sale price and bet 365 would make a profit or loss depending on whether they got more money back than they put in and unless we are european champions its probably unlikely they ever get all their money back. Assuming this has progressed and is real. the removal of a pre emption right on share allocation is the interesting piece. Especially as the sole vote to make that change was Denise and it was a SPECIAL resolution reads to me that Denise has had enough - if anyone on the open market makes a bid to fund and create 10 million and 1 new shares of Stoke corporate shares (ie. provides capital to create new shares - then 50% of the new corporate ownership of 20 million shares, plus 1 share = majority ownership) and thats acceptable to the sole voter on such matters (Denise as per the article) then it cannot be pre-empted by a current shareholder and/or majority of shareholders. Pre-emption rights are common and are created so that when you receive a bid for a percentage of a business, property etc all existing shareholders can match that offer and receive the shares themselves. So - under the previous company articles every time anyone wanted to get a piece of Stoke some existing shareholder could just match the bid (for a percentage of the existing shares - not new shares as that wasn't allowed) to retain the majority. no one bids in this pre-emption scenario ever for football clubs (in my business I have seen a number of deals fall through due to pre-empts being triggered - bear in mind triggering a pre empt means you pay the money and take the shares being bid on - this is not creating new shares in this case - it does cost you but sometimes you think the value of the business is such you want a larger % of it). Because that pre-emption clause is removed its possible someone could provide share capital to take a controlling stake in the club (corporation). god knows who in their right mind would do that but sometimes that kind of change to company articles could be driven by knowing a bid is out there if only a pesky pre-empt doesn't exist. Normally a change to a pre-empt requires a majority (in my field anyway) vote so its interesting this one could be changed by Denise alone (unless she is also the majority on these votes in the original company articles). So we are seeing the long game and JC and Snr are not pulling those strings any more potentially. (or I could be barking up the wrong tree) Edit - another reading is that Denise can now sell her shares (and debt/loans) to highest bidder and that bid cant be pre-empted by JC or Snr. Both readings mean Denise has had enough. Im not sure this tweet is even legit though.
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