The thing is sisu will be out of the way, there's little or no investment now so I wouldn't worry about that, I think initially gates will go upSISU will want money before they leave. How much would the Trust be able to offer?
I can't see that a fan run consortium taking over here will be of any benefit. All I can see would be SISU being out the way. There'd be less investment than there Is now (where would the money come from?). Same for wages. How would these be paid, something which SISU have always done.
I think you'd see a marked increase on the gate for starters, and I'm sure there are plenty of businessmen out there just waiting for SISU to "Do one"
The best thing that the Trust can do is put a figure out there. The whole saying the club isn't for sale, ring fencing it with dept etc is very deliberate to deter an offer IMO. How can you play the victim when someone is offering you a way out? Clearly playing the victim is key here, possibly as part of a compensation plea should they win a JR.
This is just a thought nothing more... What if the reason SISU say "Not for sale" is they're waiting for Ryton to be sold then might listen to offers. Don't forget Ryton is reputed to be worth £8m isn't it?
The first thing I expect to be asked for when involved in any purchase or sale is "proof of funds"
If I do not see them I do not go any further as it seems more a fishing exercise
So where are the "funds" ? Not just to purchase but operate the football club and invest?
Also the SBT say they have been organising this for two years - I am a member of the SBT so why have I not seen anything of this before or even the proposal now? When will we see the full proposal - before people act in my name I would like to see what they are saying on my behalf
Well the starting price would have to be more than £8million then if buying the company !
Pete the caller on the phone in has said the business model must be about investment beyond what the club earns. Does the Trust Aldi espouse this view?
If SISU can make a guaranteed £8m then they will. Then it might be "Barter time".
I think the Trust is shopping in Aldi ! ( predictive text ! :-( )
There appears to be no sensible proposal -in the CT or on the SBT website to its members
Yes, but there has been a headline article in the telegraph making fans think that the trust have bid for the club...
Yes, but there has been a headline article in the telegraph making fans think that the trust have bid for the club...
It went a lidl wrong there!I think the Trust is shopping in Aldi ! ( predictive text ! :-( )
There appears to be no sensible proposal -in the CT or on the SBT website to its members
It went a lidl wrong there!
Yes, but there has been a headline article in the telegraph making fans think that the trust have bid for the club...
But then:
Any deal would have required funds to have been raised through the issue of community shares and no offer to purchase the club was made
So they have no money nor confirmed investors but they expect to be listened to?
No. I thought I saw it expressly said 'there has been no bid' in the report.
They wanted preliminary talks to test the water. Maybe they would bid if they had an idea what Joy wanted.
The first thing I expect to be asked for when involved in any purchase or sale is "proof of funds"
If I do not see them I do not go any further as it seems more a fishing exercise
So where are the "funds" ? Not just to purchase but operate the football club and invest?
Also the SBT say they have been organising this for two years - I am a member of the SBT so why have I not seen anything of this before or even the proposal now? When will we see the full proposal - before people act in my name I would like to see what they are saying on my behalf
Do you know something we all don't? You don't know if the trust have got investors behind them, just as much as you don't know if there is funds made available either!
No it does not! It states the trust has asked and been rebuffed if SISU would discuss selling the Club.
Yes, how many people will look past it? I can guarantee some people will take that as there has been a takeover bid.
The same as people believed Kevin Keegan was linked.
Well the starting price would have to be more than £8million then if buying the company !
Sounds like you just described the very reasons that we don't own the Ricoh or any share of it. Did Higgs ever see proof of funds? No. I'm sure you'll forgive them for eventually selling to someone else then? Thought not.
If sold unencumbered. If not we're back to the club being worth a quid.
So did the "takeover" expect be the result of a gift?
Also the CT call is for SISU to "sell" the club
The reason there is no "bid" is the SBT has no real plan and above all no funds to make a bid
OK offer a quid - so where does the remainder ongoing investment come from?
Fishing exercise... this whole thing is to flush her out... we/ they want a figure - any figure - which would mean she wants to sell. Then perhaps someone who wants to buy will come out of the woodwork... she is cute enough to see this and repeats not for sale... she is waiting for a sensible bid...
So if it was just a fishing exercise why would she bother?
Do you know something we all don't? You don't know if the trust have got investors behind them, just as much as you don't know if there is funds made available either!
She didn't
She didn't
Did WASPs produce proof of funds to buy the other half owned by the Council?
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