FFS

NCFC say Cullum made no offer to buy anyone's shares.
Cullum says he made no offer to buy anyone's shares.

What he wanted to do was to pay ?20 million for newly-created shares. This meant that the ?20 million would go to NCFC rather than the existing shareholders, and despite Mrs Wynn-Jones's numerous previous statements to the contrary that was not acceptable.

Posted By: Bryan Salad Surgery on February 15th 2009 at 00:19:42

Message Thread

What Year did Delia Take Over? (n/m) (NCFC) - SeattleSounders, Feb 14, 22:51:50
- 1996 (NCFC) - Fozzybear, Feb 14, 22:55:42
  - Was Bored (NCFC) - SeattleSounders, Feb 14, 23:07:44
    - you'll have taken over and be pumping in your hard earned? (n/m) (NCFC) - Ralf Scrampton, Feb 14, 23:26:15
      - Don't Get Me Wrong (NCFC) - SeattleSounders, Feb 14, 23:32:49
        
        pretty similar to this - though hopeful of a gradual improvement (NCFC) - Ralf Scrampton, Feb 14, 23:37:18
        
        Way Less than the 50 Some Million (NCFC) - SeattleSounders, Feb 14, 23:41:08
        
        except the club never was valued at ?50m... (n/m) (NCFC) - Ralf Scrampton, Feb 14, 23:43:16
        
        The price quoted to buy 100% of the shares was ?16 million (NCFC) - Bryan Salad Surgery, Feb 14, 23:46:38
        
        I Have to Think Cullum (NCFC) - SeattleSounders, Feb 14, 23:49:01
        
        I think you dont actually think. (NCFC) - Yellalee, Feb 14, 23:55:49
        
        except Cullum didn't meet that valuation (n/m) (NCFC) - Ralf Scrampton, Feb 14, 23:52:37
        
        Because she Overvalued it (n/m) (NCFC) - SeattleSounders, Feb 14, 23:58:09
        
        I doubt Cullum offered any meaningfull amount for her shares (NCFC) - Ben, Feb 15, 00:03:45
        
        It's notoriously difficult to put a value on a company (NCFC) - Worzel Scrimmage, Feb 15, 00:10:41
        
        and here is an example (NCFC) - Worzel Scrimmage, Feb 15, 00:14:37
        
        FFS (NCFC) - Bryan Salad Surgery, Feb 15, 00:05:24
        
        Let's cut the spin out of this (NCFC) - Ben, Feb 15, 00:11:11
        
        FFS (NCFC) - Bryan Salad Surgery, Feb 15, 00:19:42
        
        Which amounts to the same thing (NCFC) - Ben, Feb 15, 00:25:32
        
        ... (NCFC) - Yellalee, Feb 15, 00:26:49
        
        My memory fails me on this now, (NCFC) - Yellalee, Feb 15, 00:22:13
        
        the ?16m valuation comes from the figures on the official site (NCFC) - Ralf Scrampton, Feb 15, 00:01:37
        
        I'm Not an Accountant (NCFC) - SeattleSounders, Feb 14, 23:46:05
        
        not really, no (n/m) (NCFC) - Ralf Scrampton, Feb 14, 23:50:06
        
        No I don't think so (NCFC) - Bryan Salad Surgery, Feb 14, 23:48:17
  - No, no , no... (NCFC) - Ben, Feb 14, 23:07:29

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