I wouldn't complain at all if they loaned the money

and charged a relatively low rate of interest, with a smallish dividend payable should the club make a massive jump in income.

That is pretty much the definition of being good and responsible owners - not milking the club. So you're projections are inaccurate.

This specific bond is not really the point anyway; it is just a reflection of their wider leadership of the club. The owners unability or unwillingness to provide necessary finance, combined with their unwillingness to sell, is not a great combination in modern day football.

And fleecing the fans with among the highest ticket prices in the division, while at the same time depending on fan investment to keep the academy afloat, suggests that either the owners can't compete financially in the current football industry, or that they are financially incompetent. Either way, it doesn't look too sustainable.

Posted By: Mecagoenti on March 9th 2018 at 17:28:12

Message Thread

Thoughts on the Basildon Bond - Apologies longer than a Bigfeller Post! (NCFC) - biffbro, Mar 9, 15:42:36
- Why's it called a Basildon Bond? (n/m) (NCFC) - essexcanaryOTBC, Mar 9, 21:29:49
- Club credit can not be offset against your season ticket. (NCFC) - The Gaffer, Mar 9, 16:39:59
  - SO basically it's for matchday pies (NCFC) - Old Man, Mar 9, 16:42:03
- Why won't the club secure it? (n/m) (NCFC) - Larry Hagman, Mar 9, 16:35:33
- Tifosy "launched the first ever football mini-bond — retail bonds that cannot be resold" (NCFC) - Ralf Scrampton, Mar 9, 16:09:16
- think you make a lot of good points except (NCFC) - pab, Mar 9, 16:06:44
  - Ok lets say there is a 40% chance of promotion (NCFC) - usacanary, Mar 9, 16:14:13
    - and a 40% chance of relegation (NCFC) - Mecagoenti, Mar 9, 16:43:10
- Dont you come on here with all your truthful facts.... (NCFC) - usacanary, Mar 9, 16:06:23
- Fill the gap? (NCFC) - The Mascara Creosote, Mar 9, 16:05:24
  - If I remember correctly (NCFC) - biffbro, Mar 9, 16:24:35
    - "to say the same administration is incorrect" (NCFC) - Clairvoyant Creosote, Mar 9, 17:19:06
    - and to fill the ITV Digital shortfall (NCFC) - Henclrikus, Mar 9, 16:54:14
  - Its clear by recent statements the board learned from (NCFC) - usacanary, Mar 9, 16:11:06
    - Is it clear, or is this just flavour of the month? (NCFC) - Mecagoenti, Mar 9, 16:41:50
      - What if the world ends.... (NCFC) - usacanary, Mar 9, 16:52:03
        
        it's nothing to do with hating the board (NCFC) - Mecagoenti, Mar 9, 17:02:42
        
        LOL so if they stumped up the loans... (NCFC) - usacanary, Mar 9, 17:07:03
        
        I wouldn't complain at all if they loaned the money (NCFC) - Mecagoenti, Mar 9, 17:28:12
        
        So you want free tickets and the owners to pay for everything (NCFC) - usacanary, Mar 9, 18:01:45
        
        No I don't want that (NCFC) - Mecagoenti, Mar 9, 19:01:33
  - So are you for or against the Jenny Bond? It's not clear. (n/m) (NCFC) - Dunney, Mar 9, 16:10:08
    - Hmmm (NCFC) - The Mascara Creosote, Mar 9, 16:11:04
      - I think you are coming round to it. (NCFC) - Dunney, Mar 9, 16:17:29
        
        To be totally honest (NCFC) - The Mascara Creosote, Mar 9, 16:19:14

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