£33m

Is that right?

The club already has the cash and is repaying the loan by issuing the new shares

Posted By: SimonOTBC on September 4th 2023 at 09:54:09

Message Thread

Parity shareholders as predicted … (NCFC) - loz, Sep 4, 09:34:22
- Paddy and Connor YouTube video explains everything pretty well (n/m) (NCFC) - DiscoDale, Sep 4, 11:42:51
- 'kinell at some of those terms (n/m) (NCFC) - CWC, Sep 4, 09:57:03
  - Be careful what you wish for... (n/m) (NCFC) - usacanary, Sep 4, 10:34:05
    - oh I dont care, they can sell the club for a pittance if they like. (n/m) (NCFC) - CWC, Sep 4, 12:16:45
    - Said it multiple times.... (NCFC) - usacanary, Sep 4, 10:47:56
      - I don’t think there’s any evidence of that at this stage (NCFC) - SimonOTBC, Sep 4, 10:51:05
  - Am I right in reading about this loan? (NCFC) - city_lad, Sep 4, 10:29:55
    - Yes (n/m) (NCFC) - SimonOTBC, Sep 4, 10:30:30
      - But 11% per annum interest (NCFC) - SimonOTBC, Sep 4, 10:31:16
        
        Yes that’s just a protective factor for him (n/m) (NCFC) - loz, Sep 4, 10:34:16
        
        Yes - although probably irrelevant for this loan (NCFC) - SimonOTBC, Sep 4, 10:45:58
  - indeedly (n/m) (NCFC) - Cardiff Canary, Sep 4, 10:27:02
- £33m (NCFC) - SimonOTBC, Sep 4, 09:54:09
  - Yes but only if shareholders agree … (NCFC) - loz, Sep 4, 10:15:03
    - I’m slightly unsure of the economics (NCFC) - SimonOTBC, Sep 4, 10:21:12
      - However you cut the numbers (NCFC) - JoeyDeacon, Sep 4, 11:08:14
        
        £25 per share for these (NCFC) - SimonOTBC, Sep 4, 11:30:26
        
        well yes - but probably no more so than usual, (NCFC) - Cardiff Canary, Sep 4, 11:42:14
        
        last para is spot on (NCFC) - CWC, Sep 4, 12:43:25
        
        I think the rich benefactor model may be kind of dying out at this level (NCFC) - mr carra, Sep 4, 13:02:58
        
        Quite (NCFC) - CWC, Sep 4, 13:56:25
        
        Out of curiosity, how have Brighton managed to get where they are with FFP? (n/m) (NCFC) - SimonOTBC, Sep 4, 13:08:23
        
        Oh, I'm sure they were definitely breaching it (NCFC) - mr carra, Sep 4, 13:17:28
        
        Are they not spending more than their turnover every season though? (NCFC) - SimonOTBC, Sep 4, 13:20:47
        
        Given the transfer fees they've received in the past couple of years I'd guess not now! (n/m) (NCFC) - mr carra, Sep 4, 13:21:43
        
        Everton are the poster boys for Prem FFP problems (NCFC) - mr carra, Sep 4, 13:23:51
        
        There is the possibility that the loan will be repaid (NCFC) - SimonOTBC, Sep 4, 13:00:56
        
        The thing that I haven’t seen yet is why £25 is considered to be the MV per share (NCFC) - SimonOTBC, Sep 4, 11:57:53
        
        doesn't the £25 per share come from the value agreed by Foulger? (NCFC) - Cardiff Canary, Sep 4, 12:20:21
        
        Balance sheet value does not normally equal MV (NCFC) - SimonOTBC, Sep 4, 12:30:10
        
        Yeah, wasn't trying to spell that out to you (NCFC) - Cardiff Canary, Sep 4, 12:53:00
        
        Yeah sorry, I wasn’t meaning to sound offended (NCFC) - SimonOTBC, Sep 4, 12:54:34
        
        lolf - I'm probably just sensitised (NCFC) - Cardiff Canary, Sep 4, 12:58:45
        
        Haha! (NCFC) - SimonOTBC, Sep 4, 13:05:51
        
        on the minority shareholders point (NCFC) - Cardiff Canary, Sep 4, 12:08:44
      - My numbers are rubbish (NCFC) - SimonOTBC, Sep 4, 10:31:58
- No takeover for a minimum 3 years as stipulated by Delia and M (n/m) (NCFC) - loz, Sep 4, 09:37:32
  - Told you (NCFC) - Chair_of_the_Bored, Sep 4, 09:46:08
    - any direction of travel over the next few years is down to MA (NCFC) - CWC, Sep 4, 12:34:11
    - I don’t think it’s that simplistic Delia has given away.. (NCFC) - loz, Sep 4, 12:29:19
      - if it's not written down... (NCFC) - Cardiff Canary, Sep 4, 13:04:40
        
        Surely the Takeover code heard more thought in order … (NCFC) - loz, Sep 4, 13:06:10
    - Why do you think that? (NCFC) - Ken Dodds Dads Dog, Sep 4, 09:59:19
  - Pray for Jim (n/m) (NCFC) - SCC 28, Sep 4, 09:39:44
- Done and dusted... (n/m) (NCFC) - usacanary, Sep 4, 09:35:48

Reply to Message

In order to add a post to the WotB Message Board you must be a registered WotB user.

If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.