it's win win for everybody

if Delia accepted the offer - I don't buy the argument it would negatively affect the value of Delia's shares, because at the moment, they're worth f**k all. Shares are only worth what somebody is willing to pay for them, and 50% (or whatever her holding is) of a company losing millions each year is worth far less than 10% of a company with ?20m in the bank.

Posted By: bjg123 on November 13th 2008 at 10:18:36

Message Thread

Cullum speaks (NCFC) - lovely old job, Nov 13, 08:38:07
- it's win win for everybody (NCFC) - bjg123, Nov 13, 10:18:36
  - it won't be a company with ?20m in the bank though (NCFC) - mr carra, Nov 13, 10:34:59
    - unless ?16m of it was spent on the repayment of the bank debt (NCFC) - blindasabat, Nov 13, 10:46:02
      - in which case there's nowt extra for players (NCFC) - mr carra, Nov 13, 11:11:14
        
        because a change of person at the top might be a good thing? (NCFC) - blindasabat, Nov 13, 11:18:28
  - You're forgetting the club's assets (NCFC) - BerlinCanary, Nov 13, 10:32:02
- very clever public speaking by the club then... (NCFC) - Tony Martin, Nov 13, 09:38:51
  - which to my mind was what was meant by a propositon rather than an offer (NCFC) - blindasabat, Nov 13, 09:58:49
- Amazing. When exactly are we going to get a better deal? (n/m) (NCFC) - Steve, Nov 13, 09:28:40
  - half eight (n/m) (NCFC) - malkybarkid, Nov 13, 10:10:03
  - Well, that's the question isn't it? (NCFC) - BerlinCanary, Nov 13, 09:51:00
- I had a feeling this was coming. The statement ' HE NEVER MADE AN OFFER ' BS. (n/m) (NCFC) - songwriter81, Nov 13, 09:23:06
- SO basically he offered them 20m, for fuck all, to buy some players with (NCFC) - DiscoDaleGordon, Nov 13, 08:52:07
  - No (NCFC) - BerlinCanary, Nov 13, 09:01:22
    - That's the clincher IMO, Cullum WOULD have been majority share holder (NCFC) - harry boulders, Nov 13, 09:47:47
      - its not about being 'knocked off her perch' (NCFC) - mr carra, Nov 13, 10:38:38
    - Which is the way any new investment would be made isnt it? (NCFC) - DiscoDaleGordon, Nov 13, 09:13:57
      - No, of course it isn't (NCFC) - BerlinCanary, Nov 13, 09:38:55
        
        Still seems strange to me, we are practically begging for investment (NCFC) - DiscoDaleGordon, Nov 13, 09:51:46
        
        Can't understand it.. unless it is that Delia has to be No 1 .. (NCFC) - colincanary, Nov 13, 10:07:00
        
        if that was what she wanted then it strikes me as being better to follow up this propositi (NCFC) - blindasabat, Nov 13, 10:12:47
        
        who knows ? This one will run and run... (n/m) (NCFC) - colincanary, Nov 13, 10:14:32
        
        Matthew Gibson? (NCFC) - blindasabat, Nov 13, 10:17:56
        
        Quite (NCFC) - BerlinCanary, Nov 13, 09:58:20
        
        I just dont think they really want to sell (n/m) (NCFC) - DiscoDaleGordon, Nov 13, 10:05:52
        
        think that's EXACTLY wrong (NCFC) - mr carra, Nov 13, 10:40:44
        
        No he doesn't (NCFC) - BerlinCanary, Nov 13, 10:47:00
- If Cullum's money isn't good enough then they can't expect us to "donate" for transfers (n/m) (NCFC) - Ben, Nov 13, 08:44:14
  - I dont understand how a deal could not be reached.... (NCFC) - Superstar D J, Nov 13, 08:52:32
    - I struggle to understand too (NCFC) - BerlinCanary, Nov 13, 09:04:55
      - well the board have said all along that no one has made an offer to buy the club (NCFC) - lovely old job, Nov 13, 09:08:21
        
        I guess you're right and it's not very helpful of them (NCFC) - BerlinCanary, Nov 13, 09:44:29
        
        I can see both sides but Delia stating that she needs to work hard at the age of 67 just (NCFC) - lovely old job, Nov 13, 09:53:00
        
        Money though... (NCFC) - BerlinCanary, Nov 13, 10:01:37
        
        They've been disingenuous at best by the sounds of it. (n/m) (NCFC) - yarmyyarmy, Nov 13, 09:46:32

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