Careful what you wish for...

Whist this could be seen as positive news, I'll reserve judgement until we see the finer detail.

My view of asset management capital institutions isn't that great.

Attanasio and the Brewers model suggests this will be the same thing with different suits.

Happy if proved wrong, but can't see a lot of cash being spent, except on infrastructure that will generate ROCE or similar.

Posted By: Worthing Yellow on August 12th 2024 at 14:25:39

Message Thread

Attanasio takes control (n/m) (NCFC) - Bertie Russell, Aug 12, 14:02:10
- Careful what you wish for... (NCFC) - Worthing Yellow, Aug 12, 14:25:39
  - Yes, but we have to gamble (n/m) (NCFC) - DH Yellow, Aug 12, 14:50:08
  - Converting debt to shares with D&M accepting a dilution (NCFC) - jamesward, Aug 12, 14:33:43
    - Puts Delia & MWJ into a very exclusive club (NCFC) - Henclrikus, Aug 12, 14:45:39
      - It is remarkable (NCFC) - Cardiff Canary, Aug 12, 14:51:06
      - Yes, they've effectively given away £59M (NCFC) - Worthing Yellow, Aug 12, 14:50:56
  - Indeedly (NCFC) - Cardiff Canary, Aug 12, 14:30:06
  - Damned if we do, damned if we don't, I suspect (n/m) (NCFC) - Yellalee, Aug 12, 14:26:53
    - Indeed, got to take a punt...just hope it works out (n/m) (NCFC) - Worthing Yellow, Aug 12, 14:29:43
- The cue for Jim, loz etc to head for their local bookies and put their mortgages on Nodge (NCFC) - NxNW, Aug 12, 14:23:07
- i wonder what bought that forward (NCFC) - ghostof barry butler, Aug 12, 14:19:59
  - maybe they just realised that we can't wait for change. (NCFC) - camcan, Aug 12, 14:22:00
    - that was what i was alluding too ...but didn't want to mention (NCFC) - ghostof barry butler, Aug 12, 14:29:17
    - That was my first fear. (n/m) (NCFC) - Yellalee, Aug 12, 14:25:13
      - yep - my instant reaction too (NCFC) - camcan, Aug 12, 14:31:43
      - Wouldn't be a huge shock if dear old Michael wasn't well would it? (NCFC) - lurd, Aug 12, 14:27:20
        
        Think of all those failed recipes he's had to taste (n/m) (NCFC) - Henclrikus, Aug 12, 14:38:31
- Anyone understand what happens to Delia and Michael's shares? (NCFC) - 51eve, Aug 12, 14:15:51
  - Newcastle are paying half (n/m) (NCFC) - inutero, Aug 12, 14:20:02
  - I presumed it was just a dilution (NCFC) - camcan, Aug 12, 14:19:59
  - When it says diluted (NCFC) - Cardiff Canary, Aug 12, 14:18:31
    - Missed that part in the statement, thanks (NCFC) - 51eve, Aug 12, 14:20:27
      - A 10% stake in a majority owned private company (NCFC) - Cardiff Canary, Aug 12, 14:24:09
        
        And will likely be entirely forgotten in the ensuing maelstrom. I hope I'm wrong. (n/m) (NCFC) - Yellalee, Aug 12, 14:26:07
        
        I know we've all had frustrations with them (NCFC) - camcan, Aug 12, 14:31:06
        
        Well said (NCFC) - norwaay, Aug 12, 15:28:21
        
        Completely (n/m) (NCFC) - Yellalee, Aug 12, 15:26:53
        
        Vmt (NCFC) - Cardiff Canary, Aug 12, 14:47:42
        
        Absolutely this (n/m) (NCFC) - APB, Aug 12, 14:34:41
        
        Shareholders won’t be offered ££ to sell shares though … (NCFC) - loz, Aug 12, 14:30:58
        
        Probably (NCFC) - Cardiff Canary, Aug 12, 14:43:27
- Are we now debt free?: (NCFC) - Thegelman, Aug 12, 14:13:40
- Debt free now? (NCFC) - SCC 28, Aug 12, 14:13:38
  - How the fuck did we rack up so much debt on so much shite in the first place? Awful. (n/m) (NCFC) - JD3, Aug 12, 14:20:36
- Shocked. (NCFC) - Cardiff Canary, Aug 12, 14:11:05
- Fair play to Delia and WJ, thanks for everything and doing this. We need to move on (n/m) (NCFC) - DH Yellow, Aug 12, 14:10:29
  - Yep life presidents a nice title for them to (n/m) (NCFC) - loz, Aug 12, 14:10:50
- Blimey MASSIVE news that (NCFC) - SCC 28, Aug 12, 14:03:11
  - Did not expect that at all. (NCFC) - camcan, Aug 12, 14:07:50
    - New board member (NCFC) - loz, Aug 12, 14:09:00
      - Could be Attanasio's brother! Looks very similar. (n/m) (NCFC) - JD3, Aug 12, 14:27:16
  - Hooge news bolt from the blue (n/m) (NCFC) - loz, Aug 12, 14:05:36
    - Will they still have a %? (n/m) (NCFC) - SCC 28, Aug 12, 14:09:05
      - All the info is here (NCFC) - Henclrikus, Aug 12, 14:25:18
      - 10% (n/m) (NCFC) - thirsty work, Aug 12, 14:09:45
        
        Cheers and the nephew still involved? (n/m) (NCFC) - SCC 28, Aug 12, 14:11:39
        
        Tom's inheritance up in flames (n/m) (NCFC) - jamesward, Aug 12, 14:44:15
        
        And Mrs W (NCFC) - camcan, Aug 12, 14:17:38
        
        Yep, staying on the board (n/m) (NCFC) - thirsty work, Aug 12, 14:14:33
        
        Yep. (n/m) (NCFC) - lurd, Aug 12, 14:14:12

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