Like most "investors" he assumes the risk but..

He will essentially buy the club with it's own money over the long term.
The risk is minimal because we have physical assets and future money promised.
IMHO the debt is overblown. If we carried that debt with a financial institution instead of Mark we would probably pay a lot less interest.
The major risk is the collapse of the transfer model in the EFL which was recently mentioned.

Posted By: usacanary on October 9th 2024 at 11:09:19

Message Thread

This "explainer" is just a copy and paste from the shareholders' document (NCFC) - norwaay, Oct 9, 07:52:28
- To be honest, the exact mechanics of all this dont matter that much (NCFC) - Under soil heating, Oct 9, 09:53:57
  - I'm fine with getting my 83 shares diluted, considering the alternatives (NCFC) - Kev, Oct 9, 19:20:33
  - And also to Delia and Michael (NCFC) - Old Man, Oct 9, 10:30:44
  - Good summary - not sure about the tax bit though (NCFC) - SimonOTBC, Oct 9, 10:19:53
    - Not so fast....Some financial decisions can be made... (NCFC) - usacanary, Oct 9, 11:01:22
      - Yes, fair enough (NCFC) - SimonOTBC, Oct 9, 11:27:14
  - Hi Mr Attanasio (n/m) (NCFC) - Jumbo1, Oct 9, 10:08:52
  - Agree. But as I said... "explainer" (n/m) (NCFC) - norwaay, Oct 9, 09:55:41
    - It's clearly an area Connor doesn't understand (NCFC) - SimonOTBC, Oct 9, 10:21:26
    - Conner should have come to me! Feel free to copy my post! :-) (n/m) (NCFC) - Under soil heating, Oct 9, 09:57:10
      - 😄 (n/m) (NCFC) - norwaay, Oct 9, 10:00:38
    - ... (NCFC) - Under soil heating, Oct 9, 09:56:40
- Most people will have no real idea what it means (NCFC) - norwaay, Oct 9, 09:45:07
  - VMT (NCFC) - SimonOTBC, Oct 9, 10:24:16
  - Sorry - meant for The Grump (n/m) (NCFC) - norwaay, Oct 9, 09:45:55
- On Monday the U21s played Reading. (NCFC) - Henclrikus, Oct 9, 08:34:50
- Doesn’t he say in one line (NCFC) - Dog, Oct 9, 08:14:29
  - Like most "investors" he assumes the risk but.. (NCFC) - usacanary, Oct 9, 11:09:19
    - I don't think there's any prospect of dividends actually being paid (NCFC) - SimonOTBC, Oct 9, 11:33:08
  - shares are equity, not debt. Dividends are not debt repayments. (n/m) (NCFC) - Tony Martin, Oct 9, 09:08:06
    - I get what Dog is saying. (NCFC) - NxNW, Oct 9, 09:26:00
      - That would depend on the payment terms though (NCFC) - SimonOTBC, Oct 9, 10:28:12
      - Not having access to all the docs, I dont think this is plan (NCFC) - Under soil heating, Oct 9, 10:07:07
    - Think there are PSR considerations as well… (NCFC) - loz, Oct 9, 09:09:38
- Perfectly clear (n/m) (NCFC) - TheGrump, Oct 9, 08:08:53

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.