BECAUSE HE DOES NOT NEED TO PAY ?56 MILLION

?56 million is what someone would need to pay to come in, buy 100% of the share capital, buy out all of the current directors, pay off all the debts and repay the directors loans plus guarantee ?20m for transfers.

In reality if he can reach a sensible agreement with Delia/MWJ and the Turners and can agree it with the banks he could acquire the stake he needs for about ?9m and still have them all on board as shareholders/directors.

Posted By: Jim on July 1st 2008 at 11:14:17

Message Thread

Cullme speaks back...... (NCFC) - moomoo, Jul 1, 10:47:38
- the best thing in that article.... (NCFC) - fleckmatic, Jul 1, 11:11:28
- I regard that as a very positive statement (NCFC) - TheHoolahanElement, Jul 1, 10:52:32
  - I agree..................... (NCFC) - usacanary, Jul 1, 10:58:56
    - Exciting times US ...this time tomorrow we could be millionaires (n/m) (NCFC) - TheHoolahanElement, Jul 1, 11:02:49
  - agreed; if he is happy to sit down.... (NCFC) - moomoo, Jul 1, 10:56:11
    - Difficult to imagine Delia or Cullum accepting the first thing on the table (n/m) (NCFC) - TheHoolahanElement, Jul 1, 11:01:19
      - Bingo! (n/m) (NCFC) - usacanary, Jul 1, 11:04:54
        
        I merely make the point because lots of people are clearly not thinking that way. (NCFC) - TheHoolahanElement, Jul 1, 11:10:56
        
        Yanks? (NCFC) - usacanary, Jul 1, 11:22:09
        
        Some people are just spoiling for an argument (NCFC) - Holden Caulfield, Jul 1, 11:11:38
- Man worth 1700m doesn't want to buy the club for 60m (NCFC) - pants, Jul 1, 10:51:58
  - You've decided on your position then, pants? (n/m) (NCFC) - Tricky Hawes, Jul 1, 11:16:07
    - On the fence really, I want what's best for the club (n/m) (NCFC) - pants, Jul 1, 11:29:45
  - Except, of course, he doesn't have 1700M, (NCFC) - CB41, Jul 1, 10:58:21
  - Doubt he's got ?1700m in cash (n/m) (NCFC) - Holden Caulfield, Jul 1, 10:54:13
    - Still doesn't scan very well though does it? (n/m) (NCFC) - pants, Jul 1, 10:56:20
      - Yes obviously he's got where he is by paying 5 times too much for everything (NCFC) - Jim, Jul 1, 10:59:47
        
        So what's to say he could just walk in and the club be run just the same? (n/m) (NCFC) - pants, Jul 1, 11:05:07
        
        yes you are right lets never sell to anyone just in case (NCFC) - Jim, Jul 1, 11:10:41
        
        Once he's got it signed sealed and delivered, he could do what he wants though (NCFC) - pants, Jul 1, 11:14:51
        
        Becauise contrary to what you may believe people don't do that (NCFC) - Jim, Jul 1, 11:17:00
        
        Delia and Michael certainly didn't! (n/m) (NCFC) - Holden Caulfield, Jul 1, 11:17:59
        
        Why should if Delia and MWJ want full (NCFC) - Holden Caulfield, Jul 1, 11:15:56
        
        well, they certainly increased the value of their shares in october (NCFC) - phrankin, Jul 1, 11:25:34
        
        This isn't about winning an argument, if thats what you want (NCFC) - pants, Jul 1, 11:17:59
        
        If that's what I want?!!! (NCFC) - Holden Caulfield, Jul 1, 11:20:43
        
        I haven't resorted to insults (NCFC) - pants, Jul 1, 11:24:46
        
        I don't think I have either (NCFC) - Holden Caulfield, Jul 1, 11:26:09
      - No better or worse than the Smiths (NCFC) - Holden Caulfield, Jul 1, 10:58:52
  - He is a also a very shrewd businessman. (NCFC) - TheHoolahanElement, Jul 1, 10:53:49
    - Could also be a bad thing if he's the wrong type of shrewd businessman (n/m) (NCFC) - pants, Jul 1, 10:55:05
      - Why would a Norwich fan from Norwich (NCFC) - Holden Caulfield, Jul 1, 10:55:37
        
        I think you'll find that consent is not an issue if the price is tweaked (n/m) (NCFC) - TheHoolahanElement, Jul 1, 10:58:39
        
        So he's a fan when it suits, and shrewd business man when it suits? (n/m) (NCFC) - pants, Jul 1, 10:58:35
        
        Yes, exactly the same as Delia (n/m) (NCFC) - Holden Caulfield, Jul 1, 10:59:53
        
        Except She's already proven over the last decade that she does the best for the club (NCFC) - pants, Jul 1, 11:04:14
        
        That's a very closed minded attitude (NCFC) - Holden Caulfield, Jul 1, 11:05:28
        
        But isn't cullum displaying already? (NCFC) - pants, Jul 1, 11:08:24
        
        Has he backed off? Oh (n/m) (NCFC) - Holden Caulfield, Jul 1, 11:09:10
        
        He's unwilling to to pay 56m (NCFC) - pants, Jul 1, 11:10:18
        
        BECAUSE HE DOES NOT NEED TO PAY ?56 MILLION (NCFC) - Jim, Jul 1, 11:14:17
        
        And Delia dn Michael don't need to sell (n/m) (NCFC) - pants, Jul 1, 11:16:29
        
        What the hell are you talking about you idiot? (NCFC) - Jim, Jul 1, 11:19:46
        
        You don't really understand business negotiations do you pants? (n/m) (NCFC) - Holden Caulfield, Jul 1, 11:10:52
        
        I understand that Delia and Michael have something more powerful than 20m (n/m) (NCFC) - pants, Jul 1, 11:16:05
        
        BULLSHIT!!! we couldnt even afford an extra 250K for taylor in January (NCFC) - phrankin, Jul 1, 11:24:25
        
        Good evasion (n/m) (NCFC) - Holden Caulfield, Jul 1, 11:16:40
        
        Well played, you can take shouty capitals Jim with you (n/m) (NCFC) - pants, Jul 1, 11:19:24
        
        No, you have played a blinder because I have never been arguing (n/m) (NCFC) - Holden Caulfield, Jul 1, 11:22:47
- sorry *Cullum* speaks back (n/m) (NCFC) - moomoo, Jul 1, 10:48:18

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