Lets Buy it! (8 Viewers)

[grego_gee]

Sisu want to liquidate (click on this!)

10,000 core fans pay £100 each = £1m
once =1m
twice=2m
three times=3m

can we buy it? imp:

 

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[MickeyQuinnsHorse]

Sisu want to liquidate

10,000 core fans pay £100 each = £1m
once =1m
twice=2m
three times=3m

can we buy it? imp:

I'll throw in a Greggs pastie to keep the fattie happy, must be worth half the club at the going rate today. No assets = no value.

 

[Cov City Daytrader 87]

I'll throw in a Greggs pastie to keep the fattie happy, must be worth half the club at the going rate today. No assets = no value.

I thought he's at Southend at the moment!

 

[grego_gee]

click on the top line! SISU are threatening to liquidate ....!!! imp:

 

[Cov City Daytrader 87]

Sisu want to liquidate

10,000 core fans pay £100 each = £1m
once =1m
twice=2m
three times=3m

can we buy it? imp:

You'll definately gonna needs bigger room for 10,000 fans to hold a business talk meeting round the table with Sisu.

 

[Houchens Head]

click on the top line! SISU are threatening to liquidate ....!!! imp:

I have done. I see Richard Keys is mentioned? Say no more!

 

[grego_gee]

let Hoff lead it?.... imp:

 

[WeAreMany]

Absolutely, we all need to get behind the sky blue trust. The amount paid by each fan should be the same as a season ticket (£300) with the promise of a seasons free entrance for ‘shareholders‘ once we take over the club. If we could get the 10,000 that were chanting SISU that would be £3 million (and I suspect gives us significantly more money than SISU). Turnover at a fan owned club would much higher than under SISU so this has to be a goer. Does the Sky Blue Trust still exist? If so we all need to get together and flesh out a plan.

 

[Marty]

I don't mind collecting all the money.

 

[grego_gee]

Do I hear a lot of steps? (backwards?) ..... imp:

 

[Kilblane]

Sisu want to liquidate (click on this!)

10,000 core fans pay £100 each = £1m
once =1m
twice=2m
three times=3m

can we buy it? imp:

Oh do fuck off you total moron

 

[grego_gee]

with the promise of a seasons free entrance for ‘shareholders‘ once we take over the club.

not a good first move squire! you've given away the first years income before we started! imp:

 

[grego_gee]

Oh do fuck off you total moron

that's what I like, Constructive Criticism! imp:

 

[Kilblane]

that's what I like, Constructive Criticism! imp:

That is one of the most ridiculous suggestions ever, hence moron!!

 

[skyblueprincess]

I would like some change from my hundred please

 

[grego_gee]

Germany
All German football clubs—except for some historic works teams that are allowed to maintain their company affiliation, such as Volkswagen's VfL Wolfsburg and Bayer's Bayer 04 Leverkusen—are required to have at least 51% member ownership; when Red Bull purchased the playing license of the Leipzig-area club SSV Markranstädt and renamed the football team RB Leipzig, it could only acquire 49% of the shares, and could not use the full Red Bull name due to other German rules. Member ownership is also the standard in most other professional sports leagues. Apart from the aforementioned Wolfsburg, Bayer Leverkusen and RB Leipzig, some other football clubs enjoy strong backing of local industries or of deep-pocketed individuals, such as 1899 Hoffenheim (backed by SAP cofounder Dietmar Hopp, who played in the club's youth setup).
In some cases fans have also re-founded bankrupt or otherwise disappeared clubs, one such example is Lokomotive Leipzig. imp:

 

[grego_gee]

Wiki: list of fan owned sports teams imp:

 

[grego_gee]

red-icul-arse! imp:

 

[grego_gee]

Tell you what. Why don't you pay £300 every year just to watch it! imp: red-icul-arse!

 

[skybluehugh]

I'll throw in a Greggs pastie to keep the fattie happy, must be worth half the club at the going rate today. No assets = no value.

But can you afford the pastie with 20% vat

 

[grego_gee]

I would like some change from my hundred please

I'll give you a packet of crisps and a curly wurly! imp:

 

[WeAreMany]

Of course you wouldn't (give away the first seasons ticket sales). I'm not proposing that we then give that money to SISU. I'm suggesting we then offer them a quid or force them into admin and present the best deal to creditors. We'd still have the first years season ticket money plus we would be paying significantly lower tax on the receipts.

 

[Cov City Daytrader 87]

I'll give you a packet of crisps and a curly wurly! imp:

Let me have a think........





NO DEAL.

 

[TheParsonsHose]

I wish keys would lose his twitter account password sometimes.

 

[MickeyQuinnsHorse]

But can you afford the pastie with 20% vat

I wasn't suggesting that it was a hot pastie.

 

[Mentum]

I'd be up for this.

 

[SkyBlueUkeman]

You'd be buying:

less than fuck all. Look at these figures from the last company check: http://companycheck.co.uk/company/03056875

What fucking maniac would buy this club? we are too far in the red to become fan operated. You are dreaming. (Plus, to base something on what RICHARD KEYS has said is fucking moronic.)

And here is a HOLDINGS account for the club: http://companycheck.co.uk/company/00094305

 

[WeAreMany]

What Richard Keys said is irrelevant. This is about presenting a viable alternative to SISU, the downward spiral and possible liquidation. As you rightly point out the club is worthless as an investment and the club is of negative value to anyone other than the fans. So what is the other solution - wait for a loon with a billion pounds burning a whole in his pocket? Fan ownership would almost certainly provide the highest turnover for the club. Right now it is the least worst option and the only one that we as fans can do anything about.

 

[grego_gee]

You'd be buying:

less than fuck all. Look at these figures from the last company check: http://companycheck.co.uk/company/03056875

What fucking maniac would buy this club? we are too far in the red to become fan operated. You are dreaming. (Plus, to base something on what RICHARD KEYS has said is fucking moronic.)

And here is a HOLDINGS account for the club: http://companycheck.co.uk/company/00094305

Actually if you look I think you'll find it was me that first posted those links! imp:
the point is SISU own all the debts. Apparently they want out and all they can get is £3m. If we can buy it from them or the liquidator we clear all the debts and go back to Zero! imp:

 

[rob9872]

This isn't such a crazy idea is it?

Shares at £300 each for a takeover fund placed in an account that is ring-fenced for a takeover with a rule that if we don't get enough or a better offer arrives in the interim period of collection, then the money can be guaranteed to be retuned. A board is appointed that will work for free. One vote per share so the heaviest investors get more votes and more say in who should or shouldn't be on the board and guaranteed places on the board for a fixed period of eg three years to get some stability (I vote OSB for FD if he would do the first 12 months for free). We would need to sell 10,000 shares to safeguard our club, and have a say in its future, effectively all we need to do is the approx 10,000 of us who have season tickets pay double for one season only. Some wouldn't do it, others I'm sure can manage multiple shares.

We wouldn't have any money to invest but I think if it was our club, then we would be happy supporting a team full of kids even if it meant league 2 on the proviso that we could see a light at the end of the tunnel.

We would surely be a more attractive proposition for a further takeover too than one with £30m of debt. There would have to be rules that we couldn't over-extend ourselves because of the nature of the shares, but I think we'd get more fans through the gates too as we know we would be filling our war-chest and not an empty businessmans false promise. IF we ever got fortunate and got to the promised land of the EPL your share would be worth a healthy sum too.

I guess it's unlikely to ever happen but why not?

 

[dadgad]

Why not, indeed!
It's a good idea.
Proper community club.
Way to go.

 

[grego_gee]

This isn't such a crazy idea is it?

Shares at £300 each for a takeover fund placed in an account that is ring-fenced for a takeover with a rule that if we don't get enough or a better offer arrives in the interim period of collection, then the money can be guaranteed to be retuned. A board is appointed that will work for free. One vote per share so the heaviest investors get more votes and more say in who should or shouldn't be on the board and guaranteed places on the board for a fixed period of eg three years to get some stability (I vote OSB for FD if he would do the first 12 months for free). We would need to sell 10,000 shares to safeguard our club, and have a say in its future, effectively all we need to do is the approx 10,000 of us who have season tickets pay double for one season only. Some wouldn't do it, others I'm sure can manage multiple shares.

We wouldn't have any money to invest but I think if it was our club, then we would be happy supporting a team full of kids even if it meant league 2 on the proviso that we could see a light at the end of the tunnel.

We would surely be a more attractive proposition for a further takeover too than one with £30m of debt. There would have to be rules that we couldn't over-extend ourselves because of the nature of the shares, but I think we'd get more fans through the gates too as we know we would be filling our war-chest and not an empty businessmans false promise. IF we ever got fortunate and got to the promised land of the EPL your share would be worth a healthy sum too.

I guess it's unlikely to ever happen but why not?

As a first step.
People could pay money into the fund instead of buying next seasons season ticket?
that would put more pressure on SISU.

But perhaps we should research it properly, maybe find ut how they do it in germany.
We should also not discuss it where SISU can read it.....
imp: