Pitch87's latest activity

Haha, this is probably a wind-up but on the off chance it isn't, so if you were asked to invest £1000 in a property deal, you would...

Agreed it's not a valuation exercise, it is about new investment but if that investment comes in the form of equity (particularly if...

Exactly what I meant. The EFL have no jurisdiction over what the debt/equity in the club is, so long as we meet PSR. That’s my...

Very possible, could well be Doug but strange to change MO.

Not an expert on PSR but think that restricts losses (not amount of debt). Interest free loans have no impact on P&L (losses).

I agree with this. It’s not just a share issue, but a whole new class of shares too. Loaning money would have been much easier, and...

Yes could be Doug, fully agree but why issue new shares when the previous new money (£30m+) that Doug has invested post acquisition has...

Broadly agree, except that a minority share will be at a discount because of the lack of control. So, (usually) the value of a 100%...

These are WUM accounts. They only come on to get a reaction. I wouldn’t try using logic or facts to persuade them.

That's the definition of the equity value. We may not agree that it is a rationale valuation by normal metrics but a willing buyer has...

It's £15m for a 10% stake (calculation above).

It more than implies, it's a factual calculation.

Looks like an external investor has invested £15m and now owns 10% of the club. The calculation is 11,000,000 original shares +...