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Author Topic: How much is club worth?  (Read 2468 times)
Bushey Boy

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« on: Monday, September 25, 2006, 13:39:49 »

without the loans/investments made by wills.  If wills was to go would he want the money back (id say he would) or would he hand over the club with all debts apart from his?

For example Ken Bates bought chelsea with debts for £1, as was the purchase of Rover?
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RobertT

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« Reply #1 on: Monday, September 25, 2006, 13:46:33 »

The club is worth £0 or less.

To purchase it is likely £1 would be the sum , to show "consideration" in law.  The negotiation though would surround the "loans" made to the club by SSW (unfortunately, donations should never be paid back, so he'll always have to accept losing any).  It's unlikely 100% would be repayable, but in any event any repayment would be better than he is getting right now.

So you'd have to offer some sort of repayment structure of his loans and probably satisfy the league that the club could trade for 2 years or so and pay the CVA.
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TheKingCY

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« Reply #2 on: Monday, September 25, 2006, 14:24:42 »

You thinking about getting a small syndicate together to buy the club then Bushey Boy?  I'm in...
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eality is just an illusion caused by lack of alcohol...
Bushey Boy

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« Reply #3 on: Monday, September 25, 2006, 14:27:26 »

nah, I dont have the time or patience to be honest.  Id say if theres 100 supporters willing to put in 5k each it would be a start but depeneds on what the current board would want etc.

Swindon has many peopel that are doing well with a fair bit of cash floating about.  to get a hard core number pumping in money would be excellent.  Not sure even the trust could manage it though.

Just a silly pie in the sky idea.
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RobertT

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« Reply #4 on: Monday, September 25, 2006, 14:41:07 »

From reading their site, the Trust have a loan scheme wiht the Co-Op Bank.  you take out a loan with the Co-Op with the money going to buy shares in the club.  So if you have a spare bit of monthly income available you can invest this way.

have to say anything beyond a packet of crisps is beyond me at present!!!
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McLovin

« Reply #5 on: Monday, September 25, 2006, 14:52:46 »

On this subject, if 33% of the club is valued at £1m (Mr Powers investment), then the whole kaboodle could be argued to be worth £3m.  A little nugget i have heard is that Mr Power wanted the whole lot for this price, but Newbury wouldn't budge from a £10m estimation.

This could, of course, be bollocks. If it is deemed so, can a mod delete it. I dont want to be needlessly adding to crap by adding more crap, just thought i'd air it.
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Bushey Boy

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« Reply #6 on: Monday, September 25, 2006, 14:59:13 »

may have to pop onto the tust site.  To be honest I havent ever got involved with the trust.  Not 100% sure why but are there any plans to try and raise enough to seriously get a board member? I heard you had raised 25k which is a start but dont knwo this for sure?
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Ralphy

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« Reply #7 on: Monday, September 25, 2006, 15:53:43 »

Would be nice to have £5k floating around to invest!
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Bushey Boy

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« Reply #8 on: Monday, September 25, 2006, 15:57:30 »

you get what I mean ralph.
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Samdy Gray
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« Reply #9 on: Monday, September 25, 2006, 16:02:01 »

It's all well and good getting 100 fans to invest £5k each, but that still wouldn't even cover the clubs current deficit of £750,000 a year.
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Ralphy

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« Reply #10 on: Monday, September 25, 2006, 16:05:55 »

TBH who would want to invest in us??

Hardly good business is it.

If you had serious money and wanted to invest in a business, would STFC be top of your list?
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sonic youth

« Reply #11 on: Monday, September 25, 2006, 16:07:27 »

It'd be top of my list.
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Ralphy

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« Reply #12 on: Monday, September 25, 2006, 16:09:13 »

As much as i love my club, I wouldn't want to throw away money.
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Spencer_White

« Reply #13 on: Monday, September 25, 2006, 16:12:56 »

Quote from: "Ralphy"
TBH who would want to invest in us??

Hardly good business is it.

If you had serious money and wanted to invest in a business, would STFC be top of your list?


Bill Power did, and at a time when we were on a very low ebb. A non STFC supporter. Thats what gives me hope.

At the moment we are a bit high profile. Were getting coverage across the UK because of Wise, and were at or near the top of the league. Course give it 6 months of Dunwoody and that will seem like a decade ago. But right now, we dont look too bad.
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Samdy Gray
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« Reply #14 on: Monday, September 25, 2006, 16:14:58 »

I wouldn't invest as an investment, I'd just do it for the love of the club.

My aim in life is to have a sucessfull business and be able to buy a significant share of STFC. Probably won't happen, but it's something to work to in life.
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