Pages: 1 ... 68 69 70 [71] 72 73 74 75   Go Down
Print
Author Topic: Trust look to buy the CG  (Read 179788 times)
skiptotheLouMacari

Offline Offline

Posts: 368





Ignore
« Reply #1050 on: Thursday, February 6, 2020, 16:14:00 »

There would surely be more than 2300 buy into this, therefore generating more money.
Is 2300 the minimum amount or is that the only numbers that can buy in?
Logged
The Artist Formerly Known as Audrey

Offline Offline

Posts: 6344





Ignore
« Reply #1051 on: Thursday, February 6, 2020, 16:17:33 »

I always understood the Trust had their share of the money ready and available. The amount being asked for now is tiny - unless itís just to show intent.

Yet again, Iíll ask about the Eadie money. Is it a yes or no?
Logged
Bob's Orange

Offline Offline

Posts: 19924





Ignore
« Reply #1052 on: Thursday, February 6, 2020, 16:18:05 »

I thought that a million quid had to be raised?

It also says 'at least 2,300 supporters need to commit to purchase a community share in the joint venture with a minimum price of £19.69'

To me this suggests that fans can pay more than £19.69. Perhaps there is a tiered amount that people can contribute?
Logged

we've been to Aberdeen, we hate the Hibs, they make us spew up, so make some noise,
the gorgie boys, for Hearts in Europe.
Reg Smeeton
Walking Encyclopaedia

Offline Offline

Posts: 34653





Ignore
« Reply #1053 on: Thursday, February 6, 2020, 16:25:40 »

I always understood the Trust had their share of the money ready and available. The amount being asked for now is tiny - unless itís just to show intent.

Yet again, Iíll ask about the Eadie money. Is it a yes or no?

In all the bollocks about fan engagement, I've pointed out a number of times that the Eadie money went to FiTC you can see the result on the extension. No way was Power getting near that.

This is now a golden opportunity for some proper fan engagement....
Logged
singingiiiffy

Offline Offline

Posts: 1815





Ignore
« Reply #1054 on: Thursday, February 6, 2020, 16:30:24 »

im in. can i have a key?
Logged
Batch
Thingie

Offline Offline

Posts: 41462





Ignore
« Reply #1055 on: Thursday, February 6, 2020, 16:32:46 »

iirc yes to tiers - the amount put in entitles you to 1 share, regardless. we are all the same in that regard.

But they may offer incentives for putting more in.

and yes, 2300 minimum number of people required to make this viable as a community share thingy. it's over to us.
Logged
Nemo
Shit Bacon

Offline Offline

Posts: 12715





Ignore
« Reply #1056 on: Thursday, February 6, 2020, 16:37:12 »

Yes, I assume the share is going to be £19.69 and if you contribute more you can have your name on the wall or sponsor the Town End Bar or something.
Logged
RobertT

Offline Offline

Posts: 7562




Ignore
« Reply #1057 on: Thursday, February 6, 2020, 16:43:38 »

It's going to be vital, once they announce the details in March, that they go full Blue Peter Bring and Buy Sale on this.  In reality we need something like 6k fans offering 100 quid each for their shares on average, with matched funding and assuming 1.2m needs to be raised for a 50% share.

It will no doubt get a get a good start but then dry up a little if people don't see progress being made.  Needs a constant focus.
Logged
Tails

Offline Offline

Posts: 9178


Git facked




Ignore
« Reply #1058 on: Thursday, February 6, 2020, 16:53:17 »

Think the AGM will be well attended. Will be good to know what plans they have, if any, for the ground. Would love to see the Stratton Bank die and a new away end built
Logged
Flashheart

Offline Offline

Posts: 28474


FUCK YEAH! ©ô



« Reply #1059 on: Thursday, February 6, 2020, 16:56:37 »

Would love to see the Stratton Bank die and a new away end built

But that stand must be an integral part of the wind tunnel design. They'll need to take that into account when building a new one.
Logged

I like it firm and fruity.
RobertT

Offline Offline

Posts: 7562




Ignore
« Reply #1060 on: Thursday, February 6, 2020, 16:58:48 »

I did wonder whether we could pull up a big cover behind the Town End when we attack that way, to cut off the wind tunnel when it is against us.
Logged
The Artist Formerly Known as Audrey

Offline Offline

Posts: 6344





Ignore
« Reply #1061 on: Thursday, February 6, 2020, 17:08:34 »

This entire thread makes for interesting reading. The process has evolved from one of mild enthusiasm married with a huge dollop of cynicism to one of almost universal approval.

Even when the JV was announced (page 45 or thereabouts) Reg was enthused!

If the exchange of contracts is a matter of weeks away has any timescale actually been given for any redevelopment?

Flashheart gave a good prediction way down this thread

ĎI donít think we mean to be in this league for very longí
Logged
JanAirplaneMan

Offline Offline

Posts: 50





Ignore
« Reply #1062 on: Thursday, February 6, 2020, 17:12:19 »

It's going to be vital, once they announce the details in March, that they go full Blue Peter Bring and Buy Sale on this.  In reality we need something like 6k fans offering 100 quid each for their shares on average, with matched funding and assuming 1.2m needs to be raised for a 50% share.

It will no doubt get a get a good start but then dry up a little if people don't see progress being made.  Needs a constant focus.

You can rest assured the Trust already has a large proportion of what is needed. But we need 2200 fans at least to purchase at 19.69 per share to reach the full amount and satisfy the relevant rules around the purchase . Obviously the more invested by the fans then the more the trust has to.invest in works on the CG to improve it on top of the purchase. I would encourage as many mans as possible to get involved so we can really get this over the line and make the CG the stadium we all want it to be etc.
Logged
Bedford Red

Offline Offline

Posts: 4292


Smithers Jones




Ignore
« Reply #1063 on: Thursday, February 6, 2020, 17:48:13 »

Excellent news, i'll be chipping in to this, as will my Dad when we're able to buy shares.
Logged
skiptotheLouMacari

Offline Offline

Posts: 368





Ignore
« Reply #1064 on: Thursday, February 6, 2020, 17:55:07 »

Things must be on the up, even my wife who hates all things football declared we should all get some especially the boys as it is their club for the future.
Wonders will never cease!!
Logged
Pages: 1 ... 68 69 70 [71] 72 73 74 75   Go Up
Print
Jump to: