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Author Topic: Trust look to buy the CG  (Read 382183 times)
horlock07

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« Reply #825 on: Tuesday, March 5, 2019, 17:01:05 »

Great news, although the crowdfunding for community shares is going to be a tough ask I fear. Start saving up folks...

Its gonna be time for many fans to put their money where their mouth is as its a once in a clubs history sort of opportunity.
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Ardiles

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« Reply #826 on: Tuesday, March 5, 2019, 17:02:03 »

How much are they asking for?  It's been a while, and I've forgotten.
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woolster

« Reply #827 on: Tuesday, March 5, 2019, 17:17:10 »

How much are they asking for?  It's been a while, and I've forgotten.
£2.2million.
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Reg Smeeton
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« Reply #828 on: Tuesday, March 5, 2019, 17:24:12 »

Great News!!!!!!!!!

(in principle)

I would have been more inclined to regard it as great news if it was 100% Trust.  There's a massive risk here.... OK it could work out well, or it could lead to the demise of the club.
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Flashheart

« Reply #829 on: Tuesday, March 5, 2019, 17:27:23 »

What happens if the trust can't fund their half? I think I read somewhere that they already have somebody to step in and fund it regardless, is that right?
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Reg Smeeton
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« Reply #830 on: Tuesday, March 5, 2019, 17:41:27 »

What happens if the trust can't fund their half?

We're fucked....
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wheretherealredsare
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« Reply #831 on: Tuesday, March 5, 2019, 17:50:18 »

Great news, although the crowdfunding for community shares is going to be a tough ask I fear. Start saving up folks...
Get Berniman to organise it, piece of cake Smiley
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steveg

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« Reply #832 on: Tuesday, March 5, 2019, 17:51:04 »

I don’t think so, the Trust knew what they were entering so let’s be positive. What about that money that was left to the club? Surely a perfect scenario?
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The Artist Formerly Known as Audrey

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« Reply #833 on: Tuesday, March 5, 2019, 17:54:47 »

What happens if the trust can't fund their half? I think I read somewhere that they already have somebody to step in and fund it regardless, is that right?
Would the Trust get this far down the road just hoping they could fund it? And would Power not ask for some assurances they had adequate funds?

So, is the price £2.2m for the entire CG or is that just the half each side must stump up?
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Batch
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« Reply #834 on: Tuesday, March 5, 2019, 17:55:30 »

the Eadie trust have invested into the new FITC facility haven't they?

Don't know if/how much money is left
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4D
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« Reply #835 on: Tuesday, March 5, 2019, 18:01:51 »

Got a year to come up with the dosh.
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Bogus Dave
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« Reply #836 on: Tuesday, March 5, 2019, 18:02:20 »

We're fucked....

Fuck me, what a ray of sunshine

“I’m looking forward to going to Greece this Summer. That is, of course, unless the plane crashes in a flaming inferno - which it probably will”
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Saxondale

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« Reply #837 on: Tuesday, March 5, 2019, 18:14:25 »

Ive not checked (because Im not a mental masochist) but has anyone on that facebook group greeted the news with their catchphrase 'POWER OUT' yet?
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Reg Smeeton
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« Reply #838 on: Tuesday, March 5, 2019, 18:24:49 »

Fuck me, what a ray of sunshine

“I’m looking forward to going to Greece this Summer. That is, of course, unless the plane crashes in a flaming inferno - which it probably will”

OK....  in simple terms that an ordinary fella can understand, explain to me how if the Trust can't raise the funds, how the CG falling into Power's hands would be good for the club?
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Bogus Dave
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« Reply #839 on: Tuesday, March 5, 2019, 18:28:36 »

It’s in the name of Swindon Town Football Club

Not lee power limited
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