jp1981 Posted January 26, 2015 Share Posted January 26, 2015 And Pini Zahavi.got to be this. Hasn't it. Surely just a way to gain the club some capital and repay the loans whilst securing the debt against Milans company. Link to comment Share on other sites More sharing options...
darklord Posted January 26, 2015 Share Posted January 26, 2015 think the simple explanation is Milans going to raffle them off at half time Link to comment Share on other sites More sharing options...
Guest conisbrough Posted January 26, 2015 Share Posted January 26, 2015 Just because a share has a nominal valuation of £1 does not mean that only £1 invested, In fact liable to be substantially more, For example we had only 1,000 £1 shares previously if valued club at £30,000,000 they are worth £30,000 each. Hence link with 822,000 shares with equivalent amount of cash does not make sense. More than likely increasing share capital so that loan holders can be given shares and receive capital to value of loan when sale done. Link to comment Share on other sites More sharing options...
Jeffjohnsonmyhero Posted January 26, 2015 Share Posted January 26, 2015 For anyone in the know ,Just what is wrong with our books?Takeover will drag on ,and on, Link to comment Share on other sites More sharing options...
Chairboy Dan Posted January 26, 2015 Share Posted January 26, 2015 Just because a share has a nominal valuation of £1 does not mean that only £1 invested, In fact liable to be substantially more, For example we had only 1,000 £1 shares previously if valued club at £30,000,000 they are worth £30,000 each. Hence link with 822,000 shares with equivalent amount of cash does not make sense. More than likely increasing share capital so that loan holders can be given shares and receive capital to value of loan when sale done. You can pay more than £1 for a share of £1 nominal value, but the filed SH01 (I downloaded it) says that the amount paid including any share premium was £822,000. Link to comment Share on other sites More sharing options...
Guest totemowl Posted January 26, 2015 Share Posted January 26, 2015 Just because a share has a nominal valuation of £1 does not mean that only £1 invested, In fact liable to be substantially more, For example we had only 1,000 £1 shares previously if valued club at £30,000,000 they are worth £30,000 each. Hence link with 822,000 shares with equivalent amount of cash does not make sense. More than likely increasing share capital so that loan holders can be given shares and receive capital to value of loan when sale done. No. More Less than likely... There's a simple more sensible shortcut to that which saves time and money and a lot of messing about. Ie. Just give them the capital and interest on their loan when sale is done! As has been stated, these shares could be to cover a new loan, but it doesn't make sense (at least to me) to convert existing loans. Link to comment Share on other sites More sharing options...
crookesowl Posted January 26, 2015 Share Posted January 26, 2015 All I know is that running a football club is reyt expensive. Link to comment Share on other sites More sharing options...
trevdi9 Posted January 26, 2015 Share Posted January 26, 2015 (edited) all i know is we seem to be going around in circleswith this thread we can only guess (fun though it is) on what milan is doing or for what purpose,the story will unfold in due course whereas we will be told what the next step in the saga is , Edited January 26, 2015 by trevdi9 Link to comment Share on other sites More sharing options...
***HIRSTY*** Posted January 26, 2015 Share Posted January 26, 2015 It's amazing how a lot of our fan base are desperate for a takeover to happen. To blindly jump on this bandwagon without any knowledge of who's involved and what it may entail for our club. We are the most stable we've been for decades, and there's a lot to be said for that. The desperation to drink from the Premiership cup and become another also ran, at what price though? Link to comment Share on other sites More sharing options...
parkerowl Posted January 26, 2015 Share Posted January 26, 2015 I don't expect anything at all to happen to be honest, they'll end up buying someone else. Link to comment Share on other sites More sharing options...
Guest mkowl Posted January 26, 2015 Share Posted January 26, 2015 Excuse me for dropping into this discussion on the 42nd page, I may be completely out of the loop... But I would guess that SWFC Ltd made losses of more than the allowed £3m in the 13/14 season, and MM had to cover the shortfall, which under the Championship FFP rules must be done with equity investment and not loans. Losses for 12/13 season were about £3.7m (although acceptable losses were £4m that season). Assuming Wednesday made roughly the same losses in 13/14, an equity investment of c. £800k fits perfectly. The sanctions were handed out in December, so an equity investment in late November is the right timing. Great point that - one i hadn't considered because the thinking gets skewed by the takeover talk and historical loans. You should post in the Boardroom section Link to comment Share on other sites More sharing options...
scarboro-owl Posted January 26, 2015 Share Posted January 26, 2015 (edited) It's amazing how a lot of our fan base are desperate for a takeover to happen. To blindly jump on this bandwagon without any knowledge of who's involved and what it may entail for our club. We are the most stable we've been for decades, and there's a lot to be said for that. The desperation to drink from the Premiership cup and become another also ran, at what price though? but Milan is selling, what we want has nowt to do with it, a takeover will happen, we will be sold, end of Edited January 26, 2015 by scarboro-owl Link to comment Share on other sites More sharing options...
Jeffjohnsonmyhero Posted January 26, 2015 Share Posted January 26, 2015 I don't expect anything at all to happen to be honest, they'll end up buying someone else. So i ask again what is up with our books ? no body will touch us why? Link to comment Share on other sites More sharing options...
Inspector Lestrade Posted January 26, 2015 Share Posted January 26, 2015 Dom Howson @domhowson · 44 mins44 minutes ago The Thai group in takeover talks with #SWFC will be attending the Birmingham match tomorrow. Discussions remain on-going. Link to comment Share on other sites More sharing options...
Standidno Posted January 26, 2015 Share Posted January 26, 2015 Free food, free ticket, free drinks, free hotel, probably a free flight. These lads know what they're doing. Link to comment Share on other sites More sharing options...
Guest TommyTank Posted January 26, 2015 Share Posted January 26, 2015 Another defeat then, great. Link to comment Share on other sites More sharing options...
Jeffjohnsonmyhero Posted January 26, 2015 Share Posted January 26, 2015 Free food, free ticket, free drinks, free hotel, probably a free flight. These lads know what they're doing. Bang right mate ,Takeover getting to be a pee take. Link to comment Share on other sites More sharing options...
scarboro-owl Posted January 26, 2015 Share Posted January 26, 2015 (edited) Bang right mate ,Takeover getting to be a pee take. yeah, make em pay £27 apiece to get in (or baht equivalent) Milan's clearly a mug jesus Edited January 26, 2015 by scarboro-owl Link to comment Share on other sites More sharing options...
Guest TommyTank Posted January 26, 2015 Share Posted January 26, 2015 Free food, free ticket, free drinks, free hotel, probably a free flight. These lads know what they're doing. Ha ha, surely not, surely such a good business man wouldnt do this to us again? Link to comment Share on other sites More sharing options...
Sonny Posted January 26, 2015 Share Posted January 26, 2015 Free food, free ticket, free drinks, free hotel, probably a free flight. These lads know what they're doing. Yeah, man. I bet everyone in Thailand is proper jealous of this scam they've got going on. I mean... free tickets to watch Sheffield Wednesday. SHEFFIELD WEDNESDAY! Link to comment Share on other sites More sharing options...
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