keepitsteel89 Posted June 22, 2019 Share Posted June 22, 2019 3 hours ago, fred mciver said: Let's hope this relates to future voting share offering to fans so we have some say in how our great club's run. omfg..theres always one 1 Link to comment Share on other sites More sharing options...
Pulsar Posted June 22, 2019 Share Posted June 22, 2019 5 minutes ago, OWLERTON GHOST said: Stick with me kid ... No point in hanging around with All The Young Dudes.... Was Mott, Gary Hoople's brother? 3 Link to comment Share on other sites More sharing options...
darklord Posted June 22, 2019 Share Posted June 22, 2019 (edited) 58 minutes ago, pazowl55 said: True. But if no one knows what's going on then it isn't all doom and gloom either. Let's hope at least one person knows what's going on, hopefuly someone at SWFC Edited June 22, 2019 by darklord Link to comment Share on other sites More sharing options...
keepitsteel89 Posted June 22, 2019 Share Posted June 22, 2019 (edited) 4 hours ago, Bluesteel said: From my limited understanding. I didn’t think that new ownership or investment made any difference to FFP given that most of the losses have already taken place? Otherwise owners would just write off losses very easily and go again? sales of assets/players seems to be the focus? I think the stadium sale will cover P&S and this share business is a cash injection for new signings, maybe DC felt inflating the stadium price to allow for transfers as well as dept removal was taking the wee wee abit too far like derby did, so he did this aswell Edited June 22, 2019 by keepitsteel89 1 Link to comment Share on other sites More sharing options...
S36 OWL Posted June 22, 2019 Share Posted June 22, 2019 30 minutes ago, prowl said: The EFL would not accept a peppercorn rent as a legitimate transaction. It would have to be at or about market rates to pass the smell test. There are lots of different ways to set up leases but if the rent didn't finance the buying cost warning bells would sound in the EFL. Say the gound is worth £20M and money can be borrowed at 5%, (made up figures) it would cost £1m to pay the interest on the money used to buy the ground. If the new owner set the rent at £100K, questions would be asked. If it was £1m or more it might be considered reasonable (ish). At the end of the day EFL aren't daft, you can probably get away with fudging the figures a bit but if you really take the P they are going to come down hard on you. D-taxi`s and Elev8 Link to comment Share on other sites More sharing options...
keepitsteel89 Posted June 22, 2019 Share Posted June 22, 2019 Either way the guy clearly is in this for better or worse and I for one respect that, just hope SB can give us some of the better bits 4 1 Link to comment Share on other sites More sharing options...
OWLERTON GHOST Posted June 22, 2019 Share Posted June 22, 2019 9 minutes ago, Pulsar said: Was Mott, Gary Hoople's brother? No relation I'm afraid Pulsers... I'm told he was a reyt cñut tho .......... 3 Link to comment Share on other sites More sharing options...
oldishowl Posted June 22, 2019 Share Posted June 22, 2019 20 minutes ago, Pulsar said: I'll bet not many get that Ghost? I used to love that song and i hate country and western as a rule. Hollish group weren't they? I prefer this pop chat to all this financial guessing. Lovely singer with long blonde hair Link to comment Share on other sites More sharing options...
The only way is S6 Posted June 22, 2019 Share Posted June 22, 2019 6 minutes ago, keepitsteel89 said: Either way the guy clearly is in this for better or worse and I for one respect that, just hope SB can give us some of the better bits Agree. Have you told room0035? 1 Link to comment Share on other sites More sharing options...
keepitsteel89 Posted June 22, 2019 Share Posted June 22, 2019 Just now, The only way is S6 said: Agree. Have you told room0035? No im only at room003 atm Link to comment Share on other sites More sharing options...
bigrbuk Posted June 22, 2019 Share Posted June 22, 2019 2 hours ago, Mycroft said: Who says were in £40m of debt? 2 hours ago, Royal_D said: £40m in debt !!? To whom exactly Sorry, £40m+ losses. The last sentence was the important bit Link to comment Share on other sites More sharing options...
Dave DJ Posted June 22, 2019 Share Posted June 22, 2019 10 hours ago, Ash76 said: Impossible to know at this stage as there’s no Companies House entry for Sheffield Wednesday Holdings Ltd The holdings company may not be a limited company which would explain why it is not registered with companies house Link to comment Share on other sites More sharing options...
casbahowl Posted June 22, 2019 Share Posted June 22, 2019 33 minutes ago, Pulsar said: Was Mott, Gary Hoople's brother? Boogaloo shoes! 1 Link to comment Share on other sites More sharing options...
Stoop Posted June 22, 2019 Share Posted June 22, 2019 No matter what your opinions on DC are, nobody can fault his ambition and financial backing of the club. I’d love to know what his long term plans are if ever we do make it to the premier league 1 1 Link to comment Share on other sites More sharing options...
kobayashi Posted June 22, 2019 Author Share Posted June 22, 2019 A lot of jumping to conclusions in the thread on FFP and a Stadium sale. Nothing in the statement at companies house sheds any light on either of these points. It does tells us that ownership has passed from DC as an individual to a ltd company. Why? The ownership has no impact on p&l so no impact on FFP so it has nothing to do with that so presumably is linked to ownership and/or funding. What we don’t know is the timing of the increase in share capital. Did DC transfer/sell his 25 million shares to the new company and then the added £21m capital was injected? In which case presumably it would be new funding but may just have been used to repay DC some of his debt. Or did he swap his debt for equity before the transfer in which case there was no new funding. Either way by now there must have been £70m to £80m of debt so it would still only be a drop in his self made debt ocean. Link to comment Share on other sites More sharing options...
pazowl55 Posted June 22, 2019 Share Posted June 22, 2019 The way I see this is whatever Chansiri has done and whatever the reasons for him doing so are for the best interests of the club. 2 Link to comment Share on other sites More sharing options...
Adem Poric Posted June 22, 2019 Share Posted June 22, 2019 I for one am delighted that it looks like the Bills are back at the table of Sheffield Wednesday. The glory days (of the Owlstalk boardroom section) are back. Link to comment Share on other sites More sharing options...
Stoop Posted June 22, 2019 Share Posted June 22, 2019 As a bit of a simpleton I have no idea what any of this business stuff is about. All I want to know is SPENAGEDDON 2 destination Premier League about to launch??? Link to comment Share on other sites More sharing options...
Spookone Posted June 22, 2019 Share Posted June 22, 2019 5 hours ago, nevthelodgemoorowl said: SWFC PROUD OWNERS OF S2 ! Classic Link to comment Share on other sites More sharing options...
Southie_Owl Posted June 22, 2019 Share Posted June 22, 2019 1 minute ago, Stoop said: As a bit of a simpleton I have no idea what any of this business stuff is about. All I want to know is SPENAGEDDON 2 destination Premier League about to launch??? I don’t think so, I reckon it means we still have to sell players and spend the same or less than we’ve sold. But it means we aren’t in an embargo preventing us from buying. Is my guess Link to comment Share on other sites More sharing options...
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