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Post by mftc on Apr 23, 2017 21:32:03 GMT
I know that at other clubs, fans have raised additional monies for transfer funds. We did it ourselves to buy Paul Randall back and more recently, Junior Agogo, Andy Rammell et all via the share scheme.
From memory there was £3million pounds worth of shares, ring fenced in porpurity for the sole purpose of the share scheme.
I can also recall that all fans who contributed to the share scheme would be given the chance to purchase individual shares.
I would guess the share scheme has raised approx £1.2M.
Via the mists of time not all the above may be 100% factually correct, but if there is approx £1.8M worth of ringfenced shares (that cannot be used for any other purpose), could the SC/FC offer a share offer on the unused shares?
Originally the monies raised was split 40/40/20. If 40% was for the initial transfer fee and 40% was the player(s) wages, could this be used to give DC extra monies to use in the January window? The remaining 20% would be spent on existing debts as originally intended and we sure have a lot of those!
I have no idea of the cost of each share but recollect, the SC purchased at a much higher price than bought by the old board. As a member of the share scheme this did not bother me as it was in my eyes a donation anyway.
In simple terms if 3000 fans (I know that there are not many current members, but in the first 3-4 years there were easily 2000+) can buy a minimum of £20 worth of shares (maybe up to £100?), this might give DC some scope to buy someone he wanted who is out of contract at the end of the season.
I presume it would be OK under the FFP rules as it would be genuine income.
Anyone paying could get a one off discount in the shops/ be part of a draw for hospitality etc or be invited to a share scheme only meet and greet with Wael/DC/SH/players etc
I know many expect Wael to pay for everything but it would surely be good for the Board and DC to know that we are prepared to financially support them. In all honesty after several years of non increasing season tickets and the success we have had, I was expecting a raise of along the lines of £30 anyway, so just a tenner on the actual price of a ST, I would be happy to pay for a share for £20. It might mean, we could learn more about the goings ons at the club, than Mr chimp!
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Post by Deleted on Apr 24, 2017 6:23:07 GMT
All too complicated for me...
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Post by peterparker on Apr 24, 2017 6:50:17 GMT
I know that at other clubs, fans have raised additional monies for transfer funds. We did it ourselves to buy Paul Randall back and more recently, Junior Agogo, Andy Rammell et all via the share scheme. From memory there was £3million pounds worth of shares, ring fenced in porpurity for the sole purpose of the share scheme. I can also recall that all fans who contributed to the share scheme would be given the chance to purchase individual shares. I would guess the share scheme has raised approx £1.2M. Via the mists of time not all the above may be 100% factually correct, but if there is approx £1.8M worth of ringfenced shares (that cannot be used for any other purpose), could the SC/FC offer a share offer on the unused shares? Originally the monies raised was split 40/40/20. If 40% was for the initial transfer fee and 40% was the player(s) wages, could this be used to give DC extra monies to use in the January window? The remaining 20% would be spent on existing debts as originally intended and we sure have a lot of those! I have no idea of the cost of each share but recollect, the SC purchased at a much higher price than bought by the old board. As a member of the share scheme this did not bother me as it was in my eyes a donation anyway. In simple terms if 3000 fans (I know that there are not many current members, but in the first 3-4 years there were easily 2000+) can buy a minimum of £20 worth of shares (maybe up to £100?), this might give DC some scope to buy someone he wanted who is out of contract at the end of the season. I presume it would be OK under the FFP rules as it would be genuine income. Anyone paying could get a one off discount in the shops/ be part of a draw for hospitality etc or be invited to a share scheme only meet and greet with Wael/DC/SH/players etc I know many expect Wael to pay for everything but it would surely be good for the Board and DC to know that we are prepared to financially support them. In all honesty after several years of non increasing season tickets and the success we have had, I was expecting a raise of along the lines of £30 anyway, so just a tenner on the actual price of a ST, I would be happy to pay for a share for £20. It might mean, we could learn more about the goings ons at the club, than Mr chimp! I don't think there are any ring fenced share anymore.
Was that not changed when the old board voted that they could issue more share at any time?
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Post by knowall on Apr 24, 2017 8:46:22 GMT
A good scheme in theory that was sabotaged by the old Board
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Post by Gas_Quarters on Apr 24, 2017 8:58:40 GMT
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Post by countygroundhotel on Apr 24, 2017 9:15:27 GMT
Why would the owners seek to dilute their shareholding?
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Post by Deleted on Apr 24, 2017 16:36:39 GMT
I donated 300 quid For a little book with tickets inside?
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Post by Topper Gas on Apr 24, 2017 17:49:45 GMT
If the owners are desperate for transfer funds why didn't they just up the season ticket prices by 5%, I don't any of us would have really objected if they said the extra income was going to DC's transfer find? On that basis I don't think money for new players is a problem.
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Post by Deleted on Apr 24, 2017 18:23:25 GMT
If the owners are desperate for transfer funds why didn't they just up the season ticket prices by 5%, I don't any of us would have really objected if they said the extra income was going to DC's transfer find? On that basis I don't think money for new players is a problem. Don't think this would raise enough assuming 4000 tickets at £300 then 5% then you only get a £60K fund but I suppose ever little helps |
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Post by Deleted on Apr 24, 2017 18:54:02 GMT
Are we really discussing ideas for fundraising when we have a mega-rich Jordanian family at the helm?
I would be embarrassed taking fans money for transfers through anything other than the usual means.
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Post by rovers5charlton5 on Apr 25, 2017 17:40:56 GMT
Are we really discussing ideas for fundraising when we have a mega-rich Jordanian family at the helm?
I would be embarrassed taking fans money for transfers through anything other than the usual means.
Some fans want to support the team in any way they can, and some fans are always looking to spend someone else's money. The Al-qadi's in this case. If anyone wants to support this kind of thing, then fair play to them, its their own money after all. |
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Post by Deleted on Apr 25, 2017 18:10:41 GMT
Are we really discussing ideas for fundraising when we have a mega-rich Jordanian family at the helm?
I would be embarrassed taking fans money for transfers through anything other than the usual means.
Some fans want to support the team in any way they can, and some fans are always looking to spend someone else's money. The Al-qadi's in this case. If anyone wants to support this kind of thing, then fair play to them, its their own money after all.
Of course I fully respect anyone wanting to raise money for the club, I just thought those days were in the past having now been bought by a wealthy owner.
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Post by rovers5charlton5 on Apr 26, 2017 10:17:08 GMT
Some fans want to support the team in any way they can, and some fans are always looking to spend someone else's money. The Al-qadi's in this case. If anyone wants to support this kind of thing, then fair play to them, its their own money after all.
Of course I fully respect anyone wanting to raise money for the club, I just thought those days were in the past having now been bought by a wealthy owner.
Why? I don't understand why we'd all stop trying to do anything for our club, just because someone rich has bought us out. Especially one who has repeatedly suggested they're not going to blow a fortune on players, but wants to evolve the club. If we want to blow money on players, surely it's for the mugs demanding it to pay for it. |
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Post by Deleted on Apr 26, 2017 12:49:42 GMT
Of course I fully respect anyone wanting to raise money for the club, I just thought those days were in the past having now been bought by a wealthy owner.
Why? I don't understand why we'd all stop trying to do anything for our club, just because someone rich has bought us out. Especially one who has repeatedly suggested they're not going to blow a fortune on players, but wants to evolve the club. If we want to blow money on players, surely it's for the mugs demanding it to pay for it.
Yeah I guess i'm a bit impatient, especially with City signing our best player. We seem to be falling further and further behind them at the minute
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Post by Topper Gas on Apr 26, 2017 13:05:24 GMT
If the owners are desperate for transfer funds why didn't they just up the season ticket prices by 5%, I don't any of us would have really objected if they said the extra income was going to DC's transfer find? On that basis I don't think money for new players is a problem. Don't think this would raise enough assuming 4000 tickets at £300 then 5% then you only get a £60K fund but I suppose ever little helps I thought this summer it was likely to be 5,000+ and the average is probably more than £300, I'd have thought an extra £100K transfer fund wouldn't be turned down by DC |
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Post by faggotygas on Apr 26, 2017 13:10:42 GMT
Full blown crowdfunding isn't a bad idea, as its becoming an increasingly popular way for small businesses with ambition to raise funds for a specific purpose. The usual criteria are that the crowdfunding investor gains genuine shares in the company (although they don't have to rank alongside the existing shares - they could be a separate category with, e.g., no voting rights, and of course they are illiquid), perks are offered, and the funding is for a specific purpose. Local brewer The Wild Beer Company recently raised over £1.75m to build a new brewery, for example: www.crowdcube.com/companies/the-wild-beer-co/pitches/bgNOwZ#This could be a good way of raising funds for a supporters bar at a new stadium. For transfer fees though, I'm not so sure - to easy for the money to be wasted and leave a bad taste in the mouth of investors, which is the opposite of what the club would want, and very difficult to project a return on investment. These are genuine investments, not donations. |
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Post by Deleted on Apr 26, 2017 13:20:01 GMT
Don't think this would raise enough assuming 4000 tickets at £300 then 5% then you only get a £60K fund but I suppose ever little helps I thought this summer it was likely to be 5,000+ and the average is probably more than £300, I'd have thought an extra £100K transfer fund wouldn't be turned down by DC Hopefully we get 5000 and yes if added to the MT pot that would certainly be helpful. We do have a lot of over 65 so I think the £300 average might be about right. |
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