PurpleCanary

I don't want to belabour the point, but if the plan has got approval then it is unlikely to be as you have described it, since that seemed a clear breach of third-party ownership rules. That Attanasio aims to get in investors is hardly new. One of the people in the Norfolk Group, Ressler, is on paper worth markedly more than Attanasio, who has previously I think mentioned Australia as a source of investment. I don't have the time to talk about this now but I have posted at length in the past about how over the decades football finance has changed, and with one exception to the detriment of Norwich City. It always appeared likely that Attanasio, who seems no fool, would understand that the club would need to adapt and do things differently, and possibly very differently.

It doesn’t strike me as remotely similar. The Turners lent us money to boost the coffers generally because in crude terms we were skint, and it was repaid when they resigned. What you have confirmed you are talking about is specific investors having a stake in specific players from which they will benefit financially if and when those players are sold. Which is really quite different.

The Turkish 1. Lig. Boluspor to win at home against Altay. Boluspor have a so-so 7-3-5 home record, but are in decent form, having just drawn away against the top club, and are only goal difference away from getting into the promotion play-offs with three games left. Altay, with a 1-1-13 away record, have lost their last seven. The odds are around 1/8. - For the match bet I suggest a double of Sargent and Sara as anytime goalscorers. Good luck to all!

If this poster MC is correct, and they have confirmed this in reply to a direct question from me, then the plan involves something totally new and is nothing like what we have had for the last 30 years.

As GMF has posted, I believe I am reading the filing correctly.

This seems to be a red-tape case of not waiving but drowning...

Thanks, Bethnal. I was not sure in terms of the detail of the rules but generally what is being claimed to be the plan did seem legally very dubious.

Hard to believe it has been the latter, given how flawlessly everything else was handled...

If true? There in black and white in the Companies House listing, GMF. Nominal price £1; actual price paid £1. Are you suggesting CH has got it wrong?!

I do not know. But unless I am mistaken this specific aspect of investment in the club outlined by MC, has never been spoken of publicly or even hinted at. As far as I am aware this, if true, is entirely new as far as fans are concerned.. And my initial reaction, further up the thread, was not only that there was this potential conflict of interest but that it might - only might- infringe thrd-party ownership rules.

I notice that a figure of £25 per share (as opposed to the purely nominal price of £1) is being mentioned as the price Attanasio has paid for the tranche that takes him to 40 per cent. In fact the official Companies House listing gives him as having paid only £1 a share. Shef and others may need as a matter of extreme urgency to factor this into their discussions on the overall value of the club.

For now I will temper excitement with a touch of sceptical concern.

I think many people understood that general aim and attitude from the start. But if I have understood what MC is saying then the specific plan is to have certain unaccountable investors having a specific beneficial financial interest in the sale of players. With the obvious potential conflict of interest between their bank balance and the club’s footballing interests. That, assuming it is correct, is new.

One would very much need to know the detail, but I think care needs to be taken with that kind of arrangement to avoid it falling into the third-party-ownership trap. There is also the obvious potential conflict of interests with what are in effect outside or at-a-distance investors demanding player sales purely for their own benefit.

Oh you innocent!