SwindonCanary 455 Posted March 20, 2019 (edited) Really want them to go up ! The bond will pay 5% gross interest annually, with an additional 3% gross in club credit, and investors will be paid a one-off 25% bonus if the Club is promoted during the lifetime of the bond. Edited March 20, 2019 by SwindonCanary Share this post Link to post Share on other sites
nutty nigel 7,509 Posted March 20, 2019 So we could be in the money. Would come in handy but the knowledge we helped fund this amazing season is the greatest reward. 1 Share this post Link to post Share on other sites
TIL 1010 4,721 Posted March 20, 2019 Probably explains why Webber said last week that there will not be too much money in the summer to spend in the transfer market.😜 Share this post Link to post Share on other sites
TIL 1010 4,721 Posted March 20, 2019 1 minute ago, nutty nigel said: So we could be in the money. Would come in handy but the knowledge we helped fund this amazing season is the greatest reward. I thought it was spent on bricks and mortar at Colney for the redevelopment of the facilities. Share this post Link to post Share on other sites
nutty nigel 7,509 Posted March 20, 2019 Whatever happened to the original thread and accompanying words of wisdom.... Share this post Link to post Share on other sites
TIL 1010 4,721 Posted March 20, 2019 When is your first dividend due ? Share this post Link to post Share on other sites
CANARYKING 634 Posted March 20, 2019 What could be the total payout ? Enough to buy a keeper ? Share this post Link to post Share on other sites
nutty nigel 7,509 Posted March 20, 2019 Welcome to Norwich City, Josh Martin! #ncfc The 17-year-old has joined the Canaries from Arsenal http://norw.ch/JoshMartin Share this post Link to post Share on other sites
Bethnal Yellow and Green 1,557 Posted March 20, 2019 6 hours ago, CANARYKING said: What could be the total payout ? Enough to buy a keeper ? £1.25m for the ‘bonus’. So not nothing, but not a season changing amount of money. I suspect Delia and MWJ own a significant amount of the £5m worth of bonds and may not take their ‘bonus’, or put it straight back into the club. Share this post Link to post Share on other sites
Kathy 733 Posted March 21, 2019 I’d completely forgotten about this. Thanks for reminding me NN. Hopefully it will be just in time for my holiday! 1 Share this post Link to post Share on other sites
Andy G 10 Posted March 21, 2019 I invested with no expectation that we would be getting promoted within 5 years. What a wonderful season we're having though and if the investment into the youth is helping to find the next Godfrey, Lewis, Aarons then I'm pleased to have invested. That being said I wouldn't say no to a nice 25% bonus. On a side note, anybody know how the 3% Club Credit works, I still haven't worked out how I will get it? Share this post Link to post Share on other sites
Van wink 2,994 Posted March 22, 2019 19 hours ago, Andy G said: I invested with no expectation that we would be getting promoted within 5 years. What a wonderful season we're having though and if the investment into the youth is helping to find the next Godfrey, Lewis, Aarons then I'm pleased to have invested. That being said I wouldn't say no to a nice 25% bonus. On a side note, anybody know how the 3% Club Credit works, I still haven't worked out how I will get it? 'On a side note, anybody know how the 3% Club Credit works, I still haven't worked out how I will get it?' ditto Share this post Link to post Share on other sites
Bethnal Yellow and Green 1,557 Posted March 22, 2019 16 minutes ago, Van wink said: 'On a side note, anybody know how the 3% Club Credit works, I still haven't worked out how I will get it?' ditto I presume it will be vouchers sent in the post. Share this post Link to post Share on other sites
GMF 736 Posted March 28, 2019 On 20/03/2019 at 22:09, Bethnal Yellow and Green said: £1.25m for the ‘bonus’. So not nothing, but not a season changing amount of money. I suspect Delia and MWJ own a significant amount of the £5m worth of bonds and may not take their ‘bonus’, or put it straight back into the club. I have a vague recollection (with emphasis on the word vague) someone saying at the time of the bond (possibility Steve Stone) that they wouldn’t be disclosing the levels of investments by the Board. Certainly not mentioned in the Year End accounts 😉 Share this post Link to post Share on other sites
