Help with shareholders poll please

[dylanisabaddog 4,928]

I've been trying to post a poll for shareholders on the share sale issue. I've no idea what I'm doing wrong but the site just won't let me do it. Defeated by technology! 

If anyone has 5 minutes would they mind doing it for me? I simply wanted to ask - 

Are you 

Happy that minority shareholders won't be given the opportunity to sell their shares. You would prefer to keep them anyway. 

Unhappy, you want MA to buy them from you. 

 

I'll be the first to vote and say I'm keeping mine till the bitter end so I'm really not bothered. 

Edited September 15, 2023 by dylanisabaddog

[Indy 3,300]

9 minutes ago, dylanisabaddog said:

I've been trying to post a poll for shareholders on the share sale issue. I've no idea what I'm doing wrong but the site just won't let me do it. Defeated by technology! 

If anyone has 5 minutes would they mind doing it for me? I simply wanted to ask - 

Are you 

Happy that minority shareholders won't be given the opportunity to sell their shares. You would prefer to keep them anyway. 

Unhappy, you want MA to buy them from you. 

 

I'll be the first to vote and say I'm keeping mine till the bitter end so I'm really not bothered. 

Am I missing something? Why can’t you sell your shares? Why would this stop you? It’s just that MA won’t be making an offer!

By the way still waiting on an apology from you….😉

[ricardo 7,395]

Sometimes I'm  happy, sometimes I'm unhappy. 

In any event I shall be keeping my shares.

[PurpleCanary 5,562]

1 hour ago, ricardo said:

Sometimes I'm  happy, sometimes I'm unhappy. 

In any event I shall be keeping my shares.

Only until Attanasio hits 90 per cent...

[Soldier on 160]

6 minutes ago, PurpleCanary said:

Only until Attanasio hits 90 per cent...

Any indication he wants to go above that ? I thought he was a fan of some degree of fan ownership

[shefcanary 2,409]

Only selling mine when I have no choice!

[essex canary 496]

3 minutes ago, Soldier on said:

Any indication he wants to go above that ? I thought he was a fan of some degree of fan ownership

Great if he is. Want to see the detail. Needs to be more dynamic and inclusive of younger people.

[Mello Yello 2,294]

I actually haven't got any shares so I therefore definitely won't be selling mine....

I'm actually just boosting my post count....so please feel free to whine and whinge around me.....

[PurpleCanary 5,562]

9 minutes ago, Soldier on said:

Any indication he wants to go above that ? I thought he was a fan of some degree of fan ownership

Has Attanasio said anything concrete about fan ownership, as opposed to vague warm words about fan involvement? In any event, as to facts, the Milwaukee Brewers is a private compnay. Norwich City was a private company and only became a plc in 2002 to allow it to carry out a fund-raising share issue.

And as has been shown, being a plc does involve some extra bureaucracy, public scrutiny, having to abide by decisions of the Takeover Panel (one of which it certainly didn't like), and even a shareholder vote which is out of the control of S&J and Attanasio. It could be lost. 

[essex canary 496]

7 minutes ago, PurpleCanary said:

Has Attanasio said anything concrete about fan ownership, as opposed to vague warm words about fan involvement? In any event, as to facts, the Milwaukee Brewers is a private compnay. Norwich City was a private company and only became a plc in 2002 to allow it to carry out a fund-raising share issue.

And as has been shown, being a plc does involve some extra bureaucracy, public scrutiny, having to abide by decisions of the Takeover Panel (one of which it certainly didn't like), and even a shareholder vote which is out of the control of S&J and Attanasio. It could be lost. 

In your opinion, could the Club embrace a more pragmatic form of partial and participative fan ownership going forward?

[shefcanary 2,409]

I still expect some of Delia and Mike's shares will be left in some form of Trust for the long term, to ensure Watling's vision is retained to some extent. But we'll see in 2026 I guess ...

[essex canary 496]

2 minutes ago, shefcanary said:

I still expect some of Delia and Mike's shares will be left in some form of Trust for the long term, to ensure Watling's vision is retained to some extent. But we'll see in 2026 I guess ...

The risk is that the vision simply becomes a way of preventing MA from taking over completely but no true fan voice other than the current one of flat bat answers to questions for 1 hour per year.

[Mello Yello 2,294]

I really hope Neppers Tom isn't going to be left out in the cold and meandering aimlessly around the corridors of Carra ?....

..."Spare a share for an' ex Club Director?"....

[essex canary 496]

38 minutes ago, PurpleCanary said:

Has Attanasio said anything concrete about fan ownership, as opposed to vague warm words about fan involvement? In any event, as to facts, the Milwaukee Brewers is a private compnay. Norwich City was a private company and only became a plc in 2002 to allow it to carry out a fund-raising share issue.

And as has been shown, being a plc does involve some extra bureaucracy, public scrutiny, having to abide by decisions of the Takeover Panel (one of which it certainly didn't like), and even a shareholder vote which is out of the control of S&J and Attanasio. It could be lost. 

The facts behind that are interesting. £2 million raised from the public in share purchases in 2002. So could £6 million be raised from the fan source now having regard to inflation and the expanded fan base?

Then again we need the Norfolk Group bail out and hopefully more robust financial management going forward.

Edited September 15, 2023 by essex canary

[dylanisabaddog 4,928]

2 hours ago, Indy said:

Am I missing something? Why can’t you sell your shares? Why would this stop you? It’s just that MA won’t be making an offer!

By the way still waiting on an apology from you….😉

Sorry, no idea what I've done to annoy you. You'll have to enlighten me but whatever it was I'm sorry! 

The poll is specifically related to the current situation. I assume that everyone knows they can sell their shares if they want. 

[PurpleCanary 5,562]

27 minutes ago, essex canary said:

In your opinion, could the Club embrace a more pragmatic form of partial and participative fan ownership going forward?

It could, but if you mean are there signs it might then I have no idea. If I was betting I would put money on Attanasio taking the club private again.

[essex canary 496]

1 minute ago, PurpleCanary said:

It could, but if you mean are there signs it might then I have no idea. If I was betting I would put money on Attanasio taking the club private again.

Thanks. The 'no idea' is the reason why I am inclined to vote 'against' albeit I hope we can work it out eventually. 

[dylanisabaddog 4,928]

Just now, PurpleCanary said:

It could, but if you mean are there signs it might then I have no idea. If I was betting I would put money on Attanasio taking the club private again.

I'll have a few quid on that as well. 

It is highly unlikely that more shares will be issued if it results at some point in MA having to buy them! 

[Indy 3,300]

46 minutes ago, dylanisabaddog said:

Sorry, no idea what I've done to annoy you. You'll have to enlighten me but whatever it was I'm sorry! 

The poll is specifically related to the current situation. I assume that everyone knows they can sell their shares if they want. 

As til & I pointed out on the MA thread you told me to FxxxxOxx to a comment I made back to Essex and not to you! 
I must admit I was a little shocked!

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Posted 18 hours ago

   19 hours ago,  Indy said: 

 

I’m lost at your attitude it stinks a little of somebody wanting to profit rather than see the best for the club!

**** off. I've made it perfectly clear on numerous occasions that I don't want to sell my shares. I have no need to and I don't want to. 

Don't judge me by your standards. Norwich City has been a huge part of my life for 55 years. 

 

Edited September 15, 2023 by Indy

[dylanisabaddog 4,928]

8 minutes ago, Indy said:

As til & I pointed out on the MA thread you told me to FxxxxOxx to a comment I made back to Essex and not to you! 
I must admit I was a little shocked!

 

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Posted 18 hours ago

   19 hours ago,  Indy said: 

 

I’m lost at your attitude it stinks a little of somebody wanting to profit rather than see the best for the club!

**** off. I've made it perfectly clear on numerous occasions that I don't want to sell my shares. I have no need to and I don't want to. 

Don't judge me by your standards. Norwich City has been a huge part of my life for 55 years. 

 

In that case I really am very sorry! For some reason I thought it was aimed at me. 

I must admit that I have become stupidly irrational as regards Essex. The only thing that isn't important about all this is the personal finances of minority shareholders (in my opinion) and his constant rants distract from what is important. 

[Indy 3,300]

9 minutes ago, dylanisabaddog said:

In that case I really am very sorry! For some reason I thought it was aimed at me. 

I must admit that I have become stupidly irrational as regards Essex. The only thing that isn't important about all this is the personal finances of minority shareholders (in my opinion) and his constant rants distract from what is important. 

No worries Dylan you’re one of the good posters on here and I thought that was so out of character….but I fully agree about caution of new owners you bring up. But what option do we really have at the moment. Good luck with your voting, tough choices to be made.

[dylanisabaddog 4,928]

40 minutes ago, Indy said:

No worries Dylan you’re one of the good posters on here and I thought that was so out of character….but I fully agree about caution of new owners you bring up. But what option do we really have at the moment. Good luck with your voting, tough choices to be made.

I'm extremely unhappy but I will be voting in favour. There is no choice I'm afraid, unless one of us wins Euromillions in the next few days. 

[duke63 542]

8 minutes ago, dylanisabaddog said:

I'm extremely unhappy but I will be voting in favour. There is no choice I'm afraid, unless one of us wins Euromillions in the next few days. 

Interesting to read the Everton owner's take on why he is selling. Sadly i think if we don't follow suit, eventually we will end up as a League One or League Two club.at best. Money talks in the end.

Moshiri said in a statement: "The nature of ownership and financing of top football clubs has changed immeasurably since I first invested in Everton over seven years ago.

"The days of an owner/benefactor are seemingly out of reach for most, and the biggest clubs are now typically owned by well-resourced private equity firms, specialist sports investors or state-backed companies and funds."

[NewNestCarrow 191]

4 minutes ago, duke63 said:

Interesting to read the Everton owner's take on why he is selling. Sadly i think if we don't follow suit, eventually we will end up as a League One or League Two club.at best. Money talks in the end.

Moshiri said in a statement: "The nature of ownership and financing of top football clubs has changed immeasurably since I first invested in Everton over seven years ago.

"The days of an owner/benefactor are seemingly out of reach for most, and the biggest clubs are now typically owned by well-resourced private equity firms, specialist sports investors or state-backed companies and funds."

I love the way that Moshiri has conveniently forgotten the spectacular failure of his "spend big" ownership blueprint

[duke63 542]

14 minutes ago, NewNestCarrow said:

I love the way that Moshiri has conveniently forgotten the spectacular failure of his "spend big" ownership blueprint

Indeed but also the fact he tried it, it didn't work and now he realises that even he doesn't have the resources to keep doing it year on year which is what is actually required now.