E I E I E I O 0 Posted November 13, 2008 What about:Delia has from what I hear on here put in £12,000,000 now she hasrefused to go with Cullums £20,000,000 input as it would lower hershares worth from what I can gather?So what about if we can get 20,000 fans to signup to buy Delias sharesoff her costing £600 each? Now we are in a position to take Cullum upon his offer. We issue a new shareholding so as the shares are worthless, however us the supporters have a large holding in the Club. Wehave Cullum on board as a major shareholder but with the supportersholding 30% ish! Delia leaves happy and if getting to the promised landand with the clout of Cullum on board we may just increase our sharesworth? Maybe this could work on a lesser scale say £300 pounds each and Deliatakes £6 Million reducing her shareholding but staying on at say 15%? Probably not a workable solution with the law etc... but in a Pink Un and Fluffy land this may just be possible?I am prepared to go for it if possible and will certainly pay £600 todo this and ensure the future of the Club and the Football we watch?Anybody? Share this post Link to post Share on other sites
WeAreYellows49 0 Posted November 13, 2008 [quote user="Snakepit boys"]What about:Delia has from what I hear on here put in £12,000,000 now she has refused to go with Cullums £20,000,000 input as it would lower her shares worth from what I can gather?So what about if we can get 20,000 fans to signup to buy Delias shares off her costing £600 each? Now we are in a position to take Cullum up on his offer. We issue a new shareholding so as the shares are worth less, however us the supporters have a large holding in the Club. We have Cullum on board as a major shareholder but with the supporters holding 30% ish! Delia leaves happy and if getting to the promised land and with the clout of Cullum on board we may just increase our shares worth? Maybe this could work on a lesser scale say £300 pounds each and Delia takes £6 Million reducing her shareholding but staying on at say 15%? Probably not a workable solution with the law etc... but in a Pink Un and Fluffy land this may just be possible?I am prepared to go for it if possible and will certainly pay £600 to do this and ensure the future of the Club and the Football we watch?Anybody?[/quote]Erm this would be £600 in a recession and with Christmas coming up, people who can''t afford to pay bills and mortgages, people being made redundant........... nice idea but no thankyou.To be fair I couldn''t see Delia saying ''''ohhhh thankyou very much and I will happily just walk away without making a nice profit''''.It''s not just about the initial outlay, it''s about how would we as fans ever afford to run the club when those who are millionaires can''t make it work. Share this post Link to post Share on other sites
E I E I E I O 0 Posted November 13, 2008 Such a Pessimist WAY49![:(] Share this post Link to post Share on other sites
WeAreYellows49 0 Posted November 13, 2008 [quote user="Snakepit boys"]Such a Pessimist WAY49![:(][/quote]I''m sorry but its'' who I am, I won''t lie or play nicely just to help people feel better, I tell it how it is lol.A fan buyout is a good idea in theory, but ask some Liverpool fans how easy it is to raise funds to buy shares, it ain''t simple, plus bare in mind also Liverpools fan base is massive compared to ours.Fans shell out for season tickets, home and away ones, they pay for shirts and jackets, jumpers and caps, scarves and gloves, xmas cards etc from the club shop, without what is spent on a matchday in the ground on food and drink. So fans do regularly pay into the CR coffers, it''s up to the club where that money should be best spent, and IMO it hasn''t been spent in the right areas.Sad as it is the board & circumstances have got us into this mess, they are clueless how to get out of it, and even asked the shareholders what they should do, IMO that is their lookout, they should have been more careful what they were doing with their money. Share this post Link to post Share on other sites
E I E I E I O 0 Posted November 13, 2008 What about buying in as Xmas presents! Can you get a better present than a shareholding in your Club???!!!!I am sure there are 20,000 NCFC fans that can afford to buy in. Some can even buy multiples?This secures Delias future, gets Cullum in as the Major shareholder (thus securing the future of the Club)This allows the Fans a large holding and more decision in future dealings, if done well! Share this post Link to post Share on other sites
KeelansGlove 0 Posted November 13, 2008 I personally dont think this is the craziest idea I have ever heard.The key would be getting both Delia and Cullum on board which I cant see happening any time soon.Lets say we manage to keep Delia on board and get confirmation Cullum would come back to the table.for arguments sake lets value Delias share value at 10MFans buy up 50% of Delias shares 20,000 at £250 less than the cost of a season ticket and Im sure some fans would be able to fund 5 or 10 times that amount to offset those who could not afford the £250.Convince Cullum to buy half the remaining shares from the proposed 20M (still bringing in 17.5M to the club)Convince Delia to remain on board (which was also a requirement of Cullums original interest) with her devalued shareholding but 7.5M taken out of the club.Put me down for £1000Nice Idea though Share this post Link to post Share on other sites
E I E I E I O 0 Posted November 13, 2008 Keelans,I genuinely do believe this could be a working solution for all involved. I unfortunately do not have the time or clout to run with something like this. I am sure there are some people on here that may have though? Share this post Link to post Share on other sites
E I E I E I O 0 Posted November 13, 2008 my thoughts for this are that:I believe Delia does not want to lose all 12 Million and cant afford to, although she wishes to secure the clubs future. This way she secures her future and the Club.I believe Cullum wishes to keep Delia on board due to the revenue she brings in annually.I believe that the fans are keen to have more input into the club and this would give them a footholding from which to do so. I am sure a person or committee could be organised to have a say. This could maybe done on a rolling basis where as everybody gets a go and the committe does not become stale!! Share this post Link to post Share on other sites
Thecanaryfan 0 Posted November 13, 2008 [quote user="Snakepit boys"]What about:Delia has from what I hear on here put in £12,000,000 now she has refused to go with Cullums £20,000,000 input as it would lower her shares worth from what I can gather?So what about if we can get 20,000 fans to signup to buy Delias shares off her costing £600 each? Now we are in a position to take Cullum up on his offer. We issue a new shareholding so as the shares are worth less, however us the supporters have a large holding in the Club. We have Cullum on board as a major shareholder but with the supporters holding 30% ish! Delia leaves happy and if getting to the promised land and with the clout of Cullum on board we may just increase our shares worth? Maybe this could work on a lesser scale say £300 pounds each and Delia takes £6 Million reducing her shareholding but staying on at say 15%? Probably not a workable solution with the law etc... but in a Pink Un and Fluffy land this may just be possible?I am prepared to go for it if possible and will certainly pay £600 to do this and ensure the future of the Club and the Football we watch?Anybody?[/quote]Do you honestly think Delia deserves to recoup all of the £12m after what she has done to the club? She doesnt deserve a bean back imo. Share this post Link to post Share on other sites
Coelho 0 Posted November 13, 2008 [quote user="Snakepit boys"]my thoughts for this are that:I believe Delia does not want to lose all 12 Million and cant afford to, although she wishes to secure the clubs future. This way she secures her future and the Club.I believe Cullum wishes to keep Delia on board due to the revenue she brings in annually.I believe that the fans are keen to have more input into the club and this would give them a footholding from which to do so. I am sure a person or committee could be organised to have a say. This could maybe done on a rolling basis where as everybody gets a go and the committe does not become stale!![/quote]And if we get 20,000 fans all with a shareholding in the club, then what? We''ve already proved beyond a shadow of a doubt that we''re utterly incapable of agreeing with each other or discussing things rationally...! It is an lovely idea of collective co-operation in a climate of capitalist collapse and ''credit crunch'', but it simply won''t happen. Seriously, when push comes to shove, you''d struggle to get 1,000 fans to actually ''click the button'' and give away another several hundred pounds of their hard-earned. I''d love to be proved wrong, but I really don''t think I will be. Share this post Link to post Share on other sites
nutty nigel 7,902 Posted November 13, 2008 [quote user="WeAreYellows49"][quote user="Snakepit boys"]What about:Delia has from what I hear on here put in £12,000,000 now she has refused to go with Cullums £20,000,000 input as it would lower her shares worth from what I can gather?So what about if we can get 20,000 fans to signup to buy Delias shares off her costing £600 each? Now we are in a position to take Cullum up on his offer. We issue a new shareholding so as the shares are worth less, however us the supporters have a large holding in the Club. We have Cullum on board as a major shareholder but with the supporters holding 30% ish! Delia leaves happy and if getting to the promised land and with the clout of Cullum on board we may just increase our shares worth? Maybe this could work on a lesser scale say £300 pounds each and Delia takes £6 Million reducing her shareholding but staying on at say 15%? Probably not a workable solution with the law etc... but in a Pink Un and Fluffy land this may just be possible?I am prepared to go for it if possible and will certainly pay £600 to do this and ensure the future of the Club and the Football we watch?Anybody?[/quote]Erm this would be £600 in a recession and with Christmas coming up, people who can''t afford to pay bills and mortgages, people being made redundant........... nice idea but no thankyou.To be fair I couldn''t see Delia saying ''''ohhhh thankyou very much and I will happily just walk away without making a nice profit''''.It''s not just about the initial outlay, it''s about how would we as fans ever afford to run the club when those who are millionaires can''t make it work.[/quote]£600 is not in excess of 3 figures so I''m sure Wiz would be up for it. [:O] Share this post Link to post Share on other sites
KeelansGlove 0 Posted November 13, 2008 I think in principle it works but there are some fairly major ifs and buts although the numbers could be reworked here and there depending on willingness from either Cullum or Delia. The beauty of that is that non compliance on either side would clearly show that some of the previous statements are just hot air and show them in a very bad light.Question 1Could the fans raise 5M ??We would have to have enough people on board that believe it to be possibleQuestion 2Is Cullum still interested ?With all the politics invloved and the mudslinging from carrow road not to mention the fact that he was not deemed worthy of a face to face meeting who could blame him from not wanting to get invloved.Question 3Would Delia go for it ??If enough people were behind it the concept questions 2 & 3 could be put to Cullum & Delia in principle via Archant and if they bought into the concept you would hope it would be fairly straighforward to appeal for support through the EDP and online.Still pie in the sky but not impossible Share this post Link to post Share on other sites
blahblahblah 2 Posted November 13, 2008 The club could offer a £100 top-up on the season ticket which could give voting rights for an elected fan on the board. If you got 10,000 people to do this, you''d raise 1 million per season. Given that the Turners got their spots for 2 million, and were expected to put a further 2 million in, it seems like a reasonable price for representation, and might give the club a new channel for the flow of ideas between club and supporter base. Share this post Link to post Share on other sites
The Lucky Nine 0 Posted November 13, 2008 Contact the Trust, they have been trying to raise cash to buy shares for years. See how they are doing! I dont think they have got very far mind! Share this post Link to post Share on other sites
KeelansGlove 0 Posted November 13, 2008 I dont disagree it is by all measures a long shot but by no means impossible, I have 3 season tickets and if you asked me would i pay double for season for some real money to be invested on the pitch I would say yes. The opposite view would be am I really looking forward to buying my tickets for next season in all likelyhood seeing us even less likely to compete at this level or perhaps league 1 the answer is no. without significant investment on the pitch I can see crowds for next season being down to a level of 15-16000 call me a pessimist if you like but I know alot of lifelong season ticket holders that are very negative about renewing.The key is if we were able to get Delia and Cullum on board we would know that for every pound we invested cullum would invest 4 making it more likely to get people to sign up.Times are desperate Share this post Link to post Share on other sites
KeelansGlove 0 Posted November 13, 2008 Blah the key is getting Cullum on board without his 20M there is no way people would throw good money after bad with a new share issue and the problems we have would not be addressed by 1 or 2 M or even 5M But 20M could make a huge difference Share this post Link to post Share on other sites
E I E I E I O 0 Posted November 13, 2008 I believe Cullum is still more than interested, from this statement on the Evening News:"So I think she''s reported it accurately and, from my perspective,discussions have been terminated and I shall watch anxiously, as alifelong supporter, at the disappointing results on the pitch."I feel that maybe us and Cullum are expecting Delia to take far too large a hit here, maybe we can meet her in the middle and all come to a happy ending? Share this post Link to post Share on other sites
blahblahblah 2 Posted November 13, 2008 [quote user="KeelansGlove"]Blah the key is getting Cullum on board without his 20M there is no way people would throw good money after bad with a new share issue and the problems we have would not be addressed by 1 or 2 M or even 5M But 20M could make a huge difference[/quote]Agreed, it would be great to have someone of his obvious negotiating prowess and resources behind the team. Sadly he has indicated that he is now not interested. Share this post Link to post Share on other sites
E I E I E I O 0 Posted November 13, 2008 Anybody bar Keelans actually think this is a feasible option? Share this post Link to post Share on other sites
dhickl 0 Posted November 13, 2008 And with the change of ownership, who will pay of the £20m debt? I doubt any of the banks will refinance it for the new owners. Share this post Link to post Share on other sites