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Latest Takeover Rumour. The Moores / Noell one

Are you For or Against the idea of the possible Moores / Noell takeover ?


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Except in terms of repaying the loan even at 8% interest and over a reasonable period the increase in revenue is less than the repayment leading to negative cashflow.
Naming rights and other usage are the key along with corporates in my opinion.
Why a new/redeveloped stadium?
Easy - have to expand other streams of income in order to significantly increase the wages budget under FFP to attract players to win things.
Kitbag deal. I've said it before, how much to buy out the contract as that will affect the decision on what to do about it as you have to factor it in to see if your profit level justifies it rather than running it down.
Was looking at you earlier 4 point strategy, and again as I've said before the JG loan could conceivably have no benefits to being paid off and the Prudential Trustees loan would have to be repaid before a ground move (certainly),or a redevelopment (probably) as ground capacity and the stream of income underpinning the loan is compromised.

Which is why I bore everyone to death about the importance of equity investment over debt :)

Re JG Funding (as was), it's been a while since I read the loan documentation but even settling the debt 3 months early would offer potential savings of around £450,000.
 
Which is why I bore everyone to death about the importance of equity investment over debt :)

Re JG Funding (as was), it's been a while since I read the loan documentation but even settling the debt 3 months early would offer potential savings of around £450,000.
I'm with you on the equity funding - could still be done to fund a stadium by the issue of B shares as previously mooted.
I use JG cos I'm idle and can't be bothered looking up their new name, but have never seen anything outside the public record so would have thought it was a term loan with penalties equivalent to interest for the whole term but am wrong.
Even without equity funding, surprised you didn't tell me the negative cash flow is a bit of a red herring - if you assume that the extra money is about 30mil per season, about 25 mil has to be either accumulated, expensed excluding player wages or used for capital/infrastructure.
 

all makes sense now 'stop watching me mum!'

LOL-lol-male-smiley-smiley-emoticon-000580-huge.png
 
Except in terms of repaying the loan even at 8% interest and over a reasonable period the increase in revenue is less than the repayment leading to negative cashflow.
Naming rights and other usage are the key along with corporates in my opinion.
Why a new/redeveloped stadium?
Easy - have to expand other streams of income in order to significantly increase the wages budget under FFP to attract players to win things.
Kitbag deal. I've said it before, how much to buy out the contract as that will affect the decision on what to do about it as you have to factor it in to see if your profit level justifies it rather than running it down.
Was looking at you earlier 4 point strategy, and again as I've said before the JG loan could conceivably have no benefits to being paid off and the Prudential Trustees loan would have to be repaid before a ground move (certainly),or a redevelopment (probably) as ground capacity and the stream of income underpinning the loan is compromised.
Edit JG paid off pre-term
8% really? Seems very high in the current interest rate environment.
 
I can honestly say that I have always thought Kenright was a chancer and that his lack of disposable
millions would hurt the club. And this is a feeling I'm getting with these two American buyers.

They do not have the dosh to make this a vanity or entertainment purchase. They will be seeking a financial
return on their investment and this changes everything. It will be their club and they will do everything to maximize
profits.

I truly hope that Kenright does one right thing (signing DM and RM apart) and somehow nails tough terms on the prospective buyers.
 
8% really? Seems very high in the current interest rate environment.
Working on the basis of 100% finding intimated by the esk and the investors wanting a reasonable return, added to the presumption that a football stadium has little "bricks and mortar" value, I don't find it that unreasonable. Even a cut to say 6% makes it marginal with regard to cash flow but if you read my subsequent post, you'll find that it's a self confessed (partial) red herring.
 

Cant help wondering to what extent the new prospective owners would expand & grow the "Brand " If it is these Americans we could be very well placed to take advantage of the forthcoming boom in ( soccer ) football in the U.S. Rumours of an "expansion club" have been mooted, this would surely open up a whole new world of opportunities.Arsenal, Man utd, Liverpool & now City (All American owned) have a large following stateside and with the right management/marketing could it put us at that level ?
We've had some ties in the States , Donovan ,Howard even as far back as Preki & McBride . Lately we've had fantastic exposure with the the movie Creed.
I shudder to think if the current board remained in situ it would be yet another missed opportunity.I think these guys could be just what we need at this time.
If theres one thing they cannot be faulted on is they certainly know how to make money (by the millions) their business track record is superb .
A leap into the unknown is what a lot fear about this takeover, but the opportunities are there to put this club back where it belongs....if we give it a chance & embrace it.
 
I
Cant help wondering to what extent the new prospective owners would expand & grow the "Brand " If it is these Americans we could be very well placed to take advantage of the forthcoming boom in ( soccer ) football in the U.S. Rumours of an "expansion club" have been mooted, this would surely open up a whole new world of opportunities.Arsenal, Man utd, Liverpool & now City (All American owned) have a large following stateside and with the right management/marketing could it put us at that level ?
We've had some ties in the States , Donovan ,Howard even as far back as Preki & McBride . Lately we've had fantastic exposure with the the movie Creed.
I shudder to think if the current board remained in situ it would be yet another missed opportunity.I think these guys could be just what we need at this time.
If theres one thing they cannot be faulted on is they certainly know how to make money (by the millions) their business track record is superb .
A leap into the unknown is what a lot fear about this takeover, but the opportunities are there to put this club back where it belongs....if we give it a chance & embrace it.

Lot of fans ticked the Yes box for the Kirby ground move on the back of a few fancy batman lights and suntan telling us all that the ground was going to fall down.

Look how that turned out....a leap into the unknown with our owners and the Americans should be put under the biggest microscope by the FANS !
 

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