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Posts
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Everything posted by Taylor Swift
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But Dempsey was always going to succeed, wherever he went. With a name like Clint, how could you fail in life?
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Maybe Cronaldo will take his shirt off again. That boy is fucking ripped.
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Chelsea playing very well.
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And lose quite often too Ah, shit, forget I said anything. Let's move on.
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Vermaelen own goal. Fantastic cross from Cole.
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Cole to Drogba. Fantasy-tastic.
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9 Krancjar.
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What ? who now? Bentley curls a free-kick onto the bar, bounces out against Kirkland and into the net.
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5 for Defoe.
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187 now
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186 Serie A goals now for him.
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Best of luck, peasepud.
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It'll have to if it wants to have any hope of raising enough money. Guarantee 5%, hope to raise £120m, spend £80m on the club, £25m on players to get promoted then spend that £40m extra cash from the Premiership on players/wages and you'll still have £15m left from the initial capital raised. Say you spend £5m on the interest payments, you're still fine because now two years have passed meaning you only have to guarantee the money for a year and since you're in the Premiership, you can refinance some loans etc. and reinvest in the first-team again. There is risk involved but no one's gotten anywhere in life without taking a few risks. Even the best run club in the world (Arsenal) have risked a lot to get to where they are now.
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Why would the numbers be unworkable? There are of course different models of funds and their returns but because most people investing in the club will do so because of their care/love rather than financial interest, I think it'd be reasonable to operate on an equity fund model (with the equity being the club) where you guarantee an interest rate for 2-5 years then after that, it's wholely up to the judgment of the board when to give out 'dividends'. So for the first 2-5 years, no matter how good/bad the club's finances are, investors would get 2% of their investment back per year, then after that their return will be dependent on the club's finances. Of course, if you operate using this model, the number of shares has to be restricted to a certain amount and people can 'trade' their 'shares' based on the returns. Then, if you have a significant number of people on your waiting list, you issue more shares after x amount of years guaranteeing y% returns for z years, thus increasing the club's capital without guaranteeing that much returns to your investors, meaning the club isn't leveraged to fuck. If you raise more capital, you'll only have to guarantee the return to the people you're getting money from, not all of your investors because the initial guarantee is over. This way, you don't risk a lot but you can still raise money when (if) it's needed. But that's why I asked about how much NUST are looking for from investors and who they are targetting because there needs to be a specific plan in place regarding the finances if you're going to attract public institutions/funds like pension funds etc. Personally, I think 2% won't be enough. Think about guaranteeing 5% for 3 years and you'll get money from other people and you only have to guarantee the return for 3 years. This form of fundraising would get your pension funds interested, and hopefully that combined with the money raised from fans will be enough.
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I don't know if this will piss Dave off but I haven't read the middle part of the thread and I'm wondering about the exact number of people required to make this buyout work. How much is NUST actually looking for from the average joes and how many average joes are they looking for? You say you have people from banks etc. interested so I presume that you're not looking to raise the whole £80m from normal people. So how many people are you looking for? And how many shares do you ultimately see yourself issueing out? 100k shares worth £1500 each?
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There is a full Q and A section on the website in realtion to the proposed buy out. At the moment we will be asking peple to deposit 10% of their pledged investment into an escrow account which is set up and handled by a respected city centre local legal firm. If the buy out does not work then the 10% is refundable. By all means be secptical, ask the questions, read what NUST has to say, and watch the campaign grow over the coming days, the chron, journal etc will feature full page ads, the website will be updated and reflect whats happening, this is the ultimate protest and the best, most organised, professional, clear and transparent way to remove the current regime. Will investors get the 10% deposit that's put into the escrow account back? What % of it will be deducted for administrative fees? I think I'll invest more but only through N-O.
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This is my biggest concern. Is there a financial/business plan in place? I suppose you'll require detailed knowledge of the club's finances to answer that so when you have that information, this thing can become a whole lot more serious than it is now because there's no way £80m will be enough. It'll buy the club but what happens after that? Who invests the money for transfers? What happens in the event that the club suffers serious financial losses and has to be sold? Who's the main creditor? What's the voting structure? How long is a 'presidential' term? Will the prez be able to appoint anyone he wants (eg. his younger brother who knows nothing but will sit on the board and collect £100k/year)? There needs to be clear and proper rules in place, almost like a constitution, if you will, for the governance of the club. If NUST don't have this or don't plan on forming them quite soon then this whole idea is ridiculous.
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I'm in for a decent amount if there's a real possibility of this happening. This is a once in a lifetime opportunity to own part of the club I love so I'll be good for £150.
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Transparency regarding the finances and wages so EVERYONE knows how difficult it'll be. If everyone knows how much of a loss we're making and our wage:turnover ratio then I think you'd see a lot more patience and understanding. It'd be the first step towards getting the fans on the board's side. Then you appoint a DoF type with experience in the football world to run things regarding the fooball i.e. appointing managers etc., then you appoint an experienced finance type guy to look after your finance. You sit and just make sure everything is done according to the book. If we have a dumbfuck president who sticks his head into everything (that he doesn't know about), we'll be fucked.
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Giggs. I think he'll make an excellent manager, too.
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Beauty.
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http://www.thedailymash.co.uk/sport/sport-headlines/newcastle-to-rename-stadium-every-30-seconds-200911052203/ You might not believe this, but for 40 days in 2005, the Boston Celtics' stadium was renamed every single day according to the highest bid on ebay for the naming rights for that day.
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Babel being left-footed Do you even watch football, Nixon? Or just play FM?