Shearergol Posted September 9, 2008 Share Posted September 9, 2008 just have a problem with you claiming that a business cant be run with shareholders, or that it would be fantasy. plcs have millions of shareholders. Didn't your hero leave Newcastle the first time because we became a PLC? Read Indi's post again, a few times. It may help you understand the point he's trying to make. Link to post Share on other sites More sharing options...
cp40 Posted September 9, 2008 Share Posted September 9, 2008 your post is so rambling, and shows little understanding of how business' work, i can forgive myself if i misunderstood your point. ive read it again and still cant decode it fully. Link to post Share on other sites More sharing options...
Heron Posted September 9, 2008 Share Posted September 9, 2008 No. Link to post Share on other sites More sharing options...
indi Posted September 9, 2008 Share Posted September 9, 2008 your post is so rambling, and shows little understanding of how business' work, i can forgive myself if i misunderstood your point. ive read it again and still cant decode it fully. Where'd you get your MBA from then? Just admit you don't know what you're on about and shot your mouth off without reading/understanding it properly. Link to post Share on other sites More sharing options...
Parky Posted September 9, 2008 Share Posted September 9, 2008 If clubs were runs as fans' collectives, Arsenal would never have appointed Wenger and Ferguson would have been booted out of Man U after two seasons. I'm sold. Link to post Share on other sites More sharing options...
cp40 Posted September 9, 2008 Share Posted September 9, 2008 your post is so rambling, and shows little understanding of how business' work, i can forgive myself if i misunderstood your point. ive read it again and still cant decode it fully. Where'd you get your MBA from then? Just admit you don't know what you're on about and shot your mouth off without reading/understanding it properly. tell me what your point is, your post, then subsequent arguments are so contradictory. it reads that you think a business cannot operate with shareholders, having varying amounts of equity, or does it not, your post is a shambolic argument to be fair, .. Link to post Share on other sites More sharing options...
toontownman Posted September 9, 2008 Share Posted September 9, 2008 No nufc is way too big a company to be run by a bunch of amateurs. There's a million reasons why it's a bad idea. What would they do for transfers all chip in a few quid? It's amusing that most of the people supporting this are the same ones who were saying that they thought the club should be breaking the bank on transfers! Do you lot ever visit the place the rest of us call reality? This, for starters. Link to post Share on other sites More sharing options...
Matt Posted September 9, 2008 Share Posted September 9, 2008 While I take Indi's point it suggests a 100% equity injection. While of course you take on varying degrees of risk and require some pretty rigourous cashflow management (eg long term ST debentures, contribution schemes etc) you could fund such a deal a mix of debt to equity. Football clubs are unstable businesses and I'm not a sector expert (I work with transport and utility companies) but I'm sure you could at least acheive a 1:1 ratio. That would have the bodes required on each of your numbers. How much more attainable that is in people eyes is a matter of opinion. The flipside of that is debtholders come first- so you have to pay your interest bill before you can go out and sign players. Providing the club is still making money, that wouldn't be a problem. Arsenal issued bonds on a £225m season-ticket backed securitisation. We'd not hit that, but it could be done (though not right now as bond markets are fucked). Link to post Share on other sites More sharing options...
indi Posted September 9, 2008 Share Posted September 9, 2008 your post is so rambling, and shows little understanding of how business' work, i can forgive myself if i misunderstood your point. ive read it again and still cant decode it fully. Where'd you get your MBA from then? Just admit you don't know what you're on about and shot your mouth off without reading/understanding it properly. tell me what your point is, your post, then subsequent arguments are so contradictory. it reads that you think a business cannot operate with shareholders, having varying amounts of equity, or does it not, your post is a shambolic argument to be fair, .. No it doesn't. It reads like a response to Phil's list of things that would make a fan takeover of the club different from a PLC, which is - strangely enough - exactly what it was. I asked what major differences there was between what had been proposed and a PLC, Phil gave a list which he said made it "very different" and I countered that by saying how I thought all the differences he'd listed, apart from one (ie the dividends), didn't apply and explained why I thought that. What's so hard to follow about that? It's pretty much a standard discussion argument and counter-argument, claim and counter-claim, Is there anyone else who can't follow it? What subsequent arguments are so contradictory? All I've done since is to point out that you've either misread or misunderstood what's going on, that's not an argument it's a statement of fact. Why don't you just read the whole quote pyramid again, then you'll understand the context and it'll hopefully make sense, then we can all move on with the thread. Link to post Share on other sites More sharing options...
TRon Posted September 9, 2008 Share Posted September 9, 2008 your post is so rambling, and shows little understanding of how business' work, i can forgive myself if i misunderstood your point. ive read it again and still cant decode it fully. Where'd you get your MBA from then? Just admit you don't know what you're on about and shot your mouth off without reading/understanding it properly. tell me what your point is, your post, then subsequent arguments are so contradictory. it reads that you think a business cannot operate with shareholders, having varying amounts of equity, or does it not, your post is a shambolic argument to be fair, .. You should stick to writing poems, they are quite catchy. Link to post Share on other sites More sharing options...
cp40 Posted September 9, 2008 Share Posted September 9, 2008 Admit i misread it?, Me?, id never hear the last of it. i have read it again, cant think why i got the opinion you thought shares in the club wouldnt work, apart from everthing you said that is. Link to post Share on other sites More sharing options...
Parky Posted September 9, 2008 Share Posted September 9, 2008 just have a problem with you claiming that a business cant be run with shareholders, or that it would be fantasy. plcs have millions of shareholders. Didn't your hero leave Newcastle the first time because we became a PLC? Read Indi's post again, a few times. It may help you understand the point he's trying to make. You and Indi have really mastered this talking down to people lark. Link to post Share on other sites More sharing options...
indi Posted September 9, 2008 Share Posted September 9, 2008 Admit i misread it?, Me?, id never hear the last of it. i have read it again, cant think why i got the opinion you thought shares in the club wouldnt work, apart from everthing you said that is. You're off your head!! Link to post Share on other sites More sharing options...
indi Posted September 9, 2008 Share Posted September 9, 2008 just have a problem with you claiming that a business cant be run with shareholders, or that it would be fantasy. plcs have millions of shareholders. Didn't your hero leave Newcastle the first time because we became a PLC? Read Indi's post again, a few times. It may help you understand the point he's trying to make. You and Indi have really mastered this talking down to people lark. Well we've learnt from the master, I see you've moved on to irony now. Link to post Share on other sites More sharing options...
Parky Posted September 9, 2008 Share Posted September 9, 2008 just have a problem with you claiming that a business cant be run with shareholders, or that it would be fantasy. plcs have millions of shareholders. Didn't your hero leave Newcastle the first time because we became a PLC? Read Indi's post again, a few times. It may help you understand the point he's trying to make. You and Indi have really mastered this talking down to people lark. Well we've learnt from the master, I see you've moved on to irony now. Watch it. Link to post Share on other sites More sharing options...
Guest optimistic nit Posted September 10, 2008 Share Posted September 10, 2008 http://www.grapheine.com/bombaytv/index.ph...e6e2c14b11b71db Link to post Share on other sites More sharing options...
dilligaf Posted September 14, 2008 Share Posted September 14, 2008 good grief http://www.goal.com/en/Articolo.aspx?ContenutoId=863277 Link to post Share on other sites More sharing options...
Robster Posted September 14, 2008 Share Posted September 14, 2008 good grief http://www.goal.com/en/Articolo.aspx?ContenutoId=863277 Another "close friend" talking to the media Link to post Share on other sites More sharing options...
bovineblue Posted September 14, 2008 Share Posted September 14, 2008 If clubs were runs as fans' collectives, Arsenal would never have appointed Wenger and Ferguson would have been booted out of Man U after two seasons. And we wouldn't have had Souness. Oh happy days. Link to post Share on other sites More sharing options...
Guest Howaythetoon Posted September 15, 2008 Share Posted September 15, 2008 http://www.savenewcastle.com/index.html Link to post Share on other sites More sharing options...
Guest Toon Barmy Posted September 15, 2008 Share Posted September 15, 2008 The lunatics have taken over the asylum, bagsy I'm manager this week. Link to post Share on other sites More sharing options...
Mowen Posted September 16, 2008 Share Posted September 16, 2008 My biggest worry would be HTT putting some small print in about having to have Sam Allardyce as manager. I'm more worried about what happens to HTT's vote when he walks out on the club again. for both Link to post Share on other sites More sharing options...
Slim Posted September 16, 2008 Share Posted September 16, 2008 Tbh i would never trust the newcastle Mongs..i mean fans to run this club Link to post Share on other sites More sharing options...
La Parka Posted September 16, 2008 Share Posted September 16, 2008 Tbh i would never trust the newcastle Mongs..i mean fans to run this club Link to post Share on other sites More sharing options...
TRon Posted September 16, 2008 Share Posted September 16, 2008 The fans are good at making a racket, waving placards and writing pompous opinionated crap in fanzines. Don't expect them to do more than that unless you liver in cloud cuckoo land where Fred Shepherd, Sting and Andy Capp will form a consortium to buy Newcastle and install Keegan and Shearer as joint managers. Link to post Share on other sites More sharing options...
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