Menace Posted July 10 Share Posted July 10 Aye Amanda called the shots regarding Howe. Not the 80% share owner. Howe is on thin nice. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted July 10 Share Posted July 10 1 minute ago, et tu brute said: Seems to me there is probably heavy investment coming in and obviously she just doesn't have the capital to keep up with that I don't fully understand how this works, each shareholder has to invest relative to their percentage? Couldn't they just let her off her bit if she can't afford it? Link to post Share on other sites More sharing options...
Stifler Posted July 10 Share Posted July 10 (edited) I’ll be sad about them leaving. The club got to them in a good way. They connected with the fans, the area etc. Little things like the windows eventually being washed, bringing Adidas back, and the Newcastle sign. I doubt any of that happaned without them getting to know the club, and listening to supporters. What we have now is a group of people who will be very good at their job, but maybe not emotionally tied to us. PIF now ultimately have the blank slate to make the difficult decisions. Ok long term they will likely all be best for the club, but you’ll likely have less input as a fan now. We’ll now likely have the new stadium, be it a rebuild, or a new location, it will have a sponsored name, and no longer be SJP (if it’s a rebuild). We’ll end up getting a new club badge. Popular, and local players will go for better players, possibly more evident this year with the women’s team. We all know this was going to come eventually, but when those decision are made, and when we have things like the sign that is little in the grand scheme of things, but massive to the supporters, we’ll no longer have them there for us. I hope they get some peace though. We all know about her lawsuits which is likely to leave PCP bankrupt, or not far off. Hopefully they are able to settle all of that, spend sometime with their son, and hopefully they are able to watch us as fans, and don’t go tying up another deal for say West Ham. Above all else, hopefully this isn’t being pushed by Amanda’s medical condition. Edited July 10 by Stifler Link to post Share on other sites More sharing options...
Menace Posted July 10 Share Posted July 10 Just now, AyeDubbleYoo said: I don't fully understand how this works, each shareholder has to invest relative to their percentage? Couldn't they just let her off her bit if she can't afford it? If the value of the club increases and she hasn't had to put a penny in to fund it - is it then fair if she sells and demands the equal share price for her shares? Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted July 10 Share Posted July 10 Just now, Menace said: If the value of the club increases and she hasn't had to put a penny in to fund it - is it then fair if she sells and demands the equal share price for her shares? Maybe not but I was asking about how it would cause her to sell. Link to post Share on other sites More sharing options...
Menace Posted July 10 Share Posted July 10 If the investors want to throw money at something and she's not able to due to the money being quoted - she's not longer a viable investor so presumably PIF/RB will buy her shares. 1 minute ago, AyeDubbleYoo said: Maybe not but I was asking about how it would cause her to sell. Link to post Share on other sites More sharing options...
FloydianMag Posted July 10 Share Posted July 10 Just now, Menace said: If the investors want to throw money at something and she's not able to due to the money being quoted - she's not longer a viable investor so presumably PIF/RB will buy her shares. Reported on Sky that PIF have bought them🤷♂️ Link to post Share on other sites More sharing options...
jonny1403 Posted July 10 Share Posted July 10 6 minutes ago, Stifler said: I’ll be sad about them leaving. The club got to them in a good way. They connected with the fans, the area etc. Little things like the windows eventually being washed, bringing Adidas back, and the Newcastle sign. I doubt any of that happaned without them getting to know the club, and listening to supporters. What we have now is a group of people who will be very good at their job, but maybe not emotionally tied to us. PIF now ultimately have the blank slate to make the difficult decisions. Ok long term they will likely all be best for the club, but you’ll likely have less input as a fan now. We’ll now likely have the new stadium, be it a rebuild, or a new location, it will have a sponsored name, and no longer be SJP (if it’s a rebuild). We’ll end up getting a new club badge. Popular, and local players will go for better players, possibly more evident this year with the women’s team. We all know this was going to come eventually, but when those decision are made, and when we have things like the sign that is little in the grand scheme of things, but massive to the supporters, we’ll no longer have them there for us. I hope they get some peace though. We all know about her lawsuits which is likely to leave PCP bankrupt, or not far off. Hopefully they are able to settle all of that, spend sometime with their son, and hopefully they are able to watch us as fans, and don’t go tying up another deal for say West Ham. Above all else, hopefully this isn’t being pushed by Amanda’s medical condition. There are SO many assertions in this post that are just complete bollocks Link to post Share on other sites More sharing options...
toontownman Posted July 10 Share Posted July 10 Genuinely sad if they have cut ties. Such a massive impact they have had here on and off the pitch. It does indicate more exciting investment to come though, and was always inevitable as the club continued to grow. Hoping they are able to still be involved in some capacity moving forward even if it's just in the stands. Good luck with what they have next and forever grateful. They seem like very genuine people. Hope that connection to the fans from the club continues to grow without them. Link to post Share on other sites More sharing options...
Shays Given Tim Flowers Posted July 10 Share Posted July 10 7 minutes ago, Kid Icarus said: It was George Michael you absolute fraud It’s almost like he’s retrofitted his explanation. Link to post Share on other sites More sharing options...
et tu brute Posted July 10 Share Posted July 10 5 minutes ago, AyeDubbleYoo said: I don't fully understand how this works, each shareholder has to invest relative to their percentage? Couldn't they just let her off her bit if she can't afford it? It's always been the case this was happening (she even said this herself) it's why her % shares have already been diluted so far. With even bigger investment coming in there is no other choice. It's a business so they're not going to let her off, but she will obviously be paid for her remaining shares Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted July 10 Share Posted July 10 Is bigger investment allowed to come in? Guess so if it's for things like training ground and stadium? Link to post Share on other sites More sharing options...
Monkey Alan Posted July 10 Share Posted July 10 (edited) Oh Mandy, you came and you gave without taking (apart from the money you owe people left, right and centre) Edited July 10 by Monkey Alan Link to post Share on other sites More sharing options...
TRon Posted July 10 Share Posted July 10 Pretty sure her and Mehrdad will continue to show support unofficially, they just won't be part of the decision making. It was probably inevitable, but she's become such a great ambassador for the club it will still feel like a big wrench. Wish her well with whatever she does in the future, she played a massive part in turning us around, and won't be forgotten. Link to post Share on other sites More sharing options...
Anderson Posted July 10 Share Posted July 10 4 minutes ago, AyeDubbleYoo said: Is bigger investment allowed to come in? Guess so if it's for things like training ground and stadium? There's no restrictions on investment into the club. FFP etc is all about accounting losses, i.e. where the money is spent, not what is put in. And as you say, spending out stadiums/training ground/infrastructure isn't included in the calcs. Link to post Share on other sites More sharing options...
Scoot Posted July 10 Share Posted July 10 Was inevitable really. Can't thank her and Mehrdad enough for fighting for this club. If it wasn't for them, God knows where we'd be. Thank you! Link to post Share on other sites More sharing options...
Dancing Brave Posted July 10 Share Posted July 10 Just now, Scoot said: Was inevitable really. Can't thank her and Mehrdad enough for fighting for this club. If it wasn't for them, God knows where we'd be. Thank you! This ^ Link to post Share on other sites More sharing options...
Chris L Posted July 10 Share Posted July 10 hope the club make them feel like they are welcome back at any time they want (if they do want to) and dont forget the work they have put in. Link to post Share on other sites More sharing options...
SUPERTOON Posted July 10 Share Posted July 10 1 hour ago, gdm said: Downie throwing a little shred of doubt that is was their decision to go. Hope they weren’t forced out If they didn’t want to go, they wouldn’t have had to sell surely ? Link to post Share on other sites More sharing options...
HawK Posted July 10 Share Posted July 10 Fitting tribute would be a reword of Coloccini's song... her name fits perfectly for the cadence Link to post Share on other sites More sharing options...
Kasper Posted July 10 Share Posted July 10 2 minutes ago, SUPERTOON said: If they didn’t want to go, they wouldn’t have had to sell surely ? Yeah I’m sure that’d be a great move for a person doing business in that region. Link to post Share on other sites More sharing options...
SUPERTOON Posted July 10 Share Posted July 10 What’s everyone’s thoughts on the news, just inevitable it was going to happen ? Or part of something bigger planned ? Link to post Share on other sites More sharing options...
Sibierski Posted July 10 Share Posted July 10 Thanks for getting us here, but I guess it’s time for big investment and to move club forward ruthlessly. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted July 10 Share Posted July 10 16 minutes ago, Anderson said: There's no restrictions on investment into the club. FFP etc is all about accounting losses, i.e. where the money is spent, not what is put in. And as you say, spending out stadiums/training ground/infrastructure isn't included in the calcs. Well not entirely is it? Because income is limited by related party and fair market rules. If the owners could plough in as much cash as they wanted, we wouldn't be talking about finance at all, would we? Link to post Share on other sites More sharing options...
Chris L Posted July 10 Share Posted July 10 7 minutes ago, SUPERTOON said: What’s everyone’s thoughts on the news, just inevitable it was going to happen ? Or part of something bigger planned ? Think it was always part of the plan, but does sound like it was maybe not the timing she was expecting (only going from the bits i read). would be interesting to see what this has in terms of money pumped into the club, as in how much PIF (if its them who has bought them) has paid for the shares. or have they got someone else who has bought them who have more money than PCP? (im at work so havent read up on it massively yet) Link to post Share on other sites More sharing options...
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