Hall to sell shares?

[NE5]

The comments about the attempted/failed share issue in 1990/91 are all a bit harsh.

 

No one wanted to invest in football clubs in those days. Micheal Knighton had agreed to buy Man for £20m in 1989 before pulling pout when it became "obvious" it wasn't a worthwhile invetsment 

 

That NUFC playing in the then 2nd division could raise £4m doesn't look unreasonable to me.

 

In 1990 the whole idea of owning shares was still something viewed as something rich people did. The only shares owned that may have been owned would be those from BT or British Gas being privatised.

 

The mortgage interest rate at the time of the flotation was 11.5% (http://www.moneyextra.com/dictionary/Interest-rate-history-003455.html) which would mean that the payments woudl be roughly doubly what they are today !!! Just imagine how much less spare cash would be around if you had to double your mortgage payment.

 

It is very interesting to recall the sort of ideals that John Hall has at the time. He wanted no one to own more than 10% of all the shares, to stop the situation arising again where one person/family could do what they wanted, as he coudl see how badly that had effected the club. He also wanted no dividends to be paid, although there had not been for at least 5 years prior to that so that was not a new idea.

 

An interesting take on the failure of that flotation is that John Hall as the major shareholder at the time (~60%) either failed badly in selling the flotation to the public, or really didn't want it to suceed.

 

Couldn't raise 4m ? I think that explains the level of apathy that existed at the time. As you say, the club were playing - and going nowhere - in the 2nd division. They attempted to promote it under the "Geordie Nation" pitch, and supporters owning their piece of the club, but not enough people were interested in either buying shares or supporting the club either. You know this. This period and failed share issue was the culmination of over 30 years of gross mismanagement at board level, although we weren't to know at the time that the end was near.

 

 

[macbeth]

Macbeth, was it not generally accepted that the bid last year was Kia Joorabchian and MSI- only for them to be scared off by a ludicrous asking price. A few months later the episode repeated itself at West Ham, with Brown putting a huge price tag on the Hammers.

 

Could well be, I wouldn't disagree with that, I was just passing on what I'd heard

 

but we dont know though.

 

as I said earlier it could even be FFS wanting to own the club outright

 

If Shepherd bought Sir John's 28% he would have to buy all 100%.

 

It is highly unlikely that he can get his hands on that sort of money. If you look back at his buys they are all in small chunks, he hras been squirelling away amounts rather than showign any sign of having enough to buy it all.

[madras]

Macbeth, was it not generally accepted that the bid last year was Kia Joorabchian and MSI- only for them to be scared off by a ludicrous asking price. A few months later the episode repeated itself at West Ham, with Brown putting a huge price tag on the Hammers.

 

Could well be, I wouldn't disagree with that, I was just passing on what I'd heard

 

but we dont know though.

 

as I said earlier it could even be FFS wanting to own the club outright

 

If Shepherd bought Sir John's 28% he would have to buy all 100%.

 

It is highly unlikely that he can get his hands on that sort of money. If you look back at his buys they are all in small chunks, he hras been squirelling away amounts rather than showign any sign of having enough to buy it all.

he wouldn't have to buy,he would have to offer the other shareholders that price,they do not need to sell.

[Guest shaun11177]

i dont get this at all,if a hedge co buy what 28.5% of the shares so what,isnt Dougie still in control with his 41%.What is the point of buying 28.5%. :confused:

[madras]

i dont get this at all,if a hedge co buy what 28.5% of the shares so what,isnt Dougie still in control with his 41%.What is the point of buying 28.5%. :confused:

i've gave a possible explaination on my previous page,sorry it was an edit so probably wasn't there when you read the page earlier

[Guest bobjonson]

Macbeth, was it not generally accepted that the bid last year was Kia Joorabchian and MSI- only for them to be scared off by a ludicrous asking price. A few months later the episode repeated itself at West Ham, with Brown putting a huge price tag on the Hammers.

 

Could well be, I wouldn't disagree with that, I was just passing on what I'd heard

 

but we dont know though.

 

as I said earlier it could even be FFS wanting to own the club outright

 

If Shepherd bought Sir John's 28% he would have to buy all 100%.

 

It is highly unlikely that he can get his hands on that sort of money. If you look back at his buys they are all in small chunks, he hras been squirelling away amounts rather than showign any sign of having enough to buy it all.

 

yeh, but it is just as likely as an american investor buying the club outright just to strip assests is?

 

 

 

 

[lovejoy]

This has been in the pipeline for absoloutely ages, i have said mny times in the past few weeks that 'freddy has a backer' (very technical terms i know! bluebiggrin.gif).

 

seems like this could well be it

[Northern Monkey]

This has been in the pipeline for absoloutely ages, i have said mny times in the past few weeks that 'freddy has a backer' (very technical terms i know! bluebiggrin.gif).

 

seems like this could well be it

 

Press conference on Monday?? 

[lovejoy]

This has been in the pipeline for absoloutely ages, i have said mny times in the past few weeks that 'freddy has a backer' (very technical terms i know! bluebiggrin.gif).

 

seems like this could well be it

 

Press conference on Monday?? 

 

ask flintoff, he gives the dates oot! bluebiggrin.gif

[madras]

This has been in the pipeline for absoloutely ages, i have said mny times in the past few weeks that 'freddy has a backer' (very technical terms i know! bluebiggrin.gif).

 

seems like this could well be it

i can see why you'd think that,but it is too obvious,illegal aswell i think.(to front a take over through a proxy)

[macbeth]

i dont get this at all,if a hedge co buy what 28.5% of the shares so what,isnt Dougie still in control with his 41%.What is the point of buying 28.5%. :confused:

 

The Halls own 41%.

 

Of that 41% Sir John Hall, thro Wynyard Investments owns 28.8%. The other Hall ownership is through Cameron Hall which is owned by Douglas and Alison Hall. When the club say who owns shares they lump all the Hall shares together and say that they are essentially under the same name.

 

If someone new bought 28.8% then the major shareholders would be

New person 28.8%

Shepherds 28%

Halls 12%

Me 0.0003%

[madras]

i dont get this at all,if a hedge co buy what 28.5% of the shares so what,isnt Dougie still in control with his 41%.What is the point of buying 28.5%. :confused:

 

The Halls own 41%.

 

Of that 41% Sir John Hall, thro Wynyard Investments owns 28.8%. The other Hall ownership is through Cameron Hall which is owned by Douglas and Alison Hall. When the club say who owns shares they lump all the Hall shares together and say that they are essentially under the same name.

 

If someone new bought 28.8% then the major shareholders would be

New person 28.8%

Shepherds 28%

Halls 12%

Me 0.0003%

keep hold of it,one day that could be the golden share

[Guest TheOrder]

This has been in the pipeline for absoloutely ages, i have said mny times in the past few weeks that 'freddy has a backer' (very technical terms i know! bluebiggrin.gif).

 

seems like this could well be it

 

A Tracker, not a backer.

[madras]

  POLYGON FUND

 

The Polygon Fund leads and participates in minority or control-stake investments in Digital Entertainment companies or specific projects, leveraging the group's market expertise and diverse network. The Fund targets both private and public companies that have fundamentally sound core operations or well developed Game or Entertainment ideas. We seek companies and Game properties that have solid people and creative ideas behind them.

 

i'm telling ya,the future tv deals wont be done by the prem,they'll be done individually,i'm telling ya

[Guest Andrew Flintoff]

This has been in the pipeline for absoloutely ages, i have said mny times in the past few weeks that 'freddy has a backer' (very technical terms i know! bluebiggrin.gif).

 

seems like this could well be it

 

Press conference on Monday?? 

 

ask flintoff, he gives the dates oot! bluebiggrin.gif

 

blueupset.gif blueupset.gif blueupset.gif :wullie: :lol:

[toontownman]

Brett Emerton by Friday TBH.

 

He's been saving up.

[Northern Monkey]

Brett Emerton by Friday TBH.

 

He's been saving up.

 

Told you so.

[macbeth]

  POLYGON FUND

 

The Polygon Fund leads and participates in minority or control-stake investments in Digital Entertainment companies or specific projects, leveraging the group's market expertise and diverse network. The Fund targets both private and public companies that have fundamentally sound core operations or well developed Game or Entertainment ideas. We seek companies and Game properties that have solid people and creative ideas behind them.

 

i'm telling ya,the future tv deals wont be done by the prem,they'll be done individually,i'm telling ya

 

which may well be a huge benefit to Man U, Asenal, Liverpool, and Chelsea and/or anyone who has a big interntaional profile. The others will suffer badly. Who will pay, say, Charlton £20m per season to show their games ?

[Guest shaun11177]

i think we could make more money selling our tv rights ourselves.

As for this Polygon,quite clearly they dont put a penny into anything,they are there purely to make money and have absolutely zero interest in this club.

 

[macbeth]

i think we could make more money selling our tv rights ourselves.

As for this Polygon,quite clearly they dont put a penny into anything,they are there purely to make money and have absolutely zero interest in this club.

 

 

More than £25m for 2005, and more than ~£35m for 2007 ?

 

If we televised all 19 home league games we'd need toget say £1.5m per game. If they charged £10 per game then you'd need 150,000 people paying, and there are already 52,000 of us at the games. 150,000 extra people paying a tenner to watch us play Portsmouth ??

 

Just doesn't work for me.

[Raconteur]

You're forgetting advertising revenue...? Surely they don't expect their investment to be returned by subscriptions only?

[Guest bobjonson]

i think we could make more money selling our tv rights ourselves.

As for this Polygon,quite clearly they dont put a penny into anything,they are there purely to make money and have absolutely zero interest in this club.

 

 

More than £25m for 2005, and more than ~£35m for 2007 ?

 

If we televised all 19 home league games we'd need toget say £1.5m per game. If they charged £10 per game then you'd need 150,000 people paying, and there are already 52,000 of us at the games. 150,000 extra people paying a tenner to watch us play Portsmouth ??

 

Just doesn't work for me.

 

think we could quite easily as it's not just UK tv it's worldwide TV money we are on about. The prem league has the largest worlwide tv audience (for football leagues that is!)

[Guest Phil K]

The two words that I picked up on were hedge fund.

 

I've seen discussions about them in the past, basically they seem to be instant moneymakers and asset strippers rather than investors for the future if I recall correctly.

What I was thinking.

However, it would be short term insanity (something money people are known for)

If a massively UNsuccessesful Newcastle could make the kind of profits they do, a SUCCESSFUL Newcastle would rake in profits to rival and even PASS that of even Man U. If you doubt, remember how close the profits were a couple of years ago, when they won the triple and we won (as usual) NOWT ? And that was merely getting past round one in the C.L. If this team won anything, let alone Man U or Liverpool level of success, "Sky's the limit" would be an UNDERstatement. blueyes.gif

[NE5]

The two words that I picked up on were hedge fund.

 

I've seen discussions about them in the past, basically they seem to be instant moneymakers and asset strippers rather than investors for the future if I recall correctly.

What I was thinking.

However, it would be short term insanity (something money people are known for)

If a massively UNsuccessesful Newcastle could make the kind of profits they do, a SUCCESSFUL Newcastle would rake in profits to rival and even PASS that of even Man U. If you doubt, remember how close the profits were a couple of years ago, when they won the triple and we won (as usual) NOWT ? And that was merely getting past round one in the C.L. If this team won anything, let alone Man U or Liverpool level of success, "Sky's the limit" would be an UNDERstatement. blueyes.gif

 

Nicely optimistic, and true.

 

Not if there is ever another recession though, according to indigo and Mick 

 

 

[Howaythelads]

Been busy lately and have been playing catch up, just got up to page 3 in this thread and I'm bored shitless already by the rubbish spouted by Mick. If this bloke supported the club from the 70's as he claims he did I'll eat my hat. Nobody who goes back to that era could possibly post such misinformed tripe as Mick does.

 

If SJH sells out I'll be placing the blame squarely on the wankers who have been slagging off Fred for sometime now, who have been calling for the Board to be booted out, and the wankers who booed at the testimonial. Why should major shareholders retain their interest in the club given this kind of pathetic reaction from so-called 'fans' of the club?

 

I said a couple of weeks ago that I hope some of you never get to find out what a shit board really is, well here's a possibililty that you may find out. As usual for many of you lot, you won't realise until it's too late.

 

Cheers