Thu May 10, 2012 8:56 am
Thu May 10, 2012 8:58 am
Thu May 10, 2012 9:00 am
CantonMagic wrote:Hes an idiot.
For it to be shares the club has to be worth over £100 million, even though we all know its worth £45 million.
He has already converted £32 million into 70% shares which means there is only 30% left at a value of £15 million.
So £15 million will be equity the rest interest baring debt.
Thu May 10, 2012 9:02 am
CantonMagic wrote:Hes an idiot.
For it to be shares the club has to be worth over £100 million, even though we all know its worth £45 million.
He has already converted £32 million into 70% shares which means there is only 30% left at a value of £15 million.
So £15 million will be equity the rest interest baring debt.
Thu May 10, 2012 9:02 am
CantonMagic wrote:Hes an idiot.
For it to be shares the club has to be worth over £100 million, even though we all know its worth £45 million.
He has already converted £32 million into 70% shares which means there is only 30% left at a value of £15 million.
So £15 million will be equity the rest interest baring debt.
Thu May 10, 2012 9:02 am
RFMH wrote:CantonMagic wrote:Hes an idiot.
For it to be shares the club has to be worth over £100 million, even though we all know its worth £45 million.
He has already converted £32 million into 70% shares which means there is only 30% left at a value of £15 million.
So £15 million will be equity the rest interest baring debt.
Again the club can option the printing of new shares.
Thu May 10, 2012 9:05 am
BigGwynram wrote:CantonMagic wrote:Hes an idiot.
For it to be shares the club has to be worth over £100 million, even though we all know its worth £45 million.
He has already converted £32 million into 70% shares which means there is only 30% left at a value of £15 million.
So £15 million will be equity the rest interest baring debt.
Think your wrong there, nothing stopping anyone buying a company for 40 mil and then investing 100 mil to expand and grow the company, isn't that how business's work?
Thu May 10, 2012 9:08 am
Thu May 10, 2012 9:11 am
Thu May 10, 2012 9:34 am
CantonMagic wrote:RFMH wrote:CantonMagic wrote:Hes an idiot.
For it to be shares the club has to be worth over £100 million, even though we all know its worth £45 million.
He has already converted £32 million into 70% shares which means there is only 30% left at a value of £15 million.
So £15 million will be equity the rest interest baring debt.
Again the club can option the printing of new shares.
no they cant, that ridiculous.![]()
If that was the case then we would print another million and Tans 70% would become 10% overnight and would no longer control the club.