If 40% of the club cost £6m...

What will VT get for converting the potential £90m of debt into equity?

What will VT get for converting the potential £90m of debt into equity?

What will VT get for converting the potential £90m of debt into equity?

And there is your business answer.

If, he pulls it off and gets premiership football this season? He will have a top flight football club earning in excess of £150 million inc sky money, influx of additional revenues such as merchandise and increased ticket sales.

A club with an owned ground, valued at £60-£100m based on possible increased capacity.

A world class training facility

And a football squad with about £60m in assets.

Bargain for £100 million I think.

What will VT get for converting the potential £90m of debt into equity?

And there is your business answer.

If, he pulls it off and gets premiership football this season? He will have a top flight football club earning in excess of £150 million inc sky money, influx of additional revenues such as merchandise and increased ticket sales.

A club with an owned ground, valued at £60-£100m based on possible increased capacity.

A world class training facility

And a football squad with about £60m in assets.

Bargain for £100 million I think.

Where does the £150m income come from? Most premiership clubs have total income of £50m-£60m per year. Is this with the new sky deal. I haven't seen the new breakdowns per team but £40m tv money per year to £130m is ridiculous and will kill the football league if every premiership team gets that much per season.

What will VT get for converting the potential £90m of debt into equity?

And there is your business answer.

If, he pulls it off and gets premiership football this season? He will have a top flight football club earning in excess of £150 million inc sky money, influx of additional revenues such as merchandise and increased ticket sales.

A club with an owned ground, valued at £60-£100m based on possible increased capacity.

A world class training facility

And a football squad with about £60m in assets.

Bargain for £100 million I think.

But why not just convert another £6m of debt to equity and control 80 of the club!

But why not just convert another £6m of debt to equity and control 80 of the club!

He will take over the club, but not until the Langston debt is finalised

But why not just convert another £6m of debt to equity and control 80 of the club!

He will take over the club, but not until the Langston debt is finalised

But doesn't he only need to convert a couple of mil into equity to get a majority shareholding?

Why would he convert £90m+?

But why not just convert another £6m of debt to equity and control 80 of the club!

He will take over the club, but not until the Langston debt is finalised

But doesn't he only need to convert a couple of mil into equity to get a majority shareholding?

Why would he convert £90m+?

Owain, it could almost be said you're a shining light among all the shadies

What you say is spot on. At no point have they said they will turn ALL debt into equity. People just assumed that.

But why not just convert another £6m of debt to equity and control 80 of the club!

He will take over the club, but not until the Langston debt is finalised

But doesn't he only need to convert a couple of mil into equity to get a majority shareholding?

Why would he convert £90m+?

It's all about creating a tidy package for investors.

They'd much rather invest/purchase a club free of debt than one that's 90 million in debt to the majority shareholders.

People just see $$$$$$$ unfortunately

But why not just convert another £6m of debt to equity and control 80 of the club!

He will take over the club, but not until the Langston debt is finalised

But doesn't he only need to convert a couple of mil into equity to get a majority shareholding?

Why would he convert £90m+?

Owain, it could almost be said you're a shining light among all the shadies

What you say is spot on. At no point have they said they will turn ALL debt into equity. People just assumed that.

That is what Ive been wondering and search if they ever stated that and you are right. This seems to be another myth which has been brought up by Pro-Red supporters

Not all debt needs to be converted but once it hits over 51% they are liable and after a certain percentage they have to offer all shareholders an offer to buy shares.

I'm not sure about the way it works but I'm certain more shares have been made so it would surely cost more than 6m to buy another 40%