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Old 21st July 2020, 12.04:38   #1-0 (permalink)
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Default So let's say the club is put up for sale

who would be the beneficiaries of the sale price?
In other words who would get the money?
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Old 21st July 2020, 12.06:20   #2-0 (permalink)
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Default Re: So let's say the club is put up for sale

no purchase involved
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Old 21st July 2020, 12.09:51   #3-0 (permalink)
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Default Re: So let's say the club is put up for sale

Me.
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Old 21st July 2020, 12.10:20   #4-0 (permalink)
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Default Re: So let's say the club is put up for sale

Quote:
Originally Posted by Ddraigoch View Post
who would be the beneficiaries of the sale price?
In other words who would get the money?
Not sure but bar the name and some assets like stuff in the shop there isn't much to sell. Ground rented, Training ground if built on a long term lease. Players aren't exactly worth a lot either bar Leighton or maybe one or two others.
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Old 21st July 2020, 12.12:13   #5-0 (permalink)
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Default Re: So let's say the club is put up for sale

Easily resolved via share input agreement

i.e sale nominal sum on condition of share capital creation of £x of non reedemable shares

Means the capital injection goes to the club rather than dispersable proceeds to WST.

The chief driver of any share transfer must be greater capitalisation of the club to give the foundation for investment to get the sporting infrastructure back to where it needs to be to deliver sustained success.
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Old 21st July 2020, 12.12:24   #6-0 (permalink)
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Default Re: So let's say the club is put up for sale

Quote:
Originally Posted by dragonspark View Post
no purchase involved
Not true
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Old 21st July 2020, 14.11:42   #7-0 (permalink)
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Default Re: So let's say the club is put up for sale

naked windmills all over the place if we sell up
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Old 21st July 2020, 15.22:20   #8-0 (permalink)
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Default Re: So let's say the club is put up for sale

Quote:
Originally Posted by Bagger Vance View Post
Easily resolved via share input agreement

i.e sale nominal sum on condition of share capital creation of £x of non reedemable shares

Means the capital injection goes to the club rather than dispersable proceeds to WST.

The chief driver of any share transfer must be greater capitalisation of the club to give the foundation for investment to get the sporting infrastructure back to where it needs to be to deliver sustained success.
Value the club, sell the club, with those proceeds returning to the club to go for promotion OR hand the club over to someone who can take it forward for a nominal fee.
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Old 21st July 2020, 16.48:52   #9-0 (permalink)
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Quote:
Originally Posted by -luke View Post
Not true
Definitely true. Consideration would be in the form of a commitment to put money into the club.
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