May 11, 20233 yr strange one removed gambling companies from the ground, but want you to gamble on the club with £500 minimum outlay
May 11, 20233 yr Decent interest rate but 2 issues as a supporter, how will the interest be paid each year - around £297k and more importantly how us the £3.5m capital going to be paid back in 5 years? The interst looks affordable given a commercial loan for the club could be much higher. The capital might only be repaid either by taking out another loan or selling the debt to new (richer) owners.
May 11, 20233 yr what happens if club lose money and you are a shareholder, are you liable for part of the debt? Also i take it the 8.5% return is after 5 years invested so 1.7% interest per year. Edited May 11, 20233 yr by Mounts Kipper
May 11, 20233 yr 13 minutes ago, Mounts Kipper said: I will chuck in my Burnden Leisure shares. Ill see if my Dad still has his ones in Mosaic
May 11, 20233 yr 16 minutes ago, Mounts Kipper said: what happens if club lose money and you are a shareholder, are you liable for part of the debt? Also i take it the 8.5% return is after 5 years invested so 1.7% interest per year. No, per year
May 11, 20233 yr 15 minutes ago, Mounts Kipper said: what happens if club lose money and you are a shareholder, are you liable for part of the debt? Also i take it the 8.5% return is after 5 years invested so 1.7% interest per year. Says 8.5% pa. Nobody is putting in £3.5m for 1.7% pa. You can get 4.3% fixed for 5yrs at a Building Society which is protected by the Financial Conduct Authority.
May 11, 20233 yr They should do it as crypto, amounts to the same thing. Could call it BoltCoin TrotterCoin Loftyum
May 11, 20233 yr So, invest £1000 and get £425 interest, plus £100 if we go up? A 52.5% return over 5yrs? Club will be fucked in 5yrs time. Suggests FV will be looking to sell in that window.
May 11, 20233 yr 14 minutes ago, Traf said: So, invest £1000 and get £425 interest, plus £100 if we go up? A 52.5% return over 5yrs? Club will be fucked in 5yrs time. Suggests FV will be looking to sell in that window. All depends on how they work the interest out but you could end up with over £1600 if it’s compound interest
May 11, 20233 yr Just now, freds dad said: All depends on how they work the interest out but you could end up with over £1600 if it’s compound interest Not compound, it's paid out annually in cash
May 11, 20233 yr 40 minutes ago, Mounts Kipper said: what happens if club lose money and you are a shareholder, are you liable for part of the debt? Also i take it the 8.5% return is after 5 years invested so 1.7% interest per year. You're not a shareholder, you are a bond holder.
May 11, 20233 yr 1 hour ago, desperado said: It certainly is gambling, even if it's a "safer" way to do it I'm not sure why he'd claim it isn't
May 11, 20233 yr 3 minutes ago, Casino said: does it get you priority for aways? it does if you believe facebook types already
May 11, 20233 yr Wouldn’t this make the club harder to sell ? Another layer of debt to be paid off in 5 years
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