Edited May 11, 20233 yr by globaldiver

2 minutes ago, Big E said:

Again I would say £500 is a lot to lose. Especially with so many people experiencing such huge increases in utilities. If it wasn’t the club could just ask for donations. 
 

imagine if Wigan were doing this. Folk would be ripping em a new one. 
 

And if garty was doing it, you wouldnt

Fwiw, im not in as i cant be arsed

3 minutes ago, Big E said:

Again I would say £500 is a lot to lose. Especially with so many people experiencing such huge increases in utilities. If it wasn’t the club could just ask for donations. 
 

imagine if Wigan were doing this. Folk would be ripping em a new one. 
 

£500 is 0.33% of average annual gross income on here.

 

Wigan actually did ask for donations effectively when they did that 'Believe Fans Fund.'

Edited May 15, 20233 yr by RoadRunnerFan

1 minute ago, Casino said:

And if garty was doing it, you wouldnt

Fwiw, im not in as i cant be arsed

Maybe I would listen more but I don’t think I would given the my understanding of money. Or certainly of my own money. 

i think you are not doing it because you know it’s sketchy and being an old duffer you know it’s far too big a risk. If not why wouldn’t you whack some Of the pension in. Massive returns remember 

I didnt even get an isa til 2018

Its now worth what i paid in, well about 200 less

I just cba with the whole money thing 

 

Anyway, let me check

If i invest 10k, i get about 14k back in 5 years

Unless we go bust?

8 minutes ago, Big E said:

Again I would say £500 is a lot to lose. Especially with so many people experiencing such huge increases in utilities. If it wasn’t the club could just ask for donations. 
 

imagine if Wigan were doing this. Folk would be ripping em a new one. 
 

I agree- it is for some.

You said previously though that Sharon hadn't mentioned the risks- well it's on the bwfc website and the website of the investment company. Not much more they can do, and given that the application also requires a certain level of personal information I reckon they're bending over backwards to be open about it.

I do agree that it sounds very attractive-8.5% is high currently, but that is the risk.

I also wonder how many people who haven't got the money to risk, nevertheless have a flutter on the horses or football scores every week- with even greater risks.

I won't be bothering, but I don't see any problem with the club doing it.

In fact it could be a positive sign of innovative approaches to success- the same type of thing that succeeded in getting government investment during covid- the only football club to succeed with it!

5 minutes ago, Casino said:

Anyway, let me check

If i invest 10k, i get about 14k back in 5 years

Unless we go bust?

Yes.

Plus 10% bonus if we play in the championship. 

9 minutes ago, Tonge moor green jacket said:

I agree- it is for some.

You said previously though that Sharon hadn't mentioned the risks- well it's on the bwfc website and the website of the investment company. Not much more they can do, and given that the application also requires a certain level of personal information I reckon they're bending over backwards to be open about it.

I do agree that it sounds very attractive-8.5% is high currently, but that is the risk.

I also wonder how many people who haven't got the money to risk, nevertheless have a flutter on the horses or football scores every week- with even greater risks.

I won't be bothering, but I don't see any problem with the club doing it.

In fact it could be a positive sign of innovative approaches to success- the same type of thing that succeeded in getting government investment during covid- the only football club to succeed with it!

I agree it’s crazy like smoking. I think the paperwork and website does show the risk but the fluffy video does not and that exploits the vulnerable imo. Like I say I don’t like it at Widnes and it’s worse there

41 minutes ago, Casino said:

Anyway, let me check

If i invest 10k, i get about 14k back in 5 years

Unless we go bust?

The only thing you need to know is:

Don’t invest unless you’re prepared to lose all the money you invest.

https://www.bwfc.co.uk/news/2023/may/what-is-the-wanderers-bond/

4 hours ago, Carlos said:

£100 is a night out, not an investment.

Cheapskate.

 

I’ve registered, I’ll have a look at the paperwork and then decide. Need to understand how the ISA wrapper works.

I've been giving this bond thing some thought, and only because it's BWFC. It wouldn't be something I would normally entertain. I weighed things up and thought yip, good rate that. Almost too good to be true. And that's where the doubt came in. I don't see Mr & Mrs Moneybags fighting their way to this deal. It seems to be aimed at folk who have an emotional attachment. And that just doesn't sit right with me. But maybe that's the objective. No sinister intentions intended. Just have a piece of the club and feel good about the cheque later on. Anyway I probably won't chase up my original enquiry because I can't afford any loss. Good luck to them that do invest, but for me, nah!

Edited May 17, 20233 yr by Underpants

I suppose the board are paying 8.5% as opposed to higher interest rates with built in penalty clauses if they borrowed from finance companies. It really boils down to do you trust Sharon/James/Luckock to pay your initial deposit backi in 5 years time.  The interest is paid annually.

 

14 hours ago, Big E said:

If it is that good a deal surely these Swiss fellas would whack £5m in for £7.5m back. 

I've said the same.

Shaking fans down with essentially emotional bucket shaking at a time of economic struggle isn't appealing to the man on the street.

Nick Luckock hasn't said boo to a fucking goose since Day 1 and now he rears his head.
Sadly, all this is saying to me is that FV haven't got a pot to piss in, like many of us.

I mentioned STs earlier; if they want cash in right now surely pay up front, long term adult STs would work? Nothing to repay people in 5,6 or whatever years time but money in the bank now and make it a damn good deal for the fan who is maybe taking a punt on us being top end championship or even prem by the end of it (and of course taking the risk we'll have burned again and be 20th in L2 again).

10 hours ago, Traf said:

I've said the same.

Shaking fans down with essentially emotional bucket shaking at a time of economic struggle isn't appealing to the man on the street.

Nick Luckock hasn't said boo to a fucking goose since Day 1 and now he rears his head.
Sadly, all this is saying to me is that FV haven't got a pot to piss in, like many of us.

I had a look a while back, and supposedly Sharon has a net worth of some £20m (iirc). That's substantial, but you'd assume quite a chunk of that is tied up.

She didn't accrue that through being bad at business.

That said, we've heard just recently how MJ invested "his children's inheritance" and FV as a while have risked a fair wedge of capital. 

Not sure why it should be a problem if they won't/can't invest continually. Everyone has a limit.

It makes business sense on their part, and I'm glad that's their approach. Sustainability and steady improvement. 

Ultimately, if people are sceptical, simply don't invest.

12 minutes ago, SatanGreavsie said:

I mentioned STs earlier; if they want cash in right now surely pay up front, long term adult STs would work? Nothing to repay people in 5,6 or whatever years time but money in the bank now and make it a damn good deal for the fan who is maybe taking a punt on us being top end championship or even prem by the end of it (and of course taking the risk we'll have burned again and be 20th in L2 again).

And then borrow on the back of it?

I think it’s been tried.

On the subject of season tickets I do think they’ve been sold too cheap (sounds mad complaining about a good deal I know) however if you banged another £100 on adults & £50 on juniors sales wouldn’t be any different imo 

1 hour ago, radcliffe white said:

On the subject of season tickets I do think they’ve been sold too cheap (sounds mad complaining about a good deal I know) however if you banged another £100 on adults & £50 on juniors sales wouldn’t be any different imo 

Should have charged different prices; one for home games only, one to include away game priority 👀 

1 hour ago, radcliffe white said:

On the subject of season tickets I do think they’ve been sold too cheap (sounds mad complaining about a good deal I know) however if you banged another £100 on adults & £50 on juniors sales wouldn’t be any different imo 

I think it would put folk off. The prices mean you can miss a few and it not be that bad. 
 

I know we have 3 adult tickets at the prices despite mrs E not doing mid weeks and her dad moving to Spain. 

bargain, i've opted for the 250k package after careful consideration 

Just now, L/H White said:

bargain, i've opted for the 250k package after careful consideration 

Think you also get the option to buy the club with that package 

I suspected that the idea was to bring in more wealthy folk, I approve of that approach, in case some have gone under the radar.

Surely the Trust can point them at their high net income individuals, or whatever. Meow.

38 minutes ago, L/H White said:

bargain, i've opted for the 250k package after careful consideration 

Same here. Was thinking about the 100k package, but the Gold lapel pin swung it.