Site Supporter Ratwhite Posted July 12, 2017 Site Supporter Share Posted July 12, 2017 Cant refer to the chap as SK any longer. The bloke as done well for us and hats off to him and his team. Still can't understand why a good businessman would invest money in a club losing millions without an exit plan or long term target. Only way he will get his money back is by selling on or staying and getting us in the PL. Not looking through rose/white tinted glasses but I'm quite optimistic that the final outcome will be good and can see some good times on the horizon. Once this Bluemarble shit is sorted and emabargo lifted watch us steam to a comfortable mid-table. ???????? Quote Link to comment Share on other sites More sharing options...
Site Supporter victor meldrew Posted July 12, 2017 Site Supporter Share Posted July 12, 2017 Drinking already! Quote Link to comment Share on other sites More sharing options...
Sweep Posted July 12, 2017 Share Posted July 12, 2017 Still can't understand why a good businessman would invest money in a club losing millions without an exit plan or long term target. A good businessman wouldn't, so you have to assume that he does have some sort of plan. I've long thought that once the embargo is lifted it gives him the opportunity to put some of his (or his Sons) players through the club, and that could be a nice little earner. Anyway, here's hoping that he is able to sell us for a fat profit in a few years time Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted July 12, 2017 Share Posted July 12, 2017 Cant refer to the chap as SK any longer. The bloke as done well for us and hats off to him and his team. Still can't understand why a good businessman would invest money in a club losing millions without an exit plan or long term target. Only way he will get his money back is by selling on or staying and getting us in the PL. Not looking through rose/white tinted glasses but I'm quite optimistic that the final outcome will be good and can see some good times on the horizon. Once this Bluemarble shit is sorted and emabargo lifted watch us steam to a comfortable mid-table. ???????? Think he's done great job, but he's not invested anything of his own money has he? Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted July 12, 2017 Moderators Share Posted July 12, 2017 so far as i can see, and im a fan, i don't think he has i wonder if hes paying himself a salary no problem if he is, like Quote Link to comment Share on other sites More sharing options...
tomski Posted July 12, 2017 Share Posted July 12, 2017 He has taken us to a better place than when he took over. Watching on with caution but so far so good Quote Link to comment Share on other sites More sharing options...
Kane57 Posted July 12, 2017 Share Posted July 12, 2017 Wants to sell but remain as chairman. It's a sticking point with the Americans and the British Indian group. Quote Link to comment Share on other sites More sharing options...
tomski Posted July 12, 2017 Share Posted July 12, 2017 Wants to sell but remain as chairman. It's a sticking point with the Americans and the British Indian group.Who are these? Are they looking to takeover. Why does he want to stay on as chairman? I'm not for or against but they'd want their own people? Quote Link to comment Share on other sites More sharing options...
Kane57 Posted July 12, 2017 Share Posted July 12, 2017 (edited) Who are these? Are they looking to takeover. Why does he want to stay on as chairman? I'm not for or against but they'd want their own people?I presume they do, hence it being a sticking point - but yeah, two parties interested in a takeover/buyout however you want to term it. He wants to stay because he'll get a decent salary and I guess he probably enjoys the job. Edited July 12, 2017 by Kane57 Quote Link to comment Share on other sites More sharing options...
Site Supporter Ratwhite Posted July 12, 2017 Author Site Supporter Share Posted July 12, 2017 Drinking already! Xx Quote Link to comment Share on other sites More sharing options...
bwfcfan5 Posted July 12, 2017 Share Posted July 12, 2017 Wants to sell but remain as chairman. It's a sticking point with the Americans and the British Indian group. Unless something has massively changed since the end of the season, then he's definitely not up for selling his shares. Buying the rest of them and selling them is a different matter however. Quote Link to comment Share on other sites More sharing options...
Kane57 Posted July 12, 2017 Share Posted July 12, 2017 You're right - he won't sell until he owns the rest. 100% of everything is better than 100% of half. Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted July 12, 2017 Moderators Share Posted July 12, 2017 Ah the old sticking point is the chairman wanting to stay on preventing a sale line It was used about PG Some retards even used it after his death Quote Link to comment Share on other sites More sharing options...
Kane57 Posted July 12, 2017 Share Posted July 12, 2017 Blows my mind to recall some of the 'faking' messages I read on various forums. Quote Link to comment Share on other sites More sharing options...
bwfcfan5 Posted July 12, 2017 Share Posted July 12, 2017 You're right - he won't sell until he owns the rest. 100% of everything is better than 100% of half. He wants to keep a controlling stake in the club. And has investors lined up to buy the rest of the shares. But he needs to own them first. Quote Link to comment Share on other sites More sharing options...
Kane57 Posted July 12, 2017 Share Posted July 12, 2017 Yes we've established that Quote Link to comment Share on other sites More sharing options...
tomski Posted July 12, 2017 Share Posted July 12, 2017 I'd also hazard that him wanting to stay on as chairman would bump up his pay out as in to 'relinquish' that role. He isn't daft Quote Link to comment Share on other sites More sharing options...
Grasshopper Posted July 12, 2017 Share Posted July 12, 2017 I'm with you rattus norvegicus Quote Link to comment Share on other sites More sharing options...
tomski Posted July 13, 2017 Share Posted July 13, 2017 Accounts filed Quote Link to comment Share on other sites More sharing options...
Morizio Posted July 13, 2017 Share Posted July 13, 2017 We made a profit. Quote Link to comment Share on other sites More sharing options...
Kane57 Posted July 13, 2017 Share Posted July 13, 2017 We made a profit. No we lost 5m. They've counted Eddie's 170m in the calculations Quote Link to comment Share on other sites More sharing options...
bwfcfan5 Posted July 13, 2017 Share Posted July 13, 2017 No we lost 5m. They've counted Eddie's 170m in the calculations And so they should. It was on the balance sheet. Quote Link to comment Share on other sites More sharing options...
Sweep Posted July 13, 2017 Share Posted July 13, 2017 No we lost 5m. They've counted Eddie's 170m in the calculations I'd have been surprised if they hadn't Quote Link to comment Share on other sites More sharing options...
SoberDan Posted July 13, 2017 Share Posted July 13, 2017 That's good going tbf. My trust in sweaty Ken has gone up Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted July 13, 2017 Moderators Share Posted July 13, 2017 That's good going tbf. My trust in sweaty Ken has gone up dunno why it was largely as a result of things done before he arrived next accounts will more reflect kens efforts Quote Link to comment Share on other sites More sharing options...
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