Deatils of the new owners/lenders to Football Ventures starting to emerge on Companies House website this morning..

The model appears to be up to half a dozen people putting money in.  It feels more stable to me than being in hock to one person.  If one drops out it should be easier to find another one willing to put in a few million rather than buying a whole club.

 

https://beta.companieshouse.gov.uk/company/11761052/charges

 

 

Edited May 23, 20215 yr by Casino

I don't know about anyone else, but I never want to look at BWFC-related documents on Companies House EVER AGAIN.

Each to their own.   

Really looking forward to concentrating on the fottball, but just taking new owners or what they say for granted contributed to the last mess.

1 hour ago, TrickyTrotter said:

Deatils of the new owners/lenders to Football Ventures starting to emerge on Companies House website this morning..

The model appears to be up to half a dozen people putting money in.  It feels more stable to me than being in hock to one person.  If one drops out it should be easier to find another one willing to put in a few million rather than buying a whole club.

 

https://beta.companieshouse.gov.uk/company/11761052/charges

 

 

Who are they? One has occupation as housekeeper, What do these documents actually mean? 

I'm only seeing Sharon and a guy called Nick Lucock who when I Google him appears to be an Australian travel entrepreneur. I haven't found much on him but his group seem to have acquired a hotel last year so assuming that it's the same fella may explain why the hotel was so important to FV.

Edit:- Different Luckock (note the spelling). When I spell it as shown at companies house I get somebody from HG Capital, more likely to be him I guess.

Edited September 2, 20196 yr by tkonion
Error on my part.

4 minutes ago, Mounts Kipper said:

Who are they? One has occupation as housekeeper, What do these documents actually mean? 

They are the witnesses to the signatory on the document you plum.

6 minutes ago, Mounts Kipper said:

Who are they? One has occupation as housekeeper, What do these documents actually mean? 

sharons charge document was witness by her housekeeper

So the experts will have life after the take over thread afterall.

Edited September 2, 20196 yr by stimmau5

Can't imagine there are £40m of assets to secure against.

Club was £24m and hotel £7.4m

I don't believe Maguire is at all correct about that.

£20m perhaps more believable I would suggest.

Edited September 2, 20196 yr by Sluffy
Grammar errors

considering the club doesnt generate any real income, i have no idea how ms brittan and mr luckock expect to be paid back within 3 years!

no doubt there will be a forcasts, but as ken before made the mistake, no way can they count on promotion or even crowd money to raise running costs.

unless we are gonna tinker along paying peanuts. fans will love that!

Edited September 2, 20196 yr by HomerJay

5 minutes ago, Sluffy said:

Can't imagine there are £40m of assets to secure against.

Club was £24m and hotel £7.4m

I don't believe Maguire is at all correct about that.

£20m perhaps more believable I would suggest.

Amazing 

2 minutes ago, Kane57 said:

Amazing 

What is it that you think is amazing?

14 minutes ago, Sluffy said:

What is it that you think is amazing?

With the blink of an eye, you finally see the light

Oh God no

For crying out loud can we not just be happy for a bit?

9 minutes ago, HomerJay said:

With the blink of an eye, you finally see the light

Sorry, I have no idea what you are talking about?

Maguire tweets that £40m investment  is secured against FV assets.

FV has just bought all the assets for around £30m.

Whose going to secure £40m of their money on £30m worth of assets?

More likely to me that the security is against one lot of £20m invested (no idea if the figure is correct but lets take it as such for now) rather than TWO lots of £20m as Maguire states.

 

even bower says its not a discussion for today

way too complicated til everything settles down

Is anyone actually surprised by this?

 

3 minutes ago, jules_darby said:

Is anyone actually surprised by this?

 

Some people seem to think business works by rich people "gifting" businesses their money....

i trust fv know what they are doing they seem very good bussiness people. but lets see

 

 

why does that sound like nixon oh shit im turning into a fud

 

Edited September 2, 20196 yr by sleepingindian

Even Bower who started all this by bringing it to Maguire's attention in the first instance is saying that it's one amount of £20m and not two - just as I had said all along.

 

you should go on twitter sluff

1 minute ago, ZicoKelly said:

you should go on twitter sluff

Not for me thanks.

I've got enough trolls on my back already on here and all I've ever intended doing was to better help others understand what's being going based on what facts we have been given and what knowledge and experience I've acquired in my profession over the years.

 

 

16 minutes ago, ZicoKelly said:

you should go on twitter sluff

With a 140 character limit ?

that would be like asking the missus toonly watch 2 hours of TV a day.