gonzo Posted July 30, 2025 Posted July 30, 2025 3 minutes ago, freds dad said: More money raised. For the layman, to do this, does it need approval by existing shareholders? Surely it dilutes the significance of existing shares? Quote
masi 51 Posted July 30, 2025 Posted July 30, 2025 10 minutes ago, gonzo said: For the layman, to do this, does it need approval by existing shareholders? Surely it dilutes the significance of existing shares? I would imagine it is more Swiss Money making FV holding slightly less and the Swiss slightly more. It is good to have both parties involved Quote
Wanderlust Posted July 30, 2025 Posted July 30, 2025 (edited) 34 minutes ago, gonzo said: Surely it dilutes the significance of existing shares? Technically but the value shouldn’t change as it puts more money into the club so existing ordinary shareholders effectively have a smaller slice of a bigger cake. The advantage of share issue is that it gives the management the operating funds to grow the business even further - so providing the management use it wisely, the ordinary share value could increase even though it’s a smaller overall percentage. The objective is obviously to have a massive cake and ordinary share issues provide the capital to do that. Doesn’t affect the preferred shares that the owners tend to hold. Ordinary share issues are for people who are backing/ gambling on the owners to succeed. Edited July 30, 2025 by Wanderlust Quote
kobeer Posted July 30, 2025 Posted July 30, 2025 1 hour ago, Wanderlust said: Technically but the value shouldn’t change as it puts more money into the club so existing ordinary shareholders effectively have a smaller slice of a bigger cake. The advantage of share issue is that it gives the management the operating funds to grow the business even further - so providing the management use it wisely, the ordinary share value could increase even though it’s a smaller overall percentage. The objective is obviously to have a massive cake and ordinary share issues provide the capital to do that. Doesn’t affect the preferred shares that the owners tend to hold. Ordinary share issues are for people who are backing/ gambling on the owners to succeed. I don't think there are any preferred shares, just A and B. All are shareholders (part owners of) in Football Ventures. The vast majority of issued shares are A ordinary with voting rights. B shares have been issued as part of renumeration packages e.g. to Ian Evatt, Neil Hart. The bulk of shares are owned by Sharon Brittan, Michael James, Nick Lucock, the Government, Ian Riley and BMLL ("The Swiss". Agreement between shareholders will be needed to allow the issue of more shares but this can be done by Sharon, Michael and Nick as they own more than half of the shares. It's positive that new money is coming in via shares rather than as a loan. Quote
Traf Posted July 30, 2025 Posted July 30, 2025 3 hours ago, freds dad said: More money raised. Gets the yacht out of dry dock. Quote
Escobarp Posted July 30, 2025 Posted July 30, 2025 3 hours ago, Wanderlust said: Technically but the value shouldn’t change as it puts more money into the club so existing ordinary shareholders effectively have a smaller slice of a bigger cake. The advantage of share issue is that it gives the management the operating funds to grow the business even further - so providing the management use it wisely, the ordinary share value could increase even though it’s a smaller overall percentage. The objective is obviously to have a massive cake and ordinary share issues provide the capital to do that. Doesn’t affect the preferred shares that the owners tend to hold. Ordinary share issues are for people who are backing/ gambling on the owners to succeed. We've already had the money for this share issue plus many more to come in the future it's been done under an advance subscription agreement Basically FV has already had millions of pounds paid for the shares in advance without issuing them As the investors have subscribed to buy them in the future so the cash has been pumped in way before now and then when certain events (triggers) happen then the shares are issued and the balance of the advance payment remaining in the accounts is thus reduced by same amount but in reality from a cash in perspective it's a non event as it came in ages ago and is clearly shown in the last accounts I'm Bored today as you can see as you were Quote
Wanderlust Posted July 30, 2025 Posted July 30, 2025 Mate told me that Villa raised cash by selling their women's team to themselves. Quote
Hoppy Posted July 30, 2025 Posted July 30, 2025 Is that legal? Shouldn't we all be able to put on a bid Quote
Lt. Aldo Raine Posted July 30, 2025 Posted July 30, 2025 20 minutes ago, Wanderlust said: Mate told me that Villa raised cash by selling their women's team to themselves. I think Everton have just done the same Quote
gonzo Posted July 30, 2025 Posted July 30, 2025 32 minutes ago, Lt. Aldo Raine said: I think Everton have just done the same And Chelsea. Quote
noxid Posted July 30, 2025 Posted July 30, 2025 What happened to all our Bolton shares that people bought in the 90s? Quote
Zico Posted July 30, 2025 Posted July 30, 2025 always reminds me of Real Madrid story where they did something like sell their training ground to the government because they were in such debt they sold it for the amount they needed to pay off debt then the government said "what are we supposed to do with a training ground? we don't need it, you might as well have it back if you can make use of it" something like that Quote
DirtySanchez Posted July 30, 2025 Posted July 30, 2025 1 hour ago, Lt. Aldo Raine said: I think Everton have just done the same And the women's team are playing at Goodison Park rather than the new one so the men's team will sell them the ground Or summat Quote
Tonge moor green jacket Posted July 30, 2025 Posted July 30, 2025 45 minutes ago, noxid said: What happened to all our Bolton shares that people bought in the 90s? When Eddie took over, I think they were technically bought, but were worth nothing. Or something along those lines. A finance expert will be along soon with a more in depth explanation. Quote
boogs Posted July 30, 2025 Posted July 30, 2025 5 hours ago, Zico said: always reminds me of Real Madrid story where they did something like sell their training ground to the government because they were in such debt they sold it for the amount they needed to pay off debt then the government said "what are we supposed to do with a training ground? we don't need it, you might as well have it back if you can make use of it" something like that The one I heard/read about that, ages ago, was that they sold the training ground to the king for something like 100m, then a month later bought it back for 1m. Who knows what the actual truth is, and there will have been artistic licence used on any tale no doubt, but I'm certain there will truth in them having done something dodgy as fuck 😁 Quote
gonzo Posted July 30, 2025 Posted July 30, 2025 6 hours ago, noxid said: What happened to all our Bolton shares that people bought in the 90s? Think my dad had some. Mosaic and reverse take overs etc Quote
Zico Posted July 30, 2025 Posted July 30, 2025 1 hour ago, boogs said: The one I heard/read about that, ages ago, was that they sold the training ground to the king for something like 100m, then a month later bought it back for 1m. Who knows what the actual truth is, and there will have been artistic licence used on any tale no doubt, but I'm certain there will truth in them having done something dodgy as fuck 😁 yeah that's the one, the royal family, not the government Quote
kobeer Posted July 31, 2025 Posted July 31, 2025 17 hours ago, Tonge moor green jacket said: When Eddie took over, I think they were technically bought, but were worth nothing. Or something along those lines. A finance expert will be along soon with a more in depth explanation. Yes, Eddie put money in that was converted to shares. Eventually he owned most of the company (Burnden Leisure) which meant small shareholdings were worthless. I've a letter from Inland Revenue (20 April 2004) confirming that "shareholdings of less than 1% will be accepted as being of negligible value". Burnden Leisure wrote to confirm the same stating "following the capital reorganisation of 29 December 2003......" Football clubs listing on the Stock Exchange rarely turns out well! NB Anyone want to buy 5,252 Burnden Leisure shares? Quote
Wullie Posted July 31, 2025 Posted July 31, 2025 18 hours ago, noxid said: What happened to all our Bolton shares that people bought in the 90s? We all lost our money and shares Quote
Pablo Posted August 6, 2025 Posted August 6, 2025 On 30/07/2025 at 13:23, Lt. Aldo Raine said: I think Everton have just done the same £60 million is the rumoured figure. Quote
Stig Posted August 6, 2025 Posted August 6, 2025 This is the next Derby and Sheff Wednesday type messing around that will surely come back to bite them Quote
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