Football Ventures

[RoadRunnerFan]

45 minutes ago, Whitesince63 said:

Depends on the shares but normally if they’re company issued employee shares there’s usually a clause stating that you must sell them back when leaving. As Evatt’s are only B Shares and probably have lower voting rights and dividends than A/Ordinary shares I’d be pretty sure this applies to him therefore not an issue which ties the club to him if he’s dismissed. I’d think its highly unlikely that the club would give him equivalent shares to owners and directors but you never know?🥴

The B shares are non-voting. 

Dividend rights could be different but a red herring in any case - the chances of us generating a profit are around the same as an Evatt midfielder putting a reducer in. 

[Leyther_Matt]

3 hours ago, Whitesince63 said:

Depends on the shares but normally if they’re company issued employee shares there’s usually a clause stating that you must sell them back when leaving. As Evatt’s are only B Shares and probably have lower voting rights and dividends than A/Ordinary shares I’d be pretty sure this applies to him therefore not an issue which ties the club to him if he’s dismissed. I’d think its highly unlikely that the club would give him equivalent shares to owners and directors but you never know?🥴

Neil Hart having his shares transferred is probably a good example 

[ZiggyStardust]

https://www.bbc.co.uk/news/articles/c2d3z87yn51o

not sure what, if any, impact this has on the Swiss Investments

Quote

Switzerland's highest court has convicted the commodities trading giant Trafigura and one of its senior executives of bribery over payments made by the firm to gain access to Angola's lucrative oil market.

In a landmark case, the court handed the company's British former chief operating officer Mike Wainwright, who has also competed as a racing driver, a 32-month jail sentence and fined the company $148m (£119m).

This is the first time an entire company has been charged by Switzerland's highest court, and bribery convictions of senior staff are rare.

 

[tomski]

Should be no impact as we are invested in by employees of trafigura. 

[Tonge moor green jacket]

9 hours ago, tomski said:

Should be no impact as we are invested in by employees of trafigura. 

Yep. We've been here before.

Not the company's money- just personal investment.

The only fly in the ointment may be if any subsequent action sees any of those investors prosecuted and fined/imprisoned, and them needing some money back quick!

 

[kobeer]

New filing at Companies House today for Football Ventures shows 561,124 shares allotted on 12/2/25 at £3.56425 each - £2m going into the club's coffers.

Edited February 25, 2025 by kobeer

[Casino]

1 hour ago, kobeer said:

New filing at Companies House today for Football Ventures shows 561,124 shares allotted on 12/2/25 at £3.56425 each - £2m going into the club's coffers.

take it these are the higher level shares, not the ones hart, evatt and markham had?

 

if so, then that dilutes existing shareholders holdings?

how does that work with the govt share?

[Ani]

27 minutes ago, Casino said:

take it these are the higher level shares, not the ones hart, evatt and markham had?

 

if so, then that dilutes existing shareholders holdings?

how does that work with the govt share?

In % terms but not value.

if you own 50% of a company worth £10m  you have £5m

If someone puts in an extra £10m company is worth £20m and you now own 25% so still £5m.

This is in very simple terms depends how the extra income is used. If the money is used frivolously the company value won’t grow as much, but if it is invested into growth the value could increase. Assumes these are totally new shares so the money comes into the club rather than just traded. 

[kobeer]

2 hours ago, Casino said:

take it these are the higher level shares, not the ones hart, evatt and markham had?

 

if so, then that dilutes existing shareholders holdings?

how does that work with the govt share?

Yes they are "A" shares which have voting rights etc unlike the "B" Shares which don't.

I'm sure the civil servants responsible for ensuring taxpayer's money is used effectively have looked into every aspect of the share issue and carefully evaluated the impact on the government's stake in FV....  or some admin assistant briefly diverted their attention from cash in the attic whilst WFH and pressed OK. 

The Articles of Association (T's and C's of the company) detail what happens with each share issue. Directors can issue up to 3m shares (approx. £10m based on this issue) as they see fit, otherwise they'd have to offer other shareholder the chance to buy more.  Given that the major shareholders are close / work together I'm sure any issue is discussed first. 

[TrickyTrotter]

3 hours ago, kobeer said:

 

I'm sure the civil servants responsible for ensuring taxpayer's money is used effectively have looked into every aspect of the share issue and carefully evaluated the impact on the government's stake in FV....  or some admin assistant briefly diverted their attention from cash in the attic whilst WFH and pressed OK. 

 

Think they will be just happy we are still trading and they've a chance to get their (our) money back when we return to the big time.

"around £226 million of the British Business Bank's Future Fund loans have been written off due to companies going insolvent, representing a significant portion of the fund that was allocated to businesses struggling during the pandemic"

[superjohnmcginlay]

Fergal in 

https://www.bwfc.co.uk/news/wanderers-appoint-new-sporting-director

[Cheese]

5 minutes ago, superjohnmcginlay said:

Fergal in 

https://www.bwfc.co.uk/news/wanderers-appoint-new-sporting-director

Absolutely whelmed by this appointment.

[tomski]

Looks a good appointment with a quick read up. Certainly for an L1 club. Worked the freebie market well at Liege as they had a transfer ban.

Signed Fossey too💪

Edited March 10, 2025 by tomski

[paulhanley]

Hard to really assess, certainly not a disappointing appointment. Naturally as a fan you think: "Good knowledge of the continent = some decent foreign signings further down the line". It's certainly a departure from the recent past.

[Tonge moor green jacket]

11 minutes ago, paulhanley said:

Hard to really assess, certainly not a disappointing appointment. Naturally as a fan you think: "Good knowledge of the continent = some decent foreign signings further down the line". It's certainly a departure from the recent past.

SS has said before that he worked in a similar set up at Plymouth, and was fine with it. I wonder if many managers would be; as in what authority do they have or not have and what exactly do they have to go through the director for?

I'm sure there are a number of high profile gaffers past and present, that wouldn't be happy.

[burnden]

A good sporting director these days is hard to find .

[Winchester White]

10 minutes ago, burnden said:

A good sporting director these days is hard to find .

Feargal likes this.

 

[Johnnyrotten]

15 minutes ago, burnden said:

A good sporting director these days is hard to find .

Especially one with a good heart

[Dr. Feelgood]

Looks a good find with a good background.

Though, & I know I'm old fashioned, I can't imagine being a manager (OK, Head Coach) & someone else doing the player selection & strategy.

[RoadRunnerFan]

Hope there are no sinister Undertones to this appointment. 

[masi 51]

15 hours ago, Cheese said:

Absolutely whelmed by this appointment.

Nothing about those five words surprise me

[Whitesince63]

12 hours ago, Dr. Feelgood said:

Looks a good find with a good background.

Though, & I know I'm old fashioned, I can't imagine being a manager (OK, Head Coach) & someone else doing the player selection & strategy.

I doubt it will work that way. I can’t see Schu not having a big say in who comes in and probably the final say with the DoF searching out what’s been agreed the club needs. A manager/Head Coach these days just can’t practically do everything especially with today’s complex contracts so assistance in those areas is a massive bonus. As Schu has already said, he and his coaches still do some of the old fashioned stuff going and watching players anyway so I’m sure alls well with what’s planned.

Edited March 11, 2025 by Whitesince63

[masi 51]

8 minutes ago, Whitesince63 said:

I doubt it will work that way. I can’t see Schu not having a big say in who comes in and probably the final say with the DoF searching out what’s been agreed the club needs. A manager/Head Coach these days just can’t practically do everything especially with today’s complex contracts so assistance in those areas is a massive bonus. As Schu has already said, he and his coaches still do some of the old fashioned stuff going and watching players anyway so I’m sure alls well with what’s planned.

Fully agree....Not one of the players Schumacher is working with is his player, yet he is getting a tune because they work to his thoughts and how he sets a team up.

No need to be going out every Tues, Wed night scouting and getting back at midnight and  writing a scouting report to 2am

Seems this new DOF has got a great Cv... Decent player, done his time as a scout, re-built Standard Liege  on a shoestring

Good business head, articulate.

Will have a great  network both in the uk and Europe....What is not to like

[Traf]

16 hours ago, Cheese said:

Absolutely whelmed by this appointment.

Over or under?

[Cheese]

2 minutes ago, Traf said:

Over or under?

Neither. That was my point.

Edited March 11, 2025 by Cheese