An owner would never confirm putting money into the club for obvious reasons, not only does it tell every club we have more money but it also just makes it look like he is trying to seek praise for something good he did (which would lower my view of him) to get fans onside.
Josh, my understanding is that as a financially regulated organisation, GFH are obliged to announce major financial movements like this to their stock market. Also, every other similar transaction has been reported on the OS, the latest example being Noodles.
Isn't getting fans behind the club a very important initiative? I think I shall have to disagree with you on this.
As a majority held investment by GFH, even though it is a private investment, disclosure may well be required.
Incorrect. Personal investment is not the same as corporate investment. And it would also be disregarded for ffp unless is was more than £5mill.
Because Haigh is not making the investment as part of GFH. The investment is being made by him personally. Individual investments are exempt in terms of ffp up to £5 mill. Wasn't posting to be smart. But you were incorrect with ur interpretation.
My opinion was based on the investment into a subsidiary of a regulated enterprise. Got nothing to do with who invested. I was just opining, but you seem certain.
I am certain IF the investment is from his personal wealth. That is a big if. It's how forests owner has invested his cash on top of his company cash, Fernandez at QPHaha has done the same. It makes ffp a bit pointless at our level. Good job we have good income streams, now that they are not been milked. Just need to finish the catering contracts and get all the cash going towards LUFC.
Exactly how long is left on the catering contract. I've read two versions, one that this is the last year and other opinions there is a further season to go. Any idea GH or anyone else
Glory, how can it be DH's PERSONAL wealth, if it's coming from another company? (described as 'his' company, but a company nevertheless). I wasn't actually talking fair play regulations, but about the requirements of the stock exchange, as it happens. Different kettle of fish entirely.
That's exactly what has happened at qpr. I am guessing here but believe if tha company is wholly owned then there is nobody to have to inform vis a. Vis stock exchange notification. Another year to go on the catering contract unless GFH have got it altered on the qt.
