The yanks are coming

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pembs jack

Active Member
Jul 11, 2011
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neyland
Press conference at the liberty tomorrow with the new owners being officially unveiled,let's hope the lack of major signings is down to the change of ownership,got to say I'm a bit aprehensive about what lays ahead,so I think tomorrow's statements will be the most important in the last 14 yrs
 
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I have to confess I'm really dissapointed in this Stoke interest, and there are some potters fans out here in the bar, that cannot believe their luck! Bloody sickening I tell you.......:emoticon-0130-devil:emoticon-0130-devil
 
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There is absolutely nothing in that report that makes me think, well here we go. They have stated the bloody obvious, we need a striker and it is a priority, No **** Sherlock. the one thing I did notice and maybe someone knows the mentioned purchasing the club for 60m not the originally reported 100m.

I am still terrified for our club with their arrival, just a bad bad feeling about them. lets hope I am wrong.
 
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With 60% to their name Kaplan and Levien are in essence the new men calling the shots at the Liberty and will take seats on the board. However, the US group have been keen to stress during discussions that they want to keep Huw Jenkins on as chairman and keep his seat on the board to maintain continuity.

The Supporters Trust, represented by Huw Cooze at board level, will keep a place. The Trust had previously suggested they would be keen for a second seat as part of their proactive calls for clarity and accountability of a new ownership.

They are keen to now thrash out a new shareholder’s agreement they see as key as moving forward together. Leigh Dineen will keep an executive management role but it is not clear if he will stay on as vice-chairman or indeed still have a place on the board.
 
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Latest is they are still details to be finalised. **** mine are we sure, surely that should have been sorted out well before the news announcement is due to be made. We are so amateur it is unreal.
 
trundles left foot said:
There is absolutely nothing in that report that makes me think, well here we go. They have stated the bloody obvious, we need a striker and it is a priority, No **** Sherlock. the one thing I did notice and maybe someone knows the mentioned purchasing the club for 60m not the originally reported 100m.

I am still terrified for our club with their arrival, just a bad bad feeling about them. lets hope I am wrong.
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The Club is/was valued at £100m - basically £1m for every 1% of share capital.

Initially, they were looking at owning over 75% - but now only 60%. Hence, their outlay is £60m - money that is going to the individual shareholders, and not to the Club.
 
trundles left foot said:
Latest is they are still details to be finalised. **** mine are we sure, surely that should have been sorted out well before the news announcement is due to be made. We are so amateur it is unreal.
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Could be that some shareholders are holding out for a seat on the Board ....
 
But it was 100m for 75% of the shares now down to 60 for 60% just don't get the math. 15% less in shares yet 40% less in the outlay or am I being to simplistic here.
 
trundles left foot said:
But it was 100m for 75% of the shares now down to 60 for 60% just don't get the math. 15% less in shares yet 40% less in the outlay or am I being to simplistic here.
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My understanding is that the Club is/was valued at £100m all along. The Yanks were going to pay £75m for 75%.

Of course, there have been rumours that they would try and buy the Stadium - I guess that could cost c£25m.....
 
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