Name change discussion

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So what rate of interest would CTWD get if they borrowed 30 million from a bank to buy the club?

nothing to do with CTWD - gifts don't attract any interest cos they're a gift - Allam should convert his loan to equity and stop ****ing about - the club has never been in such a financial mess
 
My point was, that with £100m of debt, the club would not command a fee.

But the running costs of the club exceed its income. For a trust to raise the money needed to be able to pass the financial fitness test its membership would in my simply thick none qualified way would have to have 10000 members who paid £1650 as an initial payment, with monthly payments at £25 per member, for no guarantee of a return. They would be investing in the promise of a club with no assets and even if the club had the KC the return on an expanded stadium would compromise the profits for at least five years.
 
I think you've missed the point with this whole fan ownership thing, if a trust took an involvement, it would be on behalf of it's members and it's members would fund it and own it.

Fantasy stuff. We will see how many of our supporters are willing to part with £15 tomorrow night to watch the team in the FA Cup 5th Round Replay. Are 'members' also supporters ? Because in my experience of this sort of thing, and yes, it's been attempted before at City, you would be lucky to get a 1,000 or so genuinely interested parties who's borrowing power at the Bank would be debatable.
It would be a struggle to fund a club the size of North Ferriby.
 
nothing to do with CTWD - gifts don't attract any interest cos they're a gift - Allam should convert his loan to equity and stop ****ing about - the club has never been in such a financial mess

Pathetic bollocks and you know it. You know full well the "gift" was saving the club from extinction.
 
So what do you suggest he does then ?
We cannot operate forever at this level from a council owned 24,000 capacity stadium. That is the crux of the matter and the problem, not AA.
He is not a bottomless pit moneywise and he is unlikely to be the first human to live forever.
The name change does not make business sense to me either, but what are the alternatives?
Perhaps he has a huge sponsor lined up ?
If he hasn't then I would think that I sleep sounder then he does because his personal financial commitment is far greater then mine, and perhaps yours?
We need workable solutions not personal slanging matches.
As for clueless, how much did AA guarantee was available to sign Long and Jelavic ? Clueless would have been to sit back and spend nowt and pray we don't get relegated.
The benchmark is Manchester City. They too play from a council owned stadium but their council works hand in hand with the football club for the good of the area.
Man City are extending their stadium by another 20,000 to a 60,000 capacity. We are stuck with Fc and 24,5000. Level playing field eh?
Follow the Manchester City route and the name change becomes unnecessary.

^^^ great post
 
Pathetic bollocks and you know it. You know full well the "gift" was saving the club from extinction.


and that's pathetic bollocks - the club was only £30mill in debt - it wouldn't have been extinct - look at other clubs in much worse positions - are they extinct? - we'd have had an administrator operating the club and they would have dealt with the creditors who would either have to wait, reduce their expectations or allow the club to go bankrupt but then they would probably lose everything - I agree we would be bottom tier as we couldn't afford to buy/pay quality players but we would still be going - so his gift is converting a £30 mill debt into a £100 mill debt - some ****ing gift eh - the only difference being he gets paid £5mill a year in interest instead of £1.5 mill - oh yes and we're even more totally ****ed financially if he decides to pull the plug
 
and that's pathetic bollocks - the club was only £30mill in debt - it wouldn't have been extinct - look at other clubs in much worse positions - are they extinct? - we'd have had an administrator operating the club and they would have dealt with the creditors who would either have to wait, reduce their expectations or allow the club to go bankrupt but then they would probably lose everything - I agree we would be bottom tier as we couldn't afford to buy/pay quality players but we would still be going - so his gift is converting a £30 mill debt into a £100 mill debt - some ****ing gift eh - the only difference being he gets paid £5mill a year in interest instead of £1.5 mill - oh yes and we're even more totally ****ed financially if he decides to pull the plug

<laugh> Oh thats ok then is it. So you agree it wasnt a gift of 30 million now so thats a start, cos i'd seriously doubt anyones mental health if they thought a random business man gives away 30 million quid.

He cant pull the plug and you know that too, guess you and CTWD want that and a plummet through the leagues so you can hopefully get the club and run it "properly".
 
and that's pathetic bollocks - the club was only £30mill in debt - it wouldn't have been extinct - look at other clubs in much worse positions - are they extinct? - we'd have had an administrator operating the club and they would have dealt with the creditors who would either have to wait, reduce their expectations or allow the club to go bankrupt but then they would probably lose everything - I agree we would be bottom tier as we couldn't afford to buy/pay quality players but we would still be going - so his gift is converting a £30 mill debt into a £100 mill debt - some ****ing gift eh - the only difference being he gets paid £5mill a year in interest instead of £1.5 mill - oh yes and we're even more totally ****ed financially if he decides to pull the plug

We where close to insolvency, the football debts would have to have been paid for us to play, even if we ended up in the conference we would not have been able to play as under their rules which are far harder. Hull City had only one thing going for it and that was it was in the championship. Take that away and we actually had nothing other than TV rights money that had been borrowed against.
 
Oh no doubt. Individually, away from CTWD I am 100% certain they're all top blokes.

Eh?

You&#8217;ve previously written that you didn&#8217;t trust them or their intentions: &#8216;I don&#8217;t want any of them near MY club&#8217;.

But apart from that, you think they&#8217;re all great.
 
<laugh> Oh thats ok then is it. So you agree it wasnt a gift of 30 million now so thats a start, cos i'd seriously doubt anyones mental health if they thought a random business man gives away 30 million quid.

He cant pull the plug and you know that too, guess you and CTWD want that and a plummet through the leagues so you can hopefully get the club and run it "properly".

For crying out loud, Chazz - (as far as I understand it) CTWD are thinking of a minority stake (= participation) in the Club, at some time in the future. The 'Doctor' proposed that, at or around the time of his acquiring the Club.
 
For crying out loud, Chazz - (as far as I understand it) CTWD are thinking of a minority stake (= participation) in the Club, at some time in the future. The 'Doctor' proposed that, at or around the time of his acquiring the Club.

Why didnt he offer Tigers co op a share at the time? In fact why where Tigers co op not beating a path to his door at the time? He wanted 8m for a 20% stake. Now I dont think 8m would get a 5% stake, in fact I dont think it would even get 2%.
 
Why didnt he offer Tigers co op a share at the time? In fact why where Tigers co op not beating a path to his door at the time? He wanted 8m for a 20% stake. Now I dont think 8m would get a 5% stake, in fact I dont think it would even get 2%.

Probably because, like a fair few things he's said, he didn't have any intention of doing so. Things just fly off his tongue, willy-nilly, to suit the audience and the occasion.

The man behaves like a complete turd.
 
Eh?

You&#8217;ve previously written that you didn&#8217;t trust them or their intentions: &#8216;I don&#8217;t want any of them near MY club&#8217;.

But apart from that, you think they&#8217;re all great.

Sure. Individually and away from CTWD I bet they're all smashing blokes. Together with CTWD, no, I do not trust them. What's wrong with that?
 
I think generally there are a few sound business men looking at this and thinking "kids" ... CTWD have no idea of running a club or having a stake in it ... its laughable ... you have facts and figures but dismiss them as they don't pander to your argument ... look at the bigger picture please

and I will repeat I am not FOR the name change , I am all for letting the owner do what he wants to do if he feels it in the interest long term of our club
 
I still am not convinced a name change will bring substantial funds into the club, simple as that. Why take a gamble like that for little gain and alienate genuine supporters. Makes no sense whatsoever. I do not believe there is any big plan, its just an old man wanting his own way.

why not ?
 
Sure. Individually and away from CTWD I bet they're all smashing blokes. Together with CTWD, no, I do not trust them. What's wrong with that?


So why would a bunch of &#8216;smashing blokes&#8217;, when coming together through a shared passion, become full of malevolent machinations?

Are they like a group of individually charming schoolkids that should have to be set apart for fear they&#8217;d lead each other astray?
 
So why would a bunch of &#8216;smashing blokes&#8217;, when coming together through a shared passion, become full of malevolent machinations?

Are they like a group of individually charming schoolkids that should have to be set apart for fear they&#8217;d lead each other astray?

Hey, nice description of them from you.

It's the pack mentality thing kicking in. Like certain groups of fans who think its perfectly acceptable to shout abuse and generally act in a totally unacceptable way at a game, who wouldn't act like that away from the confines of a stadium.

Individually I'm sure they're lovely fellas, when they get together as CTWD, not so much.
 
Hey, nice description of them from you.

It's the pack mentality thing kicking in. Like certain groups of fans who think its perfectly acceptable to shout abuse and generally act in a totally unacceptable way at a game, who wouldn't act like that away from the confines of a stadium.

Individually I'm sure they're lovely fellas, when they get together as CTWD, not so much.

I know what you mean, who but a child would run around in shorts kicking a football?
 
Hey, nice description of them from you.

It's the pack mentality thing kicking in. Like certain groups of fans who think its perfectly acceptable to shout abuse and generally act in a totally unacceptable way at a game, who wouldn't act like that away from the confines of a stadium.

Individually I'm sure they're lovely fellas, when they get together as CTWD, not so much.

Naturally, I understand your analogy, just doesn&#8217;t seem to fit with the moderate CTWD that I&#8217;ve seen.

So, what are you basing this &#8216;pack mentality&#8217; on that you parallel with anti-social behaviour in the stadium? What actions have you seen that justifies such an observation? Have you been to any of the meetings?

I&#8217;m supposing you imagine that meeting at Tigers Lair as some sort of putsch or perhaps a group of men egging each other on to draw nobs and fannies on pictures of Allam.