Brilliant mate, once again we can all thank you amongst others for your input into all of this. Glad you decided to post over here. Cheers
Fwiw yourself and others, Smug, magnus have been the constants in all the takeover positivity. (Sorry if I've missed anyone). I 100% believe and trust all that your saying, I dont know you's, personally but I'd put my mortgage on this all going thru. Theres always negativity from a lot of fans who wallow in it.
SD has zero input/ interest in the club now ffs. Thats not going to all of a sudden change when a new bloke takes over
Yes the lads have been great in dropping hints about what is going on.However, when you have Donald and red trousers running the show, until the ink is dry on the legal documents... we await with bated breath. It all could have happened a year ago, we came close but it fell through.
During the 'FPP takeover' I was threatened directly and indirectly with legal action .... ... I'm a little more cautious these days.
Been such a busy weekend with everything seeming to be falling in to place will be pleased for it to be brought to a satisfactory conclusion but so much more information to come in the fullness of time . Seems like a major restructure of the club will be underway shortly , with all this going on don’t suppose you will have had time for your Sunday afternoon update phone call ? I probably look forward to it as much as you .
Even with the FPP takeover attempt I dont think it seemed 'this close'. Even tho it may have been? It just seems different.
If it is Sartori with 40% and the French lad with 40% and they are working together, then they have pretty much complete control of the club / Madrox. The only "influence" Methven or Donald would have, would be anything that the other two allow them to have. Maybe now is the time for a few of our supporters to understand this. See below. https://www.quora.com/What-is-the-i...-the-significance-these-numbers-in-particular Venkat Balasubramanian , works at Smithsonian Institution Answered December 26th, 2017 · Author has 154 answers and 302.3K answer views Well its a good question actually. Why is 26, 49,51, 76 percentage points significant. 26% - when you own 26% you don't allow the other parties (all put together) to achieve a 3/4th or 75% vote, which is required for obtaining some very crucial corporate decisions. This position is also called the “minority active position” where you own above 20% but below 50%, thereby you exert an active influence on the decision making of the Directors/shareholders. This also has an accounting significance on how dividends are treated 49%/51% - when you dilute upto 49% (a minority or non-controlling interest NCI), you still own a simple majority in the company. Many governments don't allow control and management (which is achieved by a simple majority itself) to shift into foreign hands, so allow only upto 49% investments by foreigners, and even within a country you can easily dilute upto 49% and still retain the majority for day to day decisions and thereby control of the Company. Although for special decisions you will have to bring in the additional 24% votes. 76% - is the flip side of 26% reason. With 76% votes (or ownership) you control almost everything in the company, the others being a passive minority. There are many other reasons (fiscal, corporate, taxation,securities laws, regulatory and compliance related) for why corporations have to stick to these significant % points.
Crash was unbelievable, even more so that he ran out of the car after being inside while engulfed in flames for nearly 30 seconds
All that is right, and very interesting, but it won’t appease everybody as there will be those that will feel CM is controlling all the people above him who have more money, more power and more equity.
Best thing to do would be to fork out for the best young players available (under 23s don't count towards the cap?) and hire a manager who knows what to do with them. Quality youth should be the way forward long term anyway so may as well start as soon as possible.
the other thing to consider is that the wage cap doesn’t include payments to former players. There’s very little to stop them releasing players on a free and paying them off if they want to. I doubt they’ll do it, but if they wanted to go nuclear they could buy an entire new team (obviously keeping the wage cap in mind)
