How to buy club shares

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Nade

Nade

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Anyone have a clue how it's done?
 



Nade said:
Anyone have a clue how it's done?
Click to expand...

They are no longer traded on a recognised public exchange so there is no 'market'.

You could approach the club's share registrars; Esplanade Secretarial Services and see if they are able to offer anything on a 'matched bargain' basis.

You wouldn't be doing it for the potential of massive gains and remember that the value of Sheffield Ubited shares can go down as well as down.
 
I should coco said:
They are no longer traded on a recognised public exchange so there is no 'market'.

You could approach the club's share registrars; Esplanade Secretarial Services and see if they are able to offer anything on a 'matched bargain' basis.

You wouldn't be doing it for the potential of massive gains and remember that the value of Sheffield Ubited shares can go down as well as down.
Click to expand...
But the good news is - they're probably very cheap
And the bad news - you won't get any dividends
 
I bought mine through Barlclays bank but like ISC wrote, I don't know if they are available now.
 
I should coco said:
They are no longer traded on a recognised public exchange so there is no 'market'.

You could approach the club's share registrars; Esplanade Secretarial Services and see if they are able to offer anything on a 'matched bargain' basis.

You wouldn't be doing it for the potential of massive gains and remember that the value of Sheffield Ubited shares can go down as well as down.
Click to expand...
Although down from £1 for 50% of the club would be difficult
 
I have some Magic Beans for sale instead? I promise they will grow and there will be a giant when you climb to the top*

*they might not grow, and there will definately be no giant, unless we put a bid on for Peter Crouch.
 
What's happened to the shares that people already owned if he's taken it off the market?

I think it's mighty cheeky of McCabe to just decide that he and the Prince own 50% of the club each. What about all the other people who bought shares?!?!?
 
I should coco said:
You wouldn't be doing it for the potential of massive gains and remember that the value of Sheffield Ubited shares can go down as well as down.
Click to expand...

I bought 3000 @ £1.07 thinking the divided would go towards my season ticket ha ha. The receiver took them off me when they were 2.5p.
 
Nade said:
What's happened to the shares that people already owned if he's taken it off the market?

I think it's mighty cheeky of McCabe to just decide that he and the Prince own 50% of the club each. What about all the other people who bought shares?!?!?
Click to expand...

We still have them, albeit they are worthless.

It was costing about £300k per year for the costs of maintaining a public listing. Given the massive losses the club has made for the last 10 years, the listing was simply a millstone as there was no relaistic prospect of raising fresh capital from the markets. It therefore made perfect sense to delist.

You can still 'sell' in a matched market if you can find anyone daft enough, (er ...considering an 'alternative investment approach'), to buy.

It was not cheeky, just plain common sense and the shares were pretty much worthless by then anyway. This was not McCabe's fault as the public offering pre-dated him. Still, I suppose it's a good chance for the usual suspects to have a pop at him 'ripping off the fans'.

Has the Desso been mentioned on this thread yet?
 



I should coco said:
We still have them, albeit they are worthless.

It was costing about £300k per year for the costs of maintaining a public listing. Given the massive losses the club has made for the last 10 years, the listing was simply a millstone as there was no relaistic prospect of raising fresh capital from the markets. It therefore made perfect sense to delist.

You can still 'sell' in a matched market if you can find anyone daft enough, (er ...considering an 'alternative investment approach'), to buy.

It was not cheeky, just plain common sense and the shares were pretty much worthless by then anyway. This was not McCabe's fault as the public offering pre-dated him. Still, I suppose it's a good chance for the usual suspects to have a pop at him 'ripping off the fans'.

Has the Desso been mentioned on this thread yet?
Click to expand...

Mike McDonald era?
 
I should coco said:
We still have them, albeit they are worthless.

It was costing about £300k per year for the costs of maintaining a public listing. Given the massive losses the club has made for the last 10 years, the listing was simply a millstone as there was no relaistic prospect of raising fresh capital from the markets. It therefore made perfect sense to delist.

You can still 'sell' in a matched market if you can find anyone daft enough, (er ...considering an 'alternative investment approach'), to buy.

It was not cheeky, just plain common sense and the shares were pretty much worthless by then anyway. This was not McCabe's fault as the public offering pre-dated him. Still, I suppose it's a good chance for the usual suspects to have a pop at him 'ripping off the fans'.

Has the Desso been mentioned on this thread yet?
Click to expand...
Is it possible to buy shares specifically in the desso pitch?

If so, I'm in.
 
Sean Thornton said:
Don't forget Charles "let's take this into the car park Basset" Green.

DB, taking coat off, fine by me

CtheCG , Err, let's not by hasty Dave......
Click to expand...

Ah yes, Charles Green. I know very little about the financial vagaries of a Football club. But when my gut tells me someone is a full weight fucking twat, I usually follow it. Charles Green fits this criteria nicely.
 
image.jpg image.jpg
The Crab said:
Ah yes, Charles Green. I know very little about the financial vagaries of a Football club. But when my gut tells me someone is a full weight fucking twat, I usually follow it. Charles Green fits this criteria nicely.
Click to expand...


They love him even more at Ibrox.

(Or Castle Greyskull as Lydon would have it)

image.jpg
 
Last edited:
Nade said:
Anyone have a clue how it's done?
Click to expand...
I don't have any shares myself but this link to the latest accounts published in Jan 2017 for Blades Leisure gives some details on share ownership and transactions, others will be able to explain the corporate structure better than me.
I expect you will find there are different classifications of shares with different rights and entitlements.
I see about £8 million of new shares were issued in Dec 2015 which I am guessing is how McCabe/Prince put extra money into the club in that year.
Pls let the rest of us know how you get on.

https://beta.companieshouse.gov.uk/company/06963761/filing-history
 
South Bucks said:
I don't have any shares myself but this link to the latest accounts published in Jan 2017 for Blades Leisure gives some details on share ownership and transactions, others will be able to explain the corporate structure better than me.
I expect you will find there are different classifications of shares with different rights and entitlements.
I see about £8 million of new shares were issued in Dec 2015 which I am guessing is how McCabe/Prince put extra money into the club in that year.
Pls let the rest of us know how you get on.

https://beta.companieshouse.gov.uk/company/06963761/filing-history
Click to expand...


Only shareholders in BL are KMc and The Prince.

The shares under discussion are in Sheffield United Limited, the old Plc.
 
What happens if you own shares? Do you get to turn up at the club and sack people you don't like?
 
Say you used to play for the club and that entitles you to some shares.

Even if it's a share of the pies, that should be enough for you Nads.
 



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