Share issue

[Keen Blade]

Same as every season. I remember Uber Sad Act Kivo Owl being distraught that we hadn’t gone bust over one summer.

They have never got over having to beg hmrc on the steps of the High Court. It’s deep seated in them so suggesting we are in a similar position keeps them going short term until the latest financial crisis hits the Chan Siro.

Their, they don’t even own their own ground mantra has turned full turtle on them, but they are having to bang on about their magnificent outside funded stadium is, even though its ongoing decay has spread to the pitch.

Chan Siro ... I love that , not heard it before

 

[Sean Thornton]

Would I be correct in thinking SUFC (Hotel) Ltd is a wholly owned subsidiary of either SUFC or BLL ... ie its success or failure directly impacts the club ... As opposed to residing in some more distant part of HRH empire ?

Sufc Ltd

 

[Blade58]

Yorkshire Live Q & A session with Nathan Hemmingham:

Jack W: Any views on what the share issue in December that was reported recently was about?

NH: "I'm told there's nothing in it, nothing special, just business housekeeping and nothing for fans to worry about."


Can't say I find that answer very convincing. Business housekeeping doesn't usually involve FC's issuing £14.5m worth of shares....................... does it?

 

[billyblademan]

Yorkshire Live Q & A session with Nathan Hemmingham:

Jack W: Any views on what the share issue in December that was reported recently was about?

NH: "I'm told there's nothing in it, nothing special, just business housekeeping and nothing for fans to worry about."


Can't say I find that answer very convincing. Business housekeeping doesn't usually involve FC's issuing £14.5m worth of shares....................... does it?

It's just an injection of cash isn't it, rather the loan hanging around our neck. In theory, it adds to the value of the club so Princey (or whoever injected the money) can expect it back should they look to sell.

Maybe we've got a big bill coming up (ie land for training ground and subsequent development?) or maybe it's just cash required to keep us going, and doing so in February is a better time than in January, or the summer, when everyone will be up in arms that we should spend that cash on transfers.