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denni266 |
September 11, 2024, 4:25pm |
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If they have given / invested in us i have no problem on them getting a return on their cash if it earns and helps us.
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chelseacity |
September 11, 2024, 4:46pm |
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I suspect the American investor has come on board via Genesis Global, as he is one of their directors along with James Harrison.
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Limerick Mariner |
September 11, 2024, 4:52pm |
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I’m hoping that 1878 are creating an ownership structure, with GTFC debt free, to bring in some serious investment in future. There is scope to dilute 1878’s ownership of GTFC from 88%, but still maintain control, or for GTFC to take on loans for specific projects that are asset backed - ie the training ground and ground improvements. Also 1878 can bring investors into 1878 that means 1878 can buy more shares in GTFC to inject more equity. Or there could be a combination of all 3 used.
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diehardmariner |
September 11, 2024, 5:02pm |
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It was only a few years ago that we narrowly avoided a significant proportion of the club being handed over to a serial fraudster, so you'll have to forgive me for maintaining an interest in who exactly is putting money into our shared community asset. You only need to look down the A180 to see what can happen to fanbases who uncritically welcome investment from any and all comers.
Anyway I'm relatively reassured by other posters that the amount invested and controlling interest in the club held by these Americans, and the fact our current primary owners have far more business acumen than the previous major shareholder, that it isn't something I need to be overly worried about.
No, it's a fair concern. I too am not concerned but considering a lot of us have put scrutiny on the investment down the A46 and asked the 'why would they' questions it would be dismissive to not do the same. I'm comfortable with investors coming in here and making us better, then profiting off the back of it. That's the nature of how investment works. I do struggle to see how GTFC (or any other football club) is a good investment though, only thing I can think of is that this is in someway related to the bigger plan of using GTFC as an enabler for wider investment in the area. Or it's just some daft sods with too much money to spunk away.
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HertsGTFC |
September 11, 2024, 5:22pm |
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Good news all round, people putting their own money into the club with in reality very little hope of getting anything significant back or indeed nothing at all.
People also invest in people so this speaks volumes for the leadership, integrity & foresight that Andrew & Jason have shown.
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| "Crombie you would have got to that if you weren't such a fat ba%$@rd" - George Kerr, inspiration from the dug out 70s style |
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moosey_club |
September 11, 2024, 6:21pm |
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[sup][/sup]
I do struggle to see how GTFC (or any other football club) is a good investment though, only thing I can think of is that this is in someway related to the bigger plan of using GTFC as an enabler for wider investment in the area.
Or it's just some daft sods with too much money to spunk away.
I always see investing as wealthy gambling, lay out what you can afford to lose considering the risk....they may well have effectively written it off in the short term and play a long game it pays off eventually......unlike traditional gambling though you can help your "bet" along by improving or helping the product along, add a bit of your expertise to make it a more appealing, increased interest equals increase value. If the buy price is cheap enough then a savvy investor can back themselves on raising the value enough to make the profit.
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| 2024 /2025LWLWLLWWWLWLWLWDLWWLLWWLLDLDWWWWDDWLLWWLWDLDDL☹️ bottleless tw@ts 2023/24 DLWDDWDLLLWDLLLLWDDDWDLLWLDLLDWDDWLLDWLWLWL but not NLN 😁
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David Frazer |
September 11, 2024, 6:47pm |
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Wow ! Its the start of you clawing back the lost fenty years of lack of investment in your club both on and off the field ! They may have friends who will follow them.I wouldnt be to sceptical your new owners i doubt will lose control of the club and i expect need help with financial investment.
Americans love our game and want to be involved but not able to physically own a prem club.
Good news i would have thought for you and wait till they speak about things.
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WesternMariner |
September 11, 2024, 8:18pm |
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Wow ! Its the start of you clawing back the lost fenty years of lack of investment in your club both on and off the field ! They may have friends who will follow them.I wouldnt be to sceptical your new owners i doubt will lose control of the club and i expect need help with financial investment.
Americans love our game and want to be involved but not able to physically own a prem club.
Good news i would have thought for you and wait till they speak about things.
sodomist me - a David Frazer post I don’t feel compelled to red cross what is the world coming to?
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Maringer |
September 11, 2024, 8:57pm |
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I'd guess the Americans will be sports nerds with a few quid who want to tell their mates they 'own' an English Football club just like Deadpool. I am sure the current owners will have protected the club.
Are you trying to tell me it's De Niro without saying it's De Niro?
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moosey_club |
September 11, 2024, 10:28pm |
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Are you trying to tell me it's De Niro without saying it's De Niro?
He's waiting..
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| 2024 /2025LWLWLLWWWLWLWLWDLWWLLWWLLDLDWWWWDDWLLWWLWDLDDL☹️ bottleless tw@ts 2023/24 DLWDDWDLLLWDLLLLWDDDWDLLWLDLLDWDDWLLDWLWLWL but not NLN 😁
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