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Darlo saved (again)

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psgmariner
February 15, 2012, 3:13pm

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New company created with shares for sale at £100 each with the hope of raising £750,000 by April 30th.




http://www.miabcleethorpes.net
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Rodley Mariner
February 15, 2012, 3:32pm
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I'll have some if they can guarantee that I won't have to give them to Fenty.
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crusty ole pie
February 15, 2012, 3:34pm

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Not a chance of raising that sort of money by the end of April wonder if bert 365 will give me odds on them being in the excrement again
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psgmariner
February 15, 2012, 3:44pm

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Interesting concept behind it - http://www.crowdcube.com/




http://www.miabcleethorpes.net
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supertown
February 15, 2012, 4:31pm
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they dont seem so confident on their own forum. 45 days to raise 750,000?  250,000 to get out of administration and the rest to 'wipe the slate clean' and move on.  Tough ask
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siy2k5
February 15, 2012, 4:34pm
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Quoted from supertown
they dont seem so confident on their own forum. 45 days to raise 750,000?  250,000 to get out of administration and the rest to 'wipe the slate clean' and nove on.  Tough ask


Indeed. If it was so easy to raise that kind of cash, they wouldn't be in the mess they are in.


Quoted from marinerian
If Newport win it b4 heir vist to BP, I will sit in The Osmond dressed as Little Bo-Peep for the match against them!  
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DarlingtonFC1883
February 15, 2012, 5:37pm
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£600,000 is the minimum amount of what we need to achieve before the 30th of April.  If we achieve over £600,000 then great because that allows us to get cracking after we come out of administration.

Personally, I think that it is possible to raise that much amount of cash. The shareholding scheme has been developed into 3 phases...

5,000 shares issued for the first £250k. The first block of shares are 2 for 1.
2,500 shares issued for the second £250k.
2,500 shares issued for the third £250k.

So therefore, 10,000 shares for £750k.

Our biggest creditor, Raj Singh, is apparently backing the idea of a community-based club too. Which is good news given that he has stood in the way of the two previous deals.
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aldi_01
February 15, 2012, 5:49pm

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But is a community club a good idea, Lincoln took this route and by all accounts they have only dust in their bank accounts and are in an even worse position than Town etc...

It is a lot of money to find but i am sure they'll find a way out. They'll survive, may even get back into the league at some point but then go through this all again when they overspend again and end up knocking on deaths door once again and the fans will be back out with the buckets...

I know Darlo aren't the only club to overspend but three times would suggest that they not too great at running a football club....


'the poor and the needy are selfish and greedy'...well done Mozza
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Rodley Mariner
February 15, 2012, 5:50pm
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Quoted from aldi_01

I know Darlo aren't the only club to overspend but three times would suggest that they not too great at running a football club....


Who does 'they' refer to? Weren't the administrations under different owners?
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aldi_01
February 15, 2012, 5:53pm

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Typo i'm afraid, it's meant to say 'they are'...


'the poor and the needy are selfish and greedy'...well done Mozza
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