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NTFC FOR SALE

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Author Topic: NTFC FOR SALE  (Read 13085 times)
tcobb
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« Reply #380 on: June 03, 2018, 21:20:28 pm »

Ive got shares, shame they are non voting ones, as i would have had the AGM today  Grin Grin
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« Reply #381 on: June 04, 2018, 13:44:07 pm »

I'm intrigued. my understanding was that the 51% was owned by the club members - so, as long as you are allowed membership then you can purchase shares? Which means that a consortium or fan investor could run the club, as long as existing members approved. Is that how it works in Germany?

The club members do not purchase shares, the club retains/holds 51%, the associated voting and overall control in the club's name.
The club members (fans etc..) are given an opportunity to determine which way those 51% of votes are used during pre-vote ballots, ensuring protection of the club from outside investors. 
Gladbach is the fifth largest in the BL with 80,000 members: https://www.statista.com/statistics/595935/german-bundesliga-clubs-member-numbers/
An example of cost and benefits to members: https://www.borussia.de/english/borussia-fans/members/become-a-member.html

The other 49% of shares are able to be purchased by a consortium or fan investor.
This restricts the popularity of those shares because the club is controlled and not run to make a substantial profit, just sufficient to cover running costs and agreed transfer budgets/improvements etc..

I am not sure of what 'start state' the clubs finances would need to be and how to recover 51% of the existing shares to begin, that maybe an initial prohibiter. 
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« Reply #382 on: June 04, 2018, 15:33:35 pm »

The club members do not purchase shares, the club retains/holds 51%, the associated voting and overall control in the club's name.
The club members (fans etc..) are given an opportunity to determine which way those 51% of votes are used during pre-vote ballots, ensuring protection of the club from outside investors. 
Gladbach is the fifth largest in the BL with 80,000 members: https://www.statista.com/statistics/595935/german-bundesliga-clubs-member-numbers/
An example of cost and benefits to members: https://www.borussia.de/english/borussia-fans/members/become-a-member.html

The other 49% of shares are able to be purchased by a consortium or fan investor.
This restricts the popularity of those shares because the club is controlled and not run to make a substantial profit, just sufficient to cover running costs and agreed transfer budgets/improvements etc..

I am not sure of what 'start state' the clubs finances would need to be and how to recover 51% of the existing shares to begin, that maybe an initial prohibiter. 
Thanks for that, Deepcut - very clear. Seems its a non-starter in the UK unless a benevolent purchaser decides to give 51% of the club away immediately after purchasing it.
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« Reply #383 on: June 04, 2018, 15:37:53 pm »

I have a 50 years service thats allows me to do and say what I want shares..
Someone needs to oversee these lot😂 only joking
From what Im hearing these lot are no push overs and fully believe we have a proper progressive future..
Just keep the club and towns folk  in the loop please.

Who is not a pushover?
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« Reply #384 on: June 05, 2018, 12:25:41 pm »

NTFC AGM 10am this Tuesday, any shareholders going or NTFC Trust?
Let us hope some progress with the Council is announced tomorrow, over to NBC!
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« Reply #385 on: June 05, 2018, 14:47:22 pm »

Let us hope some progress with the Council is announced tomorrow, over to NBC!
Did NBC not say they have a meeting on June 13 to discuss any issues regarding NTFC.
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« Reply #386 on: June 05, 2018, 14:49:17 pm »

Did NBC not say they have a meeting on June 13 to discuss any issues regarding NTFC.

Yes, but don't hold your breath.
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« Reply #387 on: June 05, 2018, 15:45:40 pm »

Did NBC not say they have a meeting on June 13 to discuss any issues regarding NTFC.
correct
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« Reply #388 on: June 07, 2018, 20:48:59 pm »

No to be frank you are embarrassing.....Your blinkered view shows you to have lost the ability to make any considered comment and you have zero credibility - but more importantly (as a man with absolutely no credible executable solution) your approach and attitude actually hastens a possible end to our football club.

Poor old Beds having to take this type of verbal abuse on the chin. Yet you rarely retaliate under such personal abuse. I don’t agree with most of your comments on NTFC, but your self discipline under such provocation is admirable.
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« Reply #389 on: June 07, 2018, 21:09:18 pm »

Poor old Beds having to take this type of verbal abuse on the chin. Yet you rarely retaliate under such personal abuse. I don’t agree with most of your comments on NTFC, but your self discipline under such provocation is admirable.

That's because he enjoys it.
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