Welcome to pink'un | pink'un Home | Forums | Sign in | Join | Settings
 

Main Discussion - Norwich City

Topic has 17 replies.

Print Search
Sort Posts:    
   05/07/2008, 8:54 PM
Branston Pickle is not online. Last active: 01/09/2008 22:14:19 Branston Pickle



Top 150 Posts
Joined on 04/08/2004
Surrey
Posts 1,514
Re: Straight from Doncasters mouth!!! Well Inbox anyway...
 Lol Morgan wrote:

"the reality is that it is easy to talk about investing money in the team - that, ultimately, is what interests supporters"

Yes Neil, the penny has finally dropped!

IMO you seem to miss the main point, which is that - unless I have got it totally wrong - at no time has Cullum actually sought to take over the club (by his own comments), but that is precisely what it would take for his offer to come true.  Per his own comments, other than a tentative telecon last October he has barely spoken to the club, yet if he wanted to take it over it might have been a good idea to have approached them about it, and a telecon last October is not the sort of thing we are talking about in what is a £multi-million business. 

Given this, getting the EDP to publish a one-sided story about how he would love to put all this money in, seems to me to be trying to play a clever - but imo slightly morally wrong - game, purely designed at getting supporters on-side.  But it was a pretty feeble effort by the EDP as it asked/answered none of the important questions that anyone with any sense would have asked.

Something does seem a bit odd about this whole thing, and imo the EDP has a fair amount to answer to.  We'd all welcome a large cash injection, and so far Mr Cullum seems the most viable option, so lets hope that the daft saga of the last week won't put a stop on it.


   Report 
   05/07/2008, 8:54 PM
Branston Pickle is not online. Last active: 01/09/2008 22:14:19 Branston Pickle



Top 150 Posts
Joined on 04/08/2004
Surrey
Posts 1,514
Re: Straight from Doncasters mouth!!! Well Inbox anyway...
 Lol Morgan wrote:

"the reality is that it is easy to talk about investing money in the team - that, ultimately, is what interests supporters"

Yes Neil, the penny has finally dropped!

IMO you seem to miss the main point, which is that - unless I have got it totally wrong - at no time has Cullum actually sought to take over the club (by his own comments), but that is precisely what it would take for his offer to come true.  Per his own comments, other than a tentative telecon last October he has barely spoken to the club, yet if he wanted to take it over it might have been a good idea to have approached them about it, and a telecon last October is not the sort of thing we are talking about in what is a £multi-million business. 

Given this, getting the EDP to publish a one-sided story about how he would love to put all this money in, seems to me to be trying to play a clever - but imo slightly morally wrong - game, purely designed at getting supporters on-side.  But it was a pretty feeble effort by the EDP as it asked/answered none of the important questions that anyone with any sense would have asked.

Something does seem a bit odd about this whole thing, and imo the EDP has a fair amount to answer to.  We'd all welcome a large cash injection, and so far Mr Cullum seems the most viable option, so lets hope that the daft saga of the last week won't put a stop on it.


   Report 
   05/07/2008, 8:58 PM
Yellow Shirt is not online. Last active: 30/07/2008 13:14:44 Yellow Shirt

Not Ranked
Joined on 23/01/2008
Posts 56
Re: Straight from Doncasters mouth!!! Well Inbox anyway...
 CaptnCanary wrote:

 Jimmy Smith wrote:
I still don't see why his money can't be used to create more shares, and Delia keep hers, while he pums more than she spent in on the new shares, and becomes new majority shareholder, as the club would then be worth what he paid more than it was

You're right. Surely they could issue £20m worth of £30 shares and give those to Cullum. Surely that could be done if it was voted through? If the current total shares currently come to £16m in value then that would give Cullum a 55.55% share of the club. Everyone else gets to keep their shares, Cullum has majority and we get £20m for players.



Surely that would still be a takeover and so would require an offer to buy all shares. Financial City rules... maybe?

   Report 
  Page 2 of 2 (18 items) < 1 2
pink'un » Have Your Say » Main Discussion... » Re: Straight from Doncasters mouth!!! Well Inbox anyway...

Powered by Community Server, by Telligent Systems

Copyright © 2007 Archant Regional Limited. All rights reserved.
Terms and conditions