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Re: Investors

By Puds (Chuds)9/4 13:46Thu Apr 9 13:46:21 2020In response to Investors

Views: 1362

Think unless you sell the shares during one of the Tifosy sharedealing windows the only perks for that were money if we get promoted whilst maintaining the shares, wasn't it? So effectively a promotion dividend. Don't see any way investors in that could help the club here, without investing further.

For the Norf Stand, there is a caveat in place whereby if we got relegated the club could delay returning the money by a year, so extending it from a five-year bond to a six-year bond. Not aware of any other terms in place. The repayment isn't due for another three seasons on that so in the immediate term investors could only assist by deferring (or voiding) any interest payments (we have had the first two years, next one would be due in September).

I would have no problem with them delaying repayment of the investment, even in the event of us staying up, but believe it would be something each investor would have to individually agree to with the club and isn't something the club could action across the board without agreement, unless we went down. And guess I would be fine with no interest this year as well, although would miss my free beer vouchers.

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