Letter sent to Shareholders

[Snoops]

According to a post on AAMB the club are looking to turn £75m worth of shares into equity. Speculation of a forthcoming sale because of it. Read into it what you will, don’t shoot the messenger

Cardiff City Football Forum | Cardiff City FC Messageboard • View topic - “ CCFC Shareholders letter “ Are they ? - https://www.cardifffcityforum.co.uk/viewtopic.php?f2&t=249523

 

[TDA]

According to a post on AAMB the club are looking to turn £75m worth of shares into equity. Speculation of a forthcoming sale because of it. Read into it what you will, don’t shoot the messenger

Cardiff City Football Forum | Cardiff City FC Messageboard • View topic - “ CCFC Shareholders letter “ Are they ? - https://www.cardifffcityforum.co.uk/viewtopic.php?f=2&t=249523

In compliance with the newly voted in rules that owners' financial input has to be equity not loans.

Nothing to read here. Lincoln have done the same thing (only £3m) for stadium development.

 

[Jimmytaff]

In compliance with the newly voted in rules that owners' financial input has to be equity not loans.

Nothing to read here. Lincoln have done the same thing (only £3m) for stadium development.

But an uninformed hooligan with an agenda is pushing a different narrative - don't know who to believe

 

[Norris Cole]

Yep, clubs being sold

 

[Jimmytaff]

Yep, clubs being sold

Norris and Annis or Teeds

 

[TDA]

But an uninformed hooligan's with an agenda is pushing a different narrative - don't know who to believe

I scanned the thread and there is an acknowledgement as to the compliance angle.

£75m over 5 years is £15m a year, but it's only a facility to be drawn on and presumably anticipates likely increases in the annual allowable amount.

 

[Can't think of a gimmick]

According to a post on AAMB the club are looking to turn £75m worth of shares into equity. Speculation of a forthcoming sale because of it. Read into it what you will, don’t shoot the messenger

Cardiff City Football Forum | Cardiff City FC Messageboard • View topic - “ CCFC Shareholders letter “ Are they ? - https://www.cardifffcityforum.co.uk/viewtopic.php?f2&t=249523

And then the share certificates applauded.

That site has the business sense of a store buying things for £1 and selling for 25p...

 

[Can't think of a gimmick]

I scanned the thread and there is an acknowledgement as to the compliance angle.

£75m over 5 years is £15m a year, but it's only a facility to be drawn on and presumably anticipates likely increases in the annual allowable amount.

Having looked there, do your eyes now have to go into quarantine?

 

[TDA]

Having looked there, do your eyes now have to go into quarantine?

It's okay, I wasn't wearing my glasses