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Quote from: TommyC on May 17, 2022, 07:06:09 pmQuote from: roversdude on May 17, 2022, 07:01:54 pmThink the question is Tommy what are the shares actually worthIf they are worthless, I'd happily take them off their hands. I'd quite like play at owning a football club without putting any actual money of my own in.....I don't think you know how football clubs are run if you just think its about owning shares. We own over 100,000 shares in DRFC, they're worth pennies.
Quote from: roversdude on May 17, 2022, 07:01:54 pmThink the question is Tommy what are the shares actually worthIf they are worthless, I'd happily take them off their hands. I'd quite like play at owning a football club without putting any actual money of my own in.....
Think the question is Tommy what are the shares actually worth
Let me also correct a few people on here, there was no Sequentia takeover bid followed by the Tomlinson Ryan takeover, there was only one. This document proves that.
Quote from: Bentley Bullet on May 16, 2022, 12:14:20 pmQuote from: Glyn_Wigley on May 16, 2022, 11:58:23 amQuote from: Bentley Bullet on May 16, 2022, 11:44:27 amQuote from: Glyn_Wigley on May 16, 2022, 11:42:39 amQuote from: Bentley Bullet on May 16, 2022, 11:31:35 amScunthorpe would never have been any higher than they are now without spending money they don't have!So, spending money you don't have doesn't get you any higher than where Scunthorpe are now. Hmm.What?You just said that Scunthorpe would never have been any higher than they are now without spending money they don't have.So spending money they don't have has put them where they are. This is not a convincing argument for Rovers to spend money they don't have too. I said Scunthorpe would never have been any higher than they are now without spending money they don't have and are back where they are now because they've stopped spending money they don't have!So Scunthorpe should have carried on spending money they don't have to avoid being where they are now! Instead of the debt they currently have dragging them down, a bigger debt would have saved them!If only they'd have had you as their financial adviser.
Quote from: Glyn_Wigley on May 16, 2022, 11:58:23 amQuote from: Bentley Bullet on May 16, 2022, 11:44:27 amQuote from: Glyn_Wigley on May 16, 2022, 11:42:39 amQuote from: Bentley Bullet on May 16, 2022, 11:31:35 amScunthorpe would never have been any higher than they are now without spending money they don't have!So, spending money you don't have doesn't get you any higher than where Scunthorpe are now. Hmm.What?You just said that Scunthorpe would never have been any higher than they are now without spending money they don't have.So spending money they don't have has put them where they are. This is not a convincing argument for Rovers to spend money they don't have too. I said Scunthorpe would never have been any higher than they are now without spending money they don't have and are back where they are now because they've stopped spending money they don't have!
Quote from: Bentley Bullet on May 16, 2022, 11:44:27 amQuote from: Glyn_Wigley on May 16, 2022, 11:42:39 amQuote from: Bentley Bullet on May 16, 2022, 11:31:35 amScunthorpe would never have been any higher than they are now without spending money they don't have!So, spending money you don't have doesn't get you any higher than where Scunthorpe are now. Hmm.What?You just said that Scunthorpe would never have been any higher than they are now without spending money they don't have.So spending money they don't have has put them where they are. This is not a convincing argument for Rovers to spend money they don't have too.
Quote from: Glyn_Wigley on May 16, 2022, 11:42:39 amQuote from: Bentley Bullet on May 16, 2022, 11:31:35 amScunthorpe would never have been any higher than they are now without spending money they don't have!So, spending money you don't have doesn't get you any higher than where Scunthorpe are now. Hmm.What?
Quote from: Bentley Bullet on May 16, 2022, 11:31:35 amScunthorpe would never have been any higher than they are now without spending money they don't have!So, spending money you don't have doesn't get you any higher than where Scunthorpe are now. Hmm.
Scunthorpe would never have been any higher than they are now without spending money they don't have!
Quote from: Glyn_Wigley on May 16, 2022, 12:21:47 pmQuote from: Bentley Bullet on May 16, 2022, 12:14:20 pmQuote from: Glyn_Wigley on May 16, 2022, 11:58:23 amQuote from: Bentley Bullet on May 16, 2022, 11:44:27 amQuote from: Glyn_Wigley on May 16, 2022, 11:42:39 amQuote from: Bentley Bullet on May 16, 2022, 11:31:35 amScunthorpe would never have been any higher than they are now without spending money they don't have!So, spending money you don't have doesn't get you any higher than where Scunthorpe are now. Hmm.What?You just said that Scunthorpe would never have been any higher than they are now without spending money they don't have.So spending money they don't have has put them where they are. This is not a convincing argument for Rovers to spend money they don't have too. I said Scunthorpe would never have been any higher than they are now without spending money they don't have and are back where they are now because they've stopped spending money they don't have!So Scunthorpe should have carried on spending money they don't have to avoid being where they are now! Instead of the debt they currently have dragging them down, a bigger debt would have saved them!If only they'd have had you as their financial adviser. Huddersfield are in Championship playoffs with an entire team that cost NOTHING to put together . Just good management and desire to succeed! So where does our approach better theirs . Scunthorpe are just typical shoes string club JUST like DRFC .
Quote from: since-1969 on May 18, 2022, 09:45:54 pmQuote from: Glyn_Wigley on May 16, 2022, 12:21:47 pmQuote from: Bentley Bullet on May 16, 2022, 12:14:20 pmQuote from: Glyn_Wigley on May 16, 2022, 11:58:23 amQuote from: Bentley Bullet on May 16, 2022, 11:44:27 amQuote from: Glyn_Wigley on May 16, 2022, 11:42:39 amQuote from: Bentley Bullet on May 16, 2022, 11:31:35 amScunthorpe would never have been any higher than they are now without spending money they don't have!So, spending money you don't have doesn't get you any higher than where Scunthorpe are now. Hmm.What?You just said that Scunthorpe would never have been any higher than they are now without spending money they don't have.So spending money they don't have has put them where they are. This is not a convincing argument for Rovers to spend money they don't have too. I said Scunthorpe would never have been any higher than they are now without spending money they don't have and are back where they are now because they've stopped spending money they don't have!So Scunthorpe should have carried on spending money they don't have to avoid being where they are now! Instead of the debt they currently have dragging them down, a bigger debt would have saved them!If only they'd have had you as their financial adviser. Huddersfield are in Championship playoffs with an entire team that cost NOTHING to put together . Just good management and desire to succeed! So where does our approach better theirs . Scunthorpe are just typical shoes string club JUST like DRFC .Eh?Do Huddersfield not pay their wages or staff?Unless you are claiming they didn’t pay any transfer fees which sounds unlikely not least because their in-form left-back whose goals got them over the line into the playoffs (and who used to play for us, Harry Toffolo) definitely cost them a fee.
I was being facetious yes. Having said that, I would nevertheless still ask why you would give someone shares that are worthless? When given to an employee as one poster has suggested they do still tend to have value as a reward or bonus or in some form of salary sacrifice arrangement. It could be in return for a job well done for example. Hopefully that isn't the case here. Either way though, they tend to have value either through being able to be sold on or through conveying some form of dividend or a right to payment on a sale of the Company.I agree the VSCs shares in the subsidiary DRFC will be worth nothing. They probably will have little to no voting rights and most definitely won't have a right to a dividend. They're a token gesture. They represent 100k shares out of a total share capital of in excess of 33 million shares....in the subsidiary company. As you say, utterly worthless.However I'm talking about the 96 million shares that GB and DB EACH hold in the topco (Club Doncaster) that actually owns and controls DRFC. Their respective 96 million shares each is the exact same amount of shares as held by TB. Please could you explain to me how a football club works Silent Majority?
One might guess that the most likely answer to the question about the shares of Messrs Blunt and Baldwin is that they were pure gifts. They would then be in consideration of the value that TB places upon the two individuals in their company roles. The value of the shares themselves is surely related to the worth of the businesses owned. I assume that it is unlikely the VSC would be informed if there are conditions attaching to the ownership - for example restrictions on their sale.
Terry is not going to be involved for that much longer. The guy is 80 this year. He won’t need this hassle at his age. We’ve got to get soon to a stage where we are relatively sustainable. This gives us some stability for when he is not involved, and potentially then make us a more attractive option for external investment that might come. To get there we either have to cut outgoings or increase incomings. We have to choose one of them.
Quote from: silent majority on May 18, 2022, 05:45:40 pmLet me also correct a few people on here, there was no Sequentia takeover bid followed by the Tomlinson Ryan takeover, there was only one. This document proves that. Sm what about the Crowdfunding episode, was that linked to this?
Quote from: ravenrover on May 18, 2022, 08:37:03 pmQuote from: silent majority on May 18, 2022, 05:45:40 pmLet me also correct a few people on here, there was no Sequentia takeover bid followed by the Tomlinson Ryan takeover, there was only one. This document proves that. Sm what about the Crowdfunding episode, was that linked to this?Yes it most certainly was. I did say at the time that anybody who was relying on a crowdfunder to buy a football club wasn't going to get very far, despite protestations claiming that was not the case. I was proven right pretty quickly.
Quote from: Chris Black come back on May 19, 2022, 10:36:24 amTerry is not going to be involved for that much longer. The guy is 80 this year. He won’t need this hassle at his age. We’ve got to get soon to a stage where we are relatively sustainable. This gives us some stability for when he is not involved, and potentially then make us a more attractive option for external investment that might come. To get there we either have to cut outgoings or increase incomings. We have to choose one of them. We're already at that point.
I'm getting the feeling that some people think that when an investor buys shares in Rovers that somehow the money goes to Rovers and not to the previous owner of the shares.
Quote from: Glyn_Wigley on May 19, 2022, 02:30:17 pmI'm getting the feeling that some people think that when an investor buys shares in Rovers that somehow the money goes to Rovers and not to the previous owner of the shares.That’s when an investor buys shares. But an investor could buy the shares and also invest in the club. But at this moment neither is happening and it appears TB doesn’t want it to happen.
What is it with certain posters on here that feel that nothing negative should ever be posted about the current directors and other members of DRFC?It seems they feel it is perfectly ok for them to be negative about a previous director and if anyone disagrees with them their reaction is always one of "Well go and support another club"We all support our club and whilst some think they are superior to the rest of us they are most definitely NOT.
Hypothetical question, of course, but if a statue of John Ryan had been erected at the Keepmoat around the time of its opening, who would want it pulled down now?