www.altyfans.co.uk
General Category => Altrincham FC First Team => Topic started by: bumble on December 27, 2016, 04:52:33 PM
-
https://s3-eu-west-1.amazonaws.com/document-api-images-prod/docs/7YKo9hgFC9JL0zHihDE5rCZpvI7q8_nvcOPrQkmXhuk/application-pdf?AWSAccessKeyId=ASIAJWPO5PFZMRSN6EYA&Expires=1482856062&Signature=z3aN0u%2BJphlE4hsOHIm9jGp%2FyhQ%3D&x-amz-security-token=FQoDYXdzEBQaDIxUsQGZRQ3DUKX4riKcA%2FX2uOe0A9EtqyLjd6PDzJ2Jex3SRU9w1398VeLblwkbKdruutLT%2B4GGCo36hEUP5mAdi9f2eghHj4GQd4e0SIAAxZXkr8AKoSJYOZXtr8nnDexiGQypLVoCZME5%2FGUZRhV8ZVu16LmywPz1eGA%2F0XUpDfi5AqUI%2BwnGTrD5ZvxZD08TN%2Bj7ykerIVEqyGlM2ymTHTAlqOxPeLRFgAokNOIWquyoc7aAdGOJJipI%2FmlwUglOQEP%2BMeWfakDvVYqAoPZA0R2IdAJd5eNS5GIpxyZrrzqU3B5M2Acdhsyhp0PrVw4QSHFiCtF9OF7Bji9Rxx2xuz0cnnaayHA4jdV2d%2FmHFF%2BZ30fY0695SWYTiyGgQK0fuLmpTKZiwFveM0qjLErFglbk6fG47GJi6qMM2xB%2BA9dYLyjdsrnXq6MUE1MIvFkna21a%2Fr22fLxCqyHLzBsQApGjRQN%2BFV%2BejqS1LO5n3J8xOYci9OlrkyDcg2LJnUOTD6TkW%2FS%2B5gsRJjkyVLLIx9wq5v2Hz8NxuTsgb5r3nw2615UIm86FZI4ouJKJwwU%3D (https://s3-eu-west-1.amazonaws.com/document-api-images-prod/docs/7YKo9hgFC9JL0zHihDE5rCZpvI7q8_nvcOPrQkmXhuk/application-pdf?AWSAccessKeyId=ASIAJWPO5PFZMRSN6EYA&Expires=1482856062&Signature=z3aN0u%2BJphlE4hsOHIm9jGp%2FyhQ%3D&x-amz-security-token=FQoDYXdzEBQaDIxUsQGZRQ3DUKX4riKcA%2FX2uOe0A9EtqyLjd6PDzJ2Jex3SRU9w1398VeLblwkbKdruutLT%2B4GGCo36hEUP5mAdi9f2eghHj4GQd4e0SIAAxZXkr8AKoSJYOZXtr8nnDexiGQypLVoCZME5%2FGUZRhV8ZVu16LmywPz1eGA%2F0XUpDfi5AqUI%2BwnGTrD5ZvxZD08TN%2Bj7ykerIVEqyGlM2ymTHTAlqOxPeLRFgAokNOIWquyoc7aAdGOJJipI%2FmlwUglOQEP%2BMeWfakDvVYqAoPZA0R2IdAJd5eNS5GIpxyZrrzqU3B5M2Acdhsyhp0PrVw4QSHFiCtF9OF7Bji9Rxx2xuz0cnnaayHA4jdV2d%2FmHFF%2BZ30fY0695SWYTiyGgQK0fuLmpTKZiwFveM0qjLErFglbk6fG47GJi6qMM2xB%2BA9dYLyjdsrnXq6MUE1MIvFkna21a%2Fr22fLxCqyHLzBsQApGjRQN%2BFV%2BejqS1LO5n3J8xOYci9OlrkyDcg2LJnUOTD6TkW%2FS%2B5gsRJjkyVLLIx9wq5v2Hz8NxuTsgb5r3nw2615UIm86FZI4ouJKJwwU%3D)
The full listing is on here if anybody is interested about who owns parts of the club.
In total we have 255 active shareholders.
Our top 5 shareholders own 51% of the club.
G Goodwin - 13.1%
Andrew Shaw - 12%
Grahame Rolwey - 10.7%
L Rosenfield - 10.2%
Ian Foden - 5%
The next 5 biggest
6. G Davies - 3.2%
7. Anthony Taylor - 3%
8. R Webb 2.6%
9. P Daine 1.7%
10. Chris Rowley* - 0.8%
*B Taylor, Sarah Jones, and Karen Rowley also own 0.8% respectively.
-
So the board dont have a controlling majority?
-
Interesting that. How do I go about buying shares? How much would 10% cost me?
-
Every member of STAR effectively owned a shareholding in the club until it allowed itself to be bullied into disbanding and selling its shares (many of which were donated) to raise funds in an earlier crisis. Of course the main purpose was to end any percieved (in actual fact non-existent) threat to the majority shareholders ownership. I bought 100 shares.
-
Alty social. Can u re send a link.
Or tell me exactly where to search for the shareholders list?
Im one of the 257 i think with 200 shares.
Would be good to see how accurate list is before i try to acquire 10% of the shareholding from
An old pal!
-
Every member of STAR effectively owned a shareholding in the club until it allowed itself to be bullied into disbanding and selling its shares (many of which were donated) to raise funds in an earlier crisis. Of course the main purpose was to end any percieved (in actual fact non-existent) threat to the majority shareholders ownership. I bought 100 shares.
I don't think STAR got any money for those shares. They were the subject of a motion at a Specual General Meeting to be "given back" to the Club, which was resolved by those members voting in person at that meeting, as I mentioned a couple if months ago on here. They were all acquired by donation to be held on behalf if all supporters of AFC.
-
Alty social. Can u re send a link.
Or tell me exactly where to search for the shareholders list?
Im one of the 257 i think with 200 shares.
Would be good to see how accurate list is before i try to acquire 10% of the shareholding from
An old pal!
https://beta.companieshouse.gov.uk/company/00176333/filing-history
Go to the latest filing history (17 Nov). For an old radio fan like yourself shareholding 247 should be of interest.
-
Interesting that. How do I go about buying shares? How much would 10% cost me?
Carole Nash has donated her shares for free to the club who sell them as an extra fundraiser. According to the Club's latest return her holding stands at 1,667 £1 ordinary voting shares and when I acquired mine in May via this route the club were asking £5 per share. I approached Grahame Rowley direct.
-
Interesting that. How do I go about buying shares? How much would 10% cost me?
11,500 shares in the club.
Recently the club was selling them as a fundraiser at £5.
£57,500 for 10% on my half cut maths.
-
Interesting that. How do I go about buying shares? How much would 10% cost me?
11,500 shares in the club.
Recently the club was selling them as a fundraiser at £5.
£57,500 for 10% on my half cut maths.
That makes the entire club worth just under £600k. About right?
-
Every member of STAR effectively owned a shareholding in the club until it allowed itself to be bullied into disbanding and selling its shares (many of which were donated) to raise funds in an earlier crisis. Of course the main purpose was to end any percieved (in actual fact non-existent) threat to the majority shareholders ownership. I bought 100 shares.
I don't think STAR got any money for those shares. They were the subject of a motion at a Specual General Meeting to be "given back" to the Club, which was resolved by those members voting in person at that meeting, as I mentioned a couple if months ago on here. They were all acquired by donation to be held on behalf if all supporters of AFC.
True. But the shares were sold with money going directly to the ckub.
-
Thanks Jth and alty social. Got it now.
What does john king having 117k non voting shares mean?
Is that to stop anyone owning more than 50% of shares.
Interesting to see the ex chairman who basically bullied supporters to donate shares back to club dishes out a few shares to his aussie cricket "friends".
-
Thanks Jth and alty social. Got it now.
What does john king having 117k non voting shares mean?
Is that to stop anyone owning more than 50% of shares.
Interesting to see the ex chairman who basically bullied supporters to donate shares back to club dishes out a few shares to his aussie cricket "friends".
If my memory serves me right, then £117K of debt to Maunders was converted to non voting shares. These shares presumably passed over to King.
The non voting shares are pretty useless day to day. They are essentially stock in the company.
-
Interesting that. How do I go about buying shares? How much would 10% cost me?
11,500 shares in the club.
Recently the club was selling them as a fundraiser at £5.
£57,500 for 10% on my half cut maths.
That makes the entire club worth just under £600k. About right?
Maybe, maybe not. I seem to recall that not all the shares that were on offer found new owners. On that basis you could argue the price was set too high.
On the other hand if someone thought they could get a controlling majority that would give them chair of the board they might be willing to pay more than £5.
Owning the club is one thing. Having the business accumen to run it and the money to bail it out when things don't go according to plan is something else.
Oldham Athletic have been for sale for a while. No takers as yet.
-
Thanks Jth and alty social. Got it now.
What does john king having 117k non voting shares mean?
Is that to stop anyone owning more than 50% of shares.
Interesting to see the ex chairman who basically bullied supporters to donate shares back to club dishes out a few shares to his aussie cricket "friends".
If my memory serves me right, then £117K of debt to Maunders was converted to non voting shares. These shares presumably passed over to King.
The non voting shares are pretty useless day to day. They are essentially stock in the company.
True...but in the event of the club being acquired by someone who intends to develop the stadium and screw us up, King gets a load of the economic benefit of that. It may be a poison pill that deters a future speculative buyer fro doing that. On the other hand, whilst King can not exercise an control, he (or the people who inherit his shares - I hope King has enough emotion invested in the club to not want to screw the fans) could do a deal with a potential acquirer.
Pure speculation of course.
-
The freehold of the ground is owned by Trafford Borough Council.
-
The freehold of the ground is owned by Trafford Borough Council.
Council's need money too. If a deal was put on the table, they may take it and take a cut. That said, had the council not owned the freehold, I am pretty sure Alty would have gone the way of NVFC and so many others by now.
-
Given that STAR (entry 44 on the register) was deregistered as a legal entity, it would appear that Her Majesty the Queen has 214 shares in the Club.
-
Given that STAR (entry 44 on the register) was deregistered as a legal entity, it would appear that Her Majesty the Queen has 214 shares in the Club.
Altrincham FC, the club so devoted to community matters it forced its owned fans to disband their supporters trust.
-
That's not news, this board and particularly the Chairman gave no respect for the views of supporters.
-
The freehold of the ground is owned by Trafford Borough Council.
Council's need money too. If a deal was put on the table, they may take it and take a cut. That said, had the council not owned the freehold, I am pretty sure Alty would have gone the way of NVFC and so many others by now.
Yes, I'm often amused by the way people think councils will turn down millions of pounds on the basis that there's a covenant that says there needs to be a football pitch /bowling green / allotment / play area / planted saplings on the site.
-
given that it is the shareholders who appoint the board and that two of the major shareholders are effectively the board.....cries of sack the board are rather optimistic!
I'm so glad this thread has appeared to demonstrate how difficult it is for new investment to come in.
So many shares held by people for past involvement who probably aren't aware we are bottom of the league...believe me they cling onto their ownership whilst claiming it is a millstone round the neck and allow the club to stagnate.
Ideally we need a band of 5 new shareholders to whom £100k investment each per season is pocket money....they'd have a great time owning a football club.
These people exist......it is the current major shareholders and board's duty to sell the fantastic history and potential at Altrincham FC to them and pass the baton on......or be guilty of holding our club at stagnation point for their own ego.
Ownership of Altrincham FC is a responsibility to the community...not a life time achievement trophy to sit in a bowdon safe forgotten
-
Ideally we need a band of 5 new shareholders to whom £100k investment each per season is pocket money....they'd have a great time owning a football club.
These people exist......it is the current major shareholders and board's duty to sell the fantastic history and potential at Altrincham FC to them and pass the baton on......or be guilty of holding our club at stagnation point for their own ego.
Well, £100k per annum is a big ask. I think 5 people investing £100k would probably make a massive difference, and there are many many more of these people than those who can afford £100k per annum. Many multi-millionaires have made their money selling a business or inherited. Either way, they have little certainty of future windfalls, and in these days of low interest rates and volatile markets, are generally more concerned with not losing wealth and managing their investment income. Committing to a medium/long term requirement to keep throwing money into your community in a fairly high profile football club. People will be very happy during the period when you put the money in, but if you hit hard times and have to stop, everybody will get to know about it and also the praise will quickly turn to abuse. Also, what the hell do most multi-millionaires know about running a football club? Its a dirty business, its easy to get ripped-off...a very high profile way to burn a lot of cash if you don't know what you are doing.
-
I'd suggest most multi millionaires can handle dirty business tbh
-
500k a season would more than match our supposed conference playing budget, according to the wage bracket of 250-500k the NLP had us in.
I've no idea how factually correct that would be. 500k is 12500£ a week for 40 weeks, which woulld be around £750 per week per player for a squad of 18 on top of what we bring in anyway.
-
Plenty of multi millionairres and billionairres locally to whom 100k a year is pocket money.
Ive seen more spent on a halloween party in hale.....these people also have connections in business to whom 25k here 30k there represents a sound investment....
We think small time because frankly the people at the top are small time...
-
500k a season would more than match our supposed conference playing budget, according to the wage bracket of 250-500k the NLP had us in.
I've no idea how factually correct that would be. 500k is 12500£ a week for 40 weeks, which woulld be around £750 per week per player for a squad of 18 on top of what we bring in anyway.
That budget would probably only be bettered by Fylde in this league and would probably be top 10 in the national
-
And those top ten in the national are all trying to get into, or back into the football league.
We need to decide what we are aiming for and budget accordingly.
-
And those top ten in the national are all trying to get into, or back into the football league.
We need to decide what we are aiming for and budget accordingly.
I think to be more precise, we need to decide what we are aiming for, and devise a business and investment plan that will allow us to budget accordingly for our targets. Even I know we can't just say we want to be in the football league and Magic up a budget for it
Incidentally, one of my concerns is that without such a plan we will squander (again??) any windfall. Where realistically could any further Duncan appearance related payment go? Or any sell on fee.
-
It's all a bit hand to mouth. I think the conference national is as good as we are likely to manage. Anything higher would require rebuilding three quarters of the ground as well as the team.