Bluedell 5,366 Posted December 10, 2012 Share Posted December 10, 2012 The IPO said there are no loans from investors. But there needs to be loans from the holding commpany to the club. 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted December 10, 2012 Share Posted December 10, 2012 yes it is always a bad thing. anything which leeches money out is bad for the club. it doesnt have to be terminal or even dangerous but its not good no matter how you try to justify it. Wee Fergus took plenty out of Celtic. 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted December 10, 2012 Share Posted December 10, 2012 But there needs to be loans from the holding commpany to the club. Sounds like splitting hairs a bit, it all comes down to being in the black no? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted December 10, 2012 Share Posted December 10, 2012 Wee Fergus took plenty out of Celtic. yes he did and we should be thankful for that. they would probably be 20 million better of than they are right now if not for the dividend he set up. perhaps more. 0 Quote Link to post Share on other sites More sharing options...
simplythebest 0 Posted December 10, 2012 Share Posted December 10, 2012 yes he did and we should be thankful for that. they would probably be 20 million better of than they are right now if not for the dividend he set up. perhaps more. Yet they're in the CL last 16 and we're in the third division. 0 Quote Link to post Share on other sites More sharing options...
Darthter 542 Posted December 10, 2012 Share Posted December 10, 2012 if we make a 100 million profit and pay a 2 million dividend thats 98 million to spend which is great and 2 million gone which is bad no matter what. what if that £2m payout, results in a further £5m of investment??? 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,366 Posted December 10, 2012 Share Posted December 10, 2012 Or maybe dividends will be a reward to come after a profit is made with the club progressing? Does it have to be a bad thing? We're a football club in Scotland. We aren't going to be routinely making profits. OK, Celtic are having a good CL run this season but that's unexpected and it's unlikely that either of us will do anything similar in the near future. The main way for us to make profits is to scrimp on the footballing side, which is not what most of us want. I'd hope that investors would want to see their return through the growth in the share price and not dividends. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted December 10, 2012 Share Posted December 10, 2012 what if that £2m payout, results in a further £5m of investment??? which results in the next payment being 2.5 million. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted December 10, 2012 Share Posted December 10, 2012 Yet they're in the CL last 16 and we're in the third division. we won 3 in a row and went to manchester while the scrimped and paid dividends. we can be healthy while paying a dividend but its a fact that we would be healthier if we didnt pay it. no matter how health we are. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,366 Posted December 10, 2012 Share Posted December 10, 2012 Sounds like splitting hairs a bit, it all comes down to being in the black no? £15m loan at, say, 7% is £1m pa. Having £1m of additional costs is not splitting hairs. Plus we can be loss making but still be charged the interest, which can then be passed onto the shareholders. The loss is in the club but the holding company can be in a position to receive the income and dividend it to the investors without having to worry about the financial performance of the club. A guaranteed income. I can't say for sure that this is how it will work but everything seems to be pointing in that direction. 0 Quote Link to post Share on other sites More sharing options...
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