Frankie 8,572 Posted March 7, 2014 Author Share Posted March 7, 2014 A lot of the people who signed won't have a season ticket. I'd imagine the bulk will be season ticket holders but there will be a fair portion of those who are not. For this stick to become a really useful weapon, the numbers need to be closer to 20,000. Until that happens, I'd say King's hand isn't very strong. Unless of course, he can get more institutions on board than McCollco did. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,572 Posted March 7, 2014 Author Share Posted March 7, 2014 I don't think they could afford a 15 percent drop. But we certainly need much more to put them under any real pressure. If we get enough books in trust you can be sure the club will activate smart cards one game at a time as the money is released. A 15% cut in income would hurt any business but if these people are all about the assets then they'll welcome any reduction as to offer another secured loan. This is where it gets difficult for King. How much is he hurting in the club while actually helping the so-called spivs? 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted March 7, 2014 Share Posted March 7, 2014 A lot of the people who signed won't have a season ticket. True. I don't for example but I will if this goes well. Hope it does. So that's another thing that needs clarified. How do I go about this. Do I apply to the club then put my money into trust or will the trust do it for me. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted March 7, 2014 Share Posted March 7, 2014 A 15% cut in income would hurt any business but if these people are all about the assets then they'll welcome any reduction as to offer another secured loan. This is where it gets difficult for King. How much is he hurting in the club while actually helping the so-called spivs? If the spivs wasn't loans and assets king won't help them. They will get them regardless. At worst he will make a convenient excuse. He may however stop them. Though if they are really determined no one will. 0 Quote Link to post Share on other sites More sharing options...
Frankie 8,572 Posted March 7, 2014 Author Share Posted March 7, 2014 I can't see the club being willing to accommodate this - unless the extra administration costs are met by King. These won't be cheap. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted March 7, 2014 Share Posted March 7, 2014 I'd imagine the bulk will be season ticket holders but there will be a fair portion of those who are not. For this stick to become a really useful weapon, the numbers need to be closer to 20,000. Until that happens, I'd say King's hand isn't very strong. Unless of course, he can get more institutions on board than McCollco did. 10k adults in trust would be about 3.5 million. Very significant. At 20 it would be all over for the spivs. But it's probably doable with less. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted March 7, 2014 Share Posted March 7, 2014 I can't see the club being willing to accommodate this - unless the extra administration costs are met by King. These won't be cheap. King will have to do that for sure. 0 Quote Link to post Share on other sites More sharing options...
Bluedell 5,627 Posted March 7, 2014 Share Posted March 7, 2014 So that's another thing that needs clarified. How do I go about this. Do I apply to the club then put my money into trust or will the trust do it for me. You apply to the club and you don't give them one of their approved methods of payment then your application goes in the bin. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted March 7, 2014 Share Posted March 7, 2014 You apply to the club and you don't give them one of their approved methods of payment then your application goes in the bin. Maybe. But will they really throw 5k in the bin. Or 10 or 20. Anyway I will put my money in the trust and then we can send a note saying. Look what you could have won. 0 Quote Link to post Share on other sites More sharing options...
bluebear54 0 Posted March 7, 2014 Share Posted March 7, 2014 If - and I say if - season ticket sales were to drop anyway next season (say by 5k) and we factor in the 5k already pledged, that's significant. 0 Quote Link to post Share on other sites More sharing options...
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