Club 1872 funding | Club 1872 purchase more shares

[Bill 13,717]

4 hours ago, Bluedell said:

Not necessarily as the club need a lot of cash to keep us going until we get the season ticket cash in.

 

Saying that, he has been on boards of directors with people from the Middle East who appear to have a lot of cash (Sheikh Al Qahtani, Abdulla Al Mansoori) and the former MD of Morgan Stanley, so who knows if it's part of a bigger picture.

I'm not saying we didn't need to sell shares, we certainly do, only that we didn't need to sell to Halstead specifically.

Edited April 20, 2021 by Bill

[Bluedell 5,624]

3 minutes ago, Bill said:

I'm not saying we didn't need to all shares, we certainly do, only that we didn't need to sell to Halstead specifically.

You could be right, but given we've had 4 share issues over the last month, all of which are for new cash rather than converting loans, it seems to suggest that we're not too picky as to who is giving us cash.

 

You'd certainly like to think that we are doing some due diligence on them given some of the people we've on our board over the past decade.

[ian1964 10,723]

 

[JohnMc 2,750]

Is "reputed to be extremely wealthy" meant to make us feel better or worse do you think? Reputed to support Rangers? Reputed to be interested in football? Reputed to have a love of Scotland? Nah, just extremely wealthy. No wonder the game is in the state it is.