O'Rourke Posted August 25, 2009 Report Share Posted August 25, 2009 I see comments relating to Saints' shares on other threads. Would there be much demand for a share issue? I'd love to own a piece of my club! MySpazz 1 Quote Link to comment Share on other sites More sharing options...
Mike180279 Posted August 25, 2009 Report Share Posted August 25, 2009 I would have loved to in 80s be worth considerably more one suspects. I would have a spare grand floating around somewhere for a piece Quote Link to comment Share on other sites More sharing options...
Kilgour Posted August 25, 2009 Report Share Posted August 25, 2009 Would love a chance myself. No money at all when last I heard of shares being available. Quote Link to comment Share on other sites More sharing options...
Teamwork Posted August 25, 2009 Report Share Posted August 25, 2009 i,d certainly take up any shares issue Quote Link to comment Share on other sites More sharing options...
PERTHPOWER Posted August 25, 2009 Report Share Posted August 25, 2009 As would I Quote Link to comment Share on other sites More sharing options...
malcolm Posted August 25, 2009 Report Share Posted August 25, 2009 me too - wouldn't expect to make any money but it would be nice to own a little bit of the club Quote Link to comment Share on other sites More sharing options...
O'Rourke Posted August 25, 2009 Author Report Share Posted August 25, 2009 I don't think it's a case of making financial sense but just having that share certificate on your wall. Mr Brown has said he'd sell our club to the "right buyer". Why not "sell" it to its supporters? Just a thought, but something maybe worth a thought to raise money for Saints? Quote Link to comment Share on other sites More sharing options...
SlickDT Posted August 25, 2009 Report Share Posted August 25, 2009 I think it would be a good idea for the club to issue a few new shares in the club. I'm sure many fans would love to own a little bit of their club! Quote Link to comment Share on other sites More sharing options...
Dev Posted August 25, 2009 Report Share Posted August 25, 2009 I'm fairly clueless when it comes to these sorts of things, but are there not drawbacks to having lots of different shareholders in a limited company? They'd have to invite us all to the AGM for a start. Quote Link to comment Share on other sites More sharing options...
Kyle Posted August 25, 2009 Report Share Posted August 25, 2009 And it would dilute the power of the board significantly as we would all have the right to vote onstrategic matters going forward. Would be nice if we could though, I'd certainly buy shares and the positives would by far outweigh the negatives. Quote Link to comment Share on other sites More sharing options...
Chansey Posted August 25, 2009 Report Share Posted August 25, 2009 I'd rather Geoff continued running the club rather than you muppets! Oldmuirton 1 Quote Link to comment Share on other sites More sharing options...
Scott1884 Posted August 25, 2009 Report Share Posted August 25, 2009 GB has the vast majority of the shares so owning shares wouldgive you no influence on how the club is run. Also no share dividend has ever been paid out so there's no financial gains to be made However as everyone's said it's nice just to own a share in your club (on paper at least). Quote Link to comment Share on other sites More sharing options...
ancientsaint Posted August 25, 2009 Report Share Posted August 25, 2009 You do own part of your club when you buy that Season ticket.......plus you get a plastic chair to sit on and watch the modern day heroes.......you also own a bit when you pay at the gate . Quote Link to comment Share on other sites More sharing options...
O'Rourke Posted August 25, 2009 Author Report Share Posted August 25, 2009 GB has the vast majority of the shares so owning shares wouldgive you no influence on how the club is run. Also no share dividend has ever been paid out so there's no financial gains to be made However as everyone's said it's nice just to own a share in your club (on paper at least). Exactly. I wouldn't want in any way to dilute Geoff Brown's power but I reckon there's potentially a cool million to be made for the club. Quote Link to comment Share on other sites More sharing options...
Chansey Posted August 25, 2009 Report Share Posted August 25, 2009 So the only benefit of this for buyers would be that they can say they own a piece of the club? So how much would these shares cost? Quote Link to comment Share on other sites More sharing options...
O'Rourke Posted August 25, 2009 Author Report Share Posted August 25, 2009 How many fans have we got who would want to own a bit of their club? Quote Link to comment Share on other sites More sharing options...
Remberbuck Posted August 25, 2009 Report Share Posted August 25, 2009 I'm fairly clueless when it comes to these sorts of things, but are there not drawbacks to having lots of different shareholders in a limited company? They'd have to invite us all to the AGM for a start. In real terms not really - Celtic, Rangers, Hearts , Hibs, and even Forfar have a whole host of people owning very small holdings, usually because they had them in the family for a long time, or their pal the director allowed them to get a couple. I think I am right that Prestonpans HMFC supporters are still the second largest shareholders in the club. OK, the admin costs go up a bit, but in reality all it means is that you print 100 copies of the annual accounts rather than 20, and you have to sent out some more correspondence, but IT takes care of that, and it is much less than it was. Looking forward to the AGM invite? Quote Link to comment Share on other sites More sharing options...
O'Rourke Posted August 25, 2009 Author Report Share Posted August 25, 2009 In real terms not really - Celtic, Rangers, Hearts , Hibs, and even Forfar have a whole host of people owning very small holdings, usually because they had them in the family for a long time, or their pal the director allowed them to get a couple. I think I am right that Prestonpans HMFC supporters are still the second largest shareholders in the club. OK, the admin costs go up a bit, but in reality all it means is that you print 100 copies of the annual accounts rather than 20, and you have to sent out some more correspondence, but IT takes care of that, and it is much less than it was. Looking forward to the AGM invite? Do you think this has potential? Quote Link to comment Share on other sites More sharing options...
Remberbuck Posted August 25, 2009 Report Share Posted August 25, 2009 Do you think this has potential? Free pies and beer at the AGM - absolutely! Serious answer? Investing money in a football club through shares will increase the capital that it has to spend, and on which it can provide collateral for sustaining loans. This is, properly handled, a good thing - Celtic after Fergus McCann is the perfect example in Scottish football. I struggle to think of an English example. The question for Saints would be whether this would raise enough money: To be worthwhile for the club.To make a difference Bearing in mind that the current shareholders are not going to issue enough to lose control, and quite rightly, I think the first answer is a definite "Yes". Allowing supporters a way to feel a tangible part of their club, and give them a statutory way of expressing their views on the running of the club can never be wrong. The second is more difficult. We, at the moment, do not have any huge anticipated expenditure. The stadium is built. There is no suggestion that Murray Park Perth is developed. I have not done the exact figures, but say that 500 are prepared to invest £1,000 each in shares, would that be enough to change the medium to long term future of the club, as defined as playing in the SPL more years than not? Maybes "Aye", maybes "No", but league reconstruction to allow easier escape from the second tier might be the better answer to that. So, "Yes", it has potential, and is the way that clubs that come from the history that we do should be moving, but don't expect it to frank a top 6 finish every year. Quote Link to comment Share on other sites More sharing options...
O'Rourke Posted August 25, 2009 Author Report Share Posted August 25, 2009 Cheers Quote Link to comment Share on other sites More sharing options...
O'Rourke Posted January 13, 2010 Author Report Share Posted January 13, 2010 Would this help our revenue at the moment? Quote Link to comment Share on other sites More sharing options...
101 Saint Posted January 14, 2010 Report Share Posted January 14, 2010 Would this help our revenue at the moment? No. I am dead against the principle of a share issue and we have plenty money in the bank at the present time. Even if cashflow is tight, a share issue would take months to complete. Quote Link to comment Share on other sites More sharing options...
slf Posted January 14, 2010 Report Share Posted January 14, 2010 I'd rather Geoff continued running the club rather than you muppets! me too Quote Link to comment Share on other sites More sharing options...
Dilated Pupil Posted January 14, 2010 Report Share Posted January 14, 2010 What is the current share split? I can't recall how many as a % were offered up last time to the public. I don't think it would be a good idea at present- comments of raising 1m seem a bit far-fetched, unless Geoff sold a serious amount of shares. In future, there may be more than one investor, so to dilute the ownership too much would be a bit of a hurdle for potential investors and trying to buy back shares from supporters wouldn't happen. Keep it as it is. Saints could maybe look at a small sell-off of say 5%, or create another investment vehicle so that supporters could own 'something', but I dare say that they'd have to put a premium on it to make it worthwhile, and in reality, would they get the numbers to make it worthwhile? I doubt it. Quote Link to comment Share on other sites More sharing options...
Mike180279 Posted January 14, 2010 Report Share Posted January 14, 2010 Sell us some bricks or something. I would take a 'piece' of that! Quote Link to comment Share on other sites More sharing options...
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