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Jimenez's Share increase (change to CAFC Holdings)
Comments
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Brunello/Suzi,
Not quite sure why the vitriol or the references to ITK come from but it sounds more and more shooting the messenger.
I had actually said that todays news could be good news and in the short term I certainly think it is for what that is worth.
But at the same time the news could also be bad news or, as I said, a legitamate cause for concern.
That's concern, not panic, not wrist slitting but concern. If nothing else I'm concerned about how the club chooses to communicate changes at the top but that is by the by.
But when people say I don't know anything more than anyone else on here they are dead right. I summarised what others were saying as others were asking for a summary of what was being said over 100 of posts so I did that. Further evidence has come into the public domain that points towards the information given by the famous five being at least partially correct. IMHO
So not ITK, not panicing and not scaremongering either. I am a fan hoping for the best but aware that things could be far from that.0 -
They could, but they obviously don't want to make a story out of this. From the moment they took over the actual ownership has been cloudy, they aren't suddenly going to come out and clarify on these transactions.
That being said there are people involved with the club, with the clubs best interests at heart, who are aware of the identity of the minority shareholders.
The incessant speculation is not good for anyone. As soon as there are matches and people actually have something to talk about that will take over.
I think a very important thing is to remember where we would have been without the current ownership getting involved. We would have had a LOT more to be worried about had that been the case.
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But they told us in a short statement about Alex Newell leaving why not say shares gone to Jimenez?.0
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But what the hell is a 'vanilla' statement?
Roy, it's a statement or message that under closer examination doesn't actually give or tell you anything.
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But they told us in a short statement about Alex Newell leaving why not say shares gone to Jimenez?.
What difference would that make? They haven't done so, and they obvioulsy haven't done so for reasons that only they are privvy too. I'm sure that once the Spanish tour is over we will get a bit more info, but at the same time we cannot expect to be let in on all the goings on at the top of our club. We are owned by businessmen, and as owners how they choose to communicate is their perogative.0 -
Just a thought
That is actually technically possible. As far as I know, the British Virgin Islands still allow shares in a company to be held in bearer form. (For those of you that don't know, ownership is entirely anonymous - whoever has the share certificates in their hot little mitt actually owns them). Okay the certificates have to be lodged with a custodian now but that doesn't make much difference.
could the under 10% ers still all be front individuals funded from just the one individual/group, but split up simply to avoid announcing the fact?
And any such person, would probably have to be quite careful not to become someone who was effectively a "shadow director" of a UK-based company in the event that the there was a adverse issue like the UK company going to the wall.
I can't be bothered to look it up but I suspect that the requirements of the Football League Regs mirror those of the Companies Act 2006.0 -
Just a thought
could the under 10% ers still all be front individuals funded from just the one individual/group, but split up simply to avoid announcing the fact?
Yes0 -
I'm sure Leeds Utd also have a very mysterious set up quite similar too ours0
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Yeh I know, thanks sweetheart! xBut what the hell is a 'vanilla' statement?
Roy, it's a statement or message that under closer examination doesn't actually give or tell you anything.0 -
When Jiminez was first appoimted to the Board, a friend and staunch Newcastle supporter told me we "were doomed"; much the same as I advised him when Pardew was appointed their manager - which might prove we can both be wrong!0
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i think that notts county did as well0
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Brunello/Suzi,
What I mean is, just because you believe those who have put the news out there, doesn't mean everyone else should. Other people on here are allowed to believe or not believe what has been said. You said you couldn't believe that despite the rumours being on here for 3 weeks people are still not believing there is an element of truth. well, it's true - there are people that don't believe the hysteria that was created a few weeks ago that came out of some people stating we were in 'big trouble'. Everyone on this website is concerned about the club and how it is run and how successful it is, because if they weren't, they would spend all day on a website reading and commenting about the club. Your summaries were very helpful with regards to the info that was being put out there, but I was just very aware that others were seeing the opinions and rumours as 'facts' because of the weight behind them and also the frequency the same thing was appearing. I wasn't trying to dig you out, I was just pointing out that it isn't so unbelievable that people still don't want to believe the club is still in as much trouble as it was being made out.
Not quite sure why the vitriol or the references to ITK come from but it sounds more and more shooting the messenger.
I had actually said that todays news could be good news and in the short term I certainly think it is for what that is worth.
But at the same time the news could also be bad news or, as I said, a legitamate cause for concern.
That's concern, not panic, not wrist slitting but concern. If nothing else I'm concerned about how the club chooses to communicate changes at the top but that is by the by.
But when people say I don't know anything more than anyone else on here they are dead right. I summarised what others were saying as others were asking for a summary of what was being said over 100 of posts so I did that. Further evidence has come into the public domain that points towards the information given by the famous five being at least partially correct. IMHO
So not ITK, not panicing and not scaremongering either. I am a fan hoping for the best but aware that things could be far from that.0 -
Yeah sure you did...
Yeh I know, thanks sweetheart! xBut what the hell is a 'vanilla' statement?
Roy, it's a statement or message that under closer examination doesn't actually give or tell you anything.
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So if I am correct, TJ has the major shares, he was called the bad guy in last weeks boardroom bust up. He brokered the collapsed deal with Zabeel a couple of seasons ago. Rumours abound that he wants to resurrect the deal, PV leave and Newell follows, I assuming because TJ wants to sell to Zabeel, so TJ buys most shares and can now complete the sale to Zabeel? Or is the tree I am barking up in the wrong woods.
I have a hunch you are right.0 -
http://www.footballeconomy.com/content/jiminez-strengthens-grip-charlton
It's out there now.
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That is Wyn Grant the Charlton fan's site I think
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HANG ON...
Now Slater's share is back up to 23%, so he has brought into the 10% other shareholders.
Surely this is just as we suspected a while ago, Cash has pulled out and Slater + Jimenez are just buying his shares?0 -
Slaters was a typo apparantely and has been corrected.0
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Mr Slater staying at 23% indicates no new rights issue... simply that two x 9.8% "sold" to TJ because of either a row and/or no appetite for a cash call
Because they are less than 10% we don't know who holds the remaining 3 x 9.8%
some things are certain to me:
at some point some or all will sell on though perhaps before we get back to the Prem?
CAFC will make it to kick off
no fire sale just yet
the club is still only worth buttons until it is promoted back to the Prem0 -
So, is there any "middle-Eastern" people involved ?0
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Is it not possible to run at a profit in the Championship?
In April it was reported that Championship clubs have voted to join the other two leagues in adopting some form of financial straitjacket - in this case, by adopting their own Financial Fair Play rules based on Uefa's regulations in this area.
The changes are intended to prevent clubs sliding further into debt and will also prevent owners from funding their clubs through loans.
The new regulations will begin to lay the foundations for a league of financially self-sustaining football clubs," says Football League chairman Greg Clarke.
The regulations will be brought in from next season, 2012-13, but sanctions in the form of fines and transfer embargoes - for clubs which do not comply - will not be implemented until the 2014-15 season.
"The Football League rules are to ensure a club, in the medium to long term, has to break even," says Daniel Geey, a sports lawyer at Field Fisher Waterhouse and expert on Financial Fair Play regulations.
"The overall aim for the Football League is for its Championship clubs not to spend more than they earn and ultimately be self-sustainable."0 -
So, is there any "middle-Eastern" people involved ?
Could be the Spanish consortium that TJ was supposed to have brokered deals for in buying for the San Roque de Lepe golf club. Who knows what goes on? About the only country I haven't found links with is China. But I'm working on it.....................................
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Aaaaaaaaaaaaggggggggggghhhhhhhhhh !0
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So, is there any "middle-Eastern" people involved ?
I personally believe there is and that is purely based upon what an accaintance of TJ told me back in April.0 -
I just think its very important that the ownership is clear and not cloudy like it is0
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What NLA said.0
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I personally believe there is and that is purely based upon what an accaintance of TJ told me back in April
So he talks?.
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I just think its very important that the ownership is clear and not cloudy like it is
Spot on.
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Mime.0 -
I'm not 'in the know' and have no insight to offer, only my (probably suspect) instinct. But I've met TJ and like and respect him. He didn't get where he is without cutting a few dodgy deals, I've no doubt. But in my humble opinion and (limited) acquaintance of him he's not Bob Diamond, Rupert Murdoch or Atilla the Hun. He's a proper football guy and whatever club he's involved with, he''ll do the best he can for them.
So I trust him to do whatever is right for CAFC, as I have since he first got involved. I know for a fact that he wants Charlton back in the premiership as much as any of us. Perhaps he has ulterior motives for that. It would be surprising if he didn't. But he certainly doesn't want 'the man who screwed Charlton' on his CV and therefore I'd judge his enhanced holding to be a positive development.0
