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Post by MaxG82 on Jan 2, 2023 20:15:40 GMT
My family and I are willing to buy the major shares of the club and invest in January, in the hopes of the investment aiding future successes within the club.
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Post by bucky on Jan 2, 2023 20:22:18 GMT
The last place you’ll find the major shareholder is on this message board.
Good luck!
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Post by Roy of the Rovers on Jan 2, 2023 20:23:15 GMT
If this was to happen I can only think this would be a good thing, hopefully a longer term goal would be fan ownership or at least a better distribution of shares amongst us ordinary fans. (This is assuming the family in question is the one I believe it is. As admin on this board I can see the email address associated with this posting which leads me in this direction).
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Post by Roy of the Rovers on Jan 2, 2023 20:24:19 GMT
The last place you’ll find the major shareholder is on this message board. Good luck! Not so sure about that, participating no but lurking? |
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Post by stewmelrover on Jan 2, 2023 20:26:43 GMT
Good luck with that. [Seriously] I wish you well with your attempts to invest.
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Post by bucky on Jan 2, 2023 20:38:50 GMT
If this was to happen I can only think this would be a good thing, hopefully a longer term goal would be fan ownership or at least a better distribution of shares amongst us ordinary fans. (This is assuming the family in question is the one I believe it is. As admin on this board I can see the email address associated with this posting which leads me in this direction). Is it Max Fosh by chance is it? |
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Post by Roy of the Rovers on Jan 2, 2023 20:45:16 GMT
Nah, and eccentric Youtubers aren't necessarily a good person to take an interest.
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Post by mildrover on Jan 3, 2023 9:40:08 GMT
Our club needs a steady income to survive but significant investment to thrive and develop.
A serious proposal has been made here but like all such proposals can be blocked by the largest shareholder. For the club to move forward he requires to invest himself or sell his shareholding to someone who is able and willing to invest in the future of the club.
Ronnie
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Post by sam on Jan 3, 2023 11:18:44 GMT
What’s the reasoning for holding onto the shares? Anton was just a lad when his dad was in control and as far as I remember wasn’t much of a Rovers supporter.
Yes his dad and uncles, despite what some folk might think, were a big part of the club back then but surely it just can’t be fond memories of them that’s making him hold on to the shares. If he is fond of the club then he must realise it’s going to take some investment to help them out
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Post by Deleted on Jan 3, 2023 13:39:18 GMT
What’s the reasoning for holding onto the shares? Anton was just a lad when his dad was in control and as far as I remember wasn’t much of a Rovers supporter. Yes his dad and uncles, despite what some folk might think, were a big part of the club back then but surely it just can’t be fond memories of them that’s making him hold on to the shares. If he is fond of the club then he must realise it’s going to take some investment to help them out My guess would be if the club ever went bankrupt and Cliftonhill land was sold he would get the majority of the money which would be very profitable due to the location. The best person to get in touch with is one of the directors or the chairman himself . Unfortunately anton speaks very little and I do believe if he sold his shares the club could progress more quickly.The dead shares was brought up in the last agm although no update has been provided of that as of yet |
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Post by welshrover on Jan 3, 2023 23:30:39 GMT
Call me a cynic but if you were going to purchase a football club wouldn't you get your legal team to approach the current owners, not post on an (unofficial) fans message board.
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Post by rab on Jan 3, 2023 23:42:55 GMT
For the club to move forward he [the largest shareholder] requires to invest himself or sell his shareholding to someone who is able and willing to invest in the future of the club. Well put Ronnie - this is the problem in a nutshell. Here’s a brief summary of the shares situation: Total shares in the club: 53,500 Of which 22,200 are ‘dead’ shares (owners died 50+ years ago and their descendants can’t be traced). Leaving 21,300 shares where the owners are known and listed. Biggest shareholders: 1 - Anton FAGAN 6,700 Although he is the biggest single shareholder, he could be outvoted if any 5 of the next 7 biggest shareholders voted together. The others with more than 1,000 shares are: 2 - Andrew BEATTIE 2,061 3 - Joan GOODWIN 1,480 4 - Graeme FORRESTER. 1,478 5 -Jack McGOOGAN 1,478 6 - Fiona MARWICK 1,477 7- David SHANKS 1,252 8 - Robert WATT 1,123 Total of 2nd to 8th biggest shareholders: 10,349 shares. Some of the numbers may have changed slightly since I last tallied up these figures, but they won’t be far off. Scenario 1: Largest shareholder agrees to MaxG82’s offer, in which case the club gets a massive boost of new, interested shareholder involvement, and new financial investment. 90%+ of individual shareholders and supporters would be delighted with this. Sadly, it’s an unlikely scenario. Scenario 2: Investor buys out any 5 of the top 8 shareholders and, effectively, becomes the controlling shareholder (or alternatively, buys out some of them and gets the others onside). Not as simple, or quick, as buying out the no.1 shareholder, but entirely possible. There is a scenario 3, where current shareholders could vote to have a new share, or rights issue - this would need 5 of the 8 biggest shareholders to vote in favour (assuming Anton votes against). The new investor would be able to buy any shares not taken up by existing shareholders, who have first refusal, and possibly become the largest shareholder. It really is up to the Board of Directors to try to facilitate something. A couple of them do seem interested, but the Board as a whole seems very reluctant to get involved in anything to do with shares. Yet it is their duty to act in the best interests of the club. They could do this by actively taking forward MaxG82’s offer (or promoting either of the other scenarios above) as in the club’s best interests. |
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Post by rovers16arfc on Jan 4, 2023 0:21:59 GMT
For the club to move forward he [the largest shareholder] requires to invest himself or sell his shareholding to someone who is able and willing to invest in the future of the club. Well put Ronnie - this is the problem in a nutshell. Here’s a brief summary of the shares situation: Total shares in the club: 53,500 Of which 22,200 are ‘dead’ shares (owners died 50+ years ago and their descendants can’t be traced). Leaving 21,300 shares where the owners are known and listed. Biggest shareholders: 1 - Anton FAGAN 6,700 Although he is the biggest single shareholder, he could be outvoted if any 5 of the next 7 biggest shareholders voted together. The others with more than 1,000 shares are: 2 - Andrew BEATTIE 2,061 3 - Joan GOODWIN 1,480 4 - Graeme FORRESTER. 1,478 5 -Jack McGOOGAN 1,478 6 - Fiona MARWICK 1,477 7- David SHANKS 1,252 8 - Robert WATT 1,123 Total of 2nd to 8th biggest shareholders: 10,349 shares. Some of the numbers may have changed slightly since I last tallied up these figures, but they won’t be far off. Scenario 1: Largest shareholder agrees to MaxG82’s offer, in which case the club gets a massive boost of new, interested shareholder involvement, and new financial investment. 90%+ of individual shareholders and supporters would be delighted with this. Sadly, it’s an unlikely scenario. Scenario 2: Investor buys out any 5 of the top 8 shareholders and, effectively, becomes the controlling shareholder (or alternatively, buys out some of them and gets the others onside). Not as simple, or quick, as buying out the no.1 shareholder, but entirely possible. There is a scenario 3, where current shareholders could vote to have a new share, or rights issue - this would need 5 of the 8 biggest shareholders to vote in favour (assuming Anton votes against). The new investor would be able to buy any shares not taken up by existing shareholders, who have first refusal, and possibly become the largest shareholder. It really is up to the Board of Directors to try to facilitate something. A couple of them do seem interested, but the Board as a whole seems very reluctant to get involved in anything to do with shares. Yet it is their duty to act in the best interests of the club. They could do this by actively taking forward MaxG82’s offer (or promoting either of the other scenarios above) as in the club’s best interests. Do you think this is genuine interest and concrete and not someone taking the P*** , I really do hope it's genuine it would be fantastic for any sort of investment, once I get that big lottery win I'll plow millions into the club too 😁😁 p.s not sarcasm lol . |
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Post by mildrover on Jan 4, 2023 7:03:31 GMT
Well put Ronnie - this is the problem in a nutshell. Here’s a brief summary of the shares situation: Total shares in the club: 53,500 Of which 22,200 are ‘dead’ shares (owners died 50+ years ago and their descendants can’t be traced). Leaving 21,300 shares where the owners are known and listed. Biggest shareholders: 1 - Anton FAGAN 6,700 Although he is the biggest single shareholder, he could be outvoted if any 5 of the next 7 biggest shareholders voted together. The others with more than 1,000 shares are: 2 - Andrew BEATTIE 2,061 3 - Joan GOODWIN 1,480 4 - Graeme FORRESTER. 1,478 5 -Jack McGOOGAN 1,478 6 - Fiona MARWICK 1,477 7- David SHANKS 1,252 8 - Robert WATT 1,123 Total of 2nd to 8th biggest shareholders: 10,349 shares. Some of the numbers may have changed slightly since I last tallied up these figures, but they won’t be far off. Scenario 1: Largest shareholder agrees to MaxG82’s offer, in which case the club gets a massive boost of new, interested shareholder involvement, and new financial investment. 90%+ of individual shareholders and supporters would be delighted with this. Sadly, it’s an unlikely scenario. Scenario 2: Investor buys out any 5 of the top 8 shareholders and, effectively, becomes the controlling shareholder (or alternatively, buys out some of them and gets the others onside). Not as simple, or quick, as buying out the no.1 shareholder, but entirely possible. There is a scenario 3, where current shareholders could vote to have a new share, or rights issue - this would need 5 of the 8 biggest shareholders to vote in favour (assuming Anton votes against). The new investor would be able to buy any shares not taken up by existing shareholders, who have first refusal, and possibly become the largest shareholder. It really is up to the Board of Directors to try to facilitate something. A couple of them do seem interested, but the Board as a whole seems very reluctant to get involved in anything to do with shares. Yet it is their duty to act in the best interests of the club. They could do this by actively taking forward MaxG82’s offer (or promoting either of the other scenarios above) as in the club’s best interests. Do you think this is genuine interest and concrete and not someone taking the P*** , I really do hope it's genuine it would be fantastic for any sort of investment, once I get that big lottery win I'll plow millions into the club too 😁😁 p.s not sarcasm lol . Firstly, welcome to the Rovers message board Rovers16Arfc. Secondly, the offer of investment is genuine. Lastly, the new Community Development Officer you mention in one of your many posts is employed by the Community Trust not the club. Ronnie |
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Post by rovers16arfc on Jan 4, 2023 7:50:09 GMT
Do you think this is genuine interest and concrete and not someone taking the P*** , I really do hope it's genuine it would be fantastic for any sort of investment, once I get that big lottery win I'll plow millions into the club too 😁😁 p.s not sarcasm lol . Firstly, welcome to the Rovers message board Rovers16Arfc. Secondly, the offer of investment is genuine. Lastly, the new Community Development Officer you mention in one of your many posts is employed by the Community Trust not the club. Ronnie That great that its genuine and what's the CDO got to do with being employed by community trust and not the club in many of my posts I don't understand what your point is. |
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