[spireitenag]

So having listened carefully to Karen Johnson from the Chesterfield Post interviewing Ashley Carson it would appear the purchase price of CFC is actually £15,100,000.

1. Dave Allen wants £6,000,000 for the shareholding held by himself and his daughter Sue Roberts,although he only actually paid £4,000,000 for them.

2. It his now stated his personal loans to the club stand at £5,400,000.

3. Apparently the mortgage on the ground through A & S Leisure is not included in the above and is a further £2,000,000.

4. The directors who left the board earlier this year are still owed £1,700,000.

5. Mike Warner,John Croot and Ashley Carson also have loans and shares in the club which are not part of the above figures.

The reality therefore is that anyone wishing to buy the club is going to have to bring funds of somewhere approaching £20,000,000 to the negotiating table to be able to run the club as well.

Absolutely gobsmacking !

Basically it isn't going to happen.

[Mr Mercury]

spireitenag, on 21 April 2017 - 07:51 PM, said:

So having listened carefully to Karen Johnson from the Chesterfield Post interviewing Ashley Carson it would appear the purchase price of CFC is actually £15,100,000.

1. Dave Allen wants £6,000,000 for the shareholding held by himself and his daughter Sue Roberts,although he only actually paid £4,000,000 for them.

2. It his now stated his personal loans to the club stand at £5,400,000.

3. Apparently the mortgage on the ground through A & S Leisure is not included in the above and is a further £2,000,000.

4. The directors who left the board earlier this year are still owed £1,700,000.

5. Mike Warner,John Croot and Ashley Carson also have loans and shares in the club which are not part of the above figures.

The reality therefore is that anyone wishing to buy the club is going to have to bring funds of somewhere approaching £20,000,000 to the negotiating table to be able to run the club as well.

Absolutely gobsmacking !

Basically it isn't going to happen.

And people still think it's being badly run?

[Guest_freelander2_*]

spireitenag, on 21 April 2017 - 07:51 PM, said:

So having listened carefully to Karen Johnson from the Chesterfield Post interviewing Ashley Carson it would appear the purchase price of CFC is actually £15,100,000.

1. Dave Allen wants £6,000,000 for the shareholding held by himself and his daughter Sue Roberts,although he only actually paid £4,000,000 for them.

2. It his now stated his personal loans to the club stand at £5,400,000.

3. Apparently the mortgage on the ground through A & S Leisure is not included in the above and is a further £2,000,000.

4. The directors who left the board earlier this year are still owed £1,700,000.

5. Mike Warner,John Croot and Ashley Carson also have loans and shares in the club which are not part of the above figures.

The reality therefore is that anyone wishing to buy the club is going to have to bring funds of somewhere approaching £20,000,000 to the negotiating table to be able to run the club as well.

Absolutely gobsmacking !

Basically it isn't going to happen.

It doesn't generate a profit, it's now heavily saddled with debt and he's having to prop the business up every month for a poxy 5% return!

It's not obvious, but why does he consider it such a valuable asset?

[spireitenag]

freelander2, on 21 April 2017 - 08:06 PM, said:

It doesn't generate a profit, it's now heavily saddled with debt and he's having to prop the business up every month for a poxy 5% return!

It's not obvious, but why does he consider it such a valuable asset?

Self centred arrogance and greed ?

[Exharboroughspireite]

This time next year Rodney we will be.........

[peakblue]

Exharboroughspireite, on 21 April 2017 - 08:21 PM, said:

This time next year Rodney we will be.........

In the national league?

[Misnomer]

Like I said: don't go, let it fold, start again ...

[Tylerdurdencfc]

Exharboroughspireite, on 21 April 2017 - 08:21 PM, said:

This time next year Rodney we will be.........

Out of business.

[Zytok]

Two more non renewals here from me and my dad who have been going every year since the early nineties. Sad times but I just don't care about the club or its performances while ever it is being so badly run and managed. I can't believe I'm actually not bothered if it goes under but I'm not.

[Forever a Spireite]

spireitenag, on 21 April 2017 - 07:51 PM, said:

So having listened carefully to Karen Johnson from the Chesterfield Post interviewing Ashley Carson it would appear the purchase price of CFC is actually £15,100,000.

1. Dave Allen wants £6,000,000 for the shareholding held by himself and his daughter Sue Roberts,although he only actually paid £4,000,000 for them.

2. It his now stated his personal loans to the club stand at £5,400,000.

3. Apparently the mortgage on the ground through A & S Leisure is not included in the above and is a further £2,000,000.

4. The directors who left the board earlier this year are still owed £1,700,000.

5. Mike Warner,John Croot and Ashley Carson also have loans and shares in the club which are not part of the above figures.

The reality therefore is that anyone wishing to buy the club is going to have to bring funds of somewhere approaching £20,000,000 to the negotiating table to be able to run the club as well.

Absolutely gobsmacking !

Basically it isn't going to happen.

So more lies from last night?

[moondog]

Forever a Spireite, on 21 April 2017 - 11:38 PM, said:

So more lies from last night?

This is the document the club has released to prospective purchasers

[Forever a Spireite]

moondog, on 22 April 2017 - 12:01 AM, said:

This is the document the club has released to prospective purchasers

You belive it Mark?

[moondog]

Forever a Spireite, on 22 April 2017 - 12:20 AM, said:

You belive it Mark?

I believe this is Allen's reasoning for his asking price, but don't think it's been actively advertised for sale

[Spired]

moondog, on 22 April 2017 - 12:01 AM, said:

This is the document the club has released to prospective purchasers

blimey circus - laughable pile of Bunkum

[Heart of a Niven]

You could be forgiven for thinking that the asking price is just another part of the game. I thought it was interesting that Carson said he hoped Allen would return to watch games in future.
Really? I thought he wanted out? Or was the toys out of the pram episode another part of the plan?
'Cretins, I've changed my mind. I'm keeping the club - Ashley and I do very well out of it - but I'm not spending anymore than I have to, so it's League 2 or nothing. Get used to it and be grateful. I am your master so don't you dare question me again or I'll threaten you with oblivion again. Oh, and send me your first born'.

[Westbars Spireite]

How the hell have we got to this point?

[Lincs Spireite]

How, in all thats holy does DA think any sane person would want to buy this club at that price ?????

[Exharboroughspireite]

moondog, on 22 April 2017 - 12:01 AM, said:

This is the document the club has released to prospective purchasers

Are the share price and loan amounts one and the same thing or two separate entities?

[moondog]

Exharboroughspireite, on 22 April 2017 - 06:24 AM, said:

Are the share price and loan amounts one and the same thing or two separate entities?

Seperate

[Westbars Spireite]

It's puzzling to know how this ends. Allen must have an alternative ending planned as he's not stupid enough to think he's going to end up with this money.