New statement - Page 4

mab · 20-07-2010, 21:38

I Thought the club bought theses shares off an excisting share holder to help raise sos funds.

cashman · 20-07-2010, 21:46

Quote:

Originally Posted by mab

I Thought the club bought theses shares off an excisting share holder to help raise sos funds.

now ya really confused me mab, how does the club "Spending Money" on these shares help raise funds?

Tealeaf · 20-07-2010, 22:01

Any of you lot yet seen Toy Story 3? There is more than one parallel with the goings on at the Crown...Coleman being Woody, Bell being Buzz and the rest of the team up against all odds, not least a spoilt brat who does not know what assets he's got and not got a clue what to do.

sherry · 20-07-2010, 22:02

Now there's the rub cashman! They were sold at a premium as part of an 'enhanced' package and under Platinum, Gold, Silver and Bronze titles.

They are still on offer and the fine detail is on the fishy site. ASFC Commercial, last item 'Share Issue Package.'

I think there are still plenty left if you want to dabble.

dabeast · 20-07-2010, 22:06

Quote:

Originally Posted by cashman

now ya really confused me mab, how does the club "Spending Money" on these shares help raise funds?

Presumably they bought them for x and sold them for x+y therefore making y as profit? Can't recall the club saying they bought the shares they sold though, I thought they had been donated.

cashman · 20-07-2010, 22:17

Quote:

Originally Posted by sherry

Now there's the rub cashman! They were sold at a premium as part of an 'enhanced' package and under Platinum, Gold, Silver and Bronze titles.

They are still on offer and the fine detail is on the fishy site. ASFC Commercial, last item 'Share Issue Package.'

I think there are still plenty left if you want to dabble.

just love a good sense of humour sherry.

Pendle Red · 21-07-2010, 05:28

Now that is one subject that does irk me big time

AccyMad · 21-07-2010, 07:15

The shares which were offered in these 'packages' at the time of the SOS were bought from David Styring, who I think had been left them by his father Terry Styring.
At the time Mr Styring approached the ASSF about buying them but we declned as it would not have put any money into the club as obviously the money would have gone to Mr Styring.
The club then bought these shares & offered them for sale at various prices ranging from 250 quid as part of a package. How much the club bought them for, or how they paid for them at a time when the club was absolutely skint & had the begging bowl out to raise money to pay the tax man is another matter.

ukcowboy · 21-07-2010, 11:28

Quote:

Originally Posted by AccyMad

The shares which were offered in these 'packages' at the time of the SOS were bought from David Styring, who I think had been left them by his father Terry Styring.
At the time Mr Styring approached the ASSF about buying them but we declned as it would not have put any money into the club as obviously the money would have gone to Mr Styring.
The club then bought these shares & offered them for sale at various prices ranging from 250 quid as part of a package. How much the club bought them for, or how they paid for them at a time when the club was absolutely skint & had the begging bowl out to raise money to pay the tax man is another matter.

Sale or return perhaps? Just guessing tho