The Falkirk FC Thread

[JulioBairn]

10 minutes ago, virginton said:

Ah yes, good to see the 'Calum Melville' principle making a long-awaited return to Scottish football. 

Your username ought to be Relegator Ray, seeing as your board weren't the ones who spectacularly bottled two home games to send you down.

. 

Sound mate. Thanks for your input

[Shodwall cat]

1 hour ago, Monkey Tennis said:

Well that's remarkable. 

We really are back to the playground here.  Unless someone says "I promise", it doesn't count?

They are plans and aims. He will attempt to carry these things out. He is not promising to do anything as you can never be certain in this business that you will achieve what you set out to do in the first place. Of course he may not even try to achieve what he is aiming to fo but he isnt promising anything .

[Grangemouth Bairn]

3 hours ago, Hank von Hell said:

Em…....ok….here we go,  in order:

1) No one does

2) No it won't

1. His accountant will.

2. Yes they will as it’s the law.

You are just not understanding how a commercial purchase transaction works Hank.

Edited August 1, 2019 by Grangemouth Bairn

[Wilson92FFC]

Just what this discussion needs......a lil bit of virginton's input

[Ranaldo Bairn]

I'm completely confused by all this takeover stuff, not being itk in the slightest but very doubtful about this dude.

So here's the view from my back door for the next week. I'm gonna save up all the posts and binge them in 7 or 8 days. Magic!

[Crawford Baptie]

I can't put into words how much I'm in awe of your fans group for speaking up. They may very well save your football club with what they now know. I hope they get control of your club and take you from strength to strength. 

If BTB were to gain control of the club that would surely be based on whether or not the 1000 or so backers were still willing to do so.

[Back Post Misses]

1. His accountant will.
2. Yes they will as it’s the law.
You are just not understanding how a commercial purchase transaction works Hank.

I will repeat that the proof of funding is secondary to me now. I am sure he can show the club he has money to buy them out.

Once he has the club for c400k he and his people can do with it what they wish.

We have just got to be sure he won’t turn us over and look after the club once the sale has gone through. You can do all the DD you wish but there has to be a judgment call in all this based on someone’s past, integrity and track record.

[knee jerk reaction]

Where can you buy the club for 400k? Btb was going to raise 800k to get 25% so how  can the club be getting sold for 400k? Is there not over 2 million £1 shares in falkirk, the original  btb bid was the MSG were willing to dilute their shareholding in the club at a reduced price to btb so we would own 25% , why would they now sell 62% for half that? Unless I'm reading something wrong here 

21 minutes ago, Back Post Misses said:

 

I will repeat that the proof of funding is secondary to me now. I am sure he can show the club he has money to buy them out.

Once he has the club for c400k he and his people can do with it what they wish.

We have just got to be sure he won’t turn us over and look after the club once the sale has gone through. You can do all the DD you wish but there has to be a judgment call in all this based on someone’s past, integrity and track record.
 

 

 

[Crawford Baptie]

I will repeat that the proof of funding is secondary to me now. I am sure he can show the club he has money to buy them out.

Once he has the club for c400k he and his people can do with it what they wish.

We have just got to be sure he won’t turn us over and look after the club once the sale has gone through. You can do all the DD you wish but there has to be a judgment call in all this based on someone’s past, integrity and track record.

You have given more in that statement there than BTB gave in the one on COYB.

[Back Post Misses]

Where can you buy the club for 400k? Btb was going to raise 800k to get 25% so how  can the club be getting sold for 400k? Is there not over 2 million £1 shares in falkirk, the original  btb bid was the MSG were willing to dilute their shareholding in the club at a reduced price to btb so we would own 25% , why would they now sell 62% for half that? Unless I'm reading something wrong here 

 

 

The MSG have 62% of £2.4m shares. I believe they have sold for under 30p. Do your sums. The original BTB bid was to buy new shares so the 800k was going straight into the club and not into pockets of the MSG.

[mic_17_uk]

 

 

 

Where can you buy the club for 400k? Btb was going to raise 800k to get 25% so how  can the club be getting sold for 400k? Is there not over 2 million £1 shares in falkirk, the original  btb bid was the MSG were willing to dilute their shareholding in the club at a reduced price to btb so we would own 25% , why would they now sell 62% for half that? Unless I'm reading something wrong here 

 

 

Were they absolutely milking the original BtB scheme then?

 

Edit : so they were charging BtB £1.33 per share and are now selling at £0.30 per share. That's the most confusing thing I've read this week and pretty damming on the MSG.

[Auld man]

12 minutes ago, knee jerk reaction said:

Where can you buy the club for 400k? Btb was going to raise 800k to get 25% so how  can the club be getting sold for 400k? Is there not over 2 million £1 shares in falkirk, the original  btb bid was the MSG were willing to dilute their shareholding in the club at a reduced price to btb so we would own 25% , why would they now sell 62% for half that? Unless I'm reading something wrong here 

 

Sandy quoted 2.4 million at the egm

[Back Post Misses]

Sandy quoted 2.4 million at the egm

And that got the biggest laugh of the day

[bairney]

I thought the area for a new stand was in Grangemouth's exclusion zone? It all sounds like politician talk from this guy. I hope he's not another george Bloody fulston.

[Dawson Park Boy]

3 minutes ago, Back Post Misses said:

 

And that got the biggest laugh of the day

 

 

[Dawson Park Boy]

Heard they were selling at less than 30p

[Back Post Misses]

 
 
 

 
Were they absolutely milking the original BtB scheme then?
 
Edit : so they were charging BtB £1.33 per share and are now selling at £0.30 per share. That's the most confusing thing I've read this week and pretty damming on the MSG.

No, I think that 2.4m extra shares were being released at 33p = 800k

[GMBairn]

Surely the price for the club would be pretty high. Btb was going to buy out 30% I think and that was taking 800k. Stands to reason to get the rest of the msg shares would cost at least the same again.

[Back Post Misses]

Surely the price for the club would be pretty high. Btb was going to buy out 30% I think and that was taking 800k. Stands to reason to get the rest of the msg shares would cost at least the same again.

The 800k @33p/share would buy the extra 2.4m shares. The MSG had c1.4m between them reducing their shareholding to c30% from 62%

[knee jerk reaction]

This doesn't make sense then, if you're selling your shares for 400k when someone else is in with funds of 800k? I know the board take some stick on here but surely no-one is that stupid that they'd sell half price to an unknown rather than actual falkirk fans