The Owners

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Comments

  • Expat_HammerExpat_Hammer
    The sooner that they bog off the better
  • IronHerbIronHerb
    Don't beat about the bush Expat, say what you mean. (Within site rules of course.)
  • Cuz1Cuz1
    IronHerb said:

    Don't beat about the bush Expat, say what you mean. (Within site rules of course.)

    Adios I say or buon viaggio
  • BubblesNeverDiesBubblesNeverDies
    Aslef said:
    I wonder if perhaps Sullivan wants to cling on until he can leave the club in a good position, maybe its pride more than anything.

    Aslef, I think you may be confusing pride with vanity.
  • ASLEFshruggedASLEFshrugged
    Pride, ego, vanity. Either one, he wants to prove that he's right and his critics are wrong.

    Or as South Park Saddam would say ''Iran, Iraq, who cares''.
  • YeoldhammerYeoldhammer
    https://amp.theguardian.com/football/2020/sep/14/american-consortium-buy-west-ham-first-bid-rejected?__twitter_impression=true
  • HamstewHamstew
    Sounds like this potential new owners thing is gathering pace.
  • Giant_HammerGiant_Hammer
    They say be careful what you wish for but I’m so sick of Gold, Sullivan and Brady I would pay the devil to replace them. Lyrics courtesy of Hall and Oates. >:)
  • HamstewHamstew
    Giant_Hammer said:

    They say be careful what you wish for but I’m so sick of Gold, Sullivan and Brady I would pay the devil to replace them. Lyrics courtesy of Hall and Oates. >:)

    The owners are out of touch
  • yoyoyoyo
    We need a Rich girl
  • ASLEFshruggedASLEFshrugged
    edited September 2020
    In June this year Forbes valued West Ham at $616m/£478m so little surprise they rejected a £350m bid.

    If they sold at £478m the club would have to pay back £55m, if they sold at £550m it would have to pay back £70m which would match the valuation.

    S&G own 86.2% of the club
  • baracks_a_hammerbaracks_a_hammer
    An alternative might have been to have other investors inject funds into the club. Problem is that this would dilute Sully to under 50%. Which I am sure he would not want as he would no longer be able to run things without effectively being accountable to anyone.
  • Expat_HammerExpat_Hammer
    Baracks, would you plough in a shed load of money and let sulli still run things
  • ASLEFshruggedASLEFshrugged
    There are only three other investors; Gold (35.1%) , "Tripp" Smith (10%) and Terrance Brown's little group (3.8%). In order for any of them to increase their holdings they'd have to buy shares from Sullivan and I don't think he's interested in selling his controlling stake.
  • baracks_a_hammerbaracks_a_hammer
    Just thinking, hypothetically if Tripp was to buy Sully’s shares, would this still trigger the pre 2023 penalty.
  • ASLEFshruggedASLEFshrugged
    edited September 2020
    baracks_a_hammer said:

    Just thinking, hypothetically if Tripp was to buy Sully’s shares, would this still trigger the pre 2023 penalty.

    No idea, Smith bought 10% shares from S&G in 2017 and it didn't activate a penalty. Perhaps it only activates if there's a change of majority shareholder.

    Its worth nothing that Smith loaned the club £9.5m interest free (unlike some shareholders)
  • Expat_HammerExpat_Hammer
    baracks_a_hammer said:

    Just thinking, hypothetically if Tripp was to buy Sully’s shares, would this still trigger the pre 2023 penalty.

    I'm sure that could be avoided ...... We take over now, but it's only official when it's 2023

    Please happen, pleasey please
  • imagelostimagelost
    Expat_Hammer said:

    baracks_a_hammer said:

    Just thinking, hypothetically if Tripp was to buy Sully’s shares, would this still trigger the pre 2023 penalty.

    I'm sure that could be avoided ...... We take over now, but it's only official when it's 2023

    Please happen, pleasey please
    That could save us
  • EXETERHAMMEREXETERHAMMER
    At this moment in time, I would be happy with anyone other than G & S and Brady at the helm. Let's hope this American group up the offer.
  • HammerwombatHammerwombat
    Donald Trump has a few quid and might be out of work in November.
  • KuchinghammerKuchinghammer
    He'd probably turn the stadium into a Crazy Golf course
  • Cuz1Cuz1
    Saying we’ve turned down a second bid of 400m for the club
  • BubblesNeverDiesBubblesNeverDies
    edited September 2020
    But Sully has said that he wants to pass the club on to his children, in which case he would just state publicly that West Ham is not for sale, surely.
    It's not as if he would be lying, is it - is it? =)
  • baracks_a_hammerbaracks_a_hammer
    Cuz1 said:

    Saying we’ve turned down a second bid of 400m for the club

    Hopefully they’ll come back with an improved bid, including add ons
  • IronHerbIronHerb
    Add ons? Like a stadium perhaps? ;)
  • Expat_HammerExpat_Hammer
    See if sulli likes it when an instalment gets missed =)
  • baracks_a_hammerbaracks_a_hammer
    Or perhaps the new owners can take the club on loan with an obligation to buy in 2023?
  • buffybegoodbuffybegood
    You couldn't make it up. BBC report on Talksport interview with DS that's already been referred to in other threads.

    I genuinely didn't realise we're the only club suffering from lack of gate receipts, who'd have thought it?

    https://www.bbc.co.uk/sport/football/54269949

    I'll be honest, I'm so much less interested in our club at the moment than I usually am, these vampires are sucking the life out of it with their lies and broken promises all aimed at making them 100s of millions of pounds and leaving us homeless and soulless.
  • HamstewHamstew

  • ASLEFshruggedASLEFshrugged
    Why is Sullivan even talking to the media? Selfish, self obsessed, narcissistic.
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