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 Post subject:
PostPosted: Fri May 11, 2007 2:58 pm 
All Time Great
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Sir Phoenix wrote:I'm pretty sure if you gave FC a couple of thousand they could make it disappear :lol:


do i have to make a MOOOO ing sound when handing it over






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 Post subject:
PostPosted: Fri May 11, 2007 5:40 pm 
Club Owner
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Hutchie wrote:Just a point, im sure all you Stock Exchange whizzers can help :)

If the club did a share issue, would passholders be given any shares in the same way building socieities did ?


Strictly speaking, Building Societies were not companies, they were effectively an organised group of people investing in the same place.

When they changed into Public companies they offered their members shares effectively as a golden hello.






Nil......Zip.....Nothing....ZERO....0

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 Post subject:
PostPosted: Fri May 11, 2007 7:50 pm 
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Hutchie wrote:do i have to make a MOOOO ing sound when handing it over


If thats what turns you on i'm sure they would let you but its not compulsory

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 Post subject:
PostPosted: Fri May 11, 2007 8:13 pm 
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Standee wrote:When you put cash into a building society the BS gives you interest on your balance, they then use the pooled investments to form the basis (to a certain extent) of their loan provision, therefore as an invester you are implicitly linked to the profitability of the organisation.

A season pass holder isn't investing, you are simply paying up front for games to attract a discount, your money is uesd as operational capital for the club.


Close but no cigar. Building Societies are mutual organisations, "owned" by their members (Investors and borrowers), who are each deemed to own a share in the society (they used to be called share accounts). Demutualisation (flotation), means that the society becomes a company, with "proper" shares which are quoted on the stock exchange. Former members are given a share allocation to compensate them for the loss of their share in the mutual organisation.

Hull FC are already a company, hence the purchase of a service from them does not confer any rights to ownership

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 Post subject:
PostPosted: Fri May 11, 2007 8:25 pm 
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Big Dave T wrote:Debt gone, money into the club. Fans get chance to have a real voice and make decisions.

From a directors point of view you get your loan back (substantial)

Makes it a more attractive business to sell your share.

Negative point would be that a lot of uneducated stupid people would also get a chance to vote for what they want to happen with the club. Hopefully we would have more sensible people to out vote these!


Is Big Dave T calling Hull fans "uneducated stupid people"?.

You didnt go to school with Paul Cooke did you Dave? lol.

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 Post subject:
PostPosted: Fri May 11, 2007 8:27 pm 
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R.B.A wrote:Is Big Dave T calling Hull fans "uneducated stupid people"?.

You didnt go to school with Paul Cooke did you Dave? lol.

F@ck off you troll :lol:

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 Post subject:
PostPosted: Fri May 11, 2007 8:28 pm 
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Location: west of west hull
issuing shares would solve all the clubs problems. the couple of grand theyd raise would be ploughed into the signign of lockyer, the 100 people who could be bothered to buy in would have a huge impact on the running of the club due to their minuscule voting rights and subsequently north london will become a fine area to visit and live in.

more realistically a few deluded saddos would be able to go to an agm and have absolutely no power over what goes on, whilst wasting perfectly good money ina company thats going nowhere in a hurry






The Independent (May 2007) wrote:Today the east [of Hull], which contains the biggest council estate in Europe, is poor, a place of high unemployment and low expectation. The west, which has the city centre and the university, is posh and prosperous.

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 Post subject:
PostPosted: Fri May 11, 2007 8:28 pm 
Club Owner
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Joined: Jul 30 2003
Posts: 3648
R.B.A wrote:Is Big Dave T calling Hull fans "uneducated stupid people"?.

You didnt go to school with Paul Cooke did you Dave? lol.


Think he was talking about you :wink:

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 Post subject:
PostPosted: Fri May 11, 2007 8:34 pm 
Moderator
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Are Knocker Norton and Major Black the type of potential shareholders that worry Big Dave T?

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 Post subject:
PostPosted: Fri May 11, 2007 8:37 pm 
Club Owner
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Joined: Jul 30 2003
Posts: 3648
R.B.A wrote:Are Knocker Norton and Major Black the type of potential shareholders that worry Big Dave T?


How do you know they are not shareholders?

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