Chairman Takeover now Old Car Chat

[oufc1991]

A couple of weeks until season ticket prices will be announced.

See told you I wasn’t itk

 

[OUFCwaffle]

I'm ITK...










I know that a lot of rubbish gets said on here!

 

[wolvercoteyellow]

I'm ITK...

I know that a lot of rubbish gets said on here!

But not this, right?

 

[Gobbledgook]

Interesting to see Persis Solo the Indonesian team that's recently been purchased by a consortium that includes Thohir and Bakrie, have gone straight to the top of the league after 4 games and investment by the consortium into the playing squad.

Hope they don't spend all of their pocket money on Persis!

 

[Manorlounger]

A couple of weeks until season ticket prices will be announced.

I was about to say that that waiting for the 21st to see how relaxed the Covid regulations become, might be a good idea. On the other hand, it should be clear by now that a return to no fans is not really being even considered. So, why wait?

 

[horseman]

I was about to say that that waiting for the 21st to see how relaxed the Covid regulations become, might be a good idea. On the other hand, it should be clear by now that a return to no fans is not really being even considered. So, why wait?

perhaps the ink needs to dry on a contract prior to making a big announcement

 

[Scotchegg]

I was about to say that that waiting for the 21st to see how relaxed the Covid regulations become, might be a good idea. On the other hand, it should be clear by now that a return to no fans is not really being even considered. So, why wait?

I wouldn't be surprised if 21st June wasn't a factor in anyone's thinking, but agree that it shouldn't make a huge difference. I can't see away fans being allowed for a while, and only when social distancing rules are relaxed further. So there can be some flexibility in tickets to maybe off reduced prices to the North stand knowing that initially you may be seated across the whole stand but when fully opened your seats could be moved back into the first 4 or 5 blocks.

However, with that in mind, I wonder how complex it is to offer guaranteed seats in an ever changing world? Without digging at you, the SSU has far few seats but I suspect a higher proportion of season ticket holders. Does the club allocate these in socially distancing bubbles to be safe, but knowing that may alienate fans who may not be "friends" but have sat together for several seasons?

The pricing and deadlines for early bird deals etc are probably the easy things to arrange, how we fit the fans in is possibly the reason for greater delay.

 

[Manorlounger]

perhaps the ink needs to dry on a contract prior to making a big announcement

If the shareholding situation has already happened, and it would appear that that is the case, then why wait any longer? The make up of the board could change but not so dramatically that season tickets should be delayed, or am I missing something here?

 

[uptheus]

Normally the club like to give existing season tickets holders until the end of June to get their seat, but as things are not normal I wonder if this timeframe will change too?

 

[MarkG]

If the shareholding situation has already happened, and it would appear that that is the case, then why wait any longer? The make up of the board could change but not so dramatically that season tickets should be delayed, or am I missing something here?

I think one of the points is that the shareholdings haven't recently changed in favour of the Indonesians, perhaps waiting for FA approval? Instead it is Knightsbridge which made the most recent investment, assumed to be Geicke as he is the only director not already linked to the shareholder register. Geicke is the "builder", the one with the experience of land and property developments.
So currently the Singapore company has 5 roughly equal shareholders.

 

[OUFCwaffle]

But not this, right?

Course not, only the truest of truths come out of my mouth

 

[Scotchegg]

I think one of the points is that the shareholdings haven't recently changed in favour of the Indonesians, perhaps waiting for FA approval? Instead it is Knightsbridge which made the most recent investment, assumed to be Geicke as he is the only director not already linked to the shareholder register. Geicke is the "builder", the one with the experience of land and property developments.
So currently the Singapore company has 5 roughly equal shareholders.

And still there are those who don't think a new stadium is part of the plans! Horst is here precisely for that reason and his recent increases investment should inspire confidence.

I would expect Anindya to also increase his stake holding and see him as the most likely to become the new chairman, although I also wouldn't rule out Tiger from staying in the role for the next 12 months or so whilst travel restrictions are limited. Tiger has grown into the role and has kept things stable during the difficult last 18 months or so.

Either way, I think we'll hear more in the next couple of weeks (although I was expecting something to have been announced by now, but heard nothing to suggest any problems).

 

[psquared]

Normally the club like to give existing season tickets holders until the end of June to get their seat, but as things are not normal I wonder if this timeframe will change too?

I'll be happy being given until the end of June to decide if I want my free roll over ST or not.

If they want the full amount (i.e. same as last season) then they should wait until they have a clearer idea of what the situation will be.

 

[stokeu]

And still there are those who don't think a new stadium is part of the plans! Horst is here precisely for that reason and his recent increases investment should inspire confidence.

I would expect Anindya to also increase his stake holding and see him as the most likely to become the new chairman, although I also wouldn't rule out Tiger from staying in the role for the next 12 months or so whilst travel restrictions are limited. Tiger has grown into the role and has kept things stable during the difficult last 18 months or so.

Either way, I think we'll hear more in the next couple of weeks (although I was expecting something to have been announced by now, but heard nothing to suggest any problems).

What increased investment is that then? Have I missed some news?

 

[Scotchegg]

What increased investment is that then? Have I missed some news?

Current ordinary shareholders in Oxford Investment Holding. So the Knightsbridge holding has increased from 1,000,000 in March and is presumed to be Geicke?

Sumrit Thanakarnjanasuth	3,315,000.00	26.59%​
Knightsbridge Asia Ltd	2,842,829.00	22.80%​
Empire Asia Group Company Limited	2,190,000.00	17.57%​
PT. Brown Sports Management Asia	2,059,353.00	16.52%​
PT. EMT Aset Investama	2,059,353.00	16.52%​
	12,466,535.00

The previous share holding was declared in the accounts as;

The basics are cheap. So whilst Tiger may be the largest shareholder he isn't the majority owner anymore.

Sumrit Thanakarnjanasuth	3,315,000.00
Knightsbridge Asia Ltd	1,000,000.00
Empire Asia Group Company Limited	2,190,000.00
PT. Brown Sports Management Asia	2,059,353.00
PT. EMT Aset Investama	2,059,353.00
	10,623,706.00

The various companies are;
Tiger
Knightsbridge Asia - Horst Geicke
Empire Asia Group - Pairoj Piempongsant
Brown Sports - Anindya Bakrie
EMT - Erick Thohir

My gut feeling is that we will see Erick and Thohir to increase their stakes or to come together to create a controlling interest, possibly as a result of Tiger selling off some of his stake. But I don't expect any new people to be involved, nor for anyone to leave.

 

[Manorlounger]

The previous share holding was declared in the accounts as;



The various companies are;
Tiger
Knightsbridge Asia - Horst Geicke
Empire Asia Group - Pairoj Piempongsant
Brown Sports - Anindya Bakrie
EMT - Erick Thohir

My gut feeling is that we will see Erick and Thohir to increase their stakes or to come together to create a controlling interest, possibly as a result of Tiger selling off some of his stake. But I don't expect any new people to be involved, nor for anyone to leave.

Possibly a couple of names missing but the gist of it is about right.

 

[ljs]

The previous share holding was declared in the accounts as;



The various companies are;
Tiger
Knightsbridge Asia - Horst Geicke
Empire Asia Group - Pairoj Piempongsant
Brown Sports - Anindya Bakrie
EMT - Erick Thohir

My gut feeling is that we will see Erick and Thohir to increase their stakes or to come together to create a controlling interest, possibly as a result of Tiger selling off some of his stake. But I don't expect any new people to be involved, nor for anyone to leave.

Erick and Thohir?

 

[Scotchegg]

Erick and Thohir?

Sorry, Bakrie and Thohir!!

 

[yellowbow]

Could somebody with more knowledge than a simpleton like me on these matters clarify the situation in laymans terms? The way I see it is Tiger hasnt relinquished any of his shareholding so any ‘takeover‘ would have to involve two or more of the bighitters incorporating their portions of ownership. Is that how it works? We dont even know if Tiger wants to give up the majority holding do we?

 

[Victor1986]

We do - & he does not.