General Consortium Takeover - News and Rumours

[OxfordYankee]

May be because we just missed out on the play offs when at one point it looked a certainty at the least e.g. as in tough to come to terms with

Sorry that you missed the joke, @uptheus.

As ever, they're weak as hell.

 

[Yellows1]

Wasn’t it reported that the takeover is expected to be completed within weeks, am sure I heard that on the radio?

 

[Discoland]

Wasn’t it reported that the takeover is expected to be completed within weeks, am sure I heard that on the radio?

It's already been completed.

 

[Yellows1]

It's already been completed.

Really, hasn’t been announced though has it?

 

[Discoland]

Really, hasn’t been announced though has it?

No, but its very well documented on Companies House that shares have been transferred and Tiger is no longer largest shareholder. Its down to Bakrie and Co. whether and when they announce it.

 

[Oxymoron]

This is the current status of Oxford United Football Club according to Companies House

 

[MarkG]

Companies House [UK] has the details of Oxford United Football Club Limited, which as Oxymoron says, still shows Tiger as having significant control.

Accounting and Corporate Regulatory Authority is the equivalent for Singapore which is where you can find company information on the holding company of OUFC, for a fee, and see the current shareholdings.

 

[Oxford1996]

https://twitter.com/x/status/1542575652934672386

 

[Essexyellows]

Making money out of thin air and shifting 000000`s on spreadsheets..................

 

[OX14]

What does that exactly mean then?

 

[yellowbow]

What does that exactly mean then?

Glad somebody else asked that...

 

[ttg17]

What does that exactly mean then?

Owners have basically injected £1.5m into the club.

 

[Oxford1996]

What does that exactly mean then?

Normally a way of ‘raising funds’ so really it’s a cash injection.

 

[West Oxon U’s]

New funds via a share issue probably to existing shareholders with new capital being injected into the club as opposed to borrowing/increasing club
debt to shareholders via loans.

Doubt it’s done to tidy up the balance sheet and most probably it’s new equity to improve day to day working capital or to help with the new stadium planning which will
involve considerable legal fees and expenses.

 

[OX14]

Owners have basically injected £1.5m into the club.

Which owners though? We still haven't had the news on who actually owns us apart from Tiger?

 

[Oxford1996]

Which owners though? We still haven't had the news on who actually owns us apart from Tiger?

Yeah that’s the interesting part. No name

 

[West Oxon U’s]

Wait for Mark G to avail us of the shareholding movements.

Could be significant.

 

[GeneralLee]

What does that exactly mean then?

Could mean a few things.

My guess would be one of the following:

Could be to fund something significant (doubtful given it’s only £1.5 mill but could be if more share allocations follow soon). It could be to repay a loan (possible), a means to raising capital (likely) or the creation of shares dilutes existing shareholder shares but gives a new investor a means to invest (possible).

 

[Victor1986]

Payment of fee invoices for the SB project. Don't get excited. Fancy drawings will be issued soon.

 

[brightonyellow]

Positive that’s it’s share capital and not a loan!