Peterborough United – Bond Issue

[Anonymous]

500 supporters have invested £5,000 a piece.
Revenue raised = £2.5M

https://www.theposh.com/news/ps2500000-peterborough-united-bond-issued

[mistertonmick]

are they going to invest it in the mighty Iron, Renee

[Iron-awe]

Our bond issue is our owners word isn’t his bond, hence the shitshow that is Scunthorpe United FC.

1 user thanked author for this post.

alcazar

[Deereyme66]

Broke Bond!

2 users thanked author for this post.

bartonscorpion, alcazar

[Awaywego]

Can’t go as much as £5000 but would put in £1000 if a serious effort was made to purchase the ground and put in a trust. Ps wouldn’t dare tell Mrs A.

3 users thanked author for this post.

TwoWrights, ironking, razoriron

[Jackie]

Can’t go as much as £5000 but would put in £1000 if a serious effort was made to purchase the ground and put in a trust. Ps wouldn’t dare tell Mrs A.

I wouldn’t know how to go about it, and I appreciate that things are tough for a lot of people with the increase in living costs but there may be quite a few fans who would be prepared to put some money in to get rid of Swann.
It may be enough to get one of the consortiums over the line to get control.

2 users thanked author for this post.

ironking, SteveJobsworth

[Awaywego]

I wouldn’t put any money in to get rid of Swann, only the ground, something the fans have never owned but now it’s been split from the football club it would make sense.

[Anonymous]

In 2018, Norwich built a brand new £5M Academy through a bond issue.

QPR are building new training facilities through a £20M bond issue:

English football team issues bond to build training ground

[Anonymous]

Wimbledon looked to raise £5M through bonds to develop a new ground.

https://www.which.co.uk/news/article/afc-wimbledon-football-club-mini-bond-offers-up-to-4-returns-should-you-invest-ab7lu6z5YP2U

[Anonymous]

Lincoln have also had a bond issue:

https://www.weareimps.com/news/2021/september/stacey-west-investment-bond

[Anonymous]

Wasps Rugby Union Club raised £35M through bonds way back in 2015:

https://www.bbc.co.uk/news/uk-england-coventry-warwickshire-61827414.amp

[Anonymous]

West Ham had a bond issue way back in 1991 to update their old ground:

https://whufc.freshdesk.com/support/solutions/articles/31000137974-what-is-a-bond-

[Anonymous]

Stevenage & FC United of Manchester are another couple of organisations that have gone down the community club route.

I’m sure that there are many other examples?

At lower levels – is this the future?

[Northumbiron]

Until we know what Swann’s asking price is and what it includes, most of this is conjectural.

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bartonscorpion

[Lord Kitchener]

I doubt we could shift Swann for less than £11,000,000. That is what he thinks our ground is worth. Shame we can’t rock up with the dough and demand that Glanford Park be returned, and then he can F off!

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North Lincolnshire Irons, alcazar

[Iron-awe]

Northumbiron wrote:

Until we know what Swann’s asking price is and what it includes, most of this is conjectural.

6 million for a fan backed consortium, 8 million for an outside bidder, reliable source ( not HP ).

[cassidystash]

Does that include the ground?

[MK Iron]

£5m to £7m overvaluation if ground is not included.

Only £3m overvalued if ground and all land included. Net of all outstanding debt cleared of course.

The problem is the owner will take some time to realise property and businesses are worth what a buyer is willing to pay. The sellers valuation is immaterial.

1 user thanked author for this post.

alcazar

[Ferrite]

Worth pointing out that a bond is an investment – anyone who takes up the offer is investing their money and expecting a return on the investment. I know in the case of AFC Wimbledon they asked people to select a 0% interest rate if they could, helping the club to raise capital, but they were offering returns of something like 7-8% depending on the number of years the money was invested for.

So it’s not necessarily free money for football clubs but it is a potentially useful way to raise capital at better terms than would be offered by a bank.

[Iron-awe]

Ground included as I was told, not sure about any future flat building but most of us think that’s a joke anyway but you never know the money from the sale may be put into helping fund the famous or infamous flat building project.

1 user thanked author for this post.

cassidystash

[ironking]

This is the best thread on here for years. Only one negative out of kelter response from someone regularly in the Uti99 biffa stable!

[billpuntonsghost]

AWAYWEGO-“Can’t go as much as £5,000 but would put in £1000.”
I was asking about you the other day,”Have you seen “Loadsamoney” Paul ,lately?!!” ,I asked.

1 user thanked author for this post.

Awaywego

[premier iron]

Would give Swann nothing because I would not trust him

[Author]

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