| Shareholders 21:40 - Mar 7 with 7472 views | Keaneish |
Does anyone know how many shareholders make up the 12.5% or whatever it is that isn’t owned by ME? I take it they are ordinary shares with no voting rights with no dividend payouts given it’s a loss making enterprise? Although, we did turn a profit one year after the sale of Wickham I think - was there a payout then?
Just curious. |  |
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| Shareholders on 12:22 - Mar 8 with 2000 views | PJH |
| Shareholders on 12:17 - Mar 8 by longtimefan |
If I remember correctly the minimum “investment” was £100. I say “investment” as it was pointed out pretty explicitly at the time that the share purchases amounted to little other than a donation. |
It was £200 minimum at £20 per share.
I have my copy of the original brochure in front of me at the moment. |  | | |
| Shareholders on 12:25 - Mar 8 with 1990 views | longtimefan |
| Shareholders on 12:22 - Mar 8 by PJH |
It was £200 minimum at £20 per share.
I have my copy of the original brochure in front of me at the moment. |
No wonder the wife tried to stop me then  |  | | |
| Shareholders on 12:28 - Mar 8 with 1985 views | PJH |
| Shareholders on 12:25 - Mar 8 by longtimefan |
No wonder the wife tried to stop me then |
My wife did not know how much I actually put in until I told her a few years later. | | | |
| Shareholders on 12:44 - Mar 8 with 1973 views | Darth_Koont |
| Shareholders on 10:22 - Mar 8 by carlisleaway |
When attending the annual AGM, over the years shareholders have given the board a soft time. No hard hitting questions about how and why the club is run seems to be avoided. Mind you is this not the way quiet little Ipswich are run and the reasons why we are in our present position. Players find it very easy to live in Suffolk and do not seem to be pushed hence why many players are quite content with there contracts. |
You can have my shares if you want. £200 face value but 150 cash and you can ask whatever question you want. |  |
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| Shareholders on 16:11 - Mar 8 with 1931 views | SonOfSpock |
when there are shareholder meetings does anybody actually tear a strip off the management and ask questions about strategy, planning, acadamy, performance etc? |  | | |
| Shareholders on 19:38 - Mar 8 with 1900 views | north_stand77 |
| Shareholders on 16:11 - Mar 8 by SonOfSpock |
when there are shareholder meetings does anybody actually tear a strip off the management and ask questions about strategy, planning, acadamy, performance etc? |
No.
The meetings have become more and more subdued as the years have gone by in my opinion. I also thought that Lamberts demeanor had definitely changed at the Dec 2019 meeting - he seemed more buoyant and upbeat in 2018. He didn't say much at all at the last meeting. |  | | |
| Shareholders on 10:37 - Mar 9 with 1838 views | PrideOfTheEast |
| Shareholders on 09:34 - Mar 8 by north_stand77 |
Why? I'm pretty sure that Marcus Evans has his own way of rewarding himself.
My point was that to some of those shareholders it was a big deal to help save the club - the minimum amount you could buy was probably equivalent to a weeks cheap holiday at the time. Some shareholders spent consderably more.
Not asking for much, just for that to be remembered by the club |
So perhaps shareholders should also find their own way of rewarding themselves too if that's needed for some reason.
It was always a donation wasn't it, there's still an AGM and people in directorship positions represent the club frequently. Nobody has forgotten the importance of it. It's a shame that plenty seem to be very quick to slate (for the wrong reasons) the person that has contributed this year alone more than anybody else in the history of ITFC.
Marcus Evans get out of our club.... then what? | | | |
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| Shareholders on 11:19 - Mar 9 with 1824 views | WeWereZombies |
| Shareholders on 10:37 - Mar 9 by PrideOfTheEast |
So perhaps shareholders should also find their own way of rewarding themselves too if that's needed for some reason.
It was always a donation wasn't it, there's still an AGM and people in directorship positions represent the club frequently. Nobody has forgotten the importance of it. It's a shame that plenty seem to be very quick to slate (for the wrong reasons) the person that has contributed this year alone more than anybody else in the history of ITFC.
Marcus Evans get out of our club.... then what? |
Your closing assertion at the end of the second paragraph might need adjusting for inflation. |  |
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| Shareholders on 11:45 - Mar 9 with 1812 views | ElephantintheRoom |
| Shareholders on 10:37 - Mar 9 by PrideOfTheEast |
So perhaps shareholders should also find their own way of rewarding themselves too if that's needed for some reason.
It was always a donation wasn't it, there's still an AGM and people in directorship positions represent the club frequently. Nobody has forgotten the importance of it. It's a shame that plenty seem to be very quick to slate (for the wrong reasons) the person that has contributed this year alone more than anybody else in the history of ITFC.
Marcus Evans get out of our club.... then what? |
That last bit is a bit insulting to those who contributed a great deal to Town over the years without taking a penny out of it.
I know you only mean the offshore shekel - but if anything Marcus Evans has contributed less to the history of ITFC than anyone else in history....aside perhaps from Sheepshanks | |
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| Shareholders on 13:22 - Mar 9 with 1798 views | Freddies_Ears |
| Shareholders on 00:39 - Mar 8 by north_stand77 |
I felt that we were at least appreciated by the club then and they seemed to make an effort in arranging these small benefits when we bought them.
There has been absolutely nothing over the past few years which is another sad indictment of how far we have fallen,
It would be a nice gesture for someone to remember how much they were helped out. |
All those things still happen, but they are not laid on specifically for shareholders. Any fan can go... | | | |
| Shareholders on 13:37 - Mar 9 with 1785 views | carlisleaway |
| Shareholders on 11:45 - Mar 9 by ElephantintheRoom |
That last bit is a bit insulting to those who contributed a great deal to Town over the years without taking a penny out of it.
I know you only mean the offshore shekel - but if anything Marcus Evans has contributed less to the history of ITFC than anyone else in history....aside perhaps from Sheepshanks |
Think you are all wrong, without David Sheepshanks we would not have taken part in 3 playoff semi finals, one play off final, finishing 5th back in the Premiership, a European tour and new stands behind both goals..Give the guy some credit, he would also face up to fans even in the darkest hour. |  | | |
| Shareholders on 13:41 - Mar 9 with 1782 views | ElephantintheRoom |
| Shareholders on 13:22 - Mar 9 by Freddies_Ears |
All those things still happen, but they are not laid on specifically for shareholders. Any fan can go... |
The response to the share issue was slightly underwhelming
 Shares Raise £1.75m 3rd Feb 2004 13:04Town's share issue raised £1,746,420, around £400,000 added to the total during the two-week extension. The initial public offer of shares was closed last Friday.  0
And the second attempt something of a failure.
If we assume 'Marcus Evans' bought the club for £8million and a third share issue was attempted - that would have required 8,000 Town fans to have stumped up £1000 or various other permutations to reach that amount. Magilton would have had to do without the loan for signings.... but it should have been do-able. | |
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| Shareholders on 15:23 - Mar 9 with 1754 views | longtimefan |
| Shareholders on 13:37 - Mar 9 by carlisleaway |
Think you are all wrong, without David Sheepshanks we would not have taken part in 3 playoff semi finals, one play off final, finishing 5th back in the Premiership, a European tour and new stands behind both goals..Give the guy some credit, he would also face up to fans even in the darkest hour. |
If only he'd not bothered with the stands! | | | |
| Shareholders on 15:31 - Mar 9 with 1741 views | north_stand77 |
| Shareholders on 13:22 - Mar 9 by Freddies_Ears |
All those things still happen, but they are not laid on specifically for shareholders. Any fan can go... |
All what things, what exactly do they do? | | | |
| Shareholders on 15:35 - Mar 9 with 1737 views | PrideOfTheEast |
| Shareholders on 11:19 - Mar 9 by WeWereZombies |
Your closing assertion at the end of the second paragraph might need adjusting for inflation. |
Perhaps although I'm not sure. The point stands. | | | |
| Shareholders on 16:21 - Mar 9 with 1725 views | HARRY10 |
| Shareholders on 13:41 - Mar 9 by ElephantintheRoom |
The response to the share issue was slightly underwhelming
Shares Raise £1.75m 3rd Feb 2004 13:04Town's share issue raised £1,746,420, around £400,000 added to the total during the two-week extension. The initial public offer of shares was closed last Friday. 0
And the second attempt something of a failure.
If we assume 'Marcus Evans' bought the club for £8million and a third share issue was attempted - that would have required 8,000 Town fans to have stumped up £1000 or various other permutations to reach that amount. Magilton would have had to do without the loan for signings.... but it should have been do-able. |
The problem there was that the money (£8.1m) put in as preference shares was used to cover outstanding wages and costs.
So it was not as if the fans could have simply bought out the NU debt for £8m, there was still £4m owed to Barclays and costs more than income to be met.
Whilst Evans acquisition was not the benevolence many thought at the time (and some still do) it was a sort of guarantor that money would be available should it be 'really needed'. No fans group could offer that.
However the real question is how we go forward from here. Tale a deep breath and recognise that the past 15 years failings cannot be turned round in a season, or two, - or continue to rip up the carraiges to feed the locomotive as we try to keep the ptomotion at all costs plan going.
Yes, we can and should, learn from previous mistakes, but to carry on with them is sheer lunacy | | | |
| Shareholders on 16:28 - Mar 9 with 1721 views | sotd78 |
| Shareholders on 12:25 - Mar 8 by longtimefan |
No wonder the wife tried to stop me then |
The club put names of shareholders into a match day programme - i asked them not to do that for me as I didn't want the wife knowing I had put £200 into the coffers of a desperate football club.
Those shares are worthless. The club has had innumerable opportunity to reward those loyal or mug enough - a free ticket to the first cup game each season would cost so very little and yet would be the sort of engagement. Even a free pint.
Heavens may be Paul Lambert could buy all the shareholders a pint? |  |
| Blue shirts/white shorts - sotd78 |
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| Shareholders on 16:28 - Mar 9 with 1720 views | Freddies_Ears |
| Shareholders on 15:31 - Mar 9 by north_stand77 |
All what things, what exactly do they do? |
Events with current players and management, open to all fans.
Quite apart from what is now a huge community programme, there have been first team players several times in the Fanzone matchdays, there's the open day in the summer, socials in Ipswich and Felixstowe, plus meet-the-club evenings (on and off-field) management in Ipswich and London. All free. | | | |
| Shareholders on 17:44 - Mar 9 with 1705 views | WeWereZombies |
| Shareholders on 15:35 - Mar 9 by PrideOfTheEast |
Perhaps although I'm not sure. The point stands. |
My point is that it doesn't, and that is even before we start to discuss the basis of valuation. | |
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| Shareholders on 19:49 - Mar 9 with 1664 views | Ryorry |
| Shareholders on 13:37 - Mar 9 by carlisleaway |
Think you are all wrong, without David Sheepshanks we would not have taken part in 3 playoff semi finals, one play off final, finishing 5th back in the Premiership, a European tour and new stands behind both goals..Give the guy some credit, he would also face up to fans even in the darkest hour. |
Literally - can't remember ME going up into the stands to sit and chat with fans at away games, let alone at night games hundreds of miles away, as Sheepy did at Newcastle. Sheepy was a fan himself & genuinely cared about ITFC and us fans. [Post edited 9 Mar 2020 19:52]
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| Shareholders on 22:45 - Mar 9 with 1627 views | north_stand77 |
| Shareholders on 16:28 - Mar 9 by Freddies_Ears |
Events with current players and management, open to all fans.
Quite apart from what is now a huge community programme, there have been first team players several times in the Fanzone matchdays, there's the open day in the summer, socials in Ipswich and Felixstowe, plus meet-the-club evenings (on and off-field) management in Ipswich and London. All free. |
Hardly the same thing.
We were invited to the football club, offered drinks and were able to chat and have photos with all first team players and the current manager of that time in a relaxed environment on a small scale. Not the same as the Fanzone or the Open day at all.
If somebody bought £5000 worth of shares, they were given a box for one game the following season (I know of one such person) plus a few other smaller benefits.
I agree with the idea that a couple of free tickets could be given for one game each season. After all, there's plenty of empty seats around PR so it's no skin of ME's nose - just some kind of gesture to those people who gave an average of £629 each to help the club when they needed it.
I'm sure most shareholders did it because they love the club but that doesn't mean they shouldn't be remembered every so often BY the club | | | |
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