| 700m ring-fenced in cash 14:01 - Apr 12 with 6541 views | Blueastheycome |
For ITFC according to Mark Steed- the chief investment officer of the pension fund on Twitter
I think I need a beer and a lie down [Post edited 12 Apr 2021 14:02]
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| 700m ring-fenced in cash on 14:51 - Apr 12 with 1226 views | jeera |
I read it as the whole £13 billion.
It's very disappointing then. |  |
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| 700m ring-fenced in cash on 14:52 - Apr 12 with 1227 views | chrismakin |
| 700m ring-fenced in cash on 14:46 - Apr 12 by Metal_Hacker |
I honestly think if we get 1% of that $700m for the playing staff this Summer we've done well but I could be wrong . One other problem being , not many League 1 players go for much more than £500k to be honest. Then again with 7-8 players we need there's £4m already , add wages and admin - there's the 1% |
I don't want to see alot of big money moves, which I still doubt we would get in league 1 anyway, but i'd hope the money would enable us not to lose out on players who get offered 10% more for example. But I worry if we start getting above ourselves and we start seeing £2 mill Lee Martins coming in. |  |
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| 700m ring-fenced in cash on 14:53 - Apr 12 with 1215 views | Metal_Hacker |
| 700m ring-fenced in cash on 14:50 - Apr 12 by clive_baker |
Mine are firmly on the ground too, I'll believe 700m investment into ITFC when I see it.
It's pure guess work, but I would imagine they'll invest what they think they need to this summer to make us competitive next year, but it won't be silly. It'll mostly be paying attractive L1 wages to freebies I imagine and Cook building out his squad here. They'll no doubt be happy to suck up a loss, as Evans was, but as with anything the more ST's we sell the bigger the pot for Cook I would imagine.
It's once we're in the Championship that things will be interesting, as they could then turn the taps on to give us a shot of the riches of the PL. If that, by some miracle, is this summer, then their fresh enthusiasm for it coupled with what would have been an enjoyable couple of months for us all would make things really juicy. That's why the next 7 (+3 perhaps) games could be so vital. Not a disaster if we don't go up, but I really do think it could be one hell of a summer of activity if we managed it. [Post edited 12 Apr 2021 14:52]
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Exactly this I feel . Once in the Champ it could be a totally different animal but still relatively conservative .They're hear as an investment opportunity and will be investing wisely I'm sure |  |
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| 700m ring-fenced in cash on 14:53 - Apr 12 with 1224 views | PhilTWTD |
| 700m ring-fenced in cash on 14:51 - Apr 12 by jeera |
I read it as the whole £13 billion.
It's very disappointing then. |
Surely if we had that much to play with we could just launch a hostile takeover of Chelsea and amalgamate the two clubs.
This post has been edited by an administrator |  | | |
| 700m ring-fenced in cash on 14:54 - Apr 12 with 1191 views | chrismakin |
| 700m ring-fenced in cash on 14:53 - Apr 12 by PhilTWTD |
Surely if we had that much to play with we could just launch a hostile takeover of Chelsea and amalgamate the two clubs.
This post has been edited by an administrator |
and lose to West Brom 5-1, no thanks | |
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| 700m ring-fenced in cash on 14:55 - Apr 12 with 1189 views | PhilTWTD |
| 700m ring-fenced in cash on 14:50 - Apr 12 by clive_baker |
Mine are firmly on the ground too, I'll believe 700m investment into ITFC when I see it.
It's pure guess work, but I would imagine they'll invest what they think they need to this summer to make us competitive next year, but it won't be silly. It'll mostly be paying attractive L1 wages to freebies I imagine and Cook building out his squad here. They'll no doubt be happy to suck up a loss, as Evans was, but as with anything the more ST's we sell the bigger the pot for Cook I would imagine.
It's once we're in the Championship that things will be interesting, as they could then turn the taps on to give us a shot of the riches of the PL. If that, by some miracle, is this summer, then their fresh enthusiasm for it coupled with what would have been an enjoyable couple of months for us all would make things really juicy. That's why the next 7 (+3 perhaps) games could be so vital. Not a disaster if we don't go up, but I really do think it could be one hell of a summer of activity if we managed it. [Post edited 12 Apr 2021 14:52]
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Very much in line with what Mike O'Leary said on Wednesday: "We’ve got funding that we think is pretty good and we will take it in a step-wise appropriate manner.
"We know what we think we need to do to be able to get from where we are to the Championship, and we know pretty much what we need to do if we’re going to go a step beyond that and try and get to the Premier League." | | | |
| 700m ring-fenced in cash on 14:58 - Apr 12 with 1163 views | chrismakin |
| 700m ring-fenced in cash on 14:55 - Apr 12 by PhilTWTD |
Very much in line with what Mike O'Leary said on Wednesday: "We’ve got funding that we think is pretty good and we will take it in a step-wise appropriate manner.
"We know what we think we need to do to be able to get from where we are to the Championship, and we know pretty much what we need to do if we’re going to go a step beyond that and try and get to the Premier League." |
Phil, side note. Is Bennetts back yet | |
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| 700m ring-fenced in cash on 14:59 - Apr 12 with 1153 views | Metal_Hacker |
| 700m ring-fenced in cash on 14:58 - Apr 12 by chrismakin |
Phil, side note. Is Bennetts back yet |
I thought it was Phil "Ham" ? | |
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| 700m ring-fenced in cash on 15:01 - Apr 12 with 1138 views | PhilTWTD |
| 700m ring-fenced in cash on 14:58 - Apr 12 by chrismakin |
Phil, side note. Is Bennetts back yet |
I believe so, played for the U23s last week. | | | |
| 700m ring-fenced in cash on 15:06 - Apr 12 with 1099 views | jeera |
| 700m ring-fenced in cash on 14:53 - Apr 12 by PhilTWTD |
Surely if we had that much to play with we could just launch a hostile takeover of Chelsea and amalgamate the two clubs.
This post has been edited by an administrator |
Singing Blue is the Colour wouldn't feel right knowing it was theirs first.
And 'Chelswich, Chelswich get that ball' doesn't quite have a ring to it.
They'll have to adapt to Singing the Blues I guess.
Or maybe Ebenezer Braaan in a faux cockney accent. | |
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| 700m ring-fenced in cash on 15:07 - Apr 12 with 1099 views | hype313 |
| 700m ring-fenced in cash on 14:50 - Apr 12 by clive_baker |
Mine are firmly on the ground too, I'll believe 700m investment into ITFC when I see it.
It's pure guess work, but I would imagine they'll invest what they think they need to this summer to make us competitive next year, but it won't be silly. It'll mostly be paying attractive L1 wages to freebies I imagine and Cook building out his squad here. They'll no doubt be happy to suck up a loss, as Evans was, but as with anything the more ST's we sell the bigger the pot for Cook I would imagine.
It's once we're in the Championship that things will be interesting, as they could then turn the taps on to give us a shot of the riches of the PL. If that, by some miracle, is this summer, then their fresh enthusiasm for it coupled with what would have been an enjoyable couple of months for us all would make things really juicy. That's why the next 7 (+3 perhaps) games could be so vital. Not a disaster if we don't go up, but I really do think it could be one hell of a summer of activity if we managed it. [Post edited 12 Apr 2021 14:52]
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Indeed, also worth noting that it would be counter productive to come out and say we have X as a warchest as when it comes to negotiations in the summer people might start demanding vastly over inflated salaries. |  |
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| 700m ring-fenced in cash on 15:17 - Apr 12 with 1064 views | Mullet |
| 700m ring-fenced in cash on 14:50 - Apr 12 by clive_baker |
Mine are firmly on the ground too, I'll believe 700m investment into ITFC when I see it.
It's pure guess work, but I would imagine they'll invest what they think they need to this summer to make us competitive next year, but it won't be silly. It'll mostly be paying attractive L1 wages to freebies I imagine and Cook building out his squad here. They'll no doubt be happy to suck up a loss, as Evans was, but as with anything the more ST's we sell the bigger the pot for Cook I would imagine.
It's once we're in the Championship that things will be interesting, as they could then turn the taps on to give us a shot of the riches of the PL. If that, by some miracle, is this summer, then their fresh enthusiasm for it coupled with what would have been an enjoyable couple of months for us all would make things really juicy. That's why the next 7 (+3 perhaps) games could be so vital. Not a disaster if we don't go up, but I really do think it could be one hell of a summer of activity if we managed it. [Post edited 12 Apr 2021 14:52]
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Clearly we are getting shot of PR and moving to the Saxmundham Thunder Dome as part of that. |  |
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| 700m ring-fenced in cash on 15:17 - Apr 12 with 1063 views | Ryorry |
| 700m ring-fenced in cash on 14:53 - Apr 12 by PhilTWTD |
Surely if we had that much to play with we could just launch a hostile takeover of Chelsea and amalgamate the two clubs.
This post has been edited by an administrator |
That'd certainly make travelling to home games a helluva lot easier for those of us oop North! |  |
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| 700m ring-fenced in cash on 15:43 - Apr 12 with 1021 views | PhilTWTD |
| 700m ring-fenced in cash on 15:06 - Apr 12 by jeera |
Singing Blue is the Colour wouldn't feel right knowing it was theirs first.
And 'Chelswich, Chelswich get that ball' doesn't quite have a ring to it.
They'll have to adapt to Singing the Blues I guess.
Or maybe Ebenezer Braaan in a faux cockney accent. |
Chelswich is great! One of those team names that Melchester Rovers used to play like Bradpool, Exogate Harriers or Everport Wanderers. | | | |
| 700m ring-fenced in cash on 15:52 - Apr 12 with 998 views | StokieBlue |
All funds have assets stored in various forms. That will include cash, equities, corporate bonds and government bonds. It's simply a way of both diversifying the risk of the portfolio and having funds available with different levels of access.
It's probably contractual to the funds they manage the people for that a certain percentage needs to be kept in cash as a "risk-free" asset.
There is no way that 700m or anything like it will be spent on ITFC.
SB [Post edited 12 Apr 2021 15:52]
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| 700m ring-fenced in cash on 15:53 - Apr 12 with 995 views | Mullet |
| 700m ring-fenced in cash on 15:52 - Apr 12 by StokieBlue |
All funds have assets stored in various forms. That will include cash, equities, corporate bonds and government bonds. It's simply a way of both diversifying the risk of the portfolio and having funds available with different levels of access.
It's probably contractual to the funds they manage the people for that a certain percentage needs to be kept in cash as a "risk-free" asset.
There is no way that 700m or anything like it will be spent on ITFC.
SB [Post edited 12 Apr 2021 15:52]
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I dunno, I reckon Snr has got close over the years.... | |
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| 700m ring-fenced in cash on 16:14 - Apr 12 with 948 views | Churchman |
As long there is enough to propel the club forwards, team and infrastructure, rather than cash starvation of the past years I’ll settle for that. |  | | |
| 700m ring-fenced in cash on 16:33 - Apr 12 with 904 views | HARRY10 |
| 700m ring-fenced in cash on 15:52 - Apr 12 by StokieBlue |
All funds have assets stored in various forms. That will include cash, equities, corporate bonds and government bonds. It's simply a way of both diversifying the risk of the portfolio and having funds available with different levels of access.
It's probably contractual to the funds they manage the people for that a certain percentage needs to be kept in cash as a "risk-free" asset.
There is no way that 700m or anything like it will be spent on ITFC.
SB [Post edited 12 Apr 2021 15:52]
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I would suggest that as it is a pension fund it will have pensions to pay on a regular basis and so will hold funds to meet those liabilities, rather than having to liquidate long term investments as money is needed.
I would suggest that the figures were quoted merely as a means to suggest that whatever is loaned to our new owners is not going to be needed back at short notice. |  | | |
| 700m ring-fenced in cash on 16:37 - Apr 12 with 892 views | Leaky |
| 700m ring-fenced in cash on 14:53 - Apr 12 by PhilTWTD |
Surely if we had that much to play with we could just launch a hostile takeover of Chelsea and amalgamate the two clubs.
This post has been edited by an administrator |
At least we would still be the Blues. Chelsea could be our feeder club |  | | |
| 700m ring-fenced in cash on 16:39 - Apr 12 with 889 views | PJH |
| 700m ring-fenced in cash on 15:07 - Apr 12 by hype313 |
Indeed, also worth noting that it would be counter productive to come out and say we have X as a warchest as when it comes to negotiations in the summer people might start demanding vastly over inflated salaries. |
Luckily nobody has yet heard that we have now got rich American owners then so that's alright. |  | | |
| 700m ring-fenced in cash on 16:58 - Apr 12 with 866 views | Deano69 |
Has there been any posts of idiots waving £50 notes ? |  |
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| 700m ring-fenced in cash on 16:59 - Apr 12 with 861 views | HARRY10 |
| 700m ring-fenced in cash on 16:39 - Apr 12 by PJH |
Luckily nobody has yet heard that we have now got rich American owners then so that's alright. |
It matters little either way
We will pay what we feel is right, irrespective of the money we have, or what is being asked | | | |
| 700m ring-fenced in cash on 17:07 - Apr 12 with 852 views | Leaky |
| 700m ring-fenced in cash on 16:58 - Apr 12 by Deano69 |
Has there been any posts of idiots waving £50 notes ? |
No. $50 notes maybe | | | |
| 700m ring-fenced in cash on 17:30 - Apr 12 with 825 views | Swansea_Blue |
| 700m ring-fenced in cash on 14:53 - Apr 12 by PhilTWTD |
Surely if we had that much to play with we could just launch a hostile takeover of Chelsea and amalgamate the two clubs.
This post has been edited by an administrator |
Or buy 14,444.4 Alan Judges |  |
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| 700m ring-fenced in cash on 07:28 - Apr 13 with 629 views | BryanPlug |
[content removed at owner's request] |  |
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