| One burning question... 09:19 - Apr 8 with 1268 views | ArnieM |
Where does the majority owner of Town , ORG, get its money from to finance this Club going forwards? |  |
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| One burning question... on 09:20 - Apr 8 with 1249 views | jayessess |
pension fund |  |
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| One burning question... on 09:23 - Apr 8 with 1216 views | ArnieM |
| One burning question... on 09:20 - Apr 8 by jayessess |
pension fund |
Thank you Jayessess ....but I thought that was from the Three Lions proportionate owner? | |
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| One burning question... on 09:24 - Apr 8 with 1203 views | Cheltenham_Blue |
| One burning question... on 09:23 - Apr 8 by ArnieM |
Thank you Jayessess ....but I thought that was from the Three Lions proportionate owner? |
ORG own 90% of GameChanger20.
The Yanks own 5%
Evans owns the other 5%
Have you read any of the statements? |  |
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| One burning question... on 11:30 - Apr 8 with 1089 views | ArnieM |
| One burning question... on 09:24 - Apr 8 by Cheltenham_Blue |
ORG own 90% of GameChanger20.
The Yanks own 5%
Evans owns the other 5%
Have you read any of the statements? |
yes I did and listen to all the vidoes thanks ...But wasn't sure WHERE the funds come from for ORG …(I know they own 90%) but that doesn't answer my question re funding routes does it . I thought the Three Lions used the USA Pension as funding , not ORG .Hence my question really.
No need to get arsey , I was simply asking a question. | |
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| One burning question... on 11:39 - Apr 8 with 1040 views | Cheltenham_Blue |
| One burning question... on 11:30 - Apr 8 by ArnieM |
yes I did and listen to all the vidoes thanks ...But wasn't sure WHERE the funds come from for ORG …(I know they own 90%) but that doesn't answer my question re funding routes does it . I thought the Three Lions used the USA Pension as funding , not ORG .Hence my question really.
No need to get arsey , I was simply asking a question. |
As was I.
I wasn't getting Arsey at all.
ORG are the main owners. "GC20" are the 'front' for ORG and will do the day to day running of the investment. Ed Schultz, (MD of ORG) is on the board of GC20, but the decision making will be left to 'The Three Lions' and Mike O'leary for now.
Once a CEO is appointed, he will run the club full stop. Mike O'Leary will revert to being a non executive Chairman, (think Sheppy when ME came in) and will act as support for the CEO, whoever that might be.
The CEO will be an employee of the club and will report to GC20, who will in turn be responsible for progressing toward a profit based business model for ORG.
That in a nutshell, is why they not only have to go for the Prem, but also to increase the revenue of the club.
Expect a smaller squad, players bought with the intention of selling at huge profit, genuine moves to create a better match day experience to get more into the ground and to spend more, and more concerts and events.
You know, the way we should have been run for the last 10 years. [Post edited 8 Apr 2021 11:42]
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| One burning question... on 11:43 - Apr 8 with 1010 views | Parky |
| One burning question... on 11:30 - Apr 8 by ArnieM |
yes I did and listen to all the vidoes thanks ...But wasn't sure WHERE the funds come from for ORG …(I know they own 90%) but that doesn't answer my question re funding routes does it . I thought the Three Lions used the USA Pension as funding , not ORG .Hence my question really.
No need to get arsey , I was simply asking a question. |
My understanding is that ORG’s funds are from the pension fund and Three Lions’ 5% is made up of their own money / businesses.
https://www.google.co.uk/amp/s/www.bbc.com/sport/football/56662790.amp
In the above article:
“In a statement, Evans - who owned the Suffolk side for more than 13 years - said ORG "manage funds on behalf of a large US pension fund", with Ed Schwartz acting as their representative on the board.” [Post edited 8 Apr 2021 11:45]
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| One burning question... on 12:04 - Apr 8 with 958 views | MJallday |
I should do a Microsoft paint of all of this |  |
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| One burning question... on 12:05 - Apr 8 with 950 views | jeera |
| One burning question... on 12:04 - Apr 8 by MJallday |
I should do a Microsoft paint of all of this |
This is what's missing. |  |
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| One burning question... on 12:07 - Apr 8 with 932 views | chicoazul |
The Feds. Babylon. The Po Po. |  |
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| One burning question... on 12:53 - Apr 8 with 840 views | itfcsuth |
90% of GC20 Ltd owner through ORG Portfolio Management LLC - with Edward Schwartz sitting on the board as representation for ORG.
I think ORG's latest portfolio breakdown was this
AUM:
Pooled investment vehicles: $185,700,480
Pension and profit sharing plans : $11,812,356,233
Charitable organisations : $149,059,508
The Pension Fund (which won't name - don't know what we are and aren't allowed to disclose on here) is much greater than what ORG have under management.
But as with all funds, the investments they make are supposed to be both well-judged and diversified, to really help prevent significant losses - and it looks as though ORG Portfolio Management have a small % of the wider fund under management.
ORG Portfolio Management LLC also operate ORG AZ Secondary Opportunity Fund LP which is a basic Real Estate Fund with $228.9m AUM. |  | | |
| One burning question... on 14:39 - Apr 8 with 687 views | ArnieM |
| One burning question... on 11:39 - Apr 8 by Cheltenham_Blue |
As was I.
I wasn't getting Arsey at all.
ORG are the main owners. "GC20" are the 'front' for ORG and will do the day to day running of the investment. Ed Schultz, (MD of ORG) is on the board of GC20, but the decision making will be left to 'The Three Lions' and Mike O'leary for now.
Once a CEO is appointed, he will run the club full stop. Mike O'Leary will revert to being a non executive Chairman, (think Sheppy when ME came in) and will act as support for the CEO, whoever that might be.
The CEO will be an employee of the club and will report to GC20, who will in turn be responsible for progressing toward a profit based business model for ORG.
That in a nutshell, is why they not only have to go for the Prem, but also to increase the revenue of the club.
Expect a smaller squad, players bought with the intention of selling at huge profit, genuine moves to create a better match day experience to get more into the ground and to spend more, and more concerts and events.
You know, the way we should have been run for the last 10 years. [Post edited 8 Apr 2021 11:42]
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Many thanks for that CB . Much appreciated . Sorry to get off on wrong foot so to speak. | |
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| One burning question... on 14:43 - Apr 8 with 664 views | eireblue |
Burning question,.......Fireman Pension fund,.....well done Arnie, genius. |  | | |
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