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Dragons Den - would you rescue/invest in BFC?
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LeeJCP Offline
Oyston Out

Posts: 1,304
Joined: Jan 2015
Post: #31
RE: Dragons Den - would you rescue/invest in BFC?
Wow some of the posts on this thread are beyond belief....
09-02-2018 17:37
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seasider Offline
Administrator

Posts: 59,364
Joined: Feb 2012
Post: #32
RE: Dragons Den - would you rescue/invest in BFC?
Yes not the best read. Had the potential to be a half decent thread. Will keep it open in the hope it will get back on topic.
09-02-2018 17:56
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Leesthedaddy Offline
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Posts: 2,575
Joined: Jan 2014
Post: #33
RE: Dragons Den - would you rescue/invest in BFC?
(09-02-2018 13:21)tangerinejezza Wrote:  What the fuck is roflol?

Rolling On Floor Laughing Out Loud.
Roflmao
09-02-2018 17:58
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Windridge Offline
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Posts: 795
Joined: Jan 2018
Post: #34
RE: Dragons Den - would you rescue/invest in BFC?
(09-02-2018 10:03)Bulls Eye Wrote:  Yes but according to their monicker they are a magician Windridge . Based on the evidence here - black magic of vile abuse, so beware they may cast a spell on you if you get too close. ROFLOL

Would you invest Windridge?

Would I invest?

If I did, financially I would wipe myself out.

I would love to own Blackpool Football Club, and so I suspect would 99% of the forum users.

However, I do not have the resources. Unless I could buy the club for £10, and immediately convert debt to equity, then no chance.

I do know of one or two people with deep pockets down in deepest darkest Cymru, and I am travelling up to Twickers tomorrow with one of them. Will definitely mention Blackpool over hospitality and a few bevvies during the match.
09-02-2018 18:55
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Bulls Eye Offline
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Posts: 272
Joined: Nov 2017
Post: #35
RE: Dragons Den - would you rescue/invest in BFC?
Quote:and immediately convert debt to equity, then no chance.

Thanks for the civil honest response Windridge and a return to sanity. ClapClap

What would be your business plan to convert debt to equity?
09-02-2018 20:19
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Windridge Offline
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Post: #36
RE: Dragons Den - would you rescue/invest in BFC?
Debt-to-equity swaps are common transactions in the financial world. They enable a borrower to transform loans into shares of stock or equity. Most commonly, a financial institution such as an insurer or a bank will hold the new shares after the original debt is transformed into equity shares.

Equity is money that's invested in a corporation or enterprise by owners who are called shareholders.

The shareholder usually receives voting rights and can vote in yearly meetings that concern the corporation or the enterprise’s management or next steps. The shareholder receives cash flow from equity he owns if the entity pays dividends. The shareholder might realize a profit, a loss, or no change in the original capital invested at all when he sells the equity.

In Blackpool FC's case, instead of continuing to make payments on debt, the club might agree to give the lender £x million or a percent ownership share in the company in exchange for erasing the debt.

This type of transaction most commonly occurs when a company is undergoing some financial difficulties so it isn't easily able to make the payments on its debt obligation.

The financial difficulties are anticipated to be long term so an immediate fix is necessary to restore financial equilibrium. A company might also want to improve its cash flow by converting debt to equity.

In some cases, lenders might suggest or request a debt-to-equity swap, while the corporation might ask for one in other situations.

Basically, it allows the debtor (in this case Blackpool FC) to fulfil its financial obligations (staff wages etc.) whilst also ensuring that the debt level is sufficiently and significantly reduced.
09-02-2018 20:28
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Bulls Eye Offline
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Post: #37
RE: Dragons Den - would you rescue/invest in BFC?
Doubt you would get any money off a Dragon in the Den with that business plan Windridge.

Good luck with selling the club at Twickers.
09-02-2018 20:35
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Windridge Offline
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Post: #38
RE: Dragons Den - would you rescue/invest in BFC?
(09-02-2018 20:35)Bulls Eye Wrote:  Doubt you would get any money off a Dragon in the Den with that business plan Windridge.

Good luck with selling the club at Twickers.

Thanks Bulls Eye, will certainly try to.

I think that the Cardiff City owner Vinny Tan has done something along those lines, but the debt owed (over £60m) was to be reduced over five years starting 2015.

They should be debt free by 2020, Blackpool FC could be as well once we are Oyston free.
(This post was last modified: 09-02-2018 20:40 by Windridge.)
09-02-2018 20:39
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Bulls Eye Offline
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Post: #39
RE: Dragons Den - would you rescue/invest in BFC?
Quote:So BE., Are you a member of a troop of escaped baboons, Who’ve obtained access to the web?

Still standing after the Special Brew and suitably refreshed, heres one for you TJ
https://www.youtube.com/watch?v=pHZneOidj9A
10-02-2018 23:32
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tangerinejezza Online
Not a penny more

Posts: 23,904
Joined: Jun 2012
Post: #40
RE: Dragons Den - would you rescue/invest in BFC?
(10-02-2018 23:32)Bulls Eye Wrote:  Still standing after the Special Brew and suitably refreshed, heres one for you TJ
https://www.youtube.com/watch?v=pHZneOidj9A

I take it , as that's a yes then .
11-02-2018 08:14
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Bulls Eye Offline
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Posts: 272
Joined: Nov 2017
Post: #41
RE: Dragons Den - would you rescue/invest in BFC?
Good morning TJ

https://www.youtube.com/watch?v=tUWOAJ0My9I
11-02-2018 08:58
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seasider Offline
Administrator

Posts: 59,364
Joined: Feb 2012
Post: #42
RE: Dragons Den - would you rescue/invest in BFC?
This is becoming a bit of a joke now. Unless relevant to the thread we don't want external links on this forum as it takes users away from Back Henry Street. They might get settled on YouTube and start watching a Croc v Hippo video and therefore we lose that poster for a period of time. It also disrupts the flow in a thread conversation.

I am saying this so you understand why random YouTube links will now be deleted. A mod isn't going to waste time constantly deleting links and then we will have no choice but to ban the poster posting random links. Not something we want to do so please take this as a friendly warning.
(This post was last modified: 11-02-2018 09:10 by seasider.)
11-02-2018 09:07
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Magic147 Offline
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Post: #43
RE: Dragons Den - would you rescue/invest in BFC?
You've done it now - he'll start embedding croc v hippo videos on every thread.
11-02-2018 09:08
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seasider Offline
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Post: #44
RE: Dragons Den - would you rescue/invest in BFC?
(11-02-2018 09:08)Magic147 Wrote:  You've done it now - he'll start embedding croc v hippo videos on every thread.

I was speaking from personal experience. Love a good animal fight on YouTube although I draw the line with some animals as difficult to watch. The massive centipede v mouse is a good one.

I think this thread is dead so comfortable with chatting bollocks although I praise Win for attempting to save it.
(This post was last modified: 11-02-2018 09:14 by seasider.)
11-02-2018 09:12
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McPoolmob Offline
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Posts: 4,376
Joined: Jan 2014
Post: #45
RE: Dragons Den - would you rescue/invest in BFC?
(11-02-2018 09:08)Magic147 Wrote:  You've done it now - he'll start embedding croc v hippo videos on every thread.

Is female mud wrestling still ok?
11-02-2018 09:12
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