Re: 1000 Shares Issue!!!
 

:mad::(:eek:Redraine is right. We need action NOW.
TRANSPENCY = Give us the facts about the actual financial state NOW.
HONESTY = DON and the board admitting that they need help NOW.
EFFECTIVE MANAGEMENT = Positive action with UNITY to get the bill paid this week.
Q to DON - Why no statement on the club website follwing the court appearance and a thankyou to Ilyas for last minute rescue?
All the supporters want is some clear and honest information and to know DON's intentions.

Re: 1000 Shares Issue!!!
 

I know and it adds up, £116k in fund, use £30k to buy shares leaves £86k, they might have sold £10k's worth and thats gone back to where it was borrowed from, that gives you the £96k, they just didn't sell the other £20k's worth in time.
I might be wrong but thats the way I'm looking at it for now

Re: 1000 Shares Issue!!!
 

Iretract what i said in my post and now hope if not totaly believe this .. SHARES WOULD BE PAID FOR WHEN THE SHARES WERE SOLD :o

Re: 1000 Shares Issue!!!
 

There is a thank you to the fans on the fishy site and also a reminder about the share issue. What person in their right mind is going to buy a share package now to help a club run by a downwright LIAR with Whalley still at his side pulling the strings. Is this bloke an idiot. If he and Whalley disappeared then the share package might be a success.

Share issue????
 

I can't help thinking this is yet another ill thought out proposition from the unprofessional management of the club... how on earth can you value the football club that owns nothing ( Not even the ground) and owes a fortune at around 2.5 million whos decided this amount because if you sell 1000 share issues at £250 then this is all for 10% of the club you dont need to be Carol vordeman to work out they think the club is worth 2.5 million and why on earth would anyone in their right mind put £250 of their hard earned money into a bottomless pit run by people who could not run a p*** up in the Crown

Re: Share issue????
 

It is not one share that is on sale for £250. IT IS A SHARE PACKAGE. Read the notice. The package consists of one share, one shirt, one frame for the share, 10 match tickets and discount off hospitality packages and discount off in the club shop. The share in itself is probably £10. Work that out.

Re: Share issue????
 

The share might cost £10, but it's worth nowt to any potential investor while the carboard millionaire remains hidden behind the board room curtains.

Re: 1000 Shares Issue!!!
 

This idiot will be buying one.

It’s not that bad of an Idea. Mr. Khan wanted Mr. O’Neil to recapitalise the club for no personal gain in return for all debts paid (around £500k?)

Mr. O’Neil floated 1000 Class B shares + Package and if sold will net over £300k for the club.

By buying a Share I get a Limited Issue Shirt plus entry into ten games of my choice and a Share in Accrington Stanley….****ing marvellous, what a fantastic idea and I’m going to be one of only a 1000 people to have one.

This is not about investment; it’s about rising funds both SOS and Long term….it really quite attractive and its helping Accrington Stanley.


I actually think that Mr. Khan is a very credible individual and I feel certain that in time we will get the opportunity to buy actual shares as an investment…...(this is if your not hoping to make anything from them in this or any other life time).

Re: 1000 Shares Issue!!!
 

Re: 1000 Shares Issue!!!
 

Re: Share issue????
 

it was quoted in the paper yet again that 10% of the club was up for this share issue cant remember they guys name who had quit but that was said in the paper 10% of the club would be up for grabs in this share issue 1000 @£250 to me that means someone probably that o'neil ****** or Rob (i could'nt run a chip shop) Hayes has valued the club at 2.5 million it is simple realy when you work it out

Re: 1000 Shares Issue!!!
 

Re: Share issue????
 

Tickler - Please read the thread from the beginning. The share is valued at £10, this makes the club valued at £100,000. The package costs £250. The package consists of ONE SHARE = £10, ONE FRAME = £10, ONE SHIRT = £40, TEN TICKETS TO GAMES = £150, 10% OFF HOSPITALITY AND CLUB SHOP = £40, THIS TOTALS £250. It is simple really when you work it out.

Re: Share issue????
 

.....But only on the assumption that the B shares have the same nominal value as the A shares.

Anyway, irrespective of the pigs bum that is the ASFC balance sheet, the biggest asset that ASFC has is the intangible one - namely, the "Goodwill" generated by the brand name. Unfortunatly, under current accounting standards an accurate valuation cannot be made for this.

Re: 1000 Shares Issue!!!
 

Well this is another idiot that has paid for one!!!!! Remember it is for A.S.F.C. Not EW/DON!!!

Re: 1000 Shares Issue!!!
 

If Mr O'Neill had the best interests of Accrington Stanley in any form of priority he would've (failing the acceptance of the ASSF offer) donated a percentage of his own shares to be sold on as parts of packages; not used donated money to buy shares from another shareholder. A nice certificate to have on the wall or a club for the future? I know which one I'd prefer for Christmas.

Re: 1000 Shares Issue!!!
 

anyone who has purchases one of these shares going forward needs to hand themsleves into the the nearest mental asylum.

Re: 1000 Shares Issue!!!
 

I shall book myself into one for even contemplating buying one, know any good ones:D

Re: 1000 Shares Issue!!!
 

O'Neill hasn't got any shares to donate. Where is the money raised from this share issue going to go? Remember O'Neill has already given Whalley £100k to save the Club in 2008 and he wants his money back.

Re: 1000 Shares Issue!!!
 

So don't buy the shares until we know what the future holds.

Re: 1000 Shares Issue!!!
 

if that is true, it obviously didn't happen, so why has o'neill not made this public knowledge,:confused: possibly even call in the law.:(

Re: 1000 Shares Issue!!!
 

anyone can access the companies house information and see who are directors of accrington stanley and get share issue information for a small fee

according to the information i got from companies house last week (cost me a £1) is that there are 6 directors and 2 secretarys of accrington stanley ltd and oneil or hayes are not on the list as either and eric whalley has been removed as a director from the 3rd august 2009 frank martindale had his directorship erminated on the 5th june 2009 so if the powers that be are in control how come they are not directors ??? am i missing something

probably

Re: 1000 Shares Issue!!!
 

Dunno Tickler:confused: Perhaps aint directors so they can't resign.:D

Re: 1000 Shares Issue!!!
 

As far as I know.
If the company goes bust, the directors will be banned from holding a directorship elsewhere, so they can't start up a new company.
Also shar holders will be chased for the debt of the company.

Re: 1000 Shares Issue!!!
 

Nice picture of Frank in with the other Directors at Grimsby??? Don't understand then,if he is no longer a Director.Think he sits with D'On etc at home games as well :rolleyes::rolleyes:

Re: 1000 Shares Issue!!!
 

It's a Limited company, nobody will be chased for the debt of the company.

Re: 1000 Shares Issue!!!
 

That's good.
Is the information about directors right though?

Re: 1000 Shares Issue!!!
 

Whatever is registered at Companies House is legally correct.

Re: 1000 Shares Issue!!!
 

No, I meant directors of a failed company, being banned from being directors of other companies.

Re: 1000 Shares Issue!!!
 

yes its ture although the length of time they are banned can be varied

imho thats why PM stepped down as it was a huge risk to his other business and he could foresee the appeal failing long before anyone else ie without taking IK offer the club were unable to pay the debt

how right was that!

Re: 1000 Shares Issue!!!
 

Thanks Katei, That's why, in my opinion, O'Neill's name is not at companies house.

Re: 1000 Shares Issue!!!
 

you have hit the nail on the head he can run the club into the gound and walk away

EW is not bothered as far as i aware he is not a director for any other businesses thats why he also stepped down

most of the other directors are semi/fully retired so wouldnt effect them much

the remaining directors i am unsure of what postion this would leave them in if the club was wound up ie are they directors of other businesses

1000 Shares
 

If I was to apply and sent off the form, when would they take the money?
What if the club folded (sorry for being negative) and they had took my money?

Re: 1000 Shares Issue!!!
 

Thats quite a dilemma something hard to answer, we dont know for sure how much short we are atm. If the club goes bust then u would have shares in nowt plus lose out on the package offers included.

Re: 1000 Shares Issue!!!
 

So is the share issue still on??? If so count me in???

Re: 1000 Shares Issue!!!
 

I'm sure that it will still be on, or at the very least there will be an amended form of it as Ilyas did talk about the need for recapitalisation on the radio yesterday.

Count me in as well now :)

Re: 1000 Shares Issue!!!
 

Yep - it's still on. I had a call from Martin Edmundson this aft.

I told him I'd hung back until the Club's future had been decided and he said that was pretty much the view of everybody he'd spoken to.

He also told me that all the prices are now inclusive of VAT so the entry level price is a straight 250 of your English pounds.

A new dawn indeed.

Re: 1000 Shares Issue!!!
 

Unless you are V.A.T. Registered, I believe? :confused: :)

Re: 1000 Shares Issue!!!
 

Is there any indication yet on future convertability to 'A' shares which would give full voting rights?

Re: 1000 Shares Issue!!!
 

wouldn't know about that - I'm a fully paid up member of the proletariat

Re: 1000 Shares Issue!!!
 

If you are registered then it's only £217.39 :). It's an interesting one to decide if you can claim vat back. Not sure if the actual share is vatable anyway, but the match tickets and the shirt will be. If the shirt becomes office furniture then I guess thats reclaimable.If you give the tickets away to customers though you can't claim the vat back. Probably easier to forget the reclaim :D

Re: 1000 Shares Issue!!!
 

Maybe they need to reword the offer then - £217.39 + VAT for a framed shirt with a free share and tickets thrown in :rolleyes:

Re: 1000 Shares Issue!!!
 

I think the problem they have is that the offer is aimed at both the general public and the business world. Any price shown for sale to the general public has to be vat inclusive if I recall correctly.

Re: 1000 Shares Issue!!!
 

as anyone got one yet???????

Re: 1000 Shares Issue!!!
 

Paid for one - yes
I don't expect to receive anything until December though

Re: 1000 Shares Issue!!!
 

Paid and had confirmation from the club that it's been processed. Like K.S.H. I'm not expecting anything until December.

Re: 1000 Shares Issue!!!
 

looks i will be getting one for xmaxs but i know not

Re: 1000 Shares Issue!!!
 

My money has been taken from my credit card but no confirmation received from the club.
teach - did you ask for a specific number? has this number been shown in your confirmation?

Re: 1000 Shares Issue!!!
 

Stephen 666 - I e-mailed the club (Martin Edmondson) he replied pretty quickly confirming that my application had been processed and that I've been given the number I asked for.

Re: 1000 Shares Issue!!!
 

Got it's own designated new member of staff according to today's programme:confused:

Re: 1000 Shares Issue!!!
 

Mick Schultz by any chance, they put every job they can on to him :rolleyes:

Re: 1000 Shares Issue!!!
 

Do you have Martins's e-mail address so I can contact hom for confirmation, thanks.

Re: 1000 Shares Issue!!!
 

[email protected]
Hope this helps.

Re: 1000 Shares Issue!!!
 

Thanks teach:), I have just e-mailed him.

Re: 1000 Shares Issue!!!
 

Email bounced :-( how is his surname spelt? Edmondson or Edmundson?

Re: 1000 Shares Issue!!!
 

Just a guess,but perhaps you have a D missing !!!!!!!!!!

Re: 1000 Shares Issue!!!
 

Doh !!!!! . . . . . . . I have, my fault sorry :mad:

Re: 1000 Shares Issue!!!
 

Ok, so I sent the email and have had no response.
They were very quick to take my money but not quick in responding to my query.
Looks like communication is lacking in all departments.
I also know of another Stanley fan interested in the share issue scheme and is still awaiting a reply from an email he sent on saturday.

I only live 200 yards from the ground, perhaps as a customer I should should do all the work myself and walk down and ask them in person?

Re: 1000 Shares Issue!!!
 

stephen, i have noted your point. I cant answer all queries (at least not yet !), but i promise you that someone will get back to you. can you PM me your email address. thanks

Ilyas

Re: 1000 Shares Issue!!!
 

Dealing with people 'face to face' , it could be the future !!!!

Re: 1000 Shares Issue!!!
 

Only 500 available now not 1000, if you picked a number above 500 then start thinking of a new one

Re: 1000 Shares Issue!!!
 

Err....a couple of questions:

1) Has the share issue now been reduced to 500, or is it that there are now just 500 left?

2) Has there been any statement made yet on convertability and/or voting rights with this B share issue. Voting rights make the issue a far, far more attractive proposition.

3) Has anyone done an updated search at Companies House in regard to the latest position on formal directors/shareholders?

Re: 1000 Shares Issue!!!
 

1) no
2) no
3) no

Re: 1000 Shares Issue!!!
 

It's been reduced to 500

Re: 1000 Shares Issue!!!
 

Why hasn't there been an announcement to this effect and why has it been reduced?

Nothig new has been lodged at Companies House

Re: 1000 Shares Issue!!!
 

This is from Official site:- one or two mistakes though,

Accrington Stanley Football Club Ltd Share Issue Package

Click here to download the Application Form

Be an official shareholder of Accrington Stanley's future
10% of Accrington Stanley Football Club’s existing shares are on general sale through an exclusive Share Issue Package. The Accrington Stanley Share Issue Package offers supporters of the football club from around the world to be part of the ownership at Accrington Stanley Football Club ltd as an official share holder. There are 1000 official shares available through a range of different profile packages providing the opportunity for fans to be listed in the club’s official shareholder register, invited to Annual General Meetings, be entitled to the company’s financial accounts as well as receive a limited edition Save Our Stanley new home strip, official certificate plus 10 Flexi-tickets.

Each Share Issue Package includes the following as standard:

1x Company B Share
1x Share Certificate
(personalised with code)
1x Replica home shirt
(embroided)
10x Flexi-tickets
1x 10% off Voucher (i)
Merchandise (at the Crown Ground Store)
1x 10% off Voucher (ii)
Match Day Hospitality/Sponsorship packages


There are four packages available:

Platinum: £1000
SOS 001, SOS 500

Limited Company Share and Official Certificate numbered SOS 001/500/999/1000 with limited SOS edition replica home shirt marked ‘SOS 001’/‘SOS 1000’ signed by full playing squad and management plus framed.


Gold: £500
SOS 002 to SOS 040

Limited Company Share and Official Certificate with corresponding SOS edition home shirt as worn by the squad in 2009/10 season £500

Silver: £500
SOS 041 to SOS 100 plus SOS 200/ 300/ 400 + SOS 500

Limited Company Share and Official Certificate with corresponding SOS edition replica home shirt and signed by an Accrington Stanley squad member of your choice £


Bronze: £250
SOS 101 to SOS 499 (excl hundreds)

Limited Company Share and Official Certificate with corresponding SOS edition replica home shirt £250

Package Upgrades Available:
Framed edition: additional £50 - Gold, Silver, Bronze packages only.
For all framed edition upgrades, the shirt will automatically be provided at Small-Senior size.

Management upgrade: additional £100
SOS Home Shirt signed by Management team and photo opportunity with John Coleman and Jimmy Bell

Player upgrade: additional £100
SOS Home Shirt signed by ASFC first team player of your choice with photo opportunity
Step one
There are a range of Share Packages available to choose from, just pick the ideal package that suits your needs and contact the club with your completed application form.

Email
[email protected]

Post:
Share Issue Package Scheme

Re: 1000 Shares Issue!!!
 

Re: 1000 Shares Issue!!!
 

Continue to read on the OFFICIAL SITE and you will now find the following

Become an Official Accrington Stanley Shareholder:

Shares
Ownership of a Limited Company ‘B’ Share is an official stake in Accrington Stanley Football Club Ltd whereby the holder is listed in the official company register, invited to company AGMs, plus entitled to annual financial accounts.
Accrington Stanley Football Club Ltd consists of 2000 Category ‘A’ Shares plus 9,800 Category ‘B’ Shares. Each full share is of equal holding value. The Share Issue Package involves a selection of current Shareholders that have agreed to release a combined total of 500 existing Category B Shares back to the company which are now on general sale as part of a limited edition package.
As Share Packages are sold, the company shareholder register of Accrington Stanley football club limited will be amended accordingly, accommodating the details of each new shareholder.

Certificate
Upon purchasing a limited share, subject to the Memorandum and Articles of Association of the Company, a share certificate will be granted to the holder, dated and signed by the Company Director and Company Secretary. The share will also contain a unique SOS Reference listed between SOS 001 - 500 accordingly that coincides with the SOS Reference embroided on to the limited edition Save Our Stanley home shirt.

Shirt
Accrington Stanley Football Club has agreed a new kit supplier to provide playing and training kit, as well as replica shirts and other branded apparel for retail. 1000 home shirts will be produced as limited edition ‘Save Our Stanley 09’ shirts to commemorate the recent fundraising efforts and celebrate the of Accrington Stanley. Shirts acquired as part of the Share Issue Package will be fully embroided with the ‘Save Our Stanley 09’ message plus unique SOS Code Number that correlates to the numbered limited share acquired.


Flexi-Tickets
Included in each package are 10x Flexi-Tickets.
One Flexi-Ticket entitles one Adult/Concession/Child to attend any home league fixture and can be used for ten people for one game, one person for ten games or combinations thereof. The tickets do not carry an expiry date and can therefore be used for upcoming seasons. Flexi-Tickets are to be handed to turnstile operators of the chosen stand.
Flexi-Tickets are non-refundable and contain no cash value.

Sponsorship Vouchers
As well as becoming an official Shareholder at Accrington Stanley, you or your company can receive 10% off a Match Day sponsorship or hospitality visit. There are a range of sponsorship opportunities for each home fixture including Official Match Sponsor, Match Ball Sponsor, and Programme Sponsor. The sponsorship and hospitality includes a delicious, home made three course meal in the ‘Buy the House’ lounge, reserved sponsorship seats by the dug-outs or the option of watching the game inside the lounge, a half time presentation as a sponsor with signed Accrington Stanley Merchandise, complimentary match day programme and team sheet and exclusive pre game announcement by assistant manager Jimmy Bell.

Merchandise Voucher
Get 10% off your next visit to the Crown Store especially once it is restocked with branded attire and training gear from the new kit supplier.

Re: 1000 Shares Issue!!!
 

where?

sportsman

Re: 1000 Shares Issue!!!
 

Under "Share Issue Package" and the section which you have quoted.

Re: 1000 Shares Issue!!!
 

Yeah, I see it now Sherry.
It mentions both 1000 shares and 500 shares, they seem to be making it all very confusing :mad:

Re: 1000 Shares Issue!!!
 

matter resolved now on news page of fishy site.

500 shares now at the current price, 500 later at a higher price when the club is worth more

Re: 1000 Shares Issue!!!
 

Share Issue Latest
Thursday 19th Nov 2009

SOS Share Issue Campaign
With the support from new board members, Accrington Stanley Football Club has made the decision to limit the number of category B shares packages released for initial general sale.

The original 10% of the club’s shares on sale has been reduced to a total of 5% in order to focus the scheme on individuals and groups who have supported the club throughout the SOS Campaign.

Since the generous contribution from Ilyas Khan and Peter Marsden, the shareholders have seen the remainder of the HMRC debt repaid and the future of the club secured. Initially 1000 category B shares were issued for general sale as part of the popular Share Issue Package scheme. However, discussions about the bright future at Accrington Stanley Football Club under the new regime has highlighted the need to keep the initial shares with the fans and people who are involved in the club on a regular basis. The price of the packages has also been revised to incorporate the VAT accordingly.

The number of shares available has an initial limit of 500, with a further 500 as promised at a later date yet to be specified. Ilyas Khan and David O'Neill are now extremely confident that the future of the club is secure and this two tier release of share equity will allow passionate supporters to become a part of the heritage of Accrington Stanley and the bright future of ASFC. The second tier is expected to be released when the club has achieved independent financial stability and result based success. Therefore the second tier will be released at a higher face value to attract a wider audience of investor and increase revenue to benefit the club.

The full share package includes the limited company B share, a personalised share certificate with unique SOS reference, a limited edition SOS ASFC Joma jersey with the unique SOS reference plus ten tickets to any home league game valid for any season as well as discount vouchers for hospitality and merchandise at the Crown Ground.

For any more information regarding the share issue contact Martin Edmundson on 0871 434 1968 or email [email protected].

Re: 1000 Shares Issue!!!
 

matter now resolved then

Re: 1000 Shares Issue!!!
 

I wonder how many of the 500 shares allocated have been sold.

Re: 1000 Shares Issue!!!
 

I didn't ask for a specific number and got 118 and 119 so I hope it's at least that many.

Re: 1000 Shares Issue!!!
 

Not that simple to calculate. I asume that you got the £250 package and the numbers start at 101 so tha would mean only 19 have been sold.
People will also have been asking for specific numbers so these are impossible to workout without asking.

I originaly wanted 666 but can't have it now cause they have been reduced to 500.
I have 243 and my brother has 379.
I have e-mailed Martin just to ask how many have been sold but he hasn't got back to me yet.
Perhaps, when they will make an anouncement on the official website when they have been issued after the 1st of Dec.

Re: 1000 Shares Issue!!!
 

Just a reminder, your unofficial fan liaison man was on the ball and continues to this day looking out for the best interest of 'real' stanley fans

on the subject of these 1p shares, are they still recognised by the club?

Re: 1000 Shares Issue!!!
 

liase with the club, Ask Em.:D

Re: 1000 Shares Issue!!!
 

The SOS shares were not registered with companies house originally.
When Ilyas Khan took over he made sure that the people who had bought these where given a new share and consequent free share when he gave his shares away. These are recorded at Companies House.
When Andy invested in the club everybody's shares were diluted quite considerably.