QoS99 Posted February 11 Share Posted February 11 4 hours ago, HighlandQueen said: Have we attempted to seek out investment? One of my best friends bought Sunderland with investment, sold it and has now bought Charlton with American backing. It’s not impossible to do. I will happily connect our Board to him if they want to learn about what he has done. I don’t just accept it can’t be done. One of your best friends is Charlie Methven? 0 Quote Link to comment Share on other sites More sharing options...
Nithsdale Wanderer Posted February 11 Share Posted February 11 4 hours ago, Kunter said: and bringing some community spirit back into the club. Think we are doing quite well on that one are we not ? 0 Quote Link to comment Share on other sites More sharing options...
Nithsdale Wanderer Posted February 11 Share Posted February 11 4 hours ago, HighlandQueen said: One of my best friends bought Sunderland Not a great recommendation. They have been a basket case for years and massively underachieved because they have had no stability off the field. 0 Quote Link to comment Share on other sites More sharing options...
Monkey Tennis Posted February 11 Share Posted February 11 See when people talk of investment, what do they really mean? Surely, investment usually involves putting money into something in order to be able to make more money on it later. I fail to see how that's any sort of viable prospect for anyone with us, or a side of around our size/level. If we'd just like someone to give us money, then fair enough. Again though, it doesn't strike me as that likely, because it's hard to make it sound appealing for anyone. I'd be wary about being too open to any passing chancers. Did we not have some interest from a consortium down South a few years back, that sounded like a bad idea? 0 Quote Link to comment Share on other sites More sharing options...
MazzyStar Posted February 11 Share Posted February 11 5 hours ago, HighlandQueen said: Have we attempted to seek out investment? One of my best friends bought Sunderland with investment, sold it and has now bought Charlton with American backing. It’s not impossible to do. I will happily connect our Board to him if they want to learn about what he has done. I don’t just accept it can’t be done. Was he the one in the Sunderland documentary? 0 Quote Link to comment Share on other sites More sharing options...
Kunter Posted February 11 Share Posted February 11 2 hours ago, Parttimesupporter said: One of the problems Queens have is the spread of shareholdings. There are 150,000 shares spread between around 1,000 shareholders. The vast majority are fans who bought small amounts of shares when the Club was in financial trouble a few years back. According to the last statement on Companies House (former chairman) Davie Rae is the biggest shareholder, with around 24%. It is quite hard to look at the rest of the ownership as the list is very long and not quite in alphabetical order. I think Billy Hewitson is second biggest with around 6%. There are a number of other reasonable sized shareholding so a takeover is problematic regardless of who wants to take over. It also doesn't help that the relationship between the Board and the Supporters Trust is very poor. I thought he sold his shares to Hewitson? I looked on company house and couldn't see Davie Rae listed 0 Quote Link to comment Share on other sites More sharing options...
Slipmat Posted February 11 Share Posted February 11 2 minutes ago, MazzyStar said: Was he the one in the Sunderland documentary? Aye, that's your boy. I seem to recall he left Sunderland under a bit of a cloud and was as toxic to many Sunderland fans as Hewitson is to some Queens supporters. Early days for him at Charlton, but they are presently languishing in their lowest league position - ever. 51 minutes ago, Nithsdale Wanderer said: Think we are doing quite well on that one are we not ? Our community work is something that we are indeed doing well. You rarely hear news about anything happening on the commercial front though, as someone pointed out on here earlier this week. I'm not suggesting for one moment that anything underhand took place but it strikes me as being a trifle unfortunate that the shirt sponsorship draw has been won by businesses owned by club directors three times in the last 20 years. The shirt draw has served us well in it's time, but maybe actively seeking a shirt sponsor directly rather than asking businesses to participate in an annual lottery in the current economic climate may be a better option? 0 Quote Link to comment Share on other sites More sharing options...
die hard doonhamer Posted February 11 Share Posted February 11 2 hours ago, Kunter said: I thought he sold his shares to Hewitson? I looked on company house and couldn't see Davie Rae listed The latest confirmation statement shows 2 shareholdings under the name of David Rae, one for 10 shares, the other for 36,233 shares. 0 Quote Link to comment Share on other sites More sharing options...
HighlandQueen Posted February 11 Share Posted February 11 4 hours ago, QoS99 said: One of your best friends is Charlie Methven? Yup 0 Quote Link to comment Share on other sites More sharing options...
HighlandQueen Posted February 11 Share Posted February 11 3 hours ago, Nithsdale Wanderer said: Not a great recommendation. They have been a basket case for years and massively underachieved because they have had no stability off the field. If you see the work he did to sort out the state they were left you would be seriously impressed. They laid the groundwork for the better days ahead and found them very competent new owners. 0 Quote Link to comment Share on other sites More sharing options...
HighlandQueen Posted February 11 Share Posted February 11 2 hours ago, Slipmat said: Aye, that's your boy. I seem to recall he left Sunderland under a bit of a cloud and was as toxic to many Sunderland fans as Hewitson is to some Queens supporters. Early days for him at Charlton, but they are presently languishing in their lowest league position - ever. Our community work is something that we are indeed doing well. You rarely hear news about anything happening on the commercial front though, as someone pointed out on here earlier this week. I'm not suggesting for one moment that anything underhand took place but it strikes me as being a trifle unfortunate that the shirt sponsorship draw has been won by businesses owned by club directors three times in the last 20 years. The shirt draw has served us well in it's time, but maybe actively seeking a shirt sponsor directly rather than asking businesses to participate in an annual lottery in the current economic climate may be a better option? Charlie was never viewed other than well by the support when I attended a match with him. Top guy with brilliant football knowledge and did a fantastic job that IMHO he never got the credit or financial reward he really deserved. Yes tough times at Charlton. I would have thought Michael Appleton would have done better. Early days though. I had Charlie at the Airdrie home game last year and he really enjoyed standing on the Portland Road terracing and seeing Gav score. He had nothing but good things to say about his experience. Super nice guy 0 Quote Link to comment Share on other sites More sharing options...
19QOS19 Posted February 11 Share Posted February 11 26 minutes ago, HighlandQueen said: Charlie was never viewed other than well by the support when I attended a match with him. Were you in a box or in the crowd? 0 Quote Link to comment Share on other sites More sharing options...
HighlandQueen Posted February 11 Share Posted February 11 1 minute ago, 19QOS19 said: Were you in a box or in the crowd? Crowd and at 500 person fan event at the Roker hotel the night before. He was massively unlucky as they lost with a last minute goal to Portsmouth in the playoff final that year. Supporters lionised him and we kept getting stopped for selfies in the pub before the game. 0 Quote Link to comment Share on other sites More sharing options...
Greenacres Posted February 11 Share Posted February 11 3 hours ago, Monkey Tennis said: See when people talk of investment, what do they really mean? Surely, investment usually involves putting money into something in order to be able to make more money on it later. I fail to see how that's any sort of viable prospect for anyone with us, or a side of around our size/level. If we'd just like someone to give us money, then fair enough. Again though, it doesn't strike me as that likely, because it's hard to make it sound appealing for anyone. I'd be wary about being too open to any passing chancers. Did we not have some interest from a consortium down South a few years back, that sounded like a bad idea? This is why it is very difficult to get investment. We can't even get a local firm to sponsor.us hence the shirt draw What you really need is someone who has a huge amount of spare cash who wants to own a football club not expecting to get money back sadly not many of those folk around . Somehow Carlisle have done it is not impossible but very difficult . -1 Quote Link to comment Share on other sites More sharing options...
Parttimesupporter Posted February 11 Share Posted February 11 4 hours ago, Kunter said: I thought he sold his shares to Hewitson? I looked on company house and couldn't see Davie Rae listed The list of shareholders is tricky to navigate as it is so big and not quite in alphabetical order but the last one filed does show Davie Rae holding 36,233 shares (page 44 of the first document on the list). QUEEN OF THE SOUTH FOOTBALL CLUB, LIMITED filing history - Find and update company information - GOV.UK (company-information.service.gov.uk) 1 Quote Link to comment Share on other sites More sharing options...
the_palmy_pie Posted February 11 Share Posted February 11 53 minutes ago, Greenacres said: This is why it is very difficult to get investment. We can't even get a local firm to sponsor.us hence the shirt draw What you really need is someone who has a huge amount of spare cash who wants to own a football club not expecting to get money back sadly not many of those folk around . Somehow Carlisle have done it is not impossible but very difficult . No local company is going to spend £80,000 ( what the draw usually makes ) a season to sponsor Queens ffs. The shirt draw is a great idea and very successful. 0 Quote Link to comment Share on other sites More sharing options...
Slipmat Posted February 11 Share Posted February 11 (edited) 1 hour ago, HighlandQueen said: Crowd and at 500 person fan event at the Roker hotel the night before. He was massively unlucky as they lost with a last minute goal to Portsmouth in the playoff final that year. Supporters lionised him and we kept getting stopped for selfies in the pub before the game. Didn't he refer to some of the Sunderland supporters as "parasites" and say that northerners had no business acumen? https://www.sunderlandecho.com/sport/football/sunderland-afc/you-wont-be-missed-sunderland-fans-delighted-as-charlie-methven-finally-exits-stadium-of-light-3740639 Edited February 11 by Slipmat to add link 0 Quote Link to comment Share on other sites More sharing options...
Fae_the_'briggs Posted February 11 Share Posted February 11 7 minutes ago, the_palmy_pie said: No local company is going to spend £80,000 ( what the draw usually makes ) a season to sponsor Queens ffs. The shirt draw is a great idea and very successful. Did it not attract a record number of entries last season or this? Businesses and individuals must think it's wothwhile even in the current financial climate. If so, well done to those that participated and to the Club's Commercial Dep't. 1 Quote Link to comment Share on other sites More sharing options...
HighlandQueen Posted February 11 Share Posted February 11 19 minutes ago, Slipmat said: Didn't he refer to some of the Sunderland supporters as "parasites" and say that northerners had no business acumen? https://www.sunderlandecho.com/sport/football/sunderland-afc/you-wont-be-missed-sunderland-fans-delighted-as-charlie-methven-finally-exits-stadium-of-light-3740639 To be fair it did go a bit Pete Tong in the latter days!!!! 0 Quote Link to comment Share on other sites More sharing options...
FrankReynolds Posted February 11 Share Posted February 11 11 hours ago, HighlandQueen said: Have we attempted to seek out investment? One of my best friends bought Sunderland with investment, sold it and has now bought Charlton with American backing. It’s not impossible to do. I will happily connect our Board to him if they want to learn about what he has done. I don’t just accept it can’t be done. The "investment" you're talking about was sunderlands own premier league parachute payments he used to buy the club and the £10 million "investment" he tried to claim he secured for the club turned out to be a loan with a high repayment percentage. You don't have a clue. 0 Quote Link to comment Share on other sites More sharing options...
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