I wonder if any of the investors may take over as plc Chair, thus ending Mr. Buckley's multi year search for a succession plan.

Has the £400K been mentioned yet

Am not impressed by Bertrand. He seems very keen to be running the football side but looks way off the requisite ability and experience.

Dividends?

The deal is basically invest in the ground to get capacity up and some operating boost but not enough to make us a Lge One promotion candidatw

I think that the investment is going to be via them buying a new class of shares which are non-voting but entitled to the “economic value” of the club (no idea how that would work but doubtless it is covered in the info pack)

I saw it it as an £87m deal over five years, £16m purchase of 34% equity,Which the club can use on football, bond reayment etc plus the £71m so not a loan

If the club is valued at say £60 million in 5 years time, they would be entitled to £54 million ... if they wanted to sell and there was a buyer. Does that make sense?

It's not loans lol

Hmmmm ... True. Oh well: it's a mystery!

If it is loans it can't go on the playing budget so I imagine it won't be

£71m capital spend spread over five years strongly suggests ground development will be a big part. Maybe South & East plus training ground. A lot of take in

Just returned to Stacey's slide on Twitter. "Initial equity followed by capital injections" - so I guess not through shares, but it doesn't seem to say whether that will be capital loans or what. So I guess they will do it by putting debt on the club that they then make money off through charging interest. That would then tie in with "up to 90% of economic value"?

Just coming in on this so apologies - would they upgrade any stands at plough lane as part of the deal?

They arent issuing shares, DT always keep control.

Yeah i think we get to retain the ground plus 10% of the new com value in five year's time. Don't know what the 10% would be worth vs now. Plus we get 17p dividend spread over those five years

Economic value

They can't Trebor, going below 50% is another restricted action that we definitely haven't voted for. We really need a definition of what this "football value" (or whetever the phrase is) means. They'll own 90% of that

Amounts to the same thing as there’s no way we’d be able to run things going forwards.

Up to 90%, OI? That's how I read it, though I haven't been paying a whole load of attention. Each time they put in an annual sum they will do it by issuing shares to themselves?

Surely it would be 34% of the club is up for sale and so is the "football value"

I suspect the exit plan will be "Whoops, we can't meet our annual commitments, the club's up for sale" - all part of the fun of being football fans!

Maybe that’s “doesn’t keep us in the championship”…

So if the average league 1 club loses £7.6m a year, and they are investing £87m over 5 years, how and after what length of time will they make a profit?

That answer about exit is not good enough. Yes they might not be seeking a quick exit like US private equity but even long term investments need a potential exit plan so what does that look like for SSC is a valid question that wasn’t answered.