St Pats Take over.

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13/03/2007, 12:28 PM
pete

Quote:

Originally Posted by Ebmania

Anybody got news on the takeover talk in the Sun today that said a US Company had bought up a million euros worth of shares in Pats.

No disrespect to Pats but 1 million euro could buy you half the Premier division teams including Pats.
13/03/2007, 12:32 PM
TheSaint2002

not when you take shareholders into account many have pumped a lot money in over the years and deserve a tasty slice of the cake
13/03/2007, 12:47 PM
Ebmania

Quote:

Originally Posted by THESAINT2002

not when you take shareholders into account many have pumped a lot money in over the years and deserve a tasty slice of the cake

What u mean the Story will come out. You got any info on this.
13/03/2007, 12:52 PM
Dodge

All will be revealed later. Check out www.saintsforum.tk
13/03/2007, 12:59 PM
TheSaint2002

no info but just thinking if these people (current shareholders) pumped money in over the years they should be entitled to some of it back because unsubstantiated rumours have it that 100 % stake in the club is being sought by the mystery investors. I for one wouldnt begrudge anyone trying to claw some of their cash back after giving pats a dig out over years.but speculation is irrelevant i suppose better to talk about the ins and out after the announcement.
13/03/2007, 1:01 PM
monkey magic

Quote:

Originally Posted by THESAINT2002

no info but just thinking if these people (current shareholders) pumped money in over the years they should be entitled to some of it back because unsubstantiated rumours have it that 100 % stake in the club is being sought by the mystery investors. I for one wouldnt begrudge anyone trying to claw some of their cash back after giving pats a dig out over years.

so roughly how many shares do you have??:p
13/03/2007, 1:06 PM
TheSaint2002

Quote:

so roughly how many shares do you have??

;) ;) ;)
13/03/2007, 1:19 PM
Dr.Nightdub

Quote:

Originally Posted by WeAreRovers

Doc, I'll join your Patrons Club or 500 Club or whatever it's called if Richmond is still a football ground in 5 years time.

Definitely bookmarked! I was tempted to put money on this with youse before but that would've been unfair insider trading. So as a compromise way of lightening your wallet, that'll do nicely! :D

You were just dazzled by WWS' apparent sudden untypical outbreak of good sense and didn't see you were being sold a dummy. Putting two and two together from what I've heard over the last couple of months, I'm convinced this one's the real deal - if it's not I'll join your 400 Club in five years' time. (And no, for any smartarses, I am NOT a member already :p )

As regards this alleged million being invested, any glance through the CRO records would show that's the book value of Gerry Mulvey's shareholding alone. Given the fact that he'd want a return on his investment, it stands to reason there's got to be more than a million involved here.

DvB was actually unwittingly close with his TSTBARP though, but not in the way he thought. Hopefully the full details will be revealed later today - stay in touch with your pals in the news room! ;)
13/03/2007, 1:25 PM
wws

Quote:

Originally Posted by Dr.Nightdub

Definitely bookmarked! I was tempted to put money on this with youse before but that would've been unfair insider trading. So as a compromise way of lightening your wallet, that'll do nicely! :D

You were just dazzled by WWS' apparent sudden untypical outbreak of good sense and didn't see you were being sold a dummy. Putting two and two together from what I've heard over the last couple of months, I'm convinced this one's the real deal - if it's not I'll join your 400 Club in five years' time. (And no, for any smartarses, I am NOT a member already :p )

As regards this alleged million being invested, any glance through the CRO records would show that's the book value of Gerry Mulvey's shareholding alone. Given the fact that he'd want a return on his investment, it stands to reason there's got to be more than a million involved here.

DvB was actually unwittingly close with his TSTBARP though, but not in the way he thought. Hopefully the full details will be revealed later today - stay in touch with your pals in the news room! ;)

would you go and do one u hooped ballox
13/03/2007, 1:34 PM
DvB

Quote:

Originally Posted by Dr.Nightdub

Definitely bookmarked! I was tempted to put money on this with youse before but that would've been unfair insider trading. So as a compromise way of lightening your wallet, that'll do nicely! :D

You were just dazzled by WWS' apparent sudden untypical outbreak of good sense and didn't see you were being sold a dummy. Putting two and two together from what I've heard over the last couple of months, I'm convinced this one's the real deal - if it's not I'll join your 400 Club in five years' time. (And no, for any smartarses, I am NOT a member already :p )

As regards this alleged million being invested, any glance through the CRO records would show that's the book value of Gerry Mulvey's shareholding alone. Given the fact that he'd want a return on his investment, it stands to reason there's got to be more than a million involved here.

DvB was actually unwittingly close with his TSTBARP though, but not in the way he thought. Hopefully the full details will be revealed later today - stay in touch with your pals in the news room! ;)

To use your much used catchphrase, bookmarked!!

Koh
13/03/2007, 2:43 PM
Dodge

Hoopdub, will you ever learn?!
14/03/2007, 9:58 AM
green-blood

great,a benevolent benefactor... good for Pats.

Now, simple question - why?
14/03/2007, 10:06 AM
Ringo

Kerr was appointed to the new role by new owner Garrett Kelleher, a 44-year-old property developer

http://www.shelbournedevelopment.com/

http://www.rte.ie/sport/2007/0314/stpats.html
14/03/2007, 10:42 AM
geysir

Quote:

Originally Posted by Ringo

Kerr was appointed to the new role by new owner Garrett Kelleher, a 44-year-old property developer
http://www.shelbournedevelopment.com/
http://www.rte.ie/sport/2007/0314/stpats.html

So he owns the club, lock stock and barrel?
14/03/2007, 10:52 AM
wws

yes he did
14/03/2007, 10:55 AM
A face

Have Pats sold their soul ?? :confused:
14/03/2007, 10:57 AM
WeAreRovers

Quote:

Originally Posted by A face

Have Pats sold their soul ?? :confused:

Asks the fan of a 20-year-old club. :eek:

KOH
14/03/2007, 10:59 AM
wws

Quote:

Originally Posted by A face

Have Pats sold their soul ?? :confused:

PATS WERE OWNED 90% BY A PREVIOUS INVESTOR - he sold his stake to Kelleher's group - the other 10% of small holders (are i think, open to correction) legally obliged to sell on in these cases - they would have got the main sellers price as well
14/03/2007, 11:04 AM
OneRedArmy

Quote:

Originally Posted by TheSaint2002

not when you take shareholders into account many have pumped a lot money in over the years and deserve a tasty slice of the cake

I must have missed the bit in business school where an investment should be valued on the level of cash burned in previous years.

Are we back in the dotcom era?
14/03/2007, 11:06 AM
paudie

Quote:

Originally Posted by Ringo

Kerr was appointed to the new role by new owner Garrett Kelleher, a 44-year-old property developer

http://www.shelbournedevelopment.com/

jeez, lads ye've been caught.

Obviously a plot by Ollie to get a Premier licence.

Expect Pats to drop the white sleeves on their jerseys, change name to Shelbourne 07 and move to Tolka Park for next season.;)

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