I did the maths on this the other day . If you put 100k shares for 51% of the club even at an inflated price of say 60mil , that’s just over 30 mil . It works out to about 310 dollars per share .
At that price with that amount of volume , you would have a massive uptake . You limit the initial release at 1 per person , no more than 5 per house hold , (to stop someone buying a bulk of the shares and gaining a monopoly. If you struggle to sell them , then obviously re- release to those who want to buy more , it at 310 dollars seriously that’s a Christmas present to Mum/ dad/son/daughter/hubby/wife .
For me that would and could be the answer have the constitution of the ownership group have a 51% share of the club with 2 elected board members , and potentially the Tigers Members ownership group having thier own board .( how that’s funded would be a further matter , but eg. An annual 100 dollar tax deductible fee) , the HBG take a minority share of 10 percent , Balmain 10 percent , wests Cambo buy thier 10% with the option to buy out HBG if they choose. The last 10% could be divided up , maybe given between the 3 former owners of the club equally , sold to a private company or whatever .
That would absolutely work , and I’m positive the club would sell 100k shares at those prices.
I’m positive they could sell the shares at 500 dollars each , and put the excess money on top of the valuation back into the club, do reinvestment in commercial assets to maintain the viability of the club moving forward .
For me this would be a unique , forward thinking idea , that couldn’t be anymore wests tigers at all…
At that price with that amount of volume , you would have a massive uptake . You limit the initial release at 1 per person , no more than 5 per house hold , (to stop someone buying a bulk of the shares and gaining a monopoly. If you struggle to sell them , then obviously re- release to those who want to buy more , it at 310 dollars seriously that’s a Christmas present to Mum/ dad/son/daughter/hubby/wife .
For me that would and could be the answer have the constitution of the ownership group have a 51% share of the club with 2 elected board members , and potentially the Tigers Members ownership group having thier own board .( how that’s funded would be a further matter , but eg. An annual 100 dollar tax deductible fee) , the HBG take a minority share of 10 percent , Balmain 10 percent , wests Cambo buy thier 10% with the option to buy out HBG if they choose. The last 10% could be divided up , maybe given between the 3 former owners of the club equally , sold to a private company or whatever .
That would absolutely work , and I’m positive the club would sell 100k shares at those prices.
I’m positive they could sell the shares at 500 dollars each , and put the excess money on top of the valuation back into the club, do reinvestment in commercial assets to maintain the viability of the club moving forward .
For me this would be a unique , forward thinking idea , that couldn’t be anymore wests tigers at all…
