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Topic: Purchasing the full club
1. Author: RMGpar Date: Sat 18th Jan 2025. 14:05 Big commitment purchasing the full club. So many questions also , what does this mean for current board member. The stadium is still in a holding company ? Reply
2. Author: Dave_1885 Date: Sat 18th Jan 2025. 14:14 Don’t think stadium would be included in the sale as not owned by the club. The way they spoke in statement they have their own team coming in and 13 members of other group are gone. Reply
3. Author: RMGpar Date: Sat 18th Jan 2025. 14:20 Good! Total rebuild was needed this board was outdated. Reply
4. Author: cammypar 1995 Date: Sat 18th Jan 2025. 14:27 Hopefully cook and his buddies get shown the door. c'mon the pars Reply
5. Author: cfad Date: Sat 18th Jan 2025. 14:31 Who now owns the other 0.16% of the club? Reply
6. Author: da_no_1 Date: Sat 18th Jan 2025. 14:35 cfad, Sat 18 Jan 14:31 Who now owns the other 0.16% of the club? Adam Warlock "Some days will stay a 1000 years, some pass like the flash of a spark" Reply
7. Author: jake89 Date: Sat 18th Jan 2025. 14:41 cfad, Sat 18 Jan 14:31 Who now owns the other 0.16% of the club? I imagine it`s the shares any fan could buy. They`ll have bought out the Germans, Pars Utd and maybe bigger shareholders like Braisby? While I`m grateful to all the local directors who have worked tirelessly, I think a fresh broom will help (hopefully!). Reply
8. Author: wetherby Date: Sat 18th Jan 2025. 15:46 Who now owns the other 0.16% of the club? There are a number of shareholders ( c100+) who hold small stakes in DAFC Ltd.I received revised Articles of Association late last night which facilitate the acquisition of all shareholdings over ,I think, 1,000 meaning if you hold fewer than that they are not being acquired. It was late last night when I was reviewing document so I may have got the detail wrong. Reply
9. Author: Back_oh_the_net Date: Sat 18th Jan 2025. 17:07 da_no_1, Sat 18 Jan 14:35 cfad, Sat 18 Jan 14:31 Who now owns the other 0.16% of the club? Adam Warlock How many pusses did he punch to get it though? Reply
10. Author: parsfan Date: Sat 18th Jan 2025. 18:41 wetherby, Sat 18 Jan 15:46 Who now owns the other 0.16% of the club? There are a number of shareholders ( c100+) who hold small stakes in DAFC Ltd.I received revised Articles of Association late last night which facilitate the acquisition of all shareholdings over ,I think, 1,000 meaning if you hold fewer than that they are not being acquired. It was late last night when I was reviewing document so I may have got the detail wrong. Probably the same thing I got. I presumed it was to tell me mine were being compulsory purchased. I didn`t pick up on the bit about 1,000 so might have missed other things, but it seemed very bland and non-sinsister legalese. ~~~~~~~~~~~~~~~~~~~~~~~~ The universe is ruled by chance and indifference Reply
11. Author: McCaig`s Tower Date: Sat 18th Jan 2025. 21:07 I got this as well, but I only glanced at it. I didn`t pick up the reference to 1,000 at first (I initially searched for 1000 but I needed to put in a comma...) but it differentiates between "Key shareholders" and others. I did note reference to "Tag along" and "Drag along" options, terms with which I am unfamiliar. Is this referring to the ability for small shareholders to able to sell their shareholdings as well, and for the buyers to compel such a sell? I know for listed companies this is normal - not sure of the rules for private companies. I`ll maybe do some research and post back here. Permitting fans to own a small number of shares is normally a good way of fostering community engagement by giving the illusion that they can have a say in the running of their club. What is more concerning is that any protections that the fans have via the PST or PUCIC may be lost? Post Edited (Sat 18 Jan 21:08) Reply
12. Author: Raymie the Legend Date: Sat 18th Jan 2025. 21:22 cammypar 1995, Sat 18 Jan 14:27 Hopefully cook and his buddies get shown the door. Won’t happen any time soon. It was all the fault of those pesky gmbh people. It`s bloody tough being a legend Ron Atkinson - 1983 Post Edited (Sat 18 Jan 21:23) Reply
13. Author: parsfan Date: Sat 18th Jan 2025. 22:37 Just a thought, not expecting anyone to know or trying to stir things up, just curious. The Germans had 30-odd% of the shares and the loan thing to take them up to 70-something (exact numbers don`t really matter). That leaves 20+ owned by PUCIC which have also been sold. Where does that money go? ~~~~~~~~~~~~~~~~~~~~~~~~ The universe is ruled by chance and indifference Reply
14. Author: jake89 Date: Sat 18th Jan 2025. 22:48 parsfan, Sat 18 Jan 22:37 Just a thought, not expecting anyone to know or trying to stir things up, just curious. The Germans had 30-odd% of the shares and the loan thing to take them up to 70-something (exact numbers don`t really matter). That leaves 20+ owned by PUCIC which have also been sold. Where does that money go? Into paying off loans? Reply
15. Author: par-91 Date: Sat 18th Jan 2025. 23:10 parsfan, Sat 18 Jan 22:37 Just a thought, not expecting anyone to know or trying to stir things up, just curious. The Germans had 30-odd% of the shares and the loan thing to take them up to 70-something (exact numbers don`t really matter). That leaves 20 owned by PUCIC which have also been sold. Where does that money go? Whatever money is paid for the shares, will go to shareholders that sold the shares. I’d imagine the money Pars United receive for their shares will likely go to Pars United shareholders. That’s just my assumption and not necessarily what will happen. Reply
16. Author: Bertie Paton Date: Sun 19th Jan 2025. 02:09 “Our vision for the club is both ambitious and long-term. We aim to build a team that not only competes at the highest level but also inspires pride on and off the pitch. Spending at the highest level ya roasters.... No more loser attitude. No more ``living true sportsmanship``. Loser behaviour Reply
17. Author: Never10yairds Date: Sun 19th Jan 2025. 03:29 I agree with Bertie Paton, I always disliked “Living true sportsmanship”, it was a losers mantra. I hope the new owners replace it with something centred around doing anything for the win. Reply
18. Author: galapar Date: Sun 19th Jan 2025. 08:10 Does anyone have the link for the list of shareholders, I got the club email too and am interested in seeing what direction the new owners are taking us. Reply
19. Author: wee eck Date: Sun 19th Jan 2025. 11:33 We were told in the media that one of the main hurdles facing any deal was that the consortium already held an interest in a Spanish club, Cordoba, and this meant the SFA would not allow it to hold more than a 29.9% interest in a Scottish club. We`re now told the co-owners hold 99.84% of the shares in the club. Does anyone know how this was achieved without causing the SFA concern? Reply
20. Author: pars4life1 Date: Sun 19th Jan 2025. 11:51 The 29.9% figure came from the likes blooms investment in hearts. They were restricted to that due to having majority shares in other clubs. Bond etc interest in cordoba is a minority one. Reply

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