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I want numbers of who added what to the amount

 

It’s about to happen. They’re doing it this summer.

 

Thanks

 

Did they mention about trying to buy out Lee and Conway ?

 

i am going to presume , but not fact

Parekh said only contact he has had with Chien and Lee is emailing them to tell them they had been voted off.
and again presume there was no reply as he didn't mention that

That they are not part of the equity injection
no idea of the legality of how these things work but seems incredibly odd for some shareholders to inject money and others not
would have thought the say 1 million would be split into parts based on your share %
if say for instance .they kept injecting cash and lets say the club got to the premier league .and then Lee and Chien sold there shares for a huge profit

i presume they are all for other people injecting funds into the club( asset) and them possibly benefiting from it
or have i missed something ?

 

Possibly shows the club have run out of money and need it to continue to trade,show confidence to suppliers and the bank and EFL? One for the Accountants.

 

I agree with this.
£1m injection goes nowhere near making up for £6m relegation.

Tiny steps though. It's a start.

 

I am sure also a big part of it is
is that they are saying we are putting our hands in our pockets
not just you etc.

i was expecting them to announce a small cash injection
ala we are all in this together we've got our wallets out .....now get yours out !!

 

The owners injecting £1m is currently about a month’s salary roll. Probably gives a small amount of working capital which provides a bit or wriggle room prior to player sales.

An injection from only a select group of shareholders is again quite strange as it basically gives benefit to the totality of the shareholders with only some meeting the expense. If this is an equity injection this would typically be done as a rights issue which would in essence dilute the holding of the shareholders not participating.

 

The funds are injected in exchange for shares though, so if certain shareholders don’t contribute, it’s possible their percentage shareholding may be diluted. Depends what’s in the relevant shareholder agreements / company constitution.

 

He did also intimate that they could call on the Board for further funds if the initial £1m proves insufficient.
I take that to mean they will wait to see what revenue flows into the club - season ticket sales, player sales etc and then assess what the shortfall actually is.

 

Not heard anything new here really to make me commit to a season ticket. Squabbling owners. Minimal investment. A confused recruitment model.

 

Very thoughtful and knowledgeable answers from Neerav. I genuinely think he wants success for the club. He seems a good guy to me. But there is nothing in this to suggest that we will be able to move from an underfunded, low investment club who will at best remain a League One/Championship yoyo club. Our best players will continue to be sold, and I see little prospect of a gradual upscaling of the team in the way of even a modest version of the Brentford way.

 

I didn't get the impression of a confused recruitment model. I thought he was pretty clear that the way forward is through data identifying potential targets, based on the premise that over the last few years' recruitment data has been right far more than wrong, and that the majority of our bad signings have been the result of straying away from the data approach.
He was also clear that the data model covers ALL players, not just youngsters, and that he accepts the need for the squad to have a balance of youth and experience.

 

Not sure how anyone thinks we can be the new Brentford. There’s plenty of bigger clubs than us who’d aspire to that. Brentford have had major investment to get where they are right now. Let’s keep things realistic, we’ve been a selling club for almost all of the nigh on 50 years I’ve been a follower.
Right now I just want a football club that tries to make a success of things on the field and is flexible enough to sign players of all ages and experience to make that happen. Also a club that values it’s fans. The new board are making a few right noises and the £1m investment might not be much but it’s a start. Let’s give them a chance.
Rome wasn’t built in a day….

 

Was there any update on the managerial position.?

 

Brentford owner investment, over £100m. Last accounts show £104.1m

When our owners put in £1m that will be a net investment of £250,000.

 

If you revisit my post you will see that I said even a modest version of the Brentford way. By that I mean a gradual improvement in the quality of the squad over a period of time. I do not mean that we can imitate the success of Brentford, which requires much more investment and even then is a rare thing. If we settle for no improvement then we are simply a trading company and we might as well give up.