THE CONCRETE ROUNDABOUT (TCR)

I did see a mention somewhere about the AFC Bond Payments, can someone (Camdenite) give us a full understanding of what’s going on, so we can all get the full benefit of a bloody good laugh at their expense…….thanks in advance.

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Read the MELTDOWN after every game, no bullshit, just giving it straight

They owe 10mil to their Bond holders. The Bond’s financed their stadium. Their first payment or £3.4m is due in April 2025

I heard only 7 (that's 007) people bought them - through an agent I believe.

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Gimme Gimme Shock Treatment

We want to start a good old run on a bank style panic with investors. Get sleeping bags out. Form a queue. WE WANT OUR MONEY BACK!!!

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Anti-Labour Alliance

Yeah, that’s about as much as I know too.

I believe the bond runs for 5 years and will expire in April 2025, but the investors can roll it on for another 5 or 10 years. This is what the Toot want. Probably most of their fans will do this. However at inception the interest was very good, compared with other investments and many jumped on board with no connection to AFCW. If interest rates remain high many will want to cash in and move their money elsewhere. This will fuck AFCW over. No doubt they'll be issuing further bonds to get investment and stay ahead of the curve. Again however paying a higher rate of interest is a dangerous game, capped with regulation. May be the FCA will bugger them. They aren't keen on crowd funding bonds, especially when putting off Domesday and a spike in investors wanting their money.

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Anti-Labour Alliance

Interesting... I'll make some popcorn and watch and wait.

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I don't need your ill-informed, half-baked, idiotic opinions. I have plenty of those myself.

There's definitely been a tightening of regulation concerning bonds within the last 5 years. Would imagine most of their fan base investors are long standing supporters. Former Wimbledon fans. Not the younger crowd they've recently attracted, on the basis of price and ease, compared with Premier League neighbours.Back to these old folkes, 50's and beyond. How long will they want to defer cashing in, as they approach retirement or in their latter years...

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Anti-Labour Alliance

I get no joy in watching a club face financial hardship. Not even our biggest rivals.

Hopefully for the club & it's fans, they find a good solution.

Budget drastically cut. Mass exodus of players, replaced by youth team and non-contract players. Relegated out the FL. Wouldn't that be an enjoyable journey for Club Hate (convenient and fact ignoring hate).

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Anti-Labour Alliance