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AFC Bond Payments
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Author:  WellDon [ Fri May 24, 2024 4:45 pm ]
Post subject:  AFC Bond Payments

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.

Author:  East Wing Don [ Fri May 24, 2024 5:29 pm ]
Post subject:  Re: AFC Bond Payments

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

Author:  Aliramone [ Fri May 24, 2024 5:57 pm ]
Post subject:  Re: AFC Bond Payments

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

Author:  Council Kev [ Fri May 24, 2024 7:04 pm ]
Post subject:  Re: AFC Bond Payments

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!!!

Author:  Camdenite [ Sat May 25, 2024 7:32 am ]
Post subject:  Re: AFC Bond Payments

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


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

Author:  Council Kev [ Sat May 25, 2024 8:51 am ]
Post subject:  Re: AFC Bond Payments

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.

Author:  keyser soze [ Sat May 25, 2024 9:34 am ]
Post subject:  Re: AFC Bond Payments

Council Kev wrote:
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.

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

Author:  Council Kev [ Sat May 25, 2024 10:30 am ]
Post subject:  Re: AFC Bond Payments

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...

Author:  Chadman [ Sun May 26, 2024 1:22 am ]
Post subject:  Re: AFC Bond Payments

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.

Author:  Council Kev [ Sun May 26, 2024 9:59 am ]
Post subject:  Re: AFC Bond Payments

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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