Hallett investment (£3.5m)

[Quintrell Green]

Why do people need to know this? :crazy:

I genuinely don't understand the requirement to know the ins and outs of a cat's backside.

you don't want to know how much he's putting in ? you're not interested if he's putting in 2 million to cover the hole in finances ? or 5 million as he wants to push to the championship ? wow

He said at the fans forum that his final injection of cash had gone in and that would take care of the next 12 months.

Having checked my Company Law books SH has a months grace to report the purchase of additional shares to Companies House, notwithstanding the fact is PAFC is ONLY a private limited company. Had it been a public company it would have needed to have been reported to the Stock Exchange very quickly..

 

[philevs]

There you go, what he said.

I've never felt like looking into other people's purses.

No one is more open than Simon Hallett, yet people still want to nose about deeper and deeper.

He's chucked £20 million into our club, that says all I want (and need) to know.

Spot on, me too.

 

[Shadowknight]

SH knows a bit more about finance and investment than I do, so if he's happy, I'm happy.

fin.

 

[Keepitgreen]

Why do people need to know this? :crazy:

I genuinely don't understand the requirement to know the ins and outs of a cat's backside.

you don't want to know how much he's putting in ? you're not interested if he's putting in 2 million to cover the hole in finances ? or 5 million as he wants to push to the championship ? wow

He said at the fans forum that his final injection of cash had gone in and that would take care of the next 12 months.

Having checked my Company Law books SH has a months grace to report the purchase of additional shares to Companies House, notwithstanding the fact is PAFC is ONLY a private limited company. Had it been a public company it would have needed to have been reported to the Stock Exchange very quickly..

I didn't realise he'd bought extra shares.

 

[Knibbsworth]

SH knows a bit more about finance and investment than I do, so if he's happy, I'm happy.

fin.

No doubt you felt the same when Roy Gardner and Keith Todd were in the boardroom, with their London business world and investment banking backgrounds, their ambition to put Plymouth on the same football footing as Aston Villa or Everton. Top blokes! Impressive stuff.

You can never know too much about the financial health of your football club.

Hallett has made it clear that this is the last cash injection from him. Which might make some fans want to know why we need cash injections in the first place, when are we likely to need one again, and if so what is likely to happen if we can't secure the next one?
What kind of sums are we talking about?

Please don't berate the OP for asking an honest question. It likely isn't intended to scrutinise Simon Hallett or appear in any way suspicious of him.

 

[Shadowknight]

SH knows a bit more about finance and investment than I do, so if he's happy, I'm happy.

fin.

No doubt you felt the same when Roy Gardner and Keith Todd were in the boardroom, with their London business world and investment banking backgrounds, their ambition to put Plymouth on the same football footing as Aston Villa or Everton. Top blokes! Impressive stuff.

You can never know too much about the financial health of your football club.

Hallett has made it clear that this is the last cash injection from him. Which might make some fans want to know why we need cash injections in the first place, when are we likely to need one again, and if so what is likely to happen if we can't secure the next one?
What kind of sums are we talking about?

Please don't berate the OP for asking an honest question. It likely isn't intended to scrutinise Simon Hallett or appear in any way suspicious of him.

Are you on a mission to get 'knob of the week' banner reinstated? How on earth did I berate the OP?

If you can't add to the thread, don't press submit.

 

[Argylegames]

It likely isn't intended to scrutinise Simon Hallett or appear in any way suspicious of him.

IMO it was posted for precisely that reason.

 

[the corkscrew]

It likely isn't intended to scrutinise Simon Hallett or appear in any way suspicious of him.

IMO it was posted for precisely that reason.

Shows just how wrong you can be.
I am 100% behind Simon Hallett.
He has transformed the club and is spoiling us with his generosity.
As he said this would be the last investment in the club I was genuinely interested in how much it would be. I reckon its an important development and just wanted to know when it'd be confirmed, as a couple of experts here say it has to be.

The other comments about a 2nd agenda are just bonkers. Toxic site at the moment.

 

[Daz]

It likely isn't intended to scrutinise Simon Hallett or appear in any way suspicious of him.

IMO it was posted for precisely that reason.

Shows just how wrong you can be.
I am 100% behind Simon Hallett.
He has transformed the club and is spoiling us with his generosity.
As he said this would be the last investment in the club I was genuinely interested in how much it would be. I reckon its an important development and just wanted to know when it'd be confirmed, as a couple of experts here say it has to be.

The other comments about a 2nd agenda are just bonkers. Toxic site at the moment.

It doesn’t have to be. Depends on how he has injected the money. It will then be in the annual accounts not released specifically to inform people.

If the club was a public company they would have to release the news to the market.

 

[Kentishgreen]

He’s put a damn sight more money into the club than all of us. I don’t need to know how much money you’ve put into Argyle. Why is it so necessary to know chapter and verse how much he’s put in and when it was done?

 

[HC Green]

He’s put a damn sight more money into the club than all of us. I don’t need to know how much money you’ve put into Argyle. Why is it so necessary to know chapter and verse how much he’s put in and when it was done?

Simply, consistency and transparency.
The Club has publicised previous investments via the website so why not this one.

 

[Argylegames]

Simply, consistency and transparency.
The Club has publicised previous investments via the website so why not this one.

They did - how else would you know about it?

 

[tawtongreen]

I cannot help thinking that this type of (IMHO) pointless & intrusive questioning is exactly what eventually leads to the investor ultimately thinking that his benevolence & lets face it, selflessness is being abused & at best unappreciated.
Why can we not just leave SH & his family to prop up our club & let us enjoy the ride, whilst thanking him for everything he has done for our club (& indirectly, us).
The next step is someone saying whatever the sum is, isn't enough & being critical of how it is spent, again causing him to question why he bothers....we need his (& is it, Jane's) support. Lets just be thankful! Long may it last.....

 

[davie nine]

If Simon Hallett felt that he needed to tell supporters how much more he has put into the club’s account he would have told us.
Frankly, he has done so much for our club, and it’s supporters, since he became a director, and now owner, that, unless he is legally bound to publish this information, we should feel confident that the additional amount is sufficient to ensure that we will be in a stronger position than many other clubs in the EFL when we finally emerge from this crisis.

 

[gaspargomez]

There you go, what he said.

I've never felt like looking into other people's purses.

No one is more open than Simon Hallett, yet people still want to nose about deeper and deeper.

He's chucked £20 million into our club, that says all I want (and need) to know.

I know his financial commitment to the club has been incredible, but £20 million is not a figure that I have seen reported elsewhere. You may well be correct, I’m just interested where you have got this from.