Cavendish Financial Share Discussion Threads

[rambutan2] 03/7/2003 10:00

anyone know where to find the price of their eurobonds?

[rambutan2] 03/7/2003 09:47

anyone know where i can find the price of the eurobonds?

[thegreatgeraldo] 03/7/2003 09:38

also noticed someione had a decent chunk at 43p !!! ????

[marquis] 03/7/2003 08:55

thegreatgeraldo - 02 Jul'03 - 09:57 - 67 of 68
Flackwell-Raineri - 02 Jul'03 - 19:16 - 68 of 68

The jump started early May 2003.....
Re: 'trading inquiry', I've heard speculation that there is to be one....
Re: 'follow the inside traders and pile in', they could have been wrong and/or the talks could have broken down....

Interesting to look at the trades yesterday (2nd July 2003), because trade 21 sold 10,000 shares at 40p, whilst the offer price from the Russion Oil Billionaire was only 35p.

[madgooner] 02/7/2003 22:56

then again.........

[jacklhope] 02/7/2003 22:55

cfc are gonna win the champions league next year get your bets on

[m.t.glass] 02/7/2003 22:36

One negative aspect I can see emerging is greed among some of the players who are being given the impression that the new owner is awash with cash. Players' agents are going to be slapping in huge wage demands - especially if the club is over-generous in the terms it offers incoming stars. I can see this having a disruptive effect unless the new boss quickly lays down some rigid wage structure.

Resentment and jealousy among the players can damage teamwork on the pitch. It'll be interesting to see if Ranieri is up to handling this new situation.

[flackwell-raineri] 02/7/2003 19:16

Re: my post of the 19th June - Why oh why did I not follow the insider traders and pile in ?

[m.t.glass] 02/7/2003 12:10

There's oil under the Chelski Villich pitch - that's what they're after..

And one of Abramovich's business partners is Anna Kournikova's uncle apparently. Wonder if she'll be wheeled out as half-time entertainment? That should win over most of the fans.

[m.t.glass] 02/7/2003 12:07

Source BBC Online:

Chelsea football club is to be bought by Russian billionaire Roman Abramovich.
The surprise deal - the biggest takeover in British football history - was finalised late on Tuesday after talks with long-time chairman Ken Bates.

Mr Abramovich is buying just over half the shares of Chelsea Village, which owns the football club, for 35 pence each - putting the total value of the club's shares at £59.3m.

He will also have to look after the club's huge debts, which BBC Business Editor Jeff Randall said stood at about £80m.

"We are delighted to agree this deal to acquire what is already one of the top clubs in Europe," Mr Abramovich said.

"We have the resources and ambition to achieve even more given the huge potential of this great club."

Wide interests

Mr Abramovich is one of the major shareholders in Sibneft, one of Russia's largest oil companies, and "a keen follower of sport and international football," a statement said.



In addition he has significant interests in Russia's aluminium industry, a stake in the Russian airline Aeroflot and owns half of the Moscow TV company.

BBC Business Editor Jeff Randall said the TV interests were significant, "as in the modern game today TV rights are what it's all about".

"Football has been in terrible trouble in this country recently - it's clocked up huge debts and the transfer market has collapsed," Mr Randall said.

"I think what this could signal is the arrival of overseas sugar daddies.

"If this is the start of the super-rich invaders it'll be very, very interesting to see how the fans react to it."

'Disgraceful' deal

One Chelsea fan told the BBC he was shocked by the news.

"I think it's disgraceful because I always thought that Ken Bates was Mr Chelsea."

But Mr Bates, who is expected to remain as chairman, said the deal would help the club.

"This is a great deal for Chelsea Village, the club and its fans," he said in a statement.

"In today's highly competitive football market, the club will benefit from a new owner with deeper pockets to move Chelsea to the next level.

"I look forward to working with Roman Abramovich to achieve even greater things."

Over 20 years Ken Bates transformed Chelsea from a club on the brink of bankruptcy into a large public company at the centre of a major corporate venture.

But his ambitious plans for Chelsea Village, an expensively assembed hotel and shopping complex, helped to saddle the club with large debts.

Despite an influx of several foreign players a Premiership title has eluded the club, although they will play in next year's lucrative Champions League.

[thegreatgeraldo] 02/7/2003 09:57

wonder if there'll be an insider trading enquiry ?? LOL !! Clearly the news leaked a few weeks back.... any chance of chelsea playing in red next season ?

[pawsnjaws] 02/7/2003 09:43

Highly amusing notes, however I bought shares in Cav some 7 years ago at 81p ???? I am still hanging in for my money back - anyone got any good advice.

[tonyleongson] 02/7/2003 08:13

get into MDY!

Medisys is pleased to announce that the Futura Safety Syringe has successfully
passed the final specification tests undertaken by Smiths Group PLC ("Smiths"),

[sojourno] 01/7/2003 23:49

Hmm.... don't expect a massive hike on this on in the morning. 10% B/O should get cleared but if it does shorters should get out quick whilst attention shifts to other potential foreign football buyouts. Maybe. (30 second analysis)

[marcfernandes] 01/7/2003 21:52

59 million plus debts. 35p a share. has bought just over half the shares! I wonder if the geezer has to provide two forms of id and two forms of residence.

[jacklhope] 01/7/2003 21:40

sold to mr putin for a tax loss

[marcfernandes] 01/7/2003 21:37

Sold to Pablogei Escobarski. Seems like a good way to launder money!

[snowmann] 01/7/2003 21:25

If anyone wondered why the spike in CAV share price , apparently Ken Bates is in talks with a Russian Consortium to sell Chelsea Village .

Price is something like £ 140-60 mill including taking on present debts .

Chelsea supporters may be pleased to get rid of Ken but a Russian consortium ??

Announcement is imminent apparently .

[flackwell-raineri] 19/6/2003 20:05

Can anyone advise why the recent price rise ?

[cableguy00] 10/5/2003 00:27

I believe the match can only be seen on a foreign channel (I heard it's a Spanish one) - anyone know which one ??

Go Blues

After having their 11th child, a Scouse couple decided that was enough, as
they could not afford a larger bed. So the husband went to his doctor and
told him that he and his wife didn't want to have any more children.

The doctor told him there was a procedure called a vasectomy that would fix
the problem but it was expensive. A less costly alternative was to go
home, get a firework, light it, put it in a beer can, then hold the can up
to his ear and count to 10.

The Scouser said to the doctor, "I may not be the smartest guy in the world,
but I don't see how putting a firework in a beer can next to my ear is going
to help me."

"Trust me, it will do the job", said the doctor. So the man went home, lit
a banger and put it in a beer can. He held the can up to his ear and began
to count:

"1, 2, 3, 4, 5," at which point he paused, placed the beer can between his
legs so he could continue counting on his other hand.

[flackwell-raineri] 09/5/2003 19:10

Cableguy - It is on Sky if you can get that, or why not pop down to the pub ?

As for me I'll be there as usual.

Come on you blues.