Super Posted October 9, 2018 Report Share Posted October 9, 2018 https://www.bristolpost.co.uk/sport/football/football-news/bristol-city-underwent-change-ownership-2091294 Link to comment Share on other sites More sharing options...
Drew Peacock Posted October 9, 2018 Report Share Posted October 9, 2018 I hope "just completed the 2016 audit" is another Post typo! Link to comment Share on other sites More sharing options...
Davefevs Posted October 9, 2018 Report Share Posted October 9, 2018 Link to comment Share on other sites More sharing options...
Guest Posted October 9, 2018 Report Share Posted October 9, 2018 So can he now buy another club only owning less than 50%. Perhaps a nice feeder club over the river Link to comment Share on other sites More sharing options...
JamesBCFC Posted October 9, 2018 Report Share Posted October 9, 2018 7 minutes ago, Tomarse said: So can he now buy another club only owning less than 50%. Perhaps a nice feeder club over the river Manor Farm Link to comment Share on other sites More sharing options...
reddoh Posted October 9, 2018 Report Share Posted October 9, 2018 20 minutes ago, Tomarse said: So can he now buy another club only owning less than 50%. Perhaps a nice feeder club over the river is it worth writing a cheque for ten pence? Link to comment Share on other sites More sharing options...
Davefevs Posted October 9, 2018 Report Share Posted October 9, 2018 15 minutes ago, JamesBCFC said: Manor Farm The bottom corner is in the river Link to comment Share on other sites More sharing options...
JamesBCFC Posted October 9, 2018 Report Share Posted October 9, 2018 18 minutes ago, Davefevs said: The bottom corner is in the river The slope on the pitch not as bad as it used to be. But could be a bit of home advantage for them tonight. Link to comment Share on other sites More sharing options...
Calculus Posted October 9, 2018 Report Share Posted October 9, 2018 I take it that the ownership of the stadium has now been completely separated from the football club, although the two are under the same umbrella company. Link to comment Share on other sites More sharing options...
Kid in the Riot Posted October 9, 2018 Report Share Posted October 9, 2018 I was always under the impression the shares were split 50/50 between Steve and Maggie anyway. Sure Steve said this at a Q&A many years ago. Link to comment Share on other sites More sharing options...
Admin phantom Posted October 9, 2018 Admin Report Share Posted October 9, 2018 Why they do this? Is it odd that it was never announced? Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted October 9, 2018 Report Share Posted October 9, 2018 What does it actually change in practical terms- If anything? To me, SL and I guess Maggie Lansdown if it's a 50/50 split owned the club and ground whether was through Pula or direct. Link to comment Share on other sites More sharing options...
Bristol Rob Posted October 9, 2018 Report Share Posted October 9, 2018 Limiting inheritance tax maybe? Link to comment Share on other sites More sharing options...
RumRed Posted October 9, 2018 Report Share Posted October 9, 2018 9 minutes ago, phantom said: Why they do this? Is it odd that it was never announced? Just a tax thing, no difference unless Maggie gets bored of LJ’s picture being on SL’s nightstand. Link to comment Share on other sites More sharing options...
ExiledAjax Posted October 9, 2018 Report Share Posted October 9, 2018 Have they just updated the PSC register? Could just be that they've decided Steve and Maggie should be on the register. Either way, if any shares have changed hands it will just be a tax thing and will have no real effect. Link to comment Share on other sites More sharing options...
BobBobSuperBob Posted October 9, 2018 Report Share Posted October 9, 2018 Maybe Maggie could put her foot down,;and pick the next head coach Link to comment Share on other sites More sharing options...
CodeRed Posted October 9, 2018 Report Share Posted October 9, 2018 49 minutes ago, BobBobSuperBob said: Maybe Maggie could put her foot down,;and pick the next head coach You mean she didn't pick LJ ? Link to comment Share on other sites More sharing options...
BobBobSuperBob Posted October 9, 2018 Report Share Posted October 9, 2018 1 minute ago, CodeRed said: You mean she didn't pick LJ ? Maybe ! ‘ Give the lad Lee a chance Steve, such a polite young man’ Link to comment Share on other sites More sharing options...
CodeRed Posted October 9, 2018 Report Share Posted October 9, 2018 1 minute ago, BobBobSuperBob said: Maybe ! ‘ Give the lad Lee a chance Steve, such a polite young man’ Well it was an irrational choice not supported by a track record or any achievements but entirely based on emotion........so clearly a female decision! Link to comment Share on other sites More sharing options...
Fiale Posted October 9, 2018 Report Share Posted October 9, 2018 Did they maybe five JL a stake in the club as the future owner ? Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted October 9, 2018 Report Share Posted October 9, 2018 One thing I did notice. I took a look not only at Bristol City FC on Companies House, but also Bristol City Holdings and Ashton Gate Limited. The latter had an interesting note- Ashton Gate Limited I'm referring to. "09 Oct 2018 Cessation of Bristol City Holdings Limited as a person with significant control on 1 June 2018." Now the Lansdowns (well SL) ultimately owned it in any case because of Bristol City Holdings but I wonder if this makes any difference. Link to comment Share on other sites More sharing options...
Bristol is red Posted October 9, 2018 Report Share Posted October 9, 2018 44 minutes ago, Mr Popodopolous said: One thing I did notice. I took a look not only at Bristol City FC on Companies House, but also Bristol City Holdings and Ashton Gate Limited. The latter had an interesting note- Ashton Gate Limited I'm referring to. "09 Oct 2018 Cessation of Bristol City Holdings Limited as a person with significant control on 1 June 2018." Now the Lansdowns (well SL) ultimately owned it in any case because of Bristol City Holdings but I wonder if this makes any difference. So what does that translate as? There's no longer a person who owns a majority of shares ie 51% or more? Guess it would make sense if he's given JL a piece of the pie. Mostly likely to be SL's successor. Link to comment Share on other sites More sharing options...
Nibor Posted October 9, 2018 Report Share Posted October 9, 2018 Not really a change of ownership. Pula Sport Limited seems to have been taken out of the mix which just removes a layer and makes things simpler as Pula was a Guernsey company. Bristol City Football Club is still owned 75%+ by Bristol City Holdings. As @ExiledAjax mentioned they've just added to the register of persons with significant control to reflect that SL and ML ultimately have that control via Bristol City Holdings. SL and ML are also now listed as directly controlling Bristol Sport Limited, Ashton Gate Limited and Bristol Rugby Limited. The only real change is that Bristol City Holdings is not listed as having any control over Ashton Gate Limited. If there is any move to sell shares in the stadium company I'd be worried. It will be interesting to see what was done when the accounts are published, as there was a £20m loan owed to Pula from SL's investment in the stadium. To my (very untrained) eye it just looks like some tidying up has been done. Link to comment Share on other sites More sharing options...
WarksRobin Posted October 10, 2018 Report Share Posted October 10, 2018 Maybe related to the training ground and arena developments which will be delivered through the Ashton Gate Limited and to limit links to the football club. Total speculation, mind. Link to comment Share on other sites More sharing options...
AshtonPark Posted October 10, 2018 Report Share Posted October 10, 2018 24 minutes ago, WarksRobin said: Maybe related to the training ground and arena developments which will be delivered through the Ashton Gate Limited and to limit links to the football club. Total speculation, mind. The football club don’t own the ground though at the moment. Link to comment Share on other sites More sharing options...
ExiledAjax Posted October 10, 2018 Report Share Posted October 10, 2018 9 hours ago, Nibor said: To my (very untrained) eye it just looks like some tidying up has been done This is what I was getting at. Although, whoever it is that has done it needs to check their filings as we currently have a declaration that SL owns 25-50%, ML owns 25-50% and Bristol City Holdings owns >75% of the shares. Explicitly of the shares. Link to comment Share on other sites More sharing options...
Nibor Posted October 10, 2018 Report Share Posted October 10, 2018 39 minutes ago, ExiledAjax said: This is what I was getting at. Although, whoever it is that has done it needs to check their filings as we currently have a declaration that SL owns 25-50%, ML owns 25-50% and Bristol City Holdings owns >75% of the shares. Explicitly of the shares. Not sure that isn't deliberate, I vaguely recall something about having to do this when someone has significant control of the entity that has significant control. Bureaucracy is ace. Link to comment Share on other sites More sharing options...
jj77 Posted October 10, 2018 Report Share Posted October 10, 2018 Maggie out? Link to comment Share on other sites More sharing options...
ExiledAjax Posted October 10, 2018 Report Share Posted October 10, 2018 3 hours ago, Nibor said: Not sure that isn't deliberate, I vaguely recall something about having to do this when someone has significant control of the entity that has significant control. Bureaucracy is ace. Yes, you do, the PSC regime has that element of "looking through" the corporate structure of a group of companies. However, there are different statements to use in that case. You wouldn't say that the have ownership of the shares, you'd say they have ownership of the voting rights perhaps - I have no idea how voting rights are attributed amongst the (presumed) different share classes. Link to comment Share on other sites More sharing options...
Nongazeuse Posted October 10, 2018 Report Share Posted October 10, 2018 I guess that this has been asked before but what is the status of the shares I bought in 1982 after the club effectively went bankrupt? Do I still own a portion of any of these companies or are they worthless? Link to comment Share on other sites More sharing options...
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