Breaking News - New Stadium and Training Facilities

[redscot]

To answer my own question, in September last year we said we had over half the funding in place and in February this year we said we had 60% in place.

So now we have raised another £1M apparently and we are now at 50%.

What is going on here?

Milne and his mates are making it up as they go along.........again.

[D31]

anyone clever enough to add up Tom + Dave's investments so far and roughly figure out how much they now own of the club? A fair whack I am guessing

[curvasud]

Wicks says we're at 75%. £7.5m. So there doesn't seem to be much else coming in apart from internal funding. Don't know why there would be for the training ground like. Don't exactly know where they're pulling the rest of this part from. Some AAM types maybe.

[bpdon]

To answer my own question, in September last year we said we had over half the funding in place and in February this year we said we had 60% in place.

So now we have raised another £1M apparently and we are now at 50%.

What is going on here?

Tyrone saying on Twitter.....

“Aberdeen commercial director Rob Wicks says the club have now secured about 75% of the funding required for phase 1 of the Kingsford development.”

[donsdaft]

They can take their million anspd f’uck off and play “grassroots soccer” with it

[Red Zone]

Tyrone saying on Twitter.....

“Aberdeen commercial director Rob Wicks says the club have now secured about 75% of the funding required for phase 1 of the Kingsford development.”

They need to get their communication act together (yet again) as the statement on the club website today quotes Cormack as saying "The Club has done a tremendous job in securing about half the money required for phase one".

[InversneckieDob]

Tyrone saying on Twitter.....

“Aberdeen commercial director Rob Wicks says the club have now secured about 75% of the funding required for phase 1 of the Kingsford development.”

So what percentage of the whole shebang is "phase 1"?

We're probably sat at 10% of the whole bill.

[Red Zone]

anyone clever enough to add up Tom + Dave's investments so far and roughly figure out how much they now own of the club? A fair whack I am guessing

DC initially invested just over £1M and TC £775K so when you add in today's £1M if I have done my sums correctly (and assuming todays shares are issued at the same 75p as the other two investments) then that gives them a combined 22% of the enlarged share capital

[Red Zone]

So what percentage of the whole shebang is "phase 1"?

We're probably sat at 10% of the whole bill.

I'm pretty sure they said previously that phase 1 is £10M (training facilities) and then phase 2 is £40M (stadium)

[57vintage]

More and more, I believe that we'll stop at the training pitches which I have been told are just about funded. Today's percentage comments seem about right.

Findiing the dosh to fund the New Tarryhat Cuddy's ****edome, however, is a huge issue, I believe, with a good bit of healthy cynicism about it all inside the club.