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On This Day in 1966
Barry Cordjohn became Wimbledon's first ever substitute when he replaced Stuart Davies in the 51st minute of the Dons' Southern League 0-0 draw at bottom-of-the-table Cheltenham Town. It was a measure of Les Henley's mistrust of the new regulation that it had taken him 16 games to take advantage of the change to the laws of the game.
Click here for On This Day at historicaldons.com
Sticky
Despite leading his side to the Ryman League play-offs in the wake of the ‘Darlogate’ affair, Dave Anderson was sacked after defeat at Bromley cost the Dons their chance of promotion. “There are three things I never thought I would be asked,” the manager said in the wake of his departure. “To switch on the Christmas lights in Wimbledon, to appear on Sky Sports News and to be told that the Prime Minister has just mentioned your name in Parliament. It’s been an honour to be involved from day one and it is an experience I will never forget.” With interviews with player-of-the-year Antony Howard and others, relive every kick of a momentous campaign in the latest edition of The Historical Don.
15th Oct 2026 11:59:57 
 [140.lo.gg.ed] 
On sale for £3 at the next few home games. Card or cash accepted.
My shares are currently in the plc. The DT has 75% plus of the plc shares, NR 10% etc. Do those holdings stay the same with SSC holding no plc shares but instead having 34% of the holding company shares? If so who owns the other 66% of holding company shares?
22nd Oct 2026 18:06:10 
 [81.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
OI, I took their shares with a return payable were for the business of the club, sponsorship, naming rights etc, not the separated assets that the 34% share that as up until now, didn't have a fiscal value as such, but figures on a page to assert a value too. A bit like the original shares in 2002, where it was stated these have no repayment value and were in effect, donations into a black hole.
22nd Oct 2026 17:57:54 
 [91.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
If the plc is worth 100 million, then SSC have the rights to 90% of it so can sell those rights, with our approval, for a notional 90 million though they might actually get more or less. I'm still confused by shareholdings in the holding company and the plc. The only clear fact seems to be SSC owning 34% of the shares in the holding company.
22nd Oct 2026 17:40:06 
 [81.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
No apology necessary! And to answer your question valuing football clubs is a bit smoke and mirrors there are lots of different ways to do it, none are standard. and in the end clubs are valued on what someone is willing to pay for them.
22nd Oct 2026 17:33:59 
 [195.lo.gg.ed] 
There's a thing called the Markham Multivariate Model which is an equation that gets applied to English football clubs but I couldn't quote it off the top of my head - might be worth a google.
Huddersfield - I imagine it will be whatever someone else would be willing to pay if SSC wanted to sell up.
22nd Oct 2026 17:33:45 
 [82.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
Trigger - yeah, sorry, you're quite right. Income from player sales is dealt with in the pack, and appears to stay with the club. So I'm struggling to see how economic value might be measured: if not from assets such as players or the ground, then what is it ?
22nd Oct 2026 17:29:56 
 [109.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
OI - think I saw that confirmed as 1.25% for each
22nd Oct 2026 17:27:09 
 [187.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
Finally from me for now as I have to travel... Companies House lists a dissolved “Sloane Street Capital Limited” (12246170, 2019) with one Jason Kow as a director. The SSC we're dealing with is company 17262271, incorporated in 2026, and Kow isn’t among the five people named. Probably too much of a coincidence re the name so I'd be interested to know what the previous SSC was about and why it was dissolved.
22nd Oct 2026 17:27:06 
 [195.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
If SSC end up worth more then Mir gets most of the increase as he holds 95% of the shares. The management fee presumably gets split amongst the other four who are the ones giving time. It actually seems quite a small sum in the first couple of seasons (160K first year). 5th year that is 200K plus each, worth getting out of bed for.
22nd Oct 2026 17:23:38 
 [81.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
Also should note we're asked to vote only on heads of terms. The legal documents, shareholders’ agreement and conflict-of-interest rules are agreed after the vote not before.
22nd Oct 2026 17:23:33 
 [195.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
Serving as the Founding Principal Benefactor for a major campaign aiming to support 1 million young people through The King's Trust International implies a tier of multi-million-dollar philanthropic commitments that only ultra-high-net-worth individuals can sustain.
22nd Oct 2026 17:23:05 
 [187.lo.gg.ed] 
Perhaps some may take more comfort from this sort of background
The proof of funds checks have been done by SSC's solicitors and our solicitors so at the moment that's a point of weakness in my mind. I'm not sure how much the IFR and EFL look into proof of funds or if they just accept the solicitors' word - I would hope they would look into it themselves otherwise they're accepting the word of two parties clearly interested in the deal happening.
22nd Oct 2026 17:21:15 
 [195.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
Interesting that one of the only examples I can find of similar management fees in football finance is... the Glazers at Man Utd.
22nd Oct 2026 17:16:50 
 [195.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
Donial over the 5 seasons SSC will pay themselves £870k for running the show. So you could argue the investment is 'only' £86m
22nd Oct 2026 17:14:59 
 [195.lo.gg.ed] 
Their stated industry standard practice is true but typically within fund management not necessarily football club ownership/investment. I'm not sure it's a major issue though seeing as it's their money in the first place. Depends how much time and effort they put in as to whether it's value for money though.
AI appears to estimate Omar Mir's wealth in the $100-500m range
22nd Oct 2026 17:11:33 
 [187.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
The plc (or holding company?) get £1million, but SSC potentially have the rights to 900K of it but they can't just extract the money when they feel like it.
22nd Oct 2026 17:10:17 
 [81.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
I think funds from player sales are covered in the pack as to exactly how much goes into the playing budget and how much goes towards infrastructure. From what I understand the economic rights are about the value of the club. Let’s assume today the club is valued at £87m because of the deal on the table. Then assume that in 5 years time that value has gone up to £150m because we’re a competitor Championship club with a decent non-temporary stadium and an award winning cheerleading team. At that point if SSC want to sell up then they are entitled to 90% of that £150m and we get 10%
22nd Oct 2026 17:08:58 
 [195.lo.gg.ed] 
That may sound bad but we would also have new owners who had just spent £150m so the actual scenario isn’t obviously bad - it’s just that we’re moving back into an era where we’ll see good owners doing a good job with us and bad owners doing otherwise.
SSC will take an annual management fee of 1% per annum of the relevant year’s total capital investment as against an industry standard practice of 1.5-2.0% for investment management.
22nd Oct 2026 17:05:58 
 [82.lo.gg.ed] 
This is interesting from the pack. Is this regular for football clubs?
I am really struggling with the concept of "economic rights" and what it means in practice. Does it mean, for example, once SSC acquire 90% that if we sell a player for £1m SSC get £900k and them club gets £100k?
22nd Oct 2026 17:04:18 
 [109.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
No one knows where the 125k came from but when he pocketed the 8 million for selling Plough Lane he probably felt that was a decent return
22nd Oct 2026 17:03:19 
 [86.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
Nice. Money from the empire.
22nd Oct 2026 17:01:18 
 [195.lo.gg.ed] 
Umboto Gorge.
Trigger - not only that they were prepared to loan us 2mil to stave off any threat of admin.
22nd Oct 2026 16:57:38 
 [82.lo.gg.ed] 
It does make you think..
I did uncover his age which is 43
22nd Oct 2026 16:56:57 
 [81.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
I tried looking for Omar Mir's net worth using Meta & Google AI, but no cigar
22nd Oct 2026 16:55:23 
 [81.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
From the King's Trust website: "Omar brings a values-led perspective, shaped by a distinguished British–African heritage founded upon service, stewardship, and responsibility. Descended from a family that made enduring contributions to Kenya’s development in the years preceding independence across vital sectors including the railway infrastructure and the armed forces..."
22nd Oct 2026 16:54:23 
 [140.lo.gg.ed] 
Sounds like a mix of old and new money to me.