I keep reading that there are no alternatives to finding someone with more money than sense to bail the Club out and commit to funding ongoing losses for eternity. There are. There are currently a total of 34,217,285 shares in issue, of which 23,741,186 carry 2 additional votes for each share. As at 30/06/25 net assets stood at £18,643,788. Let’s assume that a year on, as at 30/06/26, net assets will have fallen to £16,400,000 (i.e. seems a reasonable assumption albeit less than the previous year). If we assume that value is proportional to voting rights (a relatively standard assumption) then we arrive at a Net Asset Value per share of 20p. If the Club initiated a 200,000,000 Share Rights Issue at a 50% discount i.e. 10p per share this would raise up to £20,000,000. Under these terms I’d subscribe for £2,000,000 worth i.e. an additional 20,000,000 shares. On such a basis I reiterate - I’m pretty confident that the Club would raise all or most of this £20,000,000. With £20,000,000 of capital, they could develop an additional stand – taking the stadium capacity beyond 11,000 (thereby increasing matchday revenue), and repay the maturing bond debt (thereby reducing interest costs). The Club would still be in the hands of fans (in fact more so) and we’d have the capital to reach breakeven. This should be Plan A!!!!

eight more wins a few draws should see us in the Play Offs.

On this day was my first ever match, 9th birthday treat with my Dad (birthday was 3rd)

RK, what do +5 and +3 refer to?

Hopefully we can get 4 points from the next 4 league games, which should set us up for the easier fixtures in march.

So how many points do we need to stay in Lge1? Donny are presently 20th on +3, with about 60% of season gone. Maybe +5 which is 51?

Ah yes ,im a Bad Bunny.

Spit, We have 38pts and a goal difference worth another.

A successful original plan A wouldn't lead to distrust and rumours.

Lovely a spring time GE.

Hi, is the club meeting available to watch anywhere?

A successful plan A would be great and I hope most are in favour of it but I do worry that Plan B is curently nothing more than "If Plan A fails we'll have a think."

Dazzer - 100% . I’m willing to give the boards benefit of doubt that talks over next few months, the votes and messaging will all result in a successful plan A

Glad you said that about the 1mn loan - I don’t remember anyone saying we had borrowed - just that it was available

Any money raised from a PLB3 will he used to finance the repayment of PLB1 and PLB2. It will have no impact on funding ongoing operating losses. Selling season tickets early is done by other clubs who offer large discounts. Colchester have about 5 or 6 dates, at each of which tickets get progressively more expensive. Our ticket platform would implode if we tried that. More my concern is we are trying to get cash in early now to fund this season when that cash is supposed to be for next season. You only get the the benefit of getting cash early once. You then have to keep doing it to stand still. What are we going to do next season when we are running out of cash again? Sell season tickets for 28/29 in 26/27?

To me, the refinancing of the bonds by another bond is a good idea in principle (and pretty normal commercial practice) - I am slightly sceptical, though, as to who is going to invest in a bond at this stage - given our current finances it looks much more like a potential donation and much less like a good investment than did the PLB 1 and PLB 2 offerings, but if we can find willing buyers who are made aware of the risks involved then that will be really helpful.

Cope discredited the rumour about out of contract players. Woodroof seemed really happy and has certainly not left 😀 There was talk of a £1m loan on offer but had not been taken

Who is saying things are going so well - bleak picture painted at gbe beginning of the meeting - including MB saying relying on player sales is not sustainable - followed up with what is happening to confront that - key message to me was we need to vote 50.01 in to enable 1 or more of the 8 investment interests to move forward - the other key fir me is raising the 15% threshold - if that doesn’t happen then it becomes tough tough

I do agree with $6M man that the "rumours" were certainly not proved false. The most important one (that we are experiencing liquidity issues) was substantially confirmed at the meeting (the difference between "we have taken a short term loan because we ran out of cash" and "we will have to take a short term loan in June, because we will run out of cash then" is so small as to be insignificant in this context)

Bolton & P’boro ST are already on sale - it was mentioned at the meeting last week that it isn’t unusual for clubs to start selling ST in Feb

“Filter bubble”

6M - my comment about older and younger, relates to the area I sit in, and the discussion that was had in the group before the match and at half time. Have zero idea whether more supporters/others feel that way.

Big red flag that ST are going on sell at the end of Feb. But im glad things are going so well in some eyes 👀

Cope claims he is happy as does JJ and Woodroof (but then they would, wouldn't they) and the players haven't been told that they won't be offered new contracts. That doesn't mean they will of course. There haven't been two loans of a million.

My only agenda is to see the club I love progress and reach its potential. It was great to welcome Reading to PL yesterday and if we stay as we are we will be welcoming Reading Town in a few years to PL.