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Mir's motivations are a bit more opaque, although I've previously posted some thoughts on here.
31st Oct 2026 09:33:59
[82.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
Nick: Cheyne Capital will earn investment management fees, and the key people get (I assume) a carried interest of 1.25% each (i.e. they don't pay for their shares). If you're in the alternative investment market, you want to be seen to be active in a range of sectors, including sports, and we in our own small way are quite a good credential to have in your portfolio of deals done. I wouldn't be surprised if Ryan and Oliver also see this as a stepping stone in their sports management careers.
31st Oct 2026 09:33:10
[82.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
OI - it was a question about Mr Mir's background.
31st Oct 2026 09:25:33
[85.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
The other strange thing (that Stu, George Jones, SOW, and me didn't manage to discuss on a podcast going out later today) is why Restricted Actions 4A and 4B are not needed to be voted on, in the view of the DTB.
31st Oct 2026 09:25:06
[85.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
If anyone was there what was the gist of the question/comment that was cut out? Defamatory towards Mir or another of the group? Releasing confidential information?
31st Oct 2026 09:24:50
[81.lo.gg.ed]
SB/DD - I get this. It still strikes me as really odd. Omar owns 95% of this group. Maybe it's just me and my aversion to the sales pitch of things. All this presentation about 'British culture' and the story of Wimbledon - none of that explains why these guys got together and then sought out Mir for further finance. So I'd rather they didn't try that stuff and just say, "we want in football and you're the sitting ducks that will entertain us".
31st Oct 2026 09:19:45
[85.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
It can't cost £7K for the broadcast element, everything else was done anyway. They didn't have the bells and whistles NickD talked about but that is just fine, as long as I knew who was talking, the vision part was mostly unnecessary. Yes a time limit seems excessive but only if the extra time gets more questions answered, not more time for the first few to tell their life stories before getting round to the question. I guess at least nobody mentioned their dog.
31st Oct 2026 09:16:27
[81.lo.gg.ed]
but in a way it didn't matter waitng till the next day and it didn't affect how I will vote.
And, just to add, if you are in that line of business, it makes sense to form relationships with people who you expect to have the expertise in the underlying business so as to act as stewards for that, i.e. Ryan and Oliver alongside the corporate finance / governance brains of Hugh and Stuart.
31st Oct 2026 09:12:20
[82.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
Cheyne Capital are asset managers in alternative investments - of which football is an example. Nothing strange in them seeking out opportunities such as this and then bringing them to potential investors. As SB has indicated, they originally thought four but then, for whatever reason, it was decided that a sole investor was the better opportunity.
31st Oct 2026 09:07:55
[82.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
NickD - I may be misremembering but in the meeting the other night did not the others indicate they were prepared to invest but Mir wanted to be the sole investor?
31st Oct 2026 09:06:02
[187.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
At least the doubts about whether Mir existed and why he had never been seen have been put to bed.
31st Oct 2026 09:04:31
[187.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
I’m glad we can change our vote up to the deadline - not saying I want to change mine, that’s very unlikely at the moment, but I wouldn’t be quite as sure as some seem to be that this will simply pass through with flying colours…
31st Oct 2026 08:59:43
[109.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
The whole thing is strange, Wu. Not sure what anyone heard at that second meeting that reassures them about anything - most of the time it was nebulous and vague, with numerous platitudes about 'the story'. I still don't know why these four have come together with no money, looked to get into football and THEN gone and found someone with money to help them. Maybe it's just me but that seems an odd way to go about things, especially as they all seem to have enough experience and competence in their fields.
31st Oct 2026 08:49:36
[85.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
Having watched the video of Thursday, I agree that some people spoke for longer than they needed to. On the other hand, I don't really accept people getting told to stop because they were making statements rather than asking questions. It's important to have a forum where members can pass on their views to other members without it having to be in the form of a question.
31st Oct 2026 08:44:39
[18.lo.gg.ed]
Apologies if I didn't always practise what I preach!
The whole “Britishness” thing is quite strange. Perhaps ties in with buying a baronial title.
31st Oct 2026 08:38:38
[77.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
Lovely to hear Mir has already visited Plough Lane. Wonder if there are any photos or videos of him at our precious ground?
31st Oct 2026 08:36:44
[195.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
6MDM, six hours without a piss is definitely the more impressive achievement.
31st Oct 2026 08:13:12
[18.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
I don’t believe any sane business person sees football as a lucrative investment. There is something very strange about this deal. On the face of it I am certain it is the best deal on offer by far, but I would be amazed if it pans out as favourably as it first appears.
31st Oct 2026 07:39:13
[77.lo.gg.ed]
We are rolling the dice with the club’s future, but doing nothing isn’t an option.
Good meeting, felt very reassured after watching.While I agree with Aideen on the time allocation I will say that a few of the guys asking questions seriously loved the sound of their own voice, when time is limited you don’t need a 10 minute monologue to ask “why are you here?” Look at Eric, asked great questions really quickly, (although they didn’t answer his one on poaching youth, which was frustrating as this is one of my big issues with the strategy too!)
31st Oct 2026 07:28:38
[146.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
Agree about Hugh Rosen. He is very impressive, speaks very well and definitely knows what to say. Aideen, maybe he can be club chair one day?
31st Oct 2026 06:24:30
[89.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
Finished watching. Thought Bertrand finished strongly answering Lees question. Maybe he’s warming up to public speaking now!
31st Oct 2026 01:07:21
[151.lo.gg.ed]
Suspect the votes already passed. Would be nice to have updates on numbers like we did for the RA
voting.
We've yet to hear from the 5th bloke who is due to turn up at the EGM. Investment guy and I can't remember his name.
31st Oct 2026 00:44:20
[109.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
Rosen impresses me but he won't be on the PLC as far as I can tell. Disappointing.
31st Oct 2026 00:38:43
[109.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
They streamed the first meeting live so cost wasn’t an issue then. They wanted to have full control of what was transmitted in this second meeting, which they couldn't with a live transmission. I'm not really interested either way. I'm more interested in what has been written, which still fails to explain how we will have 50.1% control and, without spin, what percentage ownership will we have. If only one class of shares is issued in HoldCo then SSC will own 90% and the DT less than 10% because of the minority shareholders also getting shares (although it doesn't spell out how many and in what proportions). If you own 5,000 shares in AFCW PLC will they be swapped for 5,000 in HoldCo? Shareholders are being diluted to oblivion yet nobody has asked them if they object to this. Reserved matters are not control. They are rights of veto, so you can't control the stadium with a right of veto. HoldCo will own TWIOF, which owns the stadium.
31st Oct 2026 00:33:32
[213.lo.gg.ed]
Will a load of spare shares be authorised and as time passes more and more allotted and issued to SSC? Don't suppose we'll ever be told until it happens, when they think nobody will notice. I'll just not vote to keep my conscience clean. I still feel we've been deceived to get to this point with people misunderstanding what the 50.1% resolution (and changing the cap on ownership from 15% to none at all) meant. I respect others who have a different view.
3rd thing, massive shame what Rosen won’t be club chair . Hes bloody good.
31st Oct 2026 00:27:33
[104.lo.gg.ed]
Ex www.wup.me.uk - The home of WU