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
£7k is nothing . They didn’t blink an eye giving memberships away.
31st Oct 2026 00:14:18
[104.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
It wasn't live streamed because of the cost believed to be in the region of £7000.00. I can and did wait until the recording was released this afternoon. As for speeding things up, certain folk took an absolute age to get to the point. Keep it simple folks.
31st Oct 2026 00:12:42
[109.lo.gg.ed]
Peter Millar is a case in point.
Watching the meeting. 2 things grab me immediately.. there is no format based reason why this could not be streamed live.
Also it’ majorly pisses me off when we are told “we only have an hour or so”.
Ffs this is been held in our home (for now) and ppl have made
A huge effort to be there cos they care and are worried. This is huge. Dont tell us to hurry up.
30th Oct 2026 23:45:56
[104.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
6mdm, my son's flight from Edinburgh to Gatwick flew over about an hour ago.
30th Oct 2026 23:44:33
[109.lo.gg.ed]
Course for work and the flight was delayed by nearly 2 and a half hours. He might just make the last tram home from East Croydon.
I hope anyone travelling up to Greater Manchester tomorrow morning has a better journey than I did today. I really need to think about travelling on Fridays to away games as it is becoming oppressive. It took me SIX hours of solid driving without stopping for a break to get to Cheadle. I didn't realise how close I would be to Manchester Airport. It is literally a couple of miles away and I'm right under the flight path. Ear plugs will be needed tonight. I don't know what was more impressive- going that long without food or a piss.
30th Oct 2026 23:33:41
[213.lo.gg.ed]
It took 90 minutes to get from jct 9 to 16 on the M25, almost triple what it should. It also took 4 hours to get to the RAC building on the M6 which was nearly double. If I travel up on a Thursday it's an extra day of costs to be somewhere I don't really want to and if I travel up on the day I can't do my walking. Bloody traffic.
I don’t think we’re gonna be as loaded as £86m sounds at first. It’s spread over 5 years, over 2 teams though you’d expect things to be heavily weighted towards the men’s team based on the Championship aim, and spread across on and off pitch expenditure.
30th Oct 2026 23:16:37
[195.lo.gg.ed]
Average around £12m per season estimate on men’s transfer fees per season. Hey it’s not to be sniffed at. Might we come across PSR constraints? If so the new owners will need to increase our revenue and that would be a very welcome move.
Triggs, the Wrexham problem is like the one Fergie used to complain about, and that other clubs and agents know they had money so inflated prices to get players in. Could be an issue for us too.
30th Oct 2026 23:07:59
[91.lo.gg.ed]
Ex www.wup.me.uk - The home of WU
Ha ha Spit, never got that far, fell asleep just after when one of them talking about calling in from Cologne, the bloody singing at the end woke me up.
30th Oct 2026 23:02:43
[91.lo.gg.ed]
Like Trigger says, makes this more appealing, not that I have a vote, but you know what I mean