The who's who among SE7 & the short to midterm plan!

[reamsofverse]

Global Football Partners - shareholders with 5%+ each:

Gabriel Brener and family

Private investor and former majority shareholder of a Major League Soccer team

Joshua Friedman and family

Co-Founder, Co-Chairman and Co-Chief Executive Officer of Canyon Partners, LLC, a leading global alternative asset management firm

Warren Rosenfeld and family

Owner of major US Recycling firm Calbag Metals

ACA Football Partners (acafp.com)

Singapore-based group that invests in football with a focus on building a foundation for sustainable growth

Munir Javeri

Founder of Connecticut-based investment firm Sahana Capital

Marc Boyan

CEO Miroma Group (global marketing, media and content company) and Miroma Ventures

Charlie Methven

Sports and leisure industry entrepreneur and adviser.


As far as the club board is concerned, it will consist of:

Jim Rodwell (Managing Director)
Ed Warrick (Finance Director)
Andy Scott (Technical Director) TBC
Steve Sutherland (Commercial Director)
Paul Elliott - former player (Non-executive Director)
Gavin Carter (Non-executive Director)

[cafcfan32]

This is probably a stupid question but who is chairman?

[mersthamred]

Welcome all!!!!! 😀👍

[valley]

How much did Tommy get £m? Also breakdown of share holding?.

[bexleyboy]

Paul Elliott involved no surprise there ..

[LoyalAddick]

Steve Sutherland also on board

[se7sm]

It’s a new dawn, it’s a new day god if any long suffering supporter’s deserve a break it’s us and about time finally the feel good factor is in the air .

[seasideaddick]

7 x shareholders @ 5% each = 35% plus one or two others call it 5% more....who owns the other 60%? Presumably SE7 partners are tye 40% and GFP is the 60%?

[reamsofverse]

Jul 21, 2023 17:58:54 GMT LoyalAddick said:

Steve Sutherland also on board

Rick Everitt will be happy!!

[valleyfaithful]

Jul 21, 2023 18:04:26 GMT seasideaddick said:

7 x shareholders @ 5% each = 35% plus one or two others call it 5% more....who owns the other 60%? Presumably SE7 partners are tye 40% and GFP is the 60%?

It’s 5+ plus, believe Reams said it’s 33.3% split for Friedman and Brener families.

[valley]

Sky sports news have said nothing.

[reamsofverse]

Jul 21, 2023 18:17:09 GMT valley said:

Sky sports news have said nothing.

All in good time, probably doing a piece now.

[reamsofverse]

So guys many of you will recall back in late Spring, I was sent what an email containing what SE7's vision for the club was, if and when they purchased it. It set out their intentions and how they intended to approach it in the short (or first 100 days as some prefer to call it) - to midterm plan.

I was going to share it with you back then but was then asked to hang fire as I was typing it out! Now the takeover has been announced though it's safe to share...

The circumstances of our agreed deal to buy the club in January are the subject of litigation, and not material to the situation today. Suffice it to say that we stepped back in last week and made an offer at a valuation more than 10% higher than our January bid, this time for 100% of the club. The offer came with immediate completion and a cessation of all litigation. That offer has of yet not been accepted but nor has it been formally rejected.

We now want to lay out with you the substance of our analysis of CAFC, and our plans for it were we able to complete a deal.

1. CAFC is in a vulnerable position, as a League 1 club losing £8 million per annum and renting its facilities. Arguably its annual losses exceed its total financial value.

2. Current market valuations of CAFC range from £6 million to £9.5 million.

3. It nonetheless has a large underlying fanbase, the use of an excellent stadium, an outstanding Academy and a fine history.

4. However, its attributes are degrading, and at risk of degrading fast. Large fanbases will not tolerate midtable League 1 football season-on-season, and this season has seen very significant, and worrying, drops in live attendance (as distinct from declared attendance); the Academy needs significant investment in its human and physical infrastructure; several first team departments are not fit for purpose, assuming that purpose is promotion.

5. Revenue and cost lines are performing poorly, in comparison to benchmark – hence the outsize losses. This is owing to the lack of committed day-to-day, on-site senior management over a protracted period of time. No quick fixes here, but the situation must be gradually remedied for the future sustainability of the club.

6. With 9 first team squad members out of contract this summer, this transfer window is utterly critical to prospects for not just next season, but for the season after too (players of any value generally sign on minimum 2 year contracts) – with uncertainty over future ownership and objectives, top targets simply will not sign for a club.

7. It goes without saying that CAFC cannot flourish as a League 1 club. Therefore, unremitting focus needs to be placed on promotion from this division.

8. CAFC must get out of the habit of selling its best young talent too early to shore up short-term cashflow, as this is damaging to both promotion prospects and achieving full value for these players.

In short, we believe that CAFC needs urgent leadership, focus and capital certainty for a medium-term period, so that plans can be enacted in a professional way. Our group has been set up precisely to achieve this aim.

A. This is a management-led project, with experienced football executives across all relevant departments.

B. Our investor group wishes not to be involved in the day-to-day running of the club.

C. Not one investor will have majority control at Board-level, meaning that – as in CAFC’s glory days – sensible decision-making can be pursued by a group rather than resting on the whim of an individual.

D. For all our investors, their commitments to CAFC will be in their financial ‘comfort zone’, enabling medium-term planning rather than living hand-to-mouth as so many EFL clubs have to do.

E. We are committed to working with CAST and other supporters groups, CACT and Club Sponsors towards the swift creation of a Shadow Board to give supporters a real, structural say in the running of their club


We are ready to complete within days; the capital is ready to be deployed, including a budget for transfer fees this summer; recruitment lists have been drawn up; a full financial plan is in place; the executive team is ready to start work. The current owner has spoken passionately many times as to his one focus being the future success of CAFC. We humbly ask him to fulfil that pledge by completing the sale of the club to us before it is too late.

[newyorkaddick]

I know Munir Javeri (have just emailed him wishing him luck) - a very nice guy - not uber rich (runs a ~$1bn investment firm) but could comfortably finance say 10% of £8-10m pa losses without barely noticing. Probably irrelevant but his biggest investors are the three richest men in Brazil (the founders of 3G Capital).

[reamsofverse]

Jul 21, 2023 18:48:53 GMT newyorkaddick said:

I know Munir Javeri (have just emailed him wishing him luck) - a very nice guy - not uber rich (runs a ~$1bn investment firm) but could comfortably finance say 10% of £8-10m pa losses without barely noticing. Probably irrelevant but his biggest investors are the three richest men in Brazil (the founders of 3G Capital).

Very interesting mate, thankls for sharing that.

[manikin]

This is brilliant news, a sensible programme that gives us the stability that we have wanted for so long.

[smudge7946]

They sound like they have great ideas for the club.
For the first time I'm ages the future is looking bright and red!

[reamsofverse]

Poor form that this has been shared on another forum without giving credit to it's origin.

[discocafc]

Jul 21, 2023 18:36:56 GMT reamsofverse said:

So guys many of you will recall back in late Spring, I was sent what an email containing what SE7's vision for the club was, if and when they purchased it. It set out their intentions and how they intended to approach it in the short (or first 100 days as some prefer to call it) - to midterm plan.

I was going to share it with you back then but was then asked to hang fire as I was typing it out! Now the takeover has been announced though it's safe to share...

The circumstances of our agreed deal to buy the club in January are the subject of litigation, and not material to the situation today. Suffice it to say that we stepped back in last week and made an offer at a valuation more than 10% higher than our January bid, this time for 100% of the club. The offer came with immediate completion and a cessation of all litigation. That offer has of yet not been accepted but nor has it been formally rejected.

We now want to lay out with you the substance of our analysis of CAFC, and our plans for it were we able to complete a deal.

1. CAFC is in a vulnerable position, as a League 1 club losing £8 million per annum and renting its facilities. Arguably its annual losses exceed its total financial value.

2. Current market valuations of CAFC range from £6 million to £9.5 million.

3. It nonetheless has a large underlying fanbase, the use of an excellent stadium, an outstanding Academy and a fine history.

4. However, its attributes are degrading, and at risk of degrading fast. Large fanbases will not tolerate midtable League 1 football season-on-season, and this season has seen very significant, and worrying, drops in live attendance (as distinct from declared attendance); the Academy needs significant investment in its human and physical infrastructure; several first team departments are not fit for purpose, assuming that purpose is promotion.

5. Revenue and cost lines are performing poorly, in comparison to benchmark – hence the outsize losses. This is owing to the lack of committed day-to-day, on-site senior management over a protracted period of time. No quick fixes here, but the situation must be gradually remedied for the future sustainability of the club.

6. With 9 first team squad members out of contract this summer, this transfer window is utterly critical to prospects for not just next season, but for the season after too (players of any value generally sign on minimum 2 year contracts) – with uncertainty over future ownership and objectives, top targets simply will not sign for a club.

7. It goes without saying that CAFC cannot flourish as a League 1 club. Therefore, unremitting focus needs to be placed on promotion from this division.

8. CAFC must get out of the habit of selling its best young talent too early to shore up short-term cashflow, as this is damaging to both promotion prospects and achieving full value for these players.

In short, we believe that CAFC needs urgent leadership, focus and capital certainty for a medium-term period, so that plans can be enacted in a professional way. Our group has been set up precisely to achieve this aim.

A. This is a management-led project, with experienced football executives across all relevant departments.

B. Our investor group wishes not to be involved in the day-to-day running of the club.

C. Not one investor will have majority control at Board-level, meaning that – as in CAFC’s glory days – sensible decision-making can be pursued by a group rather than resting on the whim of an individual.

D. For all our investors, their commitments to CAFC will be in their financial ‘comfort zone’, enabling medium-term planning rather than living hand-to-mouth as so many EFL clubs have to do.

E. We are committed to working with CAST and other supporters groups, CACT and Club Sponsors towards the swift creation of a Shadow Board to give supporters a real, structural say in the running of their club


We are ready to complete within days; the capital is ready to be deployed, including a budget for transfer fees this summer; recruitment lists have been drawn up; a full financial plan is in place; the executive team is ready to start work. The current owner has spoken passionately many times as to his one focus being the future success of CAFC. We humbly ask him to fulfil that pledge by completing the sale of the club to us before it is too late.

That sounds really positive but actions speak louder than words.

[sevenoaks]

Jul 21, 2023 19:14:05 GMT reamsofverse said:

Poor form that this has been shared on another forum without giving credit to it's origin.

No surprise there.

[reamsofverse]

Jul 21, 2023 19:19:04 GMT sevenoaks said:

Jul 21, 2023 19:14:05 GMT reamsofverse said:

Poor form that this has been shared on another forum without giving credit to it's origin.

No surprise there.

An ex-poster on here. A coward too. Only one way to deal with cowards. Don Leech, anyone know him?

DM me if you do.

[valley]

[wellingaddick]

It sounds as if this group are wanting to hit the ground running. Hopefully this is going to mean some interesting activity in the remainder of the current transfer window.

Of course, we have been here before with new owners, but maybe this time, a real golden age has dawned.

[stu2020]

Jul 21, 2023 18:36:56 GMT reamsofverse said:

So guys many of you will recall back in late Spring, I was sent what an email containing what SE7's vision for the club was, if and when they purchased it. It set out their intentions and how they intended to approach it in the short (or first 100 days as some prefer to call it) - to midterm plan.

I was going to share it with you back then but was then asked to hang fire as I was typing it out! Now the takeover has been announced though it's safe to share...

The circumstances of our agreed deal to buy the club in January are the subject of litigation, and not material to the situation today. Suffice it to say that we stepped back in last week and made an offer at a valuation more than 10% higher than our January bid, this time for 100% of the club. The offer came with immediate completion and a cessation of all litigation. That offer has of yet not been accepted but nor has it been formally rejected.

We now want to lay out with you the substance of our analysis of CAFC, and our plans for it were we able to complete a deal.

1. CAFC is in a vulnerable position, as a League 1 club losing £8 million per annum and renting its facilities. Arguably its annual losses exceed its total financial value.

2. Current market valuations of CAFC range from £6 million to £9.5 million.

3. It nonetheless has a large underlying fanbase, the use of an excellent stadium, an outstanding Academy and a fine history.

4. However, its attributes are degrading, and at risk of degrading fast. Large fanbases will not tolerate midtable League 1 football season-on-season, and this season has seen very significant, and worrying, drops in live attendance (as distinct from declared attendance); the Academy needs significant investment in its human and physical infrastructure; several first team departments are not fit for purpose, assuming that purpose is promotion.

5. Revenue and cost lines are performing poorly, in comparison to benchmark – hence the outsize losses. This is owing to the lack of committed day-to-day, on-site senior management over a protracted period of time. No quick fixes here, but the situation must be gradually remedied for the future sustainability of the club.

6. With 9 first team squad members out of contract this summer, this transfer window is utterly critical to prospects for not just next season, but for the season after too (players of any value generally sign on minimum 2 year contracts) – with uncertainty over future ownership and objectives, top targets simply will not sign for a club.

7. It goes without saying that CAFC cannot flourish as a League 1 club. Therefore, unremitting focus needs to be placed on promotion from this division.

8. CAFC must get out of the habit of selling its best young talent too early to shore up short-term cashflow, as this is damaging to both promotion prospects and achieving full value for these players.

In short, we believe that CAFC needs urgent leadership, focus and capital certainty for a medium-term period, so that plans can be enacted in a professional way. Our group has been set up precisely to achieve this aim.

A. This is a management-led project, with experienced football executives across all relevant departments.

B. Our investor group wishes not to be involved in the day-to-day running of the club.

C. Not one investor will have majority control at Board-level, meaning that – as in CAFC’s glory days – sensible decision-making can be pursued by a group rather than resting on the whim of an individual.

D. For all our investors, their commitments to CAFC will be in their financial ‘comfort zone’, enabling medium-term planning rather than living hand-to-mouth as so many EFL clubs have to do.

E. We are committed to working with CAST and other supporters groups, CACT and Club Sponsors towards the swift creation of a Shadow Board to give supporters a real, structural say in the running of their club


We are ready to complete within days; the capital is ready to be deployed, including a budget for transfer fees this summer; recruitment lists have been drawn up; a full financial plan is in place; the executive team is ready to start work. The current owner has spoken passionately many times as to his one focus being the future success of CAFC. We humbly ask him to fulfil that pledge by completing the sale of the club to us before it is too late.

Thanks for sharing, sounds positive and picks up on many of the flaws we've all felt existed under the recent mismanagement.... .. upwards and onwards..

[skgreenwich]

Sounds like we have a strong leadership team and real financial backing for their strategy. Thanks to reams for keeping us all updated over the last few months!
Bring on a great season at the Valley!

[essexaddick]

Jul 21, 2023 18:04:26 GMT seasideaddick said:

7 x shareholders @ 5% each = 35% plus one or two others call it 5% more....who owns the other 60%? Presumably SE7 partners are tye 40% and GFP is the 60%?

It says 5%+ which could be any amount over 5%.

[seriouslyred]

Many thanks for sharing - some key takeaways:

- The high net worth individuals/ families will hold 20-30% each and fund operating losses via global financial and SE7 Partners loans into CAFC
- For the first time in a decade + we have an experienced board managing the day-to-day and NOT hands on management by investors
- For the first time ever we have a qualified technical director in Andrew Scott (TBC). On top of playing and managing he has eight years at Championship level as Head of recruitment / Tech Director
- GFP will set budgets and targets for playing and revenues... the executive will be on the hook to deliver
- There will be ample opportunity to look at extending the lease to The Valley or even buying but today that's a distraction.

The focus has to be on
- completing the squad
- delivering a top six side
- improving the players we have


My own personal belief is that a Cat 1 Academy is an expensive distraction right now. Instead they need to look at what's needed in terms of buildings, coaches and sports science to assist the main mission of promotion over the next two seasons.

Two years will be long enough for everybody mentioned in the structure to get their feet under the table and deliver.

The Championship is a very different place and the club probably needs two years of TLC and direction from our new board / SMT.

[addickteduk]

Jul 21, 2023 18:36:56 GMT reamsofverse said:

So guys many of you will recall back in late Spring, I was sent what an email containing what SE7's vision for the club was, if and when they purchased it. It set out their intentions and how they intended to approach it in the short (or first 100 days as some prefer to call it) - to midterm plan.

I was going to share it with you back then but was then asked to hang fire as I was typing it out! Now the takeover has been announced though it's safe to share...

The circumstances of our agreed deal to buy the club in January are the subject of litigation, and not material to the situation today. Suffice it to say that we stepped back in last week and made an offer at a valuation more than 10% higher than our January bid, this time for 100% of the club. The offer came with immediate completion and a cessation of all litigation. That offer has of yet not been accepted but nor has it been formally rejected.

We now want to lay out with you the substance of our analysis of CAFC, and our plans for it were we able to complete a deal.

1. CAFC is in a vulnerable position, as a League 1 club losing £8 million per annum and renting its facilities. Arguably its annual losses exceed its total financial value.

2. Current market valuations of CAFC range from £6 million to £9.5 million.

3. It nonetheless has a large underlying fanbase, the use of an excellent stadium, an outstanding Academy and a fine history.

4. However, its attributes are degrading, and at risk of degrading fast. Large fanbases will not tolerate midtable League 1 football season-on-season, and this season has seen very significant, and worrying, drops in live attendance (as distinct from declared attendance); the Academy needs significant investment in its human and physical infrastructure; several first team departments are not fit for purpose, assuming that purpose is promotion.

5. Revenue and cost lines are performing poorly, in comparison to benchmark – hence the outsize losses. This is owing to the lack of committed day-to-day, on-site senior management over a protracted period of time. No quick fixes here, but the situation must be gradually remedied for the future sustainability of the club.

6. With 9 first team squad members out of contract this summer, this transfer window is utterly critical to prospects for not just next season, but for the season after too (players of any value generally sign on minimum 2 year contracts) – with uncertainty over future ownership and objectives, top targets simply will not sign for a club.

7. It goes without saying that CAFC cannot flourish as a League 1 club. Therefore, unremitting focus needs to be placed on promotion from this division.

8. CAFC must get out of the habit of selling its best young talent too early to shore up short-term cashflow, as this is damaging to both promotion prospects and achieving full value for these players.

In short, we believe that CAFC needs urgent leadership, focus and capital certainty for a medium-term period, so that plans can be enacted in a professional way. Our group has been set up precisely to achieve this aim.

A. This is a management-led project, with experienced football executives across all relevant departments.

B. Our investor group wishes not to be involved in the day-to-day running of the club.

C. Not one investor will have majority control at Board-level, meaning that – as in CAFC’s glory days – sensible decision-making can be pursued by a group rather than resting on the whim of an individual.

D. For all our investors, their commitments to CAFC will be in their financial ‘comfort zone’, enabling medium-term planning rather than living hand-to-mouth as so many EFL clubs have to do.

E. We are committed to working with CAST and other supporters groups, CACT and Club Sponsors towards the swift creation of a Shadow Board to give supporters a real, structural say in the running of their club


We are ready to complete within days; the capital is ready to be deployed, including a budget for transfer fees this summer; recruitment lists have been drawn up; a full financial plan is in place; the executive team is ready to start work. The current owner has spoken passionately many times as to his one focus being the future success of CAFC. We humbly ask him to fulfil that pledge by completing the sale of the club to us before it is too late.

Thanks so much for this Reams - really does sound like we might just be on the cusp of being a well-run, stable, progressive and ambitious club once more...onwards! 

[discocafc]

Reams when are we going to see this 15 minute interview or are they planning on doing a new one?

[reamsofverse]

Jul 22, 2023 8:19:34 GMT discocafc said:

Reams when are we going to see this 15 minute interview or are they planning on doing a new one?

Im sure they will introduce themselves formally within the next few days along with a player or two.

I was talking to Jon Smith last night and while they understandably don't want to reveal names for obvious reasons he has big name contacts within the EPL and will be exploring the loan market at that level.