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Post by Just Call Me The Roller on Nov 8, 2017 17:09:47 GMT -5
I think it was mentioned during the One Love fiasco that Liam gets performer royalties as a member of Oasis on DLBIA - no clue if he'd make any more than the rest of the band sans Noel. Also wasn't Noise and Confusion LLP the company created specifically for touring Oasis? I think so. Bands make more money from gigs than from records nowadays so it makes sense to create a company to run your tours. In fact, both Noel and Liam opened companies for their live performances (IIRC Noel's one is called International Magic). Also, there may be some tax purpose advantages on doing such a scheme. |
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Post by Deleted on Nov 8, 2017 17:14:46 GMT -5
Looks like Liam's stake in Pretty Green was transferred to a company called Pretty Green Group in July of this year. Liam's not named online as having any control of Pretty Green Group, but the CEO is. Has there been a management buyout? Did Rockpool buy Liam's shares?
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Post by Deleted on Nov 8, 2017 17:16:28 GMT -5
Looks like Liam's stake in Pretty Green was transferred to a company called Pretty Green Group in July of this year. Liam's not named online as having any control of Pretty Green Group, but the CEO is. Has there been a management buyout? Did Rockpool buy Liam's shares? It looks like Rockpool actually invested the day Liam's name disappeared. Sounds like Liam may have quietly sold up... |
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Post by guigsysEstring on Nov 8, 2017 17:16:44 GMT -5
Big Brother is the company Liam and Noel created to publish their songs after Creation sank. It was created in 2000 and SOTSOG was the 1st record published under the Big Brother umbrella. However, over the 00s, Noel and Liam smartly started to buy the rest of the Oasis catalogue from what was left of Creation, and now Big Brother owns the entire Oasis discography. That also means that, against common belief, Liam actually makes almost as much money from the Oasis catalogue as Noel, since both brothers have an equal stake at Big Brother. Of course Noel gets a bit more since a part of the money that enters Big Brother pays his royalties, but even then Liam still makes a lot of money from, say, DLBIA. Putting things into perspective, I wouldn't be surprised if this arrengement made Noel bitter on the long run. It was an easy, painless solution at a time records still sold easily and 2 original members of the band. However, as the time went by, it must have been hard for Noel to swallow that Liam makes almost as much money as him from songs like Wonderwall. I'm sure guigsysEstring can tell a us a lot about this. I wonder Liam gets any money from DLBIA since he didn't peform on the record. Does Wonderwall still pay the bills for them? I have written most of this before but here goes  Big Brother Recordings Ltd which controls the Oasis masters, i.e. the recordings is owned 40% each by Liam and Noel, with Marcus Russell and Alec McKinlay having 10% each, with the latter I suspect for tax purposes as their joint shareholding conveniently amounts to 20% which is their commission on Oasis related income as the band management. Oasis Music is a trading name of Noel Gallagher which holds the rights to his Oasis related compositions alongside Sony/ATV and Creation Songs Ltd (Alan McGee and Dick Green) depending upon the song. Liam Gallagher, Andy Bell and Gem Archer all had their own publishing arrangements for their songs from during their time with Oasis, and continue to do so. Music publishing is paid separately on record sales from the masters, but is also paid on radio airplay, advertising licensing, covers, synchronization for films, TV, etc. The term refers to the actual song and not the masters of the versions we all know as Oasis songs. Just Call Me The Roller is correct that the brothers will both earn from the masters to DLBIA and Wonderwall via the masters, but only Noel, his publishing partners and Ignition via management fees will benefit from the publishing rights. Liam's donation to the Manchester cause I presume will come from his earnings from any digital or physical copy sales that may have arisen as a result of it being adopted as an anthem. |
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Post by theyknowwhatimean on Nov 8, 2017 17:20:51 GMT -5
Looks like Liam's stake in Pretty Green was transferred to a company called Pretty Green Group in July of this year. Liam's not named online as having any control of Pretty Green Group, but the CEO is. Has there been a management buyout? Did Rockpool buy Liam's shares? It looks like Rockpool actually invested the day Liam's name disappeared. Sounds like Liam may have quietly sold up... "Fat cats in my Pretty Green"... |
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Post by guigsysEstring on Nov 8, 2017 17:22:23 GMT -5
I think it was mentioned during the One Love fiasco that Liam gets performer royalties as a member of Oasis on DLBIA - no clue if he'd make any more than the rest of the band sans Noel. Also wasn't Noise and Confusion LLP the company created specifically for touring Oasis? Yes that company handled the touring arrangements following the dissolution of Definitely Maybe (Touring) Ltd which was the company with the previous line up. Oasis Merchandising Ltd handled as the name suggests the merchandising licensing rights. |
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Post by guigsysEstring on Nov 8, 2017 17:29:21 GMT -5
It looks like Rockpool actually invested the day Liam's name disappeared. Sounds like Liam may have quietly sold up... "Fat cats in my Pretty Green"... The Evening Standard ( LINK ) are reporting him as still having a minority stake, which is probably a small one given at the time of his divorce he had IIRC a roughly 1/3 stake which was counted towards his net worth. That said he remains the focal point of the brand so it would make sense for him to be retained in a consultancy capacity with some shares even if he has sold up the bulk of his holding for financial or personal reasons. |
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Post by knowhaimean on Nov 8, 2017 17:53:24 GMT -5
"Fat cats in my Pretty Green"... The Evening Standard ( LINK ) are reporting him as still having a minority stake, which is probably a small one given at the time of his divorce he had IIRC a roughly 1/3 stake which was counted towards his net worth. That said he remains the focal point of the brand so it would make sense for him to be retained in a consultancy capacity with some shares even if he has sold up the bulk of his holding for financial or personal reasons. According to the article, Rockpool bought a minority stake while Liam still holds a majority. That doesn’t sound right after reviewing the pdf re: recent company changes. From the article: “Rockpool Investments said it has just completed a deal to buy a minority stake in the retailer, which was founded by the singer in 2009 and named after a song by The Jam. Gallagher remains the largest shareholder, while footballer Joe Cole and other private-equity investors also have stakes.“ |
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Post by Deleted on Nov 8, 2017 17:57:18 GMT -5
It says Liam's the largest shareholder, not that he's a majority shareholder. In fact, the stuff on the Companies House website indicates that he's never been a majority shareholder.
Fuck knows, the whole thing's a maze. Pretty Green, Pretty Green Group, Pretty Green Holdings...
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Post by MONO on Nov 8, 2017 17:58:11 GMT -5
Joe Cole, Liam Howlett and Liam (and even Nick Holland, former PG Design Director, now with his own label hollandesquire.com) are still in as they are directors of Pretty Green Group Ltd, the new company that controls 75% or more of PG Ltd. Because of that change of structure, Liam is not a person with significant control in PG Ltd anymore. So he didn't sell his shares to someone else and left or whatever. beta.companieshouse.gov.uk/company/10781450/filing-history |
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Post by guigsysEstring on Nov 8, 2017 17:59:54 GMT -5
The Evening Standard ( LINK ) are reporting him as still having a minority stake, which is probably a small one given at the time of his divorce he had IIRC a roughly 1/3 stake which was counted towards his net worth. That said he remains the focal point of the brand so it would make sense for him to be retained in a consultancy capacity with some shares even if he has sold up the bulk of his holding for financial or personal reasons. “Rockpool Investments said it has just completed a deal to buy a minority stake in the retailer, which was founded by the singer in 2009 and named after a song by The Jam. Gallagher remains the largest shareholder, while footballer Joe Cole and other private-equity investors also have stakes.“ I'd be surprised if he is but even then, "largest shareholder" doesn't necessarily mean majority shareholder. An example would be UK based 'big four' supermarket chain Wm Morrison Supermarkets plc, who a few years ago had board issues led by founding family dissatisfaction with the latter holding approximately 18% of the shares (since diluted by all accounts). It wasn't enough for a single shareholder decision but enough to make the board and other shareholders take notice of their concerns. Pretty Green at present is a privately held company but similar principles will apply regarding share equity, and also if there are any attachments to the deal such as Rockpool calling the shots on future investment and management appointments for example. |
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Post by guigsysEstring on Nov 8, 2017 18:04:10 GMT -5
It says Liam's the largest shareholder, not that he's a majority shareholder. In fact, the stuff on the Companies House website indicates that he's never been a majority shareholder. Fuck knows, the whole thing's a maze. Pretty Green, Pretty Green Group, Pretty Green Holdings... Welcome to the murky world of corporate structuringand international business mate!  IIRC as I have previously written Liam held approximately 1/3 of the shares at the time of his last divorce with other investors including Joe Cole also having minority stakes. I would assume as Rockpool are a specialist in bringing individual investment into privately held companies as opposed plc's that other shareholders may have also diluted or sold out their interests to make way for the new investors. |
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Post by knowhaimean on Nov 8, 2017 18:14:13 GMT -5
It says Liam's the largest shareholder, not that he's a majority shareholder. In fact, the stuff on the Companies House website indicates that he's never been a majority shareholder. Fuck knows, the whole thing's a maze. Pretty Green, Pretty Green Group, Pretty Green Holdings... Welcome to the murky world of corporate structuringand international business mate! IIRC as I have previously written Liam held approximately 1/3 of the shares at the time of his last divorce with other investors including Joe Cole also having minority stakes. I would assume as Rockpool are a specialist in bringing individual investment into privately held companies as opposed plc's that other shareholders may have also diluted or sold out their interests to make way for the new investors. All of that totally makes sense. Thank you for the information. 😀 |
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Post by MONO on Nov 8, 2017 18:16:08 GMT -5
]I'd be surprised if he is Why? Check out Pretty Green Group Ltd's structure. There is no evidence of Liam selling a single "PG share". What happened is the establishment of a new company that now owns 75% or more of PG Ltd (PG Group Ltd.) and Liam is a director of this new company among others. As this new company now is the main stakeholder of the "old PG" (PG Ltd), Liam as a natural person can't be "in control" of PG Ltd anymore. |
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Post by jxing on Nov 8, 2017 18:23:19 GMT -5
Fascinating. Thanks for the explanations!
One last question, does Liam own the Oasis name or was that split up between LG and NG through out the years?
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Post by guigsysEstring on Nov 8, 2017 18:26:04 GMT -5
]I'd be surprised if he is Why? Check out Pretty Green Group Ltd's structure. There is no evidence of Liam selling a single "PG share". What happened is the establishment of a new company that now owns 75% or more of PG Ltd (PG Group Ltd.) and Liam is a director of this company among others. I'll have a look again but according to Liam's own companies house listing he is only a current director of two companies- LG Productions Ltd LG Touring LLP Liam Gallagher Appointments
Pretty Green Group Ltd according to the link you gave has two current officers, neither of which are Liam unless I'm reading it wrong in between other accounts work (excuses, excuses, etc. ), and a chap by the name of Mr Richard Ralph is listed as the only person under 'persons with significant control'. I also can't see Liam listed as a current Director of Pretty Green Ltd or Pretty Green (Holdings) Ltd, though I admit haven't looked at the share structures at present and obviously am not saying you are wrong. |
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Post by MONO on Nov 8, 2017 18:27:09 GMT -5
Fascinating. Thanks for the explanations! One last question, does Liam own the Oasis name or was that split up between LG and NG through out the years? "OASIS, a UK Partnership consisting of the UK citizens Noel Gallagher and Liam Gallagher" |
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Post by MONO on Nov 8, 2017 18:32:11 GMT -5
Pretty Green Group Ltd according to the link you gave has two current officers, ...and many more directors. Check the document from 29 Aug 2017 in my link and you'll see the names I mentioned among others. |
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Post by guigsysEstring on Nov 8, 2017 18:43:05 GMT -5
Pretty Green Group Ltd according to the link you gave has two current officers, ...and many more directors. Check the document from 01 Sep 2017 in my link and you'll see the names I mentioned among others. If you mean the document marked 'resolutions' from 1st September with the multiple signatures on 26th July mostly signed on their behalf by Simon Randell they are members, i.e. shareholders not directors, and were voting on a sub-dividing of the current issued share capital in Pretty Green Group Ltd. If you meant another document my apologies for being thick and can you point out the correct one please?  |
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Post by Just Call Me The Roller on Nov 8, 2017 18:45:36 GMT -5
Fascinating. Thanks for the explanations! One last question, does Liam own the Oasis name or was that split up between LG and NG through out the years? "OASIS, a UK Partnership consisting of the UK citizens Noel Gallagher and Liam Gallagher" Basically, no matter how much they hate one another, they'll forever be bonded by the Oasis brand... and a lot of money. Thanks everyone for the input here. It's great to have some insight from what happens behind the scenes. |
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Post by MONO on Nov 8, 2017 18:58:03 GMT -5
...and many more directors. Check the document from 01 Sep 2017 in my link and you'll see the names I mentioned among others. If you mean the document marked 'resolutions' from 1st September with the multiple signatures on 26th July mostly signed on their behalf by Simon Randell they are members, i.e. shareholders not directors, and were voting on a sub-dividing of the current issued share capital in Pretty Green Group Ltd. If you meant another document my apologies for being thick and can you point out the correct one please? I meant another one (29 Aug, see updated posting). The one you read indeed only states that they are eligible members. Maybe due to the split or further restructuring, the term changed. |
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Post by MONO on Nov 8, 2017 19:04:42 GMT -5
However, when don't know any exact splits but the "celebrities" still seem to be more involved as the "headline" "Cessation of Liam Gallagher as a person with significant control on 6 November 2017" implied to some.
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Post by Just Call Me The Roller on Nov 8, 2017 19:25:37 GMT -5
Out of curiosity, is it possible to estimate how much money Liam invested on PG in the beginning and how much the value of his shares increased over the years?
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Post by supernovastar94 on Nov 8, 2017 19:50:08 GMT -5
Gotta say, this last pages of the thread are fascinating. Thanks everyone for all the explanations (and keep going  ) |
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Post by Velo on Nov 8, 2017 20:51:20 GMT -5
Out of curiosity, is it possible to estimate how much money Liam invested on PG in the beginning and how much the value of his shares increased over the years? IIRC they didn't make a profit until 2014 or so. |
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Nov 4, 2024 5:04:30 GMT -5