I have a theory. Somewhere there is a list of clubs who could be attractive to rich investors.
This list will take into account all factors, such as existing debt, history, catchment area etc.
My question is, how long before City reach the top of that list? With the amount of clubs who have acquired new owners over the last few years, we must have moved up a few places.
Is the debt the main thing stopping investors? Lack of a ground? Apathy among fans?
Villa, Birmingham and Wolves have been on the market for ages apparently no takers. Is it the Midlands ? Maybe Leicester success can nail that. While those 3 have been on the market lowly Bristol Rovers have been acquired by some billionaire Jordanian. But I do think buyers could be found which is what that lot up the M69 did really through loppy lugs Lineker. Do we have people like him in our corner ?
And the other five are either in Beirut, Kabul or Palestine.I reckon we're number 87 out of the 92 on the "attractive investment opportunity" list.
And the other five are either in Beirut, Kabul or Palestine.
to be honest given the choice out of those or Northampton!And the other five are either in Beirut, Kabul or Palestine.
Aston, Beirut, what's the difference?And Aston.
I wouldn't place us that highI reckon we're number 87 out of the 92 on the "attractive investment opportunity" list.
I have a theory. Somewhere there is a list of clubs who could be attractive to rich investors.
This list will take into account all factors, such as existing debt, history, catchment area etc.
My question is, how long before City reach the top of that list? With the amount of clubs who have acquired new owners over the last few years, we must have moved up a few places.
Is the debt the main thing stopping investors? Lack of a ground? Apathy among fans?
I think we are definitely 93rd on the list
You can understand what people in Beirut are saying.Aston, Beirut, what's the difference?
You would rather live in Beirut
Why would anyone buy a club whose own fans roll over and let a London rugby club move into their city?
I would have thought that the fact we have no assets apart from the golden share keeps us low down the list?
Why would anyone buy a club whose own fans roll over and let a London rugby club move into their city?
I'm hopeful that the debt is merely an accounting thing. The creditors are only SISU , so if they get a sensible offer the. They may sell.We also have Ryton and the player's contracts. Sure not owning the stadium effects our asset value but that isn't what makes us unsaleable. That's the ring-fence of debt being kept around the club that grows every year with interest charges.
I'm hopeful that the debt is merely an accounting thing. The creditors are only SISU , so if they get a sensible offer the. They may sell.
Let hope a potential investor can see the potential in the club. Has noticed a new council in place and can see how desperate the fans are for success.
I'm hopeful that the debt is merely an accounting thing. The creditors are only SISU , so if they get a sensible offer the. They may sell.
Let hope a potential investor can see the potential in the club. Has noticed a new council in place and can see how desperate the fans are for success.
But on one hand people are demanding money be put into the club, on the other don't want the debt to SISU.
I personally would like the club to be self sustainable without needing people to pump money in. It would make the club more desirable (bar that SISU debt) to potential owners.
Zzzz. It's all the fans fault blah blah blah. Boring!
Putting money into the club doesn't have to be debt does it? They can put it in as equity I believe. Also what is the purpose of accumulating interest? It serves no obvious purpose, it's just growing a debt mountain that they have no obvious route to recuperating. The sale of the club won't cover it, if they do end up entitled to compensation through the JR it's highly unlikely that will cover it, a season in the premier league might recover it but they don't want to invest to help get us out of this league let alone into the premier league. What purpose can the debt serve other than to ring fence the club from outside interest?
Where did I say it was all the fault? Have you lost your brain cell again?
A large section of our support are extremely passive and apathetic though. Still, I wouldn't expect Tony to understand, he only started going to watch the club as a joke.
Where did I say it was all the fault? Have you lost your brain cell again?
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