if they get the stadium i don't think they'll have much choice but to invest in the team and increase the numbers. that's just common business sense, regardless of it being a football team. Any purchase of a product to make money has to be seen as attractive to potential buyers, i.e. a restaurant has to sell decent food, offer good service, and at a competitive price for people to want to eat there, so investing in a football club would have to be attractive for the people to buy into it i.e. ticket sales.
as ive already said i'm no fan of SISU, but at the end of the day they are a business, the only thing we've got, and they will always do whats best for themselves. However to do that i feel they will have no choice but to invest in the team
I agree that would make sense but would mean SISU would have to invest in the team.
They say they do not have the money to do that. They cant even offer a contract to Cranie for him to reject as too low.
Their logic could be. They cannot sell what they have at the moment a football club losing money.
However they can sell a concept, i.e we are selling a football club that is losing money, but if you buy the football club you also get half the stadium and the potential to build a hotel.
They or their investors get to buy half the stadium at face value from ACL/Higgs i.e 6.5 million.
They either build the hotel or get the deal agreed with a well known hotelier to build it and get the planning permission agreed.
They then attempt to sell their half the stadium (true value an estimated 18.5 million) plus the increase added to the value from the conference centre, now plans are in place for a hotel.
Or build the hotel and sell the whole package. For say 50 million (total guess figure)
Throughout all this no investment in the team is needed, SISU just need to cut costs in this area, to ensure SISU's eventual profit's are not reduced by the debts.
The potential buyers can be told we have got this club running at these minimal costs now all you need to do is invest in the team, to get success if you want it. Or keep the running costs low like we have got it and just live off the revenue stream from the Ricoh, conference centre and hotel and develop the land further.
Either way SISU will not IMO invest in the team as they either don't have the money to do so or do not wish to. I base this opinion on all of their actions in the last 3 years and not offering Cranie a contract, also despite saying the budget has been agreed we still have an embargo.
If we go down this route with SISU, IMO our only hope of ever seeing investment in the team will be is in a couple of years time, 3-5 years maybe. When they are ready to sell the whole package maybe the new investors are interested in developing the squad. However they may like SISU's model of a club whose bank sheets are balanced in league one and an arena development that makes profit.
