davek
Player Valuation: £150m
Kopite Rotherham having a say ...but out you tool GTF
An absolute 'kin rat.
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Kopite Rotherham having a say ...but out you tool GTF
The reasoning behind that article was this:there is nothing new in the article. just speculation and the same things we have been discussing the last couple of weeks.
The only surprise is its Joe Thomas fronting it.The reasoning behind that article was this:
Chimp: "Boss, Everton just had a great away win and look to have settled themselves down"
Boss chimp: "Put out loads of stories this week about leveraged debt and 777...Genoa and Hertha fans protests...and maybe throw in a story about a points deduction".
Chimp: "Sound".
There's not one good and honest reporter at the Echo...if they were they wouldn't be working there.The only surprise is its Joe Thomas fronting it.
He's called the club out quite a bit , looks like he's had his collar felt.
Some realities that some are in denial about.
1) If we don't accept these buyers there is a chance no one else steps forward (we are not that an attractive proposition right now) and we go down/disappear.
2) No investor is going to buy a Premier league club right now and blatently asset strip it until there is nothing left. Not going to happen would be a reputational disaster for an investor.
3) The idea of setting up investment opportunities for very small scale fan 'investors' like they did with the other club they bought is a positive thing, not a bad thing (we all love how the German clubs are fan owned don't we?)
Some realities that some are in denial about.
1) If we don't accept these buyers there is a chance no one else steps forward (we are not that an attractive proposition right now) and we go down/disappear.
2) No investor is going to buy a Premier league club right now and blatently asset strip it until there is nothing left. Not going to happen would be a reputational disaster for an investor.
3) The idea of setting up investment opportunities for very small scale fan 'investors' like they did with the other club they bought is a positive thing, not a bad thing (we all love how the German clubs are fan owned don't we?)
MSP was a totally different scenario to the full takeover from 777.I don't think it's denial, I think it's basic genuine concern.
1. There is a chance no-one else would be interested, but I think it's a very slim one. MSP appeared very interested only a few weeks ago.... We've no idea about who else who might be waiting to see what transpires in the coming weeks regards the commission and/or if the team begins to shape up. At the very least, I'm sure there are more sharks wanting to make a killing where these came from. There may even be others with more genuine ambition and intention.
2. As I understand it, we are just being added to a portfolio. What is to say that other parts of that portfolio might take precedence over what we might consider to be our best interests? Not so much asset-stripped, as asset-shared perhaps? Could go both ways of course, but to deny the existence of asset stripping ownership seems at least a bit clunky as an argument in favour of 777 or the shared-ownership model.
3. I don't know the numbers, but to get to fan ownership ie 51% would require a massive investment from our fanbase. Say they get the club for £500m, then the fans would need to raise £250m.... for 40,000 fan-investors that would be over £6k each. Is that realistic? Is it realistic to expect them to really do that when they have their own investors who want a profit?
At present, we've no idea what their intentions our. We could simply be a quick flip for once the stadium is complete, where they can see an easy value-margin to exploit. They might've simply muscled themselves into our fire-sale seeing that opportunity and a badly floundering owner desperate to get rid. Early bird and all that...
MSP was a totally different scenario to the full takeover from 777.
They were only "investing" in 25% of the club , to me that would have been a disaster with Moshiri & Kenwright still running the club. Moshiri not putting up anymore money in it would just be kicking the can down the road and the club deeper in debt.
If there's a worry 777 come in for a quick flip they would have to do everything right to make it attractive to any prospective buyers ( hopefully an Oil state that wants a finished product )
Of course we all want a Sheik to rock up & that may happen in the future .
Either way this deal has to happen.
Wow!! Is that how much it is these days??!!Anyone spending their £1.50 on the Echo needs to screw their head back on
That logic doesn't follow.However, I don't understand the logic that if the deal for 777 falls through then we may magically find better owners. The probability is that if 777 are not approved then the next line of investors(if there are any) will be even worse.