SuitsBlue
Player Valuation: £50m
Hypothetical questions get hypothetical solutions
So with the so called investment interests in Coventry and Sheffield Wednesday, another rod is made with which to beat the current Goodison hierarchy, but lets focus on what investment actually means to a football club/business.
What happens when a deep pocketed billionaire rides in with the cavalry and injects vast sums of his money into a club to
1) Wipe out debts
2) Invest in new players
3) Upgrade the clubs revenue streams (stadium development/relocation, associated businesses - media - merchandise - corporate events)
I dont see investment as the saviour a lot of other individuals seem to believe it is, if Mr. Billionaire steps into the breach and covers a clubs debt does that mean it is a charitable donation he or she is willing to write off? Is it bloody hell fire! With the exception of the Chelsea oligarch there are no other club owners interested in making losses with their clubs.
If someone moved into Goodison and ousted BK and covered the debt, as and when he or she made a hasty retreat they would be recovering as much of this capital as they could, BY ANY MEANS POSSIBLE.
Recovering capital means asset stripping, it means selling players and not replacing them, it means selling land/ground and businesses and walking away from the nightmare with the cash.
Bill Kenwright said he would step aside at goodison if the right person/s came in with the best interests of the club at heart.
The Chelsea philanthropist aside, name the club owners content with making yearly losses.
